News and Announcements
Altech Secures Another Quality Cornerstone Investor
- Published June 14, 2016 2:58PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
9th June 2016, ASX Announcement
Highlights:
- Altech secures Malaysian publicly listed MAA Group Berhand (MAAG) as cornerstone investor
- MAAG is an insurance, investment, credit and finance group with total assets of RM1.45 billion
- Placement of $1.0 million of March 2016 shortfall shares
- A total of ~$5.0 million raised since March 2016
Altech Chemicals Limited (Altech / the Company) (ASX: ATC) is pleased to announce that it has secured another quality cornerstone investor, MAA Group Berhad (MAAG), which will subscribe to $1.0 million of Altech shares (March 2016 placement shares).
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