Anyone interested, volume high today.....price went up to 69 cents & closes at 64 cents. TP is 75 cents.
Rights issues with free warrants had been approved on 6th April 2012...
Type : Announcement Subject :
GENERAL MEETINGS OUTCOME OF MEETING
Description :
TAMBUN INDAH LAND BERHAD ("Tambun Indah" or "the Company")
(i) Proposed Rights Issue with Warrants; and
(ii) Proposed Employees' Share Option Scheme
(Collectively, referred to as the "Proposals")
Announcement Details/Table Section :
We refer to the earlier announcements dated 20 March 2012 and 22 March 2012 in relation to the Notice of EGM and the Circular to shareholders dated 21 March 2012.
On behalf of the Board of Directors of Tambun Indah, MIDF Amanah Investment Bank Berhad wishes to inform that the shareholders of the Company have today at the Extraordinary General Meeting ("EGM") approved all the ordinary resolutions as set out in the Notice of EGM dated 21 March 2012 save for Ordinary Resolution 8, which was not put forward for voting as Dato' Mohamad Nadzim Bin Shaari had resigned as the Independent Non-Executive Director of the Company, as announced by the Company on 22 March 2012.
Correct me if I'm wrong - I thought the exercise price for the warrants 0.50. So if you pay 0.15 for the warrants now, you're paying too much since the mother share is only 0.51
warrant ex price is 0.60, 5 years. ratio 1:1... if you buy now at 0.15, after 5 years, assume mother price is 0.61 (lowest for exercise), then you can change ur warrant to become mother ... 0.61 - 0.15 = 0.46 ...
Just went to see its houses at simpang empat recently. Gotta say the quality of the houses really disappoints me... But Pearl Villas still manage to sell out its units despite the expensive pricing - don't understand why???
So you're saying the prices of the houses there are goreng up up by these speculative investors instead of buyers? Hmm... Will they continue to goreng it? Should I buy the stock now at RM7.10??? dizzy...
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Posted by chong > 2012-04-12 17:24 | Report Abuse
Anyone interested, volume high today.....price went up to 69 cents & closes at 64 cents. TP is 75 cents.
Rights issues with free warrants had been approved on 6th April 2012...
Type
:
Announcement
Subject
:
GENERAL MEETINGS
OUTCOME OF MEETING
Description
:
TAMBUN INDAH LAND BERHAD ("Tambun Indah" or "the Company")
(i) Proposed Rights Issue with Warrants; and
(ii) Proposed Employees' Share Option Scheme
(Collectively, referred to as the "Proposals")
Announcement Details/Table Section :
We refer to the earlier announcements dated 20 March 2012 and 22 March 2012 in relation to the Notice of EGM and the Circular to shareholders dated 21 March 2012.
On behalf of the Board of Directors of Tambun Indah, MIDF Amanah Investment Bank Berhad wishes to inform that the shareholders of the Company have today at the Extraordinary General Meeting ("EGM") approved all the ordinary resolutions as set out in the Notice of EGM dated 21 March 2012 save for Ordinary Resolution 8, which was not put forward for voting as Dato' Mohamad Nadzim Bin Shaari had resigned as the Independent Non-Executive Director of the Company, as announced by the Company on 22 March 2012.
This announcement is dated 6 April 2012.