RISE OF DIESEL PRICE BY 52% CAUSED PROPERTY, CONSTRUCTION AND OTHERS CUT INTO THEIR PROFITS, BETTER BUY EAST MALAYSIA OIL PALM STOCKS DUE TO NO DIESEL PRICE SPIKE, Calvin Tan
On behalf of the Board, UOBKH wishes to announce that Bursa Securities has, vide its letter dated 20 August 2024, resolved to approve the following:-
Proposed Share Split; and listing of and quotation for such number of new CCB Shares, representing up to 10% of the total number of issued shares of CCB, to be issued pursuant to the Proposed ESOS.
Just need to wait for EGM , then within next month will see the final approval from Bursa. Thence is the new shares listing and trading. Very happy to see your money grow with Crescendo!
6 Sept EGM - Approval 9 Sept send to Bursa for final approval for listing 12 Sept Bursa grant approval 23 Sept completion of share split 25 Sept New share ready for trading 28 Sept Q2 result out - expect to make 80 sen per share or more, announce special dividend
Up to you to buy more. I have reached my maximum quota for Crescendo. Even though I know it will perform, but I prefer to spread my risk.
Will moderate by rise of 5% to 30% construction cost due to 52% diesel price rise Will moderate by rise of 5% to 30% construction cost due to 52% diesel price rise
So hng33
DUFU better option
DUFU (7233) OVERSOLD & TOP REASONS WHY IT HAS THE MOST POTENTIAL NOW FOR UPSIDE, Calvin Tan
6 Sept EGM - Approval 9 Sept send to Bursa for final approval for listing 12 Sept Bursa grant approval 23 Sept completion of share split 25 Sept New share ready for trading 28 Sept Q2 result out - expect to make 80 sen per share or more, announce special dividend
EGM today approved all resolutions including share split and land sale to Digital Halo for rm 115.9 million. Estimated gain from this disposal is rm 72 million or 25 sen a share, to be completed by Oct 2024. Profit will be reflected in Q3 result ending 31 Oct 2024.
On behalf of the Board, UOBKH wishes to announce that the Conditions Precedent set out in the SPA have been duly fulfilled. Accordingly, the SPA has become unconditional in accordance with its terms and conditions on 6 September 2024.
Crescendo share price will face irratic & more downside now that share split will invite lots of traders & operator to pump n dump the stocks. Most stocks undergone such trend when NOSH become so affordable
Professionalism and efficiency of Crescendo Management again demonstrated in its share split exercise. Declared on 23 July, completion by 25 Sept. Check to see if your split shares already admitted to your accounts. For me, mine (in 2 accounts) already fully credited.
Refer to the downloaded report above : Additionally, Crescendo aims to launch a serviced apartment project near the "RTS TERMINAL" in Bukit Chagar in the second half of FY2025, featuring about 1,200 units with a gross development value of of RM1 billion.
Cresendo is a lucky company with visionary. The project nearby Singapore would be of great demand as it is situated close to the RTS TERMINAL, a connection between Johor Baru and Singapore. By the time of the development would to begin, I hope Crescendo would reserve certain units for the Malaysians, otherwise the Singaporeans and other foreigners would rush to grab the units. Those working in Singapore if could afford would definitely prefer to own the units as they would have the convenience to travel daily to and fro within a short distance and could avoid the traffic jams by taking the train to and back from Singapore.
I have never known that Crescendo also owns some valuable land near Bukit Chagar which is a short distance to Singapore until i notice it from the report. Those lands would be much sought after and appreciate in value whether at present or in the future.
2024 , 2025 and beyond would be another bumper harvest years for Crescendo with abounding sales of valuable properties especially those are strategically located in the Southern Johor. Just my opinion.
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....
ks55
4,242 posts
Posted by ks55 > 2024-08-14 08:33 | Report Abuse
https://www.thestar.com.my/business/business-news/2024/08/13/bull-runin-sight
Bull run on the way