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

0.195 - 0.20

Trading Volume

915,500

17 people like this.

11,179 comment(s). Last comment by cK1973 2 days ago

whistlebower99

4,867 posts

Posted by whistlebower99 > 2023-08-29 09:44 | Report Abuse

FOR NEWBIES

BE REMINDED OF SHARE CONSOLIDATIONS AND RIGHTS ISSUE COMING SOON

================
(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

===============
Directors ready to collect more money from share consolidations followed by fund raising via rights issue
Shareholders will end up with reduced shares and need to pay more money to subscribe for more rights shares.

Be careful with your hard earned money !!!

Winner38

472 posts

Posted by Winner38 > 2023-09-05 23:02 | Report Abuse

Die counter. Haizzzzzz

Baby Shark

5,843 posts

Posted by Baby Shark > 2023-09-13 13:28 | Report Abuse

Want close shop d..

Lee Ying Yee

267 posts

Posted by Lee Ying Yee > 2023-09-15 17:00 | Report Abuse

10 to 1 n 6r/2nw ??? m boleh ??

Lee Ying Yee

267 posts

Posted by Lee Ying Yee > 2023-09-15 17:08 | Report Abuse

member DGB, INGENIEU ,

whistlebower99

4,867 posts

Posted by whistlebower99 > 2023-09-18 11:04 | Report Abuse

FOR NEWBIES

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (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 SHARE(S)") 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 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, 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")

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3385544

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

============
Share consolidation coming very soon followed by rights issue fund raising by directors

Be careful holding high NOSH low price loss making penny stocks
Be careful with company directors who do frequent fund raising via share issuance to PP, ESOS or asset acquisition

Winner38

472 posts

Posted by Winner38 > 2023-09-27 20:32 | Report Abuse

No Eyes see.. 😎

Winner38

472 posts

Posted by Winner38 > 2023-10-01 14:41 | Report Abuse

Withdrawal from CSH.. Now got cash.. Suppose to shoot up, right??

21spade

173 posts

Posted by 21spade > 2023-10-02 15:24 | Report Abuse

bila goreng start?

Winner38

472 posts

Posted by Winner38 > 2023-10-04 20:43 | Report Abuse

MMAG - Main Main Akan Goreng.. 😂😂

BILLC

2,029 posts

Posted by BILLC > 2023-10-05 00:08 | Report Abuse

maybe Main Main Akan kenaGoreng,,,,

Winner38

472 posts

Posted by Winner38 > 2023-10-09 19:51 | Report Abuse

1 day akan datang goreng.. Now tumis dulu.. Hehe

Winner38

472 posts

Posted by Winner38 > 2023-10-11 17:55 | Report Abuse

Can hit 0020??

tanfooxuan

561 posts

Posted by tanfooxuan > 2023-10-12 11:14 | Report Abuse

MMAG scammers run out of money can come out to search water fish again, don't try to play with them, they will make you lost your hard earn money!!!

adikkici

822 posts

Posted by adikkici > 2023-10-12 11:34 | Report Abuse

Penyamun datang lagi

cK1973

1,527 posts

Posted by cK1973 > 2023-10-12 13:28 | Report Abuse

kaki goreng sudah mai ka.....
ok lah....
beli sikit dulu dan tunggu dia goreng lo...
kikikiki...

Winner38

472 posts

Posted by Winner38 > 2023-10-14 12:13 | Report Abuse

Sudah mari.. Tumis kawkaw.. 0005..
Then 0010 up.. Next week hit 0020~0025
Then down again 0010

Winner38

472 posts

Posted by Winner38 > 2023-10-14 12:16 | Report Abuse

If Ong beli 00050 then sell at 0010..if dare to hold 0020.. Ini Kari Lah..

whistlebower99

4,867 posts

Posted by whistlebower99 > 2023-10-16 20:22 | Report Abuse

FOR NEWBIES

CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN MMAG HOLDINGS BERHAD ("COMPANY") ("MMAG SHARE(S)") HELD AS AT 5.00 P.M. ON 30 OCTOBER 2023 ("ENTITLEMENT DATE") INTO 1 MMAG SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")

