ZEN TECH INTERNATIONAL BERHAD
KLSE (MYR): ZENTECH (0094)
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Last Price
0.02
Today's Change
0.00 (0.00%)
Day's Change
0.015 - 0.02
Trading Volume
30,448,000
Analysis
Price Target
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
0.02
Avg Target Price
Upside/Downside
Price Call
0
SELL
0
HOLD
0
BUY
| Date | Open Price | Target Price | Upside/Downside | Price Call | Firm | View | Action |
|---|
Discussions
13 people like this. Showing 50 of 12,599 comments
Important Relevant Dates for Renounceable Rights
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,616,864,884 NEW ORDINARY SHARES IN ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 PM. ON 9 JANUARY 2023 AT AN ISSUE PRICE OF RM0.015 PER RIGHTS SHARE, TOGETHER WITH UP TO 1,077,909,922 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Despatch Date
11 Jan 2023
2 months ago
Hi... I'm newbies, I received OR so i need some explaination of OR from otai2 here. What to do with this OR... Do I need to sell it now or not? Is this like warrant have expired date or not... Tq
2 months ago
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3317234
ZENTECH - Notice of Rights Entitlement
ZEN TECH INTERNATIONAL BERHAD
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,616,864,884 NEW ORDINARY SHARES IN ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 9 JANUARY 2023 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.015 PER RIGHTS SHARE, TOGETHER WITH UP TO 1,077,909,922 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Kindly be advised of the following :
1) The Right commence of trading : 10 Jan 2023
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 11 Jan 2023
3) The last day and time for Acceptance, Renunciation and Payment : 26 Jan 2023
4) The Rights cessation quotation : 17 Jan 2023
The Stock Short Name, Number and ISIN Code ZENTECH-OR, 0094OR and MYQ0094OR004
Remarks :
The last date and time for acceptance of and payment for the Rights Shares as well as the last date and time for excess Rights Shares application and payment are as stated above.
2 months ago
FOR NEWBIES
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,616,864,884 NEW ORDINARY SHARES IN ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 9 JANUARY 2023 AT AN ISSUE PRICE OF RM0.015 PER RIGHTS SHARE, TOGETHER WITH UP TO 1,077,909,922 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3320316
===============
Massive fund raising by directors via shares issuance to RI
Shareholders need to take out more money to contribute to fund raising
===============
1) The Right commence of trading : 10 Jan 2023
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 11 Jan 2023
3) The last day and time for Acceptance, Renunciation and Payment : 26 Jan 2023
4) The Rights cessation quotation : 17 Jan 2023
===============
Upon completion of RI,
NOSH will exceed 2 BILLION shares = 2,425,297,326
New Warrant (max scenario) = 1,077,909,922
Heavy mother with a big baby
https://www.klsescreener.com/v2/stocks/view/0094/zen-tech-international-berhad
===============
Expect directors to continue to raise more fund via shares issuance to PP, ESOS or to acquire assets from friendly parties.
===============
TAYOR, set realistic target
2 months ago
FOR NEWBIES
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,616,864,884 NEW ORDINARY SHARES IN ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 9 JANUARY 2023 AT AN ISSUE PRICE OF RM0.015 PER RIGHTS SHARE, TOGETHER WITH UP TO 1,077,909,922 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 03 Feb 2023
Acceptance and Payment 26 Jan 2023 05:00 PM
Excess share application and payment 26 Jan 2023 05:00 PM
Available/Listing Date 13 Feb 2023
Ratio (New : Existing) 2.0000 : 1.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.0150
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3317146
=================
Take note of important dates if you intend to subscribe for the rights issue
1 month ago
FOR NEWBIES
Available/Listing Date 13 Feb 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3325736
1,616,864,884 rights issue shares to be listed on 13 Feb 2023
NOSH = 2,425,297,326 upon listing of above shares
New warrant = 1,077,909,922 (maximum scenario)
=============
Operators pushed and sold at high price since Ex-date in January
=============
Rights issue price = RM0.015 per rights share
Wait for listing date to see if retailer shareholders able to make quick profit from the rights shares
=============
TAYOR
1 month ago
FOR NEWBIES
ZENTECH rights shares listed today 13 Mar 2023
ZENTECH price has dropped from high of 7.5sen to 2.5sen
Will it drop further below the rights issue price of 1.5sen ???
