Price influencer will likely attempt to play up the stock price for big RI subscribers to release their free warrants to retailer

FOR NEWBIES

Renounceable rights issue of up to 996,522,210 Eduspec Shares ("Rights Shares") at an issue price of RM0.03 per Rights Share together with up to 498,261,105 free detachable warrants in the Company ("Warrants C") on the basis of 6 Rights Shares together with 3 free Warrants C for every 1 share held ("Rights Issue with Warrants")
EDUSPEC HOLDINGS BERHAD

i) EDUSPEC’s 456,942,233 Warrants C issued issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants C on the ACE Market will be granted with effect from 9.00 a.m., Thursday, 11 May 2023.

ii) EDUSPEC’s 913,884,504 new Shares issued pursuant to the Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Thursday, 11 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3350687

================
Take note of listing date for rights shares and new warrant C

Even after share consolidation, close to 1 BILLION shares to be listed together with about 1/2 BILLION WC !!!

================
New NOSH = 1,066,198,588
WC = 456,942,233

================
TAYOR, don't expect price to rise much

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX ("PLACEMENT SHARES") ("PRIVATE PLACEMENT")

No. of shares issued under this corporate proposal 83,596,700
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0450
Latest issued share capital after the above corporate proposal in the following Units 919,564,037
Listing Date 08 Jun 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3360019

===============
Be careful FUND raising company
Directors will be busy with fund raising activity rather than business profit generation
Easier way to build up company is via shares issuance to PP, ESOS
Maybe directors can use more money to build more shop lots in Sg Wang

==============
NOSH = 919,564,037 will hit BILLION shares again even after share consolidation in 2020
WC = 313,068,412

Announced EX Date Subject Ratio Offer
18 Sep 2020 01 Oct 2020 Rights Issue (warrant) 6.0000 : 2.000 0.1300
09 Sep 2020 23 Sep 2020 Share Consolidation 1.0000 : 25.0000

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

Shareholders equity % and EPS continue to be dilution with more share issuance

Director linked to MMAG and previously also HARVEST MIRACLE CAPITAL BERHAD (previously VORTEX CONSOLIDATED BERHAD)

Check for directors of both companies

FOR NEWBIES

(FORMERLY KNOWN AS DYNACIATE GROUP BERHAD)

PROPOSED PRIVATE PLACEMENT OF UP TO 467,185,600 NEW ORDINARY SHARES IN INGENIEUR ("INGENIEUR SHARES") ("PLACEMENT SHARES"), REPRESENTING UP TO 40% OF INGENIEUR SHARES IN ISSUE (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED 40% PRIVATE PLACEMENT")

No. of shares issued under this corporate proposal 86,936,800
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0770
Latest issued share capital after the above corporate proposal in the following Units 1,383,666,986
Listing Date 09 Jun 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3360335

https://www.klsescreener.com/v2/stocks/view/5178/ingenieur-gudang-berhad

=====================
Directors continue fund raising via share issuance to lucky selected PP investors
Win-win activity; Directors get to collect more money to use; Instant profits for undisclosed PP investors
Dilution of shareholding equity % and EPS to other shareholders, most affected are retail shareholders

NOSH = 1,383,666,986 set to increase further with more fund raising via shares issuance
PA = 90,226,220
WA = 83,441,696

==============
Take note of the NOSH

Punters, innocent newbies, FOMO and dare devils could be be caught at high prices this round.
More likely to burn their pants if holding WB

Wait for 14 June announcement of application results to see who are the major supporters/proxies of the fund raising exercise


===============
2 more days to see which penny stocks, operators subscribing RCULS

FOR NEWBIES


Another fund raising high NOSH loss making penny stock

PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 639,496,610 WARRANTS ("WARRANT(S)") ON THE BASIS OF 3 WARRANTS FOR EVERY 8 EXISTING ORDINARY SHARES ("BIOALPHA SHARE(S)" OR "SHARE(S)") IN THE COMPANY HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE OF WARRANTS")

