FINTEC (0150) - FINTEC GLOBAL BERHAD IPO Prospectus

Fintec-Pa - with 6,947,482 units, it is too little for someone to "goreng" to make money.

2024-07-04 10:36

Everyone is waiting to recover some of their money. Share price may rocket suddenly to prevent newcomers to take advantage.

2024-07-04 10:40

“KingDavid > Fintec-Pa - with 6,947,482 units, it is too little for someone to "goreng" to make money.”

I have a different opinion; Fintec-PA will leverage on Fintec share price, if ‘goreng’ on mother will have an effect on Fintec-PA, less supply might ‘goreng’ till create more demand if the mother runs faster..

On “@ID007> all conmen”, depend when you ‘plunge’ in…if before Covid19, surely feels throwing money in the big salty sea. When the ‘bulls’ chase the ‘bears’ away, will think otherwise if they make $ from low entry. I always believe the four quadrant theory; [The SWOT (Strengths, Weaknesses/Areas for improvement, Opportunities, Threats) analysis often is used in strategic planning. The analysis focuses on the four elements included in the acronym, allowing organizations to identify the forces influencing a strategy, action, or initiative], especially on Opportunities..
The Covid19 Threats already passed and buying at the Weaknesses of MYR0.005 (0.15 after Consolidation) will bring the Opportunities to make $ if the Strengths are still there. If not (money spent and holding stocks cut-loss), then really a ‘con stock'. I don't read any announcements selling of major holdings such as in Focus D, Netx, etc..as always Happy Trading and TradeAtYourOwnRisk

2024-07-04 11:47

Coincidental, before finish typing, Fintec-PA moved above MYR0.15..next will move closer to mother price.

2024-07-04 12:12

BLee, my opinion is that if there is "goreng", it will be for mother share. Fintec-PA will just be a follower, forcing people to covert to mother share. I see very little possibility of pushing over the ratio of the conversion.

2024-07-06 11:06

The "boss" is monitoring the share price with the intention to collect more at the lowest possible price. We can do the same.

2024-07-11 13:15

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, DESTINI, VIZIONE, KGROUP
2024 completed - 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 08:54

FOR NEWBIES

Announced EX Date Subject Ratio Offer
22 Apr 2024 07 May 2024 Share Consolidation 1.0000 : 30.0000
11 Nov 2020 24 Nov 2020 Rights Issue (warrant) 5.0000 : 5.000
19 Oct 2017 31 Oct 2017 Rights Issue (warrant) 2 : 1 0.0800 View
22 May 2017 01 Jun 2017 Share Consolidation 3 : 1 View
13 Mar 2014 26 Mar 2014 Rights Issue (warrant) 1 : 1 View

https://www.klsescreener.com/v2/stocks/view/0150/fintec-global-berhad

Check P/L and Capital Changes

===================
NOSH = 197,894,622 after share consolidation in May 2024

Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc

Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition, etc

===========
Expect Cindy Kate to play the price to attract & trap newbies, punters, fomo oldbies etc

2024-07-17 08:23

TheContrarian

The people here doesn't know that Fintech owns 20.68% in Netx which in turn owns 15.75% in Mlab?

2024-07-17 21:59

It is not how much Fintec worth. It is "when" the "boss"decides to show the value of the company.

2024-07-18 10:28

“whistlebower99 > FOR NEWBIES
Announced EX Date Subject Ratio Offer 22 Apr 2024 07 May 2024 Share Consolidation 1.0000 : 30.0000…Expect directors to restart and continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc…Expect NOSH to increase and shareholder equity % and EPS to be diluted with massive share issuance in near future…”
“TheContrarian > The people here doesn't know that Fintech owns 20.68% in Netx which in turn owns 15.75% in Mlab?”

Hi Newbies/ whistlebower99/ TheContrarian, Fintec is part of a very big ‘spider web’ as illustrated in https://thecorporatessecrets.com/blog/2024/07/02/brahims-bangkit-kembali-dari-pn17-saham-dimanipulasi-mafia-korporat-dinyah-senarai-bursa-dan-kontrak-25-tahun-ditamat-mag/

Is this article pros or cons on Fintec?

