Ron90

simple jrr..uncle buy into this company, sure fly 3x !! TP 3.00 😁

1 day ago

speakup

sailang!!!! let's make KYY richer!

22 hours ago

Sslee

Did KYY know of the billion of RCPS which need to be redeemed or can be converted to KPP share at 5 to 1 ratio?

Acquisition of subsidiaries
The Company had, on 9 August 2019, announced the following acquisitions and transactions that were approved by the shareholders in the Extraordinary General Meeting held on 23 December 2019:-
i) Acquisition of the entire equity interest in Aeon Frontier Sdn. Bhd. (“AFSB”) for a purchase consideration of RM33,473,902 (“AFSB Acquisition”) which was satisfied via the issuance of 196,905,307 shares in the Company (“Company Shares”) at an issue price of RM0.17 per Company share;

ii) Acquisition of the entire equity interest in Kerjaya Property Sdn. Bhd. (formerly known as Kerjaya Prospek Property Sdn. Bhd.) (“KPSB”) for a purchase consideration of RM367,590,902 (“KPSB Acquisition”) of which RM100,000,000 was satisfied via cash and RM267,590,902 which was
satisfied via the issuance of 1,574,064,127 redeemable convertible preference shares in the Company (“Company RCPS”) at an issue price of RM0.17 per Company RCPS;

iii) Acquisition of the entire equity interest inKerjaya Hotel Sdn.Bhd. (“KHSB”) for a purchase consideration of RM270,978,389 (“KHSB Acquisition”) which was satisfied via the issuance of 1,593,990,524
Company RCPS at an issue price of RM0.17 per Company RCPS;
(Collectively, i), ii) and iii) above are referred to as the“Acquisitions”)

12 hours ago

qqq47660

Easier to get rich for owners by injection of assets than by paying off dividends

9 hours ago

qqq47660

Easier to get rich for owners by injection of assets than by paying off dividends



Same for kpp as for insas....

9 hours ago

Ron90

you keep talking about 1.5 billion RCPS again ... 😅

6 hours ago