between the 2 current largest shareholders of Cocoaland, ie. Leverage Success Sdn Bhd (38.04 %) and Fraser & Neave Holdings Bhd (27.19 %), which one of them is more likely to have an interest in taking Cocoaland private ? will either one of the existing 2 largest shareholders allow its counterpart to privatise Cocoaland when current share price is depressed ? will the counterpart defend the bid ?
if you think the world is a stressful place to live (which I do especially in this pandemic) , then buy this stock. When people are stress, gummy candy helps relieve the stress. :)
Now the co let it autopilots, no more share buyback which mean SB or someone are collecting..you want to collect this share, now is the chance before reach RM 1.80
7205 COCOLND COCOALAND HOLDINGS BHD NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COCOALAND HOLDINGS BERHAD ("COCOALAND" OR "COMPANY")PROPOSED BONUS ISSUE OF 228,800,000 NEW ORDINARY SHARES IN COCOALAND ("BONUS SHARE(S)") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING ORDINARY SHARE (INCLUDING TREASURY SHARES) HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE") You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
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....
RainT
8,448 posts
Posted by RainT > 2019-09-19 10:03 | Report Abuse
around 65% shares is hold by F&N and the company director
so that is why low liquid la