KANGER INTERNATIONAL BERHAD

KLSE (MYR): KANGER (0170)

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Last Price

0.05

Today's Change

0.00 (0.00%)

Day's Change

0.045 - 0.05

Trading Volume

715,600


15 people like this.

32,299 comment(s). Last comment by MZM2511 5 hours ago

MZM2511

4,533 posts

Posted by MZM2511 > 1 month ago | Report Abuse

Details of corporate proposal Private placement of up to 20% of the total number of issued shares of Kanger International Berhad
No. of shares issued under this corporate proposal 30,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0535
Listing Date 01 Jul 2024

eatsmall

1,552 posts

Posted by eatsmall > 1 month ago | Report Abuse

Habis sudah 1/2 tahun..

Posted by BoonBoon69 > 1 month ago | Report Abuse

It's been a week since OKU_2020's last post , is he died??? Man, i hope he's ok, i really like that clown, we need clown like him to spice up our life a bit....

MZM2511

4,533 posts

Posted by MZM2511 > 1 month ago | Report Abuse

3. EQUITY
Share Capital RM 433,234,000
Reserves / (accumulated losses) (RM 206,530,000)
Shareholders’s equity RM 226,704,000
Non-Controlling Interest RM 0
TOTAL EQUITY RM 226,704,000
---------
Mid-term still safe... Has rooms for improvement... TAYOR

MZM2511

4,533 posts

Posted by MZM2511 > 1 month ago | Report Abuse

Even the worst BPuri still surviving and kicking... He He

OKU_2020

4,814 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

NO hope
Back to Kaput-ing mode
TP ?....
Mom kanger 4 -5 sen , ...WB -Very out of money ( conversion 50 sen ) , TP WB coffin liao

OKU_2020

4,814 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

A BOMB.....

OKU_2020

4,814 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

TSUNAMI this morning......A BOMB too
BEWARE

OKU_2020

4,814 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

Tsunamee warning......😭

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI.
This announcement is dated 15 July 2024.

================

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - HM, MQTECH, XOX, VIZIONE, KGROUP
2024 completed - DESTINI, AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
2023 completed = JOE, ICON, MMAG, KOMARK, GOCEAN, AIM, DOLPHIN, DGB, VSOLAR, MERIDIAN, PASUKGB, EDUSPEC
2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST
BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

Retail investors trapped at high price incurred huge losses caused by share consolidation

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
21 Jan 2022 08 Feb 2022 Share Consolidation 1.0000 : 10.0000
16 Aug 2021 27 Aug 2021 Rights Issue (warrant) 1.0000 : 1.0000 0.0600
27 Mar 2015 08 Apr 2015 Others (warrant) 1 : 2 View
26 Aug 2014 09 Sep 2014 Bonus Issue 1 : 5 View

Mostly losses in last 5 years

https://www.klsescreener.com/v2/stocks/view/0170/kanger-international-berhad

Check P/L and Capital Changes

=====================
NOSH = 761,581,371 approaching 1 BILLION shares again after share consolidation in Feb 2022

Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc

Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc

===========
Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc

OKU_2020

4,814 posts

Posted by OKU_2020 > 1 month ago | Report Abuse

Getting WORST....
CON counter
Be prepared to be BEHEADED..liao

Posted by whistlebower99 > 3 weeks ago | Report Abuse

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc

MZM2511

4,533 posts

Posted by MZM2511 > 3 weeks ago | Report Abuse

On behalf of the Board, UOBKH wishes to announce that it had, on 30 July 2024, submitted the application to Bursa Securities to seek its approval for an extension of time for the Company to implement and complete the Private Placement.
---------
Have to wait @ a longer time for the next cycle of GORENG for Kanger to be started???

Posted by whistlebower99 > 3 weeks ago | Report Abuse

Directors still in love with fund raising via massive shares issuance to PP, ESOS, RI, etc
NOSH continue to rise, eventually will hit Billion shares again.
Shareholder equity % and EPS continue to be diluted

OKU_2020

4,814 posts

Posted by OKU_2020 > 2 weeks ago | Report Abuse

👹..pergghhh
gone case 👺

calvintaneng

56,026 posts

Posted by calvintaneng > 2 weeks ago | Report Abuse

Dead rat?

