PERMAJU INDUSTRIES BHD

KLSE (MYR): PERMAJU (7080)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.04

Trading Volume

1,241,300


8 people like this.

7,142 comment(s). Last comment by whistlebower99 1 day ago

Joe

1,476 posts

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...

BILLC

2,042 posts

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

Post removed.Why?

koyokui

1,921 posts

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

Buy permaju inflation coming all stock up

tpcourt123

729 posts

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

h9e

Jessgoh

1,175 posts

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

CUTLOST

5,178 posts

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

aspenvit

291 posts

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.

stevenckheng

1,330 posts

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

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

jazzkhor

139 posts

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.

tpcourt123

729 posts

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.

Joe

1,476 posts

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...

koyokui

1,921 posts

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?

Joe

1,476 posts

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.

Universe

529 posts

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

Post removed.Why?

willee2

1,089 posts

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

AlfI3

1,282 posts

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?

jazzkhor

139 posts

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?

Joe

1,476 posts

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 ?

Joe

1,476 posts

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

Will this company show a turn around

Mar2083

836 posts

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

Don't subscribe ri
Waste time n money only

Joe

1,476 posts

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,

pineapple123

2,472 posts

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?

jeffkl

66 posts

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.

Joe

1,476 posts

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...

Joe

1,476 posts

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

Why nobody wants the OR ?

Joe

1,476 posts

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 |

Post removed.Why?

tpcourt123

729 posts

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

anyone still hold for OR?

Joe

1,476 posts

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

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

Joe

1,476 posts

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

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

Joe

1,476 posts

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

Lets see which one comes through

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

Post removed.Why?

Joe

1,476 posts

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....

pineapple123

2,472 posts

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.

Joe

1,476 posts

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...

Joe

1,476 posts

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

Wait for market to improve

willee2

1,089 posts

Posted by willee2 > 2021-11-16 18:28 | Report Abuse

goreng co = got project = no project
don play tis counter unless u can wait >5 years to goreng

koyokui

1,921 posts

Posted by koyokui > 2021-11-19 08:35 | Report Abuse

Permaju somebody exercise at .22. Buy

Posted by whistlebower99 > 2021-11-19 13:17 | Report Abuse

Exercise at ratio 22:5 not at 22sen.
Meaning 4.4 PA converted to 1 mother share

If you lucky to buy PA at 1sen, you can make 6.5-4.4 = 2.1 or 48%

JohnFook

569 posts

Posted by JohnFook > 2021-11-21 21:23 | Report Abuse

Avoid .....trap

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