Fintec answered Bursa UMA back in April 2021, Link: https://www.klsescreener.com/v2/announcements/view/3347657
Why until to-date, still the question of ‘con's (PP, ESOS, RI) arose as all the warrants expired except ICPS? Fintec still holding the aforementioned shares..potential gaining from ‘bull's market now. Come 2027 when the ICPS matures, Fintec Capital will increase by 6.9mil x (8sen x 30). So why the question of dilution when Fintec NTA is well below RM2.4? This is a certainty; if don't believe it, can refer to NovaMSC increase in Capital due to massive ICPS conversion..
I am interested in the F&B businesses in Fintec; not Netx or Mlab. I am Not interested in Fintec warrants (which all expired before the consolidation exercise). I am also Not interested in ‘Expect NOSH to increase’ as it is Not certain. Will wait for my investment in ICPS; will see how the ‘latent’ $ upon maturity effect/affect NTA and the market price!! Hope I am Not wrong, time will tell, as always Happy Trading and TradeAtYourOwnRisk.

2024-07-18 11:42

BLee, I concur with your thoughts. Let's wait until my Musang Kings drop one day. My harvests shall be massive. Yes. Time will tell. Hope I am Not wrong too.

2024-07-18 17:49

FOR NEWBIES

NOSH = 1,069,873,355
Date 07 Jul 2020

NOSH= 5,922,797,474 before 2 years before share consolidation
Date 15 Apr 2022

============
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3190694
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3192872
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3193588
:
:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3209542
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3210285
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3214380
:
:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3066136
:
:
: many more....

https://www.klsescreener.com/v2/announcements/stock/0150?category=AL

Check additional listing from 2022 to 2023

===============
Directors are expert in massive fund raising via shares issuance to PP, ESOS besides conversion of ICPS
Directors will likely continue with the same MO to raise fund via massive shares issuance to PP, ESOS, RI, etc
NOSH will likely rise to BILLION shares again in near future
Shareholder equity % and EPS will continue to be diluted going forward

2024-07-19 11:22

Now FINTEC has only 197,804,294 Shares after including the 240,872 newly conversion from ICPS lately. Total ICPS now has 6,947,482 units left on the ACE Market as at today 3/7/2024. I do not believe Fintec Management after going thru the so difficult task of consolidating from 30 to 1 want to increase their shares again like before. That's NONSENSE unless There is a New Project or Investment that needed more money in the future. People would not be Fooled so easily if the Fintec Management really think like that to increase their NOSH again without a Good Reason.

2024-07-19 16:11

“whistlebower99 > FOR NEWBIES
NOSH = 1,069,873,355
Date 07 Jul 2020
NOSH= 5,922,797,474 before 2 years before share consolidation Date 15 Apr 2022..”

Hi Newbies, good sharing by whistlebower99. There are always 2 sides of a coin. With the massive corporate exercises with every exercise price dropping by almost 10%, the market price drops almost to the lowest. I am speechless as written in one of my articles due to this 10% discount to entice subscription.
My journey of investment in ICPS started with Focus D ICPS with mother below 10sen and ICPS at 1sen. The subscription price at 5.5sen selling at 1sen; it seems a good buy for me. I started opening one IB account with a minimum RM7 for any trade below RM10k; started bidding buy at 1sen to capture the seller at half sen. Most of my trades successfully at half sen, only failed at 2 occasions as shown in one of my articles. My account now balloon to more than 100% paper gain; another tick will be able to monetise my gain!! For info, Fintec-PA subscription price at 8sen, I managed to collect a few mil at half sen before consolidation..

