bornoil stated in qr report that plan to keep vr as long investment as has confidence in vr future... no plan to dispose vr share.... vr scam too? TAYOR....
MQ TECH is the latest high NOSH low price penny stock proposing to do shares consolidation !!! This announcement is dated 7 June 2024.
=================== 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
lehibeng,@ likely boom after next QR out...try to slowly collect at 0.005 to average down.... ++++++ lucky can get half sen.....wasting time. BETTER WALLAP / GRAB 1 SEN to average down.....POTENTIAL 100% ,,,- 500 ,% JACKPOT WAITING $$$$$👌
Announced EX Date Subject Ratio Offer 12 May 2017 24 May 2017 Bonus Issue 4 : 8 View 12 May 2017 24 May 2017 Bonus Issue (warrant) 1 : 8 View 01 Oct 2015 13 Oct 2015 Rights Issue (warrant) 6 : 1 0.1000 View 15 Jan 2008 28 Jan 2008 Rights Issue (warrant) 1 : 3 0.0500 View 23 Sep 2002 08 Oct 2002 Rights Issue (warrant) 3 : 2 1.0000 View
====================== NOSH exceeded 11 BILLION shares due to directors frequent fund raising via share issuance to PP, ESOS, RI, etc
Shareholder equity % and EPS immensely diluted
================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director Name DATUK JOSEPH LEE YOK MIN @ AMBROSE
1 27/06/2024 313,259,300 Disposed Direct Interest Name of registered holder DATUK JOSEPH LEE YOK MIN @ AMBROSE
2 27/06/2024 16,927,500 Acquired Indirect Interest Name of registered holder DATUK JOSEPH LEE YOK MIN @ AMBROSE
Total no of securities after change Direct (units) 342,082,100 Direct (%) 2.853 Indirect/deemed interest (units) 1,323,465,310 Indirect/deemed interest (%) 11.036 Date of notice 27/06/2024
It is time for SC to investigate why the price oscillate between 0.005 and 0.01 sen...both buy and sell bids at high volumes every day for months if not years. Is the actual buy and sell by the same person or group of related persons. It is not difficult to access to these data.
I. PROPOSED BONUS ISSUE OF WARRANTS; II. PROPOSED TERMINATION OF EXISTING ESOS; AND III. PROPOSED NEW ESOS
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") On behalf of the Board of Directors of Bornoil ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake the following:-
i. a bonus issue of up to 3,520,107,297 free warrants in Bornoil ("Warrant(s) E") on the basis of 1 Warrant E for every 4 existing ordinary shares in Bornoil ("Bornoil Share(s)" or "Share(s)") held by the entitled shareholders whose names appear in the Company's Record of Depositors on an entitlement date to be determined and announced later ("Entitlement Date") ("Entitled Shareholders") ("Proposed Bonus Issue of Warrants");
ii. termination of the existing employees' share option scheme ("ESOS") ("Existing ESOS") ("Proposed Termination of Existing ESOS"); and
iii. an establishment of a new ESOS of up to 15% of the total number of issued shares in Bornoil (excluding treasury shares, if any) at any point in time over the duration of the ESOS for eligible persons ("New ESOS") ("Proposed New ESOS").
Further details of the Proposals are set out in the attachment enclosed.
What is the meaning to issue warrant ? 0.005 of the new Warrant value ????? Share price edy bottom ….. what is boss thinking ? ? Will goreng after new warrant issue ? I don’t think so ….
HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI. This announcement is dated 15 July 2024.
================
List of high NOSH penny stocks with shares consolidation :-
Enough to SOUR GRAPES /'CRYING BABIES BORNOIL NOT GOING FOR SHARE CONSOLIDATION But FREE WARRANTS.....GOLENG WILL BE A MUST .....TP BORNOIL 5 SEN ....Huatt Chaiii $$$$$
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
limch
3,033 posts
Posted by limch > 1 month ago | Report Abuse
lehubeng VR can it be sold for RM 400 mil as you wish? I monitor almost 2 week since latest QR VR hardly traded or no volume.