OTHERS TRIVE PROPERTY GROUP BERHAD (TRIVE or the Company) - TERMINATION OF CONTRACT TRIVE PROPERTY GROUP BERHAD
Type Announcement Subject OTHERS Description TRIVE PROPERTY GROUP BERHAD (TRIVE or the Company) - TERMINATION OF CONTRACT (Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the announcements dated 8 June 2016, 13 June 2016, 22 December 2016, 22 March 2017, 25 October 2017 and 13 November 2017 in relation to the Memorandum of Understanding between the Company and Fortunate Solar Technology Ltd (“Announcements”))
Further to the Announcements, the Board of Directors (“Board”) of TRIVE would like to inform that both parties, Jiangxi Fujing New Energy Technology Co. Ltd. and TRIVE had mutually terminate the Joint Venture Agreement dated 10 November 2017 with immediate effect.
There are no matters or payment pending from either party as at 31 July 2019.
Proposed private placement of up to 703,947,100 new ordinary shares in Trive shares,representing up to 30% of the total number of issue shares of the company to independent third party investors to be identified later at an issue price to be determined later.
Excuse me.Many people do not know that Trive need to adjusted for bonus issue,right and additional share issues.My target should can be reach.This stock can be immune in case stock downturn.
Posted by Michael Kwok > Oct 24, 2019 11:46 PM | Report Abuse X
I have a feeling Trive will move.TP 4-5 cents(Worst case scenario).
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Louis Wong
118 posts
Posted by Louis Wong > 2019-06-26 14:46 | Report Abuse
hard to queue at 10 cents lol