If Fintec ICPS holders still ignore the conversion, their existing ICPS they are holding will be reduced by 30 times and the adjusted price will increase to RM0.30. The company needs 11 ICPS of 30sen each to convert to the Mother Share. Meaning it required RM3.30 to get a Mother Share after consolidation or 11 ICPS shares.

As Announced by the TA RESEARCH BLOG today, Fintec Global Bhd is planning to consolidate every 30 of its shares into one share, on a date to be decided later.

So starting from today onwards, those who sell Fintec Shares and Fintec PA at a loss of half a sen surely do not have any confident at all towards the Fintec Share Consolidation proposal. There are many sellers coming all the way from now till the Cut Off Date yet to be announced. Those optimistic one would capitalise on this and buy up all these half a sen shares and wait for share prices improvement. We definately have no chance of buying as the Buying Queue is so long....over 1 billion shares waiting to buy. Those who queued very early on will get to buy. Unless there are very huge sellers. For those Half sen buyers of ICPS, there is still a 45% gain if these ICPS buyers can buy now and convert them before the Consolidation Exercise based on converting 11 ICPS to 8 Fintec Shares allowable now. Surely there will be a rush to queue to buy ICPS at half a sen from now on.

After Consolidation Announcement, the reaction from Fintec shareholders are 83% against and 17% support based on the Numbers of Shares traded between 0.005 and 0.01 sen today. Afterall, Shareholders do not like the consolidation exercise fearing that there is dirty tactic behind the scene in wiping out all the shareholders money. But there are only 17% who support the idea of consolidation. Based on my opinion, I think the consolidation of 30 to 1 is a very drastic action indeed but if the Management thinks that they are doing the shareholders a favour, let's give some encouragement to the Management as I believe the Management must have their own Plan to get the Prices of Fintec Shares improved. If the Management of Fintec have an Ulterior Motive behind this Consolidation Exercise, That's too Bad and Investors would curse them. I am very sure of this. I hope the Management's idea of Consolidation is Genuine and genuinely want to help to improve the Fintec Shares in the Future. I truly hope and pray Fintec Directors are Genuine and Sincere. May God Bless All Fintec Shareholders a Smooth Success and Prosperity in the future. GOD BLESS. 🙏🙏🙏

Today Ex-Date ARBB immediately re-corrected its price to 3.5 sen a share traded at opening 9.00am but strangely due to demands, ARBB went up to 6.0 sen. What's up, ARBB ?

This ARBB today is acting very strangely. Despite today 19/1/2024 is an ex-date for Dividend in Specie distribution, yet the price of ARBB drops very little. Anything up that we do not know. Please advise. Strange ARBB.

Already INFORMED BY BURSA very clearly on the Ex-Date :
How to be entitled -
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

Should be the Final and the Last Batch of PA conversion to Mother Shares. Listing tomorrow 19/1/2024.

Just Announced Today - Listing will be tomorrow 19/1/2024 regarding : Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares to Ordinary Shares
No. of shares issued under this corporate proposal 11,931,829

I am treating my risky investment into ARB-IOT as like hedging into the US Dollars as the latest current news from Bernama says as follow :- "At the current juncture, the US dollar/ringgit will continue to flirt around the RM4.70 level. The current support and resistant level stands at RM4.6611 and RM4.7958 respectively," he told Bernama.

I also saw the Red Alerts you posted. That's why I stopped buying in anymore. Better be careful not to put so much of my eggs into one basket. Thanks felet404. I am observing. Even the Nasdaq side ARB-iot price dropping every day.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

Based on their Historical Records only. If they are Fakes, we are putting ourself to Risk. Thanks felet404 for your Alert.

Currently performance in Nasdaq is USD1.42. If compared with our Malaysian Price of RM0.09 their Nasdaq price should be USD1.38 per share there. But our Malaysian price drops to RM0.08 now. But the Nasdaq price is still higher than our Malaysian Price in comparision. Still worth to buy if ARBB drops lower than RM0.09 per share here. My sincere opinion only. Trade at your own risk.

