Malaysia's Halex plans two-call rights issue to acquire property co

Malaysia's Halex plans two-call rights issue to acquire property co

Biotechnology business Halex Group produces agrochemicals and disposable healthcare products.

Halex Holdings Bhd has made a move to change its earlier cash call to renounceable two-call rights issue, to raise MYR40 million. The large portion of the funds raised will go into a stake acquisition in a property company.

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