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2014-01-20 16:16 | Report Abuse
this counter got strong fundamental and huge potential to be raise soon
2013-08-19 14:21 | Report Abuse
awwwyeahhh...kage bushin no jutsu hahaha
2013-06-11 16:45 | Report Abuse
congratulations for the panic sale
2013-06-10 12:32 | Report Abuse
any possibility exit PN17 shortly?
2013-01-31 15:39 | Report Abuse
On behalf of the Board of Sumatec, M&A Securities Sdn Bhd (“M&A Securities” or “Principal Adviser”) is pleased to announce that Bursa Securities had, vide its letter dated 29 January 2013 resolved to approve the Proposed Regularisation Plan and the following:-
(a)Admission to the Official List and the listing of up to 680,555,239 new Warrants to be issued pursuant to the Proposed Rights Issue with Warrants on the Main Market of Bursa Securities;
(b)The listing of:-
(i)Up to 335,000,000 new ordinary shares of RM0.14 each in Sumatec to be issued pursuant to the Proposed Issuance of Shares;
(ii)Up to 2,722,220,957 new ordinary shares RM0.14 each in Sumatec to be issued pursuant to the Proposed Rights Issue with Warrants
(iii)Up to 680,555,239 new ordinary shares of RM0.14 each in Sumatec to be issued pursuant to the exercise of the Warrants; and
(iv)Up to 261,000,000 new ordinary shares of RM0.14 each in Sumatec to be issued pursuant to the Proposed Scheme of Arrangement with Creditors.
The approval granted by Bursa Securities for the Proposed Regularisation Plan is subject to the following conditions:-
(a)The Company to obtain shareholders’ approval for the diversification in operations pursuant to Paragraph 10.13 of the Main Market Listing Requirements (“MMLR”) for the diversification into the upstream oil and gas industry;
(b)The Company to conduct a valuation on the vessels owned by Semua International Sdn Bhd (“SISB”) and its subsidiaries (“SISB Group”) pursuant to Paragraph 10.04(6) of the MMLR and M&A Securities to comment as to whether the Proposed Disposal (including its disposal consideration) is fair and reasonable so far as the shareholders are concerned after taking into consideration of the valuation to be undertaken on the vessels owned by the SISB Group;
(c)The Principal Adviser and the Company to ensure that the provisions in the joint investment agreement entered into by Sumatec, Markmore Energy (Labuan) Limited and CaspiOilGas LLP (“the JIA”) are in compliance with the Kazakhstan laws prior to any payment to be made under Article 3 of the JIA. In this regard, the Principal Adviser and the Company are to furnish Bursa Securities with a written confirmation that the aforementioned condition has been met prior to the issuance of the circular to the shareholders;
(d)Sumatec and M&A Securities to fully comply with the relevant provisions under the MMLR pertaining to the implementation of the Proposed Regularisation Plan;
(e)Sumatec and M&A Securities to inform Bursa Securities upon the completion of the Proposed Regularisation Plan; and
(f)Sumatec to furnish Bursa Securiites with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Regularisation Plan is completed.
This announcement is dated 29 January 2013.
2012-12-21 09:19 | Report Abuse
be patience.....keep hold ur weapon
2012-12-05 08:55 | Report Abuse
rocket for today will be reach 0.60 ...
Stock: [RA]: R&A TELECOMMUNICATION GRP BHD
2014-03-25 12:27 | Report Abuse
dont sell until 8@9