Notice of Interest Sub. S-hldr (Section 137 of CA 2016) SINARAN ADVANCE GROUP BERHAD
Particulars of Substantial Securities Holder Name MITSUBISHI UFJ FINANCIAL GROUP, INC
Name of registered holder Morgon Stanley & Co. International plc Address of registered holder
Date interest acquired 27 Dec 2021 No of securities 60,675,400
Circumstances by reason of which Securities Holder has interest Increase of 60,675,400 shares held in respect of which Morgan Stanley Group may exercise its right to rehypothecate or dispose of on 27 December 2021. Mitsubishi UFJ Financial Group, Inc ("MUFG") is deemed interested in the shares of Sinaran Advance Group Berhad held by Morgan Stanley by virtue of MUFG's holding more than 20% interest in shares of Morgan Stanley Group.
Direct (units) 0 Direct (%) 0 Indirect/deemed interest (units) 60,675,400 Indirect/deemed interest (%) 8.621 Date of notice 30 Dec 2021 Date notice received by Listed Issuer 31 Dec 2021
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Penny stocks operators using undisclosed nominee account with foreign financial services ?
Mitsubishi UFJ and MUFG joining the list of foreign financial services consisting of Credit Suisse Group, UBS AG, etc
=============================
Continue to monitor quarterly results directors fund raising activities how director utilise the company fund
Directors busy with new year fund raising via shares issuance
PRIVATE PLACEMENT OF UP TO 30% OF THE ISSUED ORDINARY SHARES IN SAG Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the previous announcements in relation to the Private Placement.
On behalf of the Board, M&A Securities wishes to announce that the Company has fixed the issue price of the Placement Shares at RM0.0405 each.
The aforementioned issue price of RM0.0405 per Placement Share represents a discount of approximately RM0.0098 or 19.48% from the five (5)-day weighted average market price of SAG from 27 December 2021 to 31 December 2021 of approximately RM0.0503 per Share.
This announcement is dated 3 January 2022.
========= NOSH to increase by 30 %? Dilution of shareholders equity % and EPS
DIRECTORS RAISE FUND VIA SHARE ISSUANCE TO PRIVATE PLACEMENT
==================== Types of corporate proposal Private Placement Details of corporate proposal SINARAN ADVANCE GROUP BERHAD ("SAG" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 30% OF THE ISSUED ORDINARY SHARES IN SAG No. of shares issued under this corporate proposal 211,144,900 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0405 Par Value($$) (if applicable) Malaysian Ringgit (MYR) 0.000 Latest issued share capital after the above corporate proposal in the following Units 914,961,482 Issued Share Capital ($$) Malaysian Ringgit (MYR) 102,386,383.570 Listing Date 14 Jan 2022
================= PP issue price = 0.0405 Current market price = 0.085 GOOD PROFIT FOR CHOSEN PP INVESTOR
=================== NOSH = 914,961,482 Dilution of shareholders equity % and EPS
SUBSTANTIAL SHAREHOLDERS OF SINARAN (formerly known as K-STAR)
1. Name MORGAN STANLEY (related to MITSUBISHI UFJ FINANCIAL GROUP, INC) Direct (units) 60,675,400 Direct (%) 6.631 Date of notice 24 Jan 2022
2. Name MITSUBISHI UFJ FINANCIAL GROUP, INC (related to MORGAN STANLEY) Indirect/deemed interest (units) 60,675,400 Indirect/deemed interest (%) 6.631 Date of notice 24 Jan 2022
3.Name ORIENTED MEDIA HOLDINGS LIMITED (related to LAMBO GROUP) Direct (units) 150,279,400 Direct (%) 16.425 Date of notice 20 Jan 2022
4. Name LAMBO GROUP BERHAD (related to ORIENTAL MEDIA HOLDINGS LMITED) Direct (units) 62,676,600 Direct (%) 6.85 Indirect/deemed interest (units) 150,279,400 Indirect/deemed interest (%) 16.425 Total no of securities after change 212,956,000 Date of notice 20 Jan 2022
Be aware of who are the substantial shareholders. Could be penny stocks investing another penny stock, or undisclosed nominee accounts with foreign financial institution.
