Yes Investor 118. Obviously AppAsia wants to buy the shares at a lower price, and the buyback is NOT designed to push the prices up. For that to happen, meaning an increase in share price, something significant must happen in terms of earnings, and then the buyback shares can be given out as dividends as icing on the cake. For your information Yellow Pages is building a SUPERAPP in BRUNEI.
What will Telekom Malaysia and AppAsia do with Yellow Pages in Malaysia.
MULTIPLE PROPOSALS APPASIA BERHAD ('APPASIA' OR THE 'COMPANY') I. PROPOSED SHARE SPLIT; AND II. PROPOSED BONUS ISSUE OF WARRANTS(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
sorry charlie, you are right, I thought 30th is ex-date, today 30th is the last day entitled to split share, and tomorrow 1st July is the last day for free warrant entitlement
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....
Edwardong53
729 posts
Posted by Edwardong53 > 2021-03-15 15:13 | Report Abuse
Funny what a great qtr when the co. can't even make 1 sen !!!!