Borneo Oil to raise RM53.57mil to acquire 30.73% stake in Ma

KUALA LUMPUR: Borneo Oil Bhd (Bornoil) has proposed a private placement to raise as much as RM53.57 million mainly to pay for the acquisition of a 30.73 per cent stake in Makin Teguh Sdn Bhd (MTSB).

Related Keywords

Kuala Lumpur , Malaysia , Borneo , Malaysia General , Teguh Sdn Bhd , Borneo Oil Bhd , Bornoil Group , Borneo Oil , Makin Teguh Sdn Bhd , Bursa Malaysia , Corporate News , Acquisition , Private Placement , Diversification , Mtsb ,