1)Direct Interest - The dilution of shares from 3,809,339 shares representing 1.49% to 0.28% resulted from the acquisition of the entire equity interest of Diversified Gateway Berhad (“DGB”) by ISS from Formis Holdings Berhad (“FHB”), Lau Chi Chiang and Robin Lim Jin Hee for a total purchase consideration of RM110,000,000 to be satisfied entirely via the issuance of 1,100,000,000 new ordinary shares of RM0.10 each in the Company.
2) Indirect Interest - The dilution of shares from 34,830,743 shares representing 13.61% to 2.57% resulted from the acquisition of the entire equity interest of Diversified Gateway Berhad (“DGB”) by ISS from Formis Holdings Berhad (“FHB”), Lau Chi Chiang and Robin Lim Jin Hee for a total purchase consideration of RM110,000,000 to be satisfied entirely via the issuance of 1,100,000,000 new ordinary shares of RM0.10 each in the Company.
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....