Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

ZENTECH rights shares listed today 13 Mar 2023
ZENTECH price has dropped from high of 7.5sen to 2.5sen
Will it drop further below the rights issue price of 1.5sen ???

Directors collected more than RM24million from the rights issue exercise
Easy and convenient way of getting money from shareholders

Post removed.Why?

Post removed.Why?

Do you believe there will be 4sen to make when the rights shares are listed on 15 March?
Do you believe the directors and operators are generous to retail shareholders?
Act accordingly based on your assessment.
TAYOR

Rights issue raised 207,773,660 X 0.20 = RM41,554,732 in May 2022

Auditors should check if the money raised from rights issue is still with the company

https://www.nst.com.my/news/crime-courts/2023/02/878293/company-director-datuk-seri-title-claims-trial-using-fake-invoices

So many conman ???

Acceptance and Payment 01 Mar 2023 05:00 PM
Excess share application and payment 01 Mar 2023 05:00 PM

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After 1 March 2023 when the directors managed to collect the rights issue money from subscribers, price will start to drop

Sell while you can
Before it drop back to below rights issue price 0.055

Many penny stocks with rights issue have the same fate.

btm, mtronic, ages, vizione, csh, permaju, pdz, kanger, many more

Post removed.Why?

Many shattered dreams to come soon

@Zulfikri12, ask your remisier

IMPORTANT DATES ;-

Date for commencement of trading of rights 09 Feb 2023
Date for cessation of trading of rights 22 Feb 2023

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 09 Mar 2023

Acceptance and Payment 01 Mar 2023 05:00 PM
Excess share application and payment 01 Mar 2023 05:00 PM


Available/Listing Date 15 Mar 2023

Post removed.Why?

Post removed.Why?

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

Post removed.Why?

Post removed.Why?

On behalf of the Board, M&A Securities wishes to announce that the Company has submitted an application to Bursa Securities for the withdrawal of the Application with the intention to submit an updated valuation report and valuation certificate in relation to the Proposed Acquisition to Bursa Securities (“Withdrawal Application”). Further, Bursa Securities has taken note of the Withdrawal Application and the Board shall make further announcement on the Proposals in due course.

This announcement is dated 9 February 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3326627

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Updated valuation to benefit seller or company shareholders
Stay tune for the revision

Ta Win Holdings Bhd’s managing director Datuk Seri Ngu Tieng Ung has emerged as Khee San Bhd’s largest substantial shareholder. This came after Khee San director Datuk Mohamad Razali Mohamad Rahim ceased to be the candy maker’s major shareholder on Thursday, having offloaded all 22.8 million shares, or a 16.667% stake, by way of a direct business transaction at 13 sen apiece, or RM2.97 million in total. Ngu bought that block of shares through Timur Enterprise Sdn Bhd, raising his stake in Khee San to 16.754%. This makes Ngu the single largest shareholder of Khee San, while founder of security seal manufacturer Mega Fortris Malaysia Sdn Bhd, Datuk Dr Ng Meng Kee, holds a 12.42% stake.

===============
Will KheeSan become another high NOSH penny stock like TA WIN via share issuance to RI, PP, ESOS and asset acquisition from friendly parties?

Current NOSH = 137,280,000 (for future reference)

Ta Win Holdings Bhd’s managing director Datuk Seri Ngu Tieng Ung has emerged as Khee San Bhd’s largest substantial shareholder. This came after Khee San director Datuk Mohamad Razali Mohamad Rahim ceased to be the candy maker’s major shareholder on Thursday, having offloaded all 22.8 million shares, or a 16.667% stake, by way of a direct business transaction at 13 sen apiece, or RM2.97 million in total. Ngu bought that block of shares through Timur Enterprise Sdn Bhd, raising his stake in Khee San to 16.754%. This makes Ngu the single largest shareholder of Khee San, while founder of security seal manufacturer Mega Fortris Malaysia Sdn Bhd, Datuk Dr Ng Meng Kee, holds a 12.42% stake.

===============
Will KheeSan become another high NOSH penny stock like TA WIN via share issuance to RI, PP, ESOS and asset acquisition from friendly parties?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

Fund raising by directors via share issuance to PP, ESOS and asset acquisition
https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all

Post removed.Why?

JOE HOLDINGS formerly known as GPA HOLDINGS
Directors more interested in investing and speculating on other loss making penny stocks , like Bioalpha, Pnepcb, Pasukgb

https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all

Post removed.Why?

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

NO rubbish

Directors likely to raise about RM84 million from the subscription of rights shares by shareholders. Easy and fast money !!!

Why want to stress to bring in business to generate profit for company shareholders

Post removed.Why?

Post removed.Why?

Post removed.Why?

Watching how long the operators can maintain the price at this level if retail participation is limited

Post removed.Why?

Post removed.Why?

Ex-Date 07 Feb 2023

TAKE NOTE:-
Purchases from this date onward not entitled to the rights shares at 0.055 per share

Don't get trapped at high price.

Bear in mind, NOSH will increase from 278,656,298 to 1,950,594,086 upon listing of rights shares

After listing of the rights shares, price will likely dropped below rights issue price of 0.055

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

Post removed.Why?

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

Post removed.Why?

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

Post removed.Why?

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

Post removed.Why?