This counter now controlled by permaju n lkl.. they r conman who will press to 1c ..collect all back then only goreng . After than announce news n dump to those who buy on news
This their usual tactic beside
Restructuring Pn17 Never submit report Etcetc black trick
GENERAL MEETINGS: Outcome of Meeting MERIDIAN BERHAD
Type of Meeting Extraordinary Indicator Outcome of Meeting Date of Meeting 22 Dec 2022 Time 10:00 AM
Venue(s) Online meeting platform (https://bit.ly/3guJidw) Level 5, Tower 8, Avenue 5, Horizon 2, Bangsar South City 59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur Malaysia
Outcome of Meeting On behalf of the Board of Directors of Meridian Berhad (“Meridian” or the “Company”), Malacca Securities Sdn. Bhd. wishes to announce that the shareholders of the Company had approved all the resolutions set out in the Notice of Extraordinary General Meeting (“EGM”) dated 30 November 2022, at the EGM of the Company held on 22 December 2022.
The resolutions were passed by way of poll and the results of the poll were validated by U Search Management Services, being the Independent Scrutineer appointed by the Company.
This announcement is dated 22 December 2022.
Voting Results
1. ORDINARY RESOLUTION 1 Description PROPOSED COLLABORATION BETWEEN MERIDIAN AND M101 HOLDINGS SDN BHD ("M101") TO FACILITATE THE LICENSE AGREEMENT FOR MERIDIAN'S DEVELOPMENT AND OPERATION OF A WATER PARK ("PROPOSED COLLABORATION") Shareholder’s Action For Voting Voted For Against No. of Shareholders 19 3 No. of Shares 329,013,726 3,001 % of Voted Shares 99.9991 0.0009 Result Accepted
2. ORDINARY RESOLUTION 2 Description PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,190,746,395 NEW ORDINARY SHARES IN MERIDIAN ("MERIDIAN SHARES" OR "SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 595,373,197 FREE DETACHABLE WARRANTS ("WARRANTS D") TO THE ENTITLED SHAREHOLDERS OF MERIDIAN, ON THE BASIS OF 10 RIGHTS SHARES TOGETHER WITH 5 WARRANTS D FOR EVERY 2 CONSOLIDATED SHARES (AS DEFINED HEREIN) HELD BY THE ENTITLED SHAREHOLDERS OF MERIDIAN ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS") Shareholder’s Action For Voting Voted For Against No. of Shareholders 15 6 No. of Shares 328,196,521 820,202 % of Voted Shares 99.7507 0.2493 Result Accepted
3. ORDINARY RESOLUTION 3 Description PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF MERIDIAN AND ITS SUBSIDIARIES ("MERIDIAN GROUP" OR THE "GROUP") TO INCLUDE LEISURE AND HOSPITALITY BUSINESSES ("PROPOSED DIVERSIFICATION") Shareholder’s Action For Voting Voted For Against No. of Shareholders 18 3 No. of Shares 329,013,722 3,001 % of Voted Shares 99.9991 0.0009 Result Accepted
4. ORDINARY RESOLUTION 4 Description PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTIONS SCHEME ("SCHEME") INVOLVING UP TO 15% OF THE TOTAL ISSUED SHARES (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME DURING THE DURATION OF THE SCHEME ("PROPOSED ESOS") Shareholder’s Action For Voting Voted For Against No. of Shareholders 16 6 No. of Shares 328,196,621 820,106 % of Voted Shares 99.7507 0.2493 Result Accepted
5. SPECIAL RESOLUTION 1 Description PROPOSED CONSOLIDATION OF EVERY 4 MERIDIAN SHARES INTO 1 CONSOLIDATED MERIDIAN SHARE ("CONSOLIDATED SHARE") ("PROPOSED SHARE CONSOLIDATION") Shareholder’s Action For Voting Voted For Against No. of Shareholders 15 6 No. of Shares 328,196,521 820,202 % of Voted Shares 99.7507 0.2493 Result Accepted
Announcement Info Company Name MERIDIAN BERHAD Stock Name MERIDIAN Date Announced 22 Dec 2022 Category General Meeting Reference Number GMA-21122022-00001 Corporate Action ID MY221221MEET0001
PERMAJU 0.050 (%) INVESTMENT IN MERIDIAN BERHAD ("MERIDIAN") PERMAJU INDUSTRIES BERHAD
Type Reply to Query Reply to Bursa Malaysia's Query Letter - Reference ID IQL-26102020-00003 Subject INVESTMENT IN MERIDIAN BERHAD ("MERIDIAN") Description PERMAJU INDUSTRIES BERHAD ("Permaju" or "the Company") - ADDITIONAL INFORMATION REQUIRED FOR INVESTMENT IN MERIDIAN Query Letter Contents We refer to your Company’s announcement dated 22 October 2020 in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
1. The net profits and net assets of Meridian based on its latest audited accounts.
2. Prospects of Meridian.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Yours faithfully
LISTING
REGULATION
Cc : Market Surveillance Dept., Securities Commission (via fax)
(The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the Company’s announcement made on 22 October 2020 in relation to the Investment)
Reference is made to the Company’s announcement made on 22 October 2020.
