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At least we know TS rashid paying 7.5cent for 60% new shares to be magically created. So u guys retailers know what price it will go to. Maybe somewhere around 7.5
On top of getting superb deal at 7.5sen, TS rashid also got 60% of new shares. Immediately diluting everyone share value by 60%. It’s like whatever u have now, let say 30sen divide it by 2.5 : 14sen. Tan Sri dpt 7.5sen just like that. So in the end if retailer keep pushing it up, the clear winner is TS rashid
Chung Chee Yang want to take control of the company, buying it cheap on the market compared to actual asset price and potential generation of money for the next 20yrs
