Posted by PTL4Ever > 2021-01-13 00:26 | Report Abuse

Time to Soar High

Posted by meadow1628 > 2021-01-13 09:05 | Report Abuse

BUY BUY BUY. Got But got free Warrant C
Heng ah, Ong ah, Huat ah

Posted by bri4n_Loo > 2021-01-13 09:56 | Report Abuse

https://www.klsescreener.com/v2/news/view/774117
LAI LAI LAI.... Dato bought new yatch.... Now wanna buy plane...
Come Come Come to invest in this counter....

Posted by spectrade8181 > 2021-01-13 09:58 | Report Abuse

XOX locked in for 5G rollout

Posted by meadow1628 > 2021-01-13 10:04 | Report Abuse

Indonesia Is First to Approve Sinovac Vaccine Outside China
https://www.wsj.com/articles/indonesia-is-first-to-approve-sinovac-vaccine-outside-china-11610372933

Posted by meadow1628 > 2021-01-13 10:06 | Report Abuse

Indonesia COVID vaccination to start Wednesday using Sinovac drug
https://asia.nikkei.com/Spotlight/Coronavirus/Indonesia-COVID-vaccination-to-start-Wednesday-using-Sinovac-drug

Posted by bri4n_Loo > 2021-01-13 10:17 | Report Abuse

polycarp, my problem is to ward off dogs fr spreading fake rumours to trap retailer

Posted by bri4n_Loo > 2021-01-13 10:18 | Report Abuse

IN September this year, The Edge ran a piece titled “Hidden hands behind penny stock surge”, which showed the relationship between 21 companies, all connected via similar shareholders and/or directors and all exhibiting unusual peaks and troughs, jolting share prices for no apparent reason.

Behind these companies is an individual or a small group of individuals controlling things and making a mockery of corporate governance standards.

Interestingly enough, it is understood that there are about 40 companies controlled by the hidden hands.

At the apex of the maze of companies is Fintec Global Bhd, a company that does not have a core business except to act as an incubator. On Fintec’s website, it says, “The name ‘Fintec’ mirrors our motto of ‘financials before technology’, that is, we first and foremost look to the existing and/or potential financial performances of the companies in need of capital injections before all other merits such as technology, business nature and business plan are considered.”

According to its annual report, it has investments in start-ups but it is worth noting that Fintec also invests in several small-cap, publicly traded companies.

Companies under Fintec’s belt include Saudee Group Bhd (21.55%), AT Systematization Bhd (28.29%) and Focus Dynamics Group Bhd (25.04%). There are also companies such as Green Ocean Corp Bhd and Trive Property Group Bhd, in which Fintec has indirect stakes via Saudee Group and AT Systematization. It is also noteworthy that at end-November, Fintec ceased to be a substantial shareholder of NetX Holdings Bhd.

Some of these companies, such as Fintec and AT Systematization, were in the news for announcing new ventures, including into glove making. It remains to be seen whether they are successful in these ventures.

Nevertheless, Fintec’s “jewel in the crown” is Focus Dynamics, which operates seven food and beverage outlets. It mustered a net profit of RM7.26 million from RM42.88 million in revenue for the nine months ended September this year. Despite having accumulated losses of RM40.26 million, Focus Dynamics at the time of writing was trading at 65 sen, giving the company a market capitalisation of almost RM4 billion, and was listed on the MSCI global small-cap indices last month.

Whether such a high market value is justified for a company that raked in RM7 million in net profits is questionable. So far this year, Focus Dynamics’ share price has shot up more than 390% from 13 sen as at end-2019, with no apparent reason for the meteoric rise.

Just prior to this article, Fintec pocketed RM26.74 million in cash, selling 768.15 million of Focus Dynamic’s warrants on the open market.

This year alone, Fintec has completed two share placements and one rights issue with free warrants, raising RM182.6 million. Note that as a reprieve to companies hit by the pandemic, Bursa Malaysia relaxed the rules on private placements, allowing listed companies to place out not more than 20% of the total issued shares, from the existing 10%, until Dec 31, 2021 — subject to shareholders’ approval.

