whistlebower99

whistlebower99 | Joined since 2021-03-26

Investing Experience -
Risk Profile -

Followers

28

Following

1

Blog Posts

12

Threads

5,255

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
5,255
Past 30 days
2
Past 7 days
0
Today
0

User Comments
Stock

2024-07-10 09:39 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
03 Oct 2023 18 Oct 2023 Rights Issue (warrant) 4.0000 : 3.0000 0.0850
15 Sep 2023 29 Sep 2023 Share Consolidation 1.0000 : 10.0000 View
10 Jul 2020 23 Jul 2020 Rights Issue (warrant) 5.0000 : 4.000 View
10 Mar 2016 22 Mar 2016 Others (warrant) 1 : 4 View

Multi year loss making company

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

Check P/L and Capital Changes

=====================
MULTIPLE PROPOSALS

Description
DOLPHIN INTERNATIONAL BERHAD ("DOLPHIN" OR THE "COMPANY") I. PROPOSED VARIATION; II. PROPOSED PRIVATE PLACEMENT; III. PROPOSED ESOS; AND IV. PROPOSED CHANGE OF NAME (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

https://www.klsescreener.com/v2/announcements/view/7342595

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3462715

Directors doing multiple proposal again, doing fund raising via shares issuance

======================
Main point is shares issuance to PP, ESOS and perhaps asset acquisition
Company continue to lose money for multi years

Stock

2024-07-09 18:20 | Report Abuse

FOR NEWBIES

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

Particulars of substantial Securities Holder
Name MORGAN STANLEY

1 04 Jul 2024 1,755,000 Disposed Direct Interest
Name of registered holder Morgan Stanley & Co. International plc

Decrease 1,755,000 in shares held in respect of which Morgan Stanley may exercise its right to rehypothecate or dispose of on 4 July 2024.

Direct (units) 45,467,900
Direct (%) 6.216
Total no of securities after change 45,467,900
Date of notice 08 Jul 2024

https://www.klsescreener.com/v2/announcements/view/7342255

===================
One director went missing ?
Now big player disposing ?

Stock

2024-07-09 15:13 | Report Abuse

"Bear in mind at the time of FREE Warrant, NetX EPS is Negative;"

And directors are happily & generously issuing free warrants to shareholders instead of focusing on making the EPS turn positive.

Company keep losing money and yet giving out free gifts coz the free gift appear out of thin air ???

Judge for yourself to see who will benefit the most, from the free warrants.

Stock

2024-07-09 14:44 | Report Abuse

Free warrants sound so good coz it is FREE
Lucky we got free air and water from Nature.
Other than these, not many things created by man are free for others.

Free warrants will definitely benefit big boys holding big chuck of the shares to receive big chunk of free warrants to control and goreng.
Free warrants might eventually be released into market for retailers to hold until expiry date without any returns when exercise price exceeded share price
If free warrants are converted into shares, retailers will have their small equity % further diluted. Same goes to the EPS if any

Stock

2024-07-09 10:33 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
11 Oct 2023 25 Oct 2023 Share Consolidation 1.0000 : 10.0000 View
18 Nov 2020 01 Dec 2020 Rights Issue (warrant) 2.0000 : 1.000 0.1000 View
18 Jul 2014 06 Aug 2014 Others (warrant) 1 : 4 View

Multi year loss making company

Check P/L, Capital Changes
https://www.klsescreener.com/v2/stocks/view/0074/green-ocean-corporation-berhad

NOSH = 211,159,233
WB = 62,142,978

=================
After share consolidation of 10 to 1, NOSH is at a low level
What would directors do next?
Likely to raise more fund via share issuance to PP, ESOS, RI, asset axquisition ???

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

Stock

2024-07-09 10:27 | Report Abuse

=============
NOSH = 11,992,135,230
WC = 1,722,822,600
WD = 365,471,359

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

=================
Much efforts needed to push a giant elephant upward

Stock

2024-07-09 09:32 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
TWL HOLDINGS BERHAD

Particulars of substantial Securities Holder
Name DATO' TAN WEI LIAN
1 02 Jul 2024 15,000 Acquired Indirect Interest
Name of registered holder Datin Sek Chian Nee

2 02 Jul 2024 36,552,100 Acquired Indirect Interest
Name of registered holder TWL Capital Berhad

1. Acquisition of Ordinary Shares through Open Market by his spouse, Datin Sek Chian Nee.
2. Acquisition of Ordinary Shares via Direct Business Transaction by TWL Capital Berhad.

