Such amazing if the price will reach back to Rm4 by next week, but it won't be near there, as next week the price will drop more.. as Christmas and New year is coming, do u think the Operator wants to make investor earn profit? they just care bout themselves, not the investor.. they will dump more and we will suffer..
Koperasi Permodalan Felda emerges as substantial shareholder of TAFI Industries
Azanis Shahila Aman2-2 minutes 12/2/2021
KUALA LUMPUR: TAFI Industries Bhd recently announced that Koperasi Permodalan Felda Malaysia 2 Bhd (KPF2) has emerged as a substantial shareholder of the company following a share subscription.
KPF2 had acquired the 12.65 million TAFI's shares representing a 10.20 per cent stake from controlling shareholder Armani Synergy Sdn Bhd via direct business transaction.
"Armani Synergy remains the company's controlling shareholder via its holdings of 64.86 million shares which represent 52.33 per cent of TAFI's share capital excluding treasury shares," it said.
KPF2 chairman of Investments committee Abdul Malek Jalil said KPF2 is optimistic about the prospects of the furniture and property development industry.
"We had invested in TAFI to gain exposure to the said industries to enhance investment returns for its members," said Abdul Malek.
Meanwhile, TAFI group managing director Datuk Seri Azlan Azmi said the investment in the company by institutional investors such as KPF2 is a vote of confidence on the long term prospects of its furniture and property development businesses.
Azlan said TAFI understands that KPF2 will be seeking board representation in the company in due course, and TAFI looks forward to having more unbiased views to board deliberations and evaluations of its performance and business strategies.
"We are confident that bringing KPF2 onboard TAFI as a substantial shareholder will also give rise to synergies as TAFI will be able to market its furniture products and property offerings to KPF2's members", he said.
OTHERS PRESS RELEASE(I) PROPOSED BONUS ISSUE OF SHARES(II) PROPOSED BONUS ISSUE OF WARRANTS 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
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....
Sailormoon33
39 posts
Posted by Sailormoon33 > 2021-12-02 13:22 | Report Abuse
i hold different opinion, today last change to enter before it fly