Posted by MZM2511 > 2022-08-19 19:50 | Report Abuse

It was the intention of the Company to complete the Proposed Private Placement prior to the implementation of the Proposed Rights Issue with Warrants. As such, the Proposed Rights Issue with Warrants was conditional upon completion of the Proposed Private Placement.

Posted by MZM2511 > 2022-08-19 20:47 | Report Abuse

The indicative issue price per Placement Share is assumed to be RM0.035 (“Indicative Placement Issue Price”), which represents a discount of approximately 3.58% to the 5D-VWAMP of Bina Puri Shares up to and including LPD of RM0.0363 per Share;

Posted by MZM2511 > 2022-08-19 20:49 | Report Abuse

I'm more concern about the "indicative" issue price per placement share as noted in the proposal. YES, THE REAL ISSUE PRICE CAN BE HIGHER THAN THE PROPOSED / INDICATIVE PRICE in the condition the management of the company plan and actualize it later before the company want to execute the Placement Share. BUT.... if the management of the company just want to stick at the proposed issue price for execution of the PP, the chance to "goreng" the price higher will be limited.

Posted by whistlebower99 > 2022-09-08 10:37 | Report Abuse

FOR NEWBIES

Be reminded of on-going fund raising exercise

(I) PROPOSED PRIVATE PLACEMENT
(II) PROPOSED RIGHTS ISSUE WITH WARRANTS

(a) private placement of 479,293,900 new ordinary shares in Bina Puri (“Shares” or “Bina Puri Shares”), representing 30% of the existing number of issued Bina Puri Shares, to independent investor(s) to be identified (“Proposed Private Placement”); and
(b) renounceable rights issue of up to 1,659,793,300 new Bina Puri Shares (“Rights Shares”) together with up to 331,958,660 free detachable warrants (“Warrant(s) B”) on the basis of 2 Rights Shares for every 3 existing Bina Puri Shares held together with 1 Warrant B for every 5 Rights Shares subscribed on an entitlement date to be determined later (“Proposed Rights Issue with Warrants”).

Kindly refer to the attachment on further details of the Proposals.
This announcement is dated 21 June 2022.

================
TAYOR

Posted by Icon 888 > 2022-09-09 01:53 | Report Abuse

Warrant burnt

Posted by whistlebower99 > 2022-09-30 09:22 | Report Abuse

High volume today
Good for price fixing of PP shares
Will rights issue fund raising be successful

Posted by Christopher Woo > 2022-11-01 10:14 | Report Abuse

why can not produce anuual report??? any SPRM or commercial crime matter???

Posted by Icon 888 > 2022-11-04 21:13 | Report Abuse

Warrant total burnt

Posted by michaelwong7227 > 2022-12-16 07:06 | Report Abuse

anyone has any latest insights on this sarawak based company?

Posted by savior88 > 2023-01-04 23:52 | Report Abuse

I heard right issue price is 0.025, sell and buy back

Posted by zhen wei & JP > 2023-03-01 23:05 | Report Abuse

Tender for penang airport expension.

Posted by whistlebower99 > 2023-03-06 10:58 | Report Abuse

FOR NEWBIES

BINA PURI HOLDINGS BHD ("BINA PURI" OR THE "COMPANY")

(I) PROPOSED PRIVATE PLACEMENT
(II) PROPOSED RIGHTS ISSUE WITH WARRANTS

M&A Securities on behalf of the Board is pleased to announce that the Board has resolved to fix the issue price of the Rights Shares at RM0.035 each and the exercise price of the Warrants B at RM0.04 each.

