In the event the properties are put on public auction by AmBank, the sell consideration will be
able to settle majority part of the outstanding amount owing to AmBank based on the current
market value of the properties which value at RM32,800,000 pursuant to the valuation reports
prepared by W M Malik & Kamaruzaman Sdn Bhd as at 30 July 2021.

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

Current market value = RM32,800,000

Post removed.Why?

Post removed.Why?

Post removed.Why?

Latest business venture. Purchase 126 units of serviced suite in Antara@genting for RM142 million to be paid by using fund raised from Rights Issue.

Antara @genting developed by Aset Kayamas owned by Datuk Chai King Kong, will be completed in 2024.

Risk of project delay is possible due to pandemic situation, worker shortage, work stoppage and sluggish demand.

It is ok to delay, as the funding will be from shareholders who subscribe to the RI.

RENOUNCEABLE RIGHTS ISSUE OF UP TO 362,938,287 NEW ORDINARY SHARES IN GIIB HOLDINGS BERHAD (FORMERLY KNOWN AS GOODWAY INTEGRATED INDUSTRIES BERHAD) ("GIIB") ("GIIB SHARE(S)") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING GIIB SHARE HELD, TOGETHER WITH UP TO 362,938,287 FREE DETACHABLE WARRANTS IN GIIB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR AS AT 5.00 P.M. ON THURSDAY, 5 AUGUST 2021 AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")
============================

Acceptances____177,911,566____ 49.02

Excess applications___ 50,443,948____ 13.90

Total acceptances and excess applications___ 228,355,514___ 62.92

Total Rights Shares with Warrants available for subscription___ 362,938,287___ 100.00

Under-subscription___ 134,582,773___ 37.08

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

i) 228,355,514 Warrants A issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of Bursa Malaysia Securities Berhad and the listing and quotation of the Warrants A on the Main Market under the “Industrial Products & Services” sector will be granted with effect from 9.00 a.m., Tuesday, 7 September 2021.

(ii) 228,355,514 Rights Shares issued pursuant to the aforesaid Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Tuesday, 7 September 2021.

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

Listing date tomorrow 7/9/21.

RI price = 22sen
Current price = 17sen

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

TAYOR

Don't dream of selling your shares above RI price and use the money to subscribe rights.

Operators are not fools, they want fresh fund not recycle fund for the RI.

OKU2020 waiting for you at nexgram, another stock waiting for share consolidation

Post removed.Why?

Don't think the Operator so kind to push up the price to above RI price for you to sell your shares to subscribe the RI.

Where did you get your accuntancy degree?

Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021

Acceptance and Payment = 15 Sep 2021 05:00 PM
Date for announcement of final subscription result 23 Sep 2021

Listing Date = 30 Sep 2021

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

Tomorrow last trading day for OR.

After tomorrow, it becomes toilet paper if not use to subscribe for RI

PASUKGB Rights Issue

RENOUNCEABLE RIGHTS ISSUE OF UP TO 992,394,438 NEW ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS") ("PASUKHAS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 578,896,755 FREE DETACHABLE WARRANTS IN PASUKHAS ("WARRANTS A") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS A FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JUNE 2021

===================================
RI price = 10sen
current price = 8sen

SAUDEE Rights Issue

RENOUNCEABLE RIGHTS ISSUE OF UP TO 475,295,394 NEW ORDINARY SHARES IN SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") ("SAUDEE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE TOGETHER WITH UP TO 237,647,697 FREE DETACHABLE WARRANTS IN SAUDEE ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 MAY 2021

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

RI price = 15sen
Curret price = 0.08

BCM RIGHTS ISSUE

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,220,467,629 NEW ORDINARY SHARES IN BCM ALLIANCE BERHAD ("BCM" OR THE "COMPANY") ("BCM SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 1,017,056,357 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 5 FREE WARRANTS FOR EVERY 4 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 26 JULY 2021

===============================================
RI price = 8 sen
Current price = 6.5 sen

Post removed.Why?

Post removed.Why?

