This company can manufacture its own industrial brushes, and further expand the types of industrial brushes to meet customer needs. A promising future is ahead for Yew Lee
The free warrants will come on the basis of 1 free warrant for every 2 existing shares investor held. The tenure of the warrants shall be fixed at 5-years since the issuance date, and the conversion price shall be set on the level of RM0.280. There will be heightened interest in a stock as issuance of free warrants could be an arbitrage opportunity if the conversion price is above ex-all share price, as the exchange would deem the warrant as premium, hence minimal ex-all impact on its existing share price. Interestingly, the share price of YEWLEE-WA had gone up to RM0.390 currently, hence representing a discount of 39.3% before factoring in the ex-all effect
Sell on new. Yew Lee revenue has dropped a lot. It could not find any replacement business for its glove sector customers in a short time. Be realistic. Talk talk get more customers can. Do is unable lah.
Precisely. Health experts warn about an explosion of COVID-19 cases in China as the country lifts its zero-COVID measures could create a "potential breeding ground" for new variants to emerge
Could be. Right now China is executing herd immunity. Possible will have another wave of Covid resurgence. Thereby I believe demand for gloves will increase as well
There is growing concern over the steep rise in Covid infections since Beijing last month abruptly lifted years of hardline restrictions, with hospitals and crematoriums quickly overwhelmed.
“We still do not have complete data,” WHO’s emergencies director, Michael Ryan, said.
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Posted by younglean > 2022-12-20 17:15 | Report Abuse
This company can manufacture its own industrial brushes, and further expand the types of industrial brushes to meet customer needs. A promising future is ahead for Yew Lee