FOR NEWBIES

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........


Retail investors trapped at high price incurred huge losses caused by share consolidation

Check stock information

https://www.klsescreener.com/v2/stocks/view/0017/xox-technology-berhad

FOR NEWBIES

Announced EX Date Subject Ratio Offer
22 Apr 2024 07 May 2024 Share Consolidation 1.0000 : 30.0000 View
11 Nov 2020 24 Nov 2020 Rights Issue (warrant) 5.0000 : 5.000 View
19 Oct 2017 31 Oct 2017 Rights Issue (warrant) 2 : 1 0.0800 View
22 May 2017 01 Jun 2017 Share Consolidation 3 : 1 View
13 Mar 2014 26 Mar 2014 Rights Issue (warrant) 1 : 1 View

https://www.klsescreener.com/v2/stocks/view/0150/fintec-global-berhad

Look at Capital Changes and Annual P/L in above link

===============
On behalf of the Board, TA Securities wishes to announce that the Share Consolidation has been completed following the listing and quotation of 197,563,422 Consolidated Shares and 7,278,682 Consolidated ICPS on the ACE Market of Bursa Securities with effect from 9.00 a.m. on 9 May 2024.

This announcement is dated 10 May 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3446272

Many retail investors bought at high prices incurred huge losses due to share consolidation of 30 to 1 !!!

===============
Expect directors to restart fund raising via massive shares issuance to PP, ESOS, RI, asset acquisition, etc

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

FOR NEWBIES

CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN DESTINI ("DESTINI SHARE(S)" OR "SHARE(S)") INTO 1 DESTINI SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")

On behalf of the Board, UOBKH is pleased to announce that the Share Consolidation has been completed following the listing of and quotation for 499,059,412 Consolidated Shares and 166,353,160 Consolidated Warrants B on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on 12 June 2024.

This announcement is dated 12 June 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3455626

https://www.klsescreener.com/v2/stocks/view/7212/destini-berhad

===================
@Rose001
The price has gone up due to share consolidation.
Retailers bought and holding the shares at high prices incurred huge losses when their shareholdings are reduced by 10 times

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

=================
Expect directors to restart fund raising via shares issuance to PP, ESOS, RI, asset acquisition,...

FOR NEWBIES

SHARE CONSOLIDATION OF 30 SHARES INTO 1 CONSOLIDATED SHARES

On behalf of the Board of Directors of XOX, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake a proposed consolidation of every 30 existing ordinary shares in XOX (“XOX Shares”) held by the shareholders of the Company on an entitlement date to be determined and announced later, into 1 XOX Share (“Proposed Share Consolidation”). Further details of the Proposed Share Consolidation are set out in the attachment below.

This announcement is dated 5 June 2024.

https://www.klsescreener.com/v2/announcements/view/7105797

===============
On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 19 June 2024, approved the following:
(i) Proposed Share Consolidation;
(ii) listing and quotation of up to 185,691,271 Consolidated Shares (assuming all of the 77,971,406 outstanding ICPS and the 301,873,800 ESOS Options which may be granted and exercised pursuant to the maximum allowable amount under the ESOS are converted / exercised into new Shares prior to the implementation of the Proposed Share Consolidation); and
(iii) listing and quotation of up to 2,599,046 Consolidated ICPS (assuming none of the ICPS are exercised prior to the implementation of the Proposed Share Consolidation).

This announcement is dated 19 June 2024.

https://www.klsescreener.com/v2/announcements/view/7194263

==================
Retailers with shares bought at high prices will incur huge losses when their shareholdings is reduced by 30 times !!!

Crooks now fighting among themselves ?

FOR NEWBIES

Previous Corporate exercises

Announced EX Date Subject Ratio Offer
07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000
20 Oct 2017 01 Nov 2017 Rights Issue (warrant) 1 : 2 0.2500
20 Oct 2017 01 Nov 2017 Rights Issue 2 : 1 0.0500
28 Jun 2017 10 Jul 2017 Share Consolidation 4 : 1

https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad

Look at Capital Changes and Annual P/L in above link

=============
NOSH = 1,992,713,801
WC = 429,676,804
After latest share consolidation and fund raising via massive rights issue, NOSH approaching 2 BILLION shares !!

