MERIDIAN BERHAD

KLSE (MYR): MERIDIAN (5040)

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Last Price

0.13

Today's Change

-0.005 (3.70%)

Day's Change

0.125 - 0.14

Trading Volume

1,323,500

Financial

Hints :
Click the QoQ or YoY on table to view the QoQ or YoY Financial Result page.

Date
Financial Result
Financial Ratio
Per Share Item
Performance
Valuation (End of Quarter)
Valuation (Ann. Date)
Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
1 person likes this. Showing 50 of 604 comments

Tuyuyu

Que buy 4 /3/2/1/0.5 c

Each 50k unit

2022-02-18 17:29

Tuyuyu

0.5c &1c - 300k unit

Hope operator push down kaw9 n throw to me

2022-02-18 17:29

Risk Trader

I think lowest price is around 0.045 cent only, already down 90% fron highest history last year.

2022-02-19 09:46

Tuyuyu

Risk trader ..operator will press to 2c this time bcos many ppl bought ard 5-6c si operator will press to scare them

2022-02-19 13:19

Tuyuyu

At least wint go up until friday next week

So no need to rush buying

2022-02-19 13:20

Tuyuyu

This counter now controlled by permaju n lkl.. they r conman who will press to 1c ..collect all back then only goreng . After than announce news n dump to those who buy on news

This their usual tactic beside

Restructuring
Pn17
Never submit report
Etcetc black trick

2022-02-19 13:22

Tuyuyu

U see so many menara lien hoe listed companies share they press to 0.005 n drag u all kaw2

Next tgey will announce 100-1 reconsolidation

Like lambo.icon.metronic etcetc

2022-02-19 13:24

Tuyuyu

In short they create tons of shares by private placement then dump to u

2022-02-19 13:25

Tuyuyu

Current 4.5c - still very high..they will press to 2c according to my graph analisis

2022-02-19 13:25

awesome20

die ady

2022-03-16 20:22

blockofstone

kasi goreng satu kali

2022-04-08 10:03

Michael Kwok

I call buy,there call sell.6 cents only.second nosh below 1 billion.cash can be issues through as usual.

2022-04-18 09:28

Michael Kwok

Buy call at 5 cents.No need stop.cwn be a shell company to takeover businesses.

2022-05-31 16:09

whistlebower99

FOR NEWBIES

LKL and IMPIANA are the latest high NOSH penny stock to join the list of share consolidation stocks.
https://www.klsescreener.com/v2/announcements/view/3567035

2022 - LKL, IMPIANA, YONGTAI, VSOLAR, FAST, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

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

2022-06-20 11:16

whistlebower99

FOR NEWBIES

Another high NOSH low price penny stock going for shares consolidation !!!

MULTIPLE PROPOSALS MERIDIAN BERHAD ("MERIDIAN" OR "COMPANY")
(I) PROPOSED COLLABORATION;
(II) PROPOSED SHARE CONSOLIDATION;
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS;
(IV) PROPOSED DIVERSIFICATION; AND (V) PROPOSED ESOS

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3280558

====================
Directors going easy way to raise fund again !!!

NOSH = 913,739,108
WC = 48,421,408

====================
Be very careful with hard-earned money playing high NOSH low price penny stock

2022-08-02 08:59

whistlebower99

FOR NEWBIES

1. proposed consolidation of every 4 ordinary shares in Meridian (“Meridian Shares” or “Shares”) into 1 consolidated Meridian Share (“Consolidated Share”) (“Proposed Share Consolidation”);

2. proposed renounceable rights issue of up to 1,190,746,395 new Meridian Shares (“Rights Shares”) together with up to 595,373,197 free detachable warrants (“Warrants D”) to the entitled shareholders of Meridian (“Entitled Shareholders”), on the basis of 10 Rights Shares together with 5 Warrants D for every 2 Consolidated Shares held by the entitled shareholders of Meridian on an entitlement date to be determined (“Proposed Rights Issue with Warrants”);

=====================
Company keep losing money
Multi year multi quarter losses
Directors continue to receive salary and payment

Directors taking easy way out to increase company cash position using above proposals
Shareholders will be squeezed for more cash to contribute to fund raising exercise

===================
TAYOR

2022-08-02 10:15

Michael R.

This is probably the worst among those 50+ of the group.

Sailang is one of the famous business..

2022-08-02 15:08

Michael R.