2024-01-10 2024-01-11 2024-01-12 2024-01-16
Last 1.58 $ 1.52 $ 1.45 $ 1.42 $
Volume 23 458 53 127 17 385 26 328
Change -0.63% -3.80% -4.61% -2.07%
Opening 1.60 1.56 1.49 1.41
High 1.61 1.60 1.55 1.49
Low 1.54 1.48 1.45 1.41

Thanks Yuan28 for the info regarding the new application for a Foreign Account after we got our Dividend-in-specie from ARBB. Thank you.

ARBB-PA delisted yesterday 16-1-2024 but we investors have not received the auto conversion to ARBB shares yet. The Management should automatically inform us and change our ARBB-PA delisted to ARBB shares without any delay. PLEASE. TQ.

https://www.fintec.global/investor-relations

I think that would be arranged by the Management as stated "The Entitled Shareholders will receive their entitlements to the Distributable Shares at no cost." It means to me that They will arrange everything to us at no further cost and allow us to trade altogether with an account linked to our Normal Trading Account in Malaysia. If I am wrong, please correct me. TQ.

Door gifts only to those who attended, Right? I did not attend, so no gift for me.

Next week 5 days left to give yourself a chance to get Dividend in Specie of 14 Nasdaq Share of ARB-IOT for every ARBB shares you buy from KLSE. I have bought mine and the ex-date is on the 19/1/2024. I have never own any Nasdaq or Overseas shares before. Hope I got to taste what owning Nasdaq Shares is like. If you ask me to buy straight from the Nasdaq Trading, I won't because No.1, they are all mostly very expensive. No.2, they are all very foreign to me.

EX-date 19/1/2024.

Date Open High Low Close* Adj Close** Volume
Jan 10, 2024 1.6000 1.6100 1.5400 1.5800 1.5800 23,500
Jan 09, 2024 1.6700 1.6700 1.5200 1.5900 1.5900 43,500
Jan 08, 2024 1.4300 1.7000 1.4300 1.4900 1.4900 52,100
Jan 05, 2024 1.6500 1.7000 1.4500 1.4600 1.4600 63,700
Jan 04, 2024 1.7200 1.9000 1.6700 1.6900 1.6900 81,600
Jan 03, 2024 2.2400 2.2400 1.7000 1.7700 1.7700 136,800
Jan 02, 2024 2.5000 2.5000 2.0600 2.2300 2.2300 160,200
Dec 29, 2023 2.4000 2.6000 2.3000 2.5500 2.5500 256,300
Dec 28, 2023 2.2100 2.6390 2.1500 2.5200 2.5200 895,900
Dec 27, 2023 2.4400 2.4400 1.8900 2.3200 2.3200 2,677,400
Dec 26, 2023 2.2500 4.5400 2.1540 2.5900 2.5900 99,429,200

Sack the Dicky Kok. At this time, still act arrogant. Think she cannot get to be a Minister. Now trying to be a Monster creating havoc for DSAI now that the Dubai Move is on.

Target 50 sen by May 2024 and 60 sen by Jun 2025 in order to push clearing all their Warrants by then. Possible moves.

Sorry, NTA for Joe adjusted to 60 sen per share after consolidation 10:1 recently.

Remember Joe Holding's NTA only 6 sen but today Joe went up to 25.5 sen. Fantastic performance.

The shareholders of the Company whose names appear in the Record of Depositors of ARB Shares as at 5:00 p.m. on Monday, 22 January 2024 ("Entitlement Date") shall be entitled to the Dividend-in-Specie ("Entitled Shareholders"). The Entitled Shareholders will receive their entitlements to the Distributable Shares at no cost.

When we want to win Big, we must be Positive. LOL. DragonG, they have mentioned the ARB IOT shares will be received and transfer to us at no cost to us. See how they do it. Maybe open a new Nasdaq account for us all so that we can trade in our own Remiser's website together with our other KLSE shares.

Maybe his intention is to convert our ARBB shares to Nasdaq ARBIOT shares which is a Noble Move. Giving out Cash Dividends defeat this purpose. Don't you think so?

BUY FINTEC-PA AT 0.01 MEANS YOU ARE BUYING FINTEC AT 0.013.
FINTEC PRICE NOW IS TRADING AT 0.015 CURRENTLY.