The Board of Directors of Permaju wishes to provide the following additional information:
1. The net profits and net assets of Meridian based on its latest audited accounts
Based on the latest audited results of Meridian for the year ended 31 December 2018, the net asset and net loss are RM117.965 million and RM23.328 million respectively.
2. Prospects of Meridian
Meridian currently is developing its flagship project, Malaysia Tourism City (“MTC”) at Kuala Linggi, Melaka. The ultimate goal for MTC is to increase the arrival of tourist and prolong the overnight stay. The project comprises of leisure and entertainment, commercial, retail and residential components. MTC will feature the world’s first Hasbro branded water-themed park, Asia’s largest weekend market and outdoor adventure park.
This project is located at Kuala Linggi, Melaka where is a well-known tourist destination. It is a perfect weekend getaway near Kuala Lumpur. The project is expected to boost consumer spending, increase tourist inflow as well as to encourage local business and employment opportunity. It is believed that Meridan and Permaju may benefit mutually should there be any business tie-up.
This announcement is dated 27 October 2020.
Announcement Info Company Name PERMAJU INDUSTRIES BERHAD Stock Name PERMAJU Date Announced 27 Oct 2020 Category General Announcement for PLC Reference Number GA1-27102020-00013
About the Company Founded Employees CEO Website 1993 n/a Seth Yap https://www.meda.com.my Meridian Berhad operates as a property development and investment company in Malaysia. It operates through Property Development, Construction, Property Investment, and Others segments. The company develops residential and commercial properties, as well as agricultural lots; undertakes construction contracts; and rents investment properties.
It is also involved in the cultivation of oil palm; provision of project management services; acting as a building contractor; and operation of car parks in commercial properties. The company was formerly known as Meda Inc. Berhad and changed its name to Meridian Berhad in March 2019. Meridian Berhad was founded in 1993 and is based in Kuala Lumpur, Malaysia.
Mr. Ting-Hau Yap, also known as Seth, has been the Chief Executive Officer of Meridian Berhad since July 31, 2019. Mr. Hau is the founder of M101 Holdings Sdn Bhd, and has businesses across various industries such as events and advertising, real estate and outsource banking. Mr. Hau has been an Executive Director of Meridian Berhad since June 13, 2018. He involved in the property sector started more than 14 years ago whereby he founded Jotex Industries Sdn Bhd, a property investment company. Since then, he had won many accolades in the property sector. He was Chairman of M101 CORP. (alternate name, Concept Holding Corp.) since July 5, 2017 until December 7, 2018. Mr. Hau holds LLB from University of Liverpool in 2001 and Barrister-at-law, Lincolns Inn.
Top 25 shareholders own 75.92% of the company Ownership Name Shares Current Value Change % Portfolio % 21.01% Permaju Industries Berhad 190,000,000 MYR4.8m 0% no data 16.67% Kon Lian Lim 150,695,909 MYR3.8m 0% no data 5.07% Ben Seng Tay 45,877,057 MYR1.1m 0% no data 5% Pasukhas Group Berhad 45,175,600 MYR1.1m 37.14% no data 3.58% Seng Teoh 32,389,624 MYR809.7k 42.12% no data 3.56% Ting-Hau Yap 32,195,199 MYR804.9k 0% no data 3.44% Koon Weng Lee 31,130,000 MYR778.3k -0.16% no data 3.1% Kok Keong Kong 28,000,000 MYR700.0k 0% no data 2.03% Sew Chuong Yeat 18,312,900 MYR457.8k 176.39% no data 1.99% Kwing Tiong 17,989,500 MYR449.7k -51% no data 1.27% Credit Suisse, Investment Banking and Securities Investments 11,522,600 MYR288.1k -63.04% no data 1.25% Kian You Ang 11,290,900 MYR282.3k 0% no data 1.25% Seng Aun Teoh 11,277,500 MYR281.9k 0% no data 1.2% Standard Chartered Bank, Asset Management Arm 10,808,900 MYR270.2k 0% 0.01% 1.08% Siew An 9,800,000 MYR245.0k -2.49% no data 0.91% Saudee Group Berhad 8,198,300 MYR205.0k 0% no data 0.89% LGT Capital Partners (FL) AG 8,004,300 MYR200.1k 0% no data 0.73% Aturan Prisma Sdn Bhd 6,590,400 MYR164.8k 89.38% no data 0.49% Guan Kie Neoh 4,412,100 MYR110.3k -52.07% no data 0.39% Geok Wah Ng 3,500,000 MYR87.5k 0% no data 0.28% Beng Kiat Tan 2,500,000 MYR62.5k 0% no data 0.25% Hock Soon Tay 2,244,000 MYR56.1k 0% no data 0.25% Seng Teoh 2,231,500 MYR55.8k 0% no data 0.25% Jee Yee Tan 2,220,000 MYR55.5k 0% no data 0.011% Boon Tang 100,000 MYR2.5k 0% no data
