On behalf of the Board, UOB Kay Hian wishes to announce that the Board had on 7 August 2020 resolved to fix the issue price for the Private Placement at RM0.0435 per Placement Share.
The issue price of RM0.0435 per Placement Share represents a discount of approximately 9.94% to the 5-day VWAP of Bornoil Shares up to and including 6 August 2020, being the last traded day of Bornoil Shares immediately preceding the price-fixing date of RM0.0483 per Bornoil Share.
Gold prices soared to a record-breaking US$2,075.25 per ounce this morning. Investors are rushing into companies that are involved in businesses related to precious metal, such as jewellers and miners.
Borneo Oil said in the filing to Bursa that the land in question, one out of eight zones of the mining prospecting area located in Mukim Keratong, Pahang, for which Borneo Oil & Gas holds exclusive mining rights, was surveyed by a qualified reporter on exploration results, Australian Institute of Geoscientists member Dr Yves Cheze.
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....
ElvaTsuen
5 posts
Posted by ElvaTsuen > 2020-08-07 11:47 | Report Abuse
good up