Come on guys be sensible. I have never heard a company suspended to announce PN17 haha. What a joke. There is for sure about new investors as reported by the edge and the star. Look at Scomies which is surging, it can’t go wrong. Perhaps there are something more than that, ie more than one announcement/good news.
i would expect, right now, IJM directors scrambling to get support from other major shareholders, or increasing their stake.... important to keep their position..otherwise they might get replaced by tomorrow morning.
dont care la who will win, we only want 1 thing..price move up,
MULTIPLE PROPOSALS SCOMI GROUP BHD ("SGB" OR THE "COMPANY")(I) PROPOSED SHARE CAPITAL REDUCTION;(II) PROPOSED SHARE CONSOLIDATION;(III) PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS;(IV) PROPOSED RESTRICTED ISSUE; AND(V) PROPOSED LIABILITIES SETTLEMENT 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
1. there is additional investment from Tan Sri Nik Awang @ Wan Azmi Bin Wan Hamzah and Gelombang Global Sdn Bhd of RM21million each totaling RM42million; and
2. Tan Sri Nik Awang @ Wan Azmi Bin Wan Hamzah and Gelombang Global Sdn Bhd will pay the RM42million in advance as loan subject to interest to replace the loan of RM20million by Sharp Ascend Ltd, hence there will be an additional RM22million cash flow.
No one will want to invest into a dead company. That means Scomi is alive!
Full settlement of MBB loan of RM118 million for RM38miillion !! Why MBB do not offer to ordinary delinquent customers such a scheme to settle their problems ?
2. Tan Sri Nik Awang @ Wan Azmi Bin Wan Hamzah and Gelombang Global Sdn Bhd will pay the RM42million in advance as loan subject to interest to replace the loan of RM20million by Sharp Ascend Ltd, hence there will be an additional RM22million cash flow.
-- i dont think that 42 mi to replace 20 mil loan pledge by SAL. That aggrement has lapsed but perhaps after knowing TSWA come into the picture in a big way, they must have overlooked something, and decided to honor that 20 mil...i guess SAL though Scomi not worth to invest
OMG, can't believe Sino Billionaire commenting in i3! Since he is here, that's mean world prominent businessman also interested in Scomi! Hahahahahahaha
Wah what happening?! Bad news also can limit up??? Obviously buaya want dispose their tickets before shares consolidate.
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Posted by fl888 > 2019-07-18 09:59 | Report Abuse
Too big to fail for Scomi that why so hard to announce without creating panic buying of this stock..lol