Ex-Date 27 Oct 2023

=======
Take note of ex date.
Your shareholding will be reduced by 10 times.
Long term retail shareholders likely to incur huge losses due to the consolidation

Be careful holding high NOSH loss making penny stocks

21spade

173 posts

Posted by 21spade > 2023-10-18 14:51 | Report Abuse

y still no goreng yet? next week deadline

Mie7677

50 posts

Posted by Mie7677 > 2023-10-20 07:48 | Report Abuse

1:10 gang, speculate maybank kasi panas

cK1973

1,527 posts

Posted by cK1973 > 2023-10-20 18:38 | Report Abuse

consolidate ka !!!
10 to 1 ka !!!
finish lo .....
after that only goreng ma....

cK1973

1,527 posts

Posted by cK1973 > 2023-10-24 16:56 | Report Abuse

bila mau consolidate ....
kasi pecah hangus dulu ma....

Winner38

472 posts

Posted by Winner38 > 2023-10-24 18:47 | Report Abuse

Ini kali lah.. Kasi hoot Kawkaw.. Next week terbang...

whistlebower99

4,867 posts

Posted by whistlebower99 > 2023-10-27 12:07 | Report Abuse

FOR NEWBIES

CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN MMAG HOLDINGS BERHAD ("COMPANY") ("MMAG SHARE(S)") HELD AS AT 5.00 P.M. ON 30 OCTOBER 2023 ("ENTITLEMENT DATE") INTO 1 MMAG SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")

Ex-Date 27 Oct 2023

=============
Take note that your shareholdings have been reduced by 10 times
Consolidated NOSH = 242,239,157
Consolidated price = 0.10 (closing price before ex-date = 0.01)

=============
Long term shareholders likely to incur huge losses due to share consolidation

==============
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,453,434,942 NEW MMAG SHARES ("RIGHTS SHARE(S)") 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 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, 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

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3385544

===========
Rights issue coming soon for directors to extract more money from shareholders

Winner38

472 posts

Posted by Winner38 > 2023-10-27 16:22 | Report Abuse

Today bleeding time....

cK1973

1,527 posts

Posted by cK1973 > 2023-10-31 18:28 | Report Abuse

ramai sudah hangus...
what to do.....

Pengibun Pengibun

20 posts

Posted by Pengibun Pengibun > 2023-11-02 16:40 | Report Abuse

Victor Chin Boon Long scammer terbesar malaysia... 🤣🤣🤣🤣

Winner38

472 posts

Posted by Winner38 > 2023-11-06 12:41 | Report Abuse

0090..dropped 10% again today

cK1973

1,527 posts

Posted by cK1973 > 2023-11-08 11:41 | Report Abuse

might go back to 1c....
hangus guys.....

cK1973

1,527 posts

Posted by cK1973 > 2023-11-09 12:08 | Report Abuse

no players ka...
tunggu at 1c first...

AhHuat168

242 posts

Posted by AhHuat168 > 2023-11-10 02:16 | Report Abuse

time to collect and wait

Michael Kwok

6,066 posts

Posted by Michael Kwok > 2023-11-10 12:35 | Report Abuse

Sell call 9 cents
No good.
Buy after 17/11/23.
10/11/23 12.35pm

failorangdalam

19 posts

Posted by failorangdalam > 2023-11-10 20:47 | Report Abuse

*Mafia Korporat Victor Chin Boon Long ‘cuci’ duit di MJets – Kargo Xpress, MAVCOM, CAAM jangan biar isu MYAirline berulang*

https://thecorporates-secret.com/blog/2023/11/10/mafia-korporat-victor-chin-boon-long-cuci-duit-di-mjets-kargo-xpress-mavcom-caam-jangan-biar-isu-myairline-berulang/

whistlebower99

4,867 posts

Posted by whistlebower99 > 2023-11-21 12:03 | Report Abuse

MMAG, HM, INGENIUR, CLASSITA, CSH, HONGSENG
All controlled by same group ?

