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Stock
2021-11-03 11:18 | Report Abuse
FUND RAISING VIA SHARE ISSUANCE TO PRIVATE PLACEMENT
PROPOSED PRIVATE PLACEMENT
On behalf of the Board of Directors of Trive, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake a private placement of up to 20% of the total number of issued shares of the Company to third party investor(s) to be identified later and at an issue price to be determined later (“Proposed Private Placement”).
This announcement is dated 2 November 2021.
https://www.klsescreener.com/v2/announcements/view/3450721
The Company will be able to issue up to 342,934,900 Shares under the Proposed Private Placement
============================================
Total issued shares = 1,053,018,540 will increase further with the PP implementation
WC = 526,509,027
==============================================
BE REMINDED OF PREVIOUS CORPORATE EXERCISES:
1. CONSOLIDATION OF EVERY 25 EXISTING ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 23 DECEMBER 2020 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 911,028,120 NEW ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.11 PER RIGHTS SHARE TOGETHER WITH UP TO 531,433,070 FREE DETACHABLE WARRANTS IN TRIVE ("WARRANTS C") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JANUARY 2021 ("RIGHTS ISSUE WITH WARRANTS")
==============================================
TAYOR. Set realistic target.
Stock
2021-11-03 11:11 | Report Abuse
Quarterly rpt on consolidated results for the financial period ended 31 Jul 2021
Profit/(loss) attributable to ordinary equity holders of the parent -51,089,000
https://www.klsescreener.com/v2/announcements/view/3433727
Losses in last 16 quarters, when will it start to see profit ?
Stock
2021-11-03 10:50 | Report Abuse
PP price not fixed yet.
ESOS price not fixed yet
Directors has options to issue more shares:
1. up to 765,330,600 of Share Grants and/or Share Options
2. up to 1,173,506,900 Shares under the Proposed Private Placement
PP investors and staff want buy at low price, long term investors want sell at high price.
Apa macam ?
Stock
Stock
2021-11-02 16:52 | Report Abuse
““Ex- Right Issue” as from: 3 Nov 2021
Ex -price also 7sen.
Stock
2021-11-02 16:50 | Report Abuse
LIST OF THIRTY (30) LARGEST SHAREHOLDERS AS AT 25 MAY 2021
No. Name of Shareholders No. of Shares %
1. FIRSTBERRY SDN BHD 37,698,347 9.508
2. KUAH CHOON CHING 15,302,325 3.859
5. KANGER INTERNATIONAL BERHAD 10,797,100 2.723
7. UOB KAY HIAN NOMINEES (TEMPATAN) SDN BHD For Kuah Choon Ching 8,139,535 2.053
16. CHAI WOON CHET 2,600,000 0.656
=============================
Who buying, who selling ???
Stock
Stock
2021-11-02 15:05 | Report Abuse
WHO ARE HOLDING MOST OF THE RIGHTS ISSUE SHARES
RIGHTS SUBSCRIPTION STATISTICS:
Total valid acceptances 93,436,814 15.40
Total valid excess applications 306,812,737 50.57
Total valid acceptances and excess applications 400,249,551 65.97
Total Rights Shares available for subscription 606,704,826 100.00
Not subscribed for 206,455,275 34.03
-------------------------------------------------
Total valid acceptance very low at 15.40%
Excess application at a high of 50.57%, most likely subscribed by other penny stock companies and operators
Total amount raised = 400,249,551 X 0.14 = RM 56,034,937
---------------------------------------------------
Most of the shares are now held by specific parties that subscribed under excess application.
Most likely they will dispose at 14 or slightly below to effectively make the fund raised by PDZ rights issue coming from retailers who bought from them.
This way, they can release the money used in the excess application and move on to next target.
---------------------------------------------------
TAYOR
Stock
Stock
2021-11-02 14:28 | Report Abuse
Mr Quah sold around 21 on 18/10 and ceased as substantial shareholders
Price continue to fall slightly for next few days.
Then followed by rights issue price announcement on 28/10.
Since then, it has been dropping more and with higher volume.
