KLSE (MYR): REXIT (0106)
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Last Price
0.74
Today's Change
-0.03 (3.90%)
Day's Change
0.74 - 0.745
Trading Volume
45,400
Opening
Closing
Allotment Date
Listing Date
Issue Price
-
Units
-
Share Capital
0.000
Public Issue
-
Offer for Sale
-
Private Placement
-
-
-
PUBLIC ISSUE OF 18,920,000 NEW ORDINARY SHARES OF RM0.10 EACH COMPRISING:
- 12,820,000 NEW ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO IDENTIFIED PUBLIC INVESTORS
- 1,000,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY THE PUBLIC; AND
- 5,100,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY ELIGIBLE DIRECTORS, EMPLOYEES AND BUSINESS ASSOCIATES OF REXIT BERHAD AND ITS SUBSIDIARY COMPANIES;
AT AN ISSUE PRICE OF RM0.32 PER ORDINARY SHARE OF RM0.10 EACH PAYABLE IN FULL ON APPLICATION, IN CONJUNCTION WITH THE LISTING OF REXIT BERHAD ON THE MESDAQ MARKET OF BURSA MALAYSIA SECURITIES BERHAD
REXIT-Definitions-CorpDirectory-Contents(291KB).pdf
REXIT-Summary-IPODetails-RiskFactors(707KB).pdf
REXIT-GroupInfo-IndustryOverview-InfoOnPromoters-BusinessDevPlanSummary(1MB).pdf
REXIT-FinancialInfo-ApprovalsConditions-OtherInfo-DirectorsRpt-AccountantsRpt(871KB).pdf
REXIT-ProformaConsolidatedBalance-ByLaws(732KB).pdf
REXIT-StattutoryOtherGenInfo(402KB).pdf
Buy on fundamentals not on opinion and posts of other people, strong fundamentals can never go wrong
1 month ago
Not too bothered about its daily price movement. I've always treat this counter as a dividend-paying stock. Looking forward to end-Nov when the company's performance is historically announced.
1 month ago
Opportunity to accumulate . Think It's manipulated. Let the
operator sell down
1 month ago
If they plan to pay 5 cents.. dividend yield would be 6.25!
As good as EPF
1 month ago
If the shareholder is substantial holder shouldn't there be a declaration to bursa?
1 month ago
I read from KLSE Screener got one guy named Jeff Lu said this company all run by scammers from SEA capital. Can anyone verify?
1 month ago
If you search that up on the internet all you get is Jeff Lu’s comment, This share has been stable for over a decade giving consistent dividends, I feel like this is a manipulated price by pushing down the price so that they can rat out small investors. They might try to take over again similar to what happened in March-April. This share is at least valued at 0.85, with dividends around the corner of 5cents makes it a 90c share.
4 weeks ago
https://themalaysianreserve.com/2024/10/21/rexit-appoints-independent-cybersecurity-audit-firm-to-enhance-data-security/
This article shows that there were no data breaches proving that Jeff Lu’s comment is total Bs.
4 weeks ago
Thank you Intelligentinvest for clarifying. I am a new investor and got frightened by the nasty and constant attacking on this stock and got worried
4 weeks ago
Ya if there is no truth the accusations, I hope Mr Hooi and Mr Lee will sue this Jeff Lu for defamation on behalf of SEA capital who operate a legitimate business
4 weeks ago
https://theedgemalaysia.com/node/731529
Two major shareholders of Rexit jailed in Singapore for illegally obtaining data from suspect in cybercrime ring
By Izzul Ikram / theedgemalaysia.com
24 Oct 2024, 08:25 pm
4 weeks ago
the news confirm the speculation, probably insider knew this early and price has been on down trend
3 weeks ago
Company definitely for sale. Rexit can't survive with the reputation of the 2 convicts
3 weeks ago
Resignation from all posts is the right move. So humiliating for the company
3 weeks ago
leak personal data , if they dont sell their 41% ownership ... every company will dump their service for stealing their data ...
equivalent to 0 VALUE ... LARI first come back , dont fall to another cirminal activity.... and hope that is the only dirty thing they did
3 weeks ago
This company is debt free with 30 million cash. At this price a new majority shareholder would be courted..
3 weeks ago
Maybe owners of myeg and Hi-Tech padu would be interested. After all they have a niche market share
3 weeks ago
Since majority of the clients are insurance and unit trust companies think he would be pressed to give up his stake to the current government friendly party 🎉
3 weeks ago
Lukesharewalker
77 seems a good price to enter
1 month ago