RENOUNCEABLE RIGHTS ISSUE OF UP TO 132,604,152 NEW REDEEMABLE PREFERENCE SHARES ("RIGHTS RPS") IN INSAS TOGETHER WITH UP TO 331,510,380 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 RIGHTS RPS AND 5 WARRANTS FOR EVERY 10 EXISTING ORDINARY SHARES HELD BY THE ENTITLED SHAREHOLDERS, AT 5.00 P.M. ON 3 FEBRUARY 2021 AT AN ISSUE PRICE OF RM1.00 PER RIGHTS RPS ("RIGHTS ISSUE WITH WARRANTS") Amount 2.0000 : 10.0000 Ex Date 02-Feb-2021 Entitlement Date 03-Feb-2021
Bob, I listen to leno advise that above RI is to reward the shareholders so I subscribed to my entitlement plus 10% excess apication.
Later I sold all the Insas- WC and Insas-PB and bought Insas that result in me holding 2+ million Insas share.
Post backdoor listing of M&A via SYF will enable M&A to raise its corporate profile, its future equity and debt funding requirements through the financial and capital market independently from Insas Group. Hence post RTO Insas should have more than enough free cash to reward shareholders with better dividends.
Investment like golf playing: know your handicap, your golf clubs, slope rating, sand trap, water hazard and crocodile in the water, the weather, wind direction, field texture and field topographic, concentrate and not distress by cheers and jeers, be patient and waiting for perfect condition to score a hole in one.
Investment is a contest between you and the market but the reward is enjoying the journey, relaxation, learning and companion of the right minded people is priceless.
It's totally unfair since Mike only post here and not PA..?? Any comments on the said stock.. We need ur comments btw.. Thanks.. with Ular better still.. more POWER!
Hehee.. I bought too early before Ular and Mike join the site.. PA.. If buying with Ular and Mike - then now will be totally leading the WAY TO THE BANK... My timing very poor..
Posted by Mikecyc > 14 minutes ago | Report Abuse
Haha you did not get PA CNY Angpow ke .. as Ular got leh as posted in HRC …
@Mikecyc. 1) Callvin : Loss naked in most of its promoted stocks … each month 4 to 5 stocks … Highest Record is 15 stocks per month before Ran Road for 3 months started December 2020 -------------------------------------------------------- Calvin will be presenting in i3 forum soon, u bring along rotten eye for him lah
Okay, I made a mistake referencing the price for RGTech. Instead I mistakenly uses RGTBhd. So RGTech was at RM0.36 which is the same price when you recommended. See... I dare to admit my mistake when pointed out. Wakaka.
Anyway, will still wait for 27 Jul 2023 to further respond or comment to your post. at the mean time, do continue with Chui Kong Lam Pa song moment. wakaka.
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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....
Sslee
5,932 posts
Posted by Sslee > 2023-04-16 11:23 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 132,604,152 NEW REDEEMABLE PREFERENCE SHARES ("RIGHTS RPS") IN INSAS TOGETHER WITH UP TO 331,510,380 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 RIGHTS RPS AND 5 WARRANTS FOR EVERY 10 EXISTING ORDINARY SHARES HELD BY THE ENTITLED SHAREHOLDERS, AT 5.00 P.M. ON 3 FEBRUARY 2021 AT AN ISSUE PRICE OF RM1.00 PER RIGHTS RPS ("RIGHTS ISSUE WITH WARRANTS")
Amount 2.0000 : 10.0000
Ex Date 02-Feb-2021
Entitlement Date 03-Feb-2021
Bob,
I listen to leno advise that above RI is to reward the shareholders so I subscribed to my entitlement plus 10% excess apication.
Later I sold all the Insas- WC and Insas-PB and bought Insas that result in me holding 2+ million Insas share.