Now we have 3 penny stocks currently on shares consolidation list. Latest to join the list is AGESON BERHAD (19 Jan 2022)
1. KANGER INTERNATIONAL BERHAD ("KANGER" OR THE "COMPANY") PROPOSED SHARE CONSOLIDATION OF EVERY 10 ORDINARY SHARES IN KANGER ("KANGER SHARE(S)") INTO 1 KANGER SHARE ("CONSOLIDATED SHARE(S)") ("PROPOSED SHARE CONSOLIDATION")
2. METRONIC GLOBAL BERHAD ("METRONIC" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Be careful trading loss making penny stocks that has huge NOSH (BILLION SHARES)
Best and safest to avoid penny stocks with multi-billion issued shares. Directors have power to propose shares consolidation and raise more fund via rights issue with free warrants
Trade wisely, set realistic target, don't be trapped at high prices
Particulars of substantial Securities Holder Name AE MULTI HOLDINGS BERHAD Name of registered holder AE Multi Industries Sdn. Bhd. Indirect/deemed interest (units) 812,069,665 Indirect/deemed interest (%) 16.796 Total no of securities after change 812,069,665 Date of notice 14 Feb 2022
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) PERMAJU INDUSTRIES BERHAD
Particulars of Substantial Securities Holder Name VSOLAR GROUP BERHAD Name of registered holder CubeTech Asia Sdn. Bhd.
Date interest acquired 30 Nov 2021 No of securities 320,000,000 Circumstances by reason of which Securities Holder has interest Subscription of Rights Shares via CubeTech Asia Sdn. Bhd., a wholly-owned Subsidiary.
Indirect/deemed interest (units) 320,000,000 Indirect/deemed interest (%) 16.649 Date of notice 06 Dec 2021
============================ PENNY STOCK INVEST IN PENNY STOCK
=========================== 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)
VSOLAR GROUP BERHAD (THE "COMPANY" or "VSOLAR") - EMPLOYEES SHARE OPTION SCHEME ("ESOS")
(a) Date of Offer : 25 February 2022 (b) Number of shares offered : 80,480,110 (c) Exercise price of shares offered : RM0.0125 (d) Closing price of Vsolar’s Shares on the date of the Offer : RM0.010 (e) Number of Shares offered to the Company’s Directors under the ESOS : (i) Encik Khairul Azwan bin Harun - (ii) Mr. Koo Kien Yoon - (iii) Encik Abdul Menon bin Arsad @ Abdul Manan bin Arshad - (iv) Mr. Ng Chee Kin - (v) Mr. Chuah Hoon Hong - (f) Vesting period of the Shares offered : The Options are vested on the Offer Date.
This announcement is dated 25 February 2022.
=========== Multi billion NOSH continue to increase further Dilution to shareholders equity and EPS
============ 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
soon gonna go through share consolidation and retail investors might loose up to 90% of their invested capital.... dont stay long in penny stock counters cse the comp directors are blood suckers..........
Another loss making multi-billion NOSH penny stock proposed shares consolidation and fund raising via rights issue with free warrant
Long term shareholders will suffer huge losses as a result of directors action
==================== VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS
1. proposed diversification of the business of Vsolar and its subsidiaries (“Vsolar Group” or the “Group”) to include the sales and trading of spare parts for railway vehicles (“Proposed Diversification”);
2. proposed consolidation of every 30 existing ordinary shares in Vsolar (“Vsolar Share(s)” or “Share(s)”) into 1 Share (“Consolidated Share(s)”) (“Proposed Share Consolidation”); and
3. proposed renounceable rights issue of up to 791,850,045 new Shares (“Rights Shares”) together with up to 395,925,022 free detachable warrants in Vsolar (“Warrants C”) on the basis of 4 Rights Shares together with 2 Warrants C for every 1 Consolidated Share held by the entitled shareholders of the Company on an entitlement date to be determined (“Proposed Rights Issue with Warrants”).
The details of the Proposals are set out in the attachment.
=============== Some stocks that had consolidated are pasukgb, pdz, lambo, trive, kanger, sanichi, pworth, etc
Those in the process are Ages, Mtronic, Digistar and Vsolar
============= Be careful trading loss making penny stocks that has huge NOSH (BILLION SHARES)
Best and safest to avoid penny stocks with multi-billion issued shares. Directors have power to propose shares consolidation and raise more fund via rights issue with free warrants
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....
Yamashita
10 posts
Posted by Yamashita > 2022-02-09 11:59 | Report Abuse
Dont buy ti's counter. Manipulate counter. One group of penny counter. Careful. Counter tipu.