Share price overhyped? Just building an integrated network for communications.................. Info from chat GPT In general, land acquisition does not have a direct relationship with a digital hub. A digital hub is typically a software or device that provides integrated access to applications and workflows or switches multiple streaming services. Land acquisition, on the other hand, refers to the process of acquiring land for development or other purposes. However, if a company or organization is planning to build a physical location for their digital hub operations, they may need to acquire land for that purpose.
1. Details of Corporate Proposal Involve issuance of new type/class of securities ? No Types of corporate proposal Exercise of Warrants Details of corporate proposal Conversion of Warrant C to Ordinary Shares No. of shares issued under this corporate proposal 190,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.5000 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 523,785,010 Issued Share Capital ($$) Malaysian Ringgit (MYR) 261,892,806.500 Listing Date 14 May 2024
Announcement Info Company Name MENANG CORPORATION (M) BERHAD Stock Name MENANG Date Announced 13 May 2024 Category Additional Listing Announcement /Subdivision of Shares Reference Number ALA-07052024-00016
Menang shares closes in on nine-month high on special dividend, earnings TheEdge Tue, May 21, 2024 09:22am - 14 minutes
KUALA LUMPUR (May 21): Shares of Menang Corp (M) Bhd (KL:MENANG) rose to its highest in nearly nine months after the property development and management company declared a special dividend amid six-year high quarterly earnings.
Menang rose as much as 10% or eight sen to 88 sen, its highest since Aug 29, 2023. The stock was trading at 87 sen at 9.05am, valuing the company at over RM435 million. Trading in Menang’s shares were also more active than usual, with volume nearly double its 200-day moving average.
Immediate Announcement on Shares Buy Back MENANG CORPORATION (M) BERHAD
Date of buy back 23 May 2024 Description of shares purchased Ordinary Shares Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 609,000 Minimum price paid for each share purchased ($$) 0.820 Maximum price paid for each share purchased ($$) 0.850 Total consideration paid ($$) 513,943.46 Number of shares purchased retained in treasury (units) 609,000 Number of shares purchased which are proposed to be cancelled (units) 0 Cumulative net outstanding treasury shares as at to-date (units) 781,300 Adjusted issued capital after cancellation (no. of shares) (units) 524,742,520 Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 0.14889
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....
Kim
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Posted by Kim > 2023-04-26 16:44 | Report Abuse
Foreigner Big major shareholder =)