Whos buying at 5.5c for 13m share? I dont understand...the offer just was 5c

Goreng?

Ok lets go in

so end of karamhunai ...

6c wa jump

We refer to the UMA Query by Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 2 June 2016 in relation to the sharp rise in price and high volume of the Company’s shares today and our replies below after making due enquiry with the Company’s directors and major shareholders as well as such other relevant persons seeking the cause of the UMA:-



1. whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision



There are presently no corporate development relating to MLABS and its subsidiaries’ (“MLABS Group”) business and affairs that has not been previously announced that may account for the UMA other than the Company’s ongoing discussions with Bage Holdings Limited (“BAGE Holdings” or the “Vendor”) since the first quarter of 2016 for the proposed acquisition of the entire issued and paid-up share capital of BAGE (China) Co., Limited (“BAGE HK”) (“Proposed Acquisition”).



BAGE HK was incorporated in Hong Kong under the Hong Kong Companies Ordinance (Cap. 32) on 1 September 2006 as a private company with liabilities under its present name.



The entire issued and paid-up share capital of BAGE HK of HK$160,000 comprising 160,000 ordinary shares of HK$1.00 each. BAGE HK is wholly-owned by BAGE Holdings.



BAGE HK’s principal activity is investment holding. Through its sole operating subsidiary, QuanZhou Bage Sports and Leisure Goods Co., Limited (“QuanZhou BAGE”), BAGE HK is principally involved in the design, marketing, brand management, distribution and/or manufacturing of footwear, as well as the marketing, brand management, distribution and/or design of apparels and accessories, under its own proprietary brand name of “BAGE”. QuanZhou BAGE is also an original equipment manufacturer of local and international footwear brands.



At this juncture, the terms of the Proposed Acquisition has not been finalised. Upon finalisation of such terms, the Company intends to enter into a Heads of Agreement for the Proposed Acquisition within two (2) weeks from the date of this announcement. The Company will make the necessary announcements in accordance with the provisions of the ACE Market Listing Requirements.





2. whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Rules 9.09 and 9.10 of the LR;



The Company is not aware of any rumour or report concerning the business and affairs of the MLABS Group that may account for the trading activity.





3. whether you are aware of any other possible explanation to account for the trading activity; and



The Company is unaware of any other possible explanation to account for the trading activity.





4. whether you are in compliance with the LR, in particular Rule 9.03 of the LR on immediate disclosure obligations.



The Company is in compliance with the ACE Market Listing Requirements.





This announcement is dated 2 June 2016.

why kite flying?

70m share trade n 40m share trade at 6c-8c ....

OR LIMIT UP TOMOROW ?:))

kikiki

1 DAY PLAY...LEFT TO RIGHT HAND

UMA BUT STILL CAN TRADE?

how do u see investhor?

UMA?

hmmmm

end of game

disposed? i tought game just started...

wa vol 5x than mother..another mexter

moving upward?

maxter n mlab same geng?

27m share trade as now...

any tp for wa mamajeru?

still sapu not to sell

JULY 6

goreng2 2nd mexter

bad counter but must goreng soon

report out?

11 june ..x date 10

HOW SOON? PAPERPLANE KNOW SOMETHING

WHATS GO UP MUST GO DOWN...THERE ARE MANY OTHER KOLAM YOU CAN PUT YOUR MANY...DONT CHASE AT HIGH, UNLESS U KNOW SOMETING.

IF NO SELLER AT 5C THE MGO COULD NOT BE DONE. AM I RIGHT? UNLESS HE MAKE NEW OFFER

COULD BE HIGH THAN THAT

n respect of the valid acceptances received from the accepting holders for the Offer thus far, the Board wishes to announce that KCB has today received a press notice from RHBIB, on behalf of the Offeror, informing that the percentage of public shareholding spread of the Company as at 25 May 2016 is 23.85%. Consequently KCB is deemed not in compliance with the public shareholding spread requirement under Paragraph 8.02(1) of the Listing Requirements which stipulates that a listed issuer must ensure at least 25% of the total listed shares (excluding treasury shares, if any) are in the hands of public shareholders.

ARE THEY BUYING TO MAKE IT 25% OF HOLDING?

In addition, the Board wishes to announce that KCB has today received a press notice from RHBIB, on behalf of the Offeror, informing that the Offeror does not intend to revise the offer price of RM0.05 per Offer Share and RM0.02 per Offer Warrant in relation to the Offer. Please refer to the attached press notice for further details.

Y VOL COMING?

so cut lost?

someone ask me to buy rgb since it was 18c before..any tp for rgb pppl?

what tactic?

CONGRAT PAPERPLAIN

can get 10c?

death meet

uma?

buy or sell?

NEXT 3 YEARS>?

SCHOOL BREAK

why price drop?

going death

FINISH...SELL ALL URS

tp?