from jan 2016 to 29 april 2016 pheng sold more than 100m shares from 8c to 11c.may onward he bought 7.1m shares from 8c to 8.5c .TAK TAHU APA WAYANG DIA MAHU BUAT
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS KINSTEEL BHD ("THE COMPANY") - RECURRENT RELATED PARTY TRANSACTION ("RRPT") The Company wishes to announce that the actual value of the following RRPT of its subsidiary, Perfect Channel Sdn. Bhd. has exceeded the estimated value of the RRPT disclosed in the Circular to Shareholders dated 30 November 2015 of the Company (Estimated Value):-
The Board of Kinsteel wishes to announce that on 17 August 2016, the Company was served with a winding up petition dated 4 August 2016 by Messrs Chan & Associates acting for Jambangan Untung Sdn Bhd (“Petitioner”). The petition shall be heard in the High Court of Malaya, Kuantan (“Court”) on 3 November 2016.
Please refer to the attachment for the details.
This annoucement is dated 18 August 2016
HOW? PRICE CAN STILL GO UP AH? WON'T GET DELISTED MEH?
Among the steel companies, kinsteel is worth to buy? How u guys think about this company, Can share? Very appreciate. I interested to invest in steel company, wanna get more opinion from u guys. Worth to invest? Thank you.
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http://www.bursamalaysia.com/market/listed-companies/company-announcements/5068161