================ 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
================= More than 4.6 BILLION shares and warrants combined Too heavy for price to move up high
================== Massive issuance of shares to PP in last 4 months Directors might continue to raise fund via share issuance to ESOS and PP NOSH might continue rise, further diluting your shareholdings equity % and EPS
Loss making in 8 out of last 9 years !!! Directors continue to receive salaries & payments
======================= Be careful trading loss making penny stocks that has huge NOSH (BILLION SHARES) Directors have power to propose shares consolidation 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
=============== Direct (units) 408,144,300 Direct (%) 11.497 Indirect/deemed interest (units) 464,339,128 Indirect/deemed interest (%) 13.079 Total no of securities after change 872,483,428 Date of notice 12 Jul 2022
=============== Maybe TWL can buy more and one day take the company private
Those guys in TWL are not doing real business.. Main business trading toilet paper for real money.. Now proposed ESOS.. Crazy way to cheat innocent people
Details of corporate proposal EMPLOYEES' SHARE OPTION SCHEME No. of shares issued under this corporate proposal 42,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0486 Par Value($$) (if applicable) Malaysian Ringgit (MYR) Latest issued share capital after the above corporate proposal in the following Units 3,592,156,217 Issued Share Capital ($$) Malaysian Ringgit (MYR) 326,757,893.390 Listing Date 18 Jul 2022
========== Expect directors to raise more funds via shares issuance to esos and private placement
===================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Another batch of ESOS shares to be listed on open market
Details of corporate proposal EMPLOYEES' SHARE OPTION SCHEME No. of shares issued under this corporate proposal 95,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0840 Par Value($$) (if applicable) Malaysian Ringgit (MYR) Latest issued share capital after the above corporate proposal in the following Units 3,687,156,217 Issued Share Capital ($$) Malaysian Ringgit (MYR) 338,556,893.390 Listing Date 19 Jul 2022
=============== The issue price of 0.084 is more likely typo error as employees can't be so silly to subscribe at higher than current market price
More than 4.7 billion shares and warrants combined Multi year loss making penny stock Too heavy for price to move up high
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Details of corporate proposal EMPLOYEES' SHARE OPTION SCHEME No. of shares issued under this corporate proposal 43,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0840 Latest issued share capital after the above corporate proposal in the following Units 3,730,156,217 Listing Date 20 Jul 2022 https://www.klsescreener.com/v2/announcements/view/3581281
============= Another batch of ESOS shares to be listed The issue price of 0.084 is more likely typo error as employees can't be so silly to subscribe at higher than current market price
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) TWL HOLDINGS BERHAD
Particulars of substantial Securities Holder Name TWL CAPITAL BERHAD
1 18 Jul 2022 3,700,000 Acquired Indirect Interest Name of registered holder Dato' Tan Wei Lian 2 19 Jul 2022 3,359,200 Acquired Indirect Interest Name of registered holder Dato' Tan Wei Lian 3 19 Jul 2022 5,266,400 Acquired Direct Interest Name of registered holder TWL Capital Berhad 4 19 Jul 2022 55,000,000 Others Indirect Interest Name of registered holder Datin Sek Chian Nee Description of "Others" Type of Transaction ESOS 5 20 Jul 2022 43,000,000 Others Indirect Interest Name of registered holder Datin Sek Chian Nee Description of "Others" Type of Transaction ESOS
Direct (units) 413,410,700 Direct (%) 11.083 Indirect/deemed interest (units) 569,398,328 Indirect/deemed interest (%) 15.265 Total no of securities after change 982,809,028 Date of notice 20 Jul 2022
=============== TWL Capital Berhad owned by 3 directors ( Dato' Tan Wei Lian, sister Miss Tan Lee Chin and wife Datin Sek Chian Nee) continue to accumulate TWL shares from open market and ESOS subscription (@0.084, higher than market price)
MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!! Announcement dated 2 August 2022
=================== 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
Another case of massive share issuance penny stock
ISSUANCE OF 555,555,556 NEW ORDINARY SHARES IN TWL ("TWL SHARES" OR "SHARES") ("CONSIDERATION SHARES") TO MUHAMMAD AFANDI BIN AMIR ("AFANDI"), MOHAMMAD RAMADHAN BIN OTHMAN ("RAMADHAN") AND RISING APPLAUSE SDN BHD ("RISING APPLAUSE") (COLLECTIVELY, THE "VENDORS") TO SATISFY PART OF THE PURCHASE CONSIDERATION OF RM35.00 MILLION ("PURCHASE CONSIDERATION") FOR THE ACQUISITION BY TWL OF 100% EQUITY INTEREST IN PEMBINAAN QAISAR SDN BHD ("QAISAR") ("ACQUISITION") ("ISSUANCE")
=========== Add another 1/2 BILLION shares to NOSH, exceeding 4 BILLION shares Massive dilution of shareholders equity % and EPS
=========== TAYOR, be careful with high NOSH low price penny stock
On 24 March 2022, INTA entered into 3 separate sale and purchase agreements with SDP Bukit Raja to acquire the EN10 Land, EN11 Land and HT4 Land for cash considerations of RM10.00 million, RM12.00 million and RM23.00 million respectively (“Principal SPAs”). . . Source of funding The balance Purchase Considerations which have not been paid as at the date of this announcement are expected to be funded via internally generated funds, bank borrowings and/or future fund raising exercises to be undertaken. In this regard, the Company is in the midst of planning a rights issue exercise, details of which shall be announced in due course.
