Sslee

Sslee | Joined since 2016-08-31

Investing Experience Beginner
Risk Profile Moderate

Emotional Introvert Most defining characteristics: You are sensitive, melancholic and a perfectionist. You are a very emotional, caring and dedicated person. You believe that there is a bigger picture in life, one that we can’t really see, but we can feel. You are very compassionate, strong minded

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User Comments
Timeout

2023-06-15 09:22 | Report Abuse

Dear 3iii,
I will also bring out your concerns on Escort services spam post to i3admin this weekend

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥
11589 posts
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jun 15, 2023 9:11 AM | Report Abuse

Many of these spam posts recently in this forum. Hoping our admin will look into this. Thanks.

Timeout

2023-06-15 09:15 | Report Abuse

Repost:

@Mikecyc
Johnchew5 Hoho see the one said will leave .. still thick thick skin ???
14/06/2023 9:44 AM

KenLee60 Stock: [ARMADA]: BUMI ARMADA BERHAD
9 hours ago | Report Abuse
Hoho is Konartist le is leaving?
15/06/2023 2:48 AM

Johnchew5 Hoho thanks to Lee for issued this Blog .. more konn , actor n blower are here n to be exposed… hahahaha
15/06/2023 5:19 AM

Johnchew5
2023-06-15 05:04:48
Hoho wow Mike vs so many konn in different forums at same time , being abused then retaliated easily get flag report until suspended. Recalled Callvin 3rd Jail is due to doing promotion of a Stock in over 20 forums … I don’t even had a chance to see the post oredi being flag report to post removed n being Suspended. So desperate loh , Win or Lose ? Manpower is a critical factor , better not same name in all the debating forums … Haha n Hoho team manpower Shl be increasing loh … hohohoho Since the kunn seems grouping

Mikecyc please stop it. I know you are the same coward hiding behind your above multiple ID to harass and mocking me in my blog and even mocking i3Admin Terms and Conditions of Use and Community Standard.

Posted by Johnchew5 > Jun 14, 2023 12:00 PM | Report Abuse
Hoho sslleee what is suspended and banned ???

I respect i3investor house rule on suspension for an offender/abuser
Mikecys: Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 08/08/2023. Please refer to the Terms and Conditions of Use and Community Standards of this portal

Suspension is a cool off period for offender/abuser to do self-reflection and repent (your abusive twist and turn other i3commentators word into insult and cyber sexual harassment)

Some offender/abuser did reflect and repent and return as a useful contributor to i3community or enjoying lepak/chit chat/friendly banter (teasing/joking) with many friends in i3community.

But sadly Mikecyc you do not have the capacity for self-reflection and repent, hence I will write a letter to I3Admin this weekend on the need to amend i3investor house rule on those repeat/un-repented offender/abuser from using multiple ID to continues abusing/mocking i3investor Terms and Conditions of Use and Community Standards

News & Blogs

2023-06-15 08:59 | Report Abuse

Repost:

@Mikecyc
Johnchew5 Hoho see the one said will leave .. still thick thick skin ???
14/06/2023 9:44 AM

KenLee60 Stock: [ARMADA]: BUMI ARMADA BERHAD
9 hours ago | Report Abuse
Hoho is Konartist le is leaving?
15/06/2023 2:48 AM

Johnchew5 Hoho thanks to Lee for issued this Blog .. more konn , actor n blower are here n to be exposed… hahahaha
15/06/2023 5:19 AM

Johnchew5
2023-06-15 05:04:48
Hoho wow Mike vs so many konn in different forums at same time , being abused then retaliated easily get flag report until suspended. Recalled Callvin 3rd Jail is due to doing promotion of a Stock in over 20 forums … I don’t even had a chance to see the post oredi being flag report to post removed n being Suspended. So desperate loh , Win or Lose ? Manpower is a critical factor , better not same name in all the debating forums … Haha n Hoho team manpower Shl be increasing loh … hohohoho Since the kunn seems grouping

Mikecyc please stop it. I know you are the same coward hiding behind your above multiple ID to harass and mocking me in my blog and even mocking i3Admin Terms and Conditions of Use and Community Standard.

