Eduspec Holdings Berhad announced a private placement of up to 152,314,000 new ordinary shares at an issue price of MYR 0.0647 for the gross proceeds of MYR 9,854,715.8 on January 30, 2024. The transaction will include participation from independent third party investors.

On February 19, 2024, the company announced that it has disclosed the issue price of MYR 0.0647 for the first tranche.