whistlebower99

whistlebower99 | Joined since 2021-03-26

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Stock

2021-11-02 16:50 | Report Abuse

LIST OF THIRTY (30) LARGEST SHAREHOLDERS AS AT 25 MAY 2021

No. Name of Shareholders No. of Shares %

1. FIRSTBERRY SDN BHD 37,698,347 9.508

2. KUAH CHOON CHING 15,302,325 3.859

5. KANGER INTERNATIONAL BERHAD 10,797,100 2.723

7. UOB KAY HIAN NOMINEES (TEMPATAN) SDN BHD For Kuah Choon Ching 8,139,535 2.053

16. CHAI WOON CHET 2,600,000 0.656

=============================
Who buying, who selling ???

Stock

2021-11-02 15:13 |

Post removed.Why?

Stock

2021-11-02 15:05 | Report Abuse

WHO ARE HOLDING MOST OF THE RIGHTS ISSUE SHARES

RIGHTS SUBSCRIPTION STATISTICS:

Total valid acceptances 93,436,814 15.40
Total valid excess applications 306,812,737 50.57
Total valid acceptances and excess applications 400,249,551 65.97
Total Rights Shares available for subscription 606,704,826 100.00
Not subscribed for 206,455,275 34.03
-------------------------------------------------
Total valid acceptance very low at 15.40%
Excess application at a high of 50.57%, most likely subscribed by other penny stock companies and operators

Total amount raised = 400,249,551 X 0.14 = RM 56,034,937
---------------------------------------------------

Most of the shares are now held by specific parties that subscribed under excess application.
Most likely they will dispose at 14 or slightly below to effectively make the fund raised by PDZ rights issue coming from retailers who bought from them.
This way, they can release the money used in the excess application and move on to next target.

---------------------------------------------------

TAYOR

Stock

2021-11-02 14:48 |

Post removed.Why?

Stock

2021-11-02 14:28 | Report Abuse

Mr Quah sold around 21 on 18/10 and ceased as substantial shareholders
Price continue to fall slightly for next few days.
Then followed by rights issue price announcement on 28/10.
Since then, it has been dropping more and with higher volume.

Mr Quah timing is excellent !!!

Question now is whether Mr Quah will sell all his remaining shareholdings or will buy back more or whether there will emerge new substantial shareholders if there are parties collecting at cheaper prices.

When will the price stabilise and when will the price rebound ?

TAYOR and GOOD LUCK

Stock

2021-11-02 11:42 | Report Abuse

FOR NEW NEWBIES

Just be reminded
Total shares = 5,978,812,213
WB = 1,700,011,579

EPS is now negative, how high can it be ?

Seem to have lots of business opportunities and HOA/MOU, but it is safer to wait to see whether the next few quarterly results will produce profits.

Is it another MYEG in the making or BORNOIL in the making ?

Wait to see the quarterly result that is due to be announced by end of November.

====================================
TAYOR, set realistic target

Stock

2021-11-02 11:33 |

Post removed.Why?

Stock

2021-11-02 11:04 |

Post removed.Why?

Stock

2021-11-02 10:39 | Report Abuse

Profile for WARRANT C:

Issue Size in Unit 133,416,423

Issue Date 27 Oct 2021
Maturity Date 26 Oct 2024

Exercise/Conversion Period 3.00 Year(s)

Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) 0.1600

Stock

2021-11-02 10:13 | 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.

Stock

2021-11-02 10:00 |

Post removed.Why?

Stock

2021-11-01 16:02 | Report Abuse

PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY")

RIGHTS ISSUE WITH WARRANTS


Total valid acceptances 93,436,814 15.40
Total valid excess applications 306,812,737 50.57
Total valid acceptances and excess applications 400,249,551 65.97
Total Rights Shares available for subscription 606,704,826 100.00
Not subscribed for 206,455,275 34.03

https://www.klsescreener.com/v2/announcements/view/3445345

===============
Total valid acceptance very low at 15.40%
Excess application at a high of 50.57%, most likely by other penny stock companies and operators.

Possible scenario is the operators and applicants of excess shares will attempt to support the price, create news & excitement to sell their allocated shares to market to release their fund tied up in the subscription.

To the directors, the fund raising exercise is considered a success even though it is not 100%.

Trade wisely and don't be caught at high price.

Stock

2021-11-01 15:56 | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 31 Aug 2021

Profit/(loss) attributable to ordinary equity holders of the parent -1,767,000

https://www.klsescreener.com/v2/announcements/view/3449031

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

Another quarter of losses though lower amount.

