Bursa queries MMAG on share price, volume surge.... if really wish to arrest insiders trading, believe some will be caught. Anyway, don't jitter the market as it may affect authority bottom line.
Bursa & SC seems to encourage all to goreng at will.
Summary of the goreng:
1) RM2,500 setup a new company MAASDOTS SDN BHD
2) Then sell for RM100,000 to PLC as excuse to "make news" and goreng saham RM0.12 to RM1.16 (1,000%)
3) The story is something like "world travel inbound and outbound maybe moonbound and sunbound software to do A-Z everything under the sun for Covid-19, just bull sheet on 1 webpage copy-and-paste here: maasdots.com.my
4) made up a new so consider a super "software" and push shares.
5) Same pattern like syndicate MYSCM, ANZO, SOLUTION, BINTAI, HWGB, all same formula like "know everyone in the world", and "contacted" all authorities - maybe health, travel, immigration, maybe Prime Minister, XiJinPing and Donald Trump.
6) AND no wonder smells like coconut tree dance: MMAH(G?) chairman Datuk Rathakrishnan Vellaisamy
Like that kind of "software" any college boy also can made up story. Lazy syndicate. Greedy newbie buys in?
KUALA LUMPUR: MMAG Holdings Bhd (MMAG) has acquired MAASDOTS Sdn Bhd through a shares sale agreement with BrilliantID Sdn Bhd for RM100,000, comprising of 2,500 shares.
MMAG said the acquisition will bridge the widening gap caused by the pandemic in securing and monitoring the borders between countries.
MAASDOTS is currently involved in the management, integration and implementation of an end-to-end health screening system namely Travellers Advanced Health Screening System (TAHSS).
The system is intended to integrate with health, travel and immigration authorities and is used for the screening of inbound and outbound visitors to the country.
MMAG said TAHSS would be ready to be integrated system in allowing the government to manage and enforce travel procedures to its country either by air, sea or land.
"TAHSS will make international air travel safer, easier and faster. TAHSS carries the tagline 'safe and seamless travel'.
It will get people moving again and revive the travel sector.
"MMAG believes that our investment in MAASDOTS will help us to mobilise the world post Covid-19," said MMAH chairman Datuk Rathakrishnan Vellaisamy in a statement today.
Hope will not close at 1.50 (limit up price). Just close at 1.49. If limit up 2 days consecutively bursa will freeze the upper limit for the following 2 trading days.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SpicyMcDeluxe
838 posts
Posted by SpicyMcDeluxe > 2020-09-10 16:06 | Report Abuse
kekw