Kanger is still in progressing sate in its current business, which is bamboo flooring and related products, and Kanger also in its plan to venture in other business activities.

1. The company already involved in construction services.

2. In a process to acquire property for investment.

3. In a process to acquire a company which involved in a construction material trading.

4. And of course a plan for Covid-19 vaccine business, they just in the process of trying to secure the said business. It's true to say that the most critical aspect to get is the approval of Sinopharm vaccine in Malaysia by government/NPRA. Waiting for August 2021 and hope for a clear picture concerning the approval of the Sinopharm Covid-19 Vaccine by NPRA>

@OKU_2020. Okay noted.
Thank you very much for a good ghost story from MDP.

Lightspeed new Investors, do not buy this bloody counter.. let Nexgram bankrupt.
....... we having a paper loss
----------------
Adakah boleh percaya this naysayer? Baru beberapa hari ini buka akaun ID dalam i3investor bermula 1 Julai 2021 muncul dalam group Nexgram untuk badmouth Nexgram. Sebelum ini, di manakah beliau???

Adakah seorang pemegang saham semasa yang berada dalam keadaan paper loss mahu syarikat yang dilaburnya. bangkrap?????
Mungkin hanya jika pelabur itu sudah HILANG AKAL sahaja yang menyebabkan ia bertindak sedemikian, ADAKAH PATUT KITA IKUT PENDIRIAN ORANG YANG KURANG WARAS???

atau

Mungkin ia hanya seorang pelabur yang tidak mempunyai apa-apa kepentingan TETAPI SEDANG MENANGGUK DI AIR KERUH UNTUK DAPATKAN SAHAM PADA HARGA LEBIH RENDAH.

Apa-apa pun. TAYOR

He He. manually adding up. Thanks

Announcement of Bornoil PP by McQuire Bank
---------------------------------------------------------
02-Feb-2021 1,500,000 units @RM0.034
03-Feb-2021 1,500,000 units @RM0.034
09-Feb-2021 1,500,000 units @RM0.034
11-Feb-2021 2,000,000 units @RM0.033
16-Feb-2021 3,500,000 units @RM0.033
19-Feb-2021 3,500,000 units @RM0.033
22-Feb-2021 50,000,000 units @RM0.034
24-Feb-2021 4,000,000 units @RM0.034
01-Mar-2021 2,000,000 units @RM0.035
03-Mar-2021 2,500,000 units @RM0.035
04-Mar-2021 3,000,000 units @RM0.034
05-Mar-2021 4,000,000 units @RM0.032
08-Mar-2021 8,000,000 units @RM0.032
10-Mar-2021 7,000,000 units @RM0.033
12-Mar-2021 18,000,000 units @RM0.033
16-Mar-2021 6,000,000 units @RM0.033
18-Mar-2021 90,000,000 units @RM0.033
19-Mar-2021 20,000,000 units @RM0.037
29-Mar-2021 2,000,000 units @RM0.036
30-Mar-2021 7,000,000 units @RM0.036
31-Mar-2021 4,000,000 units @RM0.036
05-Apr-2021 8,000,000 units @RM0.037
07-Apr-2021 8,000,000 units @RM0.037
08-Apr-2021 10,000,000 units @RM0.037
13-Apr-2021 30,000,000 units @RM0.040
20-Apr-2021 5,000,000 units @RM0.040
26-Apr-2021 5,000,000 units @RM0.038
27-Apr-2021 5,000,000 units @RM0.037
30-Apr-2021 5,000,000 units @RM0.037
04-May-2021 12,500,000 units @RM0.037
12-May-2021 4,000,000 units @RM0.035
17-May-2021 5,000,000 units @RM0.034
18-May-2021 5,000,000 units @RM0.035
21-May-2021 5,000,000 units @RM0.035
27-May-2021 6,000,000 units @RM0.033
02-June-2021 4,000,000 units @RM0.034
03-June-2021 67,000,000 units @RM0.034
08-June-2021 5,000,000 units @RM0.034
10-June-2021 5,000,000 units @RM0.034
14-June-2021 7,500,000 units @RM0.033
16-June-2021 10,000,000 units @RM0.032
22-June-2021 7,000,000 units @RM0.032
05-July-2021 7,000,000 units @RM0.030
06-July-2021 7,000,000 units @RM0.030
09-July-2021 270,000,000 units @RM0.029

TOTAL UNITS SUBSCRIBED (Up to 9 July 2021) = 743,500,000 UNITS

Outstanding balance of PP shared unsubscribe is 462,327,550 unit (Based on the maximum PP = 1,205,827,550 units.

