KLSE (MYR): BTM (7188)
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Last Price
0.07
Today's Change
0.00 (0.00%)
Day's Change
0.07 - 0.07
Trading Volume
73,500
Market Cap
88 Million
NOSH
1,256 Million
Latest Quarter
30-Jun-2023 [#2]
Announcement Date
07-Aug-2023
Next Quarter
30-Sep-2023
Est. Ann. Date
30-Nov-2023
Est. Ann. Due Date
29-Nov-2023
QoQ | YoY
90.17% | -105.78%
Revenue | NP to SH
10,041.000 | -21,408.000
RPS | P/RPS
0.80 Cent | 8.76
EPS | P/E | EY
-1.70 Cent | -4.11 | -24.34%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.06 | 1.17
QoQ | YoY
-3.63% | -260.4%
NP Margin | ROE
-213.22% | -28.40%
F.Y. | Ann. Date
30-Jun-2023 | 07-Aug-2023
Latest Audited Result
31-Dec-2022
Announcement Date
28-Apr-2023
Next Audited Result
31-Dec-2023
Est. Ann. Date
28-Apr-2024
Est. Ann. Due Date
28-Jun-2024
Revenue | NP to SH
8,205.000 | -7,684.000
RPS | P/RPS
0.65 Cent | 10.72
EPS | P/E | EY
-0.61 Cent | -11.45 | -8.74%
DPS | DY | Payout %
0.00 Cent | 0.00% | 0.00%
NAPS | P/NAPS
0.01 | 8.54
YoY
-19.28%
NP Margin | ROE
-93.66% | -74.88%
F.Y. | Ann. Date
31-Dec-2022 | 28-Feb-2023
Revenue | NP to SH
10,696.000 | -32,588.000
RPS | P/RPS
0.85 Cent | 8.22
EPS | P/E | EY
-2.92 Cent | -2.70 | -37.05%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
45.08% | -534.01%
NP Margin | ROE
-304.67% | -43.23%
F.Y. | Ann. Date
30-Jun-2023 | 07-Aug-2023
Date | Financial Result | Financial Ratio | Per Share Item | Performance | Valuation (End of Quarter) | Valuation (Ann. Date) | |||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
F.Y. | Ann. Date | Quarter | # | Revenue | PBT | NP | NP to SH | Div | Net Worth | Div Payout % | NP Margin | ROE | NOSH | RPS | Adj. RPS | EPS | Adj. EPS | DPS | Adj. DPS | NAPS | Adj. NAPS | QoQ | YoY | EOQ Date | EOQ Price | EOQ P/RPS | EOQ P/EPS | EOQ P/NAPS | EOQ EY | EOQ DY | ANN Date | ANN Price | ANN P/RPS | ANN P/EPS | ANN P/NAPS | ANN EY | ANN DY |
PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
FOR NEWBIES
Directors doing massive fund raising via rights issue with free warrants
Fund to be raised is up to 1,183,929,204 X 0.08 = RM94,714, 336
Lots of money for directors to utilise !!!
================
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,183,929,204 NEW ORDINARY SHARES IN BTM RESOURCES BERHAD ("BTM" OR THE "COMPANY") ("BTM SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 394,643,068 FREE DETACHABLE WARRANTS IN BTM ("WARRANTS-C") ON THE BASIS OF 6 RIGHTS SHARES FOR EVERY 1 EXISTING BTM SHARE TOGETHER WITH 1 WARRANT-C FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR, AT 5.00 P.M. ON THURSDAY, 15 DECEMBER 2022 ("RIGHTS ISSUE WITH WARRANTS-C")
================
Multi year loss making company
NOSH to increase to 1,197,184,716
About 300 million units of WC
=================
IMPORTANT RELEVANT DATES AND TIME:
Entitlement Date : Thursday, 15 December 2022 at 5.00 p.m.
Last date and time for sale of provisional allotment of rights : Wednesday, 28 December 2022 at 5.00 p.m.
Last date and time for transfer of provisional allotment of rights : Friday, 30 December 2022 at 4.30 p.m.
Last date and time for acceptance and payment : Friday, 6 January 2023 at 5.00 p.m.
Last date and time for excess application and payment : Friday, 6 January 2023 at 5.00 p.m.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3315294
==================
TAYOR
2022-12-22 12:51
Listen to the recent session of the latest interview follows on from our Wood and Wood Products theme. Recently we had a session with Datuk Woo Thin Choy (Executive Director) of BTM Resources Berhad.
