PRG HOLDINGS BERHAD

KLSE (MYR): PRG (7168)

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Last Price

0.095

Today's Change

-0.005 (5.00%)

Day's Change

0.09 - 0.10

Trading Volume

1,821,900


6 people like this.

2,761 comment(s). Last comment by stncws 9 hours ago

cK1973

1,945 posts

Posted by cK1973 > 2024-04-29 13:27 | Report Abuse

no volume ka....
have to wait again lo...
what to do ...

cK1973

1,945 posts

Posted by cK1973 > 2024-04-30 09:56 | Report Abuse

0 volume ka...
oh my god....

cK1973

1,945 posts

Posted by cK1973 > 2024-05-03 14:57 | Report Abuse

still long way to go....

cK1973

1,945 posts

Posted by cK1973 > 2024-05-06 13:22 | Report Abuse

still no volume....
have to wait again....

stncws

10,614 posts

Posted by stncws > 2024-05-14 20:20 | Report Abuse

Volume today ok.Good Q1 expected

cK1973

1,945 posts

Posted by cK1973 > 2024-05-15 14:42 | Report Abuse

still no one playing this counter...
pretty quiet for almost 6 months already...

stncws

10,614 posts

Posted by stncws > 2024-05-15 15:31 | Report Abuse

China agent action is expected, TP 17c... Good new shareholder from singapore..

cK1973

1,945 posts

Posted by cK1973 > 2024-05-20 15:09 | Report Abuse

quiet very quiet here....
no movement and no volume ....

Posted by kellymoses > 2024-05-20 16:30 | Report Abuse

its going to take time

cK1973

1,945 posts

Posted by cK1973 > 2024-05-21 13:42 | Report Abuse

today no volume again....
have to wait....

cK1973

1,945 posts

Posted by cK1973 > 2024-05-28 14:24 | Report Abuse

no one here ka....

Mar2083

859 posts

Posted by Mar2083 > 2024-05-28 21:30 | Report Abuse

15sen tomorrow
Ha ha ha

pts2222

94 posts

Posted by pts2222 > 2024-06-02 08:40 | Report Abuse

来而不可失者,时也;蹈而不可失者,机也。

pts2222

94 posts

Posted by pts2222 > 2024-06-06 22:02 | Report Abuse

花径不曾缘客扫,蓬门今始为君开

pts2222

94 posts

Posted by pts2222 > 2024-06-07 20:01 | Report Abuse

易求无价宝,难得有心郎,

pts2222

94 posts

Posted by pts2222 > 2024-06-07 20:15 | Report Abuse

. 谁谓此程迂,机会谅非偶。

stncws

10,614 posts

Posted by stncws > 2024-06-13 13:39 | Report Abuse

New boss will buy more. High price

stncws

10,614 posts

Posted by stncws > 2024-06-18 11:23 | Report Abuse

trend is your friend

stncws

10,614 posts

Posted by stncws > 2024-06-18 15:30 | Report Abuse

Lazy afternoon agent..

pts2222

94 posts

Posted by pts2222 > 2024-06-20 09:55 | Report Abuse

世事弈棋無定,甲子循還復爾,不免且低迴。

stncws

10,614 posts

Posted by stncws > 2024-06-23 21:42 | Report Abuse

Monday is crucial for level up.. monitor trend

Apastock

148 posts

Posted by Apastock > 2024-06-23 23:05 | Report Abuse

macam boleh

stncws

10,614 posts

Posted by stncws > 2024-06-26 10:26 | Report Abuse

coming soon..

ysyap84

170 posts

Posted by ysyap84 > 2024-06-26 16:42 | Report Abuse

Need to break 0.165 to form a "rounding bottom".

cK1973

1,945 posts

Posted by cK1973 > 2024-06-27 18:33 | Report Abuse

waken already this lazy dragon....
need to break 20 only talk......

ysyap84

170 posts

Posted by ysyap84 > 2024-06-28 14:09 | Report Abuse

Something happen to this counter as the stock price suddenly surged up and it was above MA200. Window gap (RM0.165) is the support. POC at 0.145. As at today 1st session closed, the big volume is still not flushes out, indicating the stock may move further however it is still early to jump into the conclusion.

cK1973

1,945 posts

Posted by cK1973 > 2024-07-01 18:05 | Report Abuse

wait for it to break 20....
only we take action....
still early....

Posted by Hoottttttt > 2024-07-02 12:41 | Report Abuse

Construction and energy, business that will needed by data centre/AI. Slow slow collect now while it still in low price… yummy

cK1973

1,945 posts

Posted by cK1973 > 2024-07-02 13:56 | Report Abuse

need to break 20.....
still have to wait.....

cK1973

1,945 posts

Posted by cK1973 > 2024-07-03 15:58 | Report Abuse

still in the same range of 16-17....
need to see the price trends higher....
basically need to break the jink at 20....
stay tune guys....

cK1973

1,945 posts

Posted by cK1973 > 2024-07-03 16:57 | Report Abuse

good closing at 17.5.....
might see the previous high of 18.5 to be broken again in coming days.....
still need to see the price breaks 20c for potential uptrend.....
might go back to previous high range of 25-30.....
let's see how soon this can happen....

stncws

10,614 posts

Posted by stncws > 2 months ago | Report Abuse

lua almost sold all...new boss in

pts2222

94 posts

Posted by pts2222 > 2 months ago | Report Abuse

积羽沉舟,群轻折轴,众口铄金,积毁销骨

cK1973

1,945 posts

Posted by cK1973 > 2 months ago | Report Abuse

holding well at 17....
still need to break the previous high of 18.5......
potential long term uptrend, the price must move above 20....
hope to see the play range between 25-30.....
happy holidays and good luck to all....

jesry

40 posts

Posted by jesry > 2 months ago | Report Abuse

today big drop because of the Lua again?

