SAUDEE GROUP BERHAD
KLSE (MYR): SAUDEE (5157)
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Last Price
0.03
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0.00 (0.00%)
Day's Change
0.025 - 0.03
Trading Volume
1,428,200
Company Announcement
| Date | Subject |
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Discussions
5 people like this. Showing 50 of 4,635 comments
usah bimbang :)
lantikan politik dah berakhir... kerajaan baru ph akan dakwa dan penjarakan mereka macam soh chee wen di singapura. sabar ya!
@JJPTR
How to predict in advance that a company is hiding a fraud?
1. The company change its external auditor very often.
2. The company change its financial years often to delay issue annual report
3. The company accountant/financial controller come and go like hotel guests.
4. The company ACCOUNT RECEIVABLE is 2 times higher than account payable. Money stuck or goods sold to cronies.
5. The company keep printing billions of shares to suck cash from shareholders.
6. The company seems to go to court often to "sue" a third party for not paying the debts. The 3rd part may also be the cronies actually
7. The company has almost zero revenue but still seems to survive.
8. The company seems to take huge bank loan, or 2 years later issue huge right shares "for working capital and pay bank borrowing".
9. ‘Meteoric’ rise in both revenue and profits DESPITE industry outlook, are also red flags. Say industry average growth is 5%, but this guy shows 50% growth, not one year, but last 3 years, very fishy.
10.The company only sells its product to one customer. Obviously it is easier to be in cohhort with one party instead of many parties. Goods sold become huge bad debts
11. The company buys few FERARI for its directors...Megan Media...
12. The company cash flow and profit imbalance. If its getting wider year by year, avoid.
13. The company reports FAKE revenue of billions,fake growth......to sell their bonds
14. Tyco International USA. CEO and CFO siphon off $150m USD via loans to directors. Beware of some listed NON-FINANCIAL company also having money lending license. EKRAN Ting Pek King, took 700m fromEkran via the company money lending license. $700m was never paid back.
15. NETX ,ACE counter, is holding money lending licence
1 day ago
2022-12-18 11:37
Dilute existing shareholders to the max plus cheap shares to directors via sis ... Hancurkan para pemegang suer minoriti hahaha
Circular/Notice to Shareholders
SAUDEE GROUP BERHAD
Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED PRIVATE PLACEMENT OF UP TO 347,000,000 NEW ORDINARY SHARES IN SAUDEE, REPRESENTING APPROXIMATELY 35% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED AT A LATER DATE; (II) PROPOSED ESTABLISHMENT OF A SHARE ISSUANCE SCHEME OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES OF SAUDEE (EXCLUDING TREASURY SHARES, IF ANY) TO THE ELIGIBLE DIRECTORS AND ELIGIBLE EMPLOYEES OF SAUDEE AND ITS SUBSIDIARIES; AND (III) PROPOSED ALLOCATION OF SIS OPTIONS PURSUANT TO THE SHARE ISSUANCE SCHEME ABOVE TO THE DIRECTORS OF THE COMPANY
Please refer attachment below.
Attachments
Saudee Group - Circular.pdf
1.4 MB
Announcement Info
Company Name SAUDEE GROUP BERHAD
Stock Name SAUDEE
Date Announced 11 Oct 2022
Category Document Submission
Reference Number DCS-07102022-00018
2022-12-19 12:10
Saudee...dilution terlalu besar... Pengarah2 telan banyak syer murah.. SC perlu menyiasat
2022-12-22 12:46
:)
[14]. PWC (2018). Global Economic Crime Survey 2018. Retrieved from
[15]. Selim, M.A., Yousef, H.P. & Hagag, M. (2019). Risk allocation for infrastructure projects by PPPs-under
environmental management and risk assessment mechanisms’, International Journal Risk Assessment and
Management, 22(1), 89 – 108.
[16]. Shan, M., Chan, A. P. C., Le, Y., Xia, B., & Hu, Y. (2015). Measuring Corruption in Public Construction Projects in
China. Journal of Professional Issues in Engineering Education and Practice, 141(4).
