Musang King

CONSOLIDATE 30:1 EGM 02/APRIL/2024 AT 11AM VIRTUAL EGM ONLY. I THINK IT'S GOOD IF YOU HAVE MILLIONS OF SHARES, GIVING OPPORTUNITY FOR FINTEC TO MOVE UP EASILY ONCE AFTER CONSO. PRICE WILL MOVE UP AS THERE ARE 30 TIMES LESS SHARES IN THE MARKET. IF DROP, WE CAN STILL BUY SOME MORE TO KEEP SO THAT WE CAN REDUCE OUR AVERAGE BUYING COST FOR FINTEC MORE EASILY. I BELIEVE FINTEC SHARE PRICES CAN MOVE UP WITHOUT MUCH HINDRANCES AS THE NTA (NET WORTH) THEN WILL BE APPROXIMATELY RM1.20 PER SHARE. SELLING WISE, IT'S EASIER TO SELL AS SELLING A SMALL AMOUNT OF SHARES REPRESENT 30 TIMES OF WHAT WE ARE HOLDING NOW. OBVIOUSLY, I AM VOTING FOR THE EGM. I THINK IT'S A VERY GOOD MOVE, PROVIDED THE MANAGEMENT DO NOT THINK OF ADDING NEW PRIVATE PLACEMENT OR ESOS TO ADD NEW SHARES ANYMORE. THIS IS EXTREMELY IMPORTANT FOR THE BENEFIT OF ALL FINTEC LOYAL SHAREHOLDERS.

1 month ago

cheated

Fintec RI nobody in i3 subscribe true?

1 month ago

cheated

SC confirms raid on some listed firms over suspected abuse of fund-raising activities
https://theedgemalaysia.com/node/704599

1 month ago

Musang King

Regarding those Fintec-PA I have, I apply to convert them to Mother Shares today. Submitted my Filled Up Form - Original Copy signed passed to Tricor Customer Service Counter at Ground Floor, Tower A, Vertical Business Suite, Bangsar South. They required RM20.00 as service charge for conversion using surrendering of 11 Fintec-ICPS to 8 Fintec share method. Good luck to all of us, Fintec Global Loyalist.

1 month ago

Musang King

Cheated : Fintec RI nobody in i3 subscribe true?
THERE IS NO RI FOR FINTEC UNDER THIS CONSOLIDATION EXERCISE UNLIKE MLAB, AT AND OTHERS.
FINTEC EGM IS ONLY FOR CONSOLIDATION OF SHARES FROM 30 TO 1. THAT'S ALL. OUR MAIN PURPOSE OF CONSOLIDATION IS TO REDUCE THE HUGE NUMBERS OF EXISTING SHARES BY 3O TIMES SO THAT FINTEC FUTURE SHARES CAN GO UP WITHOUT HINDRANCES. WHAT IS THE POINT OF CREATING MORE SHARES BY RIGHT ISSUE, PP OR ESOS ? IT DEFEATS THE PURPOSE OF SHARE CONSOLIDATION EXERCISE. PLEASE PROTEST IF THERE IS RI , PP OR ESOS IN THE FUTURE UNLESS THERE IS A NEED FOR MORE FUNDS FOR VERY USEFUL PURPOSES.

1 month ago

whistlebower99

FOR NEWBIES

https://thecorporatessecret.com/blog/2024/03/15/sc-serbu-syarikat-mafia-korporat-kenneth-vun-di-menara-lian-hoe-tropicana-dakwaan-penipuan-saham-rm20b/

1 month ago

Musang King

NOTED THAT WE ARE VERY CONCERNED WITH THE LATEST RAID BY SC ON THE MAFIA CORPORATE CASE.

AFTER READING THE SC NEWS ABOVE, NOTE THAT KENNETH VUN ( UNDER THE ARM OF SANSTON FINANCIAL CORP LTD ) ONLY INVOLVED FINTEC GLOBAL AT THE INITIAL STAGE WHERE FINTEC PRICES WENT UP TO 16.7 SEN AT ONE TIME A FEW YEARS BACK. MANY INVESTORS SUFFERED SERIOUSLY AFTER FINTEC SHARES WENT UP AND TUMBLING DOWN TO HALF A SEN NOW. THOSE EARLY INVESTORS INCLUDING RI , ICPS , PP, SIS AND ESOS INVESTORS ALL REALLY HATED HIM SO MUCH FOR SIPHONING THEIR HARD EARNED MONEY.

TODAY, LUCKY TO SAY, KENNETH VUN, SOPHIA CHIN, VICTOR CHIN BOON LONG, CAROL VUN, GRACE VUN, MAK SIEW WEI AND BENSON TAY ARE NOT INVOLVED WITH OUR FINTEC DIRECTLY. THERE ARE TWO OR THREE PROXIES OF KENNETH VUN DETECTED STILL SITTING ON THE BOARD OF SEACERA AS AT TODAY.

