TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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Last Price

0.255

Today's Change

-0.005 (1.92%)

Day's Change

0.25 - 0.26

Trading Volume

279,400

Entitlement

Upcoming

Happening

Ann. Date Ex Date Type Subject Amount
Discussions
10 people like this. Showing 50 of 24,500 comments

Winner38

Wait wait.. Be patient.. Coming soon..

2023-05-31 21:56

Apastock

nak jadi X-Men?

2023-05-31 22:04

Vicky

Profit decrease 97%. Director sudah lari dengan untung walaupun dementia !

2023-06-01 14:35

ID007

all come back take gaji

2023-06-02 22:39

Mar2083

Possible it will up trend next week?

2023-06-03 08:21

Winner38

Cut loss.. PN17
As expected..

2023-06-05 22:15

whistlebower99

TECHNA-X BERHAD ("TXB")
- BURSA MALAYSIA SECURITIES BERHAD'S PRACTICE NOTE 17 ("PN17") RELIEF MEASURES RESULTING IN TXB TRIGGERING SUSPENDED CRITERIA BUT NOT CLASSIFIED AS A PN17 LISTED ISSUER

Reference is made to TXB’s announcement made on 1 June 2023 bearing reference number GA1-31052023-00061, the Board of Directors of TXB wishes to clarify that TXB has re-assessed its PN17 condition based on the latest quarterly report on consolidated results for the financial period ended 31 March 2023 as announced on 30 May 2023, the shareholders’ equity has increased from RM35.16 million as at 30 September 2021 to RM42.36 million as at 31 March 2023, which is more than 25% of the share capital of TXB and more than RM40.0 million.

As such, TXB no longer triggers any of the PN17 Suspended Criteria and any of the criteria in relation to the financial condition of a listed issuer as set out in Paragraph 2.1 of the PN17.

This announcement is dated 2 June 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3359665




2023-06-06 11:39

whistlebower99

FOR NEWBIES

(i) proposed reduction of TXB’s share capital pursuant to Section 116 of the Companies Act 2016 (“Act”) (“Proposed Capital Reduction”);

(ii) proposed settlement of an aggregate amount of RM33,834,500 debt owing to creditors by the Company (“Settlement Amount”) via the issuance of 2,487,830,882 new ordinary shares in TXB (“TXB Share(s)” or “Share(s)”) (“Settlement Share(s)”) (“Proposed Debt Settlement”);

(iii) proposed consolidation of every 20 existing Shares into 1 ordinary share of TXB (“Consolidated Share(s)”) held by the entitled shareholders on an entitlement date to be determined and announced later (“Consolidated Shares Entitlement Date”) (“Proposed Share Consolidation”); and

(iv) proposed renounceable rights issue of up to 251,587,641 new ordinary shares in TXB (“Rights Share(s)”) on the basis of 1 Rights Share for every 1 Consolidated Share held (“Rights Shares Entitlement Basis”), together with up to 251,587,641 free detachable warrants in TXB (“Warrant(s)”) on the basis of 1 Warrant for every 1 Rights Share subscribed for by the entitled shareholders (“Warrants Entitlement Basis”) of the Company on an entitlement date to be determined and announced later (“Entitlement Date”) (“Entitled Shareholder(s)”) (“Proposed Rights Issue with Warrants”).

Further details of the Proposals are set out in the attachment.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3344464
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3351584

=================
Take note Multiple Proposal still in effect

2023-06-06 11:41

rasee98

hold or sell masters?

2023-06-06 11:48

whistlebower99

consolidation of every 20 existing Shares into 1 ordinary share of TXB

not likely above 0.01 on ex-date

2023-06-06 13:43

ID007

gg

2023-06-06 17:08

dompeilee

Aiyo purposely PUSH up into the ToP Vol list to lure gambling ghost aunties/uncles to buy then TRAPPP them to try to pick their pockets for RI LOL

2023-06-06 19:17

rasee98

going to be 0.01?😱

2023-06-12 10:08

Holy Cow

Tesla coming in Malaysia, any chances Technax collaborate with them? 😁

2023-06-12 11:44

rasee98

EV BMW

2023-06-12 12:23

Vicky

Biofuel is cumming.

2023-06-22 09:18

Vicky

Tripartite agreement

2023-06-22 09:21

ID007

boleh ka?

2023-06-22 10:45

fruitcake

what's the big fuss about that agreement? 💩💩

2023-06-22 17:22

whistlebower99

FOR NEWBIES

DGB is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 26 June 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

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 - DGB, MMAG, DOLPHIN, TECHNAX, ICON

2023 completed = 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,.........

2023-06-27 16:11

Rvp918

Apa sudah jadi????

