Asia is trying to be Jack of all trades but Master of none,,,,,trying to hit a jackpot with so many acquisition until they do not know what they really want to do other than to cheat innocent investors,,,,
On behalf of the Board of Directors of ABT, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the following:-
(i) proposed renounceable rights issue of up to 1,163,208,800 new irredeemable convertible preference shares in ABT (“ICPS”) together with up to 116,320,880 free detachable warrants in ABT (“Warrants B”) on the basis of 10 ICPS together with 1 free Warrant B for every 5 existing ordinary shares in ABT (“ABT Shares” or “Shares”) held by the entitled shareholders on an entitlement date to be determined (“Proposed Rights Issue of ICPS with Warrants”);
(ii) proposed amendments to the Constitution / Memorandum and Articles of Association of the Company (“Proposed Constitution Amendments”); and
(iii) proposed amendments to the bylaws governing the existing share issuance scheme of ABT (“Proposed Bylaws Amendments”)
(collectively referred to as the “Proposals”).
Please refer to the attached document for further details on the Proposals.
all same group proposed by mercury CF, any thing proposed by mercury, in term of business , is con job,sorry to say that as it never materialized but for trading of stock maybe still can try the luck. hstha , you are rights, they are all same group, xox, asia bioenergy, K group (look like Kenneth Vuu), Scan, sanichi, Mtouche, MNC, Focusp, Mlab, Bioholdings, Accsoft. They have been raising public fund almost past 8 years, if you have time to check it has been routine job, one by one raising fund. and lately all being done by Mercury
it cant be raising fund to manipulate LEAP market as it sure will be cornered due to certain restriction, only high networth client whom has more than certain cash can trade LEAP market, what is this mean, Asia Bioenergy is against rule as Asia Bio its self is public listed and i am sure its shareholders are small retails mix, so as a listed company, how can your core biz become investment in high risk market, unless you have a special license like VC license, or else you have not right to use public money to invest into high risk investment.
of coz these group always has history to use public money to buy into % of another listed company which is linked to themselves.
unfortunately, authority always talk but not walk. not against these group as many other doing the same.
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....
fl888
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Posted by fl888 > 2017-07-18 21:48 | Report Abuse
Asia is trying to be Jack of all trades but Master of none,,,,,trying to hit a jackpot with so many acquisition until they do not know what they really want to do other than to cheat innocent investors,,,,