YES LA.....LIEN HOE GROUP ready to goreng kuat kuat....right issue, consolidate come come.....Thanks XOX, Lambo, Kgroup Focus....Biohldg in future......
Founder William is going nowhere, he will get back 150 mil shares at 14 sen. OTHERS BIOALPHA HOLDINGS BERHAD ("BIOALPHA" OR "THE COMPANY") - OFFER AND GRANT OF OPTIONS UNDER SHARE ISSUANCE SCHEME BIOALPHA HOLDINGS BERHAD
Type Announcement Subject OTHERS Description BIOALPHA HOLDINGS BERHAD ("BIOALPHA" OR "THE COMPANY") - OFFER AND GRANT OF OPTIONS UNDER SHARE ISSUANCE SCHEME Pursuant to Rules 9.19(51) of the Ace Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Bioalpha wishes to announce that it has offered options to employees and Directors under its Share Issuance Scheme.
The details of the Options offered to the eligible persons of the Company are set out as follows:-
(a) Date of offer 17 May 2022 (b) Exercise price of options offered RM 0.14 per share (c) Number of Bioalpha options offered 243,000,000 options (d) Closing market price of the Company’s shares on the date of offer RM0.14 (e) Number of Options offered to the Company’s Directors under the SIS 1. Tan Sri Dato’ Dr. Syed Jalaludin Bin Syed Salim – 2,000,000 options
2. Hon Tian Kok @ William – 150,000,000 options
3. Ho Tze Hiung – 18,000,000 options
4. Goh Siow Cheng – 18,000,000 options
5.Dato’ Norhalim Bin Yunus– 2,000,000 options
6. Mohd Nasir Bin Abdullah – 2,000,000 options
7. Kang Jimmi – 2,000,000 options (f) Vesting period Not applicable.
JOE is cash rich. Directors have power to utilise company fund
The Board of Directors of JOE (“Board”) wishes to announce that JOE Holding (M) Investment Limited (“JOE Limited”), a wholly-owned subsidiary of the Company had on 27 May 2022 acquired a total of 150,000,000 ordinary shares in Bioalpha Holdings Berhad (“Bioalpha”) for a total purchase consideration of RM45,000,000 fully satisfied by cash which representing 12.40% of the existing total number of issued shares in Bioalpha via off market transaction from Mr Hon Tian Kok @ William and WH Capital Sdn Bhd (“the Acquisition”)
I have this feeling something is brewing. Because no sane Investor would pay double the market price if it doesn't benefit him. Let's hope the brewing process brings out a flavourful aroma and taste. The price is the same even after making a loss. Hold tight
BIO has officially joined the 'gang'. Take care if still holding any shares, it may limit down like how BCMALL went through. BCMALL used to be a stable and profitable company similar to BIO, until it start dealing with the 'gang'.
William got back his 150 mil shares under ESOS at 14 sen per share. Not sure how JOE will profit from 150 mil shares purchase at 30 sen from William. Maybe there were secret arrangement between those two. I just hope it will be goreng soon..above 20 is good enough, if reach JOE's price, then it's bull's eye.
Waiting to see if Mr Hon is able to sell his ESOS shares (150 million) again to JOE or another penny stock company for another quick clean profits in near future.
Anyway, looking at the bright side. Shanghai's Covid-19 situation is improving. Opening up businesses more will have a positive effect on Bio's new venture with Suzhou MS. Probably we will see something good coming soon
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 257 views | 1 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!
MQ Trader 11379 views | 9 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....
Eastern686
510 posts
Posted by Eastern686 > 2022-05-24 21:13 | Report Abuse
I think it's gonna report a good Q.