CLASSITA (7154): Financials Summary, Key Results, Growth

So QR is out, what do you think tomorrow going to be?

2024-02-22 00:26

It looks positive, now have to wait till the price goes up or the next QR in May 2024. Hong Seng is playing hard, I think Classita will follow the trend soon...

2024-02-27 14:49

haziqaz

Sophia Chin didakwa cuci duit haram RM164.5 juta, bila SC mahu dakwa Mafia Korporat Victor Chin Boon Long?
https://thecorporatessecret.com/blog/2024/02/27/sophia-chin-didakwa-cuci-duit-haram-rm164-5-juta-mengapa-mafia-korporat-victor-chin-boon-long-sejak-4-mac-2023-tertangguh/

2024-02-27 23:23

Income

China is looking to the manufacture high quality products is the way to go as there is a huge demand for these goods. Great reporting Sean,
Thank you!

2024-03-07 11:26

Peter Leong

Dead Market

2024-03-22 10:35

drop slowly and steadily.....
wait at 1c....

2024-03-29 14:05

still waiting at 1c....

2024-04-09 15:09

I think May 2024 it will go up before the quarter results.

2024-04-17 10:10

MATERIAL LITIGATION Classita Holdings Berhad ("Classita" or "the Company") - Originating Summons No. WA-24NCC-732-06/2022
CLASSITA HOLDINGS BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description Classita Holdings Berhad ("Classita" or "the Company")
- Originating Summons No. WA-24NCC-732-06/2022
Reference is made to the Company’s announcements dated 21 September 2022, 29
September 2022, 17 October 2022, 25 October 2022, 26 October 2022, 08 November
2022, 21 December 2022, 18 April 2023 and 27 April 2023. Unless otherwise
stated, the definitions and terms used herein shall have the same meaning as
defined in the said announcements.

The Board of Directors of Classita wishes to announce that the Hearing of the
Committal Proceedings against the Former Directors previously fixed on 30
November 2023 was adjourned and fixed this morning. After hearing oral
submissions from the parties, the Court dismissed the Committal Proceedings
against the Former Directors with costs.

This announcement is dated 16 April 2024.

2024-04-17 10:11

soonning65

Q at 0.04 to catch the rebound

2024-04-22 11:11

Siang9282

7154 may be a trap

2024-04-30 09:41

volume is building up fast...
good show .....
need to break 5c.....

2024-04-30 10:07

kkchong2235

wayang habis

2024-04-30 10:44

JJPTR

counters with many courts cases type, dont touch. Because got many rubbish to clear and time wasted on unproductive matters.

2024-04-30 11:49

Lewis Lee

yes ! TP :- 0.005 coming soon

2024-04-30 15:38

no volume ...
back to 4c ka....

2024-05-03 14:51

Siang9282

No big news, beware of traps

2024-05-08 09:44

kkchong2235

3.5c is coming

2024-05-08 14:59

Learner68

Market is taking turn to go up... why this guy is still sleeping ? Hope to see the great show ....this week or next.

2024-05-21 15:16

no volume...
not easy to go up again...
might retrace to 1c....
have to be careful with this kind of penny stock....

2024-05-30 11:20

soonning65

Too many shares outstanding is another thing too ..

2024-06-05 21:31

trap....
no choice....
better move on ......

2024-06-06 12:08

warrior

We refer to your Company’s announcement dated 30 May 2024 in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1. To breakdown the sources of funds for the Purchase Consideration, and to state clearly the amount to be funded by proceeds raised from the rights issue exercise completed on 14 July 2023 and details of the other sources.

2. To provide the following additional information in relation to the rights issue exercise completed on 14 July 2023:

(a) actual proceeds raised and breakdown of the proposed utilisation.

(b) amount of proceeds utilised as at the latest date and detailed explanatory note(s) on each item.

(c) amount of proceeds remains unutilised as at the latest date, breakdown of the intended utilisation and detailed explanatory note(s) on each item.

(d) amount of proceeds from the rights issue to be used to fund the Proposed Acquisition.

(e) whether shareholders’ approval is required for the variation in utilisation of proceeds.

3. To provide further explanation, and the terms and conditions, for the payment of the instalments amounting to RM14.45 million (equivalent to 85% of the Purchase Consideration), and to quantify the amount paid as at to-date.

4. To provide the following additional information in respect of the internal assessment carried out by the Group’s management:

(a) to explain the “existing condition”.

