Posted by bruce5113 > 2016-02-16 23:46 | Report Abuse

wahh...so much disposed, but i buy already, what to do? :-D up up up...sanichi... :-D :-D :-D

Posted by cmloo > 2016-02-18 09:47 | Report Abuse

Green, green, green

Posted by firehawk > 2016-02-18 09:49 | Report Abuse

he bot a lot @0.065 ....

Posted by wakakaka88 > 2016-02-18 10:58 | Report Abuse

brewing brewing..wakakakakaka

Posted by Wow123 > 2016-02-18 10:59 | Report Abuse

how seow

Posted by Abdul Rahim > 2016-02-18 18:58 | Report Abuse

Reduction par value ?

Posted by Wow123 > 2016-02-18 19:11 | Report Abuse

On behalf of the Board of Directors of Sanichi, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the following:-

(i) proposed par value reduction via the cancellation of RM0.075 from the par value of every existing ordinary share of RM0.10 each in the issued and paid-up share capital of the Company pursuant to Section 64 of the Companies Act, 1965 (“Proposed Par Value Reduction”);

(ii) proposed consolidation of every four (4) ordinary shares of RM0.025 each (after the Proposed Par Value Reduction) in Sanichi into one (1) ordinary share of RM0.10 each (“Share”) (“Proposed Share Consolidation”); and

(iii) proposed renounceable rights issue of up to 779,928,448 new Shares (“Rights Shares”) together with up to 389,964,224 free warrants (“Warrants D”) on the basis of two (2) Rights Shares together with one (1) free Warrant D for every one (1) existing Share held by the entitled shareholders on an entitlement date to be determined (after the Proposed Share Consolidation) (“Proposed Rights Issue with Warrants”);

(collectively referred to as the “Proposals”).

Please refer to the attached document for further details on the Proposals.

Posted by Wow123 > 2016-02-18 19:23 | Report Abuse

reduce par value , example listing RM1 per/share , some RM0.50sen per/share.

Posted by TomJerry > 2016-02-18 19:34 | Report Abuse

MULTIPLE PROPOSALS SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY") (I) PROPOSED PAR VALUE REDUCTION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS; (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

SANICHI TECHNOLOGY BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description SANICHI TECHNOLOGY BERHAD ("SANICHI" OR THE "COMPANY")

(I) PROPOSED PAR VALUE REDUCTION;
(II) PROPOSED SHARE CONSOLIDATION; AND
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS;

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

(i) proposed par value reduction via the cancellation of RM0.075 from the par value of every existing ordinary share of RM0.10 each in the issued and paid-up share capital of the Company pursuant to Section 64 of the Companies Act, 1965 (“Proposed Par Value Reduction”);

(ii) proposed consolidation of every four (4) ordinary shares of RM0.025 each (after the Proposed Par Value Reduction) in Sanichi into one (1) ordinary share of RM0.10 each (“Share”) (“Proposed Share Consolidation”); and

(iii) proposed renounceable rights issue of up to 779,928,448 new Shares (“Rights Shares”) together with up to 389,964,224 free warrants (“Warrants D”) on the basis of two (2) Rights Shares together with one (1) free Warrant D for every one (1) existing Share held by the entitled shareholders on an entitlement date to be determined (after the Proposed Share Consolidation) (“Proposed Rights Issue with Warrants”);

(collectively referred to as the “Proposals”).

Please refer to the attached document for further

Posted by man72 > 2016-02-18 19:35 | Report Abuse

Mati lah kau nak

Posted by elit96 > 2016-02-18 19:44 | Report Abuse

whats is the impact?

Posted by Wow123 > 2016-02-18 19:46 | Report Abuse

like xox

Posted by firehawk > 2016-02-18 21:56 | Report Abuse

ho！ ho！ 4 become 1，and ask for money 。。。

Posted by Wow123 > 2016-02-18 22:09 | Report Abuse

mahu cari cari duit untuk beli helicopter

Posted by kakashit > 2016-02-18 23:15 | Report Abuse

yeah, Mah Wee Hian is coming back.

Posted by TomJerry > 2016-02-18 23:20 | Report Abuse

Name MR MAH WEE HIAN @ MAH SIEW KUNG
Address 15TH FLOOR, MENARA SMI
LORONG P. RAMLEE
KUALA LUMPUR
50200 Wilayah Persekutuan
Malaysia.
NRIC/Passport No/Company No. 550420085159
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) ORDINARY SHARES OF RM0.10 EACH
Name & address of registered holder MAH WEE HIAN @ MAH SIEW KUNG
Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Description of Others Date of change
No of securities
Price Transacted (RM)
Acquired 13 Jan 2016
50,000
Acquired 28 Jan 2016
35,000
Acquired 10 Feb 2016
105,000

Circumstances by reason of which change has occurred ACQUIRED IN THE OPEN MARKET
Nature of interest DIRECT
Direct (units)
Direct (%) 10.22
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 117,015,000
Date of notice 11 Feb 2016

Posted by yapyml > 2016-02-18 23:25 | Report Abuse

Is this gd news or not???

