QUOTE(djhenry91 @ Jan 19 2017, 05:46 PM)
check his anak counter..UMWOG
but today morning i only know ICON,UMW and UMWOG suspend pending material announcement
i blow water with another remeiser..they merge
ikan kecil makan ikan besar..
mana tau is really merge lol..
Yup you are correct, ICON and UMWOG is going to merge and then buy out ORKIM. Also the parent will distribute out all the shares for the merger.
After then immediate rights issue and warrants.
So after merge UMWOG will be a jack up rig operator, OSV operator and transport shipping company. Really rojak.

And UMW will finally disown it's troubled child.

Jeng jeng.. ASB will be the major shareholder of the new UMWOG.
This post has been edited by gark: Jan 19 2017, 07:14 PM