Seek approval of its shareholders for the renewal of the authority for the Company to purchase its own shares of up to 10% of its total number of issued shares ("Proposed Renewal of Share-Buy Back Authority")

以我的理解，我读了几次，是不是我误会了，这只是可Share-buy back 的limit 增加到10% of total shares issue, 不是立刻买。

虽然我很纳闷这几天的announcement, 但其实我还有些东西还未算清楚，Share Buy Back up to 10% of total numbers of share issue, 原本Treasury shares 占了10%的多少？如果Share buy back 本来就占了6 至 7% （只是如果，未去算），能买入的是否就只有3%?

如果这share buy back 需要的资金占比不比PP来的资金多的话，就算不做share buy back 可能也会做PP。属于正常Corporate action，不会显得PP或Share Buy back 很多余。 但具体也要算了才知道这假设成立与否。

Erm... Total number of shares purchased and/or held as treasury shares against total number of issued shares of the listed issuer (%) 是1.61207， 还有8.4%可以买... 要买好买满10%，需要不少钱~ 但经过刚刚的讨论，买足到10%可以是一个很长远的计划，但如果公司出现了 Immediate Announcement on Shares Buy Back 10% 的 announcement, 后天又去Private Placement 融资10%，那就要小心是用PP来SBB了。

Treasury Shares 是库存股，增加treasury shares就好像是Issue New Share Capital 的反方向，如果treasury Shares 没有用来作Bonus Issue, ESOS, 或PP给第三方的话，增加treasury shares就是减少市场上的股票流通量 (减少 Supply). 对我们小股东是好事，没啥影响。只是Share Buy Back 是要真金白银用钱来买，如果同一个时间集中SBB太多，可能就会面临现金流问题。

不用想这样多，先考虑公司财务状况，如果没问题，那就往另外一方面想。

Private Placement的话，有可能公司想招揽新的重要投资者或者加快执行速度。

SBB的话，公司可能觉得股价低估，想回购低估的股票，也可能想稳定股价。

纯属我个人看法。

Pursuant to the private placement exercise in 2017, the Company has raised a total gross proceeds of RM30,186,900
by issuing 125,500,000 ordinary shares in 7 tranches. The details of the utilisation of the proceeds as at 31 December
2019 are as follows:

The utilisation of the proceeds as disclosed above should be read in conjunction with the Announcement of the Company
dated 30 November 2017.
The actual expenses incurred for the Proposed Private Placement by the Company was only RM0.13 million, which
was lower than the estimated expenses of RM0.33 million. This was mainly due to the actual placement fees and
other incidental expenses incurred were lower than the budgeted amount allocated for the said corporate exercise. The
unutilised funds were subsequently allocated towards the repayment of bank borrowings. The Company has reallocated
the unutilised funds allocated for the Balance Purchase Settlement for working capital purposes.
The Company has fully utilised the proceeds of the Proposed Private Placement during the FYE 2019

很好，list 出来就懂PP了几次，30 November 2017 PP 一次，15 April 2022 PP 一次，18 September 2019 proposed 15年 500 million 的 SUKUK 计划-第一批，21 Sep 2021 SUKUK第二批.

Issue of warrant 我不会包括在内因为如果是Bonus issue of warrant, 公司是收不到钱的。

所以总结：PP 2次，Sukuk 到第二批。