Posted by hck1981 > 2021-10-26 09:12 | Report Abuse

then 0 40 due to 2 side war !!!

Posted by hck1981 > 2021-10-26 09:14 | Report Abuse

have u all notice that Another side slowly slowly accumulate by everyday up 0.005....now already become 0.10 from 0.07.....

Posted by hck1981 > 2021-10-26 09:15 | Report Abuse

but due to war already start...thus later the accumulate will become faster as 2 side fight to accumulate more VC mother share

Posted by cbkia4896 > 2021-10-26 09:37 | Report Abuse

i died inside at .32, can come save me ah

Posted by hck1981 > 2021-10-26 09:38 | Report Abuse

no worry....rm0.40 is coming

Posted by SWX1987 > 2021-10-26 10:06 | Report Abuse

are you guys sure there is a war? it may be just a show.....hahahhahaah!!!!!

Posted by fl888 > 2021-10-26 10:11 | Report Abuse

Million RMs are involved at this volume…hope the Company have something good to announce for the sake of minority investors…too big a volume to fall back below 10cts hopefully

Posted by fl888 > 2021-10-26 11:46 | Report Abuse

Big Buying Support at 0.0095 against Big Selling Support at 0.105…..which price will break first..

Posted by cbkia4896 > 2021-10-26 11:48 | Report Abuse

dont dare to average down, but tkpp it goes up pls

Posted by hck1981 > 2021-10-26 12:41 | Report Abuse

slowly slowly up is good as the buyer really want to buy more VC mother share to keep for next 4th EGM....

Posted by hck1981 > 2021-10-26 12:42 | Report Abuse

sorry is 3th Nov EGM

Posted by hck1981 > 2021-10-26 12:43 | Report Abuse

but sure there will be a big up to accumulate more VC mother share before 3th Nov...

Posted by Orang_Melaka > 2021-10-26 14:41 | Report Abuse

17 sen RI is a scam. Don't vote BN on 20th Nov PRN Melaka tell your friends, relatives in Melaka.

Posted by Orang_Melaka > 2021-10-26 14:47 | Report Abuse

PRN Melaka BN mesti lenyap. Cannot kaw tim con bankers. Let PH do better job.

Posted by Orang_Melaka > 2021-10-26 14:49 | Report Abuse

If Melaka no brave people how come zaman kesultanan Melaka got Hang Tuah, Hang Jebat stories?

Posted by Orang_Melaka > 2021-10-26 14:51 | Report Abuse

17 sen RI who say no con? I3 members also support?

Posted by fl888 > 2021-10-26 14:56 | Report Abuse

VC has become Melaka election stock favourite ?

Posted by whistlebower99 > 2021-10-26 15:34 | Report Abuse

1. FUND RAISING EXERCISE AGAIN

Circular to shareholders in relation to the proposed private placement of up to 388,463,200 new ordinary shares in Vortex Consolidated Berhad ("Vortex") ("Vortex Shares") ("Placement Shares"), representing up to 40% of Vortex Shares in issue (excluding treasury shares, if any) ("Proposed 40% Private Placement")

https://www.klsescreener.com/v2/announcements/view/3439621

Date Announced 13 Oct 2021


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

2. CONVERSION OF WARRANTS AT 0.17 PER SHARE !!!


Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants-C
No. of shares issued under this corporate proposal 60,704,100
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1700
Latest issued share capital after the above corporate proposal in the following Units 726,008,852
Issued Share Capital ($$) Malaysian Ringgit (MYR) 230,703,562.570
Listing Date 21 Oct 2021

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

Directors intention to issue 40% of new shares will dilute substantial shareholders percentage.
40% is massive !!!

Tug of war going on between directors and substantial shareholders ???

Or exercising warrants to approve the proposal ???