HOLDING NASDAQ SHARES IS DEFINATELY MORE VALUABLE AND MORE MARKETABLE THAN OUR MSIAN MARKET SHARES. THE PROSPECT IS SURELY BETTER IN TERM OF PERFORMANCE AND RETURNS.

Description
DISTRIBUTION-IN-SPECIE OF UP TO 20,124,963 ORDINARY SHARES IN ARB IOT GROUP LIMITED ("AIGL") ("AIGL SHARES"), REPRESENTING APPROXIMATELY 76.12% EQUITY INTEREST HELD BY ARB BERHAD ("ARB") IN AIGL, ON THE BASIS OF 14 AIGL SHARES FOR EVERY 1,000 ORDINARY SHARES IN ARB ("ARB SHARES") HELD BY THE ENTITLED SHAREHOLDERS OF ARB WHOSE NAMES APPEAR IN THE RECORD OF DEPOSITORS OF ARB SHARES AS AT 22 JANUARY 2024 ("DIVIDEND-IN-SPECIE")

About ARB BERHAD
ARB Berhad, an investment holding company, manufactures and sells wood products primarily in Malaysia. It operates through five segments: Investment Holdings and Others, Manufacturing of Wood Products, Barging, Timber, and Information Technology. The company manufactures sawn timber and veneer. It also engages in the provision of scows and tug boats hiring services; consulting services for project management; management services; and timber contracting activities. In addition, the company is involved in reselling customized enterprise resource planning software system and information technology related services. ARB Berhad was founded in 1989 and is headquartered in Tawau, Malaysia.

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
YES ; ONLY SAW THIS ANNOUNCEMENT TODAY. THANKS ABBA84.

Yesterday Night Closing : Currency in USD 2.23
Date Open High Low Close* Adj Close** Volume
Jan 02, 2024 2.5000 2.5000 2.0600 2.2300 2.2300 159,800

Thanks Abba84. Missed seeing the announcement. Here is the Historical Prices and Volume transacted in the US. Currency in USDDownload
Date Open High Low Close* Adj Close** Volume
Jan 02, 2024 2.5000 2.5000 2.0600 2.2300 2.2300 159,800
Dec 29, 2023 2.4000 2.6000 2.3000 2.5500 2.5500 256,300
Dec 28, 2023 2.2100 2.6390 2.1500 2.5200 2.5200 895,900
Dec 27, 2023 2.4400 2.4400 1.8900 2.3200 2.3200 2,677,400
Dec 26, 2023 2.2500 4.5400 2.1540 2.5900 2.5900 99,429,200
Dec 22, 2023 0.8350 0.9500 0.8350 0.9500 0.9500 4,600
Dec 21, 2023 0.9000 0.9000 0.7950 0.8070 0.8070 50,700

WHEN IS THE EX-DATE FOR DIVIDEND ENTITLEMENT FOR ARBB? ANYBODY KNOWS?

YES

Last day 29/12/2023 Close at USD2.55

THESE 3 DAYS, ARB-IOT NASDAQ SHARES WENT UP TO USD2.52. GOOD NEWS.

Tomorrow 27/12/2023 is the last day to sell ARBB-PA at whatever price available. After that, all remaining PA unsold will be automatically converted to ARBB shares at the ratio of 14:1. There will be no more ARBB-PA already. Tomorrow is the Ex-Date.

thanos2020 & felet404. I understand your feelings towards Fatty Liew for losing so much money in this ARBB counter based on the apparent good company results reported by the ARBB from 2019 to 2022. I think the latest falling of ARBB market prices was mainly due to the adverse publicity of Dato Seri Chin's bad handlings of AGESON accounts and his wrong doings charged in court to him and to Ageson where DS Liew was his major partner in that business. Sorry for hearing and bearing all the losses. Who is not angry for losing money? FYI. I just came into this ARBB and ARBB-PA just this month in December 2023. All the while, I did not touch Ageson or ARBB before. SO SAD that all the earlier investors kena kaw kaw due to drop in Ageson and ARBB prices within a few months after Feb 2023 till May 2023 for Ageson and May 2023 to Nov 2023 for ARBB. Deep sympathies to all.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=230094&name=EA_DS_ATTACHMENTS

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=230094&name=EA_DS_ATTACHMENTS

Announcement on the 14/12/2023 : ARBB-PA expiry date changed from 15th January 2024 to 28th December 2023 as announced in the Bursa and effectively afterward, all the ICPS units will be suspended from trading pending conversion to Mother Share 14:1. Dividend Calculation will follow if the EGM this coming 27/12/2023 is APPROVED accordingly.