=================================
TAYOR

Stock

2021-11-01 15:50 | Report Abuse

INTENTION TO DEAL BY DIRECTOR IN SECURITIES OF TA WIN HOLDINGS BERHAD ("TA WIN" OR "THE COMPANY") DURING CLOSED PERIOD

Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that Dato' Yeo Boon Leong, JP, Chairman, Non-Independent Non-Executive Director of Ta Win intends to deal in the securities of Ta Win during the closed period.


Type of warrants holdings Number of Warrants B in the Company Percentage

Direct Interest: 3,500,000 0.256

Indirect Interest:
Deemed interested by virtue of my interest via Triad Capital Sdn. Bhd. 34,656,532 2.538

Total 38,156,532 2.794

This announcement is dated 29 October 2021.

===================================
Will Dato continue to dispose more warrants ?

Look out for changes in shareholdings announcement.

Stock

2021-11-01 15:44 | Report Abuse

GENERAL MEETINGS: Notice of Meeting

https://www.klsescreener.com/v2/announcements/view/3449501


4. Ordinary Resolution 3

Description : To approve the payment of Directors' Fees amounting to RM500,000.00 for the period from the 25th AGM up to the 26th AGM of the Company

Shareholder’s Action For Voting

====================================================
Directors continued to be paid well even though company recorded another year of losses and investors losing money due to weakness of stock price.

Stock

2021-11-01 15:39 | Report Abuse

Annual Report & CG Report - 2021

https://www.klsescreener.com/v2/announcements/view/3449501

Another year of loss -40,364,000

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

Be informed fund raising via rights issue ;

““Ex- Right Issue” as from: 3 Nov 2021

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

Nothing exciting as current market price 0.07 is same as rights issue price unless it can move up after 3 Nov onward

Stock

2021-11-01 15:31 | Report Abuse

FUND RAISING
PRIVATE PLACEMENT
PNE PCB BERHAD

PNE PCB BERHAD ("PNE" OR THE "COMPANY") PRIVATE PLACEMENT

On behalf of the Board, Mercury Securities wishes to announce that the Board had on 26 October 2021 (“Price-fixing Date”) fixed the issue price for the placement of 33,357,000 Placement Shares, being the third and last tranche of the Private Placement, at RM0.0678 per Placement Share (“Issue Price”).

The Issue Price represents a discount of 19.95% to the 5-day VWAP of the Shares up to and including 25 October 2021 of RM0.0847, being the last market day immediately preceding the Price-fixing Date.

This announcement is dated 26 October 2021.
https://www.klsescreener.com/v2/announcements/view/3445813

Listing date 2 Nov 2021

=====================================
Share issuance to raise fund again.

Total issued shares = 560,548,900
WA = 34,455,100
WB = 118,051,442

PP price = 0.0678
Current market price = 0.085
Profit of about 25% for PP investor at current market price.
Happy PP investor and happy directors but not retail shareholders

Frequent share issuance will cause dilution of shareholder equity % and EPS (if any)

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

Stock

2021-11-01 10:50 |

Post removed.Why?

Stock

2021-10-30 15:29 | Report Abuse

Ada orang songlap company fund kah?

Stock

2021-10-29 21:33 | Report Abuse

Mother price 0.15 fell back to ex-right price of 0.155 of 30/9.
WB current price 0.11 could also follow to drop back to ex-right price of 0.045

Note that the exercise price for WB is 0.30 way out of money with only 15months to expiry.

TAYOR

Stock

2021-10-29 17:17 | Report Abuse

The announcement of rights issue price failed to boost the stock to close at 21 or higher makes the weekly chart not nice to see.

Perhaps Mr Kuah is a smart man who could read the market that most of us are not able to.

Just have to wait on for now and see how low can the price drop to.

Stock

2021-10-29 11:54 |

Post removed.Why?

Stock

2021-10-29 11:15 | Report Abuse

RIGHTS ISSUE PRICE = 0.12 per share

PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 909,204,618 NEW ORDINARY SHARES IN TECHFAST ("TECHFAST SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING TECHFAST SHARE HELD, TOGETHER WITH UP TO 454,602,309 FREE DETACHABLE WARRANTS IN TECHFAST ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED

On behalf of the Board, UOBKH wishes to announce that the Board had on 28 October 2021 ("Price-Fixing Date") resolved to fix the issue price of the Rights Shares at RM0.12 per Rights Share ("Issue Price") and the exercise price of the Warrants at RM0.15 per Warrant ("Exercise Price").