I AM VERY PLEASED THAT FINTEC RECENT EXERCISE ONLY ASKED FOR SHARE CONSOLIDATION 30:1 AND NOT ADDING ANYMORE NEW SHARES LIKE RI & NEW WARRANT TO FINTEC LATELY. WHEN MLAB AND ATS WENT FOR THEIR CONSOLIDATION, THEY DID ASKED FOR RI PLUS FREE WARRANTS WHICH DEFEATED THE PURPOSE OF THEIR SHARE CONSOLIDATION EXERCISES. SUCH NEW PP, RI WITH FREE WARRANTS CERTAINLY MEANS THERE IS ELEMENT OF CHEATING ON THEIR CURRENT INVESTORS MORE OUT OF THEIR HARD EARNED MONEY.

HOW TERRIBLE - KENNETH VUN & THEIR PROXIES WERE DOING ???!!!???.

AS FINTEC SHAREHOLDERS, WE MUST KEEP A VERY CLOSE EYES WATCHING THESE PROXIES MOVEMENTS.

TO OUR BOARD OF DIRECTORS OF FINTEC GLOBAL BERHAD, PLEASE DO NOT ALLOW ANYMORE OF SUCH MANIPULATION IN OUR GROUP OF COMPANIES IN FINTEC FROM NOW ONWARDS. THANK YOU VERY MUCH.

1 month ago

sitia

Very well said Musang King.

EVER SINCE 2020, so many bad news of FINTEC being circulated on i3. I hope the company really come out to clean up the image of FINTEC GLOBAL. Image of a company is very important.

1 month ago

sitia

I don’t think is Fintec involved in the raid. Tq

1 month ago

Icon 888

Consolidate 30 To 1 la

1 month ago

sitia

Many stocks are consolidating. IRIS , 4:1. Good stock also consolidate.

1 month ago

Musang King

Consolidate for the goodness and benefit of the All the Shareholders is OK. Don't consolidate and then issue new shares again using whatever methods to cheat the investors from their hard earned money. Example is MLAB and EDU-SPEC recently.

1 month ago

sitia

A company image is very important. When received backlash from some public, a company will try their best to ratify.But Fintec didn't. Being label as con, money laundering, is a tarnish image for company like Fintec. It only strengthen the roadside rumors that Fintec is a con.
I hope Fintec can explain it. Please don't play the silent game. Shareholders are worry.

1 month ago

Musang King

[FINTEC] Conversion of Preference Shares on 26-Mar-2024
Stock
[FINTEC]: FINTEC GLOBAL BERHAD
Announcement Date
26-Mar-2024
Listing Date
27-Mar-2024
New Type/Class?
No
Type
Conversion of Preference Shares
Details
Conversion of Irredeemable Convertible Preference Shares
No. of shared issued
3,300,000
Issue Price
Malaysian Ringgit (MYR) 0.110

1 month ago

Musang King

I got my Fintec-PA converted to Fintec Shares listed today 27/3/2024. Service Charge RM20.00 cash paid to TRICOR Customer Service Counter at Tower A, Ground Floor of Vertical Biz Suite, Avenue 3, Bangsar South.

1 month ago

Musang King

Tomorrow, EGM at 11am to pass Members Resolution for Reduction of Shares from 5.9 Billions to 220 millions using 30 to 1 Ratio. This Exercise is to Consolidate our Fintec Position so that our Fintec Shares can be more marketable and easy to dispose. Less shares are in the market and it may go up to the PAR VALUE of RM1.20 a share more easily with 30 times less shares now. If if Fintec drops less than 15 sen a share, we are like buying less than RM0.005 ( half a sen ) now a pre-Consolidation Minimum price set by the Bursa. So, if it drops further, it is a Golden Opportunity to accumulate more. If Fintec fundamentals remain, its share price should be above 30 sen or more after Consolidation Exercise tomorrow. See the Showtime how it goes. I personally believe Fintec Shares after Consolidation should be around 45 sen and more depends on the Bursa KLSE index, the Share Market and the Price Movement of Seacera Shares in the future.

1 month ago

Musang King

Watching closely SP Setia Berhad is developing their Banyan Project in Semenyih and their response may affect our Semenyih;s Land nearby them. SP Setia Bhd had launced their development activities last year on September 15, 2023. Our 501 acres of Freehold Development Land is just on the main road before the Nirvana's Famous Landmark in Semenyih. Currently still valuated and declared at RM36 psf since 15th March 2017, about 7 years ago according to the Seacera's Annual Report yearly.

1 month ago

limch

Why nobody propose Seacera sell Semenyih land to SP Setia?

1 month ago

limch

Seacera NTA >RM1 even sell land at half price(unlikely) Seacera TP >50 sen?

