To issue ESOS, does the company needs an approval, authorization, registration or file a prospectus with the Securities Commission?
Listed Company
Public companies that are issuing bonus shares, employee share schemes and ESOS no longer require the approval of the Securities Commission (SC). However, the regulatory parameters governing bonus issues and ESOS proposals are now administered by Malaysia Securities Exchange Berhad (MSEB).
=========================== Total issued shares = 5,287,940,331 WA = 170,092,838 WB = 116,443,428 WC = 1,146,126,828
=========================== Very heavy with 3 children
===========================
TRADE WISELY, don't be caught with corporate exercise that is not beneficial to retail shareholders
17/11/2021 10:38 AM
BLee: Hi @whistlebower99, hope a very good trading day to you. Agreed that, PP and ESOS might NOT be beneficial NOT only to retail shareholders, it should be to ALL shareholders..."无风不起浪" meaning "No wind will Not create wave" i.e. Hopefully this new injection of capital can create new waves of income.
I am against PP and ESOS due to the 5 days VWAP price setting and usually at 10% discounted price...it might has other benefit such as interest free cash.
@sunsetbiz: too many kids to take care at end it will dry till die
18/11/2021 10:38 AM
BLee: Hi @sunsetbiz, I love bringing up my kids and enjoying the returns from my kids although no such contract.
Come back to WA, WB and WC as term 'son'; it is just another representation for warrants due to spin off from mother shares. There is NO feeding, paying fees and any expenses required. As explained earlier and I can reiterate again, if warrants exercised, a form of cash raising instrument for mother shares. No heavy burden or no sucking till dry/die...
BLee: Hi, whistlebower99, many thanks for sharing above list. I am NOT a fortune teller, therefore I won't predict which next in line. Unlike PP and ESOS which don't involve shareholders, consolidation and RI do not necessary dilute shareholding/NTA. If investor do not take up RI, there is an option to sell RI-OR, I have done many times selling RI-OR if I don't intend to add capital.
On share consolidation, do not confused with market price and stock value. Market price is based on supply and demand, and also the future profitability of a company. Consolidation is meant to reduce supply and increase stock value, hoping to increase demand. Due to speculative and other factors, sometime market price don't work that way. The increase/decrease in stock value (NTA) won't change until the next QR/AR. Please correct me if I am wrong, BLee can take criticism as it is NOT the real me..haha.
If company fund depleted, then directors have power to propose shares consolidation and rights issue with free warrant to squeeze more money from generous shareholders.
Similar modus operandi taken by several low priced penny stocks.
I like how my name, alongside others like whistleblower, gtrader ppmaster etc etc are being mentioned in a lot of other penny stocks forums and labelled as "scammers" and we are the trying to bring price down instead
It means we have struck a nerve and cause enough ripple on those fintec syndicate until they have to send their low grade cyber trooper until they have to create multiple accounts like con ular sawa and whatever other name lah to spam those forums.
So to fintec gang..F u..you will get caught one day, just counting days for the hammer to drop..
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....
bookerhoot9eee
117 posts
Posted by bookerhoot9eee > 2021-11-10 17:59 | Report Abuse
@ sato seriously?? 0.21 to 0.015 hahahahahahahahahahahahaha