I saw a report Dnex’s China counterpart will have to give up the bid if Khazanah can not finalize this deal by Jan .. hence if the bidding can not be finalized by this month end then the Gpacket will be the only local bidder after that ..
Posted by wee2000 > Jan 15, 2021 6:48 PM | Report Abuse they need shareholder to vote for the xendity acquisition. using shares as a payment for the purchase. It will dilute abit our number of shares. USD$10 million. USD$1.5 million in cash. Balance USD8.5 M in shares. EGM notes give all the protocol but did not tell at what price the shares are issue. Fxxx. How to vote like that
DX has a huge vol yesterday wo but price up little only.... the shark go in already GP advantage is it has a sum of cash compare to DX... but both also lousy company :D
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Sheng1
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Posted by Sheng1 > 2021-01-14 11:33 | Report Abuse
No power ohhhh