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING | https://www.klsescreener.com/v2/announcements/view/5020067

=============
Get your money ready
Directors need more cash after more losses in business
Losses in multi quarters

FOR NEWBIES

Take note that substantial shareholder disposing at current low price

=============
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
MQ TECHNOLOGY BERHAD

Particulars of substantial Securities Holder
Name MR CHUNG CHEE YANG
1 08 Jun 2023 5,000,000 Disposed Direct Interest
2 07 Jun 2023 15,000,000 Disposed Direct Interest
Disposal of Shares via Open Market
Direct (units) 83,000,000
Direct (%) 6.009
Total no of securities after change 83,000,000
Date of notice 09 Jun 2023

==========
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR CHUNG CHEE YANG | https://www.klsescreener.com/v2/announcements/view/5018729
https://www.klsescreener.com/v2/announcements/view/4998741

==========
Investors would want to know whether directors have good reason to dispose at current low price.

Just another FUND raising company with highly paid directors

NOSH = 5,050,878,500
PA = 77.971.406
WC = 1,412,612,765

Be careful with your hard earned money

This is another FUND raising company using shares issuance to PP, ESOS

NOSH = 10,830,366,054
WC = 1,722,822,600
WD = 365,471,359

Very heavy mother and big babies to be pushed up

Be careful with your hard earned money

Many oldies losing retirement funds in this FAST fund raising company

Many company losing money for multi years
Directors driving sports car and luxury cars

Surprised ???

PARLO BERHAD ("PARLO" OR "COMPANY") (I) DIVERSIFICATION; (II) PRIVATE PLACEMENT; (III) SPECIAL ISSUE; (IV) FREE WARRANTS ISSUE; AND (V) ESOS (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")

On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 18 May 2023, resolved to approve a further extension of time up to 4 November 2023 for the Company to implement and complete the Private Placement and Free Warrants Issue.

This announcement is dated 18 May 2023.

================
Company fund running low
More fund raising via shares issuance coming soon
Dilution of shareholders equity %

Multi year loss making company directors still wondering how to bring in profits to boost company fund instead of via fund raising !!!

https://www.klsescreener.com/v2/stocks/view/0022/parlo-berhad

FOR NEWBIES

NOSH = 5,050,878,500
PA = 77.971.406
WC = 1,412,612,765

Very heavy mother and WC baby to push up

Be careful, not be caught with high NOSH low price multi year loss making penny stock

https://www.klsescreener.com/v2/stocks/view/0165/xox-bhd

=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

Price influencer can't fry share price trying hard to fry WB price

WB has only 66,172,666
Maturity 2024-09-30
Strike value 0.3300
https://www.klsescreener.com/v2/stocks/view/0107WB


Can easily fried up to 0.25 like VSOLAR-WB

Let enjoy the show

Bursa enforcement can't do anything about it

PP investors and directors proxies make money
Retail investors rights subscribers lose money

FOR NEWBIES

MMAG HOLDINGS BERHAD ("MMAG" OR "COMPANY")

(I) PROPOSED SHARE CONSOLIDATION; AND
(II) PROPOSED RIGHTS ISSUE

On behalf of the Board, TA Securities wishes to announce that the application in relation to the Proposals has been submitted to Bursa Securities on 26 May 2023.

This announcement is dated 26 May 2023.

https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad

=============
One step closer to implementation of share consolidation

Minimum scenario is RM2 million
Maximum scenario could be close to RM20 million, with which directors can do monkey businesses to let the money flow out again

Change in Boardroom
FAST ENERGY HOLDINGS BERHAD

Date of change 02 Jun 2023
Name MADAM LEAN BOON BEE
Age 42
Gender Female
Nationality Malaysia
Designation Independent Director
Directorate Independent and Non Executive
Type of change Appointment

1 Others Secondary Education Holy Trinity Secondary School

Working experience and occupation Madam Lean is an entrepreneur with 20 years of experience in pest control for building management. Previously, Madam Lean held various senior management roles at Pest Group Kota Kinabalu. Prior to that, she has a diverse business background, with extensive sales, marketing and business strategy experience.

