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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.
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2023-03-23 14:42 | Report Abuse
John Soh Chee Wern in Changi
John Soh 2.0 still not locked up
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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
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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 !!!
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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
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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
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2023-03-21 15:35 | Report Abuse
Universe said WA 1.5sen very cheap
Now become nightmare
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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
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2023-03-17 11:33 | Report Abuse
Still waiting for operators to start work
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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
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2023-03-17 10:34 | Report Abuse
Hanya di Singapore boleh tangkap mastermind. Di sini, hanya boleh tangkap ikan bilis saja.
Betul tak ?
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2023-03-16 12:32 | Report Abuse
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit, possibly showing multi year losses, multi quarter losses
2. Directors might issue more MOUs to create excitement, most of which will eventually be terminated after some time
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised, beside sustaining the quarterly losses
5. When NOSH reach unmanageable Billions of shares, directors do share consolidation, follow by fund raising via rights issue with free warrants to ask more money from shareholders
6. Repeat step 1 to 5
Stock: [LKL]: LKL INTERNATIONAL BERHAD
2023-03-24 12:29 |
Post removed.Why?