For Newbies To Know And Learn About Penny Stocks

SELECTED PENNY STOCKS WITH RIGHTS ISSUE (1/1/2019 - 3/9/2021) - RIGHTS PRICE AND MARKET PRICE

whistlebower99
Publish date: Mon, 06 Sep 2021, 04:47 PM
For Newbies Education.

Every year people who are new to the stock market will get into the market to try their luck with the aim of making extra income or a steady income by investing or speculating on stocks.

Many started without much knowledge and blindly follow comments from friends or from public forum.

This blog intended to provide newbies with the knowledge and information & latest announcement on penny stocks especially those with huge total issued shares and making losses for years.

 

FOR NEWBIES

Avoid trading these stocks

If can't then :

 

  • Trade wisely
  • Set realistic target
  • Don't be greedy, take profit when target is reached 
  • Avoid being trapped at high price for years
  • Don't be caught with potential shares consolidation in near future

 

 

 

https://www.klsescreener.com/v2/stocks/view/0020/netx-holdings-berhad

Use this link to check on

1. past quarterly and annual financial results

2. fund raising announcement

3. share issuance for ESOS, PP

4. MOUs and agreements

5. Other announcement like non-related party transaction

6. Total issued shares, EPS

7.  Warrants related to underlying stock

8.  Details information of each warrant

 

 

MARKET PRICE AS AT 3/9/2021

GOCEAN 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 828,573,600 NEW ORDINARY SHARES IN GREEN OCEAN ("GREEN OCEAN SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 621,430,200 FREE DETACHABLE WARRANTS IN GREEN OCEAN ("WARRANTS B") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 2 DECEMBER 2020

===============================

RI Price = 10sen
Current price = 3sen


MLAB

RENOUNCEABLE RIGHTS ISSUE OF UP TO 755,123,412 NEW ORDINARY SHARES IN MLABS ("MLABS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.09 PER RIGHTS SHARE TOGETHER WITH UP TO 440,488,657 FREE DETACHABLE WARRANTS IN MLABS ("WARRANTS C") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 13 NOVEMBER 2020

============================

RI Price = 9sen
Current price = 4sen


FINTEC 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,971,299,066 NEW ORDINARY SHARES IN FINTEC GLOBAL BERHAD (''FINTEC'') (''FINTEC SHARES'' OR ''SHARES") (''RIGHTS SHARES'') AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 1,577,039,252 FREE DETACHABLE WARRANTS IN FINTEC (''WARRANTS C'') ON THE BASIS OF 5 RIGHTS SHARES TOGETHER WITH 4 FREE WARRANTS C FOR EVERY 5 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 25 NOVEMBER 2020

============================

RI Price = 8sen
Current price = 2sen


TRIVE 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 911,028,120 NEW ORDINARY SHARES IN TRIVE ("TRIVE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.11 PER RIGHTS SHARE TOGETHER WITH UP TO 531,433,070 FREE DETACHABLE WARRANTS IN TRIVE ("WARRANTS C") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF TRIVE AT 5.00 P.M. ON 21 JANUARY 2021

========================
RI Price = 11sen
Current price = 6sen


VC 
RENOUNCEABLE RIGHTS ISSUE OF UP TO 364,478,577 NEW ORDINARY SHARES IN VORTEX CONSOLIDATED BERHAD ("VORTEX" OR "COMPANY") ("VORTEX SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 30 MARCH 2021 AT AN ISSUE PRICE OF RM0.17 PER RIGHTS SHARE, TOGETHER WITH UP TO 291,582,861 FREE DETACHABLE WARRANTS C ("WARRANTS C") ON THE BASIS OF 4 WARRANTS C FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

==================================

RI Price = 17sen
Current price = 8sen


JOE 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,249,237,340 NEW ORDINARY SHARES IN JOE HOLDING BERHAD ("JOE" OR THE "COMPANY") ("JOE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE TOGETHER WITH UP TO 1,349,542,404 FREE DETACHABLE WARRANTS IN JOE ("WARRANTS B") ON THE BASIS OF 5 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 5 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 23 APRIL 2021