All are FUND RAISING company via shares issuance to PP, ESOS, RI and then will do share consolidation

Pengibun Pengibun

20 posts

Posted by Pengibun Pengibun > 2023-11-23 13:32 | Report Abuse

lai lai buy sampah😂😂😂

Baby Shark

5,843 posts

Posted by Baby Shark > 2023-11-29 10:53 | Report Abuse

Nanti tutup kedai apa pun talak.. jual aja

PennyStock123

587 posts

Posted by PennyStock123 > 2023-12-04 14:34 | Report Abuse

28 Nov 2023.......1H net profit 0.473 million

cK1973

1,527 posts

Posted by cK1973 > 2023-12-05 10:10 | Report Abuse

kedah macam ni takde tutup punya....
tunggu bos baru aje...

CharlesT

14,572 posts

Posted by CharlesT > 2023-12-08 09:09 | Report Abuse

Still proceed with the rights issues (1:6R@Rm0.10).....

kaki apply kaki song

whistlebower99

4,867 posts

Posted by whistlebower99 > 2023-12-08 09:57 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,453,434,366 NEW ORDINARY SHARES IN MMAG HOLDINGS BERHAD ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 6 RIGHTS SHARES FOR EVERY 1 SHARE HELD AS AT 5.00 P.M. ON 21 DECEMBER 2023 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, TOGETHER WITH UP TO 726,717,183 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

Ex-Date 20 Dec 2023

Date for commencement of trading of rights 22 Dec 2023
Date for cessation of trading of rights 02 Jan 2024

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 15 Jan 2024

Acceptance and Payment 09 Jan 2024 05:00 PM
Excess share application and payment 09 Jan 2024 05:00 PM

Available/Listing Date 23 Jan 2024

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3406455

======================
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN MMAG HOLDINGS BERHAD ("COMPANY") ("MMAG SHARE(S)") HELD AS AT 5.00 P.M. ON 30 OCTOBER 2023 ("ENTITLEMENT DATE") INTO 1 MMAG SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")

Take note share consolidated on 30 Oct 2023 to reduce the NOSH to 242,239,061 shares

==================
Now directors ready to raise fund via massive shares issuance of 1,453,434,366 to raise massive amount exceeding RM100 million from shareholders!!!

===================
After rights issue fund raising, NOSH will exceed 1.5 BILLION shares with about 726,717,183 warrants

Multi year loss making penny stock

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

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

==================
Take care of your hard earned money
Trade cautiously, set realistic target

CharlesT

14,572 posts

Posted by CharlesT > 2023-12-08 11:06 | Report Abuse

On behalf of the Board, TA Securities wishes to announce that the Board had on 7 December 2023 executed the following:

the deed poll constituting the Warrants (“Deed Poll”); and

an underwriting agreement with TA Securities (“Sole Underwriter”), for the underwriting of 80,000,000 Rights Shares together with 40,000,000 Warrants pursuant to the Rights Issue by the Sole Underwriter, representing 44.44% of the issue size of the Rights Issue under the Minimum Subscription Level (“Underwriting Agreement”).

A copy of the Deed Poll and Underwriting Agreement are made available for inspection at the registered office of the Company at Level 15-2 , Bangunan Faber Imperial Court, Jalan Sultan Ismail, 50250 Kuala Lumpur during normal business hours from 9.00 a.m. to 5.00 p.m. from Mondays to Fridays (excluding public holidays) for the period of at least 6 months from the date of this announcement.

This announcement is dated 7 December 2023.

whistlebower99

4,867 posts

Posted by whistlebower99 > 2023-12-08 11:22 | Report Abuse

Could be same group of peoples operating :-

MMAG (formerly INGENUITY CONSOLIDATED BERHAD)
CLASSITA (formerly CAELY HOLDINGS BHD)
INGENIEUR (formerly DYNACIATE GROUP BERHAD)
CSH (formerly KTG BERHAD))
HARVEST MIRACLE (formerly VORTEX CONSOLIDATED BERHAD)
HONG SENG (formerly MSCM HOLDINGS BERHAD)

==================
Change of company name
Fund raising via massive shares issuance to PP, ESOS, RI, etc
Mostly multi year loss making
Eventually shares consolidation after NOSH hit multi BILLION shares

==================
Be careful with your hard earned money
Monitor those that have not undergone shares consolidation.........could happen be in near future

whistlebower99

4,867 posts

Posted by whistlebower99 > 2023-12-08 11:38 | Report Abuse

Worth looking at rights issue of CLASSITA, CSH, HARVEST MIRACLE (formerly Vortex) :-

