esos FOR EMPLOYEE LOYALTY IS THE NORM IN THE US. OTHER DEVELOPING COUNTRIES LIKE MALAYSIA ARE COPYING NOW :)
Facebook employees, like many in the technology industry, tend to be heavily compensated via shares. Employee options vest on Feb. 15, and annual bonuses hit in March -- both of which could be factors in workers’ potential decisions to leave, according to another person familiar with the company’s plans.
It basically means to me someone is losing big time since 0.02-0.025 is the lowest so far, so the question mark will be who will be so confident to jump in and whack all the stock, just curious anyone even earning anything so far.....
Wow, really, even with 0.025 also hardly able to sell, there is so many seller vs buyer for 0.025 then, weird to see who is selling at 0.02, is this bcs someone buy at 0.02 then resell back 0.025....
Juwai IQI: Property purchases are likely to follow the trend of global cities this year By Kathy B. - February 8, 2022 @ 6:57pm Juwai IQI co-founder and group chief executive officer, Kashif Ansari.
Malaysia will see a property buying trend that is already present in other global cities later this year, says Juwai IQI co-founder and group chief executive officer, Kashif Ansari.
Residents who fled the city during the worst of the pandemic, he claimed, will begin to return in large numbers, driving up buyer and renter demand in central districts.
"The housing market is influenced by the economy. Income and employment growth will have a positive impact on the real estate market," he said.
Agents in Kuala Lumpur, according to Kashif, are already seeing an increase in activity.
While prices are stable, the number of transactions is increasing, and there are more situations where multiple buyers are competing for the same home, he said.
"We expect residential transactions to increase as the economy continues to recover in the run-up to the general election," he said.
In 2021, the global real estate company achieved a record number of residential property sales, with 31,000 transactions completed globally, 41 per cent more than the previous year's 22,000 transactions.
Kashif said that the company's sales team was the most important factor in its success in 2021.
The company, headquartered in Kuala Lumpur, has a global network of 23,000 agents in 20 countries.
"In the past year, many of our locations reported record results. In Malaysia, our team worked very hard to help home buyers and sellers, despite the pandemic. We transacted a record number of both sales and rentals in Malaysia in 2021. Outside of Malaysia, our fastest-growing locations were Canada, Australia, and Vietnam," he said.
Kashif said that the company's financial results were bolstered by historically strong real estate markets in a number of locations.
He said that the synchronised global economic recovery, historically low financing, buyers' excess savings, and a massive shift in buyer preferences all contributed to strong home markets in many of the countries in which it operates.
"We have built a global company that operates in a variety of markets. This international diversity is a great strength that allows us to seek growth wherever it may be found around the world," he said.
Meanwhile, Kashif said that the two markets that have seen the most price growth are Canada and Australia.
According to the Reserve Bank of Canada, Canadian home prices rose 18 per cent in 2021, nearly doubling the growth rate of any other year in recent history.
According to CoreLogic data, home prices in Australia rose even faster, ending the year 22 per cent higher than they began.
Moving forward to 2022, Kashif believes that with a strong team and technology in place, it will be able to build on last year's success and produce even better results.
"We believe that the Malaysian residential market will consolidate this year. The greatest demand in 2022 will be for landed homes and units with larger interior spaces and access to abundant outdoor recreation," he said.
Probably, the authorities would cancel all esos for directors and private placements already allocated in the past. BCM made history !!!!!!!!!!!!! Authorities would act now, the whole world focuses on the authorities!!!!!!!!!!!!!!!
In a filing with Bursa Malaysia on Monday, the medical equipment supplier announced that two of its employees, Kiu Cu Seng and Cheng Li Ping, have exercised their share option and emerged as the largest shareholders in the company.
PETALING JAYA: New substantial shareholders have emerged in BCM Alliance Bhd in an unusual corporate exercise through an employee share option scheme (Esos).
In a filing with Bursa Malaysia on Monday, the medical equipment supplier announced that two of its employees, Kiu Cu Seng and Cheng Li Ping, have exercised their share option and emerged as the largest shareholders in the company.
BCM Alliance said Kiu has exercised about 305.1 million shares or 15% stake for RM8.88mil, making him the single-largest shareholder in the company.
Meanwhile, Cheng exercised 164.3 million shares or 8.1% stake in BCM Alliance for RM4.78mil.
Both Kiu and Cheng exercise their Esos at 2.91 sen a share, which is about 17% discount to market price.
Minority Shareholder Watchdog Group (MSWG) chief executive officer Devanesan Evanson said it is “not normal for Esos shares of that size” to be granted to just two employees.