BTM Resources Berhad, a fully-integrated timber company, has been listed on Bursa's Main Market since 1996.
Datuk Woo dives into BTM's existing wood products manufacturing businesses, the new ESG-related wood manufacturing business, and updates on its pivot into green power plants.
Click to listen to excerpts of the interview in our latest Investor Education Shorts episode.
https://www.linkedin.com/posts/kaf-investment-bank_investor-education-shorts-interview-with-activity-7016218143228395520-OAM_?utm_source=share&utm_medium=member_desktop
2023-01-04 19:17
Listen to the recent session (Part 2) of the latest interview follows on from our Wood and Wood Products theme. Recently we had a session with Datuk Woo Thin Choy (Executive Director) of BTM Resources Berhad.
BTM Resources Berhad, a fully-integrated timber company, has been listed on Bursa's Main Market since 1996.
Datuk Woo dives into BTM's existing wood products manufacturing businesses, the new ESG-related wood manufacturing business, and updates on its pivot into green power plants.
Click to listen to excerpts of the interview in our latest Investor Education Shorts episode.
https://www.linkedin.com/posts/kaf-investment-bank_investor-education-shorts-interview-with-activity-7016414475272544256-Zf8b?utm_source=share&utm_medium=member_desktop
2023-01-05 10:27
Michael Kwok Btm buy call 10 cents
Hi Michael, may we know where did you get the 'buy call' from ?
Thanks in advance for sharing
2023-01-10 00:36
FOR NEWBIES
RENOUNCEABLE RIGHTS ISSUE OF 921,571,130 NEW ORDINARY SHARES IN BTM ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH 307,190,331 FREE DETACHABLE WARRANTS IN BTM ("WARRANTS-C") ON THE BASIS OF 6 RIGHTS SHARES FOR EVERY 1 EXISTING BTM SHARE TOGETHER WITH 1 WARRANT-C FOR EVERY 3 RIGHTS SHARES SUBSCRIBED ("RIGHTS ISSUE WITH WARRANTS-C")
BTM RESOURCES BERHAD
Please be advised that:
1) BTM’s 307,190,331 Warrants-C issued pursuant to the Rights Issue with Warrants-C will be admitted to the Official List of Bursa Malaysia Securities Berhad and the listing of and quotation for the Warrants-C on the Main Market will be granted with effect from 9.00 a.m., Monday, 16 January 2023;
2) BTM’s additional 921,571,130 new ordinary shares issued pursuant to the Rights Issue with Warrants-C will be granted listing and quotation with effect from 9.00 a.m., Monday, 16 January 2023; and
3) BTM’s additional 8,642,716 Warrants-B issued pursuant to the adjustments arising from the Rights Issue with Warrants-C will be granted listing and quotation with effect from 9.00 a.m., Monday, 16 January 2023.
=================
Directors happy will the successful money raising exercise even though under-subscribed (89.81 % subscription)
Subscribers will have to wait for operators to fry up the price
Directors might probably raise more money via shares issuance to PP, ESOS or asset acquisition in near future
=================
Welcome to the BILLION shares penny stock (multi year loss making) club
NOSH = 1,197,184,716
WB = 35,125,056
WC = 307,190,331
Maturity 2028-01-09
Strike value 0.1000
https://www.klsescreener.com/v2/stocks/view/7188/btm-resources-berhad
===============
TAYOR, set realistic target
2023-01-16 12:43
Directors managed to raise around RM74 million from the rights issue.
Easy convenient way to build up company fund
Making profit from business operation is not easy.
Wise for shareholders to monitor how the money are being utilized
2023-01-16 21:52
New projects on d pipeline to b announced after big funds completely raised thru d RI
2023-01-27 05:42
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
2023-02-17 09:43
FOR NEWBIES
OFFER AND GRANT OF BTM SHARES UNDER THE EXECUTIVE SHARE GRANT SCHEME ("ESGS") OF BTM LONG-TERM INCENTIVE PLAN
(a) Dare of offer :1 March 2023.
(b) Exercise price of the Grant: Free of charge.
(c) Number of Grants offered :163,889,200.
(d) Market price of BTM"s share on the date of the offer :RM0.07.
