Already listed as a PN17 listed issuer...

The Board of Directors of Reneuco (“Board”) wishes to announce that the Company is an affected listed issuer under Practice Note 17 (“PN17 Company”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The Company has triggered the prescribed criteria pursuant to Paragraph 8.04 of the Main Market Listing Requirements and Paragraph 2.1(d) of Practice Note 17 of Bursa Malaysia Securities Berhad whereby the Company has become an affected listed issuer under PN17 on the basis that Paragraph 2.1(d) of the Practice Note 17 has been triggered in the Company’s unaudited consolidated financial statements for the period ended 30 September 2023 announced on 8 February 2024.

AR
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3420858

BAD NEWS ACTUALLY... I never expect..

PRACTICE NOTE 17 / GUIDANCE NOTE 3
FIRST ANNOUNCEMENT
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3420866

Woww. Sayangnya saya kekal dengan keputusan semalam tak jadi go in.. He He He

AR already out..

@OKU_2020. Buy Gen-tel and goyang-goyang, Mesti "keras" punya Kanger... He He He

Mana perga rr1688,harap masuk sini supaya lengkap eagle 77,mzm dan rr1688 hahaha
--------------
@mansaham1972... He He He. Gelak besar saya...
Bukan apa... geram tengok ada yang buat jangkaan - andaian tanpa ASAS yang sepatutnya dirujuk.
End of kacau-kacau dari saya di sini....
Maybe won't bother to buy in this counter.
Actually I don't know much about this counter.
Better stay put @ my familiar counters. Bye

Boleh dijadikan panduan... Berbanding hanya cakap kosong tanpa statistics... TAYOR
This one is the real reality (If they don't cheat on their reports).

Based on Reneuco Quarterly Report On The Consolidated Results For The Quarter And Periode Ended 30 September 2023

1. Equity attributable to owners of the parent

Share capital RM 172,699,000
+ Reserves RM 85,000
+ Retained earnings (RM 67,802,000)
= Total equity attributable to owners of the Company RM 104,982,000
- Non-controlling interests (RM 1,746,000)
= Total equity RM 103,236,000


2. Reneuco’s shareholder equity on consolidated basis of its share capital excluding treasury shares - CALCULATION

Based on 1, above:
Equity attributable to owners of the parent = Total equity = Shareholders equity = RM 103,236,000
Share capital = RM 172,699,000

Therefore:

Renueco’s shareholder equity on consolidated basis of its share capital excluding treasury shares
= (RM 103,236,000 ÷ RM 172,699,000) × 100 %

= 59.78 %

Be noted that one of the criteria for a listed company to be listed as GN3 issuer (also may applied to PN17 listed issuer???) is if their shareholders equity on consolidated basis of its share capital excluding treasury shares is equal to or less than 50%.

This one for ACE companies.... I think it's also applicable for main board companies...

TOLONG KENALPASTI adakah ia mungkin menepati keadaan Reneuco..

The GN3 Relief Measures will be available to the listed issuer if it triggers any one of the following criteria under GN3 of the ACE LR ("Suspended Criteria"):-

a) its shareholders' equity on a consolidated basis is 25% or less of its share capital;

b) It has incurred loss in any 1 full financial year (“FY”) commencing on or after its listing, which is equal to or exceed the amount of its shareholders’ equity at the end of the said FY and its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said FY;

c) it has incurred aggregate losses in any 2 consecutive full FYs commencing on or after its listing (“said financial period”)-

(i) which exceed the amount of its shareholders’ equity at the end of the said financial period;

(ii) the loss incurred in the 2nd full FY of the said financial period is 50% or more of the loss incurred in the 1st full FY of the said financial period; and

(iii) its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said financial period;


d) the auditors have highlighted a MUGC or expressed a qualification on the listed issuer's ability to continue as a going concern in its latest audited financial statements and its shareholders' equity on a consolidated basis is 50% or less of its share capital (excluding treasury shares); and

e) default in payment by the listed issuer, its major subsidiary or major associated company, as the case may be, as announced pursuant to Rule 9.19A of the ACE LR and the listed issuer is unable to provide a solvency declaration to the Exchange.

