Posted by Vhydro > 2023-03-10 00:38 | Report Abuse

My brother is ready

Posted by whistlebower99 > 2023-03-10 15:17 | Report Abuse

FOR NEWBIES

BE REMINDED OF THE ON-GOING MULTIPLE PROPOSAL :-

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, 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.

This announcement is dated 8 June 2022.

===================
Be prepared for share consolidation and rights issue, coming very soon !!!

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

Posted by Good123 > 2023-03-13 11:38 | Report Abuse

Bursa mesti delist stok 1/2 - 1sen

Posted by Good123 > 2023-03-13 11:39 | Report Abuse

Lembaga pengarah harus didakwa dengan mainan dana pelabur.

Patut disiasat dan delist

Posted by Good123 > 2023-03-13 11:39 | Report Abuse

0.5sen - 1sen, lembaga pengarah mesti disiasat, stok suspension

Posted by Good123 > 2023-03-13 11:40 | Report Abuse

Kerajaan baru mesti bersihkan semua tahi yg ditinggalkan oleh kerajaan lama

Posted by Good123 > 2023-03-14 10:40 | Report Abuse

siasat dan masukkan semua pengarah dalam penjara haha

tekan minoriti shareholders hingga mampus kini hahaha

Posted by klna75 > 2023-03-14 15:07 | Report Abuse

kasi bankrupt saja. sial betul counter ni. entah apa ceo, board of director company ni buat. x malu langsung

Posted by DickyMe > 2023-03-14 16:35 | Report Abuse

Alamak! Drop 50% :-D

Posted by Icon 888 > 2023-03-19 23:37 | Report Abuse

Long neck for consolidation

Posted by sunsetbiz > 2023-03-20 11:32 | Report Abuse

wait for consol or years....:)

Posted by Good123 > 2023-03-22 09:03 | Report Abuse

Bila minority shareholders mau sue directors? Hahaha

Posted by Good123 > 2023-03-22 09:12 | Report Abuse

Puak hidden hand or hidden scam? Hahaha
0066 VSOLAR VSOLAR GROUP BERHAD
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY")(I) PROPOSED DIVERSIFICATION;
(II) PROPOSED SHARE CONSOLIDATION; AND(III) PROPOSED RIGHTS ISSUE WITH WARRANTS
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

17/03/2023 07:00 AM


Ref Code: 202303173000323

Posted by Good123 > 2023-03-22 09:19 | Report Abuse

Must read

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

Posted by Good123 > 2023-03-22 13:08 | Report Abuse

check for money laundering via hongkong...........

LIST OF 30 LARGEST SECURITIES ACCOUNT HOLDERS (BASED ON THE RECORD OF DEPOSITORS)
(WITHOUT AGGREGATING SECURITIES FROM DIFFERENT SECURITIES ACCOUNTS BELONGING TO THE SAME REGISTERED
HOLDER)

Name of Shareholders No. of Shares
Held
%
1. AE MULTI INDUSTRIES SDN. BHD. 876,111,600 18.12
2. AFFIN HWANG NOMINEES (ASING) SDN. BHD.
- EXEMPT AN FOR SANSTON FINANCIAL GROUP LIMITED
(ACCOUNT CLIENT)
93,791,800 1.94
3. QUECK HAN TIONG 50,000,000 1.03
4. TOH SENG HON 34,000,000 0.70
5. CGS-CIMB NOMINEES (TEMPATAN) SDN. BHD.
- PLEDGED SECURITIES ACCOUNT FOR LU YIENG LUNG
(KUCHING-CL)
28,680,200 0.59
6. CHUNG KIN CHUAN 25,500,000 0.53
7. ONG OH HAI 20,220,000 0.42
8. CIMSEC NOMINEES (TEMPATAN) SDN. BHD.
- CIMB FOR BOEY TZE NIN (PB)
19,068,300 0.39
9. WONG WING KIONG 17,000,000 0.35
10. SIM LI YIN 16,230,000 0.34
11. KENANGA NOMINEES (TEMPATAN) SDN. BHD.
- CHONG MEI
15,000,000 0.31
12. WONG KHEE ANN 14,400,000 0.30
13. H’NG BAK TEE 14,000,000 0.29

