This stock is too hot to handle, too many peoples aware already susah sikit-la, I would said can earn elsewhere, see equal amount of millions of volume bid/sell also tak larat d
Permaju Industries Bhd is believed to have won a construction contract worth about RM1.2 billion to undertake a massive property development project in Selangor.
Sources in the construction industry said that the contract was awarded by a reputable developer who owns a big plot of land in the Seri Kembangan/Serdang area, located to the south of Kuala Lumpur city centre and about 15km from Cyberjaya.
It is understood, the contract is to build more than 7,000 units of apartments over the next six to seven years.
The highest tower in this development will stand at a height of over 50 floors which may make it the tallest structure in the Seri Kembangan/Serdang area.
May be the official announcement will be out very soon. 7000 units of residential in 6 years . Gross value about 2.4 b Hopefully Permaju will get this construction project...: )
Market News Additional Listing Announcement /Subdivision of Shares
Additional Listing Announcement /Subdivision of Shares PERMAJU INDUSTRIES BERHAD
1. Details of Corporate Proposal Involve issuance of new type/class of securities ? No Types of corporate proposal Conversion of Preference Shares Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares No. of shares issued under this corporate proposal 885,600 Issue price per share ($$) Malaysian Ringgit (MYR) 0.2500 Par Value($$) (if applicable) Malaysian Ringgit (MYR) 0.000 Latest issued share capital after the above corporate proposal in the following Units 639,937,822 Issued Share Capital ($$) Malaysian Ringgit (MYR) 326,379,503.370 Listing Date 08 Mar 2021
Announcement Info Company Name PERMAJU INDUSTRIES BERHAD Stock Name PERMAJU Date Announced 05 Mar 2021 Category Additional Listing Announcement /Subdivision of Shares Reference Number ALA-17022021-00014
@buffetonweed there is no fact. is a gut feeling. based on malaysia stock trend, it will shoot. just need to wait the timing. AWC, DIY, Scomnet are very good example. hahaha
it wont break thru 0.2 so soon. there is many skeptical investor are selling fast at 0.185. unless a big wave of investor or good news on permaju direction. at least hold 12 month to break 0.5
Guys btw. Under the agreement, Genbayu Gemilang will lease the required land to Cubetech Asia at no cost to undertake the project. The former will hold a 70% stake in Cubetech Asia, while Vsolar will hold the remaining 30% equity interest.
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Posted by hengonghuat88888888 > 2021-03-05 01:03 | Report Abuse
but i think less chance to win la.