Highlights
Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
0.06   0.00 (0.00%)  0.055 - 0.06  10,908,400
7,440 comment(s). Last comment by anaktodak at Dec 4, 2020 11:59 AM
Like
 5 people like this.
 
 Post Reply   Back  

ThePowerOfGlove
1357 posts

Posted by ThePowerOfGlove > Sep 12, 2020 6:56 PM | Report Abuse

keep up the good work


shlyw
524 posts

Posted by shlyw > Sep 14, 2020 10:04 AM | Report Abuse

Is it coming?


LOOK009
671 posts

Posted by LOOK009 > Sep 14, 2020 10:30 AM | Report Abuse

Continue to collect.


ryomaech
2 posts

Posted by ryomaech > Sep 14, 2020 10:46 AM | Report Abuse

EGM- Proposal for medical ventures


Bull Trader09
77 posts

Posted by Bull Trader09 > Sep 15, 2020 10:51 AM | Report Abuse

Go kgroup fly high to the sky~


VLVL
615 posts

Posted by VLVL > Sep 15, 2020 3:53 PM | Report Abuse

Patient is the key. This is min 20 cents counter. Don't sell cheap. Mark My words


cccthierry
108 posts

Posted by cccthierry > Sep 17, 2020 10:45 AM | Report Abuse

useless counter, better move to others


chadoengor
49 posts

Posted by chadoengor > Sep 21, 2020 11:14 AM | Report Abuse

Sleeping. Wake up in 2021 .


chadoengor
49 posts

Posted by chadoengor > Sep 22, 2020 6:58 AM | Report Abuse

Published by the THE EDGE, an authoritative financial weekly, has revealed that the stock market in Malaysia has been in a frenzy over the past few months, with 21 listed companies' shareholders, directors and most likely the same group of people, and the share prices of these stocks fluctuating spectacularly and trading volumes are huge.

These companies have a lot in common, most of them loss-making companies, share prices are fairy-share levels, often occupy the top 10 trading list, the stock price fluctuations up and down amazing.

According to THE EDGE, nine of the 21 companies named have the same head office address, the WISMA LIEN HOE, located in the town of Otsta.

The nine companies include Yiding (AT), FOCUS, Wanton Technology (MTOUCHE), FINTEC Global (FINTEC), XOX, M3TECH and NETX Technologies (NETX).

According to the report, Union House was originally a property of listed company LIENHOE, but in 2006 it sold to a private company, E Globafocus Ltd., for RM1, with an additional RM1 debt.

EGlobafocus is 68 per cent owned by CUBES INNOVATIVE Limited and 99 per cent by two shareholders, businessmen Cai Fushun and Yulun.

Tsai and Wen were charged by the Securities Regulatory Commission in July 2014 with manipulating the share price of DVM Technologies, a publicly traded company, Now known as Kgroup.

Mr. Wen, who has faced a number of charges before the Securities and Exchange Commission, including $2.49 million in 2009 accused of misusing the resources of FTEC, a public company, has had little activity in the stock market since the incident came to light.

However, his two sisters, Winne and Wintenny, each own 3.64 per cent and 0.67 per cent of XDL, another fairy-share company.

FINTEC Global is the most high-profile of the nine companies listed above, with several shares held by SANSTON FINACIAL GROUP GROUP LTD, a private holding company.

Bizarrely, SANSTON appears on the list of shareholders of 21 listed companies.

Overseas Days (OVERSEA), which was recently acquired, is also on the list of 21 companies.

THE EDGE reports that the 21 companies with the highest market capitalisations are FOCUS, with a market capitalisation of LINGG 5bn, and their share prices are staggeringly high despite a quarterly net profit of just 2.32m.

Following THE EDGE's revelations, the Securities Regulatory Commission and the Malaysia Exchange will not take follow-up action to investigate the 21 companies, which have attracted much attention in the market.


mrlemon
2 posts

Posted by mrlemon > Sep 22, 2020 4:25 PM | Report Abuse

what is this have to do with KGROUP? @chadoengor


Bull Trader09
77 posts

Posted by Bull Trader09 > Sep 22, 2020 10:23 PM | Report Abuse

Anybody still holding kgroup? Mind to share what do u think about this stock?


chadoengor
49 posts

Posted by chadoengor > Sep 23, 2020 9:17 AM | Report Abuse

@mrlemon DVM Technologies is Kgroup and also they share the same chairman and directors as some of the companies mentioned and also based in same building. Interesting article by the Edge. Worth reading. Just some knowledge.


mrlemon
2 posts

Posted by mrlemon > Sep 23, 2020 9:35 AM | Report Abuse

@chadoengor thanks for sharing. their latest circular is interesting though.


denzadesu
384 posts

Posted by denzadesu > Sep 23, 2020 3:21 PM | Report Abuse

agm soon,
park some,
today is ideal,
anwar news shake bursa


ssdn02
18 posts

Posted by ssdn02 > Sep 24, 2020 1:35 PM | Report Abuse

Wonder when this counter will be active again? It has been sleeping for a while. Where's everybody?