This announcement is dated 1 March 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3333595

================
(I) PROPOSED PRIVATE PLACEMENT OF UP TO 479,293,900 NEW ORDINARY SHARES IN BINA PURI HOLDINGS BHD ("BINA PURI" OR THE "COMPANY") ("BINA PURI SHARE(S) OR SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING UP TO 30% OF THE EXISTING ISSUED SHARES OF BINA PURI, TO INDEPENDENT INVESTOR(S) TO BE IDENTIFIED AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT"); AND

(II) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,656,944,633 NEW BINA PURI SHARES ("RIGHTS SHARES") TOGETHER WITH UP TO 331,388,927 FREE DETACHABLE WARRANTS ("WARRANT(S) B") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 3 EXISTING BINA PURI SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER TOGETHER WITH 1 WARRANT B FOR EVERY 5 RIGHTS SHARES SUBSCRIBED ("PROPOSED RIGHTS ISSUE WITH WARRANTS") (COLLECTIVELY, REFERRED TO AS "PROPOSALS")
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3307377

==================
More than 2 BILLION shares to be issued upon completion of above exercise

Another multi-billion NOSH penny stock in the making
NOSH will likely exceed 4 BILLION shares in very near future

===================
TAYOR

Posted by whistlebower99 > 2023-03-10 21:54 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,402,258,933 NEW ORDINARY SHARES IN BINA PURI HOLDINGS BHD ("BINA PURI") ("BINA PURI SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 3 EXISTING BINA PURI SHARES HELD AS AT 5.00 P.M. ON MONDAY, 27 MARCH 2023, TOGETHER WITH UP TO 280,451,788 FREE DETACHABLE WARRANTS B IN BINA PURI ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 5 RIGHTS SHARES SUBSCRIBED, AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")
Despatch Date 29 Mar 2023
Date for commencement of trading of rights 28 Mar 2023
Date for cessation of trading of rights 04 Apr 2023
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 17 Apr 2023
Last date and time for :
Sale of provisional allotment of rights 03 Apr 2023 05:00 PM
Transfer of provisional allotment of rights 05 Apr 2023 04:30 PM
Acceptance and Payment 11 Apr 2023 05:00 PM
Excess share application and payment 11 Apr 2023 05:00 PM
Available/Listing Date 21 Apr 2023

==========
Take note of relevant dates if subscribing for the rights.
Directors set to collect up to RM49 million from the massive fund raising exercise
Shareholders need to dig pocket if intend to contribute to the fund raising
NOSH will exceed 4 Billion shares

========
TAYOR

Posted by whistlebower99 > 2023-03-13 11:17 | Report Abuse

FOR NEWBIES

Current NOSH = 2,076,941,137

Upon completion,
Estimated new NOSH = 2,076,941,137 + 479,293,900 + 1,402,258,933 = 3,958,493,970 !!!

Almost 4 BILLION shares !!!

Estimated new warrant = 280,451,788

Welcome to high NOSH low price penny stocks club

===============
Issue price of the Rights Shares at RM0.035 each
Estimated amount to be received by directors from rights issue fund raising = 1,402,258,933 X 0.035 =RM49.08 million

Easy convenient way to obtain money from shareholders compared to stressful generation of profits from business operation.

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

TAYOR, be careful trading and holding high NOSH low price penny stocks

Posted by whistlebower99 > 2023-03-14 23:27 | Report Abuse

FOR NEWBIES

Don't waste your hard earned money to subscribe for the rights contributing to directors easy fund raising exercise.

Multi year multi quarter loss making company.

Rights issue price of 0.035 looks cheaper.
Based on similar rights issue of other penny stocks, the stock price will likely drop below 0.035 when the massive number of rights shares are listed on 21 April 2023.

Just be aware that there will be almost 4 BILLION shares on listing date.
And about 300 million new warrants!!!!

Better to stay away and watch the operators, proxies and supporters of the fund raising exercise, play the game.

=========
TAYOR

Posted by whistlebower99 > 2023-03-15 09:00 | Report Abuse

BSLCORP rights shares and warrants listed today 15 March
Rights issue price = 0.055
Watch the price movement for a guide

Posted by PeacefulWarrior > 2023-03-23 11:18 | Report Abuse

Who on earth want to subscribe the rights when the mother share is only 0.03 now

Posted by Ken Chung > 2023-03-23 23:53 | Report Abuse

where is the discount for the rights issue? now mother share more than rights issue. what multiverse is the management of this company in?

