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2021-08-24 10:05 | Report Abuse
After more than a month of listing of RI and free warrants, there is only one announcement of substantial shareholder JOE HOLDING BERHAD (M & A Nominee (Tempatan) Sdn Bhd Pledged Securities Account for GP Autobat Sdn Bhd) meaning that all other shareholders have less than 5% equity.
JOE HOLDING BERHAD (M & A Nominee (Tempatan) Sdn Bhd Pledged Securities Account for GP Autobat Sdn Bhd) :
Shareholdings changed from 249,720,000 shares to 196,310,000 shares (16.961% ) after disposing 53,410,000 on 23/7/21.
WA = 145,670,000
MAK SIEW WEI :
Shareholdings = 46,070,000 (3.981%)
WA = 26,868,333 (4.643%)
2021-08-23 15:28 | Report Abuse
Extracted from announcement dated 25/6/21 and amendment dated 30/6/21
(i) proposed bonus issue of up to 255,241,500 new ordinary shares in the Company (“Cheetah Shares” or “Shares”) (“Bonus Shares”) on the basis of 2 Bonus Shares for every 1 existing Share
(iii) proposed private placement of up to 114,858,000 new Shares (“Placement Shares”), representing 30% of the enlarged total number of issued Shares,
(ii) proposed bonus issue of up to 248,860,125 free warrants in Cheetah (“Warrants”) on the basis of 1 Warrant for every 2 existing Shares
(ii) proposed establishment of an employees’ share options scheme (“ESOS” or “Scheme”) involving up to 30% of the total number of issued Shares
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Total issued share before implementation = 127,620,750
Proposed bonus shares = 255,241,500
Proposed PP = 114,858,000
Proposed bonus warrant = 248,860,125
Proposed ESOS = 223,974,000
Upon full completion and assuming all warrants are fully converted, total issued share will be increased to 970 million shares.
Very very close to becoming another BILLION- SHARE penny stock.
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Shareholding equity will be greatly diluted by PP and ESOS shares while EPS will be significantly reduced.
Interesting to see how Cheetah will transform within a year after completion of the proposals.
TAYOR
2021-08-23 11:05 | Report Abuse
where is MZM, very quiet for 2 days. hope you are safe and healthy
2021-08-23 10:58 | Report Abuse
MACPIE BERHAD ("MACPIE" OR THE "COMPANY")
Extension of time for submission of Unaudited Fourth Quarter Report for the financial period ended 30 June 2021
Following the Full Movement Control Order (now known as Phase 1 of National Recovery Plan) as imposed by the Government to contain the spread of the COVID-19 outbreak in Malaysia, Bursa Malaysia Securities Berhad (“Bursa Securities”) had on 16 June 2021 granted a one-month extension for listed issuers to issue their quarterly reports and annual reports that include annual audited financial statements and the auditors' and directors' reports, which are due by 31 July 2021 and 31 August 2021.
In consideration of the challenges faced by MACPIE during the current situation, the Board of Directors of MACPIE wishes to inform that MACPIE will utilise the said extension of time granted by Bursa Securities to submit its Unaudited Fourth Quarter Report for the financial period ended 30 June 2021 by 30 September 2021.
This announcement is dated 20 August 2021.
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QR delayed, any think positive to look forward to?
Most likely another usual QR with losses.
2021-08-20 15:51 | Report Abuse
Good show. More retailers getting smarter to avoid penny stocks that like to dig shareholders pocket to raise fund.
2021-08-20 09:52 | Report Abuse
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY") ESOS
(For consistency, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcement dated 3 February 2021 in relation to the ESOS, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcements in relation to the ESOS dated 3 February 2021 and 19 February 2021.
On behalf of the Board, Mercury Securities wishes to announce that the effective date for the implementation of the ESOS is 19 August 2021, being the date on which the Company is in full compliance with all relevant requirements including Rule 6.44(1) of the Listing Requirements.
This announcement is dated 19 August 2021.
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Recently completed following corporate and fund raising exercise:
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY") ("SANICHI SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 2 APRIL 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,424,428,212 NEW ORDINARY SHARES IN SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY") ("SANICHI SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 712,214,106 FREE DETACHABLE WARRANTS IN SANICHI ("WARRANTS F") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS F FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 23 APRIL 2021 ("RIGHTS ISSUE WITH WARRANTS")
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Directors might be getting back to share issuance mode instead of focusing on generating business profits.
