Posted by bullmarket1628 > 2022-10-08 07:43 |

Post removed.Why?

Posted by Kotaro > 2022-11-08 18:44 | Report Abuse

Reference is made to the Company’s earlier announcement dated 28 April 2022 in relation to the Proposed Regularisation Plan (“Requisite Announcement”). Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Requisite Announcement.


On behalf of the Board, Malacca Securities wishes to announce the following:

(i) the Company had on 8 November 2022, entered into a subscription agreement with Zainal ‘Abidin Abd Jalil (“Mr Zainal” or “Subscriber”) for Mr Zainal or his nominee to subscribe for 50,000,000 Barakah Shares (“Subscription Shares”) at a Subscription Price of RM0.02 per Subscription Share (“Subscription Agreement”) (“Proposed Shares Issuance”);

(ii) the Company proposes to terminate its existing employee share option scheme upon the Proposed ESS coming into effect (“Proposed ESOS 2013/2023 Termination”);

(iii) that the Company had on even date also decided to fix the basis and issue price of the Proposed Rights Issue with Warrants to be 2 Rights Shares for every 1 existing Barakah Share held, together with free detachable Warrants on the basis of 1 Warrant for every 2 Rights Shares subscribed for at a rights issue price of RM0.02 each (“Rights Issue Price”), on an Entitlement Date to be determined and announced later; and

(iv) that the Board has also decided to fix the exercise price of the Warrants at RM0.03 each (“Warrant Exercise Price”).

Pursuant thereto, the Company wishes to announce that the Proposed Shares Issuance and Proposed ESOS 2013/2023 Termination shall together with the Proposed Rights Issue with Warrants, Proposed Capital Reduction and Proposed ESS, form the “Proposed Regularisation Plan”.

Further details of the Proposed Regularisation Plan are set out in the attachment below.

This announcement is dated 8 November 2022

Posted by Hew Kiong Peng George > 2023-01-29 07:01 | Report Abuse

Bullish Signal is here

Posted by afata08 > 2023-01-31 11:12 | Report Abuse

Today Up..haha..Anyone know what happened?..their Petronas license suspended being lifted?..

Posted by sirdukes > 2023-01-31 11:35 | Report Abuse

What's happening? How long usually Bursa takes to review regularisation plan?

Posted by Joyvestt > 2023-01-31 13:39 | Report Abuse

will release pn17...fly fly, dun miss..

1st 0.20

Posted by KeatBoy > 2023-02-01 07:51 | Report Abuse

If fail to exit PN17=bungalow forever

Posted by mike767879 > 2023-02-01 17:15 | Report Abuse

Nearest target 0.10

Posted by sirdukes > 2023-02-09 11:27 | Report Abuse

Regularisation plan review is usually 3 months. I wonder if Bursa have come back to Barakah? How do we find out

Posted by arcadicus > 2023-02-10 11:22 | Report Abuse

Everyone hodling their shares ah..?

Posted by CubaTryTest > 2023-02-17 15:33 | Report Abuse

Petronas license renewal in process...

Posted by Kotaro > 2023-02-17 22:33 | Report Abuse

@CubaTryTest.. Not that easy.. lawsuit and proceeding.. suing Petronas.. don't know either they are in good relations or not..

Posted by afata08 > 2023-02-21 09:46 | Report Abuse

Aiya..down lagi..susah mau Kaya ini macham....?!-_-

Posted by zulmuiz > 2023-02-21 18:20 | Report Abuse

Baru serahkan cadangan Proposed Regularisation Plan untuk Bursa luluskan. Jika lulus baru dapat pembebasan PN17. persoalannya bila keputusannya. ??? Sementara ini buy & sell flying blind...

Posted by zulmuiz > 2023-02-22 08:49 | Report Abuse

Dalam menanti proses kkelulusan, pemegang saham majoriti akan terus menekan harga terendah i e 0.05 kerana tahu Regularisation Plan akan diluluskan dan PN17 diumumkam Harga akan melambung naik...strategi yang dapat dibaca. Bagi pelabur runcit yang dapat bertahan strong holding yang akan berjaya meraih keuntungan...

Posted by arcadicus > 2023-02-27 18:57 | Report Abuse

Good QR...

Posted by zulmuiz > 2023-02-27 19:14 | Report Abuse

To exit PN17..QR / yearly financial result is very important..

Posted by zulmuiz > 2023-03-01 20:39 | Report Abuse

Ramalan untuk dapatkan kelulusan Bursa terhadap Proposed Regularisation Plan adalah kurang dari 3 bulan selepas dikembalikan pada Barakah untuk amendment pada awal Februari 2023. Teka teki Barakah bila boleh dibebasksn dari PN17 akan terjawab bilamana Bursa approval diperolehi. Yang pasti kejutan harga pasti berlaku bukan perkara perrkara Proposed Regularisation Plan tetapi pembebasan PN17....

