spider68 During the last AGM did anyone requested for explanations in rgd to questionable decisions made by the board?
no need ask la.. no matter how good ur questions are, directors are just puppet to real syndicates controlling behind. hence, thats why they using tang kang boon to sapu the rights issue coming up later to avoid few stuffs under the 'radar'. if u not much loss, better run. ok lemme rephrase, if im not losing much, ill run. unless don mind letting ur money jail for few years.
The director Ms Chai has emerged as substantial shareholders for Kanger
Particulars of Substantial Securities Holder Name MISS CHAI WOON YUN Date interest acquired 23 Sep 2021 No of securities 416,700,000 Circumstances by reason of which Securities Holder has interest Subscription of Right Issue
Total no of securities after change Direct (units) 416,700,000 Direct (%) 9.268 Date of notice 04 Oct 2021
====================================== Interesting to see what is her next step.
Permaju Industries Berhad ("Permaju" or "the Company") - Notice of Extraordinary General Meeting Date of Meeting 21 Oct 2021 Time 11:00 AM
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,055,337,076 NEW ORDINARY SHARES IN THE COMPANY ("PERMAJU SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED
============== Rights issue on the way very soon.
Get your money ready if you are contributing to directors fund raising exercise.
So permaju price will drop to the historical lowest point. Do you guys think the company will go bankruptcy? Or if hold long enough, we will earn more in future.?
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,055,337,076 NEW ORDINARY SHARES IN THE COMPANY ("PERMAJU SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED ("PROPOSED RIGHTS ISSUE")
Posted by jazzkhor > Oct 7, 2021 12:31 AM | Report Abuse
Whistle99 is the right issue means they will open to buy 1:1 at a discount rate? Or existing share example 50,000 auto become 100,000?
======================================== You have to fill in the form to apply for the rights issue 1:1. The price will be fixed later and it is indicated around 7sen per share
You will still have 100k units if you don't want to take up the rights shares. You can sell the OR if there are buyers when the OR is listed for trading for 5 days.
3rd july 2020 at the lowest point at 0.08 in 4th sept 2020 highest at 0.44. hopefully now it break the lowest again, and in 2 month will beyond 0.44. XD
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
MQ Trader 124 views | 22 h ago
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 233 views | 1 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 403 views | 2 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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....
whistlebower99
5,256 posts
Posted by whistlebower99 > 2021-09-08 16:10 | Report Abuse
Expect directors to issue more announcement, MOUs and exciting news to attract more newcomers to the stock.
Operator will also do right hand to left hand to get new batch of victims
Retailers taking profit whenever price move up.