Highlights
KLSE: PERMAJU (7080)       PERMAJU INDUSTRIES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.11   +0.005 (4.76%)  0.105 - 0.11  13,291,600
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Overview

Market Cap: 100 Million
NOSH: 913 Million
Avg Volume (4 weeks):19,053,727
4 Weeks Range:0.105 - 0.135
4 Weeks Price Volatility (%):
16.67%
52 Weeks Range:0.105 - 0.465
52 Weeks Price Volatility (%):
1.39%
Average Price Target: 1.02
Price Target Upside/Downside: +0.91

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2021 [#3]  |  28-May-2021
Next QR | Est. Ann. Date: 30-Jun-2021  |  28-Aug-2021
T4Q P/E | EY: -5.23  |  -19.13%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.2978  |  0.37
T4Q NP Margin | ROE: -63.94%  |  -7.07%

Headlines

Date Subject
15-Jun-2021 Mplus Market Pulse - 15 Jun 2021
24-Mar-2021 Technical Buy - PERMAJU-WA (7080WA)
24-Mar-2021 PublicInvest Research Headlines - 24 Mar 2021
11-Feb-2021 PublicInvest Research Headlines - 11 Feb 2021
11-Feb-2021 Mplus Market Pulse - 11 Feb 2021
02-Oct-2020 Technical Buy - Permaju (7080)
03-Sep-2020 [转贴] [Video:浅谈PERMAJU INDUSTRIES BHD, PERMAJU, 7080] - James的股票投资James Share Investing
02-Sep-2020 PublicInvest Research Headlines - 2 Sept 2020
02-Sep-2020 Mplus Market Pulse - 2 Sep 2020
02-Sep-2020 VSOLAR, Permaju, team up to bid for RM217m large-scale solar power project
07-Jul-2020 [转贴] [Facebook live video:浅谈Permaju Industries bhd (Permaju)] - James的股票投资James Share Investing
22-Jun-2020 Mplus Market Pulse - 22 Jun 2020

Business Background

Permaju Industries Bhd is Malaysia-based investment holding firm. The company is primarily engaged in sales and distribution of automobile vehicles. The company operates in four business segments namely; Timber segment comprises of sale of timber logs and related timber products and holding of timber concession and tree plantation; Automobile comprises of sale and distribution of motor vehicles and provision of related services which also contributes a major part of revenue; Property segment consists of development and construction of property, and Other segment involved in group level corporate services and investment holding activity. Most of its revenue comes from the Malaysian market.
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  8 people like this.
 
Joe Now the Action is back... Tq
11/06/2021 4:45 PM
messi Now everyone can buy at staff price. Better still if can buy below PP price.
14/06/2021 9:21 AM
whistlebower99 Similar Modus Operandi by loss making penny stock companies supporting each other.

Using internally generated fund to invest (Speculate) in other loss making penny stock shares.

Common director is Mr Tang Boon Koon in Permaju, Iconworld and MTB.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PERMAJU INDUSTRIES BERHAD (PERMAJU OR THE COMPANY) - ACQUISITION OF 185,050,000 RIGHTS SHARES TOGETHER WITH 92,525,000 FREE WARRANTS IN MTOUCHE TECHNOLOGY BERHAD BY ICONWORLD RESOURCES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY
PERMAJU INDUSTRIES BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS

Description
PERMAJU INDUSTRIES BERHAD (PERMAJU OR THE COMPANY) - ACQUISITION OF 185,050,000 RIGHTS SHARES TOGETHER WITH 92,525,000 FREE WARRANTS IN MTOUCHE TECHNOLOGY BERHAD BY ICONWORLD RESOURCES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

The Board of Directors of Permaju (“Board”) wishes to announce that Iconworld Resources Sdn. Bhd. (“Iconworld”), a wholly-owned subsidiary of the Company had on 10 June 2021 acquired 185,050,000 Rights Shares together with 92,525,000 Free Warrants in MTouche Technology Berhad (“MTB”) for a total purchase consideration of RM18,505,250.00, which is representing approximately 19.97% of the existing total number of issued shares in MTB (“the Acquisition”).

Kindly refer to the attachment for further details.

This announcement is dated 14 June 2021.

Please refer attachment below.


https://www.klsescreener.com/v2/stocks/view/7080/permaju-industries-berhad

https://www.klsescreener.com/v2/announcements/view/3376373

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=115654&name=EA_GA_ATTACHMENTS


TAYOR
14/06/2021 8:10 PM
whistlebower99 Information of MTOUCHE TECHNOLOGY BERHAD

https://www.klsescreener.com/v2/stocks/view/0092/mtouche-technology-berhad


Expect more fund raising exercises proposed by PERMAJU directors
14/06/2021 8:14 PM
bobochacha sendiri pun tak cukup cash, lagi mahu subscribe other kaki share...
14/06/2021 10:36 PM
messi Company cash rich lah. Collected lots of cash from ICPS rights issue and ICPS conversion fee and issue & sell new shares to ESOS and PP.