DBG RIGHTS ISSUE

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,202,508,096 NEW ORDINARY SHARES IN DGB ("DGB SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE TOGETHER WITH UP TO 601,254,048 FREE DETACHABLE WARRANTS IN DGB ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 22 DECEMBER 2020 ("RIGHTS ISSUE WITH WARRANTS")

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

RI price = 12sen
Current price = 4.5 sen

AEM RIGHTS ISSUE

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,442,419,508 NEW ORDINARY SHARES IN AE MULTI HOLDINGS BERHAD ("AEM" OR THE "COMPANY") ("AEM SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE TOGETHER WITH UP TO 1,081,814,631 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JULY 2021 ("RIGHTS ISSUE WITH WARRANTS")

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

RI Price = 5sen
Current Price = 4sen

FOR NEW NEWBIES

Ex-date = 27 Aug 2021
Ex-Price = 0.05
Price per rights share = 0.06

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

Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021

Acceptance and Payment = 15 Sep 2021 05:00 PM
Date for announcement of final subscription result 23 Sep 2021

Listing Date = 30 Sep 2021

You can roughly gauge retailers response to rights issue application when the OR is traded from 1/9 - 7/9

Current Total issued share = 2,796,130,182

Assuming RI is fully subscribed,
total issued shares = 5,592,260,364
New WB = 2,796,130,182

=======================================
If full subscribed , total amount raised = RM167,767,810

If under-subscribed, minimum amount needed to be raised = RM20 million

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

Price per rights share = 0.06

As at 3/9/21,

Stock price = 0.055

KANGER-OR = 0.005 seller quote.

Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021

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

TAYOR

Retail investors are getting smarter not to contribute money to company fund raising for directors to do loss making business for multi years.

Most likely RI will be under-subscribed by retailers.

Operators might look for other loss making penny stock companies to support with excess application to make the RI exercise looks good.

Wait for Date for announcement of final subscription result and basis of allotment of excess Rights Securities 23 Sep 2021

NETX will undertake more fund raising exercise by issuing more shares to PP or Rights Issue.
Total Issued Shares will again increase to MULTI-BILLION.

Trade wisely, closely watch the QR and how company fund flows out.

Bad intention by anyone, you, me, kuah, chai will be met with bad karma.
MZM, do you agree ?

YES or NO ?

Completed following fund raising exercise on 22/01/21

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,202,508,096 NEW ORDINARY SHARES IN DGB ("DGB SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE TOGETHER WITH UP TO 601,254,048 FREE DETACHABLE WARRANTS IN DGB ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 22 DECEMBER 2020 ("RIGHTS ISSUE WITH WARRANTS")

Rights Issue with Warrants has been completed on 22/01/21 following the listing and quotation of 956,377,178 Rights Shares, 478,188,586 Warrants C and 45,224,868 additional Warrants B on the ACE Market of Bursa Securities on even date.

Post removed.Why?

My friend say eddy chai is the son of aset kayamas owner chai king kong

Who is Eddie Chai ?

Is he shareholder of Kanger

---------------------------------------------
Extracted from Annual Report

List of 30 largest shareholders
8. Chai woon chet 29,000,000 1.04%
9. Kuah choon ching 25mil 0.89
30. Lee chong wei 7.5mil 0.27

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

Is he related to Datuk Chai of Aset Kayamas that sold 126 units of Antara@Genting serviced apartment to Mr Kuah of Kanger ?

Important Relevant Dates for Renounceable Rights (AMENDED)

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

Ex-Date = 30 Sep 2021

Date for trading of rights = 04 Oct 2021 - 10 Oct 2021

Date for announcement of final subscription result and basis of allotment of excess Rights Securities = 25 Oct 2021

Acceptance and Payment 18 Oct 2021 05:00 PM
Excess share application and payment 18 Oct 2021 05:00 PM

Available/Listing Date 02 Nov 2021

Ratio (New : Existing) 6.0000 : 1.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.1400

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

Exercise price of Warrants C = RM0.16 per Warrant C

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

Consolidated (10:1) price on 9/8/21 = 0.30
Price as at 2/9/21 = 0.20

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

On ex-date 30/9/21, price will be adjusted downward based on 6 rights shares and 2 free warrant for 1 share

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

Look at price movement of other penny stocks with similar exercise.

Trade wisely, don't be trapped for years

Post removed.Why?

some will agree, some will not agree, the rest couldn't be bothered

Your money, you decide. Good luck.

Post removed.Why?

Posted by POP888 > Sep 2, 2021 10:30 PM | Report Abuse

Issue rights beli CONDO di tempat paling tinggi and sejuk. Mampos laaa… condo baru 10% siap tapi minta duit nak bayar 142juta. Itu 142juta kalau dapat drpd rights issue akan bagi aset kayamas buat rolling capital untuk kasi siap. Last2 untung aset kayamas. Kanger yg buat financing. Siapa yg beli rights memang bodoh beli condo yg belom siap di tempat tinggi.


