EGM made the vote yesterday, all this was know a few weeks back, Major shareholders would have decided and taken action , so this is not new news, So what is the direction today? up , down or center?
505.. go lower... like 48// sure lots of people want a bargain.. hope they are not just foolin us with low pre open price... get lower sellers...dont know what is the lowest, but buying lower than most pf the people here would be chance to make some money
Sarawak Consolidated Industries Bhd’s (SCIB) shareholders today approved the group’s proposal to cancel RM40 million worth of its issued share capital. The credit arising from the share capital reduction would be used to eliminate the accumulated losses of the group, said SCIB.
Sarawak Consolidated Industries Bhd’s (SCIB) shareholders approved the group’s proposal to cancel RM40m worth of its issued share capital. The credit arising from the share capital reduction would be used to eliminate the accumulated losses of the group, SCIB said in a statement after shareholders approved the proposal at an extraordinary general meeting. Separately, in a filing to Bursa Malaysia, SCIB notified that group MD/CEO Rosland Othman has ceased to be a substantial shareholder of the group. This comes after he disposed of a total of 3.16m SCIB shares, reducing his shareholding to 4.69%. (Edge Markets)
buy yesterday, today cabut, u brttrt than fund managers of epf.. he kabe 6% per uear, you make 12 % per day. Like this u no need work for 1 year, Two years later come baack to work, only than equal to epf... waaah congratulation
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soros228
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Posted by soros228 > 2021-07-01 08:19 | Report Abuse
Wall Street Sifu , can give your opinions regarding capital reduction ?
Thanks