METRONIC GLOBAL BHD

KLSE (MYR): MTRONIC (0043)

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Last Price

0.015

Today's Change

-0.005 (25.00%)

Day's Change

0.015 - 0.02

Trading Volume

908,500


13 people like this.

12,042 comment(s). Last comment by sunsetbiz 3 weeks ago

Posted by azakwan480 > 2021-11-22 11:46 | Report Abuse

Bursa still sleeping........

fl888

7,533 posts

Posted by fl888 > 2021-11-22 12:27 | Report Abuse

If consolidation done at 0.00cts, then what will be the consolidation price and RI price for Metronics….can become 0 share capital based company…?

sunsetbiz

739 posts

Posted by sunsetbiz > 2021-11-22 12:33 | Report Abuse

see 1c now...after consol will also back to same 1 c.

BE_GREEEEEDY

1,589 posts

Posted by BE_GREEEEEDY > 2021-11-22 16:52 | Report Abuse

don't be a crying baby mehhh....
actually enjoy riding with them win win situation $
huartt chaiii

BILLC

2,029 posts

Posted by BILLC > 2021-11-22 17:14 |

Post removed.Why?

oskchoon

3,186 posts

Posted by oskchoon > 2021-11-22 18:09 | Report Abuse

AT Systematization is next for big share consolidation exercise...

BE_GREEEEEDY

1,589 posts

Posted by BE_GREEEEEDY > 2021-11-22 19:33 | Report Abuse

Bornoil , xox is next for consilidation

fl888

7,533 posts

Posted by fl888 > 2021-11-22 20:34 | Report Abuse

PAS should try and ban KLSE, which is worse than 4D betting…

BE_GREEEEEDY

1,589 posts

Posted by BE_GREEEEEDY > 2021-11-22 23:10 | Report Abuse

hmmm there is Afghanistan / Taliban stock exchange in Kabul mehhh

stockraider

31,556 posts

Posted by stockraider > 2021-11-23 13:16 | Report Abuse

just stay away from this kon stock mah!

sunsetbiz

739 posts

Posted by sunsetbiz > 2021-11-24 09:49 | Report Abuse

u org jangan mimpi la...tunggu 2c saja...sudah pasti dapat ini .

Icon 888

2,215 posts

Posted by Icon 888 > 2021-11-25 01:29 | Report Abuse

1.5sen

Icon 888

2,215 posts

Posted by Icon 888 > 2021-11-25 01:30 | Report Abuse

1 sen pun boleh

prince4

1,456 posts

Posted by prince4 > 2021-11-25 10:15 | Report Abuse

below 5 cents stock cannot buy most of them company will make shares consolidation

bpsiah

146 posts

Posted by bpsiah > 2021-11-28 16:19 | Report Abuse

How on earth the authorities allow such kind of actions is beyond me.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-11-29 09:20 | Report Abuse

all in 0.005 ? or 0.01 ?

hoot9e996

1,813 posts

Posted by hoot9e996 > 2021-11-29 09:35 | Report Abuse

man PAPER LOSS IS HUGE didnt want to cut loss few months back now recall how dumb i was to bet con haha lesson learnt

oskchoon

3,186 posts

Posted by oskchoon > 2021-12-08 17:17 | Report Abuse

Fintec is to propose big share consolidation exercise plus Rights issues with free warrants.. .beware.. don't jump into the black holes ..

Posted by whistlebower99 > 2021-12-13 17:06 | Report Abuse

FOR NEWBIES

MULTIPLE PROPOSALS METRONIC GLOBAL BERHAD
(I) PROPOSED DIVERSIFICATION;
(II) PROPOSED SHARE CONSOLIDATION; AND
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS

https://www.klsescreener.com/v2/announcements/view/3459535

(i) proposed diversification of the existing business of Metronic and its subsidiaries (“Metronic Group” or the “Group”) to include the design, research and development, installation, engineering, procurement, construction, commissioning and maintenance of solar PV panels, equipment and facilities and other related activities including solar leasing (“Solar Energy Business”) (“Proposed Diversification”);

(ii) proposed consolidation of every 10 existing ordinary shares in Metronic (“Metronic Shares” or “Shares”) into 1 Share (“Consolidated Share”) (“Proposed Share Consolidation”); and

(iii) proposed renounceable rights issue of up to 1,742,433,306 new Shares (“Rights Shares”) together with up to 580,811,102 free detachable warrants in the Company (“Warrants B”) on the basis of 6 Rights Shares together with 2 free Warrants B for every 1 Consolidated Share held by the entitled shareholders of the Company on an entitlement date to be determined (“Entitlement Date”) (“Entitled Shareholders”) (“Proposed Rights Issue with Warrants”).

