Lee Chee Leong

662522942 | Joined since 2014-03-25

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2014-03-26 18:08 | Report Abuse

No. It means the transaction involved exceed 25% of the total assets of the group

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2014-03-25 22:45 | Report Abuse

GPacket is in bad shape now. No cash flow & now rushing to close deal with TM. Hope CC Puan can demand the best deal

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2014-03-25 17:47 | Report Abuse

Warrant is a very risky instrument. It goes both ways. If mother share goes up, warrant should follow and vice versa but still have to look at warrant exercise price & expiry date.

For GP, exercise price is 0.95 & will expire Sep 2014 too. Now mother price only 0.465. If TM really merges with p1 but only offer lower than 0.95, warrant will be worthless.