Proposed Settlement of debt amounting to USD49,562,125.54 or RM206,508,856.40 (RM1.00:USD0.24) via the issuance of RM1,032,544,282 new ordinary shares in the Company ("REB Share") to Super Racer Limited ("SRL" or "Offeror") at an issue price of RM0.20 per REB Share ("Settlement Shares") ("Proposed Debt Settlement")
Resolution 2 (For Voting)
Proposed Exemption for the Offeror and Mr. Cheung Siu Fai ("Mr Cheung"), being the person acting in concert with SRL ("PAC") under Subparagraph 4.08(1)(B) of the Rules on Take-Overs, Mergers and Compulsory Acquisitions ("Rules") from the obligation to undertake a mandatory take-over offer for the remaining REB Shares not already held by them upon completion of the proposed debt settlement ("Proposed Exemption")
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....