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Business Background Inix Technologies Holdings Bhd is Malaysia-based investment holding company. The company with its subsidiaries are primarily engaged software development, system integration, IT management consultancy and other related professional services. The company operates in four business segments namely, Software segment comprises of Software development and system integration solutions which also contributes a major part of revenue; Books segment comprises of sales of books; Dredging segment comprises of Dredging and land reclamation and, the Corporate segment comprises of Investing holding and other related services. Most of its revenue is generated from the Malaysian market.
![]() Siang9282 Important Relevant Dates for Renounceable Rights Description 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 PM. 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") Despatch Date 11 Jan 2023 06/01/2023 4:18 PM Siang9282 https://www.nst.com.my/business/2023/01/867893/csh-alliance-advances-ev-space 09/01/2023 2:45 PM AlfI3 Taker traded exceed 1.291M, more volume to b shown in these few days to come 11/01/2023 4:24 AM 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 11/01/2023 6:26 PM 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. 11/01/2023 6:52 PM whistlebower99 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 16/01/2023 11:06 AM whistlebower99 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 31/01/2023 3:53 PM Michael Kwok Sell call zentech 6 cents Tp 4.5 cents(buy on weaknesses) 7/1/23 11.23 am 07/02/2023 11:24 AM whistlebower99 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 09/02/2023 9:14 AM whistlebower99 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 13/02/2023 11:35 AM AlfI3 Support level is dere to buffer further dips & rebounds are expected anytime. B patient 14/02/2023 2:56 AM whistlebower99 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 15/02/2023 12:42 PM vivian1888 Michael Kwok Zentech still can hold ? i buy in 45cents, what expected price to sell ? 02/03/2023 12:11 PM whistlebower99 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 07/03/2023 5:41 PM whistlebower99 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 08/03/2023 8:46 AM 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 14/03/2023 9:44 AM whistlebower99 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 16/03/2023 3:34 PM anisayob 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... 16/03/2023 4:01 PM whistlebower99 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 17/03/2023 9:32 AM GS 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 17/03/2023 11:04 AM anisayob Why buy topglove so expensive one? Buy zentech la still cheap 2.5 sen only... 17/03/2023 3:37 PM anisayob 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... 19/03/2023 12:32 PM ![]() ![]() | |