Posted by whistlebower99 > 2 months ago | Report Abuse
FOR NEWBIES
TWL HOLDINGS BERHAD (FORMERLY KNOWN AS TIGER SYNERGY BERHAD) ("TWL" OR THE "COMPANY") PRIVATE PLACEMENT
On behalf of the Board, Mercury Securities wishes to announce that the Board had on 5 April 2022 (“Price-fixing Date”) fixed the issue price for the placement of 50,000,000 Placement Shares, being the sixth tranche of the Private Placement, at RM0.0573 per Placement Share (“Issue Price”).
https://www.klsescreener.com/v2/announcements/view/3529545
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On behalf of the Board, Mercury Securities wishes to announce that the Board had on 4 April 2022 (“Price-fixing Date”) fixed the issue price for the placement of 214,000,000 Placement Shares, being the fifth tranche of the Private Placement, at RM0.0552 per Placement Share (“Issue Price”).
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On behalf of the Board, Mercury Securities wishes to announce that the Board had on 31 March 2022 (“Price-fixing Date”) fixed the issue price for the placement of 65,000,000 Placement Shares, being the fourth tranche of the Private Placement, at RM0.0495 per Placement Share (“Issue Price”).
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On behalf of the Board, Mercury Securities wishes to announce that the Board had on 30 March 2022 (“Price-fixing Date”) fixed the issue price for the placement of 65,000,000 Placement Shares, being the third tranche of the Private Placement, at RM0.0464 per Placement Share (“Issue Price”).
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Be prepared for the listing of above 394 million shares coming soon.
After completion of recent fund raising via rights issue, directors continue with more fund raising via share issuance to PP
More dilution to shareholder equity % and EPS
NOSH = 2,807,120,217 will continue to rise toward 3 BILLION shares
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Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
TAYOR