Directorships in public companies and listed issuers (if any) KANGER INTERNATIONAL BERHAD

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359604

==================
Can smell kanger in this FAST fund raising company

Greedy directors raising fund again, on the pretext of diversification to other new businesses
Shareholders running out otherwise have to dig pocket for more money to pay to contribute to fund raising.

Rights issue in Nov 2021.
Less than 2 years, now announcement of another rights issue

FOR NEWBIES

PROPOSED 40% PRIVATE PLACEMENT

On behalf of the Board, TA Securities wishes to announce that a total of 86,936,800 Placement Shares based on the issue price at RM0.0770 each as announced on 30 May 2023 will be allotted to the placees in due course.

This announcement is dated 6 June 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359916

https://www.klsescreener.com/v2/stocks/view/5178/ingenieur-gudang-berhad

==================
Directors collect more money for company fund
PP investors can make some profits from the low issue price of RM0.0770
Retail shareholders will have dilution of shareholding equity and EPS, if any

NOSH = 1,296,730,186 will increase by 86,936,800 shares

FOR NEWBIES

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359939

Huge paper losses of about RM120 million in investment in quoted securities

============
When company fund runs low, directors might resort to fund raising via share issuance to PP, ESOS again
Might even do share consolidation follow by rights issue

https://www.klsescreener.com/v2/stocks/view/0150/fintec-global-berhad

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX ("PLACEMENT SHARES") ("PRIVATE PLACEMENT")

No. of shares issued under this corporate proposal 83,596,700
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0450
Latest issued share capital after the above corporate proposal in the following Units 919,564,037
Listing Date 08 Jun 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3360019


==============
Directors allocate PP shares at low low price to selected PP investors
Who are the PP investors ?
Lucky PP investors gain huge instant profits due to price influencer action during last few days of trading
Loyal retail shareholders see their shareholding equity % and EPS, if any, being diluted

=============
NOSH = 919,564,037 hitting 1 BILLION shares in very near future with more share issuance to PP, ESOS

Once again a Multi year loss making high NOSH penny stock

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

FOR NEWBIES

Profit/(loss) for the period -6,830,000
Another quarter of losses

Multi quarter, multi year loss making high NOSH penny stock

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3357507

https://www.klsescreener.com/v2/stocks/view/0007/puc-berhad

================
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3360028

On behalf of the Board, Malacca Securities wishes to announce that Bursa Securities had vide its letter dated 6 June 2023, has approved the listing and quotation of up to 546,412,000 Placement Shares to be issued pursuant to the Proposed Private Placement subject to the following conditions:

Another massive fund raising exercise via share issuance to PP

Estimated NOSH = 1,821,375,479 + 546,412,000 hitting 2.5 BILLION shares very soon

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

FOR NEWBIES

BORNEO OIL BERHAD ("BORNOIL" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce that 74,000,000 Placement Shares issued pursuant to the Private Placement were listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Wednesday, 7 June 2023.

This announcement is dated 7 June 2023.

https://www.klsescreener.com/v2/announcements/view/4982175

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3360069

==============
Another fund raising via shares issuance to PP
NOSH increased by 74,000,000 shares to 10,830,366,054

More than 10 BILLION shares !!!

Be careful holding high NOSH low price penny stocks

Until now still no report lodged against price influencer for manipulating VSOLAR-WB ?

Price range for 4 days (1 Jun - 7 Jun) = 0.015 - 0.255

===============
So price influencer can go unpunished in bursa ?

