MN Power Transmission Sdn Bhd, and joint venture (JV) partner Zafas Sdn Bhd has been appointed by TNB as the main contractors of the gas-insulated substation in situ replacement project, and the contract entails the completion in 790 days
JV company owned 90% by MN Power and 10% by Zafas . will undertake the dismantling, replacement and commissioning of primary and secondary equipment, and power cables of the gas-insulated substation in Bayan Baru.
Tomorrow Jan 13th company will convene EGM to obtain shareholders approval to approve the bonus issue of 204,375,000 free warrant on the basis of 1 free warrant for 2 existing shares held on an entitlement date. This is a kind gesture by the management to reward its long term shareholders. The corporate exercise would firmly support the share price.
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....
investor2021trading
999 posts
Posted by investor2021trading > 2022-05-13 17:06 | Report Abuse
this new ipo price is a laggard n will b on a reversing price trend next week!