Borneo Oil to raise RM223.39 million via rights issue
27 April 2015 – New Straits Times KUALA LUMPUR: Borneo Oil Bhd (BornOil) is raising RM223.39 million through a proposed rights issue with free warrants, aimed at expanding its lucrative gold mining activities in Peninsular Malaysia. The exercise would strengthen BornOil’s gold mining activities, which comes under the oil, gas and energy-related business division, the company…
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