==================================
Directors looking forward to increase company fund by 909,204,618 X 0.12 = RM109,104,554 (maximum scenario)
Easy convenient way compared to generating profits from business operations.

Shareholders get ready to pump in more money to subscribe for rights issue and free warrants.

============================
Total issued shares will increase to about 1.3 BILLION shares
New warrant = 454,602,309 (max scenario)

=============================
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.


TAYOR

Stock

2021-10-29 10:42 | Report Abuse

FUND RAISING AGAIN !!!

Be informed of previous fund raising exercise
===================================
On 21/7/21, completed massive fund raising via rights issue with free warrants following shares consolidation of 10:1

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 991,989,752 Rights Shares and 578,660,588 Warrants A on the ACE Market of Bursa Securities today. This announcement is dated 21 July 2021.

Total amount raised = RM99,198,975

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

NEW PROPOSED PRIVATE PLACEMENT (up to 20% of the total number of issued shares)

https://www.klsescreener.com/v2/announcements/view/3446897

Size of placement
As at the LPD, the issued share capital of the Company is RM208,119,259 comprising
1,157,388,824 Shares.
As at the LPD, Pasukhas does not have any treasury shares. The Company has the following
convertible securities:
(i) 578,660,588 Warrants A; and
(ii) up to 298,279,000 ESOS Options which may be granted and exercised pursuant to the
maximum allowable amount under the ESOS.

--------------------------------------------------------------
On a minimum scenario, directors have the power to issue 231,477,700
On a maximum scenario, directors have the power to issue 406,865,600

---------------------------------------------------------------
On minimum scenario, total issued shares = 1,157,388,824 + 231,477,700 = 1,388,866,524
On maximum scenario, total issued shares = 1,157,388,824 + 406,865,600 = 1,564,254,424

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

Similar modus operandi of many penny stocks.
Frequent shares issuance to PP or ESOS to raise fund
Diluting shareholders equity % and reducing EPS if any
Increasing NOSH or total issued shares to multi-billion

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

Monitor financial results for next few quarters
Monitor directors intention to issue more shares to raise fund via ESOS, PP or for asset acquisition
Monitor how directors utilise company funds and it could benefit company and shareholders

=======================================
TAYOR

Stock

2021-10-28 17:01 | Report Abuse

Hard to digest. So much good news and yet there are so much transacted at 4.5


0.055 959,300 60,627,900 61,587,200
0.050 73,408,200 5,846,300 79,254,500
0.045 173,205,500 144,643,700 317,849,200
0.040 282,400 0 282,400

Stock

2021-10-28 16:58 | Report Abuse

Weekly chart still not nice to see.

One more day to change the outlook of this week's candlestick, hopefully to close the week at 21.

Stock

2021-10-28 16:27 | Report Abuse

Operators will release their shares at or below rights issue price (14sen cushioned by free warrants) to newcomers.

Effectively, the operators want the fund raised from the rights issue to come from retailers pocket and they will use their money pool for other subscription exercise.

TAYOR

Stock

2021-10-28 16:26 | Report Abuse

Pump down pump up to entice and catch those who can't resist the temptation of FOMO

Stock

2021-10-28 15:55 | Report Abuse

Keep sharing good news among yourself to console yourself OLDBIES but please don't mislead NEWBIES into this stock with more than 5 billions shares which might eventually be consolidated down by at least 10 times.

Stock

2021-10-28 15:47 | Report Abuse

No UMA Issued !!!

20/10 7.5
26/10 10.5 (after 4 days of uptrend)
27/10 8 (after intra-day high of 11 and with much higher volume)
28/10 7.5 (3.45pm)

Those caught at 10.5 incurring about 30% losses at current price of 7.5

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

No UMA Issued !!!

Bursa surveillance system not able to filter this type of price manipulation?

Very sad day for those caught by price manipulators.

Stock

2021-10-28 14:23 | Report Abuse

Be informed that private placement could be misused by certain parties to gain control of a company at a lower price which is normally 'fixed' by directors.
Shares issued to PP investors cause dilution to shareholding of existing shareholders. Substantial shareholders can ceased to be one due to increase in total issued shares.
More shares in the market could also affect the stock price appreciation as a result of reduction in EPS unless the company can generate higher profits to commensurate with the additional shares issued to PP investors.

