Further to the appointment of Dato' Zarul Ahmad Bin Mohd Zulkifli as a Director of Ewein Land Sdn Bhd on 1 July 2013, the Board of Directors of Ewein Berhad wishes to announce that Dato' Zarul Ahmad Bin Mohd Zulkifli be re-designated as a Chairman of Ewein Land Sdn Bhd with effective from 9 October 2013.
The price cannot be just going up without any pullback ! Just see that it have risen quite a lot in the last few trading days. It closed at 89.5 last Thursday and at the close of today it's at 1.16, a rise of almost 30% in a week. What more do you expect ?
One step closer to the penang undersea tunnel project....
The Board of Directors of EWEIN is pleased to announce that the Company has incorporated a 60% owned subsidiary named Ewein Zenith Sdn Bhd ("Ewein Zenith") under the Companies Act, 1965 on 16 October 2013. The authorised capital of Ewein Zenith is RM5,000,000 comprising 5,000,000 ordinary shares of RM1.00 each. The paid-up share capital of Ewein Zenith is RM1,000,000 divided into 1,000,000 ordinary shares of RM1.00 each, of which 600,000 ordinary shares of RM1.00 each are held by EWEIN and the remaining 400,000 ordinary shares of RM1.00 each are held by Zenith Construction Sdn Bhd.
The Chairman and Deputy Chairman of Ewein Zenith are Dato' Zarul Ahmad Bin Mohd Zulkifli and Dato' Ewe Swee Kheng respectively.
The principal activities of Ewein Zenith are property development, construction and property investment.
I. PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 79,096,950 NEW ORDINARY SHARES OF RM0.50 EACH IN EWEIN ("EWEIN SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING EWEIN SHARES HELD BY THE ENTITLED SHAREHOLDERS OF EWEIN, ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE");
II. PROPOSED BONUS ISSUE OF UP TO 79,096,950 NEW EWEIN SHARES ("BONUS SHARE(S)") ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY ONE (1) RIGHTS SHARES SUBSCRIBED FOR BY THE ENTITLED SHAREHOLDERS OF EWEIN AND/OR THEIR RENOUNCEE(S) PURSUANT TO THE PROPOSED RIGHTS ISSUE ("PROPOSED BONUS ISSUE");
Update on proposed rights and bonus issues. This announcement is dated 9 December 2013.
On behalf of the Board, HwangDBS wishes to announce that Ewein had, on 3 December 2013, submitted the listing application to Bursa Securities in respect of the listing of and quotation for:-
(a) up to 79,096,950 Rights Shares and up to 79,096,950 Bonus Shares to be issued pursuant to the Proposed Rights Issue and Proposed Bonus Issue;
(b) up to 33,763,206 additional 2012/2017 Warrants to be issued pursuant to the adjustment under the deed poll dated 22 May 2012 constituting the 2012/2017 Warrants as a result of the Proposed Rights Issue and Proposed Bonus Issue; and
(d) up to 33,763,206 new Ewein Shares to be issued pursuant to the exercise of the additional Warrants 2012/2017 on the Main Market of Bursa Securities.
Tightly held stock. After all the rights trading done and back to normal trades, it can be easily pushed up. Read up the stock. Interesting background to be played up
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4u2c
3,553 posts
Posted by 4u2c > 2013-10-09 09:40 | Report Abuse
shit..rebound back !