Posted by Good123 > 2021-07-29 07:35 | Report Abuse

:)

KUALA LUMPUR (July 28): Small cap outfit Oversea Enterprise Bhd has proposed a private placement, followed by a rights issue, to raise funds for the expansion of its restaurant and manufacturing businesses.

Oversea Enterprise currently has an issued share capital of 884.75 million shares, inclusive of 11.7 million treasury shares, the group’s filing showed.

The plan is to issue a minimum of 261.92 million shares under the private placement, representing 30% of its enlarged share capital, to raise between RM20.04 million and RM30.32 million.

This is followed by a one-for-one rights issue, together with free detachable warrants on the basis of one warrant for every three rights shares subscribed.

Oversea Enterprise plans to procure written undertakings from shareholders to subscribe to a minimum of 166.67 million rights shares, it said.

The targeted minimum subscription underlines 14.68% of the available rights issue under the base case scenario, to raise at least RM10 million, the group said.

The group’s indicative share price for both exercises is 6 sen per share, it added.

Proceeds from the exercises, which will be anywhere between RM30.04 million and RM133.38 million, will be used to fund the expansion of Oversea Enterprise’s four new restaurants in Kuala Lumpur and Genting Highlands.

They will also be used for the expansion and upgrading of the group’s two food products manufacturing facilities in Shah Alam, and as working capital.

Oversea Enterprise said the free warrants are expected to have a three-year tenure. The group also has 436.53 million outstanding warrants expiring March 4, 2024, with an exercise price of 16 sen per share.

Shares of Oversea Enterprise closed down 1 sen or 8% at 11.5 sen today, valuing the group at RM97.83 million.

Posted by whistlebower99 > 2021-07-29 10:38 |

Post removed.Why?

Posted by BuySoLow SellEvenLower > 2021-07-30 15:02 | Report Abuse

PP and RI will go together with a 10 course dinner for everyone who take it up. 10 course dinner will have the following dishes - nasi lemak, fried rice, economy rice, fried meehoon, pisang goreng, maggie mee pedas, roti canai, capati, mutu mayam and kangkung belacan.

Posted by canbuyla > 2021-08-02 11:17 | Report Abuse

all these goreng pisang ...why bother ?

Posted by whistlebower99 > 2021-08-04 15:03 |

Post removed.Why?

Posted by whistlebower99 > 2021-08-25 12:02 |

Post removed.Why?

Posted by whistlebower99 > 2021-08-25 12:04 | Report Abuse

Directors asking for money from shareholders again. Good only in fund raising and hopeless in making business profit.

Two of the directors :
-------------------------------------------------

Date of change 14 Jul 2021
Name MR TAY BEN SENG, BENSON
Age 37
Gender Male
Nationality Malaysia
Designation Executive Director
Directorate Executive
Type of change Appointment

----------------------------------------------------
Date of change 07 Oct 2020
Name DATUK CHAI WOON CHET
Age 42
Gender Male
Nationality Malaysia
Designation Director
Directorate Executive
Type of change Appointment

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

Directorship in other companies as well. Ask google.

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

If all share issuance goes through, the total issue shares will exceed 3 BILLION shares

Posted by akennycwf > 2021-08-26 15:34 | Report Abuse

Dear all , run run

Posted by akennycwf > 2021-08-26 15:37 | Report Abuse

Is time to run run . No more mooncake to eat

Posted by whistlebower99 > 2021-08-27 16:28 |

Post removed.Why?

