Hi pfsurewin, You may be right abt their motive. Generally, the professionals will only touch Mysia with a 5-feet pole under the prevailing political predicament.
Despite the economic damage and disruption experienced by the global community during the Covid-19 pandemic, the Group has achieved notable sales improvement in recent months. The Group has positioned itself to benefit from the Covid-19 beneficiary industries such as the Electric Vehicles “EV" segment. The Group believes with its favourable positioning in this market segment and from its involvement in developing its systems and technologies together with its clients, the Group will be able to weather the economic challenges ahead. The Board is mindful of the importance of being constantly developing and enhancing its technologies to stay competitive in the market during this challenging time. With the existing secured orders on hand and focus on the operational excellence and activities, the Board of Directors anticipate that the Group will achieve satisfactory performance in the remaining quarters.
1. Details of corporate proposalWhether the corporate proposal involves the issuance of new type and new classof securities? NTypes of corporate proposal : ESOSDetails of corporate proposal : Exercise options under Employees' Share OptionSchemeNo. of shares issued under this corporate proposal : 767,500Issue price per share ($$) : 1.3700Par Value ($$) (if applicable) : 0.000Latest issued share capital after the above corporate proposalIn the followingUnits : 44,731,700Issued Share Capital ($$) : Malaysian Ringgit (MYR) 67,134,421.000Listing Date : 05/02/2021Remarks:You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
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....
cchong86
21 posts
Posted by cchong86 > 2021-01-21 11:09 | Report Abuse
Hi pfsurewin,
You may be right abt their motive. Generally, the professionals will only touch Mysia with a 5-feet pole under the prevailing political predicament.