Expiry/Maturity of the securities
14 Dec 2023, 07:00
Expiry/Maturity of the securities
Instrument Category : Securities of PLC
Instrument Type : Preference Shares
Mode of Satisfaction of Exercise/Conversion Price : Others: Cash or Tendering
of securities
Exercise/ Strike/ Conversion Price : MYR 0.1400
Exercise/ Conversion Ratio : 14:1
Settlement Type/ Convertible into : Physical (Shares)
Last Date & Time for Trading : 27/12/2023 05:00 PM
Date & Time of Suspension : 28/12/2023 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c : 08/01/2024 04:30 PM
Date & Time of Expiry : 15/01/2024 05:00 PM
Date & Time of Delisting : 16/01/2024 09:00 AM
Remarks :
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access

Expiry/Maturity of the securities
14 Dec 2023, 07:00
Expiry/Maturity of the securities
Instrument Category : Securities of PLC
Instrument Type : Preference Shares
Mode of Satisfaction of Exercise/Conversion Price : Others: Cash or Tendering
of securities
Exercise/ Strike/ Conversion Price : MYR 0.1400
Exercise/ Conversion Ratio : 14:1
Settlement Type/ Convertible into : Physical (Shares)
Last Date & Time for Trading : 27/12/2023 05:00 PM
Date & Time of Suspension : 28/12/2023 09:00 AM
Last Date & Time for Transfer into Depositor's CDS a/c : 08/01/2024 04:30 PM
Date & Time of Expiry : 15/01/2024 05:00 PM
Date & Time of Delisting : 16/01/2024 09:00 AM
Remarks :
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access

That's normal. IPO at USD 4-00 dropping to USD 0.84 today. Remember buy now KLSE ARBB Mother at 7.0 or 7.5 sen and PA at RM0.005 will be safe and okay. You said Fat Boy not generous but you must remember, his very big portion of shareholdings is involved here. He also mahu huat mah.

Remember buy now Mother at 7.0 or 7.5 sen and PA at RM0.005 will be safe and okay. You said Fat Boy not generous but you must remember, his very big portion of shareholdings is involved here. He also mahu huat mah.

This ARBB-PA will be automatically converted to Mother Share upon expiry on the 15 Jan 2024 at the ratio of 1 Mother Share for 14 PA. Just in time to complete their Dividend Distribution exercise this coming 27 December 2023 EGM. Upon conversion to ARBB shares, ARBB distributes 14 ARB-IOT shares listed in Nasdaq for every 1,000 ARBB Shares that you are holding. Wow. What a Good Way to add new Nasdaq listed shares into our Portfolio? Guess we should buy ARBB shares now or add more ARBB-PA to get them automatically converted on the 15/1/2024 for our brand new experience of holding or and trading in the Nasdaq counter in the future. At least we get to feel of trading in the New York Stock Exchange under Nasdaq.

Yes. MarcusBioTech. This PA automatically be converted to Mother Share upon expiry on the 15 Jan 2024 at the ratio of 1 Mother Share for 14 PA. Just in time to complete their Dividend Distribution exercise this coming 27 December 2023 EGM. Upon conversion to ARBB shares, ARBB distributes 14 ARB-IOT shares listed in Nasdaq for every 1,000 ARBB Shares that you are holding. Wow. What a Good Way to add new Nasdaq listed shares into our Portfolio? Guess we should buy ARBB shares now or add more ARBB-PA to get them automatically converted on the 15/1/2024 for our brand new experience of holding or and trading in the Nasdaq counter in the future. At least we get to feel of trading in the New York Stock Exchange under Nasdaq.

https://www.arbberhad.com/

Another Good News if Trax project in Jalan Tun Razak is completed and that area becomes robust again soon.