http://www.bursamalaysia.com/market/listed-companies/company-announcements/5513577

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
Details of corporate proposal PROPOSED PRIVATE PLACEMENT OF UP TO 144,384,429 NEW ORDINARY SHARES IN HIBISCUS PETROLEUM BERHAD REPRESENTING UP TO TEN PERCENT (10%) OF THE EXISTING ISSUED ORDINARY SHARE CAPITAL OF HIBISCUS PETROLEUM BERHAD ("PROPOSED PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal 62,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.3850
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following

Units 1,505,844,291
Issued Share Capital ($$) Malaysian Ringgit (MYR) 38,308,442.910
Listing Date 15 Aug 2017

Crumbling Alliances – has China pulled out?
There is more dangerous news rumbling that signals the collapse of yet another pillar of Najib’s escape plan built up together with Jho Low over the past critical months. Sarawak Report has heard that China’s President has pulled out of the earlier agreement to visit Malaysia in September, planned by Najib to pave the way for an October election.

If so, it would appear that the Malaysian PM and his wide-boy fixer have just become too much a liability, damaged goods and on the wrong side of an election in a country that looks set to turf them out!

There is another deal that has turned out not to be so much of a deal after all, insiders have also revealed to Sarawak Report. The Geely bid for Proton appears to have spluttered to a halt, certainly progress is down to one cylinder – no one from the Chinese company has been seen around for a considerable time.

Has Najib decided that if he is to suffer for his sins he will at least make sure that his country suffers worse?

@Sharemaker even this 3 is jv , how about the rest of the fortune 500 company that join the bid? Bid for fun ?

And there is 9 firm bidding it now . 7 chinese 2 japanese .

How can it limit up when there is no news regarding iwcity?

@JadeSchira why are u in everywhere promoting dataprp

do you guys knows who is behind wanda? https://program-think.blogspot.com/2015/05/Wanda-and-Princelings.html

Sharemaker busy collecting

Sell now 1.3 and buy back at 0.65 will have double amount of the share

Sharemaker collecting more at 1.32?

Sharemakers too stress out?