@Fong Chin-bok. Agree. I hope so.

@NicmannNg. Right issue subscription price already set @ 6 sen per share.

But the ex-date for the subscription not yet announced.

I think at least there is an announcement will be coming in near future about the RI subscription. Just my guessing...

Okay. Noted my dear OKU_2020 (MDP)

@azrudin84. Thanks for your reminder.
By the way you're just the "nujum buluh/kelapa."
Just like me.....

No body knows certainly what will be happened to this company at the future.
Only OKU_2020 can predict the future existence of the "preqqq".

He is the master of the mentally disabled person (MDP). He He

@oppstar.

At the end, prediction is still a prediction and assumption done also can be TRUE or WRONG.
-----------------
Here I re-post some of my earlier predictions by me:

Nexgram's business not solely depended on TracAPM - TracVirus SafeTravelPass related business. It’s also can generate revenue from other healthcare business, namely Covid-19 Test Kits (providing TracVirus Covid-19 related services and distribution of Covid-19 test kits which are approved by MKN/MOH and agreement with MTC), sales of medical gloves and gown (contract with MAPU in Indonesia), sales of plastic's used in healthcare (manufacturing of medical plastic products by subsidiary - Arita Plastic) and another sources of revenue, namely from the RM118 mil Subcontract of the Gua Musang Highway, logistics operation and ICT business.

Therefore, I CONCLUDED THAT MY TARGET FOR NEXGRAM'S FY 2021 revenue WILL BE MORE THAN 100 MILIONS.*

-----------------
But, later based on the 3QR 2021 report, the results shown can be studied as below. There are some positive notes and negative notes after comparing it with my earlier predictions.

You can refer to my blog article @ https://klse.i3investor.com/blogs/mzm511/2021-07-01-story-h1567122502-SOME_ANALYSIS_FROM_THE_3QR_2021_OF_NEXGRAM_0096.jsp

NOTES FROM THE ARTICLE:


MY PERSONAL NOTES BASED ON THE 3QR 2021 REPORT:

1. The approved capital reduction exercise was not yet been taken into account in the 3QR 2021. Probably will be done in 4QR 2021 accounts.
2. No specific report on the progress of the revenue from Indonesian, RAFA Agreement on the medical gloves and gown.


NOTABLE NOTES FROM THE 3QR 2021 REPORT:

1. Healthcare continues to progress well, with government project SafeTravelPass COVID-19 entry-registration, payment and management of Quarantine-Station and government services contributing positively in current financial year.

My personal comment:
It’s a POSITIVE NOTE, as the company recognized there is a contribution from TracAPM – SafeTravelPass in the current financial year. The system are in a business and generating revenue to Nexgram, instead of Malaysia is currently closing her borders.

2. COVID-19 tests partnership with government is looking at positive return in coming quarter after much capital investment in last two (2) quarters, in view of taking part of mass screening assignment engaged with government health facilities.

My personal comment:
It’s a POSITIVE NOTE, as the company recognized that in the last two quarters, the cost from a big capital investment has pressured the profitability of the company quarters, but the company expected more positively on its profitability in incoming quarters, thanks to Nexgram’s involvement in the mass screening of Covid-19 assignment engaged with the government health facilities.

3. Government project capital investment continue to weight on current quarter which is normal for concession early investment.

My personal comment:
It’s a NEGATIVE NOTE for short term, as the company recognized that the big capital investment done on the secured government project gave more cost to the company and affected the profitability in the last quarter.

4. The Group other healthcare segment is expanding on capacity resulted in further cost. The healthcare segment had experienced lower margin and recent success in contracts shall expect to contribute to bottom line in coming quarter.

My personal comment:
It’s a NEGATIVE NOTE, as the company recognized further cost will be occurred cause by further expanding in its healthcare business. In addition, will the added cost and the current lower margin of healthcare business will give more pressure on the company’s profitability in near future?

On the POSITIVE SIDE, the company has successfully secured the contracts in healthcare business and its expected to contribute positively in 4QR 2021.

@oppstar. I do'nt know the exact amount...
Just relied on the https://safetravelpass.tracvirus.com.my/ information.

-------------------

Inbound Travellers will undergo a 10-days quarantine and the charges are as below:

Inbound Travellers (Malaysian) = PCR RM150 + Quarantine RM1,400 + Operation RM 0.00 + Day 10 RTK RM30 = Total RM1,580 and

Inbound Travellers (Foreigner) = PCR RM250 + Quarantine RM1,400 + Operation RM2, 600 + Day 10 RTK RM60 = Total RM4,310.

