The reversal in gloves is definitely affecting sentiment, but Ucrest appears to be holding for now. Announcement today is 2 directors exercising their options. All directors received their ESOS share options on 15 May. They did not sell, so means recent drop is maybe spillover effects from gloves selloff and not the directors dumping.
Details of Changes Date of Notice : 03/06/2020 Transactions: No. Date Transaction Type No of Shares Price (RM) 1. 02/06/2020 Others 6,960,000 - Circumstances by reason of which change has occurred: Allotment of Shares arising from exercise of share options under Employee Share Option Scheme Nature of Interest: Direct Interest Consideration:
No of Shares Held After Changes: Direct : 89,271,427 shares (18.9540%) Indirect/Deemed Interest : 2 shares Total : 89,271,429 shares Remarks: Deemed interest pursuant to Section 8 of the Companies Act 2016 in respect of shares held by brother Eg Kaa Chee You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
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....
William Tan
850 posts
Posted by William Tan > 2020-06-03 07:04 | Report Abuse
sure bo....want to break 0.2 also hard