KUALA LUMPUR (March 23): SMTrack Bhd is purchasing a Bombardier Challenger 601-3A aircraft for US$1.8 million (RM7.6 million) as part of its move to venture into cargo carriage services.
In a filing with the bourse, the company said it has entered into an aircraft purchase agreement with Fairway Logistic (M) Sdn Bhd for the purchase of the aircraft, together with all installed parts, including auxiliary power unit and landing gear, major avionics, cabin interior, wheels and brakes.
It will fund the acquisition using proceeds from the issuance of redeemable convertible notes, which was approved by the shareholders at the company's extraordinary general meeting held on Dec 28, 2020.
The acquisition will increase SMTrack's net assets to RM50.79 million from RM43.23 million, it said, although the company does not expect it to have any material impact on its earnings for the financial year ending Dec 31, 2022.
"There are no liabilities, including contingent liabilities and guarantees to be assumed by SMTrack pursuant to the acquisition," it said.
The company expects to complete the acquisition within three months.
SMTrack closed unchanged at 8.5 sen for a market capitalisation of RM65.38 million.
This stock , please putting ALERT on it , CHEAT AND LIES is TICKET , all time selling THOSE HOT CHILI NEWS , end with BLEACHING HOT MONEY , OFF SHORE MOST LIKE COUNTER , DIRTY TO CLEAN .
He not just a CHAMPION ACTOR 2022 AWARDED , BUT IS A SWEET ROMANTIC HERO , protect wife until BREAK MIRROR RHYTHM , really i knee down him , FAMOUS ATMOSPHERE .
Indian fortune teller say , 404 , 413 , BIG NEWS IN GLOBAL , i possible choose one of particular date , RIP HIM OUT BURSA COVERAGE , HE IS MY LAST BORN BITTER ENEMY , as Indian fortune say , he take away MY SWEET WIFE , doing reptile to her , this turning BORN < I REVENGE BACK .
SMTRACK , i make before , also LOSE before , stay put , this is possible MY LAST VISIT , run errands , i will FIND MY BITTER ENEMY COMRADE , HAVING A ONE BY ONE FIGHT , TAN CHOON HWA , i dating you .
TAN CHOON HWA , on pending BOUGHT another PLANE , this PLANE not carries PASSENGER , but ENROLL EUROPE SOLID FUND , ROYAL FAMILY WEALTHY , HEIRLOOM AND LUXURY JEWELRY , MIGRATE TO ORE ....WOW < ORE BECOME THEIR ROYAL HOUSE HOLIDAY TOUR DESTINATION , SAVE AND SAFE FREEZE TREASURE .
External off shore will HIGHLY SUPPORT TAN SRI LEE , as he is the HONEST ENTREPRENEUR IN ORE , PLUS HIS CONCEPT BUSINESS , FULFILL EUROPE UNION STANDARD REQUIREMENT , ROYAL FAMILY FROM EUROPE LIKE HIM TOO MUSH < ASK ME < INVEST ON HIS PROJECT .
Guy , this method bottom fishing , consider OFF SHORE LAST ASSASSIN practice , USE MANY COMMON in BURSA , it is ROTTEN PUTRID HANDLING , TAN CHOON HWA if declare number two , can say NUMBER ONE all time empty , i talk the STRONG REBOUND IS COME SOON , IT IS LAST BOMBSHELL NUCLEAR < IT GOING TO BIG BIG BURST < COZ THIS STOCK ON VERY VERY POSITIVE EXPANDING .......SEE THE PLANE NUMBER < SMTRACK PUTTING HUGE PORKER < CONFIRM HUGE HEADING , MOON SURFACE IS LAST JOURNEY .
HIS OWN COUNTER < AFTER HIMSELF HIGHLY DISPOSE IN MARKET < BURST IS RESULT ..... ANALYST SAY < SUPERSTITION NUMBER , INDIAN GUY FORTUNE ALSO NOT SO ACCURATE < COMPARE HIM , ITS PRECISE < WIND CLOUD RECOVERY < TRUTH AND GENUINE HAPPEN , IT RISE .
This round , the scary thriller putting , MAIN REASON on buying those WEAKNESS chips , if you BRAVE , the CAKE , will belong to you , I BUY HUGE , coz i TRUST on HIM , TAN SRI LEE KIM YEW .
MANY INVESTOR ADMIRE MY DECISION , SAY I GOT EAGLE EYE , this i agreed , i follow so many EXTERNAL OFF SHORE TOP GUY , confirm got insider news , I PAY SPY FEE , like your ENTRANT NITE CLUB , playing GOLF in LUXURY HOTEL , GRAND HALL ROOM .
On current WIDE SPACE journey , people ask me , how is the outcome for FIGURE SMTRACK in future , i ROUGH MY VOICE , IS ABOVE 0.70 , if ENOUGH ENTERTAINMENT 1.50 Search .
I repeat again , TAN CHOON HWA is BACK , join BOAT again , after two MONTH AGO , highly dispose his STAGE in SMTRACK , he is MAJOR SHAREHOLDER last time , BOARD DIRECTOR .
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Posted by cicakman > 2022-03-29 16:05 | Report Abuse
Got ppl watching for foul play.