Posted by Good123 > 2023-03-22 13:08 | Report Abuse

MACC should investigate the banks involved for money transferred in and out from trading vsolar shares

Posted by Good123 > 2023-03-22 13:09 | Report Abuse

all these shitty stuff at the same building hahaha


13.3, 13th Floor, Menara Lien Hoe No. 8, Persiaran Tropicana Tropicana Golf & Country Resort 47410 Petaling Jaya Selangor Darul Ehsan Malaysia

Posted by Good123 > 2023-03-23 09:33 | Report Abuse

Mau korek wang minority shareholders lagi :)

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, the definitions set out in the previous announcements in relation to the Proposals shall apply herein.



On behalf of the Board, M&A Securities wishes to announce that Bursa Securities has, vide its letter dated 17 March 2023, approved the following:



1.Proposed Share Consolidation:



2.Listing and quotation of up to 197,962,511 Consolidated Shares (assuming all of the outstanding convertible securities are exercised into new Vsolar Shares prior to the implementation of the Proposed Share Consolidation;



3.Listing and quotation of up to 27,382,050 Warrants B (assuming none of the 821,461,526 outstanding Warrants B are exercised prior to the implementation of the Proposed Share Consolidation);



4.Admission to the Official List and listing and quotation of up to 395,925,022 Warrants C to be issued pursuant to the Proposed Rights Issue with Warrants;



5.Listing and quotation of up to 791,850,044 Rights Shares to be issued pursuant to the Proposed Rights Issue with Warrants;



6.Listing and quotation of up to 395,925,022 new VSolar Shares to be issued arising from the exercise of the Warrants C;



7.Listing and quotation of up to 12,826,782 additional consolidated Warrants B (“Additional Warrants B”) to be issued arising from the adjustments pursuant to the Proposed Rights Issue with Warrants; and



8.Listing and quotation of up to 12,826,782 new VSolar Shares to be issued arising from the exercise of the Additional Warrants B.



The approval granted by Bursa Securities for the Proposed Rights Issue with Warrants is subject to the following conditions:-



1.Vsolar and M&A Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Rights Issue with Warrants;



2.Vsolar and M&A Securities to inform Bursa Securities upon the completion of the Proposed Rights Issue with Warrants;



3.Vsolar to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Rights Issue with Warrants is completed;



4.Vsolar to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of Warrants C as at the end of each quarter together with a detailed computation of listing fees payable; and





5.Vsolar to provide quarterly updates via Bursa LINK (simultaneously with the submission of Quarterly Report and in the form of General Announcement for PLC) on the following:



The status of each of the event, project or purpose for which the total proceeds raised from the Proposed Rights Issue with Warrants are utilised for, including but not limited to, the percentages of completion of the projects/initiatives;


The status of each of the event, project or purpose for which the total proceeds raised from the Company's Private Placement November 2020, Private Placement January 2021 and Private Placement June 2021 (as defined in the draft circular) are utilised for, including but not limited to, the percentages of completion of the projects/initiatives; and


Where relevant, details on where the balance of proceeds raised is being placed (pending utilisation). If it is parked with asset management company /fund manager, to disclose the name of the asset management company /fund manager.




This announcement is dated 17 March 2023.





Announcement Info
Company Name VSOLAR GROUP BERHAD
Stock Name VSOLAR
Date Announced 17 Mar 2023
Category General Announcement for PLC
Reference Number GA1-17032023-00078

Posted by Icon 888 > 2023-03-23 12:46 | Report Abuse

Waiting for hell consolidate

Posted by Good123 > 2023-03-23 22:43 | Report Abuse

msia boleh.... tiada penangkapan lagi... spore dah penjarakan soh chee wen, manipulator stock penny haha

Posted by winston1 > 2023-03-23 22:57 | Report Abuse

after consolidation it may drop below half sen.

