Honestly, it is suprise for me to say that Mtouch still keeping with the units and big investment sharehold....of course, u may ask, why this good invester company still hold Mtouch...i also dont know !!!!....but sure there are some inside we dont know !!!
Are we still chasing the test kits? Late comer on test kits Rubberex seems to have done it and we are still chasing? They have even done better in what we aim to do by branching out into the health industries. Management is useless, the company is a means of pocketing money for themselves!
The Board of Directors of mTouche wishes to announce that mTouche International Sdn. Bhd. ("MISB"), a wholly-owned subsidiary of the Company has on 3 June 2022, entered into two (2) Sale and Purchase Agreements ("SPAs") with BRDB Developments Sdn. Bhd. [Registration No. 196401000190 (5521-A)], to acquire the following two (2) units of retail / office premises / space at a total consideration of RM17,897,800.00 (Ringgit Malaysia Seventeen Million Eight Hundred Ninety-Seven Thousand and Eight Hundred only) in accordance with the terms and conditions of the SPAs ("Proposed Acquisition of Properties"):-
=================== The Purchase Price will be funded by a combination of utilisation of proceeds of up to RM 7.5 million raised from the previous corporate exercise and bank borrowings for the balance Purchase Price.
================== Utilisation of company fund and bank borrowing
================== When company fund gets low, directors might resort to more fund raising via share issuance to PP, ESOS or RI
Can someone explain how do you buy or sell 1 share @ current price of 0.055, and what is the cost of that transaction. What is the point of the whole exercise? Thought there is a minimium lot size. How did they get pass Bursa to enable them to post such information?
Be aware of dealings by big shot fund parked under foreign financial institution
Particulars of substantial Securities Holder Name MITSUBISHI UFJ FINANCIAL GROUP, INC 1 20 Jul 2022 1 Acquired Deemed Interest Name of registered holder Morgan Stanley & Co. International plc
Acquisition of one (1) Ordinary Share by Morgan Stanley & Co. International plc ("Morgan Stanley Group") in which Mitsubishi UFJ Financial Group, Inc ("MUFG") is deemed interested in the shares by virtue of MUFG's holding more than 20% interest in shares of Morgan Stanley Group.
Indirect/deemed interest (units) 61,800,000 Indirect/deemed interest (%) 6.669 Total no of securities after change 61,800,000 Date of notice 22 Jul 2022
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....