MY Dealbook: PNE calls off while RHBCap delays $570m rights issue; XingQuan to raise $11.5m

Rights issue and private placements have been a theme among a few Malaysian companies the past three days, as some like PNE PCB have the exercise called off, or RHBCap had a $570 million rights issue delayed on the central bank’s call. China-based XingQuan will proceed with its right issue, however.