MORE FUND RAISING VIA SHARES ISSUANCE TO PP (AND ESOS)
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING Description M N C WIRELESS BERHAD ("MNC" OR THE "COMPANY") PRIVATE PLACEMENT
On behalf of the Board, Mercury Securities wishes to announce that the Board had on 7 March 2022 ("Price-fixing Date") fixed the issue price for the placement of 527,642,000 Placement Shares, being the first and final tranche of the Private Placement, at RM0.0176 per Placement Share ("Issue Price").
The Issue Price represents a discount of 9.74% to the 5-day VWAP of the Shares up to and including 4 March 2022 of RM0.0195, being the last market day immediately preceding the Price-fixing Date.
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
================ 1. Particulars of Substantial Securities Holder Name ARENA EVOLUSI SDN. BHD. Date interest acquired 09 Mar 2022 No of securities 352,000,000 Subscription of new ordinary shares pursuant to the Company's Private Placement Direct (units) 352,000,000 Direct (%) 15.395 Date of notice 11 Mar 2022
================= 2. Particulars of Substantial Securities Holder Name MR HO JIEN SHIUNG Date interest acquired 09 Mar 2022 No of securities 175,642,000 Subscription of new ordinary shares pursuant to the Company's Private Placement Direct (units) 179,485,333 Direct (%) 7.85 Date of notice 11 Mar 2022
KUALA LUMPUR (March 21): Cita Realiti Sdn Bhd, a substantial shareholder of BCM Alliance Bhd, Sanichi Technology Bhd and MNC Wireless Bhd, has also emerged as the largest shareholder of Fitters Diversified Bhd.
This follows its acquisition of a 8.2% stake (47 million shares) in the diversified group, which is involved in property development, fire services, PVC pipes and renewable energy, bringing its total stake to 10.01% (49.95 million shares), according to a bourse filing.
Just a week ago on March 14, Fitters Diversified announced to the exchange that Cita Realiti had ceased to be a substantial shareholder of the group, after disposing of 6.97 million shares, equivalent to a 1.2% stake, on March 3.
Prior to that, Cita Realiti was actively trading Fitters Diversified’s shares, bourse filings showed, with the company disposing of 15.44 million shares on March 2, after acquiring 1.88 million shares on March 1. It also disposed of another block of 7.79 million shares on Feb 28.
These acquisitions and disposals were made via the open market.
Notably, it had been accumulating Fitters Diversified shares off market since late 2021, acquiring a total of 31 million shares between Dec 24, 2021 and Jan 26, 2022.
Besides Cita Realiti, Fitters Diversified’s substantial shareholders include Pang Chow Huat (8.55%), Leong Kok Wah (3.52%) and Ho Shu Keong (3.47%), Bloomberg data showed.
Fitters Diversified’s share price fell 0.5 sen or 2.6% to close at 18.5 sen on Monday (March 21), giving it a market capitalisation of RM106.28 million. Year-to-date, the counter has fallen 41% since its closing of 31.5 sen on Dec 31.
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....
sangjero
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Posted by sangjero > 2022-02-16 11:14 | Report Abuse
I AM IN
RESISTANCE
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UNCHARTED TERITTORY