Direct (units) 562,155,116
Direct (%) 9.775
Indirect/deemed interest (units) 733,765,788
Indirect/deemed interest (%) 12.759
Total no of securities after change 1,295,920,904
Date of notice 04 Jul 2024
Date notice received by Listed Issuer 04 Jul 2024

https://www.klsescreener.com/v2/announcements/view/7265879

==================
Major shareholder and company linked to directors churning up transaction volume to attract newbies, punter, etc to come in ?

===============
NOSH = 5,750,697,867
LA = 1,331,149,491
WD = 797,169,709
WE = 226,041,402

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

https://www.klsescreener.com/v2/stocks/view/7079/twl-holdings-berhad


Stock

2024-07-09 09:05 | Report Abuse

FOR NEWBIES

(I) PROPOSED BONUS ISSUE OF WARRANTS E;
(II) PROPOSED PART SETTLEMENT OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES;
(III) PROPOSED DEBT SETTLEMENT; AND
(IV) PROPOSED DIVERSIFICATION.

(i) proposed bonus issue of up to 433,497,316 free warrants in Nexgram (“Warrant(s) E”) on the basis of 4 free Warrants E for every 9 existing ordinary shares in Nexgram (“Nexgram Share(s)” or “Share(s)”) held by the shareholders whose name appear in the Record of Depositors of the Company on an entitlement date to be determined later (“Entitlement Date”) (“Entitled Shareholder(s)”) (“Proposed Bonus Issue of Warrants E”);

(ii) proposed part settlement of redeemable convertible preference shares (“RCPS”) in Medic Asset Group Sdn Bhd, a wholly-owned subsidiary of Nexgram (“MAGSB”), via the issuance of 555,120,000 new Shares (“RCPS Settlement Share(s)”) to Wings By Croske Resort Langkawi Sdn Bhd (“Wings”) at an issue price of RM0.025 per RCPS Settlement Share together with 246,720,000 free Warrants E on the basis of 4 free Warrants E for every 9 RCPS Settlement Shares for the redemption of 154,200 units of RCPS for a total consideration value of RM13,878,000 (“Proposed Part Settlement of RCPS”);

(iii) proposed settlement of debts owing to Weststar Invest Holdings Ltd (“Weststar”) and RFC Holdings Sdn Bhd (“RFC”) (collectively referred to as the “Creditors”) in aggregate sum of RM11,614,804.19 (“Settlement Sum”) to be fully satisfied via the issuance of 464,592,120 new Shares (“Debt Settlement Share(s)”) at an issue price of RM0.025 per Debt Settlement Share together with 206,485,386 free Warrants E on the basis of 4 free Warrants E for every 9 Debt Settlement Shares (“Proposed Debt Settlement”); and

(iv) proposed diversification of the existing business of Nexgram and its subsidiaries (“Nexgram Group” or “Group”) to include the provision of hotel service management (“Hotel Service Management Business”) (“Proposed Diversification”).

Please refer to the attachment for further details.

This announcement is dated 3 July 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3461758

==================
Be informed of another massive corporate exercise that is unlikely to benefit ordinary share holders
More new shares will be issued and created from conversion of warrants, RCPS resulting in massive increase to current NOSH of 888,814,808 shares
More dilution to shareholder equity % and EOS

==================
Multi year loss making company
https://www.klsescreener.com/v2/stocks/view/0096/nexgram-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


Stock

2024-07-05 21:32 | Report Abuse

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

Particulars of substantial Securities Holder
Name MORGAN STANLEY
Address 1585 Broadway, New York, NY 10036
New York
10036 New York
United States.
Company No. NIL
Nationality/Country of incorporation United States
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 03 Jul 2024
1,245,000
Disposed Direct Interest

Stock

2024-07-05 12:25 | Report Abuse

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")

Please refer attachment below.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3461334

==============
After recent share consolidation of 20 to 1 in April 2024,
Directors going for easy fund raising via shares issuance to RI

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 ?

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

Check P/L and Capital Changes

Announced EX Date Subject Ratio Offer
18 Jun 2024 01 Jul 2024 Rights Issue (warrant) 3.0000 : 1.000 0.1600 View
19 Mar 2024 02 Apr 2024 Share Consolidation 1.0000 : 20.0000 View
30 Oct 2020 12 Nov 2020 Rights Issue (warrant) 6.0000 : 1.000 0.0900 View
20 Oct 2020 03 Nov 2020 Share Consolidation 1.0000 : 10.0000 View

Multi year annual losses since 2017 !!!