Better to avoid penny stocks with frequent share issuance
TAYOR
2021-08-20 09:27 | Report Abuse
NON STOP SHARE ISSUANCE VIA ESOS, PRIVATE PLACEMENT
- Frequent fund raising and releasing additional shares into market
- Non stop dilution of shareholdings equity
- Reduced EPS
- Enlarged total issued shares
Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, AT wishes to announce that it has offered options to eligible Directors and employees under its ESOS, the details of which are as follows:-
(a) Date of offer: 19 August 2021
(b) Exercise price of options offered: RM0.0525 each
(c) Number of options offered: 100,173,924
(d) Market price of AT’s shares on the date of the offer: RM0.05
(e) Number of options offered to Directors of AT are as below:
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Number of ESOS offered
====================
Dato' Nik Ismail Bin Dato' Nik Yusoff
Independent Non-Executive Chairman
4,145,625
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Mak Siew Wei
Executive Director
5,527,500
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Choong Lee Aun
Managing Director
4,422,000
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Dr. Ch’ng Huck Khoon
Independent Non-Executive Director
4,145,625
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Tan Lay Chee
Independent Non-Executive Director
3,316,500
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This announcement is dated 19 August 2021.
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Total issued shares = 4,588,473,475
WC = 439,053,650
Probably heading towards share consolidation of 10x, 25x, 50x when company fund is almost depleted.
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Trade wisely, don't be trapped for years
2021-08-19 18:08 | Report Abuse
noooooobbbbbbbbbbbbo if I sell the mother share now (after consolidation), am I still entitled to the RI?
**Sorry, I'm new to the market. Please guide me.
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if you want the RI, sell on or after ex-date
2021-08-19 12:15 | Report Abuse
FUND RAISING VIA ESOS share issuance
From July - 13/8/21
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Types of corporate proposal ESOS
Details of corporate proposal Employees' Share Option Scheme
No. of shares issued under this corporate proposal 200,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0275
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 4,145,664,574
Issued Share Capital ($$) Malaysian Ringgit (MYR) 385,098,390.820
Listing Date 07 Jul 2021
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Types of corporate proposal ESOS
Details of corporate proposal Employees' Share Option Scheme
No. of shares issued under this corporate proposal 30,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0300
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 4,175,664,574
Issued Share Capital ($$) Malaysian Ringgit (MYR) 386,838,390.820
Listing Date 21 Jul 2021
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Types of corporate proposal ESOS
Details of corporate proposal Employees' Share Option Scheme
No. of shares issued under this corporate proposal 100,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0250
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 4,275,664,574
Issued Share Capital ($$) Malaysian Ringgit (MYR) 389,338,390.820
Listing Date 30 Jul 2021
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Types of corporate proposal ESOS
Details of corporate proposal Employees' Share Option Scheme
No. of shares issued under this corporate proposal 100,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0225
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 4,375,664,574
Issued Share Capital ($$) Malaysian Ringgit (MYR) 339,029,930.320
Listing Date 16 Aug 2021
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Dig here for more ESOS in previous months of 2021 :
https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=&cat=AL%2CALCO&sub_type=&company=0150&mkt=&alph=&sec=&subsec=&dt_ht=01%2F01%2F2021&dt_lt=%23%2F%23%2F%23%2F%23%2F%23%2F%23%2F%23%2F%23%2F%23%2F%23%2F&page=1#/?category=all
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TAYOR
2021-08-18 22:07 | Report Abuse
ASKING FOR MONEY FROM SHAREHOLDERS
https://www.theedgemarkets.com/article/komarkcorp-seeks-raise-rm82m-right-issue
KUALA LUMPUR (Aug 18): After completing two rounds of private placement to fund its face mask business venture, Komarkcorp Bhd now plans to raise up to RM81.78 million — 128% of its market value of RM64 million — through a rights issue.
The group, which is involved in printing labels and packaging solutions, ventured into making face masks and personal protection equipment (PPE) in June last year.
It successfully raised RM59.21 million through a private placement exercise in December to be used to establish up to 30 production lines for the face mask manufacturing business.
The group completed another private placement on May 31, raising proceeds of RM12.93 million, which were intended to be utilised for the expansion of production capacity for the face mask business.
Currently, Komarkcorp is operating 23 production lines of three-ply face masks and one
production line for respirator face masks.
It intends to expand its production capacity by setting up another 79 production lines for three-ply face masks and 25 production lines for respirator face masks. As a result, it would have 128 lines production lines with annual production capacity of 1.22 billion units of three-ply face masks and 312 million units of respirator face masks
In a bourse filing today, Komarkcorp said it expects to raise up to RM81.78 million via the proposed rights issue, based on an illustrative issue price of 10 sen per right share under the maximum case scenario.
This exercise entails the issuance of up to 817.82 million rights shares and up to 272.61 million free detachable warrants, on the basis of three rights shares and one warrant for every three shares held.
