SUSPENSION OF TRADING AND LAST DAY FOR Trading warrant To facilitate the exercise of the Exercise Rights by the Warrant Holders, the trading of the Warrants B on Bursa Securities will be suspended with effect from 9.00 a.m. on Tuesday, 25 August 2020 up to the Expiry Date. Hence, the last day of trading of the Warrants shall be up to 5.00 p.m. on Monday, 24 August 2020.
Inix was way way behind mlab and now x 400 times again and the latest news is that they are gonna start their glove business... mlab come on the old banger chairman must go
The company has been active this year to generate new business. Mlabs signed a collaboration agreement with Ipharmarecare (Malaysia) Sdn Bhd which provide an opportunity for the group to expand its solution into the pharmaceutical industry throughout Southeast Asia, including Malaysia.
The company has also announced a private placement of up to 267.4 million new ordinary shares, representing 30 per cent of the total number of issued shares in the company, to independent third-party investors to be identified later.
If the Mlabs management is smart, they will push about 20 cents for the people to subscribe the WB and raised RM39Mil plus, instead of PP at a very cheap price.
On the other hand .. maybe that’s their plan, buy cheap and push to above WB exercise price, then let retailers subscribe .. here WIN WIN for them - they make tons of money and Mlabs raised more cash for expansion etc.
then most likely it wil remain at 0.005c and u will lose watever u're holding as it wont be worth converting to mother share. if mother approaches 0.15 then u will have a good chance to dispose at 0.005 and if lucky 0.01 or convert if mother crosses 0.15
Please ruin the 008 wall. Nothing big deal and special as others (other counter) has already done that and performing much more better than you,......Mlab,............
Those who watch the transactions and the way operator move the price at 0.035 and 0.055 would quickly realised that the same things happening now at 0.075.. it’s okay to sell for your quick take.. but the rest, why not wait for more.. all da best
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Posted by poseidon80 > 2020-08-08 08:09 | Report Abuse
Friday trade is merely acquiring stock by big shots at price 0.070-0.075. Just wait patiently.. our time will come.