A) PROPOSED LEASE OF TELUK KALONG LAND; (B) PROPOSED SUBLEASE; (C) PROPOSED DIVERSIFICATION; (D) PROPOSED RIGHTS ISSUE WITH WARRANTS-C; AND (E) PROPOSED LTIP
================== Directors resorting to convenient way to increase company fund via fund raising Massive shares issuance via rights issue coming very soon Shareholders need to dig pocket for more money to contribute to company fund
Multi year loss making company Another high NOSH low price penny stock in the making
======================= Approval obtained :- (i) Admission to the Official List and listing of and quotation for up to 394,643,068 Warrants-C to be issued pursuant to the Proposed Rights Issue with Warrants-C; (ii) Listing of and quotation for up to 1,183,929,204 new BTM Shares to be issued pursuant to the Proposed Rights Issue with Warrants-C; (iii) Listing of and quotation for up to 394,643,068 new BTM Shares to be issued arising from the exercise of Warrants-C; (iv) Listing of and quotation for up to 8,830,063 additional Warrants-B to be issued pursuant to the adjustments in accordance with the Deed Poll constituting the Warrants-B dated 12 September 2014; (v) Listing of and quotation for up to 8,830,063 new BTM Shares to be issued arising from the exercise of additional Warrants-B; and (vi) Listing of and quotation for up to 15% of the total issued share capital of BTM to be issued pursuant to the Proposed LTIP.
=============== a. Issue price RM0.08 b. 6 Rights Shares for every 1 Share held, 1 Warrants-C for every 3 Rights Shares subscribed c. 775,000,000 Rights Shares - 1,183,929,204 Rights Shares d. 258,333,333 Warrants-C - 394,643,068 Warrants-C e. Gross proceeds to be raised RM62.00 million to RM94.71 million
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....