HO WAH GENTING BHD

KLSE (MYR): HWGB (9601)

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Last Price

0.22

Today's Change

0.00 (0.00%)

Day's Change

0.22 - 0.225

Trading Volume

306,300


10 people like this.

5,986 comment(s). Last comment by Mrhunter88 2024-07-16 09:54

Posted by Uphallee Maniam > 2015-07-14 18:04 | Report Abuse

0.11 so cheap...

richkid

8,140 posts

Posted by richkid > 2015-08-06 09:18 | Report Abuse

PROPOSED PAR VALUE REDUCTION. This is the problem...

popcorn

1,625 posts

Posted by popcorn > 2015-08-06 09:32 | Report Abuse

can go in now?

Timie

338 posts

Posted by Timie > 2015-08-06 10:10 | Report Abuse

Any news? What happend today?

popcorn

1,625 posts

Posted by popcorn > 2015-08-06 10:22 | Report Abuse

(i) proposed reduction of the existing issued and paid-up share capital of HWGB via the cancellation of RM0.15 of the par value of each existing issued and fully paid-up ordinary share of RM0.20 to RM0.05 each (“HWGB Shares”) pursuant to Section 64 of the Companies Act, 1965 (“Act”) (“Proposed Par Value Reduction”);

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4820609

popcorn

1,625 posts

Posted by popcorn > 2015-08-06 11:41 | Report Abuse

vry good price entry now, 0.095 only ~ it suppose worth 0.10~

taijackong

312 posts

Posted by taijackong > 2015-08-14 10:48 | Report Abuse

bloody ahwah, what are you up to? Holland?

Posted by watsupking > 2015-09-29 10:28 | Report Abuse

bad company...every year negative profit

aziz47

456 posts

Posted by aziz47 > 2015-11-05 12:43 | Report Abuse

hwgb wake up from sleeping. Monitor afternoon if they goreng.......

Posted by Jolin Lai Chi Pet > 2015-11-05 12:57 | Report Abuse

hold on!!!!!!!!!!!!!!! TP is 30cts.........................

Kim

4,343 posts

Posted by Kim > 2015-11-05 13:02 | Report Abuse

Pergh.. sudah kasi tp.. if 15cts today i believe lah

Posted by Jason Choong > 2015-11-05 13:26 | Report Abuse

manada cukup 30c, tp 50c by next week

batam

348 posts

Posted by batam > 2015-11-05 13:35 | Report Abuse

Woi maybe because of new venture with singaporean company

Posted by sangsengkia > 2015-11-05 13:36 | Report Abuse

80cb427nov2015FR

tuapuikia

2,346 posts

Posted by tuapuikia > 2015-11-05 14:58 | Report Abuse

what Happen ?

Kim

4,343 posts

Posted by Kim > 2015-11-05 15:16 | Report Abuse

Goreng2 kot.. no idea.. maybe news today

timing

726 posts

Posted by timing > 2015-11-05 15:23 | Report Abuse

big shark goreng penny stock now.

niatfaez

250 posts

Posted by niatfaez > 2015-11-05 15:26 | Report Abuse

Tp today?

eastlands

89 posts

Posted by eastlands > 2015-11-05 15:26 | Report Abuse

hopefully tomorrow kbunai - cos pan borneo highway construction starting early next year. Stay tuned!

tuapuikia

2,346 posts

Posted by tuapuikia > 2015-11-05 15:30 | Report Abuse

wow!!! must be goreng liao

tuapuikia

2,346 posts

Posted by tuapuikia > 2015-11-05 15:31 | Report Abuse

strong buy wei! if TP 30 cents, I can grab some. Anybody?

Kim

4,343 posts

Posted by Kim > 2015-11-05 15:38 | Report Abuse

sold all 12.5..

tuapuikia

2,346 posts

Posted by tuapuikia > 2015-11-05 15:39 | Report Abuse

means?

tuapuikia

2,346 posts

Posted by tuapuikia > 2015-11-05 15:41 | Report Abuse

trader called to buy, so i am in. :D

Mega3

71 posts

Posted by Mega3 > 2015-11-05 15:49 | Report Abuse

maybe good news found gold mining

Mega3

71 posts

Posted by Mega3 > 2015-11-05 15:56 | Report Abuse

remember few years also goreng from 0.08 to 1.80

tuapuikia

2,346 posts

Posted by tuapuikia > 2015-11-05 16:02 | Report Abuse

1.80 is too high to reach. I am aiming 0.30

nelayan

217 posts

Posted by nelayan > 2015-11-05 16:05 | Report Abuse

All in...

tuapuikia

2,346 posts

Posted by tuapuikia > 2015-11-05 16:39 | Report Abuse

yes!

Kim

4,343 posts

Posted by Kim > 2015-11-05 16:48 | Report Abuse

congrate to you Tua.. 15 - 18 - 20 cts

nelayan

217 posts

Posted by nelayan > 2015-11-05 16:53 | Report Abuse

yes!!

nelayan

217 posts

Posted by nelayan > 2015-11-05 17:01 | Report Abuse

UMA again..

Posted by zbaikitree2 > 2015-11-05 17:53 | Report Abuse

hwgb first UMA only ma. no need worry. look at xox after first UMA at 12.5c what happened? continue to go up on 2nd UMA.