Monitor 1. company financial results, still multi-quarter losses 2. directors fund raising activity via shares issuance to PP, ESOS 3. directors utilisation of company fund generated from fund raising exercise
BONUS ISSUE OF UP TO 457,480,741 FREE WARRANTS OF SINARAN ADVANCE GROUP BERHAD ("SAG")("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN SAG HELD AS AT 5.00 P.M. ON 6 APRIL 2022 ("ENTITLEMENT DATE") ("BONUS ISSUE OF WARRANTS")
On behalf of the Board, M&A Securities is pleased to announce that the Board has resolved to fix the exercise price for the Warrants at RM0.12 per Warrant (“Exercise Price”).
================ Reward for big shareholders even when company is losing money for past 9 years ? Another loss making penny stock Nexgram had also recently issued bonus warrants
================ TAYOR, don't be caught at high warrant price
SINARAN-WB - BONUS ISSUE OF 457,480,739 NEW WARRANTS IN SINARAN ("WARRANTS 2022/2027"), ON THE BASIS OF 1 WARRANT 2022/2027 FOR EVERY TWO (2) EXISTING SINARAN ORDINARY SHARES HELD ("BONUS ISSUE OF WARRANTS") SINARAN ADVANCE GROUP BERHAD
Kindly be advised that SINARAN’s 457,480,739 Warrants 2022/2027 issued pursuant to the Bonus Issue of Warrants will be admitted to the Official List of the Bursa Malaysia Securities Berhad and the listing and quotation of the Warrants 2022/2027 on the Main Market under the "Consumer Products & Services" sector, will be granted with effect from 9.00 a.m., Monday, 25 April 2022.
Sinaran let see.if break 11 cents in 10-20 million shares ok with gradually upward with volume not above 45 million shared.Let see 23 june-8july by then.if below 8.5 cents no point by this range of time.expect some range bound first also.
Multi year, multi quarter loss making penny stock Directors continue to issue more shares to ESOS and PP to raise more fund Dilution of shareholders equity % and EPS
NOSH = 914,961,482 will continue to rise to BILLION shares in near future WB = 457,480,739
=================== SINARAN ADVANCE GROUP BERHAD ("SAG" OR THE "COMPANY") - OFFER OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME OF THE COMPANY ("ESOS")
1. Date of offer 10 April 2023 2. Number of SAG options offered 137,244,222 units 3. Exercise price of options offered RM0.065 4. Closing price of SAG Shares on the date of offer RM0.065 5. Number of options offered to directors of the Company Nil
============== Be careful trading, holding high NOSH loss making penny stocks, many of which had share consolidation followed by rights issue causing huge losses to loyal long term share holders
SINARAN ADVANCE GROUP BERHAD ("SAG" OR THE "COMPANY") - OFFER OF OPTIONS UNDER THE EMPLOYEES' SHARE OPTION SCHEME OF THE COMPANY ("ESOS")
Details of the offer of options are as follows: 1. Date of offer 21 September 2023 2. Number of SAG options offered 101,000,000 units 3. Exercise price of options offered RM0.06 4. Closing price of SAG Shares on the date of offer RM0.065 5. Number of options offered to directors of the Company Nil 6. Vesting period of the options offered Not applicable
Multi year loss making company Business losing money for more than 10 years in a row !!!
Directors continue to reward employees via massive shares issuance to ESOS Causing dilution to shareholders equity % and EPS Current NOSH = 914,961,482 will continue to rise to above 1 BILLION shares
================= Monitor for directors to raise more fund via shares issuance to PP, ESOS
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....
stockraider
31,527 posts
Posted by stockraider > 2021-12-14 17:55 | Report Abuse
Just take this opportunity to sell loh!