Cash on hand are mostly fund raised from rights issues, ICPS rights, ICPS conversion, warrant conversions and share issuance for sale to ESOS and PP
NON RELATED PARTY TRANSACTIONS M N C WIRELESS BERHAD ("MNC" OR "THE COMPANY") -DEALING IN QUOTED SECURITIES OF SANICHI TECHNOLOGY BERHAD ("STB")
Type Announcement Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description M N C WIRELESS BERHAD ("MNC" OR "THE COMPANY") -DEALING IN QUOTED SECURITIES OF SANICHI TECHNOLOGY BERHAD ("STB")
The Board of Directors (“Board”) of MNC wishes to announce that the Company had on 28 May 2021, acquired in aggregate 107,500,000 new ordinary shares of Sanichi Technology Berhad (“STB”) via the subscription of the rights and excess shares of STB at an issue price of RM0.08 each (“Shares”), representing 7.66% equity interest of the enlarged share capital in STB, for a total cash consideration of RM8.6 million (“the Subscription”). Pursuant to the Acquisition, MNC will also be issued with 53.75 million of free Warrants F of STB.
Please refer to the attachment for further details.
KUALA LUMPUR (Bernama): The issue of cinemas not being allowed to operate has been brought to the attention of the National Security Council (NSC), says Communications and Multimedia Minister Tan Sri Annuar Musa.
Citing a Golden Screen Cinemas tweet @GSCinemas requesting the public to propose to Annuar for cinemas to operate again, he said the government was set to announce something related to the industry soon.
The main point should be asked to wistlebower99 before believe all the information given by this fellow. Do he own any shares at any counter he posted his information?
If his answer is YES, he is a F. O. O. L, because he is trying to burn his own f. o. o. l head.
If his answer is NO, he probably has BAD INTENTION on the company and its shareholders
Eastern686 The question is not whether he has any shares, it is "is what he wrote true or false? ----------------- Some are true, but many are false and in ill intention information, misleading and some are only based on his wild accusations. If he don't has any shares on his targeted counter, I think his probable ill intention acts will be more obvious.
The government has decided to reopen the entertainment and art sectors in all states beginning this Thursday, including indoor performance activities, cinemas, museums and art galleries.
TERMINATION OF MEMORANDUM OF UNDERSTANDING ("MOU") ENTERED BETWEEN SETARA TECH SDN. BHD. (FORMERLY KNOWN AS HARIMAU STUDIO SDN. BHD.) ("SETARA TECH"), A WHOLLY-OWNED SUBSIDIARY OF MNC AND VISION WORKS (M) SDN. BHD. ("VISION WORKS")
DEALING IN QUOTED SECURITIES UNDER RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, M N C Wireless Berhad (“MNC”) wishes to announce that the aggregate sales consideration of quoted securities for the preceding twelve (12) months which has not been announced, has exceeded 5% of MNC’s latest audited consolidated net assets, details are as follows:-
DEALING IN QUOTED SECURITIES UNDER RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS
Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, MNC Wireless Berhad (“MNC”) wishes to announce that the aggregate sales consideration of quoted securities for the preceding twelve (12) months which has not been announced, has exceeded 5% of MNC’s latest audited consolidated net assets, details are as follows:-
i. Net loss arising from the sale of quoted securities by MNC Group during financial year ending 30 April 2022 (Sales proceeds add investment cost and incidental expenses)
(7,200,998.68)
============ There goes the company fund lost by directors investment/speculation activities
DEALING IN QUOTED SECURITIES UNDER RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS
Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, M N C Wireless Berhad (“MNC”) wishes to announce that the aggregate purchase consideration of quoted securities for the preceding twelve (12) months which has not been announced, has exceeded 5% of MNC’s latest audited consolidated net assets, details are as follows:-
i. Net loss arising from the sale of quoted securities by MNC Group during financial year ending 30 April 2022
(Sales proceeds add investment cost and incidental expenses)
Multi year loss making low price penny stock Losses in Investment/speculation in other penny stocks using company fund ? Will there be more fund raising by directors to increase company fund when it runs low?
DEALING IN QUOTED SECURITIES UNDER RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS
Pursuant to Rule 9.20 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, M N C Wireless Berhad (“MNC”) wishes to announce that the aggregate purchase consideration of quoted securities for the preceding twelve (12) months which has not been announced, has exceeded 5% of MNC’s latest audited consolidated net assets, details are as follows:-
i. Net loss arising from the sale of quoted securities by MNC Group during financial year ending 30 April 2022
(Sales proceeds add investment cost and incidental expenses)
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....
moneytr33
545 posts
Posted by moneytr33 > 2021-03-03 11:47 | Report Abuse
i tot it will reach 0.10 the last wave... rupa2 pancit