Posted by Daren6419 > 2021-06-18 17:58 | Report Abuse

Permaju still got one spike then after that will follow those fintec counter. Keep calm and wait for spike

Posted by KingOfStock > 2021-06-18 21:39 | Report Abuse

high risk high return.. keep calm and trade permaju...
hehe

Posted by marubozuu > 2021-06-19 16:29 | Report Abuse

Will rebound anytime now, buy all in and keep for more profit coming

Posted by messi > 2021-06-20 21:27 | Report Abuse

Be careful and closely monitor business decision of directors and how they utilize the company fund to grow business profits or to fatten cronies pockets. Don't be too greedy to expect the price to move up very high.

Posted by BrusaCasino > 2021-06-20 22:30 | Report Abuse

Thanks whistlebower99. Keep up the good work of warning

Posted by whistlebower99 > 2021-06-21 14:20 | Report Abuse

Extracted from previous posting dated 17/06/2021 9:35 PM
==================================================

The figures in the PERMAJU announcement don't look correct based on the entitlement ratio of rights shares in MTOUCHE announcement.
As at entitlement date, 50,000 shares should be entitled to 300,000 shares (not 50,000,000 shares) with 150,000 free warrants D.

Put the figures aside, it looks like Permaju is very kind and generous to support MTOUCHE fund raising exercise by subscribing for more shares by way of excess application. If not for Permaju excess application, MTOUCHE rights issue will be under subscribed at higher percentage.

There goes the cash on hand from Permaju's company account

=========================================================
Finally they get the figure correct....

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

NON RELATED PARTY TRANSACTIONS PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR "THE COMPANY") - ADDITIONAL INFORMATION ON THE ACQUISITION OF 185,050,000 RIGHTS SHARES TOGETHER WITH 92,525,000 FREE WARRANTS IN MTOUCHE TECHNOLOGY BERHAD BY ICONWORLD RESOURCES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

Reference is made to the Company’s announcements made on 14 June 2021 and 17 June 2021.

1. The background and details of the acquisition, including the number of Mtouches shares held by Iconworld as at the entitlement of Rights Shares, the entitlement of Iconworld under the Rights Shares and If relevant, the details of excess application

The Board of Permaju wishes to clarify that there was no share held by Iconworld as at the entitlement of Rights Shares. Iconworld purchased 50,000 units of Ordinary Rights from the open market at RM0.005 per unit with a total consideration of RM250.00 on 17 May 2021.

With the Ordinary Rights of 50,000 units, Iconworld was entitled to subscribe for the 50,000 units Rights Shares. Hence, Iconworld decided to subscribe for 50,000 units of Rights Shares at RM0.10 per unit and 185,000,000 units of Excess Rights Shares at RM0.10 each. Overall, Iconworld successfully subscribed for 185,050,000 units of Rights Shares together with 92,525,000 Free Warrant.

2. To provide further elaboration and justification on the rationale for the acquisition

The Company is of the view that the investment is expected to yield a positive impact to the Group in the foreseeable future as in accordance to Mtouches’ abridged prospectus which stated that the purpose of the Rights Issue is to raise sufficient fund to diversify into the healthcare business with a view to turnaround its performance via the new venture, given that expected strong demand in the healthcare sector in light of the present pandemic coupled with the strong performance of companies that are involved in the same industry and provide an alternative source of income to Mtouches’ current core business.


This announcement is dated 21 June 2021.

*Remark: the amendment was made on item 1 of the announcement dated 17 June 2021.

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

There is clear intention of PERMAJU directors to support MTOUCHE directors fund raising activity by merely buying 50,000 units of MTOUCHE-OR (costing RM250) followed by subscribing for 50,000 rights shares as well as subscribing excess 185,000,000 rights shares costing total of RM18,505,000 of the company fund.

Posted by koyokui > 2021-06-21 14:37 | Report Abuse

Buy permaju at good price now

Posted by messi > 2021-06-22 16:56 | Report Abuse

Wow Permaju up 4.55% making u-turn to fly up again.

@looiks and @cnnboy no need to hide at home already, should be feeling relief that 7o8o showing sign of trend reversal

Posted by messi > 2021-06-23 14:23 | Report Abuse

Jaga also never come back to check in to support this permalu stock? Real pathetic....

Posted by pineapple123 > 2021-06-23 17:31 | Report Abuse

boleh beli ah now Permaju? lol

Posted by dickdick > 2021-06-24 11:31 | Report Abuse

3rd collection done today, 115. Ready to fly gogogo permaju

Posted by whistlebower99 > 2021-06-24 14:19 |

Post removed.Why?

Posted by messi > 2021-06-24 15:36 | Report Abuse

Huhuhu, silly directors & operator offering ESOS price to traders ?

Better show more right pocket to left pocket activities and generate more demands to attract more traders to buy lah.

Posted by KingOfStock > 2021-06-24 16:16 | Report Abuse

DONT BUY IS A TRAP... impossible a company doing such silly action...