Sell one deadrat at 5 sen can buy two Talam at 2.5 sen

Talam dead fish come back to live

Talam Assets are Prime Lands

TALAM (2259) SELLING ASSET TO UNLOCK CASH PLUS RM26.6 MILLION PROFIT (ASSET PLAY IN MOTION) Calvin
Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-05-story-h-155111623-TALAM_2259_SELLING_ASSET_TO_UNLOCK_CASH_PLUS_RM30_MILLION_PROFIT_ASSET_

OKU_2020

4,814 posts

Posted by OKU_2020 > 2 weeks ago | Report Abuse

Roasted to DEAD RAT.....👿
Further BEHEADING👹
Beyond Repair 😡
COFFIN Warrant WB 👹
MZM ?,,,Wiped out edi ...NOW HIDING IN CLOSET 24 hrs 👺

M55555

1,043 posts

Posted by M55555 > 2 weeks ago | Report Abuse

A joker doing marketing here for Talam? hahahaaa.. must have been stuck in 2.5sen for a long time trying to con other to buy his way out. NOSH over 4 billion.. 2.5sen forever ya... stop selling rubbish everywhere

MZM2511

4,533 posts

Posted by MZM2511 > 2 weeks ago | Report Abuse

@OKU_2020. Cut loss half...
Have a plan to buy it back @ lower price.

Anyways, when the dark clouds settle...
I am expecting for the next cycle of GORENG for Kanger......
For me the price should not fall much below than 5.5 sen... If they want the PP successfuly done.
TAYOR

OKU_2020

4,814 posts

Posted by OKU_2020 > 2 weeks ago | Report Abuse

@OKU_2020. Cut loss half...
Have a plan to buy it back @ lower price.

Anyways, when the dark clouds settle...
I am expecting for the next cycle of GORENG for Kanger......
For me the price should not fall much below than 5.5 sen... If they want the PP successfuly done.
TAYOR
-------------
Ohh... Veli soli😥 to hear that Mr MZM cutting his BIRD
Be Patient ...After all - it's normal ( infact A MACHO💪 act ) in stock trading

MZM2511

4,533 posts

Posted by MZM2511 > 2 weeks ago | Report Abuse

Full of Tai chi acts, this management of Kanger!!!!!

MZM2511

4,533 posts

Posted by MZM2511 > 2 weeks ago | Report Abuse

Another Nexgram No. 2 in the making???

MZM2511

4,533 posts

Posted by MZM2511 > 2 weeks ago | Report Abuse

integrity in doubt.... TAYOR...

Posted by whistlebower99 > 2 weeks ago | Report Abuse

MZM,

MULTIPLE PROPOSALS | https://www.klsescreener.com/v2/announcements/view/7590621

============
Purchase of 126 units of apartments reduced to 73 units!!!!
Apa sudah jadi?

Unit price sure already appreciated but 53 units returned to Aset Kayamas.
Who making the profits from the 53 units now?

MZM2511

4,533 posts

Posted by MZM2511 > 2 weeks ago | Report Abuse

As I said, their integrity is in doubt!!!!!
My plan, will look @ the incoming QR3 2024...
Will make decision based on the qr results - whether to keep investing or fully out from this counter. TAYOR

Posted by whistlebower99 > 2 weeks ago | Report Abuse

MZM, a case for macc?

MZM2511

4,533 posts

Posted by MZM2511 > 2 weeks ago | Report Abuse

As per what has been done @ Nexgram....

Management will do it according to the law and procedures...
But, their integrity which is in doubt is refering to management efficiency and management accountability to the company's minority shareholders... TAYOR

MZM2511

4,533 posts

Posted by MZM2511 > 2 weeks ago | Report Abuse

They have the power in the board and also have the power in sort of voting power in AGM or EGM....
All of their decisions and tai chi acts will be legalised!!!!!

