Reverse Take-Over(RTO) is not something new in Malaysia capital market. The recent RTO was by a company called Barakah Offshore Petroleum Bhd where it did a backdoor listing on Bursa Malaysia via a reverse takeover (RTO) of Vastalux Energy Bhd on Nov 6. The upcoming potential RTO will be Ranhill Energy and Resources Bhd . It’ll […]
The Minority Shareholder Watchdog Group(MSWG) is now having a promotion offering FREE subscription to their retail subscribers. It normally cost RM50 per year, to join to be their retail subscribers. I’ve joined the service last year and found out their MSWG Monitoring Service was very useful especially on MSWG Letters to Public Listed Companies(PLC) and […]
Homegrown condom manufacturer, Karex Bhd, has get the shareholders approval to issue out a Bonus Issue. Bonus Issue is an issue of additional shares to shareholders instead of a dividend, in proportion to the shares already held. The ex date would be 26/03/2014. So if you wish to enjoy this bonus issue then buy the […]