KANGER INTERNATIONAL BERHAD

KLSE (MYR): KANGER (0170)

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Last Price

0.04

Today's Change

-0.005 (11.11%)

Day's Change

0.04 - 0.045

Trading Volume

142,500


15 people like this.

32,328 comment(s). Last comment by OKU_2020 5 days ago

rr1688

3,170 posts

Posted by rr1688 > 2021-09-11 19:56 | Report Abuse

airbnb target price usd210...KANGER target price usd21...

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-11 21:00 | Report Abuse

no lar... y not say 21sen rupee... if u want talk lapsup.. make it total lupsup lor...

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-12 00:05 | Report Abuse

Sung master profit, sung mastsr profit
Apa l4nc4u 6 sen pun xboleh cabut

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-12 00:23 | Report Abuse

bilis no need run... no leg mar... only can swim... kah!!!

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-12 00:24 | Report Abuse

some more masin... mean si jo... cao jo... bian ham yu jo...

Peace99

2,264 posts

Posted by Peace99 > 2021-09-12 10:29 | Report Abuse

Expecting up or maintain on Monday. Basic reasoning: No urgency to sell, those who needed to sell to get fund for subscription of RI had sold on Friday.

xiaohe128

72 posts

Posted by xiaohe128 > 2021-09-12 11:01 | Report Abuse

pls..this company is 大炮仙...pls dont buy this

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-12 11:10 | Report Abuse

is up to u... da po or else... u decide... pls dun call any buy sell...

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-12 11:11 | Report Abuse

if u call any buy sell or else... mean u r belakang ppl... u must had back door purpose...

Posted by whistlebower99 > 2021-09-12 15:26 | Report Abuse

So much news to boost the RIGHTS ISSUE SUBSCRIPTION rate.

https://www.nst.com.my/business/2021/09/725001/kangers-new-acquisition-sung-master-deliver-strong-profit-fy21?fbclid=IwAR04Mu44xb_K7EpvoTvi7RldPq-nVgIsXYvtzdQdYDMWLL47FZYa575je1M

Lots of money flowing out from company funds.

51.0% EQUITY INTEREST IN SUNG MASTER, FOR A PURCHASE CONSIDERATION OF RM94,789,436 TO BE SATISFIED VIA A COMBINATION OF CASH PAYMENT OF RM51,999,999.62 AND THE REMAINING PURCHASE CONSIDERATION OF RM42,789,436.38 TO BE SATISFIED VIA AN ISSUANCE AND ALLOTMENT OF 713,157,273 NEW ORDINARY SHARES OF KANGER ("KANGER SHARE(S)") AT THE ISSUE PRICE OF RM0.06 PER KANGER

RM142 mil. for purchase of 126 units of serviced suite in ANTARA@Genting Highlands

Both transactions involving shares issuance of more than 3.5 billion shares.

Are these transactions beneficial to company and shareholders?

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-12 16:36 | Report Abuse

how many time u need copy and paste???? i wonder can u ever can get lost for 2 day???

Posted by whistlebower99 > 2021-09-12 19:35 | Report Abuse

Purchase of sung master not yet completed, talking as though already making profit for company. Misleading newbies.

Purchase of 126 serviced units still under development and scheduled to complete in 2024 if no delay(hard to believe). Now waiting for RI completion for money to flow out to aset kayamas. Still long way to talk about profits.

rr1688

3,170 posts

Posted by rr1688 > 2021-09-12 19:39 | Report Abuse

hardware company DIY share price from RM1.75 increase to RM3.90...awesome...

rr1688

3,170 posts

Posted by rr1688 > 2021-09-12 19:40 | Report Abuse

airbnb target price usd210...KANGER target price usd21...

MZM2511

4,553 posts

Posted by MZM2511 > 2021-09-12 19:44 | Report Abuse

whistlebower99

So many ill intention information by the ill-intention spammer like you. Misleading because only try to point on negativity only.

---------------
Why Issue a Rights Offering?

Companies most commonly issue a rights offering to raise additional capital. A company may need extra capital to meet its current financial obligations. Troubled companies typically use rights issues to pay down debt, especially when they are unable to borrow more money.

