Dijaya slumps, plans rights, bond sale
Publish date: Wed, 07 Mar 2012, 10:06 AM
Dijaya Corp slumped 8.4 percent to RM1.53 in Kuala Lumpur trading at 9.41am, set for the biggest loss since Nov. 6, 2009.
The property developer plans a rights offer and a RM500 million bond sale to help fund acquisitions.
The company agreed to buy property assets from its major shareholder for RM948.7 million, it said in a statement. -- Bloomberg
The property developer plans a rights offer and a RM500 million bond sale to help fund acquisitions.
The company agreed to buy property assets from its major shareholder for RM948.7 million, it said in a statement. -- Bloomberg
Labels: TROP
Discussions
Be the first to like this. Showing 4 of 4 comments
I know boss is injecting his properties into the company. The timing is a little strange. All the big guns like AK, VT are amasing cash, including TV's brother, the Djaya's boss. Why ?
2012-03-07 15:16
They are up to someting and some body big is behind them. Just wait and see.
2012-03-07 15:17
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
2
Good Articles to Share
A 30-Year Expert Trader’s HONEST Confession - Ziet Invests
3
4
Koon Yew Yin's Blog
6
BFM Podcast
7
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
lotsofmoney
Who is the majority shareholder? V.T.?
2012-03-07 13:30