With Ukraine in Chaos Malaysia Strikes Gold Yet Again.
Wednesday, 9 Mar 2022 | GMT+8 10:00 AM
With Ukraine in Chaos, Palm Oil Now at Its Highest Price Ever, Malaysia Strikes Gold Yet Again By Mihar Dias (C) Copyright March 2022
Malaysia has managed to stay afloat for the last few decades on two oils. One is petroleum and the other palm oil. Just when our economy was about to go into a doldrum as a result of the recent pandemic, Putin invaded Ukraine and palm oil prices went sky high. It?s price is now double from what it registered during the pandemic shutdown in the last two years reaching almost RM8000 per ton.
GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN" OR THE "COMPANY") - EMPLOYEES SHARE OPTION SCHEME ("ESOS")
Green Ocean has on 11 April 2022 offered a total of 116,500,000 share options at the option price of RM0.0225 to eligible employees of Green Ocean in accordance with the By-Laws of the ESOS. The details of the offer of share options are as follows:-
(a) Date of Offer : 11 April 2022 (b) Number of shares offered : 116,500,000 (c) Exercise price of shares offered : RM0.0225 (d) Closing price of Green Ocean’s Shares on the date of the Offer : RM0.0250 (e) Number of Shares offered to the Company’s Directors under the ESOS : Nil (i) Dato' Nik Ismail bin Dato' Nik Yusoff - (ii) Mr. Tay Ben Seng, Benson - (iii) Mr. Roy Winston George - (iv) Mr. Kang Teik Yih - (f) Vesting period of the Shares offered : The Options are vested on the Offer Date This announcement is dated 11 April 2022.
=============== Frequent fund raising via share issuance to PP and ESOS Dilution of shareholder equity % and EPS
Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
MTRONIC -a loss from disposal of investment in quoted shares of RM3.2 million recorded during the period....:) Cheetah-changes in loss on disposal of quoted investments amounting to RM17.41 million as well as Employees’ Share Option Scheme-based payment expense of RM2.07 million ...:) tis coming.....:)
GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN" OR THE "COMPANY") - PROPOSED ACQUISITION OF PROPERTY FOR TOTAL CONSIDERATION OF RM6,861,660.00 ONLY
The Board of Directors of Green Ocean wishes to announce that its wholly-owned subsidiary, G Rubber Sdn. Bhd., has on 3 June 2022 entered into a Sale and Purchase Agreement with BRDB Developments Sdn. Bhd.
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....