I remember during one of the AGM, I talk to management of M&A that they should Monetization the name M&A as specialize in providing Merge and Acquisition service provider. There are a lot of big money to be earned if you can position yourself in this type of financial advisory services.
(a) raise its future equity and debt funding requirement through the capital market independently from Insas Group.
Currently a lot of Insas cash is tie up with M&A securities berhad. If this cash can be freed up hopefully Insas can redeploy the cash or increase dividend payout.
>> In total, the rights issue and restricted issue are expected to raise RM69.98 million, of which RM50.26 million will be utilised to settle the amount owed to its sister company Insas Technology Bhd.
Haha Mike, Insas hold Inari thro': Insas Technology Berhad - 424,769,375 Media Lang Limited - 11,206,500 Insas Plaza Sdn Bhd - 103,867,700 Montego Assets Limited - 850,000
Care to calculate how much free cash/dividend received/will be receiving from Inari yearly?
>> Insas added the listing status of M&A will enable the latter to raise future equity and debt funding requirements through the capital market, expand its customer base, as well as retain and attract new employees from the financial services industry.
Holding insas for many yrs, lost some on warrants , and lost more on opportunity cost,indeed a value trap company...Anyways, hopefully it will not disappoint me again in coming days...
The right issue is for the purpose to settle the interco balance, not sure how it is link to so much cash still ask for money posted question? Understand the listing requirement and it is to fulfill the interco settlement.
Nowadays, KLSE has a lots of katak. They keep hopping so that they can hit a limit-up counter. They bought a lot in the opening and then quit if it fails to limit up. Then they hop again.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 903 views | 6 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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....
Mikecyc
45,527 posts
Posted by Mikecyc > 2021-10-06 20:01 |
Post removed.Why?