Catcha Digital Berhad has completed its renounceable rights issue of new ordinary shares with free detachable warrants, where it received an overwhelming investor response with total applications of 160.64 million shares for the 90.12 million Rights Shares available, representing a subscription rate of 178.25%—an oversubscription of 78.25%.
Structured on the basis of one (1) Rights Share for every four (4) existing shares held at RM0.27 per share, together with two (2) free detachable warrants for every one (1) Rights Share subscribed, the issue will raise gross proceeds of RM24.33 million.
Catcha Digital Chairman Patrick Grove said the strong shareholder demand reflects deep confidence in the company’s long-term strategy.
“The 78.25% oversubscription is a clear endorsement of our vision and strategy from our shareholders. This successful capital raise strengthens our position to build the leading digital group in ASEAN and demonstrates strong alignment between our mission and shareholders’ commitment to long-term growth,” he said.
The 90,120,544 Rights Shares and 180,241,088 Warrants are expected to be listed and quoted on the ACE Market of Bursa Malaysia on or around 13 November 2025.
Catcha Digital said the proceeds from the Rights Issue will support ongoing expansion, strategic investments, and working capital as it continues to execute its vision of consolidating high-growth digital assets across Southeast Asia.