Then is then and now is now. Let me illustrate the difference between Corporate Exercise Then (08 Sep 2021) and Now.
Example:
No. of shares issued under this corporate proposal - 100,000,000
Issue price per share ($$) - Malaysian Ringgit (MYR) 0.0199 x 30 equivalent to 0.5977 after consolidation.
Units - 4,475,664,574
Issued Share Capital ($$) - Malaysian Ringgit (MYR) 340,233,391.530
Listing Date - 08 Sep 2021

Price: Now RM0.235 vs Then RM0.5977. Will anyone cut-loss?
Units: 197,894,622 vs 4,475,664,574. All warrants expired!! Will wait for the next QR/AR to see how this expired effecting the reports as each warrant will have a base cost; Not ‘toilet paper’ as suggested.
Issued Share Capital ($$) - Malaysian Ringgit (MYR)421,465,313.540 vs (MYR)340,233,391.530. A very significant increase although with consolidation; will Not diminished at all. Share Capital and Market Capitalisation are two different entities; please Do Not be misled. Corporate exercises such as PP, ESOS, etc which require payment will increase Issued Share Capital, and Not necessarily increase Market Capitalisation..
Anyway, thanks @whistlebower99 for his good sharing his side of the coin; as always Happy Trading and TradeAtYourOwnRisk
@Musang King, concur with your observation. Let's hope the brighter day will come seeing the active trading of so called 'con' stocks..

2024-07-19 16:32

Therefore, any share price leass than RM0.6 is a better buy now than the share issued @RM0.0199 listed on 8/9/2021.

2024-07-23 09:34

Netx-W to list tomorrow so Fintec assets can grow more? Hopefully Fintec sell Netx-W to raise cash.
https://www.klsescreener.com/v2/announcements/view/7429543

2024-07-24 17:45

JJPTR

Unfortnately, the PP/ESOS/RI syndicate still CON-tinue their toilet paper project.
Look at MLAB. Recently 20:1 consolidation 3 months ago, than the stopid SC approve toilet paper printing again. If that is called cock-perape exercise, even a cow can be a director
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
MLABS SYSTEMS BERHAD ("MLABS" OR THE "COMPANY")RENOUNCEABLE RIGHTS ISSUE OF UP
TO 217,410,867 NEW ORDINARY SHARES IN MLABS ("SHARES") ("RIGHTS SHARES") ON THE
BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD TOGETHER WITH UP TO
86,964,346 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR
EVERY 5 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

Lets us boycott all PP/RI/ESOS centric toilet paper companies.

2024-07-24 18:32

ID007

hi warrior.. hows life

2024-07-31 09:22

“JJPTR > Unfortnately, the PP/ESOS/RI syndicate still CON-tinue their toilet paper project.
Look at MLAB. Recently 20:1 consolidation 3 months ago, than the stopid SC approve toilet paper printing again…Lets us boycott all PP/RI/ESOS centric toilet paper companies.”

I am Not defending any Parties Nor against any Forumer, just trying to put some info across for a thinker/tinker.
It is a Collective Exercise, therefore NO separate Approval. The details as below:

MLABS SYSTEMS BERHAD ("MLABS" OR "COMPANY")

(I) SHARE CONSOLIDATION; AND
(II) RIGHTS ISSUE WITH WARRANTS
(COLLECTIVELY, THE "PROPOSALS")
Source:
https://www.klsescreener.com/v2/announcements/view/6803907

Is it Good or Bad for Fintec, why post at Fintec Forum? Your Guess is Good as Mine..Happy Trading and TradeAtYourOwnRisk

2024-07-31 10:01

FOR NEWBIES

TECHNAX Capital Changes

Announced EX Date Subject Ratio Offer
25 Apr 2024 09 May 2024 Share Consolidation 1.0000 : 20.0000

https://www.klsescreener.com/v2/stocks/view/2739/techna-x-berhad

NOSH after share consolidation = 235,125,043
Price has dropped from high of 0.395 to 0.10 (7/8/24) within 3 months

==================
FINTEC Capital Changes

Announced EX Date Subject Ratio Offer
22 Apr 2024 07 May 2024 Share Consolidation 1.0000 : 30.0000

https://www.klsescreener.com/v2/stocks/view/0150/fintec-global-berhad

NOSH = 197,894,622

===============
Will FINTEC price follow in the footstep of TECHNAX ?

