On behalf of the Board, Mercury Securities wishes to announce that on 9 July 2020, Ta Win has entered into the following agreements: (i) SSA with the Vendor, namely Lim Aik Gee, for the proposed acquisition of 1,747,581 ordinary shares in Sin Line Tek, representing approximately 30.0% of the enlarged issued share capital of Sin Line Tek after the completion of the Proposed Investment (approximately 38.0% of the existing issued share capital of Sin Line Tek) for a Purchase Consideration of approximately RM12.2 million, to be satisfied via a combination of new Ta Win Shares and cash; 。 。
The issue price for the Consideration Shares was fixed at RM0.10 per Consideration Shares,
To be satisfied via the issuance of 80,000,000 Consideration Shares at an issue price of RM0.10 per Consideration Share。
There take over potential business as a subsidiary.People throw because of Covid-19 increase in US.Please,the world will recover its economy from Covid-19. So its impact the market in Asia region.But its a liquidity driven market.I see it can up back.The investment bankers just to conservative in the market.If tht happen,many company in undervalue prices compare with its NTA.
based on the volume and movement u should know tawin is very much controlled by syndicates.....so all depending on them.....however..its pretty safe since its still at lower price
Why worry.after July 2017 the high was 50 over cents.Lowest was in March 2020 3 cents.30 percent retracement is 17 cents, 50 percent retracement 26 cents.Usually it will pass the 30 percent retracement if got patient.
Don't you think so warrant's exercise price revised up from 16.5 sen to 20 sen is a + point. , because 0.165 target can be beaten anytime ? Anyway the warrant maturity date is 2022 ! By that time, maybe they already achieved their target and hedge the price below 0.165 at the midst of August 2022 ? I guess the average prices will be between 0.20+ to 0.30 in the coming months.
People still want to throw.Have confident.See the message below.
Michael Kwok 2252 posts Posted by Michael Kwok > Jul 12, 2020 12:02 PM | Report Abuse X
Why worry.after July 2017 the high was 50 over cents.Lowest was in March 2020 3 cents.30 percent retracement is 17 cents, 50 percent retracement 26 cents.Usually it will pass the 30 percent retracement if got patient.
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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....
reidtee
269 posts
Posted by reidtee > 2020-07-10 11:50 | Report Abuse
hahahaah totally agreed. how come he know insider news and come in tell all of us, sure grab and diam diam lo