IN THE ever-evolving landscape of the Malaysian corporate sector, Techbase Industries Bhd’s (formerly Prolexus Bhd) recent rights issue could present an intriguing arbitrage opportunity for astute investors.
Delving into the details of this corporate exercise and its implications, it is clear that this is more than just a routine capital-raising endeavour.
Techbase has unveiled a renounceable rights issue of up to RM102.58 mil nom...