Looking back to Hidden hands behind penny stock surge
https://www.klsescreener.com/v2/news/view/734117

Looking back to Hidden hands behind penny stock surge
https://www.klsescreener.com/v2/news/view/734117

Looking back to Hidden hands behind penny stock surge
https://www.klsescreener.com/v2/news/view/734117

Worth looking at rights issue of CLASSITA, CSH, HARVEST MIRACLE (formerly Vortex) :-

RENOUNCEABLE RIGHTS ISSUE OF UP TO 965,398,515 NEW ORDINARY SHARES IN CLASSITA HOLDINGS BERHAD (FORMERLY KNOWN AS CAELY HOLDINGS BHD) ("CLASSITA") ("CLASSITA SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 5 RIGHTS SHARES FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF CLASSITA AS AT 5.00 P.M. ON 14 JUNE 2023, TOGETHER WITH UP TO 579,239,109 FREE DETACHABLE WARRANTS ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR, AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ("RIGHTS ISSUE")

Closing price (7/12/23) 0.045 !!!

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RENOUNCEABLE RIGHTS ISSUE OF UP TO 690,705,280 NEW ORDINARY SHARES IN CSH ALLIANCE BERHAD (FORMERLY KNOWN AS KTG BERHAD) ("CSH") ("CSH SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING CSH SHARE HELD AS AT 5.00 PM ON 21 DECEMBER 2021 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE, TOGETHER WITH UP TO 690,705,280 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE")

Current price (7/12/23) 0.05

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RENOUNCEABLE RIGHTS ISSUE OF UP TO 364,478,577 NEW ORDINARY SHARES IN VORTEX CONSOLIDATED BERHAD ("VORTEX" OR "COMPANY") ("VORTEX SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 30 MARCH 2021 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.17 PER RIGHTS SHARE, TOGETHER WITH UP TO 291,582,861 FREE DETACHABLE WARRANTS C ("WARRANTS C") ON THE BASIS OF 4 WARRANTS C FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

Current share price (7/12/23) 0.11

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Same will happen to MMAG
Place your bet

Could be same group of peoples operating :-

MMAG (formerly INGENUITY CONSOLIDATED BERHAD)
CLASSITA (formerly CAELY HOLDINGS BHD)
INGENIEUR (formerly DYNACIATE GROUP BERHAD)
CSH (formerly KTG BERHAD))
HARVEST MIRACLE (formerly VORTEX CONSOLIDATED BERHAD)
HONG SENG (formerly MSCM HOLDINGS BERHAD)

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Change of company name
Fund raising via massive shares issuance to PP, ESOS, RI, etc
Mostly multi year loss making
Eventually shares consolidation after NOSH hit multi BILLION shares

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Be careful with your hard earned money
Monitor those that have not undergone shares consolidation.........could happen be in near future

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Another quarter of losses

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5977721

Another huge loss for this quarter

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5977721

Huge profit for this quarter. Where does it come from?

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5977773

Still a losing quarter

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5977895

Another quarter of losses

Consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5978001

Another quarter of losses

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5978015

Why so huge losses for this quarter?

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5978027

Quarterly rpt on consolidated results for the financial period ended 30/09/2023 | https://www.klsescreener.com/v2/announcements/view/5978029

Another quarter of losses

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Supporting the price for employee to sell to make quick profits
Year end bonus for lucky employee

Chart still on downtrend, don't be greedy yet

MMAG, HM, INGENIUR, CLASSITA, CSH, HONGSENG
All controlled by same group ?

All are FUND RAISING company via shares issuance to PP, ESOS, RI and then will do share consolidation

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Mak Siew Wei is director in AT, AIM, PASUKGB, AEM

Was director in TRIVE, GOCEAN, PUC

Share consolidation specialist ???

Multi year loss making company
Directors continue to be re-elected
Directors continue to receive allowances and remunerations

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More like Fund Raising company via shares issuance to PP, ESOS, RI, etc

Retail shareholders get nothing in return while shareholding equity % keep diluted

GENERAL MEETINGS: Notice of Meeting
Date of Meeting 19 Dec 2023
Time 11:00 AM

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3400212

ORDINARY BUSINESS

1. Laying of the audited financial statements and the reports of the directors and auditors

2. Election of Director
THAT re-election of the Executive Chairman, Dato’ Tan Wei Lian who retires in
accordance with Article 95 of the Company’s Constitution, be hereby approved.

3. Election of Director
THAT re-election of the Non-Independent Non-Executive Director, Chua Eng
Chin...

4. Election of Director
THAT re-election of the Independent Non-Executive Deputy Chairman, Dato’
Syed Abdul Aziz bin Syed Hassan...

