MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.14

Today's Change

-0.015 (9.68%)

Day's Change

0.14 - 0.155

Trading Volume

14,560,200


7 people like this.

13,210 comment(s). Last comment by whistlebower99 2 days ago

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-11 09:22 | Report Abuse

I think credit s keep throwing the ticket...

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:22 | Report Abuse

last day fight b4 warrant opens for trading next Monday

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:23 | Report Abuse

today ordinary share price will determine warrant price next Monday

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2020-12-11 09:24 | Report Abuse

most con counter ever!

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:25 | Report Abuse

market cap ~RM 80mil, cash n cash equivalents after RI now ~ rm100mil

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:26 | Report Abuse

market cap kecil, easy to recover, fly, etc. wait n see :)

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:28 | Report Abuse

cash n cash equivalents ~ RM 100mil > market cap~rm80mil, interesting

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:28 | Report Abuse

cash rich, zero gearing , haha Murah Kan?

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:30 | Report Abuse

senang Kan ? retailers lari, Ada pihak sapu, Lepas Tu Baru bagi tau siapakah new substantial Shareholders macam netx pulak? tenang?

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:32 | Report Abuse

mlabs juga Ada video conferencing products, jika zoom atau Cisco muncul sebagai pemegang syer utama baru, APA boleh jadi?

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:33 | Report Abuse

mlabs juga Dah menceburi bidang filem, tak tau siapakah new substantial Shareholder baru

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:34 | Report Abuse

game emosi, perlu tenang

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:34 | Report Abuse

15 juta syer Dah bertukar tangan

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:34 | Report Abuse

syer sungguh laris Hari ini

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-11 09:38 |

Post removed.Why?

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:39 | Report Abuse

major shareholders are expected to support the share price, tunggu Dan lihat

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:40 | Report Abuse

~17mil shares traded so early

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:40 | Report Abuse

Barangkali sudden surge macam netx, :) sabar ya

CityHuntEr

626 posts

Posted by CityHuntEr > 2020-12-11 09:41 | Report Abuse

Hongkies conman manyak...

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:42 | Report Abuse

orang pihak kata ultimate boss mlab/netx terlalu Kaya :)

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:42 | Report Abuse

usah gelisah

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:43 | Report Abuse

bila orang takut, Kita mesti tamak - Warren buffett

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:45 | Report Abuse

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Winner8

92 posts

Posted by Winner8 > 2020-12-11 09:45 | Report Abuse

Con counter

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:45 | Report Abuse

Price is what you pay. Value is what you get.

Good123

25,225 posts

Posted by Good123 > 2020-12-11 09:45 | Report Abuse

Someone's sitting in the shade today because someone planted a tree a long time ago.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 09:51 | Report Abuse

RI was oversubscribed ~7% ingat :)


NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MLABS SYSTEMS BERHAD ("MLABS" OR THE "COMPANY") RIGHTS ISSUE WITH WARRANTS

MLABS SYSTEMS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description MLABS SYSTEMS BERHAD ("MLABS" OR THE "COMPANY")

RIGHTS ISSUE WITH WARRANTS
(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Abridged Prospectus dated 13 November 2020 issued by the Company in relation to the Rights Issue with Warrants.)



We refer to the Abridged Prospectus dated 13 November 2020.



On behalf of the Board, Mercury Securities wishes to announce that pursuant to the close of acceptance, excess applications and payment for the Rights Shares with Warrants C at 5.00 p.m. on 30 November 2020, the Company had received valid acceptances and excess applications for a total of 806,441,306 Rights Shares, representing an over-subscription of 6.8% over the total number of Rights Shares available for subscription under the Rights Issue with Warrants.



Details of such valid acceptances and excess applications received are as follows:-





No. of Rights Shares

% of total issue

Total valid acceptances

621,805,762

82.3

Total valid excess applications

184,635,544

24.5

Total valid acceptances and excess applications

806,441,306

106.8

Total Rights Shares available for subscription

755,123,220

100.0

Over-subscription

51,318,086

6.8


Successful applicants of the Rights Shares will be given Warrants C on the basis of 7 Warrants C for every 12 Rights Shares successfully subscribed for. The Excess Rights Shares with Warrants C will be allotted in a fair and equitable manner in the following priority:-



(i) firstly, to minimise the incidence of odd lots;



(ii) secondly, on a pro-rata basis and in board lots, to the Entitled Shareholders who have applied for Excess Rights Shares with Warrants C, taking into consideration their respective shareholdings in the Company as at the Entitlement Date;



(iii) thirdly, on a pro-rata basis and in board lots, to the Entitled Shareholders who have applied for Excess Rights Shares with Warrants C, taking into consideration the quantum of their respective Excess Rights Shares with Warrants C Applications; and



(iv) finally, on a pro-rata basis and in board lots, to the transferee(s) and/or renouncee(s) who have applied for Excess Rights Shares with Warrants C, taking into consideration the quantum of their respective Excess Rights Shares with Warrants C Applications.



