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FINTEC GLOBAL BERHAD ["FINTEC" or "the Company"] - OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME ("ESOS")
(a) Date of offer : 11 May 2021
(b) Exercise price of options offered : RM0.041
(c) Number of options offered : 100,000,000
(d) Market price of FINTEC’s shares on the date of the offer : RM0.04 each
(e) Number of options offered to Directors of FINTEC : Nil
(f) Vesting period of options offered : Not applicable
Can anyone write to Bursa and question Bursa, if this is allowed. Looks like the minority shareholder have no rights over this. The owner can keep on playing with ESOS???? This is showing Malaysian stock market is without controlling authority. Unbelievable!!
sandy roxy - good question ! when i raise this as question to bursa itu stupid bursa see my emaill never answer n block my email after i send another email n this is our bursa !
First time knowing this? They've been doing this since decades. Fund using corporate action, sell lower because people believe in what they do and continue pushing in for more selling pressure at a lower cost price. Gamblers like to gamble until it's no longer viable.