5. Election of Director
THAT re-election of the Independent Non-Executive Director, Dato’ Zainol Abidin
bin Mohamed.....

6. Appointment of auditors
THAT the appointment of Messrs UHY, Chartered Accountants....

SPECIAL BUSINESS

7. Approval for directors’ meeting allowance in accordance with Article 103
and 104 respectively of the Constitution and pursuant to Section 230(1)(a)
of the Companies Act 2016

THAT approval be given for the payment of Directors’ meeting allowance of up to
RM150,000.00 (2022 : RM150,000.00) for the period from this AGM until the
next AGM to be held in year 2024 and be payable after the meeting in arrears.

8. Allotment of shares or grant of rights and waiver of pre-emptive rights with
the Company approval pursuant to Sections 75, 76 and 85 of the Companies
Act 2016 respectively

By Order of the Board
TWL HOLDINGS BERHAD
Company Secretary
HENG CHIANG POOH FCIS (CS) (CGP)
MAICSA 7009923

NOSH now above 1.5 Billion shares
If directors continue to raise more funds via shares issuance to PP and ESOS, NOSH might increase further to multi BILLION shares
Don't be surprised when directors propose another shares consolidation exercise in near future

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Upon completion of rights issue,
NOSH = 4,990,594,887
New warrant = 1,663,531,629

Very very massive fund raising via very very massive share issuance

In near future, directors likely to propose shares consolidation to reduce the NOSH anf raise more fund via shares issuance to RI, PP and ESOS

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Most probably after shares consolidation, directors will start to raise more funds via shares issuance to PP and ESOS or RI

Continue to monitor quarterly reports and utilization of company fund by directors

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FOR MZM

The Board of Directors of Kanger wishes to announce that its wholly-owned subsidiary, namely KIB Global Resources Sdn Bhd, had on 7 November 2023 entered into a Sale and Purchase A greement ("Agreement") with Aset Kayamas Sdn Bhd (“Aset Kayamas” or “Developer”) for the proposed acquisition of 15 units of serviced apartments located at Block A, ANTARA, GENTING HIGHLANDS, sited on a piece of freehold land held under title no. GRN 45572 , Lot 43031, Mukim Bentong, Daerah Bentong, Negeri Pahang from the Developer for a total purchase consideration of RM19,770,000.00, with details provided herein, subject to the terms and conditions of the Agreement ("Proposed Acquisition").

Further details on the Proposed Acquisition are set out in the attachment enclosed.

This announcement is dated 7 November 2023.

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6.1 The parties agree that the total consideration of all the Purchaser Units is Ringgit
Malaysia Nineteen Million Seven Hundred and Seventy Thousand
(RM19,770,000.00) only (hereinafter referred to as the “Total Consideration
Sum”) which is payable to the Developer in the manner as provided in Annexure
E of the Agreement. The Developer agrees to sell and transfer ownership of the
Purchaser Units to Purchaser and/or its nominees subject to all conditions whether
expressed or implied in the issue document of title of the said Land and subject to
all terms and conditions herein appearing.

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Please read the full documents of the agreement and let us know how the purchases will be financed

Could it be via massive shares issuance to the seller or to PP to raise more money to hand it to the seller ??

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Downtrend likely to continue into next week

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High NOSH low price penny stock in the making
Many penny stocks with high NOSH of above 3 Billion shares had done shares consolidation.
Latest examples are AT, JOE, MMAG, KGROUP, ETC

PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 3,327,063,258 NEW ORDINARY SHARES IN DESTINI BERHAD ("DESTINI" OR THE "COMPANY") ("DESTINI SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT THE ISSUE PRICE OF RM0.04 PER RIGHTS SHARE, ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING DESTINI SHARE HELD, | https://www.klsescreener.com/v2/announcements/view/5930143

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Generating volume to attract newbies, punters and new players into the game. Very cheap counter, everyone can play.
But NOSH extremely high and with multi year losses
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NOSH = 4,827,398,567
LA = 2,098,519,791
WD = 856,946,709
WE = 440,216,202

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More than 800 million placement shares to be issued soon

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3239819

MZM, please check if annual report purposely leave out the name or her disposal was not declared and announced?

KANGER INTERNATIONAL BERHAD

Particulars of substantial Securities Holder
Name MISS CHAI WOON YUN

Nature of interest Direct Interest
Direct (units) 33,450,000
Direct (%) 5.594

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Proxy of Asset Kayamas?

Kanger directors can raise more fund via share issuance to PP. ESOS or seller
Old tricks remain the same
NOSH will continue to rise to BILLION shares
Shareholders equity % and EPS will be massively diluted