Stock
Stock

2021-10-27 17:11 | Report Abuse

Goreng pisang stock active for few days not noticed by Bursa surveillance team ?

Why no issue UMA on cheap price penny stocks price surge?

Stock

2021-10-27 16:53 | Report Abuse

QUARTERLY REPORT is out

https://www.klsescreener.com/v2/announcements/view/3445625

Profit/(loss) attributable to ordinary equity holders of the parent -3,171,000

Another quarter of loss, 8 consecutive quarters. When will it turn around?
Total cash as at 31/5/21 = 4.29 mil
Debt = 35.84 mil

Total issued shares = 2,892,717,361
WB = 275,453,358

=============================
TAYOR

Stock

2021-10-27 16:47 | Report Abuse

FREQUENT SHARE ISSUANCE IS DETRIMENTAL TO RETAIL SHAREHOLDERS

EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

AT SYSTEMATIZATION BERHAD ("AT" OR "THE COMPANY") - OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME ("ESOS")

(a) Date of offer: 26 October 2021

(b) Exercise price of options offered: RM0.0525 each

(c) Number of options offered: 300,005,500

(d) Market price of AT’s shares on the date of the offer: RM0.055

This announcement is dated 26 October 2021.

https://www.klsescreener.com/v2/announcements/view/3445821

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

Amount Raised = RM 15,750,288
PP price = 0.0525
Current market price = 0.055

Profit of about 5% for ESOS takers at current market price.
Happy ESOS takers and happy directors but not retail shareholders

Frequent share issuance will cause dilution of shareholder equity % and EPS (if any)

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

Total issued shares = 5,083,125,399
WC = 439,053,650

===================================
Be reminded of the huge issued shares

TAYOR

Stock

2021-10-27 15:58 | Report Abuse

It has been dropping from 60 since March.

Maybe high time to u-turn. Maybe Mr Kuah accumulating and buying back quietly using another account.

Good news for you guys. Hope the paid flag-man will not flag me this time.

But in actual fact, weekly chart still not nice to see.

Be positive, still got 2 days to turn the chart positive. Happy trading.

Stock

2021-10-27 15:40 | Report Abuse

You again fitnah. Can you show the comment that I said it is not good for Mr Kuah to dispose?

Stock

2021-10-27 15:31 | Report Abuse

Don't fitnah like some cheapskate politicians. Why do admin wants to ban me when facts provided are from Bursa company announcement ?

Stock

2021-10-27 15:24 | Report Abuse

FREQUENT FUND RAISING VIA SHARE ISSUANCE TO ESOS OR PP

OFFER OF OPTIONS UNDER EMPLOYEES' SHARE OPTION SCHEME ("ESOS")
FINTEC GLOBAL BERHAD

(a) Date of offer : 26 October 2021
(b) Exercise price of options offered : RM0.0175
(c) Number of options offered : 200,000,000
(d) Market price of FINTEC’s shares on the date of the offer : RM0.02 each

This announcement is dated 26 October 2021.
https://www.klsescreener.com/v2/announcements/view/3446067


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

ESOS shares will profit at least 14% if sold at min price of 2sen. Quite attractive !!!

========================================
Total issued shares = 5,230,797,474
WA = 170,092,838
WB = 116,443,428
WC= 1,146,126,828

If all warrants are fully converted, total issued shares will 6.5 BILLION shares

CASH Rich with more than 100 mil. But how do shareholders benefit from it when directors chose not to pay dividend?

If company fund runs low and no more viable to issue more shares to raise fund, then there is possibility for directors to propose shares consolidation followed by rights issue with free warrant to get shareholders to pay for the fund raising exercise.

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

TAYOR

Stock

2021-10-27 14:11 | Report Abuse

Why Mr Kuah chose to sell than to subscribe for the rights share at lower price?

He still has balance of 8 mii shares after selling 15mil. Will he dispose all ?

No where to check now as he is no more a substantial shareholder.

Stock

2021-10-27 12:04 | Report Abuse

Looks like the former substantial shareholder knows something that we do not know.

Stock

2021-10-27 11:46 | Report Abuse

Those who are patient enough, might be able to buy at 4 or 3.5.

Likely the price will stabilise probably until the next financial reporting quarter.
Or maybe wait for director (MSW) to make more announcements on MOUs, contract awards from other penny stock companies, etc

But the best indicator is the financial results for next few quarters.

Meanwhile, shareholders should monitor how the directors use the company fund and whether the directors intend to issue more shares to ESOS, PP or assets acquisition.

