ZENTECH (0094): Financials Summary, Key Results, Growth

Taker traded exceed 1.291M, more volume to b shown in these few days to come

2023-01-11 04:24

Evey Hannah

Hi... I'm newbies, I received OR so i need some explaination of OR from otai2 here. What to do with this OR... Do I need to sell it now or not? Is this like warrant have expired date or not... Tq

2023-01-11 18:26

imvu

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3317234

ZENTECH - Notice of Rights Entitlement
ZEN TECH INTERNATIONAL BERHAD

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,616,864,884 NEW ORDINARY SHARES IN ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 9 JANUARY 2023 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.015 PER RIGHTS SHARE, TOGETHER WITH UP TO 1,077,909,922 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

Kindly be advised of the following :

1) The Right commence of trading : 10 Jan 2023
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 11 Jan 2023
3) The last day and time for Acceptance, Renunciation and Payment : 26 Jan 2023
4) The Rights cessation quotation : 17 Jan 2023

The Stock Short Name, Number and ISIN Code ZENTECH-OR, 0094OR and MYQ0094OR004

Remarks :

The last date and time for acceptance of and payment for the Rights Shares as well as the last date and time for excess Rights Shares application and payment are as stated above.

2023-01-11 18:52

Azazil313

Who ALAN?

2023-01-12 17:01

Buy now...next week they gonna push up

2023-01-13 14:35

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,616,864,884 NEW ORDINARY SHARES IN ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 9 JANUARY 2023 AT AN ISSUE PRICE OF RM0.015 PER RIGHTS SHARE, TOGETHER WITH UP TO 1,077,909,922 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3320316

===============
Massive fund raising by directors via shares issuance to RI
Shareholders need to take out more money to contribute to fund raising

===============
1) The Right commence of trading : 10 Jan 2023
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 11 Jan 2023
3) The last day and time for Acceptance, Renunciation and Payment : 26 Jan 2023
4) The Rights cessation quotation : 17 Jan 2023

===============
Upon completion of RI,
NOSH will exceed 2 BILLION shares = 2,425,297,326
New Warrant (max scenario) = 1,077,909,922

Heavy mother with a big baby
https://www.klsescreener.com/v2/stocks/view/0094/zen-tech-international-berhad

===============
Expect directors to continue to raise more fund via shares issuance to PP, ESOS or to acquire assets from friendly parties.

===============
TAYOR, set realistic target

2023-01-16 11:06

Buy now while its still very cheap...

2023-01-16 15:12

Looked like this cake not enuf to b shared by these shark traders lah

2023-01-20 08:01

hhc8

I have OR. Is it worth subscribing?

2023-01-25 15:25

Wasting lots of time to apply & surely huge over subscribed

2023-01-27 06:24

They gonna go now...hurry..hurry

2023-01-27 14:39

surewin111

capital reduction coming le, how ah？

2023-01-28 15:55

Happy chasing

2023-01-30 12:41

awesome20

Now more than 60% unrealised profit

2023-01-31 04:45

@awesome20..., this rnd u really got a lucrative Ang Pao liao

2023-01-31 07:35

FOR NEWBIES

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,616,864,884 NEW ORDINARY SHARES IN ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD) ("ZTIB") ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 9 JANUARY 2023 AT AN ISSUE PRICE OF RM0.015 PER RIGHTS SHARE, TOGETHER WITH UP TO 1,077,909,922 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 2 WARRANTS FOR EVERY 3 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")

Date for announcement of final subscription result and basis of allotment of excess Rights Securities 03 Feb 2023

Acceptance and Payment 26 Jan 2023 05:00 PM
Excess share application and payment 26 Jan 2023 05:00 PM
Available/Listing Date 13 Feb 2023

Ratio (New : Existing) 2.0000 : 1.0000
Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.0150

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3317146

=================
Take note of important dates if you intend to subscribe for the rights issue

2023-01-31 15:53

newbie1709

what does this mean. dont understand. is it good to buy?

2023-01-31 16:42

Strong buying support...target price is 0.20...

2023-02-03 20:45

Income

Roti telur satu

2023-02-05 13:39

awesome20

@AlfI3 very very big ang pao from zentech :-)

2023-02-06 17:05

Michael Kwok

Sell call zentech 6 cents
Tp 4.5 cents(buy on weaknesses)
7/1/23 11.23 am

2023-02-07 11:24

FOR NEWBIES

Available/Listing Date 13 Feb 2023
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3325736

1,616,864,884 rights issue shares to be listed on 13 Feb 2023

NOSH = 2,425,297,326 upon listing of above shares
New warrant = 1,077,909,922 (maximum scenario)

=============
Operators pushed and sold at high price since Ex-date in January

=============
Rights issue price = RM0.015 per rights share
Wait for listing date to see if retailer shareholders able to make quick profit from the rights shares

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

2023-02-09 09:14

afata08

boleh enter buy kah at 0.035..!!?

2023-02-13 08:16

Citadel666

RIGHT ISSUE ONLY 0.015 BUT WATERFISH BOUGHT AT 0.045

2023-02-13 09:44

FOR NEWBIES

ZENTECH rights shares listed today 13 Mar 2023
ZENTECH price has dropped from high of 7.5sen to 2.5sen
Will it drop further below the rights issue price of 1.5sen ???