2 months ago

“whistlebower99 > FOR NEWBIES
TECHNAX Capital Changes…Will FINTEC price follow in the footstep of TECHNAX ?”

Hi Newbies, I am Not defending any Parties Nor against any Forumer, just trying to put some info across for a thinker/tinker.
Fintec ‘Share Consolidation has been completed following the listing and quotation of 197,563,422 Consolidated Shares and 7,278,682 Consolidated ICPS on the ACE Market of Bursa Securities with effect from 9.00 a.m. on 9 May 2024.’
After 3 months and a recent ‘blood bath’; is Fintec still doing well?
After Consolidation, Price adjusted to RM0.15 and as at Noon 07082024, Price RM0.205; a gain of 36.7%
Lowest on 05082024, Price of RM0.16 vs RM0.205; a gain of 28.1% and recovered to last Friday closing.
I don't follow Technax; what I know is that Fintec is recovering well…
Source: https://www.klsescreener.com/detail.php?code=0150
Happy Cherry Picking and TradeAtYourOwnRisk

2 months ago

OTHERS | https://www.klsescreener.com/v2/announcements/view/7698173

Directors used company money to invest in quoted securities
Unrealized losses exceeded 100 million
If company fund runs low, directors will likely raise more funds via shares issuance to PP ESOS or RI

2 months ago

Wait for QR and see what the Directors performed

2 months ago

Daily88

RESULT OUT. 22MIL PROFIT. CAN U BELIEVE THAT?

2 months ago

So anything to share holder? Nothing. Remember ? September 2020 , 720MIL profit pun nothing, then some more kena pay out for Right Issue in NOV 2020 . Then June 2021 , lost 980 MIL . Who is enjoying the fun .. eh Fund.. eh party...

2 months ago

May 2024 consolidated. Shareholder left with dust

2 months ago

Next year physical AGM any i3 members interested to attend? Can ask why no dividend for us for example?

2 months ago

limch

How about any1 of you interested to be no 1 Fintec shareholder? If not mistaken major shareholder only own 0.54%(less than 1%) of Fintec? Can we join force to be no 1 shareholder? Once become no 1 shareholder how about removing BOD not taking care our interest?

2 months ago

limch

Malaysian listed companies no longer allowed to hold virtual-only general meetings next year — regulators
https://theedgemalaysia.com/node/724984

2 months ago

“Daily88 > RESULT OUT. 22MIL PROFIT. CAN U BELIEVE THAT?”

“M55555 > So anything to share holder? Nothing. Remember ? September 2020 , 720MIL profit pun nothing, then some more kena pay out for Right Issue in NOV 2020 . Then June 2021 , lost 980 MIL . Who is enjoying the fun .. eh Fund.. eh party…”

“M55555 > May 2024 consolidated. Shareholder left with dust”

Very interesting questions, especially the profit is very much higher than the revenue. Almost the same question asked at Bornoil forum, i.e.
“Jack Khan
What type of standard of accounting by reporting Invested share valuation as profit ? so confuse!”
“Jack Khan
Paper profit should not be in the income Statement!! This only show the company try to CON investor!”

Yes, so confused! When Paper Loss is considered as Loss, why Not Paper Gain Not considered as Profit? I am also confused as I am not an Accountant; what I know for ‘Double Entry’; the manner for any Paper Losses and Paper Gain shall enter on the same Ledger…

Why do I compare these two counters? The reason is one is Consolidated and the other is not; not to discredit Bornoil as I have no interest in Bornoil, just trying to answer the second question on ‘Shareholder left with dust’...

Bornoil reported RM128.318 mil profit and EPS of 1.07sen. If based on Fintec Consolidated of 30 shares into 1; will be 32.1sen, a fantastic figure…
In the Fintec case, reported RM14.098 mil profit and EPS of 7.13sen (cumulative of RM 22 mil profit and EPS of 11sen). The two sets of figures reflect EPS could be higher with Consolidation as the numbers of shares reduced in the calculation; is it ‘Shareholder left with dust’??