Posted by POP888 > Sep 2, 2021 10:50 PM | Report Abuse

Tengok Q sell itu rights pun sudah tahu tak laku. Klau itu rights separuh masak lagi susah. Katakan minta RM142juta tapi yg subcribe rights cuma RM20juta. Macam mana mao beli CONDO? Sudah tentu BOD cakap mao cancel ini plan. Pas tu RM20juta yang masuk Kanger akan keluar masuk pocket En. Kuat KenCing.

==================================
Saya sokong pendapat POP888
Adakah anda juga sokong pendapat beliau ?

Post removed.Why?

FREQUENT SELLING BY SUBSTANTIAL SHAREHOLDER

At such low price !!!

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

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
NEXGRAM HOLDINGS BERHAD

Particulars of substantial Securities Holder
Name OZURA FIRSTLOGIX SDN BHD


27 Aug 2021 405,400
30 Aug 2021 2,394,600

Circumstances by reason of which change has occurred Disposal of shares

Nature of interest Direct Interest
Direct (units) 503,735,194
Direct (%) 12.151
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 503,735,194

Date of notice 02 Sep 2021
Date notice received by Listed Issuer 02 Sep 2021

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

Apa sudah jadi.

Post removed.Why?

Post removed.Why?

Look at it objectively, it is a bad decision to pay RM142 mil for new properties under construction, only ready in 3, 4 years.

Can safely say that Jan 2021 was not the right time to invest in property. Many question marks ???

Kanger acquires RM143m hillside property with funding from rights issue

https://www.nst.com.my/property/2021/02/668553/kanger-enters-genting-highlands-rm1429-million-investment-serviced-suites

Purchase of 126 units of properties looks like helping friend's project as sales were sluggish during pandemic period at beginning of 2021 when almost lockdown were still imposed.

Extracted from Annual Report

List of 30 largest shareholders
8. Chai woon chet 29,000,000 1.04%
9. Kuah choon ching 25mil 0.89
30. Lee chong wei 7.5mil 0.27

No. 8 is director in loss making penny stocks anzo, oversea, m3tech and have stakes in other (mostly loss making) penny stocks

No. 9 has undertaking to subscribe rm20 mil of RI at 6cts per share

No substantial shareholders (5% or higher) as at 30 July 2021

Is it someone pushing down the price to below RI price of 6cts?

Let's wait to see any boardroom changes if some substantial shareholders appear.

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

No 8 is related to Aset Kayamas owner ?

Post removed.Why?

Post removed.Why?

Silly to spend RM142 million of shareholders money to purchase property under development.

Waiting period for completion 3 to 4 years.
Risk of delay in completion due to shortage of workers, work interruption, etc
Risk of suspended project due to sluggish demand

BLee, some will agree, some will not agree, the rest couldn't be bothered

Your money, you decide. Good luck.

Post removed.Why?

Post removed.Why?

Mana MZM, MIA again?

3 hari tak lawat OKU_2020 ?

Money raised from RI will eventually be used to pay for the purchase of 126 units of Antara @ Genting Highlands serviced suite costing RM142.9 milion

https://www.nst.com.my/property/2021/02/668553/kanger-enters-genting-highlands-rm1429-million-investment-serviced-suites

- S&P signed during national lockdown period; Is the purchase a good investment during pandemic period.
- Average price per unit = RM1.13 million. What is the average price of similar property around the area.

Antara @ Genting Highlands is under construction and development (with approximately 12% completion as at the LPD) with expected completion by January 2026. The proposed development will be carried out in 2 phases; the first phase of the development shall comprise the podium block together with Blocks A and B and the second phase shall comprise Blocks C and D. At this juncture, the first phase of the development is anticipated to be completed by June 2025.

- expected completion is Jan 2026. Another 5 long years before shareholders can "enjoy" the returns in investment

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

Aset Kayamas Sdn Bhd, (owned by Tan Sri Datuk Chai Kin Kong) is the developer of Antara Genting Highlands Resort Suites (Antara @ Genting Highlands).

https://asetkayamas.com/about-us/

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

Post removed.Why?

Post removed.Why?

Post removed.Why?

Time will tell. Remember the condo completion date is January 2026 (if there is no delay).

Just stay safe & healthy and let all of us wait for the outcome.

MZM, who is the owner of Aset Kayamas ?

Looks like Kanger is bailing out the company, maybe they are good friend.

Do a survey of the properties around the same area and assess whether it is worth buying at this price?