So likely no suspension tmr but now a PN17 Co...

Let's c how it goes tmr

Not sudden death

Walau A...PN17 so fast....Anyway will take another 12 months to go...

I3lurker I will support yr SCIB after I sold some of my Reneuco tmr

No limit up lah...at most go back to the level it started to drop due to this news...

Mayb 0.16 to 0.18

Likely no suspension tmr.

Life goes on price will be back to normal

Victor gives first round of early Angpao...

TQ Victor

More to come ah?

Anyway there will only be 2 outcomes if u buy this Co now...

Either u lose or u make .....no worries....lol

Scenario 1
Kaotim the External Auditor n AR come out today no suspension

Scenario 2
Suspended tmr n AR come out n re open in Mac B4 EGM 27 Mac

Scenario 3
Suspended tmr. Cannot kaotim External Auditors n more shits come out no AR n ghost EGM finally Co go into bigger deep shit n die

Place yr bets pls

Unless this EGM is also another ghost date lah

Who knows...Mayb Karim left but his spirit stays leh

EGM is on 27 Mac

At most hold for one month+ fm now

Price oredi plunged by 70%+ year todate...fully factored the possible suspension...

With the latest annoucement ytd, I think they have oredi kaotim their external auditors.....

During Karim's days he used a lot of ghost contracts from Middle East to goreng his shares

I dont think so in Reneuco's case....Ghost contracts which are non exist.....

Posted by Balian de Ibelin > 2 minutes ago | Report Abuse

RM132 million bad debt?

is it bad debt or something else?

Impairment loss?

Ghost contracts during Karim's days.....not affecting their cash flow....kind of housekeeping exercise

Maybe Reneuco will give us a surprise today.....Let's c

No need to get the insider news from Wife or Mistress of Boss....

Bursa can tell u.....lol

RENEUCO BERHAD
- Notice of the Twenty Six Annual General Meeting ("26th AGM")

The 26th AGM of the Company will be conducted on a fully virtual basis through live streaming and online remote voting using the Remote Participation and Voting (RPV)

Date of Meeting 27 Mar 2024
Time 10:30 AM

Resolutions

1. For Information
Description

To receive the Audited Financial Statements for the financial period ended 30 September 2023 together with the Reports of the Directors and Auditors thereon.

Shareholder’s Action For Information Only

2. Ordinary Resolution 1
Description

To approve the payment of Directors fees of up to RM894,600.00 commencing from the conclusion of the 26th AGM until the next Annual General Meeting of the Company.

Shareholder’s Action For Voting

3. Ordinary Resolution 2
Description

To approve the payment of Directors benefits of up to RM330,600.00 commencing from the conclusion of the 26th AGM until the next Annual General Meeting of the Company.

Shareholder’s Action For Voting

4. Ordinary Resolution 3
Description

To re-elect Sarah Azreen binti Abdul Samat who retires pursuant to Clause 76(3) of the Constitution of the Company.

Shareholder’s Action For Voting

5. Ordinary Resolution 4
Description

To re-elect Tan Yee Hou who retires pursuant to Clause 76(3) of the Constitution of the Company.

Shareholder’s Action For Voting

6. Ordinary Resolution 5
Description

To re-elect Dato' Dr. Md Khir bin Abdul Rahman who retires pursuant to Clause 78 of the Constitution of the Company.

Shareholder’s Action For Voting

7. Ordinary Resolution 6
Description

To re-elect Y.M. Tunku Datuk Nooruddin bin Tunku Dato' Seri Shahabuddin who retires pursuant to Clause 78 of the Constitution of the Company.

Shareholder’s Action For Voting

8. Ordinary Resolution 7
Description

Authority to issue and allot shares pursuant to Sections 75 and 76 of the Companies Act 2016 and waiver of the pre-emptive rights.

Shareholder’s Action For Voting

9. Ordinary Resolution 8
Description

Proposed renewal of existing shareholders mandate for recurrent related party transactions of a revenue or trading nature.

Shareholder’s Action For Voting

10. Ordinary Resolution 9
Description

Proposed renewal of share buy-back authority for the purchase up to ten percent (10%) of the total number of issued shares of the Company.

Shareholder’s Action For Voting

Kaotim oredi

C if there is more selling pressure on 07 n 08 Feb if AR cannot come out by 08 Feb.

lt's either by 08 Feb or in Mac.

Notwithstanding the above, the Company expects to issue and submit its Annual Report 2023 by March
2024 although the Company is working towards the deadline on 8 February 2024.

