VSOLAR GROUP BERHAD

KLSE (MYR): VSOLAR (0066)

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Last Price

0.085

Today's Change

-0.01 (10.53%)

Day's Change

0.085 - 0.095

Trading Volume

3,076,300


16 people like this.

13,356 comment(s). Last comment by mfaridz85 2 days ago

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-05-22 09:16 | Report Abuse

apakah ? gap up limit up ?

Michael Kwok

6,057 posts

Posted by Michael Kwok > 2023-05-22 09:25 | Report Abuse

Price 17 cents
It will drop 5-10 days since it ex.
23/5/23 9.25am

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:09 | Report Abuse

NTA ~2sen @31.12.2022, now, 30 to 1share, jadi 30 x 2sen=60sen per share, selling price at 16sen...

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:10 | Report Abuse

i think the gang use such method to milk everything from retailers. the geng would buy from the open market before right issue, etc... trade with care

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:11 | Report Abuse

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

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:13 | Report Abuse

like pasukhas 10 to 1, 1sen to 13sen, vsolar probably 18sen.... same geng.... trade with care

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:13 | Report Abuse

this morning touches 19.5sen

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:15 | Report Abuse

i think, the hidden hand geng would buy up via several parties to push up the price b4 right issue for change of biz proposal, etc.. wait n see.... trading with care

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:16 | Report Abuse

VWAP ~17sen

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:20 | Report Abuse

hidden geng would push up b4 right issue....make money from hidden hand group with low entry point.... trade with care

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:22 | Report Abuse

2 VSOLAR GROUP BERHAD
CORPORATE
INFORMATION
COMPANY SECRETARY
Wong Yuet Chyn
(MAICSA 7047163)
(SSM PC 202008002451)
REGISTERED OFFICE
A3-3-8, Solaris Dutamas
No. 1, Jalan Dutamas 1
50480 Kuala Lumpur
W. P. Kuala Lumpur
Tel No. : 03 - 64133271
Fax No. : 03 - 64133270
SHARE REGISTRAR
Workshire Share Registration
Sdn. Bhd.
A3-3-8, Solaris Dutamas
No. 1, Jalan Dutamas 1
50480 Kuala Lumpur
W. P. Kuala Lumpur
Tel No. : 03 - 64133271
Fax No. : 03 - 64133270
AUDITORS
CAS Malaysia PLT
[201606003206 (LLP0009918-LCA)
(AF1476)]
B-5-1, IOI Boulevard
Jalan Kenari 5
Bandar Puchong Jaya
47170 Puchong
Selangor Darul Ehsan
Tel. No. : 03-80752300
Fax No. : 03-86005463
PRINCIPAL PLACE OF BUSINESS
Lot 13.3, 13th Floor
Menara Lien Hoe
No. 8, Persiaran Tropicana
Tropicana Golf & Country Resort
47410 Petaling Jaya
Selangor Darul Ehsan
Tel. No. : 03-7622 6981
Fax No. : 03-7622 6982
Website : www.vsolar.com.my
PRINCIPAL BANKERS
Hong LeongBank Berhad
CIMB Bank Berhad
United Overseas Bank
(Malaysia) Berhad
INVESTOR RELATIONS
Koo Kien Yoon
Executive Director
Tel No. : 03-7622 6981
Fax No. : 03-7622 6982
Email : ir@vsolar.com.my
AUDIT COMMITTEE
Chuah Hoon Hong (Chairman)
Abdul Menon bin Arsad @ Abdul
Manan bin Arshad
Ng Chee Kin
NOMINATION COMMITTEE
Abdul Menon bin Arsad@ Abdul
Manan bin Arshad (Chairman)
Ng Chee Kin
Chuah Hoon Hong
REMUNERATION COMMITTEE
Ng Chee Kin (Chairman)
Abdul Menon bin Arsad @ Abdul
Manan bin Arshad
Chuah Hoon Hong
EMPLOYEES’ SHARE OPTION
SCHEME COMMITTEE
Ng Chee Kin (Chairman)
Abdul Menon bin Arsad @ Abdul
Manan bin Arshad
Koo Kien Yoon
STOCK EXCHANGE LISTING
ACE Market of Bursa Malaysia
Securities Berhad
Sector : Technology
Sector Number : 0066
Stock Short Name : VSOLAR
Khairul Azwan bin Harun Abdul Menon bin Arsad @ Abdul Manan bin Arshad
Independent Chairman Senior Independent Director
Koo Kien Yoon Chuah Hoon Hong
Executive Director Independent Director
Ng Chee Kin
Independent Director
B

