Posted by Stephen Baster > 2020-12-09 14:33 | Report Abuse

who is Rajuan? LOL

Posted by limsingpoh9497 > 2020-12-09 14:34 | Report Abuse

suspension

Posted by tean2020 > 2020-12-09 14:37 | Report Abuse

will it like serbark?

Posted by ignissimia > 2020-12-09 14:39 | Report Abuse

Fund raising? Wet news.

Posted by tean2020 > 2020-12-09 14:40 | Report Abuse

fund rising means good or bad?

Posted by ignissimia > 2020-12-09 14:41 | Report Abuse

Dilution. But not as bad as rights issues.

Posted by Sweetchocalates > 2020-12-09 14:41 | Report Abuse

Serbark raised pp for debts while myeg raised pp for expansion. I m neutral on myeg's pp.

Posted by Stephen Baster > 2020-12-09 14:45 | Report Abuse

Neutral lar. Dilute by around 1% only. Can you guys read the report ah don't come here shout shout lol

Wong Thean Soon
Before 393.2 11.24% (2)737.7 21.09%
After 393.2 10.57% (2)737.7 19.84%

Posted by ignissimia > 2020-12-09 14:46 | Report Abuse

Wonder what the fund raised by the placement is to be used for? There may be a silver lining to it.

Posted by Besafe > 2020-12-09 14:48 | Report Abuse

Fund raising for niis projects??

Posted by ignissimia > 2020-12-09 14:48 | Report Abuse

Didn't see any report in the announcement

Posted by Stephen Baster > 2020-12-09 14:49 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id...

Posted by Stephen Baster > 2020-12-09 14:49 | Report Abuse

but sweet where you get this yea? My link also not working.

Posted by Sweetchocalates > 2020-12-09 14:50 | Report Abuse

Very hard to say what will happen tommorow. If terbang, that will be good. If no terbang, i m ok too. I dont expect it to fall like serbadk because myeg is not issuing pp for debts. And also they likely maintain the price at the pp price.

Posted by Sweetchocalates > 2020-12-09 14:51 | Report Abuse

Might as well buy from open market if cant maintain the price right? So those who bought at below 1.8 are in the safe zone.

Posted by steven rt > 2020-12-09 14:53 | Report Abuse

Will the suspension be lifted later this afternoon?

Posted by ignissimia > 2020-12-09 14:53 | Report Abuse

No access, 503 Service Temporarily Unavailable

Posted by Stephen Baster > 2020-12-09 14:53 | Report Abuse

wow the draft link also gone liao. sweetmelody you internal people ka ahaha where is the link liao?

Posted by Lele > 2020-12-09 14:53 | Report Abuse

Hope issuing pp for new projects.

Posted by Stephen Baster > 2020-12-09 14:54 | Report Abuse

conspiracy theory lol still adjusting the details ka?

Posted by EngineeringProfit > 2020-12-09 14:55 | Report Abuse

placing free money into which orang besar's pocket?

Posted by Stephen Baster > 2020-12-09 14:56 | Report Abuse

the one that we read while still link is still available just now pp is for:

1) Healthcare screening / vaccine project (first priority)
2) E-Govt service
3) Foreign worker housing project

Posted by Rajuan_Singh > 2020-12-09 14:56 | Report Abuse

Charlene, I am at 2.15. So wait

Posted by flydelta > 2020-12-09 14:56 | Report Abuse

https://www.theedgemarkets.com/article/trading-securities-my-eg-services-halted-pending-announcement

KUALA LUMPUR (May 22): Trading in the securities of My E.G. Services Bhd (MyEG) will be halted from 9am today pending an announcement.

In a bourse filing today, MyEG said it had requested the trading halt.

MyEG has been in the news lately after it began taking preorders for its Covid-19 rapid test kit since mid-March, even before it got any approval from the Ministry of Health (MoH).

MyEG defended that the test kits, claimed to be developed by an unnamed "reputable" Chinese biomedical company, had already been approved by health authorities in China and Europe and qualified for emergency use by the US Food and Drug Administration (FDA).

However, Malaysia’s Medical Device Authority (MDA) under the MoH clarified later in the month that it never gave permission to MyEG to advertise, distribute or sell Covid-19 test kits.

#dudukrumahdiamdiam and get the news at theedgemarkets.com.

