Author: mitzielliot167

Central Global Berhad’s Proposed Private Placement Approved by Bursa Securities

Central Global Berhad’s (“CGB”) proposed private placement of up to 18 million new ordinary shares has been approved by Bursa Malaysia Securities Berhad (“Bursa Securities”). CGB executive chairman Dato’ Faisal Zelman CGB is a manufacturer of specialised industrial tapes and label stocks that pioneered industrial hi-temp masking tapes manufacturing and is a one-stop solution provider for crepe paper masking. The Group’s other business is construction, where it recently won a subcontract valued at RM100.54 million to upgrade water supply infrastructure in Lahad Datu, Sabah. A letter from Bursa Securities dated 22 April 2021 was received by TA Securities Holdings Berhad ... Read more