(I) PROPOSED DIVERSIFICATION; AND (II) PROPOSED PRIVATE PLACEMENT
On behalf of the Board of Directors of G3 Global (“Board”), M&A Securities Sdn Bhd (“M&A Securities”) wishes to announce that the Company proposes to undertake the following:
(i) proposed diversification of the existing business activities of G3 Global and its subsidiaries into the healthcare related business which includes the distribution of coronavirus disease 2019 test kits (“Proposed Diversification”); and
(ii) proposed private placement of up to 432,849,300 new ordinary shares in G3 Globaln ("G3 Global Shares" or "Shares"), representing 20% of the total issued Shares to independent third-party investors to be identified later and at an issue price to be determined later (“Proposed Private Placement”).
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Greedy directors resort to easy way to raise fund by issuing new shares to PP
Multi-year loss penny stock with multi-billion shares to increase NOSH to 2.5 billion and further diluting shareholdings and reducing EPS if any
NOSH = 2,164,246,748 will exceed 2.5 billion shares upon completion of PP
WA = 310,753,164 Maturity 2022-10-02 Strike value 0.0300
you see promoters giving out good news better run 50% if got profit or be more alert. thats what i found in i3investor forum, project coming!!! huat ahh see price goes up MUST sell, see price no move better cut 50% like ARBB i kena kao kao buy 0.25, promoters say good prospects and projects now 0.15 sakit gila
i3 many kompang kaki.. we all know.. especially those who wrote long story.. this i3 just to get info/news that some of us may missed out.. . plus this web is being monitored.. i notice some of my comments being deleted.. and yes the price drop drastically.. so many waterfall counter nowadays.. landui
all jumping the testkit proposal, before theres 5g, solar energy, gloves factories and so many then goreng few times.... project no more news share price mati
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....
hoot9e996
1,813 posts
Posted by hoot9e996 > 2021-12-09 09:07 | Report Abuse
gila, PP announcement why go announce private placement after good news GPACKET/ CC puan left....