Posted by messi > 2021-03-28 17:22 | Report Abuse

Excess issuance of shares through ESOS and private placement to dilute shareholding and increase the issued shares to multi billion. Then undertake share consolidation and rights issue to raise more funds causing heavy losses to minority shareholders.

Posted by messi > 2021-03-28 17:24 | Report Abuse

Please share to alert all unsuspecting investors

Posted by freddiehero > 2021-03-28 17:34 | Report Abuse

yo dude, sound like u losing alot..

Posted by LowLowLower > 2021-03-28 19:57 | Report Abuse

This one uses kenneth goreng also got hit?
bursabribe2 https://kennethvunyunlun.wordpress.com/2021/03/26/the-new-john-soh-of-malaysia-kenneth-vun-stock-rigging-scheme-the-last-nail-on-his-own-coffin-how-sc-pdrm-macc-singapore-mas-probed/

Kenneth Vun Yun Lun and Mak Siew Wei prove leaked. Here we go.
28/03/2021 7:19 PM

Posted by EVO118 > 2021-03-29 15:39 | Report Abuse

The four resolutions for this little exercise is going to a shareholders meeting on the 2/4/2021.

Posted by Yuzuo_Wu > 2021-03-29 15:43 | Report Abuse

Need more people to submit complaint to MSWG for any suspicion of abuse of fund raising thru ESOS or PP and then followed by share consolidation & rights issue to raise more fund from shareholders.

http://www.mswg.org.my/complaint

Posted by whistlebower99 > 2021-03-29 22:28 | Report Abuse

Affected investors can report to macc or mswg for investigation on penny stock companies directors cheating on minority shareholders using esos and private placement to issue billion of shares followed by share consolidation and rights issue to raise more funds from shareholders causing losses to Minority Shareholders.

Posted by Ting Ting > 2021-03-30 09:20 | Report Abuse

What is MSWG?

Posted by messi > 2021-03-31 07:33 | Report Abuse

Minority Shareholders Watch Group

Posted by EVO118 > 2021-03-31 13:33 | Report Abuse

Make sure you get your vote in. Yes OR No. Don't complain about it later on. Meeting is on this Friday at 11.00 am at Tropicana Golf and Country Resort, Petaling Jaya, Selangor. My advice is don't think of the warrant as "FREE WARRANT- DIng, Ding, Ding - GOOD". Don't forget you have to commit more money for the rights issue. Is it worth it ? Only you can answer that question.

Posted by iopa46 > 2021-03-31 20:04 | Report Abuse

https://www.theedgemarkets.com/article/special-report-share-issuances-new-getrichquick-scheme-town

5g cent also trap people

Posted by EVO118 > 2021-04-01 09:09 | Report Abuse

Can't make enough money in the business they are already in. The easy way to make money, is using Covid-19 crisis as an opportunity to raise more money. Easy way to con shareholders.

Posted by messi > 2021-04-01 10:04 | Report Abuse

Lodge complaint to mswg or macc or sc.

Posted by detouch > 2021-04-02 09:56 |

Post removed.Why?

Posted by numberone > 2021-04-02 14:49 |

Post removed.Why?

Posted by defragmenter > 2021-04-02 20:31 | Report Abuse

So, EGM already done. Whats next ?

Posted by EVO118 > 2021-04-02 20:53 | Report Abuse

All four resolutions were passed even with lesser shareholders because they hold more shares than those shareholders voting against. Now we just have to wait & see how they manipulate the market before we have to commit more money to get the rights. Don't forget this RI is 10x more of the pre-consolidation price. Instead of 0.03 cents it will now cost us 0.30 per share. If they don't get the $ from the RI or the profit from the ESOS, they will come back again for another bite 6 months later like they all do.

Posted by Henryz79 > 2021-04-02 21:54 | Report Abuse

Big snake sit on dead crab..... Win Majority but lose number of share......

Kesian thus staff buy ESOS, the company korek more money from you.....

If no money, you are in dead shit to recover after consolidate..

Posted by EVO118 > 2021-04-03 09:41 | Report Abuse

Soon-to-be glovemaker Sanichi closes down 19% as shares trade ex in 10-to-1 consolidation.
https://www.theedgemarkets.com/article/sanichi-closes-down-19-shares-trade-ex-10to1-consolidation.
Is this sort of scenario going to happen here? Good reading.

Posted by MadCow75 > 2021-04-03 13:09 | Report Abuse

avoid all fintec group.. makan u sampai tulang pun takada...

Posted by EVO118 > 2021-04-03 14:03 | Report Abuse

You all know you have to put up 6 times more than what you have invested in this company, to get the 6 RI plus you will get 3 free warrants for every rights. if you have 500,000 shares now, it will be 50,000 x 6 = 300,000 rights to take up @ the new price of say 0.30 if the shares are 0.03 before consolidation. That is a cost of 300,000 x 0.30 = $90,000. Your original investment in this company was 500,000 x 0.03 =15,000 ( based on the price before consolidation.) Question is the opportunity cost. Does the benefit outweighs the initial extra outlay. Can you get a better return than chasing this exercise here or do you park your extra outlay somewhere else. Do your own analysis.

Posted by Henryz79 > 2021-04-04 14:03 | Report Abuse

The propose RI is every 1 lot allow to buy 0.6 lot R.I at 0.10 cents... not 0.3...... If 0.3 no one will buy

Posted by dompeilee > 2021-04-04 17:04 | Report Abuse

MSWG doesn't give a ra t's a ss about retailers la...I tried b4...tidak apa is their attitude.

Posted by freddiehero > 2021-04-04 17:40 | Report Abuse

waste time only la.. hope investment company do properly lo..

