1st step suspense 2nd step delisted Please go and read PN17/803A stated in the bursa listing rules and regulations. For me I will not buy any super high risk like gambling because bursa so many share can invest why I need to invest those easy to become toilet paper. Friday can't trade anymore in open market
Let's look : Market Cap RM201 mil Gov Payout of RM 231 mil Redtone deal of RM 294 mil That's kinda insane where the price and cap is.
However bottomline is, how confident are you with Awantec's long term prospect ? that is Bursa's concern at the moment. They essentially going against the gov which is their main customer segment ... how will this affect the relationship and their business opportunity long term. if you are confident with their business outlook, then the risk of delisting doesnt matter cause eventually they can be re-listed.
Judging from the current situation i'm quite risk adverse, if they are so confident with the business outlook they have no qualms submitting the regularization plan or that the waiver was convincing enough to prevent bursa from delisting the company in the first place
Fl888 operator buy 0.15 and sale to you 0.27. They run already but you hold the share 0.27 until when also don't know. I tell the truth you not believe me want to give money to operator. Who can stop you
burs4 is run bolshit ppl. look at how many penny manipulated stock that no business, cobtinue to produce negative results, cobtinue issuing esos to directors to the billions.. what they did?? nothing at all.. probably some ppl there olso involve in this billion ringgit burs4 scam sybdicate??
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings During Closed Period
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings During Closed Period AWANBIRU TECHNOLOGY BERHAD
Subject Dealings During Closed Period Date of announcement made for "Intention to Deal During Closed Period" 19 Apr 2024
No Salutation Name Designation Description Of "Others" Designation ENCIK AZLAN BIN ZAINAL ABIDIN Chief Executive Officer Type of Transaction Acqu ired Description of "Others" Type of Transaction Date of Transaction 23 Apr 2024 Description of Securities ORDI NARY SHAR ES No of Securities Transacted 180, 000 % of Securities Transacted 0.02 3 Consideration Mala ysia n Ring git (MYR ) 37,8 00.0 00 MR CHOK JOON HENG Chief Operating Officer Type of Transaction Acqu ired Description of "Others" Type of Transaction Date of Transaction 23 Apr 2024 Description of Securities ORDI NARY SHAR ES No of Securities Transacted 140, 700 % of Securities Transacted 0.01 8 Consideration Mala ysia n Ring git (MYR ) 28,1 40.0 00
Announcement Info Company Name AWANBIRU TECHNOLOGY BERHAD Stock Name AWANTEC Date Announced 23 Apr 2024 Category Dealings in Listed Securities (Chapter 14 of Listing Requirements) Reference Number DLR-23042024-00046
Look At Bursa Annoucemeny 1. CEO Azlan bought 380K share at $0.21 on 23rd April 2024 2. CFO Chok Joon Heng bought 51k shares at $0.25 on 25th April 2024
Next week, Awantec will be lifted from suspension as KLSE cannot simply retract the suspension today … need to deliberate properly so they say and just to show their regulatory power and authority… I bought at 20.5 cts…
fundamental of the company seems legit and solid. it's up to the SC to grant extention or not. it's on their mercy now.. but if the extention is granted that awantec will fly high
The fact is the the CEO buy in on the 21st of April and the CFO buy in on the 23rd of April 2024 The CEO got impressive profile. From Imperial colledge London
CEO and CFO buy because of they want to increase the shareholding percentage for voting. They don't care is listed or delisted. Because they are management. Ours if buy can not sale meaning is toilet paper. We don't have significant voting rights. Lol
8.03A Level of operations (5) An affected listed issuer need not comply with the requirements set out in subparagraph (3) above provided that - (a) the affected listed issuer is able to demonstrate to the satisfaction of the Exchange that its remaining business is viable, sustainable and has growth prospects, supported with appropriate justifications; and (b) in the view of the Exchange, its level of operations warrant continued trading or listing on the Official List. (6) An affected listed issuer intending to rely on subparagraph (5) above must announce the following to the Exchange: (a) immediately upon the affected listed issuer triggering subparagraphs (2)(a) or (2)(b) above, a statement to that effect and that it has made an application to the Exchange pursuant to subparagraph (5) above; and (b) immediately upon its receipt of the Exchange’s decision on its application, the Exchange’s decision and the conditions imposed (if any).
Realrich is not considerate but just a lifeless troll. We can place a side bet of 5000 if you think it will be delist. But I bet realrich will chicken out.
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....
Realrich
1,310 posts
Posted by Realrich > 4 days ago | Report Abuse
1st step suspense
2nd step delisted
Please go and read PN17/803A stated in the bursa listing rules and regulations. For me I will not buy any super high risk like gambling because bursa so many share can invest why I need to invest those easy to become toilet paper. Friday can't trade anymore in open market