vegebotak, you ask to throw glotec @ 0.055 n i let go @ 0.065 n shares price up till 0.105, i really regret la. my cost for RA is 0.050. if throw, i also become botak.
When dates and price are announced, panic sell will push price down to new lows as people will not pay to buy rights. They also do not want to keep as price will be average down....due to rights shares
The disposal is referring to the old transactions dated Apr'14. It was the same announcement made on the disposal by Nextgram. Previous announcement was announced as "Direct Disposal by Nextgram" and now they repeat the similar announcement as "Indirect Disposal by the MD of Nextgram". Both announcements were referring to the same disposal transactions.
The Board of Directors of R&A (“Board”) wishes to inform that the Company’s Sponsor, TA Securities Holdings Berhad (“TA Securities”) has completed its tenure as Sponsor of the Company on 31 December 2014 and accordingly, has ceased to be the Company’s Sponsor with effect from 1 January 2015. The Board also wishes to announce that the Company will not be renewing its Sponsorship with TA Securities and will not be appointing another Sponsor.
The Company has fulfilled the requirement under Rule 3.21(1) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) which requires a company listed on the ACE Market of Bursa Securities to secure and maintain the services of a Sponsor for at least three (3) full financial years after its admission to the ACE Market of Bursa Securities.
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....
john1973_lew
90 posts
Posted by john1973_lew > 2014-08-14 13:42 | Report Abuse
Pls fly...