(e) Number of Grants offered to Directors and employees connected to Directors:
Name of Directors Grant shares
1) Dato' Seri Yong Tu Sang 16,388,900
2) Yong Hin Siong 10,926,200
3) Yong Emmy 16,388,900
4) Datuk Woo Thin Choy 36,000,000
Emplyees connected to Directors
5) Yong Ellen 16,388,900
6)Tan Kha Luong 16,388,900
7) Woo Wen Jie 29,555,700
This announcement is dated 2 March 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334035
===============
Directors continue to issue new shares to directors at FREE OF CHARGE
Rewarding themselves with free shares worth 0.07 per shares
Even though company business continue to make multi-year losses
===============
Expect directors to raise more fund via share issuance to PP, ESOS or for asset acquisition
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
================
TAYOR
2023-03-06 10:33
FOR NEWBIES
Directors issued free shares to directors at no cost.
Smart move. Free money for directors. The rich gets richer.
Long term loyal shareholders see their equity % reduced further with more shares issuance to PP, ESOS, etc
=================
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name DATO SERI YONG TU SANG
1 08/03/2023 16,388,900
Consideration (if any) RM 0.00
Acceptance of shares offer under Executive Share Grant Scheme ("ESGS") of LTIP
Direct (units) 113,972,081
Direct (%) 9.070
Indirect/deemed interest (units) 261,747,299
Indirect/deemed interest (%) 20.831
Date of notice 09/03/2023
================
Particulars of Director
Name MADAM YONG EMMY
1 08/03/2023 16,388,900
Consideration (if any) RM 0.00
Acceptance of shares offer under Executive Share Grant Scheme ("ESGS") of LTIP
Direct (units) 104,084,900
Direct (%) 8.283
Indirect/deemed interest (units) 271,634,480
Indirect/deemed interest (%) 21.618
Date of notice 09/03/2023
==================
Particulars of Director
Name MR YONG HIN SIONG
1 08/03/2023 10,926,200
Consideration (if any) RM 0.00
Acceptance of shares offer under Executive Share Grant Scheme ("ESGS") of LTIP
Direct (units) 10,926,200
Direct (%) 0.869
Indirect/deemed interest (units) 364,793,180
Indirect/deemed interest (%) 29.032
Date of notice 09/03/2023
====================
Particulars of Director
Name DATUK WOO THIN CHOY
1 08/03/2023 36,000,000
Consideration (if any) RM 0.00
Acceptance of shares offer under Executive Share Grant Scheme ("ESGS") of LTIP
Direct (units) 36,000,000
Direct (%) 2.865
Indirect/deemed interest (units) 75,182,800
Indirect/deemed interest (%) 5.983
Date of notice 09/03/2023
================
Employees connected to Directors also got free shares. How nice !!!
5) Yong Ellen 16,388,900
6)Tan Kha Luong 16,388,900
7) Woo Wen Jie 29,555,700
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334035
LTIP - long term incentive plan but company has been showing multi year losses
==============
Based on current price = 0.065,
Lucky directors getting between RM 710,203 to RM2,340,000 !!!!
FREE MONEY !!!
==============
2023-03-14 11:20
Started to move liao finally, after holding it for such long period. May d warrants folo thru to its new height where it was far laggard
2023-04-08 06:30
FOR NEWBIES
INTENTION TO DEAL DURING CLOSED PERIOD
No Salutation Name Designation Description Of "Others" Designation
1 MR CHEN KAR MUN Others Financial Conyroller
No of Securities Held 10,747,800
% of Securities Held 0.850
2 MISS MAH BEE HONG Others Accounts Manager
No of Securities Held 3,363,000
% of Securities Held 0.270
3 MADAM YONG ELLEN Others Sales & Marketing Manager
No of Securities Held 16,388,900
% of Securities Held 1.300
4 MR TAN KHA LUONG Others Business Developement Manager
No of Securities Held 1,201,700
% of Securities Held 0.090
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3349390
====================
ESOS subscribers soon selling to take quick handsome profits ?
FREE OF CHARGE ESOS :-
a) Dare of offer :1 March 2023.
(b) Exercise price of the Grant: Free of charge.
(c) Number of Grants offered :163,889,200.
(d) Market price of BTM"s share on the date of the offer :RM0.07.
(e) Number of Grants offered to Directors and employees connected to Directors:
Name of Directors Grant shares
1) Dato' Seri Yong Tu Sang 16,388,900
2) Yong Hin Siong 10,926,200
3) Yong Emmy 16,388,900
4) Datuk Woo Thin Choy 36,000,000
Emplyees connected to Directors
5) Yong Ellen 16,388,900
6)Tan Kha Luong 16,388,900
7) Woo Wen Jie 29,555,700
This announcement is dated 2 March 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334035
=================
FREE SHARES and MONEY FOR ESOS SUBSCRIBERS.
Is it from shareholders fund?
Retail shareholders have their shareholding equity % reduced !!!
