nta 0.1, gold mine > 800kg, first cement clinker in sabah.... see any taikun want to throw in rm100 mil to buy bornoil share and become biggest share holder to bornoil...
PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PROPOSED PRIVATE PLACEMENT")
On behalf of the Board, UOBKH wishes to announce that the listing application for the Proposed Private Placement has been submitted to Bursa Malaysia Securities Berhad on 7 March 2023.
PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PROPOSED PRIVATE PLACEMENT")
On behalf of the Board, UOBKH wishes to announce additional information in relation to the Proposed Private Placement as underlined in the attachment enclosed.
thought previously proposed funraising for acquisition of 30% of MTSB shares? notobjective of fundraising change? bornoil do not hv fund for it normal daily operation, need to proposed pp to get fund??? MQ bank has earned a lot from previous PP. do MQ bank hold any bornoil share now?
EDUSPEC = 3,046,287,361 (in progress of share consolidation and rights issue)
VSOLAR = 4,834,933,699 (in progress of share consolidation and rights issue)
ZENTECH = 2,425,297,326 (completed share consolidation and still above 2 BILLION shares)
================ Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue and thereafter continue with massive shares issuance to PP & ESOS in near future.
Directors continue with fund raising via massive share issuance to PP
================== PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF BORNOIL ("PROPOSED PRIVATE PLACEMENT")
On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, via its letter dated 14 April 2023, resolved to approve the listing and quotation of up to 1,940,337,390 new ordinary shares in Bornoil ("Bornoil Shares") to be issued pursuant to the Proposed Private Placement, subject to the following conditions:-
considering character/behaviour of the management board/director, bornoil likely will reach NOSH of 20 billion in another 5 years time.... and retailers will not get any benefit despite company making good profit....
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
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....
OKU_2020
3,809 posts
Posted by OKU_2020 > 2 months ago | Report Abuse
Getting lembiq.....
FLOODED / DROWNING with ESOS
MOM 1 SEN....WD , WC COFFIN