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2021-11-12 15:24 | Report Abuse
MZM, congrats you avoided the massive drop.
Now can buy back at 12.
Ex-price will likely be higher than 12
2021-11-12 15:00 | Report Abuse
Another warrant conversion at 17
Mystery !!!
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants-C
No. of shares issued under this corporate proposal 6,117,200
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1700
Latest issued share capital after the above corporate proposal in the following Units 732,126,052
Listing Date 12 Nov 2021
Total issued shares = 732,126,052
WB = 18,430,501
WC = 199,300,572
================================
Keep guessing why and who is converting warrant at 17 when market price is 7
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2021-11-12 14:47 | Report Abuse
It is ok to hold some paper losses. That's stock market.
Only fear is for directors to make announcement on fund raising via shares consolidation & rights issue, in near future if they are not able to generate reasonable profits from the company fund utilised in the various projects.
2021-11-12 12:05 | Report Abuse
FUND RAISING CONTINUES WITH SHARES ISSUANCE
COMPUGATES HOLDINGS BERHAD ("CHB" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT
On behalf of the Board of Directors of CHB ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a proposed private placement of up to 20% of the total number of issued shares of CHB to third party investor(s) to be identified later at an issue price to be determined and announced later ("Proposed Private Placement").
For the avoidance of doubt, the Proposed Private Placement is not undertaken in accordance with the general mandate pursuant to Section 75 and 76 of the Companies Act, 2016 but that the Proposed Private Placement is subject to, amongst others, the specific approval to be approved by the shareholders of CHB in an Extraordinary General Meeting of CHB to be convened.
Further details of the Proposed Private Placement are set out in the attachment enclosed.
This announcement is dated 11 November 2021.
https://www.klsescreener.com/v2/announcements/view/3454809
Total issued shares = 3,819,701,863
Will increase to above 4.5 BILLION shares
============================
TAYOR
2021-11-11 15:30 | Report Abuse
Sell above 7, buy a few OR to subscribe for the excess rights shares at 7,
2021-11-11 12:41 | Report Abuse
Too cash rich might not be good for shareholders unless there are dividend payments or other rewards,
Many directors will become spendthrift using company fund instead of focusing on current business to generate more profits to benefit shareholders.
2021-11-11 10:13 | Report Abuse
More like goreng pisang for 1 day
Total issued shares = 4,035,865,775
WB = 231,832,876
WC = 1,412,612,765
Heavy stock with heavy babies
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Trade wisely, set realistic target, don't trap at high price
2021-11-10 12:30 | Report Abuse
Posted by davidts95 > Nov 3, 2021 1:00 PM | Report Abuse
https://klse.i3investor.com/blogs/newwayinvest/2021-11-03-story-h1593658713.jsp
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20 was cheap.
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Worse case happening to ARBB, sliding down after announcement of proposal of rights issue.
More investors are not keen on company with directors who are greedy in raising fund by frequent or massive shares issuance
After completion of rights issue exercise, price normally dropped below rights issue price.
Some recent examples....kanger, pdz, lambo, pasukgb
===============================
TAYOR
2021-11-09 16:33 | Report Abuse
Saudee positive ?
Paskgb, AT, Gocean, Aim all positive ?
All positive with common director MSW
Survive by fund raising to boost company fund via share issuance to ESOS, PP, Rights Issue
2021-11-09 15:33 | Report Abuse
Profitable company but directors too greedy for more fund raising at expense of shareholders hard earned money.
Why profitable but not paying dividend? Instead squeezing shareholders for more money?
If follow FAST Energy price pattern, price will come close to 12 soon
2021-11-09 15:27 | Report Abuse
Collection time & Private placement price fixing time
Not yet pumping time
2021-11-09 12:50 | Report Abuse
Continue to drop for already 10 weeks after the bonus issue of 2 for 1
How many more weeks before price can stabilise and how low can it be ?
