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As of end-June, the company held RM541.6 million in cash and RM532.9 million in digital assets (cryptocurrencies), against RM2.19 billion in borrowings and over RM90 million in trade payables, other payables and accruals. "information extracted from an article published in The Edge"
Private placement of 236 million shares done at 10.98c. They take the private placement and throw to the market at current price of 14.5/15c and still make tons of money.
Everyday, Dato is only buying 2 to 3 million shares but the volume done is between 40 to 100 million shares. Who else is doing the massive buying and selling and does not trigger any substantial shareholding announcement.
Collapsed of Singapore Commodity Firm Agritrade leaves lenders exposed. Maybank's exposure is about $107 million. This will most likely have a Negative impact to Maybank's share price.
the marketcap has gone up by 100mil in less than a month. ansell bought 50% of carepls only profited 8mil for carepls. where else is the justification for the huge rise in marketcap ? furthermore carepls is still a loss making company.
