read carefully: On behalf of the Board, AmInvestment Bank wishes to announce that Bursa Securities had, vide its letter dated 22 May 2015 approved the following: xxxx

Unless otherwise stated, all definitions used in this announcement shall carry the same meanings as defined in the announcements dated 13 March 2015 and 29 April 2015 in relation to the Proposals.

On behalf of the Board, AmInvestment Bank wishes to announce that Bursa Securities had, vide its letter dated 22 May 2015 approved the following:

(i) admission of Warrants-D to Official List of Bursa Securities and the listing of and quotation for up to 89,052,349 Warrants-D to be issued pursuant to the Proposed Free Warrants Issue;

(ii) listing of and quotation for up to 89,052,349 new MHB Shares which may be issued arising from exercise of the Warrants-D;

(iii) listing of and quotation for up to 22,257,000 additional Warrants-C constituted by Deed Poll-C which may be issued pursuant to the Adjustments to Warrants-C arising from the Proposed Bonus Issue in accordance with the Deed Poll-C and up to 22,257,000 new MHB Shares to be issued arising from the full exercise of the additional Warrants-C;

(iv) listing of and quotation for up to 222,630,874 new MHB Shares to be issued pursuant to the Proposed Bonus Issue; and

(v) listing of and quotation for such number of new MHB Shares up to 15% of the issued and paid-up share capital of MHB (excluding treasury shares) which may be issued pursuant to the exercise of the ESOS Options under the Proposed ESOS.



The approval granted by Bursa Securities is subject to the following conditions:

(i) MHB and AmInvestment Bank must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposals;

(ii) MHB and AmInvestment Bank to inform Bursa Securities upon the completion of the Proposals;

(iii) MHB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposals are completed;

(iv) MHB and AmInvestment Bank are required to make the relevant announcements pursuant to paragraphs 6.35(2)(a) and (b) and 6.35(4) of the Listing Requirements for the Proposed Bonus Issue;

(v) a certified true copy of the resolution passed by the shareholders in a general meeting approving the Proposals; and

(vi) to incorporate Bursa Securities’ comments in respect of the draft circular to shareholders.



This announcement is dated 25 May 2015.

http://klse.i3investor.com/servlets/anpth/1074512.jsp

bonus and warrant approved.

If you think worth to hold, just follow your heart.
If you think it's time to sell, just do it.
If you still no idea, then do nothing.

Those always like to ask "HOLD" or "CUT" or "BUY" or "SELL" are traders blindly follow and has decision making problem.
When about to ask for the answer, ask yourself first: Is this good company to hold? Why? Get your own answer.
And, if good company why can failing so serious from 1.8x to this level while the quarterly report so nice? Any reason?
Continue to ask yourselves for few times. Treat yourselves as another party. What advice you can give? Be realistic. Help her/him.

Then you will have the answer. Kill your emotion first.

buy back at 0.50?

A counter drop like this is consider end of the day. Furthermore, CEO not come out to calm down, no action at all from CEO. It shows something and that's it. I sold with profit but not much because I bought at 1.25. But I rather take money and leave because CEO still keep quiet.
For a good company, CEO will say something to calm down investors. Sad to say, just leave IFCA and find another better counter. The shine has confirmed faded. The trust is no longer there just because of CEO still keep quiet. Looks to me, the CEO is not responsible.

potential drop back to 1.00? anyway, i sold. take profit. late better than not

CEO not come out to say anything?

sellers and buyers are fighting. I bet sellers almost done. after heavily rain, sunshine will cheers up all the grounds. patient is the most important.