Mr Quah timing is excellent !!!
Question now is whether Mr Quah will sell all his remaining shareholdings or will buy back more or whether there will emerge new substantial shareholders if there are parties collecting at cheaper prices.
When will the price stabilise and when will the price rebound ?
TAYOR and GOOD LUCK
Stock
2021-11-02 11:42 | Report Abuse
FOR NEW NEWBIES
Just be reminded
Total shares = 5,978,812,213
WB = 1,700,011,579
EPS is now negative, how high can it be ?
Seem to have lots of business opportunities and HOA/MOU, but it is safer to wait to see whether the next few quarterly results will produce profits.
Is it another MYEG in the making or BORNOIL in the making ?
Wait to see the quarterly result that is due to be announced by end of November.
====================================
TAYOR, set realistic target
Stock
Stock
Stock
2021-11-02 10:39 | Report Abuse
Profile for WARRANT C:
Issue Size in Unit 133,416,423
Issue Date 27 Oct 2021
Maturity Date 26 Oct 2024
Exercise/Conversion Period 3.00 Year(s)
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) 0.1600
Stock
2021-11-02 10:13 | Report Abuse
Directors are responsible to ensure success of rights issue to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue.
Stock
Stock
2021-11-01 16:02 | Report Abuse
PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY")
RIGHTS ISSUE WITH WARRANTS
Total valid acceptances 93,436,814 15.40
Total valid excess applications 306,812,737 50.57
Total valid acceptances and excess applications 400,249,551 65.97
Total Rights Shares available for subscription 606,704,826 100.00
Not subscribed for 206,455,275 34.03
https://www.klsescreener.com/v2/announcements/view/3445345
===============
Total valid acceptance very low at 15.40%
Excess application at a high of 50.57%, most likely by other penny stock companies and operators.
Possible scenario is the operators and applicants of excess shares will attempt to support the price, create news & excitement to sell their allocated shares to market to release their fund tied up in the subscription.
To the directors, the fund raising exercise is considered a success even though it is not 100%.
Trade wisely and don't be caught at high price.
Stock
2021-11-01 15:56 | Report Abuse
Quarterly rpt on consolidated results for the financial period ended 31 Aug 2021
Profit/(loss) attributable to ordinary equity holders of the parent -1,767,000
https://www.klsescreener.com/v2/announcements/view/3449031
=================================
Another quarter of losses though lower amount.
=================================
TAYOR
Stock
2021-11-01 15:50 | Report Abuse
INTENTION TO DEAL BY DIRECTOR IN SECURITIES OF TA WIN HOLDINGS BERHAD ("TA WIN" OR "THE COMPANY") DURING CLOSED PERIOD
Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Dato' Yeo Boon Leong, JP, Chairman, Non-Independent Non-Executive Director of Ta Win intends to deal in the securities of Ta Win during the closed period.
Type of warrants holdings Number of Warrants B in the Company Percentage
Direct Interest: 3,500,000 0.256
Indirect Interest:
Deemed interested by virtue of my interest via Triad Capital Sdn. Bhd. 34,656,532 2.538
Total 38,156,532 2.794
This announcement is dated 29 October 2021.
===================================
Will Dato continue to dispose more warrants ?
Look out for changes in shareholdings announcement.
Stock
2021-11-01 15:44 | Report Abuse
GENERAL MEETINGS: Notice of Meeting
https://www.klsescreener.com/v2/announcements/view/3449501
4. Ordinary Resolution 3
Description : To approve the payment of Directors' Fees amounting to RM500,000.00 for the period from the 25th AGM up to the 26th AGM of the Company
Shareholder’s Action For Voting
====================================================
Directors continued to be paid well even though company recorded another year of losses and investors losing money due to weakness of stock price.
