Announcement dated 17/3/2021 ------------------------------------------ On behalf of the Board of Directors of Pasukhas (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that the Company proposes to undertake the following:-
(i) proposed consolidation of every 10 ordinary shares in Pasukhas (“Pasukhas Shares” or “Shares”) into 1 Pasukhas Share (“Consolidated Share”) (“Proposed Share Consolidation”); and
(ii) proposed renounceable rights issue of up to 992,394,438 new Shares (“Rights Shares”) together with up to 578,896,755 free detachable warrants in Pasukhas (“Warrants A”) on the basis of 12 Rights Shares together with 7 free Warrants A for every 2 existing Consolidated Shares held by the entitled shareholders on an entitlement date to be determined (“Entitled Shareholders”) (“Rights Entitlement Date”) (“Proposed Rights Issue with Warrants”).
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Announcement dated 25/5/2021 ------------------------------------------ CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("PASUKHAS SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 10 JUNE 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
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Announcement dated 21/7/2021 ----------------------------------------- On behalf of the Board, Mercury Securities wishes to announce that the Rights Issue with Warrants has been completed following the listing and quotation of 991,989,752 Rights Shares and 578,660,588 Warrants A on the ACE Market of Bursa Securities today.
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Be informed and reminded of the recently concluded multiple proposals of shares consolidation and rights issue with free warrants.
PSB having lousiest and dull CEO and his team around would make things worse in the company financial....imagine financial lost since taking over in 2015
It will take sometimes to go up, depends on market condition; when all weak holders had sold all, then it will goes up. WA at 1.5C is dirt cheap with mother at 8C.
Netx had gone through the same exercise, now it is moving up.
RENOUNCEABLE RIGHTS ISSUE OF UP TO 992,394,438 NEW ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS") ("PASUKHAS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 578,896,755 FREE DETACHABLE WARRANTS IN PASUKHAS ("WARRANTS A") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS A FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JUNE 2021
Details of RI application :
_________________________________________No. of Rights Shares____% of total issue Total valid acceptances__________________________186,547,381________18.80 Total valid excess applications____________________805,442,371_________81.16
The figures indicated that the big boys are holding more than 80% of the shares and new warrants. They have CORNERED the stock.
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RI price = 10sen Current price = 10 sen.
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After 3 months, operator can start releasing more shares to market and still making profits from the free warrants
We are in Bursa to make money, no frying no movement, market would be dead. Nobody still concern about investment nowadays.
Even money in fix account is not safe, it will be eaten up by inflation. We don't need someone to blow whistle to disturb our trading everyday, TQ and not thanks.
Directorship of Public Companies 1. Advance Information Marketing Berhad 2. AT Systematization Berhad 3. Green Ocean Corporation Berhad 4. Saudee Group Berhad 5. Pasukhas Group Berhad
Loss making penny stocks directors don't have many projects or contract awards announcements. They are specialized in issuing many MOUs with any xyz companies to make news and hope to excite and attract newbies to trade their stocks.
Many shareholders felt cheated and are angry with MSW over the glove business of AT.
Moderate volume indicate there are some interest in pushing up the price higher. Slowly goes up can last longer; if sudden up will come down fast. WA is undervalue for having 3 years before expire, even if mother down also can't affect much.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
whistlebower99
5,255 posts
Posted by whistlebower99 > 2021-08-24 11:17 | Report Abuse
FOR NEW NEWBIES
Announcement dated 17/3/2021
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On behalf of the Board of Directors of Pasukhas (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that the Company proposes to undertake the following:-
(i) proposed consolidation of every 10 ordinary shares in Pasukhas (“Pasukhas Shares” or “Shares”) into 1 Pasukhas Share (“Consolidated Share”) (“Proposed Share Consolidation”); and
(ii) proposed renounceable rights issue of up to 992,394,438 new Shares (“Rights Shares”) together with up to 578,896,755 free detachable warrants in Pasukhas (“Warrants A”) on the basis of 12 Rights Shares together with 7 free Warrants A for every 2 existing Consolidated Shares held by the entitled shareholders on an entitlement date to be determined (“Entitled Shareholders”) (“Rights Entitlement Date”) (“Proposed Rights Issue with Warrants”).
=========================
Announcement dated 25/5/2021
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CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("PASUKHAS SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 10 JUNE 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
=============================
Announcement dated 21/7/2021
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On behalf of the Board, Mercury Securities wishes to announce that the Rights Issue with Warrants has been completed following the listing and quotation of 991,989,752 Rights Shares and 578,660,588 Warrants A on the ACE Market of Bursa Securities today.
================================
Be informed and reminded of the recently concluded multiple proposals of shares consolidation and rights issue with free warrants.
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TAYOR