Posted by murali > 2016-02-19 06:53 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?category=EA&sub_category=all&alphabetical=All&company=0133

Yesterday another rights issues and shares consolidation is being proposed.....3 rights issues and 2 shares consolidation/capital reduction in 4 years (2013/2014/2016) ....geng....

Posted by murali > 2016-02-19 06:55 | Report Abuse

Shafi Awong BESOK 7 sen gua mesti kasi BELI KAW_KAW sam dia !!! BUYYYYYYYYYYYYYYYYYYYY!!!!!
19/02/2016 01:02

Ada betul kah....4 becomes 1 woh and then mintak duit lagi (rights issues 2 for 1)

Posted by jenn > 2016-02-19 07:06 | Report Abuse

臭公司！烂公司！一直向股东要钱！没事没事又在要砍面值!

Posted by crazy127 > 2016-02-19 07:12 | Report Abuse

In I Blanca counter..many time reduction Apr value....KNM also....Buy Karex better.....

Posted by investaiko > 2016-02-19 08:02 | Report Abuse

This is the next XOX wave.. Dont miss this oppurtunity
Grab2!!!!

Posted by Kishin Sham Mahtani > 2016-02-19 08:32 | Report Abuse

Write a comment..today big drop coming 2.5 cents coming run.....

Posted by Abdul Rahim > 2016-02-19 08:44 | Report Abuse

wont drop below RM 0.065......read carefully what is all about.

Posted by Wow123 > 2016-02-19 08:50 | Report Abuse

Buy DBE is cheaper poultry counter

Posted by Kishin Sham Mahtani > 2016-02-19 09:04 | Report Abuse

Abdul Rahim can explain more bro

Posted by BoPoint > 2016-02-19 09:04 | Report Abuse

Please wait at 0.04-0.045 to accumulate. Technical and fundamental changes will see Sanichi decline to 0.05-0.055 level.

Posted by richman > 2016-02-19 09:11 | Report Abuse

consolidation of 4 to one after par value reduction to 2.5cts.A lot of conman counters with fake news.only thing positive is the WB is attractive now

Posted by richman > 2016-02-19 09:13 | Report Abuse

that is why no selling on the warrants for now the value of mum is based on proposal is 24 cts

Posted by richman > 2016-02-19 09:20 | Report Abuse

the warrants ex price will remain 10 cts if consolidation takes place .even if sanichi drops to 3 cts it will be for now valued at 12 cts above the ex price

Posted by richman > 2016-02-19 09:21 | Report Abuse

rare case where warrant is better than mum

Posted by hasimdaud > 2016-02-19 09:23 | Report Abuse

Lahabau punya Sanichi

Posted by richman > 2016-02-19 09:29 | Report Abuse

if I am not wrong sanichi went through a capital reduction 2 years back.Am I right?

Posted by richman > 2016-02-19 09:29 | Report Abuse

now again rights aiyoh might as well delist

Posted by firehawk > 2016-02-19 09:33 | Report Abuse

WC buy rate 100% but mother share buy rate 2% only, why?

Posted by richman > 2016-02-19 09:37 | Report Abuse

wb and wc same except expiry dates and ex price 10cts read fire what I have explained above

Posted by richman > 2016-02-19 09:39 | Report Abuse

lazy to read ,do your homework and understand means you will lose money

Posted by richman > 2016-02-19 10:02 | Report Abuse

read he proposal and all of youwill understand that it will not move up now you can only estimate how much it will turun

Posted by richman > 2016-02-19 10:13 | Report Abuse

think people are reading the proposal now more 6 coming out

Posted by richman > 2016-02-19 10:19 | Report Abuse

I really feel for those who invested here must take action against these crooks

Posted by richman > 2016-02-19 10:24 | Report Abuse

perception very negative panic selling now

Posted by richman > 2016-02-19 10:24 | Report Abuse

more WC than WB in market that is why WC got volume

Posted by PassBy > 2016-02-19 10:25 | Report Abuse

sanichi = kanasai @#%><@#%+XYZ...

Posted by richman > 2016-02-19 10:25 | Report Abuse

q for both at 2 cts

Posted by talkcockeatshit > 2016-02-19 10:28 | Report Abuse

Its common phenomenon after this kind of announcement. See xox 9 & 10 oct 2014 price. It will take some time to shoot up

Posted by talkcockeatshit > 2016-02-19 10:30 | Report Abuse

So watch out the price b4 consolidation happening

Posted by Wow123 > 2016-02-19 10:39 | Report Abuse

buy 2 sen

Posted by Lydia > 2016-02-19 10:50 |

Post removed.Why?

Posted by Limitless > 2016-02-19 10:53 | Report Abuse

Better run !!!!

Posted by talkcockeatshit > 2016-02-19 10:58 | Report Abuse

Clearly they wana shake it off then buy back from floatinf units for future rocket