before they bankrupt and suicide, this XOX will suffer ... cause they manipulate peoples money.. sure his son, parents die due to disease and many more... many people curse them, and karma sure kena... all lien ho group such a bloodyfoollll
before they bankrupt and suicide, this XOX will suffer ... cause they manipulate peoples money.. sure his son, parents die due to disease and many more... many people curse them, and karma sure kena... all lien ho group such a bloodyfoollll.
Its true really many people cursing them. Karma not so good for the Directors.
Details of corporate proposal EMPLOYEES' SHARE OPTION SCHEME No. of shares issued under this corporate proposal 20,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0180 Latest issued share capital after the above corporate proposal in the following Units 4,895,974,575 Listing Date 28 Mar 2022
================== Directors continue to raise fund via share issuance to ESOS and PP NOSH continue to rise to 4,895,974,575 hitting 5 BILLION shares soon
Business continue to lose money with losses in most of the last 10 years Directors continue to receive salaries and allowances Employees continue to gain from ESOS at cheaper than market price PP investors continue to subscribe PP shares at cheaper than market price
Shareholder equity % and EPS continue to be diluted with massive share issuance
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director Name MR TAN SIK EEK 1 06/04/2022 2,500,000 Disposed Direct Interest Consideration (if any) RM0.02 Disposal of shares via open market transaction Total no of securities after change Direct (units) 0 Direct (%) 0.000 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0.000 Date of notice 07/04/2022
================= Director disposed final tranche of shares at 0.02
Is this an indication for that XOX will be joining Vsolar to undergo shares consolidation and fund raising soon?
TODAY BURSA is very bullish. But newbies should go for good company that generate genuine revenue and profits. Avoid counters that is heavily infected with MOU-kia19 virus, ESOS-kia19 virus, PP-kia19 virus, RI-kia19 virus. These counters can lead to death or long term impairment to your capital. based on pattern of some Fintec syndicate company directors selling , and subsequent 20:1 or 30:1 consolidation, XOX is 99% announcing consolidation soon.
Details of corporate proposal EMPLOYEES' SHARE OPTION SCHEME No. of shares issued under this corporate proposal 134,856,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0180 Latest issued share capital after the above corporate proposal in the following Units 5,030,830,575 Listing Date 15 Apr 2022 https://www.klsescreener.com/v2/announcements/view/3533385
================== Directors continue to raise fund via share issuance to ESOS and PP NOSH continue to rise to 5,030,830,575 exceeding 5 BILLION shares !!!
Loss making in most of last 10 years Directors continue to receive salaries and allowances PP investors continue to subscribe PP shares at lower prices Shareholder equity % and EPS continue to be diluted with massive share issuance
====================== Be careful trading loss making penny stocks that has huge NOSH (BILLION SHARES) Directors have power to propose shares consolidation and raise more fund via rights issue with free warrants
===================== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance
ATTENTION:- XOX CEO TAN SIK EEK has dumped 14m shares on Mar 30th With NOSH of XOX exceeding 4b shares,very high chance XOX will be 15 :1 in next 2 months GET OUT BEFORE THE MASSACRE...
WARNING... CAPTAIN has abandoned the ship TAKE YOUR BELONGING AND RUN FOR YOUR LIFE. THIS SHIP IS SINKING INTO to the bottom of the sea anytime. The last time one CEO of Kanger dump 50m shares of Kanger, few weeks later Kanger plunge from 6c to 2c , followed by ann of 10:1 consolition
Description: XOX BHD - MEMORANDUM OF UNDERSTANDING WITH IMPACT MEDIA & COMMUNICATION SDN. BHD.
The Board of Directors of XOX Bhd (“XOX” or “the Company” or "the Group") is pleased to announce that the Company had on 29 April 2022 entered into a Memorandum of Understanding (“MOU”) with Impact Media & Communication Sdn. Bhd. (“Impact Media” or “the Vendor”) for the proposed acquisition of 100% equity interest in Perak FC Sdn. Bhd. for a total purchase consideration of RM1.00 only (“Proposed Acquisition”).
