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Overview
Financial Highlight
Headlines
Business Background Muar Ban Lee Group Bhd is a palm oil machinery manufacturing company. It provides services starting from setting up palm kernel crushing plants, plant design and fabrication to installation and commissioning. The segments of the company are Investment holding which consists investment holding and provision of management services, Manufacturing which relates to manufacturing of oilseed expeller, automated kernel crushing plants and related parts. Trading and service which includes trading of renewable energy, palm oil mill effluent waste treatment, empty fruit brunch composting, and biogas plant project. Edible oil milling relates to the business of palm kernel crushing plant. The group operates internationally, and the manufacturing segment constitutes majorly to its revenue.
  coolio Yeah paperplane...plenty strong holders here. Good FA stock, unlikely go wrong..RM2 no problem 09/07/2020 9:23 AM  Justin328 (6) In accordance to the adjustment provision as set out in the Deed Poll pursuant to the Proposed Bonus Issue, the Warrants-A shall be adjusted to 76,034,560 Warrants-A and the exercise price of Warrants-A shall be adjusted from RM0.80 per Warrant-A to RM0.40 per Warrant-A. 09/07/2020 12:17 PM damonjun11 Bonus issue one month after annoucement of a new majority shareholder. i can smell blood. hahaha 10/07/2020 3:02 PM BullRunComing MBL boss has announced to increase stake in FIHB and want to be substantial holder. Possible he will sell off some MBL to gain cash in order to buy more FIHB till 25% as stated. https://www.theedgemarkets.com/article/muar-ban-lee-wants-substantial-stake-federal-international 10/07/2020 3:55 PM damonjun11 strange timing indeed. while MBL boss own company shares being acquired by a recently emerged majority sharesholder. he want to increase stake at other company. 10/07/2020 4:11 PM Justin328 https://malaysiastock.biz/Company-Announcement.aspx?id=1242131 submitted for approval act very fast oh 10/07/2020 5:37 PM BullRunComing Probably the boss needs cash to acquire FIHB while doesn't want to lose his position in his own company. So left hand pass to right hand sold to someone else he probably knows. 10/07/2020 6:13 PM enhanzcap Warrant is cheap. No of warrants going to adjust by multiple 2 and conversion price divided by 2. Still has 28 mths to go 11/07/2020 11:25 AM Justin328 Ya! My understanding mbl wa entitle bonus too and the exercise reduce to 0.40 cents 11/07/2020 12:33 PM Justin328 sure bo? this biostar like talk long long time ago, but till now still yet to have any news...... 17/07/2020 4:02 PM Justin328 Mean approved? MBL wishes to announce that Bursa Securities had vide its letter dated 15 July 2020, resolved to approve the following: 17/07/2020 6:32 PM bct2619 I still can nt find d official annnocement on d approved bonus issue with full details.., like whn is d Ex date 22/07/2020 5:40 PM Justin328 Bursa site is approve bonus issue, mbl need to do something first then only will announce 22/07/2020 11:27 PM Justin328 147126980-110843500=36283480 38017280-36283480=1733800 convert to mother already 27/07/2020 9:34 PM  | |
