The difference between EPMB and Radium is that one is an established auto parts manufacturer while the other one is a housing development company trying to ride on the EV theme.
MULTIPLE PROPOSALS EP MANUFACTURING BHD ("EPM" OR THE "COMPANY") (I) DISPOSAL AND LEASEBACK; (II) PRIVATE PLACEMENT; (III) ESOS; AND (IV) DIVERSIFICATION (COLLECTIVELY, THE "PROPOSALS") EP MANUFACTURING BHD
Type Announcement Subject MULTIPLE PROPOSALS Description EP MANUFACTURING BHD ("EPM" OR THE "COMPANY")
(I) DISPOSAL AND LEASEBACK; (II) PRIVATE PLACEMENT; (III) ESOS; AND (IV) DIVERSIFICATION (COLLECTIVELY, THE "PROPOSALS") Unless otherwise defined, all defined terms and abbreviations used in this announcement shall carry the same meaning as those previously defined in EPM’s announcement dated 29 November 2021 in relation to the Proposals.
Reference is made to the following:
(i) EPM’s announcement dated 29 November 2021 in respect of the Proposals;
(ii) EPM’s announcement dated 22 April 2022 in respect of Bursa Securities’ approval for the listing of such number of additional new Shares, representing up to 15% of the total number of issued Shares, excluding treasury shares, if any, to be issued pursuant to the ESOS; and
(iii) EPM’s announcement dated 31 May 2022 in respect of EPM’s shareholders’ approvals for the Proposals.
On behalf of the Board, Mercury Securities wishes to announce that the ESOS was not implemented by the Company ESOS as the approval from Bursa Securities for the ESOS has lapsed.
This announcement is dated 1 June 2023.
Announcement Info Company Name EP MANUFACTURING BHD Stock Name EPMB Date Announced 01 Jun 2023 Category General Announcement for PLC Reference Number GA1-01062023-00082
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....
Michael Kwok
6,445 posts
Posted by Michael Kwok > 2023-06-01 11:17 | Report Abuse
Sell call epmb 77-78 cents
Tp 60 cents range
1/6/23 11.17pm