proposed share issuance scheme of up to thirty percent (30%) of the Company’s issued and paid-up share capital (excluding any treasury shares) at any one time during the duration of the scheme for the eligible Directors and employees of Bioalpha group of companies (“Bioalpha Group” or “Group”) (excluding dormant subsidiaries) (“Proposed SIS”);
be positive. give bonus also complaint, no bonus pun complaint. I take it positive with bonus and sure profit will increase in upcoming QRs. Q1 always the lowest. Will challenge ATH at 0.47 next week.
The reason why they issue bonus is they want biohldg shares tradable, with the low price it will become more attractive... This is profitable company lah! Previously they plan to give 1:1 bonus issue and expected after listing, the price slash by half and must be above 20cents...
Price will speaks. This company still in the growing stage now. Highly recommended and potential. Bonus issue come first, follow by dividend, by the time price will be above 0.60 at least. Approximately it will happen within 2 quarters.
They just submitted the application of bonus issue to Bursa. Waiting for approval.
On behalf of Bioalpha, TA Securities wishes to announce that an application to Bursa Securities for the listing of and quotation for the Bonus Shares and SIS Shares on the ACE Market of Bursa Securities has been submitted on 6 June 2016.
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greatful
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Posted by greatful > 2016-05-27 18:18 | Report Abuse
Q1 always relatively low. Good start!