Useless stock. First they increase stock base. Then let market devalue it. Later, consolidation. Back to old prices. Give take 10 years. By which time the board can retire with steady stream of income over the years.
VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS
On behalf of the Board of Vsolar, M&A Securities wishes to announce that an application for extension of time of 1 month up to 7 June 2022 to submit the application for Proposed Share Consolidation has been submitted to Bursa Securities.
for the investor maybe set a time go protest in front of vsolar company. make the top management of this company malu, make the sc & government involve in this kinda company
sudah cukup kita kena tipu. kita boleh rugi wang tapi kita tidak puas hati the top management sudah berapa tahun rugi wang, tapi masih pegang jawatan top management. setiap bulan dapat gaji tinggi, bonus besar, tiap tiap tahun hanya tahu hisap darah dari investor. hati betul betul geram. kita boleh rugi tapi kita tak sanggup orang top management menggunakan cara consolidate consolidate.
ramai yg sangkut, jangan diam diam saja, macam orang bodoh. kena dimain atau dialatkan oleh mereka, tapi masih boleh diamdiam saja.. kita mahu top management letak jawatan
setiap kali nak kumpul duit, consolidate. tak mampu nak cari keuntungan dari niaga, tutup kedai sajalah, kenapa pulak hisap darah pelabur kecil seperti kami. tak malu langsung.
MULTIPLE PROPOSALS VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS VSOLAR GROUP BERHAD
Type Announcement Subject MULTIPLE PROPOSALS Description VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY")
(I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the previous announcement in relation to the Proposals.
On behalf of the Board of Vsolar, M&A Securities wishes to announce that Bursa Securities has vide its letter dated 9 May 2022 resolved to approve the Company’s application for extension of time until 7 June 2022 to comply with Rule 13.16(1) of the Listing Requirements.
VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS
On behalf of the Board of Vsolar, M&A Securities wishes to announce that Bursa Securities has vide its letter dated 9 May 2022 resolved to approve the Company’s application for extension of time until 7 June 2022 to comply with Rule 13.16(1) of the Listing Requirements.
This announcement is dated 9 May 2022.
================= Shares consolidation implementation coming soon before 7 June 2022
Pemegang syer minoriti akan diseksa, dll macam sykt lain yg menggunakan cara yg sama hahaha
Right issue tak dapat dielakkan dengan kerugian tak terhingga setiap suku tahun .
Bila dapat wang dari right issue, lembaga pengarah akan menggunakan sebahagian besar dana untuk membeli quoted shares related parties dan pemegang syer minoriti pun tak diberitahu nama syer syarikat yang dibeli... Contohnya, quoted shares investment yang dibuat oleh focus, joe, netx, dll
SC TAKES ENFORCEMENT ACTION AGAINST SEVEN FOR SHARE MANIPULATION 22 July 2014 | Kuala Lumpur The Securities Commission Malaysia (SC) took enforcement action today against seven individuals at the Kuala Lumpur High Court for the manipulation of DVM Technology Bhd (DVM) shares. In the action taken, the SC alleges that the defendants had, over a one week period from 14 March 2006 to 21 March 2006, actively transacted in DVM shares among themselves, causing the price of the shares to artificially rise from RM0.11 on 14 March 2006 to a high of RM0.32 on 20 March 2006. The SC alleges that the defendants’ actions had created a false or misleading appearance of active trading on DVM shares as well as the price of the shares.
The SC alleges that the week-long manipulation resulted in a surge in the volume of DVM shares, to a total of 63 million shares on 20 March 2006, compared to 3.6 million shares one week prior to the manipulation. SC’s investigations revealed that the defendants never traded in DVM shares prior to the material period.
The seven individuals named in the action are:
1. Kenneth Vun @ Vun Yun Liun
2. Teng Choo Teik
3. Simon Lin Siang Hock
4. Lye Pei Ling
5. Chuah Hock Soon
6. Choong Lay Ti
7. Gui Boon Huat
The SC is seeking a disgorgement of all profits earned by the defendants as a result of the manipulation, which is sought to be used to compensate affected investors. The SC is also claiming a civil penalty of RM1 million from each of the seven defendants. Other orders sought are that the defendants be barred from being a director of a public listed company and from trading on the stock exchange for a period of five years.
“Manipulation threatens market integrity and this continues to be a key focus area at the SC,” said SC’s Executive Director of Enforcement, Ahmad Fairuz bin Zainol Abidin. He stated that this case reflects the regulator’s commitment in addressing market manipulation and reiterated that it is serious in its efforts to bringing offenders to book.
Hehehe.. daylight cheating and robbery due to incompetence of the bosses in doing real busineses.. eventually they only know how to do RI, PP and consolidation many many rounds.. better out of klse..
This ann is dated June 8th,2022 NOSH 4b shares now. 20:1 become 200m shares Buy 1c , cost become 20c after 20 :1 Right issue 1.2b new shares @10c =120m rgt go into the management to pay salary, CEOand directors salary Minor sharesholder will see shares price drop from 20c after 20:1, to 2c again.. DOES IT LOOK LIKE A PONZI SCHEME? NO NEED TO DO ANY BUSINESS, MONEY COME IN
(I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS
On behalf of the Board, M&A Securities is pleased to announce that the following has been submitted to Bursa Securities: 1. the application for the Proposed Share Consolidation; 2. the listing application in relation to the Proposed Rights Issue with Warrants; and 3. the draft circular to shareholders of Vsolar in relation to the Proposals.
Hope SC could see this kind of gross exploitation and ban this co from being listed.. PP/ESOS done by good company can still be seen positively done as an instrument for PLC in its lifecycle of businesses.. For bad conpany is clearly the opposite...
No real and genuine business... Everything on paper looks good but in reality more like an attempt to con public..
So many years of data as hard evidence..
-------------------
JJPTR
This ann is dated June 8th,2022 NOSH 4b shares now. 20:1 become 200m shares Buy 1c , cost become 20c after 20 :1 Right issue 1.2b new shares @10c =120m rgt go into the management to pay salary, CEOand directors salary Minor sharesholder will see shares price drop from 20c after 20:1, to 2c again.. DOES IT LOOK LIKE A PONZI SCHEME? NO NEED TO DO ANY BUSINESS, MONEY COME IN
I think vsolar facing problem to share console now , more than 10 working days still no response from bursa Look on the same group other com just use few days for this step
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....