Posted by Stephen Baster > 2020-12-09 14:56 | Report Abuse

work for me just now, when i reshare to all it become error

Posted by Sweetchocalates > 2020-12-09 14:56 | Report Abuse

Pp will be used for:

Development of foreign workers hostels under
the foreign workers accommodation
programme (“FWAP”)(1)

Development of healthcare related services(2)

Purchase of fixed assets and related solutions
for the e-government concession services(3)

Working capital(4)

Estimated expenses for the Proposed
Placement(5)



This is just a summary. If u want more details gp read the rpt.

Posted by Sweetchocalates > 2020-12-09 14:58 | Report Abuse

Mostly allocated to healthcare and jpj projects. I

Posted by Stephen Baster > 2020-12-09 15:02 | Report Abuse

ok this work! thanks!

Posted by RiskyN > 2020-12-09 15:03 | Report Abuse

he Board of Directors of the Company has requested and Bursa Malaysia Securities Berhad has approved for a suspension of trading of its securities from 2.30 p.m. to 5.00 p.m. on Wednesday, 9 December 2020 pending an announcement in relation to a fund raising exercise to be released by the Company.

The request for suspension is made under Paragraph 3.1(b) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 9 December 2020.

Posted by RiskyN > 2020-12-09 15:04 | Report Abuse

DETAILS OF THE PROPOSED PLACEMENT
2.1 Placement size
The Proposed Placement will entail the issuance of up to 220,000,000 new MYEG Shares
(“Placement Shares”), representing up to about 6.29% of the total number of issued
MYEG Shares (excluding treasury shares).
As at 16 November 2020, being the latest practicable date prior to this announcement
(“LPD”), the total issued share capital of MYEG is RM432,778,991.62 comprising
3,651,929,737 MYEG Shares (including 153,664,700 treasury shares) in issue. The
number of MYEG Shares excluding treasury shares, in issue, is 3,498,265,037 MYEG
Shares.
To facilitate the Proposed Placement, the Board has confirmed that the Company will not,
from the date of this announcement until the completion of the Proposed Placement:
(i) reduce/cancel/acquire/buy-back for any consideration any MYEG Shares; and
(ii) sell/cancel/transfer/distribute any MYEG Shares currently held as treasury shares.

Posted by Systemworks > 2020-12-09 15:11 | Report Abuse

PP for new revenue projects and not debt servicing. Materializing revenue stream. Technically neutral to positive news.

News coming hard and fast, suspect there are still cards to be played.

Posted by Ppinvestmaster > 2020-12-09 15:18 | Report Abuse

Good to collect now..queue to enter lower..

Posted by Stephen Baster > 2020-12-09 15:20 | Report Abuse

Yea expect some more roller coaster. The timing of the announcement also weird. ada lagi ka

Posted by ignissimia > 2020-12-09 15:27 | Report Abuse

Who is the Placee? That info may offer a clue on where this may be leading us to.

Posted by youreg > 2020-12-09 15:27 | Report Abuse

MYEG how it survives lies after lies is lies after lies until people all fooled, lies became truth by force.

If there is best liar and bribery crime lord left from last election, it will be MYEG.



flydelta https://www.theedgemarkets.com/article/trading-securities-my-eg-servic...

KUALA LUMPUR (May 22): Trading in the securities of My E.G. Services Bhd (MyEG) will be halted from 9am today pending an announcement.

In a bourse filing today, MyEG said it had requested the trading halt.

MyEG has been in the news lately after it began taking preorders for its Covid-19 rapid test kit since mid-March, even before it got any approval from the Ministry of Health (MoH).

MyEG defended that the test kits, claimed to be developed by an unnamed "reputable" Chinese biomedical company, had already been approved by health authorities in China and Europe and qualified for emergency use by the US Food and Drug Administration (FDA).

However, Malaysia’s Medical Device Authority (MDA) under the MoH clarified later in the month that it never gave permission to MyEG to advertise, distribute or sell Covid-19 test kits.

#dudukrumahdiamdiam and get the news at theedgemarkets.com.
09/12/2020 2:56 PM

Posted by NPRA1985 > 2020-12-09 15:29 | Report Abuse

UAE says Sinopharm vaccine has 86% efficacy against COVID-19

DUBAI (Reuters) - An experimental coronavirus vaccine developed by China’s Sinopharm has 86% efficacy against the virus, the United Arab Emirates health ministry said on Wednesday, citing an interim analysis of a human trial underway there.