In the latest QR, Fintec NTA was adjusted from RM0.0362 to RM1.2024; compared with the last closing price of RM0.18, sooooo undervalue… is it ‘Shareholder left with dust’?? It all depends on timing of entry, mine is at RM0.005 for both mother and ICPS before Consolidation and purchased more ICPS at RM0.1 after consolidation.
Happy Trading for the coming week and TradeAtYourOwnRisk

2 months ago

Up 1.5 sen it because of QR EPS 7.13 sen and NTA finally adjusted to RM 1.2024? Insas supporters also said Insas very undervalue.

2 months ago

Traders talk about point of entries. Traders not interest in good or bad or even an PN17 counters. As long as good entry point and out just in time. Share holder or investor invest for future prospect . AND THIS is NOT the Counter. ANY Counters that do not increase shareholder value , pay dividend and have realistic biz( Not marketable securities) , should be avoid.

2 months ago

“5354_ > Up 1.5 sen it because of QR EPS 7.13 sen and NTA finally adjusted to RM 1.2024? Insas supporters also said Insas very undervalue.”

Insas is CASH undervalue, and every Quarters selling Inari shares to give Dividend from the sales. It is NOT employing the CASH to generate more profit.
On the contrary, Fintec is CASH poor, only Marketable Securities Rich. The Current and Non-Current Marketable Securities of RM122.9 mil vs Total Liabilities of RM33.035 mil; will do well in a bull market…

“M55555
Traders talk about point of entries… AND THIS is NOT the Counter. ANY Counters that do not increase shareholder value , pay dividend and have realistic biz( Not marketable securities) , should be avoid.”

Well said. Fintec needs to improve holding good Marketable Securities; and “THIS is the Counter that increase shareholder value, pay dividend and have realistic biz…and becomes everybody's darling stock” in the not so near future. If we know the future, that won't be any investment risk and won't be ‘TradeAtYourOwnRisk’...

2 months ago

Investors will come running in to Fintec once the few counters that Fintec is holding start to move up. With the latest QR report, only a small move is detected in the Bursa and thus, Fintec reported an increase of RM15.6 Millions paper profits in the last quarter. I hope with Malaysia getting more foreign investors in and our Malaysia's Economic scenerio improved as reported by the Foreign Media. Praying for the best.

2 months ago

hsong

Which counters fintech holds

2 months ago

Crony conters like AT, netx, focus, komark, vsolar, mlab, saudee,etc
Mostly fund raising company using shares issuance to PP, ESOS, etc

https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all

Search

Keyword minimum of 5 characters, including spaces.
FINTEC

Category
Changes in Shareholdings

2 months ago

FYI, hsong. Fintech currently holds 1. Focus Dynamics >30%, 2. DGB Asia >7%, 3. Netx >20% and Seacera >23%.

2 months ago

FOR NEWBIES

Directors continue to reward with ESOS

(a) Date of offer : 2 September 2024
(b) Exercise price of options offered : RM0.195
(c) Number of options offered : 5,301,000
(d) Market price of FINTEC’s shares on the date of the offer : RM0.195 each
(e) Number of options offered to Directors of FINTEC : Nil
(f) Vesting period of options offered : Not applicable

This announcement is dated 2 September 2024.

OTHERS | https://www.klsescreener.com/v2/announcements/view/7710569

=======
NOSH continue naik naik
Shareholder equity % and EPS continue diluted

Expect directors to do more fund raising via shares issuance to PP ESOS or RI

2 months ago

“hsong > Which counters fintech holds”

It is a very big ‘web’; one answer is in this comment:-
“TheContrarian > The people here doesn't know that Fintech owns 20.68% in Netx which in turn owns 15.75% in Mlab?”

There is another version by below forumer:-
“whistlebower99 > Crony conters like AT, netx, focus, komark, vsolar, mlab, saudee,etc
Mostly fund raising company using shares issuance to PP, ESOS, etc”

AT, Komark, Vsolar and Saudee already disposed of as detailed below; furthermore…
Some share the same directors, some are not. Some share the same registered office (so called Lien Hoe group), some do not.

