Posted by Tipster > 2023-04-06 07:45 | Report Abuse

No more news? Waiting to chap lap?

Posted by Vicky > 2023-04-06 10:37 | Report Abuse

Hahaha....gulung tikar

Posted by Rvp918 > 2023-04-07 12:12 | Report Abuse

Bila gulung? haha

Posted by ID007 > 2023-04-08 12:57 | Report Abuse

all directors songlap

Posted by ID007 > 2023-04-10 09:48 | Report Abuse

lol

Posted by whistlebower99 > 2023-04-12 09:55 | Report Abuse

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Maybe change company name to 'hide' the past from new investors
7. Repeat step 1 to 6

Posted by Vicky > 2023-04-12 11:14 | Report Abuse

Well said. Thks.

Posted by whistlebower99 > 2023-04-18 09:42 | Report Abuse

FOR NEWBIES

TECHNA-X BERHAD ("TXB" OR "COMPANY")

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED DEBT SETTLEMENT;
(III) PROPOSED SHARE CONSOLIDATION; AND
(IV) PROPOSED RIGHTS ISSUE WITH WARRANTS;

In view of the developments that have taken place since the Previous Announcements, on behalf of the Board of Directors of TXB (“Board”), M&A Securities Sdn Bhd (“M&A Securities”) wishes to announce that the Previous Proposals shall be revised to as follows:

(i) proposed reduction of TXB’s share capital pursuant to Section 116 of the Companies Act 2016 (“Act”) (“Proposed Capital Reduction”);

(ii) proposed settlement of an aggregate amount of RM33,834,500 debt owing to creditors by the Company (“Settlement Amount”) via the issuance of 2,487,830,882 new ordinary shares in TXB (“TXB Share(s)” or “Share(s)”) (“Settlement Share(s)”) (“Proposed Debt Settlement”);

(iii) proposed consolidation of every 20 existing Shares into 1 ordinary share of TXB (“Consolidated Share(s)”) held by the entitled shareholders on an entitlement date to be determined and announced later (“Consolidated Shares Entitlement Date”) (“Proposed Share Consolidation”); and

(iv) proposed renounceable rights issue of up to 251,587,641 new ordinary shares in TXB (“Rights Share(s)”) on the basis of 1 Rights Share for every 1 Consolidated Share held (“Rights Shares Entitlement Basis”), together with up to 251,587,641 free detachable warrants in TXB (“Warrant(s)”) on the basis of 1 Warrant for every 1 Rights Share subscribed for by the entitled shareholders (“Warrants Entitlement Basis”) of the Company on an entitlement date to be determined and announced later (“Entitlement Date”) (“Entitled Shareholder(s)”) (“Proposed Rights Issue with Warrants”).

Further details of the Proposals are set out in the attachment.

Date Announced 14 Apr 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3344464

====================
Previous name is SINO HUA-AN INTERNATIONAL BERHAD

Normally not a good thing when loss making penny stock change name.


=====================
Multiple year loss making penny stock company

NOSH = 2,214,714,736

Long term holders likely to incur huge losses due to share consolidation and rights issue

Posted by Vicky > 2023-04-18 19:46 | Report Abuse

Target 0.005 cent. Tengok logo sudah tau....hahaha

Posted by TheCrown > 2023-04-19 18:51 | Report Abuse

Waiting for 1.33 sampai mampos

Posted by Tipster > 2023-04-20 18:29 | Report Abuse

Consolidate 50 into 1 then $1 liao

Posted by whistlebower99 > 2023-05-12 12:23 | Report Abuse

FOR NEWBIES

VSOLAR is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 9 May 2023

===================
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

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - VSOLAR, DOLPHIN, TECHNAX

2023 completed = MERIDIAN, PASUKGB, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

====================
TAYOR, don't be caught in share consolidation exercise

Posted by whistlebower99 > 2023-05-17 15:32 | Report Abuse

FOR NEWBIES

TECHNA-X BERHAD ("TXB" OR "COMPANY")

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED DEBT SETTLEMENT;
(III) PROPOSED SHARE CONSOLIDATION; AND
(IV) PROPOSED RIGHTS ISSUE WITH WARRANTS;

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3344464

==================
Take note of on-going multiple proposal

Posted by Winner38 > 2023-05-23 21:30 | Report Abuse

Time to goreng.. Kambing soon.. 🐐

Posted by Winner38 > 2023-05-24 19:35 | Report Abuse

Kambing kambing soon.. 0020~0025..

Posted by ID007 > 2023-05-24 22:04 | Report Abuse

kambing 0.1

Posted by Vicky > 2023-05-25 11:44 | Report Abuse

Target 0.005. Get readyyy for the joyride !

Posted by Rvp918 > 2023-05-27 16:49 | Report Abuse

Must buy popcorn to watch haha

Posted by Winner38 > 2023-05-30 16:30 | Report Abuse

Selling at 0020
Kambing 🐐 soon..

Posted by Winner38 > 2023-05-31 15:36 | Report Abuse

Soonnnnnnn.... 🐐

Posted by Vicky > 2023-05-31 20:12 | Report Abuse

Gonna PN17 soon !

Posted by Winner38 > 2023-05-31 21:56 | Report Abuse

Wait wait.. Be patient.. Coming soon..

Posted by Apastock > 2023-05-31 22:04 | Report Abuse

nak jadi X-Men?

Posted by Vicky > 2023-06-01 14:35 | Report Abuse

Profit decrease 97%. Director sudah lari dengan untung walaupun dementia !

