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2 comment(s). Last comment by sense maker 2015-03-27 17:32
Posted by sense maker > 2015-03-27 17:32 | Report Abuse
This proceeds was received into Scientex group when the subsidiary issued new ordinary shares that Scientex holding company (ultimate or intermediate) did not subscribe. The money was pumped in by minority shareholders in that subsidiary.
No result.
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Koon Yew Yin's Blog
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THE INVESTMENT APPROACH OF CALVIN TAN
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
peterwkc
188 posts
Posted by peterwkc > 2015-03-27 17:20 | Report Abuse
Mr Tan, What is the meaning of Proceeds arising from dilution of interest in an existing subsidiary?