1 month ago

Musang King

630,126,100 BUYERS WAITING EVERYDAY AT HALF A SEN ( RM0.005) FOR MANY MANY MONTHS BEFORE 30:1 CONSOLIDATION.

I WANT TO PUT ON RECORD HERE THAT, THESE 630,126,100 BUYERS ARE EXPECTED TO BUY AT 15.0 SEN AFTER THIS 30 TO 1 CONSOLIDATION IS OVER.

IF THEY DO NOT BUY AT EX-CONSO PRICE OF 15 SEN, IT IS VERY VERY CLEAR THEY ARE THE CONMEN & CHICKENS. IF THEY BUY, THEY ARE REAL GENTLEMEN, I REALLY SALUTE.

THANK YOU FOR READING.

1 month ago

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

https://theedgemalaysia.com/article/special-report-hidden-hands-behind-penny-stock-surge?type=malaysia


Special Report: Hidden hands behind penny stock surge

By The Edge Malaysia / The Edge Malaysia
30 Sep 2020, 06:00 pm

This article first appeared in The Edge Malaysia Weekly on September 21, 2020 - September 27, 2020

ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices.

“It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.

1 month ago

whistlebower99

FOR NEWBIES

CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN FINTEC GLOBAL BERHAD ("FINTEC" OR THE "COMPANY") ("FINTEC SHARES" OR "SHARES") INTO 1 FINTEC SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
Ex-Date 07 May 2024

=========
Long term shareholders bought at high price will incur huge losses due to directors action for share consolidation.

On ex date shareholding will be reduced by 30 times!!!

After completion, be prepared to contribute more money to directors fund raising activities via shares issuance to RI
Directors will also raise more fund via share issuance to PP ESOS or asset acquisition.

Share Consolidation | https://www.klsescreener.com/v2/announcements/view/6868879

2 weeks ago

Musang King

Q at 0.005 today 23/4/2024 Numbers =
325,336,200

Q to Sell Position
Price 0.01 numbers
278,513,700

Upon Announcement today - ex-date 7/5/2024 - Numbers to buy equals Numbers to Sell. Half of the queing numbers for 0.005 cabut already.

2 weeks ago

Daily88

WHY THEY CABUT ?

2 weeks ago

Musang King

Q at 0.005 today 24/4/2024 Numbering = 378,894,000 (905 waiting)
Q to sell at 0.01 numbering = 309,029,700 (813 waiting)
2nd Day announced 30:1 ex-date 7/5/2024 - Notice that the numbers of buying increased slightly over selling.

2 weeks ago

M55555

today only Q. I sudah Q 0.005 for 3 bulan . Seketul pun belum dapat match.

2 weeks ago

Musang King

Q at 0.005 today 25/4/2024 drops to 359,594,300 (863 waiting)
Q to sell at 0.01 number also drops to 303,815,800 (819 waiting)
3rd Day announced 30 to 1 - ex-date 7/5/2024 - Interest dropping waiting for ex-date market prices to buy.

2 weeks ago

Musang King

Dwinling interest noted. Today Monday 29/4/2024 Q at 0.005 drops to 289,107,700 ( 711 waiting )
Q to sell at 0.01 number almost the same 305,403,500 ( 812 waiting )
Ex-Date coming 7/5/2024 - This whole week should be a Selling Week at 0.005 no choice.

1 week ago

Musang King

Monday 06/05/2024 is the last final day of trading Fintec before consolidation 30 to 1 on the 7/5/2024. Total buying Q at 0.005 was 266,873,900 (671 waiting) and total selling at 0.01 was 296,359,800 (800 waiting) recorded on the close Friday 3/5/2024. Ex-Price should be 15 sen and above after 07/05/2024. Strong urge to BUY if Fintec price drops below 15 sen and Fintec-PA price drops below 11 sen based on my Calculation.

6 days ago

M55555

Alamak closing 0.005. See you tomorrow @ 0.15 . Not 0.30 . climbing 0.15 to 0.30 will be hard. It is easier to slide from 0.30 to 0.15... hahahahahaaaaaaa . Now will be sliding from 0.15 , 0.14 and so ... back to 0.005?

4 days ago

whistlebower99

FOR NEWBIES

CONSOLIDATION OF EVERY 30 EXISTING ORDINARY SHARES IN FINTEC GLOBAL BERHAD ("FINTEC" OR THE "COMPANY") ("FINTEC SHARES" OR "SHARES") INTO 1 FINTEC SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
Ex-Date 07 May 2024

=========
Long term shareholders bought at high price will incur huge losses due to directors action for share consolidation.

On ex date shareholding will be reduced by 30 times!!!

After completion, be prepared to contribute more money to directors fund raising activities via shares issuance to RI
Directors will also raise more fund via share issuance to PP ESOS or asset acquisition.

