Property Development & Construction-The division recorded a profit of RM1.961 million before tax mainly due to higher margin from construction works and lower administration expenses.
TWL said the fund raised from this issuance, which would range from RM25 million to RM111.3 million, would be mainly used to undertake three affordable housing development projects under the Rumah Selangorku scheme, comprising a total of 2,600 housing units, with a total gross development value of RM624 million.
3 project with total GDV of RM624m under the Rumah Selangorku scheme, time for TWL to move up !
Date for commencement of trading of rights 22 May 2023 Date for cessation of trading of rights 29 May 2023
TWL-OR traded at lowest price of 0.005 seller quote This could be indication that retail investors are not keen on RCULS subscription More likely RCULS subscriptions will be supported by director-linked company, proxies, operators and friendly penny stocks company directors (using company fund raised from share issuance)
============== Acceptance and Payment 06 Jun 2023 05:00 PM Excess share application and payment 06 Jun 2023 05:00 PM
=================== Take note of next important dates :- Date for announcement of final subscription result and basis of allotment of excess Rights Securities 14 Jun 2023
Too heavy mother and babies for price influencer to move the price up
====================== Be careful holding high NOSH low price loss making penny stocks, many of which had undergone share consolidation causing huge losses to holders
=================== Could be another BORNOIL, FINTEC, FOCUS in the making, look at their NOSH and prices
EN10 project, EN11 project, and HT4 project have a gross development value (GDV) of RM171.7 million, RM179 million, and RM273.3 million, respectively, bringing the total GDV of the projects to RM624 million.
Why scare TWL wont go up? Prospect looking good so far
If got point tell la..keep to yourself and than keep repeating the same thing for what. You want to create awareness you tell everything liao. People than only trust you.now you like the scammer wor..
RENOUNCEABLE RIGHTS ISSUE OF UP TO RM111,279,632 NOMINAL VALUE OF 5,563,981,607 5-YEAR 5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS IN TWL HOLDINGS BERHAD ("TWL" OR THE "COMPANY") ("RCULS") AT 100% OF ITS NOMINAL VALUE OF RM0.02 EACH TOGETHER WITH UP TO 1,112,796,321 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS E") ON THE BASIS OF 10 RCULS TOGETHER WITH 2 FREE WARRANTS E FOR EVERY 10 EXISTING ORDINARY SHARES IN THE COMPANY HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 MAY 2023
============== Details of such valid acceptances and excess applications received are as follows:-
____________________________________________________No. of RCULS % of total issue Total valid acceptances____________________________2,309,755,188 56.51 Total valid excess applications_____________________304,664,869 7.46 Total valid acceptances and excess applications___2,614,420,057 63.97 Total RCULS available for subscription_____________4,087,095,117 100.00 Not subscribed for_________________________________1,472,675,060 36.03
Successful applicants of the RCULS will be given Warrants E on the basis of 2 Warrants E for every 10 RCULS successfully subscribed for.
============ Only 63.97 % of rights issue of RCULS are subscribed Under subscribed by 36.03% !!! Retail investors probably fed up with directors for frequent fund raising
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....
8ackwoods
61 posts
Posted by 8ackwoods > 2023-05-31 15:23 | Report Abuse
Don't worry be happy , TWL are going to make it to the top, 0.10 by next month !