Inbound travellers who shown proof of Covid-19 PCR tests did within 3 days before arrival (equivalent convenient as per uploaded to your Tracvirus App), is subject to request for 7 days quarantine special consideration.

Certain countries are required mandatory 14 days quarantine. Please check with your local embassy for latest update.

Value-added services such as premium quarantine hotels are available. (http://safetravelpass.com.my/)

Please visit our portal SafeTravelPass to do your TracAPM government entry registration, fees payment, and quarantine hotel bookings online or upon arrival. Look for us at the SafeTravelPass or TracAPM kiosk.

@Singapore88. Telur pun sudah semakin kempis, kecut.
Mana 8dragon. Tak nak main tendang bola telur sama ke? He He

@zzzzzzz, Saya ada telur. Bukan senang nak kick orang. Walaupun orang yang sebenarnya nampak macam lawan.

@zzzzzzz. Tak apa lah kalau bukan. Mungkin saya silap.

zzzzzzz Lu belum keluar group tele kah
--------------
Saya mungkin akan keluar jika disingkirkan, atau bila saya sudah tiada kepentingan saham lagi dalam kaunter ini.

ding ding pun belum keluarkan? Pun muka tebal juga kan?

@18KHarmoni. terpulang kamulah. Bolehlah duplicate lagi ID baru. Supaya nampak ramai orang mahu tengok saham jatuh.
Setiap orang punya matlamat sendiri. Teruskan usaha awak.

@OKU_2020. Saya belum lari. Belum melingkop. Atas kertas, memang lebih kurang 60% rugi.
Siapa tahu, politik Malaysia dah jadi BUBUR.....

@zzzzzzz. Saya masih ada. masih bertahan.

@18KHarmoni. Ya. Kita cuba cari dan kongsi maklumat. Bukan sekadar nak burukkan saja company tanpa maklumat, seperti yang dibuat oleh naysayer/hater.

Peace99 ---on the 2 passages from P. 39 of the RI circular:
1. "Assuming all 112,015,160 outstanding ESOS Options are exercised at the exercise
price of RM0.05409 per ESOS Option..."
I suppose this means about 20mil ESOS options have yet to be exercised, correct?
----------------
The circular dated 11 June 2021. In my opinion, at that date, the outstanding ESOS option was 112,015,160 units. On 5 July 2021, 46,209,193 units of the ESOS listed.
Therefore, I think 65,805,967 units of outsatanding ESOS options left...

ESOS sekali lalun dapat free share
---------------
Dapat free share. Dari mana awak belajar saham ni. Betulkan fakta, khususnya fakta yang
akan dibaca oleh newbie. Jangan pula tuduh company atau pihak yang promote share "penipu",
sedangkan fakta anda sendiri "menipu". He He

@OKU_2020. Tadi sokong kata PN17 company. Tak kan nak beli kot.
Bahaya. Nanti kena preqqq lagi. He He

8dragon NG buat announcement demi announcement, projek demi projek. Cuba tanya dari dulu sehingga sekarang berapa projek yang telah berjaya dilaksanakan ...
-----------------
Khusus untuk naysayer tanpa "telur" sahaja.
Baca ini.

1. https://klse.i3investor.com/blogs/mzm511/2021-07-01-story-h1567122502-SOME_ANALYSIS_FROM_THE_3QR_2021_OF_NEXGRAM_0096.jsp

atau ini, (sama saje)

2. https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=24605

@OKU_2020. Awak ni memang Orang Kurang Upaya lah.

Ini cerita progress kepada proposal syarikatlah.
Betul atau tidak betul ceritanya, bacalah dahulu berita. kemudian buat judgement.

Mentang-mentang nak badmouth, sembur saja cerita naysayer tanpa ambik tahu apa cerita.

Singapore88 Myr62 millions,,big amount
-----------------
Yes. The proposed Lifecare Specialist Project has a proposed gross development value estimated at RM1.6 billion.

An update on MOU no. 7:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3173190

b) Based on an announcement at BURSA dated 6 July 2021.