=============================

RI Price = 5sen
Current price = 4sen


DIGISTA

RENOUNCEABLE RIGHTS ISSUE OF 260,384,403 NEW ORDINARY SHARES IN DIGISTAR CORPORATION BERHAD ("DIGISTAR") ("DIGISTAR SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 3 EXISTING DIGISTAR SHARES HELD TOGETHER WITH 260,384,403 FREE DETACHABLE WARRANTS ("WARRANT(S) C") ON THE BASIS OF 1 WARRANT C FOR EVERY 1 RIGHTS SHARE SUBSCRIBED BY THE ENTITLED SHAREHOLDERS, AS AT 5.00 P.M. ON MONDAY, 3 MAY 2021 AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE

==============================

RI Price = 5sen
Current price = 6sen


SANICHI 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,424,428,212 NEW ORDINARY SHARES IN SANICHI ("SANICHI SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 712,214,106 FREE DETACHABLE WARRANTS IN SANICHI ("WARRANTS F") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS F FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF SANICHI AT 5.00 P.M. ON 23 APRIL 2021

==================================

RI Price = 8sen
Current price = 4sen


MTOUCHE 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 794,374,098 NEW ORDINARY SHARES IN MTOUCHE TECHNOLOGY BERHAD ("MTOUCHE" OR THE "COMPANY") ("MTOUCHE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 397,187,049 FREE DETACHABLE WARRANTS IN MTOUCHE ("WARRANTS D") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 5 MAY 2021

===========================
RI price = 10sen
current price = 7.5sen


PASUKGB 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 992,394,438 NEW ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS") ("PASUKHAS SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 578,896,755 FREE DETACHABLE WARRANTS IN PASUKHAS ("WARRANTS A") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS A FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JUNE 2021

===================================
RI price = 10sen
current price = 8.5sen


SAUDEE 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 475,295,394 NEW ORDINARY SHARES IN SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") ("SAUDEE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE TOGETHER WITH UP TO 237,647,697 FREE DETACHABLE WARRANTS IN SAUDEE ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 MAY 2021

=========================

RI price = 15sen
Curret price = 7.5sen


BCM 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,220,467,629 NEW ORDINARY SHARES IN BCM ALLIANCE BERHAD ("BCM" OR THE "COMPANY") ("BCM SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 1,017,056,357 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 5 FREE WARRANTS FOR EVERY 4 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 26 JULY 2021

===============================================
RI price = 8 sen
Current price = 6.5 sen


DGB 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,202,508,096 NEW ORDINARY SHARES IN DGB ("DGB SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE TOGETHER WITH UP TO 601,254,048 FREE DETACHABLE WARRANTS IN DGB ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 22 DECEMBER 2020 ("RIGHTS ISSUE WITH WARRANTS")

===============================

RI price = 12sen
Current price = 4.5 sen


AEM 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,442,419,508 NEW ORDINARY SHARES IN AE MULTI HOLDINGS BERHAD ("AEM" OR THE "COMPANY") ("AEM SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE TOGETHER WITH UP TO 1,081,814,631 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JULY 2021 ("RIGHTS ISSUE WITH WARRANTS")

====================================

RI Price = 5sen
Current Price = 4sen


GIIB 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 362,938,287 NEW ORDINARY SHARES IN GIIB HOLDINGS BERHAD (FORMERLY KNOWN AS GOODWAY INTEGRATED INDUSTRIES BERHAD) ("GIIB") ("GIIB SHARE(S)") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING GIIB SHARE HELD, TOGETHER WITH UP TO 362,938,287 FREE DETACHABLE WARRANTS IN GIIB ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR AS AT 5.00 P.M. ON THURSDAY, 5 AUGUST 2021 AT AN ISSUE PRICE OF RM0.22 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")
 

RI price = 22sen

Current price = 18.5sen


TAWIN 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 3,106,101,171 NEW ORDINARY SHARES IN TA WIN ("TA WIN SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING TA WIN SHARE HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 6 MAY 2021 ("RIGHTS ISSUE")

RI price = 6sen

Current price = 15.5sen


MTRONIC 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 645,342,048 NEW ORDINARY SHARES IN METRONIC GLOBAL BERHAD ("METRONIC") ("METRONIC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 484,006,536 FREE DETACHABLE WARRANTS IN METRONIC ("WARRANTS") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS FOR EVERY 2 EXISTING METRONIC SHARES HELD BY ENTITLED SHAREHOLDERS OF METRONIC AT 5.00 P.M. ON 20 MARCH 2019 ("RIGHTS ISSUE WITH WARRANTS")

