@sammmy they need to release certain shares to public in order to qualify for BUMIPUTERA EQUITY CONDITION
Whenever a corporation undertakes a public balloting exercise, it must make available up to 50% for subscription by Bumiputera public. Under the Bumiputera equity requirement, does that mean the Bumiputera shareholding in a corporation is restricted to 12.5%. The 12.5% is the prescribed minimum limit.
This could be an indicator that director is not disposing due to bad QR or news.
If my assumption is not wrong, tomorrow shark could start rally up BCMall.
With that say, all the director cannot hold more that 12.5% is it? and i dont think their qr is bad at this covid 19 period. lets wait for tomorrow and we will decide again. i plan to reload a little bit more
btuscy @sammmy they need to release certain shares to public in order to qualify for BUMIPUTERA EQUITY CONDITION
Whenever a corporation undertakes a public balloting exercise, it must make available up to 50% for subscription by Bumiputera public. Under the Bumiputera equity requirement, does that mean the Bumiputera shareholding in a corporation is restricted to 12.5%. The 12.5% is the prescribed minimum limit.
This could be an indicator that director is not disposing due to bad QR or news.
If my assumption is not wrong, tomorrow shark could start rally up BCMall.
IMO as long price not drop below EMA20 and EMA50 it still good to hold and currently price closed exactly above EMA20, volume also not validate today price drop as low volume which likely sign to rebound, just 1 cent opinion.. lets hope it will rebound tomorrow
BCM Alliance Bhd. donates PPE to both military Hospital Angkatan Tentera Kem Terendak, Melaka and Hospital Tuanku Mizan, Kuala Lumpur in aiding battle against COVID-19 MAY 2020: Hundreds of thousands of citizens across Malaysia are risking their lives every second on the front lines to help minimize Covid19. The lack of PPE exposes these individuals to the virus and increases the possibility of further spreading the virus to others. Police officers, military, volunteering personnel, doctors, nurses, hospital staff, screening officials, cleaners and many more heroes are playing a part in making sure the country stays safe.
It is our duty to return the favour, therefore BCM Aliance Bhd. donates PPE to military Hospital Angkatan Tentera Kem Terendak Melaka and Hospital Tuanku Mizan, Kuala Lumpur.
Human need treatment for covid 19. Bcmall not only supply for Malaysia. But overseas as well. Singapore itself doesn’t have enough supply. I believe they got order from Malaysia as well.
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....
btuscy
1,134 posts
Posted by btuscy > 2020-06-11 20:05 | Report Abuse
This could be the reason as to why director dispose their shares :)
http://www.insage.com.my/ir/cmn/AnnouncementAlert.aspx?NewsID=202006115000005&Symbol=0187&Theme=99