Posted by nahcee > 2021-03-17 09:48 | Report Abuse

nice move...more to go

Posted by eye2eye > 2021-03-17 09:58 | Report Abuse

nice to see in green. what is the news... ?

Posted by eye2eye > 2021-03-17 10:31 | Report Abuse

goreng... goreng as long as green

Posted by Tva17 > 2021-03-17 10:31 | Report Abuse

On behalf of the Board of WZ Satu, HLIB wishes to announce that the Board has today fixed the following:



(i) the issue price and conversion price of the ICPS at RM0.11 per ICPS;

(ii) the exercise price of the Warrants B at RM0.16 per Warrant B; and

(iii) the entitlement basis for the Rights Issue of ICPS with Warrants at 1 ICPS for every 1 existing Share held on the entitlement date together with 1 Warrant B for every 8 ICPS subscribed for.



The issue price and conversion price of the ICPS was determined and fixed by the Board after taking into consideration, amongst others, the following:



(i) the theoretical ex-right price (“TERP”) of RM0.16 per WZ Satu Share, calculated based on the 5-day VWAMP of WZ Satu Shares of RM0.2125 commencing from 9 March 2021 up to and including 15 March 2021, being the last market day immediately preceding the price-fixing date;

(ii) a discount of 31.25% to the TERP of WZ Satu Shares which is calculated based on the 5-day VWAMP of WZ Satu Shares of RM0.2125 commencing from 9 March 2021 up to and including 15 March 2021, being the last market day immediately preceding the price-fixing date;

(iii) the prevailing market conditions, which includes, amongst others, the market sentiment and volatility of the Malaysian stock market, and the historical market prices of WZ Satu Shares since the first announcement of the Rights Issue of ICPS with Warrants from 18 November 2019 up to today; and

(iv) the overall funding requirements of the Group.



The exercise price of the Warrants B was determined by the Board on the price-fixing date after taking into consideration, amongst others, the following:



(i) the Warrants B will be issued at no cost to the Entitled Shareholders and/or their renouncee(s) who successfully subscribed for the ICPS;

(ii) the TERP of WZ Satu Shares of RM0.16, calculated based on the 5-day VWAMP of WZ Satu Shares of RM0.2125 commencing from 9 March 2021 up to and including 15 March 2021, being the last market day immediately preceding the price-fixing date;

(iii) the prevailing market conditions and the historical trading price of WZ Satu Shares; and

(iv) the overall funding requirements of the Group.



This announcement is dated 16 March 2021.

Posted by Marklim123 > 2021-03-17 11:54 | Report Abuse

Good? don't understand

Posted by Tva17 > 2021-03-17 12:59 | Report Abuse

me too, need someone to explain, is there anyone?

Posted by eye2eye > 2021-03-17 17:57 | Report Abuse

where is the sifu calvintaneng now ... ? You've been missing for long time now sifu !

Posted by eye2eye > 2021-03-17 18:04 | Report Abuse

looks like the contra players has been flushed out today. I see 0.22 is very good support. Next 0.275 before touching 0.305.

Posted by DreamEmperor > 2021-03-17 18:05 |

Post removed.Why?

Posted by DreamEmperor > 2021-03-17 18:05 |

Post removed.Why?

Posted by DreamEmperor > 2021-03-17 18:05 |

Post removed.Why?

Posted by DreamEmperor > 2021-03-17 18:06 |

Post removed.Why?

Posted by DreamEmperor > 2021-03-17 18:06 |

Post removed.Why?

Posted by DreamEmperor > 2021-03-17 18:06 |

Post removed.Why?

Posted by nahcee > 2021-03-17 21:46 | Report Abuse

dont forget son, potential 100% gain.

Posted by eye2eye > 2021-03-18 18:32 | Report Abuse

if tomorrow can stay above 0.25, nextweek 0.305

Posted by Marklim123 > 2021-03-26 19:16 | Report Abuse

When is the right issue ex date?

Posted by Marklim123 > 2021-03-29 17:52 | Report Abuse

Share price will adjust after ex date?

