In Depth

WCT Holdings to potentially raise RM500m from new warrants

WCT is expected to net RM107 million from the rights issue, which was issued at RM1 per share. By the same token, the exercise price for the new warrants is RM2.08 per share and could potentially raise a further RM500 million.

Meda bets on Chan Sow Lin land

Meda last month announced that it was acquiring a 4.18-acre parcel in Jalan Satu, Chan Sow Lin, Kuala Lumpur, for RM180 million