Reference is made to PUC’s announcement dated 27 December 2017, 9 February 2018 and 23 February 2018, in relation to the Proposed Acquisition.
PUC has been notified by PWHSB that Pictureworks (Shanghai) Limited (“PWSH”) (a subsidiary of PWHSB) has on 7 March 2018, formalised a 3-year exclusive partnership with Shimao Group Themepark Company, which will begin in September 2018 ties in with the soft-opening of the “Hello Kitty Shanghai Times” indoor theme park, where PWSH will deliver full-fledged imaging services and customised photo merchandise for the park.
Save and except for the abovementioned additional information, all other terms and conditions for the Proposed Acquisition as announced on 27 December 2017 remains unchanged.
A copy of the Press Release dated 7 March 2018 by PWSH (a subsidiary of PWHSB) is attached.
Bursa announced PUC news, yesterday Nanyang, today Sin Chiew about the PW acquisition. News like price will go to North, but actual share price go to South.
The share price has been marked up due to speculation of PW acquisition. Now we should wait for the bursa approval.
Don't you even feel that this blog has no longer been active since the share price tumbled from 0.36 to current 0.22? Personally feel that the big sharks have collected plenty of stocks. Kicked you all out of the game. (Why do I say so? So far I only heard a long of ppls saying they have sold and lost a lot of mone during that period and being very -ve). Who won lots of money and where are the tickets now???
This counter I hold for few years at the price of 0.18sen, later last year I managed to make some for holding few years. So this time I think will be the same. Sorry I don't hold anymore. Bether go to other counter. My personal opinion. Trade at your own risk.
Why so many moron go after many pages to promote their stocks, I3 admin? SAStockAlliance consider one of the species at this recent page? Pls stop all this nonsense! I believe many readers here including myself already fed up to come to this forum and frequently seen all this rubbish and going to quit because of it. Hope the admin will control/ ban such morons to promote other counter in a specific counter.
On behalf of the Board of Directors of PUC (“Board”), MIDF Amanah Investment Bank Berhad (“MIDF Investment”) wishes to announce that on 27 December 2017, PUC has entered into a conditional sale of shares agreement (“SSA”) with the Vendors for the proposed acquisition of 6,076,081 ordinary shares in PWHSB, representing 33% of the total number of issued shares in PWHSB (“Sale Shares”), for a total purchase consideration of RM52.80 million to be satisfied by a combination of issuance and allotment of new PUC Shares and cash as follows:
(i) Issuance and allotment of 64,596,273 new PUC Shares at an issue price of RM0.322 per PUC Share (“Issue Price”) amounting to RM20.80 million (“Consideration Shares”); and
Assumption: 1. All PUC-WB is completely converted to mother share 2. Issuance of new mother share due to acquisition of 33% PW. 3. PUC profit after tax = RM 8 mil per year. 4. Assuming trade receivable of 20 mil is totally gone.
What is the PE ratio?
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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....
真有钱 ^_^
322 posts
Posted by 真有钱 ^_^ > 2018-03-05 15:09 | Report Abuse
Where got good news? Share price dah jatuh longkang.