emilychee, Vincent.... Stop crying lah. Bring more biz to minetech. No ability, ask all lousy board to resign especially Chin family and awang family. Give Chin one quarry and they go play stone. Give awang one motor repair workshop and they go play with the screw and spanar
After recent fund raising via issuance of 582,664,397 ICPS at 0.03, directors raising fund again via shares issuance to PP
========= On behalf of the Board, TA Securities wishes to announce that the Board had on 21 April 2022 (“Price-fixing Date”) fixed the issue price for the first tranche of the Private Placement at RM0.063 per Placement Share (“Issue Price”).
The Issue Price of RM0.063 is at a discount of RM0.0156 or approximately 19.85% to the 5-day volume weighted average market price of Minetech Shares up to and including 20 April 2022 (being the last market day immediately preceding the Price-fixing Date) of RM0.0786 per Minetech Share.
============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Types of corporate proposal Private Placement Details of corporate proposal MINETECH RESOURCES BERHAD ("MINETECH" OR THE "COMPANY") PRIVATE PLACEMENT No. of shares issued under this corporate proposal 22,800,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0630 Latest issued share capital after the above corporate proposal in the following Units 1,188,413,800 Listing Date 06 May 2022
=================== Frequent fund raising raising via shares issuance to PP and ESOS Dilution of shareholders equity % and EPS NOSH keep rising above BILLION shares Mostly annual loss making in last 10 years
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
MCO construction work stop progress ...YTL also financial losses that period ... Minetec contract works from YTL Electrified Double Track also financial losses lass quarter
YTL Losses better buy YTL. YTL got fundamental and strong team. minetech got bunch of clowns running the show. Private placement oso expired, no takers. Largest shareholders chin and awang oso poor no cash fellow
For decades, Chin has only able to fundraise and then channel it to their private entity. Now Awang try to do the same but world is evolving with multimedia. Chin just got lucky to make fortune in era no multimedia. Now Chin wanna exit, Awang wanna exit.
1 April 2022 Minetec - Letter of Award for execution and completion of External Link Bridge, Covered Walkway and Associated Works for the Emerald 9 Cheras Development on Lot 809 and 810, Mukim Cheras, Daerah Hulu Langat, Selangor Darul Ehsan.
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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....