2021-11-09 12:32 | Report Abuse
Directors are responsible to ensure success of rights issue exercise to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue shares.
2021-11-09 12:31 | Report Abuse
Directors are responsible to ensure success of rights issue exercise to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue shares.
2021-11-09 12:31 | Report Abuse
Directors are responsible to ensure success of rights issue exercise to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue shares.
2021-11-09 12:23 | Report Abuse
PROPOSED ACQUISITION BY TA WIN INNOTECH SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TA WIN, OF A PIECE OF LEASEHOLD INDUSTRIAL LAND TOGETHER WITH A SINGLE STOREY DETACHED WAREHOUSE ERECTED THEREON FROM BRB PROPERTIES SDN BHD
This announcement is dated 8 November 2021.
=======================================
Total cash consideration of RM35.0 million
Tenure : 99 years leasehold interest, expiring on 24
February 2097 (An unexpired term of 76 years
Approximate age of the building : The Factory is currently under construction
Market value : RM33,500,000 (The Land and Factory are valued based on the basis that the construction of the Factory is completed with the issuance of Certificate of Completion and Compliance in May 2022)
Estimated completion date May 2022
Source of Funding
The Cash Consideration will be funded via of a combination of:
(i) internally generated funds;
(ii) bank borrowings; and/or
(iii) proceeds from the private placement exercise undertaken by the Ta Win, details of which are set out in the announcement made by the Company on 1 September 2021 (“Placement”).
https://www.klsescreener.com/v2/announcements/view/3452685
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Decrease in company fund if business continues to be under-performing for next quarters
Increase in bank borrowing
More fund raising from shares issuance for Private placement
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TAYOR
2021-11-09 11:59 | Report Abuse
NETX increase Investment in MLAB
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of substantial Securities Holder
Name NETX HOLDINGS BERHAD
1 05 Nov 2021 15,839,200
Name of registered holder FIRST UNITED TECHNOLOGY LTD
Circumstances by reason of which change has occurred Acquired of shares by First United Technology Ltd from open market
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 187,630,250
Indirect/deemed interest (%) 12.95
Total no of securities after change 187,630,250
Date of notice 08 Nov 2021
https://www.klsescreener.com/v2/announcements/view/3452947
====================================
Directors of penny stock using company fund raised from share issuance to invest in other penny stock
2021-11-09 11:59 | Report Abuse
NETX increase Investment in MLAB
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of substantial Securities Holder
Name NETX HOLDINGS BERHAD
1 05 Nov 2021 15,839,200
Name of registered holder FIRST UNITED TECHNOLOGY LTD
Circumstances by reason of which change has occurred Acquired of shares by First United Technology Ltd from open market
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 187,630,250
Indirect/deemed interest (%) 12.95
Total no of securities after change 187,630,250
Date of notice 08 Nov 2021
https://www.klsescreener.com/v2/announcements/view/3452947
====================================
Directors of penny stock using company fund raised from share issuance to invest in other penny stock
2021-11-08 23:23 | Report Abuse
Chai woon yun, chai woon chet aka eddie chai all in the family
2021-11-08 16:04 | Report Abuse
EASY and FAST FUND RAISING
Types of corporate proposal Private Placement
Details of corporate proposal Private Placement of up to 143,217,500 new ordinary shares in SAUDEE
No. of shares issued under this corporate proposal 69,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0666
Latest issued share capital after the above corporate proposal in the following Units 785,354,819
Issued Share Capital ($$) Malaysian Ringgit (MYR) 150,848,816.310
Listing Date 09 Nov 2021
=================================
Total issued shares = 785,354,819 gonna hit 1 billion soon with more share issuance
WB = 233,790,060
==================================
More dilution of shareholder equity % and EPS if any
==================================
TAYOR
2021-11-08 15:56 | Report Abuse
FREQUENT FUND RAISING VIA SHARE ISSUANCE TO ESOS
Details of corporate proposal Exercise of ESOS
No. of shares issued under this corporate proposal 100,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0525
Latest issued share capital after the above corporate proposal in the following Units 5,183,125,399
Listing Date 09 Nov 2021
===================================
NOSH exceeded 5 BILLION shares
WC = 439,053,650
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More and more dilution of shareholder equity % and EPS if any.
