LAMBO GROUP BERHAD ("LAMBO" OR "COMPANY") - OFFER OF OPTIONS UNDER THE COMPANY'S EMPLOYEES' SHARE OPTION SCHEME ("ESOS")
(a) Date of offer: 24 July 2023 (b) Exercise price of options offered: RM0.019 each (c) Number of options offered: 59,000,000 (d) Market price of LAMBO’s shares on the date of the offer: RM0.02 (e) Number of options offered to Directors of LAMBO: Nil (f) Vesting period of options offered: Not applicable
This announcement is dated 24 July 2023.
================= Directors busy with fund raising via shares issuance to PP, ESOS even at low low price !!!
JOE is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 21 August 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses from share consolidation
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
whistlebower99
4,876 posts
Posted by whistlebower99 > 2023-04-12 12:04 | Report Abuse
FOR NEWBIES
Previous Capital Change
Announced EX Date Subject Ratio Offer
28 Jul 2021 11 Aug 2021 Rights Issue (warrant) 5.0000 : 1.0000 0.1000
09 Jul 2021 23 Jul 2021 Share Consolidation 1.0000 : 25.0000
10 Apr 2019 22 Apr 2019 Bonus Issue (warrant) 1 : 2
12 Feb 2018 01 Mar 2018 Subdivision 10 : 25
09 Dec 2015 21 Dec 2015 Rights Issue (warrant) 4 : 2 0.1000
https://www.klsescreener.com/v2/stocks/view/0018/lambo-group-berhad
==============
NOSH = 1,540,499,046
WB = 945,95,020
WC = 398,981,138
=====================
After share consolidation, NOSH exceed 1.5 BILLION shares again