Notice of Interest Sub. S-hldr (Section 137 of CA 2016) PERMAJU INDUSTRIES BERHAD
Particulars of Substantial Securities Holder Name VSOLAR GROUP BERHAD Name of registered holder CubeTech Asia Sdn. Bhd.
Date interest acquired 30 Nov 2021 No of securities 320,000,000 Circumstances by reason of which Securities Holder has interest Subscription of Rights Shares via CubeTech Asia Sdn. Bhd., a wholly-owned Subsidiary.
Indirect/deemed interest (units) 320,000,000 Indirect/deemed interest (%) 16.649 Date of notice 06 Dec 2021
============================ PENNY STOCK INVEST IN PENNY STOCK
For past 20 years, mostly incurred annual losses Total issued shares (NOSH) = 1,925,989,529 PA = 869,358,466 WA = 103,712,699
================= Directors do 1. fund raising via shares issuance for conversion of warrants & PA 2. fund raising via shares issuance to ESOS, PP 3. fund raising via shares issuance to RI (rights issue)
Company fund used to 1. invest in other penny stocks (realised and unrealised losses) 2. acquire assets (30% of Hardie Development from former substantial shareholder
================= Shareholders especially retailers equity % diluted due to massive shares issuance EPS diluted due to increase of NOSH
================= Continue to monitor :- 1. quarterly reports 2. directors plan for fund raising via shares issuance 3. directors plan to utilise the company cash from fund raising share issuance, especially investment in other penny stocks
============= Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
================= Last week 18/3 closing = 0.05 This week 25/3 high = 0.075 50% rise
If no shares consolidation then ok. Before 2030 if directors implement shares consolidation then PA will also be consolidated and conversion price adjusted upward.
VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY") (I) PROPOSED DIVERSIFICATION; (II) PROPOSED SHARE CONSOLIDATION; AND (III) PROPOSED RIGHTS ISSUE WITH WARRANTS This announcement is dated 8 April 2022.
================= Another loss making high NOSH penny stock going shares consolidation and fund raising rights issue exercise.
Some stocks that had consolidated are pasukgb, pdz, lambo, trive, kanger, sanichi, pworth, etc
Those in the process are Ages, Mtronic, Digistar and Vsolar
=================== Be careful trading loss making penny stocks that has huge NOSH (BILLION SHARES)
Best and safest to avoid penny stocks with multi-billion issued 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
=============== TAYOR, set realistic target to take profit
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....
koyokui
1,796 posts
Posted by koyokui > 2022-02-18 12:29 | Report Abuse
Permaju got plantation in sabah or not.