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


Stock

2024-07-05 10:33 | Report Abuse

FOR NEWBIES

I. PROPOSED BONUS ISSUE OF WARRANTS;
II. PROPOSED TERMINATION OF EXISTING ESOS; AND
III. PROPOSED NEW ESOS

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of Bornoil ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake the following:-

i. a bonus issue of up to 3,520,107,297 free warrants in Bornoil ("Warrant(s) E") on the basis of 1 Warrant E for every 4 existing ordinary shares in Bornoil ("Bornoil Share(s)" or "Share(s)") held by the entitled shareholders whose names appear in the Company's Record of Depositors on an entitlement date to be determined and announced later ("Entitlement Date") ("Entitled Shareholders") ("Proposed Bonus Issue of Warrants");

ii. termination of the existing employees' share option scheme ("ESOS") ("Existing ESOS") ("Proposed Termination of Existing ESOS"); and

iii. an establishment of a new ESOS of up to 15% of the total number of issued shares in Bornoil (excluding treasury shares, if any) at any point in time over the duration of the ESOS for eligible persons ("New ESOS") ("Proposed New ESOS").

Further details of the Proposals are set out in the attachment enclosed.

This announcement is dated 3 July 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3461634


https://www.klsescreener.com/v2/stocks/view/7036/borneo-oil-berhad
===========
More than 3.5 billion warrant to be added to market !!!
Directors have ran out of idea on fund raising and attracting people to this conter.

Be careful and take care of your hard earned money

Stock

2024-07-04 10:35 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
26 Apr 2023 18 May 2023 Rights Issue (warrant) 10.0000 : 10.0000 0.0200
20 Aug 2021 08 Sep 2021 Rights Issue (warrant) 3.0000 : 4.0000 0.0400
21 May 2018 01 Jun 2018 Share Consolidation 4 : 1 View
31 Dec 2015 13 Jan 2016 Rights Issue (warrant) 2 : 1 0.0800 View
18 Nov 2013 28 Nov 2013 Rights Issue (warrant) 1 : 1 View
05 Jul 2010 15 Jul 2010 Rights Issue (warrant) 3 : 1 View

https://www.klsescreener.com/v2/stocks/view/7079/twl-holdings-berhad

Check P/L, Capital Changes in above link

===============
NOSH = 5,750,697,867
LA = 1,331,149,491
WD = 797,169,709
WE = 226,041,402

================
Massive fund raising by directors via shares issuance to PP, ESOS, RI, LA conversion, etc resulting in huge NOSH exceeding 5 BILLION shares

Massive dilution to shareholder equity % and EPS due to massive share issuance

If all LA, WD and WE are converted to shares, NOSH will exceed 8 BILLION shares !!!

Be careful not to be caught with valueless warrants upon expiry date.

Stock

2024-07-03 08:32 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
07 Jan 2021 20 Jan 2021 Rights Issue (warrant) 12.0000 : 2.00 0.1100
09 Dec 2020 22 Dec 2020 Share Consolidation 1.0000 : 25.0000
30 Oct 2017 09 Nov 2017 Bonus Issue 1 : 6 View
11 Aug 2017 23 Aug 2017 Bonus Issue (warrant) 1 : 2 View
11 Sep 2009 28 Sep 2009 Bonus Issue 2 : 1 View
20 Jul 2007 02 Aug 2007 Bonus Issue 1 : 1 View

https://www.klsescreener.com/v2/stocks/view/0118/trive-property-group-berhad

Multi year annual losses from 2018 onward

See P/L and Capital Changes

=================
NOSH = 1,263,638,690

After share consolidation and fund raising RI in 2020, NOSH once again exceeded 1.2 BILLION shares !!!
resulting in massive dilution of shareholder equity % and EPS

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

Stock

2024-07-03 08:23 | Report Abuse

FOR NEWBIES

NOSH = 896,183,566

https://www.klsescreener.com/v2/stocks/view/0017/xox-technology-berhad

Multi year annual losses from 2013 to 2023

====================
NOSH approaching 1 BILLION shares due to directors fund raising via shares issuance to PP, ESOS, etc
causing dilution to shareholder equity % and EPS

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

Stock

2024-07-03 08:17 | Report Abuse

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - 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

Stock

2024-07-03 08:17 | Report Abuse

FOR NEWBIES

NOSH = 1,135,709,139

12 years of annual losses since 2014 !!!

https://www.klsescreener.com/v2/stocks/view/0140/xox-networks-berhad

See P/L and Capital Changes in above link

========================
Announced EX Date Subject Ratio Offer
22 Feb 2021 05 Mar 2021 Bonus Issue (warrant) 1.0000 : 2.0000
19 Feb 2021 04 Mar 2021 Subdivision 2.0000 : 1.0000 View
23 Jan 2017 06 Feb 2017 Share Consolidation 1 : 4 View
06 Jan 2011 18 Jan 2011 Rights Issue (warrant) 2 : 1 0.1200 View

