If this is the first time you catch a glimpse of this counter, start reading the forum from 22 March 2021. That is the D-day when the blood bath happened. Interesting read. Just imagine, I nearly got a job in this company a few years ago. It's God's blessing that it did not pan out.
CREDIT SUISSE AG 23-Jul-2021 Notice of Person Ceasing 6,607,700 0.000 View Detail CREDIT SUISSE GROUP AG 23-Jul-2021 Notice of Person Ceasing 6,607,700 0.000 View Detail CREDIT SUISSE AG 22-Jul-2021 Disposed 28,924,800 0.000 View Detail CREDIT SUISSE GROUP AG 22-Jul-2021 Disposed 28,924,800 0.000 View Detail
Recently completed fund raising via Rights Issue @0.15 per shares with free warrant
05 May 2021 20 May 2021 Rights Issue 2.0000 : 1.0000 0.1500
RENOUNCEABLE RIGHTS ISSUE OF UP TO 475,295,394 NEW ORDINARY SHARES IN SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") ("SAUDEE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE TOGETHER WITH UP TO 237,647,697 FREE DETACHABLE WARRANTS IN SAUDEE ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 MAY 2021 ("RIGHTS ISSUE WITH WARRANTS")
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Now fund raising again via proposed Private placement :
PROPOSED PRIVATE PLACEMENT OF UP TO 143,217,500 NEW ORDINARY SHARES IN SAUDEE, REPRESENTING UP TO APPROXIMATELY 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE (EXCLUDING TREASURY SHARES), TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER
Total issued shares = 716,354,819 WB = 233,790,060 CASH = 80 mil as at 31/7/21 quarterly report
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What the directors Mak Siew Wei and Tay Ben Seng planning to do with the cash? More fund raising via share issuance to PP and ESOS will dilute the shareholders equity and EPS
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....
ZackKiddo
387 posts
Posted by ZackKiddo > 2021-10-12 05:31 | Report Abuse
Makanan yg dibekukan (frozen foods) boleh jual macam kek panas kan?