Posted by akennycwf > 2021-08-27 16:44 | Report Abuse

Run , no more celebration and mooncake to eat

Posted by akennycwf > 2021-08-27 16:45 | Report Abuse

Hold your seatbelt jump into water

Posted by Good123 > 2021-09-21 09:10 | Report Abuse

0153 OVERSEA OVERSEA ENTERPRISE BERHAD
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY")(I) PROPOSED PRIVATE
PLACEMENT; AND(II) PROPOSED RIGHTS ISSUE WITH WARRANTS(COLLECTIVELY REFERRED TO
AS THE "PROPOSALS")
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

28/07/2021 07:00 AM


Ref Code: 202107283000298

Posted by whistlebower99 > 2021-10-11 11:54 | Report Abuse

Historical quarterly profit/loss

EPS DPS NTA Revenue P/L Quarter Q Date
-0.23 0.000 0.0700 4.95m -1.97m 1 2021-06-30
-0.67 0.000 0.0700 4.17m -5.32m 4 2021-03-31
-1.38 0.000 0.1900 3.09m -3.34m 3 2020-12-31
1.31 0.000 0.2100 14.04m 3.17m 2 2020-09-30
-0.91 0.000 0.1900 2.07m -2.21m 1 2020-06-30
-2.23 0.000 0.2000 10.44m -5.42m 4 2020-03-31
-0.46 0.000 0.2200 10.47m -1.12m 3 2019-12-31
0.91 0.000 0.2300 19.83m 2.21m 2 2019-09-30
-0.47 0.000 0.2200 11.06m -1.13m 1 2019-06-30
-1.16 0.000 0.2200 12.95m -2.81m 4 2019-03-31
-0.71 0.000 0.2400 11.51m -1.73m 3 2018-12-31
0.56 0.000 0.2400 19.84m 1.37m 2 2018-09-30
-0.52 0.000 0.2400 10.89m -1.27m 1 2018-06-30
-1.26 0.000 0.2400 15.16m -3.05m 4 2018-03-31
-0.62 0.000 0.2600 12.37m -1.50m 3 2017-12-31
0.53 0.000 0.2600 19.09m 1.29m 2 2017-09-30
-0.64 0.000 0.2600 11.89m -1.54m 1 2017-06-30

============================
When will the directors start to bring in profit?

Posted by whistlebower99 > 2021-10-11 12:04 | Report Abuse

FOR NEWBIES

OVERSEA ENTERPRISE BERHAD ("OVERSEA" OR THE "COMPANY") (I) PROPOSED PRIVATE PLACEMENT; AND (II) PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board, Mercury Securities is pleased to announce that Bursa Securities had, vide its letter dated 6 October 2021, approved the following:-

(i) admission to the Official List and the initial listing and quotation of up to 572,554,997 Warrants B to be issued pursuant to the Proposed Rights Issue with Warrants;

(ii) listing of up to 396,384,000 new Shares to be issued pursuant to Proposed Private Placement;

(iii) listing of up to 319,417,134 additional Warrants A arising from the adjustments in accordance with the provisions of the deed poll for Warrants A, pursuant to the Proposed Rights Issue with Warrants (“Additional Warrants A”);

(iv) listing of up to 1,717,664,991 Rights Shares to be issued pursuant to Proposed Rights Issue with Warrants;

(v) listing of up to 572,554,997 new Shares to be issued pursuant to the exercise of Warrants B; and

(vi) listing of up to 319,417,134 new Shares to be issued pursuant to the exercise of the Additional Warrants A.

===========================================
Fund raising via Rights Issue with free warrant approved by Bursa.

Coming soon. Get your money ready if wish to contribute to the fund raising.

============================================
TAYOR

Posted by whistlebower99 > 2021-10-11 12:12 | Report Abuse

FOR NEWBIES

On behalf of the Board, Mercury Securities wishes to announce that the Company has obtained an undertaking from Tay Ben Seng, Benson (Executive Director of the Company) in relation to his subscription of Rights Shares to meet the Minimum Subscription Level for the Proposed Rights Issue with Warrants.

https://www.klsescreener.com/v2/announcements/view/3438139


Read attachment for details

==================================
Shareholdings of directors :

Name of Directors No. of Shares %

Datuk Chai Woon Chet 453,778,476 51.976
Yu Soo Chye @ Yee Soo Chye 29,101,800 3.333
Lee Seng Fan 8,178,488 0.937
Khong Yik Kam 300,000 0.034
Tay Ben Seng, Benson 1,100,000 0.126