@roger3210... You are opening your secret.. LOL

Gentel-man cares a lot... He He He

@roger3210.. Sell yours @18 sen or below.. Maybe some of us ready to pickup the shares @ that prices. TAYOR

@OKU_2020... Dah tak suka Gen-tel ke? Gen-tel sambil goyang-goyang mesti syok...

Haiya.... Petition after petition this company...... Patutlah syarikat terpaksa buat share consolidation???

Kalau tidak PN17 makin dekatlah ini company.. BEWARE from this type of company!!!

Already in a cleared position.... Waiting for incoming QR result at the end of this month...
Right time and at a right price,,,, Hope can reenter again...
A lot of thanks to Itronic counter for my BEST first entry and out with a great win.

@BE_GREEEEEEEEEEEEEEEDY.. Be patience.
My heart is still with Kanger. He He He

Kanger share price is stabilising... For me, fundamentally still @ status quo..
Will reenter back this counter at a right time with a right price.. (Based on my personal judgement). TAYOR

Buy gen-tel. OKU_2020 goyang-goyang sambil gen-tel... He He He

.....the trading of building materials segment delivered commendable progress and contributed the revenue of RM75.4 million to the Group, representing 97% of total revenue.
------------
Kanger no more focusing on consumer products and services....
Should reclasify it for - industrial products and services

Just now, emailed my recommendation to BURSA on this matter.

To: BURSA2U .... Sun, Feb 4 at 11:56 PM

2. Based on the reported data, it was shown that the current major business activities of Kanger is trading of building materials. I think to disclose a fair and true state of information relating to the company’s sectoral activities, Kanger’s sector should be reclasified under Industrial Products and Services sector.

KANGER’S GROUP CORPORATE STRUCTURE

KANGER INTERNATIONAL BERHAD
Incorporated in Malaysia
Investment Holding
<--------->
SUBSIDIARIES AND ITS BUSINESSES

1. KANGER VENTURES SDN. BHD. (100%) - (Incorporated in Malaysia)
(a) Trading of construction products and
construction works
(b) Property development and project
management.

2. KANGER GLOVE MANUFACTURING SDN. BHD. (100%) - (Incorporated in Malaysia)
(a) Glove Manufacturing

3. KANGER MEDICAL INTERNATIONAL SDN. BHD. (100%) - (Incorporated in Malaysia)
(a) Trading of medical and healthcare equipment,pharmaceutical medicinal, products and
Services

4. COMMONMASK SDN. BHD. (100%) - (Incorporated in Malaysia)
(b) Trading of medical disposable items

5. KIB GLOBAL RESOURCES SDN. BHD. (100%) - (Incorporated in Malaysia)
(a) Trading of construction products and construction works
(b) Property development and projectmanagement.

6. KANTARA SDN. BHD. (100%) - (Incorporated in Malaysia)
(a) Management of real estate on a fee or contract basis
(b) Wholesale of construction materials

7. SUNG MASTER HOLDINGS SDN. BHD. (51%) - (Incorporated in Malaysia)
(a) Trading on construction materials

Note: >>>>>>>>> No more a PRC company.. and its

PRINCIPAL PLACE OF BUSINESS/MANAGEMENT OFFICE
1 & 3, Jalan Alfa Impian 2
Taman Perindustrian Alfa Impian, 43000 Balakong
Selangor, Malaysia

@Konichiwa. To early. GM 26. 03. Actually AR will be produced at last near the GM date.

Tak bolehkah Aneka mau test 25 sen??? Apakah salah???

Revenue 58,780,000
Cost of sales (55,729,000)
Gross profit / (loss) 3,051,000
Other income 2,402,000
Administrative expenses (2,963,000)
Operating profit / (loss) 2,490,000
Finance costs (960,000)
Profit / (Loss) before taxation 1,530,000
Income tax benefit / (expense) (145,000)
Profit / (Loss) after taxation 1,385,000

@roger3210... PROFIT IS A PROFIT..
The company recorded a profit on its sales. Recorded a GROSS PROFIT of 3 milion plus.