======================
NOSH exceeded 1 BILLION shares due to directors raising fund via massive shares issuance to PP, ESOS, RI, etc
resulting in massive dilution of shareholders equity % and EPS

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

Stock

2024-07-02 11:01 | Report Abuse

FOR NEWBIES

More likely to drop below 0.10
if business continue to lose money for multi years
if directors continue with frequent fund raising via shares issuance to PP, ESOS, RI, etc
to dilute your shareholding equity % and EPS
......

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

Stock

2024-06-28 14:32 | Report Abuse

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - 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

Stock

2024-06-28 14:27 | Report Abuse

FOR NEWBIES

NOSH = 4,092,286,363

Multi year loss making company

========================
Announced EX Date Subject Ratio Offer
26 Dec 2023 17 Jan 2024 Rights Issue 2.0000 : 1.000 0.0050 View
29 Sep 2014 13 Oct 2014 Rights Issue (warrant) 1 : 1 View
11 May 2012 23 May 2012 Rights Issue (warrant) 3 : 2 View

https://www.klsescreener.com/v2/stocks/view/0109/sc-estate-builder-berhad

======================
NOSH exceeded 4 BILLION shares due to directors frequent fund raising via share issuance to PP, ESOS, RI, etc
causing massive dilution to shareholder equity % and EPS

======================
Expect directors to continue fund raising via share issuance

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

Stock

2024-06-28 14:15 | Report Abuse

FOR NEWBIES

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - 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

Stock

2024-06-28 14:13 | Report Abuse

FOR NEWBIES

NOSH = 390,216,722
WA = 195,108,290

Multi year loss making company from 2016 to present

===================
Announced EX Date Subject Ratio Offer
15 Nov 2023 28 Nov 2023 Rights Issue (warrant) 3.0000 : 1.0000 0.0800
03 Mar 2023 16 Mar 2023 Share Consolidation 1.0000 : 3.0000
29 Sep 2010 11 Oct 2010 Bonus Issue 1 : 3 View
24 Jul 2008 06 Aug 2008 Bonus Issue 1 : 5 View

https://www.klsescreener.com/v2/stocks/view/0122/advance-information-marketing-berhad

Check Capital Changes, P/L

=================
Expect directors to raise more fund via shares issuance to PP, ESOS, RI, etc if company business continue to incur losses

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

Stock

2024-06-28 10:58 | Report Abuse

FOR NEWBIES

SHARE CONSOLIDATION OF 30 SHARES INTO 1 CONSOLIDATED SHARES coming very soon !!!

https://www.klsescreener.com/v2/announcements/view/7194263

NOSH = 5,190,892,950
PA = 77,971,406

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


Stock

2024-06-28 10:38 | Report Abuse

FOR NEWBIES

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - 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

Stock

2024-06-28 09:51 | Report Abuse

FOR NEWBIES

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

Particulars of Director
Name DATUK JOSEPH LEE YOK MIN @ AMBROSE

1 27/06/2024 313,259,300 Disposed Direct Interest
Name of registered holder DATUK JOSEPH LEE YOK MIN @ AMBROSE

2 27/06/2024 16,927,500 Acquired Indirect Interest
Name of registered holder DATUK JOSEPH LEE YOK MIN @ AMBROSE

Total no of securities after change
Direct (units) 342,082,100
Direct (%) 2.853
Indirect/deemed interest (units) 1,323,465,310
Indirect/deemed interest (%) 11.036
Date of notice 27/06/2024

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459910

================
Take note of transactions done by director
Huge disposal to continue ???

=============
NOSH = 11,992,135,230
WC = 1,722,822,600
WD = 365,471,359

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

Stock

2024-06-28 09:44 | Report Abuse

FOR NEWBIES

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

Multi year loss making company from 2018 - present

Loss making company giving bonus warrants to reward cronies, major shareholders, retail shareholders, .... ???

Don't be caught with warrants at high prices
Warrant D like previous ones will likely end up valueless on expiry date when share price drop to below exercise price of 0.10

=================
On behalf of the Board, TA Securities wishes to announce that the Company has resolved to fix the exercise price of the Warrants D at RM0.10 per Warrant D.

The exercise price of the Warrants D represents a discount of approximately 18.96% to the TEAP of NetX Shares of RM0.1234, calculated based on the 5-day VWAP of NetX Shares up to and including 26 June 2024 (being the last trading day before the date of this announcement) of RM0.1351.