Stock
2021-11-01 15:39 | Report Abuse
Annual Report & CG Report - 2021
https://www.klsescreener.com/v2/announcements/view/3449501
Another year of loss -40,364,000
================================
Be informed fund raising via rights issue ;
““Ex- Right Issue” as from: 3 Nov 2021
================================
Nothing exciting as current market price 0.07 is same as rights issue price unless it can move up after 3 Nov onward
Stock
2021-11-01 15:31 | Report Abuse
FUND RAISING
PRIVATE PLACEMENT
PNE PCB BERHAD
PNE PCB BERHAD ("PNE" OR THE "COMPANY") PRIVATE PLACEMENT
On behalf of the Board, Mercury Securities wishes to announce that the Board had on 26 October 2021 (“Price-fixing Date”) fixed the issue price for the placement of 33,357,000 Placement Shares, being the third and last tranche of the Private Placement, at RM0.0678 per Placement Share (“Issue Price”).
The Issue Price represents a discount of 19.95% to the 5-day VWAP of the Shares up to and including 25 October 2021 of RM0.0847, being the last market day immediately preceding the Price-fixing Date.
This announcement is dated 26 October 2021.
https://www.klsescreener.com/v2/announcements/view/3445813
Listing date 2 Nov 2021
=====================================
Share issuance to raise fund again.
Total issued shares = 560,548,900
WA = 34,455,100
WB = 118,051,442
PP price = 0.0678
Current market price = 0.085
Profit of about 25% for PP investor at current market price.
Happy PP investor and happy directors but not retail shareholders
Frequent share issuance will cause dilution of shareholder equity % and EPS (if any)
================================
Stock
Stock
2021-10-30 15:29 | Report Abuse
Ada orang songlap company fund kah?
Stock
2021-10-29 21:33 | Report Abuse
Mother price 0.15 fell back to ex-right price of 0.155 of 30/9.
WB current price 0.11 could also follow to drop back to ex-right price of 0.045
Note that the exercise price for WB is 0.30 way out of money with only 15months to expiry.
TAYOR
Stock
2021-10-29 17:17 | Report Abuse
The announcement of rights issue price failed to boost the stock to close at 21 or higher makes the weekly chart not nice to see.
Perhaps Mr Kuah is a smart man who could read the market that most of us are not able to.
Just have to wait on for now and see how low can the price drop to.
Stock
Stock
2021-10-29 11:15 | Report Abuse
RIGHTS ISSUE PRICE = 0.12 per share
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 909,204,618 NEW ORDINARY SHARES IN TECHFAST ("TECHFAST SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING TECHFAST SHARE HELD, TOGETHER WITH UP TO 454,602,309 FREE DETACHABLE WARRANTS IN TECHFAST ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED
On behalf of the Board, UOBKH wishes to announce that the Board had on 28 October 2021 ("Price-Fixing Date") resolved to fix the issue price of the Rights Shares at RM0.12 per Rights Share ("Issue Price") and the exercise price of the Warrants at RM0.15 per Warrant ("Exercise Price").
==================================
Directors looking forward to increase company fund by 909,204,618 X 0.12 = RM109,104,554 (maximum scenario)
Easy convenient way compared to generating profits from business operations.
Shareholders get ready to pump in more money to subscribe for rights issue and free warrants.
============================
Total issued shares will increase to about 1.3 BILLION shares
New warrant = 454,602,309 (max scenario)
=============================
Directors are responsible to ensure success of rights issue exercise to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue shares.
TAYOR
Stock
2021-10-29 10:42 | Report Abuse
FUND RAISING AGAIN !!!
Be informed of previous fund raising exercise
===================================
On 21/7/21, completed massive fund raising via rights issue with free warrants following shares consolidation of 10:1
On behalf of the Board, Mercury Securities wishes to announce that the Rights Issue with Warrants has been completed following the listing and quotation of 991,989,752 Rights Shares and 578,660,588 Warrants A on the ACE Market of Bursa Securities today. This announcement is dated 21 July 2021.
Total amount raised = RM99,198,975
===================================
NEW PROPOSED PRIVATE PLACEMENT (up to 20% of the total number of issued shares)
https://www.klsescreener.com/v2/announcements/view/3446897
Size of placement
As at the LPD, the issued share capital of the Company is RM208,119,259 comprising
1,157,388,824 Shares.
