Oh Talam

On the Edge Financial Daily yesterday evening.

• Talam’s 1.28b RCPS, 1.53b RCSLS to list on July 1
  
  KUALA LUMPUR: Talam Corp Bhd’s 1.287 billion redeemable convertible preference shares (RCPS) of 20 sen each will be listed and quoted on July 1 under the conmpany's reviswed regularisation plan.
  
  A Bursa Malaysia circular said on June 29 that Talam’s 1.529 billion redeemable convertible secured loan stock (RCSLS) will also be listed on July 1.
  
  They comprise of 89.62 million RCSLS-B; 855.01 million RCSLS-C and 585.01 million RCSLS-D.

On this morning's Edge Financial Daily Talam up in very active trade

• KUALA LUMPUR: Talam Corp shares rose in very active trade on June 30 after it almost completed its debt revamp.
  
  It was up 1.5 sen to 12.5 sen at 9.28am. The KLCI was up 4.75 points to 1,080.59.
  
  Talam’s 1.287 billion redeemable convertible preference shares (RCPS) of 20 sen each will be listed and quoted on July 1.
  
  Its 1.529 billion redeemable convertible secured loan stock (RCSLS) will also be listed on July 1. They comprise of 89.62 million RCSLS-B; 855.01 million RCSLS-C and 585.01 RCSLS-D.
  
  The latest development was Kumpulan Europlus’s proposal to acquire financial instruments of Talam of a total nominal value of RM423.35 million from Abrar Discounts totalling at RM125 million.

Such a not so small debt revamp for Talam!

Hmm... Talam must be good, eh?

How could it not be?

*whistle*