Posted by sting79 > 2023-05-25 01:22 | Report Abuse

Because MOUs/collaborations/agreements/JVs/etc are so easily published with hundreds and thousands of millions in revenue, it is no surprise that the process to re-list would be simple as well, unless there are prior legal implications such as directors went to jail for fraud.

Regardless who the insiders are, I doubt these 'stuck' money can be thrown to the sea so easily like those institution powerhouses such as EPF, Tabung Haji etc. Coupled with the sudden termination/delayed of MOUs at the same time, again it is no surprise the de-list could happen first, then re-list again. What more is worst than being de-listed so that the most stubborn stain in toilet bowls can be washed away?

Posted by linheng > 2023-06-01 08:23 | Report Abuse

Stock
[AGES] AGESON BERHAD
Announcement Date
31-May-2023 - Why still got results annouced?

Posted by whistlebower99 > 2023-06-07 11:40 | Report Abuse

AGESON BERHAD ("AGESON" OR "COMPANY")

(I) PROPOSED INTERNAL REORGANISATION; AND
(II) PROPOSED ESOS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors (“Board”) of Ageson, TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:

(i) proposed internal reorganisation by way of a members’ scheme of arrangement under Section 366 of the Companies Act 2016 (“Act”) (“Scheme”) comprising the following:

(a) proposed share exchange of up to 565,941,589 ordinary shares in Ageson (“Ageson Share(s)”) as at 31 March 2023, being the latest practicable date prior to the date of this announcement (“LPD”), representing the enlarged issued share capital of Ageson assuming full conversion of all the outstanding Ageson ICPS (as defined herein), with up to 565,941,589 new ordinary shares in Afton Berhad (“Afton”) (“Afton Share(s)”) on the basis of 1 new Afton Share for every 1 existing Ageson Share held on an entitlement date to be determined later (“Entitlement Date”) (“Proposed Exchange of Shares”);

(b) proposed share exchange of up to 254,281,099 irredeemable convertible preference shares (“ICPS”) in Ageson (“Ageson ICPS”) as at the LPD, representing all the outstanding Ageson ICPS, with up to 254,281,099 new ICPS in Afton (“Afton ICPS”) on the basis of 1 new Afton ICPS for every 1 existing Ageson ICPS held on the Entitlement Date (“Proposed Exchange of ICPS”); and

(c) proposed assumption of the listing status of Ageson by Afton, the admission of Afton to, and withdrawal of Ageson from the Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”) with the listing of and quotation for all Afton Shares and Afton ICPS on the Main Market of Bursa Securities (“Proposed Transfer of Listing Status”).

The Proposed Exchange of Shares and the Proposed Exchange of ICPS are collectively referred to as the “Proposed Share Exchange” while the Proposed Share Exchange and the Proposed Transfer of Listing Status are collectively referred to as the “Proposed Internal Reorganisation”; and

(ii) proposed establishment of an employees’ share option scheme (“ESOS”) of up to 15% of the total number of issued Afton Shares (excluding treasury shares, if any) at any point in time during the duration of the ESOS for the eligible executive directors and employees of Afton and its subsidiaries, excluding dormant subsidiaries and foreign subsidiaries incorporated out of Malaysia, if any, who fulfil the eligibility criteria as set out in the by-laws of the ESOS (“Proposed ESOS”) upon the completion of the Proposed Internal Reorganisation.

In conjunction with the Proposed Internal Reorganisation, on 7 April 2023, Ageson had entered into a conditional scheme agreement with Afton for the purpose of the implementation of the Proposed Internal Reorganisation.

Please refer to the attachment for further details on the Proposals.

This announcement is dated 7 April 2023.

Please refer attachment below.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3342861

=================
On behalf of the Board of Ageson, TA Securities wishes to announce that the listing application in relation to the Proposals has been submitted to Bursa Securities on 2 June 2023.

This announcement is dated 2 June 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359450

==============
A little hope for share holders

Posted by Lenny2k2 > 2023-06-09 16:45 | Report Abuse

can Ages make it or another false hope

Posted by cicakman > 2023-06-15 14:10 | Report Abuse

This is rubbish counters told you before but degil dont want listen

Posted by Victim1 > 2023-08-03 12:04 | Report Abuse

Tukar nama sambung tipu investor

Posted by Citadel12 > 2023-08-03 13:41 | Report Abuse

last time many supporters one, where all the sor chai

Posted by w0nderfultime > 2023-08-08 16:16 | Report Abuse

What hope? nothing is left here hahaha

Posted by Min6262 > 2023-08-10 15:42 | Report Abuse

Hi all, i just accept job offer in Ageson Softcode Sdn Bhd, so is it this company stable??

