Heitech to raise RM22.98mil via placement
PETALING JAYA: Heitech Padu Bhd is proposing a private placement of 10.12 million new ordinary shares to raise gross proceeds of RM22.98mil for working capital purposes.

In a filing with Bursa Malaysia, the company said the issuance of new ordinary shares represents 10% of the total number of issued shares of the company.

It said the placement shares will be placed to third-party investors to be identified later.
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Heitech Padu Bhd is proposing a private placement of 10.12 million new ordinary shares to raise gross proceeds of RM22.98mil for working capital purposes.