Posted by hoot9e996 > 2023-04-09 00:16 | Report Abuse

https://www.theedgemarkets.com/node/662617 yo anyone good into this kind of stuff?

Posted by hoot9e996 > 2023-04-09 00:16 | Report Abuse

Ageson proposes to transfer listing status to Afton Bhd via one-to-one share exchange

Posted by speakup > 2023-04-09 13:19 | Report Abuse

Afton bagus?

Posted by Yu_and_Mee > 2023-04-09 14:34 | Report Abuse

while the current directors of Afton shall resign
means Ageson will control the Afton Bhd, then soon a new soon to ready failure company will be listing

Posted by whistlebower99 > 2023-04-10 08:50 | Report Abuse

FOR NEWBIES

(I) PROPOSED INTERNAL REORGANISATION; AND
(II) PROPOSED ESOS

(i) proposed internal reorganisation by way of a members’ scheme of arrangement under Section 366 of the Companies Act 2016 (“Act”) (“Scheme”) comprising the following:

(a) proposed share exchange of up to 565,941,589 ordinary shares in Ageson (“Ageson Share(s)”) as at 31 March 2023, being the latest practicable date prior to the date of this announcement (“LPD”), representing the enlarged issued share capital of Ageson assuming full conversion of all the outstanding Ageson ICPS (as defined herein), with up to 565,941,589 new ordinary shares in Afton Berhad (“Afton”) (“Afton Share(s)”) on the basis of 1 new Afton Share for every 1 existing Ageson Share held on an entitlement date to be determined later (“Entitlement Date”) (“Proposed Exchange of Shares”);

(b) proposed share exchange of up to 254,281,099 irredeemable convertible preference shares (“ICPS”) in Ageson (“Ageson ICPS”) as at the LPD, representing all the outstanding Ageson ICPS, with up to 254,281,099 new ICPS in Afton (“Afton ICPS”) on the basis of 1 new Afton ICPS for every 1 existing Ageson ICPS held on the Entitlement Date (“Proposed Exchange of ICPS”); and

(ii) proposed establishment of an employees’ share option scheme (“ESOS”) of up to 15% of the total number of issued Afton Shares (excluding treasury shares, if any) at any point in time during the duration of the ESOS for the eligible executive directors and employees of Afton and its subsidiaries, excluding dormant subsidiaries and foreign subsidiaries incorporated out of Malaysia, if any, who fulfil the eligibility criteria as set out in the by-laws of the ESOS (“Proposed ESOS”) upon the completion of the Proposed Internal Reorganisation.

Please refer to the attachment for further details on the Proposals.

This announcement is dated 7 April 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3342861

=================
Effectively, company name will be changed from Ageson Berhad to Afton Berhad

Name Ageson not good fengshui due to management issues ?

Posted by speakup > 2023-04-10 15:56 | Report Abuse

Nampak mcm just change name je

Posted by speakup > 2023-04-10 15:57 | Report Abuse

Am I right?

Posted by hoowk77 > 2023-04-11 13:27 | Report Abuse

question is who behind Afton? if just for change name, EGM will do. No need for shares exchange, cost monies

Posted by felet404 > 2023-04-11 13:31 | Report Abuse

Moved to a new shell and start raising fund again?

Posted by whistlebower99 > 2023-04-12 16:46 | Report Abuse

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Maybe change company name to 'hide' the past from new investors
7. Repeat step 1 to 6

Posted by joaco54 > 2023-04-12 16:50 | Report Abuse

Why change name? Ages is better name for sure

Posted by hoowk77 > 2023-04-18 15:20 | Report Abuse

time to keep some

Posted by cicakman > 2023-04-19 08:40 | Report Abuse

Runnnn.

Posted by cicakman > 2023-04-20 16:04 | Report Abuse

Next Quater will it be another PN17 team?

Posted by Michael R. > 2023-04-25 11:58 | Report Abuse

looks like heading back to 0.015 if no intervention...