Posted by Reap88 > 2021-10-26 18:47 | Report Abuse

40% PP is initiated by BOD. If approved small shareholders like us will be at a disadvantage as new shareholders will be eligible to buy a large number of shares at a much lower price than most of our holding cost. If the 40% PP approved the person or company that converted will see the stake of 60M shares being diluted as the PP will allow others to buy in cheaply. Not in the interest of the person or company to allow the EGM proposal to be approved. Will definitely try to block by accumulating more shares than CSY & CPH. Small shareholders like us should attend the EGM to oppose the proposal.

Posted by Reap88 > 2021-10-26 19:14 | Report Abuse

As of yesterday CSY only has 177M. CPH does not hold any shares Free float is estimated to be 450M shares The party or company that converted the 60M VC is still a mystery. May still have a number of shares or warrants yet to be disclosed but CSY & CPH being directors have to disclose their shareholdings and is an open secret unless they buy in more substantially today. My feelings is the party that did the conversion would have study carefully and weigh the risk and the consequences of failure before making such a move.

Posted by fl888 > 2021-10-26 20:17 | Report Abuse

Likely the parties that converted the WCs at 17.5 cts could have quietly collected more than 177m mother shares the past few months between 7-9cts…making the average price holding at 11-12cts compared to CSY holding cost of at least 15cts unless `CSY has bought a lot today at 10cts…making her average price to about 12-13cts…what is it in VC that make the BOD,shareholders, directors so interested suddenly…?

Posted by Reap88 > 2021-10-26 21:36 | Report Abuse

f1888, You could be right. The party that converted may have already quietly collected VC. BOD could be caught off guard hence need to come out with statement to bursa of intention to deal to fend off a hostile bid. If CSY lost control will lose big time as last year converted VC PA at a high cost, diluted with share consolidation as well as subscribed to RI at RM0.17 The question of cost is now secondary. Which party will eventually have controlling interest. If CSY have anticipated a take over will not have sold off all her VC WC

Posted by MatDangz > 2021-10-26 23:59 | Report Abuse

Hold or TP. Any advice?

Posted by Alexander78 > 2021-10-27 07:20 | Report Abuse

Today 0.13 cent???

Posted by Sandlejepon > 2021-10-27 07:37 | Report Abuse

Very cun lah kali ini.Lama hold sudah.

Posted by Alexander78 > 2021-10-27 07:54 | Report Abuse

let pray today will flying

Posted by fl888 > 2021-10-27 08:44 | Report Abuse

Hope the Big selling block at 10.5 is smashed today

Posted by Alexander78 > 2021-10-27 09:07 | Report Abuse

wowwww!!!!! big fight

Posted by Orang_Melaka > 2021-10-27 09:08 | Report Abuse

Pushing down then up again lately all dirty bankers work? Govn cannot do anything? BN/PN must go?

Posted by fl888 > 2021-10-27 09:11 | Report Abuse

do not look good ....and looks like a Scam by ???? to sell at 10.5 by sharks who has collected at 7-9cts. I sold at 10.5 to be safe..

Posted by whistlebower99 > 2021-10-27 09:18 | Report Abuse

1. FUND RAISING EXERCISE AGAIN

Circular to shareholders in relation to the proposed private placement of up to 388,463,200 new ordinary shares in Vortex Consolidated Berhad ("Vortex") ("Vortex Shares") ("Placement Shares"), representing up to 40% of Vortex Shares in issue (excluding treasury shares, if any) ("Proposed 40% Private Placement")

https://www.klsescreener.com/v2/announcements/view/3439621

Date Announced 13 Oct 2021

=================================================
Fund raising by adding 40% new shares to the market is massive exercise.

Directors have immense power to reduce shareholders equity % and substantial shareholders might ceased to be substantial shareholders due to the additional shares issued.

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

TAYOR

Posted by Orang_Melaka > 2021-10-27 09:20 | Report Abuse

20 sen min by Nov 20th PRN Melaka or we vote PH.

Posted by hassim85 > 2021-10-27 09:34 | Report Abuse

oh no.
no no no no no no...

Posted by Gordon Weng M.T > 2021-10-27 09:36 | Report Abuse

what happened ???

