Posted by whistlebower99 > 2021-10-07 21:28 | Report Abuse

You will still have 100k units if you don't want to take up the rights shares.
You can sell the OR if there are buyers when the OR is listed for trading for 5 days.

Posted by tpcourt123 > 2021-10-09 08:10 | Report Abuse

So mean the RI is depends you want subscribed or not right?

Posted by willee2 > 2021-10-09 15:01 | Report Abuse

ask urself..why u wanna put money or more money into it? tis syndicate is famous of using our monies buying other counters n make a loss.

Posted by jazzkhor > 2021-10-13 14:49 | Report Abuse

3rd july 2020 at the lowest point at 0.08 in 4th sept 2020 highest at 0.44. hopefully now it break the lowest again, and in 2 month will beyond 0.44. XD

Posted by Joe > 2021-10-13 15:18 | Report Abuse

Be patient miracles are going to happen soon with Permaju..... Time to collect now...! Keep your fingers cross...

Posted by BILLC > 2021-10-13 16:27 |

Post removed.Why?

Posted by koyokui > 2021-10-15 14:17 | Report Abuse

Buy permaju inflation coming all stock up

Posted by tpcourt123 > 2021-10-15 14:58 | Report Abuse

h9e

Posted by Jessgoh > 2021-10-18 09:51 | Report Abuse

inflation is wont effect fintec geng cause they hv no biz also only keep buying loss making company to cash out

Posted by CUTLOST > 2021-10-18 16:45 | Report Abuse

Permaju boleh maju loor

Posted by whistlebower99 > 2021-10-22 11:27 | Report Abuse

FUND RAISING - RIGHTS ISSUE

RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,055,337,076 NEW ORDINARY SHARES IN PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") ("PERMAJU SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 5 NOVEMBER 2021 ("RIGHTS ISSUE")

Rights issue price = 7sen
Ex-Date 03 Nov 2021
Entitlement date 05 Nov 2021

https://www.klsescreener.com/v2/announcements/view/3443731


Total issued shares = 933,872,695
PA = 1,027,334,366
WA = 93,535,984

If PA and WA are fully converted and Rights Issues fully subscribed Total issued shares will increase to close to 3 billions

Result of frequent fund raising by issuing shares for ESOS, PP, asset acquisition and rights issue
========================================

TAYOR

Posted by whistlebower99 > 2021-10-22 11:27 | Report Abuse

Important Relevant Dates for Renounceable Rights

PERMAJU INDUSTRIES BERHAD

Entitlement subject Important Relevant Dates for Renounceable Rights
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,055,337,076 NEW ORDINARY SHARES IN PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") ("PERMAJU SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 5 NOVEMBER 2021
Despatch Date 09 Nov 2021
Date for commencement of trading of rights 08 Nov 2021
Date for cessation of trading of rights 15 Nov 2021
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 29 Nov 2021
Last date and time for :
Sale of provisional allotment of rights 12 Nov 2021 05:00 PM
Transfer of provisional allotment of rights 16 Nov 2021 04:30 PM
Acceptance and Payment 22 Nov 2021 05:00 PM
Excess share application and payment 22 Nov 2021 05:00 PM
Available/Listing Date 03 Dec 2021

Posted by aspenvit > 2021-10-22 13:07 | Report Abuse

Luckily Rights issue price = mother share price. So mother share price won't drop lar. Perhaps mother share will be goreng ed up in order to attract investors to subscribe to rights issue.

Posted by stevenckheng > 2021-10-22 13:27 | Report Abuse

just wonder, for comnpany like this, is their business still under operation ?

Posted by jazzkhor > 2021-10-22 14:01 | Report Abuse

Hi Whistle99, im still quite confusing here, i read some article here and there, split shared and rights issue. So for now, if i dont take up the right issue, would my ordinary unit get slash or remain only?

Posted by whistlebower99 > 2021-10-22 14:26 | Report Abuse

For rights issue, you will get more if you subscribe for the rights share.
For share split and bonus issue, you will automatically get more units.
For shares consolidation, your original units will be slashed.

Posted by tpcourt123 > 2021-10-22 16:42 | Report Abuse

Kindly be advised of the following :

1) The above Company’s securities will be traded and quoted ““Ex- Right Issue” as from: 3 Nov 2021
2) The last date of lodgment : 5 Nov 2021
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct<1/2>, of Selling Price against the Selling Client
b) Buying Broker to deduct <10%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <1/2>, of the Transacted Price is applicable.

Posted by whistlebower99 > 2021-10-25 11:51 | Report Abuse

Directors are responsible to ensure success of rights issue to raise fund from shareholders but they are not responsible to ensure shareholders make money from subscription of rights issue.

Posted by Joe > 2021-10-26 11:48 | Report Abuse

Imagine Permaju become a bitcoin or a 5G project.. Everyone will be rushing to buy in...

Posted by koyokui > 2021-10-28 09:11 | Report Abuse

Which company hold crypto in bursa

Posted by Simonteo36 > 2021-10-28 09:13 |

Post removed.Why?

Posted by Joe > 2021-10-28 10:52 | Report Abuse

Permaju wait for a good announcement soon... Then everyone will try to rush.. Just wait...soon or later... We can see the goreng come back again.