Share Consolidation | https://www.klsescreener.com/v2/announcements/view/6868879

3 days ago

JJPTR

Today , the so called cockperate exercise of Fintec from 30shares to 1 share has been completed. It is now 16c. For those who bought @1c-3c before the exercise, your avg price have been adjusted to 30c-90c. As at 16c now, your paper loss range from -50% to -80%. just because it looks cheap @1c or 3c. This cocperate exercise is as good as useless for you minority shareholders.

3 days ago

sunsetbiz

waiting again below 5c .....:)

3 days ago

M55555

Quite a volume, half day aleady 8+million ( if before consolidate = 240+million). 1 cent profit goreng.

3 days ago

Sales

Right issue no ending story. Goreng stock

3 days ago

Musang King

STARTED 17.0 SEN AT 9AM .....CLOSE AT 16.5 SEN AT 5 PM. TOTAL DONE 11,170,100 SHARES EQUAVALENT TO 335,103,000 OLD FINTEC SHARES ( IF MULTIPLY BACK BY 30 ). NOT BAD FOR A START. AT LEAST EASIER TO TRADE NOW. HOPE FINTEC WILL CLIMB UP TO 30 SEN IN ONE MONTH TIME. IF DROP BELOW 15 SEN, THERE SHOULD BE A LOT OF BUYERS AS THE NTA NOW IS RM1.17 SEN A SHARE.

3 days ago

Musang King

335 MILLION SHARES (OLD SHARES) NOW TALLY WITH THOSE QUEING TO BUY BEFORE CONSOLIDATION. FAIR. THESE BUYERS DID NOT RUN AWAY. I RESPECT THEM. THEY ARE GENUINE BUYERS BEFORE. THANKS.

3 days ago

Musang King

335 MILLION SHARES (OLD SHARES) NOW TALLY WITH THOSE QUEING TO BUY BEFORE CONSOLIDATION. FAIR. THESE BUYERS DID NOT RUN AWAY. I RESPECT THEM. THEY ARE AFTERALL GENUINE BUYERS AS BEFORE AS WHAT WAS PROVEN BY THE VOLUME TODAY - 11.170 MILLION SHARES TRADED. THANKS.

3 days ago

M55555

SO..... who are those sellers???? We need to see both side. Why sell now after consolidate and not before ?

2 days ago

Musang King

Many People simply need some Cash at times. Forced to sell if not they would not sell if they are Rich.

2 days ago

Musang King

Day Price Range 0.155 - 0.165 but Closing at 0.160
Today Trading Volume is 1,502,700 if convert back to old Fintec Shares = 45.081 Million Shares.
Looking forward to more interested buyers at higher price as Buying now is made so easy after consolidation.

2 days ago

M55555

TODAY 0.15 = 0.005. ya..... soon can get lower than 0.005 before consolidation price. Toilet paper lagi mahal

1 day ago

5354_

Volume not much because sellers not interested to sell at low price unless desperate for money?

1 day ago

whistlebower99

FOR NEWBIES


On behalf of the Board, TA Securities wishes to announce that Fintec’s existing number of 5,927,117,874 Shares have been consolidated into 197,563,422 Consolidated Shares with effect from 5.00 p.m. today (after disregarding the fractional entitlements arising from the Share Consolidation) pursuant to the Share Consolidation.

The Consolidated Shares will be listed and quoted on the ACE Market of Bursa Securities with effect from 9.00 a.m. on 9 May 2024.


This announcement is dated 8 May 2024.


=========
NOSH = 197,563,422 shares

Very light and easy for cindy kate to push up and then push down to catch punters, fomo, newbies, etc.

Be careful with your trading, don't be the ones caught at high prices.

1 day ago

limch

Consolidate so that we don't see up 100% or down 50% like last time.

1 day ago

whistlebower99

Many already caught at high prices of past years and shareholding slashed down by 30 times. No way to recover initial capital.

1 day ago

BE_GREEEEEDY

potential 20 sen anytime

16 hours ago

M55555

Consolidate to make it lighter for easy goreng? NEED TO WORK TO SHOW CONSISTENT EARNING AND PROFIT OR FUTURE PROSPECT.

15 hours ago

Musang King

Received Bursa Statement yesterday through email. Reported I have so many old Fintec Shares X by today rate RM0.165 = Many RM Millions 000,000.00 ....KAYA loh if read according to my Bursa Malaysia CDS Statement of Account for the Month ended 07-05-2024. If I present the copy to the USA or New Zealand Immigration Office, I can get instant approval for Migration straight away. Hahahaaaaa..Suddenly, I became so RICH today. If you do not believe, just go see and check your Bursa Malaysia Statement of Account you just received.

13 hours ago

BE_GREEEEEDY

Golengg is imminent
20 sen is immediate TP $$$$$

4 hours ago