Posted by Ken Chung > 2023-03-23 23:56 | Report Abuse

sorry mother share less than rights issue.. unprecedented. only in Malaysia

Posted by Rakyat > 2023-03-24 13:19 | Report Abuse

Wah, almost RM0.00

Posted by Rakyat > 2023-03-24 13:19 | Report Abuse

Well done

Posted by whistlebower99 > 2023-03-27 16:16 | Report Abuse

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,402,258,933 NEW ORDINARY SHARES IN BINA PURI HOLDINGS BHD ("BINA PURI") ("BINA PURI SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 3 EXISTING BINA PURI SHARES HELD AS AT 5.00 P.M. ON MONDAY, 27 MARCH 2023, TOGETHER WITH UP TO 280,451,788 FREE DETACHABLE WARRANTS B IN BINA PURI ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 5 RIGHTS SHARES SUBSCRIBED, AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")

Ex-Date 24 Mar 2023

Date for commencement of trading of rights 28 Mar 2023
Date for cessation of trading of rights 04 Apr 2023

Acceptance and Payment 11 Apr 2023 05:00 PM
Excess share application and payment 11 Apr 2023 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 17 Apr 2023

Available/Listing Date 21 Apr 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3335873

===============
Take note of rights issue and the relevant dates

Rights issue price RM0.035 PER RIGHTS SHARE
Current share price 0.03 - 0.035 !!!

Nosh will increase by maximum of 1,402,258,933 to 3,461,568,562 after completion of RI
New warrant = 280,451,788 (maximum sceario)

Multi BILLION NOSH loss making penny stock

===========
TAYOR

Posted by BILLC > 2023-03-27 16:45 | Report Abuse

After RI complete ,,,,,1 sen coming,,,,

Posted by whistlebower99 > 2023-03-28 13:02 | Report Abuse

BPURI-OR starts trading today
Date for commencement of trading of rights 28 Mar 2023
Date for cessation of trading of rights 04 Apr 2023

Seller queue at 0.005 meaning not many buyers
Similar to recent rights issue exercise by penny stocks.....FITTERS, LKL, BSLCORP, etc

Posted by whistlebower99 > 2023-03-28 13:06 | Report Abuse

FOR NEWBIES

Directors set to collect a maximum of 1,402,258,933 X 0.035 = RM49,079,062
Fast and easy way for directors to raise money for company fund instead of struggling to generate profits from business operation

Feel free to contribute to directors fund raising exercise by subscribing to the rights issue

Nosh will increase by maximum of 1,402,258,933 to 3,461,568,562 after completion of RI
New warrant = 280,451,788 (maximum scenario)

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

TAYOR

Posted by whistlebower99 > 2023-03-28 13:09 | Report Abuse

Not many retail investors and shareholders might subscribe for the rights issue as current stock price is more or less same as rights issue price (0.035)

Watch out for other penny stocks directors who will come in to subscribe under the excess applications to support the success of the fund raising exercise

Posted by fruitcake > 2023-03-30 12:24 | Report Abuse

ghosts will subscribe your rights

Posted by Ken Chung > 2023-04-05 16:37 | Report Abuse

who is tklim trying to fool?

Posted by whistlebower99 > 2023-04-12 09:11 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,402,258,933 NEW ORDINARY SHARES IN BINA PURI HOLDINGS BHD ("BINA PURI") ("BINA PURI SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 3 EXISTING BINA PURI SHARES HELD AS AT 5.00 P.M. ON MONDAY, 27 MARCH 2023, TOGETHER WITH UP TO 280,451,788 FREE DETACHABLE WARRANTS B IN BINA PURI ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 5 RIGHTS SHARES SUBSCRIBED, AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS")

Ex-Date 24 Mar 2023
Date for commencement of trading of rights 28 Mar 2023
Date for cessation of trading of rights 04 Apr 2023
Acceptance and Payment 11 Apr 2023 05:00 PM
Excess share application and payment 11 Apr 2023 05:00 PM

=============================
Take note of next important date :-

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 17 Apr 2023

Available/Listing Date 21 Apr 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3335873

===============
Rights issue price RM0.035 PER RIGHTS SHARE
Current share price 0.03 - 0.035 !!!

