operator though they can make big bucks out of RTO. now they try to recoup their gain.

let wait for the debut of Impiana audited 2018 annual report out by this week or next week.

No sign of huge buy

Be fortunate if it sold at 8.5c tomorrow.

Nope. Hvnt. I still see BioOsmo

The biggest factor is the annual report.

@kenie, the offer to buy at 5c has ended on 4th April. It is not longer valid.

@zul, You sure ? Impiana Group want to retain the listing of Bio Osmo. In doing so, they were able keep it listing on Main Board and to change it name to Impiana. To say it is to delist is totally different meaning as neither Impiana group wanna take Bio Osmo privately Or Bio Osmo was declared bankrupt.

In additional to that, If bio osmo delist and Impiana to list, it would it a total different thing because of these while, Bio osmo was trying to go backdoor listing or Reverse takeover (RTO). To go listing, Impiana might go IPO. Why Impiana bother go RTO if it want to delist BioOsmo.

There are listing procedure at the bursa for IPO, RTO and Side Listing, you might wanna ask your remisier to read before giving you an opinion of his/her.

12c. hhaah

You mean annual report?

Days*

The offer 0.05c ended months ago.

Tomorrow listing is one thing. Another is who are the main achor of the 4.8 billion shares. Epf? Some Tân Sri? Or Dato?

Surely it is not a producer. Lol

If you notice, the directors n farouk r exchanging their stock at 6c. Then again, it didn't report in the bursa.

Scomies is a oil driller company, not producer.

Scomi warrant over premium

80% of bio Osmo? Prove it

They are nearing their deadline. By 5pm, there would be great decline in scomies. Afterward rebound after release of quarterly report.

As per happening with scomies, I suspects scomi did receive payment, partial. And to compensate the balance amount owned to maybank, they would need to dispose scomies.

Problem is we don't know when scomi will receive the payment?

Yaaaa. True

Dump scomies now. Because scomi might need additional cash flow to pay on Monday.

The only question here will farouk ditch his plan to RTP because it seems more expansive or go more direct listing which is cheaper?

Well. Monday is the real thing whether scomi default or not default.

Farouk only decision now is buy at market price.

Silent gold? I don't care. Sell first at 7.5c, rebuy at 6.

Yup. Hopefully goreng till 9c.

The Board of Directors of MYEG wishes to inform that the Malaysia Competition Commission (“MyCC”) has accepted the changes made by MYEG and its subsidiaries (collectively referred to as “the Group”) to its online foreign worker renewal system. MYEG was notified by MyCC via its letter dated 4 March 2019 subsequent to several meetings which were held with MyCC earlier.

 

As such, with the acceptance of the changes made, the daily penalty of RM7,500 will cease with immediate effect. Penalty up to the date of the acceptance amounted to RM9,644,700 of which MYEG had paid a total of RM6,412,200

They buy back mother, I buy warrant.

Less than a lot, can't sell.

The Group's EPCC segment contributed to revenue of RM235.4 million, an increase by RM108.5 million or 85.5% from the
preceding corresponding period of RM126.8 million, which was mainly contributed from EPCC works done in Bangladesh
and Malaysia that contributed to 58.5% of total Group revenue. Revenue from other business activities of RM13.1 million also
increased by RM5.9 million or 81.9% from the preceding corresponding period of RM7.2 million mainly from fabrication of
electrical substation structure. Revenue from tower fabrication segment of RM153.6 million, decreased by RM23.1 million or
13.1% from the preceding corresponding period of RM176.7 million, due to decrease in deliveries of towers.

The Group recorded a revenue of RM146.9 million in the current quarter, an increase of RM69.0 million or 88.5%, compared
to its immediate preceding quarter's revenue of RM77.9 million. The increase in group revenue were mainly contributed by
the EPCC segment that had a higher revenue recognised by RM57.0 million or 127.0%, and an increased in revenue for
tower fabrication segment by RM14.8 million or 49.7% due to higher deliveries. Revenue from other business activities
segment decreased mainly due to lesser work from fabrication of electrical substation structure by RM2.8 million or 86.3%.

ok. die.

That y i brought plenty of wb. Ha

lol, from the day of announcement until the day announce, they will take a month. this one month can do alot of stuff leh.

haha

tomoro up 2c

the new CEO are doing well ~ with so many disposal done in this quarter. next quarter one-off gain will be massive !

result gonna be good than scomi

maybe in 2020 i will buy in again, few months before chearting start operating

if i am investor, i will reject the 5c call until the day of injection, sell it at early hour and end my relationship with impiana. that's it.

dont really plan to become long-term investor with impiana unless dato farouk inject his overseas hotel branch into it.

actually, their malaysia operation do very poorly.

their main flagship cherating are currently under development (operational 2021)

the only profitable is impiana management who got management fee from their impiana overseas oversea.

do note that dato farouk only inject the malaysia operation into the bioosmo, not the entire impiana group. the one that did very good is the Thailand and Indonesia part.

other than that, all malaysia hotel dont do that good.

Why buy n sell at 6.5c? Doesn't make sense until it is purpose to mislead.

wait ppl sell at 5.5c hahha

not necessary sell to him right ?

No la. Change name saja.

I read through number of times.
I may or may not aacept the offer. It is written clearly under the notice.

we can become the minority that reject his offer.

It is not compulsory to sell to the dato farouk.

Unless dato farou brought the remaining 2b private placement, 10c wouldn't be an issue.

Actually, 8c is okay already