Posted by maxstore769 > 2021-03-30 07:34 | Report Abuse

flyyyyy

Posted by eye2eye > 2021-03-30 09:18 | Report Abuse

Dispatch Date: 14/04/2021
Trading of Rights Start On: 13/04/2021
Trading of Rights End On: 20/04/2021
Stock Par Value:

Last Day and Time for:
- Sale of Provisional Allotment of Right: 19/04/2021 05:00 PM
- Transfer of Provisional Allotment of Right: 21/04/2021 04:30 PM
- Acceptance and Payment: 27/04/2021 05:00 PM
- Excess Share Application and Payment: 27/05/2021 05:00 PM

Posted by eye2eye > 2021-03-30 09:20 | Report Abuse

Renounceable rights issue of up to 643,106,105 Irredeemable Convertible Preference Share in WZ Satu Berhad ("WZ Satu") ("Rights ICPS") at an issue price of RM0.11 per Rights ICPS on the basis of 1 Rights ICPS for every 1 existing ordinary share in WZ Satu ("Shares") held by the entitled shareholders as at 5.00 p.m. on 12 April 2021 together with up to 80,388,263 free detachable warrants ("Warrants B") on the basis of 1 Warrant B for every 8 Rights ICPS subscribed ("Rights Issue of ICPS with Warrants")

Posted by Tva17 > 2021-03-30 09:23 | Report Abuse

good or bad?

Posted by Tva17 > 2021-03-30 09:27 | Report Abuse

I'm holding some shares since 2018, what should I do now? anyone can advice?

Posted by IWResources > 2021-03-30 10:01 | Report Abuse

Buy more lah right issue. If not how to pump up

Posted by Wafa_90 > 2021-03-30 17:56 | Report Abuse

I don't understand about ICPS issue. Can anyone explain to me please? If you hold warrant, will you get pa share?

Posted by eye2eye > 2021-03-31 10:10 | Report Abuse

What is the purpose raising additional 70mil by offering the above... ?

Posted by SpartanXoXo > 2021-03-31 10:12 | Report Abuse

an eye for an eye makes the world blind

Posted by eye2eye > 2021-04-01 09:49 | Report Abuse

Hope the following info gives better understanding. Otherwise, pls contact your broker.

WZSATU - Notice of Rights Entitlement (Ratio)ILC-30032021-00001Renounceable rights issue of up to 643,106,105 Irredeemable ConvertiblePreference Share in WZ Satu Berhad ("WZ Satu") ("Rights ICPS") at an issueprice of RM0.11 per Rights ICPS on the basis of 1 Rights ICPS for every 1existing ordinary share in WZ Satu ("Shares") held by the entitled shareholdersas at 5.00 p.m. on 12 April 2021 together with up to 80,388,263 free detachablewarrants ("Warrants B") on the basis of 1 Warrant B for every 8 Rights ICPSsubscribed ("Rights Issue of ICPS with Warrants") Kindly be advised of thefollowing : 1) The above Company?s securities will be traded and quoted ?Ex-Right Issue? as from: 9 Apr 2021 2) The last date of lodgment : 12 Apr 20213) Retention Money: Where securities are not delivered in time forregistration by the seller, then the brokers concerned:- a) SellingBroker to deduct <1/2>, of Selling Price against the Selling Client b)Buying Broker to deduct <10%>, of Purchase Price against the Buying Clientc) Between Broker and Broker, the deduction of <1/2>, of the TransactedPrice is applicable. Remarks:- The Abridged Prospectus together with theNotice of Provisional Allotment and the Rights Subscription Form for the RightsIssue of ICPS with Warrants (collectively referred to as the "Documents") willonly be despatched to the shareholders of WZ Satu whose names appear in WZSatu's Record of Depositors at 5.00 p.m. on 12 April 2021 ("EntitledShareholders") who have registered addresses in Malaysia. Entitled Shareholderswho do not have a registered address in Malaysia and wish to provide theirMalaysian address, should inform their respective stockbrokers or SecuritiesServices (Holdings) Sdn Bhd to effect the change of address by the EntitlementDate or may collect the Documents from the Share Registrar, Securities Services(Holdings) Sdn Bhd at Level 7, Menara Milenium, Jalan Damanlela, Pusat BandarDamansara, Damansara Heights, 50490 Kuala Lumpur, in which event the ShareRegistrar shall be entitled to request for such evidence as it deems necessaryto satisfy itself as to the identity and authority of the person collecting theaforesaid Documents. Holders of the outstanding Warrants 2014/2024 in WZ Satuwho wish to be entitled to the Rights Issue of ICPS with Warrants must exercisetheir rights to subscribe for new WZ Satu Shares by lodging their dulycompleted exercise forms together with relevant subscription monies with WZSatu's Share Registrar (at the address stated above) on or before 5.00 p.m. on12 April 2021 such that their names will appear in the Record of Depositors forWZ Satu Shares at 5.00 p.m. on 12 April 2021. The Documents are not intendedto be (and will not be) issued, circulated or distributed, and the Rights Issueof ICPS with Warrants is not intended to be (and will not be) made or offeredor deemed to be made or offered for purchase or subscription, in any country orjurisdiction other than Malaysia or to persons who are or may be subject to thelaws of any country or jurisdiction other than the laws of Malaysia and noaction has been or will be taken to ensure that the Rights Issue of ICPS withWarrants or the Documents comply with the laws related to public offerings ofany country or jurisdiction where action for such purposes is required, otherthan the laws of Malaysia. Acceptance of and payment for the provisionalRights ICPS and excess applications must be made by way of the e-RSF enclosedtogether with this Abridged Prospectus and must be completed in accordance withthe notes and instructions in the e-RSF. The Documents will be despatched tothe Entitled Shareholders on 14 April 2021.