“Normally, larger portions of Esos shares are granted to the CEO, the executive directors and the C-suites.
“Also, shares are granted across a larger cross section of employees. The board should further explain their Esos,” he told StarBiz.
A market observer pointed out that it is unusual for a company to issue Esos to only two employees.
“Esos can be used for fundraising purposes but you can’t only issue it to two employees. This is my first time seeing such a case,” he said. “It is more of a reward for the company.”
BCM Alliance’s management could not be reached at press time.
It is worth noting that the Esos was proposed in February last year, involving up to 30% of its total number of issued shares for “eligible directors and employees of the company and its subsidiaries.”
In a circular to shareholders last year, BCM Alliance said the proposed Esos is primarily to drive and motivate the eligible persons to work towards achieving the group’s goals and objectives.
It is also to reward the eligible persons in recognition of their accumulated contribution to the operations and continued growth of the group.
“It is also to retain the eligible persons by giving a sense of ownership, loyalty and belonging to the group by enabling them to participate directly in the equity of the company,” it said.
BCM Alliance noted that any proceeds from the Esos will be utilised for the company’s working capital purposes.
Interestingly, prior to the Esos, BCM Alliance has also embarked on several fundraising exercises including rights issues and private placement.
In total, BCM Alliance has issued 1.6 billion new shares over the span of 12 to 14 months to raise some RM138mil.
Presently, the company has a total share base of almost two billion, up five-fold from 422 million shares as at Dec 31, 2020.
The company is already in a net cash position of RM95mil, thanks to its various corporate exercises, which is bigger that its market capitalisation of RM61mil.
It is unknown what is the role of Kiu and Cheng in the company but the duo is expected to fork out more than RM13mil for their shares.
It is worth noting that shares in BCM Alliance have been on a downward spiral since last year, falling from 28.2 sen to three sen yesterday.
“Company’s shares are not commodities or currencies. There are also similar small-cap companies on Bursa Malaysia that have been on a private placement spree that saw their share based ballooning by three to four times since 2020,” said an analyst.
“It is something to be looked into by the authorities.”
“Company’s shares are not commodities or currencies. There are also similar small-cap companies on Bursa Malaysia that have been on a private placement spree that saw their share based ballooning by three to four times since 2020,” said an analyst.
“It is something to be looked into by the authorities.”
DIRECTORS CONTINUE TO RAISE FUND VIA SHARE ISSUANCE TO ESOS
PASUKHAS GROUP BERHAD ("Pasukhas" or "the Company") - EMPLOYEES SHARE OPTION SCHEME ("ESOS")
The details as follows:
(a) Date of Offer : 8 February 2022 (b) Number of options offered : 286,522,300 (c) Exercise price of options offered : RM0.0195 (d) Closing price of Pasukhas’s shares on the date of the Offer : RM0.0200 (e) Number of options offered to the Company’s Directors under the ESOS : None (f) Vesting period of the options offered : The options are vested on the Offer Date
This announcement is dated 8 February 2022.
====================== NOSH = 1,484,866,524 will soon hit 2 BILLION shares with more fund raising WA = 578,660,588
Directors have access to higher company fund while employees have higher chances of profit with lower cost price
Retail investors have to wait for company to post profits for next few quarters for a chance to breakeven or minimise losses
mungkinkah semua pengarah pasukhas didakwa dan dipenjarakan dan harga syernya pulih kembali?
berikut sebagai hiasan je.
PROJEK ‘DIRECT NEGO’ SSM: SPRM RAMPAS DOKUMEN … https://www.editormalaysia.com/6929 10/01/2019 · Selain di ibu pejabat SSM, SPRM turut menyerbu tiga lagi syarikat di ibu negara yang dipercayai mempunyai kaitan dengan siasatan dakwaan skandal tersebut. Menurut sumber, dokumen yang dirampas melibatkan perjanjian sejak 2009 hingga tahun lalu. “Semua dokumen yang dirampas dipercayai melibatkan projek daripada lebih 10 buah syarikat.
apakah implikasi CEO SSM kini jika biarkan pengarah2 pasukhas menawarkan ESOS kpd pengarah2 berterusan dan PP kpd pihak berkepentingan? adakah MWDG akan menolong untuk mendakwa SC/Bursa dan semua pengarah pasukhas kini?
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....
Good123
26,432 posts
Posted by Good123 > 2022-02-04 08:15 | Report Abuse
rebound is inevitable. sabar ya