UMA means stock can go up very strongly. tell me which stock that has been perform like crazy didnt get at least 1 UMA?

Posted by zbaikitree2 > 2015-11-05 18:16 | Report Abuse

same like xox, on the 5th oct, closed day highest 12.5c with 690k volume, get UMA at 5.38pm. same day.

the second day, open 13.0 and went up to high of 14.5 before it answer on noon time the second day. and closed at 12.5c.
on t+8. it closed at 20c.

on the 26th oct, it received 2nd UMA, it was closed 22.5,

and in the next 3 days, it went up to high of 34.5c.

what is all this UMA for? u think la.

Posted by klsebursagogo > 2015-11-05 18:29 | Report Abuse

what it is for?

okboy

22 posts

Posted by okboy > 2015-11-05 18:32 | Report Abuse

can hit my average price or not 0.80 ...

ethanyong

2,121 posts

Posted by ethanyong > 2015-11-05 18:33 | Report Abuse

no news just pure goreng?

bjgdila123

3,470 posts

Posted by bjgdila123 > 2015-11-05 18:53 | Report Abuse

Wait and see tommorow

batam

348 posts

Posted by batam > 2015-11-05 18:59 | Report Abuse

Luck my entry at 0.105 huat2 huat tomolo huat

Posted by zbaikitree2 > 2015-11-05 19:26 | Report Abuse

GOOD AND Timely replied. apparently they already expected this and have all the things readied to deal with this.


UNUSUAL MARKET ACTIVITY

HO WAH GENTING BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-05112015-00001
Subject UNUSUAL MARKET ACTIVITY
Description Bursa Malaysia Securities Bhd's Letter dated 5 November 2015 querying the Company on an unusual market activity
Query Letter Contents
We draw your attention to the sudden sharp rise in price and volume of your Company’s securities today (“trading activity”).
In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with paragraph 9.11 of the Main Market Listing Requirements ("LR"):

1. Whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decisions
2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR;
3. Whether you are aware of any other possible explanation to account for the trading activity; and
4. Whether you are in compliance with the Bursa Securities LR, in particular Paragraph 9.03 of the Bursa securities LR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.



Yours faithfully,
IRWAN JOHARI
Senior Manager, Issuers,
Listing Division, Regulation
IJ/TEK

We refer to the Letter dated 5 November 2015 from Bursa Malaysia Securities Bhd (“Bursa Securities”) in relation to the unusual market activity (“UMA”) of the Company’s securities on 5 November 2015.

In accordance with Paragraph 9.11 of the Main Market Listing Requirements of Bursa Securities, on behalf of the Company, the Board of Directors wishes to clarify that to the best of their knowledge and after having made due enquiries with the Directors, major shareholders and such other relevant persons, the Company is not aware of any:

1. Corporate Development relating to the Group’s business and affairs that has not been previously announced that may account for the UMA including those in the state of negotiation/discussion;

2. Rumour or report concerning the business and affairs of the Group’s that may account for the UMA; nor

3. Possible explanation to account for the UMA,

save and except for the following:

a. The Company had on 20 October 2015 announced the convening of an Extraordinary General Meeting scheduled on 12 November 2015 to table to its shareholders for approval the following Proposals:

Proposed par value reduction of RM0.15 of each existing issued and fully paid-up ordinary share of RM0.20 to RM0.05 each;
Proposed rights issue with warrants;
Proposed amendments to the Memorandum and Articles of Association of Ho Wah Genting Berhad (“HWGB”);
Proposed termination of HWGB’s existing employees’ share option scheme; and
Proposed establishment of a new employees’ share option scheme for the eligible directors and employees of HWGB and its subsidiaries (excluding subsidiaries which are dormant).
b. The Company is in discussion on the possible disposal of non-core businesses which are loss making. The terms of the possible disposal has yet to be finalized.

The Company will make the necessary announcement to Bursa Securities of any further material development in compliance with Paragraph 9.03 of the Main Market Listing Requirements of Bursa Securities.

This announcement is dated 5 November 2015.

nelayan

217 posts

Posted by nelayan > 2015-11-05 19:26 | Report Abuse

huat...X2

Posted by zbaikitree2 > 2015-11-05 19:28 | Report Abuse

uptrend continued.


this is not a standard replied of UMA. got story to tell, so got license to continue.


wakakakakakak. huat ahh!!!

Posted by birkincollector > 2015-11-05 19:30 | Report Abuse

some sweetener before the EGM?

Posted by zbaikitree2 > 2015-11-05 19:41 | Report Abuse

12th is next thursday.

So push up share price all resolution ok!

niatfaez

250 posts

Posted by niatfaez > 2015-11-05 21:40 | Report Abuse

Sure up tmro ?

Posted by zbaikitree2 > 2015-11-05 21:41 | Report Abuse

Only idiot will ask such a question....

niatfaez

250 posts

Posted by niatfaez > 2015-11-05 21:44 | Report Abuse

Lol .

Posted by zbaikitree2 > 2015-11-05 21:50 | Report Abuse

But normally after uma stock fly more crazy.
Uma is akin to bursa recommended goreng stock.

Posted by terrorkidd > 2015-11-05 21:51 | Report Abuse

I thought that shares in malaysia can only have maximum 30% price movement per day?

Posted by zbaikitree2 > 2015-11-05 21:51 | Report Abuse

Below 1.00 shares is 30c move max

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