the two core businesses established at this company are OmniChannel and Presto, in the hope that by developing these two segments, it will lead to PUC becoming the country’s leading digital services provider.
Looking at it's future cash flow position from the latest audited accounts, won't be surprise that it needs a rights issue for future working capital purposes.
their cash position is still considered healthy ba currently since they had more than RM2 million in cash and cash equivalent although having approx RM3.4 million in long-term borrowings
Rights issue and substantial shareholders not willing to subscribe? Unlikely to be share consolidation if new major shareholders intend to cheaply increase their shareholding, ie. those that do not subscribe to the rights will have their shareholding % diluted.
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....
Zikir95
228 posts
Posted by Zikir95 > 2023-03-21 17:44 | Report Abuse
Pengerusi syarikat yg hebat. Rasa PUC blh berkembang lebih luas lagi