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Overview
Financial Highlight
HeadlinesNo recent Headlines for this stock. Business Background Meda Inc Bhd is a real estate services company. The company’s operations comprise the following business segments - Property Development segment, which engages in the development of residential and commercial properties and agricultural lots; Construction division secures and carry out construction contracts; Hotel Operations segment; Property Investment segment is involved in the rental collection activities from investment properties; and Others business is involved in cultivation of oil palm, project management services, and operation of car park in commercial properties. The company operates principally in Malaysia.
  Risk Trader I think lowest price is around 0.045 cent only, already down 90% fron highest history last year. 19/02/2022 9:46 AM Tuyuyu Risk trader ..operator will press to 2c this time bcos many ppl bought ard 5-6c si operator will press to scare them 19/02/2022 1:19 PM 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 19/02/2022 1:22 PM 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 19/02/2022 1:24 PM Tuyuyu Current 4.5c - still very high..they will press to 2c according to my graph analisis 19/02/2022 1:25 PM  Michael Kwok I call buy,there call sell.6 cents only.second nosh below 1 billion.cash can be issues through as usual. 18/04/2022 9:28 AM Michael Kwok Buy call at 5 cents.No need stop.cwn be a shell company to takeover businesses. 31/05/2022 4:09 PM 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 20/06/2022 11:16 AM 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 02/08/2022 8:59 AM 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 02/08/2022 10:15 AM  Michael R. This is probably the worst among those 50+ of the group. Sailang is one of the famous business.. 02/08/2022 3:08 PM 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 03/10/2022 9:21 AM 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. 17/10/2022 9:47 AM 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 09/11/2022 3:38 PM 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 18/01/2023 10:33 AM 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 26/01/2023 7:25 AM 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 Announcements IPO Shareholdings Discussion Comments Guidelines About Home Contact Us Follow us Also available on Android app on Google Play iOS App on AppStore Huawei AppGallery WP8 App on Windows Phone Store © KLSE Screener 2023 | Neobie Enterprise Sdn Bhd | Terms of Use 26/01/2023 8:11 AM 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 26/01/2023 5:29 PM 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. 26/01/2023 9:52 PM Good123 Financial Position Analysis Assets RM22.59m Liabilities RM43.53m Short Term Assets RM163.51m Liabilities RM5.25m Long Term 26/01/2023 9:59 PM 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. 26/01/2023 10:00 PM 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 26/01/2023 10:00 PM 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. 26/01/2023 10:01 PM 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 26/01/2023 10:01 PM 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 26/01/2023 10:02 PM 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 26/01/2023 10:02 PM Good123 Dilution of Shares: Shareholders have not been meaningfully diluted in the past year. 26/01/2023 10:03 PM 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 26/01/2023 10:04 PM 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 26/01/2023 10:05 PM 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 27/01/2023 8:45 PM 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 07/02/2023 10:24 AM 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 08/02/2023 8:48 AM 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 08/02/2023 2:55 PM 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 08/02/2023 3:02 PM 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 15/02/2023 6:04 PM 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 20/02/2023 11:22 AM 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 20/02/2023 1:32 PM 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 23/02/2023 9:57 AM 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 17/03/2023 11:42 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||
