MLABS SYSTEMS BHD

KLSE (MYR): MLAB (0085)

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Last Price

0.11

Today's Change

-0.015 (12.00%)

Day's Change

0.11 - 0.13

Trading Volume

9,549,700


7 people like this.

13,212 comment(s). Last comment by rpklim8888 3 hours ago

dkpm89

554 posts

Posted by dkpm89 > 2016-06-02 14:59 | Report Abuse

last call

Posted by speculat0r > 2016-06-02 15:05 | Report Abuse

Wa @9sen.. market is green now, possible to go up till end of this weeks

Mowwwa

953 posts

Posted by Mowwwa > 2016-06-02 15:07 | Report Abuse

moving upward?

Mowwwa

953 posts

Posted by Mowwwa > 2016-06-02 15:08 | Report Abuse

wa vol 5x than mother..another mexter

Posted by speculat0r > 2016-06-02 15:09 | Report Abuse

35% of wa are now priced above 8sen.. should be a good price to enter

dkpm89

554 posts

Posted by dkpm89 > 2016-06-02 15:14 | Report Abuse

yea .time to move in at 8. support there now

richman

10,110 posts

Posted by richman > 2016-06-02 15:15 | Report Abuse

knew they will throw down .no news and a very bad company

richman

10,110 posts

Posted by richman > 2016-06-02 15:15 | Report Abuse

they push warrants maybe to exit with profits

dkpm89

554 posts

Posted by dkpm89 > 2016-06-02 15:16 | Report Abuse

oooooo flush out hopefully

richman

10,110 posts

Posted by richman > 2016-06-02 15:16 | Report Abuse

play among themselves and catch ikan bilis in between

Posted by speculat0r > 2016-06-02 15:16 | Report Abuse

Shit..a was wrong

Posted by speculat0r > 2016-06-02 15:22 | Report Abuse

Ic..bcoz of uma

richman

10,110 posts

Posted by richman > 2016-06-02 15:22 | Report Abuse

think may go down to as low as 5 cts

richman

10,110 posts

Posted by richman > 2016-06-02 15:23 | Report Abuse

tomorrow back to 3cts

dkpm89

554 posts

Posted by dkpm89 > 2016-06-02 15:23 | Report Abuse

need mexter here ....

richman

10,110 posts

Posted by richman > 2016-06-02 15:24 | Report Abuse

read up on mlab before you throw your hard earned money to these crooks

dkpm89

554 posts

Posted by dkpm89 > 2016-06-02 15:25 | Report Abuse

gonna be a yoyo

chin5041

78 posts

Posted by chin5041 > 2016-06-02 15:25 | Report Abuse

throwing like mad since 9.5cents down the road to 6.5cents. habis cerita.

dkpm89

554 posts

Posted by dkpm89 > 2016-06-02 15:28 | Report Abuse

lets see later...

Mowwwa

953 posts

Posted by Mowwwa > 2016-06-02 15:38 | Report Abuse

end of game

TomyamGong

4,139 posts

Posted by TomyamGong > 2016-06-02 15:39 | Report Abuse

UMA issued. Game over.

dkpm89

554 posts

Posted by dkpm89 > 2016-06-02 15:44 | Report Abuse

no wonder slowed down...UMA

TomyamGong

4,139 posts

Posted by TomyamGong > 2016-06-02 15:45 | Report Abuse

Sapu profit 6k within a day. Thanks mlab.hahaa

richman

10,110 posts

Posted by richman > 2016-06-02 15:53 | Report Abuse

lousy counter lah those who got contra congrats

Investhor

532 posts

Posted by Investhor > 2016-06-02 15:57 | Report Abuse

retracement after UMA, we see how it go

Mowwwa

953 posts

Posted by Mowwwa > 2016-06-02 16:01 | Report Abuse

how do u see investhor?

Mowwwa

953 posts

Posted by Mowwwa > 2016-06-02 16:41 | Report Abuse

UMA BUT STILL CAN TRADE?

richkid

8,140 posts

Posted by richkid > 2016-06-02 16:53 | Report Abuse

Unless there is a good reply or reason for the sharp rise like mexter's case someone buying...else will fall.

Mowwwa

953 posts

Posted by Mowwwa > 2016-06-02 16:58 | Report Abuse

1 DAY PLAY...LEFT TO RIGHT HAND

bjgdila123

3,468 posts

Posted by bjgdila123 > 2016-06-02 17:03 | Report Abuse

uma mari esok mati

Mowwwa

953 posts

Posted by Mowwwa > 2016-06-02 17:18 | Report Abuse

kikiki

dkpm89

554 posts

Posted by dkpm89 > 2016-06-02 17:38 | Report Abuse

most kena UMA AND THE REPLY IS always standard la. impt is the operator. how strong , mexter sure strong as there were riding on 4 days gain...keeping fingers crossed for tomor

kahfai211

822 posts

Posted by kahfai211 > 2016-06-02 17:41 | Report Abuse

i believe tomorrow will continue

Mowwwa

953 posts

Posted by Mowwwa > 2016-06-02 17:46 | Report Abuse

OR LIMIT UP TOMOROW ?:))

Ijai7

18 posts

Posted by Ijai7 > 2016-06-02 17:51 | Report Abuse

LIMIT UPPPPPP hehheeh

kahfai211

822 posts

Posted by kahfai211 > 2016-06-02 21:54 | Report Abuse

the pattern same like mexter...

fang111

110 posts

Posted by fang111 > 2016-06-02 22:40 | Report Abuse

Yaya agree.

