This is a typical instrument played by directors themselves (they controlled >52% shares). in order to maintain hugh discount to entice buyers to exercise and subscribe for mother share. RM0.50 x 40 millions is big money for this tiny company

Now so little discount ........

Someone trying to rub salt on your wound...

IBs are legalised scammers and robbers.They are the biggest CROOKS on earth..Where their exorbitant profits comes from ? ,...eg. 1MDB who are involved ?

Better to check with Andy Hall than MIDF....

super deep discount!!!

NEW NORMAL..
Share prices can be your money...Co profits may not be your money....

Wow !! 50sen coming!!

The past 3 years had shown that without UMNO firmly in control, there would NOT be stability. Without stability, better look for other markets..

Without strong religious conviction, GREED AND GAMBLING takes over to destroy loving families and valuable lives..
BANNING GAMBLING IS NOT WRONG

I wonder this guy does the same spamming in his church ????

MKH,though not pure OP has sizeable area of prime op in E Kalimantan with high margin....Potential ???

Hmmm ..goreng up for PP and warrant issue

WOW !! SERIOUS TECHNICAL PROBLEM IN MIB ORDER SITE, ALREADY SUSPENDED SINCE MARKET OPENING !!!

WOW MIB order site Suspended for more than 1 hr now !!! SERIOUS PROBLEM

FOX IN GOAT'S SKIN...always wearing a sinister smile

Just see the additional shares listed thro WB conversion, surely many who buy cheap WB for conversion to take profits. How to go up ?

CROCODILES ARE NOW SWIMMING ALONG WITH SHARKS...NEWBIES BETTER BEWARE OF THEIR CALLS

Beli 1.60...sikalang 0.55...mana boleh lali ???

KYY had sapu >30% JAKSAI sometime ago, much more than THE CEO holding, In the end what happened ?

How much they can make from 3.5 million doses ?? Share prices had shot up 7 times (700%). Obviously the right path now is downwards when order confirmed

THE REAL JINX..

Big mountain at 0.58 on the way..

Haha, this is the man of NINE-LIFE..Let's wait and see..

Obviously, there is a reason why the operators likely to keep the son's price low against its mother price if you read the paragraph extracted from Felicia article below:

reason no 2.

DNEX still needs cash although they have raised some substantial private placement funds (don't know to who) at very cheap price of 30 sen and below.

DNEX WD's exercise price is at 50 sen and for warrant holders to exercise, it needs to be substantially above 50 sen. I would not exercise if the price is trading at 52 sen, if you know what I mean. Why take the risk.

BTW, the maturity date for the DNEX WD is 30 Jul 2021. Few months to go.

Dont forget the 6000ha coconut plantation, huge profit otw....CoOil being a health oil and culinary oil is high in demand, one of the major income earner for the Phillipines

There are many so called top sifus are caught in this game, let's see how these chameleon reacts....exciting show time ahead....

D.D.DREAM ON....Sweet sweeeet dreeam..............

Where is the premium for this 3 year life span warrants then...0%, 10% or 30%

Jack Khan, for the sake of the country and its future generation, hopefully, the Malaysian electorate knows how to bury them come GE15...

I thought Uncle was advised by a super PROMINENT remisier analyst who practiced TA first FA second...what happened?????????????

Good morning Ally, kindly add me to your group.. Thanks

Looks like they are pushing up the price to prepare for the price and date announcement..likely around a week or two

Warrant entitlement AFTER BONUS ISSUE...entitlement price and entitlement date NOT ANNOUNCED YET..

Hi guys, 70% of PATAMI for 2021 is how much ?

Bonus Issue

Amended Announcements
Please refer to the earlier announcement reference number: ENT-15122020-00010
SARAWAK CONSOLIDATED INDUSTRIES BERHAD

Entitlement subject Bonus Issue
Entitlement description

Bonus issue of up to 367,897,500 new ordinary shares in Sarawak Consolidated Industries Berhad ("SCIB") ("SCIB Share(s)") ("Bonus Share(s)") on the basis of 3 Bonus Shares for every 1 existing SCIB Share

Shareholder's Approval Yes
Ex-Date 30 Dec 2020
Entitlement date 31 Dec 2020
Entitlement time 5:00 PM
Financial Year End 31 Dec 2020
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement
Securities Crediting Date
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 31 Dec 2020
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Entitlement indicator Ratio
Par Value (if applicable)

Securities Entitlement
Company Name

SARAWAK CONSOLIDATED INDUSTRIES BERHAD

Entitlement

Ordinary Shares

Ratio (New : Existing) 3.0000 : 1.0000
Available/Listing Date 04 Jan 2021
Fractional Entitlement

Registrar or Service Provider name, address, telephone no BOARDROOM SHARE REGISTRARS SDN BHD
11th Floor, Menara Symphony
No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat)
Seksyen 13
46200 Petaling Jaya
Selangor
Malaysia
Tel:0378904700
Fax:0378904670


Remarks :

The date of the listing and quotation for the Bonus Shares shall be on 4 January 2021, being the next market day immediately after the Entitlement Date.

The notices of allotment will be issued and dispatched to all the entitled shareholders of SCIB within 4 market days after the date of the listing and quotation for the Bonus Shares on the Main Market of Bursa Malaysia Securities Berhad. Entitled shareholders are not required to take any action.

This announcement is dated 15 December 2020.

Hi guys, when would be the Bonus issue completed ?

Share market is a zero sum game casino..between retailers and fund managers esp IBs..IBs' profit has to come from retailer's pocket..Haha

Already priced in laa

CALM BEFORE THE STORM

Those who held to go thro the bonus issue as advised by one of the great sifu Mr O, for a TP of RM50(cum Bonus) and much more are stuck and faced with cold winter in HOLAN, at least for the now..........

I sincerely hope the promoters won't stop promoting because I just got in at .92 after getting in and out several times since the start of big promotion two weeks ago.

So far i3 is the best platform for PUMP & DUMP promotion..very interesting for the nimbles

Real conman job, very well coordinated play to round up bilis bilis..

If the company so good, why it warrant WE with a premium of 25-30 sen range? .....WHAT'S WRONG WITH THIS RANGE as long as the premium is reasonable eg13% for a lifespan of 3 yrs. The range only shows volitility typical of goreng pisang laa...I'm sure no one prepared to keep for long term, only punting

Haha....Icon also jumped in here...Welcome, the more the merrier!!

UMA liao.

Save for few counters with high integrity and transparent management, most other counters, you can't rely on FA esp. self-professed FA. For most retailers, they are not long-term investors, so just stick to a reliable and simple TECHINAL analysis. Why the fuss??

Supermax with RM1.0 Billion confirmed rolling also does not interest the market.....what else ????

The plan is to buy high to sell higher, not buy low to sell lower..