PROPOSED ESTABLISHMENT OF A NEW SHARE ISSUANCE SCHEME ("SIS") OF UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF MQ TECH (EXCLUDING TREASURY SHARES, IF ANY) AT ANY ONE TIME DURING THE DURATION OF THE SCHEME FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF MQ TECH AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES, IF ANY) ("PROPOSED SIS")
================ Another massive share issuance exercise coming soon. NOSH = 1,251,092,031 will soon increase by 30% to more than 1.5 BILLION shares More dilution to shareholders equity % and EPS
================ Expect directors to raise more fund by share issuance to PP investors
MQ TECHNOLGY BHD ("MQ TECH" OR "COMPANY") PROPOSED ESTABLISHMENT OF A NEW SHARE ISSUANCE SCHEME ("SIS") OF UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF MQ TECH (EXCLUDING TREASURY SHARES, IF ANY) AT ANY ONE TIME DURING THE DURATION OF THE SCHEME FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF MQ TECH AND ITS SUBSIDIARIES
On behalf of the Board, Mercury Securities wishes to announce that the application for the listing of and quotation for the new MQ Tech Shares to be issued pursuant to the Proposed SIS on the ACE Market of Bursa Securities has been submitted to Bursa Securities on 21 September 2022. This announcement is dated 21 September 2022.
=============== Flooding the market with 30% shares issuance to ESOS Directors might also continue to raise fund via shares issuance to PP, probably another 20% of total issued shares More dilution of shareholder equity % and EPS NOSH continue to rise toward 2 BILLION shares in near future
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
============= TAYOR, set realistic target, beware of one day show
relaks.... i tunggu kat 1/2c aje.... when push up to 4-5.... many think it will go back to 10.... they caught u again.... drop back to 3c..... wait la.....
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....
Winner38
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Posted by Winner38 > 2022-09-13 08:33 | Report Abuse
All other counters show. GREEN Market yday, but ti's counter still shows red.. How la..
Big con ler