11 Mar 2020 LIEW KOK LEONG 670,200,000 CHIN KOK FOONG 883,439,043 FOO CHU JONG 100,000,000 JELAJAH UTARA 375,000,000 PSSBJAYA HOLDINGS 375,000,000 THIS three person subscription 40-50% icps TOTAL :2,378,639,043
AGESON BERHAD Additional Listing Announcement /Subdivision of Shares
Shares Details of corporate proposal : Conversion of Irredeemable ConvertiblePreference Shares to Ordinary Shares No. of shares issued under this corporate proposal : 80,000,000 Issue price per share ($) : 0.13 Listing Date : 5/05/2020
AGESON BERHAD Additional Listing Announcement /Subdivision of Shares
Shares Details of corporate proposal : Conversion of Irredeemable ConvertiblePreference Shares to Ordinary Shares No. of shares issued under this corporate proposal : 58,000,000 Issue price per share ($) : 0.13 Listing Date : 8/05/2020
AGESON BERHAD Additional Listing Announcement /Subdivision of Shares
Shares Details of corporate proposal : Conversion of Irredeemable ConvertiblePreference Shares to Ordinary Shares No. of shares issued under this corporate proposal : 15,702,000 Issue price per share ($) : 0.13 Listing Date : 13/05/2020
AGESON BERHAD Additional Listing Announcement /Subdivision of Shares
Shares Details of corporate proposal : Conversion of Irredeemable ConvertiblePreference Shares to Ordinary Shares No. of shares issued under this corporate proposal : 38,292,038 Issue price per share ($) : 0.13 Listing Date : 19/05/2020
AGESON BERHAD Additional Listing Announcement /Subdivision of Shares
Shares Details of corporate proposal : Conversion of Irredeemable ConvertiblePreference Shares to Ordinary Shares No. of shares issued under this corporate proposal : 14,080,000 Issue price per share ($) : 0.13 Listing Date : 20/05/2020
old boss FOO CHU JONG 22,476,562 (3.515) sell reduced stakes same as ARBB old boss yeoh, liew VC (not businessman) working in china 15 year comeback in malaysia year 2018 cooperation them restructuring ARBB and AGES with below pattern...
company motivation restructuring raise capital and boss play same as ARBB
2019 Foo have use AGES help liew VC guy in ARBB icps convert listing selling in open market... 2020 liew Vc guy help foo icps convert listing selling in open
play shares pattern issue 1c subscription near 50% icps after that within few month convert and selling in open market...
2020 Ages is a copy ARBB, you can see ARBB 2018-2020 COMPANY DEVELOPMENT STORY AND CONVERT SHARES SELLING IN OPEN MARKET MOTHER SHARES MOVEMENT first half year upward PUMP convert selling second half year downward DUMP like (roller coaster)!
AGESON BERHAD Additional Listing Announcement /Subdivision of Shares
Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares No. of shares issued under this corporate proposal : 25,570,000 Issue price per share ($$) : 0.1300 Listing Date : 11/06/2020
Btw their PA conversion wud continue til depletion of its issued icps of >>4 bil.a time line of ~4yrs.Along tis timing its mother shares wud continue to be depressed unless big breaking news such as milestones of sand profits via tonnage deliveries are reported in its cming qtr.Bottomline the lesser th quantity of its icps remain the more stable its mother price..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
firehawk
4,782 posts
Posted by firehawk > 2020-05-20 10:44 | Report Abuse
There is 2 modes of conversion,
1) only PA;
2) PA +cash
do u consider this?