Notice of Interest Sub. S-hldr (Section 137 of CA 2016) BTM RESOURCES BERHAD
Particulars of Substantial Securities Holder Name MR HON TIAN KOK @ WILLIAM Name of registered holder Maybank Nominees (Tempatan) Sdn. Bhd. Date interest acquired 30 Jun 2023 No of securities 35,063,125 Acquired via Off market
This stock will take time. Just observe the next few quarters. China stimulus will boost the micro economy. Bio will benefit from China companies who produce for China market. Internal consumption is the focus now
BIOALPHA HOLDINGS BERHAD ("BIOALPHA" OR THE "COMPANY")
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 639,496,610 WARRANTS ("WARRANT(S)") ON THE BASIS OF 3 WARRANTS FOR EVERY 8 EXISTING ORDINARY SHARES ("BIOALPHA SHARE(S)" OR "SHARE(S)") IN THE COMPANY HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE OF WARRANTS")
======= Approval granted by Bursa NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING | https://www.klsescreener.com/v2/announcements/view/5511093 ========= Get your money ready if want to subscribe for the Warrants Be prepared for massive dilution of shareholders equity % when all rights issue warrants are converted to ordinary shares
normally we subscribe rights shares to get free warrants. this proposal is rights issue of warrants. mean all need to subscribe to warrants rights to get it. must see what is the offer first. if the exercise price is good, then can probably earn some arbitrary conversion price different there but i guess no free lunch in this world
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 639,496,609 WARRANTS ("WARRANT(S)") ON THE BASIS OF 3 WARRANTS FOR EVERY 8 EXISTING ORDINARY SHARES ("BIOALPHA SHARE(S)" OR "SHARE(S)") IN THE COMPANY HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED | https://www.klsescreener.com/v2/announcements/view/5673161
========= Get your money ready to pay to directors fund raising exercise Warrants to benefit big shareholders to dump to market and eventually expire as garbage.
if the exercise price is RM0.10, then there is a premium of 11% to the mother share if it still trading at 9c upon the listing of the warrants. the question is whether it is worth waiting if the warrant has a tenure 3 years ? can mother share goes above 10c furthermore the subscription of the warrants will come at a cost as well (although at a discounted price) for those who are entitled. high chance no one will subscribe.....
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....