PRG HOLDINGS BERHAD

KLSE (MYR): PRG (7168)

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Last Price

0.085

Today's Change

-0.005 (5.56%)

Day's Change

0.085 - 0.09

Trading Volume

680,000


6 people like this.

2,764 comment(s). Last comment by stncws 1 day ago

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-05-21 09:59 | Report Abuse

new player new hope

Monday, 23 Mar 2020

6:22PM PRG NG YAN CHENG (28,987,000 units Acquired)

Posted by insidertiptip > 2020-05-21 10:01 | Report Abuse

my prediction only... PRG akan tutup in 2020! cabut...

Posted by insidertiptip > 2020-05-21 10:10 | Report Abuse

Victor Yong, are you PRG PR here??? promoting worthless toilet papers here????

Posted by spielmacher > 2020-05-21 10:17 | Report Abuse

Be realistic, not even 20 sen in next few weeks. But it wont go lower than 15 sen. So i keep hold it till magic happens.

tan5995

230 posts

Posted by tan5995 > 2020-05-21 11:09 | Report Abuse

how good new team also cant save this lousy company, HaHaHa !

KG1967

409 posts

Posted by KG1967 > 2020-05-21 11:23 | Report Abuse

get away la

EagleEye

499 posts

Posted by EagleEye > 2020-05-22 01:29 | Report Abuse

this company when boom, all will come...
just wait for time, now time being all at glove counter, then oil & gas... plantations.... property...
sooner will come

Zahra2016

102 posts

Posted by Zahra2016 > 2020-05-29 15:50 | Report Abuse

Bila mau jln ini kaunter??

Zahra2016

102 posts

Posted by Zahra2016 > 2020-05-29 20:42 | Report Abuse

Qr bila kluar?

ashmira

330 posts

Posted by ashmira > 2020-05-29 23:43 | Report Abuse

Will it go back to 0.75? damn la this counter. slow2 go down. i thought 0.170 is a good price to buy. Lucky only got 25k Unit. It support line is 0.55. haha. Prepare another 25K unit when its drop 0.55. Hopefully it will not go delisted.

ashmira

330 posts

Posted by ashmira > 2020-05-29 23:46 | Report Abuse

But It's ok not much to burn if something happen. just 3 - 4K. Gamble.

ViWizard

780 posts

Posted by ViWizard > 2020-05-30 15:30 | Report Abuse

annual report saw new shareholder kho sau hong .
new owner?

kfliau

1,977 posts

Posted by kfliau > 2020-06-02 17:27 | Report Abuse

@keychain welcome back. I have a strong feeling next week prg will start to move up

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-03 00:01 | Report Abuse

something is very strange


01-Jun-2020 Audit Committee Member of Audit Committee Resignation - DATUK DR WONG LAI SUM on 01-Jun-2020.
01-Jun-2020 Board Member Independent Director Resignation - DATUK DR WONG LAI SUM on 01-Jun-2020.
01-Jun-2020 Nomination Committee Member of Nomination Committee Resignation - WONG LAI SUM on 01-Jun-2020.
01-Jun-2020 Remuneration Committee Chairman of Remuneration Committee Resignation - WONG LAI SUM on 01-Jun-2020.

EagleEye

499 posts

Posted by EagleEye > 2020-06-04 21:47 | Report Abuse

.
"boh luk liao".... no stim...sold yesterday to invest in glove...
all losses cover back this morning... lucky swith...
maybe come back later...keep fighting all

Posted by KenichiLee > 2020-06-08 15:32 | Report Abuse

was wondering on their property development business. Will they abandon projects?

ashmira

330 posts

Posted by ashmira > 2020-06-10 10:01 | Report Abuse

No idea, i got no info at all about this company. Is the business still running? I'm still holding small amount here. Just a bet.

Posted by garydonald21 > 2020-06-10 11:15 | Report Abuse

AGM 29 June right? Any good news arrrr?

Posted by garydonald21 > 2020-06-10 13:00 | Report Abuse

Guys today got EGM ler... Seem like good news... Every 2 ordinary shares come with 1 warrant.

