Mobile virtual network operator XOX Bhd, via its wholly-owned subsidiary XOX (Hong Kong) Ltd (XOX HK), has entered into an agreement to acquire a 19.01% stake in Jadi Imaging Holdings Bhd for a purchase consideration of RM46 million.
On behalf of the Board of Directors of Jadi (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the Proposed Private Placement.
Further details of the Proposed Private Placement is set out in the announcement attached herein.
This announcement is dated 16 November 2021.
Would it be the signal for big shark coming into this counter to goreng? Sooner or later we'll know the truth.
First, big sharks will going through private placement to collect shares which being discounted compared to market price. They will likely start goreng this counter once Bursa approve their private placement proposal.
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....
FaridIsland
1,341 posts
Posted by FaridIsland > 2021-10-08 20:01 | Report Abuse
Time to top up!