(I) PROPOSED BONUS ISSUE OF UP TO 109,523,280 NEW ORDINARY SHARES OF RM0.10 EACH IN SUNZEN BIOTECH BERHAD (“SUNZEN”) (“SUNZEN SHARES”) (“BONUS SHARES”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING SUNZEN SHARES HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED BONUS ISSUE OF SHARES”);
(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF SUNZEN FROM RM25,000,000 COMPRISING 250,000,000 SUNZEN SHARES TO RM50,000,000 COMPRISING 500,000,000 SUNZEN SHARES (“PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL”); AND
(III) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF SUNZEN TO FACILITATE THE PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL
The Board of Directors of the Company is pleased to announce that the shareholders of the Company have at the Extraordinary General Meeting ("EGM") held on 15 April 2015 approved all the ordinary and special resolutions set out in the Notice of the EGM dated 20 March 2015.
Sunzen consolidating before attempting to break 60sen level towards 75-80sen !! Bonus 1:2 All Approved for Sunzen and Sunzen-Wa. Exciting times for Sunzen once volume increase and price uptrend breakout !! Happy trading !
That is for normal interest. But with bonus announcement, if the market really excited it would have beem sky rocketed by now. Anyway waiting to clear off my units.
JT - Sunzen probably waiting for you to sell off your units before it starts to move !! So just SELL your Sunzen and look for some other "exciting" shares !! lol... Do us all a big favour. Thanks !!
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....
aa111111
583 posts
Posted by aa111111 > 2015-04-09 22:10 | Report Abuse
price if up and volume is increasing tomorrow......started to collect it.