Hutan Melintang Power Plant Sdn Bhd announced that it has signed a binding term sheet with new investor, Seal Incorporated Berhad to issue 387,500 new redeemable convertible preference shares at an issue price of MYR 12.903226 for proceeds of MYR 5,000,000 on September 6, 2023. The transaction may be subject to necessary approvals.
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- Hutan Melintang Power Plant Sdn Bhd announced that it expects to receive MYR 5 million in funding from Seal Incorporated Berhad