RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,075,350,500 NEW ORDINARY SHARES IN ARB BERHAD ("ARB" OR THE "COMPANY") ("ARB SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 JANUARY 2022
Ex-Date 17 Jan 2022 (COMPLETED) Ex price = 13.5
Date for commencement of trading of rights 20 Jan 2022 (COMPLETED) Date for cessation of trading of rights 27 Jan 2022 (COMPLETED
Closing OR price on 26 Jan 2022 = 1/2 Closing stock price = 13
===================== Acceptance and Payment 07 Feb 2022 05:00 PM Excess share application and payment 07 Feb 2022 05:00 PM (COMPLETED)
Kkl123 the small number of Public who thought they are clever and bought this shares, get prepared to see your money halfed. Mereka mereka ini memang monyet. So dont regret. Nothing wrong to be born as slow.
But issue price of PA was 1, now 3-3.5 with exercise price revised down to 14. So, don't think I can get mother so cheap.....but today may be time to top up as more ppl should be selling
Last comment, newbies in this counter who subscribed ri can choose to get out now with 12.5% profit. Bought some. Will check back later, good luck, bye!
Simple knowledge. If rights all take up by retailers ,not good.They cant push up. If syndicates hold 60%of rights,is huge money. They will push up to few hunndred %to make money, Of course.need good news and good qr.that ARBABA have.
Ya, I also think in long term, IOT and robots will take over cheap labour which may not be cheap after factoring all costs. Seems like seeing a reversal to 135 already.... invested 13.5k yesterday, see how!
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,075,350,500 NEW ORDINARY SHARES IN ARB BERHAD ("ARB" OR THE "COMPANY") ("ARB SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 JANUARY 2022.
================== Changes in Director's Interest (Section 219 of CA 2016) after completion of Rights Issue
Particulars of Director Name DATO' SRI LIEW KOK LEONG
1 14/02/2022 101,552,135 Others Direct Interest Name of registered holder AFFIN HWANG NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR DATO' SRI LIEW KOK LEONG
2 14/02/2022 88,569,700 Others Indirect Interest Name of registered holder CIMSEC NOMINEES (TEMPATAN) SDN BHD (CIMB FOR UKAY ONE SDN BHD (PB))
Subscription of Rights Issue
Direct (units) 153,104,300 Direct (%) 12.586 Indirect/deemed interest (units) 107,139,400 Indirect/deemed interest (%) 8.808 Date of notice 17/02/2022
Lets wait for next round of cash call either from RI or PP.
Every quarter report profit. But always out of cash and ask from public. Dunno do what business one. Weird thing is got die hard sorzai queue here to happily let Fatty liew to spend their hard earn money. Dont know what logic is that.
Now where is the sorzai that buys from PatientCounts at 15sen? U make money or loose money?
Now drop to 13, PatienCounts say he sold at 15sen. Don’t be surprised that when it goes back up to 15sen. Out of the blue, he bought at 13sen again. Really dunno which bomoh he use. Day day buy day low. Day day sell day high.
@Line, noted your caution. But looks like, at least for near future, ppl positive towards ARB, willing to pay .03 for PA, then add the conversion fee of 0.14, that's .17! That's why I bought some at .135.....ok, I may be wrong, haha
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....
bosskufanboy
1,441 posts
Posted by bosskufanboy > 2022-02-15 18:22 | Report Abuse
line still denying the facts!