Amount raised from RCULS rights issue = 2,614,420,057 X 0.02 = RM52.28 million

Directors easily collected RM52.28 million from RCULS fund raising exercise

When can directors bring in so much annual profits from business operations???

Good reason to do fund raising from share issuance to RI
Quick, easy and no stress compared to business operations

Expect directors to raise more fund via share issuance to PP, ESOS

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Major shareholders start dumping after RCULS under subscribed ?

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Easy price influencing for bursa loss making penny stocks
If happen in SGX, price influencer will be in jail like John Soh Chee Wen

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

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

Check for directors of both companies

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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

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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

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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

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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

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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 ?

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

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

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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

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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

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