Posted by rob8ry24 > 2 months ago | Report Abuse

catch limit down

Posted by xuxu > 2 months ago | Report Abuse

this one also news out all gone

Posted by ronnie2u > 2 months ago | Report Abuse

catch if you dare hahahaha

Posted by fl888 > 2 months ago | Report Abuse

Spent 788plus million, get only 231 million.....LD....RP also not able to submit in April...

Posted by stainlyho37 > 2 months ago | Report Abuse

too far from 700m.....lau sai..!!!

Posted by rob8ry24 > 2 months ago | Report Abuse

limit down 21c la kaka

Posted by duatlai > 2 months ago | Report Abuse

Court asked Government to pay for job done Rm231 mil. Plus allocation fee

Posted by xiaoeh > 2 months ago | Report Abuse

Posted by Rajankumar > 1 hour ago | Report Abuse
Finally, Awantec won the legal dispute with GOM. This is the best outcome for Awantec. With an amount of RM231 Million + RM58 million (5% interest for 5 years), Awantec can be moving ahead.

agree
and how about the listing issue bro Rajankumar?

Posted by AmmarSyahiran > 2 months ago | Report Abuse

why droppppp so much even winninng some compennnsationnn

Posted by thanos2020 > 2 months ago | Report Abuse

Those that panic sold after lunch...pls continue to sell..i wld like to pickup more below 40sen. If you looked at the bigger picture of projects awarded and the compensation they are receiving. They are in a very good position... much better than CapitalA tat ppl r paying a premium for it

Posted by thanos2020 > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/704578

Posted by xiaoeh > 2 months ago | Report Abuse

personally,
i think RM700mil++that Awantec set earlier was just one kind of art of negotiation
imagine what will Awantec get if the compensation amount set was RM500mil or lower

Posted by thanos2020 > 2 months ago | Report Abuse

Exactly...after settling all their long term liabilities..still ada Rm50mill free cash from the compensation. Dont understand what all this hoohaa is abt...

Posted by ronnie2u > 2 months ago | Report Abuse

punters make money and run....
investors stays HODL

Posted by 11395861 > 2 months ago | Report Abuse

Really suspended after win the battle about SKIN compensation RM232 milion...market capital Awantech almost RM400 milion...the really share price between 0.60 cent till 0.80 cent.

Posted by EatCoconutCanWin > 2 months ago | Report Abuse

Scam... Siapa mau kasi project Sama ini company, tengok pun tau company buruk. Siapa tipu siapa pun tak tau lo

Posted by speakup > 2 months ago | Report Abuse

Redtone kasi rm300mil projek kpd Awantec. So mcm mana?

Posted by jvw1520 > 2 months ago | Report Abuse

It shld be good news in the GOM compensation and the couple of contracts obtained …. so tomorrow shld b green …

Posted by Noni > 2 months ago | Report Abuse

The compensation is only 1/3 of the company's expectation. Hence it turned red.....

Posted by Bull13 > 2 months ago | Report Abuse

Awantec must appeal. At least 50% of compensation or negotiate with govt to reinstate it as a full or part vendor for the NIISE.

Posted by boyah89 > 2 months ago | Report Abuse

The GOM just pay the compensation 231m for the ongoing job.. i think 700m the damage of breach contract, GOM will pay through new projects to Awan. you see already 2 projects awarded to awan.. soon more to come

Posted by 11395861 > 2 months ago | Report Abuse

Awaiting must accept compensation RM232 milion including interest 5% per anum i believe NiiSe to be award soon by GOM......be positive mind.

Posted by Badaksumbuuu > 2 months ago | Report Abuse

Tak tau apa nak cakap lagi . Menang dekat 300 juta campur interest pun jatuh . Pertama kali saya kecewa dgn counter ini . Project ada duit ada . Lawan GOM bukan senang tapi pun menang . Amount pun ok . Pas menang jatuh 15 sen . Dari 55 sen sampai 40 sen . Haizzzzzz

Posted by minher > 2 months ago | Report Abuse

PARAGRAPH/RULE 8.03A COMPANIES : MONTHLY ANNOUNCEMENT
AWANBIRU TECHNOLOGY BERHAD

Type Announcement
Subject PARAGRAPH/RULE 8.03A COMPANIES
MONTHLY ANNOUNCEMENT
Description AWANBIRU TECHNOLOGY BERHAD ("AWANTEC" OR "THE COMPANY") - MONTHLY ANNOUNCEMENT ON THE STATUS OF PLAN TO REGULARISE THE FINANCIAL CONDITION OF THE COMPANY PURSUANT TO PARAGRAPH 8.03A OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS
We refer to our first announcement dated 29 January 2021 and subsequent announcements in relation to the Company triggering the prescribed criteria pursuant to Paragraph 8.03A 2(a)(aa) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”).

We had on 13 October 2023 announced that Bursa Securities had, vide its letter dated 13 October 2023, granted the Company an extension of time of 6 months up to 13 April 2024 to submit its regularisation plan to the relevant regulatory authorities for approval.

The Company has approximately 1 month to submit a regularisation plan to the relevant regulatory authorities for approval and will make the relevant announcement in relation to its latest development in accordance with the requirements under Paragraph 8.03A of the Listing Requirements.

