HUBLINE BHD
KLSE (MYR): HUBLINE (7013)
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Last Price
0.035
Today's Change
-0.005 (12.50%)
Day's Change
0.035 - 0.035
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10,900
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| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
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KUALA LUMPUR (Aug 20): Hubline Bhd and MISC Maritime Services Sdn Bhd (MMS) are exploring a potential collaboration in the port and terminal management and operations space, as well as related marine services segment in Sarawak.
In a filing, Hubline said it has today inked a memorandum of understanding (MoU) with MMS on the matter.
MMS is the port management and maritime services outfit that is 100%-owned by Petronas-linked MISC Bhd.
“Hubline is desirous to expand into the oil and gas (O&G) infrastructure development activities in Sarawak, to complement its existing business activities,” Hubline said.
“This includes the provision of port and terminal management and operations and related marine services.
“MMS and Hubline wishes to explore a potential collaboration in the port and terminal management and operations and related marine services segment in Sarawak,” it added.
According to Hubline’s annual report, the Sarawak-based outfit is principally involved in two business segments, namely barge logistics and flying academy and aviation logistics.
Shares of Hubline closed unchanged at 4 sen on Friday, valuing the shipping group at RM170.8 million.
2021-08-20 21:04
finally some good news here lol.......partnering with MISC...thats big deal
2021-08-20 21:04
HUBLINE BERHAD (“Hubline” or “the Company”)
AWARD OF CONTRACT FROM SURUHANJAYA PILIHAN RAYA (“SPR”)
1. INTRODUCTION
Hubline Berhad (“Hubline” or “the Company”) is pleased to announce that its subsidiary,
Layang Layang Aerospace Sdn Bhd (“LLA”) has been awarded a contract to provide
helicopter and fixed wing rental services for the use at the General Election (“GE”) of the
12th Sarawak State Assembly (DUN) by the Malaysian Election Commission, Suruhanjaya
Pilihan Raya (“SPR”) for a total contract sum of Ringgit Malaysia Twenty Five Million Six
Hundred Seventy Three Thousand Two Hundred (RM 25,673,200.00) inclusive of 6% SST.
In preparation of the next GE, LLA had earlier been invited by SPR to bid for this tender
contract and have now been informed of their success. However, due to the
uncertainties of when the next GE can take place due to the current pandemic, this
contract spans 2 years.
2. SCOPE OF SERVICES OF THE CONTRACT
LLA is being contracted to provide helicopter and fixed wing rental services to the
Malaysian Election Commission, Suruhanjaya Pilihan Raya (“SPR”) for use at GE of the
12th Sarawak State Assembly (DUN).
LLA will be responsible to provide:
a. Helicopter and fixed wing aircrafts inclusive of the aviation operations supplies
and equipment;
b. Aircraft and crew preparation;
c. Implementation of flight schedules and operations.
LLA will also be required to implement the Professional Training and Education for
Growing Entrepreneurs (PROTEGE) program as set by the Government and approved by
the PROTEGE Secretariat.
3. DURATION OF THE CONTRACT
Due to the current pandemic, there are uncertainties of when the next GE can take
place. Hence, this contract spans 2 years from 26 August 2021 to 25 August 2023.
4. FINANCIAL EFFECTS
The contract announced herein will have no material effect on the issued share capital
of the Company and is expected to contribute positively towards the earnings of Hubline
Group for the financial year ending 30 September 2022 and/ or 30 September 2023
whichever period the GE is held.
5. RISK FACTORS
The Company does not foresee any exceptional risk other than operational risk
associated with the contract.
6. INTEREST OF DIRECTORS, SUBSTANTIAL AND/OR MAJOR SHAREHOLDERS AND/OR
PERSONS CONNECTED
None of the Directors, substantial and/or major shareholders of Hubline or any persons
connected to them have any direct or indirect interest in the contract.
7. APPROVAL REQUIRED
The Agreement is not subject to the approvals of shareholders of Hubline or any
relevant authorities.
8. DIRECTORS STATEMENT
The Board of Directors of the Company is of the opinion that the acceptance of the
contract is in the best interest of the Company.
This announcement is dated 6 September 2021.
2021-09-06 17:25
very heavy ....too many shares....may only go up when its closer to Sarawak election
2021-09-07 21:01
PRIVATE PLACEMENT OF UP TO 10.0% OF THE TOTAL NUMBER OF ISSUED SHARES OF HUBLINE
No. of shares issued under this corporate proposal 19,932,031
Issue price per share ($$) Malaysian Ringgit (MYR) 0.0355
Latest issued share capital after the above corporate proposal in the following Units 4,289,965,177
Listing Date 09 Sep 2021
=============================
Total issued shares = 4,289,965,177
WC = 944,837,534 if fully converted, total issued shares exceeded 5 BILLION shares
===========================
Heavy mother and son
2021-09-08 15:04
FOR NEWBIES
Kanger with NOSH of 5.9billion shares, is the latest low-price penny stock to proposed shares consolidation of 10:1
Be careful of penny stocks that have multi billion issued shares.
Trade wisely.
