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2021-12-17 17:45 | Report Abuse
SAUDEE GROUP BERHAD ("SAUDEE" OR "THE COMPANY") - PROPOSED ACQUISTION OF PROPERTY BY PERUSAHAAN SAUDEE SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY
Saudee Group Berhad (“SAUDEE” or the “Company”) is pleased to announce that its wholly owned subsidiary, Perusahaan Saudee Sdn. Bhd. has on 17 December 2021 entered into a Sale and Purchase Agreement (“Agreement”) with Stocks N Options Sdn. Bhd. [Company No. 200301024491 (626911-H)] for purchase of one unit of four and a half storey shoplot as further defined in Section 4 of this announcement, for a total purchase consideration of Ringgit Malaysia Seven Million and Three Hundred Thousand (RM7,300,000.00) only, upon the terms and conditions as stipulated in the Agreement (“Proposed Acquisition of Property”).
Please refer to the attached for further details.
This announcement is dated 17 December 2021.
Please refer attachment below.
https://www.klsescreener.com/v2/announcements/view/3476231
======================
RATIONALE FOR THE PROPOSED ACQUISITION OF PROPERTY
The Company intends to venture downstream into the food and beverage sector. In this
connection, the Company intends to use the Property as a Saudee concept store to create
brand awareness and reinforce the brand positioning of its products through marketing and
advertisement.
With the concept store, the Company will have an outlet to introduce and promote new products of the Saudee Group as well as for marketing activities as to increase its sales revenue through retail sales from the outlet.
==================
BASIS AND JUSTIFICATION IN ARRIVING AT THE PURCHASE PRICE
The Purchase Price is based on the arm-length transaction with a series of negotiation with
the Vendor. The price is at willing buyer and willing seller based on the average advertised
market value of properties nearby the Property. The average advertised market price of
property in the surrounding area is about RM1,480 per square feet compared to the Property
purchased by the Company which is valued at RM1,235 per square feet.
====================
Directors utilise the company fund to purchase a one unit of four and a half storey shoplot.
Why not rent first ?
Company cash rich, so just spend and buy.
======================
When company fund runs low, expect directors to raise more fund by share issuance and cause more dilution to shareholders equity and EPS
=====================
So much for the volume of transactions of last few day ?
TAYOR
2021-12-17 16:20 | Report Abuse
NEWBIES be advised to stay out of low price cheap penny stocks with total issued shares exceeding 1 BILLION shares.
Directors have the power to decide on shares consolidation to reduce shareholders holding by at least 10 times based on what had happened to other stocks like pasukgb, lambo, mtouche, pdz, sanichi, trive, and many others.
Kanger and Mtronic recently proposed shares consolidation. Which low price cheap penny stock next to join the growing list?
TAYOR
2021-12-17 15:58 | Report Abuse
Volume generation by operator to attract newbies into the game?
Quarterly financial report due to be release this month.
Last 2 years of losses
https://www.klsescreener.com/v2/stocks/view/5157/saudee-group-berhad
Be careful of one day show
Trade wisely, set realistic target
2021-12-17 15:30 | Report Abuse
So much promotion !!!
Investors only interested in financial results and how the directors work for the benefits of the company and shareholders instead of certain parties.
So many penny stocks undergone shares consolidation 10:1 and followed by rights issue with free warrant at 10sen or higher, now trading below RI price after less than 6 months.
Look at pasukgb, pdz, lambo, sanichi, mtouche, trive, many others
Kanger directors a little bit smart to do rights issue with free warrant then followed by shares consolidation.
Need to see for few months after completion of shares consolidation, whether the consolidated price will rise or fall.
Just hope the outcome is not same as the above list of stocks
Good luck all.
2021-12-17 12:42 | Report Abuse
Those stuck at high price could consider average by bargain hunting on warrant.
Warrant tenure 5years
Exercise price 15
Good luck all
2021-12-16 20:30 | Report Abuse
PRIVATE PLACEMENT OF UP TO 143,217,500 NEW ORDINARY SHARES IN SAUDEE, REPRESENTING UP TO APPROXIMATELY 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")
On behalf of the Board, Mercury Securities wishes to announce that the Private Placement has been completed following the listing and quotation of 74,217,500 Placement Shares, being the second and last tranche of the Private Placement, on the Main Market of Bursa Securities on 16 December 2021. The Company wishes to inform that a total of 143,217,500 Placement Shares have been issued under the Private Placement.
This announcement is dated 16 December 2021
=====
PP completed
Time to see how the directors utilize the fund to benefit the company and shareholders.
Time for directors to focus on business profit generation instead easy fund raising via shares issuance.
======
TAYOR
2021-12-16 20:23 | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
BSL CORPORATION BERHAD
Particulars of substantial Securities Holder
Name CITA REALITI SDN. BHD.
1 07 Dec 2021 1,413,800 Disposed Direct Interest
2 08 Dec 2021 272,100 Disposed Direct Interest
3 10 Dec 2021 300,000 Acquired Direct Interest
Direct (units) 18,358,300
Direct (%) 9.401
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 18,358,300
Date of notice 16 Dec 2021
Date notice received by Listed Issuer 16 Dec 2021
2021-12-16 15:27 | Report Abuse
FUND RAISING VIA SHARE ISSUANCE TO PP INVESTOR
For clarification purposes, the Company had, on 8 April 2021 announced a private placement
of up to 491,390,700 PWI Shares ("Placement Shares I") to third party investors under the
General Mandate, representing up to 10.91% of the 4,504,414,724 PWI Shares (excluding
treasury shares, if any) in issue as at 7 April 2021 ("Initial LPD") ("Private Placement I"). The
Private Placement I was completed on 9 June 2021 with the listing of 491,390,000 new PWI
Shares on the Main Market of Bursa Securities ("Placement Shares I").
On 7 September 2021, the Company had completed a consolidation of every 10 existing PWI
Shares into 1 PWI Share, following the listing and quotation of 499,580,386 Consolidated
Shares on the Main Market of Bursa Securities ("Share Consolidation").
In view of the above, the placement size of the current Proposed Private Placement (which is
also undertaken in accordance with the General Mandate) shall be based on the issued share
capital of PWI as at the Initial LPD adjusted for Share Consolidation (i.e. 450,441,472 PWI
Shares).
Accordingly, a total of up to 40,949,294 Placement Shares may be issued pursuant to the
current Proposed Private Placement, after deducting the 49,139,000 Placement Shares I
adjusted for Share Consolidation.
===================
Recently completed shares consolidation :-
Announced EX Date Subject Ratio Offer
20 Aug 2021 03 Sep 2021 Share Consolidation 1.0000 : 10.0000
===================
Directors back to raising fund by issuing new shares to PP investors
Diluting shareholder equity and EPS is any
Current NOSH = 499,580,386 will continue to increase toward billion shares again.
=================
TAYOR
2021-12-16 15:10 | Report Abuse
Universe waiting to buy warrant at 1/2 sen. Can match now
But Universe aka investigator missing in action
2021-12-16 14:53 | Report Abuse
Beware of right hand left hand transactions to generate volume to attract newbies into the game.
Trade wisely, set realistic target
2021-12-16 12:47 | Report Abuse
SHARE ISSUANCE activities since completion of shares consolidation exercise in Nov 2020
1. Subscription of 169,936,172 new ordinary shares in Vivocom Intl Holdings Berhad ("Vivocom") ("Vivocom Share(s)"), representing approximately 30.0% of the total number of issued Vivocom Shares ("Subscription Share(s)") by Golden Key Portfolio Sdn Bhd at the subscription price of RM0.35 per Subscription Share
No. of shares issued under this corporate proposal 169,936,172
Issue price per share ($$) Malaysian Ringgit (MYR) 0.3500
Latest issued share capital after the above corporate proposal in the following Units 742,195,253
Listing Date 30 Mar 2021
-----------------------------------
2. Acquisition by Vivocom Intl Holdings Berhad ("Vivocom") of 113,535,000 ordinary shares in V Development Sdn Bhd ("V Development"), representing 45.0% equity interest in V Development, from Dato' Seri Chia Kok Teong for a total purchase consideration of RM171,000,000 to be satisfied via a combination of cash consideration, and issuance and allotment of 164,250,000 new ordinary shares in Vivocom ("Vivocom Share(s)") ("Consideration Share(s)") at an issue price of RM0.40 per Consideration Share, and issuance and allotment of up to 128,250,000 irredeemable convertible preference shares ("ICPS") ("Consideration ICPS") at an issue price of RM0.40 per Consideration ICPS
No. of shares issued under this corporate proposal 164,250,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.4000
Latest issued share capital after the above corporate proposal in the following Units 906,445,253
Listing Date 30 Mar 2021
-------------------------------------
3. VINVEST CAPITAL HOLDINGS BERHAD ("VINVEST" OR THE "COMPANY") SUBSCRIPTION
No. of shares issued under this corporate proposal 62,645,075
Issue price per share ($$) Malaysian Ringgit (MYR) 0.3705
Latest issued share capital after the above corporate proposal in the following Units 969,100,075
Listing Date 30 Nov 2021
===============================
Expect directors to issue more shares for ESOS, PP, asset acquisition, etc in near future
2021-12-16 12:35 | Report Abuse
Those with avg price 20 and above can take a break and come back after seeing 2 quarters of good profit performance.
Good luck to all.
2021-12-16 10:41 | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
BSL CORPORATION BERHAD
Particulars of substantial Securities Holder
Name CITA REALITI SDN. BHD.
1 25 Nov 2021 88,600 Acquired Direct Interest
2 26 Nov 2021 482,200 Disposed Direct Interest
3 29 Nov 2021 1,528,000 Disposed Direct Interest
1 30 Nov 2021 1,428,400 Acquired Direct Interest
2 01 Dec 2021 419,800 Acquired Direct Interest
3 06 Dec 2021 272,700 Acquired Direct Interest
Direct (units) 19,744,200
Direct (%) 10.179
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Total no of securities after change 19,744,200
Date of notice 15 Dec 2021
Date notice received by Listed Issuer 15 Dec 2021
2021-12-15 20:23 | Report Abuse
Should also find out why Mr Kuah of Kanger disposed some of his shareholding. He could have some insider news too.
And find out whether he subscribe for the RI and excess shares.
2021-12-15 20:15 | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
GREEN OCEAN CORPORATION BERHAD
Particulars of substantial Securities Holder
Name FOCUS DYNAMICS GROUP BERHAD
1 14 Dec 2021 4,146,100 Acquired Indirect Interest
Name of registered holder Focus Dynamics Centre Sdn. Bhd.
Acquisition of shares from open market.
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 628,000,000
Indirect/deemed interest (%) 29.741
Total no of securities after change 628,000,000
Date of notice 15 Dec 2021
Date notice received by Listed Issuer 15 Dec 2021
=======
Low price penny stock taiko FOCUS increase stake in GOCEAN
Current trend in bursa. Low cheap price penny stock investing / speculating in other low cheap price penny stocks.
=======
Expect directors to raise more funds via shares issuance when company fund runs low.
2021-12-15 20:15 | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
GREEN OCEAN CORPORATION BERHAD
Particulars of substantial Securities Holder
Name FOCUS DYNAMICS GROUP BERHAD
1 14 Dec 2021 4,146,100 Acquired Indirect Interest
Name of registered holder Focus Dynamics Centre Sdn. Bhd.
Acquisition of shares from open market.
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 628,000,000
Indirect/deemed interest (%) 29.741
Total no of securities after change 628,000,000
Date of notice 15 Dec 2021
Date notice received by Listed Issuer 15 Dec 2021
=======
Low price penny stock taiko FOCUS increase stake in GOCEAN
Current trend in bursa. Low cheap price penny stock investing / speculating in other low cheap price penny stocks.
=======
Expect directors to raise more funds via shares issuance when company fund runs low.
2021-12-15 18:09 | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
SAUDEE GROUP BERHAD
Particulars of substantial Securities Holder
Name FOCUS DYNAMICS GROUP BERHAD
1 13 Dec 2021 6,000,000 Acquired Indirect Interest
2 14 Dec 2021 8,000,000 Acquired Indirect Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units) 152,050,000
Indirect/deemed interest (%) 19.172
Total no of securities after change 152,050,000
Date of notice 15 Dec 2021
Date notice received by Listed Issuer 15 Dec 2021
=======
Low price penny stock taiko FOCUS increase stake in SAUDEE
Current trend in bursa. Low cheap price penny stock investing / speculating in other low cheap price penny stocks.
=======
Expect directors to raise more funds via shares issuance when company fund runs low.
TAYOR
2021-12-15 18:07 | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of substantial Securities Holder
Name FOCUS DYNAMICS GROUP BERHAD
1 13 Dec 2021 6,000,000 Acquired Indirect Interest
2 14 Dec 2021 8,000,000 Acquired Indirect Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units) 152,050,000
Indirect/deemed interest (%) 19.172
Total no of securities after change 152,050,000
Date of notice 15 Dec 2021
Date notice received by Listed Issuer 15 Dec 2021
=======
Low price penny stock taiko FOCUS increase stake in SAUDEE
Current trend in bursa. Low cheap price penny stock investing / speculating in other low cheap price penny stocks.
=======
TAYOR
2021-12-15 17:59 | Report Abuse
This Baik123 behave more like malaysia bomoh kelapa keep writing happy news day and night trying to convince innocent auntie uncle with his telescope.
2021-12-15 17:40 | Report Abuse
Changes in Director's Interest (Section 219 of CA 2016)
AE MULTI HOLDINGS BERHAD
Particulars of Director
Name MR YEE YIT YANG
1. 13/12/2021 14,506,000 Disposed
Consideration (if any) RM362,650.00
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 15/12/2021
Date notice received by Listed Issuer 15/12/202
======
What is the reason the director disposing all shares.
TAYOR
2021-12-15 17:23 | Report Abuse
PROPOSED PRIVATE PLACEMENT
Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Proposed Private Placement.
We refer to the earlier announcements dated 27 January 2021, 29 January 2021, 10 February 2021, 11 February 2021, 7 April 2021, 19 July 2021 and 28 July 2021 in relation to the Proposed Private Placement.
On behalf of the Board, UOBKH wishes to announce that the Board had on 15 December 2021 resolved to fix the issue price for the Proposed Private Placement at RM0.0135 per Placement Share.
The issue price of RM0.0135 per Placement Share represents a discount of 10.0% to the 5-day VWAP of KAG Shares up to and including 14 December 2021, being the last traded day of KAG Shares immediately preceding the price-fixing date, of RM0.0150 per KAG Share.
This announcement is dated 15 December 2021.
======
Directors happily continue with shares issuance to raise more fund
Dilution of existing shareholders equity and EPS
NOSH continue to rise
=====
TAYOR
2021-12-15 16:59 | Report Abuse
FUND RAISING VIA SHARE ISSUANCE TO PP INVESTOR
Subscription of up to 1,205,827,550 new ordinary shares in Borneo Oil Berhad by Macquarie Bank Limited
No. of shares issued under this corporate proposal 7,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0250
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 8,090,289,529
Issued Share Capital ($$) Malaysian Ringgit (MYR) 626,631,290.000
Listing Date 16 Dec 2021
=================
NOSH keep increasing
Existing shareholder equity & EPS keep diluting
2021-12-15 16:56 | Report Abuse
Kindly be advised that the abovementioned Company's additional 174,388,993 new ordinary shares issued pursuant to the aforesaid Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Friday, 17 December 2021.
We are also pleased to advise that FAST’s 87,194,496 Warrants issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of the Exchange and the listing and quotation of the Warrants on the ACE Market, will be granted with effect from 9.00 a.m., Friday, 17 December 2021.
================
Take note of listing date of rights shares and free warrants.
TAYOR
2021-12-15 16:45 | Report Abuse
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
LAMBO GROUP BERHAD
Particulars of Substantial Securities Holder
Name UBS GROUP AG
Name of registered holder CITIGROUP NOMINEES (ASING) SDN BHD
Date interest acquired 09 Dec 2021
No of securities 5,500,000
Total no of securities after change
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 72,064,804
Indirect/deemed interest (%) 5.255
Date of notice 13 Dec 2021
Date notice received by Listed Issuer 14 Dec 2021
2021-12-15 16:42 | Report Abuse
NON STOP FUND RAISING VIA SHARE ISSUANCE
Types of corporate proposal Private Placement
Details of corporate proposal Private Placement of up to 143,217,500 new ordinary shares in SAUDEE
No. of shares issued under this corporate proposal 74,217,500
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0528
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 867,572,319
Issued Share Capital ($$) Malaysian Ringgit (MYR) 155,120,970.720
Listing Date 16 Dec 2021
---------------------------------------------------------
Types of corporate proposal ESOS
Details of corporate proposal Exercise of ESOS
No. of shares issued under this corporate proposal 20,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0585
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 887,572,319
Issued Share Capital ($$) Malaysian Ringgit (MYR) 156,290,970.720
Listing Date 16 Dec 2021
==============================
Directors keep issuing new shares to ESOS and PP to raise more fund
Dilution to existing shareholders equity and EPS
NOSH increase toward billion shares soon
TAYOR
2021-12-15 12:42 | Report Abuse
PRIVATE PLACEMENT OF UP TO 106,718,000 NEW ORDINARY SHARES IN THE COMPANY
On behalf of the Board, Mercury Securities wishes to announce that the Board had on 13 December 2021 ("Price-fixing Date") fixed the issue price for the first tranche of placement for 25,000,000 Placement Shares at RM0.1850 per Placement Share ("Issue Price").
The Issue Price represents a discount of approximately 8.55% to the 5-day VWAP of the Shares up to and including 10 December 2021 of RM0.2023 per Share, being the last market day immediately preceding the Price-fixing Date.
This announcement is dated 13 December 2021.
==================
Directors continue fund raising by issuing new shares to PP investors
NOSH continue to rise resulting in dilution of existing shareholders equity and EPS
2021-12-15 12:39 | Report Abuse
PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN DTB ("DTB SHARES" OR "SHARES") ("PLACEMENT SHARES"), REPRESENTING NOT MORE THAN 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")
We refer to the announcements dated 28 September 2021, 30 September 2021, 4 October 2021, 12 October 2021, 15 October 2021, 12 November 2021, 22 November 2021, 25 November 2021, 29 November 2021, 8 December 2021 and 13 December 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that the Private Placement has been completed on 14 December 2021 following the listing of 22,625,400 Placement Shares (being fourth and final tranche of the Placement Shares) on the Main Market of Bursa Securities on 14 December 2021.
The Company wishes to inform that a total of 62,625,400 DTB Shares were issued under the Private Placement and the Company has raised a total gross proceeds of RM18,554,727.80 from the Private Placement.
This announcement is dated 14 December 2021.
==============
Directors successfully raise fund via share issuance to PP investors
Company has raised a total gross proceeds of RM18,554,727.80 from the Private Placement.
Existing shareholders can only see dilution in their shareholdings equity
Reduction in EPS
Increased in total issued shares
2021-12-15 12:35 | Report Abuse
PRIVATE PLACEMENT II
We refer to the announcements made on 20 May 2021, 21 May 2021, 24 June 2021, 29 June 2021, 30 June 2021 and 29 July 2021 in relation to the Private Placement II (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of Sersol, TA Securities wishes to announce that the Board had on 14 December 2021 (“Price-fixing Date”) fixed the issue price for the Placement Shares at RM0.324 each (“Issue Price”) in relation to the Private Placement II.
The Issue Price represents a discount of approximately 19.82% to the 5-day volume weighted average market price of Sersol Shares up to and including 13 December 2021 (being the last market day immediately preceding the Price-fixing Date) of RM0.4041 per Sersol Share.
This announcement is dated 14 December 2021.
====================
Take note of issue price for the Placement Shares at RM0.324 each
Lucky PP investors making profit
Existing shareholders can continue to hope for profit depending on company financial results quarter after quarter
=====================
TAYOR
2021-12-15 11:32 | Report Abuse
Expect directors to issue more MOU, Collaboration Agreement, press release, acquisition news, contracts award with other penny stock companies to attract more newbies to get into the game.
NEWBIES, trade wisely if you must. Set realistic profit target.
2021-12-15 10:38 | Report Abuse
Very active right hand left hand transactions to generate volume and interest to attract newbies ?
Non stop out and in at 4sen
TAYOR
2021-12-15 00:00 | Report Abuse
XOX BHD ("XOX" OR "THE COMPANY")
- EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE PRIVATE PLACEMENT EXERCISE
Reference is made to the earlier announcements in relation to the Private Placement dated 4 November 2020, 10 November 2020, 11 November 2020, 13 November 2020, 24 November 2020, 27 November 2020, 2 December 2020, 7 December 2020, 8 December 2020 and 9 December 2020.
The Board of Directors of XOX had on 14 December 2021 approved the extension of the timeframe for the full utilisation of the proceeds raised from the Private Placement.
Please refer to the attachment for the details of the announcement.
This announcement is dated 14 December 2021.
Please refer attachment below.
OTHERS | https://www.klsescreener.com/v2/announcements/view/3474363
========
Cash rich company fund waiting to be utilized.
Yet directors continue to raise more fund by issuing new shares to ESOS and private placement
TAYOR
2021-12-14 12:40 | Report Abuse
VSOLAR investing in PERMAJU
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
PERMAJU INDUSTRIES BERHAD
Particulars of Substantial Securities Holder
Name VSOLAR GROUP BERHAD
Name of registered holder CubeTech Asia Sdn. Bhd.
Date interest acquired 30 Nov 2021
No of securities 320,000,000
==============
Subscription of rights share at 7sen
Permaju price trading at 4.5sen
Paper losses will adversely affect the next quarterly result of VSOLAR if price doesn't recovers
Price of VSOLAR trading at 1 - 1.5sen.
Can VSOLAR directors continue to issue new shares to raise fund ?
Or with NOSH exceeding 4 billion, directors will propose shares consolidation?
Wait and see
==============
TAYOR
2021-12-14 12:10 | Report Abuse
MORE XOX counters in Bursa now.
Be alerted to the name change.
MACPIE change to XOX NETWORKS BERHAD
M3TECH change to XOX TECHNOLOGY BERHAD
Stock: [BORNOIL]: BORNEO OIL BHD
2021-12-17 22:35 | Report Abuse
Suspicious transaction price of 8.8 sen when market price is only 2.5
More like related party transaction to record a high transaction price for whatever reason.
Probably trying hard to attract people like MZM and newbies to get into the game.
If transaction is real, the seller is very lucky and can buy back from market and keep the difference as clean profit.