================ RENOUNCEABLE RIGHTS ISSUE OF UP TO 909,204,618 NEW ORDINARY SHARES IN FAST ENERGY HOLDINGS BERHAD (FORMERLY KNOWN AS TECHFAST HOLDINGS BERHAD) ("FAST ENERGY" OR THE "COMPANY") ("FAST ENERGY SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING FAST ENERGY SHARE HELD, TOGETHER WITH UP TO 454,602,309 FREE DETACHABLE WARRANTS IN FAST ENERGY ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR, AS AT 5.00 P.M. ON THURSDAY, 18 NOVEMBER 2021 AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS") Ex-Date 17 Nov 2021
======================= CONSOLIDATION OF EVERY 6 EXISTING ORDINARY SHARES IN FAST ENERGY HOLDINGS BERHAD ("FAST ENERGY") ("FAST ENERGY SHARE(S)") INTO 1 FAST ENERGY SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")
NOSH exceeded 3.5 BILLION shares due o directors frequent fund raising via shares issuance to PP, ESOS, RI, etc Causing massive dilution to shareholders equity and EPS
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Description G3 GLOBAL BERHAD ("G3 GLOBAL" OR THE "COMPANY")
PROPOSED PRIVATE PLACEMENT OF UP TO 10.00% OF THE TOTAL ISSUED ORDINARY SHARES IN G3 GLOBAL ("PROPOSED PRIVATE PLACEMENT")
On behalf of the Board of Directors of G3 Global (“Board”), M & A Securities Sdn Bhd (“M & A Securities”) wishes to announce that G3 Global proposes to undertake a private placement exercise of up to 377,357,000 new ordinary shares in G3 Global (“G3 Global Share(s)” or “Share(s)”), representing not more than 10.00% of the total number of issued ordinary shares in G3 Global, to independent third-party investor(s) to be identified and at an issue price to be determined at a later date (“Proposed Private Placement”).
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition,
HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI. This announcement is dated 15 July 2024.
================
List of high NOSH penny stocks with shares consolidation :-
in bursa malaysia, fundamental does not necessarily play a major role in deciding share price. have you seen negative earning stocks skyrocketting? a lot. haha
PRIVATE PLACEMENT OF UP TO 870,826,000 NEW ORDINARY SHARES IN G3 GLOBAL BERHAD ("G3 GLOBAL") REPRESENTING 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF G3 GLOBAL ("PRIVATE PLACEMENT 2023") - QUARTERLY UPDATES
Total fund raised = 870,826,000 x 0.0224 = RM19, 506,502 Fully utilised as at 31/7/2024
================ PRIVATE PLACEMENT OF UP TO 432,849,300 NEW ORDINARY SHARES IN G3 GLOBAL BERHAD ("G3 GLOBAL") REPRESENTING 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF G3 GLOBAL ("PRIVATE PLACEMENT 2022") - QUARTERLY UPDATES
Total fund raised = 432,849,300 x 0.0420 = RM18,179,670 Fully utilised as at 31/7/2024
================ Directors did 2 massive fund raising and fully utlised the total fund raised NOSH = 3,773,579,548
Retail investors only see their equity % and EPS diluted over the years with more share issuance to PP, ESOS,etc
Directors might need to raise more fund via shares issuance if company fund runs low as profits from business is hard to come by.
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition
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Posted by 777777 > 2023-07-31 15:33 | Report Abuse
when will it be resurrected?? this counter is like zoombie!!!