Complete set on the table... conso, pp esos, ri.. u name it..

2022-08-02 15:12

whistlebower99

FOR NEWBIES

Be reminded of the pending multiple proposals

MERIDIAN BERHAD ("MERIDIAN" OR "COMPANY") (
I) PROPOSED COLLABORATION;
(II) PROPOSED SHARE CONSOLIDATION;
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS;
(IV) PROPOSED DIVERSIFICATION; AND (V) PROPOSED ESOS (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")

This announcement is dated 30 September 2022.

On behalf of the Board, Malacca Securities wishes to announce that the application in respect of the Proposed Share Consolidation and the listing application in respect of the Proposed Rights Issue with Warrants and Proposed ESOS had been submitted to Bursa Securities on 30 September 2022.

================
One step closer to shares consolidation (4 into 1) exercise

2022-10-03 09:21

bojed

There's something interesting in the chart. Maybe it will take 1-1.5 years to happen but I have time to wait.

100k shares is enough.

2022-10-17 09:47

bojed

Come on sell to me 2 sen!

2022-10-19 14:38

bojed

Bought at 0.025 and sold at 0.03.

RM500 KFC money in 3 weeks. All praise belongs to God.

----------------------------------------------------------

bojed

There's something interesting in the chart. Maybe it will take 1-1.5 years to happen but I have time to wait.

100k shares is enough.

3 weeks ago

2022-11-09 15:38

whistlebower99

FOR NEWBIES

EDUSPEC & DOLPHIN are the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 13 January 2023.

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

Long term shareholders holding at high prices will incur huge losses due to the corporate exercises

List of penny stocks with shares consolidation :-

2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, 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,.........

====================
TAYOR, don't be caught in share consolidation exercise

2023-01-18 10:33

Good123

Tactik lama :)

GENERAL MEETINGS: Outcome of Meeting
MERIDIAN BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 22 Dec 2022
Time 10:00 AM

Venue(s) Online meeting platform (https://bit.ly/3guJidw)
Level 5, Tower 8, Avenue 5, Horizon 2, Bangsar South City
59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Malaysia

Outcome of Meeting
On behalf of the Board of Directors of Meridian Berhad (“Meridian” or the “Company”), Malacca Securities Sdn. Bhd. wishes to announce that the shareholders of the Company had approved all the resolutions set out in the Notice of Extraordinary General Meeting (“EGM”) dated 30 November 2022, at the EGM of the Company held on 22 December 2022.



The resolutions were passed by way of poll and the results of the poll were validated by U Search Management Services, being the Independent Scrutineer appointed by the Company.



This announcement is dated 22 December 2022.


Voting Results

1. ORDINARY RESOLUTION 1
Description PROPOSED COLLABORATION BETWEEN MERIDIAN AND M101 HOLDINGS SDN BHD ("M101") TO FACILITATE THE LICENSE AGREEMENT FOR MERIDIAN'S DEVELOPMENT AND OPERATION OF A WATER PARK ("PROPOSED COLLABORATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 19 3
No. of Shares 329,013,726 3,001
% of Voted Shares 99.9991 0.0009
Result Accepted

2. ORDINARY RESOLUTION 2
Description PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,190,746,395 NEW ORDINARY SHARES IN MERIDIAN ("MERIDIAN SHARES" OR "SHARES") ("RIGHTS SHARES") TOGETHER WITH UP TO 595,373,197 FREE DETACHABLE WARRANTS ("WARRANTS D") TO THE ENTITLED SHAREHOLDERS OF MERIDIAN, ON THE BASIS OF 10 RIGHTS SHARES TOGETHER WITH 5 WARRANTS D FOR EVERY 2 CONSOLIDATED SHARES (AS DEFINED HEREIN) HELD BY THE ENTITLED SHAREHOLDERS OF MERIDIAN ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 6
No. of Shares 328,196,521 820,202
% of Voted Shares 99.7507 0.2493
Result Accepted

3. ORDINARY RESOLUTION 3
Description PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF MERIDIAN AND ITS SUBSIDIARIES ("MERIDIAN GROUP" OR THE "GROUP") TO INCLUDE LEISURE AND HOSPITALITY BUSINESSES ("PROPOSED DIVERSIFICATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 18 3
No. of Shares 329,013,722 3,001
% of Voted Shares 99.9991 0.0009
Result Accepted