Bull Trader09
77 posts

Posted by Bull Trader09 > Sep 29, 2020 12:36 AM | Report Abuse

Dpt bisnes Rice information system worth 350,000 jadi la.


Uncle1955
17 posts

Posted by Uncle1955 > Sep 29, 2020 2:43 AM | Report Abuse

goreng rice la tomorrow


Bull Trader09
77 posts

Posted by Bull Trader09 > Sep 29, 2020 12:34 PM | Report Abuse

Any good news will not give effect unless the big fund starts to flow in.


Ong Kean Hoong
23 posts

Posted by Ong Kean Hoong > Sep 29, 2020 6:01 PM | Report Abuse

Share price movement more important than news


nestor
361 posts

Posted by nestor > Sep 29, 2020 9:09 PM | Report Abuse

this stock is like keep dropping...... long way to go.


Bull Trader09
77 posts

Posted by Bull Trader09 > Sep 30, 2020 3:12 PM | Report Abuse

OMG! 0.65. Now Cutloss no point anymore


tkl88
8107 posts

Posted by tkl88 > Sep 30, 2020 4:18 PM | Report Abuse

Special Report: Hidden hands behind penny stock surge
The Edge Malaysia/The Edge Malaysia
September 30, 2020 14:00 pm +08

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices.
“It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.
However, research by The Edge (see chart on the 21 companies) indicates that while other businessmen have surfaced, the individual said to be in control of the group of companies is not officially onboard or present as a shareholder.

“This [his not surfacing] could be due to several issues,” another source adds.
It is also telling that nine of the 21 companies mentioned — AT Systemization Bhd, MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd and NetX Holdings Bhd — have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya. On its website, Lambo Group Bhd states that its address is at Menara Lien Hoe, even though the address in its annual report is in Old Klang Road in Kuala Lumpur.
In 2006, Lien Hoe Corp Bhd sold Lien Hoe Tower Sdn Bhd, which owns Menara Lien Hoe, to privately held E-Globalfocus Sdn Bhd for RM1 and the assumption of RM43 million in debts.

Meanwhile, E-Globalfocus was 68%-controlled by Cubes Innovative Sdn Bhd, a company 99%-controlled by Chuah Hock Soon. Chuah and businessman Datuk Kenneth Vun @ Vun Yun Lun were charged with four others in July 2014 for allegedly manipulating DVM Technology Bhd shares in March 2006.
Vun has had several issues with the Securities Commission Malaysia and, in 2009, had to restitute RM2.496 million — being the amount of company funds that he had caused to be misused for his personal benefit, according to the regulator — to his then flagship FTEC Resources Bhd.
Since FTEC — which morphed into Tecasia Bhd and later Mangotone Bhd — was delisted, Vun has had little direct presence in the market. However, Vun’s two sisters, Carol Vun On Nei and Grace Vun Siaw Nei, hold stakes of 3.64% and 0.67% respectively in Xidelang Holdings Ltd.

Fragmented shareholding
While Fintec Global seems to be a prominent company at the centre of the maze, its shareholding is fragmented, with several blocks of shares parked under Sanston Financial Group Ltd. In several of the 21 companies on the list, Sanston Financial is present in the shareholding list.
Other companies that surface as shareholders in these list of companies include Global Prime Partners Ltd and Cita Realiti Sdn Bhd, a private company wholly-owned by one Kamarudin Khalil.
Other shareholders, albeit usually holding small stakes, among the 21 companies include Datuk Jacky Pang Chow Huat — who, apart from a 11.84% stake in Sanichi Technology Bhd — has small stakes in DGB Asia Bhd, Focus Dynamics, MNC Wireless Bhd and Xidelang. Pang is also a director in Sanichi Technology.
Meanwhile, businessman Mak Siew Wei has 23.4% in AT Systemization, 17.07% in Green Ocean Corp Bhd and small stakes in Focus Dynamics and Xidelang. He is also a director at AT Systemization, Green Ocean and Saudee Group Bhd.