TomyamGong

4,139 posts

Posted by TomyamGong > 2016-06-02 22:51 | Report Abuse

First day rally then kena UMA. no chance already guys. Run before it collapse. If 2nd rally day only come out UMA then different story la

fang111

110 posts

Posted by fang111 > 2016-06-02 23:09 | Report Abuse

Got uma? Show us the link pls.

fang111

110 posts

Posted by fang111 > 2016-06-02 23:10 | Report Abuse

I don't hold any this stock.

lian998

464 posts

Posted by lian998 > 2016-06-02 23:39 | Report Abuse

Mlab has completed the initial beta testing of the new product.
New intiative to increase rev from Internet portal pacifica2u.com.
stated in the financial report.

Mowwwa

953 posts

Posted by Mowwwa > 2016-06-03 02:00 | Report Abuse

We refer to the UMA Query by Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 2 June 2016 in relation to the sharp rise in price and high volume of the Company’s shares today and our replies below after making due enquiry with the Company’s directors and major shareholders as well as such other relevant persons seeking the cause of the UMA:-



1. whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision



There are presently no corporate development relating to MLABS and its subsidiaries’ (“MLABS Group”) business and affairs that has not been previously announced that may account for the UMA other than the Company’s ongoing discussions with Bage Holdings Limited (“BAGE Holdings” or the “Vendor”) since the first quarter of 2016 for the proposed acquisition of the entire issued and paid-up share capital of BAGE (China) Co., Limited (“BAGE HK”) (“Proposed Acquisition”).



BAGE HK was incorporated in Hong Kong under the Hong Kong Companies Ordinance (Cap. 32) on 1 September 2006 as a private company with liabilities under its present name.



The entire issued and paid-up share capital of BAGE HK of HK$160,000 comprising 160,000 ordinary shares of HK$1.00 each. BAGE HK is wholly-owned by BAGE Holdings.



BAGE HK’s principal activity is investment holding. Through its sole operating subsidiary, QuanZhou Bage Sports and Leisure Goods Co., Limited (“QuanZhou BAGE”), BAGE HK is principally involved in the design, marketing, brand management, distribution and/or manufacturing of footwear, as well as the marketing, brand management, distribution and/or design of apparels and accessories, under its own proprietary brand name of “BAGE”. QuanZhou BAGE is also an original equipment manufacturer of local and international footwear brands.



At this juncture, the terms of the Proposed Acquisition has not been finalised. Upon finalisation of such terms, the Company intends to enter into a Heads of Agreement for the Proposed Acquisition within two (2) weeks from the date of this announcement. The Company will make the necessary announcements in accordance with the provisions of the ACE Market Listing Requirements.





2. whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Rules 9.09 and 9.10 of the LR;



The Company is not aware of any rumour or report concerning the business and affairs of the MLABS Group that may account for the trading activity.





3. whether you are aware of any other possible explanation to account for the trading activity; and



The Company is unaware of any other possible explanation to account for the trading activity.





4. whether you are in compliance with the LR, in particular Rule 9.03 of the LR on immediate disclosure obligations.



The Company is in compliance with the ACE Market Listing Requirements.





This announcement is dated 2 June 2016.

bjgdila123

3,468 posts

Posted by bjgdila123 > 2016-06-03 08:31 | Report Abuse

cabut , sell sell early early

Investhor

532 posts

Posted by Investhor > 2016-06-03 08:49 | Report Abuse

good reply to UMA, high possibility deal is nearly go thru, may continue today

dkpm89

554 posts

Posted by dkpm89 > 2016-06-03 09:04 | Report Abuse

YES , for those who are in, sit tight and good luck

fl888

7,636 posts

Posted by fl888 > 2016-06-03 09:23 | Report Abuse

clean balance sheet after par reduction, see to believe....buy buy.....

TomyamGong

4,139 posts

Posted by TomyamGong > 2016-06-03 09:45 | Report Abuse

Run lo guys. No more buying interests

dkpm89

554 posts

Posted by dkpm89 > 2016-06-03 09:53 | Report Abuse

can be in top volume and no buying interest ?

Ijai7

18 posts

Posted by Ijai7 > 2016-06-03 09:54 | Report Abuse

10am is discount time maaa....wait la for buying interest

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