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Sunview Group Gets Six-Month Extension for Implementation of Private Placement of Shares

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Sunview Group (KLSE:SUNVIEW) has received approval from the Bursa Securities for a six-month extension until Jan. 27, 2027, to complete the implementation of the private placement, according to a Thursday filing with the Bursa Malaysia.

The private placement of up to 10% of the total number of issued shares of Sunview.

In January, Sunview proposed a private placement of up to 10% of its issued share capital to raise funds mainly for working capital to support its engineering, procurement, construction, and commissioning projects.

The company's shares were up over 1% in recent trade.

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