HCK Capital Replies To Bursa Query

Pocket News
April 14, 2017
84 Views

PETALING JAYA, Apr 13 – HCK Capital Group Bhd said the recent rise in its share price and trading volume could be due to its share split and rights issue exercises, after it was queried by Bursa Malaysia yesterday. Last week, HCK, which is involved in the property, food, technology and media industries, announced a one-to-five share split and a renounceable rights issue of 210.59 million warrants on the basis of one warrant for every two split shares held.

In response to the regulator’s query, the group said the share split and right issue proposals are pending approvals from Bursa Malaysia, its shareholders at an EGM to be convened and any other relevant authority. Since the beginning of the month, HCK’s share price has risen close to 60%. The counter jumped RM1.05 or 20.4% to close at RM6.20 yesterday, with 62,200 shares changing hands.

0
like
0
love
0
haha
0
wow
0
sad
0
angry

You may be interested

Penang DAP Unveils Full Candidates List For GE14
8 shares62 views
8 shares62 views

Penang DAP Unveils Full Candidates List For GE14

Rachel Yeap - April 21, 2018

GEORGE TOWN, Apr 21 - DAP Secretary-General Lim Guan Eng and Penang DAP Chairman Chow Kon Yeow today officially unveiled full candidates…

GE14: PKR Members Protest Over Mahathir’s Use Of Party Logo
1 shares34 views
1 shares34 views

GE14: PKR Members Protest Over Mahathir’s Use Of Party Logo

Pocket News - April 21, 2018

PETALING JAYA, Apr 21 - About 50 PKR members today staged a protest in front of the PKR headquarters here against…

EC: 3,737 Nomination Forms For GE14 Sold As At April 20
1 shares28 views
1 shares28 views

EC: 3,737 Nomination Forms For GE14 Sold As At April 20

Pocket News - April 21, 2018

PUTRAJAYA, Apr 21 - The Election Commission (EC) has sold 3,737 nomination forms for the 14th General Election (GE14) as at…

error: Content Is Protected !