PROPOSED PRIVATE PLACEMENT OF UP TO 10% OF THE NUMBER OF ISSUED SHARES IN THE COMPANY (EXCLUDING ANY TREASURY SHARES) PURSUANT TO THE GENERAL MANDATE OBTAINED FROM THE COMPANY'S SHAREHOLDERS ("PROPOSED PRIVATE PLACEMENT")
On behalf of the Board, TA Securities wishes to provide additional information in relation to the Proposed Private Placement. Please refer to the attachment for further details.
PROPOSED RIGHTS ISSUE On behalf of the Board of Directors of Dolphin, Mercury Securities Sdn Bhd wishes to announce that Dolphin proposes to undertake a renounceable rights issue of up to 178,384,776 new ordinary shares in Dolphin ("Shares") ("Rights Shares") together with up to 133,788,582 free detachable warrants of Dolphin ("Warrants-C") at an issue price of RM0.075 per Rights Share on the basis of 4 Rights Shares together with 3 Warrants-C for every 3 Shares held on an entitlement date to be determined later ("Proposed Rights Issue").
Please refer to the enclosed attachment for further details on the Proposed Rights Issue.
========== Take note of amended Rights Issue proposal Old ones not implemented. Get your money. This time rights issue is confirmed. Directors looking forward to collect more money from shareholders via shares issuance to Rights issue
================= Your total shares has been reduced by 5 times
This is 2nd time shares consolidation. First time in Jan 2020
Announced EX Date Subject Ratio Offer 14 Nov 2023 27 Nov 2023 Share Consolidation 1.0000 : 5.0000 View 09 Jan 2020 22 Jan 2020 Rights Issue (warrant) 100.0000 : 1.0 0.1050 View 09 Jan 2020 22 Jan 2020 Share Consolidation 1.0000 : 50.0000 View
Take note of previous FUND RAISING activities by directors via shares issuance
Announced EX Date Subject Ratio Offer 18 Apr 2022 05 May 2022 Rights Issue 2.0000 : 1.0000 0.2000 View 29 Mar 2022 11 Apr 2022 Share Consolidation 1.0000 : 15.0000 View 05 Feb 2020 18 Feb 2020 Rights Issue 13.0000 : 1.00 0.0100 View
ESOS Details of corporate proposal Shares Issuance Scheme No. of shares issued under this corporate proposal 90,000,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0225 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 1,471,215,831 Issued Share Capital ($$) Malaysian Ringgit (MYR) 99,117,059.650 Listing Date 21 Nov 2023
========== Directors get to collect more fund via shares issuance to ESOS Employee get to sell for instant profits Retail shareholders equity % get more diluted.
NOSH keep increasing toward 1.5 BILLION shares Be aware that directors have power to propose shares consolidation if NOSH become too huge and difficult to handle more fund raising
1. Laying of the audited financial statements and the reports of the directors and auditors
2. Election of Director THAT re-election of the Executive Chairman, Dato’ Tan Wei Lian who retires in accordance with Article 95 of the Company’s Constitution, be hereby approved.
3. Election of Director THAT re-election of the Non-Independent Non-Executive Director, Chua Eng Chin...
4. Election of Director THAT re-election of the Independent Non-Executive Deputy Chairman, Dato’ Syed Abdul Aziz bin Syed Hassan...
5. Election of Director THAT re-election of the Independent Non-Executive Director, Dato’ Zainol Abidin bin Mohamed.....
6. Appointment of auditors THAT the appointment of Messrs UHY, Chartered Accountants....
7. Approval for directors’ meeting allowance in accordance with Article 103 and 104 respectively of the Constitution and pursuant to Section 230(1)(a) of the Companies Act 2016
THAT approval be given for the payment of Directors’ meeting allowance of up to RM150,000.00 (2022 : RM150,000.00) for the period from this AGM until the next AGM to be held in year 2024 and be payable after the meeting in arrears.