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:22 | Report Abuse

Khairul Azwan bin Harun Abdul Menon bin Arsad @ Abdul Manan bin Arshad
Independent Chairman Senior Independent Director
Koo Kien Yoon Chuah Hoon Hong
Executive Director Independent Director
Ng Chee Kin
Independent Director

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:23 | Report Abuse

KHAIRUL AZWAN BIN HARUN
Independent Chairman
Malaysian, Male, Aged 46
Qualification:
Encik Khairul Azwan bin Harun (“Encik Azwan”) holds the
following qualifications:
a) Executive Certificate of Leaders in Development
from Harvard Kennedy School of Government
Massachusetts (United States of America);
b) Master of Management from Open University
Malaysia, (Kuala Lumpur, Malaysia); and
c) Bachelor of Science in Accounting from Cardiff
University of Wales (United Kingdom).
Working Experience:
Encik Azwan was appointed as the Independent
Chairman of the Company on 29 July 2020. Encik
Azwan was a Senator in the Upper House of Parliament
of Malaysia and was previously with Ernst & Young
Chartered Accountants, Kuala Lumpur as an auditor and
corporate recovery consultant.
Presently, Encik Azwan manages his own Kuala Lumpur
based Strategy consulting outfit Progredior Consulting,
serving his corporate clients in policy research, strategic
communication, stakeholder advocacy and political
risk assessment. Encik Azwan is also the Chairman of
Malaysia Debt Ventures Berhad, a technology financier
company under the Ministry of Finance, and a member
of the Board of Director of Universiti Utara Malaysia.
Other Directorship of Public Companies:
Encik Azwan is the Chairman of Malaysia Debt Ventures
Berhad.
Details of Any Other Board Committees:
Nil
Key Management Personnel:
Nil
No. of Board Meetings attended in the financial
year:
7/7

Good123

24,675 posts

Posted by Good123 > 2023-05-22 10:24 | Report Abuse

ABDUL MENON BIN ARSAD @ ABDUL MANAN
BIN ARSHAD
Senior Independent Director
Malaysian, Male, Aged 75
Qualification:
Encik Abdul Menon bin Arsad @ Abdul Manan bin Arshad
(“Encik Menon”) holds the following qualifications:
a) Bachelor Degree in Social Science (Hon.) from
Universiti Sains Malaysia; and
b) Diploma in Management from Malaysian Institute
of Management.
Working Experience:
Encik Menon was appointed as an Independent
Director of the Company on 14 November 2011. Encik
Menon has twenty (20) years of experience serving in
Malaysian Armed Forces and more than eight (8) years of
working experience in numerous fields including facility
administration and ancillaries, operation management,
property and facility management. Encik Menon retired
in the year 2009 and ventured into his own business.
Other Directorship of Public Companies:
Encik Menon is an Independent Director of Focus
Dynamics Group Berhad.
Details of Any Other Board Committees:
Encik Menon currently sits on the following Board
Committees of the Company:
(a) Chairman of the Nomination Committee;
(b) Member of the Remuneration Committee;
(c) Member of the Audit Committee; and
(d) Member of the ESOS Committee
No. of Board Meetings attended in the financial year:
7/7

Fklim888

1,613 posts

Posted by Fklim888 > 2023-05-22 10:55 | Report Abuse

Sc should take action such company....keep conso....non stop...

willc48

712 posts

Posted by willc48 > 2023-05-22 12:36 | Report Abuse

i lost trust on directors of this company eho also did the same intheir previous companies they are in. it is better, every minority shares just bankrupt this company and the directors.

