Now becomes part of the Menara Lien Hoe Cos

Fastest record of shares consolidation after their rights issues in Feb....lol

KevinJ, I dont want......

All kena trapped?

OTB

If Yinson is not doing well, the owner of Yinson is the first one to be a bankrupt.
I believe Lim's family secured bank loan to subscribe for right issues.

The rights issue price was Rm1.41

U n yr clients helped to buy at RM2.40+ from him...and also his free Wa

How to bankrupt leh?

Co always make good profit but always need to do cash calls

Boss could be cash rich but not the Co

Ah Mak cannot last for long one.....lol

What's next?

0.065+0.025 (WB)= 0.09 breakeven with rights issue of 0.09

5B shares......can goreng ah??????

No need to come to I3 to do the last killing lah Sifu

Dont worry old waterfish die new waterfish comes

If u dont believe u just browse thru all his previous posts

https://klse.i3investor.com/web/cube/blog/blposts/OoiTeikBee/tbooi1168?pub=N

Be very very careful when Sifu posted his buy calls in I3 ....

jenson68

No worry , keep for long term will be rewarded !! Haha

5 minutes ago

For the past few years I saw many Glovetards making similar comments...dont ask me where they are now...

YTLPower oredi up ard 400%+ since last year.... their risk reward ratio now certainly doesnt look well

Btw I see Sifu is asking for Tp Rm6+ for YTLPower

U better learn how to read his message

Has been recycling this Taurx for few years oredi

Most seems very happy with the good div...and forget the pain of price drops

Luckilhy cut loss early last year....or else will suffer another 10%+ of losses

My cost is 0.40+, hope wouldnt go Holland together with all the Fund Managers n Naza

Out of 30 top shareholders, at least 17 to 18 r held by Funds

Their costs are not cheap...likely above 0.70 I guess

Saw a lot of new names in their latest Annual Report....
4. Naza 5.181%
6. Dali Asia Pacific Fund 1.55%
9. HL Dana Makmur Fund 1.395%
10 HL Growth Fund 1.295%
11.Dali Asia Pacific Fund 1.28%
15.Principal Islamic Smallcap Fund 0.71%
18 HL Foundation Fund 0.518%
19 Principal Islamic Enhance Fund 0.507%
20 HL Foundation Dana 0.482%

All becomes big crabs ah?

It's only a small mkt cap RM31M Co now with 216M shares

Maybe they will goreng 99 first b4 the next RI/PP/Esos leh

Rm0.105 + 0.5WC (xRm0.065)=RM0.1375

Rm0.0375 or 37.5% profit

Too complicated ah?

Glovetards never die.......

So it's now a 3.2B shares Co with mkt cap ard Rm32M@ Rm0.01.

Whoever bought at Rm0.03 b4 Ex n subscribed the rights of 2 for 1 @ Rm0.01 = RM0.04 / 3 shares= Rm0.0133 per share suffers a paper loss of 0.033 loss or 33%

What's next?

Slow n steady...Victor wanna fry to the moon ah?

Those subscribed the rights at RM0.10 are making Rm0.065 cents or 65% now

Rm0.125 + 0.5WC (Rm0.08)= RM0.165

Dont play play with Victor Chin

TQ Victor for second angpao

Finally stand above Rm3.00, a small angpao (10% to 15%) is good also

Grandpine helps to goreng...lol

I3lurker I will support a bit on yr SCIB

Sold some n earned a big angpao....Thought can make a big big big angpao but an unexpected PN17....

So likely no suspension tmr but now a PN17 Co...

Let's c how it goes tmr

Not sudden death

Walau A...PN17 so fast....Anyway will take another 12 months to go...

I3lurker I will support yr SCIB after I sold some of my Reneuco tmr

No limit up lah...at most go back to the level it started to drop due to this news...

Mayb 0.16 to 0.18

Likely no suspension tmr.

Life goes on price will be back to normal

Victor gives first round of early Angpao...

TQ Victor

More to come ah?

Anyway there will only be 2 outcomes if u buy this Co now...

Either u lose or u make .....no worries....lol

Scenario 1
Kaotim the External Auditor n AR come out today no suspension

Scenario 2
Suspended tmr n AR come out n re open in Mac B4 EGM 27 Mac

Scenario 3
Suspended tmr. Cannot kaotim External Auditors n more shits come out no AR n ghost EGM finally Co go into bigger deep shit n die

Place yr bets pls

Unless this EGM is also another ghost date lah

Who knows...Mayb Karim left but his spirit stays leh

EGM is on 27 Mac

At most hold for one month+ fm now

Price oredi plunged by 70%+ year todate...fully factored the possible suspension...

With the latest annoucement ytd, I think they have oredi kaotim their external auditors.....

During Karim's days he used a lot of ghost contracts from Middle East to goreng his shares

I dont think so in Reneuco's case....Ghost contracts which are non exist.....

Posted by Balian de Ibelin > 2 minutes ago | Report Abuse

RM132 million bad debt?

is it bad debt or something else?

Impairment loss?

Ghost contracts during Karim's days.....not affecting their cash flow....kind of housekeeping exercise

Maybe Reneuco will give us a surprise today.....Let's c

No need to get the insider news from Wife or Mistress of Boss....

Bursa can tell u.....lol

RENEUCO BERHAD
- Notice of the Twenty Six Annual General Meeting ("26th AGM")

The 26th AGM of the Company will be conducted on a fully virtual basis through live streaming and online remote voting using the Remote Participation and Voting (RPV)

Date of Meeting 27 Mar 2024
Time 10:30 AM

Resolutions

1. For Information
Description

To receive the Audited Financial Statements for the financial period ended 30 September 2023 together with the Reports of the Directors and Auditors thereon.

Shareholder’s Action For Information Only

2. Ordinary Resolution 1
Description

To approve the payment of Directors fees of up to RM894,600.00 commencing from the conclusion of the 26th AGM until the next Annual General Meeting of the Company.

Shareholder’s Action For Voting

3. Ordinary Resolution 2
Description

To approve the payment of Directors benefits of up to RM330,600.00 commencing from the conclusion of the 26th AGM until the next Annual General Meeting of the Company.

Shareholder’s Action For Voting

4. Ordinary Resolution 3
Description

To re-elect Sarah Azreen binti Abdul Samat who retires pursuant to Clause 76(3) of the Constitution of the Company.

Shareholder’s Action For Voting

5. Ordinary Resolution 4
Description

To re-elect Tan Yee Hou who retires pursuant to Clause 76(3) of the Constitution of the Company.

Shareholder’s Action For Voting

6. Ordinary Resolution 5
Description

To re-elect Dato' Dr. Md Khir bin Abdul Rahman who retires pursuant to Clause 78 of the Constitution of the Company.

Shareholder’s Action For Voting

7. Ordinary Resolution 6
Description

To re-elect Y.M. Tunku Datuk Nooruddin bin Tunku Dato' Seri Shahabuddin who retires pursuant to Clause 78 of the Constitution of the Company.

Shareholder’s Action For Voting

8. Ordinary Resolution 7
Description

Authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016 and waiver of the pre-emptive rights.

Shareholder’s Action For Voting

9. Ordinary Resolution 8
Description

Proposed renewal of existing shareholders mandate for recurrent related party transactions of a revenue or trading nature.

Shareholder’s Action For Voting

10. Ordinary Resolution 9
Description

Proposed renewal of share buy-back authority for the purchase up to ten percent (10%) of the total number of issued shares of the Company.

Shareholder’s Action For Voting