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

Posted by whistlebower99 > 2021-10-15 14:12 | Report Abuse

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:- (I) PROPOSED PRIVATE PLACEMENT; AND (II) PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

https://www.klsescreener.com/v2/announcements/view/3440995


==================================
Details of EGM :

Last date and time for lodging the Proxy Form : Saturday, 30 October 2021 at 11.00a.m.
Date and time of the EGM : Monday, 1 November 2021 at 11.00 a.m.
Venue of the EGM : Online meeting platform as operated by Mlabs Research Sdn Bhd in Malaysia via https://rebrand.ly/OverseaEGM

===========================================
Fund raising via Rights Issue with free warrant approved by Bursa.

Coming soon. Get your money ready if wish to contribute to the fund raising.

============================================
TAYOR

Posted by madmusrz > 2021-10-26 19:12 | Report Abuse

BUYING TIME !

Posted by bulldog > 2021-10-27 10:35 | Report Abuse

Accumulation in progress

Huat chaiii

Posted by whistlebower99 > 2021-11-11 11:58 |

Post removed.Why?

Posted by whistlebower99 > 2021-11-12 11:05 |

Post removed.Why?

Posted by NatsukoMishima > 2021-11-19 17:11 | Report Abuse

Is the new main shareholder a goreng kaki ?? If yes, then maybe can take a ride since very cheap otherwise just wasting time only !

Posted by whistlebower99 > 2021-11-23 12:39 | Report Abuse

FUND RAISING SHARE ISSUANCE

Private Placement of 261,916,000 new ordinary shares in Oversea Enterprise Berhad to Lim Kon Lian

No. of shares issued under this corporate proposal 261,916,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0737

Latest issued share capital after the above corporate proposal in the following Units 1,146,670,000

Listing Date 19 Nov 2021



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

Particulars of Substantial Securities Holder
Name MR LIM KON LIAN
Date interest acquired 18 Nov 2021
No of securities 261,916,000
Subscription of shares via Private Placement

Direct (units) 261,916,000
Direct (%) 23.077
Date of notice 18 Nov 2021

https://www.klsescreener.com/v2/announcements/view/3459011
=====================================

Mr Lim Kok Lian is director of LKL International Berhad and has shareholdings of about 30%

Dilution effect of shareholdings equity % of minority retail shareholders
NOSH increased to above 1 BILLION

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

Posted by stockraider > 2021-11-23 13:17 | Report Abuse

just stay away from this kon stock mah!

Posted by whistlebower99 > 2021-11-23 13:29 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)

Particulars of Director
Name DATUK CHAI WOON CHET

1 19 Nov 2021 453,778,476
Dilution in percentage of shareholdings due to allotment of additional shares (Private Placement)

Direct (units) 453,778,476
Direct (%) 39.981
Date of notice 22 Nov 2021

https://www.klsescreener.com/v2/announcements/view/3459781

Posted by JohnFook > 2021-11-27 12:16 | Report Abuse

Con......avoid guys

Posted by Good123 > 2021-11-30 08:58 | Report Abuse

right issue akan melanda... tighten your seat belt :)

Posted by Good123 > 2021-11-30 09:08 | Report Abuse

ada orang mau beli selepas right issue kan? anda?

Posted by Good123 > 2021-11-30 10:30 | Report Abuse

Saudee right issue price 15sen now 6sen. Oversea probably right issue price 10sen, then fell to 4sen like saudee , food related biz

Posted by whistlebower99 > 2021-12-23 15:59 |

Post removed.Why?

Posted by stockraider > 2021-12-23 16:01 | Report Abuse

A classic case of kon holland penny stocks cover buy fintec spy 2511, be very careful of this konmen loh!

