PUBLIC ISSUE OF BETWEEN 200,000,000 AND UP TO 667,000,000 NEW ORDINARY SHARES OF RMO.01 EACH IN OUR COMPANY ("PUBLIC ISSUE SHARES"), TOGETHER WITH BETWEEN 200,000,000 AND UP TO 667,000,000 FREE DETACHABLE WARRANTS ("WARRANTS-A") ON THE BASIS OF 1 WARRANT·A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED, AT AN ISSUE PRICE OF RMO.75 PER PUBLIC ISSUE SHARE PAYABLE IN FULL UPON APPLICATION
COMPRISING:
- BETWEEN 190,000,000 AND UP TO 657,000,000 PUBLIC ISSUE SHARES TOGETHER
WITH BETWEEN 190,000,000 AND UP TO 657,000,000 WARRANTS·A ON THE BASIS OF 1
WARRANT·A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED BY WAY OF
PLACEMENT TO SELECTED INVESTORS;
- 10,000,000 PUBLIC ISSUE SHARES TOGETHER WITH 10,000,000 WARRANTS·A ON THE
BASIS OF 1 WARRANT·A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED
AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD
SPAC listed on the Main Market of Bursa Securities as a company with no operational track record.
The company intend to acquire assets that allow the company for the development and production of oil and gas from a field.
IPO Price: RM0.75
What do you think about this company? Is it going to be another Hibiscus? Worth giving a shot?
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11 comment(s).Last comment by necro 2013-03-11 10:17
Dia nya matlamat amik slihoilfieldwith mid or low risk probably kstarea asia n south america exple brazil kot...korang tgk oilgas stok cner tahun 2012 n2013 overweight kan mst gorengnya...
Remember Hibiscus case... The price will down while then if cliq aqquired ONG company the price should boom boom.... Well like Hibiscus,Qliq is also a SHELL company... Ipo purpose is to raise money to aqquired company...
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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....
Posted by azam87 > 2012-08-13 08:47 | Report Abuse
PUBLIC ISSUE OF BETWEEN 200,000,000 AND UP TO 667,000,000 NEW ORDINARY SHARES OF RMO.01 EACH IN OUR COMPANY ("PUBLIC ISSUE SHARES"), TOGETHER WITH BETWEEN 200,000,000 AND UP TO 667,000,000 FREE DETACHABLE WARRANTS ("WARRANTS-A") ON THE BASIS OF 1 WARRANT·A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED, AT AN ISSUE PRICE OF RMO.75 PER PUBLIC ISSUE SHARE PAYABLE IN FULL UPON APPLICATION COMPRISING: - BETWEEN 190,000,000 AND UP TO 657,000,000 PUBLIC ISSUE SHARES TOGETHER WITH BETWEEN 190,000,000 AND UP TO 657,000,000 WARRANTS·A ON THE BASIS OF 1 WARRANT·A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED BY WAY OF PLACEMENT TO SELECTED INVESTORS; - 10,000,000 PUBLIC ISSUE SHARES TOGETHER WITH 10,000,000 WARRANTS·A ON THE BASIS OF 1 WARRANT·A FOR EVERY 1 PUBLIC ISSUE SHARE SUBSCRIBED AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; IN CONJUNCTION WITH OUR LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD SPAC listed on the Main Market of Bursa Securities as a company with no operational track record. The company intend to acquire assets that allow the company for the development and production of oil and gas from a field. IPO Price: RM0.75 What do you think about this company? Is it going to be another Hibiscus? Worth giving a shot?