So many people talk and analyst, just buy at less than 20s la. A tycoon from HK bought 1.032b shares at 20s for debt settlement of RM 206.5m, Reach reduces its debt . Futhermore , this tycoon is helping to get fund of USD 5m for Reach to do more drilling.
A rich tycoon is paying RM 0.20 per share of the enlarged Reach shares of 2.13b. There is a loan facility of RM 22.01m as working capital mainly for EP to increase production. Also a proposed exemption that SRL have NO intention of takeover REB