Posted by whistlebower99 > Dec 23, 2021 3:59 PM | Report Abuse

FOR NEWBIES

SOME PENNY STOCKS THAT HAD RIGHTS ISSUE IN 2021

1. FAST
Ex-Date 17 Nov 2021
RI price = 12
Current price = 8.5

2. PERMAJU
Ex-Date 03 Nov 2021
RI price = 7
Current price = 4

3. PDZ
Ex-Date 30 Sep 2021
RI price = 14
Current price = 4

4. TWL (TIGER)
Ex-Date 08 Sep 2021
RI price = 4
Current price = 5

5. KANGER
Ex-Date 27 Aug 2021
RI price = 6
Current price = 2

6. LAMBO
Ex-Date 11 Aug 2021
RI price = 10
Current price = 5

7. BCM
Ex-Date 23 Jul 2021
RI price = 8
Current price = 2.5

8. AEM
Ex-Date 19 Jul 2021
RI price = 5
Current price = 3

9. Pasukgb
Ex-Date 21 Jun 2021
RI price = 10
Current price = 2

10. SAUDEE
Ex-Date 20 May 2021
RI price = 15
Current price = 5.5

==========
Most of the RI shares were under subscribed by retail investors
A big portion of the excess rights shares were subscribed by operators

Most retail investors getting smarter not to contribute more money to directors who are good in fund raising but not in generating profits from main businesses.

Posted by whistlebower99 > 2021-12-23 16:03 |

Post removed.Why?

Posted by whistlebower99 > 2022-02-16 10:07 | Report Abuse

2 major shareholders after completion of private placement to Mr Lim Kon Lian

==========================
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
OVERSEA ENTERPRISE BERHAD
Particulars of Substantial Securities Holder
Name MR LIM KON LIAN
Subscription of shares via Private Placement

Direct (units) 261,916,000
Direct (%) 23.077
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Date of notice 18 Nov 2021


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

Name DATUK CHAI WOON CHET
Direct (units) 453,778,476
Direct (%) 39.981
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice 22/11/2021

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

Fund raising via rights issue on the way
Shareholders need to take out more money to subscribe for rights


TAYOR

Posted by whistlebower99 > 2022-02-16 15:06 | Report Abuse

Right acct to left acct to attract newcomers to contribute more money to Rights Issue Fund Raising.

Coming soon.

Posted by Good123 > 2022-02-16 15:42 | Report Abuse

after right issue, ada pp semula dan esos kot

Posted by Good123 > 2022-02-16 15:44 | Report Abuse

ya lah, pasukhas jauh lebih menarik kini 2-2,5sen je.. right issue, pp, esos dah buat termasuk syer consol haha

Posted by Good123 > 2022-02-16 15:50 | Report Abuse

sebahagian dana dari right issue diramal akan digunakan untuk membeli syer pasukhas. banyak synergi antara pasukhas dan oversea.

belilah pasukhas secara langsung jauh lebih selamat

Posted by whistlebower99 > 2022-02-17 13:06 | Report Abuse

Most likely right acct to left acct to attract newcomers to contribute more money to Rights Issue Fund Raising exercise which is coming soon.


Looking the major shareholders,
Oversea could eventually turn into another XOX, ANZO, LKL, MERIDIAN

https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=CHAI%20WOON%20CHET&cat=SH%2CCHSH&sub_type=&company=&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=%23%2F&page=1#/?category=all


https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=LIM%20KON%20LIAN&cat=SH%2CCHSH&sub_type=&company=&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=%23%2F%23%2F&page=2#/?category=all

================
TAYOR

Posted by Michael Kwok > 2022-02-23 00:07 | Report Abuse

Buy 14-14.5 cents.Cur loss 10 percent of buying price by 4pm.Tp 17-18 cents.

