Posted by nobodyisland > 2022-04-18 10:40 | Report Abuse

Omg!!!

Posted by kentrade888 > 2022-04-18 15:51 | Report Abuse

After 0.20, it will rush up to 0.50.

Posted by kentrade888 > 2022-04-18 15:55 | Report Abuse

（吉隆坡15日讯）OPCOM控股（OPCOM,0035,创业板电讯媒体组）持有60%股权的Opcom Vision公司，接受VC电讯公司颁发2500万令吉得标信函，以作为VC电讯公司的项目顾问，提供POP1项目数据中心的设计和顾问服务。OPCOM控股发文告表示，期限是从2022年4月12日至2023年4月11日。

双方将在30天内签署正式合约。

Posted by soso9999 > 2022-04-18 16:05 | Report Abuse

This vc not related la

Posted by kahfui1221 > 2022-04-18 16:38 | Report Abuse

Working experience and occupation After his secondary education in year 1991, Dato' Liu Han Ming ventured into trading of consumers and food products before leaving to Singapore to pursue his career in the construction industry in Year 1994. In 2005, he returned to Malaysia to set up his own business venture, Hup Lee Plantation Sdn. Bhd., mainly involved in agriculture and plantation. Subsequently, he diversified his business into hotel management and set up Rest Inn Hotel Sdn. Bhd. in Year 2010. He further expanded into construction of properties via Twoble Development Sdn. Bhd. in Year 2018 and Classic Vantage Development Sdn. Bhd. in Year 2020. He is also a director and major shareholder of several other private companies mainly dealing in plantations and construction businesses.

Posted by kahfui1221 > 2022-04-18 16:39 | Report Abuse

touching 8 soon

Posted by soso9999 > 2022-04-20 00:15 | Report Abuse

tomorrow

Posted by SuperWisdom > 2022-04-20 05:33 | Report Abuse

Today 0.25

Posted by soso9999 > 2022-04-20 09:42 | Report Abuse

selling pressure coming... sold at 0.19

Posted by zhm540 > 2022-04-20 10:00 | Report Abuse

not really selling pressure but movement blocked by operator. possible collection in place before it moves higher.

Posted by nobodyisland > 2022-04-20 10:08 | Report Abuse

operator blocked it.

Posted by kahfui1221 > 2022-04-20 14:53 | Report Abuse

hmmmmmm no movement today

Posted by nobodyisland > 2022-04-20 15:14 | Report Abuse

0.48 again..

Posted by Peace99 > 2022-04-20 16:39 | Report Abuse

Why would a PA holder convert to share by paying 0.48?

Posted by zhm540 > 2022-04-20 21:37 | Report Abuse

remember last time madam converted her PA at 15s when the share was only 8s?

Posted by SuperWisdom > 2022-04-20 22:39 | Report Abuse

Mistake. Priced in may be.

Posted by Michael Kwok > 2022-04-21 00:14 |

Post removed.Why?

Posted by zhm540 > 2022-04-21 09:44 | Report Abuse

with palm oil price at high side, the downside risk for VC is very low.... in fact it should be higher than 19s now..

Posted by nizam > 2022-04-22 11:40 | Report Abuse

now volume big

Posted by nizam > 2022-04-22 11:40 | Report Abuse

not move up look like boss selling

Posted by soso9999 > 2022-04-22 12:26 | Report Abuse

Run before too late dun believe me
Will lose money

Posted by Peace99 > 2022-04-24 13:53 | Report Abuse

Indonesia stop palm oil export and more conversion of warrants, both good for company, so expecting up!

Posted by nobodyisland > 2022-04-25 16:53 | Report Abuse

daily drop 0.005 sen.

Posted by 8888_ > 2022-04-28 21:15 | Report Abuse

Vortex to buy RM246m worth of properties in Genting Highlands
theedgemarkets.com
/
theedgemarkets.com

April 28, 2022 20:29 pm +08
-A+A
KUALA LUMPUR (April 28): Information technology and property construction company Vortex Consolidated Bhd is acquiring 187 units of serviced apartments in an on-going property development called Antara @ Genting Highlands in Pahang that is undertaken by Aset Kayamas Sdn Bhd for RM246.35 million cash.

