AWANBIRU TECHNOLOGY BERHAD

KLSE (MYR): AWANTEC (5204)

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Last Price

0.31

Today's Change

-0.005 (1.59%)

Day's Change

0.305 - 0.315

Trading Volume

153,600


27 people like this.

27,504 comment(s). Last comment by Income 2 weeks ago

Realrich

1,410 posts

Posted by Realrich > 2024-03-19 10:57 | Report Abuse

Mf take profit buy 0.37 sale 0.395. Thanks

11395861

417 posts

Posted by 11395861 > 2024-03-21 18:06 | Report Abuse

Heitech Padu menyinari NiiSe......Awantech dpt ciput

minher

371 posts

Posted by minher > 2024-03-26 11:54 | Report Abuse

Awantec only left 2 weeks time to submit the regularisation plan. I scare Awantec will suspend by Bursa due to fail to submit the plan.

minher

371 posts

Posted by minher > 2024-03-26 11:58 | Report Abuse

Look at Nylex fail to submit the plan. Bursa suspend Nylex even extend the time to submit the plan. Will Awantec will facing same problem ? If that happen, Awantec likely will drop to 20sen at least. Nylex is very good example. Please be extra careful in trading Awantec.

omega008

48 posts

Posted by omega008 > 2024-03-27 17:19 | Report Abuse

wish someone could share insider news haha
awantec hasnt made any comments or assurance since aug 2023. between then and now, wondering what have they been cooking

Posted by AmmarSyahiran > 2024-03-27 18:39 | Report Abuse

update usman

minher

371 posts

Posted by minher > 2024-04-02 11:23 | Report Abuse

Awantec unable to submit regularisation plan by 13 Apr 2024. Then it will going to suspend.

Posted by Paktua Second > 2024-04-03 16:31 | Report Abuse

Confirm not able to submit regularization plan. Then suspend. Then people cry

omega008

48 posts

Posted by omega008 > 2024-04-04 15:17 | Report Abuse

The price action might be indicating otherwise 5% and holding on the trendline

11395861

417 posts

Posted by 11395861 > 2024-04-08 11:00 | Report Abuse

Ceo Awantech bought 70000 shares prices RM0.39 open market

Posted by Badaksumbuuu > 2024-04-08 13:59 | Report Abuse

Awantec File For Appeal . Mau Pampasan Lebih . Tak Tau Baek Atau Tak . Case Akan Berlanjutan . Kata kan lah Awantec Berjaya Dalam Appeal utk dapat kan lebih pampasan , lepas berjaya ....giliran GOM akan Appeal untuk mintak kurang .

Posted by Badaksumbuuu > 2024-04-08 14:01 | Report Abuse

It's a TRICKY SITUATION. Soalan EMAS . Awantec masih ada duit kah ??

Realrich

1,410 posts

Posted by Realrich > 2024-04-09 08:01 | Report Abuse

Today due date for submission regulation plan. Friday is delisted can't trade already. Good bye

Alipapapa

441 posts

Posted by Alipapapa > 2024-04-09 09:19 | Report Abuse

Awantec will be suspend pending the outcome of appeal. Awantec will suspend on 13 Apr. Please take note.

Alipapapa

441 posts

Posted by Alipapapa > 2024-04-09 09:28 | Report Abuse

Many insider already cash out, dun silly to enter now.

Alipapapa

441 posts

Posted by Alipapapa > 2024-04-09 10:03 | Report Abuse

Selling down. Confirm suspend on 13 Apr 2024.

omega008

48 posts

Posted by omega008 > 2024-04-09 10:08 | Report Abuse

glad i got out of this early haha not worth the risk

Alipapapa

441 posts

Posted by Alipapapa > 2024-04-09 10:13 | Report Abuse

Bursa Securities has further decided to suspend and de-list the securities of the Company from the Official List of Bursa Securities pursuant to Paragraph 8.03(3A) of the Listing Requirements in the event:-

i. the Company fails to submit the proposed regularisation plan to the relevant authorities for approval within the Extended Timeframe;

ii. the Company fails to obtain the approval for the implementation of its regularisation plan and does not appeal within the timeframe (or extended timeframe, as the case may be) prescribed to lodge an appeal;

iii. the Company does not succeed in its appeal; or

iv. the Company fails to implement its regularisation plan within the timeframe or extended timeframes stipulated by the relevant authorities.

In this respect, upon the occurrence of any of the events set out in (i) to (iv) above:-

i. the trading of the securities of Awantec shall be suspended on the 6th market day from the date of notification of suspension by Bursa Securities or such other date as may be specified by Bursa Securities ("Suspension Date"); and

ii. the securities of the Company shall be de-listed and removed from the Official List of Bursa Securities upon the expiry of 2 market days from the Suspension Date, unless an appeal is submitted within 5 market days from the date of notification of de-listing by Bursa Securities ("Appeal Timeframe").

In the event Awantec submits an appeal within the Appeal Timeframe, the de-listing of the Company shall be deferred pending consideration of the Company’s appeal. However, the trading of the securities of Awantec shall be suspended on the Suspension Date even though the decision on the Company’s appeal is still pending.

In arriving at the aforesaid decision to suspend and de-list the Company, Bursa Securities had considered, amongst others, the following factors:-

i. Awantec had failed to regularise the Company’s condition in accordance with Paragraph 8.04(3) of the Listing Requirements and Paragraph 5.0 of PN17.

ii. All affected listed issuers under Paragraph 8.03A of the Listing Requirements are required to regularise their condition expeditiously within the timeframes prescribed in Paragraph 8.04(3) of the Listing Requirements and Paragraph 5.0 of PN17, or extended timeframe as may be granted by Bursa Securities.

iii. The requirement for companies to have an adequate level of operations served to ensure that companies listed on the Official List are of a certain minimum quality as well as to preserve and sustain market integrity and investors’ confidence.

iv. In Bursa Securities’ opinion, adequate time and opportunity had been accorded to Awantec to regularise its condition since the First Announcement on 29 January 2021.