Posted by speakup > 2023-08-10 21:14 | Report Abuse

if they pay u well and salary on time means good lor
otherwise bad lor

Posted by hoowk77 > 2023-08-24 22:36 | Report Abuse

Hi anything new from EGM?

Posted by Victim1 > 2023-08-25 00:53 | Report Abuse

All same, afton a new register company with RM 2 can buy a listed company and allow the executive director to same person? Another victim identity is used again, pity to the afton director or he also don't know he open this company.

Posted by BLACKHOLEJACKMA > 2023-09-01 16:57 | Report Abuse

lol good at your job, Ageson got no future left

Posted by NorAfan > 2023-09-05 21:01 | Report Abuse

What happen to Ageson's page? Why became like that? No price, no trading volume showing up?

Posted by yongyong88 > 2023-09-18 11:22 | Report Abuse

total loss. Lessons learnt

Posted by hoowk77 > 2023-09-19 13:20 | Report Abuse

wait for annual report to be submitted by OCT

Posted by CatRebound > 2023-09-21 12:05 | Report Abuse

See DATAPREP directors got reprimanded... wonder why nothing for AGESON bosses on fishy dealings......

Posted by ThunderZX > 2023-09-29 16:57 | Report Abuse

sooner or later... wait for it...

Posted by hoowk77 > 2023-10-17 14:43 | Report Abuse

so far positive, waiting for AR

Posted by PeterMK28 > 2023-10-24 18:49 | Report Abuse

Dato Sri Larry Liew Kok Leong is using fake Dato Sri title. Why SC and Bursa allow them to cheat to share holder? They never do KYC to all director? SC and Bursa so lousy. Only protect the rich.




https://www.istiadat.gov.my/semakan-penerima-darjah-kebesaran-bintang-dan-pingat/

Liew Kok Leong name cannot search in the official Pingat website.

Larry Liew Kok Leong only got Dato from Pahang. Never get any Dato Sri. But he has claim himself Dato Sri since 2020

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3067591

This is public cheat. Why Bursa allow listed company director cheat to public. Larry Liew Kok Leong use fake Dato Sri to cheat credibility from public.

https://www.thestar.com.my/news/nation/2023/05/01/council-lodges-police-reports-over-people-with-fake-datuk-datuk-seri-and-tan-sri-titles

How can we report this fake Dato Sri Liew Kok Leong ? Can we write in to SC or Bursa?

Posted by Victim1 > 2023-10-25 12:39 | Report Abuse

Complaints at istiadat istana the Royal department will take action

Posted by PeterMK28 > 2023-10-25 16:08 | Report Abuse

https://istiadat.spab.gov.my/eApps/sdmscasepool/SdmsCasePool/add.do

Thanks Victim1, I found the link and did my complain. Others can please help to submit your complain as well? Hopefully more people complain, authority can take it seriously. I will email my complain to Bursa and SC as well.

Bursa Complaint
https://bursa2u.bursamalaysia.com/

SC Complaint
https://www.sc.com.my/investor-empowerment/lodge-a-complaint/capital-market-service-related-complaints

Posted by Victim1 > 2023-10-28 14:21 | Report Abuse

https://www.nst.com.my/amp/news/crime-courts/2023/02/878293/company-director-datuk-seri-title-claims-trial-using-fake-invoices

https://www.facebook.com/255057814552667/posts/pfbid07RPvAwPW5bYp2YhbXFmFAJYacYDWsqd1Gjbw67RcTSPdzxrPTjgWaMTh2fFcGHeBl/?mibextid=cr9u03

Posted by Victim1 > 2023-10-28 14:22 | Report Abuse

1st Nov start hearing, anyone can contact media go court for this case?

Posted by Victim1 > 2023-10-31 01:47 | Report Abuse

Some people thinking using cheating money from people to cover his criminal, let's see at court with strong evidence passing to dpp in front of yg arif judge and will show the new criminal case to court that going to charge. People want to kill you then die together.

Posted by sting79 > 2023-11-01 09:44 | Report Abuse

Ageson Bhd’s external auditor, Jamal, Amin & Partners is unable to provide a basis for an audit opinion on the company’s audited financial statements for the 18-month financial period ended Dec 31, 2022 (FY2022) as the group has failed to provide sufficient appropriate audit evidence.
In a local bourse filing on Tuesday, the builder-cum-property developer said it expects to resolve the issue relating to the disclaimer of opinion within the next financial year.

