paiseh to disclose my troops size lah , may be they are just too ignore-able to any of you in here ! LKL is a fast growth medical equipment manufacturer... contract received non stop.
shall expect from LKL to fairly deep tandemly to topglove tomorrow... if, 0.480 kissed lagi best lah !
Medical accessories manufacturer LKL International Bhd plans to raise up to RM45.45 million via a private placement to fund its capital expenditure (capex) and expansion. In a bourse filing, the group announced that it would be placing out up to 85.76 million shares or 20% of its share capital to third party investors to be identified.
KUALA LUMPUR (July 17):Medical accessories manufacturer LKL International Bhd plans to raise up to RM45.45 million via a private placement to fund its capital expenditure (capex) and expansion.
In a bourse filing, the group announced that it would be placing out up to 85.76 million shares or 20% of its share capital to third party investors to be identified.
The expected proceeds to be raised is based on an indicative issue price of 53 sen per share. The actual issue price of the placement shares will be determined later.
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In a breakdown of the proceeds, LKL said RM26.5 million will be used for its capex and expansion — including buying two new factory buildings and expanding its current one — while RM6 million will be used for future investments in projects.
Then RM5.59 million will be used to repay bank borrowings, while RM6.36 million will be used for working capital, and RM1 million to defray estimated costs of the placement.
At the same time, the group announced that it would implement an employee share option scheme (ESOS) for its employees amounting to no more than 15% of its share capital.
Following the private placement and ESOS, it said its share capital will increase to 591.74 million shares, from 428.80 million shares previously.
The proposals will be put up for shareholders approval at an upcoming extraordinary general meeting.
evening to all LKL holders.. paktua never left LKL.. even was sold 57% previously.. paktua believe will be back 0.78.. just need LKL break 0.68 and sustain at least 7 day..
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....
lingch899
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Posted by lingch899 > 2020-07-15 09:43 | Report Abuse
Continue sleeping