|
| |
Overview
Financial Highlight
Headlines
Business Background EastLand Equity Bhd is a Malaysian based investment holding company. The business activity of the firm is operated in leasing and financing, hospitality business, investment properties and property development division. Its portfolio includes project development in Kelantan, Renaissance Kota Bharu Hotel, and shopping complex and condominium. All the activities are functioned through the region of Malaysian.
  BursaRangers https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2021-08-08-story-h1569648967-BursaRangers_Daily_Technical_Picks_09_August_2021.jsp 08/08/2021 9:01 PM davidkkw79 Another the best ever QR result ! Moon ! https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3196718 29/09/2021 7:57 PM Mohd Akmal Hakim not yet to fly. waiting for damai development rights to materialise in november 12/10/2021 8:42 AM  nklye Quite a funny ratio of its rights issue and warrants. 19 : 7 (rights) and 13 : 19 (warrants). May end up with plenty of odd lots ! 10/01/2022 12:32 PM 陳 彥霆 rigth isue ex date 1) The Right commence of trading : 19 Jan 2022 2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 20 Jan 2022 3) The last day and time for Acceptance, Renunciation and Payment : 4 Feb 2022 4) The Rights cessation quotation : 26 Jan 2022 The Stock Short Name, Number and ISIN Code EASTLND-OR, 2097OR and MYL2097OR006 17/01/2022 12:10 PM whistlebower99 FOR NEWBIES Easy way for directors to raise fund of around 80 million from shareholders by issuing more shares. RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,144,250,677 NEW ORDINARY SHARES IN EASTLAND EQUITY BHD. ("EASTLAND") ("EASTLAND SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 19 RIGHTS SHARES FOR EVERY 7 EXISTING EASTLAND SHARES HELD AS AT 5.00 P.M. ON MONDAY, 17 JANUARY 2022, TOGETHER WITH UP TO 782,908,357 FREE DETACHABLE WARRANTS IN EASTLAND ("WARRANTS") ON THE BASIS OF 13 WARRANTS FOR EVERY 19 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE Another loss making low price penny stock with multi billion issued shares in the making. First day OR trading at lowest price of 1/2 sen could mean rights subscription might be under subscribed like many other stocks like pasukgb, pdz, ladmbo, kanger, fast, etc Many investors getting smarter not to contribute more money to directors fund raising exercises. Stock price could even drop below rights issue price soon. TAYOR 19/01/2022 11:10 AM whistlebower99 RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,144,250,677 NEW ORDINARY SHARES IN EASTLAND EQUITY BHD. ("EASTLAND") ("EASTLAND SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 19 RIGHTS SHARES FOR EVERY 7 EXISTING EASTLAND SHARES HELD AS AT 5.00 P.M. ON MONDAY, 17 JANUARY 2022, TOGETHER WITH UP TO 782,908,357 FREE DETACHABLE WARRANTS IN EASTLAND ("WARRANTS") ON THE BASIS OF 13 WARRANTS FOR EVERY 19 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE Ex-Date 14 Jan 2022 (COMPLETED) Ex-date price = 0.08 Date for commencement of trading of rights 19 Jan 2022 Date for cessation of trading of rights 26 Jan 2022 Acceptance and Payment 04 Feb 2022 05:00 PM Excess share application and payment 04 Feb 2022 05:00 PM Date for announcement of final subscription result and basis of allotment of excess Rights Securities 10 Feb 2022 Available/Listing Date 18 Feb 2022 Ratio (New : Existing) 19.0000 : 7.0000 Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.0700 ================== Massive shares issuance exercise by directors to raise about 80 million from shareholders 19/01/2022 11:39 AM goodtime FREE DETACHABLE WARRANTS IN EASTLAND ("WARRANTS") ON THE BASIS OF 13 WARRANTS FOR EVERY 19 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE As per abovementioned free Warrants.... any sifu can share us what is the details for the warrants... i mean the : Maturity Date , Exercise Price, Conversion Ratio...??? 