7108 PERDANA PERDANA PETROLEUM BERHAD Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Conversion of Preference Shares Details of corporate proposal : Conversion of Redeemable Convertible Preference Shares (RCPS) into ordinary shares of the Company (Conversion Shares) No. of shares issued under this corporate proposal : 1,039,800 Issue price per share ($$) : 0.3250 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 2,213,934,226 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 877,744,895.990 Listing Date : 24/09/2020
Good news, perikatan nasional has won the Sabah election by 38 seats out of 73 seats ! So that our politic will be stable for another 3 years till 2023 election ! It’s good for our economy, like that next week KLSE will be spike up like mad already !
PETALING JAYA: Budget 2021, which will be tabled in November, will be expansionary though narrower than Budget 2020, with economists projecting a budget deficit of 4% to 6% next year.
The government, they said, would need to revitalise the economy with appropriate measures due to the uncertainties arising from the Covid-19 and the weak global economy, which has caused many nations to fall into recession.
The World Bank expects Malaysia’s fiscal deficit to gross domestic product (GDP) to widen to 7% this year, underpinned by increased expenditure and downward pressure on revenue. The government, however, expects the fiscal deficit to be at 5.8% to 6% this year.
Economists expect the government to look into some core areas to ensure Malaysia is on the right track to achieve economic sustainability post-pandemic.
Socio-Economic Research Centre executive director Lee Heng Guie told StarBiz that the federal government is torn between managing a tight fiscal space and keeping the country’s sovereign rating intact.
"In our view, the government should go for another year of fiscal deficit targeted at public spending and programmes as well as the provision of tax incentives and allowances to boost private investment, creating jobs and income.
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....
ThePowerOfGlove
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Posted by ThePowerOfGlove > 2020-09-20 06:53 | Report Abuse
Very good