Wednesday 01 May 2024
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KUALA LUMPUR (Sept 18) Johore Tin Bhd (JTB) says it has subscribed for an additional 43.5 million ordinary shares of Able Dairies Sdn Bhd (ADSB) at an issue price of RM1.00 per share in the capital of ADSB, raising the total investment to RM45 million. 

In its filing to Bursa Malaysia today, JTB said payment in cash would amount to RM16.63 million with contra account owed to it at RM26.9 million.

“With the contra, ADSB has discharged its liability on owing due to the company in respect of RM26.9 million,” it said. 


 

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