AWANBIRU TECHNOLOGY BERHAD

KLSE (MYR): AWANTEC (5204)

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Last Price

0.255

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


26 people like this.

27,350 comment(s). Last comment by money_talk 2 hours ago

Posted by money_talk > 1 month ago | Report Abuse

generally its win. winning against GOM is not easy + now getting huge projects. look at future lor.. hopefully the company will get the Affected Listed Issuer out soon.

duatlai

171 posts

Posted by duatlai > 1 month ago | Report Abuse

Syndicate pump U dump cohort with insiders

Newinfo

16 posts

Posted by Newinfo > 1 month ago | Report Abuse

look at the market cap 312m. Compensate 200m almost 70%

minher

316 posts

Posted by minher > 1 month ago | Report Abuse

Something wrong here, why big player and shareholder dump their shares so fiercely? Is it something very bad going to happen soon?

cheong3288

135 posts

Posted by cheong3288 > 1 month ago | Report Abuse

can collect at 32-35sen. many contra player no money selling hard

11395861

397 posts

Posted by 11395861 > 1 month ago | Report Abuse

Minher..not a big player but volume still small....yesterday almost 30 milion shares..today now 32 milion

11395861

397 posts

Posted by 11395861 > 1 month ago | Report Abuse

Syndicate manipulation price to force share prices down....then they buy n make money.

boyah89

2 posts

Posted by boyah89 > 1 month ago | Report Abuse

dua kali oo kena ngan awan.. dulu time ogos, lepastu semalam dan harini.. frust nya!!

chokra

57 posts

Posted by chokra > 1 month ago | Report Abuse

When Immigration cancelled the SKINS contract in 2019, share price of Prestariang (now known as Awantec) fell to around 0.10 sen. Thereafter the price had a steady recovery. In November 2020, Prestariang allocated Rights at 0.20 sen per unit with free warrants. By December 2020, you could sell those warrants attached above 0.70 sen. Likewise, you could sell the mother stock at above Rm1.20 in March 2021. Why did the price dropped like a rock and then had an astronomical high? Market manipulators at work, I believe. These unscrupulous market manipulators saw an opportunity to profit because they had the money to manipulate the market. There is no logic behind such gyrations of share price. Surely Awantec cannot be so badly managed until it is worthless. Awantec was a victim of politicians who punished the company just to get back at their political opponents. Events now unfolding with one party fleeing the country after SKINS cancellation and the awarding of a new immigration contract (now also cancelled) shows what can happen when there is a change of government. I will not sell my Awantec shares at such low prices to unscrupulous market manipulators. Just ask yourself, should the price be so low after winning a court case. Yes, opportunity cost and holding cost for Awantec may not have been factored in by judge during judgement but the award given is no chicken feed either. Awantec can now move forward, they have the cash to venture into other lucrative areas. But never allow market manipulators to cloud your judgement. Hold on to Awantec shares until better times.

Posted by comebackkid > 1 month ago | Report Abuse

Total compensation amount insufficient to pay creditors? A potential PN17 candidate?

happi88

2 posts

Posted by happi88 > 1 month ago | Report Abuse

AI coming

WCapital

45 posts

Posted by WCapital > 1 month ago | Report Abuse

Awantec will be debt free with this 231mil compensation from gov and in healthy balance position. moving forward..
Awantec will focus to grow the company business MyGovUC3.0 and NAHRIM projects. more projects will come soon ..

mf

27,865 posts

Posted by mf > 1 month ago | Report Abuse

collect

Bull13

1,032 posts

Posted by Bull13 > 1 month ago | Report Abuse

Awantec will get a slice of NIISE??