2023-05-09 12:24
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
2023-05-24 11:46
FOR NEWBIES
INTENTION TO DEAL DURING CLOSED PERIOD
No Salutation Name Designation Description Of "Others" Designation
1 MR CHEN KAR MUN Others Financial Conyroller
No of Securities Held 10,747,800
% of Securities Held 0.850
2 MISS MAH BEE HONG Others Accounts Manager
No of Securities Held 3,363,000
% of Securities Held 0.270
3 MADAM YONG ELLEN Others Sales & Marketing Manager
No of Securities Held 16,388,900
% of Securities Held 1.300
4 MR TAN KHA LUONG Others Business Developement Manager
No of Securities Held 1,201,700
% of Securities Held 0.090
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3349390
====================
ESOS subscribers soon selling to take quick handsome profits ?
FREE OF CHARGE ESOS :-
a) Dare of offer :1 March 2023.
(b) Exercise price of the Grant: Free of charge.
(c) Number of Grants offered :163,889,200.
(d) Market price of BTM"s share on the date of the offer :RM0.07.
(e) Number of Grants offered to Directors and employees connected to Directors:
Name of Directors Grant shares
1) Dato' Seri Yong Tu Sang 16,388,900
2) Yong Hin Siong 10,926,200
3) Yong Emmy 16,388,900
4) Datuk Woo Thin Choy 36,000,000
Emplyees connected to Directors
5) Yong Ellen 16,388,900
6)Tan Kha Luong 16,388,900
7) Woo Wen Jie 29,555,700
This announcement is dated 2 March 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3334035
=================
FREE SHARES and MONEY FOR ESOS SUBSCRIBERS.
Is it from shareholders fund?
Retail shareholders have their shareholding equity % reduced !!!
2023-06-22 14:47
FOR NEWBIES
Changes in Director's Interest (Section 219 of CA 2016)
BTM RESOURCES BERHAD
Particulars of Director
Name MADAM YONG EMMY
1 28/06/2023 35,714,091 Disposed Direct Interest
Consideration (if any) RM0.08
Direct (units) 68,370,809
Direct (%) 5.440
Date of notice 03/07/2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3366507
===============
FREE ESOS of 16,388,900 shares sold at 0.08, worth more than RM1.3 million
================
2 months ago
FOR NEWBIES
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD
1 MADAM YONG ELLEN Others Sales & Marketing Manager
Type of Transaction Disposed
Date of Transaction 28 Jun 2023
No of Securities Transacted 676,875
Consideration Malaysian Ringgit (MYR) 0.080
2 MR TAN KHA LUONG Others Business Development Manager
Type of Transaction Disposed
Date of Transaction 28 Jun 2023
No of Securities Transacted 35,063,125
Consideration Malaysian Ringgit (MYR) 0.080
3 MADAM YONG EMMY Director
Type of Transaction Disposed
Date of Transaction 28 Jun 2023
No of Securities Transacted 35,714,091
Consideration Malaysian Ringgit (MYR) 0.080
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3366547
===================
Lucky directors and employee given FREE ESOS
Disposing FREE ESOS for clean profits
2 months ago
FOR NEWBIES
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
BTM RESOURCES BERHAD
Particulars of Substantial Securities Holder
Name MR HON TIAN KOK @ WILLIAM
Name of registered holder Maybank Nominees (Tempatan) Sdn. Bhd.
Date interest acquired 30 Jun 2023
No of securities 35,063,125
Acquired via Off market
Direct (units) 35,063,125
Direct (%) 2.79
Date of notice 03 Jul 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3366873
================
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
BTM RESOURCES BERHAD
Particulars of Substantial Securities Holder
Name MR HON TIAN KOK @ WILLIAM
Name of registered holder M & A Nominee (Tempatan) Sdn. Bhd.
Date interest acquired 30 Jun 2023
No of securities 60,505,366
Acquired via Off market
Direct (units) 95,568,491
Direct (%) 7.606
Date of notice 03 Jul 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3366874
================
Big block of shares acquired via Off Market (direct deal)
Substantial shareholder is also a director of BIOALPHA HOLDINGS BERHAD
2 months ago
Top volume leader today
Could be good time for FREE ESOS shares to be released to market
2 months ago
contra player really not suitable play this counter, share price takes time (probably weeks) to suddenly shoot up. Your T3, T7 just made the price difficult to up and definitely lead to your further loss
2 months ago
FOR NEWBIES
Changes in Director's Interest (Section 219 of CA 2016)
BTM RESOURCES BERHAD
Particulars of Director
Name DATUK WOO THIN CHOY
1. 05/07/2023 6,293,000 Disposed Indirect Interest
Name of registered holder Confirmed Uptrend Sdn. Bhd.