Posted by ID007 > 2023-06-02 22:39 | Report Abuse

all come back take gaji

Posted by Mar2083 > 2023-06-03 08:21 | Report Abuse

Possible it will up trend next week?

Posted by Winner38 > 2023-06-05 22:15 | Report Abuse

Cut loss.. PN17
As expected..

Posted by whistlebower99 > 2023-06-06 11:39 | Report Abuse

TECHNA-X BERHAD ("TXB")
- BURSA MALAYSIA SECURITIES BERHAD'S PRACTICE NOTE 17 ("PN17") RELIEF MEASURES RESULTING IN TXB TRIGGERING SUSPENDED CRITERIA BUT NOT CLASSIFIED AS A PN17 LISTED ISSUER

Reference is made to TXB’s announcement made on 1 June 2023 bearing reference number GA1-31052023-00061, the Board of Directors of TXB wishes to clarify that TXB has re-assessed its PN17 condition based on the latest quarterly report on consolidated results for the financial period ended 31 March 2023 as announced on 30 May 2023, the shareholders’ equity has increased from RM35.16 million as at 30 September 2021 to RM42.36 million as at 31 March 2023, which is more than 25% of the share capital of TXB and more than RM40.0 million.

As such, TXB no longer triggers any of the PN17 Suspended Criteria and any of the criteria in relation to the financial condition of a listed issuer as set out in Paragraph 2.1 of the PN17.

This announcement is dated 2 June 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359665

Posted by whistlebower99 > 2023-06-06 11:41 | Report Abuse

FOR NEWBIES

(i) proposed reduction of TXB’s share capital pursuant to Section 116 of the Companies Act 2016 (“Act”) (“Proposed Capital Reduction”);

(ii) proposed settlement of an aggregate amount of RM33,834,500 debt owing to creditors by the Company (“Settlement Amount”) via the issuance of 2,487,830,882 new ordinary shares in TXB (“TXB Share(s)” or “Share(s)”) (“Settlement Share(s)”) (“Proposed Debt Settlement”);

(iii) proposed consolidation of every 20 existing Shares into 1 ordinary share of TXB (“Consolidated Share(s)”) held by the entitled shareholders on an entitlement date to be determined and announced later (“Consolidated Shares Entitlement Date”) (“Proposed Share Consolidation”); and

(iv) proposed renounceable rights issue of up to 251,587,641 new ordinary shares in TXB (“Rights Share(s)”) on the basis of 1 Rights Share for every 1 Consolidated Share held (“Rights Shares Entitlement Basis”), together with up to 251,587,641 free detachable warrants in TXB (“Warrant(s)”) on the basis of 1 Warrant for every 1 Rights Share subscribed for by the entitled shareholders (“Warrants Entitlement Basis”) of the Company on an entitlement date to be determined and announced later (“Entitlement Date”) (“Entitled Shareholder(s)”) (“Proposed Rights Issue with Warrants”).

Further details of the Proposals are set out in the attachment.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3344464
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3351584

=================
Take note Multiple Proposal still in effect

Posted by rasee98 > 2023-06-06 11:48 | Report Abuse

hold or sell masters?

Posted by whistlebower99 > 2023-06-06 13:43 | Report Abuse

consolidation of every 20 existing Shares into 1 ordinary share of TXB

not likely above 0.01 on ex-date

Posted by ID007 > 2023-06-06 17:08 | Report Abuse

gg

Posted by dompeilee > 2023-06-06 19:17 | Report Abuse

Aiyo purposely PUSH up into the ToP Vol list to lure gambling ghost aunties/uncles to buy then TRAPPP them to try to pick their pockets for RI LOL

Posted by rasee98 > 2023-06-12 10:08 | Report Abuse

going to be 0.01?😱

Posted by Holy Cow > 2023-06-12 11:44 | Report Abuse

Tesla coming in Malaysia, any chances Technax collaborate with them? 😁

Posted by rasee98 > 2023-06-12 12:23 | Report Abuse

EV BMW

Posted by Vicky > 2023-06-22 09:18 | Report Abuse

Biofuel is cumming.

Posted by Vicky > 2023-06-22 09:21 | Report Abuse

Tripartite agreement

Posted by ID007 > 2023-06-22 10:45 | Report Abuse

boleh ka?

Posted by fruitcake > 2023-06-22 17:22 | Report Abuse

what's the big fuss about that agreement? 💩💩

Posted by whistlebower99 > 2023-06-27 16:11 | Report Abuse

FOR NEWBIES

DGB is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 26 June 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

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

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - DGB, MMAG, DOLPHIN, TECHNAX, ICON

2023 completed = VSOLAR, MERIDIAN, PASUKGB, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Posted by Rvp918 > 2023-07-06 10:56 | Report Abuse

Apa sudah jadi????

Posted by Vicky > 2023-07-13 10:20 | Report Abuse

Where is the EV previously proposed by Technaxnando !

Posted by ID007 > 2023-07-29 10:04 | Report Abuse

Apa sudah jadi????

Posted by Vicky > 2023-07-31 12:48 | Report Abuse

Come to daddy at 0.005 cent. Target acquited !!!

Posted by ID007 > 2023-07-31 17:11 | Report Abuse

all management tak leh handle. songlap kuat

Posted by Rvp918 > 2023-08-02 12:02 | Report Abuse

RIP

Posted by Vicky > 2023-08-02 16:29 | Report Abuse

Sounds like John Wick. But John Wick never dies !

Posted by ID007 > 2023-08-30 15:36 | Report Abuse

wow profit

Posted by Vicky > 9 hours ago | Report Abuse

Chap lup soon as no news mean bad news !