Posted by Johnchew5 > Jun 14, 2023 12:00 PM | Report Abuse
Hoho sslleee what is suspended and banned ???

I respect i3investor house rule on suspension for an offender/abuser
Mikecys: Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 08/08/2023. Please refer to the Terms and Conditions of Use and Community Standards of this portal

Suspension is a cool off period for offender/abuser to do self-reflection and repent (your abusive twist and turn other i3commentators word into insult and cyber sexual harassment)

Some offender/abuser did reflect and repent and return as a useful contributor to i3community or enjoying lepak/chit chat/friendly banter (teasing/joking) with many friends in i3community.

But sadly Mikecyc you do not have the capacity for self-reflection and repent, hence I will write a letter to I3Admin this weekend on the need to amend i3investor house rule on those repeat/un-repented offender/abuser from using multiple ID to continues abusing/mocking i3investor Terms and Conditions of Use and Community Standards

Stock

2023-06-15 08:49 | Report Abuse

Repost:

@Mikecyc
Johnchew5 Hoho see the one said will leave .. still thick thick skin ???
14/06/2023 9:44 AM

KenLee60 Stock: [ARMADA]: BUMI ARMADA BERHAD
9 hours ago | Report Abuse
Hoho is Konartist le is leaving?
15/06/2023 2:48 AM

Johnchew5 Hoho thanks to Lee for issued this Blog .. more konn , actor n blower are here n to be exposed… hahahaha
15/06/2023 5:19 AM

Johnchew5
2023-06-15 05:04:48
Hoho wow Mike vs so many konn in different forums at same time , being abused then retaliated easily get flag report until suspended. Recalled Callvin 3rd Jail is due to doing promotion of a Stock in over 20 forums … I don’t even had a chance to see the post oredi being flag report to post removed n being Suspended. So desperate loh , Win or Lose ? Manpower is a critical factor , better not same name in all the debating forums … Haha n Hoho team manpower Shl be increasing loh … hohohoho Since the kunn seems grouping

Mikecyc please stop it. I know you are the same coward hiding behind your above multiple ID to harass and mocking me in my blog and even mocking i3Admin Terms and Conditions of Use and Community Standard.

Posted by Johnchew5 > Jun 14, 2023 12:00 PM | Report Abuse
Hoho sslleee what is suspended and banned ???

I respect i3investor house rule on suspension for an offender/abuser
Mikecys: Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 08/08/2023. Please refer to the Terms and Conditions of Use and Community Standards of this portal

Suspension is a cool off period for offender/abuser to do self-reflection and repent (your abusive twist and turn other i3commentators word into insult and cyber sexual harassment)

Some offender/abuser did reflect and repent and return as a useful contributor to i3community or enjoying lepak/chit chat/friendly banter (teasing/joking) with many friends in i3community.

But sadly Mikecyc you do not have the capacity for self-reflection and repent, hence I will write a letter to I3Admin this weekend on the need to amend i3investor house rule on those repeat/un-repented offender/abuser from using multiple ID to continues abusing/mocking i3investor Terms and Conditions of Use and Community Standards

News & Blogs

2023-06-15 06:57 | Report Abuse

@Mikecyc

Johnchew5 Hoho see the one said will leave .. still thick thick skin ???
14/06/2023 9:44 AM

KenLee60 Stock: [ARMADA]: BUMI ARMADA BERHAD
9 hours ago | Report Abuse
Hoho is Konartist le is leaving?
15/06/2023 2:48 AM

Johnchew5 Hoho thanks to Lee for issued this Blog .. more konn , actor n blower are here n to be exposed… hahahaha
15/06/2023 5:19 AM

