Panpage need to break free from being labeled as a con company. Looking at the historical of the company announcement, there have been internal issues and management litigation before. Also, their none performing quarter over the few years is in fact the MD, Mr Fong need to look into. Being a MD for Panpage for 10 over years, instead of the company business prospects sideways, and new businesses aren't coming in, don't you Mr Fong Wai leong need to do something about it?
The coming quarter is this month. Hope to see a real revival to this company.
disposal of the Thailand panpages (48%) to Dotasia Data Holdings for cash consideration of 3.5mil. The proceed will go for paying salary of RM2mil, bank facility of 1mil and operation expenditure of 500k and be utilised within 12 months.
MULTIPLE PROPOSALS PANPAGES BERHAD ("PANPAGES" OR "COMPANY")(I) PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS;(II) PROPOSED RIGHTS ISSUE OF ICPS;(III) PROPOSED DIVERSIFICATION; AND(IV) PROPOSED AMENDMENTS TO CONSTITUTION(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") 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
#Myscm (0041) corporate exercise offers 1 for 5 right issue of ordinary share at 25 sen per share attached with 3 free warrants with 5 years duration and exercise price of 25 sen, and also offer 3 for 1 right issue of ICPS with nominal value of 5 sen each , with conversion price of 20 sen, and conversion options are 4 ICPS or 1 ICPS+15 sen cash to 1 ordinary share within 5 years from the day of issuing.
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....
jingming8154
56 posts
Posted by jingming8154 > 2018-11-15 16:10 | Report Abuse
come for one day only?