Posted by cicakman > 2023-04-25 12:27 | Report Abuse

Runnn..
Chamge folio lor !

Posted by cicakman > 2023-04-26 09:12 | Report Abuse

Don't touch..

Posted by whistlebower99 > 2023-04-26 09:19 | Report Abuse

FOR NEWBIES

Take note of the problems faced by company and directors .......

AGESON BERHAD ("AGESON" OR "THE COMPANY") - DELAY IN ISSUANCE OF THE COMPANY'S ANNUAL REPORT FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2022

The Board of Directors of Ageson wishes to announce that the Company is unable to release to Bursa Malaysia Securities Berhad ("Bursa Securities") and shareholders its Annual Report that includes the annual audited financial statements together with the auditors’ and directors’ reports in respect of the financial period ended 31 December 2022 (“Annual Report 2022”) within four (4) months from the close of the financial year of the Company which falls on 28 April 2023 as required under Paragraph 9.23(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Securities (“Relevant Timeframe”).

The delay in the issuance of Annual Report 2022 was mainly due to the additional time needed by the Company to identify for suitable Auditors since the resignation of the previous Auditors. The Company has been actively searching for potential new Auditors subsequent to the resignation of predecessor Auditors. The Company has approached a total of 16 potential auditors, and majority of the auditors responses were negative due to resources constraints of the respective firms.

Notwithstanding the above, the Company is still actively searching for potential Auditors to undertake the audit appointment and expects to issue and submit its Annual Report 2022 by October 2023.

:
:
:
This announcement is dated 25 April 2023.
https://www.klsescreener.com/v2/announcements/view/4719317

Posted by whistlebower99 > 2023-04-26 09:19 | Report Abuse

AGESON BERHAD ("AGESON" OR "THE COMPANY") - DELAY IN ISSUANCE OF THE COMPANY'S ANNUAL REPORT FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2022

Pursuant to Paragraph 9.28(5) of the MMLR, if the Company fails to announce/issue the outstanding Annual Report 2022 within five (5) market days after the expiry of the Relevant Timeframe (the last day of this five (5) market days period is referred to as “Suspension Deadline”) i.e. on 9 May 2023, in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend trading in the securities of the Company. The suspension shall be effected on the next market day after the Suspension Deadline i.e. on 10 May 2023 and will be lifted on the market day following the announcement/issuance of the outstanding Annual Report 2022 unless otherwise determined by Bursa Securities.

Pursuant to Paragraph 9.28(6) of the MMLR, if the Company fails to announce/issue the outstanding Annual Report 2022 within six (6) months from the expiry of the Relevant Timeframes, in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall commence de-listing procedures against the Company.

This announcement is dated 25 April 2023.

https://www.klsescreener.com/v2/announcements/view/4719317

====================
Risk of suspension and delisting !!!

Posted by cicakman > 2023-04-26 10:07 | Report Abuse

Runnn quick quick.

Posted by cicakman > 2023-04-26 10:19 | Report Abuse

After find new Auditor;the findings are.....???
Don't kamikazeeeeee...

Posted by kutipkutip > 2023-04-26 10:20 | Report Abuse

sudah cecah 0.065 , apa dah jadi ?

Posted by cicakman > 2023-04-26 10:29 | Report Abuse

Runnn while you csn bro..

Posted by whistlebower99 > 2023-04-26 10:39 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
18 Apr 2022 05 May 2022 Rights Issue 2.0000 : 1.0000 0.2000
29 Mar 2022 11 Apr 2022 Share Consolidation 1.0000 : 15.0000

RENOUNCEABLE RIGHTS ISSUE OF UP TO 716,335,858 NEW ORDINARY SHARES IN AGESON BERHAD ("AGESON" OR "COMPANY") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 6 MAY 2022 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE ("RIGHTS ISSUE")

https://www.klsescreener.com/v2/stocks/view/7145/ageson-berhad

====================
Last year directors already collected lots of money from rights issue (more than 40 million)
Long term loyal investors better check where the money now?

