Type
:
Announcement
Subject
:

JCY INTERNATIONAL BERHAD (“JCY” OR THE “COMPANY”)

(I) PROPOSED EXECUTIVES’ SHARE OPTION SCHEME (“ESOS”) FOR THE ELIGIBLE DIRECTORS AND EXECUTIVES OF JCY AND ITS SUBSIDIARIES (“JCY GROUP” OR “GROUP”) (“PROPOSED ESOS”); AND

(II) PROPOSED PURCHASE OF ORDINARY SHARES IN JCY OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF JCY (“PROPOSED SHARE BUY-BACK”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

Contents
:

Please refer to the attachment on details of the announcement of the Proposals.

This announcement is dated 28 January 2011.


javascript:emoticon(':hmm:')
Saw this on announcement on Bursa.

How this would impact on this share? Any opinions??




Attached File(s)
 JCY280111.pdf ( 153.05k ) Number of downloads: 28

share price might will go up one day.....but i think its not in near future........rebound at this moment it should happen...but to move further....depends on its business...........hard drive market is in sludge right now..........(HD company merging news, lap top demand dropped...).......i think this can be considered long term investment......with risk.....unless JCY can diversify its business market..............don't forget its competitors......N.........