but no worry .. this company looks strong with current ongoing and future projects ... Still valuable in the future .. Could be highly profitable in future .. Time to grab now or add some more ...
The Proposed Rights Issue with Warrants will now involve the issuance of up to 1,101,480,437 Rights Shares together with up to 1,101,480,437 free Warrants D to be implemented on a renounceable basis of 3 Rights Shares together with 3 free Warrants B for every 4 existing Shares held by the Entitled Shareholders on the Entitlement Date at an issue price to be determined and announced by the Board at a later date.
Basis and justification of determining the issue price of the Rights Shares and the exercise price of the Warrants D Reference is made to Section 2.4 of the First Announcement. The illustrative issue price of RM0.04 per Rights Share represents a discount of 13.23% to the TEAP of the Shares of RM0.0461, calculated based on the 5- day VWAP of the Shares up to and including the LPD of RM0.0552 and assuming an illustrative exercise price of RM0.04 per Warrant D. The illustrative exercise price of RM0.04 per Warrant D represents a discount of 13.23% to the TEAP of the Shares of RM0.0461, calculated based on the 5- day VWAP of the Shares up to and including the LPD of RM0.0552 and assuming an illustrative issue price of RM0.04 per Rights Share
@whistlebower99. Do you think that a company without any plans to do businesses is better than a company which has a plan to do businesses? What kind of THE BLIND PARROT company analyst you are. The cheap plug spammer. Haish
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....
SK1200
855 posts
Posted by SK1200 > 2021-04-21 10:52 | Report Abuse
Collect collect