大老千事实揭发！Business syndicate discovered.

大揭发！16Dec2016 - MQ Technology bhd confirmed director sold shares and resigned same day on bad news!

3kTuaSuaKa
Publish date: Fri, 16 Dec 2016, 06:25 PM
3kTuaSuaKa
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The real con man in Penang.
Following Message

16 December 2016, Penang, Malaysia - MQ Technology Bhd substantial shareholder Teh Eng Huat announced on Bursa Malaysia today the disposal of shares on 14 December 2016, confirmed is from Teh, which is the main cause of share price collapse. The sell off is ahead of Bursa Malaysia announcement after market closing the same day on false company news, linking a deal with NagaCorp.

The news shocked the market of potential insider trading where major shareholder and executive director sell shares knowing ahead of bad news. The proceeds from the share sales is due 3 days after sold off, or 19 December 2016, Monday. Market is concerned where would these potentially illegally obtained proceed would flow to, while the main suspect resigned the same day.

Alert News

 

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5291433

Changes in Director's Interest (S135)

MQ TECHNOLOGY BERHAD

 

Information Compiled By KLSE

Particulars of Director

Name MR TEH ENG HUAT
Descriptions(Class & nominal value) Warrants

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted ($$)
Disposed
14/12/2016
55,166,600
 

 

Circumstances by reason of which change has occurred 
Open Market Disposal
Nature of interest 
Direct Interest
Consideration (if any)  

Total no of securities after change
Direct (units) 6,980,088
Direct (%) 3.804
Indirect/deemed interest (units)  
Indirect/deemed interest (%)  
Date of notice 14/12/2016

 


Remarks :
Securities held after the change: a)100,960,000 Ordinary Shares (24.341% of issued shares) b) 6,980,088 (3.804% of the total Warrants in issued). Mr.Teh has resigned as Director of MQ Technology Berhad on 14 December 2016. The form was received on 16 December 2016.

 

Announcement Info

Company Name MQ TECHNOLOGY BERHAD
Stock Name MQTECH
Date Announced 16 Dec 2016
Category Changes in Director's Interest Pursuant to Section 135
Reference Number CS4-14122016-00020
 

 

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5291413

Changes in Sub. S-hldr's Int. (29B)

MQ TECHNOLOGY BERHAD

 

Particulars of substantial Securities Holder

Name MR TEH ENG HUAT
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Warrants
Name & address of registered holder 1.TEH ENG HUAT NO 1, Jalan Bayan Mutiara 2, Bayan Lepas ,11700 Penang 2.PUBLIC NOMINEES (TEMPATAN) SDN BHD P.O.BOX 11167 50738 Kuala Lumpur Wilayah Persekutuan 3.KENANGA NOMINESS (TEMPATAN) SDN BHD. 8th Floor Kenanga International Jalan Sultan Ismail 50250 Kuala Lumpur Wilayah Persekutuan 4. AFFIN HWANG NOMINEES (TEMPATAN) SDN BHD Levels 2,3,4,7 & 8 Wisma Sri Pinang 60 Green Hall 10200 Georgetown Pulau Pinang.

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Description of Others Date of change
No of securities
Price Transacted ($$)
Disposed   14 Dec 2016
55,166,600
 

 

Circumstances by reason of which change has occurred Open Market Disposal
Nature of interest Direct Interest
Direct (units) 6,980,088
Direct (%) 3.804
Indirect/deemed interest (units)  
Indirect/deemed interest (%)  
Total no of securities after change  
Date of notice 14 Dec 2016

 


Remarks : 
Securities held after the change:
a)100,960,000 Ordinary Shares (24.341% of issued shares)
b) 6,980,088 (3.804% of the total Warrants in issued).

The form was received on 16 December 2016.

 

Announcement Info

Company Name MQ TECHNOLOGY BERHAD
Stock Name MQTECH
Date Announced 16 Dec 2016
Category Change in Substantial Shareholders Interest Pursuant to Form 29B
Reference Number CS2-14122016-00124
 

 

 

MQTECH (0070)
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Discussions
Be the first to like this. Showing 8 of 8 comments

VenFx

MQ ,, Kfm ,,, there must be more ...insider say another 2 more .
Juz wait and c. Same syndicate behind this ? Sc still silent mode .

2016-12-16 18:56

PlsGiveBonus

Cut loss only
These kind of director always run away scot free

2016-12-16 18:59

WiseEye

This is old news already. He sold off the warrants only, not the mother shares. Why worry?

2016-12-16 20:13

RadarTangkap

If he sell normal is ok. But before bad news is not ok.

2016-12-17 04:39

Albukhary

maybe we should question who bought the 55 mil warrant from him?
I think retailer maximum take up 20% of the 55 mil, balance 80% must go to another big shark hand, right?

2016-12-17 11:15

Apollo Ang

likely he told the star in penang to write this article so he can sell. he and the star editor should be in jail

2016-12-17 15:37

Apollo Ang

what happen to golden plus and kenmark director? SC and bursa think we all forgot already

2016-12-17 15:38

djibaok

Biasalah, Teh Eng Huat mmg ini macam, kalau tak, macam mana mau huattttt

2017-09-23 18:45

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