Leeruzi , additional info

6/7/2020 3pm :
Additional Listing Announcement /Subdivision of Shares
ASIA POLY HOLDINGS BERHAD
1. Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares
No. of shares issued under this corporate proposal 8,450,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1000
Par Value($$) (if applicable) Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units 506,233,550
Issued Share Capital ($$) Malaysian Ringgit (MYR) 66,073,860.910
Listing Date 07 Jul 2020
Remarks :
The latest issue share capital of RM66,073,860.910 of the Company is represented by a total of 506,233,550
ordinary shares and 159,384,153 Irredeemable Convertible Preference Shares ("ICPS").
A total of 8,450,000 ordinary shares in the capital of the Company was issued pursuant to the conversion 8,450,000 ICPS to 8,450,000 ordinary shares by way of conversion of 1 ICPS together with cash payment of RM0.05 in exchange of one (1) new ordinary share.
Announcement Info
Company Name ASIA POLY HOLDINGS BERHAD
Stock Name ASIAPLY
Date Announced 06 Jul 2020
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-01072020-00014

You too Aaron , to TP 0.5 ahead .

Kan . I also got so many counters losing money , I am not an angel to tell others to sell but at least I don’t tell them to buy . Here , they ask to sell in public group and buy in private group . Their anak anak no need to eat kah , only your anak need to eat , play , wahhh ..
Newbies please read this and make an informed choice .
Do not put your trust in telegram groups or what anyone says .

https://www.google.com.my/amp/s/www.wsj.com/amp/articles/plexiglass-to-the-rescue-supplies-run-short-as-covid-barriers-go-up-11592918743



https://www.bloomberg.com/news/articles/2020-06-17/coronavirus-pandemic-plexiglass-sees-demand-boom-during-outbreak

All the gurus asking their murid to sell so they can stock up themselves , so busuk hati .
Non maleficience : if you can’t do any good , do no harm

Plexiglass is totally sold out in Europe , Canada .
This is a golden post - intra covid stock .
China allegedly pelted and killed Indian soldiers with stones , so there goes India China trade in the short term
UK is unhappy with China and vice versa due to HK PR .
US is unhappy with the suspicion China tried to cover up the Covid spread .

So , where do you think all the trade for plexi will re route to ?

Those who bought for 0.4 try to average down ( buy more now at 0.27) and then keep till July SBB date or beyond . Good luck . Don’t panic and follow sell call by chart peddlers