Posted by Good123 > 2023-03-24 09:50 | Report Abuse

hidden hand gang... related parties, etc. haha

Corporate Information
Website : Link
Corporate Name : VSOLAR GROUP BERHAD
Symbol & Code : VSOLAR (0066)
Board : ACE
Shariah : Not Shariah Compliant Non-Compliant
Sector : Technology
Sub-Sector : Software
Contact
: Click Here
Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
12 Apr 2022 Acquired
20,000,000 AE MULTI INDUSTRIES SDN. BHD.
12 Apr 2022 Acquired
20,000,000 AE MULTI HOLDINGS BERHAD
11 Apr 2022 Acquired
3,000,000 AE MULTI INDUSTRIES SDN. BHD.
11 Apr 2022 Acquired
3,000,000 AE MULTI HOLDINGS BERHAD
24 Mar 2022 Acquired
500,000 MR KOO KIEN YOON
10 Feb 2022 Acquired
41,456,500 AE MULTI HOLDINGS BERHAD
10 Feb 2022 Acquired
41,456,500 AE MULTI INDUSTRIES SDN. BHD.
09 Feb 2022 Acquired
50,000,000 AE MULTI HOLDINGS BERHAD
09 Feb 2022 Acquired
50,000,000 AE MULTI INDUSTRIES SDN. BHD.
31 Dec 2021 Acquired
12,000,000 AE MULTI INDUSTRIES SDN. BHD.

Posted by Good123 > 2023-03-24 10:22 | Report Abuse

Tell your related parties to clear including the gang based in Hong kong ... At 1sen, 100mil shares = rm1mil murah bagi geng hongkong haha

Position

Price

Volume

Orders

1

0.01

116,646,000

446

2

0.015

41,738,700

176

3

0.02

33,039,300

137

4

0.025

9,721,000

38

5

0.03

16,001,000

50

Posted by Good123 > 2023-03-24 13:04 | Report Abuse

Tied up with money launderers in hongkong kan? Haha

Posted by Good123 > 2023-03-24 17:53 | Report Abuse

money launderers checkmate korang, kan? happy!

Posted by Icon 888 > 2023-03-31 17:10 | Report Abuse

Graveyard

Posted by Good123 > 2023-04-05 09:06 | Report Abuse

Hidden hand gang .. trap retailers again :)

0066 VSOLAR VSOLAR GROUP BERHAD
MULTIPLE PROPOSALS
MULTIPLE PROPOSALS
VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY")(I) PROPOSED DIVERSIFICATION;
(II) PROPOSED SHARE CONSOLIDATION; AND(III) PROPOSED RIGHTS ISSUE WITH WARRANTS
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

17/03/2023 07:00 AM


Ref Code: 202303173000323

Posted by Good123 > 2023-04-05 23:40 | Report Abuse

Hidden hand gang to checkmate korang, mati tak? :)

GENERAL MEETINGS: Notice of Meeting
VSOLAR GROUP BERHAD

Type of Meeting Extraordinary
Indicator Notice of Meeting
Description Vsolar Group Berhad
Notice of Extraordinary General Meeting
Date of Meeting 28 Apr 2023
Time 11:00 AM

Venue(s) Broadcast Venue at Lot 4.1, 4th Floor
Menara Lien Hoe, No. 8, Persiaran Tropicana
Tropicana Golf & Country Resort
47410 Petaling Jaya, Selangor Darul Ehsan
Malaysia

Date of General Meeting Record of Depositors 19 Apr 2023

Resolutions

1. Ordinary Resolution 1
Description Proposed diversification of the business of Vsolar Group Bahad ("Vsolar" or "Company") and its subsidiaries to include the supply, trading, installation, assembly and testing of spare parts for railway vehicles ("Proposed Diversification")
Shareholder’s Action For Voting