Posted by garydonald21 > 2020-06-10 13:00 | Report Abuse

Goona Fly Soon... Yeahoo

kfliau

1,977 posts

Posted by kfliau > 2020-06-10 19:23 | Report Abuse

Sorry guys. Free warrent proposal rejected in the agm. I can't believe it! Free warrent also people don't want

Good123

25,655 posts

Posted by Good123 > 2020-06-10 19:43 | Report Abuse

share dilution

Good123

25,655 posts

Posted by Good123 > 2020-06-10 19:43 | Report Abuse

warrant is good for the company. people exercise it, company gets fresh cash

ViWizard

780 posts

Posted by ViWizard > 2020-06-10 21:57 | Report Abuse

what happen? who is the largest shareholders now? hmm

kfliau

1,977 posts

Posted by kfliau > 2020-06-10 22:40 | Report Abuse

must be those who taken private placements at above 50 cts who objected.

ViWizard

780 posts

Posted by ViWizard > 2020-06-11 09:09 | Report Abuse

who took private placemnt when 50sen?

kql0003

60 posts

Posted by kql0003 > 2020-06-12 09:42 | Report Abuse

prg habis liao

ViWizard

780 posts

Posted by ViWizard > 2020-06-12 11:04 | Report Abuse

habis? why?

kfliau

1,977 posts

Posted by kfliau > 2020-06-12 11:51 | Report Abuse

No more free warrent, no more catalyst

keychain

275 posts

Posted by keychain > 2020-06-12 12:03 | Report Abuse

Board may re-issued again the pp for pay the amount owing to Lua. At that time, guess what 8 person big shareholders vote?

keychain

275 posts

Posted by keychain > 2020-06-12 12:05 | Report Abuse

不奇怪,都issued了三次不成功

Posted by garydonald21 > 2020-06-16 15:10 | Report Abuse

Ya, I believed they will do it again including the warrant. But thing need to be done b4 the AGM lo... Right?

ViWizard

780 posts

Posted by ViWizard > 2020-06-16 20:53 | Report Abuse

any news?

pts2222

95 posts

Posted by pts2222 > 2020-06-17 09:20 | Report Abuse

海阔凭鱼跃,天高任鸟飞

Good123

25,655 posts

Posted by Good123 > 2020-06-17 15:42 | Report Abuse

:). GENERAL MEETINGS: Outcome of Meeting

PRG HOLDINGS BERHAD
Type of MeetingExtraordinaryIndicatorOutcome of MeetingDate of Meeting10 Jun 2020Time11:00 AM


Venue(s)Broadcast Venue
Lot C601, Capital 3 Oasis Square
No. 2, Jalan PJU 1A/7A, Ara Damansara
47301 Petaling Jaya, Selangor
Malaysia


Outcome of MeetingThe Board of Directors of PRG Holdings Berhad ("PRG" or "the Company") is pleased to announce that the ordinary resolution set out in the Notice of Extraordinary General Meeting ("EGM") dated 22 May 2020 was duly passed by the shareholders of the Company at the EGM of the Company held on Wednesday, 10 June 2020. Details of the result of the poll was validated by Cygnus IT Solutions PLT, the Independent Scrutineer appointed by the Company. This announcement is dated 10 June 2020.


Voting Results


1. Ordinary resolution

DescriptionProposed disposal of 60% equity interest in Premier De Muara Sdn Bhd by PRG Property Sdn Bhd, a wholly-owned subsidiary of PRG, for a cash consideration of RM7.20 millionShareholder’s ActionFor VotingVotedForAgainstNo. of Shareholders420No. of Shares226,508,4140% of Voted Shares100.00000.0000ResultAccepted




Announcement Info

Company NamePRG HOLDINGS BERHADStock NamePRGDate Announced10 Jun 2020CategoryGeneral MeetingReference NumberGMA-10062020-00018Corporate Action IDMY200610MEET0017

Good123

25,655 posts

Posted by Good123 > 2020-06-17 15:44 | Report Abuse

prg shares are valuable, major shareholders did not want further dilution. GENERAL MEETINGS: Outcome of Meeting

PRG HOLDINGS BERHAD
Type of MeetingExtraordinaryIndicatorOutcome of MeetingDate of Meeting10 Jun 2020Time10:00 AM


Venue(s)Broadcast Venue
Lot C601, Capital 3 Oasis Square
No. 2, Jalan 1A/

Good123

25,655 posts

Posted by Good123 > 2020-06-17 15:47 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING PRG HOLDINGS BERHAD ("PRG" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN PRG, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN PRG (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

PRG HOLDINGS BERHAD
TypeAnnouncementSubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISINGDescriptionPRG HOLDINGS BERHAD ("PRG" OR THE "COMPANY") PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN PRG, REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES IN PRG (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")

We refer to the announcements made on 3 December 2019, 5 December 2019, 11 December 2019, 14 February 2020, 25 February 2020, 27 February 2020, 5 March 2020, 19 May 2020 and 28 May 2020 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of PRG, TA Securities wishes to announce that Bursa Securities had vide its letter dated 1 June 2020, granted the Company an extension of time until 30 August 2020 to complete the implementation of the Private Placement.

