RATIONALE AND JUSTIFICATIONS After due consideration, the Board is of the view that the Proposed Bonus Issue is the most appropriate avenue of rewarding the existing shareholders of the Company while at the same time enhance the Company's capital base as the Proposed Bonus Issue will:- i. Reward existing shareholders of the Company for their continuous support.
This is the best news for any THRIVEN shareholder. It can only mean one thing. Get free shares and free warrants and downwards adjustment in warrant price too ! How good is that ? Really good !
What rational is this if don't have 25 shares then it is bad? 8 for 25 is just the ratio. If you don't own 25 shares then it will be proportion to your shareholding and you may just ended having odd lots. That is all.
Thriven company share prices was low i dont know why but at least after the ge14 election the price should be increase but until now the prices was still low. Compare with Opcom, opcom share prices increase faster until today closing was RM1.01. For Thriven company if can increase the share to RM1, the value will be getting better.
I notice that when opcom share go up then thriven will follow up but opcom share prices when up a lot but thriven not so much increase. Hope thriven shares will go up as much as opcom. I like to view the thriven website looks professional.
PROPOSED BONUS ISSUE OF UP TO 180,815,579 NEW ORDINARY SHARES IN THRIVEN (“THRIVEN SHARE(S)”) (“BONUS SHARE(S)”) ON THE BASIS OF 8 BONUS SHARES FOR EVERY 25 EXISTING THRIVEN SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE”)
Q2 results will be out next week. If it's as good as the last quarter,Thriven will fly UP high. Can only get better when Bonus dates announced. Anytime soon might breakout !
Very good Q2 results - fantastic ! Net Profit Rm11mil (EPS : 3sen) Bonus Issue APPROVED. Who knows, may even declare INTERIM DIVIDEND ! It's FIREWORKS and Showtime. Get ready to fly.
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Posted by Rosmah Ali > 2018-06-19 15:46 | Report Abuse
I Q buy @35 sen la