4. ORDINARY RESOLUTION 4
Description PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTIONS SCHEME ("SCHEME") INVOLVING UP TO 15% OF THE TOTAL ISSUED SHARES (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME DURING THE DURATION OF THE SCHEME ("PROPOSED ESOS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 16 6
No. of Shares 328,196,621 820,106
% of Voted Shares 99.7507 0.2493
Result Accepted

5. SPECIAL RESOLUTION 1
Description PROPOSED CONSOLIDATION OF EVERY 4 MERIDIAN SHARES INTO 1 CONSOLIDATED MERIDIAN SHARE ("CONSOLIDATED SHARE") ("PROPOSED SHARE CONSOLIDATION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 15 6
No. of Shares 328,196,521 820,202
% of Voted Shares 99.7507 0.2493
Result Accepted





Announcement Info
Company Name MERIDIAN BERHAD
Stock Name MERIDIAN
Date Announced 22 Dec 2022
Category General Meeting
Reference Number GMA-21122022-00001
Corporate Action ID MY221221MEET0001

2023-01-26 07:25

Good123

:)

KLSE Screener KLSE Screener

PERMAJU
0.050
(%)
INVESTMENT IN MERIDIAN BERHAD ("MERIDIAN")
PERMAJU INDUSTRIES BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-26102020-00003
Subject INVESTMENT IN MERIDIAN BERHAD ("MERIDIAN")
Description
PERMAJU INDUSTRIES BERHAD ("Permaju" or "the Company") - ADDITIONAL INFORMATION REQUIRED FOR INVESTMENT IN MERIDIAN
Query Letter Contents
We refer to your Company’s announcement dated 22 October 2020 in respect of the aforesaid matter.


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



1. The net profits and net assets of Meridian based on its latest audited accounts.

2. Prospects of Meridian.



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



Yours faithfully

LISTING

REGULATION


Cc : Market Surveillance Dept., Securities Commission (via fax)

(The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the Company’s announcement made on 22 October 2020 in relation to the Investment)



Reference is made to the Company’s announcement made on 22 October 2020.


The Board of Directors of Permaju wishes to provide the following additional information:



1. The net profits and net assets of Meridian based on its latest audited accounts



Based on the latest audited results of Meridian for the year ended 31 December 2018, the net asset and net loss are RM117.965 million and RM23.328 million respectively.



2. Prospects of Meridian



Meridian currently is developing its flagship project, Malaysia Tourism City (“MTC”) at Kuala Linggi, Melaka. The ultimate goal for MTC is to increase the arrival of tourist and prolong the overnight stay. The project comprises of leisure and entertainment, commercial, retail and residential components. MTC will feature the world’s first Hasbro branded water-themed park, Asia’s largest weekend market and outdoor adventure park.



This project is located at Kuala Linggi, Melaka where is a well-known tourist destination. It is a perfect weekend getaway near Kuala Lumpur. The project is expected to boost consumer spending, increase tourist inflow as well as to encourage local business and employment opportunity. It is believed that Meridan and Permaju may benefit mutually should there be any business tie-up.



This announcement is dated 27 October 2020.




Announcement Info
Company Name PERMAJU INDUSTRIES BERHAD
Stock Name PERMAJU
Date Announced 27 Oct 2020
Category General Announcement for PLC
Reference Number GA1-27102020-00013






