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KUALA LUMPUR (April 29): Propel Global Bhd (KL:PGB) has subscribed to 23.46 million shares or a 6.5% stake in a private placement by Reservoir Link Energy Bhd (KL:RL).
Reservoir Link Energy Bhd (RLEB) is acquiring 545,044 shares (or a 30%) stake in Propel Maxflo Sdn Bhd from Propel Oilfield Services Sdn Bhd for RM7.39mil
Ntg meaningful with announcements and daily big volume stagnated at 35 cts it may turn out to be a recipe ripe for 25 cts when the bubble burst Cheers to that.