PERMAJU INDUSTRIES BHD

KLSE (MYR): PERMAJU (7080)

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Last Price

0.045

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.045

Trading Volume

1,146,000


8 people like this.

7,127 comment(s). Last comment by Vhydro 2 weeks ago

koyokui

1,901 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

tpcourt123

729 posts

Posted by tpcourt123 > 2021-11-22 09:47 | Report Abuse

Really trap, now drop because OR release?

tpcourt123

729 posts

Posted by tpcourt123 > 2021-11-22 09:47 | Report Abuse

damm con

Joe

1,415 posts

Posted by Joe > 2021-11-22 19:52 | Report Abuse

Really don't know how they manage a public listed company.. Director fees nak sangat...

JohnFook

569 posts

Posted by JohnFook > 2021-11-22 21:34 | Report Abuse

Trap

Posted by whistlebower99 > 2021-11-23 11:17 | Report Abuse

Interesting to see the subscription rate of the rights shares on 29 Nov.
QR should be due by this month too if no lockdown delay.
Expect another quarterly losses, one of which from investment in other penny stocks.

TAYOR

koyokui

1,901 posts

Posted by koyokui > 2021-11-25 09:45 | Report Abuse

Permju somebody exersice at .22

Posted by whistlebower99 > 2021-11-25 20:50 | Report Abuse

Exercise ratio adjusted from 5:1 to 22:5 (4.4:1)
Meaning 4.4 PA converted to 1 mother share

koyokui, if you stuck at 22, don't mislead newbies.

Jessgoh

1,175 posts

Posted by Jessgoh > 2021-11-26 14:30 | Report Abuse

Go study first before gv comment misleading ppl lol....always gv comment to ask ppl buy high in all others shares...confirm is full time con ppl o

koyokui Permju somebody exersice at .22

Posted by whistlebower99 > 2021-11-29 09:50 | Report Abuse

FOR NEWBIES

RIGHTS ISSUE UPDATES

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

---------------------------
Trading of OR from 8 Nov - 12 Nov 2021 (COMPLETED)
OR price = 0.005 seller quote

------------------------------
Acceptance and Payment 22 Nov 2021 05:00 PM (COMPLETED)
Excess share application and payment 22 Nov 2021 05:00 PM

Stock price = 0.065

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

Available/Listing Date 03 Dec 2021

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

Today is announcement of final subscription result

TAYOR

tpcourt123

729 posts

Posted by tpcourt123 > 2021-11-29 11:41 | Report Abuse

Damm drop

Joe

1,415 posts

Posted by Joe > 2021-11-29 12:18 | Report Abuse

Maybe operator switch to Glove Stock.. Make money faster...

Joe

1,415 posts

Posted by Joe > 2021-11-29 12:22 | Report Abuse

But i am abit confuse with this stock, on how the rights issue was given at 0.07 cents... Placement is 0.22cents why ? And now share is 0.06 cents.

Posted by whistlebower99 > 2021-11-29 17:34 | Report Abuse

Final subscription result and basis of allotment of excess Rights Securities

On behalf of the Board, Mercury Securities wishes to announce that pursuant to the close of acceptance, excess applications and payment for the Rights Shares at 5.00 p.m. on 22 November 2021, the Company had received valid acceptances and excess applications for a total of 959,813,224 Rights Shares, representing 99.95% subscription of the total number of Rights Shares available for subscription under the Rights Issue.

No. of Rights shares % of total issue
Total valid acceptances 55,797,276 5.81
Total valid excess applications 904,015,948 94.14
Total valid acceptances and excess applications 959,813,224 99.95
Total Rights Shares available for subscription 960,272,695 100.00
Not subscribed for 459,471 0.05

The total number of excess Rights Shares available for allocation was 904,475,419. In view that the total number of excess Rights Shares applied for was 904,015,948, the Board has decided to allot the excess Rights Shares to all the entitled shareholders and/or their renouncee(s) and/or transferee(s) who have applied for the excess Rights Shares in full.

The Right Shares are expected to be listed on the Main Market of Bursa Securities on 3 December 2021.

This announcement is dated 29 November 2021.

https://www.klsescreener.com/v2/announcements/view/3464745

==================================
Only 5.81% for valid acceptance, meaning most retailers do not subscribe for the rights shares

Massive 94.14% for excess applications has to be the work of operators

Operators are cash rich to subscribe the excess rights shares at 7sen instead of buying from market at cheaper than 7sen.

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

Trade with care. Certain parties might fry up to dump the rights shares to release their fund

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-11-29 17:53 | Report Abuse

Could drop further after RI. Kanger is the good experience... Drop from 6 to 3c.

BECAREFUL!!!!

koyokui

1,901 posts

Posted by koyokui > 2021-11-30 14:33 | Report Abuse

Buy permju quarterly profit

sunsetbiz

739 posts

Posted by sunsetbiz > 2021-11-30 14:54 | Report Abuse

wait 2c saja ni

Joe

1,415 posts

Posted by Joe > 2021-11-30 17:29 | Report Abuse

Yaa... Permaju showing quarterly profit...

