Pursuant to Rule 9.19(27) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of FINTEC is pleased to announce that its wholly-owned subsidiary, Asiabio Capital Sdn. Bhd. (“ABC”), and the Company have on 27 December 2021 ceased to be a substantial shareholder of AT Systematization Berhad (“ATS”) due to the disposal of 50,000,000 ordinary shares (representing approximately 18.41% of ABC’s total shareholdings in ATS) in open market. Subsequent to the cessation date, ABC had disposed an additional 150,551,800 ordinary shares in open market within the period from 28 December 2021 to 12 January 2022.
As of the announcement date, the indirect shareholdings of FINTEC and direct shareholdings of ABC in ATS are 71,048,200 ordinary shares or equity interest of 1.31% respectively.
This announcement is dated 20 January 2022.
=========== Massive disposal by FINTEC subsidiary ABC. Is it something big is coming for AT?
AGESON is the latest penny stock to propose shares consolidation and rights issue.
Be careful of penny stocks with multi billion issued shares.
Alam Floora will be the biggest beneficiary of this massive dumping by Fintec. Wait for Alam Floora announcement for securing a big contract to dumping kacang putih papers from MakVarder.
1 more week to Chinese New Year.. Although some people might loss money in this counter.. But this have to wish them wealthy and healthy. Gong Xi Fa Cai!!!
And hope below item to achieve to this counter: 1) Finish issue ESOS 2) Share Consolidation 3) M*k and Ch**ng RIP
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....
Biliskecil
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Posted by Biliskecil > 2022-01-17 15:12 | Report Abuse
Before CNY will have alam flora delivery.. they mau cash out for CNY mah…