Share
KUALA LUMPUR (July 11): Shares in property developer I-Bhd dipped 1.33% this morning after the firm said it is proposing a renounceable rights issue of three-year redeemable convertible cumulative preference shares (RCCPS) to raise up to approximately RM150 million.
At 9.19am, I-Bhd shed 0.5 sen to 37 sen for a market capitalisation of RM375.28 million.
The proceeds would enable the group to fund its property investment/hospitality portfolio and property development businesses.
TOP PICKS BY EDGEPROP
Damansara Heights (Bukit Damansara)
Damansara Heights, Kuala Lumpur
Seksyen 11, Petaling Jaya
Petaling Jaya, Selangor
Elegan Townhouse, Taman Putra Perdana
Puchong, Selangor
Taman Kanagapuram
Jalan Klang Lama (Old Klang Road), Kuala Lumpur
Alam Nusantara
Setia Alam/Alam Nusantara, Selangor
East Ledang
Iskandar Puteri (Nusajaya), Johor
Seksyen 5, Petaling Jaya
Petaling Jaya, Selangor
Lucky Garden (Jalan Bangsar)
Bangsar, Kuala Lumpur
Maxim Citylights @ Sentul KL
Sentul, Kuala Lumpur
Camellia Residence, Bandar Tasik Kesuma
Semenyih, Selangor
DO MORE WITH EDGEPROP.MY
-
Read newsRead the latest news and in-depth coverage of Malaysian property - what's hot, what's not and more
-
Search listingsFind residential or commercial properties for sale, rental and auction by licensed agents
-
Search new projectsCheck out over 200 new project launches and offers by developers in Klang Valley and other locations
-
Get property market insightsGet your personalized property report (including estimated home value) and find past transacted data
-
Get home design ideasZING.my can help you get started on your renovation project. Find hundreds of design portfolios by professionals in Malaysia
-
Partner with usAre you a real estate agent or home professional? List your properties or portfolio with us for free and get quality leads.