Realrich

1,329 posts

Posted by Realrich > 1 month ago | Report Abuse

Mf take profit buy 0.37 sale 0.395. Thanks

11395861

397 posts

Posted by 11395861 > 1 month ago | Report Abuse

Heitech Padu menyinari NiiSe......Awantech dpt ciput

minher

316 posts

Posted by minher > 1 month ago | Report Abuse

Awantec only left 2 weeks time to submit the regularisation plan. I scare Awantec will suspend by Bursa due to fail to submit the plan.

minher

316 posts

Posted by minher > 1 month ago | Report Abuse

Look at Nylex fail to submit the plan. Bursa suspend Nylex even extend the time to submit the plan. Will Awantec will facing same problem ? If that happen, Awantec likely will drop to 20sen at least. Nylex is very good example. Please be extra careful in trading Awantec.

omega008

47 posts

Posted by omega008 > 1 month ago | Report Abuse

wish someone could share insider news haha
awantec hasnt made any comments or assurance since aug 2023. between then and now, wondering what have they been cooking

Posted by AmmarSyahiran > 1 month ago | Report Abuse

update usman

minher

316 posts

Posted by minher > 1 month ago | Report Abuse

Awantec unable to submit regularisation plan by 13 Apr 2024. Then it will going to suspend.

Posted by Paktua Second > 1 month ago | Report Abuse

Confirm not able to submit regularization plan. Then suspend. Then people cry

omega008

47 posts

Posted by omega008 > 1 month ago | Report Abuse

The price action might be indicating otherwise 5% and holding on the trendline

11395861

397 posts

Posted by 11395861 > 1 month ago | Report Abuse

Ceo Awantech bought 70000 shares prices RM0.39 open market

Posted by Badaksumbuuu > 1 month ago | Report Abuse

Awantec File For Appeal . Mau Pampasan Lebih . Tak Tau Baek Atau Tak . Case Akan Berlanjutan . Kata kan lah Awantec Berjaya Dalam Appeal utk dapat kan lebih pampasan , lepas berjaya ....giliran GOM akan Appeal untuk mintak kurang .

Posted by Badaksumbuuu > 1 month ago | Report Abuse

It's a TRICKY SITUATION. Soalan EMAS . Awantec masih ada duit kah ??

Realrich

1,329 posts

Posted by Realrich > 4 weeks ago | Report Abuse

Today due date for submission regulation plan. Friday is delisted can't trade already. Good bye

Alipapapa

423 posts

Posted by Alipapapa > 4 weeks ago | Report Abuse

Awantec will be suspend pending the outcome of appeal. Awantec will suspend on 13 Apr. Please take note.

Alipapapa

423 posts

Posted by Alipapapa > 4 weeks ago | Report Abuse

Many insider already cash out, dun silly to enter now.

Alipapapa

423 posts

Posted by Alipapapa > 4 weeks ago | Report Abuse

Selling down. Confirm suspend on 13 Apr 2024.

omega008

47 posts

Posted by omega008 > 4 weeks ago | Report Abuse

glad i got out of this early haha not worth the risk

Alipapapa

423 posts

Posted by Alipapapa > 4 weeks ago | Report Abuse

Bursa Securities has further decided to suspend and de-list the securities of the Company from the Official List of Bursa Securities pursuant to Paragraph 8.03(3A) of the Listing Requirements in the event:-

i. the Company fails to submit the proposed regularisation plan to the relevant authorities for approval within the Extended Timeframe;

ii. the Company fails to obtain the approval for the implementation of its regularisation plan and does not appeal within the timeframe (or extended timeframe, as the case may be) prescribed to lodge an appeal;

iii. the Company does not succeed in its appeal; or

iv. the Company fails to implement its regularisation plan within the timeframe or extended timeframes stipulated by the relevant authorities.

In this respect, upon the occurrence of any of the events set out in (i) to (iv) above:-

i. the trading of the securities of Awantec shall be suspended on the 6th market day from the date of notification of suspension by Bursa Securities or such other date as may be specified by Bursa Securities ("Suspension Date"); and

ii. the securities of the Company shall be de-listed and removed from the Official List of Bursa Securities upon the expiry of 2 market days from the Suspension Date, unless an appeal is submitted within 5 market days from the date of notification of de-listing by Bursa Securities ("Appeal Timeframe").