BE_GREEEEEDY

1,730 posts

Posted by BE_GREEEEEDY > 2 weeks ago | Report Abuse

W Buffett >>
BE. GREEEEEEEDY when others are SHIVERINGG >> SURE $$$$$

Posted by whistlebower99 > 1 week ago | Report Abuse

MZM, embezzlement of company fund is illegal....
One public listed company officials have been identified and arrested by MACC

MZM2511

4,533 posts

Posted by MZM2511 > 1 week ago | Report Abuse

If we have any concrete evidences, we can report those illegal acts....

Actually, insiders or any person with insiders information can have details of any illegal acts done by company's management...
We minority shareholder have limited information. It's only from what we get from the announcements by the company....

Posted by whistlebower99 > 1 week ago | Report Abuse

FOR NEWBIES

I. PROPOSED VARIATION; AND
II. PROPOSED CAPITAL REDUCTION

i. a proposed variation to the terms of the sale and purchase agreement ("SPA") dated 24 February 2021, entered into between Kanger Ventures Sdn Bhd ("Kanger Ventures") (a wholly-owned subsidiary of Kanger) and Aset Kayamas Development Sdn Bhd (formerly known as Aset Kayamas Sdn Bhd) ("AKDSB" or the "Developer") for the acquisition of 126 units of proposed serviced apartments located on the 30th to 45th floors of Tower A, Antara, Genting Highlands, sited on a piece of freehold land held under Title No. GRN 45572, Lot 43031, Mukim and District of Bentong, Pahang Darul Makmur ("Subject Properties") ("Proposed Variation"); and

ii. a reduction of the issued share capital of Kanger pursuant to Section 116 of the Companies Act, 2016 ("Act") ("Proposed Capital Reduction").

The Proposed Variation and Proposed Capital Reduction are collectively referred to as the "Proposals".

Further details of the Proposals are set out in the attachment enclosed.
This announcement is dated 9 August 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3472331

==============
Directors unable to pay for price of 126 units resulting in reduction to 73 units
53 units returned to developer to make more money as unit price has gone up???

Apa sudah jadi ?


M55555

1,043 posts

Posted by M55555 > 1 week ago | Report Abuse

Before buying, didn't know how much they have and capable to pay ? 53 units is a lot of money. A group of clowns running the company?

Posted by whistlebower99 > 1 week ago | Report Abuse

Developer Aset Kayamas thankful to Kanger directors to sign up for 126 units 2,3 years ago, helping developer to boost their accounting book during covid period.

Developer Aset Kayamas now also thankful to Kanger directors for releasing 53 units back to them to sell at higher market price

Both Aset Kayamas and Kanger directors must be very happy with above transactions

Just the retail investors like MZM are fuming

OKU_2020

4,814 posts

Posted by OKU_2020 > 1 week ago | Report Abuse

MZM2511@
Another Nexgram No. 2 in the making???
========================
Hmmm....This time got to agree 99.9 % with Mr MZM a k a BIRDLESS MZM
Proven KANGER 👺 = 😈 NEXGRAM 2.0
& now warrant WB almost👹 COFFIN
pity to those trapped liao & on suffering especially INNOCENT 😭 NEWBIES
Seems NO way out -many to slash /cut 😥 their " BIRDS " like him@ ?.(Birdless MZM🤣)
BTW Kanger's CONSOLIDATION 😈 is COMING

Posted by whistlebower99 > 1 week ago | Report Abuse

Encorp suspends group CEO to facilitate internal probe after MACC allegations
https://theedgemalaysia.com/node/722522

Posted by BoonBoon69 > 1 week ago | Report Abuse

To MZM2511, after this, if you want to invest in any counter, please keep it a secret until you sold that investment and gain money. Otherwise, this monkey OKU_2020 will hunt you down. My Malay friends always told me that there are many people like this clown OKU_2020...They've nicknamed a person like this as "Melayu Mata Merah"....