FOR NEWBIES

NOSH = 6,372,205,736
PA = 903,363,292
WD = 3,066,399,051
https://www.klsescreener.com/v2/stocks/view/0116/focus-dynamics-group-berhad

Shares plus all PA and WD exceeded 11 BILLION units
Not easy for price influencer to push the price up much

===============
Company cash reduced by RM40 million to RM24million in last quarter
https://www.klsescreener.com/v2/stocks/financial-report/0116/2023-03-31

If directors with super powers decided to raise more cash via share consolidation, the ratio could be 20 or 30 to 1
Share consolidation will usually followed by rights issue to extract more money from holders
It will be very painful for all holders especially long term retail shareholders stuck at high prices.

FOR NEWBIES

Upon completion of rights issue of RCULS and warrant, estimation of NOSH, RCULS and warrants :-

NOSH = 4,151,479,342
RCULS =4,151,479,342
WD = 942,786,134
WE = 813,127,983

===============
If all RCULS are eventually converted to shares,
NOSH will increase to 8 BILLION shares !!!

In addition, if all warrant D and E are converted to shares,
NOSH will further increase to 10 BILLION shares !!!

Very very low EPS even if directors able to show some profits from business

9 years of annual losses in past 10 years !!!
https://www.klsescreener.com/v2/stocks/view/7079/twl-holdings-berhad

Too heavy mother and babies for price influencer to move the price up

======================
Be careful holding high NOSH low price loss making penny stocks, many of which had undergone share consolidation causing huge losses to holders

===================
Could be another BORNOIL, FINTEC, FOCUS in the making, look at their NOSH and prices

Wait for 14 June announcement of application results to see who are the major supporters/proxies of the fund raising exercise

FOR NEWBIES

Date for commencement of trading of rights 22 May 2023
Date for cessation of trading of rights 29 May 2023

TWL-OR traded at lowest price of 0.005 seller quote
This could be indication that retail investors are not keen on RCULS subscription
More likely RCULS subscriptions will be supported by director-linked company, proxies, operators and friendly penny stocks company directors (using company fund raised from share issuance)

==============
Acceptance and Payment 06 Jun 2023 05:00 PM
Excess share application and payment 06 Jun 2023 05:00 PM

===================
Take note of next important dates :-
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 14 Jun 2023

Available/Listing Date 20 Jun 2023

daily promotion for months to attract newbies for hope of break even consolidated rights price of 0.72

FOR NEWBIES

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3356045

Profit/(loss) for the period -3,301,000
Another quarterly loss
Looks like another annual loss for current financial year

Could be time for directors to raise easy money via share issuance to PP, ESOS or RI
https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all

=================
NOSH = 1,381,215,831

=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all

Director has more than 1 low price high NOSH penny stock companies to take care of.
Moving from one company to another
Could she be proxy to some powerful price influencer ?

=================
Change in Boardroom
DYNACIATE GROUP BERHAD (now known as INGENIEUR GUDANG BERHAD)
Date of change 01 Aug 2022
Name MADAM CHAN SWEE YING
Age 50
Gender Female
Nationality Malaysia
Designation Executive Director

================
Change in Boardroom
MMAG HOLDINGS BERHAD
Date of change 29 Nov 2017
Name MADAM CHAN SWEE YING
Age 45
Gender Female
Nationality Malaysia
Designation Non-Independent Director

=================
VORTEX CONSOLIDATED BERHAD
Date of change 10 Apr 2020
Name MADAM CHAN SWEE YING
Age 48
Gender Female
Nationality Malaysia
Designation Executive Director
Type of change Appointment

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

HARVEST MIRACLE CAPITAL BERHAD (previously VORTEX CONSOLIDATED BERHAD)
Date of change 28 Feb 2023
Name MADAM CHAN SWEE YING
Age 50
Gender Female
Nationality Malaysia
Designation Executive Director
Directorate Executive
Type of change Resignation

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

AGESON BERHAD ("AGESON" OR "COMPANY")

(I) PROPOSED INTERNAL REORGANISATION; AND
(II) PROPOSED ESOS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors (“Board”) of Ageson, TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:

(i) proposed internal reorganisation by way of a members’ scheme of arrangement under Section 366 of the Companies Act 2016 (“Act”) (“Scheme”) comprising the following:

(a) proposed share exchange of up to 565,941,589 ordinary shares in Ageson (“Ageson Share(s)”) as at 31 March 2023, being the latest practicable date prior to the date of this announcement (“LPD”), representing the enlarged issued share capital of Ageson assuming full conversion of all the outstanding Ageson ICPS (as defined herein), with up to 565,941,589 new ordinary shares in Afton Berhad (“Afton”) (“Afton Share(s)”) on the basis of 1 new Afton Share for every 1 existing Ageson Share held on an entitlement date to be determined later (“Entitlement Date”) (“Proposed Exchange of Shares”);

(b) proposed share exchange of up to 254,281,099 irredeemable convertible preference shares (“ICPS”) in Ageson (“Ageson ICPS”) as at the LPD, representing all the outstanding Ageson ICPS, with up to 254,281,099 new ICPS in Afton (“Afton ICPS”) on the basis of 1 new Afton ICPS for every 1 existing Ageson ICPS held on the Entitlement Date (“Proposed Exchange of ICPS”); and

(c) proposed assumption of the listing status of Ageson by Afton, the admission of Afton to, and withdrawal of Ageson from the Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”) with the listing of and quotation for all Afton Shares and Afton ICPS on the Main Market of Bursa Securities (“Proposed Transfer of Listing Status”).

The Proposed Exchange of Shares and the Proposed Exchange of ICPS are collectively referred to as the “Proposed Share Exchange” while the Proposed Share Exchange and the Proposed Transfer of Listing Status are collectively referred to as the “Proposed Internal Reorganisation”; and

(ii) proposed establishment of an employees’ share option scheme (“ESOS”) of up to 15% of the total number of issued Afton Shares (excluding treasury shares, if any) at any point in time during the duration of the ESOS for the eligible executive directors and employees of Afton and its subsidiaries, excluding dormant subsidiaries and foreign subsidiaries incorporated out of Malaysia, if any, who fulfil the eligibility criteria as set out in the by-laws of the ESOS (“Proposed ESOS”) upon the completion of the Proposed Internal Reorganisation.

In conjunction with the Proposed Internal Reorganisation, on 7 April 2023, Ageson had entered into a conditional scheme agreement with Afton for the purpose of the implementation of the Proposed Internal Reorganisation.

Please refer to the attachment for further details on the Proposals.

This announcement is dated 7 April 2023.

Please refer attachment below.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3342861

=================
On behalf of the Board of Ageson, TA Securities wishes to announce that the listing application in relation to the Proposals has been submitted to Bursa Securities on 2 June 2023.

This announcement is dated 2 June 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359450

==============
A little hope for share holders

Price influencers powerful cannot be traced and free from investigation

Changes in Director's Interest (Section 219 of CA 2016)
MMAG HOLDINGS BERHAD

Particulars of Director
Name MADAM CHAN SWEE YING
1 02/06/2023 4,615,600 Acquired Direct Interest
Consideration (if any) RM0.01
Acquisition of shares via open market
Direct (units) 283,624,800
Direct (%) 11.708
Date of notice 06/06/2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359815

FOR NEWBIES

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3347905

Profit/(loss) for the period -5,396,000

Another quarter of losses

Expect another year of annual losses (cumulative 2 quarters = -24,000,000)

https://www.klsescreener.com/v2/stocks/view/7070/vizione-holdings-berhad


========================
Maybe directors might have to raise more money for company fund via shares issuance to PP, ESOS or RI

=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

Similar price movement trend as others like MTRONIC, PASUKGB, LAMBO, etc after share consolidation
Keep repeating without even queries
Powerful operators free from investigation

