NOSH now above 1.5 Billion shares
If directors continue to raise more funds via shares issuance to PP and ESOS, NOSH might increase further to multi BILLION shares
Don't be surprised when directors propose another shares consolidation exercise in near future

Post removed.Why?

Post removed.Why?

Post removed.Why?

Upon completion of rights issue,
NOSH = 4,990,594,887
New warrant = 1,663,531,629

Very very massive fund raising via very very massive share issuance

In near future, directors likely to propose shares consolidation to reduce the NOSH anf raise more fund via shares issuance to RI, PP and ESOS

Post removed.Why?

Most probably after shares consolidation, directors will start to raise more funds via shares issuance to PP and ESOS or RI

Continue to monitor quarterly reports and utilization of company fund by directors

Post removed.Why?

FOR MZM

The Board of Directors of Kanger wishes to announce that its wholly-owned subsidiary, namely KIB Global Resources Sdn Bhd, had on 7 November 2023 entered into a Sale and Purchase A greement ("Agreement") with Aset Kayamas Sdn Bhd (“Aset Kayamas” or “Developer”) for the proposed acquisition of 15 units of serviced apartments located at Block A, ANTARA, GENTING HIGHLANDS, sited on a piece of freehold land held under title no. GRN 45572 , Lot 43031, Mukim Bentong, Daerah Bentong, Negeri Pahang from the Developer for a total purchase consideration of RM19,770,000.00, with details provided herein, subject to the terms and conditions of the Agreement ("Proposed Acquisition").

Further details on the Proposed Acquisition are set out in the attachment enclosed.

This announcement is dated 7 November 2023.

===============
6.1 The parties agree that the total consideration of all the Purchaser Units is Ringgit
Malaysia Nineteen Million Seven Hundred and Seventy Thousand
(RM19,770,000.00) only (hereinafter referred to as the “Total Consideration
Sum”) which is payable to the Developer in the manner as provided in Annexure
E of the Agreement. The Developer agrees to sell and transfer ownership of the
Purchaser Units to Purchaser and/or its nominees subject to all conditions whether
expressed or implied in the issue document of title of the said Land and subject to
all terms and conditions herein appearing.

================
Please read the full documents of the agreement and let us know how the purchases will be financed

Could it be via massive shares issuance to the seller or to PP to raise more money to hand it to the seller ??

Post removed.Why?

Post removed.Why?

Downtrend likely to continue into next week

Post removed.Why?

High NOSH low price penny stock in the making
Many penny stocks with high NOSH of above 3 Billion shares had done shares consolidation.
Latest examples are AT, JOE, MMAG, KGROUP, ETC

PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 3,327,063,258 NEW ORDINARY SHARES IN DESTINI BERHAD ("DESTINI" OR THE "COMPANY") ("DESTINI SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT THE ISSUE PRICE OF RM0.04 PER RIGHTS SHARE, ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING DESTINI SHARE HELD, | https://www.klsescreener.com/v2/announcements/view/5930143

Post removed.Why?

Generating volume to attract newbies, punters and new players into the game. Very cheap counter, everyone can play.
But NOSH extremely high and with multi year losses
=============
NOSH = 4,827,398,567
LA = 2,098,519,791
WD = 856,946,709
WE = 440,216,202

=============
More than 800 million placement shares to be issued soon

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3239819

MZM, please check if annual report purposely leave out the name or her disposal was not declared and announced?

KANGER INTERNATIONAL BERHAD

Particulars of substantial Securities Holder
Name MISS CHAI WOON YUN

Nature of interest Direct Interest
Direct (units) 33,450,000
Direct (%) 5.594

==========
Proxy of Asset Kayamas?

Kanger directors can raise more fund via share issuance to PP. ESOS or seller
Old tricks remain the same
NOSH will continue to rise to BILLION shares
Shareholders equity % and EPS will be massively diluted

MZM is very active again.
Trade cautiously, set realistic targets
Uptrend will change to downtrend
Monitor directors plan to raise more funds via shares issuance to PP, ESOS and asset acquisition
Can directors bring in profits for the quarters
Check how directors utilise company fund

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

proposed consolidation of every 30 existing ordinary shares in ATS (“ATS Shares”) held by the shareholders of the Company on an entitlement date to be determined and announced later, into 1 ATS Share (“Proposed Share Consolidation”); and

30 to 1 share consolidation

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Post removed.Why?

Tread cautiously, next week could be a different story

Post removed.Why?

Post removed.Why?

MZM you are very active again
But can you honestly tell what is your cost price
Remember that you led many newbies to buy high and subscribed to the rights issue which was then consolidated by the directors action

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

Post removed.Why?

AT long term retail shareholders will incur huge losses arising from share consolidation of 30 to 1.
After share consolidation, directors will again raise and collect more funds via shares issuance to RI, PP and ESOS
Similar modus operandi used by multi-year loss making penny stocks directors

After AT, which penny stocks is next

Post removed.Why?

Post removed.Why?

What cars are the enforcement or approving executives driving

Post removed.Why?

Post removed.Why?