Komarkcorp said RM46 million of the proceeds will go towards the expansion of its manufacturing business, including RM12 million for the face mask business, RM12 million for replacement and upgrade machineries for the labelling business, RM7 million for refurbishment and renovation of factories, and RM5 million for installation and commissioning of the face mask production lines.
The group said it also plans to set aside another RM5 million for new product development to keep pace with the demand and development in face masks, and RM15 million to finance the acquisition or investment in any suitable complementary business, including the face mask and label industry.
The group expects the rights issue with warrants to be completed by the fourth quarter this year.
Komarkcorp’s share price closed 0.5 sen or 4.35% lower at 11 sen today, giving it a market capitalisation of RM64 million.
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MASSIVE FUND RAISING BY ANOTHER PENNY STOCK
TRADE WISELY
2021-08-18 09:03 | Report Abuse
Date of change 17 Aug 2021
Name MISS JUSTIN LOW SOOK HUEY
Age 28
Gender Female
Nationality Malaysia
Designation Executive Director
Directorate Executive
Type of change Appointment
No Qualifications Major/Field of Study Institute/University
1 Others Sijil Pelajaran Malaysia (SPM) Sekolah Menengah Kebangsaan Bandar Utama Damansara (3)
Working experience and occupation
Ms. Justin Low Sook Huey has more than 7 years' experience across a broad range of marketing function and varied industry segments. She began her career as an Executive Sales Consultant at Asiarooms.com, Bangkok in 2012. She joined Insense Design Sdn. Bhd. as a Project Executive from 2013 to 2015. She worked as a Marketing Executive in Hibaby, Kuala Lumpur from 2015 to 2016. From 2016 to 2019, Ms. Justin Low joined Dedikasi Kaliber Sdn. Bhd. as Personal Assistant, then she left to join Troopers Innovation Sdn. Bhd. as Key Account Manager. Subsequently, she was appointed as Managing Director of Idea Plus Enterprise from 2019 to 2021.
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Appointing young & dynamic individual to project a different image ?
2021-08-17 16:39 | Report Abuse
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER INTERNATIONAL BERHAD ("KANGER" OR THE "COMPANY") ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AS AT 5.00 P.M. ON MONDAY, 30 AUGUST 2021
Ex-date = 27 Aug 2021
Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021
Acceptance and Payment = 15 Sep 2021 05:00 PM
Listing Date = 30 Sep 2021
Warrant exercise price fixed at 0.05 per warrant
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LAMBO-OR trading at 0.005 seller price.
Can KANGER-OR do better than LAMBO-OR when trading starts on 1/9/21 ?
2 billion OR waiting for buyers?
2021-08-17 14:39 | Report Abuse
Only die hard loser will spend time, day and night, promoting garbage MULTI-BILLION-SHARES penny stocks like KANGER, NEXGRAM, BORNOIL, etc, hoping to catch newbies and newcomers with lots of news, most of which will turn out to be just talk and no action.
2021-08-14 21:36 | Report Abuse
MZM can syok sendiri this weekend. But is nexgram the only company involved in covid test kits. And there are many brands in the market, don't be overjoyed by the agreement. Show shareholders the profit in next 2, 3 or 4 quarters. Otherwise it is another scam announcement. Go ask AT about glove project.
2021-08-13 14:57 | Report Abuse
You are lucky, my friend lost 80% investing in Nexgram and another 80% in Kanger and still refused to cut loss.
2021-08-13 14:15 | Report Abuse
AyamGoreng, FINTEC still cash rich with RM154 mil as at 31/3/21 QR.
Wait for all money lost to stock speculations, leakages, then directors will go share consolidation and rights issue to dig shareholders pockets.
Good luck
2021-08-13 11:57 | Report Abuse
Wait til one day when you wake up to find out that your shareholdings will be reduced by 10x, 25x, 50x just by a simple & easy decision of loss making penny stocks directors then you will understand my intention to warn newbies especially, best to avoid such stocks with BILLION shares.
You might not realise that everyday, there are newbies coming into the market to try their luck to make some extra money and end up losing their hard-earned money punting on cheap priced, loss making , high NOSH penny stocks.
2021-08-13 10:24 | Report Abuse
jonathansiew, davidts95
You talk like long time shareholders but I bet you don't read company document sent to your home. Maybe covid-19, postman can't deliver, that's good excuse but you still have access to bursa website, right?
2021-08-12 22:16 | Report Abuse
MOUs and news are nothing compared to real profit bottom line. Don't be deceived by unethical directors
Stock: [PASUKGB]: PASUKHAS GROUP BERHAD
2021-08-24 11:04 | Report Abuse
Retailers are getting smarter not to be trapped by unethical directors who are only good in fund raising by issuing shares but hopeless in doing real business to generate profits,