Rights Issue Type RightIssue Description RENOUNCEABLE RIGHTS ISSUE OF UP TO 911,028,120 NEW ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.11 PER RIGHTS SHARE TOGETHER WITH UP TO 531,433,070 FREE DETACHABLE WARRANTS IN TRIVE ("WARRANTS C") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JANUARY 2021 ("RIGHTS ISSUE WITH WARRANTS") Amount 12.0000 : 2.0000 Ex Date 20-Jan-2021 Entitlement Date 21-Jan-2021
Indication: Notice of Meeting Indication: Outcome of Meeting Date of Meeting: 13/01/2021 Time of Meeting: 11:00 AM Venue: Level 4, Menara Lien HoeNo. 8, Persiaran TropicanaTropicana Golf & Country Resort47410 Petaling Jaya, SelangorMalaysia Outcome of Meeting: The Board of Directors of Trive Property Group Berhad ("the Company") is pleased to announce that all resolutions put to the Company's 14th Annual General Meeting ("AGM") held today, 13 January 2021 were carried. All the resolutions were voted by poll and the results of the poll were validated by Messrs. SharePolls Sdn. Bhd., the independent scrutineers appointed by the Company. The results of the poll are set out below. This announcement is dated 13 January 2021. Remark: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Description -To approve the payment of Directors' Benefits up to an amount not exceeding RM30,000/- from the 14th AGM until the conclusion of the 15th AGM of the Company.
wah... 30k for sleeping and doing nothing. wakakaka. s*h*t director
Guys. Anyone subscribing the rights? It looks like a trap for share dilution. Say a person has 100,000 shares. Does that mean you need to spend (100,000/2)x 12 rights x 0.11 = rm 66K? Looks like a shit deal to spend that much money? Can someone verify
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....
Singapore88
611 posts
Posted by Singapore88 > 2021-01-05 17:05 | Report Abuse
Loose monies,,he he he ,,top up a bit