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KTB proposes placement of 16.63% issued shares to DOH Properties

Konsortium Transnasional Bhd (KTB) has proposed placement of 67 million new ordinary shares, representing 16.63% of its existing issued shares, to Doh Properties Sdn Bhd at an issue price of 10 sen per unit. In a filing with Bursa Malaysia, the transport company said it had also proposed 233 million redeemable convertible preference shares (RCPS) in KTB at an issue price of 10 sen per RCPS via a subscription agreement with Doh Properties inked today
Kuala Lumpur Sdn Bhd Konsortium Transnasional Bhd Jutari Sdn Bhd Doh Properties Sdn Bhd Doh Properties

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