issuing new shares mean that the shares has a higher liquidity. It probably getting ready for new acqusition. every new shares issuance mean that the director is giving more company % to the open market for outsider to invest in the company and this would increase capital.
Communications and Multimedia Minister Saifuddin Abdullah says the road map will look at introducing 5G broadband coverage in an efficient and effective manner. (AFP pic) KUALA LUMPUR: Putrajaya will come out with the fourth industrial revolution (IR 4.0) and digital road map by mid-September, Communications and Multimedia Minister Saifuddin Abdullah said today.
He said this would outline phase two of the National Digital Infrastructure Plan (Jendela) action plan and prepare the nation for 5G technology.
Over the weekend, Prime Minister Muhyiddin Yassin had said Jendela, under the 12th Malaysia Plan, aimed to pave the way for more comprehensive and high-quality broadbased service coverage across the nation.
Saifuddin said the road map would look at introducing 5G broadband coverage in an efficient and effective manner over the next two to three years.
He said this will benefit consumers without a significant increase in service costs and also allow industries to roll-out their respective solutions using 5G, among others.
“While we are focusing on optimising our 4G access, there is a need for 5G preparation. The government is serious about 5G and the digital trajectory of the nation,” he said in his keynote address at the Invest Malaysia 2020 – Virtual Series 3 here.
To date, 71 5G case demonstrations totalling RM131 million of industry investment have been carried out across Kedah, Pahang, Penang, Perak, Selangor, Terengganu and the Federal Territories.
Saifuddin said they looked at integrating 5G into agriculture, digital healthcare, education, entertainment, manufacturing and processing, oil and gas, smart cities, smart transportation and tourism.
He said the demonstrations would continue until Dec 31, and urged innovators, service providers and relevant stakeholders to take part.
“These projects focus on facilitating and cultivating the development of a holistic and inclusive 5G ecosystem.
“As various industries adopt 5G, it could positively influence other industries’ contribution rate to the GDP (gross domestic product), effectively allowing the country to produce and manufacture more high quality goods and services, and benefit the rakyat with improved earnings and affordability,” he said.
It will move sideway 0.240 - 0.280 until Thursday.. from Friday onward it will resume bullish https://www.tradingview.com/x/DwROyLcP/ bursasahamgroupdiscussion <---search telegram
@penissstock, just now when 80mil queue buy at 0.26, did the price go up? no right. then why worry 72mil selling at 0.26? only you will start to panic.
70M sell queue about 1 hour ago could have been deliberately put there by the sharks so they get to collect low. Please don't blindly believe all the buy/sell queues you see as they can be faked by people with intentions unbeknownst to us.
I think no more hopes on XOX, sell whatever you have on hand, run before too late seriously. All shares are sold cheaply to directors and XOX staffs, they will just sell it now to gain profit!
Want to sell, sell lah. Want to buy, buy lah....but some just tok kok! This world is full of foolish hot air bags who sound off as if they are some sort of expert when there is nothing between their ears...you know who you are....so annoying!
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 868 views | 5 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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....
newbie777
53 posts
Posted by newbie777 > 2020-09-01 14:40 | Report Abuse
whats issue new shares regarding to? good or bad? i keep seeing this but have no idea