Directors collected more than RM24million from the rights issue exercise
Easy and convenient way of getting money from shareholders
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
==================
TAYOR
1 month ago
Support level is dere to buffer further dips & rebounds are expected anytime. B patient
1 month ago
FOR NEWBIES
List of some penny stocks with NOSH exceeding 2 BILLION shares :-
AEM = 2,163,629,262, AT = 6,000,621,899, BCMALL = 2,034,112,087,
BORNOIL = 9,676,617,079, BPURI = 2,076,941,137, COMPUGT = 4,583,642,235,
FINTEC = 5,922,797,474, FOCUS = 6,372,205,736, EAH = 6,451,720,230,
EDUSPEC = 3,046,287,361, G3 = 2,902,753,548, GOCEAN = 2,111,592,400,
JOE = 3,059,119,200, KGROUP = 3,678,171,440, MMAG = 2,422,391,577,
PHB = 10,821,177,771, TAWIN = 3,423,995,038, TWL = 3,983,289517,
VIZIONE = 2,047,680,892, VSOLAR = 4,834,933,699, XOX = 5,050,830,575,
TALAMT = 4,295,279,562, XDL = 2,116,225,664, ZENTECH = 2,425,297,326
================
Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue as well as continue with shares issuance to PP & ESOS in near future.
================
TAYOR
1 month ago
Michael Kwok Zentech still can hold ? i buy in 45cents, what expected price to sell ?
3 weeks ago
Loss making high NOSH penny stock
If bought and hold at 4.5sen, the risk is directors might announce shares consolidation in near future
Eventually, price also drop til rights issue price.......more drop expected
3 weeks ago
FOR NEWBIES
On behalf of ZTIB, TA Securities wishes to announce that the Rights Issue has been completed with the listing of 1,616,864,884 Rights Shares and 1,077,909,475 Warrants on the ACE Market of Bursa Securities on 13 February 2023.
This announcement is dated 13 February 2023.
===============
Directors collected 1,616,864,884 X 0.015 = RM24.25 million from the rights issue subscribers
Subscribers who are still holding to the rights shares might be left out to dry with the share price hovering below rights issue price for long time.
===============
NOSH = 2,425,297,326
WB = 1,077,909,475
Take note of the high NOSH of multi BILLION shares and BILLION warrants
Directors have power to raise more fund via shares issuance to PP, ESOS, etc
Directors also have power to do share consolidation when NOSH gets higher, in near future
==================
TAYOR
2 weeks ago
vivian1888
Michael Kwok Zentech still can hold ? i buy in 45cents, what expected price to sell ?
Q SELL RM 4.5 , after conso 100 to 1 hahaha
2 weeks ago
FOR NEWBIES
ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD)
Take profit if there is profit
Don't be greedy and stuck at cheap price but yet losing money
NOSH = 2,425,297,326
WB= 1,077,909,475
On behalf of ZTIB, TA Securities wishes to announce that the Rights Issue has been completed with the listing of 1,616,864,884 Rights Shares and 1,077,909,475 Warrants on the ACE Market of Bursa Securities on 13 February 2023.
=============
Operators and subscribers of rights share @ 0.015 very likely disposing their massive shareholdings and warrants to lock in the profits around this price
===============
TAYOR
1 week ago
Gloves stock semua up... Bcoz China starts to open today... So they bet that Covid case will go up again & demand for gloves will be high...
1 week ago
FOR NEWBIES
CHANGE OF NAME FROM
INIX TECHNOLOGIES HOLDINGS BERHAD TO ZEN TECH INTERNATIONAL BERHAD
Dated : 21 Jun 2022
=============
Be cautious trading stock that had changed name.
Google the previous name to get more news reporting
=============
TAYOR
1 week ago
How to find a company's new /old name?
1. Recent Change of Name
https://www.bursamalaysia.com/trade/trading_resources/listing_directory/change_of_name
*Or*
2. https://www.bursamalaysia.com/market_information/announcements/company_announcement , go to *Keyword*, type “Change of Name”
Others Popular keyword Search :
*1. Boardroom / Principal / Changes in Director's Interest*
*2. Rights Issue / Private Placement / Multiple proposals*
*3. Unusual*
4. Trading halt/ Suspension / Default
5. Opinion
6. Practice Note 17 / Guidance Note 3 : First Announcement / Admission
7. Transaction
*very important keyword
1 week ago
Wow... 3 sen already... Go go go follow topglove...2 days of green candle already... If Monday also green,that means 3 white soldier bullish candlestick pattern ha ha...
1 week ago
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