As at the LPD, Pasukhas does not have any treasury shares. The Company has the following
convertible securities:
(i) 578,660,588 Warrants A; and
(ii) up to 298,279,000 ESOS Options which may be granted and exercised pursuant to the
maximum allowable amount under the ESOS.
--------------------------------------------------------------
On a minimum scenario, directors have the power to issue 231,477,700
On a maximum scenario, directors have the power to issue 406,865,600
---------------------------------------------------------------
On minimum scenario, total issued shares = 1,157,388,824 + 231,477,700 = 1,388,866,524
On maximum scenario, total issued shares = 1,157,388,824 + 406,865,600 = 1,564,254,424
======================================
Similar modus operandi of many penny stocks.
Frequent shares issuance to PP or ESOS to raise fund
Diluting shareholders equity % and reducing EPS if any
Increasing NOSH or total issued shares to multi-billion
=======================================
Monitor financial results for next few quarters
Monitor directors intention to issue more shares to raise fund via ESOS, PP or for asset acquisition
Monitor how directors utilise company funds and it could benefit company and shareholders
=======================================
TAYOR
Stock
2021-10-28 17:01 | Report Abuse
Hard to digest. So much good news and yet there are so much transacted at 4.5
0.055 959,300 60,627,900 61,587,200
0.050 73,408,200 5,846,300 79,254,500
0.045 173,205,500 144,643,700 317,849,200
0.040 282,400 0 282,400
Stock
2021-10-28 16:58 | Report Abuse
Weekly chart still not nice to see.
One more day to change the outlook of this week's candlestick, hopefully to close the week at 21.
Stock
2021-10-28 16:27 | Report Abuse
Operators will release their shares at or below rights issue price (14sen cushioned by free warrants) to newcomers.
Effectively, the operators want the fund raised from the rights issue to come from retailers pocket and they will use their money pool for other subscription exercise.
TAYOR
Stock
2021-10-28 16:26 | Report Abuse
Pump down pump up to entice and catch those who can't resist the temptation of FOMO
Stock
2021-10-28 15:55 | Report Abuse
Keep sharing good news among yourself to console yourself OLDBIES but please don't mislead NEWBIES into this stock with more than 5 billions shares which might eventually be consolidated down by at least 10 times.
Stock
2021-10-28 15:47 | Report Abuse
No UMA Issued !!!
20/10 7.5
26/10 10.5 (after 4 days of uptrend)
27/10 8 (after intra-day high of 11 and with much higher volume)
28/10 7.5 (3.45pm)
Those caught at 10.5 incurring about 30% losses at current price of 7.5
==================================
No UMA Issued !!!
Bursa surveillance system not able to filter this type of price manipulation?
Very sad day for those caught by price manipulators.
Stock
2021-10-28 14:23 | Report Abuse
Be informed that private placement could be misused by certain parties to gain control of a company at a lower price which is normally 'fixed' by directors.
Shares issued to PP investors cause dilution to shareholding of existing shareholders. Substantial shareholders can ceased to be one due to increase in total issued shares.
More shares in the market could also affect the stock price appreciation as a result of reduction in EPS unless the company can generate higher profits to commensurate with the additional shares issued to PP investors.
Stock
Stock
2021-10-27 17:11 | Report Abuse
Goreng pisang stock active for few days not noticed by Bursa surveillance team ?
Why no issue UMA on cheap price penny stocks price surge?
Stock
2021-10-27 16:53 | Report Abuse
QUARTERLY REPORT is out
https://www.klsescreener.com/v2/announcements/view/3445625
Profit/(loss) attributable to ordinary equity holders of the parent -3,171,000
Another quarter of loss, 8 consecutive quarters. When will it turn around?
