1. Its price up long before vaccine mou, not after the mou 2. It has never contacted with Chinese vaccine suppliers but the mou was with Kanger 3. Its main business is to acquire sinaran advance group with assumed listing of SAG 4. Pls refer to the latest news
announce that the High Court of the Republic of Singapore had on 22 January 2021 granted an order for the Company to convene the meeting with its shareholders and the holders of K-Star Warrants to obtain their respective approvals for the Proposed Internal Reorganisation
1. I don't agree price up because vaccine Mou It was up to a ringgit before the the vaccine Mou with kanger. To say price up because of vaccine with China is misleading 2. The main corporate structuring is the reorganization of business internally by acquiring the construction company named sinaran advance group in Malaysia
3. To resume the listing of SAG after final approval. This so important that never mentioned.
I wonder if it's announcement being read n understand
Main point s 1. Registered in Singapore, listing in Malaysia 2. Key business in China , shoes 3. Loss making 4. To acquire Sinaran advance group by issueing shares 5. SAG to take over listing , reverse take over if you like to say. 6. Bursa approved 7. court of Singapore approved 9. To distribute vaccine ,Mou with kanger recently 10. Major business then will be construction.
This selldown is all because of one party who had pledged his shares to UBS and the bank exercised their right to rehypothecate the shares and sold down all the way. This had all been done with.
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....
Citadel00
633 posts
Posted by Citadel00 > 2021-01-22 16:36 | Report Abuse
all sozai bought rubbish then trapped !!!