FOR NEWBIES

Changes in Director's Interest (Section 219 of CA 2016)
MQ TECHNOLOGY BERHAD

Information Compiled By KLSE

Particulars of Director
Name MR TERENCE CHEAH EU LEE

========
Director selling his shares
Same director selling his shares in jiankun
What’s happening next

FOR NEWBIES

Changes in Director's Interest (Section 219 of CA 2016)
MQ TECHNOLOGY BERHAD

Information Compiled By KLSE

Particulars of Director
Name MR TERENCE CHEAH EU LEE

========
Director selling down his shareholding
Director with the same name sold all his shares in JIANKUN
What’s happening next?

Total no of securities after change
Direct (units) 0
Direct (%) 0.000
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 08/08/2024

FOR NEWBIES

Changes in Director's Interest (Section 219 of CA 2016) - MR TERENCE CHEAH EU LEE | https://www.klsescreener.com/v2/announcements/view/7568099

=======
Directors sold all his shares
What’s happening next?

FOR NEWBIES

Announced EX Date Subject Ratio Offer
11 Oct 2023 25 Oct 2023 Share Consolidation 1.0000 : 10.0000 View

https://www.klsescreener.com/v2/stocks/view/0074/green-ocean-corporation-berhad

After share consolidation (1:10) in Oct 2023,
Current NOSH =211,159,233

Expect directors to go for massive fund raising via shares issuance to Rights issue, private placement or ESOS if directors unable to consistently generate profits from businesses

Predict when will the NOSH exceed 1 BILLION shares again !!!

FOR NEWBIES

After share consolidation (1:30) in Jan 2024,
Current NOSH = 226,192,659

Expect directors to go for massive fund raising via shares issuance to Rights issue
if directors unable to consistently generate profits from businesses

FOR NEWBIES

NOSH = 2,354,109,464
WC = 1,155,538,938

Loss making high NOSH penny stock
Directors more interested in fast and easy fund raising via massive shares issuance to PP, ESOS, warrant conversion, etc

================
Announced EX Date Subject Ratio Offer
01 Mar 2023 16 Mar 2023 Rights Issue (warrant) 3.0000 : 1.0000 0.0650
26 Sep 2014 09 Oct 2014 Others (warrant) 2 : 5
26 Sep 2014 09 Oct 2014 Bonus Issue 2 : 5 View
03 Sep 2010 23 Sep 2010 Bonus Issue 1 : 2 View
18 Oct 2007 30 Oct 2007 Rights Issue (warrant) 1 : 2 0.1000
15 Aug 2006 30 Aug 2006 Others 2 : 1 View
15 Aug 2006 30 Aug 2006 Bonus Issue 1 : 2 View
25 Sep 2002 11 Oct 2002 Bonus Issue 1 : 2 View

https://www.klsescreener.com/v2/stocks/view/9318/fitters-diversified-berhad

Check P/L and Capital Changes

FOR NEWBIES

Changes in Director's Interest (Section 219 of CA 2016)
JIANKUN INTERNATIONAL BERHAD

Changes in Director's Interest (Section 219 of CA 2016) - MR TERENCE CHEAH EU LEE | https://www.klsescreener.com/v2/announcements/view/7545703

======
Director disposing at downtrending price!!!
What is happening?

new story to newbies

FOR NEWBIES

I. PROPOSED VARIATION;
II. PROPOSED PRIVATE PLACEMENT;
III. PROPOSED ESOS; AND
IV. PROPOSED CHANGE OF NAME

Additional information relating to Multiple Proposal

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3471139

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=149611&name=EA_GA_ATTACHMENTS

============
Be aware of on-going shares issuance exercise to PP and ESOS

Bloodbath started earlier when it hit a high of 0.34 on 16/7/24
After 3 weeks, it is now trading at 0.11

Rights issue of 3 for 1
Retailers pay 0.16 for the rights shares !!!