Directors collected more than RM24million from the rights issue exercise
Easy and convenient way of getting money from shareholders

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

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

2023-02-13 11:35

Support level is dere to buffer further dips & rebounds are expected anytime. B patient

2023-02-14 02:56

FOR NEWBIES

List of some penny stocks with NOSH exceeding 2 BILLION shares :-

AEM = 2,163,629,262, AT = 6,000,621,899, BCMALL = 2,034,112,087,
BORNOIL = 9,676,617,079, BPURI = 2,076,941,137, COMPUGT = 4,583,642,235,
FINTEC = 5,922,797,474, FOCUS = 6,372,205,736, EAH = 6,451,720,230,
EDUSPEC = 3,046,287,361, G3 = 2,902,753,548, GOCEAN = 2,111,592,400,
JOE = 3,059,119,200, KGROUP = 3,678,171,440, MMAG = 2,422,391,577,
PHB = 10,821,177,771, TAWIN = 3,423,995,038, TWL = 3,983,289517,
VIZIONE = 2,047,680,892, VSOLAR = 4,834,933,699, XOX = 5,050,830,575,
TALAMT = 4,295,279,562, XDL = 2,116,225,664, ZENTECH = 2,425,297,326

================
Be aware that directors have the power to propose shares consolidation to reduce the NOSH and then raise more fund via rights issue as well as continue with shares issuance to PP & ESOS in near future.

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

2023-02-15 12:42

Watch for the wave ...

2023-02-28 15:46

vivian1888

Michael Kwok Zentech still can hold ? i buy in 45cents, what expected price to sell ?

2023-03-02 12:11

Loss making high NOSH penny stock
If bought and hold at 4.5sen, the risk is directors might announce shares consolidation in near future
Eventually, price also drop til rights issue price.......more drop expected

2023-03-07 17:41

FOR NEWBIES

On behalf of ZTIB, TA Securities wishes to announce that the Rights Issue has been completed with the listing of 1,616,864,884 Rights Shares and 1,077,909,475 Warrants on the ACE Market of Bursa Securities on 13 February 2023.

This announcement is dated 13 February 2023.

===============
Directors collected 1,616,864,884 X 0.015 = RM24.25 million from the rights issue subscribers

Subscribers who are still holding to the rights shares might be left out to dry with the share price hovering below rights issue price for long time.

===============
NOSH = 2,425,297,326
WB = 1,077,909,475

Take note of the high NOSH of multi BILLION shares and BILLION warrants

Directors have power to raise more fund via shares issuance to PP, ESOS, etc
Directors also have power to do share consolidation when NOSH gets higher, in near future

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

2023-03-08 08:46

Citadel666

vivian1888

Michael Kwok Zentech still can hold ? i buy in 45cents, what expected price to sell ?
Q SELL RM 4.5 , after conso 100 to 1 hahaha

2023-03-14 09:44

henry888

rubbish stock, get money from ppl to survive.

2023-03-15 14:59

FOR NEWBIES

ZEN TECH INTERNATIONAL BERHAD (FORMERLY KNOWN AS INIX TECHNOLOGIES HOLDINGS BERHAD)

Take profit if there is profit
Don't be greedy and stuck at cheap price but yet losing money

NOSH = 2,425,297,326
WB= 1,077,909,475

On behalf of ZTIB, TA Securities wishes to announce that the Rights Issue has been completed with the listing of 1,616,864,884 Rights Shares and 1,077,909,475 Warrants on the ACE Market of Bursa Securities on 13 February 2023.

=============
Operators and subscribers of rights share @ 0.015 very likely disposing their massive shareholdings and warrants to lock in the profits around this price

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

2023-03-16 15:34

Gloves stock semua up... Bcoz China starts to open today... So they bet that Covid case will go up again & demand for gloves will be high...

2023-03-16 16:01

Very cheap this glove stock...

2023-03-16 16:09

FOR NEWBIES

CHANGE OF NAME FROM
INIX TECHNOLOGIES HOLDINGS BERHAD TO ZEN TECH INTERNATIONAL BERHAD

Dated : 21 Jun 2022

=============
Be cautious trading stock that had changed name.
Google the previous name to get more news reporting

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

2023-03-17 09:32

How to find a company's new /old name?

1. Recent Change of Name
https://www.bursamalaysia.com/trade/trading_resources/listing_directory/change_of_name

*Or*
2. https://www.bursamalaysia.com/market_information/announcements/company_announcement , go to *Keyword*, type “Change of Name”

Others Popular keyword Search :
*1. Boardroom / Principal / Changes in Director's Interest*
*2. Rights Issue / Private Placement / Multiple proposals*
*3. Unusual*
4. Trading halt/ Suspension / Default
5. Opinion
6. Practice Note 17 / Guidance Note 3 : First Announcement / Admission
7. Transaction

*very important keyword

2023-03-17 11:04

stncws

bro macau kueh is coming TP 3c

2023-03-17 15:26

Why buy topglove so expensive one? Buy zentech la still cheap 2.5 sen only...

2023-03-17 15:37

Siang9282

0163

2023-03-17 15:41

stncws

HLT.....

2023-03-17 15:49

Wow... 3 sen already... Go go go follow topglove...2 days of green candle already... If Monday also green,that means 3 white soldier bullish candlestick pattern ha ha...

2023-03-19 12:32

Kaiyan

All gloves fly, zentech no fly?

2023-03-24 11:00