Posted by whistlebower99 > 2023-05-22 12:44 | Report Abuse

FOR NEWBIES

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

=================
Today share consolidated 30:1
Price consolidated from 0.005 to 0.15
New NOSH = 161,164,456

===================
Next step is to raise fund via massive share issuance for rights issue :-

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

=================
Look forward to more announcement of rights issue price
Get your money ready if keen to contribute to directors fund raising scheme

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

fl888

7,504 posts

Posted by fl888 > 2023-05-22 15:51 | Report Abuse

Directors and substantial shareholders are loosing like Helllll with this price of 15cts......surely will ramp up this week to try and cheat minority investors.... be cautious...

Tripaka

2,832 posts

Posted by Tripaka > 2023-05-22 21:04 | Report Abuse

Candy company for ikan bilis. Later only turn poisonous..

Sargon15

21 posts

Posted by Sargon15 > 2023-05-22 21:37 | Report Abuse

Scam counter

Good123

24,675 posts

Posted by Good123 > 2023-05-23 08:06 | Report Abuse

10:1, pasukhas, naik 30% after consol.

Vsolar 30:1, 3kali x 30% =90%...

15sen x 90% = 13.5sen

15 + 13.5sen ~28.5sen estimated

Sesiapa yang mau berjudi dengan geng penipu tangan ghaib, bolehlah trade ..risiko dah pasti :)

Good123

24,675 posts

Posted by Good123 > 2023-05-23 08:13 | Report Abuse

Nta 60sen selepas30:1,


nta 2sen @31.12.22

Good123

24,675 posts

Posted by Good123 > 2023-05-23 08:14 | Report Abuse

Unethical mgmt curi wang minority shareholders dengan menggunakan wang sykt untuk membeli syer sykt rugi besar dan related parties

Good123

24,675 posts

Posted by Good123 > 2023-05-23 08:16 | Report Abuse

Macam kes vsolar, seleweng wang sykt, sekarang consol dah, Suruh puak related parties beli, nta 60sen, harga semasa 15sen...

Good123

24,675 posts

Posted by Good123 > 2023-05-23 08:32 | Report Abuse

Bursa tolong kuatkuasakan

beli other listed companies punya shares... mesti/wajib ada retained earnings macam buyback syer sendiri..

loophole for unethical management to siphone off company's funds, etc

Good123

24,675 posts

Posted by Good123 > 2023-05-23 08:34 | Report Abuse

Right issue price dan tarikh pun belum diumumkan... Geng yg terbabit mau playgame dll :)

Good123

24,675 posts

Posted by Good123 > 2023-05-23 08:35 | Report Abuse

Kini total syer 145juta+ je

Mau kasi naik pun senang

Good123

24,675 posts

Posted by Good123 > 2023-05-23 08:40 | Report Abuse

Change in Audit Committee
VSOLAR GROUP BERHAD

Date of change 02 May 2023
Name DATUK SALMAH HAYATI BINTI GHAZALI
Age 66
Gender Female
Nationality Malaysia
Type of change Appointment
Designation Member of Audit Committee
Directorate Independent and Non Executive
Composition of Audit Committee (Name and Directorate of members 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)


Announcement Info
Company Name VSOLAR GROUP BERHAD
Stock Name VSOLAR
Date Announced 02 May 2023
Category Change in Audit Committee
Reference Number C02-05042023-00004

Good123

24,675 posts

Posted by Good123 > 2023-05-23 08:43 | Report Abuse

Salmah Hayati Ghazali - Director - Government Debt Management ...
Selangor, Malaysia · Director · Government Debt Management Agency Pte
Salmah Hayati Ghazali. Director at Government Debt Management Agency Pte. Government Debt Management

Good123

24,675 posts

Posted by Good123 > 2023-05-23 08:43 | Report Abuse

Datuk Salmah Hayati binti Ghazali (Datuk Salmah) is a retired civil servant, over 40 years of working experience with Majlis Amanah Rakyat (MARA) a government agency and Universiti Kuala Lumpur (UniKL), a MARA wholly owned university.2 May 2023

willc48

712 posts

Posted by willc48 > 2023-05-23 09:52 | Report Abuse

company Cina srkrg guna melayu jadi board member. sekrg company bukan shj bankrap shareholder melaui consolidation syer tapi pekerja yang ambil ESOS syarikat pun terjerat. Jabatan kuasa seperti Zbursa

