Widad Group Bhd produces graphic overlays, nameplates, custom labels, membrane switches, fabric over foam gaskets, die cut components, injection molded panels and machined parts. The Company serves the telecommunications, electronics, banking and pharmaceutical industries.
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Michael R.know already why prices drop... they wanna offer cheaper share prices 24,055,226 Shares to PEHSB:
We refer to the Company's announcement dated 19 February 2020, 21 August 2020, 19 November 2020, 19 February 2021 and the Circular dated 9 October 2020 in relation to the Acquisitions.
On behalf of the Board, M&A Securities wishes to announce that the Conditions Precedent of the SSAs have been fulfilled. Accordingly, the SSA for the Acquisitions has become unconditional on 4 March 2021 (“Unconditional Date”).
Pursuant to the SSAs, Widad shall:
pay the balance cash consideration of RM93,495,369.00 to PEHSB and TCASB within 5 business days from the Unconditional Date; issue and allot 24,055,226 Consideration Shares to PEHSB and TCASB within 10 market days from the SSA 1 – Completion Date; and pay the balance cash consideration of RM11,160,000 to JWSB on the SSA 2 – Completion Date
05/03/2021 4:57 PM
Michael R.Next week fly time... otherwise we dead!!
05/03/2021 4:57 PM
AnisdesanikaOoo...that's why wedead & dataprp fly...Boss ikmal very smart wo...... I like...
05/03/2021 5:07 PM
AnisdesanikaMy new sifu-Tan Sri Muhd.Ikmal Opat.I'm going to stalk his socmed.
05/03/2021 5:12 PM
imjay0509next 5 - 10 market days ggwp? need pay so much balance and allot shares,haha
05/03/2021 5:19 PM
AnisdesanikaAnd the cash will come from---->selling dataprp shares??????
