TA WIN HOLDINGS BHD

KLSE (MYR): TAWIN (7097)

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Last Price

0.03

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.035

Trading Volume

1,441,300


3 people like this.

5,708 comment(s). Last comment by whistlebower99 3 days ago

Posted by whistlebower99 > 2023-03-24 14:59 | Report Abuse

TA WIN HOLDINGS BERHAD ("TA WIN" OR "COMPANY")
- PROPOSED ACQUISITION OF 705,892 ORDINARY SHARES IN CYPRIUM WIRE TECHNOLOGY SDN BHD ("CWT"), REPRESENTING 15% OF THE TOTAL ISSUED SHARE CAPITAL OF CWT, FROM ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR "VENDOR") FOR A CASH CONSIDERATION OF RM12,000,000.00 ("PROPOSED ACQUISITION")

The Board of Directors of Ta Win wishes to announce that Cyprium Capital Sdn. Bhd., a wholly-owned subsidiary of the Company had on 23 March 2023 entered into a Sale Share Agreement with Asia Poly to acquire a total of 705,892 ordinary shares in CWT, representing 15% equity interest in CWT for a purchase consideration of RM12,000,000.00.

The Proposed Acquisition is deemed as a related-party transaction pursuant to Paragraph 10.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

Please refer to the attachment for further details of the Proposed Acquisition

This announcement is dated 23 March 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3338750

================
Directors continue to spend money from company fund
Time to show some positive results from business operations

===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance

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




8dragon

2,027 posts

Posted by 8dragon > 2023-03-28 11:57 | Report Abuse

Moving down stairs... next is 0.03 cents.

Posted by BrightChoice > 2023-03-29 08:01 | Report Abuse

time to pamp it up

MisterPig

18 posts

Posted by MisterPig > 2023-03-29 18:15 | Report Abuse

Coming d, up up up

Posted by OrlandoOilSemiconIoT > 2023-03-30 08:06 | Report Abuse

15%

To help Asiapoly to avoid future losses or to help Ta Win to maximize future profits ??


Bursa think premium paid hard to justify ??

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-30 08:12 |

Post removed.Why?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-03-30 08:13 | Report Abuse

Will making a few million bucks help with a PLC of over 900+ millions in NOSH?

Posted by OrlandoOilSemiconIoT > 2023-03-30 08:14 | Report Abuse

GONE case

GONE cases

Winner38

472 posts

Posted by Winner38 > 2023-04-10 23:04 | Report Abuse

No worry be happy..

8dragon

2,027 posts

Posted by 8dragon > 2023-04-12 09:08 | Report Abuse

CL losing 50%.....

Posted by BrightChoice > 2023-04-14 11:01 | Report Abuse

naise, once you CL, it will fly XD

Posted by whistlebower99 > 2023-04-18 14:45 | Report Abuse

FOR NEWBIES

List of some penny stocks with NOSH exceeding 2 BILLION shares as at April 2023 :-

AEM, AT, BCMALL, BORNOIL, BPURI, COMPUGT, FINTEC, FOCUS, EAH, G3, GOCEAN, JOE, KGROUP, MMAG, PHB, TAWIN, TWL, VIZIONE, VSOLAR, XOX, TALAMT, TECHNAX, XDL, ZENTECH.....

EDUSPEC = 3,046,287,361 (in progress of share consolidation and rights issue)

VSOLAR = 4,834,933,699 (in progress of share consolidation and rights issue)

ZENTECH = 2,425,297,326 (completed share consolidation and still above 2 BILLION shares)

================
Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue and thereafter continue with massive shares issuance to PP & ESOS in near future.

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

8dragon

2,027 posts

Posted by 8dragon > 2023-04-20 15:09 | Report Abuse

-ve value, better run b4 too late...

8dragon

2,027 posts

Posted by 8dragon > 2023-05-02 16:23 | Report Abuse

Down to 0.005 very soon.....

Posted by whistlebower99 > 2023-05-08 12:13 | Report Abuse

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD
TA WIN HOLDINGS BERHAD

Subject Intention to Deal During Closed Period

No Salutation Name Designation Description Of "Others" Designation

1 DATO SRI NGU TIENG UNG, JP Executive Director
Nature of Interest Direct Interest
Description of Securities Ordinary Shares
No of Securities Held 19,250,000
% of Securities Held 0.561

2 DATO SRI NGU TIENG UNG, JP Executive Director
Nature of Interest Indirect Interest
Description of Securities Ordinary Shares
No of Securities Held 465,799,008
% of Securities Held 13.579

3 DATO SRI NGU TIENG UNG, JP Executive Director
Nature of Interest Indirect Interest
Description of Securities Warrant B
No of Securities Held 182,719,602
% of Securities Held 13.382

================
Monitor trading transactions of director. Buy or sell ?