This announcement is dated 27 June 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459826

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

Stock

2024-06-27 18:45 | Report Abuse

FOR NEWBIES

BONUS ISSUE OF UP TO 468,976,320 WARRANTS IN NETX HOLDINGS BERHAD ("NETX" OR THE "COMPANY") ("WARRANTS D") ON THE BASIS OF 1 WARRANT D FOR EVERY 2 EXISTING ORDINARY SHARES IN NETX HELD AT 5.00PM ON 15 JULY 2024 ("BONUS ISSUE OF WARRANTS")
Shareholder's Approval No
Ex-Date 12 Jul 2024

=========
Take note of ex date if you are holding shares.

Loss making company giving bonus warrant!!!

Massive quantity of shares will be issued on warrant conversion, causing dilution to shareholding equity % and EPS.

NOSH certainly will surpass 1 Billion shares in near future with directors raising more fund via shares issuance to PP ESOS RI, warrant conversion

Stock

2024-06-27 10:13 | Report Abuse

FOR NEWBIES

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - 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

Stock

2024-06-27 10:13 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
18 Oct 2018 30 Oct 2018 Rights Issue (warrant) 1 : 5 0.4000 View
18 Aug 2009 28 Aug 2009 Rights Issue (warrant) 1 : 2 0.5000 View
02 Jul 2007 13 Jul 2007 Others 2 : 1 View
02 Jul 2007 13 Jul 2007 Bonus Issue 1 : 2 View

https://www.klsescreener.com/v2/stocks/view/0082/green-packet-berhad

Check P/L, Capital Changes

Multi year loss making company since 2017 !!!

==============
NOSH = 2,002,629,194

NOSH exceeded 2 BILLION shares due to directors frequent fund raising via share issuance to PP, ESOS, RI, etc
causing massive dilution to shareholder equity % and EPS

=========================
Another massive fund raising via massive shares issuance to PP on the way !!!

PROPOSED PRIVATE PLACEMENT OF 598,476,400 NEW ORDINARY SHARES IN GPB ("GPB SHARES" OR "SHARES") ("PLACEMENT SHARES") REPRESENTING APPROXIMATELY 30% OF THE TOTAL NUMBER OF ISSUED SHARES IN GPB (EXCLUDING TREASURY SHARES) ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board, Mercury Securities wishes to announce that the additional listing application in relation to the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad on 8 May 2024.

This announcement is dated 8 May 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3445799

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

Stock

2024-06-27 09:35 | Report Abuse

FOR NEWBIES


FUND RAISING

Description G3 GLOBAL BERHAD ("G3 GLOBAL" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 10.00% OF THE TOTAL ISSUED ORDINARY SHARES IN G3 GLOBAL ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of G3 Global (“Board”), M & A Securities Sdn Bhd (“M & A Securities”) wishes to announce that G3 Global proposes to undertake a private placement exercise of up to 377,357,000 new ordinary shares in G3 Global (“G3 Global Share(s)” or “Share(s)”), representing not more than 10.00% of the total number of issued ordinary shares in G3 Global, to independent third-party investor(s) to be identified and at an issue price to be determined at a later date (“Proposed Private Placement”).

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

===================
Directors planning another massive fund raising via shares issuance to PP !!!

Current NOSH = 3,773,579,548 will surpass 4 BILLION shares upon completion of this PP

https://www.klsescreener.com/v2/stocks/view/7184/g3-global-berhad

Check P/L, Capital Changes

==================
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,

Stock

2024-06-27 09:19 | Report Abuse

FOR NEWBIES

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - 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

Stock

2024-06-27 09:11 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
16 Oct 2020 02 Nov 2020 Share Consolidation 1.0000 : 10.0000 View
16 Jul 2018 26 Jul 2018 Rights Issue (warrant) 2 : 3 0.0250 View
23 Aug 2016 05 Sep 2016 Bonus Issue 1 : 4 View
21 Oct 2015 02 Nov 2015 Bonus Issue 1 : 3 View
01 Jun 2015 11 Jun 2015 Rights Issue (warrant) 2 : 7 View
07 Jan 2015 20 Jan 2015 Others (warrant) 1 : 5 View
16 Aug 2013 28 Aug 2013 Others (warrant) 1 : 2 View
13 Sep 2012 26 Sep 2012 Bonus Issue 3 : 2 View
13 Sep 2012 26 Sep 2012 Others 1 : 10 View

https://www.klsescreener.com/v2/stocks/view/0069/vinvest-capital-holdings-berhad

Look at P/L, Capital Changes

==================
Directors did too much fund raising and ended up with share consolidation in 2020 when NOSH hit multi BILLION shares

