Friday 29 Mar 2024
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KUALA LUMPUR (April 25): Shares in Tiger Synergy Bhd soared 14.29% in active trade this morning following its announcement on April 19 of a proposed private placement exercise to place out up to 10% of its issued share capital to raise RM6.26 million for working capital.

At 12pm, the penny stock rose one sen to eight sen with 87.78 million shares traded.

On April 19, the property developer, and furniture parts and wood-based products maker proposed a private placement exercise following the cancellation of its planned irredeemable convertible preference share (ICPS) rights issue with warrants.

 

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