Hiap Teck Venture Bhd (HTVB) has agreed to subscribe for 54.6 million new shares worth RM53.24mil in 27.3%-owned joint venture Eastern Steel Sdn Bhd (ESSB) which is seeking to raise RM195mil via a proposed rights issue.
The Board of Directors of Lloyds Steels Industries Limited have approved the Offer and issuance of fully paid-up equity shares of the Company for an amount not exceeding ₹9,990 Lakhs by way of a rights issue.
The Board of Directors of IND Renewable Energy Limited have, in principle, considered and approved the proposal to raise the fund up to Rs. 26,00,00,000 by way of Right issue.
The board of directors of Seacoast Shipping Services Limited has approved the fund raising by way of issue of equity shares on rights basis to existing shareholders of the company.