Michael R.

4,762 posts

Posted by Michael R. > 2023-05-09 18:02 | Report Abuse

Typical... auditor run away... anoher U Hacker become auditor.. huhu..

Posted by whistlebower99 > 2023-05-10 11:17 | Report Abuse


Change of External Auditors

Pursuant to Paragraph 9.19(15) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors ("Board") of Ta Win Holdings Berhad ("TAWIN" or "the Company") wishes to announce that the Company had received a notice in writing dated 5 May 2023 from Messrs. Ecovis Malaysia PLT (“Messrs. Ecovis”) of their resignation as the Auditors of the Company pursuant to Section 281 of the Companies Act, 2016.

Messrs. Ecovis was re-appointed as the Auditors of the Company at the 28th Annual General Meeting ("AGM") of the Company held on 29 November 2022 to hold office until the conclusion of the next AGM of the Company. The resignation of Ecovis is on a voluntary basis. The Board is not aware of any matters that need to be brought to the attention of the shareholders of the Company.

With Audit Committee's recommendation, the Board has approved to appoint Messrs. UHY after assessing their independence, capabilities, audit team and proposed audit fees for financial year ending 30 June 2023 in place of Messrs. Ecovis subject to the Company receiving the written consent to act as Auditors of the Company from Messrs. UHY pursuant to Section 264(5) of the Companies Act, 2016.

Further announcement will be made by the Company once the written consent to act has been received.

This announcement is dated 9 May 2023.

Posted by HIGHCHAPERAL > 2023-05-11 21:04 | Report Abuse

I was very sure that ECOVIS will resign. They avoided all my questions during the online AGM last year. I have reported ECOVIS to AOB. Some PLC owners grow their companies and the stock price, some will kill the stock price and manipulate the cost of sales. It is a pity that the 2 major directors of Tawin got no qualms in reporting highly questionable losses quarter after quarter.

Posted by whistlebower99 > 2023-05-12 15:58 | Report Abuse

FOR NEWBIES

VSOLAR is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 9 May 2023

===================
Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - VSOLAR, DOLPHIN, TECHNAX

2023 completed = MERIDIAN, PASUKGB, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

====================
TAYOR, don't be caught in share consolidation exercise

prm1

146 posts

Posted by prm1 > 2023-05-18 12:33 | Report Abuse

Revenue so high, but not making profit. Why?

8dragon

2,027 posts

Posted by 8dragon > 2023-05-18 16:38 | Report Abuse

Get rid of this counter from your portfolio...The share price is diving...

Posted by whistlebower99 > 2023-05-18 21:14 | Report Abuse

FOR NEWBIES

MMAG is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 18 May 2023

===================
Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - MMAG, VSOLAR, DOLPHIN, TECHNAX

2023 completed = MERIDIAN, PASUKGB, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

====================
TAYOR, don't be caught in share consolidation exercise

Posted by whistlebower99 > 2023-05-22 12:12 | Report Abuse

FOR NEWBIES

NOSH = 3,435,265,038

WB = 1,365,365,814
Maturity 2024-08-19
Strike value 0.1350

Current WB price = 0.005 seller quote

WB as good as gone to garbage dump unless directors are capable to bring in massive profits to push up the share price to above 0.135 by June 2024


Posted by whistlebower99 > 2023-05-22 12:19 | Report Abuse

FOR NEWBIES

FURTHER ANNOUCEMENT ON THE PROPOSED ACQUISITION OF 705,892 ORDINARY SHARES IN CYPRIUM WIRE TECHNOLOGY SDN BHD ("CWT"), REPRESENTING 15% OF THE TOTAL ISSUED SHARE CAPITAL OF CWT, FROM ASIA POLY HOLDINGS BERHAD ("ASIA POLY" OR "VENDOR") FOR A CASH CONSIDERATION OF RM12,000,000.00 ("PROPOSED ACQUISITION")

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3339390

Another RM12 million of company fund to be spent
Directors continue to spend money
Shareholders continue to wait for directors to bring in profits from business operations

RELATED PARTY TRANSACTIONS - Tawin and Asia Poly has common director DATO’ YEO BOON LEONG

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

Winner38

472 posts

Posted by Winner38 > 2023-05-22 20:09 | Report Abuse

What happened....

