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2018-02-13 16:44 | Report Abuse
Sumatec Resources Bhd has proposed to issue up to 800.0 mln shares to its contractors who will be appointed to assist in its petroleum operations by providing specialised services, materials and equipment.
Sumatec has also proposed a renounceable 1-for-2 rights issue of up to 3.23 bln shares, together with up to 3.23 bln warrants at an indicative issue price of 10 sen per rights share, on the basis of one rights share-for-every two existing shares in Sumatec, held together with one warrant-for-every one rights share subscribed.
Sumatec intends to produce LPG from the 100.0 mln standard cubic feet per day of natural gas supplied from the akushechnoye oil and gas field in Kazakhstan.
The company foresees the Kazakhstan field projects to generate an overall return of 20.0% per annum. Sumatec will implement the corporate proposals in stages, with the cash call proposals to be implemented in the first phase that will raise a total of RM400 mln and LPG production in the second. (The Edge Daily)
2018-02-10 08:44 | Report Abuse
will sumatec going bankrupt soon?
2018-02-09 21:53 | Report Abuse
this year confirm recession coming
2018-02-09 19:43 | Report Abuse
dont worry china will import more oil
2018-02-09 19:29 | Report Abuse
everyday drop 1000 points, keep drop 20days, dow jones big lol
2018-02-09 18:38 | Report Abuse
kwap keep lol , keep collecting
2018-02-09 13:05 | Report Abuse
Hari hari jatuh, buy for average down
2018-02-09 08:58 | Report Abuse
play contra today sure win $$$
2018-02-09 08:57 | Report Abuse
today is buying day , big %%%%
2018-02-09 08:26 | Report Abuse
klci today sure drop 50 points
2018-02-09 08:25 | Report Abuse
no eyes see, buy to fast stuck at 2.70
2018-02-09 07:13 | Report Abuse
-1032, down ,how can down so much?
2018-02-09 07:12 | Report Abuse
Die lor another panic selling
2018-02-08 22:49 | Report Abuse
very volatile dow jones, better stay away
2018-02-08 19:30 | Report Abuse
pentamaster hk up today,
2018-02-08 10:52 | Report Abuse
how much right issue have to pay?
2018-02-08 10:14 | Report Abuse
saad make 1 news out, everyppl panic buy again
2018-02-08 10:07 | Report Abuse
hold la, dont buy dont sell
2018-02-08 10:07 | Report Abuse
i also buy at 18c, wtf kena tipu
2018-02-07 19:37 | Report Abuse
isell all stock and stay away from stock market until recession finish
2018-02-07 17:05 | Report Abuse
Dow=down , what is going on donald trump! Apa u sudah buat?
2018-02-07 15:18 | Report Abuse
Penta faster orgasm and up la
2018-02-07 13:04 | Report Abuse
Sumatec can do it, waiting 15sen to sell
Stock: [SUMATEC]: SUMATEC RESOURCES BHD
2018-02-13 23:48 | Report Abuse
oil down