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2014-09-04 18:28 | Report Abuse
I have match REACH at 0.65 and REACH-wa at 0.22 too ^_^
2014-09-04 09:58 | Report Abuse
I'm still beginner at share :D While more ppl talk bad thing abt REACH . I will just keep on buying and accumulate ^_^
2014-08-27 16:40 | Report Abuse
match REACH at 0.665 ^_^ average around 0.679 ... Wonder how low will REACH go?
2014-08-21 12:57 | Report Abuse
match at 0.675 ... average at 0.682 now ^_^
2014-08-18 16:44 | Report Abuse
I wish I can accumulate more REACH if it is really drop further. I will slowly accumulate as long as REACH is below 0.70 ^_^
2014-08-17 21:43 | Report Abuse
https://uk.finance.yahoo.com/news/malaysias...-013836862.html
Malaysia's Securities Commission said in December that SPAC funds from an IPO must not be used to pay remuneration for the management team until an asset acquisition is completed. The company's management also cannot sell their shares in the SPAC until assets are generating income.
The firm's management, whose experience and track record must fall in line with the SPAC's objectives, must hold at least a 10 percent stake to ensure a "meaningful financial participation".
Reach Energy is led by Managing Director and Chief Executive Officer Shahul Hamid, who has had senior roles at Esso, Shell and Petroleum Development Oman (PDO). Other top officials include former staff from Petronas, Schlumberger and Sime Darby.
According to Reach Energy's IPO prospectus, Malaysia's pilgrimage fund Lembaga Tabung Haji, CIMB-Principal Asset Management Bhd, and Hong Leong Asset Management are among the cornerstone investors in the sharia-compliant company.
"This is seen as the safest SPAC to date, because it is the first one to genuinely attract institutional attention here," said a banker who was involved in the Reach Energy IPO.
2014-08-15 18:00 | Report Abuse
https://uk.finance.yahoo.com/news/malaysias...-013836862.html
Malaysia's Securities Commission said in December that SPAC funds from an IPO must not be used to pay remuneration for the management team until an asset acquisition is completed. The company's management also cannot sell their shares in the SPAC until assets are generating income.
The firm's management, whose experience and track record must fall in line with the SPAC's objectives, must hold at least a 10 percent stake to ensure a "meaningful financial participation".
Reach Energy is led by Managing Director and Chief Executive Officer Shahul Hamid, who has had senior roles at Esso, Shell and Petroleum Development Oman (PDO). Other top officials include former staff from Petronas, Schlumberger and Sime Darby.
According to Reach Energy's IPO prospectus, Malaysia's pilgrimage fund Lembaga Tabung Haji, CIMB-Principal Asset Management Bhd, and Hong Leong Asset Management are among the cornerstone investors in the sharia-compliant company.
"This is seen as the safest SPAC to date, because it is the first one to genuinely attract institutional attention here," said a banker who was involved in the Reach Energy IPO.
2014-08-15 15:34 | Report Abuse
Thanks, bolt. I don't buy a lot REACH & REACH-wa. I just slowly buy it. I got allocated 9k share during IPO. Thus plan to accumulated more if drop.
2014-08-15 15:10 | Report Abuse
I plan to hold it till they purchase sth. What do you think? Hopefully REACH can be second HIBISCUS?!
2014-08-15 15:06 | Report Abuse
Buy REACH at 0.695 & REACH-wa at 0.22 . WIsh me luck ^_^
2014-08-15 10:07 | Report Abuse
Can I know how to convert the REACH-wa to REACH later? Is it we can do the conversion anytime? Provided REACH is above 0.75 sen?
2014-08-15 09:42 | Report Abuse
I buy warrant at 0.22, 200 lot . Wish me luck :D
2014-08-15 09:09 | Report Abuse
any advice how to trade REACH & REACH-wa?
2014-08-14 17:55 | Report Abuse
Thanks, speakup. I got your point. Many thanks :)
2014-08-14 17:46 | Report Abuse
Thanks, DRwarrant for advice. 500% if awesome. Still wonder mother share or warrant is more worth to buy. Budget limited :(
2014-08-14 17:29 | Report Abuse
I have no idea about REACH spac . First time with SPAC share . Just ask for advice before I start trade . Any entry price for REACH then, speakup
?
2014-08-14 17:23 | Report Abuse
thanks ... DRwarrant ... if wanna play safe, we should buy REACH below 0.715?
2014-08-14 17:16 | Report Abuse
what is the listing price of REACH and REACH-wa?
Stock: [REACH]: REACH ENERGY BHD
2014-09-06 07:37 | Report Abuse
Everybody scare means is time to accumulate more REACH ^_^