The Gulf Arab state in July started Phase 3 clinical trials of the vaccine, developed by Beijing Institute of Biological Product, a unit of Sinopharm’s China National Biotec Group (CNBG). In September, the UAE approved its emergency use for certain groups.

The analysis also shows “99% seroconversion rate of neutralizing antibody and 100% effectiveness in preventing moderate and severe cases of the disease”, the ministry said in a statement carried by the state news agency.

“The analysis shows no serious safety concerns,” it said.

It also said it had officially registered the vaccine, without elaborating, and that 31,000 volunteers across 125 nationalities participated in the UAE trial.

https://www.reuters.com/article/health-coronavirus-emirates/update-1-uae-says-sinopharm-vaccine-has-86-efficacy-against-covid-19-idUSL1N2IP09V

Posted by Ppinvestmaster > 2020-12-09 15:31 | Report Abuse

Govt related counter shld have good potential..hope it can lower down for me to enter

Posted by Stephen Baster > 2020-12-09 15:34 | Report Abuse

https://www.theedgemarkets.com/article/trading-myeg-shares-suspended-group-announces-plan-raise-rm407m-fund-existing-projects

Posted by Stephen Baster > 2020-12-09 15:34 | Report Abuse

read this. easier. see you tomorrow morning!

Posted by Lele > 2020-12-09 15:37 | Report Abuse

（吉隆坡9日讯）MyEG（MYEG，0138，主板科技股）建议，配售总发行股本6.29%的新股，估计可筹得约4亿令吉，主要用作发展医疗相关服务和营运资本。

该公司今日向交易所报备，此次新股配售规模为2亿2000万令吉，买家身分和配售定价将通过定价竞标活动（Bookbuilding）定夺。

不过，配售价不可比过去5天的交易日加权均价（VWAMP）低10%。

配合这项宣布，马交所已批准该公司今日午盘暂停股票交易的申请。

Posted by Lele > 2020-12-09 15:50 | Report Abuse

出新股220,000,000 X RM1.85 = RM407,000,000.00

Posted by MonkeyFoo > 2020-12-09 15:54 | Report Abuse

亚罗士打9日讯 吉打州宗教司拿督赛法兹阿旺吁请回教徒，接受由世界卫生组织（WHO）所认可的冠病疫苗，因为有关疫苗不含动物性明胶。

Myeg中国清蒸疫苗还是留给股东自己打

Posted by Sweetchocalates > 2020-12-09 15:54 | Report Abuse

Those buy below 1.8 are lucky

Posted by UseBrainS > 2020-12-09 16:02 | Report Abuse

好啦 monkeyfool 明天limit down好吗？

Posted by MonkeyFoo > 2020-12-09 16:11 | Report Abuse

都不能卖空，怎样limit down 傻逼

Posted by Lele > 2020-12-09 16:13 | Report Abuse

不可能下。买家身分和配售定价将通过定价竞标活动（Bookbuilding）定夺。現在是寫賣RM1.85,如果有一組大買家入場，肯定上。

用來發展政府部門給的工程。

Posted by Stephen Baster > 2020-12-09 16:20 | Report Abuse

https://www.theedgemarkets.com/article/trading-myeg-shares-suspended-group-announces-plan-raise-rm407m-fund-existing-projects

This version more details. Theedge also concern about Myeg. One announcement update 3 times

Posted by Kok Heng > 2020-12-09 16:23 | Report Abuse

中国清蒸疫苗？人家要申请马来西亚的Halal好不好！

MonkeyFoo 亚罗士打9日讯 吉打州宗教司拿督赛法兹阿旺吁请回教徒，接受由世界卫生组织（WHO）所认可的冠病疫苗，因为有关疫苗不含动物性明胶。

Myeg中国清蒸疫苗还是留给股东自己打

Posted by Kok Heng > 2020-12-09 16:27 | Report Abuse

All these details are written in the announcement. Nothing special. The Edge just edit and post

Stephen Baster https://www.theedgemarkets.com/article/trading-myeg-shares-suspended-group-announces-plan-raise-rm407m-fund-existing-projects

This version more details. Theedge also concern about Myeg. One announcement update 3 times

Posted by alexlee06037 > 2020-12-09 16:39 | Report Abuse

https://www.facebook.com/519654084787245/posts/3505609482858342/