|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|0.59 ||0.31 || -0.28 (47.46%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
| No Price Target available for this stock. |
handsomeoldie yes if you are a shareholder, you can attend
focuz Wat's d outlook like affecting price of TGOFFS at E.G.M ?
The enlarged capital - How are new ones issued & to whom?
viper88 Share capital increased from RM200million to RM 300million. From 400,000,000 ordinary shares of 0.50 sen each increase to 600,000,000 ordinary shares of 0.50. 200,000,000 new ordinary shares of 0.50 worth RM100,000,000
The proposed increase in Authorised Share capital to facilitate/accommodate the issuance of new shares arising from the on going conversion of outstanding Warrants A and exercise of SIS options.
Looks good, increase of RM100million worth in share capital for the coming conversion Warrants A and SIS option.
viper88 Warrant A due to expire on 7/4/16 have a total of 29,981,990 outstanding warrants A that yet to be unexercised + 37,355,300 unissued ordinary shares for SIS option granted under the SIS.
With about 2 more yrs before warrant expire.. this EGM want to speed up the valuation process to support the total new shares value most likely for the upcoming RTO in early Sept.
newbis any effect of share price?
viper88 Still at proposal lvl.. if approve share capital value will increase from RM200 million to Rm300 million.
focuz @viper88: Also got 15% new shares...?
viper88 I received the circular and voting form this afternoon :D
400,000,000 increase to 600,000,000 shares means extra 200,000,000 (15% new shares.) new ordinary shares value at 0.50 shares which is extra RM100,000,000 in share capital.
This RM100,000,000 is to support the conversion value of outstanding TGOFF WA and the exercise of SIS options.
ampabella so ini macam baik or not baik