Datuk Eddie Chai Woon Chet recently acquired a 62.37% stake in restaurant operator Oversea Enterprise Bhd, and has a 6.71% shareholding in Anzo Holdings Bhd, where he is managing director and has a board position in M3Technologies (Asia). Another name frequently seen is Datuk Kua Khai Shyuan, who, besides a 5.9% stake in mTouche Technology, has small shareholdings in Focus Dynamics, PDZ Holdings Bhd and Sanichi Technology, and has board seats on Trive Property Bhd, DGB Asia and MNC Wireless.
Former Umno treasurer and former Bank Simpanan Nasional Bhd chairman Datuk Abdul Azim Mohd Zabidi surfaces as a director in four of the companies — Fintec Global, DGB Asia, Anzo and XOX.
Most of the companies are loss-making and small in terms of market capitalisation, with the exception of Focus Dynamics, which has a market value exceeding RM5 billion. Nevertheless, Focus Dynamics, which is involved in operating food and beverage outlets, seems to be the star performer, with its stock price hitting a multiple-year high of RM2.64 recently on Sept 17, despite mustering a meagre RM3.08 million in net profit from RM20.72 million in revenue for its six months ended June this year.
Year to date, Focus Dynamics stock has gained about 400%.

Irrational exuberance
Trading volume on most of the 21 companies is generally high, and many have .......


myfuad
25 posts

Posted by myfuad > Sep 30, 2020 5:07 PM | Report Abuse

i think this share going to 0.03 wtf..


kahsoon888
621 posts

Posted by kahsoon888 > Sep 30, 2020 6:24 PM | Report Abuse

Apa macam..0.06 now


kasutkaripap
25 posts

Posted by kasutkaripap > Sep 30, 2020 9:15 PM | Report Abuse

cabut lari la


BILLC
837 posts

Posted by BILLC > Sep 30, 2020 10:01 PM | Report Abuse

4 sen mali,mali,,,,,,,,


poseidon80
992 posts

Posted by poseidon80 > Oct 2, 2020 12:49 AM | Report Abuse

Buy now, will push back up to 0.100


momochick
116 posts

Posted by momochick > Oct 2, 2020 2:36 AM | Report Abuse

buy.. next qr green


kevinchong
536 posts

Posted by kevinchong > Oct 2, 2020 2:19 PM | Report Abuse

Don't forget kgroup also do sell test kit will coming soon up


poseidon80
992 posts

Posted by poseidon80 > Oct 7, 2020 9:40 PM | Report Abuse

Buy2 now!!!


Kent2018
24 posts

Posted by Kent2018 > Oct 7, 2020 11:24 PM | Report Abuse

Good, got free warrant


XOX_
339 posts

Posted by XOX_ > Oct 8, 2020 8:49 AM | Report Abuse

>0.3 XOX no sell so need RI?


soonkaren
14 posts

Posted by soonkaren > Oct 8, 2020 8:52 AM | Report Abuse

margin call is coming soon


winter789
1 post

Posted by winter789 > Oct 8, 2020 10:47 AM | Report Abuse

this will be massively undersubscribed.


limit_up_soon
118 posts

Posted by limit_up_soon > Oct 8, 2020 2:52 PM | Report Abuse

the only way to force them to goreng is DO NOT subscribe to the Right Issue. Let them take all the right issue and the shares, with higher shares percentage, they got no choice but to goreng up la.. So retails, let's work together and do not subscribe the Rigth issue.


Stonecold
156 posts

Posted by Stonecold > Oct 9, 2020 11:46 AM | Report Abuse

next week back to 0.135


Stonecold
156 posts

Posted by Stonecold > Oct 9, 2020 5:59 PM | Report Abuse

KUALA LUMPUR (Aug 6): Key Alliance Group Bhd (KAG) plans to raise some RM5 million through a renounceable rights issue with warrants to fund the diversified firm's foray into the medical equipment business.

The group has proposed a renounceable rights issue of up to 982.21 million shares in KAG, on the basis of one rights share for every one ordinary share held by entitled shareholders, it said in a filing with Bursa Malaysia today.

The rights issue comes with up to 982.21 million free detachable warrants in KAG, on the basis of one warrant for every one rights share subscribed for on an entitlement date to be determined and announced later, it noted.

Sponsored Content

Nestlé Malaysia to plant three million trees in the country by 2023
The twin crisis of climate change and the loss of biodiversity threatens much-loved animal species and invaluable genetic diversity. These imminent global issues also endanger humanity’s food supply, health and security...

READ MORE
"The proposed rights issue with warrants will be undertaken on a minimum subscription level basis, after taking into consideration the minimum level of funds the company intends to raise from the exercise amounting to RM5 million.

