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"The Board of Directors of HG Metal Manufacturing Limited (the “Company”) wishes to announce
that the Company has increased its equity investment in HG Metal Manufacturing Sdn Bhd, by
subscribing for additional 8,000,000 ordinary shares of RM1 each in the share capital of HG Metal
Company. The additional investment is funded by internal resources of the Company. The
Manufacturing Sdn Bhd through HG Metal Investments Pte Ltd, a wholly-owned subsidiary of the
effective interest held by the Company after the additional investment remains at 100%."
what does this means? anyway it will affects investors like us?
ic thanx for tt ans. Ha thout tt company in trouble or something.
Will keep holding, hope for better times den !
Every dog has its day. Now is rotational play times.
Its just the matter of time when HG metal time comes.
Cheers.
Maybe that investor needs money or perhaps some other reasons.
If there is really something wrong with the company, i don't think only that substantial investor will sell his shares.
Moreover, he sold at a profit since he got it at $0.10 per share.
mass vol for 2-3 days
wht those u all thnk abt this stock?
gd investing? 1 of their shareholder juz offload his shares. something went wrong wif tt company?