VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS
On behalf of the Board of Vsolar, M&A Securities wishes to announce that Bursa Securities has vide its letter dated 9 May 2022 resolved to approve the Company’s application for extension of time until 7 June 2022 to comply with Rule 13.16(1) of the Listing Requirements.
This announcement is dated 9 May 2022.
================= Shares consolidation implementation coming soon before 7 June 2022
Pemegang syer minoriti akan diseksa, dll macam sykt lain yg menggunakan cara yg sama hahaha
Right issue tak dapat dielakkan dengan kerugian tak terhingga setiap suku tahun .
Bila dapat wang dari right issue, lembaga pengarah akan menggunakan sebahagian besar dana untuk membeli quoted shares related parties dan pemegang syer minoriti pun tak diberitahu nama syer syarikat yang dibeli... Contohnya, quoted shares investment yang dibuat oleh focus, joe, netx, dll
SC TAKES ENFORCEMENT ACTION AGAINST SEVEN FOR SHARE MANIPULATION 22 July 2014 | Kuala Lumpur The Securities Commission Malaysia (SC) took enforcement action today against seven individuals at the Kuala Lumpur High Court for the manipulation of DVM Technology Bhd (DVM) shares. In the action taken, the SC alleges that the defendants had, over a one week period from 14 March 2006 to 21 March 2006, actively transacted in DVM shares among themselves, causing the price of the shares to artificially rise from RM0.11 on 14 March 2006 to a high of RM0.32 on 20 March 2006. The SC alleges that the defendants’ actions had created a false or misleading appearance of active trading on DVM shares as well as the price of the shares.
The SC alleges that the week-long manipulation resulted in a surge in the volume of DVM shares, to a total of 63 million shares on 20 March 2006, compared to 3.6 million shares one week prior to the manipulation. SC’s investigations revealed that the defendants never traded in DVM shares prior to the material period.
The seven individuals named in the action are:
1. Kenneth Vun @ Vun Yun Liun
2. Teng Choo Teik
3. Simon Lin Siang Hock
4. Lye Pei Ling
5. Chuah Hock Soon
6. Choong Lay Ti
7. Gui Boon Huat
The SC is seeking a disgorgement of all profits earned by the defendants as a result of the manipulation, which is sought to be used to compensate affected investors. The SC is also claiming a civil penalty of RM1 million from each of the seven defendants. Other orders sought are that the defendants be barred from being a director of a public listed company and from trading on the stock exchange for a period of five years.
“Manipulation threatens market integrity and this continues to be a key focus area at the SC,” said SC’s Executive Director of Enforcement, Ahmad Fairuz bin Zainol Abidin. He stated that this case reflects the regulator’s commitment in addressing market manipulation and reiterated that it is serious in its efforts to bringing offenders to book.
Hehehe.. daylight cheating and robbery due to incompetence of the bosses in doing real busineses.. eventually they only know how to do RI, PP and consolidation many many rounds.. better out of klse..
Hope SC could see this kind of gross exploitation and ban this co from being listed.. PP/ESOS done by good company can still be seen positively done as an instrument for PLC in its lifecycle of businesses.. For bad conpany is clearly the opposite...
No real and genuine business... Everything on paper looks good but in reality more like an attempt to con public..
So many years of data as hard evidence..
-------------------
JJPTR
This ann is dated June 8th,2022 NOSH 4b shares now. 20:1 become 200m shares Buy 1c , cost become 20c after 20 :1 Right issue 1.2b new shares @10c =120m rgt go into the management to pay salary, CEOand directors salary Minor sharesholder will see shares price drop from 20c after 20:1, to 2c again.. DOES IT LOOK LIKE A PONZI SCHEME? NO NEED TO DO ANY BUSINESS, MONEY COME IN
I think vsolar facing problem to share console now , more than 10 working days still no response from bursa Look on the same group other com just use few days for this step
MULTIPLE PROPOSALS VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS VSOLAR GROUP BERHAD
Type Announcement Subject MULTIPLE PROPOSALS Description VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY")
(I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS (Unless otherwise defined, the definitions set out in the previous announcements in relation to the Proposals shall apply herein)
On behalf of the Board, M&A Securities is pleased to announce that the following has been submitted to Bursa Securities:
1. the application for the Proposed Share Consolidation;
2. the listing application in relation to the Proposed Rights Issue with Warrants; and
3. the draft circular to shareholders of Vsolar in relation to the Proposals.
This announcement is dated 8 June 2022.
Announcement Info Company Name VSOLAR GROUP BERHAD Stock Name VSOLAR Date Announced 08 Jun 2022 Category General Announcement for PLC Reference Number GA1-08062022-00022
OTHERS VSOLAR GROUP BERHAD (THE "COMPANY" or "VSOLAR") STATUS UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN VSOLAR AND AT GLOVE ENGINEERING SDN. BHD. ("AT GLOVE"), A WHOLLY-OWNED SUBSIDIARY OF AT SYSTEMATIZATION BERHAD VSOLAR GROUP BERHAD
Type Announcement Subject OTHERS Description VSOLAR GROUP BERHAD (THE "COMPANY" or "VSOLAR") STATUS UPDATE ON MEMORANDUM OF UNDERSTANDING ("MOU") BETWEEN VSOLAR AND AT GLOVE ENGINEERING SDN. BHD. ("AT GLOVE"), A WHOLLY-OWNED SUBSIDIARY OF AT SYSTEMATIZATION BERHAD For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the announcements dated 23 October 2020, 25 January 2021, 23 April 2021, 23 July 2021, 22 October 2021, 21 January 2022 and 21 April 2022 in relation to the MOU, where applicable, unless stated otherwise or defined herein.)
Reference is made to the Company’s announcements made on 23 October 2020, 25 January 2021, 23 April 2021, 23 July 2021, 22 October 2021, 21 January 2022 and 21 April 2022, the Board of Directors of Vsolar wishes to inform that there has been no material development on the status of the MOU pertaining to the MOU between Vsolar and AT Glove, a wholly-owned subsidiary of AT Systematization Berhad to spearhead the Solar Photovoltaic Rooftop Project for its glove manufacturing plant located at No. 9, Jalan Chepor 11/17, Kawasan Perindustrian Seramik Chepor, 31200 Chemor, Perak.
This announcement is dated 21 July 2022.
Announcement Info Company Name VSOLAR GROUP BERHAD Stock Name VSOLAR Date Announced 21 Jul 2022 Category General Announcement for PLC Reference Number GA1-21072022-00045
Old registrar TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD New registrar WORKSHIRE SHARE REGISTRATION SDN BHD Address A1-2-2, Solaris Dutamas No. 1, Jalan Dutamas 1 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Telephone No 03 -64133271 Facsimile No 03 -64133271 Effective date 09 Jun 2022
Announcement Info Company Name VSOLAR GROUP BERHAD Stock Name VSOLAR Date Announced 09 Jun 2022 Category Change of Registrar Reference Number C07-09062022-00002
They cannot do any tricks anymore... all have been used up... Consol/RI/PP among themselves but without new retail entrance their own fund is depleting.. Existing holders fund is like frozen and untouchably anyway..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
26,602 posts
Posted by Good123 > 2022-05-28 09:40 | Report Abuse
usah dipatuk oleh ular sebanyak 2kali haha