No Banks will provide re-financing or term loans facility if the company doesn't have the means or security to pay back. Under the new norm Bankers are more selective and careful in their loan disbursements { big cap application is under a separate committee to vet thru their application}
good, when everyone does not believe, that is where the opportunity is....that is why smart people always can smell the money making opportunity.....once they annouce they get the financing to settle the things, all of u will rush to chase it up and i will happily throw to u
This shameless MADAM GAN SIEW LIAT who manipulated and cheated both employees of KNM(via ESOS) and the general investors KNM(for being incompetent and practicing nepotism) should be publicly shamed. Do not allow her to enjoy her ill gotten loots in peace!!
sardin81/nedgeon (same person) trapped many newbies here. He is a cunning guy with no morals and should really report him to sc as he openly admitted many times he is an insider in knm. Let sc force forum owners to dig up his post history and use it as evidence in his prosecution. Dont let him/boss/boss wife run away with your hard earned money
Never believe a word in forums by anyone. Some want price to drop, some want it to go up. Just follow facts and your own research. You are the only one responsible for your investments.
no announcement yet, It will have to be announced as either exiting major shareholder increase or new major shareholder. But I believe they have time before they have to announce. Most likely today/tomorrow. But yes good news and would only believe someone would invest if the refinancing was agreed/planned just not executed. (my assumption only)
i believe MAA will take up the 10% of private placement. MAA definitely want to control the board. i think it's all been orchestrated from the beginning even before appearing as substantial shareholder.
It would make sense, it would average down their price and give them control. If they have the cash. It must be announced soon. Refinancing is key as then the company has cash from placement and subsidiaries. Then they can do what they are already in process of doing and asset striping...
On behalf of the Board, M&A Securities wishes to announce that the Company has fixed the issue price of the Placement Shares at RM0.13 each.
The aforementioned issue price of RM0.13 per Placement Share represents a discount of approximately RM0.01 or 7.14% from the five (5)-day weighted average market price of KNM from 9 December 2021 to 15 December 2021 of approximately RM0.14 per Share.
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....
moneycome123456
560 posts
Posted by moneycome123456 > 2021-12-10 08:12 | Report Abuse
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