Used money to buy 30% hardie development sdn bhd from good friend
Used more money to buy MTOUCHE rights and warrants, support common director's penny stock

Not enough money, can issue and sell more shares to ESOS and PP.
15/06/2021 9:14 AM
Leoleo wor diu hxi lor like that. this company main biz is play penny stock in bursa ah ?

CEO day day trade at bursa ah ? buy hibisc la nia MGH, go buy mtouch for wat ?
15/06/2021 12:43 PM
messi Not bad lah, still got people come out make some noise. Thought it is already a ghost town, even the jaga & his boi already gone for "holidays" lor and not sure whether they will return in near future.
15/06/2021 1:55 PM
BuffetOnWeed whistlebower99
Keep up the good work of warning. Last time other users warn me about penny stock that are manipulation by syndicate like mentality using dilution to make more money and devalue the stock.
15/06/2021 4:49 PM
BuffetOnWeed I lucky to get out of permaju at 21c
15/06/2021 4:50 PM
yoyo i am unlucky stuck there...... :-)
15/06/2021 5:24 PM
Leoleo So the 30 percent pp money was siphoned out from the comp. More sharea on hand the boss.
Get more shares without paying a single cent.
Correct ?

Hehehe buy mtouch . Money moved out from comp.
Bursa should look into this type of cheater.
15/06/2021 5:26 PM
messi Final count down...
16/06/2021 8:58 AM
Leoleo wah woi...CEO go buy Focus ler wei. DLLM. buy la kikikiki very cheap
16/06/2021 9:15 AM
whistlebower99 REPOSTING of 29/5/2021

Stock: [PERMAJU]: PERMAJU INDUSTRIES BHD

May 29, 2021 9:43 AM | Report Abuse

Finally they decided to release the loss making QR in time.

https://www.klsescreener.com/v2/announcements/view/3367275

Gross profit from business operations is only RM388,000
Profit/(loss) attributable to ordinary equity holders of the parent RM -25,443,000

HUGE losses....due mainly to investment in penny stocks Meridian Berhad and PNE PCB Berhad totalling RM24,840,000
- purchase of marketable securities - Meridian Bhd RM26,000,000
- purchase of marketable securities - PNE PCB Bhd RM27,060,000
(one way to release company's cash into someone's pocket, by buying at high price, almost at the peak)


Net cash generated from financing activities RM161,550,000

mainly from fund raising exercise :
Issuance of ICPS RM93,720,000
Proceed from conversion of ICPS RM51,952,000
Proceed from ESOS option exercised RM16,646,000

As of QR date, Company left with cash of RM26,763,000

CASH RICH ???


Looks like more fund raising exercises needed to support the yearly losses.
Be prepared for more PP and ESOS share issuance in near future.

29/05/2021 9:43 AM

=========================================
Penny stock speculative investments now consist of
MTOUCHE (about 20%)
MERIDIAN
and PNEPCB

===========================================
How nice ?
Buy 1 get 4, now Permaju holders are also investors of MTOUCHE, MERIDIAN and PNEPCB

Price movement and loss-making performance of MTOUCHE, MERIDIAN and PNEPCB will affect the price of Permaju

Monitor and TAYOR
16/06/2021 9:26 AM
see2sea @whistleblower99 thanks for your info..why sc did not investigate on them?
16/06/2021 2:23 PM
whistlebower99 @see2sea

Good question. Do you know nicky liow?

Why it takes so long to uncover his activities ?

For more info on cheaters, refer to FB......Goreng Tipu Bursa......
16/06/2021 2:30 PM
messi Today so many disappointed investors cut loss. How about ah boi and boys?

Still holding and hoping for u-turn? Wish you luck and hope you are right, then thanks to Looikong
16/06/2021 3:53 PM
DC @messi bro, u still holding? what's your thought?
16/06/2021 3:58 PM
BestOne Looks good on chart now than ever, technical positioning carries more silent indicators that the rebounce is inevitable and perhaps then, don’t miss the boat..
16/06/2021 4:08 PM
messi @DC, I am still holding after averaging my previous buy (at below 1st PP price). Now losing 1.25sen though.

Will wait for a while see if can u-turn on technical rebound.