Good123

24,675 posts

Posted by Good123 > 2023-05-23 10:19 | Report Abuse






Sungguh ajaib hahaha

@willc48

company Cina srkrg guna melayu jadi board member. sekrg company bukan shj bankrap shareholder melaui consolidation syer tapi pekerja yang ambil ESOS syarikat pun terjerat. Jabatan kuasa seperti Zbursa

24 minutes ago

Good123

24,675 posts

Posted by Good123 > 2023-05-23 10:28 | Report Abuse

keluarga malaysia, kalau mau makan wang pun makan bersama hahaha

Good123

24,675 posts

Posted by Good123 > 2023-05-23 12:26 | Report Abuse

Shareholder
Question:
The Company has performed badly during the past few years especially wanting to venture into
the glove sector which was like beating around the bush and we hope we were wrong in this
sense.
Reply by the Board:
At the moment, Vsolar has no plans to venture into the glove business.
(4) Shareholder
Question:
How can the Company turnaround and give shareholders’ confidence?
Reply by the Board:
The Company is in the midst of negotiating a few projects for the rooftop solar system and any
update on the projects will be announced through Bursa Malaysia Securities Berhad (“Bursa
Securities“).
(5) Shareholder
Question:
The share price is roller coasting up and down so vigorously. The financial results however are
like a sick cat waiting for cure.
What is the Board’s view on the prospects of the Company in the coming 2 to 5 years?
Reply by the Board:
The Company is unable to control the share price. However, the Company will improve its
financial performance by securing the projects as mentioned above so as to increase the
Company’s value which would indirectly influence the share price. Any update on the projects
will be announced through the Bursa Securities.
(6) Shareholder
Question:
What is Independent Directors’ view on the Company’s diversity into other businesses like
buying other public listed company’ (“PLC”) shares and not just focus on the core business?
Reply by the Board:
The Company has focused on its core business in Malaysia as well as Taiwan. However, the
nature of Vsolar’s business is subject to the relevant authorities’ approval and macro-economies
and it requires certain amounts of waiting or processing time.
Vsolar Group Berhad
Registration No. 200301029575 (631995-T)
Summary of key matters discussed at the 18th Annual General Meeting held on 26 November 2021
Page 3/-
In view of the Company’s available funds, the Management placed it in the money markets and
invested in PLC’s shares with high liquidity.
With that, the Chairman concluded the Questions and Answers session of the Meeting. All the
resolutions tabled at the 18th AGM of the Company and voted upon by poll were duly passed by the
shareholders.
There being no other business, the Meeting terminated at 11.21 a.m. with a vote of thanks to the Chair

Good123

24,675 posts

Posted by Good123 > 2023-05-23 12:28 | Report Abuse

HIGH LIQUIDITY CIPLAK PENNY STOK DIMANA SYKT TU RUGI BERTERUSAN, DLL KAN?

ASK THEM AGAIN

In view of the Company’s available funds, the Management placed it in the money markets and
invested in PLC’s shares with high liquidity.

Good123

24,675 posts

Posted by Good123 > 2023-05-23 12:29 | Report Abuse

TELL THEM TO LIST THE PENNY STOCKS THEY HAD BOUGHT????????????/ HAHAHA

the Management placed it in the money markets and
invested in PLC’s shares with high liquidity.

Good123

24,675 posts

Posted by Good123 > 2023-05-23 12:30 | Report Abuse

SC or Bursa perlu melarang PLCs yg tiada retained earnings tak boleh beli quoted syer sykt2 lain....... macam buyback share sendiri pun perlu ada retained earnings

Good123

24,675 posts

Posted by Good123 > 2023-05-23 12:31 | Report Abuse

tak peduli pengarah2 melayu, dll jika menipu atau scam pelabur2 , mereka mesti didakwa, dll

Good123

24,675 posts

Posted by Good123 > 2023-05-23 14:03 | Report Abuse

see first, whether the new govt would put all the directors of vsolar in jail due to misuse of power, etc

Good123

24,675 posts

Posted by Good123 > 2023-05-23 14:12 | Report Abuse

Takut didakwa dan masuk jel, cabut terdahulu:)

Change in Boardroom
VSOLAR GROUP BERHAD

Date of change 28 Apr 2023
Name ENCIK ABDUL MENON BIN ARSAD @ ABDUL MANAN BIN ARSHAD
Age 76
Gender Male
Nationality Malaysia
Designation Independent Director
Directorate Independent and Non Executive
Type of change Resignation
Reason To comply with the amended definition of independent director where all long-serving independent director of more than 12 years must resign or re-designated as a non-independent director.