Company Analysis and Financial Data Status All financial data provided by Standard & Poor's Capital IQ. Data Last Updated (UTC time) Company Analysis 2023/01/26 00:00 End of Day Share Price 2023/01/26 00:00 Earnings 2022/09/30 Annual Earnings 2022/06/30
MULTIPLE PROPOSALS MERIDIAN BERHAD ("MERIDIAN" OR "COMPANY") (I) PROPOSED COLLABORATION; (II) PROPOSED SHARE CONSOLIDATION; (III) PROPOSED RIGHTS ISSUE WITH WARRANTS; (IV) PROPOSED DIVERSIFICATION; AND (V) PROPOSED ESOS (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS") MERIDIAN BERHAD
Type Announcement Subject MULTIPLE PROPOSALS Description MERIDIAN BERHAD ("MERIDIAN" OR "COMPANY")
(I) PROPOSED COLLABORATION; (II) PROPOSED SHARE CONSOLIDATION; (III) PROPOSED RIGHTS ISSUE WITH WARRANTS; (IV) PROPOSED DIVERSIFICATION; AND (V) PROPOSED ESOS
(COLLECTIVELY, REFERRED TO AS THE "PROPOSALS") This announcement is dated 27 January 2023.
Reference is made to the Company’s earlier announcements dated 2 August 2022, 1 September 2022, 6 September 2022, 28 October 2022 and 21 November 2022, circular to shareholders dated 30 November 2022 in relation to the Proposals (“Circular”) and outcome of extraordinary general meeting dated 22 December 2022. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Circular.
On behalf of the Board, Malacca Securities wishes to announce that the Collaboration Agreement in relation to the Proposed Collaboration had on 27 January 2023 become unconditional and effective.
Announcement Info Company Name MERIDIAN BERHAD Stock Name MERIDIAN Date Announced 27 Jan 2023 Category General Announcement for PLC Reference Number GA1-27012023-00011
Modus operandi of many loss making penny stocks 1. Directors fail in generating business profit 2. Show Multi year losses, multi quarter losses 3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition 4. Directors utilise most of the fund raised 5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue 6. Repeat step 1 to 5
Protect your capital, dont touch...hidden hand group? Hahaha
SAME CIPLAK SCHEME MULTIPLE PROPOSALS MERIDIAN BERHAD ("MERIDIAN" OR "COMPANY") (I) PROPOSED COLLABORATION; (II) PROPOSED SHARE CONSOLIDATION; (III) PROPOSED RIGHTS ISSUE WITH WARRANTS; (IV) PROPOSED DIVERSIFICATION; AND (V) PROPOSED ESOS (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS") MERIDIAN BERHAD
Type Announcement Subject MULTIPLE PROPOSALS Description MERIDIAN BERHAD ("MERIDIAN" OR "COMPANY")
(I) PROPOSED COLLABORATION; (II) PROPOSED SHARE CONSOLIDATION; (III) PROPOSED RIGHTS ISSUE WITH WARRANTS; (IV) PROPOSED DIVERSIFICATION; AND (V) PROPOSED ESOS
(COLLECTIVELY, REFERRED TO AS THE "PROPOSALS") This announcement is dated 8 February 2023.
Reference is made to the Company’s earlier announcements dated 2 August 2022, 1 September 2022, 6 September 2022, 28 October 2022, 21 November 2022, 27 January 2023 and 7 February 2023, circular to shareholders dated 30 November 2022 in relation to the Proposals (“Circular”) and outcome of extraordinary general meeting dated 22 December 2022. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Circular.
On behalf of the Board, Malacca Securities wishes to announce that the effective date for the implementation of the Proposed ESOS is on 8 February 2023.
Announcement Info Company Name MERIDIAN BERHAD Stock Name MERIDIAN Date Announced 08 Feb 2023 Category General Announcement for PLC Reference Number GA1-08022023-00018
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....
Tuyuyu
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Posted by Tuyuyu > 2022-02-17 13:54 | Report Abuse
Permaju dato chai is d operator
He links to menara lien hoe 60 companies
Speculative counter