good news !!!! 20th April 2021 - KUALA LUMPUR – Bina Puri Holdings Bhd (‘Bina Puri” or the “Company” has successfully secured a new international contract worth Nepalese Rupee NRs. 5.2billion (equivalent to about RM183 million) for the New Construction Project of Supreme Court Building Complex
Ya i think ooi chieng sim atta bhd boss the person in jail now.if not bina puri boss will be him .he can easily control bina puri based on current cheap price pressed down by tee hock seng
BSL CORPORATION BERHAD ("BSLCORP" OR THE "COMPANY") PROPOSED RIGHTS ISSUE WITH WARRANTS
Renouncable rights issue of up to 2,354,494,986 new ordinary shares in the Company ("BSLCORP Shares” or “Shares”) (“Rights Shares”) together with up to 981,039,577 free detachable warrants in the Company (“Warrants B”) on the basis of 12 Rights Shares together with 5 free Warrants B for every 2 existing Shares held by the entitled shareholders of the Company (“Entitled Shareholders”) on an entitlement date to be determined.
1. For illustrative purposes, an indicative issue price of ...... RM0.045...... per Placement Share (“Indicative Placement Issue Price”) represents a discount of approximately 9.82% to the 5D-VWAMP of Bina Puri Shares up to and including LPD of RM0.0499 per Share. Based on the Indicative Placement Issue Price, the Proposed Private Placement will raise gross proceeds of approximately RM21.57 million.
2. In any event, the discount of the issue price of the Rights Shares shall not be more than 30% of the TERP. For illustrative purposes, an indicative issue price of ...... RM0.035 .... per Rights Shares (“Indicative Rights Issue Price”) would represent a discount of approximately 20.27% to the TERP of Bina Puri Shares of approximately RM0.0439 per Share calculated based on the 5D-VWAMP of Bina Puri Shares up to and including LPD of RM0.0499 per share.
BINA PURI HOLDINGS BHD ("BINA PURI" OR THE "COMPANY")
(I) PROPOSED PRIVATE PLACEMENT (II) PROPOSED RIGHTS ISSUE WITH WARRANTS
(a) private placement of 479,293,900 new ordinary shares in Bina Puri (“Shares” or “Bina Puri Shares”), representing 30% of the existing number of issued Bina Puri Shares, to independent investor(s) to be identified (“Proposed Private Placement”); and
(b) renounceable rights issue of up to 1,659,793,300 new Bina Puri Shares (“Rights Shares”) together with up to 331,958,660 free detachable warrants (“Warrant(s) B”) on the basis of 2 Rights Shares for every 3 existing Bina Puri Shares held together with 1 Warrant B for every 5 Rights Shares subscribed on an entitlement date to be determined later (“Proposed Rights Issue with Warrants”).
Kindly refer to the attachment on further details of the Proposals. This announcement is dated 21 June 2022.
================ Massive fund raising via share issuance to PP and rights issue Directors asking for money from shareholders again.
================ Current NOSH = 1,597,646,237 will increase and exceed 3.5 BILLION shares upon implementation of above proposal
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!! Announcement dated 2 August 2022
=================== Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
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....
Icon 888
2,215 posts
Posted by Icon 888 > 2022-04-06 01:10 | Report Abuse
Buy buy