================= Directors will be doing another fund raising exercise via rights issue soon. Shareholders, investors have to dig pocket again to contribute to the fund raising after the recently completed rights issue in September 2021
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Take note of shareholdings held by directors and company linked to them Company cash rich from fund raising via rights issue, ESOS, PP Directors continue shares issuance to raise more fund Company running with multi year losses What are their plans ? ================
MNC is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 29 August 2022.
=================== 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
List of penny stocks with shares consolidation :-
2022 in progress - MNC, MERIDIAN, LKL, IMPIANA, FAST, VSOLAR
NEXGRAM is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 14 September 2022.
=================== 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
More than 4.7 billion shares and warrants combined Multi year loss making penny stock Too heavy for price to move up high
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
=========== After recent fund raising via rights issue, directors doing another fund raising via RCULS rights issue Shareholders and retail investors need to dig pocket again to contribute to company fund.
=============== On behalf of the Board of Directors of TWL, Kenanga Investment Bank Berhad wishes to announce that the Company proposes to undertake a renounceable rights issue of up to RM120.199 million nominal value of 4,006,633,348 5-year 5% redeemable convertible unsecured loan stocks in the Company (“RCULS”) at 100% of its nominal value of RM0.03 each together with up to 1,144,752,385 free detachable warrants in the Company (“Warrants E”) on the basis of 7 RCULS together with 2 Warrants E for every 10 existing ordinary shares in the Company held by the entitled shareholders of the Company on an entitlement date to be determined and announced later.
Please refer to the attachment for further details. This announcement is dated 16 August 2022
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) TWL HOLDINGS BERHAD
Particulars of substantial Securities Holder Name TWL CAPITAL BERHAD
Direct (units) 593,359,300 Direct (%) 15.907 Indirect/deemed interest (units) 459,798,328 Indirect/deemed interest (%) 12.327 Total no of securities after change 1,053,157,628 Date of notice 11 Oct 2022
=================== Directors TWL & spouse own 15.907% while TWL Holdings own 12.327% Total owned by TWL, spouse and related company = 28.234%
Cash rich company from fund raising via shares issuance to RI, PP and ESOS But company incurred multi year losses
Maybe TWL Holdings & owners should take the company private
LISTING AND QUOTATION OF 166,047,088 NEW ORDINARY SHARES IN TWL ("TWL SHARES" OR "SHARES") ("CONSIDERATION SHARES") TO BE ISSUED TO STELLAR VANTAGE SDN BHD TO SATISFY PART OF THE PURCHASE CONSIDERATION OF RM13.90 MILLION FOR THE ACQUISITION BY TWL LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TWL, OF A PIECE OF VACANT FREEHOLD LAND HELD UNDER G.M. 1243, LOT 117025, TEMPAT KUYOW, MUKIM PETALING, DAERAH PETALING, NEGERI SELANGOR MEASURING 8,479 SQUARE METRES ("LAND") ("ACQUISITION")
On behalf of the Board, Mercury Securities wishes to announce that the Company has submitted an application to seek Bursa Securities’ approval for an extension of time until 18 January 2023 for the Company to complete the listing and quotation of the Consideration Shares. This announcement is dated 26 October 2022.
================ More dilution of your shareholdings equity % via shares issuance on the way soon Dilution to EPS too
Directors frequently doing shares issuance to PP, ESOS, RI, asset acquisition Business wise, directors recorded multi year annual losses
=============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
Almost 5 BILLION shares plus warrants in market. How high can the price be supported ?
