siabholdingsberhad
KUALA LUMPUR, May 28, 2024 - (ACN Newswire) - Siab Holdings Berhad (“Siab” or the “Company”), an established player in Malaysia’s construction industry, is pleased to announce its financial results for the first quarter ended 31 March 2024 (“Q1 FY2024”) with 104.7% improvement in Profit After Tax (“PAT”) of RM0.11 million as compared to the Loss After Tax (“LAT”) of RM2.33 million from the previous year's corresponding quarter (“Q1 FY2023”). Siab reported a Profit Before Tax (“PBT”) and PAT of RM0.11 million for Q1 FY2024, reversing the Loss Before Tax (LBT) and LAT of RM2.31 million and RM2.3...
ACN Newswire
KUALA LUMPUR, May 7, 2024 - (ACN Newswire) - Siab Holdings Berhad (“Siab” or the “Company”), an established player in Malaysia’s construction industry, is pleased to announce its plans to raise approximately RM103.98 million through private placement, of which RM12.00 million has been completed on 28 December 2023, and rights issue with warrants. These funds will be used to finance the acquisition of Taghill Projects Sdn. Bhd. (“Taghill”). The rights issue with warrants, valued at RM91.98 million, will be underwritten by M & A Securities Sdn. Bhd. ("M & A Securities"), the Principal Adviser, M...
ACN Newswire
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