Doesnt sound so bad....not resignation or sacking of External Auditors

RENEUCO BERHAD ("RENEUCO" OR THE "COMPANY")
DELAY IN ISSUANCE OF THE ANNUAL REPORT FOR THE FINANCIAL PERIOD ENDED 30
SEPTEMBER 2023 PURSUANT TO PARAGRAPH 9.23(1) OF THE MAIN MARKET LISTING
REQUIREMENTS (“MMLR”) OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA
SECURITIES”)

The Board of Directors of Reneuco (“Board”) wishes to announce that the Company is unable to release
to Bursa Malaysia Securities Berhad ("Bursa Securities") and the shareholders its Annual Report that
includes the annual audited financial statements together with the auditors’ and directors’ reports in
respect of the financial period ended 30 September 2023 (“Annual Report 2023”) within four (4) months
from the close of the financial year of the Company which falls on 31 January 2024 as required under
Paragraph 9.23(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Securities (“Relevant
Timeframe”).
The delay in the issuance of Annual Report 2023 was mainly due to the additional time needed by the
External Auditors to complete its audit and the Company wishes to provide more time for the External
Auditors to complete the Audited Financial Statements for the financial period ended 30 September
2023. The Company is working with the External Auditors to finalise the audit expeditiously.
Notwithstanding the above, the Company expects to issue and submit its Annual Report 2023 by March
2024 although the Company is working towards the deadline on 8 February 2024.
Pursuant to Paragraph 9.28(5) of the MMLR, if the Company fails to announce/issue the outstanding
Annual Report 2023 within five (5) market days after the expiry of the Relevant Timeframe (the last day
of this five (5) market days period is referred to as “Suspension Deadline”) which is on 8 February
2024, in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall
suspend trading in the securities of the Company.
The suspension shall be effected on the next market day after the Suspension Deadline which is on 9
February 2024 and will be lifted on the market day following the announcement/issuance of the
outstanding Annual Report 2023 unless otherwise determined by Bursa Securities.
Pursuant to Paragraph 9.28(6) of the MMLR, if the Company fails to announce/issue the outstanding
Annual Report 2023 within six (6) months from the expiry of the Relevant Timeframes, in addition to
any enforcement action that Bursa Securities may take, Bursa Securities shall commence de-listing
procedures against the Company.

This announcement is dated 30 January 2024

If not then it worths a bet

Just wonder, so far is there any Co being delisted due to late issuance of Annual Report in the history of Bursa?

Congrats!

Once u are able to make profit consistently fm stock mkt in many years to come it's time for u to come back

Don't miss the orange utans so much then...

U sounded like one Lao cha boh poor remiser to me....always buy few lots of shares in many Co n hold for years waiting for durian to drop...

If one day her share price go up after years of waiting she will come out to shout n show off her few hundreds RM gain very panlai very geng....lol

Posted by MOBAjobg > 17 hours ago | Report Abuse

My plan for RAPID stock involvement is very plain and simple.
At rm0.88, will take up 0.01% of my total portfolio.
At rm0.66 -> 0.025%
At rm0.33 -> 0.045%
At rm0.18 -> 0.065%
At rm0.08 -> 0.08% (max)

U buy lot by lot one? Or u own a RM1B portfolio??

Just wonder till todate do u make profit now or still in losses, over the years in Bursa?

Mkt cap is ard RM390M+ now

Over the years TTB collected RM100M+ I think

So what say u all the short term or long term loyal value investors/ Shareholders?

Icap established in 2005 or 2006?

Work out the sum

What for?

TTB can now receive rm7m every year till his last breath as long as he still hold his post here...

How much hv TTB received over these years???

Buying few lots making few hundreds can be very happy also to old lady...

I m very envy of u...happiness is very simple

Lol...as long as u r happy....

Finally he made clear on his objective in stock mkt.

Sslee has shifted his interest fm stock activism to making money fm stock mkt after wasting years of time, money n efforts.

Congrates

dompeilee

My Sungei Bagan realized earnings cross the $5k mark reaching $5,671.82 since '13 after earning ZERO last year when it was comatose ALL YEAR LONG & margin interest piled up on a small stake re-purchased too high in Oct '21!

2 weeks ago

Rm5,671.82 since 2013?????? So much ah so panlai ah??????? lol

Posted by dompeilee > 1 week ago | Report Abuse

Already HIGHER than my HIGHEST averaging down purchase on 3rd Jan!!!🤗😘🤗 Poor CharlesT, who looks down on other's thousands of profits & calls ppl stupi d when he's the stupi d one & for whom chicken rice is the HEIGHT of luxury....who missed the moolah boat! 🤣🤣🤣

Stupxd old lao cha bo remisier.....always show of her few hundred RM profit by buying few lots.....lol

My chicken rice money is much much more than your monthly or even yearly profit....lol

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3414587

Looks like Boon Long n gang sapu 99% of the rights issues by their own.

Boon Long is now back to the BOD. I think he should have some goreng plan for MMAG.

Just a dying bastaxd

Not bad. Those who bought the rights issues still earn peanut profit of RM0.01 now...RM0.095+ 0.5WC (Rm0.03)= Rm0.11

Chain reaction from Dr.Yu i guess...

Semua Dr.Yu's pasal....

Can see cannot buy....restrictions

At least Prince Ong is smarter....unlike Dr.Yu's Rapid...

He did a shares split to make the price looks more affordable to waterfish.....and can happily sell "cheap cheap" at Rm1.20/ RM1.00/Rm0.80/Rm0.60/Rm0.40 etc

I think if can sell at Rm0.10- Rm0.20 he also very song

Really improve

My senior SSLee becomes smarter now

But still better than OTB lah

OTB gave buy call on Insas-WC when it broke new high of rm0.40+...lol

The timing...

At least SSLee has been holding n promoting Insas for years...when it was rm0.80+ i think

U only come now to promote after price shot up

KC is just a normal human being like us.

He needs to cari makan also