Impact Media is a private limited company incorporated in Malaysia which primarily involved in the business of advertising agency that offer a full range of advertising services that include media buying, advertising space, creative design, media planning & execution, digital & social media, printing & publishing, focusing on assisting government agencies, corporate sectors, small and medium enterprises, especially entrepreneurs to promote their products and services locally. Impact Media is the registered owner of 2,500 ordinary shares, representing 100% equity interest of Perak FC Sdn. Bhd.
Perak FC Sdn. Bhd. is a private limited company incorporated in Malaysia and the registered and/or beneficial owner of Perak’s official football club known as “Perak FC”.
Pursuant to the MOU, the Vendor and XOX (collectively as “the Parties”) shall entered into a Share Sales Agreement within 14 days from 29 April 2022 or any extension to be mutually agreed in writing by the Parties, subject to the satisfactory on the outcome of the due diligence exercise to be conducted by XOX. Failure which, the MOU shall lapse and cease to have any effect.
XOX views the Proposed Acquisition as an opportunity to expand its reach further by enlarging its ecosystem to incorporate football. Perak FC has an estimated fanbase of half a million fans, and Perak State is widely known to house the nation’s most fanatical football fans.
XOX already has an involvement in motor sports with its continued support and sponsorship with The Komanz Kru Racing (“TKKR”). The year on year revenue increase and market share acquisition is directly correlated to XOX’s venture with the TKKR racing team.
With the Proposed Acquisition, XOX hopes to emulate the subscriber growth from tapping the football fan base, as well as generate new media contents for consumption of its subscribers. The Proposed Acquisition is very much in line with XOX’s history supporting the local community.
The total purchase consideration of RM1.00 was arrived at on a willing-buyer willing-seller basis after taking into consideration, amongst others, of the following:
i) Based on the latest audited financial statements of Perak FC Sdn. Bhd. as at 30 June 2021 which recorded a loss after taxation of RM2,321,901 and net liabilities of RM3,504,688; ii) Operational difficulties of the Perak FC club; and iii) Outstanding liabilities of approximately RM7.1 million as of 31 December 2021.
The MOU will not have any effect on the share capital and substantial shareholders’ shareholdings of XOX. The MOU is also not expected to have any material immediate effect on the earnings per share, net assets per share and gearing of the Group for the financial year ending 30 September 2022.
None of the directors and/or major shareholders of the Company and/or persons connected with them have any interest, whether direct or indirect, in the MOU.
The Board of Director of XOX, having taken into consideration all aspects of the MOU, is of the opinion that the MOU is in the best interest of the Group.
The MOU is available for inspection at the registered office of the Company at 22-09, Menara 1MK, No. 1 Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur between 8.30 a.m. and 5.30 p.m. from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement.
