prg , very undervalued................. its shareholdings in furniweb listed on HKSE is worth several hundred million ringgit now , if not mistaken check it out...it could be privatised by the largest shareholders
the No1 in prg now is a singaporean if not mistaken,... more and more projects in spore also for prg as expected.... listed in HK, potential new project in China also
market cap is about HKD1.5bil now.... about RM750mil.... prg holds about 63% of furniweb if not mistaken, valued at about RM472.5mil just for this listed subsi.
8480:HKHong Kong Furniweb Holdings Ltd 2.94HKD-0.07-2.33% OPEN 3.01 PREV CLOSE 3.01 VOLUME 64,000 MARKET CAP 1.497B DAY RANGE 2.93-3.03 52 WEEK RANGE 0.29-3.34 25/02/2019 11:20
market cap of prg RM200mil++ was very undervalued..... its 63% shareholdings in furniweb is already worth about RM475Mil based on current market price ... please check it out yourselves... haha
25-Feb-2019 Additional Listing Exercise of Warrants - 3,719,000 shares at 0.375.
21-Feb-2019 Insider DATO' WEE CHENG KWAN (a substantial shareholder) was dealing with company shares on 21-Feb-2019. 21-Feb-2019 Insider DATO' WEE CHENG KWAN (a substantial shareholder) was dealing with company shares on 21-Feb-2019. 21-Feb-2019 Insider DATO' WEE CHENG KWAN (a company director) was dealing with company shares on 21-Feb-2019. 21-Feb-2019 Insider DATO' WEE CHENG KWAN (a company director) was dealing with company shares on 21-Feb-2019. 21-Feb-2019 Insider DATO' WEE CHENG KWAN (a company director) was dealing with company shares on 18-Feb-2019. 21-Feb-2019 Insider DATO' WEE CHENG KWAN (a company director) was dealing with company shares on 18-Feb-2019.
1. Details of corporate proposalWhether the corporate proposal involves the issuance of new type and new classof securities? NTypes of corporate proposal : Exercise of WarrantsDetails of corporate proposal : Exercise of WarrantsNo. of shares issued under this corporate proposal : 3,230,880Issue price per share ($$) : 0.3750Par Value ($$) (if applicable) : 0.000Latest issued share capital after the above corporate proposalIn the followingUnits : 322,698,374Issued Share Capital ($$) : Malaysian Ringgit (MYR) 88,247,666.800Listing Date : 07/03/2019Remarks:You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
PRG HOLDINGS BERHAD ("PRG" OR THE "COMPANY") DISPOSAL OF 13,000,000 ORDINARY SHARES IN FURNIWEB HOLDINGS LIMITED ("FURNIWEB") ("FURNIWEB SHARES"), REPRESENTING 2.58% EQUITY INTEREST IN FURNIWEB FOR A TOTAL CASH CONSIDERATION OF HKD26,000,000 AT HKD2.00 PER FURNIWEB SHARE
Furniweb Holdings Limited ("Furniweb"), a 63.0% owned subsidiary of PRG Holdings Berhad listed on the GEM of The Stock Exchange of Hong Kong Limited ("HKEX"), had on 29 May 2019 submitted to The HKEX its Circular on major transaction in relation to the acquisition of the entire issued share capital of Meinaide Holdings Group Limited involving issue of consideration shares (“Circular on Proposed Acquisition”) together with the Notice of Extraordinary General Meeting (“EGM”). The EGM will be held on 19 June 2019 at 10.30 a.m.. A copy of the Notice of EGM and Circular on Proposed Acquisition of Furniweb can be downloaded from the website of the HKEX at http://www.hkexnews.h
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Posted by 129055444514385 > 2019-02-25 10:19 | Report Abuse
prg , very undervalued................. its shareholdings in furniweb listed on HKSE is worth several hundred million ringgit now , if not mistaken check it out...it could be privatised by the largest shareholders