PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN BETA ASSET SDN BHD ("BETA") FOR A PURCHASE CONSIDERATION OF RM110 MILLION TO BE SATISFIED VIA THE ISSUANCE OF 916,666,667 NEW ORDINARY SHARES OF RM0.10 IN SAAG AT AN ISSUE PRICE OF RM0.12 PER NEW SAAG SHARE ("PROPOSED ACQUISITION") Anyone can elaborate????
Sorry, fresh in share market. Dun understand the announcement at all. My average is 0.065. Means this share now is only worth 0.015??? Any si fu can please help to clear my doubts. Thank you.
Is that means if SAAG declare Bankruptcy, all the banks will loss the RM70mil? RM70mil is a lot. Will they allow SAAG go Bankrupt and 70mil just gone in the wind?
This counter has given alot of investors painful memories.Do NOT put even a sen for this counter. Too late for even a total change of directorship. It is a slow and painful death for SAAG.
pls avoid this counter, don risk ur money by betting such a heavy debt-loaded company, there are a lot other attractive stocks in the market like tambun, alam and hovid.
REPEAT. This counter has given alot of investors painful memories.Do NOT put even a sen for this counter. Too late for even a total change of directorship. It is a slow and painful death for SAAG.
you must watch the trend if u find a ctr going dwn and not recovering at all or even slightly do not buy in.some ctrs like this are dbe,asuprem,amedia.cybertower and plenty more
Quickly run first and see what to do later... It seems that the operation is only in India.. Malaysia, Singapore and other country only has key personal to run the show
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....
tomwah
1,599 posts
Posted by tomwah > 2012-04-24 14:23 | Report Abuse
malaysia counter it's that up 0.03.....down 0.20 ...?????????