- Board of Directors of NEXGRAM is pleased to announce that NEXGRAM BIOMEDIC SDN BHD (“NBSB” OR “PURCHASER”) had on 1 July 2021 entered into a Sale and Purchase Agreement (“SPA”) with PERBADANAN KEMAJUAN NEGERI MELAKA (“PKNM” OR “VENDOR”) to acquire a piece of 99 years of leasehold land held under PT 8839, Mukim Bukit Baru, District of Melaka Tengah, State of Melaka with measuring an area of approximately 10.031 hectares (equivalent to 24.78 acres) (“the said Land”) with a purchase consideration of Ringgit Malaysia Sixty One Million Five Hundred Twenty Six Thousand Seven Hundred Fifty Seven and Sen Sixty (RM61,526,757.60) only (“the Purchase Price”) calculated at the rate of Ringgit Malaysia Fifty Seven (RM57.00) only per square foot (“Proposed Land Acquisition”).

- The Proposed Land Acquisition shall be satisfied in cash by internal generated funds, financing and/or any future corporate exercise which will be announced in due course.

Remark:
1. The said SPA to acquire the land is subject to, the company:
(i) appoint an Adviser,
(ii) issue a circular which includes the information set out in Appendix 10B to its shareholders; and (iii) seek shareholders’ approval of the transaction in a general meeting.

8dragon Get ready for right issues on the way....,Ozura will get it for 1.5 cent, so still making tons of money, but all bilis and small investors will suffer ...
---------------
Wow. 8dragon sudah mahu jual telur pula ya.
Telur Ayam???
Atau telur... ?
Opss. Lupa pula. Telur sendiri memang tak ada. He He

@8dragon. Asal telur tak hilang sudah... He He He

@ zzzzzzz and 8dragon. You are allowed to make your own decisions.

For me. Agi idup agi ngelaban. He He. TAYOR

@Peace99. ........and will borrow from bank if RI not able to raise the money needed. (But i think it will be able to).
----------------------
I positively think that the RI will be a success for Kanger.

@hlh1962.

1. For the RI:
The EGM already approved the RI, and the BURSA also had approved the listing and quotation of the RI shares.

We have to wait for an announcement by Kanger in relation to the entitlement date of the RI.

2. For the breakdown of their last 5QR 2021, I just referred to:

https://www.bursamalaysia.com/market_information/announcements/company...

Note: Please download the pdf file attached.

@hlh1962. My idea is, if they don't push-up the price at least a bit higher than the RI price, the company's RI would be a FAILURE.
I, myself won't subscribe the RI, if the price before the ex-date just lingering @ 5.5 - 6 sen.

I hope Kanger's RI case will not be an exceptional case...
He He. Apa-apa pun yang akan terjadi.... TAYOR.

(b) relocation of our bamboo processing and manufacturing operations from Ganzhou,
PRC to Jingzhou, PRC is still ongoing hence lesser revenue was contributed from the
subsidiary in Ganzhou.

@8dragon. Please read carefully all the information given to you......

@8dragon. Yes, I know that there are some investors still keep an eye on this counter,
including a few naysayers / haters in this group. He He

MY PERSONAL NOTES BASED ON THE 3QR 2021 REPORT:

1. The approved capital reduction exercise was not yet been taken into account in the 3QR 2021. Probably will be done in 4QR 2021 accounts.

2. No specific report on the progress of the revenue from Indonesian, RAFA Agreement on the medical gloves and gown.


NOTABLE NOTES FROM THE 3QR 2021 REPORT:

1. Healthcare continues to progress well, with government project SafeTravelPass COVID-19 entry-registration, payment and management of Quarantine-Station and government services contributing positively in current financial year.

My personal comment:
It’s a POSITIVE NOTE, as the company recognized there is a contribution from TracAPM – SafeTravelPass in the current financial year. The system are in a business and generating revenue to Nexgram, instead of Malaysia is currently closing her borders.


2. COVID-19 tests partnership with government is looking at positive return in coming quarter after much capital investment in last two (2) quarters, in view of taking part of mass screening assignment engaged with government health facilities.

My personal comment:
It’s a POSITIVE NOTE, as the company recognized that in the last two quarters, the cost from a big capital investment has pressured the profitability of the company quarters, but the company expected more positively on its profitability in incoming quarters, thanks to Nexgram’s involvement in the mass screening of Covid-19 assignment engaged with the government health facilities.


3. Government project capital investment continue to weight on current quarter which is normal for concession early investment.

My personal comment:
It’s a NEGATIVE NOTE for short term, as the company recognized that the big capital investment done on the secured government project gave more cost to the company and affected the profitability in the last quarter.


4. The Group other healthcare segment is expanding on capacity resulted in further cost. The healthcare segment had experienced lower margin and recent success in contracts shall expect to contribute to bottom line in coming quarter.