Excessive Share issuance for above fund raising exercises will dilute shareholding percentage and EPS while the total issued shares might increase to multi-billion again before the recently completed shares consolidation.


TAYOR, set realistic target.

Stock

2021-10-27 10:19 | Report Abuse

WHY IS MR KUAH SELLING DOWN AT THIS PRICE ?

TECHFAST - acquisition of 175,000 ordinary shares in CCK Petroleum Sdn Bhd ("CCKSB") ("Sale Share(s)"), representing 35.0% equity interest in CCKSB from Kuah Choon Ching ("Vendor") for a purchase consideration of RM26,250,000 ("Purchase Consideration") to be satisfied via a combination of RM16,170,000 in cash ("Cash Consideration") and RM10,080,000 via the issuance of 23,441,860 new Techfast Shares at an issue price of RM0.43 per Techfast Share ("Consideration Share(s)") ("Proposed Acquisition");

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

Notice of Person Ceasing (Section 139 of CA 2016)
FAST ENERGY HOLDINGS BERHAD
Particulars of Substantial Securities Holder
Name MR KUAH CHOON CHING
Date of cessation 18 Oct 2021
No of securities disposed 15,302,325
Circumstances by reason of which a person ceases to be a substantial shareholder
Ceased to be substantial shareholder due to disposal of 15,302,325 ordinary shares via open market transaction.
Nature of interest Direct Interest
Date of notice 25 Oct 2021
Date notice received by Listed Issuer 25 Oct 2021

=======================================
23,441,860 new Techfast Shares at an issue price of RM0.43 per Techfast Share

15,302,325 shares sold at 0.22 on 18/10/21

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

WHY IS MR KUAH SELLING DOWN AT THIS PRICE ?

Stock

2021-10-27 09:59 | Report Abuse

GENERAL MEETINGS: Notice of Meeting
VORTEX CONSOLIDATED BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
VORTEX CONSOLIDATED BERHAD ("Company" or "VORTEX") - Extraordinary General Meeting ("EGM")
Date of Meeting 03 Nov 2021
Time 09:30 AM

1. ORDINARY RESOLUTION
Description
PROPOSED PRIVATE PLACEMENT OF UP TO 388,463,200 NEW ORDINARY SHARES IN VORTEX ("VORTEX SHARES") ("PLACEMENT SHARES"), REPRESENTING UP TO 40% OF VORTEX SHARES IN ISSUE (EXCLUDING TREASURY SHARES, IF ANY).
Shareholder’s Action For Voting

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

1. FUND RAISING EXERCISE AGAIN

Circular to shareholders in relation to the proposed private placement of up to 388,463,200 new ordinary shares in Vortex Consolidated Berhad ("Vortex") ("Vortex Shares") ("Placement Shares"), representing up to 40% of Vortex Shares in issue (excluding treasury shares, if any) ("Proposed 40% Private Placement")

https://www.klsescreener.com/v2/announcements/view/3439621

Date Announced 13 Oct 2021


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

2. CONVERSION OF WARRANTS AT 0.17 PER SHARE !!!


Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants-C
No. of shares issued under this corporate proposal 60,704,100
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1700
Latest issued share capital after the above corporate proposal in the following Units 726,008,852
Issued Share Capital ($$) Malaysian Ringgit (MYR) 230,703,562.570
Listing Date 21 Oct 2021

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

Directors intention to issue 40% of new shares will dilute substantial shareholders percentage.
Fund raising by issuing 40% new shares is massive !!!


60,704,100 shares converted from warrants represent 8.36% of shareholdings. Will there be a new substantial shareholder?

Will the warrant converter support or oppose the proposed fund raising during the EGM???

============================================
TAYOR

Stock

2021-10-27 09:18 | Report Abuse

1. FUND RAISING EXERCISE AGAIN

Circular to shareholders in relation to the proposed private placement of up to 388,463,200 new ordinary shares in Vortex Consolidated Berhad ("Vortex") ("Vortex Shares") ("Placement Shares"), representing up to 40% of Vortex Shares in issue (excluding treasury shares, if any) ("Proposed 40% Private Placement")

https://www.klsescreener.com/v2/announcements/view/3439621

Date Announced 13 Oct 2021

=================================================
Fund raising by adding 40% new shares to the market is massive exercise.

Directors have immense power to reduce shareholders equity % and substantial shareholders might ceased to be substantial shareholders due to the additional shares issued.

