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
Centrio SoHo @ Pantai Hillpark
Pantai Dalam/Kerinchi, Kuala Lumpur
Desa Idaman, Taman Puchong Prima
Puchong, Selangor
Aurora Residence @ Lake Side City
Puchong, Selangor
The Establishment (Alila Bangsar )
Bangsar, Kuala Lumpur
Seksyen 25, Shah Alam (Taman Sri Muda)
Shah Alam, Selangor
Vogue Suites 1 @ KL Eco City
Bangsar, Kuala Lumpur
