KUALA LUMPUR (July 17):Medical accessories manufacturer LKL International Bhd plans to raise up to RM45.45 million via a private placement to fund its capital expenditure (capex) and expansion.

In a bourse filing, the group announced that it would be placing out up to 85.76 million shares or 20% of its share capital to third party investors to be identified.

The expected proceeds to be raised is based on an indicative issue price of 53 sen per share. The actual issue price of the placement shares will be determined later.

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In a breakdown of the proceeds, LKL said RM26.5 million will be used for its capex and expansion — including buying two new factory buildings and expanding its current one — while RM6 million will be used for future investments in projects.

Then RM5.59 million will be used to repay bank borrowings, while RM6.36 million will be used for working capital, and RM1 million to defray estimated costs of the placement.

At the same time, the group announced that it would implement an employee share option scheme (ESOS) for its employees amounting to no more than 15% of its share capital.

Following the private placement and ESOS, it said its share capital will increase to 591.74 million shares, from 428.80 million shares previously.

The proposals will be put up for shareholders approval at an upcoming extraordinary general meeting.

No one introduce ifCA to me

A profit is always good no matter
how small

Always buy within your means and
keep till shares move up.

Everybody sound so warm hearted esp
3iii. You must have made good money.
So much writings for months that hurt
our ears.

The bible says when you are born
Evil there is no cure

Demusaking main buyuk

Mikecyc sitting on eggs to warm up
for hatching

The grass on your side is always
greener.

Senze you have to look at your
pocket change ..no néed to worry
about the rest of the world.

For the rich and famous small issue.
For the peasants better to enjoy my
wanton soup

So for every 100,000 shares you have
to add another1,000 to buy RI

To come this far is no sochais

The 3 stooges counting the eggs
and as we speak mikecyc is sitting on
them to hatch

What I can see is Next was taken for
granted. Sometime in march and April
this year neTX bought over hundreds
of millions of mlab at peak 7cents.

NoNE other counter is experiencing
this.


polycarp
1377 posts
Posted by polycarp > Jul 17, 2020 12:31 AM | Report Abuse

Like a nagging wife wouldn't you set
yr house on fire

Zzzzzzxxxxxxxx

I am referring to you 3iii

You say it once twice and 24/7 as we
speak

You are not doing any good for Netx

If you are not happy with him than
do yr own investing. Calvin is always
hopeful on a share he likes. What is
wrong with that.

He has so much patience why
not appreciate his time and effort

Mikecyc you follow Calvin to all
his promotion counters and nag.
He is providing information. I
don't have to buy what he promotes
but you have to stop

This happens all the time

Proverbs 21:19
“It is better to dwell in the wilderness, than with a contentious and an angry woman.”

King James Version (KJV)

Like a nagging wife wouldn't you set
yr house on fire

NoNE other counter is experiencing
this.

3iii you are the only thing in this forum
to drive NeTX crazy

Stockraider how much the neTX
shares selling after consolidation?

Don't eat too much crabs. You see
you behind crab tail has grown

faichai itu shark nampak amoi pun
mau goreng. Mana ada masa tengok Net X.
faichai monie's is my weakness yess? ?

Shootup prince4 and to all concern
If you see a ghost catch it and if you
don't take a slipper and slap yr face

freddy I almost forgot to say hi!
Long time no see

Paktua sudah pergi lahhh. Semalam sudah cukup makan.
Zzzzzzzxxx...

Only repectful to ask about him.
Why need you to response for him.
He is not yr kid

Mikecyc conspiring theory which will
make yrself poorer

Netx.performance in Bursa very
poor.

And if you ask me who am I?
I am God's child

You have to make yr own decision.
Be on the driver seat or else life will
be your driver

Success comes with a price.
Many ppl will dislike it

"BUY Low SELL HIGH" sounds
simple but difficult to do.
Your plan and with God's grace
you will succeed

Actually in Sumatec I made a mistake.
I made 2 mistakes. I bot at 9 cents
but did not buy at low low. I kept asking
others shall i or not. Who is going to
tell you to buy dirt cheap. Then it swing
to 045 even in the last days of pn17.

A plan that signifies:
"BUY Low SELL HIGH" equal
SUCCESS

Netx looks far yet so close!

Mikecyc haha polycarp play naive in Sumatec with TDM crabs.
Zźzzzzzz

Mikecyc you are the crabs.
Mikecyc only sand flowing out yr mouth

Mikecyc is a no man. And I am a yes
man!!

After the bang don't have to buy ya

They say don't buy O&G when oil went
down to zero then bang!!
Then pedana 10 up to 20
Armada 11 up 23
Dayang 70 up 1.30
Hibiscus 34 up 62

Ppl should not listen to others.
Like trive and lamb we missed out.
Well don't miss out on Netx. Just
buy some today. Some gain is
always nice

Mikecyc spamming more than
20 times is a waste of yr time.

At 015 is a very good price
Buy some and see what happens
Calvin good calling always!

If you pick your wife blindly folded
sure will turn out to be a blissful
marriage. No choice is a good one.
You tend to accept and show gratitude.
Can't say it's my fault and beat yrself
up

What you see coming is not what you
going to get. These shares best play
blind folded. More fun too besides
chance of winning is higher

Sometimes it is better to know less is
more

Netx at 01 is very KO.
It does not want yr attention