Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : ESOS Details of corporate proposal : Share Issuance Scheme No. of shares issued under this corporate proposal : 2,800,000 Issue price per share ($$) : 0.5810 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 659,589,100 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 143,216,890.000 Listing Date : 26/09/2018 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
i see ESOS as positive move, gain more employee loyalty, additional cash flow for the company which means the company is avoiding right issue to gain cash flow.
it was Off market deal on 20 sept last week... the reason why they disposing warrant is already explained here: https://klse.i3investor.com/blogs/ckinginvest/172826.jsp https://klse.i3investor.com/blogs/lionind88/172168.jsp warrants are disposed because they are restricted by rules and cannot convert all of their holding into mother share. They didn't sell a single mother share, did they ? so no need to worry... this anouncement will just cause short term retrace, and good chance for us to topup again....
he dump who buy? maybe his mistress bough leh at 20cts,if retailers bought sure cannot up lo......all con the retailers,crook directors like bahvest boss announce 1 for 1 bonus to con people
YAP bought warrants at RM0.500, then sold at RM0.200 to specific person or group. You may ask why the specific person or group doesn't want buy the warrants in the open market.
This is very simple to answer —— they can't get offer price so they can enter low.
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....
csl1991
245 posts
Posted by csl1991 > 2018-09-25 10:42 | Report Abuse
Many forumers here have already said:
RM0.70 by September
RM0.80 by October
RM0.70 has been breached. So, what's next..?