lehubeng retailers can only acquire at 0.025 and dispose at 0.02.... MT23 acquire and dispose at same price, 0.025? ------- many have been trapped for so long liao....pergghhh NO CURE
Directors still busy with fund raising via shares issuance
Details of corporate proposal Private placement of up to 10% of the total number of issued shares of Borneo Oil Berhad No. of shares issued under this corporate proposal 100,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0218 Latest issued share capital after the above corporate proposal in the following Units 9,336,117,079 Listing Date 07 Oct 2022
Non stop fund raising by directors via share issuance to PP, ESOS More dilution of shareholders equity % and EPS NOSH keep rising toward 10 BILLION shares !!!
=============== Types of corporate proposal Private Placement Details of corporate proposal Private placement of up to 10% of the total number of issued shares of Borneo Oil Berhad No. of shares issued under this corporate proposal 70,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0217 Latest issued share capital after the above corporate proposal in the following Units 9,418,617,079 Listing Date 21 Oct 2022 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3300531
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
============= Be careful holding high NOSH penny stocks, many of which had done shares consolidation
On behalf of the Board, UOBKH wishes to announce that 110,000,000 Placement Shares issued pursuant to the Private Placement were listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Wednesday, 26 October 2022. This announcement is dated 26 October 2022. -------- Dem...!! Non Stop FLOODING 1.5 sen anytime WC & WD to RIP { Rest In Peace } any time
Be careful holding high NOSH penny stocks, many of which had undergone shares consolidation and rights issue to raise more fund for directors utilisation
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
iii. proposes to undertake a private placement of up to 30% of the total number of issued shares of Bornoil ("Proposed Private Placement"). ------- DEAD RAT......!!
On behalf of the Board of Directors of Bornoil ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company:-
i. had on 28 October 2022, entered into a conditional share sale agreement with Global 2332 Ltd for the acquisition of a 30.73% equity interest in Makin Teguh Sdn Bhd for a purchase consideration of RM100,000,000 to be satisfied entirely in cash ("Proposed Acquisition"); ii. proposes to diversify the existing principal activities of Bornoil and its subsidiaries to include the manufacturing and trading of clinker, cement and related products ("Proposed Diversification"); and iii. proposes to undertake a private placement of up to 30% of the total number of issued shares of Bornoil ("Proposed Private Placement").
================= Directors spending lots of money to acquire 30.73% equity interest in Makin Teguh Sdn Bhd. RM100 MILLION !!! Sellers will be very happy to get the money !!! Directors also proposes to undertake a private placement of up to 30% of the total number of issued shares of Bornoil ("Proposed Private Placement")
================ Be prepared for more dilution of your shareholdings equity % and EPS if any Massive share issuance to PP to increase the NOSH towards 15 BILLION shares in near future
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
============= Be careful holding high NOSH multi year loss making penny stocks, many of which had done shares consolidation
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....
lehubeng
1,079 posts
Posted by lehubeng > 2022-09-27 07:24 | Report Abuse
acquired at what price? disposed at what price? trading at open market? insider trading? manipulating the market, illegal activity?