@roger3210...
QR4 2023 Revenue RM51,515K PBT RM1,254K NP RM 588K EPS 0.09 sen QoQ ↑116% YoY ↑105%
QR1 2024 Revenue RM58,780K PBT RM1,530K NP RM 1,275K EPS 0.20sen QoQ ↑117% YoY ↑129%

Last two QRs both quarters recorded profit before tax and net profit..

Burnt some here......
For the sake of an experiment on a new counter..
Sorry guys... In facts, the information is still valid..
But this counter is not suitable for me to play... He He He

Wowwwww. HE Group also makes someone GOYANG-GOYANG... He He He

ANEKA: Revenue, P&L, EPS and its POSITIVE TREND.

QR2 2023 Revenue RM42,976K PBT -RM4,177K NP –RM5,122K EPS -0.87sen QoQ ↓ 17% YoY ↑24%
QR3 2023 Revenue RM41,246K PBT -RM2,420K NP –RM3,708K EPS -0.63sen QoQ ↑28% YoY ↑53%
QR4 2023 Revenue RM51,515K PBT RM1,254K NP RM 588K EPS 0.09 sen QoQ ↑116% YoY ↑105%
QR1 2024 Revenue RM58,780K PBT RM1,530K NP RM 1,275K EPS 0.20sen QoQ ↑117% YoY ↑129%

Note:
1. From QR3 2023 – QR1 2024 (the latest QR), the revenue increased every quarter.
2. From QR3 2023 – QR1 2024 (the lasets QR), the Loss before Tax was decreased or the Profit before Tax (PBT) was increased.
3. From QR3 2023 – QR1 2024 (the latest QR), the Net Loss was decreased or the Net Profit (NP) was increased.
4. From QR3 2023 – QR1 2024 (the latest QR), the Earning Per Share (EPS) was increased.
5. From QR3 2023 – QR1 2024 (the latest QR), the comparative figures Quarter on Quarter (QoQ) and Year on Year (YoY) showed the improvement (positively increased in percentages).

Wowwwww. MTEC makes someone GOYANG-GOYANG... He He He

OKU_2020... HOITTT...

He He He.... If rumours is true, how come substantial shareholder Maju Offshore just letgo their holding just @4 sen???? Its 100,000,000 shares,not a lot!!! He He He

Here is the REALITY...

BPuri is preparing to do share consolidation.....
In my experiences @Kanger, Trive and Nexgram, before consolidation, the price will drop a lot from the indicative price made in the proposal. BPuri lowest price 2.5 sen...)

NEWBIES,
Insiders lari pada harga 5 sen dan 4 sen sahaja....
Adakah retailer sanggup beli pada harga 7 atau 8 sen????? FIKIR FIKIR kan lah!!!

Including me... Sold dulu... Waiting for lower price to re-enter.. He He He

BEWARE NEWBIES..

The operator will pull the brake before consolidation, everybody who are at the top of condo will feel the HEAT...

INSIDERS STARTED THE MODE OF DISPOSSING THEIR SHARES...

BPuri is preparing to do share consolidation.....
In my experiences @Kanger, Trive and Nexgram, before consolidation, the price will drop a lot from the indicative price made in the proposal. BPuri lowest price 2.5 sen...)

--------------
1. Changes in Director's Interest (Section 219 of CA 2016)
BINA PURI HOLDINGS BHD
Name MR OOI HEE KAH
Descriptions(Class)
Ordinary Shares
22/01/2024 20,000,000 Disposed Direct Interest
Consideration (if any) RM0.05

2. Notice of Person Ceasing (Section 139 of CA 2016)
MAJU OFFSHORE CAPITAL SDN. BHD.
Date of cessation 22 Jan 2024
No of securities disposed 100,000,000
Disposal of 100,000,000 shares through the direct business transaction.
Date of notice 24 Jan 2024
Date notice received by Listed Issuer 24 Jan 2024
Note: Base on a report the shares disposed @ 4 sen.