Total cash as at 31/5/21 = 4.29 mil
Debt = 35.84 mil
Total issued shares = 2,892,717,361
WB = 275,453,358
=============================
TAYOR
Stock
2021-10-27 16:47 | Report Abuse
FREQUENT SHARE ISSUANCE IS DETRIMENTAL TO RETAIL SHAREHOLDERS
EMPLOYEES' SHARE OPTION SCHEME ("ESOS")
AT SYSTEMATIZATION BERHAD ("AT" OR "THE COMPANY") - OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME ("ESOS")
(a) Date of offer: 26 October 2021
(b) Exercise price of options offered: RM0.0525 each
(c) Number of options offered: 300,005,500
(d) Market price of AT’s shares on the date of the offer: RM0.055
This announcement is dated 26 October 2021.
https://www.klsescreener.com/v2/announcements/view/3445821
==============================================
Amount Raised = RM 15,750,288
PP price = 0.0525
Current market price = 0.055
Profit of about 5% for ESOS takers at current market price.
Happy ESOS takers and happy directors but not retail shareholders
Frequent share issuance will cause dilution of shareholder equity % and EPS (if any)
===================================
Total issued shares = 5,083,125,399
WC = 439,053,650
===================================
Be reminded of the huge issued shares
TAYOR
Stock
2021-10-27 15:58 | Report Abuse
It has been dropping from 60 since March.
Maybe high time to u-turn. Maybe Mr Kuah accumulating and buying back quietly using another account.
Good news for you guys. Hope the paid flag-man will not flag me this time.
But in actual fact, weekly chart still not nice to see.
Be positive, still got 2 days to turn the chart positive. Happy trading.
Stock
2021-10-27 15:40 | Report Abuse
You again fitnah. Can you show the comment that I said it is not good for Mr Kuah to dispose?
Stock
2021-10-27 15:31 | Report Abuse
Don't fitnah like some cheapskate politicians. Why do admin wants to ban me when facts provided are from Bursa company announcement ?
Stock
2021-10-27 15:24 | Report Abuse
FREQUENT FUND RAISING VIA SHARE ISSUANCE TO ESOS OR PP
OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME ("ESOS")
FINTEC GLOBAL BERHAD
(a) Date of offer : 26 October 2021
(b) Exercise price of options offered : RM0.0175
(c) Number of options offered : 200,000,000
(d) Market price of FINTEC’s shares on the date of the offer : RM0.02 each
This announcement is dated 26 October 2021.
https://www.klsescreener.com/v2/announcements/view/3446067
========================================
ESOS shares will profit at least 14% if sold at min price of 2sen. Quite attractive !!!
========================================
Total issued shares = 5,230,797,474
WA = 170,092,838
WB = 116,443,428
WC= 1,146,126,828
If all warrants are fully converted, total issued shares will 6.5 BILLION shares
CASH Rich with more than 100 mil. But how do shareholders benefit from it when directors chose not to pay dividend?
If company fund runs low and no more viable to issue more shares to raise fund, then there is possibility for directors to propose shares consolidation followed by rights issue with free warrant to get shareholders to pay for the fund raising exercise.
==========================================
TAYOR
Stock
2021-10-27 14:11 | Report Abuse
Why Mr Kuah chose to sell than to subscribe for the rights share at lower price?
He still has balance of 8 mii shares after selling 15mil. Will he dispose all ?
No where to check now as he is no more a substantial shareholder.
Stock
2021-10-27 12:04 | Report Abuse
Looks like the former substantial shareholder knows something that we do not know.
Stock
2021-10-27 11:46 | Report Abuse
Those who are patient enough, might be able to buy at 4 or 3.5.
Likely the price will stabilise probably until the next financial reporting quarter.
Or maybe wait for director (MSW) to make more announcements on MOUs, contract awards from other penny stock companies, etc
But the best indicator is the financial results for next few quarters.
Meanwhile, shareholders should monitor how the directors use the company fund and whether the directors intend to issue more shares to ESOS, PP or assets acquisition.
Excessive Share issuance for above fund raising exercises will dilute shareholding percentage and EPS while the total issued shares might increase to multi-billion again before the recently completed shares consolidation.
TAYOR, set realistic target.
Stock
2021-10-27 10:19 | Report Abuse
WHY IS MR KUAH SELLING DOWN AT THIS PRICE ?