My personal comment:
It’s a NEGATIVE NOTE, as the company recognized further cost will be occurred cause by further expanding in its healthcare business. In addition, will the added cost and the current lower margin of healthcare business will give more pressure on the company’s profitability in near future?

On the POSITIVE SIDE, the company has successfully secured the contracts in healthcare business and its expected to contribute positively in 4QR 2021.

For updates, please refer to the blog article:

SOME ANALYSIS ON THE 3QR 2021 RESULT OF NEXGRAM (0096)

https://klse.i3investor.com/blogs/mzm511/2021-07-01-story-h1567122502-SOME_ANALYSIS_FROM_THE_3QR_2021_OF_NEXGRAM_0096.jsp

SOME ANALYSIS ON THE 3QR 2021 RESULT OF NEXGRAM (0096)

https://klse.i3investor.com/blogs/mzm511/2021-07-01-story-h1567122502-SOME_ANALYSIS_FROM_THE_3QR_2021_OF_NEXGRAM_0096.jsp

NOTABLE NOTES FROM THE 3QR 2021 REPORT:

1. Healthcare continues to progress well, with government project SafeTravelPass COVID-19 entry-registration, payment and management of Quarantine-Station and government services contributing positively in current financial year.

My personal comment:
It’s a POSITIVE NOTE, as the company recognized there is a contribution from TracAPM – SafeTravelPass in the current financial year. The system are in a business and generating revenue to Nexgram, instead of the Malaysia is currently closing her borders.

2. COVID-19 tests partnership with government is looking at positive return in coming quarter after much capital investment in last two (2) quarters, in view of taking part of mass screening assignment engaged with government health facilities.

My personal comment:
It’s a POSITIVE NOTE, as the company recognized that in the last two quarters, the cost from a big capital investment has pressured the profitability of the company quarters, but the company expected more positively on the profitability in incoming quarters, thanks to Nexgram’s involvement in the mass screening of Covid-19 assignment engaged with the government health facilities.


3. Government project capital investment continue to weight on current quarter which is normal for concession early investment.

My personal comment:
It’s a NEGATIVE NOTE for short term, as the company recognized that the big capital investment done on the secured government project gave more cost to the company and affected the profitability in the last quarter.

4. The Group other healthcare segment is expanding on capacity resulted in further cost. The healthcare segment had experienced lower margin and recent success in contracts shall expect to contribute to bottom line in coming quarter.

My personal comment:
It’s a NEGATIVE NOTE, as the company recognized further cost will be occurred cause by further expanding in its healthcare business. In addition, will the added cost and the current lower margin of healthcare business will give more pressure on the company’s profitability in near future?

On the POSITIVE SIDE, the company has successfully secured the contracts in healthcare business and its expected to contribute positively in 4QR 2021.

8dragon I thought MZM2511 estimated over RM100 in revenue...
--------------------
RM100 million revenue for financial year 2021. Please read carefully.

The total revenue for three quarters already RM73.957 million. If the revenue for 4QR can record at least RM27 million, therefore my forecast will be meet, The FY 2021 revenue will be at least RM100 million.

The revenue up tremendously, but can't show profit.

Individual Quarter
Revenue dropped by RM10.2 million or 90% in the current financial quarter ended
31 March 2021 (“Q5 2021”) as compared to the corresponding quarter ended 31 March 2020
(“Q1 2020”) mainly due to:-

(a) minimal business operations were allowed in many countries as a result of overnment mandated lock downs due to the novel coronavirus or COVID-19 outbreak which has
turned into a global pandemic hence less revenue was generated, although some of the
countries have slowly resumed business activities coupled with the festive season
being The Chinese New Year where many business in the PRC were closed for the
celebration of the festival; and

(b) relocation of our bamboo processing and manufacturing operations from Ganzhou,
PRC to Jingzhou, PRC is still ongoing hence lesser revenue was contributed from the
subsidiary in Ganzhou.

The gross loss recorded in Q5 2021 as compared to gross profit recorded in Q1 2020 mainly
due to effort by the management to clear some of the old stocks hence higher discount was
given.

Overall, the Group recorded loss before taxation of RM16.4 million in Q5 2021 as compared
to loss before taxation of RM4.4 million in Q1 2020 mainly due to insufficient revenue
generated to defray the expenses, in particular the sale of strand woven bamboo flooring was
largely affected by the relocation of our bamboo processing and manufacturing operations
from Ganzhou, PRC to Jingzhou,

PRC. Furthermore, the Group also incurred some nonrecurring expenses such as bad debts written off of RM2.0 million, impairment loss on trade and other receivables of RM50.0 million, intangible assets written off of RM1.5 million, inventories written off of RM0.3 million and the share based payment of RM3.9 million in Q5 2021 although the impact of these expenses were mitigated by the recognition of the fair value gain on investment properties of RM46.0 million.

