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CGB plans to raise between RM79.3 million and RM83.3 million through a private placement of up to 10% of its shares. The funds will mainly be used to support its ongoing construction projects and day-to-day working capital needs
Steady lah, this CGB dip is just a small speed bump before the real recovery starts. Long-term potential still solid one, just hold tight and wait for the steady climb.
CGB really got solid growth potential, so better start converting your holdings to secure more ownership now. It is a great chance to bet on their long-term success while the price is still worth grabbing.