20/01/2022 10:26 PM NKLpunya Expect the new mother shares to be traded with existing mother shares at least 7 sen and the new warrants at 3 sen 04/02/2022 11:22 AM goodtime may i knew what is the warrant's - Maturity Date - Exercise Price - Conversion Ratio... 04/02/2022 10:43 PM goodtime may i knew what is the details for EASTLND-WA - Maturity Date , - Exercise Price, - Conversion Ratio 05/02/2022 4:44 AM whistlebower99 Posted by goodtime > Feb 5, 2022 4:44 AM | Report Abuse may i knew what is the details for EASTLND-WA - Maturity Date , - Exercise Price, - Conversion Ratio ====================== 2.5 Salient terms of the Warrants https://www.klsescreener.com/v2/announcements/view/3489345 https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=213610&name=EA_DS_ATTACHMENTS 07/02/2022 12:22 PM whistlebower99 RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,144,250,677 NEW ORDINARY SHARES IN EASTLAND EQUITY BHD. ("EASTLAND") ("EASTLAND SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 19 RIGHTS SHARES FOR EVERY 7 EXISTING EASTLAND SHARES HELD AS AT 5.00 P.M. ON MONDAY, 17 JANUARY 2022, TOGETHER WITH UP TO 782,908,357 FREE DETACHABLE WARRANTS IN EASTLAND ("WARRANTS") ON THE BASIS OF 13 WARRANTS FOR EVERY 19 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE Ex-Date 14 Jan 2022 (COMPLETED) Ex-date price = 0.08 Date for commencement of trading of rights 19 Jan 2022 (COMPLETED) Date for cessation of trading of rights 26 Jan 2022 (COMPLETED) OR price = 0.005 Acceptance and Payment 04 Feb 2022 05:00 PM (COMPLETED) Excess share application and payment 04 Feb 2022 05:00 PM Stock price= 0.08 Date for announcement of final subscription result and basis of allotment of excess Rights Securities 10 Feb 2022 (COMPLETED) ======================== Next important date : Available/Listing Date 18 Feb 2022 Ratio (New : Existing) 19.0000 : 7.0000 Rights Issue / Offer Price Malaysian Ringgit (MYR) 0.0700 ================== Final subscription result and basis of allotment of excess Rights Securities :- Total valid acceptances 909,799,343 79.51 Total valid Excess Applications 485,207,250 42.40 Total valid acceptances and Excess Applications 1,395,006,593 121.91 Total number of Rights Shares available for subscription 1,144,250,677 100.00 Over-subscription 250,755,916 21.91 https://www.klsescreener.com/v2/announcements/view/3499191 ================== Compared to other penny stocks, subscription rate by retailers can be considered high. 11/02/2022 10:26 AM whistlebower99 QUARTERLY RESULT Profit/(loss) attributable to ordinary equity holders of the parent -335,000 ================ Another losing quarter 21 consecutive losing quarter https://www.klsescreener.com/v2/stocks/view/2097/eastland-equity-bhd =============== 16/02/2022 10:48 AM whistlebower99 EASTLND - RENOUNCEABLE RIGHTS ISSUE OF 1,144,241,731 NEW ORDINARY SHARES IN THE COMPANY ("SHARE(S) OR RIGHTS SHARES") ON THE BASIS OF 19 RIGHTS SHARES FOR EVERY 7 EXISTING EASTLND SHARES HELD TOGETHER WITH 782,901,982 FREE WARRANTS 2022/2032 ("WARRANTS B") IN EASTLND ON THE BASIS OF 13 WARRANTS B FOR EVERY 19 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE ("RIGHTS ISSUE WITH WARRANTS") Kindly be advised that additional 1,144,241,731 new EASTLND Shares issued pursuant to the Rights Issue with Warrants will be granted listing and quotation with effect from 9.00 a.m., Friday, 18 February 2022. Kindly also be advised that EASTLND’s 782,901,982 Warrants B issued pursuant to the Rights Issue with Warrants will be admitted to the Official List of the Exchange and the listing and quotation of the Warrants B on the Main Market under the "Consumer Products & Services" sector, will be granted with effect from 9.00 a.m., Friday, 18 February 2022. The Stock Number, Stock Short Name and ISIN Code of the Warrants B are "2097WB", "EASTLND-WB" and "MYL2097WB227" respectively. ============= Good luck to rights subscribers 17/02/2022 8:52 PM whistlebower99 DIRECTORS SHAREHOLDINGS AFTER COMPLETION OF RIGHTS ISSUE 1. Particulars of Director Name DATO' LEE WAI MUN Name of registered holder Leading Ventures Sdn. Bhd. Subscription of Rights Issue with Warrants on the basis of 19 Rights Shares for every 7 existing Ordinary Shares held. Indirect/deemed interest (units) 243,942,563 Indirect/deemed interest (%) 15.579 Date of notice 16/02/2022 ======================== 2. Particulars of Director Name DATO' LEE WAI MUN Name of registered holder Leading Ventures Sdn. Bhd. Subscription of Rights Issue with Warrants on the basis of 19 Rights Shares for every 7 existing Indirect/deemed interest (units) 243,942,563 Indirect/deemed interest (%) 15.579 Date of notice 16/02/2022 ======================== 3. Particulars of Director Name MR LEE CHEE KIANG Subscription of Rights Issue with Warrants on the basis of 19 Rights Shares for every 7 existing Ordinary Shares held. Direct (units) 93,736,800 Direct (%) 5.986 Date of notice 16/02/2022 ========================= 18/02/2022 12:24 PM theavenger https://www.facebook.com/goldenharvestinvestment/photos/pcb.1147389932684035/1147388389350856 05/03/2022 2:00 PM whistlebower99 FOR NEWBIES Proposed company name META BRIGHT GROUP BERHAD The Proposed Change of Name, if approved by the shareholders, will take effect from the date of issuance of the Notice of Registration of New Name by the CCM to the Company. This announcement is dated 17 March 2022. https://www.klsescreener.com/v2/announcements/view/3519787 ================ Loss making penny stock with multi-year losses Recently completed RI with free warrants Just hope the name change can also change it fortune, from annual losses to annual profits 18/03/2022 9:38 AM whistlebower99 FOR NEWBIES IMPIANA is the latest high NOSH penny stock to join the list of share consolidation stocks. https://www.klsescreener.com/v2/announcements/view/3561755 2022 - 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 08/06/2022 3:56 PM whistlebower99 FOR NEWBIES EASTLAND EQUITY BHD. ("EASTLAND" OR "COMPANY") (I) PROPOSED ACQUISITION; (II) PROPOSED CAPITAL REDUCTION; AND (III) PROPOSED DIVERSIFICATION (i) FBO Land (Setapak) Sdn. Bhd. ("FBO Land”), a wholly-owned subsidiary of Eastland, had on 18 March 2022 entered into a conditional sale and purchase agreement (“CSPA”) with Eastland, Top Land Resources Sdn. Bhd. (“Top Land” or the “Developer”), Mentiga Development & Construction Sdn Bhd (“Mentiga” or the “Proprietor”) and Leading Ventures Sdn. Bhd. (“LV”), to acquire 92 commercial units comprising the ground and first floor within 46 stratified 2-storey shop/offices within Bandar Tun Razak Business Park, 26400 Bandar Tun Abduk Razak Jengka, Maran, Pahang Darul Makmur (“Properties”), for a total purchase consideration of RM24,800,000 (“Purchase Consideration”) which will be satisfied via the issuance of 381,538,461 new ordinary shares in Eastland (“Eastland Shares” or “Shares”) (“Consideration Shares”) at an issue price of RM0.065 each (“Issue Price”), subject to the terms and conditions of the CSPA (“Proposed Acquisition”); https://www.klsescreener.com/v2/announcements/view/3521027 ================ This announcement is dated 14 June 2022. On behalf of the Board, Malacca Securities wishes to announce that Bursa Securities had vide its letter dated 14 June 2022, resolved to approve the listing and quotation of 381,538,461 Consideration Shares to be issued pursuant to the Proposed Acquisition, subject to the following