Latest penny stocks to propose shares consolidation are FAST & YONGTAI while AGES, MTRONIC & DIGISTA had just completed the exercise or on-going.
Other high NOSH penny stocks that had undergone shares consolidation include pasukgb, pdz, kanger, lambo, sanichi, mtouche, netx, mlab, trive.......etc
Be aware of the risk of trading penny stock with high NOSH multi BILLION issued shares or multi-year losses with directors frequently raising fund via shares issuance to RI, PP and ESOS.
Directors have power to propose shares consolidation and rights issue with free warrants to continue with fund raising exercise
Notice of Person Ceasing (Section 139 of CA 2016) M N C WIRELESS BERHAD Particulars of Substantial Securities Holder Name ARENA EVOLUSI SDN. BHD. Address Suite C-05-03, Block C, Setiawalk, Persiaran Wawasan, Pusat Bandar Puchong, Puchong 47160 Selangor Malaysia. Company No. 202101044695 (1444995-W) Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary shares Name of registered holder Arena Evolusi Sdn. Bhd. Address of registered holder Suite C-05-03, Block C, Setiawalk, Persiaran Wawasan, Pusat Bandar Puchong, 47160 Puchong, Selangor Date of cessation 24 May 2022 No of securities disposed 176,187,300
========= Big shareholder continue to sell down to become small shareholder.
Why does Arena Evolusi Sdn Bhd selling down? Based on what information?
Dynacia already break their 52wk high...this MNC stock could be up at least 0.04 cent as other countries such as china started to recover their economy
================ 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
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
================ 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
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Be careful trading high NOSH loss making penny stock ==================== TAYOR,
=================== 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
=================== 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
List of penny stocks with shares consolidation :-
2022 in progress - MNC, MERIDIAN, LKL, IMPIANA, FAST, VSOLAR
(i) proposed consolidation of every 10 existing ordinary shares in MNC (“MNC Shares” or “Shares”) into 1 MNC Share (“Consolidated Shares”) (“Proposed Share Consolidation”); and
(ii) proposed bonus issue of up to 94,734,940 new warrants in MNC (“Warrants C”) on the basis of 3 Warrants C for every 8 Consolidated Shares held on an entitlement date to be determined and announced later (“Proposed Bonus Issue of Warrants”).
Further details of the Proposals are set out in the attachment below.
BONUS ISSUE OF UP TO 94,734,940 NEW WARRANTS IN M N C WIRELESS BERHAD ("MNC" OR THE "COMPANY") ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 8 EXISTING ORDINARY SHARES IN MNC HELD AT 5.00 PM ON 10 NOVEMBER 2022 ("BONUS ISSUE OF WARRANTS") Shareholder's Approval No Ex-Date 09 Nov 2022 Entitlement date 10 Nov 2022 Entitlement time 5:00 PM
========== Loss making penny stock giving bonus warrant. Be careful holding worthless warrant on expiry date Warrants to enrich operators, big shareholders and directors?
CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN M N C WIRELESS BERHAD ("MNC" OR THE "COMPANY") ("MNC SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 8 NOVEMBER 2022 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") Ex-Date 07 Nov 2022 Entitlement date 08 Nov 2022 https://www.klsescreener.com/v2/stocks/announcement/0103/2468099
==================== BONUS ISSUE OF UP TO 94,734,940 NEW WARRANTS IN M N C WIRELESS BERHAD ("MNC" OR THE "COMPANY") ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 8 EXISTING ORDINARY SHARES IN MNC HELD AT 5.00 PM ON 10 NOVEMBER 2022 ("BONUS ISSUE OF WARRANTS") Ex-Date 09 Nov 2022 Entitlement date 10 Nov 2022 Entitlement time 5:00 PM https://www.klsescreener.com/v2/stocks/announcement/0103/2468105
================= On behalf of the Board, TA Securities wishes to announce that the Company has resolved to fix the exercise price of the Warrants C at RM0.09 per Warrant C.
The exercise price of the Warrants C represents a discount of approximately 8.16% to the theoretical adjusted 5-day VWAP of MNC Shares of RM0.098, calculated based on the 5-day VWAP of MNC Shares up to and including 20 October 2022 (being the last trading day before the date of this announcement) of RM0.0098 and after adjusting for the effects of the Share Consolidation.
Managed to buy at 0.12 and sold all at 0.135. RM6k profit in not more than 4 minutes. Maybe it will go up even higher after this, I don't know and nor do I care. Goodbye all and may God bless those with good hearts.
THE BIG BOSSES ARE LOOTING THE COMPANY,........DO YOU THINK YOUR SHARE WILL GO UP ?.........THINK WISELY,........DO YOU THINK THE BIG BOSSES WILL DUMP OR BUY MNC ?
can help me calculate? initially i got 60000 unit at 0.015. now suddenly become 0.13. what happen? do i earn or lose? i already sell it very early. just wanna now how does the magic happen
Managed to buy at 0.12 and sold all at 0.135. RM6k profit in not more than 4 minutes. Maybe it will go up even higher after this, I don't know and nor do I care. Goodbye all and may God bless those with good hearts.
Managed to buy at 0.12 and sold all at 0.135. RM6k profit in not more than 4 minutes. Maybe it will go up even higher after this, I don't know and nor do I care. Goodbye all and may God bless those with good hearts.
this funny 1 if u dont know the maths behind after consolidation/bonus u are screwed real hard ANN DATE EXP DATE 21-Oct-2022 09-Nov-2022 BONUS_ISSUE Bonus Issue 3.0000 : 8.0000 21-Oct-2022 07-Nov-2022 CONSOLIDATION Share Consolidation 1.0000 : 10.0000
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Aqi_Azhari
1 posts
Posted by Aqi_Azhari > 2022-05-23 21:47 | Report Abuse
what is NOSH meaning?