This announcement is dated 13 October 2023.

Alipapapa

441 posts

Posted by Alipapapa > 2024-04-09 10:26 | Report Abuse

Target 20sen today.

Realrich

1,410 posts

Posted by Realrich > 2024-04-09 10:29 | Report Abuse

2 days limit down after that delisted. Because it want to fighting with government court case. SC confirm to delisted

Posted by comebackkid > 2024-04-09 10:37 | Report Abuse

So line up at 0.15 next week, hold and wait for Court to increase compensation and back to above 0.50?

Alipapapa

441 posts

Posted by Alipapapa > 2024-04-09 10:41 | Report Abuse

Awantec court case may take another 1-2 years time. Wait until that time, it may delist le.

Realrich

1,410 posts

Posted by Realrich > 2024-04-09 11:25 | Report Abuse

Come back kid awantec delisted. Can't trade already. SC is support government

Posted by Badaksumbuuu > 2024-04-09 11:28 | Report Abuse

Awantec mintak waiver of RP from Bursa . Krn mereka cakap business udah baek karang . Haizzzzz. Arini atau Jumaat akan tau samada Bursa kasi waiver atau tak. Kalau tak kasi waiver harap2 Bursa extend lagi 6 bulan . Arini Bursa GOM lawan balik court case tu .

Posted by Badaksumbuuu > 2024-04-09 11:37 | Report Abuse

Utk Awantec suspend , Bursa kena reject dua2 appeal Awantec. Complete waiver of RP atau extension of 6 months lagi utk siapkan RP.

Realrich

1,410 posts

Posted by Realrich > 2024-04-09 11:42 | Report Abuse

Normally can't extend because already more than 2 years no submit regulation plan. Furthermore fighting government. SC will delisted definitely

fl888

7,749 posts

Posted by fl888 > 2024-04-10 07:21 | Report Abuse

Many counters like Awantec, not under PN17 ..?

Realrich

1,410 posts

Posted by Realrich > 2024-04-12 12:12 | Report Abuse

Today last day to run. Monday delisted. Awantec want to fight court case. SC is government body confirm delisted awanbiru

11395861

417 posts

Posted by 11395861 > 2024-04-15 08:27 | Report Abuse

Why to delisted....financial solid ..
contract awarded by Moe
Nahrim n Redtone ...management good...n return Dr Abu hassan to handle awantech...be positive thinking.

Realrich

1,410 posts

Posted by Realrich > 2024-04-15 16:30 | Report Abuse

803a no submit the regulation plan. So SC going to delisted

jvw1520

106 posts

Posted by jvw1520 > 2024-04-15 17:17 | Report Abuse

@803a …. What make u say no submission of regulation plan???
Whereby …. Letter of appeal has been forwarded to SC?

11395861

417 posts

Posted by 11395861 > 2024-04-17 10:05 | Report Abuse

When status ALI will be reply by bursa

Posted by Paktua Second > 2024-04-17 19:13 | Report Abuse

Tomorrow

11395861

417 posts

Posted by 11395861 > 2024-04-18 11:08 | Report Abuse

Tomorrow....Paktua Second.....you are bluff

Posted by Paktua Second > 2024-04-18 11:13 | Report Abuse

Then tomorrow, said it until Bursa replied. Hahaha

Posted by AmmarSyahiran > 2024-04-18 19:57 | Report Abuse

GGGGGGGGGGGGGGGGGG

fl888

7,749 posts

Posted by fl888 > 2024-04-18 20:39 | Report Abuse

Best to get suspended pending relisting on submission of RP later….

Santiago

465 posts

Posted by Santiago > 2024-04-19 08:38 | Report Abuse

wtf? TO at 10 cents??????

xuxu

5,858 posts

Posted by xuxu > 2024-04-19 09:04 | Report Abuse

Beli 0.16 jual 0.185 dlm 3 mins hehe

fl888

7,749 posts

Posted by fl888 > 2024-04-19 09:19 | Report Abuse

Buy now as this was planned for RP for new projects and new shareholders....

fl888

7,749 posts

Posted by fl888 > 2024-04-19 09:21 | Report Abuse

QTR result for March 2024 is positive ....

yongyong88

550 posts

Posted by yongyong88 > 2024-04-19 09:29 | Report Abuse

5 more days to play b4 suspension....

ronnie2u

667 posts

Posted by ronnie2u > 2024-04-19 09:43 | Report Abuse

Typically the suspension is for how long ?

fl888

7,749 posts

Posted by fl888 > 2024-04-19 09:45 | Report Abuse

Memo issued wrongly by KLSE....how can suspend when the waiver and upliftment is not rejected and pending....

11395861

417 posts

Posted by 11395861 > 2024-04-19 09:57 | Report Abuse

Ini kalilahhh big kaws masuk n buat duit.....ada capital no problems...20 largest shareholder mostly foreigners

cheong3288

143 posts

Posted by cheong3288 > 2024-04-19 10:27 | Report Abuse

i see many cut lost, this company going to be suspended soon on the 26th april

fl888

7,749 posts

Posted by fl888 > 2024-04-19 10:30 | Report Abuse

Imagine Google/Microsoft buy now…..

Posted by EatCoconutCanWin > 2024-04-19 11:21 | Report Abuse

Buy low . Opportunity

rr88

6,532 posts

Posted by rr88 > 2024-04-19 11:33 | Report Abuse

Close shop tutup kedai

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