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2023-01-26 08:11

Good123

Pasukhas juga salah satu pemegang syer terbesar meridian haha

2023-01-26 13:41

Good123


Ann. Date Date Type Units Price View
21-Apr-2022 22-Apr-2022 Exercise of Warrants 250 1.000
28-Dec-2021 29-Dec-2021 Private Placement 150,695,909 0.057
17-Aug-2021 18-Aug-2021 Exercise of Warrants 12,300 0.500
27-May-2021 28-May-2021 Private Placement 133,877,057 0.107
23-Apr-2021 26-Apr-2021 Private Placement 40,000,000 0.150
04-Dec-2019 05-Dec-2019 Private Placement 40,118,300 0.065
16-Oct-2019 17-Oct-2019 Private Placement 25,380,000 0.070
13-Sep-2019 17-Sep-2019 Private Placement 31,100,000 0.080
30-Dec-2014 31-Dec-2014 Others 30,000 0.500
15-May-2014 16-May-2014 Others 600 0.500
15-May-2014 16-May-2014 Others 500 0.700
05-May-2014 06-May-2014 Others 90,000 0.500
30-Apr-2014 02-May-2014 Others 3,015,500 0.600
24-Apr-2014 25-Apr-2014 Others 8,807,100 0.600
21-Apr-2014 22-Apr-2014 Others 1,708,150 0.600
14-Apr-2014 15-Apr-2014 Others 383,250 0.600
07-Apr-2014 08-Apr-2014 Others 906,800 0.600
07-Apr-2014 08-Apr-2014 Others 79,100 0.500
19-Mar-2014 20-Mar-2014 Others 331,300 0.600
19-Mar-2014 20-Mar-2014 Others 173,000 0.500
11-Mar-2014 12-Mar-2014 Others 30,000 0.500
27-Feb-2014 28-Feb-2014 Others 119,850 0.600
27-Feb-2014 28-Feb-2014 Others 124,000 0.500
18-Feb-2014 19-Feb-2014 Others 77,900 0.500
18-Feb-2014 19-Feb-2014 Others 403,200 0.600

2023-01-26 17:29

Good123

About the Company
Founded Employees CEO Website
1993 n/a Seth Yap https://www.meda.com.my
Meridian Berhad operates as a property development and investment company in Malaysia. It operates through Property Development, Construction, Property Investment, and Others segments. The company develops residential and commercial properties, as well as agricultural lots; undertakes construction contracts; and rents investment properties.

It is also involved in the cultivation of oil palm; provision of project management services; acting as a building contractor; and operation of car parks in commercial properties. The company was formerly known as Meda Inc. Berhad and changed its name to Meridian Berhad in March 2019. Meridian Berhad was founded in 1993 and is based in Kuala Lumpur, Malaysia.

2023-01-26 21:52

Good123

Financial Position Analysis
Assets
RM22.59m
Liabilities
RM43.53m
Short Term
Assets
RM163.51m
Liabilities
RM5.25m
Long Term

2023-01-26 21:59

Good123

Debt Level: MERIDIAN's net debt to equity ratio (11.9%) is considered satisfactory.

Reducing Debt: MERIDIAN's debt to equity ratio has reduced from 33% to 12.9% over the past 5 years.

2023-01-26 22:00

Good123

Balance Sheet
Assets
Long term & Other Assets
RM151.3m
Inventory
RM20.0m
PhysicalAssets
RM12.2m
Cash&ShorttermInvestments
RM1.4m
Receivables
RM1.2m
Liabilities + Equity
Equity
RM137.3m
OtherLiabilities
RM24.6m
Debt
RM17.8m
AccountsPayable
RM6.4m

2023-01-26 22:00

Good123

Mr. Ting-Hau Yap, also known as Seth, has been the Chief Executive Officer of Meridian Berhad since July 31, 2019. Mr. Hau is the founder of M101 Holdings Sdn Bhd, and has businesses across various industries such as events and advertising, real estate and outsource banking. Mr. Hau has been an Executive Director of Meridian Berhad since June 13, 2018.
He involved in the property sector started more than 14 years ago whereby he founded Jotex Industries Sdn Bhd, a property investment company. Since then, he had won many accolades in the property sector. He was Chairman of M101 CORP. (alternate name, Concept Holding Corp.) since July 5, 2017 until December 7, 2018.
Mr. Hau holds LLB from University of Liverpool in 2001 and Barrister-at-law, Lincolns Inn.

2023-01-26 22:01

Good123

Leadership Team
Name Position Tenure Compensation Ownership

Ting-Hau Yap
CEO & Executive Director 3.5yrs RM1.08m 3.56%
MYR 965.9k

Boon Tang
Executive Director 2.25yrs RM122.00k 0.011%
MYR 3.0k

Wilbert Goh
General Manager of Corporate Finance & Accounts no data no data no data

Lydia Yew
Manager of Adminisration & Human Resources no data no data no data

Kathleen Loong
Manager of Legal no data no data no data

Tengku Khirlinah
Manager of Corporate Communications no data no data no data

Alex Wong
Manager of Business Development no data no data no data

Youn Kim Wong
Company Secretary 4yrs no data no data

Mark Choong
Financial Controller of Hotel Operations no data no data no data

2023-01-26 22:01

Good123

Experienced Management: MERIDIAN's management team is considered experienced (3.5 years average tenure).