RI price = 6.5sen

Current price = 4sen


NETX 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 629,491,596 NEW ORDINARY SHARES IN NETX ("NETX SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.13 PER RIGHTS SHARE TOGETHER WITH UP TO 314,745,798 FREE DETACHABLE WARRANTS IN NETX ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 2 OCTOBER 2020

RI price = 13sen
Current price = 11.5sen


JOHAN

RENOUNCEABLE RIGHTS ISSUE OF 389,342,813 NEW ORDINARY SHARES IN JOHAN ("JOHAN SHARE(S)") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 2 EXISTING JOHAN SHARES HELD AS AT 5.00 P.M. ON MONDAY, 28 JUNE 2021 TOGETHER WITH 389,342,813 FREE DETACHABLE WARRANTS IN JOHAN ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")

RI price = 10sen
Current price = 10sen


LFECORP

RENOUNCEABLE RIGHTS ISSUE OF UP TO 490,567,490 NEW ORDINARY SHARES IN LFE CORPORATION BERHAD ("LFE OR THE "COMPANY") ("LFE SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING LFE SHARE HELD AS AT 5.00 P.M. ON WEDNESDAY, 24 MARCH 2021 ("RIGHTS ISSUE")

RI price = 8sen
Current price = 15sen


KGROUP

RENOUNCEABLE RIGHTS ISSUE OF UP TO 982,205,686 NEW ORDINARY SHARES IN KEY ALLIANCE GROUP BERHAD ("KAG" OR THE "COMPANY") ("KAG SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KAG SHARE HELD, TOGETHER WITH UP TO 982,205,686 FREE DETACHABLE WARRANTS IN KAG ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AS AT 5.00 P.M. ON WEDNESDAY, 21 OCTOBER 2020 AT AN ISSUE PRICE OF RM0.05 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")

RI price = 5sen
Current price = 2.5sen


REX

RENOUNCEABLE RIGHTS ISSUE OF UP TO 246,626,468 NEW ORDINARY SHARES IN REX INDUSTRY BERHAD ("REX" OR THE "COMPANY") ("REX SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT THE ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING REX SHARE HELD AS AT 5.00 P.M. ON MONDAY, 16 NOVEMBER 2020 ("RIGHTS ISSUE")

RI price = 10sen
Current price = 23.5sen


DOLPHIN

RENOUNCEABLE RIGHTS ISSUE OF UP TO 412,087,515 NEW ORDINARY SHARES IN DOLPHIN ("DOLPHIN SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 247,252,509 FREE DETACHABLE WARRANTS ("WARRANTS-B") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 5 RIGHTS SHARES FOR EVERY 4 EXISTING DOLPHIN SHARES HELD BY THE ENTITLED SHAREHOLDERS AT 5.00 P.M. ON 24 JULY 2020 TOGETHER WITH 3 WARRANTS-B FOR EVERY 5 RIGHTS SHARES SUBSCRIBED

RI price = 6sen
Current price = 8.5sen


AT

RENOUNCEABLE RIGHTS ISSUE OF UP TO 997,966,616 NEW ORDINARY SHARES IN ATS (''ATS SHARES'' OR ''SHARES'') (''RIGHTS SHARES'') AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE TOGETHER WITH UP TO 748,474,962 FREE DETACHABLE WARRANTS IN ATS (''WARRANTS C'') ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 16 MARCH 2020

RI price = 3.5sen
Current price = 6sen


VSOLAR

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,317,950,973 NEW ORDINARY SHARES IN VSOLAR ("RIGHTS SHARES") TOGETHER WITH UP TO 878,633,982 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY EXISTING ORDINARY SHARE IN VSOLAR HELD AT 5.00 P.M. ON 16 JUNE 2020 TOGETHER WITH 2 FREE WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE ("RIGHTS ISSUE WITH WARRANTS")

