On behalf of the Board of Directors of the Company, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake a bonus issue of free warrants in the Company ("Warrants C") on the basis of 1 Warrant C for every 2 existing ordinary shares in the Company held on an entitlement date to be determined and announced later ("Proposed Bonus Issue of Warrants").
PART A - PROPOSED BONUS ISSUE OF FREE WARRANTS IN TANCO ("WARRANTS C") ON THE BASIS OF 1 WARRANT C FOR EVERY 2 EXISTING ORDINARY SHARES IN TANCO HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE OF WARRANTS") AND
PART B - PROPOSED RETIREMENT GRATUITY PAYMENT OF RM450,000 TO DATO' TAN LEE SING, THE GROUP EXECUTIVE DIRECTOR OF TANCO ("PROPOSED RETIREMENT GRATUITY PAYMENT")
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Ha ha very funny. Nobody wants their bloody warrant. Notice that absolutely there is no rush at all. I think will only benifits the Directors. Pathetic.
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....
Michael Kwok
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Posted by Michael Kwok > 2022-06-13 10:48 | Report Abuse
Just becareful.breach support 29 cents.its going to be sharp like wht above saying.