INDUSTRONICS BERHAD ("ITRONIC" OR "THE COMPANY") - MEMORANDUM OF AGREEMENT WITH EDUSPEC HOLDINGS BERHAD ("EDUSPEC")
The Board of Directors of ITRONIC wishes to announce that ITRONIC had on 21 January 2022 entered into a Memorandum of Agreement with Eduspec Holdings Berhad to discuss and negotiate in greater detail on entering into a joint venture agreement (“JVA”) for the purpose of setting up a Special Purpose Vehicle (“SPV”) company to offer electronic hardwares and school equipments to over 10,000 schools in Malaysia by way of instalments, leasing or rental.
In order to become a non-independent, you need to have material relationship with the company. So, he bought/owned shares in Eduspec or have business relationship with it?
I don't really hope much but it's going to be better since the border already opened and face-to-face school sessions started 2 weeks ago. With the education budget the highest in Malaysian history for this year, education companies sure will be benefited from this.
VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS This announcement is dated 8 April 2022.
================= Another loss making high NOSH penny stock going shares consolidation and fund raising rights issue exercise.
Some stocks that had consolidated are pasukgb, pdz, lambo, trive, kanger, sanichi, pworth, etc
Those in the process are Ages, Mtronic, Digistar and Vsolar
=================== Be careful trading loss making penny stocks that has huge NOSH (BILLION SHARES)
Best and safest to avoid penny stocks with multi-billion issued shares. Directors have power to propose shares consolidation and raise more fund via rights issue with free warrants
High volume , price going up ,means good la. Profit taking will cause some pit stop. If high volume price go down , then bad news and usually it will land further low.
yes, yes, yes sure TTSS91, RUN for Share Consolidation Entitlement description Consolidation of every 2 existing ordinary shares in Eduspec Holdings Berhad ("Eduspec" or the "Company") ("Eduspec Shares") into 1 Eduspec Share ("Consolidated Share") ("Share Consolidation")
NEW YORK (11th Reuters) - Investors will have a painful 2022 as an inflation-fueled recession will trigger another correction in the stock market, Bank of America said in its latest report.
“Inflation leads to recessions,” Bank of America put it bluntly, “and now, inflation is out of control Dudley said in a Bloomberg op-ed earlier last week that the Fed needs to inflict pain on the stock market to help curb inflation.
"One thing is for sure, in order to be effective, the Fed will have to inflict more losses on stock and bond investors than it currently does," he said.
================= Heavy NOSH, how high can the price climb?
================ Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Latest penny stocks undergoing shares consolidation are AGES and MTRONIC
Be careful when 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
================ 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
read thru previous comment leave in this group, the highest this stock go b4 consolidation is about 0.07, any one at this forum yet sold and still hold it ? now the price back to previous low~ 0.02, did u all top up ur holding unit or jz watch and wait ?
================ 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
check the top 30 shareholder list, autonaire sdn bhd ( ms ginny yeow mei ling ) is the top 1 shareholder from year 2014 with 11.8% till nowadays after consolidation, the holding unit been divide half, the % drop to 1.49%( refer anual report yr2021 ), autonaire sdn bhd x sold any unit on year 2019 during the hot season....and recently also x added any volume to increase its holding %.... is it bcoz autonaire sdn bhd so confident this share will climb more higher in future ? or forgot she did buy this eduspec share?
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....
Posted by citadel888 > 2022-03-11 09:53 | Report Abuse
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