Consider yourself lucky if you are not caught off guard by the con operator

=============
Announced EX Date Subject Ratio Offer
18 Jun 2024 01 Jul 2024 Rights Issue (warrant) 3.0000 : 1.000 0.1600
19 Mar 2024 02 Apr 2024 Share Consolidation 1.0000 : 20.0000

https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd

FOR NEWBIES

TECHNAX Capital Changes

Announced EX Date Subject Ratio Offer
25 Apr 2024 09 May 2024 Share Consolidation 1.0000 : 20.0000

https://www.klsescreener.com/v2/stocks/view/2739/techna-x-berhad

NOSH after share consolidation = 235,125,043
Price has dropped from high of 0.395 to 0.10 (7/8/24) within 3 months

==================
FINTEC Capital Changes

Announced EX Date Subject Ratio Offer
22 Apr 2024 07 May 2024 Share Consolidation 1.0000 : 30.0000

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

NOSH = 197,894,622

===============
Will FINTEC price follow in the footstep of TECHNAX ?

FOR NEWBIES

Announced EX Date Subject Ratio Offer
25 Apr 2024 09 May 2024 Share Consolidation 1.0000 : 20.0000
06 Mar 2007 14 Mar 2007 Others 4 : 1 View

https://www.klsescreener.com/v2/stocks/view/2739/techna-x-berhad

===============
Share consolidation in May 2024
Operators pushed price to high of 0.395
Within 3 months, it has crashed to low of 0.10 today.

===============
Notice of Person Ceasing (Section 139 of CA 2016)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459936

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3470186

Big foot have disposed their shareholdings to retailers to hold

===============
Next step might be for directors to raise more fund via shares issuance to RI, PP, ESOS, etc
NOSH (235,125,043) most likely to rise to above 1 BILLION shares again in near future
Retailers shareholding equity % most likely to be diluted further

FOR NEWBIES

NOSH = 5,500,370,682 !!!

PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF CHB ("PROPOSED PRIVATE PLACEMENT")

Another 10% PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF CHB ("PROPOSED PRIVATE PLACEMENT")

Another 10% new shares to be issued for private placement.
NOSH will exceed 6 Billion shares.
Shareholder equity % and EPS massively diluted.

The only road to go is share consolidation eventually.
Retailers still holding at high prices will suffer huge losses when consolidation happens.

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING | https://www.klsescreener.com/v2/announcements/view/7522489

FOR NEWBIE

Notice of Person Ceasing (Section 139 of CA 2016)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459936

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3470186

Big foot already profited from this conter after disposing their shares to retailers

FOR NEWBIES

(I) PROPOSED SHARE CONSOLIDATION;

(II) PROPOSED PRIVATE PLACEMENT

On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 5 August 2024, resolved to approve the following:

(i) The Proposed Share Consolidation; and
(ii) Listing and quotation of up to 143,000,000 Placement Shares to be issued pursuant to the Proposed Private Placement.

This announcement is dated 5 August 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3470707

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

=============
Share consolidation 1:5 coming soon followed by more fund raising via share issuance to PP....

FOR NEWBIES

2/7/2024

Fake buy queue 513,078,700 @ 0.060 has shifted down to 0.055

New fake buy queue 441,654,200 @0.055 on 2/7/2024 15:05

=================
Retailers queuing at 0.06 has all orders done today 2/7/2024
Only 10,096,700 shares done at 0.06 although the original queue was 513,078,700 !!!

FOR NEWBIES

After share consolidation (1:30) in Jan 2024,
Current NOSH = 226,192,659
Current share price = 0.185

10 years in a row of annual losses !!!
https://www.klsescreener.com/v2/stocks/view/0072/at-systematization-berhad

Directors continue to enjoy attractive remuneration sustained by fund raising activities

===============
Monitor directors fund raising activities via massive shares issuance to PP, ESOS, RI, etc

Predict when will the NOSH exceed 1 BILLION shares again !!!

FOR NEWBIES

After share consolidation (1:30) in July 2024,
NOSH = 173,017,362

===============
Just monitor directors fund raising activities via massive shares issuance to PP, ESOS, RI, etc

Predict when will the NOSH exceed 1 BILLION shares again !!!

FOR NEWBIES

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

Multi year loss making penny stock
Most likely to continue to lose money in business operations

Next step is for directors to raise more fund via massive rights issue with free warrant, private placement, ESOS, asset acquisition, etc

Directors will continue to enjoy attractive remuneration packages sustained by fund raising activities

Retailers with shareholding reduced by shares consolidation will have their shareholding equity % further reduced due to massive shares issuance.