Posted by maxstore769 > 2021-04-01 10:44 | Report Abuse

right issu pulak

Posted by eye2eye > 2021-04-05 15:33 | Report Abuse

monday blues .... Zzzz

Posted by michaelwong > 2021-04-06 00:05 | Report Abuse

B4 ex-date pun sudah jadi penny stock bawah 0.50 sen . After ex-date bolih jadi penny stock bawah 0.10 sen .....adoi !!! Got profits better lari kuat kuat rather than keeping inside the refrigerator to frozen for donkey yrs . I have no choice buying high price many many donkey yrs ago . Sell pun mati. Tak jual pun mati jugak pasal penny stock kalau bawah 0.10 Sen kena tunggu durian jatuh bila pun tak tau loh !!! The ratio 1 : 1 plus detachable free warrants on the basis of 1 warrant-B for 8 icps rights subscribe . Macam ini sudah tentu penny stock bawah sekupang .....haiz

Posted by Undi_PH > 2021-04-06 10:25 | Report Abuse

All must die under PN? Why not vote new govn can tell Agong?

Posted by Undi_PH > 2021-04-06 10:26 | Report Abuse

Vietnam just concluded GE why not M'sia?

Posted by eye2eye > 2021-04-06 15:17 | Report Abuse

@ michaelwong ... baru betol
WZ1 must prove investing here is worthy... harga naik every alternate days... okay la... baru orang beli

Posted by maxstore769 > 2021-04-07 07:23 | Report Abuse

baru plan mau naik sudah buat right issue... aiyak

Posted by Tva17 > 2021-04-07 10:05 | Report Abuse

@ agreed with michaelwong, I also bought high price last time, if sell max rugi, keep also max rugi... painful

Posted by eye2eye > 2021-04-07 15:55 | Report Abuse

Fly to 0.25 before RI

Posted by Change_ > 2021-04-08 09:17 | Report Abuse

Sharks(syndicate) is monopoly business who said so? Only PN govn?

Posted by michaelwong > 2021-04-08 22:49 | Report Abuse

Ex-on 2morrow and price will be sub - divided and pare down. Those bought by 2morrow not entitled for icps rights and free detachable warrants.

Posted by eye2eye > 2021-04-09 09:19 | Report Abuse

Today's lowest was 0.17 !!!
kena bungkus

Posted by eye2eye > 2021-04-09 17:13 | Report Abuse

cut loss with heavy heart after holding it for long ... :(

Posted by eye2eye > 2021-04-09 17:14 | Report Abuse

have a good april

Posted by Peace99 > 2021-04-09 21:17 | Report Abuse

@eye2eye the price "down" is expected.... it's called the ex-price(16sen), so the share price actually up by 9%. You know?

Posted by Low1138 > 2021-04-09 21:27 | Report Abuse

peace 99 do we hv additional warrant A for warrant holders?

Posted by eye2eye > 2021-04-09 23:48 | Report Abuse

@ Peace99 - "down" is least expected on ex date. I was expecting it on Monday though. I worried after the completion of the exercise, the price will further drop. Below my entry price. I learnt too bitter lesson with Fintec :(

Posted by maxstore769 > 2021-04-11 15:58 | Report Abuse

kasi turun dulu lepas tu sideway..... rumours kata ada news.... rupanya news mau turun da.............

Posted by maxstore769 > 2021-04-11 16:04 | Report Abuse

rasanya mau turun lagi ni tutup gap chart 13/5/2020

Posted by eye2eye > 2021-04-12 09:15 | Report Abuse

Heard "many news" before. "Hangat hangat Tahi Ayam". The promoter Calvin, the champion has abandoned the ship long time ago. Many got trapped here ever since. Your money... your decision. No one to be blamed. Cheers !

Posted by Rookieinvestor > 2021-04-12 09:51 | Report Abuse

I have 10 lots of the mother share before the ex date . I don’t see the warrant in my account. May I know why

Posted by weiping1007 > 2021-04-12 12:34 | Report Abuse

I have 10 lots of the mother share before the ex date . I don’t see the warrant in my account. May I know why +1