Good. Pls kickstart project soon. Investors only feel positive if they see some work done.

The sort of laws those jokers who did the egm did not follow obviously since court decided null and void. If the egm was done properly im sure the judge would agree. Dont buy this counter yet.

Start collect now. Mngmnt pls clean up in house and focus revive the co. Current mmgmnt look serious to clean up house. Price will slowly crawl up soon

MATERIAL LITIGATION Kuala Lumpur High Court Suit No: WA-24NCC-170-05/2017 Ire-Tex Corporation Berhad vs (1) Mak Lin Kum, (2) Chin Wui Choong, (3) Ahmad Amryn Bin Abd Malek, (4) Mohd Shariff Bin Omar and (5) Tan Tong Lang

IRE-TEX CORPORATION BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description Kuala Lumpur High Court Suit No: WA-24NCC-170-05/2017 Ire-Tex Corporation Berhad vs (1) Mak Lin Kum, (2) Chin Wui Choong, (3) Ahmad Amryn Bin Abd Malek, (4) Mohd Shariff Bin Omar and (5) Tan Tong Lang
Reference is made to the Company's announcements made on 8 May 2017, 17 May 2017, 19 May 2017, 23 May 2017 and 2 June 2017, respectively.

The Company wishes to announce that the Court has allowed the Originating Summons No. 24NCC-165-04/2017 (“165 OS”) and dismissed the Originating Summons No. 24NCC-170-05/2017 (“170 OS”). The Orders granted by the Court in respect of 165 OS are as follows:-

A declaration that the Special Notice dated 1 March 2017 issued by Elite Cosmo Group Limited (“first Defendant”) to Ire-Tex Corporation Berhad (“Plaintiff”) is null and void;
A declaration that the Notice of Extraordinary General Meeting of the Plaintiff dated 11 April 2017 (“Notice of EGM”) issued by the first Defendant is null and void;
A declaration that the meeting which was convened on 27 April 2017 at 9.00 a.m. at Level 7, Multipurpose Hall, The Maple Suite, No. 1, Changkat Raja Chulan, 50200 Kuala Lumpur by the first Defendant by way of Notice of EGM (“the said Meeting”) is not an Extraordinary General Meeting of the Plaintiff;
A declaration that any and/ or all so called resolutions which were tabled and passed at the said Meeting is/ are null and void;
A declaration that Wong Youn Kin is not the company secretary of the Plaintiff;
A declaration that the announcement, bearing reference number GMA-27042017-00113 posted in Bursa Malaysia Securities Berhad’s website is null and void; and
A declaration that appointment of Raja Hizad Bin Raja Kamarulzaman (second Defendant) and Hamdan Bin Mohd Nor (third Defendant) as the Directors of the Plaintiff is null and void.
The issue of costs in respect of 165 OS and 170 OS is to be taken up in written submissions which are to be filed on or before 13 June 2017. The Court will give its decision on costs on 19 June 2017.

Buy buy now. Cant bottom any more till scrape the ground. Is good time good low entry to ng. Seems few positive views here makes sense. Co got jobs at hand. A matter of time before fly high

Pnbbroker... really political play counter now isit? Whats the prize two groups fighting for in zero company? If true somehow mca,umno dont go hand in hand with cleaning up corruption anywhere haha

Anyone know what the court decided today? Counter will pickup soon i think. Buy now good time

Good time to buy ng... soon boom time

Nicolas you know something we dont? Why shud pn17 leh, co got job at hand. Your statement dont make sense

Yeah drop more please i start collect also

Dropping like rocks. Got chance to bottom out at .15 then good to collect soon

Look at the QR. This cap ayam company basically a ghost company. Slowly die one. No biz no asset no trade whatsoever. Wonder why board still remains since they are not shareholders. Hoping someone rescue before ship sink maybe

Buy now and wait a bit sure boom ya. I think also got potential to fly this one when project start work

Is this good time to buy in with low price. Future rally when big project jumpstart sure fly? Any comments guy is good or not...

When gonna fly? What is wrong this counter. Good news with billions project still tidur. Strange. Investors still watch see isit

This counter very unassuming and sluggish activitiy. Anyone knows current happenings here?

Good price entry. Time to buy maybe wait market rally for election time. Still paying dividend is good news

Still got ppl buying into this counter. Prep for election rally isit? Someone know somthing we dont know

Extend of time again and again means not good news. By 28 july delist

Which one is true? NG been served by suit of this R&A or not..

A Few substantial shareholders shopping mode. Price is low good entry. Anyone knows whats brewing inside co?

They gonna list their port assets?

Sardine Cap Ayam very popular in malaysia kikiki

Monde, true that. Seychelles also famous for its top beaches and nature. Good for holiday. Not very top in property development or construction and financing though. If you Partner an offshore registered company from seychelles it kinda trigger alarm bell in my head.

