comebackkid

comebackkid | Joined since 2020-08-12

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Stock

2021-03-09 19:20 | Report Abuse

There will be no warrant ex-date announcement yet. Why? Refer 3/3/2021 circular to shareholders.

(1) There need to be an EGM. Point #6 of circular.

(2) submission to Bursa for approval is required. Refer point #12. This will take 2 months from 3.3.2021.

(3) then the process to determine W price will take place.

If you had read the circular, you will not panic and sold yesterday. You might even bought more! The price will probably move sideways till nearer to EGM date.

Stock

2020-11-26 21:18 | Report Abuse

Their ESOS to directors is at a low price of 0.1395. Before minority shareholders could sell, they probably exercise their ESOS. Only consolation there is a one year moratorium.

Stock

2020-11-26 19:19 | Report Abuse

Which shareholder/s pledge the shares to the banks?

Stock

2020-08-23 00:05 | Report Abuse

Anyone can assist in explaining the workings of MAG Redeemable Convertible Notes at 20 sen? Does this imply that the converter pays 20 sen and gain one mother share? What is his/her initial cost of the convertible notes and once converted, does it increases the total paid-up capital?

Stock

2020-08-12 22:23 | Report Abuse

Any idea who are the major shareholders, now that Cheong CC and parties associated to him are no more the major shareholders?