Posted by harvest18 > 2022-02-04 14:04 | Report Abuse

Company is undervalued but directors have no skill to realise these values.

Posted by Bmw X5 > 2022-02-07 22:17 | Report Abuse

The Proposed Private Placement is expected to result in an interest saving of
approximately RM0.98 million per annum and hence have a positive impact on the Group’s
financial position in the future.
Premised on the above, the Board is of the view that the Proposed Private Placement will facilitate
the Group to maintain its creditworthiness with its lenders for the continued availability of credit
facilities to fund its business operations which is expected to improve the business and financial
performance of the Group and thus enhance the shareholders’ value in the future.
2.2
Adequacy of the Proposed Private Placement in addressing the Company’s financial concerns
The Proposed Private Placement will enable the Group to raise additional funds from third party
investor(s) expeditiously for the purposes as set out in Section 3 of the Announcement. As at 30
September 2021, the Group has approximately RM141.80 million in cash and bank balances
(inclusive of deposits pledged with financial institution) which will be sufficient to meet its shortterm obligations. Although the Proposed Private Placement will not substantially turn around the
Group’s financial performance, it is adequate at this juncture as an interim measure to reduce the
Group’s existing indebtedness and ensure business continuity is not affected by cash flow
constraints.
As disclosed in Section 5.8 of the Announcement, the Group has undertaken and is undertaking
various measures to improve its financial performance and strengthen its financial position amid
the challenging environments faced by the hospitality and tourism industry as well as the retail
industry in particular. These include, amongst others, the implementation of various cost cutting
measures by the Group, the Proposed Disposal, the opening of new experiential retail store by
Metrojaya at LaLaport BBCC in Kuala Lumpur tentatively in the second quarter of 2022 and the
Proposed A&W Acquisition.
Hence, the Board is of the view that these concerted measures coupled with the efforts to pare down
bank borrowings via the proceeds from the Proposed Private Placement and further fund raising
exercises in the future, if necessary, will support the Group’s aim to strengthen its financial
performance and financial position in the long term.
This announcement is dated 7 February 2022

Posted by Zoom > 2022-02-08 15:43 | Report Abuse

bagus?

Posted by kkp999 > 2022-02-10 13:38 | Report Abuse

this 10% pp with the price of 0.065 only able to raise 19m. they are diluting our shareholding
scam

Posted by alenac > 2022-02-10 13:46 | Report Abuse

This counter is like Berjaya Corp/ Bjland Bhd no punters and institutions trust the owners of the companies.

Posted by Zoom > 2022-02-10 16:15 | Report Abuse

this company young director like conman?

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

noob ooperator....

Posted by bobvic96 > 2022-03-03 22:12 | Report Abuse

Unsteady ConPipi - please your comments:

https://www.theedgemarkets.com/article/mui-proposes-capital-reduction-erase-rm31b-losses-balance-sheet

Posted by firehawk > 2022-03-03 23:52 | Report Abuse

Nothing changed, except account figures change column :-)

Posted by chinaman > 2022-03-08 18:51 | Report Abuse

Borders to reopen on April 1, says PM

Posted by beyond2288 > 2022-03-09 11:43 | Report Abuse

Why mui going down at 0:055 no support buy back share director?

Posted by beyond2288 > 2022-03-09 12:35 | Report Abuse

selling asset mui property to cover coss expenses

Posted by Faiza > 2022-03-09 12:40 | Report Abuse

capital reduction share to 100M, small cap, easy to goring

Posted by beyond2288 > 2022-03-10 15:50 | Report Abuse

0:095-0:10 will take a time to go back may be end of the year

Posted by The_JQuestion > 2022-03-10 15:57 | Report Abuse

i eat their crispy its a cheap kid chocolate .... cheap ver of kitkat
metrojaya is long dead LOL...this kind of store quite obsolute already

Posted by beyond2288 > 2022-03-10 17:54 | Report Abuse

0:075 - 0:08

Posted by beyond2288 > 2022-03-28 14:04 | Report Abuse

quickly to goreng back 0:25 sen please ceo muigrop

Posted by beyond2288 > 2022-04-01 16:23 | Report Abuse

0:095-0:1O rebound

Posted by beyond2288 > 2022-04-05 14:16 | Report Abuse

0:095 coming soon

Posted by Bmw X5 > 2022-04-06 14:48 | Report Abuse

6.5 mil done at 0.055...confirm insider collecting

Posted by dompeilee > 2022-04-10 08:52 | Report Abuse

Bankrap...asset 'rich' but debt laden....lots of unmonetisable hotels & resorts with minimal cashflow.