TAYOR
2021-11-08 15:52 | Report Abuse
EASY FUND RAISING
Convenient, fast and no stress. Issue shares for Private placement
DOLPHIN INTERNATIONAL BERHAD ("DIB" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 335,669,500 NEW ORDINARY SHARES IN DIB ("PRIVATE PLACEMENT")
On behalf of the Board, Malacca Securities is pleased to announce that the Board has resolved to fix the issue price for the Private Placement at RM0.0767 per Placement Share.
The issue price of RM0.0767 per Placement Share represents a discount of RM0.0085 or approximately 9.98% to the five (5)-day volume weighted average market price of Dolphin Shares for the last five (5) market days up to and including 5 November 2021 of RM0.0852 per Dolphin Share.
This announcement is dated 8 November 2021.
======================================
Company directors collect money from PP investors who in turn can profit about 10% if sold based on current market price.
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Total issued shares increase to = 935,748,431 + 335,669,500
2021-11-08 15:40 | Report Abuse
Company fund can be increased by :
1. profits from business operations
2. sales of assets that are no more useful for business operations
3. share issuance to ESOS, PP, Rights Issue
Investors are avoiding companies that have directors who are only good in option 3 which is most convenient and fast at the expense of shareholders.
Investors expect cash-rich companies to reward shareholders not extract more money from shareholders.
2021-11-08 13:42 | Report Abuse
Depends on whether trapped high or many months ago from 60 to now below 20 with losses of 30 - 70%.
Company is good but people or shadow running the company could cause confidence and trust issue to shareholders.
2021-11-08 11:52 | Report Abuse
MORE SHARE ISSUANCE TO ESOS TO RAISE MORE FUND
And increase company NOSH (number of issued shares in market)
PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME ("ESOS" OR "SCHEME") INVOLVING UP TO 15% OF TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES ("PROPOSED ESOS")
On behalf of the Board of Directors of the Company, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the establishment of an employees' share option scheme involving up to 15% of the total number of issued shares of the Company (excluding treasury shares, if any) for eligible directors and employees of the Company and its subsidiaries.
Please refer to the attachment for further details on the above.
This announcement is dated 3 November 2021.
=======================================
Total issued shares = 2,570,121,020
WD = 1,101,479,634
15% means minimum of 385,518,153 shares if WD is not converted. Total issued shares will be close to 3 billion
And exceed 3 billion shares if WD is fully converted
Excessive share issuance via ESO, PP, Rights Issue or asset acquisition will enlarge company NOSH resulting in dilution of shareholders equity % and EPS if any.
Monitor frequency of share issuance and how company funds raised from share issuance are utilised by directors.
======================================
TAYOR
2021-11-08 10:20 | Report Abuse
BONUS ISSUE OF UP TO 255,241,500 NEW ORDINARY SHARES IN CHEETAH HOLDINGS BERHAD ("CHEETAH SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 2 BONUS SHARES FOR EVERY 1 EXISTING SHARE HELD AT 5.00 P.M. ON 7 SEPTEMBER 2021 ("BONUS ENTITLEMENT DATE") ("BONUS ISSUE OF SHARES")
==========================
News of bonus pushed the price up to 2.03 and ex-bonus price 0.68
Since ex-bonus date, it has been declining to catch newcomers
Just remember not many things are free.
2021-11-05 22:17 | Report Abuse
Azhari1082, read this announcement.
https://www.klsescreener.com/v2/announcements/view/3447921
2021-11-05 17:46 | Report Abuse
ARB drops almost 25% on proposed rights issue of new shares.
Directors resorting to fast and easy way to raise company fund instead of focusing on generating more profits from businesses.