Is it auditors have headache want to audit ?

Posted by hoot9e996 > 2023-04-26 10:45 | Report Abuse

habis -50% haha

Posted by hoot9e996 > 2023-04-26 10:45 | Report Abuse

so when average? any idea or leave it be

Posted by cicakman > 2023-04-26 10:46 | Report Abuse

Could be karim geng :)

Posted by hoot9e996 > 2023-04-26 10:50 | Report Abuse

no wonder want name change.....

Posted by cicakman > 2023-04-26 10:52 | Report Abuse

Bolih tutup kedai meahhh!

Posted by cicakman > 2023-04-26 10:58 | Report Abuse

hoot, unless there are good news or indicators, better don't ave.
It's not that easy to get new auditors and they communicate to understand and share bit of info.

Posted by nicholas99 > 2023-04-26 12:13 | Report Abuse

run lo..

Posted by nicholas99 > 2023-04-26 12:14 | Report Abuse

勇胜集团510停牌 10th May stop trading.

Posted by 651158 > 2023-04-26 12:41 | Report Abuse

just stop trading only just buy and keep see after six months

Posted by linheng > 2023-04-26 13:32 | Report Abuse

Market cap is left only 19m. Cheaper than Sanichi

Posted by linheng > 2023-04-26 13:33 | Report Abuse

At 5.5 cents, market cap is 17m. Cheaper than Sanichi

Posted by cicakman > 2023-04-26 14:33 | Report Abuse

Double barel short gun.
PN17 bolih kena.
Delisting oso kena

Posted by JuliusCeasar > 2023-04-26 14:38 | Report Abuse

Soon PN17!

Posted by linheng > 2023-04-26 15:02 | Report Abuse

Haha. At this market cap of 17m, buying 30% cost only 5.1m. Can have a main board company. Sure got people come in.

Posted by Spacewhalezz > 2023-04-26 15:05 | Report Abuse

Hahaha pn17 coming for Ages, thank you dato liew !

Posted by mectronx > 2023-04-26 15:07 | Report Abuse

Cheaper than Sanichi, but u dare to buy?

Posted by felet404 > 2023-04-26 15:11 | Report Abuse

Company being milked dry by Fatty Liew, which one is next? ARBB or Annum? For shareholder's interest, I hope SC can do something about it to stop all these conman ED!

Posted by nicholas99 > 2023-04-26 15:19 | Report Abuse

maybe report also fake 1. haha..

Posted by cicakman > 2023-04-26 16:20 | Report Abuse

Curent and coming insiders oso cabut.
Sure kena kaw kaw.

Posted by hhhiii123 > 2023-04-26 16:46 | Report Abuse

never touch conman company lol, another serbak

Posted by Michael R. > 2023-04-26 16:49 | Report Abuse

0.015 is coming closer... not long ago was 0.015.... Consolidation .. 0.50+.. now here we are...

Posted by aspenvit > 2023-04-26 20:46 | Report Abuse

Just an audit report, pay more for auditor, sure got takers.

Posted by Michael Kwok > 2023-04-26 21:04 | Report Abuse

The one who put resistance,then buy on tht day of 29 cents.but not even a single day above tht.if follow then a no buy below tht level.
a person though i curse the counter as below;;

Posted by SengGor1011 > 2022-10-27 12:26 | Report Abuse

hope michael kwok can jinx la hahaaha

Ageson price 26 cents
Resistance(29 cents) breach by 4pm buy
27/10/22 1.36am

Posted by linheng > 2023-04-27 05:20 | Report Abuse

At 4.5 cents, just take a punt. Risk Reward ration. Risk what you can afford. Just appoint a small auditor. Sure can get

Posted by cicakman > 2023-04-27 08:48 | Report Abuse

If cannot make money, DON'T loose it.

Posted by tksw > 2023-04-27 08:58 | Report Abuse

why take the risk of being con?