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TIGER-WA : Can this TIGER Roar?

Do you know there is actually a stock named TIGER in Bursa Malaysia?

Yes, this stock code belongs to Tiger Synergy Berhad (formerly known as Minply Holdings Berhad) and the name change took place on July 16th this year.  However, the share price performance for this stock has been anything but tiger-like.

Tiger Synergy implemented a rights issue earlier this year.  Shareholders of the company were entitled to subscribe for 3 rights shares with 2 free warrants at 20 sen per share for every share they held before the ex-date, which was on the day before the name change took place.


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