MULTIPLE PROPOSALS IMPIANA HOTELS BERHAD ("IMPIANA" OR THE "COMPANY") I. PROPOSED SHARE CONSOLIDATION; II. PROPOSED AMENDMENTS; AND III. PROPOSED NOTES ISSUE (COLLECTIVELY REFERRED TO AS "PROPOSALS") IMPIANA HOTELS BERHAD
Type Announcement Subject MULTIPLE PROPOSALS Description IMPIANA HOTELS BERHAD ("IMPIANA" OR THE "COMPANY") I. PROPOSED SHARE CONSOLIDATION; II. PROPOSED AMENDMENTS; AND III. PROPOSED NOTES ISSUE (COLLECTIVELY REFERRED TO AS "PROPOSALS") On behalf of the Board of Directors of Impiana (“Board”), Kenanga Investment Bank Berhad (“Kenanga IB”) wishes to announce that the Company proposes to undertake the following:
proposed consolidation of every 5 existing ordinary shares in Impiana (“Impiana Shares” or “Shares”) into 1 Impiana Share (“Consolidated Share(s)”) (“Proposed Share Consolidation”); proposed amendments to the constitution of Impiana (“Constitution”) (“Proposed Amendments”); and proposed issuance of redeemable convertible notes (“Notes”) with an aggregate principal amount of up to RM150.00 million, which will mature on the date falling 36 months from the closing date of the first sub-tranche of the Tranche 1 Notes (“Proposed Notes Issue”).
Please refer to the attachment below for further details.
Announcement Info Company Name IMPIANA HOTELS BERHAD Stock Name IMPIANA Date Announced 07 Jun 2022 Category General Announcement for PLC Reference Number GA1-07062022-00031
Share dumping after using the same hidden hand tactics
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) IMPIANA HOTELS BERHAD
Particulars of substantial Securities Holder Name DATO' SERI ISMAIL @ FAROUK BIN ABDULLAH Nationality/Country of incorporation Malaysia Descriptions (Class) ORDINARY SHARES Details of changes No Date of change No of securities Type of Transaction Nature of Interest 1 16 Jun 2022 200,000 Disposed Deemed Interest Name of registered holder Kenanga Capital Sdn Bhd Pledged Securities Account for Impiana Sdn Bhd Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred Disposal of shares by Impiana Sdn Bhd Nature of interest Deemed Interest Direct (units) 293,743,562 Direct (%) 20.338 Indirect/deemed interest (units) 350,827,066 Indirect/deemed interest (%) 24.29 Total no of securities after change 644,570,628 Date of notice 17 Jun 2022 Date notice received by Listed Issuer 17 Jun 2022
Remarks : Deemed interested by virtue of his interest in Impiana Sdn Bhd.
Announcement Info Company Name IMPIANA HOTELS BERHAD Stock Name IMPIANA Date Announced 17 Jun 2022 Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 Reference Number CS2-17062022-00049
Tangkap , bicara geng tangan ghaib demi pelaburan yang sihat, sanggup?
Liew Chee Yoong of the Center for Market Education said poor performance would continue, from a combination of the ringgit’s depreciation, scandals in corporate governance, and weak legal enforcement in the capital markets.
Wow, long time no see on this stock from 7 to 8cents become 1.5 cent. It s time to average down my 8 cent stock. But still must be careful because the bankers nowadays are very stingy.
MULTIPLE PROPOSALS IMPIANA HOTELS BERHAD ("IMPIANA" OR THE "COMPANY") (I) PROPOSED SHARE CONSOLIDATION; (II) PROPOSED AMENDMENTS; AND (III) PROPOSED NOTES ISSUE (COLLECTIVELY REFERRED TO AS THE "PROPOSALS") IMPIANA HOTELS BERHAD
Type Announcement Subject MULTIPLE PROPOSALS Description IMPIANA HOTELS BERHAD ("IMPIANA" OR THE "COMPANY")
(I) PROPOSED SHARE CONSOLIDATION; (II) PROPOSED AMENDMENTS; AND (III) PROPOSED NOTES ISSUE
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") We refer to the announcements dated 7 June 2022 and 4 August 2022 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, Kenanga IB wishes to announce that the application in relation to the Proposals has been submitted to Bursa Securities on 2 September 2022.
This announcement is dated 2 September 2022.
Announcement Info Company Name IMPIANA HOTELS BERHAD Stock Name IMPIANA Date Announced 02 Sep 2022 Category General Announcement for PLC Reference Number GA1-02092022-00010
Anyone can tell I calculate the total room for impiana hotel at Malaysia total have 3 hotels. If fully booked 1 QR can have rm16mil sales just average room rate RM200. This not yet include the hotel in Thailand have 3 hotel and Indonesia also have 3 hotel. But each QR the revenue is less than 6mil. Why huh? Their hotel occupancy rate is just 20%?
Long time ago I stayed at one Impiana, it was very very nice. Like 5 star at 4 star price. But couple years ago, stayed same hotel again, it was not nice anymore. Was run down. Ever since that, I no longer stay at Impiana.
How many times will they do share consolidation and still back to the previous price?! Someone should be made accountable for the failure of this company. Time and time again and its the same!
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....
Kaizenzon
383 posts
Posted by Kaizenzon > 2022-04-01 21:31 | Report Abuse
Wow, bargain. This company won't die one la