Please refer above Nexgram Headlines. Positive comments. Deal only can be closed within next two months with IRETEX. Hence, just wait to grow together with NG ..
This acquisition will increase NEXGRAM’s total assets under the group to over RM450 million, elevating NEXGRAM’s consolidated sales and profit to double in year 2016, or estimated RM250 million and RM20 million respectively.
Today seems like only small shareholders do the selling ( low volume transacted ) , Dealers no action at all, let NG counter floating freely. For me, it is not the right time to sell. I have time to wait for next wave..
We refer to the announcement dated 20 November 2015 in relation to the Proposed Offer (“Announcement”).
On behalf of Nexgram, Mercury Securities wishes to announce that a listing application has been submitted to Bursa Securities on 25 November 2015 for the listing and quotation of the Consideration Shares on the ACE Market of Bursa Securities.
Mr MONDE what....another FLOODS of SHARE to be listed ?.....OH NOOO...NOOOO ARGGHHHHHHHHHHHHHHHH ?......prggghhhhhh.. surely MR SG999 HAPPY again...his dream to get NG 5 SEN ?
Tricky. Price accumulation looks like 9 - 10 cents at most. Short term no effect, until egm maybe nexgram will be chased higher and higher. Maybe 15 cents?
Nexgram acquisition of Ire-Tex Corp, market consensus a positive boost [REVERTED]Nexgram acquisition of Ire-Tex Corp, market consensus a positive boost [REVERTED]Write a comment..
Type Announcement Subject TAKE-OVERS & MERGERS (CHAPTER 11 OF LISTING REQUIREMENTS) Description NOTIFICATION TO THE SHAREHOLDERS OF IRE-TEX CORPORATION BERHAD IN RELATION TO THE RECEIPT OF NOTICE OF CONDITIONAL TAKE-OVER OFFER DATED 20 NOVEMBER 2015 FROM MERCURY SECURITIES SDN. BHD. ON BEHALF OF NEXGRAM HOLDINGS BERHAD The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement in relation to the Offer made on 20 November 2015.
Further to the announcement made on 20 November 2015, Ire-Tex wishes to announce that its Board of Directors had deliberated and decided not to seek an alternate offer for the Ire-Tex Shares.
LOL. The announcement mean even others party offer $1 for takeover, Iretex will not consider. You have to know that both Company major shareholder is TPY. He is controlling both Company which mean this offer definitely valid. Now the concern only is the how the balance of shareholder respond.
don't think so? i think the announcement meant that they only want iretex share change to nexgram share and they don't want any alternative like cash offer?
yes...No one can close 3 M&A deals within 1 tough year without CASH involved-except Tey Poh Yee...I like his DIVERSIFICATION strategy using shares issuance expansion only
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....
Jacatez
188 posts
Posted by Jacatez > 2015-11-24 14:58 | Report Abuse
It won't go up until everyone fed up and stop comment here :p