all good, don't worry The rationale for the abovementioned Changes in the Board Composition is as follows:-
In compliance with the ACE Market Listing Requirements of at least a female director to be on the Board as stated in the letter from Bursa Malaysia Securities Berhad dated 19 January 2022; In compliance with Practice 5.2 of the Malaysian Code on Corporate Governance (“MCCG”) that at least half of the Board comprises independent directors; In compliance with Practice 1.4 of the MCCG that Chairman of the Board should not be a member of the Audit Committee, Nomination Committee or Remuneration Committee.
Sell on strength.61-63 cents.60 cents over 70 percent chance bad luck.especially with mid lower volume.possible dip below 45 cents(best case scenario).worst case will be 30 cents range.
OTHERS AEMULUS HOLDINGS BERHAD ("AEMULUS" OR "COMPANY") - NEW ORDERS SECURED
The Board of Directors of the Company is pleased to announce that Aemulus Corporation Sdn. Bhd. (“ACSB”), a wholly-owned subsidiary of the Company had secured new orders worth approximately RM37.9 million on 29 July 2022.
The new secured orders are from existing customer based in Malaysia from the automotive industry for the test systems for automotive devices.
The revenue from the said new orders shall be recognised progressively upon delivery of the systems.
KUALA LUMPUR (July 29): Aemulus Holdings Bhd has secured new orders worth approximately RM37.9 million from its existing Malaysia-based customer from the automotive industry.
In a Bursa Malaysia filing on Friday (July 29), the company said its unit Aemulus Corporation Sdn Bhd (ACSB) had bagged the orders for the automotive test systems.
My observation on market sentiment looks like on overall trend not on particular stock... sideways for few months already lowest 0.560 what do you think - up or down ???
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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....
flyhub888
551 posts
Posted by flyhub888 > 2022-04-26 22:52 | Report Abuse
look into nasdaq oppps