About 500,000,000 more new share to go?

[TIGER] Others on 23-Jan-2019

Stock [TIGER]: TIGER SYNERGY BHD

Announcement Date 23-Jan-2019

Listing Date 24-Jan-2019

New type/class? No

Type Others

Details Conversion of the principal amount of Redeemable Convertible Notes of RM3,000,000 to 30,000,000 new ordinary shares of Tiger Synergy Berhad

No. of shares issued 30,000,000

Issue Price Malaysian Ringgit (MYR) 0.100

Par Value - 0.000

Total NOSH 1,095,379,189

Should be more careful.

Market should need more time to digest the RCN programme as mentioned before.

Anyway, trade at our own risk.

Good luck.

Dear SuperWisdom and all, please to update below information after our finding and calculation for sharing purposes:-

Please to inform that under maximum scenarior, the total number of Tiger share after all RCN programme should be about 1,649,339,860 ( instead of 1,360,524,374 units ), basing on the latest proposal.

The calculation are including the following respectively :-

115,249,165 Warrants B are fully exercised at RM0.68. The exercise price of Warrant B was fixed at RM0.17 on 18 November 2013 and was subsequently adjusted to RM0.68 due to share consolidation on 6 June 2018; and

48,412,493 Warrants C are fully exercised at RM0.32. The exercise price of Warrant C was fixed at RM0.08 on 31 December 2015 and was subsequently adjusted to RM0.32 due to share consolidation on 6 June 2018.

ESOS options = 143,893,679

Subject to the prevailing market conditions and timing of identification of the placee(s), the Proposed Private Placement may be implemented in one or more tranches. As such, there could potentially be several Price Fixing Dates depending on the number of tranches and the timing of implementation of the Proposed Private Placement.

Therefore, it is our expectation there are about 600,000,000 new share would be created through RCN programme ( instead of 200,000,000 [ or 200 million ] as mentioned before ), which have already been voted appproved by most of the shareholders during previously AGM.

Our estimation should be left over about 12% existing and old Tiger shareholders are still remained after the above mentioed RCN programme.

It is quite normal in share market investment as share market always need some more time to digest the RCN programme...

Good luck...

Good luck...

Just be more patient...and

It is quite normal in share market investment as share market always need some more time to digest the RCN programme...

As mentioned before, If we are everyday worry and scare of the price from going down, then our sincere advice is that it is better for us to quit for share market investment,and look for other type of investment as share market investment is not suit for us, because we are dare to quaranty that share market for sure and always got up & down everyday one...

Our estimation should be left over about 25% existing and old Tiger shareholders are still remained over here.

The good news is a lot of old and existing Tiger shareholder had been filtered and eliminated out for last few months.

Sorry to inform that we need to wash out some of Tiger speculators, as a lot of speculator s are speculate Tiger recently.

The good news is, not all 460,996,680 Warrants B had been converted to new shares, and the RCN should be almost reached to last stage as up to-date.

Therefore, it is our expectation that there are about 100,000,000 - 200,000,000 new share would be created through RCN programme ( instead of 614,000,000 [ or 614 million ] ), which have already been voted appproved by most of the shareholders during previously EGM and AGM.

Tranche 1 Notes shall comprise 30 equal sub-tranches of RM500,000 each, Tranche 2 Notes shall comprise of 40 equal sub-tranches of RM750,000 each and Tranche 3 Notes shall comprise of 30 equal sub-tranches of RM1,000,000 each.

Which should be included up to RM75,000,000 comprising 3 tranches of a principal amount of RM15,000,000 for the 1st tranche, RM30,000,000 for the 2nd tranche, and RM30,000,000 for the 3rd tranche.

The Proposed Share Consolidation and the first sub-tranche of Tranche 1 Notes had been shceduled to be completed in the 2nd quarter of 2018.

Outstanding ESOS options = 61,700,000

Warrants C, for year 2016/2021 = 193,649,972 ( exercise price almost on RM 0.320, which would be expired on 2021 ).

Warrants B, for year 2013/2018 = 460,996,680 ( exercise price almost on RM 0.680, which was expired on December 2018, but not all Warrants B has been converted ).

The calculation are including the following respectively :-

Please to inform that under maximum scenarior, the total number of Tiger share after all RCN programme should be about 1,360,524,374 units.

Dear SuperWisdom and all, below information are our finding and calculation for sharing purposes:-

You all please share some more idea and investment knowledge should there be any.

Thanks you.

