DEALINGS IN QUOTED SECURITIES UNDER RULE 9.20 OF THE ACE MARKET LISTING REQUIREMENTS
________________Amount (RM)________________% of LKL’s latest audited consolidated net assets (a) Aggregate purchase consideration within the preceding twelve (12) months which has not been announced______________10,775,005.00____8.28%
(b) Investment in quoted securities as at 28 June 2023 - Total Cost 10,775,005.00
STRIPPING ASSETS, NON-STOP LOSSES... HIDDEN HAND GANG? HAHAHA 0182 LKL LKL INTERNATIONAL BERHAD TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) LKL INTERNATIONAL BERHAD ("LKL" OR "THE COMPANY")PROPOSED DISPOSAL OF A PIECE OF FREEHOLD LAND TOGETHER WITH A UNIT OF THREE (3) STOREY SEMI-DETACHED FACTORY ERECTED THEREON BY LKL ADVANCE METALTECH SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY FOR A TOTAL CASH CONSIDERATION OF RM6,900,000.00 You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
WANG2 DISELEWENGKAN DENGAN KERUGIAN YG BESAR , QUARTERLY???? SILAP LABUR WANG LEBUR WAKAKAKA
Monday, 27 Nov 2023 6:10PM LKL MEMORANDUM OF UNDERSTANDING 6:09PM LKL Nine-month net loss 7.038 million Tuesday, 10 Oct 2023 5:56PM LKL TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) Friday, 25 Aug 2023 5:56PM LKL MEMORANDUM OF UNDERSTANDING 5:56PM LKL 1H net loss 8.083 million
ACGA analyst Chris Leahy said regulators' efforts are hampered by political interference and material delays in cases that are prosecuted through the Attorney General's Office, even where SC has the right of audience as deputy prosecutors.
"We have seen this in some high-profile market manipulation, insider dealing and corruption cases where actions against certain subjects are inexplicably dropped despite material evidence to support prosecution."This casts serious doubts on Malaysia's appetite to tackle political and business corruption."
Leahy said despite creditable efforts by SC and Bursa Malaysia to enforce securities violations such as insider trading and market manipulation, these issues continue to be a material problem for Malaysia's securities markets.
Many of these problems occur among small-cap companies listed on Bursa Malaysia that have smaller free floats and are easier for insiders and market syndicates to control and manipulate
Executives from SC and Bursa Malaysia, during a discussion admitted that this issue continues to be problematic for Malaysia's markets, he said.This shows they have a difficult job to do, added Leahy.
With the prevalence of political influence within the legal systems and the ability of certain insiders to exploit their influence to ensure legal impunity, issues with insider trading and market manipulation are unlikely to improve without a sea of change within Malaysia's political system.
"This change is not something that will happen overnight, if at all," said Leahy.
Announced Date Change Type Shares Name 17 Apr 2023 17 Apr 2023 Disposed 0 FOCUS DYNAMICS GROUP BERHAD 04 Apr 2023 28 Mar 2023 Others 14,607,120 MR ANG KIAN YOU 31 Mar 2023 28 Mar 2023 Acquired 47,010,000 BOTANICAL DISTRIBUTION SDN. BHD. 29 Mar 2023 24 Mar 2023 Acquired 1,498,500 MR ANG KIAN YOU 15 Feb 2023 13 Feb 2023 Acquired 531,000 MR ANG KIAN YOU
Investment Holding Segment This segment continues to register a loss on fair value of the quoted investments of RM6.108 million resulting in an operating loss of RM6.765 million for the current financial period.
LKL’s 193,931,375 Warrants issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of Bursa Securities and the listing and quotation of the Warrants on the ACE Market will be granted with effect from 9.00 a.m., Tuesday, 28 March 2023. ---------- Issue price of RM0.17 per Rights Share (with free warrant).. Major subscriber was Botanical Distribution Sdn. /Bhd.BIOALPHA HOLDINGS BERHAD with 47,010,000 shares subscribed.
I'm a newbie here. I know this company is a playfield of the said kepala taik group.. But among other company in the said group, this one I think among the safe one, fundamentally, at least for short term.
ACGA analyst Chris Leahy said regulators' efforts are hampered by political interference and material delays in cases that are prosecuted through the Attorney General's Office, even where SC has the right of audience as deputy prosecutors.
"We have seen this in some high-profile market manipulation, insider dealing and corruption cases where actions against certain subjects are inexplicably dropped despite material evidence to support prosecution."This casts serious doubts on Malaysia's appetite to tackle political and business corruption."
Leahy said despite creditable efforts by SC and Bursa Malaysia to enforce securities violations such as insider trading and market manipulation, these issues continue to be a material problem for Malaysia's securities markets.
Many of these problems occur among small-cap companies listed on Bursa Malaysia that have smaller free floats and are easier for insiders and market syndicates to control and manipulate.
Executives from SC and Bursa Malaysia, during a discussion admitted that this issue continues to be problematic for Malaysia's markets, he said.This shows they have a difficult job to do, added Leahy.
With the prevalence of political influence within the legal systems and the ability of certain insiders to exploit their influence to ensure legal impunity, issues with insider trading and market manipulation are unlikely to improve without a sea of change within Malaysia's political system.
"This change is not something that will happen overnight, if at all," said Leahy.
Noted some comments . Net asset value is 44 cents. Likely this counter has room to improve its financial position with its business related medical beds and other medical necessities for a better economic performance in regards to increase of Covid cases recently. Suggest to buy if it stops to move downward for a short term gain especially on its warrant price of 3 cents to aim for 6 - 7 cents and mother shares of 16-16.5 cents to 20-22 cents in weeks period.
Malaysia patut ikut cara China, delist sykt2 yg tak baik, dll.
The number of companies delisted from China’s stock markets are approaching a record high this year, with about half of them losing their listing status after languishing below par value.
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Stocker
1,473 posts
Posted by Stocker > 2023-05-10 10:00 | Report Abuse
Coming le gua?