8. Allotment of shares or grant of rights and waiver of pre-emptive rights with the Company approval pursuant to Sections 75, 76 and 85 of the Companies Act 2016 respectively
By Order of the Board TWL HOLDINGS BERHAD Company Secretary HENG CHIANG POOH FCIS (CS) (CGP) MAICSA 7009923
NOSH now above 1.5 Billion shares If directors continue to raise more funds via shares issuance to PP and ESOS, NOSH might increase further to multi BILLION shares Don't be surprised when directors propose another shares consolidation exercise in near future
Private placement of up to 10% of the total number of issued shares of Priceworth International Berhad No. of shares issued under this corporate proposal 44,286,980 Issue price per share ($$) Malaysian Ringgit (MYR) 0.1129 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 1,539,358,501 Listing Date 20 Nov 2023
========== Directors doing fund raising again via shares issuance to PP, probably ESOS soon Shareholders equity % get diluted Selected PP investors making instant profit with lower issue price.
Particulars of Substantial Securities Holder Name PEMBINAAN VIANA SDN. BHD. Address Suite C-05-03, Block C, Setiawalk Persiaran Wawasan Pusat Bandar Puchong Puchong 47160 Selangor Malaysia. Company No. 202201000821 (1446518-X) Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Name of registered holder Pembinaan Viana Sdn. Bhd. Address of registered holder Suite C-05-03, Block C, Setiawalk, Persiaran Wawasan, Pusat Bandar Puchong, 47160 Puchong, Selangor Date of cessation 03 Nov 2023 No of securities disposed 52,318,800 Circumstances by reason of which a person ceases to be a substantial shareholder Disposal of shares via open market Nature of interest Direct Interest
Date of notice 16 Nov 2023 Date notice received by Listed Issuer 16 Nov 2023
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") We refer to the Company's announcements dated 14 July 2023, 25 July 2023, 28 August 2023, 29 August 2023 and 20 September 2023 in relation to the Proposals. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.
On behalf of the Board, RHB Investment Bank wishes to announce that the Company, had, via its legal counsel, filed an application to the High Court of Malaya in relation to the Capital Reduction pursuant to Section 116 of the Act.
ADVANCE INFORMATION MARKETING BERHAD ("AIM" OR THE "COMPANY")
RENOUNCEABLE RIGHTS ISSUE OF UP TO 292,662,627 NEW ORDINARY SHARES IN AIM ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 3 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 29 NOVEMBER 2023 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE, TOGETHER WITH UP TO 195,108,418 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE") Ex-Date 28 Nov 2023
========= Directors start fund raising via shares issuance to RI, later PP and ESOS
Shareholders intended to subscribe, have to get your money ready for contribution
CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN ICON OFFSHORE BERHAD ("ICON" OR THE "COMPANY") ("ICON SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 28 NOVEMBER 2023 INTO 1 SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION") Ex-Date 27 Nov 2023 Entitlement date 28 Nov 2023
========= Take note of ex date for share consolidation Your total shares will be reduced by 5 times
This I-CON is 2nd time shares consolidation. First time in Jan 2020
The Board of Directors of Kanger wishes to announce that its wholly-owned subsidiary, namely KIB Global Resources Sdn Bhd, had on 7 November 2023 entered into a Sale and Purchase A greement ("Agreement") with Aset Kayamas Sdn Bhd (“Aset Kayamas” or “Developer”) for the proposed acquisition of 15 units of serviced apartments located at Block A, ANTARA, GENTING HIGHLANDS, sited on a piece of freehold land held under title no. GRN 45572 , Lot 43031, Mukim Bentong, Daerah Bentong, Negeri Pahang from the Developer for a total purchase consideration of RM19,770,000.00, with details provided herein, subject to the terms and conditions of the Agreement ("Proposed Acquisition").
Further details on the Proposed Acquisition are set out in the attachment enclosed.
This announcement is dated 7 November 2023.