The big ‘web’ (old info) is well illustrated in the article link:
https://klse.i3investor.com/web/blog/detail/savemalaysia/2021-04-21-story-h1564077216-Special_Report_Hidden_hands_behind_penny_stock_surge_under_scrutiny

As shown in the chart, Mlab is not directly under Fintec. Fintec only holding 1.31% in AT; after “ABC had disposed an additional 150,551,800 ordinary shares in open market” and
“...As of the announcement date, the indirect shareholdings of FINTEC and direct shareholdings of ABC in ATS are 71,048,200 ordinary shares or equity interest of 1.31% respectively.
This announcement is dated 20 January 2022.”
Link: https://www.klsescreener.com/v2/announcements/view/3491263
“Pursuant to Rule 9.19(27) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of FINTEC wishes to announce that its wholly-owned subsidiary, Asiabio Capital Sdn. Bhd. (“ABC”), and the Company have on 22 June 2021 ceased to be substantial shareholders of Komarkcorp Berhad (“KOMARK”) due to the disposal of 33,000,000 ordinary shares (representing approximately 91% of ABC’s total shareholdings in KOMARK) in open market.
As of the announcement date, ABC and FINTEC do not hold any equity stake in KOMARK.
This announcement is dated 3 August 2021.”
Link: https://www.klsescreener.com/v2/announcements/view/3403621
“Reference is made to the announcements made on 3 August 2021 pursuant to Rule 9.19(27) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") and the query letter dated 6 August 2021 from Bursa Securities.
The Board of Directors of FINTEC wishes to further announce that its wholly-owned subsidiary, Asiabio Capital Sdn. Bhd. (“ABC”), that is principally involved in the investment of marketable securities, had disposed all its shares held in Komarkcorp Berhad, VSolar Group Berhad and Saudee Group Berhad.”
Link: https://www.klsescreener.com/v2/announcements/view/3406129
From the list, as far as I know, Fintec still holds Netx and Focus Dynamic only…
An interesting read of some answers to rumors and others shareholding in this link: https://www.klsescreener.com/v2/announcements/view/3347657

Disclaimer: All info is extracted from Link as indicated; any error or misrepresentation shall BE excused..Happy Trading and TradeAtYourOwnRisk

2 months ago

“whistlebower99 > FOR NEWBIES
Directors continue to reward with ESOS…”

As on item (e) Number of options offered to Directors of FINTEC : Nil,
how “Directors continue to reward with ESOS…”?? The other statement “NOSH continue naik naik Shareholder equity % and EPS continue diluted” is correct; alas at a ratio of 5.3/197.89

The ESOS is NOT something new, already spelt out prior to Consolidation exercise as below:-
“The Company has the following convertible securities:
(i) 222,908,385 outstanding ICPS;
(ii) 170,092,838 outstanding Warrants A; and
(iii) up to 155,145,300 ESOS Options which may be granted and exercised pursuant to the maximum allowable amount under the ESOS.
The Company does not intend to grant any ESOS Options prior to the completion of the Proposed Share Consolidation.” The items i, ii and iii need to divide by 30, and item ii expired..

2 months ago

No chance anymore to buy below ESOS 19.5 sen?

2 months ago

Jack Khan

Better don't touch such counter and related counter!

2 months ago

(a) Date of offer : 2 September 2024
(b) Exercise price of options offered : RM0.195
(c) Number of options offered : 5,301,000
(d) Market price of FINTEC’s shares on the date of the offer : RM0.195 each.

ACCORDING TO THE ABOVE, 5,301,000 SHARES ISSUED FROM ESOS IS THE LAST ESOS BUT THE OFFER EXCEEDED THE 155,145,300 STATED IN NUMBER (iii) ABOVE. WHY?

1 month ago

155,145,300 DIVIDED BY 30 = NOT MORE THAN 5,171,510 ONLY SHOULD BE ALLOWED. WHY ISSUED 5,301,000 NEW ESOS SHARES LATELY???

1 month ago

JJPTR

Good news, China will impose new rules on plc that have continuos 5 qtrs of loses. Existing CEO and senior executives compulsory to step down and replaced.

1 month ago