Last consolidation of 10 to 1 was in May 2021…up 40cts. …..then drop to 0.01 cts in April 2023 for second round of consolidation of 10 to 1 again….When and will there be a Third round of 10 to 1 consolidation in 2025 ??
Price 15 cents I agree it will drop 10 cents 4/5/23 4.06pm ken2004 By the way, actually, those chasing high after 1:10 already burning, will history repeat itself if drop below 10c.......... 2 days ago(2/5/23)
Look out for possibility of directors to raise massive fund via share issuance to PP, ESOS or to acquire friendly asset at higher price After 2nd time share consolidation, NOSH is very low and give directors lots of opportunities to issue massive lots of shares to raise lots of money
Existing retail shareholders will only see their shareholding equity % reduced over time.
Saudee, private placement, dilution lagi... pasukhas pun otw kot? Hahaha
MULTIPLE PROPOSALS SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") (I) PRIVATE PLACEMENT; AND (II) SIS (COLLECTIVELY, THE "PROPOSALS") SAUDEE GROUP BERHAD
Type Announcement Subject MULTIPLE PROPOSALS Description SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY")
(I) PRIVATE PLACEMENT; AND (II) SIS
(COLLECTIVELY, THE "PROPOSALS") (For consistency, the abbreviations used throughout this announcement shall have the same meanings as those defined in the announcement dated 17 August 2022, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements dated 17 August 2022, 27 September 2022, 4 November 2022 and 8 March 2023.
On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 15 March 2023, resolved to grant the Company an extension of time until 26 September 2023 to implement and complete the Private Placement.
This announcement is dated 15 March 2023.
Announcement Info Company Name SAUDEE GROUP BERHAD Stock Name SAUDEE Date Announced 15 Mar 2023 Category General Announcement for PLC Reference Number GA1-15032023-00084
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fl888
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Posted by fl888 > 2023-04-19 10:01 | Report Abuse
more than 100% profit in 2days, ....now operators buying left and right among themselves...Selamat Hari Raya to all Malaysians...