Posted by calvincheebursa > 2019-05-26 22:40 | Report Abuse

Great

Posted by nightfly > 2019-05-27 07:04 | Report Abuse

Patience ... all the puzzles will be clear soon

Posted by calvincheebursa > 2019-05-27 07:59 | Report Abuse

yeah be patience and l believe we will have a good return in time

Posted by tingkap > 2019-05-27 09:14 | Report Abuse

eduspec this morning starting with the bad day. no sign its will goes up

Posted by tingkap > 2019-05-27 09:50 | Report Abuse

16,577,000 units sell queue block at 0.035 = RM580,195

16,030,000 units sell queue block at 0.04 = RM641,200

after the selling queue 0.035 and 0.04 unblock then this counter can fly

Posted by tingkap > 2019-05-27 09:55 | Report Abuse

the government through its big player in market can acquire the share with at the lowest cost to implement the STEM (science, technology, engineering and mathematics) education project.

the government proxy already appointed from the PKR parliamentary Tanjung Malim seat.

Posted by Rio2814 > 2019-05-27 12:20 | Report Abuse

Proxy? or Director?

Posted by Tips88 > 2019-05-27 16:22 | Report Abuse

Please be patient, this counter will moving up again to original price RM0.350
There will be many project launching for this company .

Posted by BigWhiteSand > 2019-05-27 18:38 | Report Abuse

Tips88 : do share us more inside info if any ya. Cheers.

Posted by tingkap > 2019-05-29 10:20 | Report Abuse

rubbish stock. no one want to buy this stock

Posted by SK1200 > 2019-05-30 05:40 | Report Abuse

rilax brader...

Posted by nightfly > 2019-05-30 09:54 | Report Abuse

Tingkap, cool down... patience. Good! no one buy now... let's wait for the news to pop out... price goes up.. then ppl start to buy... the price goes up again...

Posted by tingkap > 2019-05-30 12:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6176545

We refer to the announcements made on 31 January 2019, 19 February 2019, 20 February 2019, 15 March 2019 and 2 May 2019 in relation to the Proposed Share Capital Reduction (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, Mercury Securities wishes to announce that the Company had, on 29 May 2019, received the notice dated 29 May 2019 issued by the Registrar of Companies (“Notice”) confirming the reduction of share capital. Pursuant to Section 119(4) of the Companies Act, 2016, the Notice shall be conclusive evidence that all the requirements of the Companies Act, 2016 with respect to the reduction of share capital have been complied with. Accordingly, the Proposed Share Capital Reduction is effective as at 29 May 2019.

Following the completion of the Proposed Share Capital Reduction, the issued share capital of the Company is RM41,818,059 comprising 1,101,813,500 Eduspec Shares.

This announcement is dated 29 May 2019.

Posted by tingkap > 2019-05-30 12:47 | Report Abuse

what does its mean capital reduction? is it we are going to lost our share capital in this counter?

Posted by tingkap > 2019-05-30 12:58 | Report Abuse

What is Capital Reduction
Capital reduction is the process of decreasing a company's shareholder equity through share cancellations and share repurchases, also known as share buybacks. The reduction of capital is done by companies for numerous reasons, including increasing shareholder value and producing a more efficient capital structure. After a capital reduction, the number of shares in the company will decrease by the reduction amount. While the company's market capitalization will not change as a result of such a move, the float, or number of shares outstanding and available to trade, will be reduced.

The act of capital reduction may also be enacted in response to a decline in a company's operating profits or a revenue loss that cannot be recovered from a company's expected future earnings. In some capital reductions, shareholders will receive a cash payment for shares canceled, but in most other situations, there is minimal impact on shareholders.

Posted by tingkap > 2019-05-30 13:09 | Report Abuse

if company want to repurchase or share buy back for capital reduction purposes? what is the price the company willing to buy?

Posted by ATARAH > 2019-05-30 18:43 | Report Abuse

Yes be patient

Posted by 劉尹光 > 2019-05-31 16:02 | Report Abuse

yes very prospect stock... collect now for 1-2mths...

Posted by Shahrul Rahman > 2019-05-31 18:35 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6182109

Posted by Shahrul Rahman > 2019-05-31 18:35 | Report Abuse

MULTIPLE PROPOSALS EDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY") (I) PROPOSED ISSUANCE OF RCPS (II) PROPOSED DIVERSIFICATION (III) PROPOSED AMENDMENTS (IV) PROPOSED BONUS ISSUE OF WARRANTS (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")
EDUSPEC HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description EDUSPEC HOLDINGS BERHAD ("EDUSPEC" OR THE "COMPANY")

(I) PROPOSED ISSUANCE OF RCPS
(II) PROPOSED DIVERSIFICATION
(III) PROPOSED AMENDMENTS
(IV) PROPOSED BONUS ISSUE OF WARRANTS

(COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of the Company (“Board”), Mercury Securities Sdn Bhd (“Mercury Securities”) wishes to announce that the Company proposes to undertake the following:-



(i) proposed issuance of up to 600,000,000 new 2% cumulative redeemable convertible preference shares in Eduspec at an issue price of RM0.10 each (“Proposed Issuance of RCPS”);



(ii) proposed diversification of the business of Eduspec and its subsidiaries to include the development and operation of an edutainment theme park (“Proposed Diversification”);



(iii) proposed amendments to the Constitution of the Company to facilitate the Proposed Issuance of RCPS (“Proposed Amendments”); and



(iv) proposed bonus issue of up to 550,906,750 free warrants in Eduspec (“Warrants B”) on the basis of 1 Warrant B for every 2 existing ordinary shares in Eduspec held by shareholders of Eduspec on a date to be determined and announced later by the Board (“Proposed Bonus Issue of Warrants”).



Please refer to the attachment for the full text of the Announcement in relation to the Proposals.



This Announcement is dated 31 May 2019.

Posted by Bull13 > 2019-05-31 20:11 | Report Abuse

EduPark in Port Dickson.

Posted by Nik Mohd Khairul > 2019-05-31 20:22 | Report Abuse

Eduspec & Tanco
http://malaysiastock.biz/Company-Announcement.aspx?id=1147652

Posted by Shahrul Rahman > 2019-05-31 20:44 | Report Abuse

what is Tanco to do with eduspec?

Posted by Shahrul Rahman > 2019-05-31 20:53 | Report Abuse

is the multiple proposal good for eduspec?

Posted by Nik Mohd Khairul > 2019-05-31 22:54 | Report Abuse

Tanco is the land lessor for eduspec. just for information. one thing i know that bonus issue is good. others need to ask expert

Posted by Nik Mohd Khairul > 2019-05-31 23:00 | Report Abuse

Education based theme park sounds great. maybe 1st in Malaysia ? and also located at tourist attraction area in PD ?

Posted by Shahrul Rahman > 2019-06-01 00:45 | Report Abuse

thanks a lot Nik!!hope can push share price

Posted by Shahrul Rahman > 2019-06-01 02:13 | Report Abuse

https://www.theedgemarkets.com/article/tanco-signs-lease-agreement-eduspec

KUALA LUMPUR (May 31): Tanco Holdings Bhd and Eduspec Holdings Bhd have entered into a 20-year land lease agreement to lease a freehold commercial land in Negeri Sembilan for Eduspec to construct and operate the edutainment theme park.

Dubbed STEM EduPark, the theme park aims to introduce science, technology, engineering and mathematics based education to the public. The STEM EduPark will comprise general amenities, STEM discovery zone, activity zone and STEM hubs zone.

In a bourse filling, Tanco said its wholly-owned subsidiary Palm Springs Development Sdn Bhd has entered into a lease agreement with Time IT in E (Sabah) Sdn Bhd, a wholly-owned subsidiary of Eduspec Holdings Bhd, to lease Time IT a 7.5454 acres land in Port Dickson.

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Additional to the lease agreement, Palm Springs shall grant Time IT an option to purchase the land at an agreed purchase price of RM20 million, provided such call option must be exercised by Time IT within the first five years from the date of commencement of the lease.

The 20 years lease agreement comprise an initial tenure of 10 years commencing from the lease commencement date, with two options to the lessee (Time IT) to extend the lease thereafter for a further five years per extension.

The rental fees for the first ten years is RM100,000 a month. Subsequently, the rental fees for the first five-year extension term would be increased to RM120,000 per month, and for the second five-year extension term, the rental fee climbs further up to RM132,000 per month.

Tanco said the rational for the lease agreement is to take cognisance of Eduspec's experience and expertise in the education industry. Tanco views Eduspec as a strategic partner in the development of Dickson Bay.

“Such partnership will be mutually beneficial, whereby the development and operation of the STEM EduPark by Eduspec will enhance the appeal of surrounding areas and accordingly, elevate the value of the group’s neighbouring developments at Dickson Bay, whereas the hotel and service suites to be developed by the group will provide patronage to the edutainment theme park, Tanco said.

“In the event that the lessee exercises the lease call option, Tanco will unlock and realise the value of the land with a net gain on disposal of RM9.80 million via disposal to the lessee at an agreed purchase price of RM20 million, representing a slight premium of 1.42% over the indicative market value of the land in February 2019 of RM19.72 million. Otherwise, the group will continue to derive rental income from the lease,” Tanco added.