This announcement is dated 2 June 2020.





Announcement Info

Company NamePRG HOLDINGS BERHADStock NamePRGDate Announced02 Jun 2020CategoryGeneral Announcement for PLCReference NumberGA1-02062020-00022

Good123

25,655 posts

Posted by Good123 > 2020-06-17 16:22 | Report Abuse

new largest shareholder will clean up the mess or management by the recent top management

Good123

25,655 posts

Posted by Good123 > 2020-06-17 16:22 | Report Abuse

I see hope in the new substantial shareholders blocking Mr Luan getting more shares of prg

Good123

25,655 posts

Posted by Good123 > 2020-06-17 16:25 | Report Abuse

a lot of suspicious deals in 2018

Good123

25,655 posts

Posted by Good123 > 2020-06-17 16:26 | Report Abuse

all the garbage investment in associates that caused write off should be investigated including land deal with Mr Luan.

Good123

25,655 posts

Posted by Good123 > 2020-06-17 16:27 | Report Abuse

for manufacturing segment, higher sales but bigger loss, please investigate any frauds or not

Good123

25,655 posts

Posted by Good123 > 2020-06-17 16:28 | Report Abuse

venturing into retailing with branded goods, should it be disposed off to cut loss. new Mgmt must evaluate

Good123

25,655 posts

Posted by Good123 > 2020-06-17 16:30 | Report Abuse

during the recent EGM, blocking the settlement with Mr Luan could be an indication that investigation might be initiated for the land deal with Mr Luan. let's wait and see

Good123

25,655 posts

Posted by Good123 > 2020-06-17 16:34 | Report Abuse

retained earnings

Good123

25,655 posts

Posted by Good123 > 2020-06-17 16:36 | Report Abuse

like the EGM outcome blocking the settlement with Mr Luan

Good123

25,655 posts

Posted by Good123 > 2020-06-17 16:44 | Report Abuse

the new substantial shareholders blocked free Warrants to existing shareholders during the recent EGM because they saw value in prg and resisted further dilution. also, up to 10% private placement is otw.

Good123

25,655 posts

Posted by Good123 > 2020-06-17 17:07 | Report Abuse

DEBT AND EQUITY SECURITIES
A7 DIVIDENDS PAID
No dividend was paid in current financial year under review.
The report of the auditors to members of the Company dated 20 March 2019 on the audited financial statements for the
financial year ended 31 December 2018 did not contain any qualification.
There were no unusual items affecting assets, liabilities, equity, net income or cash flows for the current quarter and financial
year under review.
There were no changes in accounting estimates that have had a material effect in the results of the current quarter and financial
year under review.
During the financial year ended 31 December 2019, the Company increased its issued and paid up share capital from
310,333,474 to 362,587,221 by way of issuance of 52,253,747 new ordinary shares pursuant to the exercise of Warrants
2014/2019 at an issue price of RM0.375 per ordinary share.The remaining 40,566,179 warrants have since expired on 5 July
2019 and the corresponding warrants reserve of RM1.62 million has been transferred to retained earnings.
Save for the above, there were no issuance, cancellation, repurchase, resale and repayment of debt and equity securities during
financial year under review.
On 29 November 2019, the Company further increased its issued and paid up share capital from 362,587,221 to 402,882,721 by
way of issuance of 40,295,500 consideration shares at an issue price of RM0.7445 each pursuant to the acquisition by PRG Agro
Sdn Bhd ("PRG Agro"), a wholly-owned subsidiary of the Company, of 2 parcels of agricultural land planted with teak trees in
Kelantan, Malaysia from Alifya Forestry Sdn Bhd ("Kelantan Acquisition").

Good123

25,655 posts

Posted by Good123 > 2020-06-17 17:11 | Report Abuse

a lot of Warrants was issued at 37.5sen (52mil Warrants). in 20199

Good123

25,655 posts

Posted by Good123 > 2020-06-17 17:13 | Report Abuse

land seller was partially paid by 40mil shares, valued at 74.45sen per share

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