The Excess Rights Shares with Warrants C will firstly be allocated to minimise the odd lots (if any) held by each applicant of Excess Rights Shares with Warrants C. Thereafter, the allocation process will perform items (ii), (iii) and (iv) in succession. Any remaining balance of Excess Rights Shares with Warrants C will be allocated by performing the same sequence of allocation i.e. items (ii), (iii) and (iv) again in succession until all Excess Rights Shares with Warrants C are allotted.



Notwithstanding the foregoing, the Board reserves the right to allot any Excess Rights Shares with Warrants C applied for under Part I(B) of the RSF in such manner as it deems fit and expedient and in the best interests of the Company subject always to such allocation being made on a fair and equitable basis, and that the intention of the Board as set out in (i), (ii), (iii) and (iv) above is achieved. The Board also reserves the right at its absolute discretion not to accept any application for Excess Rights Shares with Warrants C, in full or in part, without assigning any reason thereof.



The Rights Shares and Warrants C are expected to be listed on the ACE Market of Bursa Securities on 14 December 2020.



This announcement is dated 7 December 2020.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 09:53 | Report Abuse

Ya lah, jika ordinary share price tak naik, harga warrant pun tak baik.

Waiting for action, let’s see later

Good123

25,225 posts

Posted by Good123 > 2020-12-11 10:05 | Report Abuse

Mlabs Systems Entered Digital Distribution Agreement With Mtouche International

Nov 19 (Reuters) - Mlabs Systems Bhd <MLBS.KL>::ENTERED DIGITAL DISTRIBUTION AGREEMENT WITH MTOUCHE INTERNATIONAL SDN. BHD.AGREEMENT EXPECTED TO HAVE POSITIVE CONTRIBUTION TO EARNINGS AND NET ASSETS OF GROUP.AGREEMENT TO PROMOTE, MARKET, & DISTRIBUTE NOVEL CORONAVIRUS RP-PCR DETECTION & DIAGNOSTIC KIT, AMONG OTHERS.

zacklee95

232 posts

Posted by zacklee95 > 2020-12-11 10:06 | Report Abuse

we will see haha..

Good123

25,225 posts

Posted by Good123 > 2020-12-11 10:06 | Report Abuse

Mlabs Systems Entered Share Subscription Agreement With Longhouse Films

June 10 (Reuters) - Mlabs Systems Bhd <MLBS.KL>::MLABS SYSTEMS ENTERED SHARE SUBSCRIPTION AGREEMENT WITH LONGHOUSE

Good123

25,225 posts

Posted by Good123 > 2020-12-11 10:06 | Report Abuse

Mlabs Systems Says Unit To Acquire Property For 7 Mln RGT

Sept 24 (Reuters) - Mlabs Systems Bhd <MLBS.KL>::UNIT NEXT GEN BIOSCIENCES SDN BHD TO ACQUIRE PROPERTY FROM VENUS ASSETS SDN BHD FOR 7 MILLION RGT.

Good123

25,225 posts

Posted by Good123 > 2020-12-11 10:08 | Report Abuse

PM membuat kenyataan tentang Vaksin namun tidak memacakkan harga kerana beberapa faktor dalam kaunter yang terlibat.

Saya fikir rally akan kick start minggu depan setidaknya kaunter MTOUCH jika KANGER masih dalam urusan PP dan pullback yang belum sempurna.

Berita Pfizer sangat dekat dengan MTOUCH apabila Mr Tan Boon Koon, executive director MTOUCH pada 13nov2020 mengatakan melalui Shanghai Fosun Long March rakan pengilangnya telah berbincang dengan induknya Shanghai Fosun Pharmaceutical Group untuk mengedarkan Vaksin dari kerjasama antara Biontech dari German dan Pfizer dari USA.

Di masa ini testkid edaran MTOUCH telah mendapat kelulusan MOH untuk di gunakan.

Nexgram akan melakukan di lapangan dan MLABS Sebagai makmal pemprosesan sample.

Eng 88

190 posts

Posted by Eng 88 > 2020-12-11 10:08 | Report Abuse

Wow really Holland counter pls go back 0.05

PrinceofIpoh

1,306 posts

Posted by PrinceofIpoh > 2020-12-11 10:09 | Report Abuse

Hard sell nie... My job is done... Let the others who get paid do the job.. Haha what a con man comp... I like

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 10:19 | Report Abuse

Terbaiklah, shareholders mau :)


@Good123 Mlabs Systems Entered Digital Distribution Agreement With Mtouche International

Nov 19 (Reuters) - Mlabs Systems Bhd <MLBS.KL>::ENTERED DIGITAL DISTRIBUTION AGREEMENT WITH MTOUCHE INTERNATIONAL SDN. BHD.AGREEMENT EXPECTED TO HAVE POSITIVE CONTRIBUTION TO EARNINGS AND NET ASSETS OF GROUP.AGREEMENT TO PROMOTE, MARKET, & DISTRIBUTE NOVEL CORONAVIRUS RP-PCR DETECTION & DIAGNOSTIC KIT, AMONG OTHERS.
11/12/2020 10:05 AM

Good123 Mlabs Systems Says Unit To Acquire Property For 7 Mln RGT

Sept 24 (Reuters) - Mlabs Systems Bhd <MLBS.KL>::UNIT NEXT GEN BIOSCIENCES SDN BHD TO ACQUIRE PROPERTY FROM VENUS ASSETS SDN BHD FOR 7 MILLION RGT.
11/12/2020 10:06 AM

Good123 PM membuat kenyataan tentang Vaksin namun tidak memacakkan harga kerana beberapa faktor dalam kaunter yang terlibat.