==================
Current NOSH = 969,100,408 will surpass BILLION shares again with directors continue doing fund raising via share issuance to PP, ESOS, RI, etc

Multi year loss making company

==============
Expect directors to do more fund raising via shares issuance to PP, ESOS, RI, etc

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

Stock

2024-06-26 21:28 | Report Abuse

MZM, kanger directors repeating modus operandi.
Fund raising via shares issuance to PP ESOS RI, asset acquisition etc
Make business losses to let company fund flow out to someone
When NOSH becomes too high to manage, directors will do shares consolidation and rights issue with free warrant

Stock

2024-06-26 16:41 | Report Abuse

FOR NEWBIES

NOSH = 1,952,132,014
PA = 754,331,526
WA = 103,712,699

Multi year loss making company

Announced EX Date Subject Ratio Offer
21 Oct 2021 03 Nov 2021 Rights Issue 1.0000 : 1.0000 0.0700 View
19 Jun 2020 13 Jul 2020 Rights Issue (warrant) 10.0000 : 2.00 0.0500 View

https://www.klsescreener.com/v2/stocks/view/7080/permaju-industries-bhd

==================
NOSH approaching 2 BILLION shares due to directors frequent fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
causing massive dilution to shareholder equity % and EPS

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

==================
Directors might continue to raise more fund via share issuance when company fund runs low due to losses in business operations, etc

Stock

2024-06-26 16:27 | Report Abuse

MZM how's your investment in kanger, nexgram, fast, etc

Stock

2024-06-26 16:18 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
07 Feb 2023 20 Feb 2023 Share Consolidation 1.0000 : 4.0000 View
07 Aug 2014 21 Aug 2014 Bonus Issue (warrant) 1 : 10 View
30 Mar 2012 18 Apr 2012 Others (warrant) 1 : 4 View
11 Oct 2011 24 Oct 2011 Offer for Sale (warrant) 1 : 10 View

Multi year loss making company

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

===================
NOSH = 228,434,743
WC = 12,105,271

==================
Company had share consolidation due to directors frequent fund raising via share issuance to PP, ESOS, RI

Expect directors to continue fund raising via share issuance causing increase in NOSH and dilution of shareholder equity % and EPS

==================
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3453381

PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT

Description MERIDIAN BERHAD (MERIDIAN OR THE COMPANY) - ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Take note of the status update

Stock

2024-06-26 15:58 | Report Abuse

FOR NEWBIES

NOSH = 1,256,486,718
WB = 35,125,056
WC = 307,190,331

Multi year loss making company from 2017 to 2023

Announced EX Date Subject Ratio Offer
30 Nov 2022 14 Dec 2022 Rights Issue (warrant) 6.0000 : 1.0000 0.0800 View
12 Sep 2014 25 Sep 2014 Rights Issue (warrant) 2 : 1 0.2000 View
16 Nov 2009 26 Nov 2009 Rights Issue (warrant) 1 : 3 1.0000 View

https://www.klsescreener.com/v2/stocks/view/7188/btm-resources-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

Stock

2024-06-26 15:45 | Report Abuse

FOR NEWBIES

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

NOSH exceeded 5.5 BILLION shares due to directors frequent fund raising via share issuance to PP, ESOS, RI, etc
causing massive dilution to shareholder equity % and EPS

Multi year loss making company to 2016 to present
https://www.klsescreener.com/v2/stocks/view/5037/compugates-holdings-berhad


Stock

2024-06-26 15:41 | Report Abuse

FOR NEWBIES

NOSH = 3,773,579,548 !!!

Multi year loss making company from 2014 to 2022 !!!

https://www.klsescreener.com/v2/stocks/view/7184/g3-global-berhad

NOSH exceeded 3.5 BILLION shares due o directors frequent fund raising via shares issuance to PP, ESOS, RI, etc
Causing massive dilution to shareholders equity and EPS

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

Stock

2024-06-26 15:37 | Report Abuse

FOR NEWBIES

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - 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

