Joe invested a lot in pasukhas also started moving today :)
SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145, 670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD (PASUKGB) BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF JOE JOE HOLDING BERHAD
Type Reply to Query Reply to Bursa Malaysia's Query Letter - Reference ID IQL-22072021-00002 Subject SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145, 670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD (PASUKGB) BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF JOE Description JOE HOLDNG BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) ("JOE" OR "THE COMPANY") - ADDITIONAL INFORMATION ON SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145,670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY Query Letter Contents We refer to JOE’s announcement dated 21 July 2021 in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:
1) The total cost to subscribe for the 249,720,00 rights shares in PASUKGB (including the acquisition cost of the rights to subscribe for the rights shares) and the updated highest percentage ratio.
2) Other than the synergies with regard to the construction of the gloves factories, to provide further justification to subscribe for the rights shares in PASUKGB taking into consideration that the principal business activities of PASUKGB and JOE are not similar.
3) Whether the subscription tantamount to diversification in operations of the Company pursuant to Paragraph 10.13 of the Main Market Listing Requirements, together with the basis thereof.
4) The Company undertook a series of fund raising exercises in 2020 and 2021 (two private placements in 2020 and 2021 respectively and rights issue in 2021) to raise funds for its gloves business. In this regard, to provide detailed justification to subscribe for the rights shares in PASUKGB which is funded from internally generated funds while the Company needs to undertake various fund raising exercises to fund its existing gloves business.
5) Future plans of the Group on PASUKGB given the substantial shareholdings of 21.58% in PASUKGB.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
We refer to JOE’s announcement dated 21 July 2021 (“Announcement”) in relation to the subscription of 249,720,000 Rights Shares together with 145,670,000 Free Warrants in Pasukhas Group Berhad (“PASUKGB”) by GP Autobat Sdn Bhd (“GP Autobat”), a wholly-owned subsidiary of the Company, and query from Bursa Malaysia Securities Berhad (“Bursa Securities”) vide its letter dated 22 July 2021 in relation to the same (“Bursa Queries”).
Please refer to the attachment for further details.
This announcement is dated 26 July 2021.
Please refer attachment below.
Attachments JOE - Additional Information (26.07.2021).pdf 128.8 kB
Announcement Info Company Name JOE HOLDING BERHAD Stock Name JOE Date Announced 26 Jul 2021 Category General Announcement for PLC Reference Number GA1-23072021-00072
Joe Holding to focus on enhancing its value chain - The Starhttps://www.thestar.com.my › business › 2021/08/10 › j... 10 Aug 2021 — KUALA LUMPUR: Joe Holding Bhd (formerly GPA Holdings Bhd), (fil pic) which is diversifying into the glove business, intends to turn around ...
joe dah menghabiskan banyak dananya untuk membeli syer pasukhas... bagaimanakah joe dapat memulihkan harga syer pasukhas? jika pasukhas tak naik, joe pun mati :)
Barangkali lebih banyak syer pasukhas akan disapu oleh joe. Banyak dana tak terpakai dari right issue hahaha
KUALA LUMPUR (Dec 15): Joe Holding Bhd said it has yet to fully utilise the proceeds of two private placements that raised a total of RM66.3 million for investments in the glove business.
As such, the group has decided to extend the time frame to utilise the proceeds by 12 months, Joe Holding said in a bourse filing.
The automotive batteries and components manufacturer had raised RM39.7 million from the first placement that was completed on Dec 15, 2020, and RM24.6 million from the second placement that was completed on Jan 13, 2021.
The intended time frame for the use of the proceeds from both placements was 24 months.
As of Sept 30, 2022, Joe Holding said RM24.6 million of the RM39.7 million raised from the first placement had yet to be utilised.
For the second placement, RM26.32 million of the RM26.6 million raised was unutilised.
Joe Holdings said the revised time frame was in the best interest of the group and would not have a material adverse effect on its financial performance.
“The revised time frame does not require the approval of the Securities Commission Malaysia, or any other regulatory authorities or the shareholders of Joe Holding,” it added.
Joe Holding’s share price rose 0.5 sen or 25% to 2.5 sen on Thursday (Dec 15), giving the group a market capitalisation of RM76.48 million.
SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145, 670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD (PASUKGB) BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF JOE JOE HOLDING BERHAD
Type Reply to Query Reply to Bursa Malaysia's Query Letter - Reference ID IQL-22072021-00002 Subject SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145, 670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD (PASUKGB) BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF JOE Description JOE HOLDNG BERHAD (FORMERLY KNOWN AS GPA HOLDINGS BERHAD) ("JOE" OR "THE COMPANY") - ADDITIONAL INFORMATION ON SUBSCRIPTION OF 249,720,000 RIGHTS SHARES TOGETHER WITH 145,670,000 FREE WARRANTS IN PASUKHAS GROUP BERHAD BY GP AUTOBAT SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY Query Letter Contents We refer to JOE’s announcement dated 21 July 2021 in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:
1) The total cost to subscribe for the 249,720,00 rights shares in PASUKGB (including the acquisition cost of the rights to subscribe for the rights shares) and the updated highest percentage ratio.
2) Other than the synergies with regard to the construction of the gloves factories, to provide further justification to subscribe for the rights shares in PASUKGB taking into consideration that the principal business activities of PASUKGB and JOE are not similar.
