In Bursa Malaysia filing yesterday, the oil and gas (O&G) service provider said the fundraising exercise is to repay some of its bank borrowings and working capital.
PETALING JAYA: Serba Dinamik Holdings Bhd
has raised RM456.7mil by selling new shares through a private placement exercise.
The oil and gas (O&G) service provider said in an update to Bursa Malaysia on Friday the fundraising exercise was to repay some of its bank borrowings and working capital.
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