MMAG HOLDINGS BERHAD

KLSE (MYR): MMAG (0034)

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Last Price

0.195

Today's Change

-0.005 (2.50%)

Day's Change

0.19 - 0.195

Trading Volume

473,400


17 people like this.

11,176 comment(s). Last comment by Zachzach 1 day ago

adikkici

822 posts

Posted by adikkici > 2023-02-27 09:08 | Report Abuse

Termenung lagi

adikkici

822 posts

Posted by adikkici > 2023-02-28 14:58 | Report Abuse

Hari-hari termenung

adikkici

822 posts

Posted by adikkici > 2023-03-01 15:02 | Report Abuse

Sudah cutloss. Boring counter

Winner38

472 posts

Posted by Winner38 > 2023-03-02 21:57 | Report Abuse

Be patient.. Coming soon goreng..

KiasuKaki

55 posts

Posted by KiasuKaki > 2023-03-06 09:53 | Report Abuse

Operator...我要十个 m
Hope can collect 1 cents

adikkici

822 posts

Posted by adikkici > 2023-03-06 16:29 | Report Abuse

Swing to Minda also can cover loss

cK1973

1,523 posts

Posted by cK1973 > 2023-03-15 10:31 | Report Abuse

speculative ......
cheap cheap only at 1.5c
consolidation??? die lor

cK1973

1,523 posts

Posted by cK1973 > 2023-03-17 14:03 | Report Abuse

stil 2c....
wait at 1/2c dulu....

haziqaz

162 posts

Posted by haziqaz > 2023-03-20 22:40 | Report Abuse

Fail sulit Ketua Mafia Korporat didedah, Azam Baki KP SPRM perlu tangkap Victor Chin, Chong Loong Men & Datuk Eddie

Fail sulit Peguam Mafia Korporat Chong Loong Men sudah didedah. Kini fail sulit Ketua Mafia Korporat Datuk Victor Chin Boon Long pula didedah. Rampasan syarikat Revenue Group pula dedah penyelewengan Datuk Eddie sehingga letak jawatan Pengarah Eksekutif. Tangkap 3 Individu ini akan bongkar jenayah Mafia Korporat di negara ini..

https://thecorporatesecret.com/blog/2023/03/17/fail-sulit-ketua-mafia-korporat-didedah-azam-baki-kp-sprm-perlu-tangkap-victor-chin-chong-loong-men-datuk-eddie/

Winner38

472 posts

Posted by Winner38 > 2023-03-23 00:09 | Report Abuse

Wait 2mths..got chance to fly

cK1973

1,523 posts

Posted by cK1973 > 2023-03-23 18:02 | Report Abuse

Raya coming....
1.5c is cheap....
maybe can up to 5c???

Winner38

472 posts

Posted by Winner38 > 2023-03-23 23:06 | Report Abuse

Good volume today.. Few more push to hit 0025....need to be patient.. See u guys in 2 mths time..

Posted by whistlebower99 > 2023-03-28 12:21 | Report Abuse

FOR NEWBIES

Be informed of MMAG's investment in other penny stocks
https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all

=================
A. CSH ALLIANCE BERHAD

Particulars of substantial Securities Holder
Name MMAG HOLDINGS BERHAD
1 20 Jan 2022 194,500,000 Acquired Direct Interest
Subscription of new shares via Rights Issue

Direct (units) 229,500,000
Direct (%) 16.613
Date of notice 20 Jan 2022

======================
B. INGENIEUR GUDANG BERHAD

Particulars of substantial Securities Holder
Name MMAG HOLDINGS BERHAD
1 22 Mar 2023 10,000,000 Disposed Direct Interest
Direct (units) 282,917,790
Direct (%) 27.27
Date of notice 23 Mar 2023

====================
C. MSCM HOLDINGS BERHAD (now known as HONG SENG CONSOLIDATED BERHAD)
Particulars of Substantial Securities Holder
Name MMAG HOLDINGS BERHAD

Date of cessation 04 Aug 2020
No of securities disposed 95,207,303
Date of notice 05 Aug 2020

====================
Multi year loss making company
Directors using company fund to invest in other penny stocks instead of doing business for profits

When company fund is depleted, directors might raise more fund to via shares issuance to PP, ESOS or do shares consolidation followed by RI again

NOSH = 2,422,391,577 might rise further with more share issuance, diluting shareholders equity % and EPS

====================
TAYOR

cK1973

1,523 posts

Posted by cK1973 > 2023-03-29 10:11 | Report Abuse

very cheap....
consolidation risk.....
have to be careful....

