Submitted their regularization plan on 25 july... Now, already passed their extension apps of 31 july. still no news on extension approval from bursa. something brewing or manipulation of price??
"Shapadu had gone deeper into the whole picture when they plan to take up the private placement of 66.667 million shares for RM 20 million at 30 cents a share. However, the placement will subject to the approval of Bursa Malaysia in it's regularization plan which had been awaiting for the regulatory body reply since it's submission at 25th July 2014."
Shapadu anticipate to complete by May. But approval still not given yet.
Joel : if the investor took the right by paying a certain amount to be determine later, then his shares will be 100 + 50 lots. The right issue is for every 2 shares held, entitle to buy 1 share
Hehehe ah Seng ki also ada .. Congrat la :(.. But horr when u see a thread in i3 become pasar malam and si ia bo kasi apatu tp masa hoorrr .. U need pandai pandai la .. Now still OK .. Kedai kopi nia .... Kikikikiiuu.. Good luck
Mr Coldrisks, in this case, since Shapadu is the major shareholder, is it intending to list Shapadu Boulevard sdn bhd thru back door listing? Is it worthwhile to go thru the whole exercise of right issues to maximise the profit? Thank you
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....
Marl Boro Man
120 posts
Posted by Marl Boro Man > 2014-09-06 00:47 | Report Abuse
Submitted their regularization plan on 25 july...
Now, already passed their extension apps of 31 july.
still no news on extension approval from bursa.
something brewing or manipulation of price??