Posted by Good123 > 2022-02-24 11:07 | Report Abuse

LKL family & gang, probably refocus on pasukhas... after pushing up oversea.... no news on oversea's right issue... very likely abandoned the RI to consolidate funds to push pasukhas

Posted by Good123 > 2022-03-01 09:47 | Report Abuse

Right issue untuk oversea tak jadi dah? Bos lkl mau fokus kpd pasukhas kot? Sabar je. Harga Oversea ~15sen Kini walaupun dah split kpd 3. 15sen x 3 = 45sen. Puak yg membeli majoriti syer founder’s oversea cuma beli dengan harga 30sen je. Nta oversea 7sen je Kini. Oversea juga dalam pemulihan dan tak pernah untung sejak diambil alih, dibeli, dll


Nta pasukhas 26sen
Tunggu ya!!!!

Posted by Good123 > 2022-03-01 10:03 | Report Abuse

Bos lkl memegang syer Dalam pasukhas Dan oversea. Oversea dah Naik giliran pasukhas kini

Mungkin syer oversea ... Lapor untung besar in Q1,2022 nanti


Marketable Securities RM18,507,000 as per QR @31.12.2021 pasukhas

Posted by Good123 > 2022-03-01 10:13 | Report Abuse

Director focus Ada Dalam oversea Dan juga director oversea. Focus bagi kontrak kpd pasukhas bernilai rm77 juta tahun Lepas.

Sungguh rapat. Oversea-pasukhas-focus

Posted by Good123 > 2022-03-01 10:21 | Report Abuse

Nta oversea 7sen. Nta pasukhas 26sen , share price 2sen.

Pasukhas is a better bet

Posted by Good123 > 2022-03-01 10:24 | Report Abuse

Nta oversea 7sen, share price 14sen, pasukhas nta 26sen, share price 56sen?

:)

Posted by citadel888 > 2022-03-01 10:26 |

Post removed.Why?

Posted by Good123 > 2022-03-01 11:24 | Report Abuse

Dulu Sama je bagi oversea, dikutuk dihina , kata belum untung nta 7sen, kini dah 14-15sen, semua pencaci sudah senyum macam Babi

Pasukhas nta 26sen, sendiri Kira bila ia terbang, 56sen boleh jadi

Sabar ya... Haha

Posted by Good123 > 2022-03-01 12:18 | Report Abuse

pasukhas nta 26sen oversea nta 7sen... overseas juga belum untung.. pasukhas jauh lebih selamat dengan nilai aset bersihnya


Key Result

Key Result
T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 25,721 28,736 23,363 59,162 49,779
NP to SH -8,416 -4,128 -7,695 -2,374 -4,386
Dividend 0 0 0 293 0
Adjusted EPS -0.85 -0.42 -0.78 -0.24 -0.44

Posted by Good123 > 2022-03-01 12:21 | Report Abuse

Oversea tak pernah untung sejak tahun 2016. aset bersih kini hanya 7sen... pasukhas aset bersih 26sen, tahun 2021 hampir breakeven jika tak ambil kira impairment, write off yang one-off je,


oversea sejak 2016 , kantoi.