Posted by tklim > 2019-06-01 15:47 | Report Abuse

BULLISH

Posted by Shahrul Rahman > 2019-06-01 16:01 | Report Abuse

yes hope bullish not bullsh*t.hehehhe

Posted by calvincheebursa > 2019-06-01 16:43 | Report Abuse

hahahahaha we shall see this monday

Posted by tklim > 2019-06-01 18:21 | Report Abuse

Stock currently undervalued?........ View Financials

Potential higher earnings this year compare to last year?......View Financials

Posted by ATARAH > 2019-06-01 18:55 | Report Abuse

wow.....

iv) proposed bonus issue of up to 550,906,750 free warrants in Eduspec (“Warrants B”) on the basis of 1 Warrant B for every 2 existing ordinary shares in Eduspec held by shareholders of Eduspec on a date to be determined and announced later by the Board (“Proposed Bonus Issue of Warrants”).

monday eduspec .... i need to buy more so if i have 200,000 shares mean i will have 100,000 free warrants b.

is that correct

this team here is great.. keep sharing good news ....

Tanco Holdings Bhd and Eduspec Holdings Bhd have entered into a 20-year land lease agreement to lease a freehold commercial land in Negeri Sembilan for Eduspec to construct and operate the edutainment theme park. .... Port Dickson.

Who is the MP in Port Dickson ? He is PM in waiting .... Am I right ?

Posted by ATARAH > 2019-06-01 19:02 | Report Abuse

somehow I am seeing all this puzzle in Eduspec come together...

Dubbed STEM EduPark, the theme park aims to introduce science, technology, engineering and mathematics based education to the public. The STEM EduPark will comprise general amenities, STEM discovery zone, activity zone and STEM hubs zone.

This is big news..... Very Big , Very Profitable , Very Bright Future ...All all this come though realization..... How much will be the value of the Eduspec shares... in the future.

So I have to decide now.... today decision add more shares or no... Once in the lifetime opportunity.
Is this the one ?

There will be big write up on Monday by major Press.....

Posted by Shahrul Rahman > 2019-06-01 19:14 | Report Abuse

yes hope so Atarah

Posted by ATARAH > 2019-06-01 20:25 | Report Abuse

Thank Shahrul for your post

Posted by Shahrul Rahman > 2019-06-01 20:47 | Report Abuse

no problem Atarah

Posted by Shahrul Rahman > 2019-06-01 23:01 | Report Abuse

whoever wants the full report about those proposal can put your phone number here.i will send the full report to u.thanks

Posted by SK1200 > 2019-06-02 05:49 | Report Abuse

OK full Bullet on MONDAY !!

Posted by Shahrul Rahman > 2019-06-02 06:45 | Report Abuse

walaoweeeyyy!!!

Posted by calvincheebursa > 2019-06-02 12:13 | Report Abuse

monday continue to accumulate more shares ,luckily bought some last friday

Posted by tklim > 2019-06-02 18:48 | Report Abuse

woww....Free Warrant....kolek...kolek....ha..ha..ha

Posted by Tips88 > 2019-06-03 13:01 | Report Abuse

Dear all,

According to my ninja turtle chart, Eduspec having a strong support between RM0.030 to 0.035 range. Buy call is calling. The next TP will hit RM 0.045( T1), RM0.060( T2) , RM0.095 ( T3) and the next is RM0.120 (T4) . For this counter is a long term invest , faster within 6 month can be stable at T2 with Price range RM0.055 to 0.075

Posted by Tips88 > 2019-06-03 13:06 | Report Abuse

For those who think to contra in this counter, we unable to provide information. Please trade at your own risk.

Posted by Tips88 > 2019-06-03 13:11 | Report Abuse

In 2 year time , Eduspec able to resume back to the price of RM 0.300

Malaysia Goverment is supporting for 5G system, with this system all the education program in Malaysia will be upgraded to A.I system (Artificial Intelligence System). Eduspec is the one with more advantages to handle all the school learning facility.

Posted by ATARAH > 2019-06-03 13:55 | Report Abuse

agreed

Posted by Beng Beng > 2019-06-03 14:54 | Report Abuse

it is coming. tighten the seat belt. wait for 3 to 6 months

Posted by ATARAH > 2019-06-03 16:10 | Report Abuse

Today a lot of investor buy and a lot top up

Posted by offspring > 2019-06-03 18:21 | Report Abuse

Public Bank Investment Bank's blog also covered the tie up with Tanco. Added more today.

Posted by offspring > 2019-06-03 19:42 | Report Abuse

EDUSPEC proposing to issue Redeemable Convertible Preference Shares ( RCPS ) at 10sen each. There are 2 major benefits of a preference share from the point of view of a company :-

1.Improves Borrowing Capacity :

Preference shares become a part of net worth and therefore reduces debt to equity ratio. This is how the overall borrowing capacity of the company increases.

2. No Charge on Assets:

While taking a term loan security needs to be given to the financial institution in the form of primary security and collateral security. There are no such requirements and therefore, the company gets the required money and the assets also remain free of any kind of charge on them.

Investors meanwhile can :-

1. Get Dividend / Interest Return paid on their RCPS

2. Convert their RCPS to normal shares when the share price eventually rises.

WIN WIN situation for EDUSPEC & Shareholders, IMHO.