The Board of Directors of KAG wishes to announce that its wholly owned subsidiary, DVM Innovate Sdn Bhd (“DISB”), had on 22 May 2017 entered into a Share Acquisition Agreement (“Agreement”) with RapidCloud Asia Sdn Bhd (“the Vendor”) to acquire 1,000,000 ordinary shares (“Sales Shares”) representing 100% equity interest in RAPIDCLOUD (M) SDN BHD (544992-U) (“RAPIDCLOUD”) (“Proposed Acquisition”) at a total purchase consideration of Ringgit Malaysia Three Million Five Hundred Thousand Only (RM3,500,000.00) (“Purchase Consideration”) subject to the terms and conditions stipulated therein.
Please refer to attachment for full text announcement.
Trading halts can happen any time of day. The listed company is supposed to call the exchange where it is listed, 10 minutes prior to any material news that they are releasing, in order for the exchange to halt the stock before the news is released. The first 5 minutes of a halt is for "news pending" before any information is released that could affect a stock significantly, also known as the "5 minute window". wiki
No wonder today suddenly got activities....suddenly up....I thought must be good news...hahahahah...now keep for long term maybe can reach 20 sen if alibaba comes in....
Congratz anyone who believe in this counter and willing to wait for results despite haters talking trash about it, against what you believe. Believe in your instinct and research rather than rattling racous haters
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....
mirilang
411 posts
Posted by mirilang > 2017-05-22 14:36 | Report Abuse
suspend?