Who is Tang Ah Mooi ?
Somebody's mother lah.

FOR NEWBIES

Notice of Person Ceasing (Section 139 of CA 2016)
MLABS SYSTEMS BERHAD

Particulars of Substantial Securities Holder
Name NETX HOLDINGS BERHAD

Ceased to be substantial shareholders due to the increased in issued share capital of the Company to 289,069,106 ordinary shares arising from the Company's Rights Issue exercise.
https://www.klsescreener.com/v2/announcements/view/7468831

=========
Crony penny stock suffer huge losses investing in MLAB which has recently undergone share consolidation of 1:20

No more fund to subscribe for MLAB rights shares?
Directors can raise more fund via shares issuance to PP, ESOS, etc

Siti Noorkhaniza Mohd Zainuddin
Hi, help me.. I don't understand what is happening. I have existing shared of 11500 unit (bought around RM2K) but today it's becomes 383 (valued at RM100++) but my portfolio show green (profit)..what does it mean?I don't understand what is happening..please someone explain..I am new here

==================
Your shareholding has been reduced by 30 times by the smart directors who did massive fund raising via massive shares issuance to PP, ESOS, RI, ICPS conversion, etc

It will be a miracle for you to recover your original cost

=================
Uptrend after consolidation !!!
Previous shareholders bought at high price , still vomiting blood due to smart directors fund raising via massive share issuance and followed by share consolidation plan

FOR NEWBIES

(I) SHARE CAPITAL REDUCTION; AND
(II) SHARE CONSOLIDATION

On behalf of the Board, TA Securities wishes to announce the following:

(i) the Company had on 31 July 2024 received a notice dated 26 July 2024 issued by the Companies Commission of Malaysia confirming that on 23 July 2024, all the requirements with respect to the reduction of share capital of the Company, as stated in the special resolution dated 7 June 2024, have been complied (“Notice”). Pursuant to Section 119(4) of the Act, the Notice shall be conclusive evidence that all the requirements of the Act with respect to the reduction of share capital have been complied with.

Accordingly, the Share Capital Reduction took effect on 26 July 2024; and

(ii) the Share Consolidation has been completed following the listing and quotation of 173,017,362 Consolidated Shares and 2,598,871 Consolidated ICPS on the ACE Market of Bursa Securities with effect from 9.00 a.m. today.

This announcement is dated 31 July 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3469574

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

FOR NEWBIES

Another fund raising company ?
NOSH 1,784,976,510 continue to rise, hitting 2 BILLION shares anytime soon
Shareholders equity % and EPS continue to be diluted

PA = 517,665,497

==============
Directors collecting lots of money from conversion of preference shares and ESOS
More money expected to be collected when private placement is implemented

FUND RAISING MINETECH RESOURCES BERHAD ("MINETECH" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL ISSUED SHARES IN MINETECH ("PROPOSED PRIVATE PLACEMENT")

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3468436

==================
https://www.klsescreener.com/v2/stocks/view/7219/minetech-resources-berhad

11 out of 13 years recording annul losses since 2012 !!!

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

=============
Circular to Shareholders in relation to Proposed Change of Name of the Company from "Minetech Resources Berhad" to "AIZO Group Berhad" and Proposed Granting of Options under the Share Issuance Scheme to Directors of the Company and the Person Connected to the Director

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3468659

Fake Buy queue 511,103,600 @ 0.07 was pulled out
Only 10,296,000 shares transacted at 0.07

Now the fake buy queue has been shifted down
Buy queue 513,078,700 @ 0.060 at 15:06

FOR NEWBIES

HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI.
This announcement is dated 15 July 2024.

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

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - HM, MQTECH, XOX, DESTINI, VIZIONE, KGROUP
2024 completed - AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Retail investors trapped at high price incurred huge losses caused by share consolidation

Buy queue 511,103,600 @ 0.07 looks fake !!!

