SAUDIGOLD GROUP BERHAD

KLSE (MYR): SG (5157)

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Last Price

0.02

Today's Change

0.00 (0.00%)

Day's Change

0.015 - 0.02

Trading Volume

333,200


5 people like this.

4,796 comment(s). Last comment by Good123 1 week ago

stockraider

31,556 posts

Posted by stockraider > 2021-12-15 18:11 | Report Abuse

Classic way of konning loh!

Posted by whistlebower99 > Dec 15, 2021 4:42 PM | Report Abuse

NON STOP FUND RAISING VIA SHARE ISSUANCE

Types of corporate proposal Private Placement
Details of corporate proposal Private Placement of up to 143,217,500 new ordinary shares in SAUDEE
No. of shares issued under this corporate proposal 74,217,500
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0528
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 867,572,319
Issued Share Capital ($$) Malaysian Ringgit (MYR) 155,120,970.720
Listing Date 16 Dec 2021

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

Types of corporate proposal ESOS
Details of corporate proposal Exercise of ESOS
No. of shares issued under this corporate proposal 20,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0585
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 887,572,319
Issued Share Capital ($$) Malaysian Ringgit (MYR) 156,290,970.720
Listing Date 16 Dec 2021

==============================
Directors keep issuing new shares to ESOS and PP to raise more fund
Dilution to existing shareholders equity and EPS
NOSH increase toward billion shares soon

Posted by whistlebower99 > 2021-12-16 14:53 | Report Abuse

Beware of right hand left hand transactions to generate volume to attract newbies into the game.

Trade wisely, set realistic target

Posted by nasrulfahmi > 2021-12-16 15:47 | Report Abuse

volume very good

Posted by whistlebower99 > 2021-12-16 16:17 |

Post removed.Why?

Posted by dianatrader > 2021-12-16 17:32 | Report Abuse

More than 50 million trades = no movement?

SAUDEE GROUP BHD

Last Price Today's Change Day's Range Trading Volume
0.06 0.00 (0.00%) 0.055 - 0.065 52,552,200

Winer21

913 posts

Posted by Winer21 > 2021-12-16 19:48 | Report Abuse

Tomorrow morning 0.07cents

Posted by amirulashrafsaham > 2021-12-16 19:52 | Report Abuse

0.51 okaylaa

Posted by BenjaminBucks > 2021-12-16 19:55 | Report Abuse

All good, alright

Posted by briankhoo96 > 2021-12-16 20:06 | Report Abuse

Steadyyy

Legend

4,119 posts

Posted by Legend > 2021-12-16 20:28 | Report Abuse

0.04

Posted by whistlebower99 > 2021-12-16 20:30 | Report Abuse

PRIVATE PLACEMENT OF UP TO 143,217,500 NEW ORDINARY SHARES IN SAUDEE, REPRESENTING UP TO APPROXIMATELY 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

On behalf of the Board, Mercury Securities wishes to announce that the Private Placement has been completed following the listing and quotation of 74,217,500 Placement Shares, being the second and last tranche of the Private Placement, on the Main Market of Bursa Securities on 16 December 2021. The Company wishes to inform that a total of 143,217,500 Placement Shares have been issued under the Private Placement.

This announcement is dated 16 December 2021

=====
PP completed
Time to see how the directors utilize the fund to benefit the company and shareholders.
Time for directors to focus on business profit generation instead easy fund raising via shares issuance.

======

TAYOR

JoyReyzal

356 posts

Posted by JoyReyzal > 2021-12-16 20:45 | Report Abuse

ada harapan minggu nie....

CITADEL

1,867 posts

Posted by CITADEL > 2021-12-16 20:48 | Report Abuse

haha dump all the esos 0.0585 to 0.06 idddiooott ikan bilis buyer

JoyReyzal

356 posts

Posted by JoyReyzal > 2021-12-16 20:49 | Report Abuse

seminggu dua nie pasaran betul² mencabar...

