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Meta Bright Group expands into renewable energy with new joint venture - partnered with United Success Holding Pte Ltd and Yang Lei to establish Meta Bright Solutions Sdn Bhd to develop and operate battery energy storage systems (BESS), electric vehicle (EV) charging infrastructure and energy efficiency solutions (EE) in Malaysia and potentially across South-East Asia.
Siab plans a rights issue of 13 shares for every 10 held, plus 1 warrant per 2 rights shares, at 12.0 cents each(conversion price fixed at 20.0 cents). Aiming to raise RM91.98 million, funds will mainly acquire Taghill Sdn. Bhd. for RM96 million, with the remaining RM12 million funded internally. If investing for long term, subscribing is a no brainer move
