MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!! Announcement dated 2 August 2022
=================== 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
GREEN PACKET BERHAD ("GPB" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 716,413,000 NEW ORDINARY SHARES OF GPB, REPRESENTING UP TO 40% OF THE TOTAL NUMBER OF ISSUED SHARES OF GPB (EXCLUDING TREASURY SHARES) ("PRIVATE PLACEMENT")
On behalf of the Board, TA Securities wishes to announce that Bursa Securities has resolved to grant the Company an extension of time of 6 months until 27 January 2023 to complete the implementation of the Private Placement.
This announcement is dated 18 July 2022.
================== NOSH = 1,603,167,631 WB = 350,243,111 Multi year multi quarter loss making company Directors continue to receive salary and payment, busy issuing new shares to ESOS, PP, asset acquisition
================= Be aware of massive shares issuance to be implemented between now to 27 January 2023 Up to 716,413,000 shares for private placement investors
NOSH will shoot up to 2,319,580,631 shares Massive dilution of shareholders equity & EPS
================== 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
On behalf of the Board, TA Securities wishes to announce that Bursa Securities has resolved to grant the Company an extension of time of 6 months until 27 January 2023 to complete the implementation of the Private Placement.
This announcement is dated 18 July 2022. ------------------ Issue price: RM0.079 per placement share Basis: At a discount of RM0.0197 or approximately 19.96% to the 5-day volume weighted average market price of GPB shares up to and including 26 April 2022 (being the last market day immediately preceding the price-fixing date) of RM0.0987 per GPB share.
“I had a withdrawal issue with them and couldn’t get my funds when i initiated a withdrawal, They ask me to pay 20% upfront fees, I did all they asked of me. It’s not so good if everyone complains about a particular issues and nothing is been done to correct it, Except we use external recovery companies like FASTFUNDSRECOVERY before withdrawal issues are resolved. It’s fraud to just wake up and decide to block my account for no reason, why? they kept telling me stories about verifying my income, when did you guys become the government? I was finally able to get my funds recovered by the help of FASTFUNDSRECOVERY AT PROTONMAIL COM , You can use them if you in such situation.
=================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
The bourse has now granted the company time until Jan. 27 January 2023, to complete up to 716.4 million company shares, translating into 40% of the total number of issued shares.
The Malaysia-based international technology plans to use the deal proceeds for the general expenditure of its hyper-scale data center and as working capital, among others.
GREEN PACKET BERHAD ("GPB" OR "COMPANY") PRIVATE PLACEMENT OF UP TO 716,413,000 NEW ORDINARY SHARES OF GPB, REPRESENTING UP TO 40% OF THE TOTAL NUMBER OF ISSUED SHARES OF GPB
On behalf of the Board, TA Securities wishes to announce that the Board had on 18 October 2022 (“Price-fixing Date”) fixed the issue price for the second and final tranche of 358,183,000 Placement Shares at RM0.0289 per Placement Share (“Issue Price”).
The Issue Price is at a discount of RM0.0072 or approximately 19.94% to the 5-day volume weighted average market price of GPB Shares up to and including 17 October 2022 (being the last market day immediately preceding the Price-fixing Date) of RM0.0361 per GPB Share.
================= Directors continue to raise fund via massive shares issuance to PP at low price
NOSH = 1,603,167,631 will continue to rise Dilution of shareholders equity % and EPS
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
=============== TAYOR, be careful holding high NOSH loss making penny stocks
As claimed by scenery: ... Con liar stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5,000% - 10,000%
He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculously. This conman has caused millions of people losing huge yet he say he help newbies.
my advice to new bitcoin investors is for you to do thorough investigations before investing your funds with any of these traders. They first gain your trust by making a small profit, and then block your money for no apparent reason when you invest a large amount. I was just barely lucky enough to get 70 percent of my funds back, thanks to a Recovery Pro who i found on quora. You can reach out to them via spynerdy at gmail com if you’re ever caught in a similar situation
On behalf of the Board, TA Securities wishes to announce that the Board had on 18 October 2022 (“Price-fixing Date”) fixed the issue price for the second and final tranche of 358,183,000 Placement Shares at RM0.0289 per Placement Share (“Issue Price”).
The Issue Price is at a discount of RM0.0072 or approximately 19.94% to the 5-day volume weighted average market price of GPB Shares up to and including 17 October 2022 (being the last market day immediately preceding the Price-fixing Date) of RM0.0361 per GPB Share.
=================== Notice of Interest Sub. S-hldr (Section 137 of CA 2016) Particulars of Substantial Securities Holder Name DATO SRI LIM KOK HAN Name of registered holder Hong Seng Capital Sdn Bhd Pledged Securities Account for Lim Kok Han Date interest acquired 25 Oct 2022 No of securities 358,183,000 Subscription of shares via private placement Total no of securities after change Direct (units) 358,183,000 Direct (%) 18.334 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0 Date of notice 25 Oct 2022 https://www.klsescreener.com/v2/announcements/view/3626735
===================== 18% shareholding for new PP investor is massive Is it the issue price of above PP is at RM0.0289 ?
Massive dilution to existing shareholders equity and EPS NOSH continue to increase
Latest issued share capital after the above corporate proposal in the following Units 1,961,397,461 Issued Share Capital ($$) Malaysian Ringgit (MYR) 355,601,097.580 Listing Date 09 Nov 2022
Remarks : The allotment and issuance of 46,830 Tranche 2 Consideration Shares ("Mazarus Entitlement") marks the completion of Tranche 2 Considerations Shares.
On 28 October 2021, Green Packet Berhad announced that Mazarus Ltd requested to defer the allotment and issuance of 46,830 Tranche 2 Consideration Shares due to it yet to have a Central Depository System ("CDS") account for the crediting of the Mazarus Entitlement on 8 November 2021.
Latest issued share capital after the above corporate proposal in the following Units 1,987,629,194 Issued Share Capital ($$) Malaysian Ringgit (MYR) 357,437,318.890 Listing Date 09 Nov 2022
Remarks : The allotment and issuance of 26,231,733 Tranche 3 Consideration Shares marks the full and final settlement by Green Packet Berhad of the entire equity interest in Xendity Pte Ltd from the Sellers for the Purchase Consideration of USD10.0 million.
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....
Michael R.
4,755 posts
Posted by Michael R. > 2022-07-18 15:26 | Report Abuse
Rock bottom....
Watch this new catalyst
https://www.aljazeera.com/news/2022/7/16/us-saudi-arabia-pledge-moves-to-stabilise-global-energy-markets