Private Placement 10mil units in mid of october at 0.335, pumped to 40sen (11%), water fish go catch. Pull back to 34sen.
Another Private Placement 10mil on 24th nov at 0.315. pumped to 36sen (14%), water fish go catch.
All the placement cash goes into DNONCE bank account as cash. Then what? Later the conman management will announce DNONCE will use the cash to buy another ABC company at ultra expensive price. Just like AT used all their ESOS cash to buy DNONCE at 80sen, while that time DNONCE only traded at 60sen and now ~35sen.
PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN DTB ("DTB SHARES" OR "SHARES") ("PLACEMENT SHARES"), REPRESENTING NOT MORE THAN 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")
We refer to the announcements dated 28 September 2021, 30 September 2021, 4 October 2021, 12 October 2021, 15 October 2021, 12 November 2021, 22 November 2021, 25 November 2021 and 29 November 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that the Board has on 8 December 2021 (“Price Fixing Date”) fixed the issue price for 22,625,400 Placement Shares, being the fourth and final tranche of the Placement Shares, at RM0.2570 each (“Issue Price”).
The Issue Price represents a discount of approximately RM0.0276 or 9.70% to the 5-day volume weighted average market price of DTB Shares up to and including 7 December 2021, being the last trading date immediately preceding the Price Fixing Date, of RM0.2846 per DTB Share.
This announcement is dated 8 December 2021.
=================== Directors easily raise fund by issuing new shares NOSH will increase by share issuance Dilution of shareholding equity & Reduction in EPS
================== Monitor how company fund are utliise to benefit shareholders
TAKE NOTE OF SHARE ISSUANCE TO PP TO RAISE FUND BY DIRECTORS
Types of corporate proposal Private Placement
Details of corporate proposal PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN DTB ("DTB SHARES" OR "SHARES") ("PLACEMENT SHARES"), REPRESENTING NOT MORE THAN 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal 22,625,400 Issue price per share ($$) Malaysian Ringgit (MYR) 0.2570 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 375,752,700 Issued Share Capital ($$) Malaysian Ringgit (MYR) 111,360,644.050 Listing Date 14 Dec 2021
======================== NOSH set to increase with more fund raising via share issuance by directors Dilution of shareholders equity % Reduction of EPS
22mil new shares dropped to market at 0.257 per share, selling at 0.30 (16%+) gain. They can just keep printing the free share at lower price and sell to the ikan bilis.
PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN DTB ("DTB SHARES" OR "SHARES") ("PLACEMENT SHARES"), REPRESENTING NOT MORE THAN 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT")
We refer to the announcements dated 28 September 2021, 30 September 2021, 4 October 2021, 12 October 2021, 15 October 2021, 12 November 2021, 22 November 2021, 25 November 2021, 29 November 2021, 8 December 2021 and 13 December 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that the Private Placement has been completed on 14 December 2021 following the listing of 22,625,400 Placement Shares (being fourth and final tranche of the Placement Shares) on the Main Market of Bursa Securities on 14 December 2021.
The Company wishes to inform that a total of 62,625,400 DTB Shares were issued under the Private Placement and the Company has raised a total gross proceeds of RM18,554,727.80 from the Private Placement.
This announcement is dated 14 December 2021.
============== Directors successfully raise fund via share issuance to PP investors Company has raised a total gross proceeds of RM18,554,727.80 from the Private Placement. Existing shareholders can only see dilution in their shareholdings equity Reduction in EPS Increased in total issued shares
I. PROPOSED ACQUISITION; II. PROPOSED DIVERSIFICATION; III. PROPOSED RIGHTS ISSUE IV. PROPOSED ESOS TERMINATION; AND V. PROPOSED NEW SIS
(i) proposed renounceable rights issue of up to 434,690,877 DTB Shares (“Rights Shares”) on the basis of 1 Rights Share for every 1 existing Share held on an entitlement date to be determined later (“Entitlement Date”), together with up to 434,690,877 free detachable warrants (“Warrants”) on the basis of 1 Warrant for every 1 Rights Share subscribed for at an issue price to be determined and announced by the Board at a later date (“Proposed Rights Issue”);
(ii) proposed termination of the Company’s existing employees’ share option scheme (“ESOS”) (“Existing ESOS Scheme”) (“Proposed ESOS Termination”); and
(iii) proposed establishment of a new share issuance scheme of up to 15% of the total number of issued Shares (excluding treasury shares, if any) at any point in time during the duration of the scheme for eligible employees, executive directors and non-executive directors of the Company and its non-dormant subsidiaries (“Proposed New SIS” or “Scheme”).
Please refer to the attachment for further details of the Proposals.
================= Directors doing fund raising via shares issuance Directors unable to generate more profits to pay dividend to investors Instead investors need to fork out more money for directors to increase company fund via rights issue
============== TAYOR
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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....
Posted by Raiz368 > 2021-10-21 22:15 | Report Abuse
Profit taking by short term investor....next support 35 cent