Posted by richman > 2013-04-05 09:05 | Report Abuse

MORE UPSIDE COMING FOR THE WARRANTS

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28 comment(s). Last comment by Wy Lee 2013-04-06 09:22

richman

10,110 posts

Posted by richman > 2013-04-05 09:13 | Report Abuse

mum 45.5cts wrts only 1.5cts wow

richman

10,110 posts

Posted by richman > 2013-04-05 09:14 | Report Abuse

the wrts tp 4 cts

richman

10,110 posts

Posted by richman > 2013-04-05 09:15 | Report Abuse

marubeni new shareholder in company

richman

10,110 posts

Posted by richman > 2013-04-05 09:17 | Report Abuse

yunkong will touch 50cts today

richman

10,110 posts

Posted by richman > 2013-04-05 09:50 | Report Abuse

wrts poised to breakout check it out for some quick gains

richman

10,110 posts

Posted by richman > 2013-04-05 09:52 | Report Abuse

got solid news on this ctr cannot go down but up only

richman

10,110 posts

Posted by richman > 2013-04-05 10:16 | Report Abuse

breakout anyti

richman

10,110 posts

Posted by richman > 2013-04-05 10:30 | Report Abuse

smell the $$$$$

courage

203 posts

Posted by courage > 2013-04-05 10:41 | Report Abuse

no vol.....

richman

10,110 posts

Posted by richman > 2013-04-05 10:54 | Report Abuse

2cts and mum 47cts

Wy Lee

512 posts

Posted by Wy Lee > 2013-04-05 10:59 | Report Abuse

who is this marubeni?

richman

10,110 posts

Posted by richman > 2013-04-05 11:01 | Report Abuse

big steel co in japan

richman

10,110 posts

Posted by richman > 2013-04-05 11:03 | Report Abuse

yesterday I made a buy call on the wrts at 1.5cts may done yesterday

richman

10,110 posts

Posted by richman > 2013-04-05 11:04 | Report Abuse

bought a sizeable number of the wrts at 1.5

Wy Lee

512 posts

Posted by Wy Lee > 2013-04-05 11:06 | Report Abuse

Type of Meeting : Extraordinary General Meeting
Indicator : Notice of Meeting
Description : YUNG KONG GALVANISING INDUSTRIES BERHAD
NOTICE OF EXTRAORDINARY GENERAL MEETING
PROPOSED ACQUISITION BY YKGI OF THE REMAINING 45.51% EQUITY INTEREST IN
STARSHINE HOLDINGS SDN BHD (SSH) NOT ALREADY OWNED BY YKGI, FOR A PURCHASE
CONSIDERATION OF RM16,611,579 TO BE SATISFIED VIA THE ISSUANCE OF 33,223,158
NEW ORDINARY SHARES OF RM0.50 EACH IN YKGI (YKGI SHARES OR SHARES) AT AN ISSUE
PRICE OF RM0.50 PER YKGI SHARE (ISSUE PRICE) (PROPOSED ACQUISITION);
PROPOSED PRIVATE PLACEMENT OF UP TO 39,106,980 NEW SHARES IN YKGI, REPRESENTING
UP TO TWENTY PERCENT (20%) OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF
YKGI (PROPOSED PRIVATE PLACEMENT);
PROPOSED RESTRICTED ISSUE OF 48,799,998 NEW SHARES IN YKGI TO MARUBENI-ITOCHU
STEEL INC. (PROPOSED RESTRICTED ISSUE);
PROPOSED BONUS ISSUE OF UP TO 38,184,333 NEW SHARES IN YKGI TO THE ORDINARY
SHAREHOLDERS OF YKGI (BONUS SHARE(S)) TO BE CREDITED AS FULLY PAID-UP ON THE
BASIS OF ONE (1) BONUS SHARE FOR EVERY TEN (10) EXISTING YKGI SHARES HELD ON AN
ENTITLEMENT DATE TO BE DETERMINED LATER (PROPOSED BONUS ISSUE OF SHARES); AND