Directors still in love with fund raising via massive shares issuance to PP, ESOS, RI, etc
NOSH continue to rise, eventually will hit Billion shares again.
Shareholder equity % and EPS continue to be diluted

Can push price further down for directors to fix attractive issue price for lucky private placement investors to make more profits

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

FOR NEWBIES

TA WIN HOLDINGS BERHAD ("TA WIN" OR THE "COMPANY") PRIVATE PLACEMENT

On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 29 July 2024, resolved to grant the Company an extension of time until 26 January 2025 to complete the implementation of the Private Placement.

This announcement is dated 29 July 2024.
https://www.klsescreener.com/v2/announcements/view/7456427

==============
Be aware that directors still have intention to raise fund via shares issuance to PP. Implementation deadline extended .

NOSH will continue to increase
Further dilution of shareholders equity % and EPS
Business continue to make losses
Directors continue to receive attractive remuneration

Take care of your hard earned money

FOR NEWBIES

HARVEST MIRACLE CAPITAL BERHAD
previously known VORTEX CONSOLIDATED BERHAD
previously known as SKH CONSORTIUM BERHAD
previously known as THE MEDIA SHOPPE BERHAD

====================
On behalf of the Board of Directors of HMCB (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:

(i) proposed consolidation of every 3 ordinary shares in HMCB (“Share(s)”) into 1 Share
(“Consolidated Share(s)”) (“Proposed Share Consolidation”); and

(ii) proposed renounceable rights issue of up to 1,356,361,086 new Shares (“Rights Share(s)”) on the basis of 3 Rights Shares for every 1 Consolidated Share held as at the close of business on an entitlement date to be determined and announced later (“Rights Issue Entitlement Date”) at an issue price of RM0.08 per Rights Share (“Issue Price”), together with up to 678,180,543 free detachable warrants in HMCB (“Warrant(s) D”) on the basis of 1 Warrant D for every 2 Rights Shares subscribed for (“Proposed Rights Issue”).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3464502

https://www.klsescreener.com/v2/stocks/view/0060/harvest-miracle-capital-berhad

Check P/L and Capital Changes for previous share consolidation and share issuance exercises

==================
Another high NOSH penny conter going for share consolidation and followed by massive fund raising via shares issuance to RI to raise more than rm100 million for directors to utilise

===================
NOSH = 1,230,414,715
WC = 125,946,372

===================
Remember these names ???

HARVEST MIRACLE CAPITAL BERHAD
previously known VORTEX CONSOLIDATED BERHAD
previously known as SKH CONSORTIUM BERHAD
previously known as THE MEDIA SHOPPE BERHAD

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

FOR NEWBIES

Take note :-

The Rights Shares with Warrants are expected to be listed and quoted on the ACE Market of Bursa Securities on 1 August 2024.

NOSH = 289,069,106 (estimated based on number of rights share subscribed)

Warrant D = 86,639,526 (estimated based on 2 warrants for 5 rights subscribed)
Expiry date = 3 years from date of listing on 1 Aug 2024
Exercise price of WD = 0.16 per warrant

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3456912

===========
Be careful trading the warrants of loss making stocks, many of which will end up worthless approaching expiry date when share price is below exercise price

FOR NEWBIES

CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN XOX BHD ("XOX" OR THE "COMPANY") ("XOX SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 30 JULY 2024 INTO 1 XOX SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

Ex-Date 29 Jul 2024

===================
5,190,892,950 shares have been consolidated into 173,029,765 shares

Check your reduced shareholding if you are a shareholder

Take note that XOX-PA has also been consolidated and the exercise price adjusted up.

===================
Get ready for operator to play the price to lure newbies, punters, fomo oldbies, etc to come in

FOR NEWBIES

Share Issuance Scheme
No. of shares issued under this corporate proposal 6,790,457
Listing Date 29 Jul 2024

==========
16 years losing money since 2011
Directors continue to reward management and staff with cheap ESOS!!!

NOSH keep increasing
More dilution of shareholders equity % and EPS if any.

FOR NEWBIES

Fund raised from massive rights issue = 216,598,817 x 0.16 = RM34,665,810 !!!