2. Ordinary Resolution 2
Description Proposed renounceable rights issue of up to 791,850,044 new ordinary shares in Vsolar ("Rights Shares") together with up to 395,925,022 free detachable warrants ("Warrants C") on the basis of 4 Rights Shares together with 2 Warrants C for every consolidated share held by the entitled shareholders of the company on an entitlement date to be determined ("Entitlement Date") ("Proposed Rights Issue with Warrants")
Shareholder’s Action For Voting

3. Special Resolution 1
Description Proposed consolidation of every 30 existing ordinary shares in Vsolar ("Vsolar Shares" or "Shares") into 1 share ("Consolidated Share") ("Proposed Share Consolidation")
Shareholder’s Action For Voting



Please refer attachment below.

Attachments
Vsolar - Notice of EGM and Admin Guide.pdf
155.0 kB


Announcement Info
Company Name VSOLAR GROUP BERHAD
Stock Name VSOLAR
Date Announced 05 Apr 2023
Category General Meeting
Reference Number GMA-05042023-00006
Corporate Action ID MY230405MEET0005

Posted by Good123 > 2023-04-07 06:46 | Report Abuse

Soh chee wen punya case, serupa? :)

Posted by Good123 > 2023-04-10 10:13 | Report Abuse

30 to 1, geng tangan ghaib Kian berani

Circular/Notice to Shareholders
VSOLAR GROUP BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED DIVERSIFICATION OF THE BUSINESS OF VSOLAR AND ITS SUBSIDIARIES TO INCLUDE THE SUPPLY, TRADING, INSTALLATION, ASSEMBLY AND TESTING OF SPARE PARTS FOR RAILWAY VEHICLES; (II) PROPOSED CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN VSOLAR ("VSOLAR SHARES" OR "SHARES") INTO 1 SHARE ("CONSOLIDATED SHARE"); AND (III) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 791,850,044 NEW ORDINARY SHARES IN VSOLAR ("RIGHTS SHARES") TOGETHER WITH UP TO 395,925,022 FREE DETACHABLE WARRANTS ("WARRANTS C") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 2 WARRANTS C FOR EVERY CONSOLIDATED SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED.


Please refer attachment below.

Attachments
Vsolar - Final Circular.pdf
1.5 MB

Announcement Info
Company Name VSOLAR GROUP BERHAD
Stock Name VSOLAR
Date Announced 06 Apr 2023
Category Document Submission
Reference Number DCS-06042023-00040

Posted by Good123 > 2023-04-10 10:14 | Report Abuse

Minta wang lagi haha

Posted by Good123 > 2023-04-10 12:23 | Report Abuse

Dah telan 2020... 2023 mau lagi :) jahat


Rights Issue
VSOLAR GROUP BERHAD

Entitlement subject Rights Issue
Type Renounceable
Entitlement description RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,317,950,973 NEW ORDINARY SHARES IN VSOLAR ("RIGHTS SHARES") TOGETHER WITH UP TO 878,633,982 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY EXISTING ORDINARY SHARE IN VSOLAR HELD AT 5.00 P.M. ON 16 JUNE 2020 TOGETHER WITH 2 FREE WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED AT AN ISSUE PRICE OF RM0.03 PER RIGHTS SHARE PAYABLE IN FULL UPON ACCEPTANCE
Ex-Date 15 Jun 2020
Entitlement date 16 Jun 2020
Entitlement time 05:00 PM
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 16 Jun 2020
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Rights Issue/Offer Price Malaysian Ringgit (MYR) 0.0300
Par Value (if applicable)
Entitlement indicator Ratio
Entitlement Details
Company Name VSOLAR GROUP BERHAD
Entitlement Ordinary Rights
Ratio (New:Existing) 3.0000 : 1.0000
Rights Crediting Date 16 Jun 2020
Fractional Entitlement
Registrar or Service Provider name, address, telephone no TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
Unit 32-01, Level 32, Tower A,
Vertical Business Suite, Avenue 3, Bangsar South,
No. 8, Jalan Kerinchi
59200 Kuala Lumpur
Wilayah Persekutuan
Malaysia
Tel:0327839299
Fax:0327839222


Remarks :
The Abridged Prospectus together with the notice of provisional allotment and rights subscription form pursuant to the Rights Issue with Warrants (collectively, the "Documents") will only be despatched to the shareholders of the Company whose names appear in the Company's Record of Depositors as at 5.00 p.m. on 16 June 2020 (''Entitled Shareholders'') and who have a registered address in Malaysia or who have provided the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, with a registered address in Malaysia in writing by 5.00 p.m. on 16 June 2020.

