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2023-03-24 14:59 | Report Abuse
TA WIN HOLDINGS BERHAD ("TA WIN" OR "COMPANY")
- PROPOSED ACQUISITION OF 705,892 ORDINARY SHARES IN CYPRIUM WIRE TECHNOLOGY SDN BHD ("CWT"), REPRESENTING 15% OF THE TOTAL ISSUED SHARE CAPITAL OF CWT, FROM ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR "VENDOR") FOR A CASH CONSIDERATION OF RM12,000,000.00 ("PROPOSED ACQUISITION")
The Board of Directors of Ta Win wishes to announce that Cyprium Capital Sdn. Bhd., a wholly-owned subsidiary of the Company had on 23 March 2023 entered into a Sale Share Agreement with Asia Poly to acquire a total of 705,892 ordinary shares in CWT, representing 15% equity interest in CWT for a purchase consideration of RM12,000,000.00.
The Proposed Acquisition is deemed as a related-party transaction pursuant to Paragraph 10.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Please refer to the attachment for further details of the Proposed Acquisition
This announcement is dated 23 March 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3338750
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Directors continue to spend money from company fund
Time to show some positive results from business operations
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Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
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TAYOR
2023-03-24 12:37 | Report Abuse
ADVANCE INFORMATION MARKETING BERHAD ("AIM" OR "COMPANY")
(I) SHARE CONSOLIDATION;
(II) RIGHTS ISSUE; AND
(III) DIVERSIFICATION
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Share consolidation completed.
Be aware of proposed rights issue
On the way very soon.
Get more money to contribute to directors fast and easy fund raising exercise
2023-03-24 12:31 | Report Abuse
The Board had fixed the Exercise Price at RM0.17 per Warrant after taking into consideration, amongst others, the TEAP of the Shares.
The Exercise Price represents a discount of approximately 15.00% to the TEAP of RM0.20 per Share, calculated based on the 5-day VWAP of LKL Shares up to and including the LTD of RM0.3498 per Share and the Issue Price of RM0.17 per Rights Share.
This announcement is dated 10 February 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3326892
2023-03-24 11:40 | Report Abuse
ICONIC WORLDWIDE BERHAD ("ICONIC" OR THE "COMPANY")
- PROPOSED ACQUISITION;
- PROPOSED RIGHTS ISSUE WITH WARRANTS; AND
- PROPOSED EXEMPTION
We refer to the conditional share sale agreement dated 19 September 2022 entered into between Iconic, Dato’ Seri Tan Kean Tet and Tan Seok Ying for the Proposed Acquisition ("SPA") and supplemental letter to the SPA dated 15 December 2022.
On behalf of the Company, M&A Securities Sdn Bhd wishes to announce that the parties to the SPA have mutually agreed to extend the long stop date of the SPA by 3 months until 18 June 2023 to fulfil the conditions precedent.
This announcement is dated 22 March 2023.
2023-03-23 14:42 | Report Abuse
John Soh Chee Wern in Changi
John Soh 2.0 still not locked up
2023-03-23 12:25 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,862,402,877 NEW ORDINARY SHARES IN FITTERS DIVERSIFIED BERHAD ("FITTERS" OR THE "COMPANY") ("FITTERS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 1,241,601,918 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 17 MARCH 2023
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Date for commencement of trading of rights 20 Mar 2023
Date for cessation of trading of rights 27 Mar 2023
FITTERS-OR trading at 0.005 seller price
Could be similar to recent rights issue exercise by BSLCORP whereby most retail shareholders are not willing to fork out more money to subscribe for the rights shares
Proxies and friendly penny stock companies might come in to support the fund raising by using company fund to subscribe for the excess rights shares
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TAYOR
2023-03-23 10:03 | Report Abuse
Who is the big boss behind the plunge ?
John Soh already in Changi.
Here, stock manipulator is safe and sound !!!
2023-03-22 22:56 | Report Abuse
Next important date is 28 March 2023, listing of rights issue shares
Winner are directors of LKL conveniently raising about RN49.5 million from rights issue fund raising exercise. Much easier than generating profits from business operations.
Other potential winner are Operators and supporters of fund raising exercise who have lots of subscribed shares to sell to market to reap huge profit based on rights issue price of 0.17 compared to current market price of 0.255.
Sit back and watch the show
2023-03-22 09:49 | Report Abuse
Previous share consolidation in 2020
Share consolidation of every 50 existing ordinary shares in Icon Offshore Berhad ("Icon") ("Existing Shares") into 1 consolidated share in Icon ("Consolidated Share(s)") as at 5.00 p.m. on Thursday, 23 January 2020 ("Entitlement Date") ("Share Consolidation")
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After 3 years, another share consolidation. Long term loyal investors suffered huge losses
Be careful trading and holding high NOSH penny stocks
2023-03-21 15:35 | Report Abuse
Universe said WA 1.5sen very cheap
Now become nightmare
2023-03-20 15:09 | Report Abuse
Almost 40% of BSLCORP owned by other penny stocks that supported BSLCORP fund raising activity by subscribing for the rights shares using their company fund which was likely raised from their respective fund raising exercise via shares issuance to PP, ESOS or RI
Be aware that penny stocks directors could be supporting each other in their fund raising exercise in attempt to support their stock prices
2023-03-17 11:33 | Report Abuse
Still waiting for operators to start work
2023-03-17 11:02 | Report Abuse
Scams could also be protected by certain parties. Win win situation. Like the recent foreign scam uncovered by our MACc
Stock: [BPURI]: BINA PURI HOLDINGS BHD
2023-03-27 16:16 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,402,258,933 NEW ORDINARY SHARES IN BINA PURI HOLDINGS BHD ("BINA PURI") ("BINA PURI SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 3 EXISTING BINA PURI SHARES HELD AS AT 5.00 P.M. ON MONDAY, 27 MARCH 2023, TOGETHER WITH UP TO 280,451,788 FREE DETACHABLE WARRANTS B IN BINA PURI ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 5 RIGHTS SHARES SUBSCRIBED, AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date 24 Mar 2023
Date for commencement of trading of rights 28 Mar 2023
Date for cessation of trading of rights 04 Apr 2023
Acceptance and Payment 11 Apr 2023 05:00 PM
Excess share application and payment 11 Apr 2023 05:00 PM
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 17 Apr 2023
Available/Listing Date 21 Apr 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3335873
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Take note of rights issue and the relevant dates
Rights issue price RM0.035 PER RIGHTS SHARE
Current share price 0.03 - 0.035 !!!
Nosh will increase by maximum of 1,402,258,933 to 3,461,568,562 after completion of RI
New warrant = 280,451,788 (maximum sceario)
Multi BILLION NOSH loss making penny stock
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TAYOR