Maju Offshore Capital Sdn Bhd has ceased to be loss-making Bina Puri Holdings Bhd’s substantial shareholder after it sold a 2.96% stake in the company for RM4 million. Maju Offshore Capital offloaded the stake comprising 100 million shares via a direct business transaction on Monday. A check with Bloomberg showed that a block of 100 million Bina Puri shares was traded at four sen apiece or a cumulative RM4 million on Monday — a 50% discount to that day’s closing price of eight sen. —

The Group’s QR3 2023 revenue based on the geographical location of its customers is presented as follows:

Malaysia RM8,633,000
Indonesia RM14,000
China RM3,029,000
Others RM44,000
Total RM11,720,000
Note:
Revenue from Malaysia QR3 2023 up 40% from RM5,133,000 in QR3 2022.
Revenue from China also up 56% from RM1,943,000 in QR3 2022.

AS I SAID>>>
Newbies, BEWARE of PUMP and DUMP activitiy...

There is a big risk ahead.... The operator/insider could be still on their way to exit the counter... TAYOR
------------
Notice of Person Ceasing (Section 139 of CA 2016)
MAJU OFFSHORE CAPITAL SDN. BHD.
Date of cessation 22 Jan 2024
No of securities disposed 100,000,000
Disposal of 100,000,000 shares through the direct business transaction.
Date of notice 24 Jan 2024
Date notice received by Listed Issuer 24 Jan 2024

Newbies, BEWARE of PUMP and DUMP activitiy...

There is a big risk ahead.... The operator/insider could be still on their way to exit the counter... TAYOR

How???? The director disposed 20 million shares just only @ 5 sen per share???

---------
Changes in Director's Interest (Section 219 of CA 2016)
BINA PURI HOLDINGS BHD
Name MR OOI HEE KAH
Descriptions(Class)
Ordinary Shares
22/01/2024 20,000,000 Disposed Direct Interest
Consideration (if any) RM0.05

OKU_2020. Goyang harder... Want to reload some....

@youngclean..
Other companies that suffer same continuous losses as BPUri also usually reported plans and measures to be profitable..... The important thing for BPuri is to deliver profits instead of giving away losses..

A ten years of BPuri history told us:

1. Before this, BPuri have won projects worth billion, but BPuri have lost four years in a row.
2. Since 10 years ago, BPuri's NTA from RM1.00 has become 2.6 sen... BPuri's management is really a "killer"....
3. Continously, BPuri was good at making losses and increasing NOSH only.
To maintain financial and operations stability, BPuri did private placements and RI..
4. To be safer from the risks of PN17, BPuri is proposing to do a share consolidation exercise.

Newbies, BEWARE of PUMP and DUMP activitiy...

There is a big risk ahead.... The operator/insider could be still on their way to exit the counter... TAYOR

(Note: BPuri is preparing to do share consolidation.....
In my experiences @Kanger, Trive and Nexgram, before consolidation, the price will drop a lot from the indicative price made in the proposal. BPuri lowest price 2.5 sen...)

As per my observation, there was none of direct insider (the parties which is the director, principal management or substantial shareholders whom must report to BURSA if any shareholding changes had occured). No filings @BURSA from entire Disember 2023 until today.
None of any bad news has been filed at BURSA on the same date...

I concluded that, this phase of share price downtrend could be the play of "indirect insider" or operator.........

Personally, accumulation completed...
Hope for the best...... TAYOR

Closed @11 sen.... Towards 14 sen????

Masih kuat juga ya, Kanger... Hmm. Hmm.

@youngclean..
Other companies that suffer same continuous losses as BPUri also can have many projects.
The important thing is to deliver profits instead of giving away losses..

A history of BPuri:

Before this, BPuri have won projects worth billion, but BPuri have lost four years in a row. Since 10 years ago, BPuri's NTA from RM1.00 has become 2.6 sen... BPuri's management is really a "killer".... Good at making losses and increasing NOSH only.
Make Placement and RI..

@OKU_2020. Sila Goyang pokok Kanger kuat-kuat, jangan Tak Goyang...
Awak nak pisang apa sebagai hadiah?.. Pisang Berangan ke Pisang Klutuk (pisang banyak biji)? He He He

... A monkey never knows about a company dynamics...
But the monkey likes to talk bad using faulty historical experiences..

BOD of LKL.. Based on AR 2022.

