if you own more than 20 counter and one counter you make 100% (if you have any ofc) then efectively your overall porfolio a total 5% profit.....good method can earn FD rate!! good strategy!! LOL
@8888_ your portfolio very diversified. you have time to monitor company?? you are more pro than IB research which hv smaller portfolio than yours.....LOL
Good morning Mr Chia. Today got press conference? Many are impatient already. We want to hear your update only. Doesn’t matter if 1st shipment by month end can’t make it.
Coming , coming is today. Stay tune. EGM was over. All resolutions passed. Mr Chia still very confident and smile. Vivocom will change name to vinvest capital bhd soon. To rm 3.50.
yes you are right.......164M shares at 0.40 is cumming to be your friend soon.......so nice to hv that many friend around to share your wealth at cheaper price.....LOL
if really a rumours on the licence within 2 weeks, i think the price shoot up very highly and unlike now with a vol of 23m only 2.8% up. Make your own judgment.
GENERAL MEETINGS: Outcome of Meeting VIVOCOM INTL HOLDINGS BERHAD
Type of Meeting Extraordinary Indicator Outcome of Meeting Date of Meeting 23 Mar 2021 Time 11:00 AM
Venue(s) Broadcast Venue :- No. 4, Jalan Seri Utara 1, Off Jalan Ipoh, 68100 Batu Caves, Kuala Lumpur, Malaysia
Outcome of Meeting The Board of Directors of VIVOCOM INTL HOLDINGS BERHAD (“the Company”) wishes to announce that all the Resolutions as set out in the Notice of the Extraordinary General Meeting (“EGM”), were duly passed by the shareholders of the Company at the EGM held on Tuesday, 23 March 2021.
The results were validated by Aegis Communication Sdn. Bhd., the Independent Scrutineer appointed by the Company.
Please refer below for the outcome of the EGM of the Company.
This announcement is dated 23 March 2021.
Voting Results
1. PROPOSED ACQUISITION Description PROPOSED ACQUISITION BY VIVOCOM OF 113,535,000 ORDINARY SHARES IN V DEVELOPMENT SDN BHD (V DEVELOPMENT), REPRESENTING 45.0% EQUITY INTEREST IN V DEVELOPMENT, FROM DATO' SERI CHIA KOK TEONG (VENDOR) FOR A TOTAL PURCHASE CONSIDERATION OF RM171,000,000 TO BE SATISFIED VIA A COMBINATION OF CASH CONSIDERATION OF RM54,000,000, AND ISSUANCE AND ALLOTMENT OF 164,250,000 NEW ORDINARY SHARES IN VIVOCOM (VIVOCOM SHARE(S) OR SHARE(S)) (CONSIDERATION SHARE(S)) AT AN ISSUE PRICE OF RM0.40 PER CONSIDERATION SHARE, AND ISSUANCE AND ALLOTMENT OF UP TO 128,250,000 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES (ICPS) (CONSIDERATION ICPS) AT AN ISSUE PRICE OF RM0.40 PER CONSIDERATION ICPS (PROPOSED ACQUISITION) Shareholder’s Action For Voting Voted For Against No. of Shareholders 38 2 No. of Shares 84,600,396 10,010 % of Voted Shares 99.9882 0.0118 Result Accepted
2. PROPOSED SUBSCRIPTION Description PROPOSED SUBSCRIPTION OF 169,936,172 NEW VIVOCOM SHARES, REPRESENTING APPROXIMATELY 30.0% OF THE TOTAL NUMBER OF ISSUED VIVOCOM SHARES (SUBSCRIPTION SHARE(S)) AT THE SUBSCRIPTION PRICE OF RM0.35 PER SUBSCRIPTION SHARE (PROPOSED SUBSCRIPTION) Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 5 No. of Shares 84,576,852 33,554 % of Voted Shares 99.9603 0.0397 Result Accepted
3. PROPOSED CONSTITUTION AMENDMENT Description PROPOSED AMENDMENT TO THE CONSTITUTION OF THE COMPANY TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED ACQUISITION (PROPOSED CONSTITUTION AMENDMENT) Shareholder’s Action For Voting Voted For Against No. of Shareholders 35 5 No. of Shares 84,576,852 33,554 % of Voted Shares 99.9603 0.0397 Result Accepted
Sand mining is good money but earning money from retailer even more. You can see how it trap those at 0.92-0.93 and now drop back to 0.91 and etc
For my opinion, all those news is nothing if the operator not doing anything again , just make your judgement before you buy or if can just take your profit.
usually share price doesn't reflect future earnings sometimes it's confidence in the company......like i said small movement like VV is not easy to make money.......go DATAPREP one day got over 70% buffer for you to take profit!! everyone happy over there.....LOL
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New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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....
8888_
2,923 posts
Posted by 8888_ > 2021-03-22 09:28 | Report Abuse
PM not in Sabah? Vivo sand export not from Sabah?