However, not all companies that pursue rights offerings are in financial trouble. Even companies with clean balance sheets may use rights issues. These issues might be a way to raise extra capital to fund expenditures designed to expand the company's business, such as acquisitions or opening new facilities for manufacturing or sales. If the company is using the extra capital to fund expansion, it can eventually lead to increased capital gains for shareholders despite the dilution of the outstanding shares as a result of the rights offering.

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-12 20:31 | Report Abuse

Rr1688 should become rr1644

rr1688

3,170 posts

Posted by rr1688 > 2021-09-13 00:28 | Report Abuse

hardware company HIAPTEK share price from RM0.12 increase to RM0.61 ...awesome...

rr1688

3,170 posts

Posted by rr1688 > 2021-09-13 00:29 | Report Abuse

airbnb target price usd210...KANGER target price usd21...

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-13 07:57 | Report Abuse

Kau mabuk minum ape si siaaaa rr1688

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-13 07:58 | Report Abuse

KahKahkahkah

Kanger target price usd21

Kahkahkahkagkah.

Sepuluh sen ringgit malaysia pun tak boleh lepas

Posted by whistlebower99 > 2021-09-13 09:20 | Report Abuse

FOR NEW NEWBIES

=================================
Ex-date = 27 Aug 2021 (COMPLETED)
Ex-Price = 0.05
Price per rights share = 0.06
==========================

Trading Rights (OR) = 01 Sep 2021 - 7 Sep 2021 (COMPLETED)
OR price at 0.005 seller quote for the entire trading period
==============================================

NEXT DATE TO NOTE
Acceptance and Payment = 15 Sep 2021 05:00 PM
Date for announcement of final subscription result 23 Sep 2021
Listing Date = 30 Sep 2021
=============================

Current Total issued share = 2,796,130,182
Assuming RI is fully subscribed,
Total issued shares = 5,592,260,364
New WB = 2,796,130,182
=======================================

From end of OR trading date ( 7 Sep 2021) to Acceptance and Payment (15 Sep 2021)

Operators might be disposing off their original shares at 6sen or more and use the sales proceed to support the RI exercise.

Wait for Date for announcement of final subscription result 23 Sep 2021
========================================================

Be reminded that the RI application closing date is 15 Sep 2021
===============================================

NB: LAMBO RI LISTING TODAY

rr1688

3,170 posts

Posted by rr1688 > 2021-09-13 10:33 | Report Abuse

MALAYSIA FDI up 220 % 1st half of 2021...airbnb target price usd210...KANGER target price usd21...

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-13 10:36 | Report Abuse

Airbnb airbnb
Tolol

Kahkahkahkah

rr1688

3,170 posts

Posted by rr1688 > 2021-09-13 10:39 | Report Abuse

tourism operators are seeing a surge in booking into langkawi holidays packages...MALAYSIA BOLEH...KANGER BOLEH...airbnb target price usd210...KANGER target price usd21...

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-13 10:44 | Report Abuse

KAHKAHKAHKAHKAHKAH

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-13 11:19 | Report Abuse

bilis kah!!!!

Superup96

29 posts

Posted by Superup96 > 2021-09-13 11:49 | Report Abuse

Do you guys subscribe? really undecided

MZM2511

4,553 posts

Posted by MZM2511 > 2021-09-13 12:08 | Report Abuse

@Superup96. Just my plan. Wait until morning 15 Sept to decide. If the price 6.5 sen or above, I subscribe. If below than 6 sen, absolutely will not subscribe, but will not sell the existing shares.

You can make your own decision. Or any other suggestions here?? TAYOR

Superup96

29 posts

Posted by Superup96 > 2021-09-13 12:29 | Report Abuse

I'm sure I don't subscribe if the price below 0.065.Feeling every disappointment de for this Price easily to jump, hard to up

Posted by newbie212 > 2021-09-13 14:15 | Report Abuse

Some people planning to subscribe on 15th Sept , but based on email i get below i cannot subscribe RI anymore.
still newbie, please clarify
RIGHTS ISSUE

To subscribe, please log-in to your account at http://www.rakutentrade.my > "Corporation Action Subscription" > "My Account". Please note payment must reach by 2021-09-07 18:00:00 otherwise, the subscription shall be deemed unsubscribe.

