Fail sulit Ketua Mafia Korporat didedah, Azam Baki KP SPRM perlu tangkap Victor Chin, Chong Loong Men & Datuk Eddie
Fail sulit Peguam Mafia Korporat Chong Loong Men sudah didedah. Kini fail sulit Ketua Mafia Korporat Datuk Victor Chin Boon Long pula didedah. Rampasan syarikat Revenue Group pula dedah penyelewengan Datuk Eddie sehingga letak jawatan Pengarah Eksekutif. Tangkap 3 Individu ini akan bongkar jenayah Mafia Korporat di negara ini..
Particulars of substantial Securities Holder Name MMAG HOLDINGS BERHAD 1 20 Jan 2022 194,500,000 Acquired Direct Interest Subscription of new shares via Rights Issue
Direct (units) 229,500,000 Direct (%) 16.613 Date of notice 20 Jan 2022
====================== B. INGENIEUR GUDANG BERHAD
Particulars of substantial Securities Holder Name MMAG HOLDINGS BERHAD 1 22 Mar 2023 10,000,000 Disposed Direct Interest Direct (units) 282,917,790 Direct (%) 27.27 Date of notice 23 Mar 2023
==================== C. MSCM HOLDINGS BERHAD (now known as HONG SENG CONSOLIDATED BERHAD) Particulars of Substantial Securities Holder Name MMAG HOLDINGS BERHAD
Date of cessation 04 Aug 2020 No of securities disposed 95,207,303 Date of notice 05 Aug 2020
==================== Multi year loss making company Directors using company fund to invest in other penny stocks instead of doing business for profits
When company fund is depleted, directors might raise more fund to via shares issuance to PP, ESOS or do shares consolidation followed by RI again
NOSH = 2,422,391,577 might rise further with more share issuance, diluting shareholders equity % and EPS
(I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED RIGHTS ISSUE
(i) proposed consolidation of every 10 existing ordinary shares in MMAG (“MMAG Share(s)” or “Share(s)”) into 1 MMAG Share (“Consolidated Share(s)”) (“Proposed Share Consolidation”); and
(ii) proposed renounceable rights issue of up to 1,453,434,942 new MMAG Shares (“Rights Shares”) on the basis of 6 Rights Shares for every 1 Consolidated Share held as at the close of business on an entitlement date to be determined later (“Rights Issue Entitlement Date”) at an issue price of RM0.10 per Rights Share (“Issue Price”), together with up to 726,717,471 free detachable warrants in MMAG (“Warrant(s)”) on the basis of 1 Warrant for every 2 Rights Shares subscribed for (“Proposed Rights Issue”).
Please refer to the attachment for further details on the Proposals. This announcement is dated 18 May 2023. Please refer attachment below.
=================== Very bad news for loyal long term shareholders Good news for directors to collect lots of money from shareholders Directors set to collect up to RM145 million from the rights issue Master stroke by the directors who are incapable to generate profits from business but able to collect lots of money from fund raising
=================== TAYOR, take care of your hard-earned money
MMAG is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 18 May 2023
=================== Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses from share consolidation
Company fund depleted Directors have more reasons to raise more fund via share issuance to RI, PP,ESOS after share consolidation
===================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Changes in Director's Interest (Section 219 of CA 2016) MMAG HOLDINGS BERHAD
Particulars of Director Name MADAM CHAN SWEE YING 1 02/06/2023 4,615,600 Acquired Direct Interest Consideration (if any) RM0.01 Acquisition of shares via open market Direct (units) 283,624,800 Direct (%) 11.708 Date of notice 06/06/2023
Director has more than 1 low price high NOSH penny stock companies to take care of. Moving from one company to another Could she be proxy to some powerful price influencer ?
================= Change in Boardroom DYNACIATE GROUP BERHAD (now known as INGENIEUR GUDANG BERHAD) Date of change 01 Aug 2022 Name MADAM CHAN SWEE YING Age 50 Gender Female Nationality Malaysia Designation Executive Director
================ Change in Boardroom MMAG HOLDINGS BERHAD Date of change 29 Nov 2017 Name MADAM CHAN SWEE YING Age 45 Gender Female Nationality Malaysia Designation Non-Independent Director
================= VORTEX CONSOLIDATED BERHAD Date of change 10 Apr 2020 Name MADAM CHAN SWEE YING Age 48 Gender Female Nationality Malaysia Designation Executive Director Type of change Appointment
===================
HARVEST MIRACLE CAPITAL BERHAD (previously VORTEX CONSOLIDATED BERHAD) Date of change 28 Feb 2023 Name MADAM CHAN SWEE YING Age 50 Gender Female Nationality Malaysia Designation Executive Director Directorate Executive Type of change Resignation
(I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED RIGHTS ISSUE
On behalf of the Board, TA Securities wishes to announce that the application in relation to the Proposals has been submitted to Bursa Securities on 26 May 2023.
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....
Winner38
472 posts
Posted by Winner38 > 2023-03-02 21:57 | Report Abuse
Be patient.. Coming soon goreng..