1 20 Apr 2023 790,000 Disposed Indirect Interest Name of registered holder Dato' Tan Wei Lian
2 20 Apr 2023 3,106,100 Acquired Direct Interest Name of registered holder TWL Capital Berhad
3 27 Apr 2023 14,000,000 Acquired Indirect Interest Name of registered holder Dato' Tan Wei Lian
4 27 Apr 2023 14,000,000 Disposed Direct Interest Name of registered holder TWL Capital Berhad
5 27 Apr 2023 2,000,000 Acquired Direct Interest Name of registered holder TWL Capital Berhad
1. Disposal of Ordinary Shares through Open Market by Dato' Tan Wei Lian. 2. Acquisition of Ordinary Shares through Open Market. 3. Acquisition of Ordinary Shares via Direct Business Transaction by Dato' Tan Wei Lian. 4. Disposal of Ordinary Shares via Direct Business Transaction. 5. Acquisition of Ordinary Shares through Open Market. Date of notice 28 Apr 2023
1 17 Apr 2023 2,500,000 Disposed Direct Interest Name of registered holder Dato' Tan Wei Lian 2 17 Apr 2023 6,025,000 Acquired Indirect Interest Name of registered holder TWL Capital Berhad
1. Disposal of Ordinary Shares through open market. 2. Acquisition of Ordinary Shares through open market by TWL Capital Berhad
=============== About 10 BILLION of shares, RCULS and warrants combined
Very very low EPS even if directors able to show some profits from business (based on past records, mostly annual losses)
Too heavy mother and babies for operators to move the price up
====================== Be careful holding high NOSH low price loss making penny stocks, many of which had undergone share consolidation causing huge losses to holders
=================== Could be another BORNOIL, FINTEC, FOCUS in the making
RENOUNCEABLE RIGHTS ISSUE OF UP TO RM111,279,632 NOMINAL VALUE OF 5,563,981,607 5-YEAR 5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS IN TWL HOLDINGS BERHAD ("TWL" OR THE "COMPANY") ("RCULS") AT 100% OF ITS NOMINAL VALUE OF RM0.02 EACH TOGETHER WITH UP TO 1,112,796,321 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS E") ON THE BASIS OF 10 RCULS TOGETHER WITH 2 FREE WARRANTS E FOR EVERY 10 EXISTING ORDINARY SHARES IN THE COMPANY HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 MAY 2023 ("RIGHTS ISSUE")
============================= Ex-Date 18 May 2023
Date for commencement of trading of rights 22 May 2023 Date for cessation of trading of rights 29 May 2023
Acceptance and Payment 06 Jun 2023 05:00 PM Excess share application and payment 06 Jun 2023 05:00 PM
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 14 Jun 2023
The company said the fund raised from this issuance, which would range from RM25 million to RM111.3 million, would be mainly used to undertake three affordable housing development projects under the Rumah Selangorku scheme, comprising a total of 2,600 housing units, with a total gross development value of RM624 million.
3 project with total GDV of RM624m under the Rumah Selangorku scheme, time for TWL to move up !
As long more & more quality project are coming into TWL, then got chance to gain back trust la. Even the directors are going to oversubscribe, relax relax.. patience will be rewarded..
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) TWL HOLDINGS BERHAD
Particulars of substantial Securities Holder Name TWL CAPITAL BERHAD 1 05 May 2023 31,216,000 Acquired Direct Interest Name of registered holder TWL Capital Berhad
2 09 May 2023 2,142,000 Acquired Indirect Interest Name of registered holder Dato' Tan Wei Lian
1. Acquisition of Ordinary Shares via Direct Business Transaction. 2. Acquisition of Ordinary Shares through Open Market by Dato' Tan Wei Lian.
Boss subscribe more RCULS. Boss collect more money from the subscription of RCULS and control the money in company fund.
Boss not good in making money for company and shareholders Boss can use more money to sustain the losses and get paid even when company making multi year losses
Investors A had 300,000 units of TWL at the costs of RM0.04. Subsequently, the investor decided to subscribe fully to the rights issue at a costs per RCULS at RM0.02, resulting in investor A holding another 300,000 units of TWL-RCULS.
With the subscription, investor A is also entitled for 60,000 units of free Warrants E together.
Taking the straight-line method, the average costs per TWL of the investor should be RM0.035 upon full conversion of the RCULS.
Method A:
(300,000 units * RM0.04) + (300,000 units * RM0.03) = 600,000 units @ RM0.035 per share
Method B:
(300,000 units * RM0.04) + (200,000 units * RM0.02) = 500,000 units @ RM0.032 per share
Given the TEAP of TWL is RM0.0479 according to the announcement, a discount to RM0.04 (worse case scenario) still governs a profit of 14% to 25%. This is excluding the fact that investor A still had 60,000 units of free Warrant E with nominal value of RM0.010 (RM0.04 market value – RM0.03 conversion price).
Big players dumping WD into market for retailers to hold until expiry date Maturity 2024-10-04 Strike value 0.0400
================= Be careful of your hard-earned money if holding cheap low price warrants of cheap low price penny stocks Many warrants became garbage approaching expiry date
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....
jaywalker
58 posts
Posted by jaywalker > 2023-05-02 15:02 | Report Abuse
rumors floating around that someone collecting quietly .......