Board Members
Name Position Tenure Compensation Ownership

Ting-Hau Yap
CEO & Executive Director 4.58yrs RM1.08m 3.56%
MYR 965.9k

Boon Tang
Executive Director 2.25yrs RM122.00k 0.011%
MYR 3.0k

Kok Hok Ng
Independent & Non-Executive Director 1.5yrs RM55.00k no data

Shin Yong Chew
Independent Non-Executive Director 2.08yrs RM55.00k no data

2023-01-26 22:02

Good123

Ownership Breakdown
Private Companies 0.7%
6,590,400 shares
Institutions 3.4%
30,335,800 shares
General Public 24.1%
217,709,419 shares
Public Companies 26.9%
243,373,900 shares
Individual Insiders 44.9%
406,166,189 shares

2023-01-26 22:02

Good123

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

2023-01-26 22:03

Good123

Top 25 shareholders own 75.92% of the company
Ownership Name Shares Current Value Change % Portfolio %
21.01%
Permaju Industries Berhad 190,000,000 MYR4.8m 0% no data
16.67%
Kon Lian Lim 150,695,909 MYR3.8m 0% no data
5.07%
Ben Seng Tay 45,877,057 MYR1.1m 0% no data
5%
Pasukhas Group Berhad 45,175,600 MYR1.1m 37.14% no data
3.58%
Seng Teoh 32,389,624 MYR809.7k 42.12% no data
3.56%
Ting-Hau Yap 32,195,199 MYR804.9k 0% no data
3.44%
Koon Weng Lee 31,130,000 MYR778.3k -0.16% no data
3.1%
Kok Keong Kong 28,000,000 MYR700.0k 0% no data
2.03%
Sew Chuong Yeat 18,312,900 MYR457.8k 176.39% no data
1.99%
Kwing Tiong 17,989,500 MYR449.7k -51% no data
1.27%
Credit Suisse, Investment Banking and Securities Investments 11,522,600 MYR288.1k -63.04% no data
1.25%
Kian You Ang 11,290,900 MYR282.3k 0% no data
1.25%
Seng Aun Teoh 11,277,500 MYR281.9k 0% no data
1.2%
Standard Chartered Bank, Asset Management Arm 10,808,900 MYR270.2k 0% 0.01%
1.08%
Siew An 9,800,000 MYR245.0k -2.49% no data
0.91%
Saudee Group Berhad 8,198,300 MYR205.0k 0% no data
0.89%
LGT Capital Partners (FL) AG 8,004,300 MYR200.1k 0% no data
0.73%
Aturan Prisma Sdn Bhd 6,590,400 MYR164.8k 89.38% no data
0.49%
Guan Kie Neoh 4,412,100 MYR110.3k -52.07% no data
0.39%
Geok Wah Ng 3,500,000 MYR87.5k 0% no data
0.28%
Beng Kiat Tan 2,500,000 MYR62.5k 0% no data
0.25%
Hock Soon Tay 2,244,000 MYR56.1k 0% no data
0.25%
Seng Teoh 2,231,500 MYR55.8k 0% no data
0.25%
Jee Yee Tan 2,220,000 MYR55.5k 0% no data
0.011%
Boon Tang 100,000 MYR2.5k 0% no data

2023-01-26 22:04

Good123

Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data Last Updated (UTC time)
Company Analysis 2023/01/26 00:00
End of Day Share Price 2023/01/26 00:00
Earnings 2022/09/30
Annual Earnings 2022/06/30

2023-01-26 22:05

Good123

Dunia akhir zaman

Taktik lama dikitar semula ... Gosh!!! :)

MULTIPLE PROPOSALS MERIDIAN BERHAD ("MERIDIAN" OR "COMPANY") (I) PROPOSED COLLABORATION; (II) PROPOSED SHARE CONSOLIDATION; (III) PROPOSED RIGHTS ISSUE WITH WARRANTS; (IV) PROPOSED DIVERSIFICATION; AND (V) PROPOSED ESOS (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")
MERIDIAN BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description MERIDIAN BERHAD ("MERIDIAN" OR "COMPANY")

(I) PROPOSED COLLABORATION;
(II) PROPOSED SHARE CONSOLIDATION;
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS;
(IV) PROPOSED DIVERSIFICATION; AND
(V) PROPOSED ESOS

(COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")
This announcement is dated 27 January 2023.