Want to make kfc and nasi lemak also not easy with this permalu stock.
16/06/2021 4:14 PM
DC @messi thanks for the reply bro! yea.... looking forwards for a rebound soon. all the best!
16/06/2021 4:20 PM
5c0160 Insider new con counter under bursa investigation. PN 17 soon.
16/06/2021 5:55 PM
willee2 u gaiss still hoping to earn here ah??
16/06/2021 10:13 PM
messi Price now below ESOS and very close to 3rd PP price, many could be tempted to get in.
Waiting here hoping for the company jaga to come out to give some advice. Come, come, come...
17/06/2021 9:15 AM
koyokui Buy below esos now
17/06/2021 10:16 AM
Daren6419 Buy when others are fear. I will add 105
17/06/2021 10:26 AM
messi Good move at the moment but we won't know what the operator's plan for this permalu stock.

They might decide not to support and let it slide down further into deeper hole.

Company jaga has not been seen for days, seems like absconded. But hope he will reappear soon to make some positive announcement.
17/06/2021 11:25 AM
kenkoh I don't think the price will go up soon. Probably need to wait another year or so......so happy waiting
17/06/2021 2:06 PM
whistlebower99 Cash on hand drying up?

Just issue more shares to sell to ESOS or PP.

Additional Listing Announcement /Subdivision of Shares
PERMAJU INDUSTRIES BERHAD

Details of corporate proposal Exercise of ESOS
No. of shares issued under this corporate proposal 15,000,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1200
Latest issued share capital after the above corporate proposal in the following
Units 912,542,170
Issued Share Capital ($$) Malaysian Ringgit (MYR) 362,093,467.530
Listing Date 18 Jun 2021
17/06/2021 4:21 PM
whistlebower99 https://www.klsescreener.com/v2/announcements/view/3378145

Increase cash on hand and dilute shareholdings
17/06/2021 4:22 PM
DC ESOS at 0.120, how will that affect the share price? the current price is below ESOS exercise price
17/06/2021 5:01 PM
Joe Possibly will touch 0.10cents tomorrow....
17/06/2021 5:08 PM
Joe Maybe should buy below Esos
17/06/2021 5:10 PM
DC the current price is below ESOS for now
17/06/2021 5:19 PM
apapuntaktahu Better buy in open market can save 14%
17/06/2021 6:28 PM
5c0160 Everybody pls cut lose. Totally game over. con rubbish counter.
17/06/2021 6:50 PM
mimisita already cut loss this lapsap counter at 0.11.... if you think price is cheap and lower than pp price, you better get ready.. the lower is yet to come...
17/06/2021 7:59 PM
whistlebower99 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS PERMAJU INDUSTRIES BERHAD ("PERMAJU" OR "THE COMPANY") - ADDITIONAL INFORMATION ON THE ACQUISITION OF 185,050,000 RIGHTS SHARES TOGETHER WITH 92,525,000 FREE WARRANTS IN MTOUCHE TECHNOLOGY BERHAD BY ICONWORLD RESOURCES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY

The Board of Directors of Permaju (“Board”) wishes to provide additional information pertaining to the Acquisition as below:-

1. The background and details of the acquisition, including the number of Mtouches shares held by Iconworld as at the entitlement of Rights Shares, the entitlement of Iconworld under the Rights Shares and If relevant, the details of excess application

Iconworld had subscribed for 50,000 units of Ordinary Shares of Mtouches on 20 May 2021. As at the entitlement of Rights Shares, Iconworld had 50,000 units of Mtouches shares and entitled to 50,000,000 units of Rights Shares. Iconworld then decided to subscribe for all 50,000,000 units of Rights Shares and 186,000,000 units of excess Rights Shares at RM0.10 per Rights Shares. Overall, Iconworld had subscribed 185,050,000 units of Rights Shares together with 92,525,000 free Warrant D of Mtouches.

2. To provide further elaboration and justification on the rationale for the acquisition

The Company is of the view that the investment is expected to yield a positive impact to the Group in the foreseeable future as in accordance to Mtouches’ abridged prospectus which stated that the purpose of the Rights Issue is to raise sufficient fund to diversify into healthcare business with a view to turnaround its performance via the new venture, given that expected strong demand in the healthcare sector in light of the present pandemic coupled with the strong performance of companies that are involved in the same industry and provide an alternative source of income to Mtouches’ current core business.