The incoming 5QR 2021 should be released on the end of July 2021. The 5QR 2021 will reports the results of businesses activities from 1 January 2021 up to 31 March 2021.

Please be noted that Kanger has approved the change of financial year end from 31 Dec 2020 to 31 Mar 2021. Therefore, the first set of accounts after the change shall be for a period of 15 months from 1 Jan 2020 to 31 Mar 2021. That means, the last quarterly report for financial year end of 31 March 2021 should be referred to the 5QR 2021.

JUST TO GIVE SOME EXPECTATION FROM MY LITTLE OBSERVATION ON THEIR LAST QUARTERLY REPORT WHICH IS 4QR 2021 which was reported on 31 March 2021.

1. I noticed that all the revenue of the company for the last QR was derived only from the bamboo flooring and related goods businesses. There are no another substantial source of revenue.

2. Their sales mainly derived from the Republic of China market, without any sales from the regular markets outside China, such as Malaysia, New Zealand, Mexico, United Arab Emirates and other countries. This happened caused by the Covid-19 pandemic.

3. The company’s sales was decreased mainly due to:

(a) minimal business operations were allowed in many countries as a result of government mandated lock downs due to the novel coronavirus or COVID-19 outbreak which has turned into a global pandemic hence less revenue was generated, although some of the countries have slowly resumed business activities; and

(b) relocation of our bamboo processing and manufacturing operations from Ganzhou, PRC to Jingzhou, PRC is still ongoing hence lesser revenue was contributed from the subsidiary in Ganzhou.

4. Prospects for the 5QR 2021 (financial period ending 31 March 2021) as reported by the company:

PRC’s strong economic growth has led to increasingly affluent consumers who now have the
purchasing power as well as the willingness to pay to enhance individual lifestyles for greater
comfort and pleasure. The modernisation and urbanisation of the country has also caused a
growth in PRC’s property construction industry, an industry that the bamboo flooring market is
dependent on for the consumption of its products. Under its 13th Fiver-Year Plan (2016 - 2020),
PRC aims to double its 2010 GDP and the 2010 per capita income of both urban and rural
residents by 2020 and will focus more on green and low-carbon industries. This is envisaged
to positively affect the bamboo flooring market. In addition, bamboo flooring products are
increasingly welcomed by the consumer due to merits like environmental friendliness and high
price-to-performance ratio.


5. My forecast for the company’s 5QR 2021 is, as the company sales for this quarter mainly focused on the Republic of China market, the revenues would be hardly to increase, therefore it will affect the company’s profitability. It’s good for the company if the company can show a little improvement in its revenue and reduces their net loss for this quarter report

JUST A THEORY TO SHARE

But as I looked at certain companies before, after the company approved the RI and setup the issue price for RI, the share price firstly will drop.

But near the date of the RI to be executed, the price will be markup higher than the issue price of the RI.

These scenario surely not be absolutely will happen to Kanger, but it has high chance or probability to follow suit.

AFTER ALL. TAYOR.

The company announced that the Board had on 26 April 2021 ("Price-Fixing Date") resolved to fix the issue price of the Rights Shares at RM0.06 per Rights Share ("Issue Price").

@DRwarrant. Saya tak nak layan dah ini zzzzzzz. Layan buat pening kepala saja.
Saya nak biar saja dia cakap apa. Biar saja dia nak cakap apa.
Saya nak bagi saja idea atau info yang ada. Ini forum awam kan?
Kalau layan dia, kita pun jadi mengarut sama...

@kenshiro. As I'm the current shareholder of this stock, I won't cut loss just to please the hater/naysayers advice.

Beside, I suspect something wrong with your new identity in this forum. Newly registered identity and straight forwardly whacking this counter. IT IS SOMETHING FISHY HERE....

@kenshiro. Another Nexgram hater (maybe also MZM2511 hater). Once registering the new id, whacking Nexgram.

Your idea is yours. But my ideas is mine. Let us see what happen in the future.
The ICPS problem already counted in for the long time share holder of Nexgram.
For the newbie in this counter, please be alert about that issue

ding ding...... zzzzzzz

ini nama pun boleh tukar. Apa masalah dengan tukar nama group?