Majlis MoU antara Perak FC dan XOX Berhad di Petaling Jaya pada Jumaat. - Foto FB Perak Football Club
SHAHRIZAL AHMAD ZAINI TEKA-TEKI berhubung status pengambilalihan Perak FC akhirnya terjawab apabila syarikat telekomunikasi terkenal, XOX Berhad (XOX) sah sebagai pemilik baharu kelab Liga Premier itu. Pada Jumaat, urusan ‘jual beli’ Perak FC selesai apabila satu majlis perjanjian memorandum persefahaman (MoU) diadakan antara XOX dan Impact Media and Communication (IMC) Sdn Bhd. Majlis yang berlangsung di Pejabat Besar XOX di Tropicana, Petaling Jaya itu turut disaksikan Ketua Pegawai Eksekutif Liga Bola Sepak Malaysia (MFL), Stuart Ramalingam. Ketua Pegawai Eksekutif Perak FC, Muhammad Yunus Zakariah nyata lega apabila proses pengambilalihan secara rasmi skuad The Bos Gaurus itu dijangka selesai kira-kira dua minggu lagi. “Alhamdulillah... Perak FC sudah boleh meneruskan fokus bagi menghadapi saingan Liga Malaysia (Liga-M), tiada lagi hal-hal berbangkit terutamanya urusan pemilikan pasukan. “Malah, kami sudah tidak perlu lagi risau dengan sebarang bentuk hukuman daripada MFL seperti pemotongan mata kerana segala-galanya sudah selesai hari ini (Jumaat). “Sudah tentu ini satu berita yang baik kepada barisan pemain, jurulatih dan pegawai Perak FC. Tak lupa juga kepada seluruh penyokong Perak FC,” katanya kepada Sukan Sinar pada Jumaat. Untuk rekod, Perak FC muncul pasukan kelima Liga-M yang dimiliki sepenuhnya organisasi swasta tanpa ada penglibatan atau perkongsian saham kelab daripada kerajaan negeri atau Persatuan Bola Sepak Negeri (FA). Muhammad Yunus menjelaskan bahawa masih ada satu urusan yang masih belum dimeterai antara Perak FC dan XOX iaitu perjanjian jual beli. “Setakat ini kita hanya perjanjian persefahaman (MoU) manakala perjanjian jual beli masih belum ditandatangani antara kedua belah pihak. “Apa pun, setakat ini semua perkara berjalan lancar. Saya jangka semua urusan pengambilalihan serta jual beli Perak FC kepada XOX akan selesai sepenuhnya dalam masa terdekat,” jelasnya. Dalam pada itu, XOX menerusi satu kenyataan memaklumkan tunggakan gaji pemain dan pegawai Perak FC akan dilunaskan sepenuhnya sebaik sahaja segala urusan selesai. “Bagaimanapun, sebagai sebuah syarikat berhad, ia perlu melalui proses 'due dilligence' dan proses berkenaan akan dilaksanakan secepat mungkin. “XOX turut menyerahkan sumbangan wang tunai RM100,000 yang disampaikan kepada semua pemain dan staf Perak FC sebagai bantuan untuk menyambut Aidilfitri,” menurut kenyataan XOX.
SINGAPORE (The Straits Times/Asia News Network): Malaysian businessman John Soh Chee Wen and his girlfriend Quah Su-Ling were convicted as masterminds of Singapore's most serious case of market manipulation that wiped out more than S$8 billion from the Singapore stock market in October 2013, the High Court ruled on Thursday afternoon (May 5).
XOX CEO selling his shares like nobody business. CEO TAN SIK EEK has sold ALL HIS SHARES !!!!!!! When CEO SELL, do you dare devil go and buy? WHY WHY WHY? YOU CLEARLY SEE DIRECTOR SELLING ALL , why you still listen to kucing kurap say buy,buy,limit up Mar 30th SOLD 14,347,000 shares Mar 31th SOLD 5,152,000 Apr 1th sold 6,395,000 shares Apr 4th sold 3,500,000 shares Apr 5th sold 2,780,000 shares Apr 6th sold 2,500,000 shares He must have known something to RUUNNNN When Pasukhas major shareholder LIm PakHong sold 126m Pasukhas shares @5c,it crash to 2c now
Tinggal 0.02 jual pun apa ada balance . Just dont buy to average down. It will not help . Only average down on good fundamental companies of blue chip stocks. Goreng stock , cannot regoreng . Kalau Minyak sudah hangus , tak boleh goreng lagi.
EMPLOYEES' SHARE OPTION SCHEME No. of shares issued under this corporate proposal 20,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0180 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 5,050,830,575 Issued Share Capital ($$) Malaysian Ringgit (MYR) 461,741,886.130 Listing Date 18 May 2022
========= Frequent share issuance to PP and ESOS Dilution of shareholders equity % and EPS
======== Be careful of penny stocks that have multi billion issued shares Directors have power to propose shares consolidation and rights issue to raise more funds from shareholders.
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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....