=================
Most likely rights issue application under-subscribed by retail investors
Most likely right excess application supported by proxies, operators and friendly penny stocks company

=================
Nosh will increase by maximum of 1,402,258,933 to 3,461,568,562 after completion of RI
New warrant = 280,451,788 (maximum sceario)
Multi BILLION NOSH loss making penny stock

===========
TAYOR

Posted by Rakyat > 2023-04-13 02:58 | Report Abuse

Hi

Posted by whistlebower99 > 2023-04-17 22:39 | Report Abuse

FOR NEWBIES

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 17 Apr 2023

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

..........................................No. of Rights Shares......% of total issue size
Total valid acceptances_______587,938,406_____42.46
Total valid excess applications_______704,834,283_____50.91
Total valid acceptances and excess applications______1,292,772,689_____93.37
Total Rights Shares available for subscription________1,384,627,424_____100.00
Under-subscription_________(91,854,735)______(6.63)

This announcement is dated 17 April 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3344921

==================
As expected,
1. total rights application is only 42.46%, meaning many retail investors are not willing to fork out more money to subscribe for the rights shares
2. total excess application is at a high of 50.91%, more likely due to subscription by operators, proxies or friendly penny stock companies

=================
Amount raised for right issue fund raising = 1,292,772,689 X 0.035 = RM45,247,044
Easy and quick way for directors to collect money from shareholders

==============
The Rights Shares and Warrants B are expected to be listed on the Main Market of Bursa Malaysia Securities Berhad on 20 April 2023.

===================
TAYOR

Posted by whistlebower99 > 2023-04-17 22:43 | Report Abuse

latest NOSH = 3,461,568,562
WB about 200 million units

Posted by willc48 > 2023-04-21 18:39 | Report Abuse

right issues also low pickup. now another issues again. maybe, look at the quality of directors

Posted by whistlebower99 > 2023-04-26 11:47 | Report Abuse

FOR NEWBIES

BINA PURI HOLDINGS BHD ("BINA PURI" OR THE "COMPANY")

(I) PRIVATE PLACEMENT
(II) RIGHTS ISSUE WITH WARRANTS

On behalf of the Board, M&A Securities wishes to announce that the Rights Issue with Warrants has been completed following the listing of and quotation for 1,292,772,689 Rights Shares and 258,554,471 Warrants B on the Main Market of Bursa Securities today.

This announcement is dated 20 April 2023.

====================
Current NOSH = 3,369,713,826 after rights issue
WB = 258,554,471

====================
Very low volume traded since listing date (20 Apr 2023)

Could mean most of the shares held by substantial shareholders and directors who subscribed to support the rights issue fund raising exercise of directors

Posted by whistlebower99 > 2023-04-26 11:53 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name TAN SRI DATUK TEE HOCK SENG, JP
1 18/04/2023 123,630,632 Others Direct Interest

2 18/04/2023 20,457,037 Others Direct Interest

3 18/04/2023 256,279,439 Others Indirect Interest
Name of registered holder Datuk Matthew Tee Kai Woon

4 18/04/2023 533,333 Others Indirect Interest
Name of registered holder Tee Hock Seng Holdings Sdn. Bhd

Subscription of Rights Issue
Nature of interest Direct and Indirect Interest
Total no of securities after change
Direct (units) 273,219,173
Direct (%) 8.108
Indirect/deemed interest (units) 342,031,931
Indirect/deemed interest (%) 10.150
Date of notice 20/04/2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3346179

Posted by whistlebower99 > 2023-04-26 11:54 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)