The Documents are not intended to (and will not be made to) comply with the laws of any country or jurisdiction other than Malaysia, and are not intended to be (and will not be) issued, circulated or distributed in countries or jurisdictions other than Malaysia and no action has been or will be taken to ensure that the Rights Issue with Warrants complies with the laws of any country or jurisdiction other than the laws of Malaysia.

Entitled Shareholders who do not have a registered address in Malaysia for the service of documents and wish to provide a Malaysian address, should inform their respective stockbrokers or the Share Registrar, Tricor Investor & Issuing House Services Sdn Bhd, to effect the change of address by 5.00 p.m. on 16 June 2020.

This announcement is dated 1 June 2020.

Announcement Info
Company Name VSOLAR GROUP BERHAD
Stock Name VSOLAR
Date Announced 01 Jun 2020
Category Entitlement(Notice of Book Closure)
Reference Number ENT-29052020-00011
Corporate Action ID MY200529RHDI0001

Posted by whistlebower99 > 2023-04-11 10:16 | Report Abuse

FOR NEWBIES

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE
(I) PROPOSED DIVERSIFICATION OF THE BUSINESS OF VSOLAR AND ITS SUBSIDIARIES TO INCLUDE THE SUPPLY, TRADING, INSTALLATION, ASSEMBLY AND TESTING OF SPARE PARTS FOR RAILWAY VEHICLES;

(II) PROPOSED CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN VSOLAR ("VSOLAR SHARES" OR "SHARES") INTO 1 SHARE ("CONSOLIDATED SHARE"); AND

(III) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 791,850,044 NEW ORDINARY SHARES IN VSOLAR ("RIGHTS SHARES") TOGETHER WITH UP TO 395,925,022 FREE DETACHABLE WARRANTS ("WARRANTS C") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 2 WARRANTS C FOR EVERY CONSOLIDATED SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY ON AN ENTITLEMENT DATE TO BE DETERMINED.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3342410

================
Be informed of share consolidation of 30:1 followed by fund raising by directors via massive rights issue exercise

Directors stand to collect lots of money from fund raising
Easy and quick way to get money instead of generating profits from business operations

17 years of continuous annual losses !!!
https://www.klsescreener.com/v2/stocks/view/0066/vsolar-group-berhad

Loyal long term retail shareholders will incur huge losses from the share consolidation and have to fork out more money to subscribe for the rights shares if wish to.

Current NOSH = 4,834,933,699
WB = 821,461,526

Upon completion of above proposal, NOSH will likely still exceed 1 BILLION shares !!!

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

Posted by sunsetbiz > 2023-04-11 16:58 | Report Abuse

drop 95% from 2020......and drop again 95% in 2023....:)

