镠公公 
609 posts |  Posted by 镠公公 > May 7, 2021 8:24 AM | Report Abuse
limit up |
镠公公
609 posts | Posted by 镠公公 > May 7, 2021 9:46 AM | Report Abuse https://www.barchart.com/futures/quotes/R-M21 |
TedTock
254 posts | Posted by TedTock > May 7, 2021 11:58 AM | Report Abuse NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MALAYSIA STEEL WORKS (KL) BHD ("MASTEEL" OR "COMPANY") PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 226,369,915 NEW ORDINARY SHARES IN MASTEEL ('RIGHTS SHARES") TOGETHER WITH UP TO 226,369,915 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING ORDINARY SHARES HELD IN MASTEEL TOGETHER WITH 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ON A FULL SUBSCRIPTION BASIS ("RIGHTS ISSUE WITH WARRANTS")
MALAYSIA STEEL WORKS (KL) BHD
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description MALAYSIA STEEL WORKS (KL) BHD ("MASTEEL" OR "COMPANY")
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 226,369,915 NEW ORDINARY SHARES IN MASTEEL ('RIGHTS SHARES") TOGETHER WITH UP TO 226,369,915 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING ORDINARY SHARES HELD IN MASTEEL TOGETHER WITH 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ON A FULL SUBSCRIPTION BASIS ("RIGHTS ISSUE WITH WARRANTS")
Unless otherwise redefined, the definitions set out in the earlier
announcements in relation to the Rights Issue with Warrants shall apply in
this announcement.
M&A Securities Sdn Bhd on behalf of the Board is pleased to announce that
the Board has resolved to fix the issue price for the Rights Shares at RM0.586
per Rights Share, and the exercise price of the Warrants at RM0.586 per
Warrant.
The issue price of the Rights Shares and the exercise price of the Warrants
were determined by the Board after taking into consideration, amongst others,
the following:
(i) the historical share price movement of Masteel Shares;
(ii) the 5D-VWAMP of Masteel Shares up to and including 5 May 2021 of
RM0.7810, being the market day immediately preceding the date of this
announcement; and
(iii) the theoretical ex-all price of Masteel Shares of RM0.6835, calculated
based on the 5D-VWAMP of Masteel Shares in (ii).
The issue price of the Rights Shares and the exercise price of the Warrants
represent a discount of 25.0% and 14.3% to the 5D-VWAMP of Masteel Shares up
to and including 5 May 2021 (being the market day immediately preceding the
date of this announcement) of RM0.7810 and the theoretical ex-all price of
Masteel Shares of RM0.6835, respectively.
Premised on the above, the Board is of the view that the issue price of the
Rights Shares and the exercise price of the Warrants are fair.
This announcement is dated 6 May 2021.
Announcement Info
Company Name MALAYSIA STEEL WORKS (KL) BHD
Stock Name MASTEEL
Date Announced 06 May 2021
Category General Announcement for PLC
Reference Number GA1-06052021-00118 |
djibaok
1125 posts | Posted by djibaok > May 7, 2021 2:48 PM | Report Abuse issue price for the Rights Shares at RM0.586 per Rights Share, and the exercise price of the warrants at RM0.586 per Warrant. |
apple168
4380 posts | Posted by apple168 > May 7, 2021 4:32 PM | Report Abuse 钢铁有价无市，见好就收。 |
Aaron_tan
1244 posts | Posted by Aaron_tan > May 7, 2021 5:04 PM | Report Abuse steel theme all over, people move back to gloves ... |
cimedhell
6 posts | Posted by cimedhell > May 7, 2021 9:25 PM | Report Abuse aaron tan, glove already end la, do u read what Supermax Stanley Thai talked to the news or not |
cimedhell
6 posts | Posted by cimedhell > May 7, 2021 9:26 PM | Report Abuse aaron tan u go back to your glove and tech counters la, dont comment rubbish in steel here la |
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Genghiskhan78
5 posts | Posted by Genghiskhan78 > May 8, 2021 4:20 PM | Report Abuse MCO 3.0 Jangan ke sana ke Sini !!! Goreng Saham Make Money !!! Steel Stock H9e ! Go Go Go !!!! |
Aaron_tan
1244 posts | Posted by Aaron_tan > May 10, 2021 12:43 PM | Report Abuse steel theme is over due to covid.
ignore the crazy steel price from china , all already factor in |
llrr77
73 posts | Posted by llrr77 > May 10, 2021 6:35 PM | Report Abuse lmao what a fool Aaron_Tan hahahaha wtf is he talking about somebody can explain??????? lollll |
caonima
266 posts | Posted by caonima > May 11, 2021 9:51 AM | Report Abuse WC callbuy for out tickets, remember to take profit quickly |
excelyou
1237 posts | Posted by excelyou > May 11, 2021 5:05 PM | Report Abuse WEAKNESS IN MARKET IS OPPORTUNITY
Shanghai steel futures surged to a new record-high above *5,700* yuan a tonne buoyed by strong domestic demand as the peak constructions season starts.
Also, production curbs aimed at reducing carbon emissions in China’s steel capital Tangshan have been boosting prices and profitability at mills.
Global demand is also making a return as more economies reopen, with China’s finished steel exports surging 24.5% from a year earlier in the first four months of the year. |
jeffrey1166
206 posts | Posted by jeffrey1166 > May 12, 2021 10:55 AM | Report Abuse keep buying |
caonima
266 posts | Posted by caonima > May 12, 2021 1:04 PM | Report Abuse WC thanks for the help to out all ticket yesterday and told you is cutloss...
shorturl
.at
/chuBP |
ahbah
2893 posts | Posted by ahbah > May 12, 2021 1:08 PM | Report Abuse Steel stocks ... add |
blackchicken
226 posts | Posted by blackchicken > May 12, 2021 8:42 PM | Report Abuse China Rebar Spot Price
http://www.sunsirs.com/uk/prodetail-927.html |
