GRAND VENTURE TECHNOLOGY SDN BHD announced that it has received shareholder loan of MYR 2,400,000 and issued 3,000,000 shares at issue price of MYR 1 per share for gross proceeds of MYR 3,000,000; for aggregate gross proceed of MYR 5,400,000 on August 7, 2019. The transaction included participation from returning investor, Grand Venture Technology Limited (Catalist:JLB). The shareholder's loan carry an interest rate of 3% per annum with no fixed term of repayment. The investor will continue to hold 100% stake in the company.