"[A] substantial portion of the proceeds raised from the proposed rights issue with warrants is intended to be utilised for the business expansion in relation to the proposed diversification, repayment of bank borrowings and working capital requirements of the group," it added.

For illustrative purposes, the indicative issue price of the rights shares was quoted at six sen apiece, representing a discount of up to 31% based on the five-day, one-month, three-month, six-month and 12-month volume weighted average prices (VWAPs) of KAG shares up to yesterday.

The indicative exercise warrant, on the other hand, was quoted at 10 sen per unit, representing a premium of 14.94% based on the five-day VWAP of KAG shares up to yesterday, it noted.

Meanwhile, the group said it intends to diversify its principal activities to include the marketing, distribution and trading of medical equipment, devices, and related products and accessories.

"[These include] medical test kit, home health testing kit or monitoring device, electro-medical equipment, cardiovascular, orthopaedic and in vitro devices, diagnostic and wound care management products, aesthetic equipment as well as personal protective equipment including face masks and gloves, and other medical instruments, apparatus and appliances," it said.

Going forward, the group hopes to leverage its existing information technology-related services business, specifically its cloud computing and big data technologies, to enhance and complement the medical equipment segment by creating a digital platform for the business.

"The digital platform not only serves to widen the reach of its customer base through e-commerce channel for medical devices and equipment, but also captures and integrates data, facilitates the connectivity of medical devices and generates insights to improve medical devices, operational efficiency and healthcare outcomes.

"The integration of big data analytics in medical equipment trading segment allows the group to reap business synergy by potentially generating further business opportunities, whilst improving its business process and reducing system costs," it said.


Ong Kean Hoong
23 posts

Posted by Ong Kean Hoong > Oct 12, 2020 7:54 PM | Report Abuse

Has Kgroup started to sell PCR kit? Don't see excitement on the stock price.


xiaozhou
1 post

Posted by xiaozhou > Oct 13, 2020 9:59 PM | Report Abuse

hi, anyone suggest to subscribe the Right Issue? Already paper loss 40% now.


scenery
596 posts

Posted by scenery > Oct 14, 2020 10:04 AM | Report Abuse

Initial it was called DVM and then change a few names , now Kgroup. they always come out with this type of news about acquisition or partner or MOU or etc. following the trend and then asked for money from RI. after that nothing materialized.

After RI the amount of listed shares will be about 1.9 bils with more than 900 mils war. and then they will consolidate 4:1. bec high volume very hard to goreng. This counter is same like Netx printing money for their management to live a luxury lives. It is a sure lose con counter.


scenery
596 posts

Posted by scenery > Oct 14, 2020 11:38 AM | Report Abuse

sometime, you cant even sell the OR...


moneytr33
383 posts

Posted by moneytr33 > Oct 14, 2020 3:25 PM | Report Abuse

aiyohhh this is another conman company share i have. sobss


moneytr33
383 posts

Posted by moneytr33 > Oct 14, 2020 3:26 PM | Report Abuse

dunno to subscribe to the RI or not? i didnt subscribe for NetX and see i am so far away from my costs


midzurll19
374 posts

Posted by midzurll19 > Oct 14, 2020 3:42 PM | Report Abuse

Volume coming.


mileskoon
87 posts

Posted by mileskoon > Oct 14, 2020 4:11 PM | Report Abuse

Mnc the next, same chart pattern.


momochick
116 posts

Posted by momochick > Oct 14, 2020 4:44 PM | Report Abuse

get ready


de_investor
661 posts

Posted by de_investor > Oct 14, 2020 4:54 PM | Report Abuse

closed high...wil shoot 2moro...


nestor
361 posts

Posted by nestor > Oct 14, 2020 5:44 PM | Report Abuse

See announcements. Consider good or bad?


pari57
325 posts

Posted by pari57 > Oct 14, 2020 6:19 PM | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=107941&name=EA_GA_ATTACHMENTS


pari57
325 posts

Posted by pari57 > Oct 14, 2020 6:20 PM | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=107940&name=EA_GA_ATTACHMENTS

 Post Reply   Back  
APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Earn MQ Points while trading with MQ Traders Group
MQ Affiliate
Earn side income from MQ Affiliate Program
 
 

430  644  589  756 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 YONGTAI 0.36+0.065 
 MTRONIC 0.135+0.015 
 HWGB 0.89+0.045 
 SAPNRG 0.125+0.005 
 MTRONIC-WA 0.09+0.015 
 AT 0.20+0.015 
 PHB 0.030.00 
 INIX 0.305+0.04 
 EAH 0.03-0.005 
 KNM 0.225+0.015 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS