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2021-08-26 11:53 | Report Abuse
Lots of MOU this MOU that.
Signed months and years ago and still no positive progress and development ???
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PNE PCB BERHAD ("PNE" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN PNE AND JIANGYOU STARTEAM ELECTRONIC TECHNOLOGY CO., LTD. ("JYST")
Further to our announcements made by the Company on 22 February 2016, 30 August 2016, 30 November 2016, 31 May 2017, 29 August 2017, 27 November 2017, 13 February 2018, 25 May 2018, 27 August 2018, 21 November 2018, 27 February 2019, 28 May 2019, 29 August 2019, 25 November 2019, 26 February 2020, 29 June 2020, 26 August 2020, 25 November 2020, 25 February 2021 and 28 May 2021 pertaining to the Memorandum of Understanding entered into between PNE and JYST to record their intention to enter into a collaboration for the sales and marketing of multi layers printed circuit board business ("MOU"), the Board of Directors of PNE wishes to inform that there is no material development to the MOU since the last announcement.
The Company will make the appropriate announcement on any new development to the MOU, if any.
This announcement is dated 25 August 2021.
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PNE PCB BERHAD ("PNE" OR "THE COMPANY") - MEMORANDUM OF UNDERSTANDING BETWEEN PNE, ARZON SOLAR, LCC, SANICHI TECHNOLOGY BHD AND AT SYSTEMATIZATION BERHAD
Further to our announcements made by the Company on 18 May 2020, 27 May 2020, 29 June 2020, 26 August 2020, 25 November 2020, 25 February 2021 and 28 May 2021 pertaining to the Memorandum of Understanding entered into between PNE, ARZON SOLAR, LCC, SANICHI TECHNOLOGY BHD ("STB") AND AT SYSTEMATIZATION BERHAD ("ATS") for the purpose of collaboration for PNE, STB and ATS or any of their subsidiaries to form a joint venture company ("JVCo") among the parties to design, research and development and production of medical grade mechanical air ventilators and to be distributed and marketed globally ("MOU"), the Board of Directors of PNE wishes to inform that there is no material development to the MOU since the last announcement.
The Company will make the appropriate announcement on any new development to the MOU, if any.
This announcement is dated 25 August 2021.
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2021-08-26 09:32 | Report Abuse
FOR NEW NEWBIES
Tomorrow is Ex-date = 27 Aug 2021
Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021
Acceptance and Payment = 15 Sep 2021 05:00 PM
Listing Date = 30 Sep 2021
You can roughly gauge retailers response to rights issue application when the OR is traded from 1/9 - 7/9
Current Total issued share = 2,796,130,182
If operators finding it tough to push up now, it could be much more tougher when the RI and free warrant are listed .
Let's wait to see.
TAYOR
2021-08-26 09:28 | Report Abuse
FOR NEW NEWBIES
FOR NEW NEWBIES
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER INTERNATIONAL BERHAD ("KANGER" OR THE "COMPANY") ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, AS AT 5.00 P.M. ON MONDAY, 30 AUGUST 2021
Ex-date = 27 Aug 2021
Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021
Acceptance and Payment = 15 Sep 2021 05:00 PM
Listing Date = 30 Sep 2021
Warrant exercise price fixed at 0.05 per warrant
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Upon completion of above rights issue, Kanger will end up with higher MULTI-BILLION shares and warrants.
Total shares = 5,723,872,298 (assuming allocated ESOS exercised before Ex-date)
Total Warrant B = 2,861,936,149
Total amount raised = RM171,716,168
Retailers should avoid penny stocks that keep asking money from shareholders. Directors should be good in generating profits from business and not raising fund the easy way.
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Be reminded of another exercise of share issuance :
On behalf of the Board, UOB Kay Hian wishes to announce that Bursa Securities had, vide its letter dated 30 June 2021, resolved to approve the listing and quotation of the following:-
i 713,157,273 new Kanger Shares to be issued pursuant to the Proposed Acquisition; and
ii. 769,513,179 new Kanger Shares to be issued pursuant to the Proposed Subscription.
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Upon full completion, Kanger will end up with
Total shares > 7 BILLION
Total Warrant B = 2,861,936,149
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LAMBO-OR trading at 0.005 seller price.
Can KANGER-OR do better than LAMBO-OR when trading starts on 1/9/21 ?
2 billion KANGER-OR will be waiting for buyers?
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Watch out for these dates:
Ex-date = 27 Aug 2021
Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021
Acceptance and Payment = 15 Sep 2021 05:00 PM
Listing Date = 30 Sep 2021
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Better to avoid
- MULTI--BILLION-SHARE penny stocks
- penny stocks with billion warrants. Look at Nexgram, Bornoil, EAH, etc as a guide
- penny stocks that are only good in share issuance to raise fund by ESOS, PP or asking shareholders to dig pocket to pay for rights shares.
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TAYOR, don't be trapped with shares consolidation.
2021-08-25 15:14 | Report Abuse
How much Preference shares outstanding for the directors to convert to further enlarge the total issue shares and diluting shareholders equity ?
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Types of corporate proposal Conversion of Preference Shares
Details of corporate proposal Conversion of Irredeemable Convertible Preference Shares ("ICPS") to Ordinary Shares
No. of shares issued under this corporate proposal 185,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0200
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 4,147,983,874
Issued Share Capital ($$) Malaysian Ringgit (MYR) 101,342,381.590
Listing Date 26 Aug 2021
==============================
Total shares issued = 4,147,983,874
WA = 335,382,607
WB = 159,999,752
WC = 281,684,356
ICPS = ????
==============================
Multi quarter loss making penny stocks
Very high potential for shares consolidation
2021-08-25 14:36 | Report Abuse
MTOUCHE TECHNOLOGY BERHAD ("MTOUCHE" OR "THE COMPANY") - RESIGNATION OF AUDITORS
The Board of Directors of MTOUCHE wishes to announce that the Company had on 20 August 2021 received a notice in writing dated 6 August 2021 given pursuant to Section 281 of the Companies Act 2016 ("CA 2016") from Messrs. Grant Thornton Malaysia PLT (“GT”) on their resignation as Auditors of the Company. Pursuant to Section 281(2) of the CA 2016, GT's term of office will end after twenty one (21) days from 6 August 2021.
GT was re-appointed as the Auditors of the Company at the last Annual General Meeting ("AGM") of the Company held on 3 December 2020 and is to hold office until the conclusion of the next AGM of the Company. The resignation of GT is on a voluntary basis.
Save for the above, the Board is not aware of any other matters that need to be brought to the attention of the shareholders of the Company.
Further announcement will be made by the Company in due course once the appointment of the new auditors is finalised.
This announcement is dated 20 August 2021.
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Auditor resignation sending a message ?
2021-08-25 12:16 | Report Abuse
Should be announcing QR by end of August. Expect another quarter of losses coming from investment (speculation) in other loss making penny stocks
2021-08-25 12:04 | Report Abuse
Directors asking for money from shareholders again. Good only in fund raising and hopeless in making business profit.
Two of the directors :
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Date of change 14 Jul 2021
Name MR TAY BEN SENG, BENSON
Age 37
Gender Male
Nationality Malaysia
Designation Executive Director
Directorate Executive
Type of change Appointment
----------------------------------------------------
Date of change 07 Oct 2020
Name DATUK CHAI WOON CHET
Age 42
Gender Male
Nationality Malaysia
Designation Director
Directorate Executive
Type of change Appointment
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Directorship in other companies as well. Ask google.
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If all share issuance goes through, the total issue shares will exceed 3 BILLION shares
2021-08-25 11:28 | Report Abuse
Remember the lucky PP investor
No. of shares issued under this corporate proposal 50,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0786
Listing Date 25 Aug 2021
Calculate to see how much is the instant profit.
2021-08-25 11:25 | Report Abuse
Retail investors are getting smarter not to contribute money to company fund raising for directors to do loss making business for multi years.
Most likely RI will be under-subscribed by retailers.
Operators might look for other loss making penny stock companies to support with excess application to make the RI exercise looks good.
Wait for Date for announcement of final subscription result and basis of allotment of excess Rights Securities 23 Sep 2021
2021-08-25 10:56 | Report Abuse
NETX HOLDINGS BERHAD - EXTENSION OF TIME FOR SUBMISSION OF QUARTERLY REPORT
Amid the evolving COVID-19 situation and the implementation of the Phase 1 of the National Recovery Plan as announced by the Government to contain the spread of the COVID-19 outbreak, Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 16 June 2021 granted 1 month extension of time until 31 August 2021 for listed issuers to issue their quarterly reports which are due by 31 July 2021.
In consideration of the challenges facing by the Group in finalising the quarterly report during such period, the Board of Directors of NETX Holdings Berhad (“NETX” or “the Company”) wishes to inform that the Company will utilise the extension of time granted by Bursa Securities and will ensure that the quarterly report is issued on or before 31 August 2021.
This announcement is dated 23 July 2021.
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Not surprising to delay reporting and most likely another quarter of losses due to investment in other penny stocks.
2021-08-25 09:33 | Report Abuse
MZM,
Ex-date = 27 Aug 2021
Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021
Acceptance and Payment = 15 Sep 2021 05:00 PM
Listing Date = 30 Sep 2021
Ex-date approaching.
You can roughly gauge retailers response to rights issue application when the OR is traded from 1/9 - 7/9
Current Total issued share = 2,796,130,182
If operators finding it tough to push up now, it could be much more tougher when the RI and free warrant are listed .
Let's wait to see.
2021-08-24 15:38 | Report Abuse
If sold at 0.10,
easy profit = 50,000,000 X (0.10 - 0.786) = RM1,070,000
2021-08-24 14:27 | Report Abuse
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name CHAI WOON YUN
Name of registered holder KENANGA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR CHAI WOON YUN
Consideration (if any) RM0.09
Disposal of 100,000 Ordinary Shares.
Total no of securities after change
Direct (units) 900,000
Direct (%) 0.097
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 06/08/2021
Date notice received by Listed Issuer 06/08/2021
2021-08-24 14:20 | Report Abuse
Loss making penny stock non stop share issuance
Types of corporate proposal ESOS
Details of corporate proposal Employees' Share Option Scheme
No. of shares issued under this corporate proposal 300,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0125
Par Value($$) (if applicable) Malaysian Ringgit (MYR)
Latest issued share capital after the above corporate proposal in the following
Units 4,566,933,699
Issued Share Capital ($$) Malaysian Ringgit (MYR) 160,379,439.970
Listing Date 20 Aug 2021
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Total issued shares = 4,266,933,699
WB = 821,461,526
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Potential for shares consolidation by 10x, 25x, 50x?
2021-08-24 14:18 | Report Abuse
Notice of Person Ceasing (Section 139 of CA 2016)
Name FINTEC GLOBAL BERHAD
Name of registered holder ASIABIO CAPITAL SDN. BHD.
Date of cessation 21 Jun 2021
No of securities disposed 82,049,200
Disposal of shares in open market via Asiabio Capital Sdn. Bhd., a wholly-owned subsidiary.
Date of notice 29 Jul 2021
Date notice received by Listed Issuer 03 Aug 2021
2021-08-24 12:34 | Report Abuse
Important date
BONUS ISSUE OF UP TO 255,241,500 NEW ORDINARY SHARES IN CHEETAH HOLDINGS BERHAD ("CHEETAH SHARES" OR "SHARES") ("BONUS SHARES") ON THE BASIS OF 2 BONUS SHARES FOR EVERY 1 EXISTING SHARE HELD AT 5.00 P.M. ON 7 SEPTEMBER 2021 ("BONUS ENTITLEMENT DATE") ("BONUS ISSUE OF SHARES")
Ex-Date 06 Sep 2021
Entitlement date 07 Sep 2021
Entitlement time 5:00 PM
Ratio (New : Existing) 2.0000 : 1.0000
Available/Listing Date 08 Sep 2021
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On 8/9/21, price will be adjusted downward by 2x
Total issued shares increased to 382,862,250
1st step to becoming a low-price billion-share penny stock
2021-08-24 11:24 | Report Abuse
Where is MZM ? Hope you are safe and healthy.
2021-08-24 11:17 | Report Abuse
FOR NEW NEWBIES
Announcement dated 17/3/2021
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On behalf of the Board of Directors of Pasukhas (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that the Company proposes to undertake the following:-
(i) proposed consolidation of every 10 ordinary shares in Pasukhas (“Pasukhas Shares” or “Shares”) into 1 Pasukhas Share (“Consolidated Share”) (“Proposed Share Consolidation”); and
(ii) proposed renounceable rights issue of up to 992,394,438 new Shares (“Rights Shares”) together with up to 578,896,755 free detachable warrants in Pasukhas (“Warrants A”) on the basis of 12 Rights Shares together with 7 free Warrants A for every 2 existing Consolidated Shares held by the entitled shareholders on an entitlement date to be determined (“Entitled Shareholders”) (“Rights Entitlement Date”) (“Proposed Rights Issue with Warrants”).
=========================
Announcement dated 25/5/2021
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CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN PASUKHAS GROUP BERHAD ("PASUKHAS" OR THE "COMPANY") ("PASUKHAS SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 10 JUNE 2021 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
=============================
Announcement dated 21/7/2021
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On behalf of the Board, Mercury Securities wishes to announce that the Rights Issue with Warrants has been completed following the listing and quotation of 991,989,752 Rights Shares and 578,660,588 Warrants A on the ACE Market of Bursa Securities today.
================================
Be informed and reminded of the recently concluded multiple proposals of shares consolidation and rights issue with free warrants.
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TAYOR
2021-08-24 11:04 | Report Abuse
Retailers are getting smarter not to be trapped by unethical directors who are only good in fund raising by issuing shares but hopeless in doing real business to generate profits,
2021-08-24 10:05 | Report Abuse
After more than a month of listing of RI and free warrants, there is only one announcement of substantial shareholder JOE HOLDING BERHAD (M & A Nominee (Tempatan) Sdn Bhd Pledged Securities Account for GP Autobat Sdn Bhd) meaning that all other shareholders have less than 5% equity.
JOE HOLDING BERHAD (M & A Nominee (Tempatan) Sdn Bhd Pledged Securities Account for GP Autobat Sdn Bhd) :
Shareholdings changed from 249,720,000 shares to 196,310,000 shares (16.961% ) after disposing 53,410,000 on 23/7/21.
WA = 145,670,000
MAK SIEW WEI :
Shareholdings = 46,070,000 (3.981%)
WA = 26,868,333 (4.643%)
2021-08-23 15:28 | Report Abuse
Extracted from announcement dated 25/6/21 and amendment dated 30/6/21
(i) proposed bonus issue of up to 255,241,500 new ordinary shares in the Company (“Cheetah Shares” or “Shares”) (“Bonus Shares”) on the basis of 2 Bonus Shares for every 1 existing Share
(iii) proposed private placement of up to 114,858,000 new Shares (“Placement Shares”), representing 30% of the enlarged total number of issued Shares,
(ii) proposed bonus issue of up to 248,860,125 free warrants in Cheetah (“Warrants”) on the basis of 1 Warrant for every 2 existing Shares
(ii) proposed establishment of an employees’ share options scheme (“ESOS” or “Scheme”) involving up to 30% of the total number of issued Shares
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Total issued share before implementation = 127,620,750
Proposed bonus shares = 255,241,500
Proposed PP = 114,858,000
Proposed bonus warrant = 248,860,125
Proposed ESOS = 223,974,000
Upon full completion and assuming all warrants are fully converted, total issued share will be increased to 970 million shares.
Very very close to becoming another BILLION- SHARE penny stock.
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Shareholding equity will be greatly diluted by PP and ESOS shares while EPS will be significantly reduced.
Interesting to see how Cheetah will transform within a year after completion of the proposals.
TAYOR
2021-08-23 11:05 | Report Abuse
where is MZM, very quiet for 2 days. hope you are safe and healthy
2021-08-23 10:58 | Report Abuse
MACPIE BERHAD ("MACPIE" OR THE "COMPANY")
Extension of time for submission of Unaudited Fourth Quarter Report for the financial period ended 30 June 2021
Following the Full Movement Control Order (now known as Phase 1 of National Recovery Plan) as imposed by the Government to contain the spread of the COVID-19 outbreak in Malaysia, Bursa Malaysia Securities Berhad (“Bursa Securities”) had on 16 June 2021 granted a one-month extension for listed issuers to issue their quarterly reports and annual reports that include annual audited financial statements and the auditors' and directors' reports, which are due by 31 July 2021 and 31 August 2021.
In consideration of the challenges faced by MACPIE during the current situation, the Board of Directors of MACPIE wishes to inform that MACPIE will utilise the said extension of time granted by Bursa Securities to submit its Unaudited Fourth Quarter Report for the financial period ended 30 June 2021 by 30 September 2021.
This announcement is dated 20 August 2021.
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QR delayed, any think positive to look forward to?
Most likely another usual QR with losses.
2021-08-20 15:51 | Report Abuse
Good show. More retailers getting smarter to avoid penny stocks that like to dig shareholders pocket to raise fund.
Stock: [NETX]: NETX HOLDINGS BHD
2021-08-26 14:21 |
Post removed.Why?