[17]. Siddique, N.A. (2011). Approaces to fighting corruption and managing integrity in Malaysia: A Critical perspective.
Journal of Administrative Science, 8(1), 47-74.
[18]. U4 Anti Corruption Resource Centre (2015). The basic of corruption risk managmenet: A framework for decision
making and integration into the project cycles. U4, 18.
[19]. Yusoff, A.Y., Murniati, S. & Gryzelius, J. (2013). Combatting Corruption: Understanding Anti-Corruption Initiative
in Malaysia. Kuala Lumpur: Institute for Democracy and Economic Affairs,
[20]. Zou, X.W.P. (2006). Strategies for Minimizing Corruption in the Construction Industry in China. Journal of
Construction in Developing Countries, 11(2), 15-29.
2022-12-24 17:18
Untuk makanan. LHI ... Main board . Ayam & telur, banyak institutional investors..
2022-12-27 12:51
FOR NEWBIES
NOSH :-
Mar 2021 = 161,279,000
Jan 2022 = 986,069,319
Nov 2022 =1,140,580,319
NOSH increased to BILLION shares within 2 years mainly from directors shares issuance to ESOS and PP
Directors only busy with fund raising via easy share issuance, not via business profit
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
=============
Be careful holding high NOSH penny stocks, many of which had done shares consolidation and rights issue for directors to raise more fund from shareholders who incurred huge losses.
==============
TAYOR, set realistic target
2023-01-05 12:27
For newbie:
Don't only look at the current latest quarter result, despite there was 1.6M profit
But don't forget the previous quarter of 7M+ loss
And there were still big losses in those previous YEARSSSS
Think b4 jump to the "hell"
2023-01-30 21:17
Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5
2023-02-08 11:21
FOR NEWBIES
RENOUNCEABLE RIGHTS ISSUE OF UP TO 475,295,394 NEW ORDINARY SHARES IN SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") ("SAUDEE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE TOGETHER WITH UP TO 237,647,697 FREE DETACHABLE WARRANTS IN SAUDEE ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 MAY 2021 ("RIGHTS ISSUE WITH WARRANTS")
Directors did fund raising in May 2021
Directors raised maximum of 475,295,394 X 0.15 = RM71,294,309
How was the company fund used by directors to benefit the shareholders ?
Subscribers of rights issue incur huge losses
===============
Will directors continue to raise fund via share issuance at the expense of shareholders ?
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
================
TAYOR, set realistic target
2023-02-15 11:00
Look not going anywhere...
------------------------
This is how a bad food co swindle the money... finally get caught..
https://www.theedgemarkets.com/node/654906
JOHOR BAHRU (Feb 12): LY Frozen Food Sdn Bhd, its store manager, and its accountant, were discharged and acquitted by the Sessions Court here on Sunday (Feb 12) on a total of 12 charges of money laundering involving more than RM12 million between October 2018 and December 2020.
The decision was made by judge Fatimah Zahari after the prosecution withdrew all charges against the company; store manager Chong Kim Kuang, 50; and accountant Ng Yee Xin, 39, after they all paid a compounds totalling RM1.5 million.
2023-02-15 11:25
Dah mau muflis ka?
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5157 SAUDEE SAUDEE GROUP BERHAD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Particulars of Shareholder
Name : TAY BEN SENG, BENSON
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia
Address:
-
Descriptions (Class and Nominal Value):
Ordinary Shares
Name and Address of Registered Holder:
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
Details of Changes
Date of Notice : 03/02/2023
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 31/01/2023 Disposed 8,500,000 -
Circumstances by reason of which change has occurred:
Disposal through open market
Nature of Interest:
Direct Interest
Consideration:
No of Shares Held After Changes:
Direct : 88,500,000 shares (7.7610%)
Total : 88,500,000 shares
Remarks:
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
Submitted By:
03/02/2023 07:00 AM
Ref Code: 202302033600134
2023-02-17 09:41
Lari cepat
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5157 SAUDEE SAUDEE GROUP BERHAD
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name : CHEN CHEE PENG
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia
Address:
-
Descriptions (Class and Nominal Value):
Ordinary Shares
Details of Changes
Date of Notice : 02/02/2023
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 30/01/2023 Disposed 8,736,000 -
Circumstances by reason of which change has occurred:
Disposal through open market
Nature of Interest:
Direct Interest
Consideration:
You are advised to read the entire contents of the announcement or attachment.
