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MAGNI-TECH (7087) - care to share some views?
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Cubalagi
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Aug 15 2019, 06:37 AM
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QUOTE(aeonsakura @ Aug 14 2019, 07:33 PM) » Click to show Spoiler - click again to hide... « DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD MAGNI-TECH INDUSTRIES BERHAD
Type Announcement Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) INTENTION TO DEAL DURING CLOSED PERIOD Description
Notification of intention of dealing by a Principal Officer in the securities of Magni-Tech Industries Berhad ("MAGNI" or "the Company") during closed period.
The Company had, on 13 August 2019 received the notification from Mr. Lim Eng Chuan, the Principal Officer of the Company that he intends to deal in the securities of MAGNI between 15 August 2019 to 10 September 2019 during MAGNI's closed period. The details of his shareholdings in MAGNI is set out below:-
Name of Principal Officer: Lim Eng Chuan
Direct Indirect No. of Shares 480,000 - Percentage (%)
0.30 -
This announcement is dated 13 August 2019.
what is the meaning of the above announcement?? Senior company officers need to announce if they want to buy/sell company shares during closed period, which is period before results announced.
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