(b) to incorporate details on the “recent transacted properties of similar nature or those offered for sale in the area” considered by the management including date of transaction/advertisement, address/location, age, condition, level, type and size of properties, transacted/offer price and transacted/offer price per square feet.

(c) to provide further justification(s) that RM526 per square feet is a “low entry price”.

(d) to tabulate the original selling price of the developer against the Purchase Consideration of each unit.

(e) to explain “Net Purchase Consideration” and the amount added to / deducted from the original selling price of each unit.

(f) whether the Purchase Consideration of each unit is entitled to discount for bulk purchases, and if relevant, to quantify the amount of discount and in term of % to the developer’s original selling price, and to state whether the discount rate is within the market rate.

(g) if no discount for bulk purchases, to provide explanation for such arrangement.

5. To state the Company’s immediate and long-term plans for the retail shops. If they are proposed to be let out, to state the expected rental income per annum.

6. To state the date of launch and the % of completion of Louvre Residence Country Heights Kajang.

7. Since CLASSITA will acquire more than 60% of the retail shops, to explain on the management of the retail shops and shopping mall.

8. Since the properties to be acquired will be used for property investment and trading, to state whether the Proposed Acquisition will result in a diversification in operations carried on by CLASSITA pursuant to paragraph 10.13 of the Main Market Listing Requirements.

9. To elaborate further on the risks of investment in retail shops.

10. To tabulate the financial effects of the Proposed Acquisition on the net assets, gearing and earnings per share.

11. To provide the basis and justification to derive at the rate of 20% of the Purchase Consideration as the agreed liquidated damages in the event of a default by the purchaser, and to state whether it is the standard commercial rate for transactions of similar nature.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully

Listing

Regulation

c.c. : Market Surveillance Dept., Securities Commission (via email)

2024-06-07 07:39

not easy to move up....
no one interested .......
let the mm goreng themselves....

2024-06-07 11:41

whistlebower99

FOR NEWBIES

HARVEST MIRACLE CAPITAL BERHAD (HM) is the latest high NOSH penny stock proposing share consolidation followed by massive fund raising via share issuance to RI.
This announcement is dated 15 July 2024.

================

List of high NOSH penny stocks with shares consolidation :-

2024 in progress - HM, MQTECH, XOX, VIZIONE, KGROUP
2024 completed - DESTINI, AEM, AT, FINTEC, TECHNAX, MLAB, BPURI,
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,.........

Retail investors trapped at high price incurred huge losses caused by share consolidation

2024-07-16 11:14

soonning65

When will Classita implement share consolidation?

2024-07-17 12:10

whistlebower99

FOR NEWBIES

CLASSITA HOLDINGS BERHAD formerly known as CAELY HOLDINGS BHD

Announced EX Date Subject Ratio Offer
26 May 2023 13 Jun 2023 Rights Issue (warrant) 5.0000 : 2.0000 0.1000 View

https://www.klsescreener.com/v2/stocks/view/7154/classita-holdings-berhad

Multi year loss making company

NOSH = 1,232,758,464

WC = 528,317,555
Maturity 2028-07-06
Strike value 0.2000

==================
Investors subscribing rights issue at 0.10 in Jun 2023 and still holding will be incurring huge losses if directors decide to go for share consolidation follows by rights issue fund raising activities

2024-08-16 10:06

I wish 🙏🙏🙏 to all The Board of Directors of Hong Seng Consolidated Berhad go to Diyu with their "money ill earned" from their scammer Hong Seng Consolidated counter. Beware to all investors, please AWAY from any Hong Seng counters because they are SCAMMER. The CLASSITA is owned by one of the Hong Seng director wife. We all wish that The Board of Directors of Hong Seng Consolidated Berhad and Classita and their families go to Diyu and get punish for their bad sin of cheating and scamming all investors hard earned money.

2024-08-29 20:23

Scammer CLASSITA (7154) is back to cheat investors...
All investors beware and must avoid CLASSITA (7154)

2 months ago

This case 👇 remain unclosed
https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2023-10-26-story-h-216218800-Classita_8217_s_Forensic_Investigation_Reveals_Irregularities_But_Unabl

1 week ago

Instead dumping your hard earned money to this conman and scammer counter CLASSITA (7154), better you use your hard earned for your family, bring your parent go holidays, for your children education

2 months ago

Lewis Lee

Or any potential white knight to take over the company ? ?

2 months ago