This announcement is dated 1 March 2024.

Posted by minher > 2 months ago | Report Abuse

Dun forget that Awantec still got 1 month to submit the regularisation plan. If fail to do it, Awantec will facing suspend and delist.

Posted by minher > 2 months ago | Report Abuse

I think major shareholder dump the share in market, bcos they scare Awantec will suspend after failing to submit the regularisation plan which very near soon.

Posted by minher > 2 months ago | Report Abuse

NYLEX is good example. NYLEX suspended after failing submit the regularisation plan. Even Nylex made appeal and successful get extension, but Nylex share trading still suspended. Dun know Awantec will facing such problem or not.

Posted by minher > 2 months ago | Report Abuse

Play safe. Dun buy and stay sideline.

Posted by Badaksumbuuu > 2 months ago | Report Abuse

RP tu is the LEAST WORRY krn karang Awantec udah ada beberapa project dalam tangan from GOM dan juga 1 besar punya dari Red Tone . Dan duit pun ada utk settle kat creditor . The worst is over . Tapi pun jatuh . Market ini menang amat amat amat susah menang duit .

Posted by helangtua > 2 months ago | Report Abuse

Gap to be filled 0.34

Posted by helangtua > 2 months ago | Report Abuse

literally retail panic sell just look at the volume

Posted by 11395861 > 2 months ago | Report Abuse

Yesss....Awantech still Affected Listed Issuer till 2nd April 2024 n it has been made appeal n not approval.....bursa not drop this.

Posted by 11395861 > 2 months ago | Report Abuse

Sorry...till 13hb .April 2024

Posted by xiaoeh > 2 months ago | Report Abuse

buy on news
sell on facts

Posted by money_talk > 2 months ago | Report Abuse

generally its win. winning against GOM is not easy + now getting huge projects. look at future lor.. hopefully the company will get the Affected Listed Issuer out soon.

Posted by duatlai > 2 months ago | Report Abuse

Syndicate pump U dump cohort with insiders

Posted by hiroshi03 > 2 months ago | Report Abuse

https://www.malaymail.com/news/malaysia/2024/03/15/tengku-zafrul-says-will-meet-microsoft-ceo-satya-nadella-in-mission-to-make-malaysia-digital-hub-of-asean/123595

Posted by Newinfo > 2 months ago | Report Abuse

look at the market cap 312m. Compensate 200m almost 70%

Posted by minher > 2 months ago | Report Abuse

Something wrong here, why big player and shareholder dump their shares so fiercely? Is it something very bad going to happen soon?

Posted by cheong3288 > 2 months ago | Report Abuse

can collect at 32-35sen. many contra player no money selling hard

Posted by 11395861 > 2 months ago | Report Abuse

Minher..not a big player but volume still small....yesterday almost 30 milion shares..today now 32 milion

Posted by 11395861 > 2 months ago | Report Abuse

Syndicate manipulation price to force share prices down....then they buy n make money.

Posted by boyah89 > 2 months ago | Report Abuse

dua kali oo kena ngan awan.. dulu time ogos, lepastu semalam dan harini.. frust nya!!

Posted by chokra > 1 month ago | Report Abuse

When Immigration cancelled the SKINS contract in 2019, share price of Prestariang (now known as Awantec) fell to around 0.10 sen. Thereafter the price had a steady recovery. In November 2020, Prestariang allocated Rights at 0.20 sen per unit with free warrants. By December 2020, you could sell those warrants attached above 0.70 sen. Likewise, you could sell the mother stock at above Rm1.20 in March 2021. Why did the price dropped like a rock and then had an astronomical high? Market manipulators at work, I believe. These unscrupulous market manipulators saw an opportunity to profit because they had the money to manipulate the market. There is no logic behind such gyrations of share price. Surely Awantec cannot be so badly managed until it is worthless. Awantec was a victim of politicians who punished the company just to get back at their political opponents. Events now unfolding with one party fleeing the country after SKINS cancellation and the awarding of a new immigration contract (now also cancelled) shows what can happen when there is a change of government. I will not sell my Awantec shares at such low prices to unscrupulous market manipulators. Just ask yourself, should the price be so low after winning a court case. Yes, opportunity cost and holding cost for Awantec may not have been factored in by judge during judgement but the award given is no chicken feed either. Awantec can now move forward, they have the cash to venture into other lucrative areas. But never allow market manipulators to cloud your judgement. Hold on to Awantec shares until better times.

Posted by comebackkid > 1 month ago | Report Abuse

Total compensation amount insufficient to pay creditors? A potential PN17 candidate?

Posted by Newinfo > 1 month ago | Report Abuse

https://www.klsescreener.com/v2/stocks/financial-report/5204/2023-12-31

Posted by happi88 > 1 month ago | Report Abuse

AI coming

Posted by WCapital > 1 month ago | Report Abuse

Awantec will be debt free with this 231mil compensation from gov and in healthy balance position. moving forward..
Awantec will focus to grow the company business MyGovUC3.0 and NAHRIM projects. more projects will come soon ..

Posted by mf > 1 month ago | Report Abuse

collect

Posted by Bull13 > 1 month ago | Report Abuse

Awantec will get a slice of NIISE??