Posted by Dividend4You > 2023-12-29 15:46 | Report Abuse

why? goreng up soon?

Posted by Raiz368 > 2024-01-09 16:17 | Report Abuse

New warrant to be out by 1st qtr 2024....grab the mother share now before ex date.

Posted by Raiz368 > 2024-01-09 16:20 | Report Abuse

Handal Energy plans capital reduction, private placement and bonus warrants
By Anis Hazim / theedgemalaysia.com
15 Sep 2023, 11:02 pm

KUALA LUMPUR (Sept 15): Offshore crane services provider Handal Energy Bhd is planning to undertake a RM90 million capital reduction to eliminate its accumulated losses, followed by a private placement involving up to 40% of its issued shares to raise RM9.7 million to repay its borrowings and trade payables, and an issuance of bonus warrants.

The group’s accumulated losses as at June 30, 2023 stood at RM102.6 million at the company level, and RM68.1 million at the group level, which it plans to reduce to a loss of RM13.1 million (company level), and a retained profit of RM21.4 million (group level), following the capital reduction.

Its proposed placement, which could involve the issuance of up to 266.43 million shares to third-party investors to be identified, would be priced at a discount of at most 20% to the company's five-day volume weighted average market price of its shares immediately before the price fixing date.

It expects to fix the issue price of the placement shares, which could be issued by tranches, separately. Based on its illustrative issue price of 9.13 sen per placement share, Handal could raise as much as RM9.7 million from the exercise, of which RM9 million would be used to repay its trade payables and bank borrowings (RM4.5 million each).

The warrant issuance, meanwhile, will be undertaken after the private placement on the basis of one warrant for every two existing shares held on an entitlement date to be announced later. It expects to be issuing up to 186.7 million warrants. If fully exercised, the warrants could raise another RM22.41 million for the company, which is to be used as working capital.

The proposals, subject to approvals from Bursa Securities and Handal shareholders, are expected to be completed by the first quarter of 2024.

Shares in Handal settled half sen or 4.35% lower at 11 sen on Friday, with a market capitalisation of RM29.34 million. The counter has fallen 26.67% year-to-date.

Posted by Lee Ying Yee > 2024-01-09 17:16 | Report Abuse

pp will kill u ??? last year same/

Posted by Raiz368 > 2024-01-10 00:00 | Report Abuse

Tomorrow will start move up guys...don't miss the flight to fly high..

Posted by Mar2083 > 2024-01-19 07:23 | Report Abuse

Potentially may up trend today
Huat ar

Posted by Mar2083 > 2024-01-23 15:12 | Report Abuse

Potentially may test 15sen by this week
Huat ar

Posted by TCH1186 > 2024-01-23 17:01 | Report Abuse

Break the line. Time to goooo

Posted by fl888 > 2024-01-24 09:56 | Report Abuse

Handal So small share capital only 336 million…..NTA 17cts….

Posted by MACD > 2024-01-24 10:14 | Report Abuse

Big vol but price not really moving

Posted by TCH1186 > 2024-01-24 14:49 | Report Abuse

don worry. just a pullback. whoever in just wait till cny. xD

Posted by Raiz368 > 2024-01-24 20:10 | Report Abuse

Is time to collect and hold until CNY...potential will get 50% return.

Posted by Bull13 > 2024-01-26 09:36 | Report Abuse

FREE BONUS WARRANTS
1 warrant free for every 2 mother shares held. CNY angpow!!💰💰💰

Posted by TCH1186 > 2024-01-26 14:43 | Report Abuse

Be patientsssss

Posted by TCH1186 > 2024-01-29 10:26 | Report Abuse

thank me later ^^

Posted by massivekahuna > 2024-01-30 10:40 | Report Abuse

beruk buntot lebar ni tak habis habis dengan kelentong2

KUALA LUMPUR (Jan 29): Pelaburan MARA Bhd has denied claims of receiving any proposals from Handal Energy Bhd concerning an investment in redeemable non-convertible preference shares (RNCPS).

In a statement, Pelaburan MARA emphasised that no evaluation or confirmation regarding the RNCPS investment has been conducted.

"Pelaburan MARA will conduct rigorous evaluation and due diligence exercises pursuant to a formal proposal being made, in accordance with the procedures and to meet the regulatory requirements before making any investment decision," it added.

Pelaburan MARA said it would request Handal Energy to clarify the matter with all relevant parties to avoid any misunderstandings.

"Pelaburan MARA takes its reputation and the accuracy of reporting on its services seriously. We pledge to keep our stakeholders apprised of any significant developments in a clear and transparent manner," the statement read.

On Jan 18, Handal Energy, in a stock exchange filing, announced that its wholly owned unit Handal Floaters Sdn Bhd (HLFSB) had entered into a joint venture agreement with Hadid Oil and Gas LLP (HAG), establishing a limited liability partnership (LLP) for shared involvement in the early oil production field development programme, particularly Phase 1 of the Nipineftegas field development plan.

The agreement is subject to numerous conditions precedent, including the execution of an RNCPS agreement between HFLSB and Pelaburan MARA, with Pelaburan MARA subscribing to the RNCPS issued by HFLSB at an issue price to be determined later based on an issue size of US$5 million (RM23.64 million).

