Double top is forming now. If Asiapac can close above 0.32 with high volume, then it will be fantastic. If decline, it must not drop below 0.30. Else not good sign
1. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? No Types of corporate proposal : ESOS Details of Corporate Proposal : Exercise of Employees Share Option Scheme No. of shares issued under this corporate proposal: 535,000 Issue price per share ($$) : MYR 0.200 Par Value ($$) : MYR 0.200 Latest issued and paid up share capital after the above corporate proposal in the following Units : 981,859,210 Currency : MYR 196,371,842.000 Listing Date : 08/08/2014 Remarks :
Asian Pac Holdings Berhad (“Asianpac” or “the Company”) Proposed acquisition of 91.367 acres of freehold land held under H.S.(D) 28646, PT 4021, Mukim of Semenyih, District of Hulu Langat, State of Selangor by BH Builders Sdn Bhd (“BH Builders” or “Purchaser”) a wholly-owned subsidiary of Asianpac, from Vee Seng Development Sdn Bhd (“Vee Seng” or “Vendor”) for total consideration of RM17,511,764.60 (“Proposed Acquisition”)
Of course the exact location will be key. But at less than half the psf price paid by EcoWorld and SP Setia, do you guys think this deal will be profitable when launches are made??
Whether this announcement is positive of negative is quite apparent.
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Posted by kktom > 2014-08-01 14:39 | Report Abuse
any comment on MKLand?