Nature of interest Indirect Interest
Direct (units) 36,000,000
Direct (%) 2.870
Indirect/deemed interest (units) 29,555,700
Indirect/deemed interest (%) 2.350
Date of notice 07/07/2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3368096
================
1 06/07/2023 29,555,700 Disposed Indirect Interest
Name of registered holder Woo Wen Jie
Nature of interest Indirect Interest
Total no of securities after change
Direct (units) 36,000,000
Direct (%) 2.870
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 07/07/2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3368099
===============
Full disposal of indirect shareholdings held by director
Smart move to take profit of recent price surge following rights issue ?
2 months ago
FOR NEWBIES
Notice of Person Ceasing (Section 139 of CA 2016)
BTM RESOURCES BERHAD
Particulars of Substantial Securities Holder
Name PROVEN VENTURE CAPITAL PLT
Date of cessation 07 Jul 2023
No of securities disposed 150,256,000
Disposal of Ordinary Shares via off market.
Nature of interest Direct Interest
Date of notice 11 Jul 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3368438
==================
Substantial shareholder sell to another substantial shareholder via off market ?
Wait for announcement of new substantial shareholder
2 months ago
FOR NEWBIES
OFFER AND GRANT OF BTM SHARES UNDER THE EXECUTIVE SHARE GRANT SCHEME " ESGS" OF LONG-TERM INCENTIVE PLAN
(a) Date of offer :7 August 2023.
(b) Exercise price of the Grant : Free of charge.
(c) Number of Grants offered :24,500,000
(d) Market price of BTM 's share on the date of offer :RM 0.08.
(e) Number of Grants offered to Directors :
Name of Directors Grant shares
1)Datuk Hj. Mohamed Iqbal Bin M.M. Mohamed Ganey 5,000,000
2) Choong Show Tong 5,000,000
(f) Vesting period of Grants offeres : Not Applicable.
This announcement is dated 7 August 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3374792
https://www.klsescreener.com/v2/stocks/view/7188/btm-resources-berhad
=====================
Directors rewarding employee and directors with FREE shares
So lucky employees and directors being rewarded handsomely even though company incurred multi year losses
Another 24,500,000 to be added to current NOSH of 1,256,486,718 shares
Retailer investors shareholding continue to be diluted with massive shares issuance to PP, ESOS
====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
1 month ago
whistlebower99
FOR NEWBIES
A) PROPOSED LEASE OF TELUK KALONG LAND;
(B) PROPOSED SUBLEASE;
(C) PROPOSED DIVERSIFICATION;
(D) PROPOSED RIGHTS ISSUE WITH WARRANTS-C; AND
(E) PROPOSED LTIP
==================
Directors resorting to convenient way to increase company fund via fund raising
Massive shares issuance via rights issue coming very soon
Shareholders need to dig pocket for more money to contribute to company fund
Multi year loss making company
Another high NOSH low price penny stock in the making
=======================
Approval obtained :-
(i) Admission to the Official List and listing of and quotation for up to 394,643,068 Warrants-C to be issued pursuant to the Proposed Rights Issue with Warrants-C;
(ii) Listing of and quotation for up to 1,183,929,204 new BTM Shares to be issued pursuant to the Proposed Rights Issue with Warrants-C;
(iii) Listing of and quotation for up to 394,643,068 new BTM Shares to be issued arising from the exercise of Warrants-C;
(iv) Listing of and quotation for up to 8,830,063 additional Warrants-B to be issued pursuant to the adjustments in accordance with the Deed Poll constituting the Warrants-B dated 12 September 2014;
(v) Listing of and quotation for up to 8,830,063 new BTM Shares to be issued arising from the exercise of additional Warrants-B; and
(vi) Listing of and quotation for up to 15% of the total issued share capital of BTM to be issued pursuant to the Proposed LTIP.
This announcement is dated 26 July 2022.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3278466
===============
a. Issue price RM0.08
b. 6 Rights Shares for every 1 Share held, 1 Warrants-C for every 3 Rights Shares subscribed
c. 775,000,000 Rights Shares - 1,183,929,204 Rights Shares
d. 258,333,333 Warrants-C - 394,643,068 Warrants-C
e. Gross proceeds to be raised RM62.00 million to RM94.71 million
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3265712
============
TAYOR
2022-08-02 12:41