Changes in Director's Interest (Section 219 of CA 2016) Particulars of Director Name DATO RICHARD WEE LIANG HUAT @ RICHARD WEE LIANG CHIAT
1 28/03/2022 16,600,000 Disposed Deemed Interest Name of registered holder BNDM Incorporated Holdings Sdn. Bhd. Consideration (if any) RM0.040 per share
Disposal of 16,600,000 Ordinary Shares in Hubline Berhad off market by BNDM Incorporated Holdings Sdn. Bhd. Deemed Interest by virtue of Dato Richard Wee Liang Huat @ Richard Wee Liang Chiat's shareholding in BNDM Incorporated Holdings Sdn. Bhd. pursuant to Section 8(4) of the Companies Act 2016.
Direct (units) 72,000 Direct (%) 0.002 Indirect/deemed interest (units) 1,110,200,549 Indirect/deemed interest (%) 25.879 Date of notice 28/03/2022
VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS This announcement is dated 8 April 2022.
================= Another loss making high NOSH penny stock going shares consolidation and fund raising rights issue exercise.
Some stocks that had consolidated are pasukgb, pdz, lambo, trive, kanger, sanichi, pworth, etc
Those in the process are Ages, Mtronic, Digistar and Vsolar
=================== Be careful trading loss making penny stocks that has huge NOSH (BILLION SHARES)
Best and safest to avoid penny stocks with multi-billion issued shares. Directors have power to propose shares consolidation and raise more fund via rights issue with free warrants
Latest penny stocks to propose shares consolidation are FAST & YONGTAI while AGES, MTRONIC & DIGISTA had just completed the exercise or on-going.
Other high NOSH penny stocks that had undergone shares consolidation include pasukgb, pdz, kanger, lambo, sanichi, mtouche, netx, mlab, trive.......etc
Be aware of the risk of trading penny stock with high NOSH multi BILLION issued shares or multi-year losses with directors frequently raising fund via shares issuance to RI, PP and ESOS.
Directors have power to propose shares consolidation and rights issue with free warrants to continue with fund raising exercise
================ 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
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Quarterly rpt on consolidated results for the financial period ended 30 Sep 2022 Profit/(loss) before tax 33 4,207 20,608 18,069 3 Profit/(loss) for the period 33 4,531 12,338 19,426 4 Profit/(loss) attributable to ordinary equity holders of the parent 2,557 3,336 12,928 16,703 5 Basic earnings/(loss) per share (Subunit) 0.06 0.07 0.30 0.40 6 Proposed/Declared dividend per share (Subunit) 0.00 0.00 0.00 0.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($$) 0.0400 0.0400
EDUSPEC & DOLPHIN are the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 13 January 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 due to the corporate exercises
List of penny stocks with shares consolidation :-
2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, EDUSPEC
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
3,996 posts
Posted by whistlebower99 > 2022-03-29 11:53 | Report Abuse
FOR NEWBIES
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name DATO RICHARD WEE LIANG HUAT @ RICHARD WEE LIANG CHIAT
1 28/03/2022 16,600,000 Disposed Deemed Interest
Name of registered holder BNDM Incorporated Holdings Sdn. Bhd.
Consideration (if any) RM0.040 per share
Disposal of 16,600,000 Ordinary Shares in Hubline Berhad off market by BNDM Incorporated Holdings Sdn. Bhd. Deemed Interest by virtue of Dato Richard Wee Liang Huat @ Richard Wee Liang Chiat's shareholding in BNDM Incorporated Holdings Sdn. Bhd. pursuant to Section 8(4) of the Companies Act 2016.
Direct (units) 72,000
Direct (%) 0.002
Indirect/deemed interest (units) 1,110,200,549
Indirect/deemed interest (%) 25.879
Date of notice 28/03/2022
================
NOSH = 4,289,965,177
WC = 944,837,534
Maturity 2023-12-17
Strike value 0.0550
https://www.klsescreener.com/v2/stocks/view/7013/hubline-berhad
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TAYOR