3) Whether the subscription tantamount to diversification in operations of the Company pursuant to Paragraph 10.13 of the Main Market Listing Requirements, together with the basis thereof.
4) The Company undertook a series of fund raising exercises in 2020 and 2021 (two private placements in 2020 and 2021 respectively and rights issue in 2021) to raise funds for its gloves business. In this regard, to provide detailed justification to subscribe for the rights shares in PASUKGB which is funded from internally generated funds while the Company needs to undertake various fund raising exercises to fund its existing gloves business.
5) Future plans of the Group on PASUKGB given the substantial shareholdings of 21.58% in PASUKGB.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
We refer to JOE’s announcement dated 21 July 2021 (“Announcement”) in relation to the subscription of 249,720,000 Rights Shares together with 145,670,000 Free Warrants in Pasukhas Group Berhad (“PASUKGB”) by GP Autobat Sdn Bhd (“GP Autobat”), a wholly-owned subsidiary of the Company, and query from Bursa Malaysia Securities Berhad (“Bursa Securities”) vide its letter dated 22 July 2021 in relation to the same (“Bursa Queries”).
Please refer to the attachment for further details.
This announcement is dated 26 July 2021.
Please refer attachment below.
Attachments JOE - Additional Information (26.07.2021).pdf 128.8 kB
Announcement Info Company Name JOE HOLDING BERHAD Stock Name JOE Date Announced 26 Jul 2021 Category General Announcement for PLC Reference Number GA1-23072021-00072
joe sebagai batu loncatan untuk pasukhas je... dana joe pun disalurkan kpd pasukhas melalui pembelian syer pasukhas... belilah syer pasukhas direct macam joe lagi berbaloi... tak payah pakai orang tengah iaitu joe hahaha
Joe tak jadi bina kilang glove. Barangkali, pakai dana lebihan untuk swastakan pasukhas:)
Automotive parts manufacturer EP Manufacturing Bhd (EPMB) had, in October 2022, announced its venture into electric car manufacturing, about a month after the group received the government’s approval to license its first-ever electric two-wheeler.
TWO years ago, Malaysia saw a flurry of companies rushing into glove manufacturing as they tried to get a slice of the pandemic-driven demand.
But the craze quickly died out and this year, an increasing number of listed companies are instead jumping on the electric vehicle (EV) bandwagon.
joe punya wang dah dilaburkan dalam pasukhas... pasukhas tak naik, joe pun tak dapat naik.. joe harus cari pembeli untuk stakenya dalam pasukhas haha
S AT 29 MARCH 2022 Total Issued Share : 1,787,366,524 Ordinary Shares Types of Shares : Ordinary Shares Voting Rights : One (1) vote per Ordinary Share DISTRIBUTION OF SHAREHOLDINGS AS AT 29 MARCH 2022 Size of Shareholdings No. of Shareholders No. of Shares Percentage of Shareholdings (%) Less than 100 362 14,532 0.0008 100 to 1,000 1,011 638,438 0.0357 1,001 to 10,000 3,030 16,981,940 0.9501 10,001 to 100,000 4,399 202,853,920 11.3493 100,001 to less than 5% of issued shares 2,391 1,468,786,594 82.1761 5% and above of issued shares 1 98,091,100 5.4880 Total 11,194 1,787,366,524 100.0000 DIRECTORS’ SHAREHOLDINGS AS PER THE REGISTER OF DIRECTORS’ SHAREHOLDINGS Direct Interest Indirect Interest Names No. of Shares Percenta ge (%) No. of Shares Percenta ge (%) 1. MEJAR DATO’ ISMAIL BIN AHMAD - - - - 2. WAN THEAN HOE 10,000 0.0006 - - 3. MAK SIEW WEI 46,070,000 2.5775 - - 4. TANG BOON KOON - - - - 5. DATO’ NIK ISMAIL BIN DATO’ NIK YUSOFF - - - - 6. YAP CHEE KEONG - - - - 7. TEOH KIM HOOI 3,900,000 0.2182 - - SUBSTANTIAL SHAREHOLDER AS PER THE REGISTER OF SUBSTANTIAL SHAREHOLDERS Direct Interest Indirect Interest Names No. of Shares Percentage (%) No. of Shares Percentage (%) 1. JOE HOLDING BERHAD - - 260,310,000 14.5639 2. GP AUTOBAT SDN. BHD. 260,310,000 14.5639 - -
It looks like JOE is not able to tap into the EV boom, although it has more than 50 years of experience and produced the GP batteries! Missed opportunity??
JOE HOLDINGS formerly known as GPA HOLDINGS Directors more interested in investing and speculating on other loss making penny stocks , like Bioalpha, Pnepcb, Pasukgb
Modus operandi of many loss making penny stocks 1. Directors fail in generating business profit 2. Show Multi year losses, multi quarter losses 3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition 4. Directors utilise most of the fund raised 5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue 6. Repeat step 1 to 5
Why this bugger whistlebower99 and his gangs like 8899EL8899 all the way spam this kind of shares consolidation thing in i3 to threathen small investors to sell all the shares to them and i3 Admin didn't take action to blocked their accounts but to blocked people who post encourage & motivate treats ? Why? This is really unfair !
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Posted by Icon 888 > 2022-11-09 22:04 | Report Abuse
Save ur money