After submitted 2022 annual report to resume trading, there is still the issue of insufficient audit opinion. Top 1 bottom valued stock with negative news after news, take care in trading such stocks. There are many other way better stocks to punt out there.

Posted by sting79 > 2023-11-01 09:51 | Report Abuse

A 16 million valued company (capital market) that can generate revenue of ~500 million in 2022 -- no wonder auditor also cannot provide sufficient audit evidence.

Posted by eatsmall > 2023-11-01 14:50 | Report Abuse

fLY mannn..

Posted by Mar2083 > 2023-11-01 15:01 | Report Abuse

Potentially may back to 20sen soon

Posted by AztDynt99 > 2023-11-01 15:20 | Report Abuse

Last time Serba, after lifted...up and up....

Posted by MACD > 2023-11-01 15:26 | Report Abuse

if it can go to 0.11 past resistance will be good

Posted by MACD > 2023-11-01 16:38 | Report Abuse

Tf 15 just started bull
If h4 bull too can consider buy

Posted by PepGuardiola > 2023-11-01 17:04 | Report Abuse

Flyyyy

Posted by linheng > 2023-11-01 17:04 | Report Abuse

Money droping from SKY. Thanks to doomsday man

Posted by momochick > 2023-11-01 17:05 | Report Abuse

standby!!!

Posted by PepGuardiola > 2023-11-01 17:05 | Report Abuse

Good company background or not to fly

Posted by BLee > 2023-11-02 07:13 | Report Abuse

One important info reported in AR2022 to digest:

"The Group however, posted a loss before taxation of RM 102.19 million due to the higher operating expenses attributable primarily to the non-cash impairment accounting adjustments on assets such as other receivables and goodwill on acquisition during the financial period under review. These adjustments were reflected based on management’s fair assessment on a subdued economic outlook in the near future on prudent grounds.
Without all these non-cash accounting adjustments, the Group would have reported a profit before taxation of RM90.42 million on the back of robust revenue contribution from the trading of construction materials, these however was mitigated by a higher depreciation as a result of acquisitions of fixed assets during the period ended 2022."

Recovered most of my 'paper loss' as I have been collecting AGES-PA at 0.005 before suspension; happy trading and TradeAtYourOwnRisk.

Posted by curiousq > 2023-11-02 09:29 | Report Abuse

kanger II

Posted by Winer21 > 2023-11-02 10:24 | Report Abuse

Any time double today

Posted by Nhamir > 2023-11-02 12:49 | Report Abuse

Ageson falls under PN17 thestar.com

will new under pn17 bursa geng

KUALA LUMPUR: Ageson Bhd is now a Practice Note 17 (PN17) company, making it the 24th admission in the list.

Bursa Malaysia Securities Bhd (Bursa Securities) said Ageson has triggered the criteria pursuant to Paragraph 2.1(e) of PN17 of the Main Market Listing Requirements of Bursa Securities.

“Bursa Securities would like to emphasise that it will continue to monitor the progress of Ageson in respect of its compliance with the Main Market Listing Requirements,” Bursa Securities said in a statement.

In a filing on Oct 31, Ageson’s external auditor, Messrs. Jamal, Amin & Partners, have expressed a disclaimer of opinion in the company’s audited financial statements for the 18-month financial period ended Dec 31, 2022.

Ageson closed up 150%, or 4.5 to 7.5 sen with 86.44 million shares traded.

Posted by MACD > 2023-11-02 15:41 | Report Abuse

Accumulating…

Posted by hoowk77 > 2023-11-05 15:41 | Report Abuse

What's next guys, is it still good to go! Let's make some bucks

Posted by linheng > 2023-11-06 05:58 | Report Abuse

Account don't allow buy. Zero value

Posted by TCH1186 > 2023-11-06 19:27 | Report Abuse

Those comment here must be sangkut. Either 7.5 or 7c. Those stuck just wait for a white knight to save this stock like Eatech. Eatech PN17 can survive because of it. Hehehe

Posted by eatsmall > 2023-11-20 14:56 | Report Abuse

still cannot pecah 8sen

Posted by whistlebower99 > 2023-11-21 11:14 |

Post removed.Why?

Posted by eatsmall > 2023-11-21 17:25 | Report Abuse

LANGsat betullllllll...

Posted by Winer21 > 2023-11-21 18:28 | Report Abuse

Tomorrow 0.055 cents

Posted by hoowk77 > 2023-11-30 12:33 | Report Abuse

Is anything new at AGM?

Posted by hoowk77 > 2023-11-30 12:34 | Report Abuse

Quarterly result