Superup96

29 posts

Posted by Superup96 > 2021-09-13 14:22 | Report Abuse

Maybe it's good for you, not to have subscriber. Looks on the price now. Haha

Posted by newbie212 > 2021-09-13 14:31 | Report Abuse

but just incase price rise tomorrow or on wednesday...finger crossed

MZM2511

4,553 posts

Posted by MZM2511 > 2021-09-13 14:31 | Report Abuse

Superup96 Maybe it's good for you, not to have subscriber. Looks on the price now. Haha
-----------------
We have another 2 trading days which are 13/9 and 14/9 before the last date to subscribe and pay for the right issue on 15/9.

Hope for the price keeping in upward momentum and trading higher than 6 sen.

Posted by newbie212 > 2021-09-13 14:34 | Report Abuse

MZM2511
but how do i subscribe for RI because rakuten said the payment must reach by 7th Sept

MZM2511

4,553 posts

Posted by MZM2511 > 2021-09-13 14:38 | Report Abuse

@newbie212. I'm going to use e-RSF if want to subscribe for the RI.

Going to use www.shareworks.com.my

-------------
Based on Kanger Abridged Prospectus (page 63).

11.5.2 By way of e-RSF
The electronic submission of the e-RSF is available to you upon your login to our Share Registrar's investor portal at www.shareworks.com.my. You are advised to read the instructions as well as the terms and conditions of the electronic submission of the e-RSF.
Entitled Shareholders who wish to subscribe for the Rights Issue with Warrants and apply for the Excess Rights Issue with Warrants by way of electronic submission of the e-RSF, shall take note of the following:-
(a) the electronic submission of the e-RSF will be closed at 5.00 p.m. on Wednesday, 15 September 2021. All valid electronic submission of the e-RSF received by our Share Registrar is irrevocable and cannot be subsequently withdrawn;

Posted by whistlebower99 > 2021-09-13 14:46 | Report Abuse

newbie212, your account with rakuten is a nominee account under Rakuten a/c. You cannot apply direct for the rights but have to go thru Rakuten.
Rakuten silent on this unless you know the difference and ask them about it.

You can open a direct a/c under your name. Can try MPLUS

Posted by newbie212 > 2021-09-13 15:18 | Report Abuse

Thank you MZM2511 & whistlebower99 for your kind assistance, appreciate it a lot

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-13 15:55 | Report Abuse

KANGER INTERSCAMNATIONAL

rr1688

3,170 posts

Posted by rr1688 > 2021-09-13 18:15 | Report Abuse

if you believe ...you will succeed...RADUCANU...airbnb target price usd210...KANGER target price usd21...

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-13 20:33 | Report Abuse

T0L0L

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-13 20:33 | Report Abuse

Usd21

Kahkahkahkah

L4nC4u 4444

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-13 21:40 | Report Abuse

bilis kah!!! so cheap plug...

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-13 22:34 | Report Abuse

Yeah, cheap as 6 cents

Kahkahkahkahkakah

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-13 23:45 | Report Abuse

bilis kah!!! cheap as 0.6sen... u not worth 6sen...

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-13 23:47 | Report Abuse

as some ask need subscribe RI.. more over is up to u... as yes, u may get even lower price from market, but no free warrant.. warrant worth?? i dunno... for me as long as FOC why no take...

MadCow75

3,091 posts

Posted by MadCow75 > 2021-09-13 23:50 | Report Abuse

so if u like bilis gang, feel this is con, fake, cheap plug... then let it be... this is bursa... no risk no gain...

BilisMasin

966 posts

Posted by BilisMasin > 2021-09-14 01:33 | Report Abuse

Trash counter

Free warrant ?
Kahkahkahkah

Bagi RI free pun tak boleh cabut 0.005

Posted by alvinchua87 > 2021-09-14 07:26 | Report Abuse

Time to fly soon

Posted by whistlebower99 > 2021-09-14 08:18 |

Post removed.Why?

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