It also stated that the parties commit to obtaining necessary approvals and consent within three months, with the option to mutually extend for an additional three months if needed. If approvals are not secured within the stipulated time frame or any agreed extension, the agreement shall ipso facto cease, and neither party is entitled to claim costs, damages, compensation, or other claims, except for any antecedent breach.

Posted by Justwantmoney2 > 2024-02-02 14:46 | Report Abuse

Hopeless.

Posted by TCH1186 > 2024-02-05 09:12 | Report Abuse

MARA wont effect that much. No problem

Posted by massivekahuna > 2024-02-05 15:00 | Report Abuse

kami duduk2 cerita tadi. terpikiaq juge lah.
apasal handal engineering paid up share capital = 42 juta ringgit
company mamat DS agri, paid up capital = 5 ribu ringgit beb!!

lepas tu, nak bagi share JV, handal dapat 51% dan DS agro dapat 49%


yang pelik, handal kena bayar 4.5 juta utk developmt cost, ttpi DS Agri bayar kosong.

Baguihhh jua biznes mcm ni. main atas angin, takya bayar satu sen, ttpi dapat 49%. nampak nye, lintah darat ni tak habis2 nak lanyak handal ni. memang handal!!🤣

cerita nak con-artist pakai nama mara tu dah diam2. kantoi, kan? 😁

Posted by Bull13 > 2024-02-05 16:23 | Report Abuse

War in middle east. O & G will shoot up!
Handal free warrants!!
Every 2 shares 1 free warrant .

Posted by TCH1186 > 2024-02-05 17:01 | Report Abuse

Woot

Posted by TCH1186 > 2024-02-16 13:56 | Report Abuse

....

Posted by TCH1186 > 2024-02-23 16:21 | Report Abuse

Ready next week

Posted by TCH1186 > 2024-03-08 18:19 | Report Abuse

Stop play liao i know u want shoot up. Just press the button.

Posted by bobettose > 2024-03-08 19:39 | Report Abuse

button next month la

Posted by Dividend4You > 2024-03-14 16:24 | Report Abuse

tak boleh main!

Posted by fl888 > 2024-03-31 23:05 | Report Abuse

Next week , break 10cts easily with free 1for2 warrrant exdate 15-4-24

Posted by Mar2083 > 2024-04-10 08:58 | Report Abuse

Hope can test 15sen by next week

Posted by bobettose > 2024-04-25 14:22 | Report Abuse

Not even 10sen how to test 15sen

Posted by Raja Nor GC > 2024-04-28 16:27 | Report Abuse

ada good prospek ke this year

Posted by Mar2083 > 2024-05-19 19:36 | Report Abuse

Hope can test 10sen next week
Huat ar

Posted by Dividend4You > 2024-05-28 15:12 | Report Abuse

last call for what

Posted by elmendaman > 2024-05-30 15:46 | Report Abuse

Red red red

Posted by Robert Waters > 2024-06-05 09:37 | Report Abuse

Boy, this counter sucks. Did they appoint another perfume girl to the board ? Like the last one, with absolutely no experience of any kind. Had no time to check her out.

Posted by elmendaman > 2024-06-21 17:30 | Report Abuse

Hopeless stock

Posted by Spacewhalezz > 2024-07-18 16:29 | Report Abuse

where is the boom???

Posted by BILLC > 2024-07-18 16:41 | Report Abuse

It’s a bomb,,,,,not boom,,,,

Posted by Robert Waters > 2024-07-20 15:25 | Report Abuse

How, this company is hopeless. Glad I got out.

Posted by CASHewnut > 2024-07-22 14:42 | Report Abuse

need to open ur eye big big next time

Posted by Dividend4You > 2024-07-29 16:00 | Report Abuse

Handal dah habis

Posted by Robert Waters > 2024-08-07 23:26 | Report Abuse

The scumbag director that ruined the company is now suing. What a story.
I think that the biggest positive for handal was his departure. Now the fat ass is back as a claimant. Wow.

Posted by Spacewhalezz > 2024-08-13 16:26 | Report Abuse

Hahaha another popcorn show

Posted by fl888 > 2024-08-15 10:58 | Report Abuse

Can buy ….?

Posted by Icon 888 > 2024-08-16 11:44 | Report Abuse

0.04

Posted by Dividend4You > 2024-08-21 16:44 | Report Abuse

dah habis

Posted by mf > 2 months ago | Report Abuse

Nikkei 225
38,042.50 38,441.00 37,898.50 -1,779.00 -4.47%

Posted by Income > 2 months ago | Report Abuse

https://youtube.com/shorts/U-efdnhe4lk?si=FSnh-vB8yTI9j80V

Posted by AJWong > 1 month ago | Report Abuse

Robert Waters, you seem to be a very angry man towards Sundeep. Why?

Posted by bjtoto > 1 month ago | Report Abuse

Bersedia serangan MA200 0.075
Wang Maliiiiiii

Posted by bjtoto > 1 month ago | Report Abuse

Ke garisan....... Bersedia