Posted by Icon 888 > 2023-04-12 10:13 | Report Abuse

If wan consolidate , cepat sikit la..everybody waiting

Posted by Icon 888 > 2023-04-12 10:17 | Report Abuse

Been waiting 2years for consolidate

Posted by Icon 888 > 2023-04-27 10:55 | Report Abuse

Hopeless counter.. waiting consolidation

Posted by Good123 > 2023-04-28 14:51 | Report Abuse

ramai ramalkan macam pasukhas... consolidate 10sen jadi 17sen haha

Posted by Good123 > 2023-05-08 09:25 | Report Abuse

GENG BARU KONONNYA//

0066 VSOLAR VSOLAR GROUP BERHAD
Change in Audit Committee
Date of Change: 02/05/2023
Type of Change: Appointment
Designation: Others
Directorate: Ind & N/Exec
Name: SALMAH HAYATI BINTI GHAZALI
Age: 66
Country:
Nationality: Malaysia
Qualifications:
Working Experience and Occupation:
Directorship of public companies (if any):
Family relationship with any director and/or major shareholder of the listed issuer:
Details of any interest in the securities of the listed issuer or its subsidiaries:
Composition of Audit Committee After Change:
1. Mr. Chuah Hoon Hong Chairman (Chairman / Independent Non-Executive
Director)2. Mr. Ng Chee Kin (Member / Independent Non-Executive Director)3.
Datuk Salmah Hayati binti Ghazali (Member / Independent Non-Executive Director)
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

02/05/2023 07:00 AM


Ref Code: 202305025000258

Posted by Good123 > 2023-05-11 09:29 | Report Abuse

Hidden hand pulak :)



VSOLAR - Notice of Book Closure
VSOLAR - Notice of Book Closure
ILC-10052023-00002
CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN VSOLAR GROUP BERHAD
("VSOLAR" OR "COMPANY")(" SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 23 MAY 2023
INTO 1 SHARE ("CONSOLIDATED SHARE")("SHARE CONSOLIDATION") Kindly be advised
of the following : 1) The above Company's securities will be traded and
quoted "Ex - Consolidation? as from: 22 May 2023 2) The last date of lodgment
: 23 May 2023 Remarks 1: Participating Organisations are to take note of the
following Share Consolidation exercise by VSOLAR GROUP BERHAD. The Share
Consolidation comprises the following :- CONSOLIDATION OF EVERY 30 EXISTING
ORDINARY SHARES IN VSOLAR GROUP BERHAD ("VSOLAR" OR "COMPANY")(" SHARES" OR
"SHARES") HELD AT 5.00 P.M. ON 23 MAY 2023 INTO 1 SHARE ("CONSOLIDATED
SHARE")("SHARE CONSOLIDATION"). In relation to the Share Consolidation
undertaken by VSOLAR as a SPEEDS Corporate Exercise, Bursa Malaysia Securities
Berhad would like to highlight that: (a) on or after the Ex-date on 22 May
2023, trading of VSOLAR shares will be based on the newly adjusted shares after
the Share Consolidation of VSOLAR shares, (b) on the basis of settlement
taking place after 23 May 2023 with consolidated VSOLAR shares, any entitled
shareholder who owns VSOLAR shares as at Ex-date may sell only up to the
maximum VSOLAR shares he expects to receive after the Share Consolidation, i.e.
the reduced amount, on or after the Ex-date 22 May 2023. With the adjustments
pursuant to the Share Consolidation effected on VSOLAR shareholders? CDS
account at the end of the Entitlement Date (?Books Closure Date?), an entitled
VSOLAR shareholder may use the following basis to estimate the maximum number
of VSOLAR shares that he may sell from the Ex-date until the Book Closing Date
which is from 22 May 2023 until 23 May 2023. Number of VSOLAR shares that
may be sold from 22 May 2023 until 23 May 2023 = Number of shares held/30
(All fractional shares computed should be disregarded) Illustration: For
example, if Mr X owns or purchases 3000 VSOLAR shares on cum basis on 19 May
2023, his CDS account would still show 3000 VSOLAR shares until 23 May 2023.
However, as a result of the above Share Consolidation exercise, Mr X?s 3000
VSOLAR shares in his CDS account will be adjusted to 100 VSOLAR shares on the
night of 23 May 2023 which is the Book Closing Date. Therefore, Mr X may, if he
so wishes, sells only up to 100 VSOLAR shares on or after the Ex-date i.e. from
22 May 2023 onwards. Participating Organisations are hereby requested to
caution all dealers and remisiers that, during the period from 22 May 2023
until 23 May 2023, they are only entitled to sell the maximum of 1/30 of the
shares owned before the Ex-date. Participants Organisations are reminded that
it is important to caution all dealers and remisiers on the above to prevent
the dealers and remisiers from overselling of their client?s position.
Remarks 2: The Share Consolidation involves the consolidation of every 30
existing Shares held as at 5.00 p.m. on 23 May 2023, being the entitlement date
for the Share Consolidation, into 1 Consolidated Share. The actual number of
Consolidated Shares will be determined based on the total number of issued
shares of the Company on the entitlement date for the Share Consolidation.
Fractional entitlements arising from the Share Consolidation, if any, shall be
disregarded and dealt with by the Board of Directors in such manner at its
absolute discretion as it may deem fit or expedient and in the best interest of
the Company. The Consolidated Shares will be listed and quoted on the ACE
Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 24 May 2023,
being the next market day following the entitlement date for the Share
Consolidation. The notices of allotment of the Consolidated Shares will be
issued and despatched to the entitled shareholders of the Company within 4
market days after the date of listing and quotation of the Consolidated Shares
on the ACE Market of Bursa Securities. The Share Consolidation will result in a
reduction in the number of Shares available in the market and the trading price
of the Shares will be adjusted accordingly in proportion to the basis of the
Share Consolidation. The shareholders of the Company are strongly advised to
trade cautiously to prevent overselling of their position in respect of the
Shares held.
MANAGER, REF. DATA MANAGEMENT
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