conditions:- https://www.klsescreener.com/v2/announcements/view/3564867 ================== Massive share issuance coming very soon with the issuance of 381,538,461 shares for the proposed acquisition Dilution of shareholders equity % and EPS NOSH = 1,565,807,770 will increase toward 2 BILLION shares WB = 782,901,982 =============== 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 15/06/2022 9:59 AM whistlebower99 Accordingly, the name of the Company had been changed from "EASTLAND EQUITY BHD." to "META BRIGHT GROUP BERHAD" with effect from 18 July 2022. ======== Will the change of name also change the fortune of the company from bad 7 years losses to good 7 years profits? 26/07/2022 3:11 PM whistlebower99 FOR NEWBIES MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!! Announcement dated 2 August 2022 =================== 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 List of penny stocks with shares consolidation:- 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,......... ==================== TAYOR, set realistic target 02/08/2022 10:53 AM whistlebower99 FOR NEWBIES Meta Bright Group Berhad formerly known as Eastland Equity Berhad Types of corporate proposal Acquisitions Issuance of 381,538,461 new ordinary shares in Meta Bright Group Berhad pursuant to the acquisition of 92 commercial units comprising the ground and first floor within 46 stratified 2-storey shop/offices within Bandar Tun Razak Business Park, 26400 Bandar Tun Abdul Razak Jengka, Maran, Pahang Darul Makmur, for a total purchase consideration of RM24,800,000 No. of shares issued under this corporate proposal 381,538,461 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0650 Latest issued share capital after the above corporate proposal in the following Units 1,947,346,231 Listing Date 09 Aug 2022 ================== Another massive shares issuance for asset acquisition after the rights issue in Jan 2022 Massive dilution to shareholders equity % and EPS NOSH = 1,947,346,231 WB = 782,901,982, Maturity 2032-02-13, Strike value 0.0850 Be careful trading high NOSH low price penny stocks, many of which had undergone shares consolidation causing huge losses to retail investors =============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance ==================== TAYOR, set realistic target 09/08/2022 9:11 AM whistlebower99 FOR NEWBIES Directors continue to raise fund via share issuance to PP, ESOS after massive rights issue in Jan 2022 RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,144,250,677 NEW ORDINARY SHARES IN EASTLAND EQUITY BHD. ("EASTLAND") ("EASTLAND SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 19 RIGHTS SHARES FOR EVERY 7 EXISTING EASTLAND SHARES HELD AS AT 5.00 P.M. ON MONDAY, 17 JANUARY 2022, TOGETHER WITH UP TO 782,908,357 FREE DETACHABLE WARRANTS IN EASTLAND ("WARRANTS") ON THE BASIS OF 13 WARRANTS FOR EVERY 19 RIGHTS SHARES SUBSCRIBED FOR AT AN ISSUE PRICE OF RM0.07 PER RIGHTS SHARE Ex-Date 14 Jan 2022 ================= Shares issuance of 389,469,246 new ordinary shares in Meta Bright Group Berhad (formerly known as Eastland Equity Bhd.) ("MBGB"), representing 20.0% of the total number of issued share capital of MBGB. No. of shares issued under this corporate proposal 389,469,246 Issue price per share ($$) Malaysian Ringgit (MYR) 0.1125 Latest issued share capital after the above corporate proposal in the following Units 2,336,815,477 Issued Share Capital ($$) Malaysian Ringgit (MYR) 183,839,667.600 Listing Date 09 Feb 2023 ================= NOSH = 2,336,815,477 WB = 782,901,982 Maturity 2032-02-13 Strike value 0.0850 =============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance https://www.klsescreener.com/v2/stocks/view/2097/meta-bright-group-berhad ================ TAYOR, set realistic target 10/02/2023 8:57 AM  | |
