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15 people like this. whistlebower99 FOR NEWBIES FREE WARRANTS ISSUE OF UP TO 164,668,875 FREE WARRANTS IN SERSOL BERHAD ("SERSOL") ("WARRANT(S)" OR "WARRANT(S) B") ON THE BASIS OF 1 WARRANT FOR EVERY 5 ORDINARY SHARES IN SERSOL HELD AT 5.00 P.M. ON 11 NOVEMBER 2022 ("FREE WARRANTS ISSUE") Shareholder's Approval No Ex-Date 10 Nov 2022 Entitlement date 11 Nov 2022 (the exercise price of the Warrants at RM0.10 each, representing a discount of approximately 17.76% to the 5-day VWAP of Sersol Shares up to and including 26 October 2022, being the last trading day of Sersol Shares immediately preceding the price-fixing date, of RM0.1216 per Sersol Share.) This announcement is dated 27 October 2022. https://www.klsescreener.com/v2/announcements/view/3628729 https://www.klsescreener.com/v2/announcements/view/3628697 ================== Not many things are free in life Those baited by bonus share issue and bought at higher prices could be incurring losses Now directors giving bonus warrants to reward for big shareholders, new PP investors, and .... =================== TAYOR.set realistic target 28/10/2022 9:18 AM whistlebower99 FOR NEWBIES Directors busy making announcement of HOA (Head of Agreement) Similar to MOU, Letter of Understanding....sama sama but called differently One way to attract newcomers to the stock ? https://www.bursamalaysia.com/market_information/announcements/company_announcement?keyword=others&cat=&sub_type=&company=0055&mkt=&alph=&sec=&subsec=&dt_ht=&dt_lt=#/?category=all =============== SERSOL BERHAD ("SERSOL" OR "THE COMPANY") - HEADS OF AGREEMENT ENTERED BETWEEN SERSOL BERHAD AND NATURAL AND PREMIUM FOODS CO. LIMITED =============== SERSOL BERHAD ("SERSOL" OR "THE COMPANY") - HEADS OF AGREEMENT ENTERED BETWEEN SERSOL BERHAD AND TAKUNI GROUP PUBLIC COMPANY LIMITED =============== Sersol Berhad ("Sersol" or "the Company") - Memorandum of Understanding entered between Sersol e-Solutions Sdn. Bhd., a wholly owned subsidiary of the Company and Eminent Display Sdn. Bhd. =============== Sersol Berhad ("Sersol" or "the Company") - Heads of Agreement entered between the Company and MJets Limited ================ Sersol Berhad ("Sersol" or "the Company") - Heads of Agreement entered between the Company, SMTrack Berhad, Country Heights Holding Berhad, Jiankun International Berhad, Techna-X Berhad, MQ Technology Berhad and 5G Infra Tech Solution Sdn. Bhd. =============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance =============== Continue to monitor status update of HOA, MOU, many of which might be terminated after some time of no material development =============== TAYOR 01/11/2022 11:03 AM whistlebower99 FOR NEWBIES Types of corporate proposal Private Placement Details of corporate proposal SERSOL BERHAD ("SERSOL") PRIVATE PLACEMENT I No. of shares issued under this corporate proposal 48,470,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.0790 Latest issued share capital after the above corporate proposal in the following Units 592,130,909 Listing Date 18 Oct 2022 ================== Directors good in shares issuance at attractive prices to reward lucky selected PP investors Millions profit within a month....master stroke How to apply to be PP investors? ================ Those who bought for the bonus shares have to wait longer to break-even or to reduce losses =============== Continue to monitor quarterly results directors plan for utilisation of company funds directors plan for more fund raising via shares issuance ============= TAYOR 04/11/2022 12:29 PM whistlebower99 FOR NEWBIES Directors sold almost all warrants and shares Changes in Director's Interest (Section 219 of CA 2016) Name MR TAN FIE JEN Total no of securities after change Direct (units) 540,690 Direct (%) 0.091 Date of notice 07/12/2022 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3313663 ============= Changes in Director's Interest (Section 219 of CA 2016) Name MR TAN FIE JEN Descriptions(Class) Warrant B Total no of securities after change Direct (units) 9 Direct (%) 0.000 Date of notice 05/12/2022 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3312888 ============= Take note of trading activities of directors https://www.bursamalaysia.com/market_information/announcements/company_announcement#/?category=all 09/12/2022 11:19 AM EVemily Sersol Bhd expects its joint venture with Thai energy and electric vehicle (EV) motorbike specialist Takuni Group PCL to generate RM900 million in sales across Malaysia, Indonesia and Thailand. 