2023-07-06 10:56

Vicky

Where is the EV previously proposed by Technaxnando !

2023-07-13 10:20

ID007

Apa sudah jadi????

2023-07-29 10:04

Vicky

Come to daddy at 0.005 cent. Target acquited !!!

2023-07-31 12:48

ID007

all management tak leh handle. songlap kuat

2023-07-31 17:11

Rvp918

RIP

2023-08-02 12:02

Vicky

Sounds like John Wick. But John Wick never dies !

2023-08-02 16:29

ID007

wow profit

2023-08-30 15:36

Vicky

Chap lup soon as no news mean bad news !

2023-12-01 08:59

whistlebower99

FOR NEWBIES

(I) PROPOSED CAPITAL REDUCTION;
(II) PROPOSED DEBT SETTLEMENT;
(III) PROPOSED SHARE CONSOLIDATION; AND
(IV) PROPOSED RIGHTS ISSUE WITH WARRANTS;

On behalf of the Board, M&A Securities is pleased to announce that Bursa Securities had vide its letter dated 14 December 2023 resolved to approved the following:

(i) Listing and quotation of 2,487,830,882 new TXB shares to be issued pursuant to the Proposed Debt Settlement;

(ii) Proposed Share Consolidation;

(iii) Listing and quotation of up to 251,587,641 Rights Shares to be issued pursuant to the Proposed Rights Issue with Warrants;

(iv) Admission to the Official List and listing and quotation of up to 251,587,641 Warrants to be issued pursuant to the Proposed Rights Issue with Warrants; and

(v) Listing and quotation of up to 251,587,641 new TXB shares to be issued arising from the exercise of the Warrants.

This announcement is dated 14 December 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3408230

==============
Current NOSH = 2,214,714,736
Be aware of massive shares issuance for debt settlement, push NOSH to over 4.5 BILLION shares causing massive dilution of retailer shareholding equity
Followed by shares consolidation to drastically reduce retailer shareholding
And followed by massive shares issuance via rights issue needing retailer shareholders to fork out more money to subscribe

Very very messy exercise for retailer shareholders

2023-12-28 12:24

ID007

lol share consolidation. wan tipu ppl again

2024-01-05 19:19

Vicky

mau mari lorrr...time to buy

2024-01-09 10:19

ID007

Mana huaan

2 months ago

whistlebower99

FOR NEWBIES

VIZIONE is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
This announcement is dated 6 March 2024.

===================
Be careful if holding high NOSH low price penny stocks for long term

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 :-

2024 in progress - VIZIONE, FINTEC, KGROUP, MLAB, TECHNAX
2024 completed - AEM, AT,
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,.........

2 months ago

ID007

conman

2 months ago

Vicky

Chap lap soon these companies

2 months ago

dompeilee

What happened to JACKKIN, who promote kuatkuat when it was 20c & all the way down to 6c & didn't sell when it rebounded to 12c briefly?

2 months ago

Lee Ying Yee

capital share from 19m up to 4702m ? become rubbish ??

1 month ago

Vicky

Stock rubbish for grab. Great discount !

4 weeks ago

stncws

peeny comes......bcmall technax....netx,.

3 weeks ago

stncws

peeny comes......bcmall technax....netx,.

3 weeks ago

stncws

tp 21c

3 weeks ago

whistlebower99

FOR NEWBIES

CONSOLIDATION OF EVERY 20 EXISTING ORDINARY SHARES IN TECHNA-X BERHAD ("TXB" OR "COMPANY") ("TXB SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 10 MAY 2024 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
Ex-Date 09 May 2024
Entitlement date 10 May 2024

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3440966

================
Share consolidation of 20 into 1
Share consolidation of 4,702,545,600 into 235,127,280 shares

Price before ex-date = 0.01
Price upon share consolidation = 0.20

Long term retail shareholders caught at high price will incur huge losses

Directors might start to raise more fund via shares issuance to PP, ESOS, RI

Be careful holding high NOSH loss making penny stock that raise fund via massive shares issuance to PP, ESOS, RI



2 weeks ago

ID007

This management is a shit!

2 weeks ago

Vicky

Instead of bringing shareholders value to investors these companies are bringing liabilities to shareholders. Lack of innovations and bringing new projects will results these companies becomes PN17 and finally delisted. Survival of the fittest. Investors must pay attention to company initiatives !

2 weeks ago

ID007

trap

1 week ago

brennan

in active. UP UP UP

1 week ago

Vicky

Not bad. It shows confidence for investors as still hold strong at 0.30. Target 0.5 to 0.6 with momentum.

1 week ago

Vicky

Target back to 0.2 or 0.01 before share consolidation.

1 day ago

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