Posted by arcadicus > 2023-03-07 20:37 | Report Abuse

https://www.klsescreener.com/v2/news/view/1121157

Posted by syahmir > 2023-03-13 06:48 | Report Abuse

Gogo

Posted by OKU_2020 > 2023-03-13 06:57 | Report Abuse

to Rest In Peace ( RIP ).......3 sen

Posted by OKU_2020 > 2023-03-14 14:35 | Report Abuse

BOOOO CHOWWW CCCCCCCC

Posted by snas3579 > 2023-03-14 16:13 | Report Abuse

I HEARD A GOOD NEWS WILL COME OUT SOON?

Posted by wfsn2350 > 2023-03-14 16:22 | Report Abuse

gogogo Barakah!!!

Posted by POWER007 > 2023-03-14 17:14 | Report Abuse

i just bought.....see u all at 10 cent

Posted by su1801 > 2023-03-14 17:16 | Report Abuse

what news.... gonna join the boat too... hehe

Posted by TheRocketMan > 2023-03-14 17:21 | Report Abuse

May BARAKAH make me richer!!!!!

Posted by TheWarrior > 2023-03-14 19:16 | Report Abuse

Fly high Barakah

Posted by nicholas99 > 2023-04-07 10:32 | Report Abuse

cerita dongeng ke

Posted by CubaTryTest > 2023-04-07 10:38 | Report Abuse

ada tu...

Posted by SNAS > 2023-04-10 15:10 | Report Abuse

stable at 0.05....next 0.07....go go go Barakah!!!

Posted by SNAS > 2023-04-10 19:20 | Report Abuse

The Company wishes to announce that its wholly-owned subsidiary, PBJV Group Sdn. Bhd. (“PBJV”) received a notification dated 6 April 2023 from PETRONAS that PETRONAS has decided to uplift the suspension imposed against PBJV for PBJV’s PETRONAS License, effective from 6 April 2023.

Following the upliftment, any license renewal application by PBJV are subject to assessment and consideration in accordance with the PETRONAS’s Licensing & Registration requirements.

The Company will take all the necessary steps towards the license renewal.

The Company will further make appropriate announcements to Bursa Malaysia Securities Berhad as and when there are material developments in relation thereof.

Posted by SNAS > 2023-04-10 19:52 | Report Abuse

don't miss the rocket....don't miss the bullet train.....don't miss the boat.

Posted by Kotaro > 2023-04-11 00:24 | Report Abuse

More news to come.. buy low, collect more, hold on and wait until regularisation plan approval.. capital reduction, share consolidation i.e. 20sen will become RM2.. right share 4 x existing share.. price at 10sen.. warrant share 50% from right share at 20sen which means you got 50% right share FOC

Posted by SNAS > 2023-04-11 09:12 | Report Abuse

my TP= RM0.20.......show me the money!!!!!

Posted by nicholas99 > 2023-04-11 09:17 | Report Abuse

lol. 0.07 also hard

Posted by nicholas99 > 2023-04-11 09:22 | Report Abuse

gg.com

Posted by TheRocketMan > 2023-04-11 09:25 | Report Abuse

more good news to come! Thanks me later!

Posted by wfsn2350 > 2023-04-11 09:28 | Report Abuse

Agreed with you therocketman, more good news to come. GOGOGO Barakah!

Posted by EvoDeer > 2023-04-11 09:37 | Report Abuse

Up up to the SKY.......bought 5 c,,,,yesterday. 10 cent go go

Posted by nicholas99 > 2023-04-11 09:44 | Report Abuse

gg .com how good news?

Posted by SNAS > 2023-04-11 10:14 | Report Abuse

come on guys...buy now & hold it...you won't regret it because you will get big profit.

Posted by firdausabrar > 2023-04-11 10:29 | Report Abuse

its a trap, after this consol and rights issue....lol

Posted by SNAS > 2023-04-11 10:50 | Report Abuse

https://www.theedgemarkets.com/node/662896

Posted by nicholas99 > 2023-04-11 11:24 | Report Abuse

nice trap.

Posted by EvoDeer > 2023-04-11 11:29 | Report Abuse

HAPPY days....book u at 10 pence

Posted by KeatBoy > 2023-04-11 12:48 | Report Abuse

buy now before too late

Posted by CubaTryTest > 2023-04-12 14:32 | Report Abuse

More news to come..

Posted by OKU_2020 > 2023-04-12 19:26 | Report Abuse

dead rat......

Posted by EvoDeer > 2023-04-20 11:19 | Report Abuse

Apa cerita........