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China's Tianjin Zhiyuan to inject RM1.8b into Perwaja

KUALA LUMPUR: China’s Tianjin Zhiyuan Investment Group Ltd will inject about RM1.8bil into the loss-making Perwaja Holdings Bhd under a corporate exercise which will see it emerging as a major shareholder.

Perwaja and its unit Perwaja Steel Sdn Bhd (PSSB) had on Wednesday signed a conditional master framework agreement with Zhiyuan’s unit Zhiyuan International Investment & Holding Group (Hong Kong) Co., Limited.

The agreement was to formalise the parties’ intention and understanding in relation to the proposed regularisation of the Perwaja Group.

Under the corporate exercise, Zhiyuan will subscribe for Perwaja’s entire proposed special issue amounting to RM1.80bil, and provide irrevocable written undertaking to Perwaja to subscribe for its entitlement of up to RM100mi under the proposed rights

Zhiyuan will own more than a 33% stake in Perwaja initially and increase to 64% upon completion of the exercise.

The current shareholders of Perwaja, Kinsteel Bhd and Maju Holdings Sdn Bhd will see their collective shareholding reduced to 25% from the 64% now.

It will push up !!! sit tight !!!

Guys/gals, this stock will push by banker till 0.950, I suggest we can start to offload at $0.900, very reliable information !!!

it broken 0.250, further downside is on 0.235

0.700 is good support !!! can start to collect as CI turn green , this stock is the 1st to fly

time to get in frontkn... now at the time to buy at 0.245/0.250.

Josh, what do you think this stock ? can go up to what prices ?

hahaha Speculator you are here !!! I am happy to see you here...this stock going to move soon . Yahooooooo......

short the bloody Frontkn

will drop to 0.255/0.250.... just watch the show

it is not ready and something is brewing ... should take off on next week ?

Nice call mwong 3!!! kudos ... I am in your group ...nice call !!!

Accumulation started on today... pretty much will move within a week or two... I personally bought in this stock as last meeting to observed this ....

Seem like the buying Q and volume slowly build up... let wait for thing is brew up

Wow !!! Syndicate really Good .. CI rebound today

That is strong evident show that is reverse Take over on this stock...plus rumors

saudee it looking good as it was show clear support at 0.490 and should steady going up

Speculator 101, good call on DUFU 2x, I will buy this two stock ( Jobstreet and Censoft)

MY TARGET hit BIOHLDG... nice one it should continue up up and up.. by the way syndicate club will push censoft up in near soon, I am follow his call 3 time all making profit with in 3-7 days. just sharing and thanks
http://klse.i3investor.com/blogs/SyndicateClub/73405.jsp

MY TARGET hit IFCA... nice one.. by the way syndicate club will push censoft up in near soon, I am follow his call 3 time all making profit with in 3-7 days. just sharing and thanks
http://klse.i3investor.com/blogs/SyndicateClub/73405.jsp

MY TARGET hit FRONTKEN... nice one.. by the way syndicate club will push censoft up in near soon, I am follow his call 3 time all making profit with in 3-7 days. just sharing and thanks
http://klse.i3investor.com/blogs/SyndicateClub/73405.jsp

Speculator .. I know this company is good earning with NTA 1.26, also PE ration is about less than 10. it is possible ppls may look in to it as the floating share is less, let see how it work

the TA done by Mwong3 is pretty good
http://klse.i3investor.com/blogs/KLSETA/74856.jsp

P. Pracement is another way of accumulation by "syndicate" , Big move is coming and take my word, if not come truth I will get loss in I3

Rob... VSA is real powerfull... I wish to learn too

yah,, nice one,,

I will buy also dufu
nice ...

is nice conuter.. but I guess Mieco is not bad... I follow this guy trade also make some profit http://klse.i3investor.com/blogs/SyndicateClub/74211.jsp

is nice conuter.. but I guess Mieco is not bad... I follow this guy trade also make some profit http://klse.i3investor.com/blogs/SyndicateClub/74211.jsp

ingengo is nice conuter.. but I guess Mieco is not bad... I follow this guy trade also make some profit http://klse.i3investor.com/blogs/SyndicateClub/74211.jsp

Priva .. nice ... I am making some profit on it... I suggest can looking in to this stock also. any one can advise is good to go in ?
http://klse.i3investor.com/blogs/KLSETA/73685.jsp

I just sold heaven... any news stock can recommend ???

Dear all.. mwong3 just release his blog and stock pick on today . can take a look
http://klse.i3investor.com/blogs/KLSETA/73685.jsp

itu dia... http://klse.i3investor.com/blogs/KLSETA/73685.jsp
I strongly believe it will go up

it is very bullish and it is being accumulating up ~!!! show time is coming

Matrix cool buy call.. the most high probability I see... it is a go for the stock...

susah sikit 0.365... rasa tak boleh dapat !!! 0.375 lah munkin...saya q dekat situ

ini dufu memang cantik !!! fry taufu...kita eat fry taufu... sudah wangi loh

RHB call for buy on DUFU...seem like is coming real

nice call and 1st TP hit today !!! huray !!! 0.330...

itu dia... I hear the director wanted to fry it kau kau

speculator stock pick on yesterday is DUFU
..today shot up 6%.. Icon8888 can parner with him to look for better stock pick !!!

one owner had >71% stock... big time frying is coming ???

nice... Dufu shoot up today !!!

Thank speculator for esceram. I bought it when you ask to buy at 0.280... I make profit of 0.320.. ini DUFU I sure will follow

I follow his buy call...last week recommend ESCERAM, fly on the next day. this week he recommend DUFU... I think should be good also

http://klse.i3investor.com/blogs/SyndicateClub/73573.jsp

http://klse.i3investor.com/blogs/SyndicateClub/73574.jsp