Avoid from this, let them play themselves..most shares are under their control.. Last few closing purposely buyer come out and close at seller price..who want spend more cost to close at high price? Guess the buyer should not be retailers...
Private placement of up to 107,083,588 new ordinary shares of RM0.10 each in ECB ("ECB Share(s)") ("Placement Share(s)"), representing up to ten percent (10%) of the issued and paid-up share capital of ECB ("Private Placement")
No. of shares issued under this corporate proposal 36,000,000
The Board of Directors of ECB (“Board”) wishes to announce that Tashima Development Sdn Bhd (“TDSB”), a wholly-owned subsidiary of ECB, had on 10 June 2016 entered into a conditional sale and purchase agreement with AmTrustee Berhad (“AmTrustee”), being the trustee of Hektar Real Estate Investment Trust (“Hektar REIT”) which is listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”), for the proposed disposal of the following for a cash consideration of RM104.0 million (“Disposal Consideration”) (“SPA”) (“Proposed Disposal”): (i) the 1Segamat Property (as defined in Section 2.1.1 of this announcement); and (ii) the Car Park Rights (as defined in Section 2.1.2 of this announcement). (The 1Segamat Property and Car Park Rights are collectively referred to as “Subject Property”).
The Board of Directors of ECB (“Board”) wishes to announce that Tashima Development Sdn Bhd (“TDSB”), a wholly-owned subsidiary of ECB, had on 10 June 2016 entered into a conditional sale and purchase agreement with AmTrustee Berhad (“AmTrustee”), being the trustee of Hektar Real Estate Investment Trust (“Hektar REIT”) which is listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”), for the proposed disposal of the following for a cash consideration of RM104.0 million (“Disposal Consideration”) (“SPA”) (“Proposed Disposal”): (i) the 1Segamat Property (as defined in Section 2.1.1 of this announcement); and (ii) the Car Park Rights (as defined in Section 2.1.2 of this announcement). (The 1Segamat Property and Car Park Rights are collectively referred to as “Subject Property”)
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....
WaTakTau Anythings
186 posts
Posted by WaTakTau Anythings > 2016-02-10 09:45 | Report Abuse
Asia market looks like not good
Can wait and collect at 0.23/0.235 dy?