RI price = 3sen
Current price = 1sen


ICON

RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,354,370,200 NEW ORDINARY SHARES IN ICON OFFSHORE BERHAD ("ICON") ("ICON SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 588,592,550 NEW FREE DETACHABLE WARRANTS ("RIGHTS WARRANTS") ON THE BASIS OF 100 RIGHTS SHARES FOR EVERY 1 ICON SHARE HELD AFTER THE SHARE CONSOLIDATION AS AT 5:00 P.M. ON 23 JANUARY 2020 AND 1 RIGHTS WARRANT FOR EVERY 4 RIGHTS SHARES SUBSCRIBED FOR BY OUR ENTITLED SHAREHOLDERS, AT AN ISSUE PRICE OF RM0.105 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")

RI price = 10.5sen
Current price = 9.5sen



 

MARKET PRICE AS AT 10/9/2021

LAMBO

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,207,787,815 NEW ORDINARY SHARES IN LAMBO GROUP BERHAD ("LAMBO" OR THE "COMPANY") ("LAMBO SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 483,115,126 FREE DETACHABLE WARRANTS IN LAMBO ("WARRANTS C") ON THE BASIS OF 5 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 12 AUGUST 2021
 
==================
 
RI price = 10
Current price = 9.5
Listing date = 13/9/21 
 
 


 

PENDING COMPLETION

RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER INTERNATIONAL BERHAD ("KANGER") ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AS AT 5.00 P.M. ON MONDAY, 30 AUGUST 2021 ("RIGHTS ISSUE WITH WARRANTS")

 

RENOUNCEABLE RIGHTS ISSUE OF UP TO 797,746,170 NEW ORDINARY SHARES IN PDZ HOLDINGS BHD ("PDZ" OR THE "COMPANY") ("PDZ SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.14 PER RIGHTS SHARE TOGETHER WITH UP TO 265,915,390 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS C") ON THE BASIS OF 6 RIGHTS SHARES TOGETHER WITH 2 FREE WARRANTS C FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 1 OCTOBER 2021 ("RIGHTS ISSUE WITH WARRANTS")

 

 
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,101,480,437 NEW ORDINARY SHARES IN TIGER SYNERGY BERHAD ("TIGER") ("TIGER SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.04 PER RIGHTS SHARE TOGETHER WITH UP TO 1,101,480,437 FREE DETACHABLE WARRANTS IN THE COMPANY ("WARRANTS D") ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 4 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 9 SEPTEMBER 2021

 

Discussions
1 person likes this. Showing 13 of 13 comments

VenFx

Thank you for the above effort.

if, author would add the quantum of the valid r.i. accepted rate compared to before r.i. nosh will have better feel on the r.i. dilution .

Penny counters (usually refer those below 0.200 per shares) are definitely not wonderland but a purging place of hell .

2021-09-07 12:41

CharlesT

Mostly die hard....thanks to the same group of syndicate

2021-09-07 13:05

Tan Frank

fintec con. group mostly and all die

2021-09-07 14:00

positiontrader

Very useful information

Thank you

2021-09-07 16:32

MZM2511

Some are true, but many are ill intention information, misleading because only try to point on negativity only.

2021-09-07 17:00

MZM2511

Why Issue a Rights Offering?

Companies most commonly issue a rights offering to raise additional capital. A company may need extra capital to meet its current financial obligations. Troubled companies typically use rights issues to pay down debt, especially when they are unable to borrow more money.

However, not all companies that pursue rights offerings are in financial trouble. Even companies with clean balance sheets may use rights issues. These issues might be a way to raise extra capital to fund expenditures designed to expand the company's business, such as acquisitions or opening new facilities for manufacturing or sales. If the company is using the extra capital to fund expansion, it can eventually lead to increased capital gains for shareholders despite the dilution of the outstanding shares as a result of the rights offering.

2021-09-07 17:05

memefed

Misleading rubbish article

2021-09-07 17:53

henry888

You will be lucky if operators goreng the share price up before ex date. On the reverse side, prepare your cheque book for losses.

2021-09-07 21:01

djibaok

Mostly lahnjiao stocks... after exdate will consolidate 10:1...

2021-09-08 00:44

JohnFook

So what are you trying to say CLOWN??

2021-09-08 23:52

JohnFook

If these companies gang up and sue you....you will frat blood

2021-09-08 23:53

stockraider

Post removed.Why?

2021-09-09 08:20

ahbah

Rights Offering ... its purpose is to corn our hard earn moni ?

2021-09-09 11:01

Post a Comment