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

TAYOR

Stock

2021-10-26 17:55 | Report Abuse

Expect some announcements of MOUs, potential business opportunities, etc to attract newcomers to the stock.
Operators will try to release their rights shares and free warrants to the market to free up their money used for subscription of the rights shares.

TAYOR

Stock

2021-10-26 16:40 | Report Abuse

SHAREHOLDINGS OF MR KUAH BEFORE AND AFTER DISPOSAL

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
TECHFAST HOLDINGS BERHAD
Particulars of Substantial Securities Holder
Name MR KUAH CHOON CHING
Date interest acquired 23 Mar 2021
No of securities 23,441,860
Circumstances by reason of which Securities Holder has interest Issuance of 23,441,860 ordinary shares for partial purchase consideration for the acquisition of 175,000 ordinary shares in CCK Petroleum Sdn Bhd
Total no of securities after change
Direct (units) 23,441,860
Direct (%) 6.704
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Date of notice 26 Mar 2021

=====================================
Notice of Person Ceasing (Section 139 of CA 2016)
FAST ENERGY HOLDINGS BERHAD
Particulars of Substantial Securities Holder
Name MR KUAH CHOON CHING
Date of cessation 18 Oct 2021
No of securities disposed 15,302,325
Circumstances by reason of which a person ceases to be a substantial shareholder
Ceased to be substantial shareholder due to disposal of 15,302,325 ordinary shares via open market transaction.
Nature of interest Direct Interest

Date of notice 25 Oct 2021
Date notice received by Listed Issuer 25 Oct 2021

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

Mr Kuah sold down FAST shares meaning he is not interested in the rights issue shares?

Stock

2021-10-26 16:23 | Report Abuse

DIRECTOR SELLING BONUS WARRANTS AND BUYING ADDITIONAL SHARES

Changes in Director's Interest (Section 219 of CA 2016)
TA WIN HOLDINGS BERHAD

Name DATO' YEO BOON LEONG, JP
Disposal of Warrants B.
Total no of securities after change
Direct (units) 3,500,000
Direct (%) 0.256
Indirect/deemed interest (units) 34,656,532
Indirect/deemed interest (%) 2.538
Date of notice 25/10/2021

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

Changes in Director's Interest (Section 219 of CA 2016)
TA WIN HOLDINGS BERHAD

Name DATO' YEO BOON LEONG, JP
Purchase of Shares.
Total no of securities after change
Direct (units) 174,200,000
Direct (%) 5.103
Indirect/deemed interest (units) 242,641,331
Indirect/deemed interest (%) 7.108
Date of notice 25/10/2021

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

DIRECTOR SELLING BONUS WARRANTS AND BUYING ADDITIONAL SHARES.

Warrant B
Maturity 2024-08-19
Strike value 0.1350

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

TAYOR

Stock

2021-10-26 15:34 | Report Abuse

1. FUND RAISING EXERCISE AGAIN

Circular to shareholders in relation to the proposed private placement of up to 388,463,200 new ordinary shares in Vortex Consolidated Berhad ("Vortex") ("Vortex Shares") ("Placement Shares"), representing up to 40% of Vortex Shares in issue (excluding treasury shares, if any) ("Proposed 40% Private Placement")

https://www.klsescreener.com/v2/announcements/view/3439621

Date Announced 13 Oct 2021


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

2. CONVERSION OF WARRANTS AT 0.17 PER SHARE !!!


Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants-C
No. of shares issued under this corporate proposal 60,704,100
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1700
Latest issued share capital after the above corporate proposal in the following Units 726,008,852
Issued Share Capital ($$) Malaysian Ringgit (MYR) 230,703,562.570
Listing Date 21 Oct 2021

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

Directors intention to issue 40% of new shares will dilute substantial shareholders percentage.
40% is massive !!!

Tug of war going on between directors and substantial shareholders ???

Or exercising warrants to approve the proposal ???

Stock

2021-10-26 15:15 | Report Abuse

Those who are patient enough, might be able to buy at 4 or 3.5.

Likely the price will stabilise for a while. Maybe need to wait for director (MSW) to make more announcements on MOUs, contract awards from other penny stock companies, etc

But the best indicator is the financial results for next few quarters.

Meanwhile, shareholders should monitor how the directors use the company fund and whether the directors intend to issue more shares to ESOS, PP or assets acquisition.

Excessive Share issuance for above fund raising exercises will dilute shareholding percentage and EPS while the total issued shares might increase to multi-billion again.


TAYOR, set realistic target.