Omg, I bought in 3,000 units with rm 0.68. Which mean I need mct raise until rm 5 only can recover my cost? 3,000 * 0.68: rm 2040 Minus 3,000*0.61: rm 1830 Rm 210 lost!! After get 45 shares x rm 5: rm 225 only can recover the cost? Is my calculation correct? -.- If i sell now with 0.64, my lost will be rm 120. So sell now is better? HELP me pls!! I am still new to stock market :(
People who bought above 62.5 sen are in a bad position. At 62.5 sen, after capital repayment, capital consolidation and the free shares given by new owners, the effective cost per rm1 par value share is rm1. Everybody who bought above 62.5 sen just like me will have an incredibly high cost. :(
By right, instead of as a capital repayment, the 61 sen should be given as a dividend so that there is no capital reduction and consolidation. There is no need for a capital reduction and consolidation. In fact, with this capital reduction and consolidation, it is better that the company does not make the capital repayment. This is so detrimental to minority shareholders.
if you are holding GWPlastic shares...time is running out as you hv until 22nd Jan to decide what you want to do with the shares... GW Plastic shares will be suspended with effect from 9.00 a.m., Thursday, 23 January 2013 to facilitate the implementation of the Capital Repayment
GW PLASTICS HOLDINGS BERHAD
LISTING'S CIRCULAR NO. L/Q : 69642 OF 2014
Kindly be advised that trading in the above Company's shares will be suspended with effect from 9.00 a.m., Thursday, 23 January 2013 to facilitate the implementation of the Capital Repayment.
Your attention is drawn to the Company's announcement dated 10 January 2014 and Notice to Shareholders dated 13 January 2014.
ISKANDAR Malaysia has always been the influencing factor in Johor property, but Klang Valley-based developer MCT Consortium Bhd believes it’s time buyers and investors zoomed into the different flagship zones and look at what each has to offer.
MCT’s development in Medini is a near replica of the third phase in its flagship mixed development in USJ Subang called OneCity.
Like that phase, d’Pristine @ Medini will integrate two blocks of small office flexible offices (SoFos), an office block, a hotel and a mall as the base of all these components.
With a gross development value of RM850mil, d’Pristine is strategically sited across the road from the entrance of the Legoland theme park, and will be a stone’s throw away from other facilities under construction, like Gleneagles, Afiniti urban wellness centre by Khazanah Nasional Bhd and Singapore’s Temasek Holdings (Pvt) Ltd, and a transportation hub which is being planned.
At the back of the project is a lake and linear park that will be managed by the authorities.
The SoFos are already 70% sold, with 60% of the buyers from Singapore and some from Taiwan and Japan.
“We have plans to manage the SoFos as well, to help our investors, especially those overseas, manage their units here,” he says.
About 1,265 SoFo units in d’Pristine are priced between RM600 and RM800 per sq ft. In the Flagship A property market, similar properties are going at over RM1,000 per sq ft.
The units range from one-room at 644 sq ft to 3+1 rooms at 1,416 sq ft.
As for the 32-storey Grade A offices, the group is considering selling en bloc or floor by floor, depending on the demand.
“Many Singaporean companies or multinationals are prepared to relocate their back-end offices to Medini, while still having their headquarters in Singapore for the address.
MCT will retain the mall and four-star hotel for ownership and recurring income. “We want to show our buyers our commitment by maintaining our ownership so that we will have a say in the whole project,” Soo says.
The three-storey mall will have about 460,000 sq ft of net lettable space while the hotel is designed with 300 rooms.
Although plans for the hotel are not finalised, Soo says it would likely be managed by MCT.
Target for completion of the d’Pristine project will be in late-2017 or early 2018.
MCT will be listed via a reverse take-over of GW Plastics Holdings Bhd. The property group is in the process of finalising its audited interim financials for the purpose of inclusion into the circular for the proposed regularisation plan, which it had resubmitted to the Securities Commission last week.
The corporate exercise could be completed by the last quarter this year.
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AK2899
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Posted by AK2899 > 2014-01-10 12:59 | Report Abuse
Yeoh Soo Ann , Lim Kok Boon u too born with no brain and eat shit big ?