Posted by zhm540 > 2021-10-27 09:37 | Report Abuse

Told you already not to play this counter... now all the way down to 7s again

Posted by SWX1987 > 2021-10-27 09:38 | Report Abuse

erm......what war???!!! what accumalate??? i guess you think too much hahahahaha

Posted by bulldog > 2021-10-27 09:40 | Report Abuse

Accumulation in progress 8.5

Huat chaiii

Posted by fl888 > 2021-10-27 09:44 | Report Abuse

Computer program play by Sharkies....7-8 cts collection again???

Posted by whistlebower99 > 2021-10-27 09:59 | Report Abuse

GENERAL MEETINGS: Notice of Meeting
VORTEX CONSOLIDATED BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description
VORTEX CONSOLIDATED BERHAD ("Company" or "VORTEX") - Extraordinary General Meeting ("EGM")
Date of Meeting 03 Nov 2021
Time 09:30 AM

1. ORDINARY RESOLUTION
Description
PROPOSED PRIVATE PLACEMENT OF UP TO 388,463,200 NEW ORDINARY SHARES IN VORTEX ("VORTEX SHARES") ("PLACEMENT SHARES"), REPRESENTING UP TO 40% OF VORTEX SHARES IN ISSUE (EXCLUDING TREASURY SHARES, IF ANY).
Shareholder’s Action For Voting

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

1. FUND RAISING EXERCISE AGAIN

Circular to shareholders in relation to the proposed private placement of up to 388,463,200 new ordinary shares in Vortex Consolidated Berhad ("Vortex") ("Vortex Shares") ("Placement Shares"), representing up to 40% of Vortex Shares in issue (excluding treasury shares, if any) ("Proposed 40% Private Placement")

https://www.klsescreener.com/v2/announcements/view/3439621

Date Announced 13 Oct 2021


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

2. CONVERSION OF WARRANTS AT 0.17 PER SHARE !!!


Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants-C
No. of shares issued under this corporate proposal 60,704,100
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1700
Latest issued share capital after the above corporate proposal in the following Units 726,008,852
Issued Share Capital ($$) Malaysian Ringgit (MYR) 230,703,562.570
Listing Date 21 Oct 2021

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

Directors intention to issue 40% of new shares will dilute substantial shareholders percentage.
Fund raising by issuing 40% new shares is massive !!!


60,704,100 shares converted from warrants represent 8.36% of shareholdings. Will there be a new substantial shareholder?

Will the warrant converter support or oppose the proposed fund raising during the EGM???

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

Posted by Orang_Melaka > 2021-10-27 10:13 | Report Abuse

Bankers con i3 members still deny? Vote BN/PN you lose more $.

Posted by bulldog > 2021-10-27 10:18 | Report Abuse

Give up...cut loss...move on


Huat chaiii

Posted by Orang_Melaka > 2021-10-27 10:19 | Report Abuse

Dap or Anwar we want. The rest useless to curb sharks/operators.

Posted by fl888 > 2021-10-27 11:31 | Report Abuse

40% PP to pay for Lourves project in Kajang....can borrow from Bank better....

Posted by Reap88 > 2021-10-27 11:38 | Report Abuse

You are right f1888 VC BOD can easily take a bank loan to complete the project instead of a massive 40% PP. Irresponsible. Do not care for small shareholders interest

Posted by CITADEL > 2021-10-27 11:49 |

Post removed.Why?

Posted by Reap88 > 2021-10-27 12:08 | Report Abuse

At RM0.085 buying opportunity

Posted by Sandlejepon > 2021-10-27 14:55 | Report Abuse

Apa sudah jadi......pullback la weiiii

Posted by nobodyisland > 2021-10-27 16:56 | Report Abuse

titanic

Posted by whistlebower99 > 2021-10-27 17:11 | Report Abuse

Goreng pisang stock active for few days not noticed by Bursa surveillance team ?

Why no issue UMA on cheap price penny stocks price surge?

Posted by MatDangz > 2021-10-27 18:55 | Report Abuse

Mcm kanger j nie