TECHFAST - acquisition of 175,000 ordinary shares in CCK Petroleum Sdn Bhd ("CCKSB") ("Sale Share(s)"), representing 35.0% equity interest in CCKSB from Kuah Choon Ching ("Vendor") for a purchase consideration of RM26,250,000 ("Purchase Consideration") to be satisfied via a combination of RM16,170,000 in cash ("Cash Consideration") and RM10,080,000 via the issuance of 23,441,860 new Techfast Shares at an issue price of RM0.43 per Techfast Share ("Consideration Share(s)") ("Proposed Acquisition");
======================================
Notice of Person Ceasing (Section 139 of CA 2016)
FAST ENERGY HOLDINGS BERHAD
Particulars of Substantial Securities Holder
Name MR KUAH CHOON CHING
Date of cessation 18 Oct 2021
No of securities disposed 15,302,325
Circumstances by reason of which a person ceases to be a substantial shareholder
Ceased to be substantial shareholder due to disposal of 15,302,325 ordinary shares via open market transaction.
Nature of interest Direct Interest
Date of notice 25 Oct 2021
Date notice received by Listed Issuer 25 Oct 2021
=======================================
23,441,860 new Techfast Shares at an issue price of RM0.43 per Techfast Share
15,302,325 shares sold at 0.22 on 18/10/21
======================================
WHY IS MR KUAH SELLING DOWN AT THIS PRICE ?
Stock
2021-10-27 09:59 | Report Abuse
GENERAL MEETINGS: Notice of Meeting
VORTEX CONSOLIDATED BERHAD
Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
VORTEX CONSOLIDATED BERHAD ("Company" or "VORTEX") - Extraordinary General Meeting ("EGM")
Date of Meeting 03 Nov 2021
Time 09:30 AM
1. ORDINARY RESOLUTION
Description
PROPOSED PRIVATE PLACEMENT OF UP TO 388,463,200 NEW ORDINARY SHARES IN VORTEX ("VORTEX SHARES") ("PLACEMENT SHARES"), REPRESENTING UP TO 40% OF VORTEX SHARES IN ISSUE (EXCLUDING TREASURY SHARES, IF ANY).
Shareholder’s Action For Voting
===============================================
1. FUND RAISING EXERCISE AGAIN
Circular to shareholders in relation to the proposed private placement of up to 388,463,200 new ordinary shares in Vortex Consolidated Berhad ("Vortex") ("Vortex Shares") ("Placement Shares"), representing up to 40% of Vortex Shares in issue (excluding treasury shares, if any) ("Proposed 40% Private Placement")
https://www.klsescreener.com/v2/announcements/view/3439621
Date Announced 13 Oct 2021
======================================
2. CONVERSION OF WARRANTS AT 0.17 PER SHARE !!!
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants-C
No. of shares issued under this corporate proposal 60,704,100
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1700
Latest issued share capital after the above corporate proposal in the following Units 726,008,852
Issued Share Capital ($$) Malaysian Ringgit (MYR) 230,703,562.570
Listing Date 21 Oct 2021
=============================================
Directors intention to issue 40% of new shares will dilute substantial shareholders percentage.
Fund raising by issuing 40% new shares is massive !!!
60,704,100 shares converted from warrants represent 8.36% of shareholdings. Will there be a new substantial shareholder?
Will the warrant converter support or oppose the proposed fund raising during the EGM???
============================================
TAYOR
Stock: [MAGMA]: MAGMA GROUP BERHAD
2021-11-03 11:23 | Report Abuse
PP Price Fixed at 0.07
PRIVATE PLACEMENT OF UP TO 20% OF THE SHARE CAPITAL OF IMPIANA TO INDEPENDENT THIRD PARTY INVESTOR(S)
On behalf of the Board, M&A Securities is pleased to announce that the Company has fixed the issue price of the new ordinary shares in Impiana to be issued pursuant to the Private Placement at RM0.07 per Placement Share.
The aforementioned issue price of RM0.07 per Placement Share represents a discount of approximately RM0.0077 or 9.91% to the 5-day weighted average market price of Impiana Shares from 26 October 2021 to 1 November 2021 of RM0.0777.
This announcement is dated 2 November 2021.