This announcement is dated 17 June 2021.


https://www.klsescreener.com/v2/announcements/view/3378681

=================================================
MTOUCHE TECHNOLOGY BERHAD

Renounceable rights issue of up to 794,374,098 new Shares ("Rights Shares") together with up to 397,187,049 free detachable warrants in MTOUCHE ("Warrants D") on the basis of 6 Rights Shares together with 3 free Warrants D for every 1 existing Consolidated Share held by the entitled shareholders at the issue price of RM0.10 per Rights Share ("Rights Issue with Warrants")

https://www.klsescreener.com/v2/announcements/view/3373639

--------------------------------------------------------------------------------------------

Details of such valid acceptances and excess applications received are as follows:-

No. of Rights Shares % of total issue

Total valid acceptances 284,496,518 35.81
Total valid excess applications 509,826,899 64.18
Total valid acceptances and excess applications 794,323,417 99.99
Total Rights Shares available for subscription 794,374,044 100.00
Not subscribed for 50,627 0.01

https://www.klsescreener.com/v2/announcements/view/3371133

==================================================

The figures in the PERMAJU announcement don't look correct based on the entitlement ratio of rights shares in MTOUCHE announcement.
As at entitlement date, 50,000 shares should be entitled to 300,000 shares (not 50,000,000 shares) with 150,000 free warrants D.

Put the figures aside, it looks like Permaju is very kind and generous to support MTOUCHE fund raising exercise by subscribing for more shares by way of excess application. If not for Permaju excess application, MTOUCHE rights issue will be under subscribed at higher percentage.

There goes the cash on hand from Permaju's company account

=========================================================
17/06/2021 9:35 PM
whistlebower99 Refer facebook "Goreng Tipu Bursa Klse" page for more juicy news on penny stocks

Download MACCMobile app if you need to use it. The more the merrier...
17/06/2021 9:43 PM
messi Public listed companies directors better take note and toe the line...

Start bringing in profits from legitimate businesses, before more disgruntled traders/investors lodge reports with SC, Bursa, MSWG, PDRM, MACC, etc for in-depth investigations into hank -panky activities

Punishment for laundering of company funds also involves jail term ?
18/06/2021 9:50 AM
Joe I think Permaju is due to spike up any time now... Lowest was 0.105..miracles to happen soon...
18/06/2021 11:50 AM
KSLI Limit UP coming
18/06/2021 1:23 PM
Hai Hai Ini team fintec..ada berani beli ka..
18/06/2021 3:36 PM
whistlebower99 Specially for newbies dabbling in penny stocks.

List of some penny stocks with huge total share issued or incurring losses in many quarters or with frequent fund raising exercises via rights issue & share issuance to ESOS & Private Placement or had undergone share consolidation exercise and rights issue with free warrants.

This is not an exhaustive list. Feel free to add or amend if there is any error.

ANZO, AT, BORNOIL, COMPUGT, DAYA, DGB, DOLPHIN, EAH, EDUSPEC, FINTEC,

FOCUS, GOCEAN, ICON, JOE, KANGER, KGROUP, LAMBO, M3TECH, MACPIE, MINDA,

MLAB, MNC, MTOUCHE, MTRONIC, NETX, NEXGRAM, OVERSEA, PASUKGB, PDZ, PERDANA,

PHB, PNEPCB, PUC, PWORTH, SANICHI, SAUDEE, SCOMI, SINARAN, TALAMT, TANCO,

TAWIN, TIGER, TRIVE, VIZIONE, VSOLAR, WIDAD, XDL, XOX

-----------------------------------------------------------------------------------------------------------------
Free access to company profile and information:

ANZO https://www.klsescreener.com/v2/stocks/view/9342
AT https://www.klsescreener.com/v2/stocks/view/0072/at-systematization-berhad
BORNOIL https://www.klsescreener.com/v2/stocks/view/7036/borneo-oil-berhad
COMPUGT https://www.klsescreener.com/v2/stocks/view/5037/compugates-holdings-berhad
DAYA https://www.klsescreener.com/v2/stocks/view/0091/daya-materials-berhad
DGB https://www.klsescreener.com/v2/stocks/view/0152/dgb-asia-berhad
………..

--------------------------------------------------------------------------------------------------------------------
This is not an exhaustive list. Feel free to add or amend if there is any error.

TAYOR

--------------------------------------------------------------------------------------------------------------------
https://www.nst.com.my/news/nation/2017/05/242003/macc-tells-public-use-mobile-apps-portal-report-corruption

MACCMobile
18/06/2021 5:32 PM
Daren6419 Permaju still got one spike then after that will follow those fintec counter. Keep calm and wait for spike
18/06/2021 5:58 PM
KingOfStock high risk high return.. keep calm and trade permaju...
hehe
18/06/2021 9:39 PM
marubozuu Will rebound anytime now, buy all in and keep for more profit coming
19/06/2021 4:29 PM
messi Be careful and closely monitor business decision of directors and how they utilize the company fund to grow business profits or to fatten cronies pockets. Don't be too greedy to expect the price to move up very high.
20/06/2021 9:27 PM
BrusaCasino Thanks whistlebower99. Keep up the good work of warning
20/06/2021 10:30 PM


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