Reference is made to the Company’s earlier announcements dated 2 August 2022, 1 September 2022, 6 September 2022, 28 October 2022 and 21 November 2022, circular to shareholders dated 30 November 2022 in relation to the Proposals (“Circular”) and outcome of extraordinary general meeting dated 22 December 2022. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Circular.



On behalf of the Board, Malacca Securities wishes to announce that the Collaboration Agreement in relation to the Proposed Collaboration had on 27 January 2023 become unconditional and effective.





Announcement Info
Company Name MERIDIAN BERHAD
Stock Name MERIDIAN
Date Announced 27 Jan 2023
Category General Announcement for PLC
Reference Number GA1-27012023-00011

2023-01-27 20:45

whistlebower99

FOR NEWBIES

EDUSPEC, DOLPHIN, TECHNAX are the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 13 January 2023.

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

Long term shareholders holding at high prices will incur huge losses due to the corporate exercises

List of penny stocks with shares consolidation :-

2023 proposal in progress - MERIDIAN, VSOLAR, DOLPHIN, EDUSPEC, TECHNAX

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,.........

====================
TAYOR, don't be caught in share consolidation exercise

2023-02-07 10:24

whistlebower99

Modus operandi of many loss making penny stocks
1. Directors fail in generating business profit
2. Show Multi year losses, multi quarter losses
3. Directors repeatedly do fund raising via shares issuance to PP, ESOS and asset acquisition
4. Directors utilise most of the fund raised
5. When NOSH reach unmanageable Billions of shares, directors do shares consolidation, follow by fund raising via rights issue
6. Repeat step 1 to 5

2023-02-08 08:48

whistlebower99

FOR NEWBIES

Get ready for the consolidation of your shares.

==========
CONSOLIDATION OF EVERY 4 EXISTING ORDINARY SHARES IN MERIDIAN ("MERIDIAN SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 21 FEBRUARY 2023 ("SHARE CONSOLIDATION ENTITLEMENT DATE") INTO 1 CONSOLIDATED MERIDIAN SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")
Ex-Date 20 Feb 2023
Entitlement date 21 Feb 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3326107

=========
TAYOR

2023-02-08 14:55

whistlebower99

FOR NEWBIES

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: -
(I) PROPOSED COLLABORATION;
(II) PROPOSED SHARE CONSOLIDATION;
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS;
(IV) PROPOSED DIVERSIFICATION; AND
(V) PROPOSED ESOS (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3311193

================
After share consolidation, shareholders need to dig pocket if want to subscribe for rights shares with free warrants

Basis : 10 Rights Shares and 5 Warrants D for every 2 Consolidated Share

Issue price for Rights Shares : RM0.070 per Rights Share (illustrative price)

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

TAYOR

2023-02-08 15:02

Good123

Protect your capital, dont touch...hidden hand group? Hahaha


SAME CIPLAK SCHEME
MULTIPLE PROPOSALS MERIDIAN BERHAD ("MERIDIAN" OR "COMPANY") (I) PROPOSED COLLABORATION; (II) PROPOSED SHARE CONSOLIDATION; (III) PROPOSED RIGHTS ISSUE WITH WARRANTS; (IV) PROPOSED DIVERSIFICATION; AND (V) PROPOSED ESOS (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")
MERIDIAN BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description MERIDIAN BERHAD ("MERIDIAN" OR "COMPANY")

(I) PROPOSED COLLABORATION;
(II) PROPOSED SHARE CONSOLIDATION;
(III) PROPOSED RIGHTS ISSUE WITH WARRANTS;
(IV) PROPOSED DIVERSIFICATION; AND
(V) PROPOSED ESOS

(COLLECTIVELY, REFERRED TO AS THE "PROPOSALS")
This announcement is dated 8 February 2023.



Reference is made to the Company’s earlier announcements dated 2 August 2022, 1 September 2022, 6 September 2022, 28 October 2022, 21 November 2022, 27 January 2023 and 7 February 2023, circular to shareholders dated 30 November 2022 in relation to the Proposals (“Circular”) and outcome of extraordinary general meeting dated 22 December 2022. Unless stated otherwise, abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Circular.



On behalf of the Board, Malacca Securities wishes to announce that the effective date for the implementation of the Proposed ESOS is on 8 February 2023.