16/12/2022 11:20 AM EVemily Managing director Datuk Justin Lim Hwa Tat said the JV inked in Bangkok diversifies Sersol’s investment portfolio to incorporate a Malaysian entity to handle manufacturing, marketing and distribution of EV motorbike batteries, EV batteries, and charging platforms throughout the region. 16/12/2022 11:22 AM kutipkutip expired 15-11-2027 -wb tadah dekat 0.055 , sebelum expired mesti akan pump sekali lagi . lambat tapi 99.99% pasti ! selalu yang nak cepat untung tu lah yang selalu cepat rugi . 25/05/2023 3:55 PM haziqaz Justin Lim CEO Sersol Berhad tidak pernah BANKRAP seperti didakwa https://corporatekini.com/2023/07/08/justin-lim-ceo-sersol-berhad-tidak-pernah-bankrap-seperti-didakwa/ 09/07/2023 12:48 AM whistlebower99 FOR NEWBIES SERSOL BERHAD (SERSOL OR THE COMPANY) - CLARIFICATION ON THE NEWS ARTICLES ENTITLED: "HAS SERSOL HEAD HONCHO JUSTIN LIM HWA TAT GONE INTO HIDING?" "MACC LOOKING FOR MAN WITH 'DATUK' TITLE TO ASSIST INVESTIGATION" The Company refers to the Articles which appeared in focusmalaysia.my and www.nst.com.my dated 12 July 2023 respectively entitled "Has Sersol head honcho Justin Lim Hwa Tat gone into hiding" and "MACC looking for man with Datuk title to assist investigation". The Company wishes to clarify firstly that Datuk Wira Justin Lim Hwa Tat is presently holding the position of Chief Executive Officer of the Company. He has been away overseas since February 2023 for purpose and reason only known to him. The Company has been contacted by MACC and was made to understand that the MACC is investigating on certain payments made by the Company to a third party, which were approved and instructed by Datuk Wira Justin Lim Hwa Tat. The majority of the Board of the Company had not received any update from him thus far. This announcement is dated 13 July 2023. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3369146 ==================== Date of change 05 Aug 2021 Name DATUK JUSTIN LIM HWA TAT Age 45 Gender Male Nationality Malaysia Designation Managing Director Directorate Executive Type of change Appointment ================= Date of change 15 Jun 2023 Name DATUK JUSTIN LIM HWA TAT Age 47 Gender Male Nationality Malaysia Type of change Appointment Designation Chief Executive Officer ============== Probably already made his money from the corporate exercises (bonus issue and bonus warrants) 14/07/2023 12:33 PM haziqaz https://corporateuntold.wordpress.com/2023/07/27/kenneth-vun-vun-yun-lun-kembali-manipulasi-saham-disebalik-sanston-financial-group-limited-lazarus-securities/ 28/07/2023 5:31 AM xAJ007x Hmm. Morgan Stanley is new substantial shareholders. Also Mitsubishi bought shares. What's your input guys 04/09/2023 10:27 AM JJPTR Tiong Siang is the father of Sersol chief executive officer Datuk Wira Justin Lim Hwa Tat, who is wanted by the Malaysian Anti-Corruption Commission (MACC) over his instructions and approval of five payments totalling RM2.5 million to a private company named HGC Legacy Enterprise. Meanwhile, Hillcove wanted to elect three new directors to the board, namely Datuk Mohamed Suffian Awang, Alan Ling Sie Kiong and Tan Tong Lang, with immediate effect. It is worth noting that Momahed Suffian is a former independent and non-executive director of FGV Holdings Bhd and former political secretary to former prime minister Datuk Seri Najib Razak. Now you can understand why these company can keep RI/PP/ESOS to increase NOSH from 300m shares to 6B NOSH, and later 30:1 consolidation and repeat the process a few times without doing any meaniful business activity. 09/11/2023 11:21 AM | |