Since covid19 days 3 years ago,there have been at least few dozens of MOU announced by XOX, Fintech, AT, Pasukhas, Kanger, Vsolar..... But NONE has materialised. During covid time,they suka suka announced projects related Covid , empty MOUs , JUST BULLSHXT
So MOU are being abused to coincide with announcement of RI/PP/ESOS for syndicate to dump shares to retailers.
Exactly, Well said. They are using it as insurance just in case they get queried by the SC.
Bornoil, XOX are one of the biggest Fund Raising Company in Bursa Malaysia Directors not interested to make profits for retail shareholders Only interested to issue shares to raise fund to be utilised within their immense power Retail shareholders only can see their shareholding equity % reduced over time
Scenario No. of issued Shares as at LPD 5,050,878,500 To be issued assuming full conversion of the ICPS - 77,971,406 To be issued assuming full granting and/or exercise of ESOS Options - 399,835,500 After full granting and/or exercise of the convertible securities 5,050,878,500 To be issued pursuant to the Proposed Private Placement 505,087,800
On behalf of the Board, TA Securities wishes to announce additional information in relation to the Proposed Private Placement as set out in the attachment below. This announcement is dated 8 August 2023.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2904 views | 2 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main 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....
tanfooxuan
561 posts
Posted by tanfooxuan > 2023-06-09 14:41 | Report Abuse
Don't believe any hantu good news...
It's just that the shark ran out of money and want to withdraw from your trading account je