KLSE (MYR): REXIT (0106)
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Last Price
0.79
Today's Change
0.00 (0.00%)
Day's Change
0.79 - 0.80
Trading Volume
71,800
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
If they plan to pay 5 cents.. dividend yield would be 6.25!
As good as EPF
2 months ago
If the shareholder is substantial holder shouldn't there be a declaration to bursa?
2 months 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?
2 months 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.
2 months 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.
2 months 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
2 months 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
2 months 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
1 month ago
the news confirm the speculation, probably insider knew this early and price has been on down trend
1 month ago
Company definitely for sale. Rexit can't survive with the reputation of the 2 convicts
1 month ago
Resignation from all posts is the right move. So humiliating for the company
1 month 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
1 month ago
This company is debt free with 30 million cash. At this price a new majority shareholder would be courted..
1 month ago
Maybe owners of myeg and Hi-Tech padu would be interested. After all they have a niche market share
1 month 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 🎉
1 month ago
I buy back this counter since the Jeff Lu gang stop writing bad things about SEA Capital and Dato Hooi
1 week ago
Lukesharewalker
Opportunity to accumulate . Think It's manipulated. Let the
operator sell down
2 months ago