fast has successfully secured several contracts to deliver a range of marine fuel oils to prominent customers in various industries, and fast is aiming to fulfill the supply of 30,000 tonnes ahead of schedule.
FAST ENERGY HOLDINGS BERHAD I. PROPOSED SHARE CONSOLIDATION; II. PROPOSED PRIVATE PLACEMENT; AND III. PROPOSED ACQUISITION (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")
On behalf of the Board, UOBKH wishes to announce that the Board had on 25 November 2022 resolved to fix the issue price for tranche 5 of the Private Placement at RM0.0877 per Placement Share.
The issue price of RM0.0877 per Placement Share represents a discount of 19.98% to the 5-day VWAP of Fast Energy Shares up to and including 24 November 2022, being the last traded day of Fast Energy Shares immediately preceding the price-fixing date, of RM0.1096 per Fast Energy Share.
This announcement is dated 25 November 2022.
================= Still in price fixing stage to reward selected PP investors Have to check how many more tranches of PP to go.
================= See the selected PP investors make money first Investors with rights issue and undergone share consolidation have to wait longer, hoping directors able to bring in profits
after all, profit after 4 quarters are largely contributed by the company’s new oil bunkering and petroleum trading business segment, where this is expected to continue contribute positively to the company
In Malaysia, major ports such as Port Klang experienced bottlenecks earlier this year with high volume of vessels arriving at the ports, which bodes well for the group’s prospects
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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....
DonovanTingQY
51 posts
Posted by DonovanTingQY > 2022-11-17 15:36 | Report Abuse
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