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KUALA LUMPUR (April 29): Propel Global Bhd (KL:PGB) has subscribed to 23.46 million shares or a 6.5% stake in a private placement by Reservoir Link Energy Bhd (KL:RL).
Reference is made to the announcement made on 7 April 2025 in relation to the Memorandum of Understanding (“MOU”) between Aemulus Corporation Sdn. Bhd. (“ACSB”), a wholly-owned subsidiary of Aemulus Holdings Berhad (“AHB” or “the Company”) and Samsung Electro-Mechanics Co., Ltd (“SEMCO”) (“Announcement”).
Unless otherwise stated, all definitions used throughout this announcement shall have the same meaning as defined in the earlier Announcement.