Multi year loss making company
10 years losses in a row !!! (2015 to current)

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

================
Don't be caught at high price !!!
Price might eventually dipped below 10sen again when directors unable to turn around the business losses

FOR NEWBIES

Announced EX Date Subject Ratio Offer
25 May 2022 09 Jun 2022 Rights Issue (warrant) 6.0000 : 1.0000 0.0600
05 May 2022 19 May 2022 Share Consolidation 1.0000 : 10.0000 View
04 Mar 2019 18 Mar 2019 Rights Issue (warrant) 2 : 1 0.0650 View
11 Dec 2018 21 Dec 2018 Share Consolidation 3 : 1 View

https://www.klsescreener.com/v2/stocks/view/0043/metronic-global-berhad

Look at Capital Changes and Annual P/L in above link

=================
Directors good in share consolidation and fund raising via shares issuance to PP, ESOS and RI

Multi year high NOSH loss making penny stock !!!

NOSH = 1,531,096,683
WB = 418,511,492

================
After share consolidation, NOSH increased to above 1.5 BILLION shares
NOSH will hit 2 BILLION shares as directors will continue fund raising via shares issuance to PP, ESOS, asset acquisition or RI

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

FOR NEWBIES

Be informed change of company name from

PRICEWORTH INTERNATIONAL BERHAD (PWORTH)

to

MAXLAND BERHAD (MAXLAND)

======================

Announced EX Date Subject Ratio Offer
07 Jun 2024 20 Jun 2024 Bonus Issue (warrant) 1.0000 : 2.0000 View
20 Aug 2021 03 Sep 2021 Share Consolidation 1.0000 : 10.0000 View
06 Jul 2018 18 Jul 2018 Rights Issue 2 : 1 0.0500 View
17 Mar 2011 30 Mar 2011 Rights Issue (warrant) 1 : 2 0.0500 View
25 Nov 2009 15 Dec 2009 Final Dividend 1 : 50 View

https://www.klsescreener.com/v2/stocks/view/7123/maxland-berhad

===============
After share consolidation of 1:10
NOSH = 1,603,629,673 approaching 2 BILLION shares again

Directors happy to raise more fund via shares issuance to PP, ESOS, RI

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

FOR NEWBIES

MQ TECH is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 7 June 2024.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

FOR NEWBIES

Announced EX Date Subject Ratio Offer
30 Aug 2023 14 Sep 2023 Share Consolidation 1.0000 : 10.0000 View
08 Dec 2020 21 Dec 2020 Rights Issue (warrant) 6.0000 : 1.000 0.1200 View
10 Nov 2020 23 Nov 2020 Share Consolidation 1.0000 : 10.0000 View
12 Jun 2018 25 Jun 2018 Bonus Issue (warrant) 1 : 2 View
19 Mar 2015 31 Mar 2015 Rights Issue (warrant) 2 : 1 View

https://www.klsescreener.com/v2/stocks/view/0152/dgb-asia-berhad

===============
Directors did 2 share consolidation within 3 years
Directors good in raising fund via massive shares issuance to PP, ESOS, RI

Multi year loss making company

Expect directors to continue to raise more fund via shares issuance to PP, ESOS, RI
NOSH will likely increase to BILLION shares in near future

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

=============
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3456378

On behalf of the Board, TA Securities wishes to announce that the Private Placement was completed on 14 June 2024 following the listing and quotation of 66,000,000 Placement Shares (being the 1st and final tranche of the Placement Shares) on the ACE Market of Bursa Securities on 14 June 2024.

This announcement is dated 14 June 2024.

FOR NEWBIES

Announced EX Date Subject Ratio Offer
09 Apr 2021 22 Apr 2021 Rights Issue (warrant) 6.0000 : 1.0000 0.0800
22 Mar 2021 02 Apr 2021 Share Consolidation 1.0000 : 10.0000
05 Nov 2018 16 Nov 2018 Rights Issue (warrant) 2 : 1 0.1000
18 Aug 2017 30 Aug 2017 Share Consolidation 3 : 1
31 May 2016 10 Jun 2016 Rights Issue (warrant) 2 : 1 0.1100
04 May 2016 17 May 2016 Share consolidate 4 : 1

https://www.klsescreener.com/v2/stocks/view/0133/sanichi-technology-bhd

Look at Annual P/L and Capital Changes in above link

Directors did 3 shares consolidation exercise and 3 fund raising rights issue since 2016 !!!
Retail shareholders incurred huge losses due to share consolidation

=============
Multi year loss making penny stock
After the last share consolidation, directors continue fund raising via shares issuance to PP, ESOS.

NOSH = 1,403,095,559 exceeded 1 BILLION shares again !!!