Saya fikir rally akan kick start minggu depan setidaknya kaunter MTOUCH jika KANGER masih dalam urusan PP dan pullback yang belum sempurna.

Berita Pfizer sangat dekat dengan MTOUCH apabila Mr Tan Boon Koon, executive director MTOUCH pada 13nov2020 mengatakan melalui Shanghai Fosun Long March rakan pengilangnya telah berbincang dengan induknya Shanghai Fosun Pharmaceutical Group untuk mengedarkan Vaksin dari kerjasama antara Biontech dari German dan Pfizer dari USA.

Di masa ini testkid edaran MTOUCH telah mendapat kelulusan MOH untuk di gunakan.

Nexgram akan melakukan di lapangan dan MLABS Sebagai makmal pemprosesan sample.
11/12/2020 10:08 AM

Posted by SmallFishThinkBig > 2020-12-11 10:20 | Report Abuse

in i3, those putting hatred message mostly are those wish to sapu low price 090. Today last day, last 30 mins if no water fish selling at 090 then they will start picking 095 and so on. lets see.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 10:25 | Report Abuse

Agreed

@ SmallFishThinkBig in i3, those putting hatred message mostly are those wish to sapu low price 090. Today last day, last 30 mins if no water fish selling at 090 then they will start picking 095 and so on. lets see.
11/12/2020 10:20 AM

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 10:36 | Report Abuse

Suruh mereka ambil gambar makmal/lab dan share ya macam AT systems :)


@Good123 Mlabs Systems Says Unit To Acquire Property For 7 Mln RGT

Sept 24 (Reuters) - Mlabs Systems Bhd <MLBS.KL>::UNIT NEXT GEN BIOSCIENCES SDN BHD TO ACQUIRE PROPERTY FROM VENUS ASSETS SDN BHD FOR 7 MILLION RGT.
11/12/2020 10:06 AM

Good123 PM membuat kenyataan tentang Vaksin namun tidak memacakkan harga kerana beberapa faktor dalam kaunter yang terlibat.

Saya fikir rally akan kick start minggu depan setidaknya kaunter MTOUCH jika KANGER masih dalam urusan PP dan pullback yang belum sempurna.

Berita Pfizer sangat dekat dengan MTOUCH apabila Mr Tan Boon Koon, executive director MTOUCH pada 13nov2020 mengatakan melalui Shanghai Fosun Long March rakan pengilangnya telah berbincang dengan induknya Shanghai Fosun Pharmaceutical Group untuk mengedarkan Vaksin dari kerjasama antara Biontech dari German dan Pfizer dari USA.

Di masa ini testkid edaran MTOUCH telah mendapat kelulusan MOH untuk di gunakan.

Nexgram akan melakukan di lapangan dan MLABS Sebagai makmal pemprosesan sample.
11/12/2020 10:08 AM

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 10:42 | Report Abuse

Netx sold 1mil shares ~rm100,000 only few days ago haha

Hold your shares tightly kan? :)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-12-11 10:43 | Report Abuse

Don’t be frightened, banyak sandiwara

Posted by Arsenewenger8383 > 2020-12-11 10:48 | Report Abuse

got discount ka today?? hehehe

Posted by SmallFishThinkBig > 2020-12-11 10:53 | Report Abuse

water fish cepat cut loss haha. we are ready buyer Q at 090 ;p

Posted by Arsenewenger8383 > 2020-12-11 10:55 | Report Abuse

Boleh beli ka 0.095??? Hehe..

KarLeongHo

119 posts

Posted by KarLeongHo > 2020-12-11 11:08 | Report Abuse

yaya...buy buy buy, cash rich company and make Tan Eat Shit rich, operating expenses increase 3x in one yr time, earnings drop more than 6x times, fxxking good company.....

Good123

25,225 posts

Posted by Good123 > 2020-12-11 11:25 | Report Abuse

Tunggu sudden surge macam netx Ka?

Posted by SmallFishThinkBig > 2020-12-11 11:45 | Report Abuse

tunggu 0.005 pn17. faster sell 090 085 pls pls hehe

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-11 11:47 | Report Abuse

where the supporters ? all crying inside cave?

Jinglebell

134 posts

Posted by Jinglebell > 2020-12-11 11:48 | Report Abuse

Becareful guys
Banker wan throw ticket to u at 0.095 .
Stay away from tis counter n buy when below 0.02 .

Posted by Arsenewenger8383 > 2020-12-11 12:02 | Report Abuse

Hehe.. mcm best ini harga.. banyak murah...

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