The emergence of three substantial shareholders of Kanger:
1. Sii Tung Nai (The party from Sung Master) 559,339,038 unit of shares (9.355 % shareholding)
2. Kuah Choon Ching - BOD of Kanger 819,513,179 unit of shares (13.707 % shareholding)
3. Miss Chai Woon Yun - The Daughter of Tan Sri Chai Kin Kong 416,700,000 unit of shares (9.26 % shareholding)
I JUST WANT TO TAKE SOME POSITIVE NOTES ON THIS BIG PERCENTAGE OF SHAREHOLDING BY SUBSTANTIAL SHARE HOLDERS IN KANGER.
1. All those three substantial shareholders already took up 1,795,552,215 units of shares or 32.32 % of shareholding in Kanger.
2. Even the NOSH has been lifted up to 5,978,812,213, the share spread among retail investors was not getting widen.
3. The big shareholding among a few substantial investors give me more confidence on the company management and prospect.
4. Consider Sii Tung Nai (from Sung Master) as a substantial holder in Kanger. His reputation on managing Sung Master, an unlisted company with good results (as reported). Hope Kanger can get some good direction in managing the company for a better businesses.
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Until today, THERE is no announcement about the three substantial shareholders disposing their shares......
The dumping of shares should be done for other's share accounts, not related directly from the three substantial shareholders account.
Just my opinion for observation. Before, Kanger counter was under seiged by operator/operators.
WE HAVE TO STUDY THE NEXT PLAN BY THE SAID OPERATOR/S:
1. If there are no flood of spammers here, and the volume of transaction at Kanger still strong, there should be a possibility that Kanger will rebound. The reversal will be led by the same gang of operators for the next pump and dump exercises.
But.
2. If there are no flood of spammers here, and the volume of transaction at Kanger getting smaller, there should be a possibility that Kanger will still on side ways, except there are some good news announced. The side way situation will be caused by the same gang of operators probable left this counter, at least for a short period of time.
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It is ok to hold some paper losses. That's stock market.
Only fear is for directors to make announcement on fund raising via shares consolidation & rights issue, in near future if they are not able to generate reasonable profits from the company fund utilised in the various projects.
@CITADEL. Still here brother. Tengok-tengok dari jauh sahaja. Belum buat keputusan lagi. Mainan operator dan hala tuju Kanger pun bagi saya belum jelas.
@wistlebower99. Saya dah release sedikit saham Fast yang saya ada dua minggu yang lepas. Belum pasti mahu subscribe RI atau tidak. Kalau mahu subscribe nanti, mungkin akan beli OR.
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Name MR SII TUNG NAI
1 28 Oct 2021 42,500,000 2 29 Oct 2021 11,000,000
Circumstances by reason of which change has occurred Disposal of shares via open market.
Direct (units) 505,839,038 Direct (%) 8.46 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0 Total no of securities after change 505,839,038 Date of notice 12 Nov 2021 Date notice received by Listed Issuer 12 Nov 2021
There are still some spammers here, and the volume of transaction at Kanger still notable. There is a possibility that the operators are still lingering at this counter. He He.
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rr1688
3,170 posts
Posted by rr1688 > 2021-11-08 20:48 | Report Abuse
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