Be careful holding high NOSH loss making penny stocks, many of which had undergone shares consolidation and rights issue causing huge losses to retail shareholders
Renounceable rights issue of up to RM120.199 million nominal value of 4,006,633,348 5-year 5% redeemable convertible unsecured loan stocks in the Company (“RCULS”) at 100% of its nominal value of RM0.03 each together with up to 1,144,752,385 free detachable warrants in the Company (“Warrants E”) on the basis of 7 RCULS together with 2 Warrants E for every 10 existing ordinary shares in the Company held by the entitled shareholders of the Company on an entitlement date to be determined and announced later. This announcement is dated 16 August 2022 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3283527
============ Massive fund raising via rights issue coming very soon, one step closer to implementation Revision to original proposal
============ On behalf of the Board, Kenanga IB wishes to announce that the Company has resolved to revise the entitlement ratio, nominal value of RCULS, illustrative conversion price of RCULS and illustrative exercise price of Warrants E in respect of the Proposed Rights Issue (“Revision”). This announcement is dated 2 November 2022.
============== Multi year loss making company Directors good in fund raising via issuance of RCULS, warrants and shares
(September 2021 - RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,101,480,437 NEW ORDINARY SHARES AT AN ISSUE PRICE OF RM0.04 PER RIGHTS SHARE TOGETHER WITH UP TO 1,101,480,437 FREE DETACHABLE WARRANTS IN THE COMPANY ON THE BASIS OF 3 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS D FOR EVERY 4 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 9 SEPTEMBER 2021)
LISTING AND QUOTATION OF 166,047,088 NEW ORDINARY SHARES IN TWL ("TWL SHARES" OR "SHARES") ("CONSIDERATION SHARES") TO BE ISSUED TO STELLAR VANTAGE SDN BHD TO SATISFY PART OF THE PURCHASE CONSIDERATION OF RM13.90 MILLION FOR THE ACQUISITION BY TWL LAND SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF TWL, OF A PIECE OF VACANT FREEHOLD LAND HELD UNDER G.M. 1243, LOT 117025, TEMPAT KUYOW, MUKIM PETALING, DAERAH PETALING, NEGERI SELANGOR MEASURING 8,479 SQUARE METRES ("LAND") ("ACQUISITION")
On behalf of the Board, Mercury Securities is pleased to announce that Bursa Securities had, vide its letter dated 2 November 2022, approved the Company’s application for an extension of time until 18 January 2023 for the Company to complete the listing and quotation of the Consideration Shares.
========= On behalf of the Board, Kenanga IB wishes to announce that the SC had, vide its letter dated 12 December 2022, granted its approval under Section 214(1) of the Capital Markets & Services Act 2007 for the application for the proposed renounceable rights issue of up to RM114,475,239 in nominal value of 5-year 5% redeemable convertible unsecured loan stocks with free detachable warrants, subject to the compliance with the standard conditions and continuing obligations as stipulated in the Guidelines on Issuance of Corporate Bonds and Sukuk to Retail Investors issued by the SC.
========= Directors got approval for another massive fund raising via issuance of RCULS with free warrant. Minimum of 3.7 Billion RCULS with 746 million warrant E.
========= Heavy high NOSH penny stock with massive RCULS and warrants
Take note on the revision of the proposed rights issue exercise :-
1. Pursuant to the Revision, the Proposed Rights Issue will now involve the issuance of up to 5,723,761,927 RCULS together with up to 1,144,752,385 free Warrants E to be implemented on a renounceable basis of 10 RCULS together with 2 free Warrants E for every 10 Shares held by the Entitled Shareholders on the Entitlement Date at an issue price to be determined and announced by the Board at a later date.
2. Pursuant to the Revision:- (i) the issue size of the RCULS shall now be up to RM114,475,000 nominal value of 5,723,761,927 RCULS at 100% of its nominal value of RM0.02 each; and (ii) the conversion price of the RCULS shall now be RM0.03 per RCULS.
3. Pursuant to the Revision, the exercise price of the Warrants E shall now be RM0.03 per Warrant E.
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....
ctooi51
384 posts
Posted by ctooi51 > 2022-06-02 11:49 | Report Abuse
Scam.. Only the greedy will be eaten alive.. I was half eaten.. But still survive to tell tales.. Rubbish counter