Stock

2024-06-26 15:33 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
28 Jul 2021 11 Aug 2021 Rights Issue (warrant) 5.0000 : 1.0000 0.1000 View
09 Jul 2021 23 Jul 2021 Share Consolidation 1.0000 : 25.0000 View
10 Apr 2019 22 Apr 2019 Bonus Issue (warrant) 1 : 2 View
12 Feb 2018 01 Mar 2018 Subdivision 10 : 25 View
09 Dec 2015 21 Dec 2015 Rights Issue (warrant) 4 : 2 0.1000 View

https://www.klsescreener.com/v2/stocks/view/0018/lambo-group-berhad

Multi year loss making company

====================
After the last share consolidation, NOSH = 1,540,499,046
exceeding 1.5 BILLION shares again
due to directors frequent fund raising via share issuance to PP, ESOS, RI, etc
diluting shareholders equity % and EPS

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

===================
Directors might continue to raise fund via shares issuance to PP, ESOS, RI, etc

===========
PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3453438

Stock

2024-06-26 11:21 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
20 Feb 2020 05 Mar 2020 Share Consolidation 1.0000 : 5.0000 View
04 Jan 2016 15 Jan 2016 Rights Issue (warrant) 28 : 20 0.0500 View
06 Nov 2014 23 Dec 2014 Others (warrant) 1 : 7 View
06 Nov 2014 23 Dec 2014 Bonus Issue 1 : 7 View

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

6 Multi year loss making company

After share consolidation, NOSH rose again to exceed 2 BILLION shares due to directors frequent fund raising via shares issuance to PP, ESOS, RI, etc

NOSH = 2,467,787,479
WA = 26,552,111

================
Directors might continue to raise more fund via shares issuance to PP, ESOS, RI resulting in massive dilution of shareholder equity % and EPS


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

Stock

2024-06-26 11:13 | Report Abuse

FOR NEWBIES

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - 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

Stock

2024-06-26 11:11 | Report Abuse

FOR NEWBIES

NOSH = 11,992,135,230
WC = 1,722,822,600
WD = 365,471,359

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

Announced EX Date Subject Ratio Offer
12 May 2017 24 May 2017 Bonus Issue 4 : 8 View
12 May 2017 24 May 2017 Bonus Issue (warrant) 1 : 8 View
01 Oct 2015 13 Oct 2015 Rights Issue (warrant) 6 : 1 0.1000 View
15 Jan 2008 28 Jan 2008 Rights Issue (warrant) 1 : 3 0.0500 View
23 Sep 2002 08 Oct 2002 Rights Issue (warrant) 3 : 2 1.0000 View

======================
NOSH exceeded 11 BILLION shares due to directors frequent fund raising via share issuance to PP, ESOS, RI, etc

Shareholder equity % and EPS immensely diluted

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

Stock

2024-06-26 11:04 | Report Abuse

FOR NEWBIES

NOSH = 3,435,313,918
WB = 1,365,361,934

====================
NOSH exceeded 3 BILLION shares due to directors frequent fund raising via shares issuance to PP, ESOS, PA conversion, etc

Money raised from fund raising flowed out to business operations
Multi year loss making company

Check P/L, Capital Changes here
https://www.klsescreener.com/v2/stocks/view/7097/ta-win-holdings-berhad

Announced EX Date Subject Ratio Offer
30 Jul 2021 13 Aug 2021 Bonus Issue (warrant) 2.0000 : 5.0000 View
21 Apr 2021 05 May 2021 Rights Issue 3.0000 : 1.0000 View
28 Jun 2019 11 Jul 2019 Rights Issue (warrant) 3 : 1 View
01 Apr 2004 19 Apr 2004 Bonus Issue 2 : 5 View

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

==============
Expect directors to do more fund raising via shares issuance to PP, ESOS, etc
Don't be caught with valueless warrant on expiry date.

Stock

2024-06-26 09:32 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)
TECHNA-X BERHAD

Particulars of Director
Name DATUK LIM CHIH LI @ LIN ZHILI

Nature of Interest
1 21/06/2024 10,000,000 Disposed Indirect Interest
Name of registered holder TAP Partners Sdn. Bhd.
Consideration (if any) RM3,850,000.00
2 24/06/2024 5,000,000 Disposed Indirect Interest
Name of registered holder TAP Partners Sdn. Bhd.
Consideration (if any) RM1,925,000.00

Total no of securities after change
Direct (units) 117,500
Direct (%) 0.050
Indirect/deemed interest (units) 22,205,882
Indirect/deemed interest (%) 9.444
Date of notice 25/06/2024

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3458983

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

Stock

2024-06-26 09:19 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
07 Oct 2020 20 Oct 2020 Rights Issue (warrant) 1.0000 : 1.000 0.0500 View
29 Aug 2017 12 Sep 2017 Share Consolidation 4 : 1 View
15 Mar 2017 27 Mar 2017 Rights Issue (warrant) 1 : 1 0.0500 View
27 May 2013 06 Jun 2013 Rights Issue (warrant) 4 : 2 View

https://www.klsescreener.com/v2/stocks/view/0036/key-alliance-group-berhad

Check P/L, Capital Changes in above link

Multi year loss making company

======================
Another share consolidation coming soon !!!


