Budget 2027 provides RM1.7 billion for targeted financing
BSN said the allocation would benefit youth, gig workers, hawkers and vulnerable communities.
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BSN said the allocation would benefit youth, gig workers, hawkers and vulnerable communities.
The fund also outlined allocations for start-ups, climate investments, semiconductors and student accommodation.
Two entities linked to founder Ong Yoong Nyock became substantial shareholders, while his total holding fell to 52.06%.
The proposed offering includes 179.22 million new shares, with funds earmarked for products, staffing and facilities.
The Budget 2027 allocation increases the fund to RM10 billion, with RM3.8 billion already approved from its original allocation.
The Selangor project will supply Proton, with annual capacity of 200,000 units and deliveries scheduled to begin in March 2027.
The consideration will offset debt to MMR Capital, which has also agreed to waive RM2.02 million owed by AIMAX Healthcare.
Trading volume eased to 145,207 lots, while open interest rose to 337,867 contracts.
Bursa Malaysia filings also recorded the end of Wong Thean Soon’s substantial shareholder status at Excel Force MSC Bhd.
The RM1.2 billion allocation under Budget 2027 includes support for Selangor through a joint fund with the state government.