Posted by whistlebower99 > 2021-11-30 21:34 | Report Abuse

QR is out.

https://www.klsescreener.com/v2/announcements/view/3465541

At a glance, it is a profitable quarter.

Profit/(loss) attributable to ordinary equity holders of the parent 2,630,000

Need to read the report for more details.

TAYOR

jazzkhor

139 posts

Posted by jazzkhor > 2021-12-01 16:09 | Report Abuse

After somany years of loss, finally having profit. And it doesn't affect the share price.

Posted by whistlebower99 > 2021-12-02 10:05 | Report Abuse

Take note

Rights shares listing date will be on 6 Dec 2021 due to holiday on 3 Dec 2021

Posted by whistlebower99 > 2021-12-02 17:52 | Report Abuse

LISTING OF RIGHTS SHARES

Types of corporate proposal Rights Issue

Details of corporate proposal 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

No. of shares issued under this corporate proposal 959,813,224
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0700
Latest issued share capital after the above corporate proposal in the following Units 1,922,063,077
Issued Share Capital ($$) Malaysian Ringgit (MYR) 439,166,993.240
Listing Date 06 Dec 2021

======================
Be aware that operators will release the rights shares to market retailers to free up the fund used in excess rights shares subscription.

Operators might have a way to make profit even if price continues to fall. Think about it.

======================
NOSH = 1,922,063,077 hitting 2 BILLION shares soon.

PA = 886,634,866
WA = 103,712,699

==================
TAYOR

stockraider

31,556 posts

Posted by stockraider > 2021-12-04 09:41 | Report Abuse

Do not waste money, just avoid this counter own by kon fintec group loh!


VERY VERY IMPORTANT WARNING MAH!

Dishonest scenery is a dishonest agent of kon fintec syndicate mah!

Be very careful of Scenery....he is all out to kon u mah!


Posted by scenery > Dec 3, 2021 4:59 PM | Report Abuse

WARNING:

stockraider aka whistlebower99 aka thehoff spamming all penny stocks here n in FB GorengGroupFB. He non stop since early 2021 days n nights, working very hard for syndicates to collect at low n causes all penny stock lost above 5000% - 10000%

He use company PP to spam down price even after those have alredi consolidated n RI, until they fall below consol price. Ridiculous. This conman has caused millions of people losing huge by pretending to help newbies.

Posted by whistlebower99 > 2021-12-06 20:19 | Report Abuse

Penny stock invest in penny stock

Particulars of Substantial Securities Holder
Name VSOLAR GROUP BERHAD


Date interest acquired 30 Nov 2021
No of securities 320,000,000
Subscription of Rights Shares via CubeTech Asia Sdn. Bhd., a wholly-owned Subsidiary.

Total no of securities after change
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 320,000,000
Indirect/deemed interest (%) 16.649
Date of notice 06 Dec 2021

=========
VSOLAR, a penny stock supporting another penny stock fund raising exercise.

==========
TAYOR

sunsetbiz

739 posts

Posted by sunsetbiz > 2021-12-07 10:07 | Report Abuse

u help me i help u group of scam

tpcourt123

729 posts

Posted by tpcourt123 > 2021-12-07 10:53 | Report Abuse

scam con stock

stockraider

31,556 posts

Posted by stockraider > 2021-12-07 11:04 | Report Abuse

Avoid lah!

Kon counter mah!

Posted by whistlebower99 > 2021-12-07 12:13 | Report Abuse

FOR NEWBIES

On behalf of the Board, Mercury Securities wishes to announce that the Rights Issue has been completed following the listing and quotation of 959,813,224 Rights Shares on the Main Market of Bursa Securities today.
This announcement is dated 6 December 2021.

==================
Total amount raised from rights issue = 959,813,224 X 0.07 = RM67,186,256

Very successful fund raising by directors even though price was trading below rights issue price

Company fund increased by 67 mil of which about 22.5 mil contributed by VSOLAR

========================
TAYOR

AlfI3

1,249 posts

Posted by AlfI3 > 2021-12-08 07:35 | Report Abuse

Really a horrible conmans stock, many thanks for your persistanly alerts & reminders tat had avoided me being trapped. May god blesses....!

stockraider

31,556 posts

Posted by stockraider > 2021-12-08 10:46 | Report Abuse

Just avoid these kon stocks loh!

https://www.klsescreener.com/v2/news/view/818927/special-report-hidden...

Joe

1,415 posts

Posted by Joe > 2021-12-08 22:35 | Report Abuse

Woow.. That alot of money raised from rights issue...67MM how are they going to utilize this funds...

Joe

1,415 posts

Posted by Joe > 2021-12-08 22:42 | Report Abuse

What is going to happen to this RM67MM....?