=============== 6.1 The parties agree that the total consideration of all the Purchaser Units is Ringgit Malaysia Nineteen Million Seven Hundred and Seventy Thousand (RM19,770,000.00) only (hereinafter referred to as the “Total Consideration Sum”) which is payable to the Developer in the manner as provided in Annexure E of the Agreement. The Developer agrees to sell and transfer ownership of the Purchaser Units to Purchaser and/or its nominees subject to all conditions whether expressed or implied in the issue document of title of the said Land and subject to all terms and conditions herein appearing.
================ Please read the full documents of the agreement and let us know how the purchases will be financed
Could it be via massive shares issuance to the seller or to PP to raise more money to hand it to the seller ??
BONUS ISSUE OF 2,554,208,384 NEW ORDINARY SHARES IN HONG SENG ("HONG SENG SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 1 EXISTING HONG SENG SHARE HELD AS AT 5.00 P.M. ON 27 JUNE 2022 ("ENTITLEMENT DATE") ("BONUS ISSUE")
================ NOSH increased to 5,108,416,768 shares (5 BILLION !!!)
Next likely step by smart directors could be to propose shares consolidation and rights issue to raise more fund from retail shareholders After that, directors could continue to raise more fund via shares issuance to PP, ESOS or to acquire assets !!!
(I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF 2,148,181,818 NEW ORDINARY SHARES IN SCBUILD/0109 ("SCBUILD/0109 SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.005 PER RIGHTS SHARE ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 SCBUILD/0109 SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE"); AND
(II) PROPOSED ESTABLISHMENT AND IMPLEMENTATION OF A LONG-TERM INCENTIVE PLAN ("LTIP") OF UP TO 30% OF TOTAL NUMBER OF ISSUED SHARES OF SCBUILD/0109 (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT OF TIME DURING THE DURATION OF THE LTIP FOR ELIGIBLE DIRECTORS OF SCBUILD/0109 AND EMPLOYEES OF SCBUILD/0109 AND ITS NON-DORMANT SUBSIDIARY(IES), WHO FULFIL THE ELIGIBILITY CRITERIA AS SET OUT IN THE BY-LAWS OF THE LTIP ("PROPOSED LTIP")
Approved by major shareholders in General Meetings
PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 3,327,063,258 NEW ORDINARY SHARES IN DESTINI BERHAD ("DESTINI" OR THE "COMPANY") ("DESTINI SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT THE ISSUE PRICE OF RM0.04 PER RIGHTS SHARE, ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING DESTINI SHARE HELD, | https://www.klsescreener.com/v2/announcements/view/5930143
On behalf of the Board, UOBKH wishes to announce that the Board had on 9 November 2023 resolved to fix the issue price of the Private Placement at RM0.1129 per Placement Share.
The issue price of RM0.1129 per Placement Share represents a discount of approximately 9.97% to the 5-day VWAP of PWI Shares up to and including 8 November 2023, being the last traded day of PWI Shares immediately preceding the price-fixing date of RM0.1254 per PWI Share.
This announcement is dated 9 November 2023
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING | https://www.klsescreener.com/v2/announcements/view/5930489 ========= Directors again active in fund raising via shares issuance to PP, ESOS NOSH hitting 1.5 Billion shares soon Shareholders equity % and EPS will be diluted again and again
Generating volume to attract newbies, punters and new players into the game. Very cheap counter, everyone can play. But NOSH extremely high and with multi year losses ============= NOSH = 4,827,398,567 LA = 2,098,519,791 WD = 856,946,709 WE = 440,216,202
============= More than 800 million placement shares to be issued soon
Kanger directors can raise more fund via share issuance to PP. ESOS or seller Old tricks remain the same NOSH will continue to rise to BILLION shares Shareholders equity % and EPS will be massively diluted
MZM is very active again. Trade cautiously, set realistic targets Uptrend will change to downtrend Monitor directors plan to raise more funds via shares issuance to PP, ESOS and asset acquisition Can directors bring in profits for the quarters Check how directors utilise company fund
proposed consolidation of every 30 existing ordinary shares in ATS (“ATS Shares”) held by the shareholders of the Company on an entitlement date to be determined and announced later, into 1 ATS Share (“Proposed Share Consolidation”); and