Hope we all could grow together and learn along the way.

SuperWisdom, you are welcome.

Just be more patient...

It is quite normal in share market investment as share market always need some more time to digest the RCN programme...

If we are everyday worry and scare of the price from going down, then our sincere advice is that it is better for us to quit for share market investment, because share market for sure and always got up & down everyday one...

SuperWisdom, please to inform that share market is just a very cruel money game...

Be patient...

Meeting ended wth all Resolution passed.

Same things, we believe Mr. Goh should vote for the best for all TSB shareholders also, but not just only vote for the best for himself.

As accordingly to our investment knowledge, the Tiger shareholders are to make the judgement, decision and choice on AGM and EGM, but not the company directors, out-sider or MACC or BURSA.

Good luck.

As mentioned & highlighted to all many times previously, whether the Tiger ordinary shares are the “golden” toilet/tissue paper or “pariah” toilet/tissue paper, the Tiger shareholders / investors should have to make their own judgement, decision and choice on this coming very important AGM.

Therefore it is not fair to make such a statement that to blame Tan Sri, Dato or popular people to con public money, but should blame the remaining majority 50% TSB shareholders given the chances again for Tan Sri, Dato or popular people to con public money.

Just simple like that.

But we just want to highlight and inform that if Resolution 4 has been passed through on this coming AGM, then we should not make any more complaint that toooo much RCN, ESOS, warrant, or private placement and company directors are printing toooo much toilet/tissue paper over here as RCN programme has been voted agreed by you and most of the shareholders over here.

Same things, if you are not agreed with Resolution 4, just vote against to Resolution 4.

If you are agree with RCN programme, just vote agree to Resolution 4.

Should vote for the best for all TSB shareholders, but not the best for Mr. Goh.

Just vote as what you think should be.

Should ignore what is Mr. Goh's thinking during voting.

Yes. Just make one day trip as holiday to Seremban... We won't get bankrupt if we R losing....

Also wish to highlight that if your share is regisistered under Nominee account, than you also need to get the security firm to give proxy to nominee you to attend & vote as accordinly...

Please ask your security firm & reminser for help how to give proxy & vote on AGM.

We have running out of time now, the nominee person must attend to AGM to vote as accordinly.

Good luck.

Hope above mentioned clarification could share some more invesment knowledge and shareholders' rights with all.

Please use this last and final golden chance and opportunity to attend and vote as accoringly on this coming very important AGM on 26/12/2018.

Good luck.

We serve above mentioned as our last and final reminder over here before this coming very important AGM on 26/12/2018.

As we have already emphasised many times over here early and please allow us to remind all shareholders and investors again and again... we need every single vote on this coming very important AGM...

… and .....

Your Tiger's share is very unique and should has it's very important and fair value now.

Again, whether the Tiger ordinary shares are the “golden” toilet/tissue paper or “pariah” toilet/tissue paper, the Tiger shareholders / investors should have to make their own judgement, decision and choice on this coming very important AGM.

Please do the proxy starting from today as we only left over 2 working days before AGM. We can't do the proxy on last minute or we can't vote later.

If the shareholders really can't make themselves appear and attend on this coming AGM, the shareholders also could give the authorization as proxy to attend or vote; or sent out the Form Of Proxy as accordingly.

If the shareholders are unable to attend and vote in person at the forthcoming AGM, the shareholders could complete, sign and return the Form of Proxy in accordance with the instructions contained therein as soon as possible and in any event, so as to arrive at Company’s Share Registrar situated at Lot 10, The Highway Centre, Jalan 51/205, 46050 Petaling Jaya, Selangor Darul Ehsan, not less than 48 hours before the time set for the AGM. The lodging of the Form of Proxy does not preclude the shareholders from attending and voting in person at the forthcoming AGM should the shareholders subsequently wish to do so.

The instrument appointing a proxy shall be in writing under the hand of the appointor or of the shareholders' attorney duly authorised in writing or if such appointor be a corporation, under its common seal or under the hand of an officer or attorney of the corporation duly authorised, and shall be deposited at the registered office or at such other place as is specified for that purpose in the notice convening the meeting, not less than forty-eight (48) hours before the time for holding the meeting or adjourned meeting at which the person named in the instrument proposes to vote.

And all TSB shareholders are given one more golden chance again on this 26 Dec 2018 to make the judgement, decision and choice again on this coming very important AGM.

Anyway, passed is passed. The money game is re-scheduled to start again on this coming AGM on 26 Dec 2018.