BE INFORMED VSOLAR-WB will be suspended from trading on 21 Jun 2023 Just 3 more trading days !!!!
Expiry/Maturity of the securities
Instrument Type Warrants Exercise/ Strike/ Conversion Price Malaysian Ringgit (MYR) 0.9000 Exercise/ Conversion Ratio 1:1 Last Date & Time of Trading 20 Jun 2023 05:00 PM Date & Time of Suspension 21 Jun 2023 09:00 AM Last Date & Time for Transfer into Depositor's CDS a/c 30 Jun 2023 04:30 PM Date & Time of Expiry 07 Jul 2023 05:00 PM Date & Time for Delisting 10 Jul 2023 09:00 AM
Hi im a super newbie and got into the expiring warrant and now the warrant is suspended for trading. Based on the notice, what would be the best course of action I should take. I hope sifu here can give some advise.
DGB is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 26 June 2023.
=================== Be careful if holding high NOSH low price penny stocks for long term
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 - DGB, MMAG, DOLPHIN, TECHNAX, ICON
PROPOSED CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN VSOLAR (“VSOLAR SHARES” OR “SHARES”) INTO 1 SHARE (“CONSOLIDATED SHARE”); AND
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
Operators and price influencers will try push up the share price to attract new players for the rights issue shares
NOSH is low at the moment only 161,158,069 shares
After rights issue, the NOSH will be close to 1 BILLION shares With more fund raising by directors via shares issuance to PP, ESOS, NOSH will eventually become multi BILLION shares again
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....
8899EL8899
2,264 posts
Posted by 8899EL8899 > 2023-06-17 14:58 | Report Abuse
ASSUMING VSOLAR FUTURE IS BRIGHT,
FOR SURE THE RUBBISH BOSS WILL TAKE IT ALL,
ANYTHING LEFT FOR YOU TO CHEW ?
HANGING IN THE AIR,
YOU CAN SEE,
BUT ,
YOU DARE NOT TO TOUCH IT !