roposed Diversification and Proposed Special Bumip utera Issue On 4 February 2016, the Company announced a proposa l to undertake the following: Private Placement There were no corporate proposals undertaken by the Group during the period under review other than as follow: There were no acquisitions or disposals of unquoted investm ents or properties during the financial quarter under review. The Group does not hold any quoted or marketable securities a s at 31 March 2016. There were no purchases or disposals of quoted securities for the current quarter. No provision for income tax has been made druing the current q uarter as the Group has sufficient unutilised tax losses to set off the tax payable. Proposed diversification of the principal activities of Ra ya and its subsidiaries to include oil bunkering and trading of oil related products; Proposed special bumiputera issue of up to 12.5% of the issue d and paid-up share capital of Raya, representing up to approximately 20,500,000 new ordinary s hares of RM0.10 each in Raya ("Bumiputera Shares"), to bumiputera investors to be recog nised by the Ministry of International Trade and Industry ("MITI") ("Proposed Special Bumi putera Issue"); On 28 December 2015, the Company completed its private place ment exercise of 13,041,100 new ordinary shares of RM0.10 each in the Company representing a pproximately 10 % of the existing issued and paid-up share capital of the Company at RM0.15 per share. The above proposals are subject to approval of the relevant authorities and shareholders.
On 28 December 2015, the Company completed its private place ment exercise of 13,041,100 new ordinary shares of RM0.10 each in the Company representing a pproximately 10 % of the existing issued and paid-up share capital of the Company at RM0.15 per share.
Another M3Tech? Please be careful bro. I burned 1.5 sen at M3Tech...considered lucky...the next day it plunged 10 sen. So this Raya also went to a high of 33 sen...now u-turn...be careful.
This counter actually they got a lot of planning in future, in long term really nice to hold but they currently just want to show to public they are really outstanding shares and want to attract more people to KIV it.
Ok....if 0.24 is broken, dun wait....cut all your loses....If the price can close above 0.24-0.245 or higher, there is a chance for short term rebound.
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....
james88n
115 posts
Posted by james88n > 2016-06-10 10:00 | Report Abuse
0.275 kena trap juga