Msr Green Corporation Sdn. Bhd entered into subscription agreement on February 6, 2024. The company announced that it will issue 1,464,926 ordinary shares at an issue price of RM 5.9417 for per share at gross proceeds of RM 8,704,151 and 1,059,583 irredeemable convertible preference shares at an issue price of RM 5.9417 per share at gross proceeds RM 6,295,724 and total gross proceeds of RM 14,999,875.

The transaction will include participation from new investor Seal Incorporated Berhad to retain 20% stake.