Datuk Chong Loong Men - Executive Director
Zulkarnin Bin Ariffin - Executive Director
Lim Ming Chang - Non-Independent Non-Executive Director
Chan Jee Peng - Independent Non-Executive Director
Ling Chi Hoong - Independent Non-Executive Director
Ng Fun Kim - Independent Non-Executive Director

Maklumat ini lagi penting... Siapa pemegang saham terbesar LKL sekarang... dan adakah Lim Kon Lian masih tercatat dalam senarai atau tidak...
---------
Based on LKL's Annual Report 2022 :
Total Number of Issued Shares : 388,057,256 ordinary shares

THIRTY LARGEST SHAREHOLDERS AS AT 18 APRIL 2023
(without aggregating securities from different securities accounts belonging to the same registered holder)
No Name No. of Shares %
1. Botanical Distribution Sdn. Bhd. 47,010,000 12.11
2. AMSEC Nominees (Tempatan) Sdn. Bhd. 44,579,720 11.49
Exempt An for KGI Securities (Singapore) Pte. Ltd (66581 T CL)
3. M & A Nominee (Tempatan) Sdn. Bhd. 44,341,200 11.43
Exempt An for Sanston Financial Group Limited (Account Client)
4. Attractive Venture Sdn. Bhd. 19,317,665 4.98
5. Ace Edible Oil Industries Sdn. Bhd. 19,100,000 4.92
6. AE Multi Industries Sdn. Bhd. 19,000,000 4.90
7. Perusahaan Saudee Sdn. Bhd. 12,399,600 3.20
8. Ang Kian You 11,005,880 2.84
9. Ang Kian You 9,968,780 2.57
10. AFFIN Hwang Nominees (Asing) Sdn. Bhd. Exempt An for Sanston Financial Group Limited (Account Client) 8,688,100 2.24

LIST OF 30 LARGEST SECURITIES ACCOUNT HOLDERS@30/6/2023 (ANNUAL REPORT)
(BASED ON THE RECORD OF DEPOSITORS)
(WITHOUT AGGREGATING SECURITIES FROM DIFFERENT SECURITIES ACCOUNT BELONGING TO THE SAME PERSON)
---------
Oh.. Saya faham. Ini senarai dari AR 2023 bagi Oversea Enterprise Berhad.
Bukan AR LKL.

Buat apalah susah-susah Good123 postkan data syarikat lain di sini!!! He He He

Lagipun saya rasa Lim Kon Lian pun dah jadi sejarah di LKL kan?

@Dear friend Peace99..

Q1: Am still holding on. What about mm2h?

Answer: Kanger BOD recognised a prospect of owning more Genting condos by proposing to buy more condos. I think it's a good investment by Kanger....
The problem is on the way/s how they will finance the acquisition. If they are opting to do more PP or ESOS – the NOSH will ballooning... I think not so good for us, the small investors.

Q2: ... boss bought at 5.8sen, we ikan bilis can get at 5.5 sen?

Answer: It depends on the market condition and other determinants.... Semua boleh jadi di bursa..

Actually, I sold all my holdings @Kanger because at that time the market was in a dark and chaotic. I panicked and worried if Kanger counter also will be affected with limit down (LD) “virus”. Therefore, I made decision to sold all my holding @Kanger with expectation the Kanger’s share price also will fall a lot.

My plan to re-enter @below 5.5 sen was determined at that time because I think I will get cheaper price, for example below 5,5 sen. Below 5.5 sen is a good bargain in the condition that SIS was priced @5.8 sen, therefore I think the incoming new PP should be set at least @5.8 sen. Usually in some companies, the price will be prop up to service the targeted price of new PP.

I will monitor the market.....All depend on the market and what will happen @Kanger counter. I have plan B, to set a new entry price, if can't get @my targeted entry price. Also, will consider to play more on the warrant. Last time, I gained a lot, added warrant @ 1.5 sen and sold it @3 sen and 4.5 sen.

STILL BELIEVE IN KANGER.

@Lyon91.. It's just a technical readings....
If there is nothing in a near future which can make fundamental of the company WORSEN... Its for me normal...

Technical reading from oversold can be changed to overbought in a short of time...

Hope in incoming one or two days of trading, it can test the highest price in a year @14 sen. TAYOR

https://www.tradingview.com/symbols/MYX-BIOHLDG/technicals/