cytew Daily8 , for typical retailers, if they lose money in a counter, they will scold the boss as conman (老千), if they made good money ,they will praise the boss as god (神仙) 27/11/2019 5:43 AM
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING Description PUC BERHAD ("PUC" OR THE "COMPANY")
PROPOSED 30% PRIVATE PLACEMENT OF UP TO 166,601,000 NEW ORDINARY SHARES IN PUC, REPRESENTING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF PUC, TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED 30% PRIVATE PLACEMENT") On behalf of the Board of Directors of PUC (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities” or the “Principal Adviser”) wishes to announce that the Company proposes to undertake the private placement of up to 166,601,000 new ordinary shares in PUC (“PUC Shares” or “Shares”), representing up to 30% of the total number of issued shares of PUC, to independent third party investors to be identified later, at an issue price to be determined later.
Last round sexy lips helped Boss to trap a lot of waterfish ard RM0.20+...after losing like hell now sexy lips is back trying to con more for the coming 5 into 1 shares consolidation n maybe rights issues
CharlesT , I wonder why one calling buy n TP at 0.50 . But he said he sold all the PA when mother price 0.28. Is this practice of a seasonal investor??
cytew If you buy at 5.5 sen now, virtually you are buying IPO of pictureworks (PW) at 27.5 sen per share,because after full acquisition of picture works, more than 80% of puc profit comes PW
Cytew, if 80% of the profits are from PUC, this mean PUC own existing business isn't sufficient. What happened then their business of the apz, the 11th street?
Puc is same as Netx keep issue pp shares from 15 Sen, 12 Sen 12 8 , 6 , 5 4.5 ......3... 2.5...2..1.5... Normally they will sell 2 months before pp, later top up from pp shares, the price will b lower n lower but they are getting more n more shares without forking out a single sen, new puc pp share could b 4.8 Sen but they have sold more than 200 million @5.5 Sen....
Be extra careful with co with huge paid up capital (billions of shares) and share consolidations/ PP/right issues etc with lousy results, and also with con promoter promoting in I3 non stop
Boss can seat at KL Tower enjoying the meal ,view . After that ride his sport car to stroll around. Private plane to trips Yath to Maldive. All these are sponsored free by innocent retailer =(
cytew Daily 8, Revenue boss had taken all my proposals and advices to him closely and implement them accordingly to my suggested sequence and timing, while PUC boss was not, but now he had already took my proposal and advices closely and my suggested sequence by implementing (1) share consolidation, (2) acquisition of remaining 67% of Puctureworks (3) 30% private placement... accordingly 30/11/2019 7:23 PM
CYTEW, You must be somebody big enough to sit with C3 to discuss the best options for PUC. lol
Please share, what if Pictureworks is not in the picture anymore? Sorry, not Primeworks.
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Posted by Daily8 > 2019-11-27 16:52 | Report Abuse
cytew Daily8 , for typical retailers, if they lose money in a counter, they will scold the boss as conman (老千), if they made good money ,they will praise the boss as god (神仙)
27/11/2019 5:43 AM
Haha. If this is the 'REASON" , then will add PUC