Financial Year: 31-Mar-2022
28-Feb-2022 31-Dec-2021 4,009 -3,080 -2,978 -2,978 -74.28% -4.29% -0.30 0.00 0.07 -261.15% 10.78%
29-Nov-2021 30-Sep-2021 12,592 2,052 1,848 1,848 14.68% 3.02% 0.21 0.00 0.07 194.00% -41.67%
28-Sep-2021 30-Jun-2021 4,951 -1,975 -1,966 -1,966 -39.71% -3.22% -0.23 0.00 0.07 63.05% 10.84%
Financial Year: 31-Mar-2021
31-May-2021 31-Mar-2021 4,169 -5,176 -5,320 -5,320 -127.61% -9.57% -0.67 0.00 0.07 -59.38% 1.79%
26-Feb-2021 31-Dec-2020 3,088 -3,308 -3,338 -3,338 -108.10% -7.24% -1.38 0.00 0.19 -205.37% -198.57%
26-Nov-2020 30-Sep-2020 14,036 3,334 3,168 3,168 22.57% 6.22% 1.31 0.00 0.21 243.67% 43.41%
28-Aug-2020 30-Jun-2020 2,070 -2,135 -2,205 -2,205 -106.52% -4.79% -0.91 0.00 0.19 59.29% -95.31%
Financial Year: 31-Mar-2020
29-Jun-2020 31-Mar-2020 10,440 -5,255 -5,417 -5,417 -51.89% -11.17% -2.23 0.00 0.20 -384.53% -92.78%
26-Feb-2020 31-Dec-2019 10,470 -1,027 -1,118 -1,118 -10.68% -2.10% -0.46 0.00 0.22 -150.61% 35.38%
27-Nov-2019 30-Sep-2019 19,827 2,724 2,209 2,209 11.14% 3.96% 0.91 0.00 0.23 295.66% 61.59%
30-Aug-2019 30-Jun-2019 11,057 -1,126 -1,129 -1,129 -10.21% -2.12% -0.47 0.00 0.22 59.82% 11.31%
Financial Year: 31-Mar-2019
31-May-2019 31-Mar-2019 12,948 -2,711 -2,810 -2,810 -21.70% -5.27% -1.16 0.00 0.22 -62.43% 7.81%
27-Feb-2019 31-Dec-2018 11,511 -1,591 -1,730 -1,730 -15.03% -2.97% -0.71 0.00 0.24 -226.55% -15.72%
29-Nov-2018 30-Sep-2018 19,836 1,902 1,367 1,367 6.89% 2.35% 0.56 0.00 0.24 207.38% 6.22%
30-Aug-2018 30-Jun-2018 10,891 -1,291 -1,273 -1,273 -11.69% -2.19% -0.52 0.00 0.24 58.23% 17.28%
Financial Year: 31-Mar-2018
31-May-2018 31-Mar-2018 15,158 -2,858 -3,069 -3,048 -20.25% -5.24% -1.26 0.00 0.24 -103.88% -531.12%
28-Feb-2018 31-Dec-2017 12,369 -1,281 -1,515 -1,495 -12.25% -2.37% -0.62 0.00 0.26 -216.16% -19.98%
29-Nov-2017 30-Sep-2017 19,093 1,634 1,273 1,287 6.67% 2.04% 0.53 0.00 0.26 183.63% -41.79%
28-Aug-2017 30-Jun-2017 11,892 -1,488 -1,554 -1,539 -13.07% -2.44% -0.64 0.00 0.26 -317.68% -26.88%
Financial Year: 31-Mar-2017
31-May-2017 31-Mar-2017 16,037 997 707 707 4.41% 1.12% 0.29 0.00 0.26 156.74% 146.91%
28-Feb-2017 31-Dec-2016 12,087 -1,166 -1,246 -1,246 -10.31% -1.98% -0.51 0.00 0.26 -156.35% 0.00%
30-Nov-2016 30-Sep-2016 19,726 2,372 2,211 2,211 11.21% 3.40% 0.92 0.00 0.27 282.28% 38.71%
26-Aug-2016 30-Jun-2016 12,194 -1,151 -1,213 -1,213 -9.95% -1.92% -0.50 0.00 0.26 19.51% 37.02%
Financial Year: 31-Mar-2016
30-May-2016 31-Mar-2016 18,025 -825 -1,507 -1,507 -8.36% -2.39% -0.63 0.00 0.26 -20.95% -306.44%
19-Feb-2016 31-Dec-2015 12,216 -1,124 -1,246 -1,246 -10.20% -2.74% -0.52 0.00 0.19 -178.17% 17.76%
23-Nov-2015 30-Sep-2015 19,085 1,702 1,594 1,594 8.35% 3.30% 0.66 0.30 0.20 182.76% -24.99%
24-Aug-2015 30-Jun-2015 11,730 -1,916 -1,926 -1,926 -16.42% -4.21% -0.80 0.00 0.19 -363.84% -153.42%

Posted by Good123 > 2022-03-01 12:22 | Report Abuse

CEO oversea makan tahi kot.., tertidur sejak 2016 kan? haha