19 out of 20 years of annual losses
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd

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

FOR NEWBIES

The details of valid acceptances and excess applications received as at the Closing Date are as follows:

.....................................No. of Rights Shares.....% of total Rights Shares available for subscription
Total valid acceptances....................................92,627,498........42.61
Total valid excess applications.........................123,971,319........57.02
Total valid acceptances and excess applications..........216,598,817.......99.63
Total Rights Shares available for subscription............217,410,867...........100.00
Under-subscription................................................(812,050).................(0.37)

The successful applicants for the Rights Shares will be issued with Warrants on the basis of 2 Warrants for every 5 Rights Shares subscribed for.

The Rights Shares with Warrants are expected to be listed and quoted on the ACE Market of Bursa Securities on 1 August 2024.

This announcement is dated 25 July 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3467419

============
19 out of 20 years of annual losses
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd

Fund raised from massive rights issue = 216,598,817 x 0.16 = RM34,665,810 !!!
Easy easy money for directors to utilise for what ?

==============
Retail investors getting smarter not to contribute hard earned money to directors fund raising exercise
But fund raising still considered a success (99.63%) as it is likely supported by cronies penny stocks

Wait for announcement on Changes in Shareholdings to know the cronies penny stocks out there like Fintec, Focus, Joe, Permaju, AT, LKL, Bcmall, mmag, and many more

===============
Upon listing operators likely to play price of free warrant for cronies to dispose to retailers, punters, newbies,etc

FOR NEWBIES

Announced EX Date Subject Ratio Offer
25 Jul 2017 04 Aug 2017 Share Consolidation 4 : 1 View

https://www.klsescreener.com/v2/stocks/view/0169/smtrack-berhad

Check P/L, Capital Changes in above link

==================
On behalf of the Board, TA Securities wishes to announce that SMTrack’s existing issued 346,761,800 ordinary shares will be consolidated into 86,690,446 new ordinary shares (“Consolidated Shares”) after 5.00 p.m. today pursuant to the Share Consolidation.

The 86,690,446 Consolidated Shares will be listed and quoted on the ACE Market of Bursa Securities with effect from 9.00 a.m. on Wednesday, 9 August 2017.

This announcement is dated 8 August 2017.

================
NOSH = 1,298,736,900 increase massively since share consolidation in 2017

16 Multi year loss making company since 2011 !!!
Directors good in fund raising via massive shares issuance to PP, ESOS, RI, etc
Directors continue to receive good remuneration packages from fund raising via massive share issuance to PP, ESOS, etc

GHL Systems Bhd has applied to Bursa Malaysia Bhd to withdraw its listing status, with its shares to be suspended on Wednesday, July 31, 2024, at 9am.

https://www.freemalaysiatoday.com/category/business/2024/07/24/ghl-applies-to-exit-bursa-set-for-ntt-data-japan-takeover/

===============
Kindly be advised that trading in the securities relating to GHLSYS will be suspended with effect from 9.00 a.m., Wednesday, 31 July 2024 pursuant to Paragraph 16.02(3) of the Main Market Listing Requirements.

Your attention is drawn to GHLSYS’ announcement dated 23 July 2024.

https://www.klsescreener.com/v2/announcements/view/7429187

https://www.klsescreener.com/v2/announcements/view/7425367

====================
Take note if you are a shareholder

FOR NEWBIES

NOSH = 937,952,641

WD = 468,976,292
Maturity 2027-07-21
Strike value 0.1000

Most likely operators will play WD price for cronies to release them to market retailers for free money

Be reminded of 8 years of annual losses in a row !!!!

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

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

FOR NEWBIES

Kindly be advised that NETX’s 468,976,292 Warrants D issued pursuant to the Bonus Issue of Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants D on the ACE Market will be granted with effect from 9.00 a.m., Thursday, 25 July 2024.

=======
Take note of new warrants given as free to shareholders
Trade cautiously and don't be caught at high price as the warrant would likely be worthless when approaching the expiry date.

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 217,410,867 NEW ORDINARY SHARES IN MLABS ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 2 JULY 2024 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.16 PER RIGHTS SHARE, TOGETHER WITH UP TO 86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

Acceptance and Payment 18 Jul 2024 05:00 PM
Excess share application and payment 18 Jul 2024 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 25 Jul 2024

Available/Listing Date 01 Aug 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3456960

Multi year losses. Almost 20 years !!!
https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd

================
Wait for Thursday 25/7/24 for the release of subscription result.
Over or under subscribed ???

