A Corporate exercise will be instituted after the passing of all resolutions at the 16th AGM this Nov 28th. This corporate exercise will then be submitted to Bursa for approval. You can expect the lifting of the suspension thereafter. I am confident Perisai will not be de-listed...
@fastranger... I don't think I dare say anything on the expected market price upon re-listing. I normally leave it to the market forces to determine the price. Cheers
@ronaldolow5479... The objectives are the same. Both are to put Perisai in a firmer footing & better financial health. However, the medicines to be prescribed for the recovery process can be a little bitter in taste.
@ronaldolow5479... It is not a lousy plan. Its just not to Bursa's satisfaction. Perisai have been in consultation with Bursa for guidance on this issue the last few months. This point is in the AGM booklet.
@ronaldolow5479... Perisai need to be remained as a listed entity. Executing O&G projects needs a lot of money. It is easier to get financing if you are listed. Perisai will not work against itself. It has all to gain by remaining listed. This, I am very confident...
@ronaldolow5479... What you heard will become official once Perisai announced it thereafter after the AGM. There will be no immediate consolidation of shares once Perisai resume trading. I am not ruling it out at a later stage.
Fark lah....Everybody has been talking sht all these years about these rumours....nothing doing....Dont talk freaking nonsense to mislead unless u have bloooooody proof....Dont waste our time.....
Not unhappy or what, just sick of the nonsense rumours WITHOUT substance....Talk KOK only....The best is let the damn stock die fast and close this damn forum....U can talk until the cows come home from Mumbai, go to New Delhi and back to Goa also no use....No profit, can close shop...Period.
@scwmike8...I would suggest you attend the 16th AGM. Views from the BOD on the direction of the company is for your asking. Don't forget to share it with us. Regards
@scwmike8... At the AGM, ask the BOD of the corporate restructuring exercise. Ask about the shares consolidation, loan stocks, rights issue & the free warrants. Will Perisai then be financially healthier after the corporate exercise? Ask also if Bursa will delist Perisai after the corporate exercise. @fastranger is not talking nonsense. Get these answers at the AGM which is a few days away. Satisfy yourself by attending the AGM personally. Thank you & don't forget to share your thoughts with us.
I just refuse to waste my time...Cos, if the BOD had any ideas of what they were doing, we wont be in such a shit hole here now...Full of thick smelly sht,,,,Like I said, no PROFIT, no need to talk...Just write off...If a miracle happens otherwise, consider it a bonus....FARRRRK
@fastranger... I am with you. Its okay if others cannot agree with us. Its a forum for healthy exchange of opinions. Tune will change after the AGM. We can expect many announcements by Perisai or its IB on the corporate measures to be taken make Perisai profitable again. @fastranger... Just relax till then (though we have waited from the early part of the year).
Yeah exactly.. if some one thinks its a waste of time.. definitely will not come over to a death counter to comment... I dont even look at other stocks or comment there...
@fastranger... I almost forgot to explain why I always emphasised... after the AGM. This is because for whatever Perisai do, they must be empowered by law or their constitution. It is at this AGM they are seeking for this authority. It is only after the company is empowered, can they announce the corporate plans they have for Perisai. Its a legally bound corporate restructuring... Anyway, welcome back @fastranger. Good to have you around
Dato Fastranger I pray Perisai is the first stock share in BURSA I have up the price more than 200% when it relisted though I have only 2 lots Let's cheer on it .Board Of Directors work harder we are with you
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