Posted by dompeilee > 2022-04-10 09:13 | Report Abuse

Dug up my old records to check: surprised to rediscover that I bought 25k MUI @ 20c in 2014 & then SOLD on the way up from 21.5c to 28.5c, earning $632.24, selling down to zero shares.

Posted by Bmw X5 > 2022-05-12 17:16 | Report Abuse

Big fish collecting ....get ready

Posted by Bmw X5 > 2022-05-13 16:48 | Report Abuse

Take over very likely

Posted by Bmw X5 > 2022-05-15 11:23 | Report Abuse

Court case dismissed ...Business as usual .

Posted by ocbc > 2022-05-24 15:11 | Report Abuse

court case dismissed ??

Posted by Bmw X5 > 2022-05-26 16:57 | Report Abuse

Major SH disposing 10mils of share daily...why SC no announcement ?

Posted by Bmw X5 > 2022-05-27 13:48 | Report Abuse

Who is silently collecting at 0.055? Major announcement soon ?

Posted by Bmw X5 > 2022-05-27 18:23 | Report Abuse

One less useless and incompetents bugger to leach sh !

Posted by Bmw X5 > 2022-05-27 21:29 | Report Abuse

Less one BoD , who is next ?

Posted by ocbc > 2022-07-25 08:23 | Report Abuse

why pp ?

Posted by kkp999 > 2022-07-25 19:19 | Report Abuse

to dilute small investor shareholding

Posted by Bmw X5 > 2022-08-12 19:17 | Report Abuse

Useless...don't buy into a trap

Posted by mui6666 > 2022-08-24 13:17 | Report Abuse

No point selling assets on a piecemeal basis to pay interest. CEO should show more imagination. Otherwise just take the company private.

Posted by chinaman > 2022-08-25 13:03 | Report Abuse

Another nenek counter...named ah moi but move like nenek very kiam siap...not easy to get angpao from nenek

Posted by jack2 > 2022-09-02 15:33 | Report Abuse

winter period, all sharky in hibernation

Posted by ocbc > 2022-09-02 16:45 | Report Abuse

Young ceo doing better hopefully

Posted by mui6666 > 2022-09-03 01:06 | Report Abuse

London property booming. If this CEO has any brains, he should do the obvious instead of just being happy with his salary.

Posted by chinaman > 2022-09-24 13:53 | Report Abuse

Piratisation on the way?

Posted by OB1234 > 2022-09-24 15:42 | Report Abuse

Very surprised that the company is still not taken private. Dysfunctional bunch.

Posted by Michael Kwok > 2022-10-21 15:53 |

Post removed.Why?

Posted by kkp999 > 2022-11-07 11:55 | Report Abuse

Big volume trading at 90c 95c for few weeks already, when are they gonna push beyond

Posted by beinvested > 2022-11-08 17:15 | Report Abuse

Now known to me, it controlled A&W. Not bad.

Posted by fl888 > 2022-11-17 10:48 | Report Abuse

If PH wins,cannot buy at 10cts …

Posted by tomwah > 2022-11-22 12:05 | Report Abuse

watch out

Posted by Siang9282 > 2022-11-22 14:44 | Report Abuse

ASB

Posted by julian1981 > 2022-11-22 15:31 | Report Abuse

ASB lai lai..0.3 today

Posted by PennyStock123 > 2022-11-22 15:51 | Report Abuse

this counter linked to DSAI...

Posted by PennyStock123 > 2022-11-22 15:51 | Report Abuse

https://www.theedgemarkets.com/article/investors-roll-dice-politicallylinked-stocks

Posted by Siang9282 > 2022-11-23 22:11 | Report Abuse

https://fb.watch/gZUm4Z04ao/