Good123

24,675 posts

Posted by Good123 > 2023-05-23 14:47 | Report Abuse

Geng tangan ghaib dah tak berani untuk memanipulasi ka? Takut didakwa dan dipenjarakan oleh kerajaan baru ka? Agak slow kali ni

Good123

24,675 posts

Posted by Good123 > 2023-05-23 14:52 | Report Abuse

Hidden hand gang is getting nervous with the new govt... Maybe, change of major shareholder, avoid risking the directors being put in jail kot?

Good123

24,675 posts

Posted by Good123 > 2023-05-23 15:34 | Report Abuse

hidden hand gang better exit and, sell it to others. why risking the directors going to jail anymore? dah cukup jumlah, melebihi dari cukup hahaha

fl888

7,504 posts

Posted by fl888 > 2023-05-23 16:19 | Report Abuse

Consolidated shares not credited into many accounts so cannot sell but can buy ....think by today all credited , then got big Con game tomorrow

Good123

24,675 posts

Posted by Good123 > 2023-05-23 16:25 | Report Abuse

Hidden hand gang must exit .. endgame, checkmate!!!

MACC probes ex-PM's son over business activities'
Published: May 23, 2023 1:47 PM

Updated: 1:49 PM

Good123

24,675 posts

Posted by Good123 > 2023-05-23 16:35 | Report Abuse

Directors keep changing, takut masuk jel kot?... Macam main roulette kini

Good123

24,675 posts

Posted by Good123 > 2023-05-23 16:41 | Report Abuse


Puak ni berani mati dan tak takut masuk jel ka? :)

@fl888

Consolidated shares not credited into many accounts so cannot sell but can buy ....think by today all credited , then got big Con game tomorrow

4 minutes ago

Good123

24,675 posts

Posted by Good123 > 2023-05-23 16:46 | Report Abuse

Semoga dia pergi cari pembeli, geng tangan ghaib boleh cabut :)



0066 VSOLAR VSOLAR GROUP BERHAD
Change in Boardroom
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:
Datuk Salmah Hayati binti Ghazali (Datuk Salmah) is a retired civil
servant, over 40 years of working experience with Majlis Amanah Rakyat (MARA) a
government agency and Universiti Kuala Lumpur (UniKL), a MARA wholly owned
university. Her last position in MARA was Deputy Director General
(Entrepreneurship) and at UniKL as Deputy President for Management
Services.Currently, Datuk Salmah serves as advisor to two entities namely
Malaysia Multimedia University, Entrepreneur Development Centre and Takex Sdn.
Bhd. She was the former Board Member of UniKL Resources Sdn. Bhd., Pelaburan
MARA Berhad, Kolej Polytech MARA Sdn. Bhd. and Asia Aerotechnic Sdn. Bhd.
Directorship of public companies (if any):
JOE Holding Berhad
Family relationship with any director and/or major shareholder of the listed issuer:
NIL
Details of any interest in the securities of the listed issuer or its subsidiaries:
NIL
Composition of Audit Committee After Change:
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: 202305023300246

Good123

24,675 posts

Posted by Good123 > 2023-05-23 19:03 | Report Abuse

Ramalanku 20sen+ menurut kadar kenaikan harga syer pasukhas ~35% selepas konsolidasi syer...

Berhati2 jika mau trade...high risk

Good123

24,675 posts

Posted by Good123 > 2023-05-23 20:37 | Report Abuse

Shareholders boleh sue directors... Beli quoted syer ciplak menyebabkan kerugian besar

Loss after tax
The Group recorded a loss after tax of RM10.10 million for the three (3) months ended 30 September
2022 as compared to loss after tax of RM9.31 million for the preceding corresponding financial
quarter. The loss after tax in current quarter are mainly attributable to fair value loss on other
investment of RM11.14 million while the loss after tax in preceding corresponding financial quarter
was mainly attributable by share-based payment of RM7.59 million.

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