10/05/2023 07:00 AM


Ref Code: 202305105100065

Posted by whistlebower99 > 2023-05-11 10:54 | Report Abuse

FOR NEWBIES

Share Consolidation

CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN VSOLAR GROUP BERHAD ("VSOLAR" OR "COMPANY")(" SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 23 MAY 2023 INTO 1 SHARE ("CONSOLIDATED SHARE")("SHARE CONSOLIDATION")

Ex-Date 22 May 2023

The Consolidated Shares will be listed and quoted on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 24 May 2023, being the next market day following the entitlement date for the Share Consolidation.

This announcement is dated 9 May 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3350627

===================
Take note of ex-date if holding the shares
Loss making penny stock
More than 15 years consecutive annual losses !!!

https://www.klsescreener.com/v2/stocks/view/0066/vsolar-group-berhad

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TAYOR

Posted by whistlebower99 > 2023-05-12 15:51 | Report Abuse

FOR NEWBIES

VSOLAR is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 9 May 2023

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Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - VSOLAR, DOLPHIN, TECHNAX

2023 completed = MERIDIAN, PASUKGB, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

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TAYOR, don't be caught in share consolidation exercise

Posted by $$ BUYSELL $$ > 2023-05-15 13:50 | Report Abuse

waiting to close shop.

Posted by JuliusCeasar > 2023-05-16 07:34 | Report Abuse

The guy is here! Don't buy at all. After conso all will suffered.

Posted by whistlebower99 > 2023-05-17 15:27 | Report Abuse

NEWBIES take note


CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN VSOLAR GROUP BERHAD ("VSOLAR" OR "COMPANY")(" SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 23 MAY 2023 INTO 1 SHARE ("CONSOLIDATED SHARE")("SHARE CONSOLIDATION")

Ex-Date 22 May 2023

Posted by PaiKia > 2023-05-17 15:28 | Report Abuse

stay away

Posted by Rohizam > 2023-05-21 02:29 | Report Abuse

whistiebower99...
Tqsm for your information..
any suggestion for newbies like me

Posted by Rohizam > 2023-05-21 03:11 | Report Abuse

whistiebower99...
Tqsm for your information..
any suggestion for newbies like me

Posted by fl888 > 2023-05-21 09:34 | Report Abuse

Sell if above 15cts tomorrow as RI circular pricing was calculated at 10cts… raising Max RM75 million …to be used to maintain all Directors,Staff & Childrens expenses for another few years..

Posted by Good123 > 2023-05-22 09:09 | Report Abuse

30 syer to 1 syer... If 1sen, maka 30sen kan? Geng sedang berusaha