In the event Awantec submits an appeal within the Appeal Timeframe, the de-listing of the Company shall be deferred pending consideration of the Company’s appeal. However, the trading of the securities of Awantec shall be suspended on the Suspension Date even though the decision on the Company’s appeal is still pending.

In arriving at the aforesaid decision to suspend and de-list the Company, Bursa Securities had considered, amongst others, the following factors:-

i. Awantec had failed to regularise the Company’s condition in accordance with Paragraph 8.04(3) of the Listing Requirements and Paragraph 5.0 of PN17.

ii. All affected listed issuers under Paragraph 8.03A of the Listing Requirements are required to regularise their condition expeditiously within the timeframes prescribed in Paragraph 8.04(3) of the Listing Requirements and Paragraph 5.0 of PN17, or extended timeframe as may be granted by Bursa Securities.

iii. The requirement for companies to have an adequate level of operations served to ensure that companies listed on the Official List are of a certain minimum quality as well as to preserve and sustain market integrity and investors’ confidence.

iv. In Bursa Securities’ opinion, adequate time and opportunity had been accorded to Awantec to regularise its condition since the First Announcement on 29 January 2021.



This announcement is dated 13 October 2023.

Alipapapa

423 posts

Posted by Alipapapa > 4 weeks ago | Report Abuse

Target 20sen today.

Realrich

1,329 posts

Posted by Realrich > 4 weeks ago | Report Abuse

2 days limit down after that delisted. Because it want to fighting with government court case. SC confirm to delisted

Posted by comebackkid > 4 weeks ago | Report Abuse

So line up at 0.15 next week, hold and wait for Court to increase compensation and back to above 0.50?

Alipapapa

423 posts

Posted by Alipapapa > 4 weeks ago | Report Abuse

Awantec court case may take another 1-2 years time. Wait until that time, it may delist le.

Realrich

1,329 posts

Posted by Realrich > 4 weeks ago | Report Abuse

Come back kid awantec delisted. Can't trade already. SC is support government

Posted by Badaksumbuuu > 4 weeks ago | Report Abuse

Awantec mintak waiver of RP from Bursa . Krn mereka cakap business udah baek karang . Haizzzzz. Arini atau Jumaat akan tau samada Bursa kasi waiver atau tak. Kalau tak kasi waiver harap2 Bursa extend lagi 6 bulan . Arini Bursa GOM lawan balik court case tu .

Posted by Badaksumbuuu > 4 weeks ago | Report Abuse

Utk Awantec suspend , Bursa kena reject dua2 appeal Awantec. Complete waiver of RP atau extension of 6 months lagi utk siapkan RP.

Realrich

1,329 posts

Posted by Realrich > 4 weeks ago | Report Abuse

Normally can't extend because already more than 2 years no submit regulation plan. Furthermore fighting government. SC will delisted definitely

fl888

7,537 posts

Posted by fl888 > 4 weeks ago | Report Abuse

Many counters like Awantec, not under PN17 ..?

Realrich

1,329 posts

Posted by Realrich > 3 weeks ago | Report Abuse

Today last day to run. Monday delisted. Awantec want to fight court case. SC is government body confirm delisted awanbiru

11395861

397 posts

Posted by 11395861 > 3 weeks ago | Report Abuse

Why to delisted....financial solid ..
contract awarded by Moe
Nahrim n Redtone ...management good...n return Dr Abu hassan to handle awantech...be positive thinking.

Realrich

1,329 posts

Posted by Realrich > 3 weeks ago | Report Abuse

803a no submit the regulation plan. So SC going to delisted

jvw1520

101 posts

Posted by jvw1520 > 3 weeks ago | Report Abuse

@803a …. What make u say no submission of regulation plan???
Whereby …. Letter of appeal has been forwarded to SC?

11395861

397 posts

Posted by 11395861 > 3 weeks ago | Report Abuse

When status ALI will be reply by bursa

Posted by Paktua Second > 2 weeks ago | Report Abuse

Tomorrow

11395861

397 posts

Posted by 11395861 > 2 weeks ago | Report Abuse

Tomorrow....Paktua Second.....you are bluff

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