This may also give impetus for the rights issue. Only people holding as of the 16th August can buy into it. Perhaps some people may be willing to pay above the 0.004 for shares now to then bring their average back down with the rights issue. We could see some positive movement up in the SP in the next few days - more so if a sale is confirmed.
Ann: Non-Binding Offer for 21% Stake in I.Destinasi Sdn Bhd, page-37
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