Announcement Info
Company Name MERIDIAN BERHAD
Stock Name MERIDIAN
Date Announced 08 Feb 2023
Category General Announcement for PLC
Reference Number GA1-08022023-00018

2023-02-15 18:04

Good123

TAKTIK LAMA YANG KOTOR DIKITAR SEMULA, TAIKLAH

2023-02-16 21:40

whistlebower99

FOR NEWBIES

CONSOLIDATION OF EVERY 4 EXISTING ORDINARY SHARES IN MERIDIAN ("MERIDIAN SHARES" OR "SHARES") HELD AT 5.00 P.M. ON 21 FEBRUARY 2023 ("SHARE CONSOLIDATION ENTITLEMENT DATE") INTO 1 CONSOLIDATED MERIDIAN SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

Ex-Date 20 Feb 2023 today consolidated into 228,434,777 shares

NEXT STEP is RIGHTS ISSUE with FREE WARRANTS
Shareholders need to take out more money if want to subscribe for the rights shares
Directors happy to get more money from subscribers
Directors likely to continue shares issuance to raise more fund via PP, ESOS, etc

===============
TAYOR

2023-02-20 11:22

whistlebower99

FOR NEWBIES

After share consolidation, shareholders need to dig pocket if want to subscribe for rights shares with free warrants

Basis : 10 Rights Shares and 5 Warrants D for every 2 Consolidated Share

Issue price for Rights Shares : RM0.070 per Rights Share (illustrative price)

===================
The Proposed Rights Issue with Warrants which involves the issuance of up to 1,190,746,395 new Rights Shares together with up to 595,373,197 Warrants D is proposed to be implemented on a basis of 10 Rights Shares together with 5 Warrants D for every 2 Consolidated Shares held by the Entitled Shareholders on the Rights Entitlement Date.
(extracted from Circular to shareholders)
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3311193

====================
After completion of share consolidation and rights issue,
NOSH is about 1,190,746,395 + 228,434,777
which will be more than the NOSH before shares consolidation !!!

===================
Be aware that the stock will remain as a High NOSH BILLION shares penny stock after the exercise.

==================
TAYOR

2023-02-20 13:32

whistlebower99

FOR NEWBIES

CONSOLIDATION OF EVERY 4 EXISTING ORDINARY SHARES IN MERIDIAN ("MERIDIAN SHARES") ("SHARES") HELD AT 5.00 P.M. ON 21 FEBRUARY 2023 ("SHARE CONSOLIDATION ENTITLEMENT DATE") INTO 1 MERIDIAN CONSOLIDATED SHARE ("CONSOLIDATED SHARE") ("SHARE CONSOLIDATION")

On behalf of the Board, Malacca Securities wishes to announce that the Share Consolidation has been completed following the listing and quotation of the 228,434,743 Consolidated Shares (including 2,390,850 consolidated treasury shares) and 12,105,271 Consolidated Warrants C on the Main Market of Bursa Securities on 22 February 2023.

This announcement is dated 22 February 2023.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3329657

=================
Next step is for shareholders to pay money to directors fund raising exercise via Rights Issue with free warrants

===============
TAYOR

2023-02-23 09:57

whistlebower99

FOR NEWBIES

Profit/(loss) for the period -2,498,000
https://www.klsescreener.com/v2/announcements/view/4903385

Another quarterly loss
No problem !!!
Directors can raise more money for company fund via share issuance to RI, PP or ESOS

Retail investors will see dilution in shareholding equity % and EPS, if any

=====================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance



2023-06-02 15:18

whistlebower99

FOR NEWBIES

Be aware of on-going proposal

Share consolidation and warrant C consolidation completed on 23 Feb 2023

Next step is for directors to raise quick easy fund from shareholders via Rights Issue with free warrant
===================
The Proposed Rights Issue with Warrants which involves the issuance of up to 1,190,746,395 new Rights Shares together with up to 595,373,197 Warrants D is proposed to be implemented on a basis of 10 Rights Shares together with 5 Warrants D for every 2 Consolidated Shares held by the Entitled Shareholders on the Rights Entitlement Date.
(extracted from Circular to shareholders)

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3311193

==================
Basis : 10 Rights Shares and 5 Warrants D for every 2 Consolidated Share

Issue price for Rights Shares : RM0.070 per Rights Share (illustrative price)

==================
TAYOR, look for more announcement

2023-06-06 12:38

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