I. PROPOSED SHARE CONSOLIDATION;
II. PROPOSED RIGHTS ISSUE; AND
III. PROPOSED SIS

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

(i) proposed consolidation of every 30 existing ordinary shares in KAG (“KAG Share(s)” or “Share(s)”) into 1 Share (“Consolidated Share(s)”) (“Proposed Share Consolidation”);

(ii) proposed renounceable rights issue of up to 466,027,527 KAG Shares (“Rights Shares”) on the basis of 3 Rights Shares for every 1 Consolidated Share held on an entitlement date to be determined later (“Rights Issue Entitlement Date”), together with up to 233,013,763 free detachable warrants (“Warrant(s)” or “Warrant(s) D”) on the basis of 1 Warrant for every 2 Rights Shares subscribed for at an issue price to be determined and announced by the Board at a later date (“Proposed Rights Issue”); and

(iii) proposed establishment of a share issuance scheme of up to 30% of the total number of issued Shares (excluding treasury shares, if any) at any point in time during the duration of the scheme for eligible employees, executive directors and non-executive directors of the Company and its non-dormant subsidiaries (“Proposed SIS” or “Scheme”).

This announcement is dated 19 October 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3393695

===============
Take note of on going share consolidation and fund raising exercise
30 shares will be reduced to 1 share !!!

Stock

2024-06-26 09:09 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
18 Sep 2020 01 Oct 2020 Rights Issue (warrant) 6.0000 : 2.000 0.1300 View
09 Sep 2020 23 Sep 2020 Share Consolidation 1.0000 : 25.0000 View
04 May 2016 16 May 2016 Rights Issue (warrant) 1 : 1 0.0500 View

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

Check P/L, Capital Changes in above link

=====================
After share consolidation in 2020,
NOSH = 937,952,641 approaching BILLION shares again

Directors will continue fund raising via massive shares issuance to PP, ESOS, RI, etc to dilute shareholder equity % and EPS

8 Multi year loss making company

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






Stock

2024-06-26 08:25 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
21 Jan 2022 08 Feb 2022 Share Consolidation 1.0000 : 10.0000 View
16 Aug 2021 27 Aug 2021 Rights Issue (warrant) 1.0000 : 1.0000 0.0600 View
27 Mar 2015 08 Apr 2015 Others (warrant) 1 : 2 View
26 Aug 2014 09 Sep 2014 Bonus Issue 1 : 5 View

https://www.klsescreener.com/v2/stocks/view/0170/kanger-international-berhad

==================
NOSH = 731,581,371
WB = 169,951,156

After rights issue and share consolidation in 2022, NOSH will once again hit 1 BILLION soon
Directors is back to fund raising via massive shares issuance to PP, ESOS, RI, etc causing dilution to retailers shareholding equity % and EPS

==================
KANGER INTERNATIONAL BERHAD ("KANGER" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF KANGER ("PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce that the Board had on 25 June 2024 resolved to fix the issue price for the Private Placement at RM0.0535 per Placement Share.

This announcement is dated 25 June 2024.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3458823

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

Stock

2024-06-25 22:05 | Report Abuse

FOR NEWBIES

Directors restarting massive fund raising via massive shares issuance.

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

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

===========
Expect more fund raising via massive shares issuance to increase the NOSH to Billion shares again. After that, directors might repeat share consolidation again.

Stock

2024-06-25 10:17 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
20 Feb 2024 06 Mar 2024 Rights Issue (warrant) 4.0000 : 1.000 0.1000 View
09 May 2023 22 May 2023 Share Consolidation 1.0000 : 30.0000 View
01 Jun 2020 15 Jun 2020 Rights Issue (warrant) 3.0000 : 1.000 0.0300 View
18 Oct 2012 01 Nov 2012 Rights Issue (warrant) 3 : 2 View

https://www.klsescreener.com/v2/stocks/view/0066/vsolar-group-berhad

Check P/L, Capital Changes in above link

18 Multi year loss making company since 2006

================
Directors only capable in fund raising via massive shares issuance to PP, ESOS, RI, etc
Massive shares issuance resulting in NOSH exceeding multi BILLION shares
Share consolidation of 30:1 caused retail investors who bought at high prices to incur huge losses when their shareholding are reduced by 30 times !!!

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