651158

2,377 posts

Posted by 651158 > 2023-03-29 16:03 | Report Abuse

big show

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-03-29 16:08 | Report Abuse

Don't GET TRAPPED ya!!! This counter is one of the biggest scammer stock

651158

2,377 posts

Posted by 651158 > 2023-03-31 09:56 | Report Abuse

today tiger show

Michael R.

4,756 posts

Posted by Michael R. > 2023-03-31 10:14 | Report Abuse

Consolidation is likely.. unless if no one else left

651158

2,377 posts

Posted by 651158 > 2023-03-31 15:31 | Report Abuse

left right only just director play only

cK1973

1,523 posts

Posted by cK1973 > 2023-04-02 17:03 | Report Abuse

high volumes ....
but always trap retailers...
be careful guys.....

calvintaneng

53,164 posts

Posted by calvintaneng > 2023-04-02 17:53 |

Post removed.Why?

Posted by Firsttimer2323 > 2023-04-03 15:41 | Report Abuse

why this stock today trend so bumpy

Posted by whistlebower99 > 2023-04-03 22:00 | Report Abuse

FOR NEWBIES

Take note of disposal of invested shares

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

Particulars of substantial Securities Holder
Name MMAG HOLDINGS BERHAD

31 Mar 2023 100,000,000 Disposed Direct Interest
Disposal of shares via Direct Business Transaction

Direct (units) 182,917,790
Direct (%) 17.631
Date of notice 31 Mar 2023

================
Investment in other penny stock using money raised from shares issuance ?
Profit or loss ?


nicholas99

9,820 posts

Posted by nicholas99 > 2023-04-27 10:51 | Report Abuse

when mmag akan stop trading?

651158

2,377 posts

Posted by 651158 > 2023-04-27 11:11 | Report Abuse

no hope counter

Posted by Pengibun Pengibun > 2023-04-28 16:15 | Report Abuse

awal pagi naik 2 sen petang turun 15 sen... setiap hari bergitu hahaha

cK1973

1,523 posts

Posted by cK1973 > 2023-05-04 15:35 | Report Abuse

1c boleh beli la...
2c sudah 100% gain ma ...

cK1973

1,523 posts

Posted by cK1973 > 2023-05-04 15:35 | Report Abuse

ini counter macam casino ma...

cK1973

1,523 posts

Posted by cK1973 > 2023-05-04 15:36 | Report Abuse

kalau nasib baik dia naik 10c...
kalau malang, tinggal 1/2c...
lagi teruk dia kasi consolidation 10 jadi 1...
KASINO ma...

Michael Kwok

6,054 posts

Posted by Michael Kwok > 2023-05-04 16:18 | Report Abuse

Price 1.5 cents
Capital consolidate 10:1-20-1.
4/5/23 4.18pm

$$ BUYSELL $$

1,707 posts

Posted by $$ BUYSELL $$ > 2023-05-08 17:06 | Report Abuse

game over

cK1973

1,523 posts

Posted by cK1973 > 2023-05-14 10:35 | Report Abuse

tunggu kat 0.005 dulu...

Posted by Pengibun Pengibun > 2023-05-18 15:13 | Report Abuse

jangan beli counter ne, nanti Victor Chin Boon Long sedut you punya duit sampai licin

fuyohpuyo

83 posts

Posted by fuyohpuyo > 2023-05-18 15:46 | Report Abuse

Boom shakalaka

Posted by whistlebower99 > 2023-05-19 10:58 | Report Abuse

FOR NEWBIES

MMAG HOLDINGS BERHAD ("MMAG" OR "COMPANY")

(I) PROPOSED SHARE CONSOLIDATION; AND
(II) PROPOSED RIGHTS ISSUE

(i) proposed consolidation of every 10 existing ordinary shares in MMAG (“MMAG Share(s)” or “Share(s)”) into 1 MMAG Share (“Consolidated Share(s)”) (“Proposed Share Consolidation”); and

(ii) proposed renounceable rights issue of up to 1,453,434,942 new MMAG Shares (“Rights Shares”) on the basis of 6 Rights Shares for every 1 Consolidated Share held as at the close of business on an entitlement date to be determined later (“Rights Issue Entitlement Date”) at an issue price of RM0.10 per Rights Share (“Issue Price”), together with up to 726,717,471 free detachable warrants in MMAG (“Warrant(s)”) on the basis of 1 Warrant for every 2 Rights Shares subscribed for (“Proposed Rights Issue”).