NOSH if RI fully subscribed = 289,881,156
New warrant = 86,964,346

==============
Can the price be maintained above rights issue price of 0.16 ?

FOR NEWBIES

Another massive 377,357,000 new ordinary shares in G3 Global to be issued as private placement.

This announcement is dated 26 June 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459257

NOSH = 3,773,579,548 will continue to rise toward 4 BILLION shares !!!

https://www.klsescreener.com/v2/stocks/view/7184/g3-global-berhad
Check P/L and Capital Changes

FOR NEWBIES

MQ TECHNOLOGY BERHAD ("MQ TECH" OR "COMPANY")

(I) PROPOSED SHARE CAPITAL REDUCTION;

(II) PROPOSED SHARE CONSOLIDATION; AND

(III) PROPOSED ISSUANCE OF BONDS

(COLLECTIVELY REFERRED TO AS "PROPOSALS")
We refer to the announcement made on 7 June 2024 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

On behalf of the Board, Mercury Securities wishes to announce that the application in respect of the Proposals has been submitted to Bursa Securities on 10 June 2024.

This announcement is dated 10 June 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3454849

https://www.klsescreener.com/v2/stocks/view/0070/mq-technology-berhad

Check P/L

=============
Be reminded of impending share consolidation exercise proposed by directors

FOR NEWBIES

Announced EX Date Subject Ratio Offer
15 Jul 2024 29 Jul 2024 Share Consolidation 1.0000 : 30.0000
04 Jan 2021 15 Jan 2021 Bonus Issue (warrant) 3.0000 : 8.0000
24 Jan 2020 11 Feb 2020 Rights Issue (warrant) 4.0000 : 2.000 0.0250 View
04 Jan 2016 14 Jan 2016 Rights Issue (warrant) 1 : 1 0.2000 View
02 Nov 2015 13 Nov 2015 Share consolidate 1 : 2 View

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

=============
CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN XOX BHD ("XOX" OR THE "COMPANY") ("XOX SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 30 JULY 2024 INTO 1 XOX SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

Ex-Date 29 Jul 2024

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3464164

==============
Be reminded of the ex-date when your shareholdings will be reduced by 30 times !!
Those bought at high price will incur huge losses due to directors decision on share consolidation

=============
In near future, expect directors to raise more fund via shares issuance to PP, ESOS, RI, etc

FOR NEWBIES

Another quarter of losses

https://www.klsescreener.com/v2/stocks/financial-report/0107/2024-05-31

Multi year of losses
8 years in a row !!!

Directors continue to receives high salary packages
Directors will need to raise more fund via shares issuance to PP, ESOS, RI, to sustain the annual losses and expenditures

When will the directors start to bring in money from business operations ???

FOR NEWBIES

Ask the fund raising directors, when are they going to bring in the money from businesses instead of massive share issuance to PP, ESOS,RI, etc ?

https://www.klsescreener.com/v2/announcements/stock/5040?category=AL


https://www.klsescreener.com/v2/stocks/view/5040/meridian-berhad

Ask the fund raising directors when are they going to bring in the money from businesses.

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 217,410,867 NEW ORDINARY SHARES IN MLABS SYSTEMS BERHAD ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 2 JULY 2024 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.16 PER RIGHTS SHARE, TOGETHER WITH UP TO 86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3461334

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After recent share consolidation of 20 to 1 in April 2024,
Directors going for easy fund raising via massive shares issuance to RI at high price of 0.16

EX DATE = 2 Jul 2024

Rights issue at 0.16
Amount targeted to raise = 217,410,867 x 0.26 = 34,785,738
that is RM34 million from shareholders !!!

Easy easy money for directors to utilise for what ?

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https://www.klsescreener.com/v2/stocks/view/0085/mlabs-systems-bhd

Multi year annual losses since 2017 !!!

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

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Cronies disposed above 0.30 and letting the price finding its own level
Possible for price to drop below rights issue price of 0.16 ???
Possible for rights issue to be under subscribed ???

Graft buster can join in to watch the show.