Most of the companies in which Fintec invests are loss-making and small in terms of market capitalisation, and seem to lack a clear business direction or strategy.

Other stocks (besides Focus Dynamics) that have shown simi­lar gains but plummeted include loss-making Anzo Holdings Bhd, a company dealing in timber products that gained more than 1,000% from mid-May to hit a high of 26 sen in July. It closed at 8.5 sen on Dec 23, losing 67% from the peak.

PDZ Holdings Bhd, an ailing shipping company, was trading at one sen in mid-March but, at end-June, it gained more than 500% to reach its peak of 32.5 sen this year — a remarkable feat, considering it is mired in lawsuits and has no significant shipping assets. Closing at 7.5 sen on Dec 23, it is down 77% from the peak.

Meanwhile, loss-making XOX Bhd, which is involved in cellular telecommunication services, gained more than 430% from mid-July to hit a high of 39.5 sen at end-August. In mid-March, XOX was trading at one sen.

Anzo, PDZ and XOX are linked to Fintec via its directors. All three companies have announced corporate exercises, including placements of shares and rights issues.

Meanwhile, Saudee Group’s stock hit a low of eight sen on March 17, but picked up momentum in June to hit a 52-week high of 67 sen on Aug 13, gaining more than 300%. It closed at 50 sen on Dec 23 — down 25% from the peak.

While there is reason to believe that the regulators are indeed looking into the companies and their erratic share price movements, and that the authorities have actually commenced investigations, it is unclear whether there will be any follow-up action aside from an unusual market activity (UMA) query by the exchange.

Also worth noting is that investigations and subsequent action against any wrongdoing through the courts can be time-consuming. Nevertheless, such pursuits are necessary to ensure market integrity and maintai

Posted by meadow1628 > 2021-01-13 10:22 | Report Abuse

Pharmaniaga secures 14 mil vaccine doses from Sinovac, to be distributed by end-March
https://www.theedgemarkets.com/article/pharmaniaga-secures-14-million-vaccine-doses-sinovac-be-distributed-endmarch

Posted by Togetherweearn > 2021-01-13 11:05 | Report Abuse

WOAH

Posted by hassan10 > 2021-01-13 11:19 | Report Abuse

https://www.bharian.com.my/bisnes/pasaran/2021/01/775239/pelabur-buru-saham-harga-rendah-bursa-malaysia-meningkat

Posted by strattegist > 2021-01-13 11:31 |

Post removed.Why?

Posted by HamsterHuat > 2021-01-13 12:58 | Report Abuse

What happen XOX, today macam stuck?

Posted by MrsLee > 2021-01-13 13:47 | Report Abuse

Lousy countee

Posted by iamismail > 2021-01-13 17:20 | Report Abuse

DPS and DPS wa closed high.

Posted by strattegist > 2021-01-13 17:59 |

Post removed.Why?

Posted by daydreamer > 2021-01-13 18:34 | Report Abuse

dun buy into these counters... all retail investor kena trapped buying their share

