About 170mil warrants already sold, dengar bahawa wang daripada jualan warrant akan digunakan untuk menyapu syer biasa dengan agresif , tengok bila bermula nanti? :) semoga benar
Citadel112 , good123 and voctor yong is hired by lienho plaza ace market counter . They here to promote. They wont buy any. Victor yong said at klse screener, let the ri subscirber exit first. That mean let thier boss throw all the ticket first, after ikan bilis exit.
Good123 stop influencing ppl to buy at this shit counter . Kawan kawan pls be smart ,this counter soon will fall below 0.05 dun stupid vo enter now u will kena trap for long time!!!
On behalf of the Board, Mercury Securities wishes to announce that the Rights Issue with Warrants has been completed following the listing and quotation of 755,123,220 Rights Shares and 440,488,340 Warrants C on the ACE Market of Bursa Securities today.
Total market capitalisation now RM74.88 million against Cash in Bank..now about nearly RM90 million.....if takeover now , can easily make RM15million,,,??
Tunggu pengumuman pemegang syer utama baru lain nanti.
Changes in Director's Interest (Section 219 of CA 2016)
MLABS SYSTEMS BERHAD
Information Compiled By KLSE
Particulars of Director
Name MR TAN SIK EEK Descriptions(Class) Ordinary Shares Details of changes
No Date of change No of securities Type of transaction Nature of Interest 1 08/12/2020 600,000 Others Direct Interest Name of registered holder TAN SIK EEK Description of "Others" Type of Transaction Share Subscription Consideration (if any) RM0.09
Circumstances by reason of which change has occurred Subscription of shares pursuant to the Company's Rights Issue with Warrants exercise Nature of interest Direct Interest Total no of securities after change
Direct (units) 700,000 Direct (%) 0.079 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0.000 Date of notice 14/12/2020 Date notice received by Listed Issuer
OTHERS MLABS SYSTEMS BERHAD - DIGITAL DISTRIBUTION AGREEMENT WITH MTOUCHE INTERNATIONAL SDN. BHD.
MLABS SYSTEMS BERHAD
Type Announcement Subject OTHERS Description MLABS SYSTEMS BERHAD - DIGITAL DISTRIBUTION AGREEMENT WITH MTOUCHE INTERNATIONAL SDN. BHD. The Board of Directors of Mlabs Systems Berhad (“Mlabs” or the “Company”) wishes to inform that Mlabs Research Sdn. Bhd. (“Mlabs Research”), a wholly owned subsidiary of the Company, had on 19 November 2020 entered into a Digital Distribution Agreement (“Agreement”) with mTouche International Sdn. Bhd. (“MISB”) to promote, market, and distribute Novel Coronavirus (SAR-CoV-2) RP-PCR Detection and Diagnostic kit and Novel Coronavirus (SAR-CoV-2) lgM/lgG Rapid Test Kit, and other equivalent products in Malaysia and South East Asia Region only through Mlabs digital distribution channel.
MISB is a wholly owned subsidiary of mTouche Technology Berhad which the group is engaged in the provision of mobile value-added services and digital medial marketing to more than 40 mobile network operators, who are reaching out to more than 640 million subscribers throught its operation in South East Asia market and Hong Kong.
The Agreement is to a period of one (1) year, commencing on and from 19 November 2020, unless otherwise mutually extended or terminated. Either party may terminate the Agreement upon delivery of written notice at least 30 days prior to such termination.
The Agreement will not have any effects on the share capital and shareholding structure of the Company. However, it is expected to have positive contribution to the earnings and net assets of Mlabs Group.
Similar to all business entities, the risk factors affecting the execution of the Agreement, including but not limited to business risks such as prudent financial management, changes in political, economic and regulatory conditions. However, the Board will continue to exercise due care in considering the risks associated with the Agreement and will take appropriate measures in planning the successful execution of the Agreement.
The Agreement being incurred in the ordinary course of business, is not subject to the approval of the shareholders.
None of the Directors and/or other major shareholders of the Company and/or any persons connected to them have any interest, direct or indirect, in relation to the Agreement.
The Board, after due consideration, is of the opinion that the Agreement is in the best interest of the Group.
JOINT PRESS RELEASE MLABS SYSTEMS BERHAD AND MTOUCHE TECHNOLOGY BERHAD DIGITAL DISTRIBUTION AGREEMENT The Board of Directors of Mlabs Systems Berhad (“MLABS”) and MTouche Technology Berhad “MTOUCHE”) wishes to inform that Mlabs Research Sdn. Bhd. (formerly known as Multimedia Research Lab Sdn Bhd) (“MLABS Research”), a wholly owned subsidiary of the MLABS, had on 19th November 2020 entered into a Digital Distribution Agreement (the “Agreement”) with mTouche International Sdn. Bhd. (“MISB”), a wholly owned subsidiary of the MTOUCHE to promote, market, and distribute Novel Coronavirus (SAR-CoV-2) RP-PCR Detection and Diagnostic kit and Novel Coronavirus (SAR-CoV-2) lgM/lgG Rapid Test Kit, and other equivalent products in Malaysia through MLABS digital distribution channel. MLABS will utilize the existing collaboration partner, iPharmacare (Malaysia) Sdn. Bhd.’s Online Pharmaceutical Platform as the main channel to promote, market, and distribute the Novel Coronavirus (SAR-CoV-2) RP-PCR Detection and Diagnostic kit and Novel Coronavirus (SAR- CoV-2) lgM/lgG Rapid Test Kit to Ministry of Health, Malaysia (MoH) recognized public and private pathology laboratory/hospital. The Agreement is for a period of one (1) year, commencing on and from 19th November 2020, renewable thereafter for successive one (1) year unless otherwise mutually extended or terminated. Either party may terminate the Agreement upon delivery of written notice at least 30 days prior to such termination. Similar to all business entities, the risk factors affecting the execution of the Agreement, including but not limited to business risks such as prudent financial management, changes in political, economic and regulatory conditions. However, the Board of MLABS and MTOUCHE will continue to exercise due care in considering the risks associated with the Agreement and will take appropriate measures in planning the successful execution of the Agreement. The Agreement being incurred in the ordinary course of business, is not subject to the approval of the shareholders of MLABS and MTOUCHE. None of the Directors and/or other major shareholders of MLABS and MTOUCHE and/or any persons connected to them have any interest, direct or indirect, in relation to the Agreement. The Board of MLABS and MTOUCHE, after due consideration, is of the opinion that the Agreement is in the best interest of the both Parties.
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....
Good123
26,620 posts
Posted by Good123 > 2020-12-14 14:34 | Report Abuse
Reason to sell warrant kerana mau top up 9sen untuk memperoleh satu syer biasa, harga syer biasa 9sen +/- saja