In a bourse filing on Thursday (April 28), Vortex said it has entered into a conditional sale and purchase agreement with developer Aset Kayamas for the proposed acquisition.

Spanning 2.163ha, Antara @ Genting Highlands features four blocks of serviced apartments with common facilities/amenities, commercial/retail space and an elevated car park podium. The proposed development, with a gross development value of RM2.24 billion, will be carried out in two phases, of which both phases are expected to be completed by the third quarter of 2025. As at April 20 2022, the proposed development was 16% complete.

Currently, Vortex’s property portfolio comprises a mix of commercial and residential properties. It said the proposed acquisition will enable the group to have exposure in sizable investment properties at strategic location to diversify and supplement its future income stream via rental income.

"This is also in anticipation that the demand for properties at or surrounding Genting Highlands is expected to increase in the future in view that the global and Malaysian economies are entering the endemic phase of the Covid-19 outbreak with the rollout of vaccines and the progressive recovery phase of the Malaysian economy, especially in the retail, commercial and tourism industries," said Vortex.

Vortex shares closed unchanged at 18 sen on Thursday, bringing a market capitalisation of RM194.18 million.
https://www.theedgemarkets.com/article/vortex-acquire-187-serviced-apartments-genting-rm246-mil

Posted by 8888_ > 2022-04-28 21:28 | Report Abuse

RTO by Chai Kin Kong?

tklim BLOODY CHEAP

ANYONE CAN DO A HOSTILE TAKE OVER ON THIS COMPANY
27/04/2022 8:15 AM

Posted by 8888_ > 2022-04-29 09:08 | Report Abuse

19-19.5 sen done. Pity haters.

Posted by 8888_ > 2022-04-29 10:22 | Report Abuse

Why up not down instead if bad news?

Posted by 8888_ > 2022-04-29 10:55 | Report Abuse

Kanger lousy company(cannot pay) so Chai Kin Kong sell to VC instead?

JJPTR

Vc only got 11m cash ,how to buy 246m worth of condo from Antara Asset?
By the way ,Kanger also buy 145m worth of condo from Antara Asset,Chai King Kong company.
So 225m cash most like willcome from massive multi billion right issues.
be careful. First stage of pump to print and print going on

13 hours ago

Posted by 8888_ > 2022-04-29 11:04 | Report Abuse

Only 1 kilometer Antara from Resort World Genting. Sure sell very well when service apartment complete.

Posted by 8888_ > 2022-04-29 11:27 | Report Abuse

SGD 1= RM 3.15; Antara service apartments sure S'porean can buy.

Posted by whistlebower99 > 2022-04-29 13:03 | Report Abuse

Kanger directors raise fund via rights issue to partly fund the purchase of the serviced apartment from KAYAMAS
(An acquisition of Tower A, Antara @ Genting Highlands which consists of 126 serviced apartments for a cash consideration of RM142,870,000.00.)

VC directors utilising portion of company fund (fund raising via share issuance) to purchase the serviced apartment from KAYAMAS

(Vortex Consolidated Bhd has entered into a conditional sale and purchase agreement with developer Aset Kayamas Sdn Bhd to acquire 187 units of serviced apartments worth RM246.35 million in an ongoing development in Genting Highlands.)

================
Congrats to KAYAMAS owner, the one profiting from above deals.

Kanger and VC spending lots of company fund raised from share issuance

How will VC price react after the news?

Posted by 8888_ > 2022-04-29 13:46 | Report Abuse

So far is up. How does Kanger share react?

Posted by whistlebower99 > 2022-04-29 15:25 | Report Abuse

Kanger rights issue price has dropped 90%
Rights issue price @ 6sen
Shares consolidation after rights issue 10:1
Current price 6.5sen

Posted by 8888_ > 2022-04-29 15:55 | Report Abuse

VC no mention need further RI. Still subject to shareholders approval on Antara acquisition.

Posted by 8888_ > 2022-04-29 15:57 | Report Abuse

Am I only shareholders? Why haters post I must answer not others?

Posted by 8888_ > 2022-04-29 15:59 | Report Abuse

Kanger got cheap ESOS eg at 6.3 sen(compare to mother 6.5 sen) but not VC haha.