Remarks:
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
Submitted By:
02/02/2023 07:00 AM
Ref Code: 202302023700117
2023-02-17 09:42
FOR NEWBIES
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name MR TAY BEN SENG, BENSON
1 15/02/2023 2,495,100 Disposed Direct Interest
Total no of securities after change
Direct (units) 86,004,900
Direct (%) 7.542
Date of notice 17/02/2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3328517
================
Take note disposal by director
During AGM, shareholders should ask the director for the reason of disposal
=====================
TAYOR
2023-02-20 11:02
BEN SENG, BENSON Disposed 8,000,000
MR TAY BEN SENG, BENSON Disposed 6,004,900
MR TAY BEN SENG, BENSON Disposed 2,495,100
MR TAY BEN SENG, BENSON Disposed 8,500,000
MR CHEN CHEE PENG Disposed 8,736,000
MR TAY BEN SENG, BENSON Disposed 3,000,000
Under investigation by authority??? Need money to run away like jho low? Hahaha
2023-02-26 01:02
Punca dan sumber wang akan disiasat under money laundering... Kenapa Benson sapu banyak syer beberapa sykt? Dia anak billionaire ka? Wakaka
2023-02-26 22:00
Collapsing... Hidden hand agenda
Save Print Back
5157 SAUDEE SAUDEE GROUP BERHAD
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
Subject : Dealings Outside Closed Period
1. Details of Dealings Outside Closed Period
Salutation : MR
Name : TAY BEN SENG
Designation : Executive Director
Description of "Others" Designation :
Type of Transaction : Disposed
Date of Transaction : 16/02/2023
Description of Securities : Ordinary Shares
No of Securities Transacted : 6,004,900
% of Securities Transacted : 0.527
Consideration : Malaysian Ringgit (MYR) 0.040
2. Details of Dealings Outside Closed Period
Salutation : MR
Name : TAY BEN SENG, BENSON
Designation : Executive Director
Description of "Others" Designation :
Type of Transaction : Disposed
Date of Transaction : 17/02/2023
Description of Securities : Ordinary Shares
No of Securities Transacted : 8,000,000
% of Securities Transacted : 0.702
Consideration : Malaysian Ringgit (MYR) 0.040
Remarks :
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
21/02/2023 07:00 AM
Ref Code: 202302213000066
2023-02-27 11:39
Consolidate, flood with right issue, big dilution, let share price fell , esos or pp cheaply to directors or crony, dump shares, etc etc
The authority should stop all these shits
2023-02-27 11:41
SAME OLD SH*T! SIMILAR PATTERN OF PENNY STOCKS! RIGHTS ISSUES 0.15, FUND RAISING FOR OPERATING CAP AND PAYING DEBT AND DIRECTORS' FEES AND KEEP PILING LOSSES QTR A? ???FTER QTR AND YEAR AFTER YEAR! PRICE KEEP FALLING AS MINORITY SHAREHOLDERS SEE THEIR INVESTMENT DISAPPEAR! MORE RIGHTS ISSES? SHARES CONSOLIDATION??? THE ONLY SIGN IS THAT IT'S NOT GOING TO GET BETTER!
2023-03-06 10:44
Buy call saudee 3.5-4(I come must got ong)
Tp 6-7 cents
6/3/23 6.21pm
If im right join me.
Sifu Michael(fb picture got ang pow)
Rm 150 per month..no pay no ong.
2023-03-06 18:24
FOR NEWBIES
SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY")
(I) PRIVATE PLACEMENT; AND
(II) SIS
On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 15 March 2023, resolved to grant the Company an extension of time until 26 September 2023 to implement and complete the Private Placement.