LY Hoh

64 posts

Posted by LY Hoh > 2 months ago | Report Abuse

Notice of Extraordinary General Meeting ("EGM") on 16/8/2024, 28/6/2024 just finished general meeting. Any good new change?

pts2222

94 posts

Posted by pts2222 > 2 months ago | Report Abuse

悬崖一径石巑岏,世路何如栈道难。衣湿行云天外去,花明古洞画中看。

生憎阮籍穷犹醉,每爱王阳阴亦安。不尽同来登眺兴,更于川上细观澜。

stncws

10,614 posts

Posted by stncws > 2 months ago | Report Abuse

15c

stncws

10,614 posts

Posted by stncws > 2 months ago | Report Abuse

15c

karigang

55 posts

Posted by karigang > 2 months ago | Report Abuse

kena pressured , reversal coming anytime

stncws

10,614 posts

Posted by stncws > 1 month ago | Report Abuse

buy 13c

stncws

10,614 posts

Posted by stncws > 1 month ago | Report Abuse

Can buy soon..
11 12

karigang

55 posts

Posted by karigang > 1 month ago | Report Abuse

Tunggu lama lama,....

LY Hoh

64 posts

Posted by LY Hoh > 1 month ago | Report Abuse

I would like to ask, why the current market price RM0.13 but new share issued price RM0.2137? Why not buy from marker? Thank you.
This is from MBB App information as below:
7168 PRG PRG HOLDINGS BERHAD
Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Others
Details of corporate proposal : PARTIAL SETTLEMENT OF DEBT OWING BY THE COMPANY
AND ITS SUBSIDIARIES ("GROUP") TO DATO' LUA CHOON HANN, BEING THE GROUP
EXECUTIVE VICE CHAIRMAN OF THE COMPANY AMOUNTING TO RM6,482,290.32 TO BE
SATISFIED VIA ISSUANCE OF 30,333,600 NEW ORDINARY SHARES OF THE COMPANY AT AN
ISSUE PRICE OF RM0.2137 EACH ("SETTLEMENT SHARES") ("DEBT SETTLEMENT OF DATO'
LUA")
No. of shares issued under this corporate proposal : 30,333,600
Issue price per share ($$) : 0.2137
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 462,961,045
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 151,488,569.680
Listing Date : 23/08/2024
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

LY Hoh

64 posts

Posted by LY Hoh > 1 month ago | Report Abuse

Why the Dato' LUA CHOON HANN disposed the shares all the time from the year beginning, then on 23/8/2024 acquired 30,333,600 with the high price? Anyone can explain? Buy from market just 0.13 to 0.135..... Thank you.

stncws

10,614 posts

Posted by stncws > 1 month ago | Report Abuse

please read to understand more, not acquired.

1DERFUL

34 posts

Posted by 1DERFUL > 1 month ago | Report Abuse

This situation does not involve a typical acquisition but rather a specific type of corporate action known as a **debt settlement through the issuance of new shares**. Here’s a breakdown:

1. **Corporate Proposal**: PRG Holdings Berhad issued new shares to settle a debt owed to Dato' Lua Choon Hann, the Group Executive Vice Chairman.

2. **Issuance of New Shares**: 30,333,600 new ordinary shares were issued at a price of RM0.2137 per share. This price was agreed upon as part of the debt settlement agreement.

3. **Market Price vs. Issued Price**: The current market price of the shares is RM0.13, which is lower than the RM0.2137 price at which the new shares were issued. The higher issuance price likely reflects the terms agreed upon between the company and Dato' Lua, possibly based on factors like previous market prices, valuation, or the negotiation specifics.

4. **Why Not Buy from Market?**: The reason for issuing new shares at RM0.2137 instead of buying at the market price of RM0.13 is because this transaction is part of a negotiated debt settlement, not an open market purchase. The company is satisfying a debt obligation by issuing shares directly to the creditor (Dato' Lua), and the price of RM0.2137 was likely agreed upon during the debt settlement negotiations.

In summary, this isn't an acquisition but a debt repayment strategy where the company issued new shares at a pre-agreed price to settle its debt. The difference between the issue price and the market price reflects the terms of that specific agreement.

LY Hoh

64 posts

Posted by LY Hoh > 1 month ago | Report Abuse

@ 1DERFUL Thank you very much.

karigang

55 posts

Posted by karigang > 1 month ago | Report Abuse

Pointless

LY Hoh

64 posts

Posted by LY Hoh > 4 weeks ago | Report Abuse

Why the Chairman continue sold the shares at open market, like this how the share price will up?

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