2021-11-15 10:11
Changes in Director's Interest (Section 219 of CA 2016)
HUBLINE BERHAD
Information Compiled By KLSE
Particulars of Director
Name DATO RICHARD WEE LIANG HUAT @ RICHARD WEE LIANG CHIAT
1 03/01/2022 25,500,000 Disposed Deemed Interest
Name of registered holder BNDM Incorporated Holdings Sdn. Bhd.
Consideration (if any) RM0.040 per share
Disposal of 25,500,000 Ordinary Shares in Hubline Berhad off market by BNDM Incorporated Holdings Sdn. Bhd. Deemed Interest by virtue of Dato Richard Wee Liang Huat @ Richard Wee Liang Chiat's shareholding in BNDM Incorporated Holdings Sdn. Bhd. pursuant to Section 8(4) of the Companies Act 2016.
Total no of securities after change
Direct (units) 72,000
Direct (%) 0.002
Indirect/deemed interest (units) 1,160,900,549
Indirect/deemed interest (%) 27.061
Date of notice 03/01/2022
===================
Disposal of shares by BNDM related to director
2022-01-04 11:33
HUBLINE will be a star in the next 10 years. Indonesia is shifting their capital to east kalimantan. More business opportunities to be seen.
2022-02-07 08:50
FOR NEWBIES
Changes in Director's Interest (Section 219 of CA 2016)
Particulars of Director
Name DATO RICHARD WEE LIANG HUAT @ RICHARD WEE LIANG CHIAT
1 28/03/2022 16,600,000 Disposed Deemed Interest
Name of registered holder BNDM Incorporated Holdings Sdn. Bhd.
Consideration (if any) RM0.040 per share
Disposal of 16,600,000 Ordinary Shares in Hubline Berhad off market by BNDM Incorporated Holdings Sdn. Bhd. Deemed Interest by virtue of Dato Richard Wee Liang Huat @ Richard Wee Liang Chiat's shareholding in BNDM Incorporated Holdings Sdn. Bhd. pursuant to Section 8(4) of the Companies Act 2016.
Direct (units) 72,000
Direct (%) 0.002
Indirect/deemed interest (units) 1,110,200,549
Indirect/deemed interest (%) 25.879
Date of notice 28/03/2022
================
NOSH = 4,289,965,177
WC = 944,837,534
Maturity 2023-12-17
Strike value 0.0550
https://www.klsescreener.com/v2/stocks/view/7013/hubline-berhad
===========
TAYOR
2022-03-29 11:53
FOR NEWBIES
VSOLAR GROUP BERHAD ("VSOLAR" OR THE "COMPANY")
(I) PROPOSED DIVERSIFICATION;
(II) PROPOSED SHARE CONSOLIDATION; AND
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS
This announcement is dated 8 April 2022.
=================
Another loss making high NOSH penny stock going shares consolidation and fund raising rights issue exercise.
Some stocks that had consolidated are pasukgb, pdz, lambo, trive, kanger, sanichi, pworth, etc
Those in the process are Ages, Mtronic, Digistar and Vsolar
===================
Be careful trading loss making penny stocks that has huge NOSH (BILLION SHARES)
Best and safest to avoid penny stocks with multi-billion issued shares. Directors have power to propose shares consolidation and raise more fund via rights issue with free warrants
===============
TAYOR
2022-04-11 08:54
This stock is like a 5 sen coin. One doesn't even want to pick up when one sees one on the street!!!
2022-04-27 08:16
Becareful.. the disposals of shares are becoming a pattern every mnth. They disposed 16,600,000 x3 every end of the mnth.
2022-05-01 18:59
FOR NEWBIES
Latest penny stocks to propose shares consolidation are FAST & YONGTAI while AGES, MTRONIC & DIGISTA had just completed the exercise or on-going.
Other high NOSH penny stocks that had undergone shares consolidation include pasukgb, pdz, kanger, lambo, sanichi, mtouche, netx, mlab, trive.......etc
Be aware of the risk of trading penny stock with high NOSH multi BILLION issued shares or multi-year losses with directors frequently raising fund via shares issuance to RI, PP and ESOS.
Directors have power to propose shares consolidation and rights issue with free warrants to continue with fund raising exercise
TAYOR, set realistic target
2022-05-20 10:24
@koyokui, Buying Hubline is like going to prison. Easy to get in, barriers are so high to get out!!!!
1 month ago
FOR NEWBIES
NOSH = 4,289,965,177
WC = 944,837,534
Maturity 2023-12-17
Strike value 0.0550
More than 5 BILLION shares and warrants combined
Too heavy to push to high price
https://www.klsescreener.com/v2/stocks/view/7013/hubline-berhad
================
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
===============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance
====================
TAYOR, set realistic target
1 month ago
https://www.theedgemarkets.com/article/hubline-explores-kuching-port-d...
finally some news on hubline........literally the only penny stock that hardly goreng....perhaps its time!
3 weeks ago
Hubline has been either NOT sailing or sailing at calm seas. Come on, it is time to sail through HIGH seas!
3 weeks ago
cut loss already, invest in techs, made profits, came back to visit Hubline, and still in COMA!!!!
1 week ago
Buying Hubline is like going to prison. Once in very difficult to get out!!!
1 hour ago
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Hubline need partner like Credit suisse AG to goreng
2021-07-07 11:24