2021-11-05 17:40 | Report Abuse
Extracted from The Edge Market.
ARB drops almost 30% on proposed rights issue of new shares
November 5, 2021 by Izzul Ikram
KUALA LUMPUR (Nov 5):ARB Bhd’s share price fell by almost 30% on Friday (Nov 5) after the IT software and platform provider announced on Wednesday its proposed rights issue to raise money to finance the company’s business expansion.
===================
So many companies directors looking for fast and easy ways to raise fund to prop up company fund by asking shareholders to dig their pockets to contribute.
Many Shareholders getting smarter not to pump in more money as seen in many other stocks resulting in under subscription of rights issue shares.
Examples are Kanger, Lambo, Pasukgb, Pdz, etc.
TAYOR
2021-11-05 16:37 | Report Abuse
OR TRADING DATE
Date for commencement of trading of rights 08 Nov 2021
Date for cessation of trading of rights 15 Nov 2021
==============================================
Going to be another lukewarm response to the OR like that of LAMBO, KANGER, PDZ
meaning could be quoted at 0.005 seller quote unless the stock price can be supported at 8 or higher.
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Remember 8 Nov, Monday
2021-11-05 15:20 | Report Abuse
Directors are responsible to ensure success of rights issue to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue.
Rights issue price 0.06 with free warrant
Current stock price 0,04 and warrant 0.01
Amount raised = 1,700,011,579 X 0.06
To be paid to Aset Kayamas within 4 years, for the purchase of 126 units of service apartments at Antara@Genting.
The winners and the losers are obvious.
2021-11-05 12:26 | Report Abuse
Might take quite a while for subscribers of excess rights shares to release more of their shares to market to release money used in the subscription and move on to next target.
Company directors easily and happily added 400,249,551 X 0.14 = RM56 million to company fund.
Excess rights subscribers make some profit disposing their rights shares and free warrants to market at around these prices.
Long term holders will have to wait for next price appreciation depending on results of next few financial quarters.
Meanwhile, continue to monitor how directors utilise the company fund for benefits of shareholders.
Monitor whether directors will propose more fund raising via share issuance to ESOS, PP or asset acquisition.
Excessive shares issuance will dilute shareholdings equity % and reduce EPS , if any, while increasing the total issued shares in the market.
Total issued shares = 501,367,022
WB = 101,935,626
WC = 133,416,423
==========================================
TAYOR
2021-11-03 15:50 | Report Abuse
Expect more fund raising via share issuance to Private Placement Investors
=============================================================
On behalf of the Board of Directors of KAG ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake the following:-
i. a private placement of up to 20% of the total number of issued shares of KAG ("KAG Share(s)" or "Share(s)") (excluding treasury shares) to third party investor(s) to be identified later ("Proposed Private Placement"). For avoidance of doubt, the Proposed Private Placement is not undertaken in accordance with a general mandate pursuant to Sections 75 and 76 of the Companies Act 2016 ("Act"). As such, the Proposed Private Placement is subject to specific shareholder approval pursuant to Rule 6.06 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") ("Listing Requirements"); and
ii. an acquisition of 450,000 ordinary shares in Tree Med Sdn Bhd ("Tree Med") ("Sale Share(s)"), representing 30% equity interest in Tree Med, from Khairul Anuar Bin Danial and Raja Mazyah Binti Raja Aminuddin (collectively, the "Vendors") for a purchase consideration of RM14,000,000 ("Purchase Consideration") to be satisfied via a combination of RM4,000,000 in cash ("Cash Consideration") and RM10,000,000 via the issuance of 200,000,000 new KAG Shares at an issue price of RM0.05 per KAG Share ("Consideration Share(s)") ("Proposed Acquisition");
Further details of the Proposals are set out in the attachment enclosed.
This announcement is dated 11 March 2021.