Date Announced 19 Nov 2021

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

NEWBIES be reminded of above proposals which require shareholders to fork out more money to donate to directors fund raising exercise.

Fast, easy convenient way for directors to raise probably RM100 mil (if rights issue price is 10sen)

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

Trade wisely

kenie

1,641 posts

Posted by kenie > 2022-01-05 15:29 | Report Abuse

METRONIC GLOBAL BHD
MULTIPLE PROPOSALS
PROPOSED DIVERSIFICATION;
(II) PROPOSED SHARE CONSOLIDATION; AND
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS

Legend

4,119 posts

Posted by Legend > 2022-01-05 16:22 | Report Abuse

Tomorrow sudah ada breakfast

Citadel12

1,045 posts

Posted by Citadel12 > 2022-01-05 16:55 |

Post removed.Why?

Legend

4,119 posts

Posted by Legend > 2022-01-05 18:22 | Report Abuse

retailer like you.. scalper trader take profit already.. haha

fl888

7,533 posts

Posted by fl888 > 2022-01-05 21:23 | Report Abuse

See What Tan Sri Lee did to SMT…So hopefully same here.. ha-ha

HrryPttr

1,975 posts

Posted by HrryPttr > 2022-01-17 04:36 | Report Abuse

U buy u die

taihai

477 posts

Posted by taihai > 2022-01-25 14:32 | Report Abuse

2022 conso n ri 1. ages , 2. mtronic .3 .?

Posted by whistlebower99 > 2022-01-25 15:35 | Report Abuse

FOR NEWBIES

METRONIC GLOBAL BERHAD (METRONIC OR THE COMPANY)

(ii) proposed consolidation of every 10 existing ordinary shares in Metronic (“Metronic Shares” or “Shares”) into 1 Share (“Consolidated Share”) (“Proposed Share Consolidation”); and

(iii) proposed renounceable rights issue of up to 1,742,433,306 new Shares (“Rights Shares”) together with up to 580,811,102 free detachable warrants in the Company (“Warrants B”) on the basis of 6 Rights Shares together with 2 free Warrants B for every 1 Consolidated Share held by the entitled shareholders of the Company on an entitlement date to be determined (“Entitlement Date”) (“Entitled Shareholders”) (“Proposed Rights Issue with Warrants”).


On behalf of the Board, Mercury Securities wishes to announce that Bursa Securities had, vide its letter dated 24 January 2022, approved the following:-

(i) admission to the Official List and listing and quotation of up to 580,811,102 Warrants B to be issued pursuant to the Proposed Rights Issue with Warrants;

(ii) listing and quotation of up to 1,742,433,306 Rights Shares to be issued pursuant to the Proposed Rights Issue with Warrants;

(iii) listing and quotation of up to 66,130,490 additional Warrants A to be issued pursuant to the adjustments to the exercise price and number of Warrants A as a result of the Proposed Share Consolidation and Proposed Rights Issue with Warrants (as the case may be) in accordance with provisions of Deed Poll A (“Additional Warrants A”);

(iv) listing and quotation of up to 580,811,102 new Metronic Shares to be issued arising from the exercise of the Warrants B; and

(v) listing and quotation of up to 66,130,490 new Metronic Shares to be issued arising from the exercise of the Additional Warrants A.

The approval by Bursa Securities is subject to the following conditions:-

https://www.klsescreener.com/v2/announcements/view/3493285

========================
One step closer to implementation of shares consolidation and rights issue with free warrant.
One step closer for directors to raise multi-million dollar from shareholders.

========================
See price movement of other penny stocks with similar corporate exercise for guidance
Pasukgb, lambo, pdz, sanichi, trive, mtouche, etc

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

taihai

477 posts

Posted by taihai > 2022-01-28 22:11 | Report Abuse

2022 conso n ri 3 . inix 4 .?

taihai

477 posts

Posted by taihai > 2022-01-29 21:09 | Report Abuse

2022 comso n ri 3. inix 4. thhervy 5...........?

taihai

477 posts

Posted by taihai > 2022-02-05 21:07 | Report Abuse

5. aax

freddiehero

16,715 posts

Posted by freddiehero > 2022-02-05 22:42 | Report Abuse

apa itu, aha

Posted by zenbeginner > 2022-02-08 11:28 | Report Abuse

Bila consolidate?

taihai

477 posts

Posted by taihai > 2022-02-09 21:35 | Report Abuse

2022 conso 5. axx 6. kanger 7....

fl888

7,533 posts

Posted by fl888 > 2022-02-09 23:56 | Report Abuse

Abort consolidation ?

fl888

7,533 posts

Posted by fl888 > 2022-02-15 20:44 | Report Abuse

KLSE should reject the extension of their con proposal and let Metronics operates as it is…

HrryPttr

1,975 posts

Posted by HrryPttr > 2022-02-16 17:05 | Report Abuse

Go read the Fintec syndicate. Never buy their stock!