Please refer to the attachment for further details on the Proposals.
This announcement is dated 18 May 2023.
Please refer attachment below.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3352893

===================
Very bad news for loyal long term shareholders
Good news for directors to collect lots of money from shareholders
Directors set to collect up to RM145 million from the rights issue
Master stroke by the directors who are incapable to generate profits from business but able to collect lots of money from fund raising

===================
TAYOR, take care of your hard-earned money

haziqaz

162 posts

Posted by haziqaz > 2023-05-21 16:13 | Report Abuse

Pengarah MJet lapor polis Mafia Korporat Victor Chin Boon Long, MMAG guna Bahagian Siasatan SPRM curi RM9.6 juta duit pelaburan syarikat
https://thecorporatesecret.com/blog/2023/05/17/pengarah-mjet-lapor-polis-mafia-korporat-victor-chin-boon-long-mmag-guna-bahagian-siasatan-sprm-curi-rm9-6-juta-duit-pelaburan-syarikat/

651158

2,377 posts

Posted by 651158 > 2023-05-23 10:23 | Report Abuse

faster push up lo consolation coming lo

Winner38

472 posts

Posted by Winner38 > 2023-05-23 12:01 | Report Abuse

Waiting...

Winner38

472 posts

Posted by Winner38 > 2023-05-23 21:25 | Report Abuse

Another drop will be left with underwear liao....

Posted by whistlebower99 > 2023-05-26 16:37 | Report Abuse

FOR NEWBIES

MMAG is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 18 May 2023

===================
Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - MMAG, VSOLAR, DOLPHIN, TECHNAX

2023 completed = 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,.........

====================
TAYOR, don't be caught in share consolidation exercise

Winner38

472 posts

Posted by Winner38 > 2023-05-31 15:29 | Report Abuse

Penny group is dangerous..

Posted by whistlebower99 > 2023-05-31 15:37 | Report Abuse

FOR NEWBIES

Huge quarterly losses
Profit/(loss) for the period -59,017,000
https://www.klsescreener.com/v2/stocks/financial-report/0034/2023-03-31

Multi year multi quarter losses continue
https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad

Company fund depleted
Directors have more reasons to raise more fund via share issuance to RI, PP,ESOS after share consolidation

=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance



Winner38

472 posts

Posted by Winner38 > 2023-05-31 21:55 | Report Abuse

Tough time creates.strong investors..

Winner38

472 posts

Posted by Winner38 > 2023-06-06 10:56 | Report Abuse

Someone collecting more and More

Winner38

472 posts

Posted by Winner38 > 2023-06-06 11:57 | Report Abuse

Another drop.. 0. 005 soon..

Posted by whistlebower99 > 2023-06-06 21:20 | Report Abuse

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

Particulars of Director
Name MADAM CHAN SWEE YING
1 02/06/2023 4,615,600 Acquired Direct Interest
Consideration (if any) RM0.01
Acquisition of shares via open market
Direct (units) 283,624,800
Direct (%) 11.708
Date of notice 06/06/2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359815

Winner38

472 posts

Posted by Winner38 > 2023-06-07 07:10 | Report Abuse

Good at least Directors buying..

Posted by whistlebower99 > 2023-06-07 11:56 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all

Director has more than 1 low price high NOSH penny stock companies to take care of.
Moving from one company to another
Could she be proxy to some powerful price influencer ?

=================
Change in Boardroom
DYNACIATE GROUP BERHAD (now known as INGENIEUR GUDANG BERHAD)
Date of change 01 Aug 2022
Name MADAM CHAN SWEE YING
Age 50
Gender Female
Nationality Malaysia
Designation Executive Director

================
Change in Boardroom
MMAG HOLDINGS BERHAD
Date of change 29 Nov 2017
Name MADAM CHAN SWEE YING
Age 45
Gender Female
Nationality Malaysia
Designation Non-Independent Director

=================
VORTEX CONSOLIDATED BERHAD
Date of change 10 Apr 2020
Name MADAM CHAN SWEE YING
Age 48
Gender Female
Nationality Malaysia
Designation Executive Director
Type of change Appointment

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

HARVEST MIRACLE CAPITAL BERHAD (previously VORTEX CONSOLIDATED BERHAD)
Date of change 28 Feb 2023
Name MADAM CHAN SWEE YING
Age 50
Gender Female
Nationality Malaysia
Designation Executive Director
Directorate Executive
Type of change Resignation

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

Posted by whistlebower99 > 2023-06-08 12:47 | Report Abuse

FOR NEWBIES

MMAG HOLDINGS BERHAD ("MMAG" OR "COMPANY")

(I) PROPOSED SHARE CONSOLIDATION; AND
(II) PROPOSED RIGHTS ISSUE

On behalf of the Board, TA Securities wishes to announce that the application in relation to the Proposals has been submitted to Bursa Securities on 26 May 2023.

This announcement is dated 26 May 2023.

https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad

=============
One step closer to implementation of share consolidation

Winner38

472 posts

Posted by Winner38 > 2023-06-09 10:45 | Report Abuse

0015 now.. Another push 0020..come come support..

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