smaller cap stocks, the top gainers include travel agency company Parlo Bhd, which in September signed an agreement with Myanmar's Diamond Palace Group of Companies Ltd and Agensi Pekerjaan Seaview Hectare Sdn Bhd to provide employment agency-related services. While it has yet to see the earnings contribution from the new business, the counter surged 1,229% to 46.5 sen as at Oct 19, against its March 18 closing of 3.5 sen. The company's market capitalisation multiplied to RM169.28 million from RM10.92 million during the period.
OTHERSPARLO BERHAD REGISTRATION NO. 199601013285 (385635-V) (PARLO OR THE COMPANY)-THE STATEMENT OF WORK (NO. 1) MADE AND ENTERED INTO BETWEEN THE COMPANY ANDDIAMOND PALACE GROUP OF COMPANIES LIMITED.You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
Parlo Bhd is to raise RM25.84 million via a private placement of 72.8 million shares (20% of its total issued shares) to third party investors. Some RM12 million of the proceeds will be used to invest in its migrant workforce-related services business. Another RM7.06 million will be used to repay bank borrowing, and RM5.93 million for working capital.
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....
Posted by teareader818 > 2020-09-28 21:05 | Report Abuse
Advice is always free, whether sound or foolish. My advice to you is to attend to the attacks in your NETX Forum. I can hear it from here. Hahaha.