We refer to our earlier announcements in relation to the Private Placement.
On behalf of the Board, Kenanga IB wishes to announce that the Board has on 28 January 2019 ("Price Fixing Date") fixed the issue price at RM0.02 per Placement Share. The issue price of RM0.02 per Placement Share represents a discount of approximately 8.26% to the 5-day VWAMP of Eduspec Shares up to and including 25 January 2019, being the last market day immediately preceding the Price Fixing Date, of RM0.0218.
Jul 3, 2018 - Capital reduction is the process of decreasing a company's shareholder equity through share cancellations and share repurchases, also known as share buybacks. The reduction of capital is done by companies for numerous reasons, including increasing shareholder value and producing a more efficient capital structure.
Proposed Private placement - Already done or not ? Question is Proposed private placement a good thing ? Why do largest and private individual want to buy Edu though private placement. It is a good thing ?
Capital Reduction is NOT Share Consolidation. Two different matter. Am I right ? Any financial analyst here. I just grab without thinking 90,000 shares at 0.035 after i research all of the above.
Yalor .... How to monitor so many counter .... Opensysem lah .... Armana lah .... FGV lah Mata also tired. But not too late after it appeared 2 x at top 10.. Then only come to my attention.
NotConfused. Thank for the post. I thought I came to wrong thread. Very quiet. Anyone have any more to shares information so that we have collective information together.
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....
tunku1234
102 posts
Posted by tunku1234 > 2018-11-01 12:12 | Report Abuse
lari lari, useless counter.