Admission Sponsor : M&A Securities Sdn Bhd Sponsor : Same as above Type : Announcement Subject : NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description : DIVERSIFIED GATEWAY SOLUTIONS BERHAD (“DGSB” OR “COMPANY”)
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 338,969,273 NEW ORDINARY SHARES OF RM0.10 EACH IN DGSB (“RIGHTS SHARES”) TOGETHER WITH UP TO 338,969,273 FREE DETACHABLE WARRANTS (“WARRANTS”) AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FOUR (4) EXISTING ORDINARY SHARES OF RM0.10 EACH HELD IN DGSB (“DGSB SHARES”) TOGETHER WITH ONE (1) FREE WARRANT FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED ("PROPOSED RIGHTS ISSUE WITH WARRANTS")
Announcement Details/Table Section :
On behalf of the Board of Directors of the Company, M&A Securities Sdn Bhd wishes to announce that the Company proposes to undertake a proposed renounceable rights issue of up to 338,969,273 new ordinary shares of RM0.10 each in DGSB together with up to 338,969,273 Warrants at an issue price of RM0.10 per Rights Share on the basis of one (1) Rights Share for every four (4) existing DGSB Shares together with one (1) free Warrant for every one (1) Rights Share subscribed at an entitlement date to be determined later by the Board.
Please find attached herein for further details of the Proposed Rights Issue with Warrants.
Hi all, i found out this two related announcement, saying that there are right issue proposed to public 5 Jan 2014, and the right issue is set at an issue price of Rm 0.10 per right issue...
Jackpot, is it the trend alws like this? Yesterday keeping telan the qty q at seller part, n today seller throw some to buyer, but still got buyer with huge qty q to buy...
Eh, I think a lot of ppl is holding on 0.055, just i x confident enough whether it will rise near to 0.10 or just let it gone at 0.055, but now it climb 2 sen within 2 days, n only left 2 month to go to exercising the right share proposal, bought on 0.07 seem like late oldy, but i think it wont drop back to 0.055, make the right issue project fail on jan 2014...
Buy back 10% which already approve will involving 135,587,709 shares. So popular thinking is price may reach 0.250 plus speculation buy n holding. This counter is showing clear indication no need sakit kepala to know why price surge.........this is free ride liao...ikut saja sure making $$$$
Buyers n sellers still in holiday mood - deepavali on saturday, tomorrow awal muharram. Long holiday liao......fundamental buy always slow but steady, speculative buy sky rocket but cepat crash. Look at Flonic a few weeks ago.
hope tomorrow got show. yesterday there is a sell transaction by shark and tomorrow hopefully they can push high. they wont buy at 0.07 if they dont want to push above that.
Its fly gradually to avoid UMA, so this counter slow mo type. GST projects spill bean effect to Dgsb from Microlink. No wonder la BOD mati2 to buy Microlink. Now the picture even clear.
M&A Securities Sdn Bhd on behalf of the Board of Directors of DGSB wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 28 June 2013 (received on 1 July 2013) approved the application for an extension of time to complete the implementation of the Rights Issue with Warrants until 5 January 2014.
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....
nahcee
471 posts
Posted by nahcee > 2013-10-31 16:32 | Report Abuse
at last it move!!!