Risk Trader

3,942 posts

Posted by Risk Trader > 2021-12-17 00:01 | Report Abuse

List of stock to be capital reduction for 10 to1

ZackAz

350 posts

Posted by ZackAz > 2021-12-17 00:17 | Report Abuse

Hmmm lama xjoin sini

ZackAz

350 posts

Posted by ZackAz > 2021-12-17 00:17 | Report Abuse

Ok ke?

ZackAz

350 posts

Posted by ZackAz > 2021-12-17 00:17 | Report Abuse

Macam sama je

ZackAz

350 posts

Posted by ZackAz > 2021-12-17 00:17 | Report Abuse

Xberubah lagi

ZackAz

350 posts

Posted by ZackAz > 2021-12-17 00:17 | Report Abuse

Esok dah jumaat

ZackAz

350 posts

Posted by ZackAz > 2021-12-17 00:17 | Report Abuse

Harap ada sinar baru

StockAz

392 posts

Posted by StockAz > 2021-12-17 00:34 | Report Abuse

What had happened

StockAz

392 posts

Posted by StockAz > 2021-12-17 00:34 | Report Abuse

To saudee guys

StockAz

392 posts

Posted by StockAz > 2021-12-17 00:34 | Report Abuse

Tremendously counter

StockAz

392 posts

Posted by StockAz > 2021-12-17 00:35 | Report Abuse

In my thought

StockAz

392 posts

Posted by StockAz > 2021-12-17 00:35 | Report Abuse

Stay the same

StockAz

392 posts

Posted by StockAz > 2021-12-17 00:35 | Report Abuse

Please do something

StockAz

392 posts

Posted by StockAz > 2021-12-17 00:35 | Report Abuse

For the sake of traders

sunsetbiz

770 posts

Posted by sunsetbiz > 2021-12-17 11:15 | Report Abuse

sabar for 2c only...wont get wrong for it

Posted by KulaanNiring > 2021-12-17 15:46 | Report Abuse

not a very good week

Posted by KulaanNiring > 2021-12-17 15:52 | Report Abuse

hopefully next week will bring something

Posted by whistlebower99 > 2021-12-17 15:58 | Report Abuse

Volume generation by operator to attract newbies into the game?

Quarterly financial report due to be release this month.
Last 2 years of losses
https://www.klsescreener.com/v2/stocks/view/5157/saudee-group-berhad


Be careful of one day show

Trade wisely, set realistic target

Posted by whistlebower99 > 2021-12-17 17:45 | Report Abuse

SAUDEE GROUP BERHAD ("SAUDEE" OR "THE COMPANY") - PROPOSED ACQUISTION OF PROPERTY BY PERUSAHAAN SAUDEE SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY

Saudee Group Berhad (“SAUDEE” or the “Company”) is pleased to announce that its wholly owned subsidiary, Perusahaan Saudee Sdn. Bhd. has on 17 December 2021 entered into a Sale and Purchase Agreement (“Agreement”) with Stocks N Options Sdn. Bhd. [Company No. 200301024491 (626911-H)] for purchase of one unit of four and a half storey shoplot as further defined in Section 4 of this announcement, for a total purchase consideration of Ringgit Malaysia Seven Million and Three Hundred Thousand (RM7,300,000.00) only, upon the terms and conditions as stipulated in the Agreement (“Proposed Acquisition of Property”).

Please refer to the attached for further details.

This announcement is dated 17 December 2021.

Please refer attachment below.


https://www.klsescreener.com/v2/announcements/view/3476231

======================
RATIONALE FOR THE PROPOSED ACQUISITION OF PROPERTY

The Company intends to venture downstream into the food and beverage sector. In this
connection, the Company intends to use the Property as a Saudee concept store to create
brand awareness and reinforce the brand positioning of its products through marketing and
advertisement.

With the concept store, the Company will have an outlet to introduce and promote new products of the Saudee Group as well as for marketing activities as to increase its sales revenue through retail sales from the outlet.