Singapore stock exchange can detect price manipulation by John Soh
Bursa should consult SGX

consolidation of every 20 existing Shares into 1 ordinary share of TXB

not likely above 0.01 on ex-date

FOR NEWBIES

DOLPHIN INTERNATIONAL BERHAD ("DOLPHIN" OR THE "COMPANY")

(I) PROPOSED SHARE CONSOLIDATION;
(II) PROPOSED RIGHTS ISSUE; AND
(III) PROPOSED VARIATION

On behalf of the Board, Mercury Securities wishes to to announce that Dolphin proposes to undertake the following:

(i) a revision to the Proposed Rights Issue which now entails the renounceable rights issue of up to 202,804,406 Rights Shares together with up to 152,103,304 free detachable Warrants-C on the basis of 4 Rights Shares together with 3 Warrants-C for every 3 Consolidated Shares held on an Entitlement Date to be determined later (“Proposed Revision”); and

(ii) a variation to the utilisation of proceeds raised from a private placement exercise which was completed on 25 February 2021 (“Proposed Variation”).

Please refer to the attachment for further details on the Proposed Revision and Proposed Variation.

This announcement is dated 26 May 2023.

Please refer attachment below.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3355714

https://www.klsescreener.com/v2/stocks/view/5265/dolphin-international-berhad

===============
NOSH = 1,337,883,048

WB= 183,150,003
Maturity 2023-09-28
Strike value 0.0800

===============
Share consolidation getting nearer
WB should become garbage even before maturity date

==============
Be careful trading or holding high NOSH low price loss making penny stocks, many of which had done share consolidation followed by directors fund raising via rights issue

Long term loyal retail investors and holders incurred huge losses due to share consolidation

FOR NEWBIES

Be aware of on-going proposal

Share consolidation and warrant C consolidation completed on 23 Feb 2023

Next step is for directors to raise quick easy fund from shareholders via Rights Issue with free warrant
===================
The Proposed Rights Issue with Warrants which involves the issuance of up to 1,190,746,395 new Rights Shares together with up to 595,373,197 Warrants D is proposed to be implemented on a basis of 10 Rights Shares together with 5 Warrants D for every 2 Consolidated Shares held by the Entitled Shareholders on the Rights Entitlement Date.
(extracted from Circular to shareholders)

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3311193

==================
Basis : 10 Rights Shares and 5 Warrants D for every 2 Consolidated Share

Issue price for Rights Shares : RM0.070 per Rights Share (illustrative price)

==================
TAYOR, look for more announcement

Date for commencement of trading of rights 30 May 2023
Date for cessation of trading of rights 07 Jun 2023

Today last trading day for KOMARK-OR
Still at 0.005 seller quote

==================
Next important date for holders of KOMARK-OR

Acceptance and Payment 14 Jun 2023 05:00 PM
Excess share application and payment 14 Jun 2023 05:00 PM

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

FOR NEWBIES

(i) proposed reduction of TXB’s share capital pursuant to Section 116 of the Companies Act 2016 (“Act”) (“Proposed Capital Reduction”);

(ii) proposed settlement of an aggregate amount of RM33,834,500 debt owing to creditors by the Company (“Settlement Amount”) via the issuance of 2,487,830,882 new ordinary shares in TXB (“TXB Share(s)” or “Share(s)”) (“Settlement Share(s)”) (“Proposed Debt Settlement”);

(iii) proposed consolidation of every 20 existing Shares into 1 ordinary share of TXB (“Consolidated Share(s)”) held by the entitled shareholders on an entitlement date to be determined and announced later (“Consolidated Shares Entitlement Date”) (“Proposed Share Consolidation”); and

(iv) proposed renounceable rights issue of up to 251,587,641 new ordinary shares in TXB (“Rights Share(s)”) on the basis of 1 Rights Share for every 1 Consolidated Share held (“Rights Shares Entitlement Basis”), together with up to 251,587,641 free detachable warrants in TXB (“Warrant(s)”) on the basis of 1 Warrant for every 1 Rights Share subscribed for by the entitled shareholders (“Warrants Entitlement Basis”) of the Company on an entitlement date to be determined and announced later (“Entitlement Date”) (“Entitled Shareholder(s)”) (“Proposed Rights Issue with Warrants”).