Posted by Jack Mak > 2021-01-13 19:51 | Report Abuse

ANNOUNCED BUSINESS COLLABORATION (cont’d)
(vii) On 16 July 2020, XOX Media has entered into a 40/60 profit sharing on financing Partnership Agreement with Wetek Technology (M) Sdn Bhd for the proposed collaboration to offer micro-financing facilities to XOX’s subscribers and general public to enhance the adoption of e-Wallet and ultimately give impoverished people an opportunity to become self-sufficient. To date, there is no material development pertaining to the agreement.
(viii) On 27 July 2020, XOX Media has entered into a Head of Agreement (“HOA”) with Jiangsu Sulian Asset Management Co., Ltd (“Sulian Capital”) to form a non-circumvention and commercial agreement between both parties concerning the introduction of a Chinese Telco, to partner and collaborate with XOX in the regional deployment of 5G mobile networks. To date, there is no material development pertaining to the HOA.
(ix) On 24 August 2020, a subsidiary of the Company, XOX Wallet Sdn. Bhd. (“XOX Wallet”) has entered into a Strategic Collaboration Agreement with Alipay Labs (Singapore) Pte. Ltd. to collaborate in the blockchain-based solutions for a period of 3 years with annual subscription fee of USD200,000. As at the financial year end, XOX Wallet has paid for first year subscription fee and one (1) month subscription fee has been recognised in Statements of Comprehensive Income.
(x) On 17 September 2020, the Company has entered into a Provisional Technology Partnership Agreement with Nexion to establish a long-term and stable strategic partnership in order to ensure XOX and Nexion competitiveness and offerings to a more challenging global market. To date, there is no material development pertaining to the agreement.
(xi) On 9 October 2020, XOX Media has entered into a MOU with GEM Pay Sdn. Bhd. (“GEM Pay”), a subsidiary of NETX Holdings Berhad (“NETX”), for the purpose to discuss, explore and enter into negotiations in respect of a business arrangement to rent up to 1,000 units of contactless payment terminals and/or cashless e-wallet payment solutions from GEM Pay to be incorporated into smart vending machines. To date, both parties are working on the business arrangement.
(xii) On 13 November 2020, XOX Mobile has entered into a Master Service Agreement with MACPIE relating to the provision of any services by MACPIE to XOX Mobile for the organisation of the Company’s event known as “XOX Unity Player Unknown’s Battleground (PUBG) League” on a fee to be agreed by MACPIE and XOX Mobile. To date, there is no material development pertaining to the agreement.

Posted by meadow1628 > 2021-01-13 20:08 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS XOX BHD - PROPOSED NEW SHAREHOLDERS' MANDATE AND RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3120938

Description: XOX BHD
- PROPOSED NEW SHAREHOLDERS' MANDATE AND RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

The Board of Directors of XOX Bhd (“XOX” or “the Company”) is pleased to announce that the Company proposes to seek for the shareholders’ approval for the Proposed New Shareholders' Mandate and Renewal of Existing Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature at the forthcoming Annual General Meeting of the Company to be convened.
 
The Circular to Shareholders containing the details of the above proposal will be issued to the shareholders of the Company in due course. 

Date Announced: 13-1-2021

Posted by meadow1628 > 2021-01-13 20:09 | Report Abuse

Superb great news...
Like that tommorrow XOX going to spike up like mad liao lah

Posted by Bgt 9963 > 2021-01-13 20:11 | Report Abuse

Scam..counter.Giving bonus warrants with no value to subscript for shares...my 2 sens...!

Posted by meadow1628 > 2021-01-13 20:12 | Report Abuse

Buy buy buy, tommorrow buying still entitled to get free warrants C

Heng ah, Ong ah, Huat ah

Posted by Bgt 9963 > 2021-01-13 20:14 | Report Abuse

Another money games....my 2 sens...!

Posted by The Captain > 2021-01-14 00:53 | Report Abuse

fakof xox. i buy at 0.095. now 115. i already start goreng, other teamate dont want to goreng

Posted by The Captain > 2021-01-14 00:55 | Report Abuse

this is pundek game. scam

Posted by luigee > 2021-01-14 02:02 | Report Abuse

@meadow1628 newly created account. part of syndicate. beware

Posted by MrsLee > 2021-01-14 06:53 | Report Abuse

This counter don't buy

Posted by meadow1628 > 2021-01-14 07:22 | Report Abuse

Buy buy buy, today got buy got free warrants C
Heng ah, Ong ah, Huat ah

Posted by meadow1628 > 2021-01-14 09:15 | Report Abuse

Yes, damn hot man XOX today ...
Now already traded at 0.12 +0.005 +4.3%
Today i think can closed at around 0.18 to 0.20

Posted by amireza > 2021-01-14 09:24 | Report Abuse

Nice

Posted by AdamRyan_2011 > 2021-01-14 09:44 | Report Abuse

naishhhhhhh

Posted by strattegist > 2021-01-14 10:13 |

Post removed.Why?

