Green Packet Bhd has proposed to subscribe for the redeemable convertible exchangeable preference shares (RCEPS) in Mirai Alpha Sdn Bhd for RM12.15mil.
PETALING JAYA: Green Packet Bhd
has proposed to subscribe for the redeemable convertible exchangeable preference shares (RCEPS) in Mirai Alpha Sdn Bhd for RM12.15mil in a bid to enhance its income stream and grow its Hyperscale Data Centre (HDC) business.
In a filing with Bursa Malaysia yesterday, Green Packet said its wholly-owned subsidiary Next Telecommunications Sdn Bhd has signed an agreement with Mirai HDC and Mirai Alpha, to subscribe for 2,000 ordinary shares in Mirai HDC or 20% stake for RM2,000, and an agreement for RCEPS in Mirai Alpha for RM12.15mil.
“The group’s decision to invest in Mirai Alpha is aligned with the implementation of its 5.0 growth strategy.
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