Further details of the Proposals are set out in the attachment.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3344464
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3351584

=================
Take note Multiple Proposal still in effect

TECHNA-X BERHAD ("TXB")
- BURSA MALAYSIA SECURITIES BERHAD'S PRACTICE NOTE 17 ("PN17") RELIEF MEASURES RESULTING IN TXB TRIGGERING SUSPENDED CRITERIA BUT NOT CLASSIFIED AS A PN17 LISTED ISSUER

Reference is made to TXB’s announcement made on 1 June 2023 bearing reference number GA1-31052023-00061, the Board of Directors of TXB wishes to clarify that TXB has re-assessed its PN17 condition based on the latest quarterly report on consolidated results for the financial period ended 31 March 2023 as announced on 30 May 2023, the shareholders’ equity has increased from RM35.16 million as at 30 September 2021 to RM42.36 million as at 31 March 2023, which is more than 25% of the share capital of TXB and more than RM40.0 million.

As such, TXB no longer triggers any of the PN17 Suspended Criteria and any of the criteria in relation to the financial condition of a listed issuer as set out in Paragraph 2.1 of the PN17.

This announcement is dated 2 June 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359665

FOR NEWBIES

Profit/(loss) for the period -28,325,000
Suddenly showing huge quarterly losses

https://www.klsescreener.com/v2/announcements/view/4900591

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3357939

============
Fried up before QR announcement to catch punters and chasers

Many caught at high price might have to hold and donate more money to directors company fund raising rights issue activities

https://www.klsescreener.com/v2/stocks/view/9113/iconic-worldwide-berhad

=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

NOSH = 161,158,039
Transaction volume (3.25pm) = 61,502,400
Almost 1/2 of the number of shares


WB = 27,381,009
Transaction volume (3.25pm) = 84,505,600 !!!
More than 3 times of the number of warrants
More likely recycled from right hand to left leg

Show of power of manipulation?
Insider trading?
Untouchable by authorities?
Win win collaboration?

FOR NEWBIES

Profit/(loss) for the period -2,498,000
https://www.klsescreener.com/v2/announcements/view/4903385

Another quarterly loss
No problem !!!
Directors can raise more money for company fund via share issuance to RI, PP or ESOS

Retail investors will see dilution in shareholding equity % and EPS, if any

=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce that 225,000,000 Placement Shares issued pursuant to the Private Placement were listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Friday, 2 June 2023.

This announcement is dated 2 June 2023.

https://www.klsescreener.com/v2/stocks/view/7036/borneo-oil-berhad

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359347

=================
Another 225,000,000 shares allotted to PP investors
NOSH = 10,756,366,054

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 167,193,400 NEW ORDINARY SHARES IN NETX, REPRESENTING UP TO APPROXIMATELY 20% OF THE EXISTING TOTAL NUMBER OF ISSUED SHARES OF NETX, TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED AND ANNOUNCED AT A LATER DATE

On behalf of the Board, TA Securities wishes to announce that the Board had on even date (“Price-fixing Date”) fixed the issue price for the Private Placement at RM0.045 per Placement Share (“Issue Price”).

The Issue Price represents a discount of 10.00% to the 5-day VWAP of NETX Shares up to and including 26 May 2023 of RM0.050, being the last market day immediately preceding the Price-fixing Date.

This announcement is dated 29 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3356022

===========
Directors set low issue price for PP investors
PP investors make quick easy profits
Retailers see their shareholding equity % diluted

============
PP investors name not announced!!!!
Who are they related to?

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

Multi year loss making company
Directors no need to generate profits from business
Directors just need to issue more shares to raise money for company fund