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2017-09-16 00:47 | Report Abuse
The Board of Directors of Asia Bioenergy Technologies Berhad (“ABT” or “the Company”) wishes to announce that its wholly-owned subsidiary, Asiabio Capital Sdn. Bhd. has on 15 September 2017 acquired 75,100,000 shares of Mlabs Systems Berhad (“MLABS”), representing 13.16% equity interest in MLABS, via the subscription of the rights and excess shares of MLABS at an issue price of RM0.15 each (“Shares”) for a total cash consideration of RM11,265,000 (“Consideration”). Pursuant to the acquisition, Asiabio Capital Sdn. Bhd. will also be issued 37,550,000 free Warrants B of MLABS.
The Subscription is part of ABT Group’s decision to invest in quoted securities that have growth
prospect. ABT Group is optimistic that the Subscription will provide a positive return in the near
term given MLABS’s plans to develop and market a mobile application that has multipoint voice
call features that enable multi-users to join audio and video conferences remotely, and enable
users to send secured texts and access to voice calls via the application. This will complement
MLABS’s core business and enhances the marketability of its videoconferencing products via
capitalizing on the growing trend of video and audio conferencing over mobile technologies.
I think this consider as a good news for mlab. Up for this coming monday
2017-09-13 22:38 | Report Abuse
this is just my opinion, others things may happened....if u enter this counter, must be ready for loss. If earn, u will also earn a fast money
2017-09-13 22:16 | Report Abuse
yup~ u are right, the warrant also need excercise price...not free at all...which means that the stock will be goreng in this few days maybe tmr in order to make the warrant worth enough, if not, the right issue they subscribe is a loss. If wan must enter nw~
2017-09-13 21:09 | Report Abuse
nt become 0.3....the right issue share is 0.15, when u buy 2 right issue at 0.3....entitle for 1 warrant
2017-09-13 19:01 | Report Abuse
For my opinion, the price limit is 0.095-0.100, the price will never go downward as the right issue price for 2 share and 1 warrant is 0.15x2 = which is 0.3. we dont count on the exercise price of the warrant, then each share will worth about 0.100. So the price nw is also 0.100. So i think when their right issue stock is ready, then this stock will ready to fly~ if drop even more, then should be caution.The stock maybe start move slightly uptrend tmr.
2017-09-12 23:53 | Report Abuse
tmr have high chance to push up again?
2017-09-12 18:24 | Report Abuse
tmr will continue uptrend or nt? or time for down treand? any idea?
2017-09-11 16:24 | Report Abuse
tmr morning should be bound even more
2017-09-11 16:12 | Report Abuse
but the price is still seem like press by someone.
2017-09-11 15:46 | Report Abuse
Ya, wish the shark who push the price win
2017-09-11 15:45 | Report Abuse
the price changing....like fighting between 2 big shark
2017-09-11 15:42 | Report Abuse
they dont need to wait good timing....each up of 0.005 can be a good profit for them
2017-09-11 15:41 | Report Abuse
someone is pressing the price....luckily high demand hahha
2017-09-11 15:37 | Report Abuse
Lollll so regret i din buy at 0.915....i buy at 0.935
2017-09-11 15:37 | Report Abuse
so obvious....this counter is played by a shark
2017-09-11 15:32 | Report Abuse
so obvious....someone is pressing the price...when wan break then he sell again
2017-09-08 11:11 | Report Abuse
luckily able to buy-in at 1.12 this morning... nw its time to rebound! upupup!
2017-09-06 22:42 | Report Abuse
it was very obvious that Ekovest is strong and undervalued company. This quarter bad result and the NK missile also does not effect much on the price. It is still quite stable and steady, even if the price fall, just hold it and wait....it will not disappointed you~ TRUST EKOVEST! Good Luck Guys~
2017-08-29 17:35 | Report Abuse
mean no more up trend? and not suitable for invest?
2017-08-29 10:08 | Report Abuse
why malaysia win SEAGAME will affect MRCB? lolll
2017-08-28 16:41 | Report Abuse
until today still the same no improvement, anyone have news? haizzzz
2017-08-24 01:07 | Report Abuse
hope it will continue to grow up tmr xD
2017-08-23 23:52 | Report Abuse
what is mean by share buyback? They will discuss it on this coming AGM?
2017-08-23 16:34 | Report Abuse
Agree! it was an undervalue stock and gonna explode soon
Stock: [MLAB]: MLABS SYSTEMS BHD
2017-09-18 06:09 | Report Abuse
With the good news from Netx and Asiabio, I think I will sapu if it still remain 0.095-0.100.