Posted by whistlebower99 > 2021-11-01 15:39 | Report Abuse

Annual Report & CG Report - 2021

https://www.klsescreener.com/v2/announcements/view/3449501

Another year of loss -40,364,000

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

Be informed fund raising via rights issue ;

““Ex- Right Issue” as from: 3 Nov 2021

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

Nothing exciting as current market price 0.07 is same as rights issue price unless it can move up after 3 Nov onward

Posted by whistlebower99 > 2021-11-01 15:44 | Report Abuse

GENERAL MEETINGS: Notice of Meeting

https://www.klsescreener.com/v2/announcements/view/3449501


4. Ordinary Resolution 3

Description : To approve the payment of Directors' Fees amounting to RM500,000.00 for the period from the 25th AGM up to the 26th AGM of the Company

Shareholder’s Action For Voting

====================================================
Directors continued to be paid well even though company recorded another year of losses and investors losing money due to weakness of stock price.

Posted by Universe > 2021-11-01 16:03 |

Post removed.Why?

Posted by willee2 > 2021-11-01 22:12 | Report Abuse

mi smell drama brewing. camping here for more updates. selling mi popcorn also

Posted by whistlebower99 > 2021-11-02 16:52 | Report Abuse

““Ex- Right Issue” as from: 3 Nov 2021

Ex -price also 7sen.

Posted by whistlebower99 > 2021-11-05 16:37 | Report Abuse

OR TRADING DATE

Date for commencement of trading of rights 08 Nov 2021
Date for cessation of trading of rights 15 Nov 2021

==============================================
Going to be another lukewarm response to the OR like that of LAMBO, KANGER, PDZ
meaning could be quoted at 0.005 seller quote unless the stock price can be supported at 8 or higher.

========================================
Remember 8 Nov, Monday

Posted by AlfI3 > 2021-11-08 10:04 | Report Abuse

As it sounded rather unreasonable to me, I wud b very much appreciated if anybody can kindly share the rasionale behind for the rather heavy OR volume transacted today at 0.005; whilst the mother is traded at 0.07 or below?

Posted by jazzkhor > 2021-11-08 11:09 | Report Abuse

someone can help me to explain? why out of sudden i have the OR ? i sell for free money?
would this affect my mother share?

Posted by Joe > 2021-11-08 14:14 | Report Abuse

Why company has been losing money for few quaters and directors fees still high at 500k ?

Posted by Joe > 2021-11-08 14:15 | Report Abuse

Will this company show a turn around

Posted by Mar2083 > 2021-11-09 13:13 | Report Abuse

Don't subscribe ri
Waste time n money only

Posted by Joe > 2021-11-09 14:10 | Report Abuse

You are right...mother share and rights same price... How to subscribe...?

Posted by whistlebower99 > 2021-11-11 15:30 | Report Abuse

Sell above 7, buy a few OR to subscribe for the excess rights shares at 7,

Posted by pineapple123 > 2021-11-11 16:36 | Report Abuse

up to date, nobody want permaju OR. why they want us to subscribe the lousy type of or?

Posted by jeffkl > 2021-11-11 17:26 | Report Abuse

Just forget the OR. dun subscribe even if mother is more then 0.07. And get ready to run mother if they goreng, otherwise just dump and dun look back.

Posted by Joe > 2021-11-11 18:19 | Report Abuse

Looks like, they are following Kangar style... Operator showing high volume... But no business Model to show...or any new project...

Posted by Joe > 2021-11-11 18:20 | Report Abuse

Why nobody wants the OR ?

Posted by Joe > 2021-11-11 18:21 | Report Abuse

Is there any issues in this company ?

Posted by whistlebower99 > 2021-11-12 09:49 | Report Abuse

FOR NEWBIES

RIGHTS ISSUE

RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,055,337,076 NEW ORDINARY SHARES IN PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR THE "COMPANY") ("PERMAJU SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 5 NOVEMBER 2021

Rights issue price = 0.07
Ex-Date 03 Nov 2021
Ex-date price = 0.07

Date for commencement of trading of rights 08 Nov 2021
Date for cessation of trading of rights 15 Nov 2021
OR price = 0.005 seller quote

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

Today last trading day for OR

Next important date : -

Acceptance and Payment 22 Nov 2021 05:00 PM
Excess share application and payment 22 Nov 2021 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 29 Nov 2021

Available/Listing Date 03 Dec 2021

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

Posted by tpcourt123 > 2021-11-12 10:47 | Report Abuse

anyone still hold for OR?

Posted by Joe > 2021-11-15 12:06 | Report Abuse

Will the operator press down Permaju shares another 40% after the X rights ?????

Posted by Joe > 2021-11-15 12:11 | Report Abuse

Is this possible...operator push up shares to 12cents and everyone stars to buy....!

Posted by Joe > 2021-11-15 12:12 | Report Abuse

Lets see which one comes through

Posted by whistlebower99 > 2021-11-15 14:53 | Report Abuse

FOR NEWBIES

Next important date : -

Acceptance and Payment 22 Nov 2021 05:00 PM
Excess share application and payment 22 Nov 2021 05:00 PM

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 29 Nov 2021

Available/Listing Date 03 Dec 2021

==============================
Very likely rights issue acceptance will be under-subscribed and operators might take up a portion of the rights shares via excess acceptance unless the price can by pushed up higher than the rights price of 7sen before the closing date.

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

Wait for the announcement of final subscription on 29 Nov 2021

TAYOR

Posted by Joe > 2021-11-15 19:46 | Report Abuse

By the way.... If there were to be any input of new project... Then this stock is going to fly high...lets wait for the surprise to come... Keep your fingers crossed....

Posted by pineapple123 > 2021-11-16 02:03 | Report Abuse

apa project ada? early this yr until now, also cannot fly. company asking for money from u guys with lousy rights. and doesn't seem like got anybody want the rights. now the rights also closed already.

Posted by Joe > 2021-11-16 11:50 | Report Abuse

Need to be patient for this moment, the operator will definitely goreng this counter up, just a matter of time...

Posted by Joe > 2021-11-16 12:00 | Report Abuse

Wait for market to improve