Posted by Flintstones > 2016-12-30 08:38 | Report Abuse

Useless article. All story telling. No facts. Lacks substance.

Posted by derrick8228 > 2017-03-04 17:01 | Report Abuse

KUALA LUMPUR: Bioalpha Holdings Bhd’s proposed rights issue of 133.33 million shares, with free warrants attached, was oversubscribed by 22.1%.

In a statement, the ACE Market-listed health supplement company said it would raise gross proceeds of about RM26.7mil.

Managing director William Hon said the proceeds would allow Bioalpha to grow and enhance its presence in Malaysia, Indonesia and China.

“Most of the proceeds will be used to increase our product offerings and we are optimistic that this will serve as a catalyst to further strengthen our growth and contribute significantly to our profitability in the next 18 months,” he said.

Bioalpha said about half of the proceeds would be utilised to launch 27 new products in Malaysia, Indonesia and China in the next 18 months.

“RM8.5mil will be used to expand our agriculture business operations while the rest will be for capital expenditure, working capital and expenses relating to the proposed rights issue.

“The targeted completion date for the proposed exercise is Jan 10, 2017” it added. - Bernama

Posted by derrick8228 > 2017-03-04 17:01 | Report Abuse

Changes in Director's Interest (S135)

BIOALPHA HOLDINGS BERHAD

Information Compiled By KLSE

Particulars of Director

Name MR HON TIAN KOK @ WILLIAM
Descriptions(Class & nominal value) Ordinary Shares of RM0.05 each
Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted ($$)
Disposed
31/01/2017
9,000,000
0.220

Circumstances by reason of which change has occurred Disposal of Shares via open market transaction
Nature of interest Direct
Consideration (if any)
Total no of securities after change

Direct (units) 123,616,807
Direct (%) 15.450
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 31/01/2017


Announcement Info

Company Name BIOALPHA HOLDINGS BERHAD
Stock Name BIOHLDG
Date Announced 31 Jan 2017
Category Changes in Director's Interest Pursuant to Section 135
Reference Number CS4-31012017-00010