3 people like this.

16 comment(s). Last comment by Ivan Lim 2016-05-21 00:07

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-02-19 18:40 | Report Abuse

谢谢 kw Tan 无私 分享,候年运到 。

Tom

2,984 posts

Posted by Tom > 2016-02-19 20:53 | Report Abuse

先放进watchlist

CFTrader

812 posts

Posted by CFTrader > 2016-02-19 23:40 | Report Abuse

surprisingly they doesn't use the money to pay debt.
That's some rare case in penny stocks ...

Posted by dragonofdark > 2016-02-20 01:47 | Report Abuse

Sanichi dont have much debt, just worry they pay to their own pocket! haha

caven

61 posts

Posted by caven > 2016-02-20 10:11 | Report Abuse

"The Proposed Par Value Reduction will give rise to a total credit of up to RM85,837,742,
which would be utilised to set-off against the accumulated losses of the Company "

how they convert loss to gain by just par value reduction ?

Posted by THOR2237 > 2016-02-20 14:23 | Report Abuse

I was panic after reading the announcement on Friday morning and sold all my Sanichi shares immediately.I think many people were doing the same.Hours later were informed by friends that effectively there was no change in the value of the Company.Thanks KW Tan for giving such a clear and detail explanation .Should propose to SC that in future must make it compulsory for Company which makes such announcement to attach together a copy of explanation on what will be the effect of the proposal on resultant share value.Many of us are not professional.We were victim of such announcement. :-[

djibaok

1,181 posts

Posted by djibaok > 2016-02-20 14:57 | Report Abuse

This is just a theory. MARA will win in the end.

thomaslim

44 posts

Posted by thomaslim > 2016-02-20 21:52 | Report Abuse

Is this company trigger the Company Act 1965? Twice Rights Issues just within 16 months, why no one can stop them to do so mei. .? What SC is doing for let them to "Eattt" the investors just such a easy. This is not no fair, must firm up a committees to argue with the management in the EGM.

thomaslim

44 posts

Posted by thomaslim > 2016-02-20 21:56 | Report Abuse

Corporate alls small investors...! Why become a fish meet for them to eat?

thomaslim

44 posts

Posted by thomaslim > 2016-02-20 22:00 | Report Abuse

Just do something rather then just like a fish meet......."

thomaslim

44 posts

Posted by thomaslim > 2016-02-20 22:31 | Report Abuse

We are idiots....cause by so many media was released "Good News" "JV" "Merinda Point" "Good Future company" Germany order $MMM was come in, and now get cheated by Dato-dato & Tanseri, & Mara.

thomaslim

44 posts

Posted by thomaslim > 2016-02-20 22:49 | Report Abuse

"Lost" we paid, when "Earn" we also need to paid...nowander so many "IS" around the world....ha

thomaslim

44 posts

Posted by thomaslim > 2016-02-24 12:20 | Report Abuse

31Jan 2013 Rights Issues, 15 Aug 2014 Rights Issues, 18 Feb 2016 Rights issues......wB, wC, wD, than 2017 wE.

thomaslim

44 posts

Posted by thomaslim > 2016-02-24 12:21 | Report Abuse

Get ready your money for wE. Because with the valid reason on the proposal SC will approve. "SEE WHO DIE"

Ivan Lim

76 posts

Posted by Ivan Lim > 2016-05-21 00:07 | Report Abuse

the post statement was wrong,warrant b and warrant c had revise exercise price

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