This is THE COMPANY SECRETARY address: Level 5, Block B, Dataran PHB, Saujana Resort, Section U2 40150 Shah Alam, Selangor Just go there and pay a visit, then you'll know haha..
A company with such good earnings, yet cannot even find a proper office/location/operation address. No real address published in its company website, previous old websites, financial info sites, bursa announcements, etc. Really so hard to find a medium size company address? At least SERBADK has a proper address...
================ CONSOLIDATION OF EVERY 15 EXISTING ORDINARY SHARES IN AGESON BERHAD HELD AS AT 5:00 P.M. ON 12 APRIL 2022 ("ENTITLEMENT DATE") INTO 1 SHARE. Shares consolidation completed on 13 April 2020 ================= RENOUNCEABLE RIGHTS ISSUE OF UP TO 716,335,858 NEW ORDINARY SHARES IN AGESON BERHAD ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 6 MAY 2022 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE
================ Acceptance and Payment 24 May 2022 05:00 PM Excess share application and payment 24 May 2022 05:00 PM Closing price = 0.205
Total valid acceptances 144,037,582 69.32 Total valid excess applications 67,459,151 32.47 30% retail investors didn't take up the rights issue Excess shares most likely taken up by directors, friendly agents (other penny stocks), operators or cindy kate
Changes in Director's Interest (Section 219 of CA 2016) AGESON BERHAD
Particulars of Director Name DATO' SRI CHIN KOK FOONG 1 02/06/2022 36,680,666 Others Direct Interest Description of "Others" Type of Transaction Rights Issue Consideration (if any) RM0.20
2 02/06/2022 4,252,040 Others Direct Interest Description of "Others" Type of Transaction Rights Issue Consideration (if any) RM0.20
Total no of securities after change Direct (units) 47,232,392 Direct (%) 15.155 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0.000 Date of notice 07/06/2022
================= Director have money to subscribe for excess rights shares to ensure success of fund raising
================ Initial shareholding before subscription = 6,299,686 shares 2:1 rights shares = 12,599,372 shares @0.20 (RM2,519,874) Excess rights shares = 28,233,334 shares @0.20 (RM5,646,666)
================ Interesting to see when the excess shares will be released to market.
=============== TAYOR, don't be caught at high price
Buy,Buy,Buy...Die,die,die...lelong,lelong...cheap sale.......stok masih byk,,kerana tak laku.....help CEO,Director....they want to pay bank loan........They want to enjoy.....
When Penny stock annouce give right issue better take care,,,,those all need more money to pay bank loan ...not for company like Public Bank.......itu semua ialah : Dracula,Phiranna,Wolf,Tiger,Crocodile...drink your blood n eat your meat.....
Caged monkeys can only rely on visitors gv them banana, world for them is so small they thought that is their entire world, not knowing there's bigger world out there
yes price drop monkey come...but somone like to fight with market...they think he is hero....hahaha...take time to see those hero how much to loose....tomorrow 0.15,,0.13...0.10....let see ....
"As the country's economy recovers in the post-Covid era, we are confident that the Ageson will benefit from the positive business sentiment and the various stimulus packages introduced by the government," he said.
Chin also said that reopening the economy in the post-Covid era will allow the company to reduce its dependency on the construction division as the property development sector gains momentum.
"We will focus on the construction and property development sectors as business sentiment recovers.
"This is evident from the award of the development rights to carry out a mixed development project in Perak last year.
All Glove counters is one very expensive Lesson....many ikan billis unbelieve ! they believe give bonus n dividend is good counters.....n now...hahaha...all on the way penny stock....Top Glove,Supermax,Kossan,Comfort,Carepls,Ruberex....Harta will follow...
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director Name DATO' SRI LIEW KOK LEONG
1 02/06/2022 24,386,666 Others Direct Interest Description of "Others" Type of Transaction Rights Issue Consideration (if any) RM0.20
2 02/06/2022 18,280,040 Others Indirect Interest Name of registered holder Amsec Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account - for Ukay One Sdn. Bhd. Description of "Others" Type of Transaction Rights Issue Consideration (if any) RM0.20
Total no of securities after change Direct (units) 29,079,999 Direct (%) 9.331 Indirect/deemed interest (units) 19,420,060 Indirect/deemed interest (%) 6.231 Date of notice 07/06/2022
================= Director have money to subscribe for excess rights shares to ensure success of fund raising
================ Interesting to see when the excess shares will be released to market.
=============== TAYOR, don't be caught at high price
Those planning to average down should be happy didn't buy from RI. Today has proven again penny stocks will drop to near RI price or lower after consolidation + RI. For them to do another consolidation + RI while price keeps going lower, think it will be a first in Bursa... Price should be moving upwards unless many strong holders still having shares...
Description AGESON BERHAD ("AGESON" OR THE "COMPANY") ADJUSTMENT TO THE CONVERSION PRICE OF IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES IN AGESON ("ICPS") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 716,335,858 NEW ORDINARY SHARES IN AGESON ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 6 MAY 2022 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.20 PER RIGHTS SHARE ("RIGHTS ISSUE")
1st Further Issue Information Listing Date 13 Apr 2022 Issue Date 12 Apr 2022 Issue/ Ask Price Malaysian Ringgit (MYR) 0.1500 Enlarge Issue Size in Unit 254,281,099
2nd Further Issue Information Listing Date 08 Jun 2022 Issue Date 08 Jun 2022 Issue/ Ask Price Not Applicable Enlarge Issue Size in Unit 254,281,099
Initial Listing Information Listing Date 19 Mar 2020 Issue Date 11 Mar 2020 Issue/ Ask Price Malaysian Ringgit (MYR) 0.0100 Issue Size in Unit 4,610,754,392 Maturity Date 10 Mar 2030 Exercise/Conversion Period 10.00 Year(s) Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) 0.1300 Revised Exercise/Strike/Conversion Price Not Applicable Exercise/Conversion Ratio 13:1 Revised Exercise/Conversion Ratio Not Applicable Mode of satisfaction of Exercise/ Conversion price Tendering of securities Settlement Type/ Convertible into Physical (Shares)
Remarks : Pursuant to the adjustment to the conversion price of the ICPS arising from the Rights Issue ("Adjustment"), (i) the conversion price of ICPS of RM1.95 each will be revised to RM1.03 each; and (ii) the cash payment for conversion of ICPS (based on the conversion mode of surrendering 1 ICPS with additional cash payment for 1 new Share) of RM1.80 each will be revised to RM0.95 each. The notice setting out the details of the Adjustment to the holders of ICPS was despatched to entitled ICPS holders on 2 June 2022. This announcement is dated 8 June 2022.
============== Issue/ Ask Price Not Applicable Exercise/Conversion Ratio 13:1
Meaning at current price of 0.03, the cost of 13 AGES-PA to convert to share = 13 x 0.03 = 0.39
Please advise if my interpretation is not correct.
Construction will recover...cakap saja lah...look at all property n construction share now...many is below rm 1.00....ini panggil Good ? UEM,MRCB,CHHB,MASHING,FAJAR...n more,....
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....
sting79
754 posts
Posted by sting79 > 2022-06-07 20:43 | Report Abuse
2021 change of address: https://malaysiastock.biz/Company-Announcement.aspx?id=1291321
2019 change of address: https://malaysiastock.biz/Company-Announcement.aspx?id=1176365
Cannot even find a proper address even with above announcements... the rest is up to you guys imagination...