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

FOR NEWBIES

Announced EX Date Subject Ratio Offer
18 Jun 2024 01 Jul 2024 Rights Issue (warrant) 3.0000 : 1.000 0.1600
19 Mar 2024 02 Apr 2024 Share Consolidation 1.0000 : 20.0000

After recent shares consolidation, directors busy with fund raising again via rights issue squeezing more money from shareholders

https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd

Multi year loss making penny stock

If directors continue to raise massive funds via massive shares issuance to PP, ESOS or RI,
NOSH will hit BILLION shares again in near future

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 217,410,867 NEW ORDINARY SHARES IN MLABS ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 2 JULY 2024 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.16 PER RIGHTS SHARE, TOGETHER WITH UP TO 86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

Date for commencement of trading of rights 03 Jul 2024
Date for cessation of trading of rights 11 Jul 2024

Acceptance and Payment 18 Jul 2024 05:00 PM
Excess share application and payment 18 Jul 2024 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 25 Jul 2024

Available/Listing Date 01 Aug 2024

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3456960

=================
Take note of important dates for the rights issue
Directors raising fund again from shareholders via shares issuance to RI
Look out for more fund raising via shares issuance to PP, ESOS

https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd

FOR NEWBIES

NOSH = 731,581,371

https://www.klsescreener.com/v2/stocks/view/0170/kanger-international-berhad

Look at annual P/L and capital changes in above link

Announced EX Date Subject Ratio Offer
21 Jan 2022 08 Feb 2022 Share Consolidation 1.0000 : 10.0000
16 Aug 2021 27 Aug 2021 Rights Issue (warrant) 1.0000 : 1.0000 0.0600


After share consolidation, NOSH approaching 1 BILLION shares again

Multi year loss making penny stock
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

FOR NEWBIES

NOSH = 1,561,940,319 exceeding 1.5 BILLION shares due to directors massive fund raising via shares issuance to PP, ESOS and warrants

https://www.klsescreener.com/v2/stocks/view/5157/saudee-group-berhad

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

FOR NEWBIES

NOSH = 1,406,491,096
PA = 403,559,464
WB = 526,099,537

https://www.klsescreener.com/v2/stocks/view/0179/bioalpha-holdings-berhad

Look for capital changes in above link
==========
Take note of NOSH exceeding 1 BILLION shares due to directors massive fund raising via shares, warrant and PA issuance

Multi year loss making company

Waiting for high paying directors to announce shares consolidation and fund raising plans ???

FOR NEWBIES

Most recent share consolidation in 2021
Current NOSH = 1,230,414,715 (> BILLION shares)

Announced EX Date Subject Ratio Offer
16 Mar 2021 29 Mar 2021 Rights Issue (warrant) 1.0000 : 1.0000 0.1700
18 Jan 2021 02 Feb 2021 Share Consolidation 1.0000 : 4.0000
29 Mar 2019 10 Apr 2019 Rights Issue (warrant) 1 : 5 0.1500
29 Mar 2019 10 Apr 2019 Rights Issue 3 : 1 0.0500
09 Jan 2019 22 Jan 2019 Share Consolidation 2 : 1
28 Jul 2015 07 Aug 2015 Share consolidate 2 : 1
06 Dec 2011 16 Dec 2011 Rights Issue (warrant) 2 : 1

https://www.klsescreener.com/v2/stocks/view/0060/harvest-miracle-capital-berhad

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........


Retail investors trapped at high price incurred huge losses caused by share consolidation

BE CAREFUL !!!

https://www.klsescreener.com/detail.php?code=0072

https://theedgemalaysia.com/node/715448

BTM Resources chairman, independent director resign amid concerns over material transactions

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........


Retail investors trapped at high price incurred huge losses caused by share consolidation

BE CAREFUL !!!

why removed ?

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........


Retail investors trapped at high price incurred huge losses caused by share consolidation

BE CAREFUL !!!

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........


Retail investors trapped at high price incurred huge losses caused by share consolidation

BE CAREFUL !!!

What could be the reason i3investor admin deleted above posting?
Is it against any rules and regulations to post factual information?

FOR NEWBIES

MQ TECH is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 7 June 2024.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2024 in progress - MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Post removed. Why admin?

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These group of high NOSH loss making penny stocks are run by legalized scammers. Retail investors are the ones suffering huge losses by directors decision.

After share consolidation, directors can start fund raising again via shares issuance to PP, ESOS or RI to increase NOSH to multi billion shares. Then repeat the process by doing shares consolidation again.

Post removed.Why?

Which high NOSH penny stock is next in line?

Post removed.Why?

Which high NOSH penny stock is next in line?

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MACC should investigate these group of companies for any hanky panky causing huge losses to retail shareholders

MACC should investigate these penny stock companies for using shares issuance to raise massive fund and shares consolidation to trim the shares issued and then repeating the process to cause huge losses to retail shareholders.

Post removed.Why?

In the event all warrants are exercised and converted to shares, the NOSH will likely exceed 2.5 Billion shares together with new shares issued to PP, ESOS or RI.

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