==================
BASIS AND JUSTIFICATION IN ARRIVING AT THE PURCHASE PRICE

The Purchase Price is based on the arm-length transaction with a series of negotiation with
the Vendor. The price is at willing buyer and willing seller based on the average advertised
market value of properties nearby the Property. The average advertised market price of
property in the surrounding area is about RM1,480 per square feet compared to the Property
purchased by the Company which is valued at RM1,235 per square feet.

====================
Directors utilise the company fund to purchase a one unit of four and a half storey shoplot.

Why not rent first ?
Company cash rich, so just spend and buy.

======================
When company fund runs low, expect directors to raise more fund by share issuance and cause more dilution to shareholders equity and EPS

=====================
So much for the volume of transactions of last few day ?

TAYOR

ZackKiddo

387 posts

Posted by ZackKiddo > 2021-12-17 22:09 | Report Abuse

Saudee last month ok

ZackKiddo

387 posts

Posted by ZackKiddo > 2021-12-17 22:09 | Report Abuse

Bulan ni cam teruk

ZackKiddo

387 posts

Posted by ZackKiddo > 2021-12-17 22:10 | Report Abuse

Tiap minggu lebih kurang sama

ZackKiddo

387 posts

Posted by ZackKiddo > 2021-12-17 22:10 | Report Abuse

Tak berubah atau

ZackKiddo

387 posts

Posted by ZackKiddo > 2021-12-17 22:10 | Report Abuse

Menurun sangat

ZackKiddo

387 posts

Posted by ZackKiddo > 2021-12-17 22:10 | Report Abuse

Xde dagangan gayanya

Posted by briankhoo96 > 2021-12-18 10:52 | Report Abuse

All the same huh

Posted by amirulashrafsaham > 2021-12-18 10:58 | Report Abuse

Apa la nak jadi

Posted by amirulashrafsaham > 2021-12-18 10:58 | Report Abuse

Takde perubahan hm

Posted by BenjaminBucks > 2021-12-18 11:03 | Report Abuse

Sabar sabar

Posted by BenjaminBucks > 2021-12-18 11:03 | Report Abuse

Semua sama je

Posted by dianatrader > 2021-12-18 15:20 | Report Abuse

70 million trades without any increment?

What a movie

Loh Kok Wai W

3,717 posts

Posted by Loh Kok Wai W > 2021-12-18 22:32 | Report Abuse

getting smaller....25=1...like lambo.

Winer21

913 posts

Posted by Winer21 > 2021-12-19 20:15 | Report Abuse

Wait loh .
Next month this counter 0.035 cents.

Posted by whistlebower99 > 2021-12-20 12:17 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
SAUDEE GROUP BERHAD

Particulars of substantial Securities Holder
Name FOCUS DYNAMICS GROUP BERHAD

1 15 Dec 2021 3,000,000 Acquired Indirect Interest

2 16 Dec 2021 7,000,000 Acquired Indirect Interest

Acquisition of shares from open market via Focus Dynamics Centre Sdn. Bhd., a wholly owned subsidiary.

Direct (units)
Direct (%)
Indirect/deemed interest (units) 162,050,000
Indirect/deemed interest (%) 18.263
Total no of securities after change 162,050,000
Date of notice 17 Dec 2021
Date notice received by Listed Issuer 17 Dec 2021

https://www.klsescreener.com/v2/announcements/view/3476525

======================
Penny stock big brother FOCUS, continue to increase stake in penny stock SAUDEE


Be aware the latest trend in BURSA, low price penny stocks investing/speculating in other low price penny stocks.

======================
Trade wisely, set realistic target

sunsetbiz

770 posts

Posted by sunsetbiz > 2021-12-20 14:41 | Report Abuse

first 2c meet and which the next...:)

Posted by whistlebower99 > 2021-12-20 15:45 |

Post removed.Why?

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