The Company pledges for the benefit of TSWA 435,233,161 fully paid up and unencumbered ordinary shares in the capital of Scomi Energy Services Bhd (Company No. 397979-A) (“TSWA’s Pledged Shares”) being two (2) times collateral cover (based on five (5) days volume weighted average market price of the TSWA’s Pledged Shares of RM0.0965 as at 16 July 2019) as security for the repayment of the Indebtedness;
Wan Azmi and the geng also got direct interest at scomies ler.. together that control 36% in Scomies
I dunno what to say to you. It is clear to everyone that Scomi lack of cash. That was all this white knight is about dude. Not good nor bad to Scomi, but definitely good for Scomies.
========================================================================= David Chan Die, tomorrow will drop! Capital reduction from 40m to 3m...mean this company short of cash 18/07/2019 7:52 PM
In the filing, Scomi Group said Wan Azmi and GGSB have each committed to underwrite RM21 million worth of rights shares each at 18 sen per share, in the event that the exercise is undersubscribed.
The cash call is being priced higher than the market price. Scomi Group shares were last traded at nine sen, giving it a market capitalisation of RM98.45 million.
sabar ... jewel is actually at Scomies. This is what Wan Azmi eyeing... U save mother from dying, in return you got the chance to marry her beautiful daughter...huhu.
Ron,now tackle the mother ,not bad just marry your sweetheart n keep her mother to do houseworks , both already diamond in the stone unearth flying soon!
Ron90 u r with sight,....they busy tackling the mom to own daughter tussles later..... daughter today rest....but will be steaming next week break last high to see how when above 20sen , wait cerita from expert...T800 n gang high IQ always ketum tak paham,happy weekend.... wakaka.
2018 merger to single entity tak jadi ,now shrewd businesman TSWA n Gelombang together with IJM ,chance of mgo to reduce costs duplications n synergise expansions
will be 3 major sharholders synergise rail ,OnG,vessel, construction .oil palm n etc expertise, no reason not to be household name and foreign fund favourite coming days
interest cut,share good effect$$$ soon!....have confidence and invest in this billions ringgit scomi and scomies,..... bosses came with rm42 mil capital, .....previous businessess acumen with success record.is not talk kok....better than u take 500k get franchise bubble tea earning peanuts ,weekend see crowds ,after 3~6 mths want close shop...agree?
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....
Ron90
4,089 posts
Posted by Ron90 > 2019-07-18 20:07 | Report Abuse
The Company pledges for the benefit of TSWA 435,233,161 fully paid up and
unencumbered ordinary shares in the capital of Scomi Energy Services Bhd
(Company No. 397979-A) (“TSWA’s Pledged Shares”) being two (2) times
collateral cover (based on five (5) days volume weighted average market price
of the TSWA’s Pledged Shares of RM0.0965 as at 16 July 2019) as security for
the repayment of the Indebtedness;
Wan Azmi and the geng also got direct interest at scomies ler.. together that control 36% in Scomies