Why owner want to consolidate...... just to press down? Remember they also having share in this company. If they press down, what happen to their Collateral in the bank. This consolidation not by forced. Sure the owner has planed, please stay calm and enjoy the ride.
Look at SINO HUA-AN INTERNATIONAL BHD!!! From 3.5 sen dead cow to 22 sen. hahaha... It gave a lot of confident to dead cow stock like Kgroup to rebound back. Stay positive.
Its matter of how they want to play it. Now they squeeze your balls to collect...then pump up. I will hold tight Kgroup believing one day it will be the next Huaan. Huuuuat ah.
Apparently got another unconfirmed report of change in top leadership again. Dunno how far its true but seems likely. We shall see. The old management seems to be puppets.
Kg price can shoot up more if they can be associated with Jack Ma DFTZ. Otherwise no way. Saying that recently all the actions from KG are moving to upwards..... 1. Acquiring Cloud base company. 2. Young management who has believe in tech biz. 3. Consolidations. Late last year PM sign MOU with Alibaba Cloud. Invest after done your own reseach . Good luck.
Flyinhhigh. I never mention anything about Rapid Cloud. Why you need to be so rude? Make sure you stay in this forum till mid 2018. I'll show you who is dreaming? Don't act like you know everything?
"Invest after done your own reseach" . Good luck. I didnt mislead anyone? Please refer to the above comment. I have requested to conduct reseach before invest.
Flyinghigh..... you has the right to place your comments and counter peoples comment. Saying that you has no right to talk about peoples intelligence. We Malaysian has a culture and please keep that in your mind. If you are too intelligent, you will be like Jack Ma, Warren Buffett, Late Steve. And not in this forum with rude comments.
Flyinghigh, keep your swindler mentality to yourself lah. Dun need your negativity to add wounds to Kgroup. U are here to buy or to sell? Go other place to talk cock ok ?
Why fly? Because 4:1. Bursa pushing to actual price. If you bought previously 100 lot, now become 25 lot. Why want to sell? take profit? :D Good luck all.
KGROUP - Notice of Book ClosureILC-07092017-00001BOOKS CLOSURE DATE FOR THE CONSOLIDATION OF EVERY 4 ORDINARY SHARES IN KEYALLIANCE GROUP BERHAD ("KAG" OR THE "COMPANY") ("SHARES") INTO 1 SHARE("CONSOLIDATED SHARE") AT 5.00 P.M. ON 14 SEPTEMBER 2017 ("SHARECONSOLIDATION") ("BOOKS CLOSURE DATE").
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex -Consolidation? as from: 12 Sep 2017
2) The last date of lodgment : 14 Sep 2017Remarks 1: Participating Organisations are to take note of the following ShareConsolidation exercise by KEY ALLIANCE GROUP BERHAD The Share Consolidationcomprises the following:- SHARE CONSOLIDATION OF EVERY 4 ORDINARY SHARES IN KEYALLIANCE GROUP BERHAD ("KAG" OR THE "COMPANY") ("SHARES") INTO 1 SHARE("CONSOLIDATED SHARE") AT 5.00 P.M. ON 14 SEPTEMBER 2017 ("SHARECONSOLIDATION") ("BOOKS CLOSURE DATE").
In relation to the ShareConsolidation undertaken by KGROUP as a SPEEDS Corporate Exercise, BursaMalaysia Securities Berhad would like to highlight that:
a) on or after theEx-date on 12 September 2017, trading of KGROUP shares will be based on thenewly adjusted share after the Share Consolidation of KGROUP shares,
b) on thebasis of settlement taking place after 14 September 2017 with consolidatedKGROUP shares, any entitled shareholder who owns KGROUP shares as at Ex-datemay sell only up to the maximum KGROUP shares he expects to receive after theShare Consolidation, i.e. the reduced amount, on or after the Ex-date 12 September 2017 With the adjustments pursuant to the Share Consolidation effected on KGROUP shareholders? CDS account at the end of the Entitlement Date(?Books Closure Date?), an entitled KGROUP shareholder may use the followingbasis to estimate the maximum number of KGROUP shares that he may sell from theEx-date until the Book Closing Date which is from 12 September 2017 until 14September 2017. Number of KGROUP shares that may be sold = Number of shares held x 0.25 on 12 September 2017 until 14 September 2017(All fractional shares computed should be disregarded) Illustration: Forexample, if Mr X owns or purchases 1000 KGROUP shares on cum basis on 11 September 2017, his CDS account would still show 1000 KGROUP shares until 14September 2017. However, as a result of the above Share Consolidation exercise,Mr X?s 1000 KGROUP shares in his CDS account will be adjusted to 250 KGROUPshares on the night of 14 September 2017 which is the Book Closing Date.Therefore Mr X may, if he so wishes, sells only up to 250 KGROUP shares on orafter the Ex-date i.e. from 12 September 2017 onwards. ParticipatingOrganisations are hereby requested to caution all dealers and remisiers that,during the period from 12 September until 14 September 2017, they are onlyentitled to sell the maximum of 25% of the shares owned before the Ex-date.Participants Organisations are reminded that it is important to caution alldealers and remisiers on the above to prevent the dealers and remisiers fromoverselling of their client?s position. Remarks 2: Arising from the migrationto the no par value regime under the Companies Act 2016, par value is no longerrelevant. The actual number of Consolidated Shares to be issued would depend onthe issued share capital of KAG on the Books Closure Date. The fractional entitlements arising from the Share Consolidation, if any, will be disregardedand/or shall be dealt with by the Board of Directors of the Company ("Board")in such manner as the Board in its absolute discretion deems fit and expedientor in the best interest of the Company. The Consolidated Shares will be listedand quoted on the ACE Market of Bursa Malaysia Securities Berhad ("BursaSecurities") on 15 September 2017, being the next market day following theBooks Closure Date. The notice of allotment for the Share Consolidation will bedespatched to the entitled shareholders not later than 4 market days after thedate of listing and quotation of the Consolidated Shares on Bursa Securities.MANAGER, SEC. MARKET
You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe 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....
moneycome123456
560 posts
Posted by moneycome123456 > 2017-09-01 14:38 | Report Abuse
12/9/17 is consolition day 1, price will fly? if buy on a day how to count? is divided by 4? or....