Rishi... interesting you mention 23/7 again... Maybe not convenient to share the reason....but I'm looking forward to seeing what's in store for holders.
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING GREEN PACKET BERHAD ("GPB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF GPB
GREEN PACKET BERHAD TypeAnnouncementSubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISINGDescriptionGREEN PACKET BERHAD ("GPB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF GPB
We refer to the earlier announcements in relation to the Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.
On behalf of the Board, RHB Investment Bank wishes to announce that the Company has issued a total of 100,134,000 Placement Shares under the First Tranche, representing 9.99% of the issued share capital of the Company (excluding treasury shares) as at 2 July 2020. The Placement Shares were listed on the Main Market of Bursa Securities today.
The Board has also determined that there will be no further share issuance under the Private Placement. As such, this Announcement marks the completion of the Private Placement.
This Announcement is dated 13 July 2020.
Announcement Info
Company NameGREEN PACKET BERHADStock NameGPACKETDate Announced13 Jul 2020CategoryGeneral Announcement for PLCReference NumberGA1-13072020-00016
Hahahaha looks like sticking with GP still not too bad. Market drop 22points gp drop 2 sen so far.
Those who entered glove counters this morning kena screw kuat kuat already losing pants and undies..
Cant simply switch here and there.....gloves already sky high. When brokers revising upwards their target price means they are ready to liquidate to retailers....all so classic moves...
just wondering, the pp that was done earlier, was it for the acquisition of Xendity? Rmb that the acquisition of Xendity cost abt USD10Mil which will be paid with a combination of cash and issuance of new ordinary shares worth USD4Mil
Surewin1woh....thanks bro... Yes i m aware syndicate is fryingbthe glove stocks...thats the reason i find myself hard to get in after i exited...though they are making good profits but i think the price jas outrun its fundamentals...of course no one is complaining as long as we follow the theme play...but theme will change....its just a matter of time....of course i m not saying GP is so great either. Hahaha
Bro Agjl, I reckon GP is now more investable as compared to when it was over RM1++. We just need to have patience with this fella. Ride with Ah Puan who seems to have good connection with mainland Chinese.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Depeche
4,451 posts
Posted by Depeche > 2020-07-13 23:12 | Report Abuse
How many trapped above 0.65... those bought over 1.00 really got played out big time.