Particulars of Director
Name MR OOI HEE KAH

1 18/04/2023 57,142,858 Others Direct Interest

Subscription of Rights Issue

Total no of securities after change
Direct (units) 114,142,858
Direct (%) 3.387
Date of notice 20/04/2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3346181

Posted by whistlebower99 > 2023-04-26 11:56 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)
BINA PURI HOLDINGS BHD

Particulars of Director
Name MR CHAI CHAN TONG

1 18/04/2023 377,910,733 Others Direct Interest
Subscription of Rights Issue

Total no of securities after change
Direct (units) 801,204,633
Direct (%) 23.777
Date of notice 20/04/2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3346184

Posted by whistlebower99 > 2023-04-26 11:58 | Report Abuse

Changes in Director's Interest (Section 219 of CA 2016)

Particulars of Director
Name DATUK MATTHEW TEE KAI WOON

1 18/04/2023 256,279,439 Others Direct Interest

2 18/04/2023 123,630,632 Others Deemed Interest
Name of registered holder Tan Sri Datuk Tee Hock Seng

3 18/04/2023 20,457,037 Others Deemed Interest
Name of registered holder RHB Nominees (Tempatan) Sdn. Bhd. BOC Pledged Securities Account For Tan Sri Datuk Tee Hock Seng

4 18/04/2023 533,333 Others Deemed Interest
Name of registered holder Tee Hock Seng Holdings Sdn. Bhd

Subscription of Rights Issue

Total no of securities after change
Direct (units) 340,698,598
Direct (%) 10.111
Indirect/deemed interest (units) 274,552,506
Indirect/deemed interest (%) 8.148
Date of notice 20/04/2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3346182

Posted by whistlebower99 > 2023-05-08 12:28 | Report Abuse

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

Particulars of Substantial Securities Holder

Name MAJU OFFSHORE SDN. BHD.
Address of registered holder C-02-08 & C-02-09, Block C,
Cheras Centrepoint, Medan Connaught,
No. 1, Jalan 3/144A,
56000 Kuala Lumpur.

Date interest acquired 18 Apr 2023
No of securities 169,636,188
Subscription of Rights Issue

Total no of securities after change
Direct (units) 169,656,188
Direct (%) 5.035
Date of notice 05 May 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3349928

=================
Supporter of rights issue fund raising exercise

Multi year loss making company also got supporter

https://www.klsescreener.com/v2/stocks/view/5932/bina-puri-holdings-bhd

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

===============
TAYOR

Posted by willc48 > 2023-05-10 11:10 | Report Abuse

BinaPuri stucks. No projects or family controlled

Posted by whistlebower99 > 2023-05-17 11:42 | Report Abuse

FOR NEWBIES

More than 44% Shareholdings 'cornered' by directors via subscriptions of rights issue to support the fund raising exercise
Directors are cash rich
Subscription money safely kept in company fund

https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all

=================
Particulars of Director
1. Name DATUK MATTHEW TEE KAI WOON
Direct (units) 340,698,598
Direct (%) 10.111
Date of notice 20/04/2023

2. Particulars of Director
Name MR CHAI CHAN TONG
Direct (units) 801,204,633
Direct (%) 23.777
Date of notice 20/04/2023

3. Particulars of Director
Name MR OOI HEE KAH
Direct (units) 114,142,858
Direct (%) 3.387
Date of notice 20/04/2023

4. Particulars of Director
Name TAN SRI DATUK TEE HOCK SENG, JP
Direct (units) 273,219,173
Direct (%) 8.108
Date of notice 20/04/2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all

==================
Multi year loss making penny stock
Directors should start to generate profits from business operations before releasing their shareholdings into the market to make money from innocent retail investors

NOSH = 3,369,713,826
WB = 258,554,471

=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

https://www.klsescreener.com/v2/stocks/view/5932/bina-puri-holdings-bhd

===============
TAYOR

Posted by whistlebower99 > 2023-05-30 16:05 | Report Abuse

FOR NEWBIES

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

This announcement is dated 18 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 - MMAG, 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 zhen wei & JP > 2023-05-31 23:32 | Report Abuse