Posted by defragmenter > 2021-04-05 09:41 | Report Abuse

I have a question. I have mTouche shares but i dont have ATSys share.

But just for comparison, ATS issued RI at 0.035.
Now ATS is priced RM0.095. Does that mean those who took up RI is earning money ?


===================================
RENOUNCEABLE RIGHTS ISSUE OF UP TO 997,966,616 NEW ORDINARY SHARES IN AT SYSTEMATIZATION BERHAD (''ATS'' OR THE ''COMPANY'') (''RIGHTS SHARES'') AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE TOGETHER WITH UP TO 748,474,962 FREE DETACHABLE WARRANTS IN ATS (''WARRANTS C'') ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS C FOR EVERY 2 EXISTING ORDINARY SHARES IN ATS (''ATS SHARES'' OR ''SHARES'') HELD BY ENTITLED SHAREHOLDERS OF ATS AT 5.00 P.M. ON 16 MARCH 2020 ("RIGHTS ISSUE WITH WARRANTS")
===================================

Posted by Mytrd > 2021-04-05 12:24 | Report Abuse

From history after egm , ard 3 month time to completed the consolidation. First deed poll for warrant then ex date for consolidation. After consolidation hope announce good news to spike up the price else all money masuk longkang

Posted by Mytrd > 2021-04-05 12:25 | Report Abuse

See history will repeat again this time

Posted by czhoong > 2021-04-05 16:44 | Report Abuse

History will see what? I am trap in 0.06, should stay wait for the consolidation or CL?

Posted by Mytrd > 2021-04-05 17:07 | Report Abuse

Should stay wait for consolidation, after consolidation from previous round, the company release the good news and push up the price.

Posted by Mytrd > 2021-04-05 17:10 | Report Abuse

My planning is to cut before RI and if the price getting lower I accept the loses. I’m moving my fund out from bursa to trade US market

Posted by Citadel9999 > 2021-04-05 17:39 |

Post removed.Why?

Posted by freddiehero > 2021-04-05 17:58 | Report Abuse

if consol time, boss announce buying biopharma manufacturing self packing vaccine, sure can limit up kuat kuat..

Posted by freddiehero > 2021-04-05 17:59 | Report Abuse

sometime feel it will limit down, but sometime also feel it will limit up...

Posted by freddiehero > 2021-04-05 18:00 | Report Abuse

hope for company to do the investment can benefit us each other..

Posted by MadCow75 > 2021-04-06 00:38 |

Post removed.Why?

Posted by Scylla > 2021-04-06 11:03 | Report Abuse

Same witch sanichi pattern. Pls go check

Posted by Scylla > 2021-04-06 11:07 | Report Abuse

Let say u have 100% after consolidate become 10%

Posted by Scylla > 2021-04-06 11:07 | Report Abuse

Let say u have 100% after consolidate become 10%

Posted by drago_7 > 2021-04-06 15:42 | Report Abuse

FOR ANY COMPLAINTS PLEASE REFER HERE:

Kindly liaise directly with the share registrars of MTouche Technology Berhad (MTOUCHE) as below: 

SHAREWORKS SDN BHD    

No 2 -1 Jalan Sri Hartamas 8    Sri Hartamas   50480 Kuala Lumpur    

Tel       03 – 62011120Fax No 03 – 62013121/5959

E-Mail shareg@shareworks.com.my

Posted by Henryz79 > 2021-04-07 00:03 | Report Abuse

Any success case happen before??

I doubt so.... is just waste of time here in Malaysia

Posted by Henryz79 > 2021-04-07 00:38 | Report Abuse

By looking in year Sep 2017 RI + Free Warrant......the share doesnt seem go up much higher than the date right issue at 0.20 cents.... Conclusion.... Investor kena cheat..... Look scary..... I not sure if i want to take it

Posted by Henryz79 > 2021-04-07 01:09 | Report Abuse

Woow Since 2005 the company incoperated.....

This company spending deficit up to date -RM 1.39 Billion Ringgit

Those work there so syok makan gaji buta..... money come money come.... Investor cry out loud

The 1st 2 year make good profit, the rest of year.... RUBISH

Posted by EVO118 > 2021-04-07 06:00 | Report Abuse

2nd qtr report out. Not getting anywhere.

Posted by Mytrd > 2021-04-07 11:15 | Report Abuse

MadCow75 Mytrd.... now already best time to invest in US, see tesla from 602 now 698... and this 2 day china concept counter drop like hell, should go sapu... dun waste time at this fintec group of counter...
06/04/2021 12:38 AM

Agreed with you, I do trade nio and tesla and profit from it. Trade use tiger broker and moo moo broker as its cheap.

As for mtouche the more I average the more it drop. No eyes see

Posted by detouch > 2021-04-07 12:04 |

Post removed.Why?

Posted by Henryz79 > 2021-04-07 15:00 | Report Abuse

The question is how can a company run with almost yearly deficit still survive for 16 years...... Losing Billion of Ringgit......... Now i understand why businessman want to public listed their company......; Goyang kaki everyday.... talk cock can oledi.... as long as got monthly salary pay by investor

Posted by greedy44444 > 2021-04-08 01:17 | Report Abuse

Consolidation 10 to 1 coming soon...runnnnn !!

Posted by greedy44444 > 2021-04-08 01:18 | Report Abuse

Look at Sanichi... after 10 to 1 the share price down everyday, maybe back to the price before consolidation !

Posted by CUTLOST > 2021-04-08 02:15 | Report Abuse

Wait 1cts and consolidate 10 to 1, then drop back 50% to 5cts..all will get burn..

Posted by iopa46 > 2021-04-08 09:51 | Report Abuse

now we wait this counter promoter and marketer to kompang and talk like pro analyst with mathematical theory to trap people.