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Careplus Group plans 20% private placement to raise up to RM49.85mil

KUALA LUMPUR: Careplus Group Bhd has proposed to undertake a private placement of up to 114.6 million new shares or 20 per cent of the total number of issued Careplus shares to raise up to RM49.85 million, which will mainly be used to fund expansion plans for rubber gloves production and working capital purposes.
Kuala Lumpur Sdn Bhd Careplus Group Bhd Careplus Group Bursa Malaysia Companies Act

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Cover Story 2: How much did Malaysia's top guns take home in 2020?

THE Covid-19 pandemic has caused many companies to be in financial distress, forcing some to temporarily shut down factories and operations for at least two months from mid-March in 2020 and experiencing lower demand after that. With numerous firms seeing a decline in earnings, and many falling into the red, one wonders how much Malaysia’s top brass were paid in 2020 versus the year before. According to data compiled by The Edge, among the top 50 companies by market capitalisation, the heads ...
Datuk Abdul Rahman Ahmad Kong Khoon Afzal Abdul Rahim Datuk Sulaiman Mohd Tahir Azman Mohd Roland Bala

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