FUND RAISING VIA SHARE ISSUANCE TO PRIVATE PLACEMENT
PROPOSED PRIVATE PLACEMENT
On behalf of the Board of Directors of Trive, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake a private placement of up to 20% of the total number of issued shares of the Company to third party investor(s) to be identified later and at an issue price to be determined later (“Proposed Private Placement”).
The Company will be able to issue up to 342,934,900 Shares under the Proposed Private Placement
============================================
Total issued shares = 1,053,018,540 will increase further with the PP implementation WC = 526,509,027
============================================== BE REMINDED OF PREVIOUS CORPORATE EXERCISES:
1. CONSOLIDATION OF EVERY 25 EXISTING ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 23 DECEMBER 2020 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 911,028,120 NEW ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.11 PER RIGHTS SHARE TOGETHER WITH UP TO 531,433,070 FREE DETACHABLE WARRANTS IN TRIVE ("WARRANTS C") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JANUARY 2021 ("RIGHTS ISSUE WITH WARRANTS")
============================================== TAYOR. Set realistic target.
FUND RAISING VIA SHARE ISSUANCE TO PRIVATE PLACEMENT
On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 15 November 2021, approved the listing and quotation of up to 342,934,900 new ordinary shares to be issued pursuant to the Private Placement.
Wait for next stage....price fixing.
========
After consolidation and rights issue, directors repeat to do fund raising via shares issuance. Frequent and massive shares issuance will dilute shareholding equity % and EPS while increasing the NOSH to multi billion again.
Date of change 06 Dec 2021 Name MR MAK SIEW WEI Age 46 Gender Male Nationality Malaysia Designation Executive Director Directorate Executive Type of change Appointment
====== Multi directorship in AT, Gocean, saudee, aem, pasukgb...
Consolidate , then Right Issue , Cheap PP . How are those responsible or benefit few spending others hard earn money doing ? Probably they felt no regret or sad but continue to enjoy a luxury life style
Posted by JKPTR > Dec 22, 2021 11:56 AM | Report Abuse
NILAI se seham 40c tu mcm duit Elon Mask, ratus billion usD. Satu sen pun tak bolih di kecapi minority shareholder. Asyik kira burung di atas pokok, berbillion, ape guna. Yg di atas tanah, ape pun tak buat Yg berlaku nya ,puak company PASUKHAS asyik minta duit dari orang ramai menerusiPP,RI,ESOS,tak berhenti henti bisness syarikat niialah jual angan-angan kosong, berbillion. Lepas tu minta sedekah dari orang ramai
TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") PRIVATE PLACEMENT
On behalf of the Board, TA Securities wishes to announce that the Private Placement has been completed following the listing and quotation of 160,603,700 Placement Shares on the Main Market of Bursa Securities on 24 December 2021.
This announcement is dated 24 December 2021.
============== PP completed with listing of 160,603,700 shares. Directors successfully collected about RM4.5 mil
Continue to monitor how directors utilise the company fund frequency of fund raising via shares issuance quarterly reports
U see how uncensored bad mouthed everyday China, u thought he is a capitalist.....but in fact he is not, he is just plain silly loh!
He is a brady lousy capitalist & he thought money can fall from the thin air without hard work....this uncensored is very naive loh!
Thats why uncensored do not understand how & why china are very successful despite China is called a communist loh!
This is bcos China believe to train its population to learn to earn instead of depended on handout mah!
Just like Raider train the b40 to pay their rental promptly loh!
Also Raider....believe in indirect aids mah!....When the B40 are desperately in need of monies & wanted to sell their house...Raider come to their aids buying their low cost flats at reasonable mkt price mah, without raider help this unfortunate people will be exploited by sharks paying much lower price for their property bcos there are not many buyers mah!
As for b40....who intend to pool together & stay in same roof for 8 to 10 people in a flats as tenants....they cannot get landlords willing to rent them...it is raider that understand them , that is willing to help out & rent to them loh!
Thats why they are very grateful & pay their rental promptly to raider loh!
They have learned ther art of survival of learn to earn from raider and make them a better person loh!
Raider give them a sense of confidence & be a proud human being that believe in honest living & hard work mah!
Thanks for sharing. With private placement activities it looks like old tricks using by company director to con people money. Investors should stop investing unless the profit can improve significantly (at least for one year good track record).
@ Michael R Don’t be too Optimistic. Private placement activities + new shares issuance ongoing soon. It can raise funds thru share consolidation to squeeze investors
For investors who have invested since 2017, its share price needs to climb over 0.50 sen to cover back all losses and opportunity cost. Do you think it is possible for this lousy share to climb over 0.50 sen in short term?
2017 rich 20++ sen in second quarter. Then it continue to record lower and lower till 0.01/0.005 sen. Then reaching its peak last year 0.03 sen for a few hours in August 2020. Then drop back.
After that share consolidation + warrant issued. Squeeze investors money. 0.425 is opening price after share consolidation. Then dropping till 0.03 sen.
Yes…Some big fish just subscribe at 0.027 thru private placement. Even at 0.037 this super big fish still earning. Like to push up short term to dispose some shares. Be careful guy
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....
whistlebower99
5,255 posts
Posted by whistlebower99 > 2021-11-03 11:18 | Report Abuse
FUND RAISING VIA SHARE ISSUANCE TO PRIVATE PLACEMENT
PROPOSED PRIVATE PLACEMENT
On behalf of the Board of Directors of Trive, TA Securities Holdings Berhad wishes to announce that the Company proposes to undertake a private placement of up to 20% of the total number of issued shares of the Company to third party investor(s) to be identified later and at an issue price to be determined later (“Proposed Private Placement”).
This announcement is dated 2 November 2021.
https://www.klsescreener.com/v2/announcements/view/3450721
The Company will be able to issue up to 342,934,900 Shares under the Proposed Private Placement
============================================
Total issued shares = 1,053,018,540 will increase further with the PP implementation
WC = 526,509,027
==============================================
BE REMINDED OF PREVIOUS CORPORATE EXERCISES:
1. CONSOLIDATION OF EVERY 25 EXISTING ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 23 DECEMBER 2020 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
2. RENOUNCEABLE RIGHTS ISSUE OF UP TO 911,028,120 NEW ORDINARY SHARES IN TRIVE PROPERTY GROUP BERHAD ("TRIVE" OR THE "COMPANY") ("TRIVE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.11 PER RIGHTS SHARE TOGETHER WITH UP TO 531,433,070 FREE DETACHABLE WARRANTS IN TRIVE ("WARRANTS C") ON THE BASIS OF 12 RIGHTS SHARES TOGETHER WITH 7 FREE WARRANTS C FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 JANUARY 2021 ("RIGHTS ISSUE WITH WARRANTS")
==============================================
TAYOR. Set realistic target.