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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).

To view the full announcement, please click on the button below.

 

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