Comments on SCIB

remy m

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Lan cau SCIB

20 hours · translate ·

David CK

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Support retest looks solid. If it can stay above 0.165–0.170, next push towards 0.180 possible. Volume needs to follow.

3 days · translate ·

Powerup

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Sarawak Consolidated Industries Bhd’s (SCIB) wholly owned subsidiary, SCIB Holdings Sdn Bhd, has entered into a conditional share sale and purchase agreement (SSPA) with YTL Cement (Sarawak) Sdn Bhd, an indirect subsidiary of YTL Corp Bhd, for the proposed disposal of its entire 100% equity interest in SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113mil cash.

https://www.klsescreener.com/v2/news/view/1622415/scib-sells-concrete-subsidiary-to-ytl-cement-for-rm113mil

3 weeks · translate ·

Previous replies (4)

Steve Lee

Hope this week can rebound

Like · 5 days · translate

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Testing support again, now resistance at 0.180

Like · 3 days · translate

Ming

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Rights issue is coming , next coming share consolidation.

6 days · translate ·

Steve Lee

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time to up

1 week · translate ·

Gigi Ng

Time to Lau Sai

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Powerup

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gap is filled @0.165, will rebound

2 weeks · translate ·

Previous replies (2)

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The Proposed Share Capital Reduction will allow the Company and the Group to rationalize their financial position by reducing their accumulated losses via cancellation of its issued share capital which is substantially unrepresented by available assets, to reflect more accurately the value of the underlying assets and financial position of the Company and the Group.

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