RENOUNCEABLE RIGHTS ISSUE OF UP TO 965,398,515 NEW ORDINARY SHARES IN CLASSITA HOLDINGS BERHAD (FORMERLY KNOWN AS CAELY HOLDINGS BHD) ("CLASSITA") ("CLASSITA SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 5 RIGHTS SHARES FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF CLASSITA AS AT 5.00 P.M. ON 14 JUNE 2023, TOGETHER WITH UP TO 579,239,109 FREE DETACHABLE WARRANTS ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR, AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE ("RIGHTS ISSUE")

Closing price (7/12/23) 0.045 !!!

====================
RENOUNCEABLE RIGHTS ISSUE OF UP TO 690,705,280 NEW ORDINARY SHARES IN CSH ALLIANCE BERHAD (FORMERLY KNOWN AS KTG BERHAD) ("CSH") ("CSH SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING CSH SHARE HELD AS AT 5.00 PM ON 21 DECEMBER 2021 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE, TOGETHER WITH UP TO 690,705,280 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR ("RIGHTS ISSUE")

Current price (7/12/23) 0.05

=====================
RENOUNCEABLE RIGHTS ISSUE OF UP TO 364,478,577 NEW ORDINARY SHARES IN VORTEX CONSOLIDATED BERHAD ("VORTEX" OR "COMPANY") ("VORTEX SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 30 MARCH 2021 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.17 PER RIGHTS SHARE, TOGETHER WITH UP TO 291,582,861 FREE DETACHABLE WARRANTS C ("WARRANTS C") ON THE BASIS OF 4 WARRANTS C FOR EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

Current share price (7/12/23) 0.11

=================
Same will happen to MMAG
Place your bet

CharlesT

14,572 posts

Posted by CharlesT > 2023-12-08 11:43 | Report Abuse

As long as mother's price below 0.10, Victor Chin has to sapu the rights by himself....bsides the 80m underwritten one

CharlesT

14,572 posts

Posted by CharlesT > 2023-12-20 10:29 | Report Abuse

Looks like Boon Long has to sapu 99% of the rights issues

Lee Ying Yee

267 posts

Posted by Lee Ying Yee > 2023-12-21 11:56 | Report Abuse

R+W become rubbish ? china unfinished building ??

harryharry

2 posts

Posted by harryharry > 2023-12-22 20:28 | Report Abuse

今天突然多了一个 mmag-or在持有的股票中？怎么回事？我没买过这个东西啊

PennyStock123

587 posts

Posted by PennyStock123 > 2023-12-26 18:21 | Report Abuse

its given to you.....u can sell if u want....last day to sell is 29 Dec 2023....

whistlebower99

4,867 posts

Posted by whistlebower99 > 2023-12-28 08:47 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,453,434,366 NEW ORDINARY SHARES IN MMAG HOLDINGS BERHAD ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 6 RIGHTS SHARES FOR EVERY 1 SHARE HELD AS AT 5.00 P.M. ON 21 DECEMBER 2023 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, TOGETHER WITH UP TO 726,717,183 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

Ex-Date 20 Dec 2023

Date for commencement of trading of rights 22 Dec 2023
Date for cessation of trading of rights 02 Jan 2024

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 15 Jan 2024

Acceptance and Payment 09 Jan 2024 05:00 PM
Excess share application and payment 09 Jan 2024 05:00 PM

Available/Listing Date 23 Jan 2024

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3406455

======================
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN MMAG HOLDINGS BERHAD ("COMPANY") ("MMAG SHARE(S)") HELD AS AT 5.00 P.M. ON 30 OCTOBER 2023 ("ENTITLEMENT DATE") INTO 1 MMAG SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")

Take note share consolidated on 30 Oct 2023 to reduce the NOSH to 242,239,061 shares

==================
Now directors ready to raise fund via massive shares issuance of 1,453,434,366 to raise massive amount exceeding RM100 million from shareholders!!!

===================
After rights issue fund raising, NOSH = 1,695,673,427 !!!
With about 726,717,183 warrants

Multi year loss making penny stock

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

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

==================
Take care of your hard earned money
Trade cautiously, set realistic target

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