Posted by tpcourt123 > 2021-06-24 16:32 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3169322

Posted by tpcourt123 > 2021-06-24 16:39 | Report Abuse

is fly time>?

Posted by messi > 2021-06-24 16:40 | Report Abuse

Huhuhu, good show, I am still waiting for my nasi lemak and kfc.....

Posted by QQFly8888 > 2021-06-25 08:22 | Report Abuse

can buy 0.115 ... push soon

Posted by Hai Hai > 2021-06-25 16:17 | Report Abuse

Beli ini team fintec..beli derita le..

Posted by whistlebower99 > 2021-06-26 13:15 | Report Abuse

Calling external auditors of loss making penny stocks

External auditors have a big role to play to ensure companies do not cheat shareholders by hiding potential red flags from the audit report.

If Serbadk can sue KPMG for trying to raise potential red flags then shareholders must also be able to sue auditors for trying to hide potential red flags.

https://www.theedgemarkets.com/article/serba-dinamik-take-legal-action-against-external-auditor-kpmg-negligence

https://www.theedgemarkets.com/article/kpmg-says-audit-was-proper-and-will-contest-serba-dinamiks-suit-%E2%80%94-can-company-sue-its

Auditors must be ethical and bold like KPMG to insist on reporting suspicious and irregular transactions.

Posted by messi > 2021-06-29 10:22 | Report Abuse

Indicators looking good for uptrend...

Posted by QQFly8888 > 2021-06-29 12:29 | Report Abuse

last week saw shark at 0.115 already that why I say push soon

Posted by QQFly8888 > 2021-06-29 12:30 | Report Abuse

wait the market rebound first.. market too bad recently

Posted by messi > 2021-07-02 09:52 | Report Abuse

hehehe....load..

Posted by whistlebower99 > 2021-07-03 13:24 |

Post removed.Why?

Posted by messi > 2021-07-04 21:01 | Report Abuse

hehehe....lausai stock below esos price also hard to find buyers.

Posted by messi > 2021-07-04 21:04 | Report Abuse

Chai family happy family collected 21million while most retail shareholders holding high prices.

Posted by kenkoh > 2021-07-06 20:53 | Report Abuse

What is the price trend this week? Touched 0.12 today

Posted by Pattankhaw > 2021-07-07 20:04 | Report Abuse

Aduh! Kena trapped mampus lah

Posted by kenkoh > 2021-07-08 12:08 | Report Abuse

Hard to earn money from this counter.

Posted by messi > 2021-07-08 19:14 | Report Abuse

Operator already scoop lots of money from this stock when it was pushed up to around 40. Many got trapped at high prices buying from market or converting PA which also trapped people around 7, 8 sen.

Posted by whistlebower99 > 2021-07-13 11:23 |

Post removed.Why?

Posted by tch123 > 2021-07-14 09:18 | Report Abuse

See how "director" carry out the corporate show here https://site785.wordpress.com/

Posted by whistlebower99 > 2021-07-14 22:08 |

Post removed.Why?

Posted by Hai Hai > 2021-07-15 09:14 | Report Abuse

Sudah ckp..beli ini team fintec beli derita..

Posted by whistlebower99 > 2021-07-15 10:51 |

Post removed.Why?

Posted by see2sea > 2021-07-15 13:54 | Report Abuse

Another rubbish stock..making new low..losing more than 40%

Posted by LossAversion > 2021-07-16 15:45 | Report Abuse

Michael said hold and wait until July....??????

Posted by whistlebower99 > 2021-07-16 16:33 |

Post removed.Why?

Posted by messi > 2021-07-19 09:03 | Report Abuse

Good start, let it fly up to 15. Huat Chai lai liao !!!

Posted by alex > 2021-07-19 09:10 | Report Abuse

today got wayang ka? or trap2 again :)

Posted by Powertrade76 > 2021-07-19 09:16 | Report Abuse

go go permaju

Posted by messi > 2021-07-19 09:26 | Report Abuse

Chai family got power. Gogogo !!!
15 coming !!!

Posted by SISHunter > 2021-07-19 09:58 | Report Abuse

Hemmm….. they really want to push it today... MACD,ADX, Momentum, RSI & others give a good signals... enjoy trade & careful

Posted by see2sea > 2021-07-19 09:58 | Report Abuse

Trap..afternoon red

Posted by see2sea > 2021-07-19 10:17 | Report Abuse

Operator will sell when signal is good..dont kena con again by syndicate..too many inside i3

Posted by zanbini > 2021-07-19 10:43 | Report Abuse

I sold it, thanks

Posted by zanbini > 2021-07-19 10:43 |

Post removed.Why?

Posted by see2sea > 2021-07-19 10:49 | Report Abuse

Cutloss this rubbish already..bye bye operator..u play with yourself and bilis

Posted by messi > 2021-07-19 11:25 | Report Abuse

Huhuhu.....so fast pit stop....come on.....chai family show more vroom power...all the way to 15