This announcement is dated 15 March 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3336964
===============
Extension of time for directors to issue more shares to ESOS and PP
Expect more shares issuance before 23 September 2023
Current NOSH already exceeded 1 BILLION shares, set to rise further
Long term loyal shareholders continue to have their equity % reduced together with the EPS if any
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
===============
TAYOR
2 months ago
Terindah!!Syabas kpd kerajaan perpaduan membanteras jenayah kolar putih
https://thecorporatesecret.com/blog/2023/03/09/selepas-victor-chin-fail-peguam-mafia-korporat-chong-loong-men-pula-terbongkar/
2 months ago
FOR NEWBIES
Director selling at cheap low price. Not a good sign??
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name MR TAY BEN SENG, BENSON
1 02/05/2023 6,907,000 Disposed Direct Interest
Direct (units) 65,093,000
Direct (%) 5.708
Date of notice 02/05/2023
Changes in Director's Interest (Section 219 of CA 2016) - MR TAY BEN SENG, BENSON | https://www.klsescreener.com/v2/announcements/view/4780395
===========
Be careful holding high NOSH low price penny stocks many of which had undergone shares consolidation and rights issue to raise more funds from shareholders.
Many retail shareholders had incurred huge losses due to directors undertaking shares consolidation to reduce the NOSH and then followed by fund raising via rights issue.
1 month ago
heading to 0.01 yaya directors will still make money selling at low price at our expense.
3 weeks ago
FOR NEWBIES
Director selling down lots of shares at low price.
What is the reason?
Changes in Director's Interest (Section 219 of CA 2016)
SAUDEE GROUP BERHAD
Particulars of Director
Name MR TAY BEN SENG, BENSON
1 03/05/2023. 33,093,000 Disposed Direct Interest
Name of registered holder Tay Ben Seng, Benson
Description of "Others" Type of Transaction
Consideration (if any)
Circumstances by reason of which change has occurred Disposal through open market
Nature of interest Direct Interest
Total no of securities after change
Direct (units) 32,000,000
Direct (%) 2.806
Date of notice 03/05/2023
==========
Be aware of directors transaction
3 weeks ago
FOR NEWBIES
VSOLAR is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 9 May 2023
===================
Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses from share consolidation
List of penny stocks with shares consolidation :-
2023 in progress - VSOLAR, DOLPHIN, TECHNAX
2023 completed = 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,.........
====================
TAYOR, don't be caught in share consolidation exercise
3 weeks ago
Price keep sliding lower
52 week low, 5 year low, ....all time low ?
Any directors announcement coming soon ?
If share consolidation and rights issue, good news for directors to collect more money, bad news for loyal long term shareholders to dig pocket for more money to contribute
2 weeks ago
Bursa mesti laksanakan
beli other listed companies punya shares... mesti/wajib ada retained earnings macam buyback syer sendiri..
loophole for unethical management to siphone off company's funds, etc
1 week ago
FOR NEWBIES
MMAG is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 18 May 2023
===================
Be careful trading high NOSH low price penny stocks
Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants
Long term shareholders holding at high prices will incur huge losses from share consolidation
List of penny stocks with shares consolidation :-
2023 in progress - MMAG, VSOLAR, DOLPHIN, TECHNAX
2023 completed = 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,.........
====================
TAYOR, don't be caught in share consolidation exercise
1 week ago
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Good123
Directors sedang mencuri duit pemegang syer minoriti bayar 3sen++ per syer, right issue subscribers bayar 15sen tahun lepas
SAUDEE] ESOS on 14-Nov-2022
Stock
[SAUDEE]: SAUDEE GROUP BERHAD
Announcement Date
14-Nov-2022
Listing Date
15-Nov-2022
New Type/Class?
No
Type
ESOS
Details
Exercise of SIS
No. of shared issued
148,736,000
Issue Price
MYR 0.037
Par Value
0.000
Total NOSH
1,140,580,319
2022-12-16 11:39