Many things need to fix uhnmm

Posted by whistlebower99 > 2023-06-23 12:15 | Report Abuse

FOR NEWBIES

RIGHTS ISSUE OF UP TO 1,402,258,933 SHARES ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 3 EXISTING SHARES HELD AS AT 5.00 P.M. ON MONDAY, 27 MARCH 2023, TOGETHER WITH UP TO 280,451,788 FREE WARRANTS B ON THE BASIS OF 1 WARRANT B FOR EVERY 5 RIGHTS SHARES SUBSCRIBED, AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE

=====================
More than 44% Shareholdings held by directors via subscriptions of rights issue to support the fund raising exercise
Directors are cash rich
Subscription money safely kept in company fund

=================
Directors shareholding as at 20/4/2023
1. Name DATUK MATTHEW TEE KAI WOON Direct (units) 340,698,598 Direct (%) 10.111
2. Name MR CHAI CHAN TONG Direct (units) 801,204,633 Direct (%) 23.777
3. Name MR OOI HEE KAH Direct (units) 114,142,858 Direct (%) 3.387
4. Particulars of Director Name TAN SRI DATUK TEE HOCK SENG, JP Direct (units) 273,219,173 Direct (%) 8.108

==================
Multi year loss making penny stock
Directors should start to generate profits from business operations before releasing their shareholdings into the market to make money from innocent retail investors

NOSH = 3,369,713,826
WB = 258,554,471

=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

https://www.klsescreener.com/v2/stocks/view/5932/bina-puri-holdings-bhd

Posted by whistlebower99 > 2023-06-28 09:33 | 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 speakup > 2023-07-11 12:54 | Report Abuse

Bankrupt company also can up. Our bursa really is Casino De Bursa

Posted by Snake > 2023-07-19 22:34 | Report Abuse

Goreng pisang moment is just a matter of time.

Posted by whistlebower99 > 2023-07-25 10:12 | Report Abuse

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,402,258,933 NEW ORDINARY SHARES IN BINA PURI HOLDINGS BHD ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 3 EXISTING BINA PURI SHARES HELD AS AT 5.00 P.M. ON MONDAY, 27 MARCH 2023, TOGETHER WITH UP TO 280,451,788 FREE DETACHABLE WARRANTS B IN BINA PURI ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 5 RIGHTS SHARES SUBSCRIBED, AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE

Rights issue with free warrants has been listed o 20 Apr 2023

==================
NOSH = 3,369,713,826
WB = 258,554,471

About time for right hand & left hand to start doing some shows

Still a loss making high NOSH penny stock for the past 5 years

Set realistic target to avoid being caught at high price

Posted by whistlebower99 > 2023-07-25 10:16 | Report Abuse

FOR NEWBIES

........................................................No. of Rights Shares......% of total issue size
Total valid acceptances_______587,938,406_____42.46
Total valid excess applications_______704,834,283_____50.91
Total valid acceptances and excess applications______1,292,772,689_____93.37

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

Operators, proxies could be holding substantial rights shares and free warrants via excess application

Posted by limitupandsurewin88 > 2023-07-28 17:55 | Report Abuse

Bina Puri wins RM72mil contract for public works department project in Sarawak
By NST Business - July 28, 2023 @ 2:13pm
https://www.nst.com.my/business/2023/07/935926/bina-puri-wins-rm72mil-contract-public-works-department-project-sarawak

KUALA LUMPUR: Bina Puri Holdings Bhd's (BPH) 49 per cent-owned joint venture company, Chun Yang Bina Puri (JV) Sdn Bhd, has bagged a contract from Tokoh Ilham Sdn Bhd for a project under the public works department.

The contract, valued at RM72.85 million, involves subcontracting works in Jalan Kampung Medong, Lebrasau, and Kampung Klid in Mukah, Sarawak.
The contract is for 24 months and is expected to be completed by the third quarter of 2025.