Good123

24,748 posts

Posted by Good123 > 2021-12-09 09:23 | Report Abuse

Monday, 6 Dec 2021
5:26PM
PERMAJU NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
5:12PM
PERMAJU VSOLAR GROUP BERHAD (320,000,000 units Acquired)
5:12PM
PERMAJU CUBETECH ASIA SDN. BHD. (320,000,000 units Acquired)

Good123

24,748 posts

Posted by Good123 > 2021-12-09 09:25 | Report Abuse

tunggu dividend :)

21-Oct-2021 03-Nov-2021 RIGHTS_ISSUE Rights Issue 1.0000 : 1.0000
19-Jun-2020 13-Jul-2020 RIGHTS_ISSUE Rights Issue 10.0000 : 2.0000
15-May-2000 26-Jun-2000 DIVIDEND First and Final Dividend 8%

Good123

24,748 posts

Posted by Good123 > 2021-12-09 10:57 | Report Abuse

7080 PERMAJU PERMAJU INDUSTRIES BHD
Additional Listing Announcement /Subdivision of Shares
1. Details of corporate proposal
Whether the corporate proposal involves the issuance of new type and new class
of securities? N
Types of corporate proposal : Rights Issue
Details of corporate proposal : 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
No. of shares issued under this corporate proposal : 959,813,224
Issue price per share ($$) : 0.0700
Par Value ($$) (if applicable) : 0.000
Latest issued share capital after the above corporate proposal
In the following
Units : 1,922,063,077
Issued Share Capital ($$) : Malaysian Ringgit (MYR) 439,166,993.240
Listing Date : 06/12/2021
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

02/12/2021 07:00 AM

Good123

24,748 posts

Posted by Good123 > 2021-12-09 10:58 | Report Abuse

Wow

Average Price Target: 1.02
Price Target Upside/Downside: +0.96

stockraider

31,556 posts

Posted by stockraider > 2021-12-09 11:18 | Report Abuse

Run b4 too late loh!

ahbah

6,059 posts

Posted by ahbah > 2021-12-09 11:21 | Report Abuse

The mkt now got too mani run stocks !!!

In fact, it looks like our mkt is also a run mkt too ?

stockraider

31,556 posts

Posted by stockraider > 2021-12-09 12:45 |

Post removed.Why?

MZM2511

4,435 posts

Posted by MZM2511 > 2021-12-09 12:48 | Report Abuse

THE CON SPAMMERS ARE FLOODING IN THE COUNTER FORUM TO CREATE FEAR AND SUGGESTING INVESTORS TO SELL THE SHARES...

stockraider a.k.a wistlebower99 lately seems VERY ACTIVE in a number of counter forum.
Also noted others such as JKPTR a.k.a Gtrade, BILLC and others...

THE MOST POSSIBLE SCENARIO IS THEY STILL TRYING TO PRESSURE THE SHARE PRICE DOWN!!!

MZM2511

4,435 posts

Posted by MZM2511 > 2021-12-09 12:51 | Report Abuse

ATTENTION

stockraider a.k.a wistlebower99 and the gang are ready to pickup the shares at lower price. HE HE

Good123

24,748 posts

Posted by Good123 > 2021-12-09 15:33 | Report Abuse

wow 6sen dah disapu bersih

Joe

1,415 posts

Posted by Joe > 2021-12-09 17:08 | Report Abuse

What is going to happen to this RM67MM rights issue funds ?

Good123

24,748 posts

Posted by Good123 > 2021-12-10 08:10 | Report Abuse

Permaju boleh terbangkah? Ada berita lanjutan kot? :)


Permaju to develop high-rise housing project worth RM2.4 ...
16 Jul 2020 — Permaju Industries Bhd will undertake the development of a high-rise housing project in Seri Kembangan/Serdang for a reputable developer.


https://www.theedgemarkets.com › ...
Permaju, Vsolar team up to bid for RM217m large-scale ...
1 Sept 2020 — Permaju Industries Bhd has teamed up with Vsolar Group Bhd for a RM217 million large-scale solar power project

Good123

24,748 posts

Posted by Good123 > 2021-12-10 08:16 | Report Abuse

10-20sen, ramai dah gembira kan ? :)

Average Price Target: 1.02
Price Target Upside/Downside: +0.96

Posted by whistlebower99 > 2021-12-10 08:50 | Report Abuse

FOR NEWBIES

Expect more announcement on MOU, project news or collaboration with other penny stocks to created excitement for newcomers to come into the game.

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

VSOLAR holding Indirect/deemed interest (units) 320,000,000
Indirect/deemed interest (%) 16.649

-----------------------------------
Total valid excess applications 904,015,948 94.14

Meaning about 600 million shares could be held by several operators accounts, (each account below 5% substantial shareholding threshold to avoid disclosure)

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

Beware that the excess shares of 600 million could be release to market gradually to unlock their money used for the excess rights shares application

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

Trade wisely, set realistic target

alex

1,346 posts

Posted by alex > 2021-12-10 12:34 | Report Abuse

otw to fintec and kanger's journey ... same pattern

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