Posted by whistlebower99 > 2022-02-18 16:07 | Report Abuse

MTRONIC INVESTMENT IN PENNY STOCK

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
M N C WIRELESS BERHAD

Particulars of substantial Securities Holder
Name METRONIC GLOBAL BERHAD
Acquisition of shares via open market

Direct (units) 137,356,400
Direct (%) 12.063
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0
Date of notice 06 Feb 2020

=======================
Notice of Person Ceasing (29C)
NETX HOLDINGS BERHAD

Particulars of Substantial Securities Holder
Name METRONIC GLOBAL BERHAD

No of securities disposed 50,000,000
Disposal of shares through open market
Nature of interest Direct
Date of notice 07 Nov 2016

=========================
CONTINUE TO MONITOR :-
UTILISATION OF COMPANY FUND FOR STOCK INVESTMENT
DIRECTORS PLAN TO RAISE MORE FUND VIA SHARE ISSUANCE TO ESOS, PP
FINANCIAL RESULT FOR NEXT FEW QUARTERS (COMING SOON BY MONTH END)

cK1973

1,527 posts

Posted by cK1973 > 2022-02-19 10:01 | Report Abuse

Horrible counter.

Posted by whistlebower99 > 2022-03-01 11:33 | Report Abuse

FOR NEWBIES

LATEST QR

ANOTHER LOSS
4 Profit/(loss) attributable to ordinary equity holders of the parent -814,000


https://www.klsescreener.com/v2/stocks/financial-report/0043/2021-12-31

https://www.klsescreener.com/v2/stocks/view/0043/metronic-global-berhad

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

SHARES CONSOLIDATION COMING VERY SOON

=====================
Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
Metronic Global Berhad ("Metronic" or "the Company") - Notice of Extraordinary General Meeting
Date of Meeting 21 Mar 2022
Time 10:00 AM

2. Special Resolution
Description
PROPOSED CONSOLIDATION OF EVERY 10 ORDINARY SHARES IN METRONIC INTO 1 SHARE ("CONSOLIDATED SHARE")
Shareholder’s Action For Voting

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

TAYOR

Icon 888

2,215 posts

Posted by Icon 888 > 2022-03-06 03:13 | Report Abuse

Hit n run

Posted by whistlebower99 > 2022-03-16 12:35 | Report Abuse

Notice to Warrant Holders in relation to the Expiry and Final Exercise of Warrants 2019/2022
https://www.klsescreener.com/v2/announcements/view/3518473

===========

WA = 410,253,977 (worthless)
Maturity 2022-04-16
Strike value 0.0800

fl888

7,533 posts

Posted by fl888 > 2022-03-18 09:57 | Report Abuse

Look what Datuk Tan did to SMT similar to Metronic.....minority shareholders should bash at EGM on 21-3-22 and reject the con proposal..

Icon 888

2,215 posts

Posted by Icon 888 > 2022-03-22 23:21 |

Post removed.Why?

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-22 23:31 | Report Abuse

man my relative bought this at 10c, she didnt want to cutloss at 8/7/6/5/4/3c
now she gave up, kena con until speechless say investing > FD
that only work if you invest in solid companies with either growth / dividends
not CON SH!T counter, rip to her savings, she lost like 80k just this crap counter alone hoping it would go back up

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-03-22 23:34 | Report Abuse

mtronic / alam / sanichi / g3
she lived at penthouse in these 4 counters, not wanting to cutloss early.
now its like no point cut already lose so much might as well leave it and pray for some SUCKER to get trap which i doubt

Icon 888

2,215 posts

Posted by Icon 888 > 2022-03-24 00:25 | Report Abuse

Penny lai lai

Icon 888

2,215 posts

Posted by Icon 888 > 2022-03-30 01:57 |

Post removed.Why?

fl888

7,533 posts

Posted by fl888 > 2022-03-30 14:47 | Report Abuse

Go up like SMT…..DATUK Tan playing it…

cysunut16

144 posts

Posted by cysunut16 > 2022-03-30 15:09 | Report Abuse

Aiyo so berani take position

fl888

7,533 posts

Posted by fl888 > 2022-03-30 15:21 | Report Abuse

Pushing to 5cts for 10 to 1 consolidation….then RI at 8cts to have more funding…possible

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