Still good idea for fishing trip to seychelles though

steveooikp i dont know. Your guess as good as mine. If from same group could be big though i wonder the need to go through an offshore company. Plus the name holding implies its not the parent company if related at all to the HK big firm.

http://www.taxjustice.net/2014/06/10/corrupt-little-seychelles-became-paradise-dirty-money/

Good question where is seychelles.

Somebody earlier commented about this country and a simple google came out many interesting things with anything related to coming from seychelles

Funny cant find any info on this jv partner from net search if they are established biz emtity. Found Asia Capital Group Holdings a big private equity firm base in SG. Found Asian Capital Ltd base in HK, an investment arm of big china group of ZZ Capital Group. But this unknown ChinaAsian Capital Holding Ltd must be super big beyond normal ikan bilis investor

Jv is good news or bad? Wonder what is the jv for the need for offshore company coming in? Funding partner or construction/developer partner. Am sure more local developer partner can be found for 1.15B project. And local financing banks willing to fund good project with angkasa. Is angkasa govt linked? Cannot find local bank fund isit. So what is jv for? Any comments guys? Offshore company also means offshore cash outflow possible, maybe they learn something from jo low

Good news by 2 june means court will announce rigjht people. Hopefully will clean out company from bad management. Price got chance to up soon after that. Standby to fly

Happy buy, not happy dont buy. Maybe ng wait timing election to pump the project start for more positive market sentiment. Still good news means eyes still on taking off projects at hand. Price fly 0.065 by year end hopefully. Those scared to go in dont buy. Simple

Something must be brewing if director insider buying up shares. Any chance see movement soon here? Any comments? Entry price now is low

Your own wallet ma your own risk la. Small wallet eat small ngam. You got big wallet eat bigger fish la. Dont simply simply shoot people just because you dont agree with them. Shows who the real jackass here

Wah lao champion la. You own bursa isit? You seem to know very much about inside company ha..Own some shares in cap ayam company suddenly think own bigger than bursa. You think bursa ppl stupid isit. Empty tin make loud noise. Regulators has own way n procedures im sure not bothered with people shooting blanks in forum.

Mau wang besar must be patient..wait project kickoff. Hope boardmembers wakeup faster. Near election sure got jumpstart many stocks

You know the new investor isit? Smell something fishy. If something stinks sure you find rat some where. If every shareholder with some shares think they know better than bursa and think bursa so stupid then go fly kite elsewhere. My point being dont assume we know what bursa knows. I find it highly suspect certain people shout loudest about everyone else, joker this, joker that, bursa this, bursa that..

Wang besar... wang besar. Siapa tergigit lada adalah sendiri rasa pedas. Small investors ikan bilis we watch outside ringside. If false police report sure police kasi hantam satu kali. If not let the authorities do their work and dont be champion accuse all authorities got bribe. You think this country like listed co you do like father mother property? Let see the outcome first lor..

Wang besar.. wang besar. Itu wheel kasi pusing lagi. Buy now while low. Wait see who emerge controlling company now price also diedie stuck .20. Whoever new mngmnt must pledge to impose stricter internal money control. Previous few board monkeys simply can payoff money for no good biz reason. Listed company do like father mother company. Small shareholders left to dry. Police case cbt hope hear good news soon charge any culprit sent to jail

Egm lor where got agm. Faster faster bring new tokay mca sel strong man inside wintoni. Buy buy shares now keep and wait see new mngmnt can bring biz into zero company and avoid delist

Tuju langit counter. Dream big. Wang besar wang besar soon go up. Many snakes inside Ng is good big money. Snakes good in making fast fast kill. Punters keep faith semayang mau kuat some more deputy chairman kuat semayang haji also sure tuju langit soon kikiki

Current board must answer why keep delay Ar and agm etc. Im sure bursa is knocking on them everytime

YKW2 dont insult bursa. They are not stupid. They are highly professional people.

Im sure if any jokers play around the authorities would get to them sooner or later.

Meanwhile you are right, public is not stupid. Im always wary of anyone who shouts the loudest in the room claiming to be champion of the greater good for everyone. I see politicians do this everyday. Theres always a hidden agenda. Maybe you watch to much movies yourself?

Very interesting counter to watch. Price may shoot up in view of renewed tussle? If ever get to trade again. Iretex drama spills over to wintoni.

These are same board members certain party trying to remove as directors at Iretex. Good for the company when board tussles, both sides always tries to expose wrongdoings/mismanagement of the other. We shareholders/investors diedie try to ride the price.

Investor A buys up shares of Company A to qualify calling for Egm. Try remove board members not friendly to them. Interesting to note, these so called "jokers" board members actually dared make police report about fraud and cbt of some other jokers at Iretex as per bursa announcements. Something serious hopefully bukit aman will investigate and charge whoever the jokers are who committed any crime. Removing unfriendly directors through egm to stop them exposing issues may backfire badly as at Iretex. Looks fishy at wintoni as well.