06-02-2013, 05:40 PM
(06-02-2013, 05:37 PM)CityFarmer Wrote: The company withdraw the bonus issue proposal
http://info.sgx.com/webcorannc.nsf/Annou...endocument
This will put pressure on share price tomorrow.
hmmm? i dun tink the bonus share issue is important (actually i never understood whats the point of bonus share issue besides increasing liquidity)
but they did announce rather disappointing earnings.. and no Chinese New Year special dividend, nor did they make any positive sounding outlook, or comments on the new shareholder. Kinda expected that they wouldnt mention the new shareholder.. sigh...
a little disappointed by the company.
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