Posted by 8888_ > 2022-04-29 16:01 | Report Abuse

Kanger QR big loss not VC why whistlebower99 doesn't know? He newbie is real?

Posted by whistlebower99 > 2022-04-29 16:21 | Report Abuse

Annual losses in last 3 years
Mostly losses in last 15 years

https://www.klsescreener.com/v2/stocks/view/0060/vortex-consolidated-berhad

=================
Aset Kayamas benefited from the sales, its price should fly if it is listed.

Should VC price move up too for purchasing service apartments that are still not completed.

=================
On behalf of the Board of Directors of Vortex (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company had, on 28 April 2022, entered into a conditional sale and purchase agreement (“SPA”) with the developer, Aset Kayamas Sdn. Bhd. (“AKSB” or “Vendor” or “Developer”), for the proposed acquisition by the Company of 187 units of proposed serviced apartments located on the 7th, 12th to 29th and 46th to 49th floors of Tower A, Antara @ Genting Highlands (an on-going property development on a freehold land held under Title No. GRN 45572, Lot 43031, Mukim and District of Bentong, State of Pahang Darul Makmur) (“Subject Properties”) for a total cash consideration of RM246,348,000 (“Purchase Consideration”) (“Proposed Acquisition”).

Please refer to the attachment below for further details of the Proposed Acquisition.

This announcement is dated 28 April 2022.

https://www.klsescreener.com/v2/announcements/view/3542167

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

Posted by 8888_ > 2022-04-29 19:24 | Report Abuse

VC up 1 sen not Kanger.

Posted by Peace99 > 2022-04-30 18:01 | Report Abuse

There have been change of ppl in the management, pls check.

Posted by Peace99 > 2022-05-09 01:11 | Report Abuse

@JJPTR Kanger has money lending license?

I did a quick estimate: the 187 units VC bought has total build up area of 164232 sq ft. and Price is 246.348mil, so is rm 1500/ sq ft. From website below, price for 800 sq ft apt is 1.325 mil. this works out to rm1656/sqft, so VC got 10% discount. Any comment from anyone?
https://www.iproperty.com.my/property/genting-highlands/antara-genting-highlands/sale-102944368/

Posted by Peace99 > 2022-05-09 16:45 | Report Abuse

@JJPTR, I don't see Kanger has any money lending license

Posted by Peace99 > 2022-05-09 17:12 | Report Abuse

Another thing to note: VC's NAV is almost twice the share price now

Posted by Peace99 > 2022-05-10 09:24 | Report Abuse

266,121, 872 WC were listed on 28/4/2021, and 108,867,100 have been converted. This I have verified by checking Bursa's announcements. The conversion to me means confidence in VC and gives 18.5 mil. Then, you have the 13mil from 2nd variation on the use of the proceeds from the RI last year. These funds helped VC to pay the 10% down payment for the Antara Genting purchase, just after buying the oil palm and durian plantation. I think VC's management have done their detailed calculations. I think more ppl will convert their WC and generate more fund.

Posted by Peace99 > 2022-05-10 09:29 | Report Abuse

@JJPTR, you asked "VC too has money lender license, for what purpose?“
Money lending is one of the key businesses! Wondering why you asked this.

Posted by Peace99 > 2022-05-10 10:13 | Report Abuse

In conclusion, i am not selling and looking forward to the QR coming out end of this month!

Posted by Peace99 > 2022-05-19 10:49 | Report Abuse

Good to see another, 2 mil, conversion to mother!

Posted by Peace99 > 2022-05-21 00:06 | Report Abuse

Good to see another 3.65 mil pieces of WC conversions
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3260296

Also 79,800 PA conversion at 48sen each. I still don't understand how come 48sen?

Posted by 8888_ > 2022-05-27 17:31 | Report Abuse

QR out, EPS 0.77 sen really good?

Posted by Peace99 > 2022-05-28 00:00 | Report Abuse

P/E ratio tells more? Anyway, I see its making much more profit compared to last quarter and to last year's corresponding quarter. Plus the additional revenue streams from the newly acquired plantations (and later the Antara-Genting serviced apts?)