Posted by whistlebower99 > 2023-05-23 11:48 | Report Abuse

Company fund will be reduced by RM12 million
Company fund can be easily replenished by directors via shares issuance to PP or ESOS
Directors will be happy to issue shares to raise more fund
Easier than generating profits from business operations

Winner38

472 posts

Posted by Winner38 > 2023-05-23 12:00 | Report Abuse

That means it gona drop more... Omg!!

8dragon

2,027 posts

Posted by 8dragon > 2023-05-23 12:36 | Report Abuse

Be careful, shares consolidation and right issues on the way, share price finds it's way to 0.03 cent.....

Winner38

472 posts

Posted by Winner38 > 2023-05-26 10:42 | Report Abuse

Directors laughing all the way to banks..

Posted by whistlebower99 > 2023-05-26 16:36 | Report Abuse

Another QR announcement coming very soon

DickyMe

14,356 posts

Posted by DickyMe > 2023-05-27 19:57 | Report Abuse

Limbo rock! How low can you go!

8dragon

2,027 posts

Posted by 8dragon > 2023-05-29 09:17 | Report Abuse

Be careful, this counter is likely to be classified under PN17 soon....

freddiehero

16,715 posts

Posted by freddiehero > 2023-05-29 09:22 | Report Abuse

ade con ka itu macam

Winner38

472 posts

Posted by Winner38 > 2023-05-30 16:28 | Report Abuse

Beh tahan dropped and dropped...
Only left now is G string left...

Winner38

472 posts

Posted by Winner38 > 2023-05-30 17:34 | Report Abuse

Today abit green 0040..
Can tomorrow 0045??

Posted by OrlandoOilSemiconIoT > 2023-05-30 18:24 | Report Abuse

Deadly

Tell a fantastic macro story MEGA TREND

At micro level keeps burning cash with little progress to show

Posted by OrlandoOilSemiconIoT > 2023-05-30 18:25 | Report Abuse

Lost for words Cannot explain the loss again

Posted by OrlandoOilSemiconIoT > 2023-05-30 18:26 | Report Abuse

Why existing operations which the management is familiar with keep making losses??

Posted by OrlandoOilSemiconIoT > 2023-05-30 18:28 | Report Abuse

With this kind of track record doubtful can make profits when new factories are ready

Posted by OrlandoOilSemiconIoT > 2023-05-30 18:29 | Report Abuse

A couple of pp ri would be forthcoming soon

Posted by OrlandoOilSemiconIoT > 2023-05-30 18:55 | Report Abuse

Red flag

Auditors showing white flag

Winner38

472 posts

Posted by Winner38 > 2023-05-31 21:53 | Report Abuse

The 2 factory functioning already?
How.come still not making profits???

DickyMe

14,356 posts

Posted by DickyMe > 2023-06-01 12:41 | Report Abuse

Internal power struggle?
Whose dick longer and bigger?

8dragon

2,027 posts

Posted by 8dragon > 2023-06-05 18:43 | Report Abuse

Winner38, the directors are making their 2 pockets functioning snd profitable only.....

Winner38

472 posts

Posted by Winner38 > 2023-06-05 22:11 | Report Abuse

IF.only they care for.Investors..

i3lurker

13,606 posts

Posted by i3lurker > 2023-06-05 22:21 | Report Abuse

I had not analyzed financials in detail yet
prima facie from financial summary alone => Losses does look like normal fluctuations.

=> Somebody with a lot of shares just took advantage of those losses to short it. Everybody just panicked, and the rest is history.
=> This is a normal shark attack mode.

Thats just my personal opinion from "financial summary" without any evidence to support it.

Winner38

472 posts

Posted by Winner38 > 2023-06-06 12:05 | Report Abuse

Everyone just panicked.. Sounds like more of dumping.. Or lost of Trust..

Winner38

472 posts

Posted by Winner38 > 2023-06-07 07:08 | Report Abuse

When warrants gona move...

Winner38

472 posts

Posted by Winner38 > 2023-06-09 10:46 | Report Abuse

Still slow.. No buyers.. Lots of sellers..

Posted by HIGHCHAPERAL > 2023-06-14 08:55 | Report Abuse

Dear Tawin Shareholders, Can we all get all our resources together, contact all our fellow shareholders and call for EGM to remove Dato Yeo and Dato Ngu. They have been proven to be useless in all three companies ie. Tawin, Asiapoly and Dolphin. Once we remove them, the company will immediate start to announce profits. You get my drift?

Thank you.

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