PROPOSED BONUS ISSUE OF UP TO 114,553,000 NEW WARRANTS IN YKGI (WARRANT(S)) TO
THE ORDINARY SHAREHOLDERS OF YKGI ON THE BASIS OF THREE (3) FREE WARRANTS FOR
EVERY TEN (10) EXISTING YKGI SHARES HELD ON AN ENTITLEMENT DATE TO BE
DETERMINED LATER (PROPOSED BONUS ISSUE OF WARRANTS)
(COLLECTIVELY REFERRED TO AS PROPOSALS)
Date of Meeting : 16/04/2013
Time : 11:00 AM
Venue : Meeting Room 6, Borneo Convention Centre Kuching, The Isthmus,
Sejingkat, 93050 Kuching, Sarawak
Date of General Meeting Record of Depositors : 10/04/2013
You are advised to read the full contents of the announcement or attachment at
http://www.bursamalaysia.com.

This one?

richman

10,110 posts

Posted by richman > 2013-04-05 11:11 | Report Abuse

long term good for yunkong

Wy Lee

512 posts

Posted by Wy Lee > 2013-04-05 11:14 | Report Abuse

bursa still dont have this news, richman, any website suggestion for faster update or feed on business news like this?

Wy Lee

512 posts

Posted by Wy Lee > 2013-04-05 11:15 | Report Abuse

lol...can buy some for it but warrant almost expired dy...lolz...08/07/2013

richman

10,110 posts

Posted by richman > 2013-04-05 11:16 | Report Abuse

only bursa news wylee has pasted it here with marubeni in should be very good for yunkong

richman

10,110 posts

Posted by richman > 2013-04-05 11:20 | Report Abuse

many people did nottrack it bcos the stupid analyst had a sell call on it.check out co research in bursa website

Wy Lee

512 posts

Posted by Wy Lee > 2013-04-05 11:22 | Report Abuse

richman, do u using other engine then bursa? can introduce to me? lolz....slow pick up by bursa anyway...i still cant find it on bursa...only manual search from yun kong announment...quite take time

Wy Lee

512 posts

Posted by Wy Lee > 2013-04-05 11:23 | Report Abuse

lolz.....no wonder many sell on Wednesday, 7 Mar 2012

6:23PM Arthur Hii Lu Choon (1,739,400 Shares Disposed)
6:22PM Francis Hii Lu Sheng (1,739,400 Shares Disposed)
6:21PM Dato' Dr Hii Wi Sing (1,739,400 Shares Disposed)
6:21PM Alexander Hii Lu Kwong (1,739,400 Shares Disposed)
6:20PM Ir. Michael Hii Ee Sing (1,739,400 Shares Disposed)
6:19PM Victor Hii Lu Thian (1,739,400 Shares Disposed)

i bet em had heart attack..lolz....on warrant

richman

10,110 posts

Posted by richman > 2013-04-05 11:28 | Report Abuse

sold all my wrts at 2 cts waitng now at 1.5cts

richman

10,110 posts

Posted by richman > 2013-04-05 11:29 | Report Abuse

go to bursa website should be no problem

richman

10,110 posts

Posted by richman > 2013-04-05 11:32 | Report Abuse

most of my q at 1 cts few only at 1.5cts play safe with this volatile mkt

Wy Lee

512 posts

Posted by Wy Lee > 2013-04-05 15:26 | Report Abuse

lolz...richman...he take so long time since last year dec, hopefully da deal is on. Lolz

Marubeni-Itochu Steel Inc (MISI), a major shareholder of Yung Kong Galvanising Industries Bhd with an 18.41% stake, has expressed interest to subscribe to 48.8m new shares in the latter.
'' The equity interest held by MISI in Yung Kong will increase from 18.41% up to about 26.78% after the completion of the proposed restricted issue. (StarBiz)

richman

10,110 posts

Posted by richman > 2013-04-05 16:05 | Report Abuse

already approved by bursa now only to get shareholders approval on the 16th then implement immediately

Wy Lee

512 posts

Posted by Wy Lee > 2013-04-06 09:22 | Report Abuse

Meaning to say....This Marubeni acquires share at 50ct/share? lolz...XD that should be nice XD

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