Posted by Consultant > 2021-01-14 10:15 | Report Abuse

Don't get trapped in this counter.. it will drop back to 0.1 and so on

Posted by AdamRyan_2011 > 2021-01-14 10:15 | Report Abuse

Tomorrow before close cabut la, I aldy enter at 10.5

Posted by AdamRyan_2011 > 2021-01-14 10:22 | Report Abuse

can anyone explain what is Bonus Issue Warrant C for every 8 share get 3 free warrant.... It is XOX-wc or xox-or? plz someone explain.... I never buy stock for warrant...

Posted by Consultant > 2021-01-14 10:44 | Report Abuse

If you already enter.. then good luck and all the best haha

Posted by AdamRyan_2011 > 2021-01-14 11:00 | Report Abuse

still at profit mate. jz wondering if warrant worth to get or not

Posted by anthonytkh > 2021-01-14 11:05 | Report Abuse

Adam, it will be XOX-WC. Eg 10,000 mother share = 3,750 WC

OR is for rights issue

Those that already own XOX can sell mother share starting tmrw

Posted by Catsli > 2021-01-14 11:21 | Report Abuse

Entitlement description BONUS ISSUE OF FREE WARRANTS IN XOX BHD ("XOX" OR THE "COMPANY") ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 8 EXISTING ORDINARY SHARES IN XOX HELD BY ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 PM ON 18 JANUARY 2021... not 18 January to get the warrant???

Posted by AdamRyan_2011 > 2021-01-14 11:21 | Report Abuse

@anthonytkh thanks for ur advice. But if i sell tomorrow i still get the warrant? and 2nd price will adjust on monday right for mother share?

Posted by leeashraf > 2021-01-14 11:23 | Report Abuse

Anthonytkh Its a free warrant - what is the estimated value?

Posted by strattegist > 2021-01-14 11:38 |

Post removed.Why?

Posted by anthonytkh > 2021-01-14 11:39 | Report Abuse

Adam, tmrw is the ex-date. So, yes, you can sell mother share tmrw (not today) and still get the free warrant

Posted by anthonytkh > 2021-01-14 11:41 | Report Abuse

leeashraf, the WC exercise price announced at 0.10

No announcement yet when the WC will be listed

Posted by AdamRyan_2011 > 2021-01-14 11:55 | Report Abuse

Entitlement Details:
BONUS ISSUE OF FREE WARRANTS IN XOX BHD ("XOX" OR THE "COMPANY") ("WARRANTS
C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 8 EXISTING ORDINARY SHARES IN XOX
HELD BY ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 PM ON 18 JANUARY 2021
Entitlement Type: Bonus Issue
Entitlement Date and Time: 18/01/2021 05:00 PM
Year Ending/Period Ending/Ended Date: 30/09/2021
EX Date: 15/01/2021
To SCANS Date:
Payment Date:
Interest Payment Period:
Trading of Rights Start On:
Trading of Rights End On:
Stock Par Value:

Posted by AdamRyan_2011 > 2021-01-14 11:55 | Report Abuse

@
anthonytkh i guess monday 5pm will get the warrant in our account?

Posted by anthonytkh > 2021-01-14 12:08 | Report Abuse

Adam, no. The WC listing date not yet announced. Bursa not yet received quotation fr XOX. Refer to their Bonus Entitlement announcement dated 5/1

Posted by JK22 > 2021-01-14 12:14 | Report Abuse

Stock [XOX]: XOX BHD
Announcement Date 04-Jan-2021
Financial Year 30-Sep-2021
Subject Bonus Issue
Type Bonus Issue
Description BONUS ISSUE OF FREE WARRANTS IN XOX BHD ("XOX" OR THE "COMPANY") ("WARRANTS C") ON THE BASIS OF 3 WARRANTS C FOR EVERY 8 EXISTING ORDINARY SHARES IN XOX HELD BY ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 PM ON 18 JANUARY 2021
Amount 3.0000 : 8.0000
Ex Date 15-Jan-2021
Entitlement Date 18-Jan-2021

Posted by MrsLee > 2021-01-14 13:12 | Report Abuse

Em...in these few days... Why the price still stagnant

Posted by Consultant > 2021-01-14 13:31 | Report Abuse

It will stay stagnant lol