=======================================
On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, vide its letter dated 28 April 2021, approved the listing and quotation of:-
i. up to 789,172,978 new KAG Shares to be issued pursuant to the Proposed Private Placement; and
ii. 200,000,000 new KAG Shares to be issued pursuant to the Proposed Acquisition.
=========================================
On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, vide its letter dated 26 October 2021, resolved to approve KAG an extension of time of 6 months from 28 October 2021 until 27 April 2022 to complete the Proposed Private Placement.
This announcement is dated 27 October 2021.
=========================================
Completion date for private placement exercise extended to 27 April 2022
2021-11-03 15:27 | Report Abuse
以目前的价位来看, 20 仙以下都非常划算,股价可以随时反映到 30 仙——投资回报率为 50%。 但是,我只是以为分享者, 希望大家在做出任何决定之前,请先进行自己的研究!
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Those who picked up would have paper losses of at least 20%
2021-11-03 15:25 | Report Abuse
17 of last 18 quarters reported losses
Need to monitor the performance for next few quarters as well as how directors utilise company fund derived from rights issue exercise
2021-11-03 15:20 | Report Abuse
Low NOSH of 501,367,022 make it easier for operator to goreng.
Just be careful not to be caught at high price as operator would try to unload their excess rights shares to market.
Company directors already collected the fund from rights issue and if operator manage to release their money tied up in excess rights shares, objective met.
In near future, there will likely be dilution to shareholdings equity % due to fund raising via share issuance to ESOS and PP.
TAYOR
2021-11-03 11:40 | Report Abuse
MONTHLY ANNOUNCEMENT ON THE STATUS OF PLAN TO REGULARISE THE FINANCIAL CONDITION OF THE COMPANY PURSUANT TO PARAGRAPH 8.03A OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS ("MMLR")
In compliance with the Company's obligations under the MMLR, the Board of Directors of Anzo wishes to inform that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 11 October 2021, granted the Company an extension of time of 6 months up to 10 April 2022 to submit its regularisation plan to Bursa Securities.
The Company has approximately 5 months to submit its regularization plan to the relevant authorities for approval and will make further announcements in relation to any latest development in accordance with the requirements under Paragraph 8.03A of the MMLR.
This announcement is dated 1 November 2021.
======================
Be informed of progress of the regularization plan.
2021-11-03 11:33 | Report Abuse
COMPLETION OF SHARES CONSOLIDATION AND RIGHTS ISSUE WITH WARRANTS
1. CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 11 AUGUST 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 797,746,170 NEW ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.14 PER RIGHTS SHARE TOGETHER WITH UP TO 265,915,390 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 1 OCTOBER 2021
====================================
On behalf of the Board, Mercury Securities wishes to announce that the Rights Issue with Warrants has been completed following the listing and quotation of 400,249,551 Rights Shares, 133,416,423 Warrants C and 70,095,402 additional Warrants B on the Main Market of Bursa Securities today.
This announcement is dated 2 November 2021.
======================================
Amount Raised = 400,249,551 X 0.14
Total issued shares = 501,367,022
WB = 101,935,626
WC = 133,416,423
======================================
Based on the low NOSH after the corporate exercises, directors still has options to issue more shares to ESOS and PP to raise more fund in near future.
=====================================
TAYOR
Stock: [MAGMA]: MAGMA GROUP BERHAD
2021-11-12 15:41 | Report Abuse
FUND RAISING VIA SHARE ISSUANCE TO PRIVATE PLACEMENT
Types of corporate proposal Private Placement
Details of corporate proposal IMPIANA HOTELS BERHAD ("IMPIANA" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE SHARE CAPITAL OF IMPIANA ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal 11,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0700
Latest issued share capital after the above corporate proposal in the following Units 1,394,339,082
Listing Date 15 Nov 2021
====================================
PRIVATE PLACEMENT OF UP TO 20% OF THE SHARE CAPITAL OF IMPIANA
Expect more shares issuance up to 20 %
Total issued shares 1,394,339,082 will increase further
=================================
TAYOR