MZM2511

4,533 posts

Posted by MZM2511 > 1 week ago | Report Abuse

Thanks @BoonBoon69...

MZM2511

4,533 posts

Posted by MZM2511 > 1 week ago | Report Abuse

Dear OKU_2020. Enough is enough... The old ponda.man is getting vibrated.... Goyang , goyang sampai keluar angin... He He He..
-------
Anyways....

@OKU_2020. Cut loss half...
Have a plan to buy it back @ lower price.

Anyways, when the dark clouds settle...
I am expecting for the next cycle of GORENG for Kanger......
For me the price should not fall much below than 5.5 sen... If they want the PP successfuly done.
TAYOR

6 days ago
--------
As I said, their integrity is in doubt!!!!!
My plan, will look @ the incoming QR3 2024...
Will make decision based on the qr results - whether to keep investing or fully out from this counter. TAYOR

3 days ago

Posted by LeverageLuminary > 1 week ago | Report Abuse

counter pariah

Posted by whistlebower99 > 4 days ago | Report Abuse

FOR NEWBIES

PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF KANGER ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board, UOBKH wishes to announce that Bursa Securities had, vide its letter dated 19 August 2024, resolved to grant the Company an extension of time of 6 months from 19 August 2024 to 18 February 2025 for the implementation of the Private Placement.

This announcement is dated 19 August 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3474480

https://www.klsescreener.com/v2/stocks/view/0170/kanger-international-berhad

==============
Expect directors to do more fund raising via shares issuance to PP, ESOS, RI in near future

NOSH (currently 761,581,371) will continue to rise and eventually exceed BILLION shares again

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition

MZM2511

4,533 posts

Posted by MZM2511 > 3 days ago | Report Abuse

Anyways, when the dark clouds settle...
I am expecting for the next cycle of GORENG for Kanger......
For me the price should not fall much below than 5.5 sen... If they want the PP successfuly done.
TAYOR

JJPTR

125 posts

Posted by JJPTR > 3 days ago | Report Abuse

In Malaysia, just like corruption, enforcement a result, against useless and rotten plc is very poor. As a result, billions of retailers money were siphoned off through loopholes of RI/PP/esos allowed by SC. SC should be shut down for gaji buta job.

OKU_2020

4,814 posts

Posted by OKU_2020 > 5 hours ago | Report Abuse

A friendly advice 👍to our friend @ Mr MZM a k a BIRDLESS MZM....

Advice # 1 >> Don't fall in LOVE with any stock / counter .....found that he was madly in LOVE previously with 🤩😍NEXGRAM & now 🤩KANGER & Kanger-WB......till he got trapped & no way out ....finally resorted to cut his own lovely BIRD .....and now pity him .....a BIRDLESS. MZM 👹...😥

Advice # 2 >> Follow Advice # 1💪

OKU_2020

4,814 posts

Posted by OKU_2020 > 5 hours ago | Report Abuse

MZM2511@
Another Nexgram No. 2 in the making???
========================
Hmmm....This time got to agree 99.9 % with Mr MZM a k a BIRDLESS MZM
Proven KANGER 👺 = 😈 NEXGRAM 2.0
& now warrant WB almost👹 COFFIN
pity to those trapped liao & on suffering especially INNOCENT 😭 NEWBIES
Seems NO way out -many to slash /cut 😥 their " BIRDS " like him@ ?.(Birdless MZM🤣)
BTW Kanger's CONSOLIDATION 😈 is COMING

MZM2511

4,533 posts

Posted by MZM2511 > 5 hours ago | Report Abuse

The old ponda.man OKU_2020 is continously in partying.... Goyang , goyang sampai keluar angin... He He He.

MZM2511

4,533 posts

Posted by MZM2511 > 5 hours ago | Report Abuse

My plan, will look @ the incoming QR3 2024...
Will make decision based on the qr results - whether to keep investing or fully out from this counter. TAYOR

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