7123 PWORTH PRICEWORTH INTERNATIONAL BHDAdditional Listing Announcement /Subdivision of Shares1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Private Placement Details of corporate proposal : PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN PWI ("PWI SHARES" OR "SHARES") ("PLACEMENT SHARES") OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF PWI (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT") No. of shares issued under this corporate proposal : 100,000,000 Issue price per share ($$) : 0.0270 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 4,504,414,724 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 377,475,059.000 Listing Date : 23/09/2020 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
I check back the company actually making money on year 2015 with the average montly production log only 4000, in last month production already 7780, i am sure the company will start making money very soon, the only concern is the company stop production for 1 years + and that impact the cash flow, with the currect PP even will dilute the EPS, but that should help company could make a come back very soon.
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....
Posted by atmw81 > 2020-09-19 17:40 | Report Abuse
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