Johnchew5
2023-06-15 05:04:48
Hoho wow Mike vs so many konn in different forums at same time , being abused then retaliated easily get flag report until suspended. Recalled Callvin 3rd Jail is due to doing promotion of a Stock in over 20 forums … I don’t even had a chance to see the post oredi being flag report to post removed n being Suspended. So desperate loh , Win or Lose ? Manpower is a critical factor , better not same name in all the debating forums … Haha n Hoho team manpower Shl be increasing loh … hohohoho Since the kunn seems grouping

Mikecyc please stop it. I know you are the same coward hiding behind your above multiple ID to harass and mocking me in my blog and even mocking i3Admin Terms and Conditions of Use and Community Standard.

Posted by Johnchew5 > Jun 14, 2023 12:00 PM | Report Abuse
Hoho sslleee what is suspended and banned ???

I respect i3investor house rule on suspension for an offender/abuser
Mikecys: Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 08/08/2023. Please refer to the Terms and Conditions of Use and Community Standards of this portal

Suspension is a cool off period for offender/abuser to do self-reflection and repent (your abusive twist and turn other i3commentators word into insult and cyber sexual harassment) Some offender/abuser did reflect and repent and return as a useful contributor to i3community or enjoying lepak/chit chat/friendly banter (teasing/joking) with many friends in i3community. But sadly Mikecyc you do not have the capacity for self-reflection and repent, hence I will write a letter to I3Admin this weekend on the need to amend i3investor house rule on those repeat/un-repent offender/abuser from using multiple ID to continues abusing/mocking i3investor Terms and Conditions of Use and Community Standards

Stock

2023-06-14 14:10 | Report Abuse

https://businessanalytiq.com/procurementanalytics/index/maleic-anhydride-price-index/

Petronas Chemicals Group Bhd (PetChem) said it had reached a final investment decision (FID) to acquire a maleic anhydride (MAn) plant in Gebeng, Kuantan from its 40% owned unit BASF Petronas Chemicals Sdn Bhd (BPC) for an undisclosed sum. The FID is targeted to be ready by the second half of 2025. PetChem signed an agreement with BPC previously for the acquisition of the 113-kilotonne-per-annum plant, with plans to repurpose and upgrade the facility to produce MAn for the food and pharmaceutical industries. MAn is produced for applications in coatings and polymers, and mainly used in production of unsaturated polyester resins, paints, and food flavouring.

Stock

2023-06-14 11:14 | Report Abuse

I just wonder Yinson very high debts yet doing well and pay dividend.
How Yinson charge their clents?

Stock

2023-06-14 11:04 | Report Abuse

I3lurker is right.
Armada is good for trading gain but not for investment because of high debts and unable to pay dividend yet.

I invest on stocks that give dividend and hopefully also share price appreciation.

Stock

2023-06-14 10:04 | Report Abuse

https://www.enquest.com/investors/reports-results-and-presentations

You can read from above link on Report resilt on Kraken productoon

Stock

2023-06-14 09:59 | Report Abuse

https://www.lse.co.uk/ShareChat.html?ShareTicker=ENQ&share=enquest

You can read from this Enquest chat on Karken back online

News & Blogs

2023-06-14 06:37 | Report Abuse

Good morning probability,
personal note to sslee, have you tried just avoiding responding / interacting with such trolls...usually they will stop by themself...not sure how this happened

Since I make my apology to Windy1974, I have totally ignored this troll even this troll still everyday hanging Big Fitnah, insulting and sexual harrassment banner on me and other i3commentator untill I blow my top and ask UlarSawa to arrange a fair competition my Armada with his CapitalA and loser get lost from this i3forum forever. I won (walk over) and he still continues insulting and sexual harrassment other that prompt me with no choice but to write to i3Admin.


Posted by Sslee > May 7, 2023 7:54 AM | Report Abuse X

Windy1974 is right, I shouldn't stoop to Mike level and throwing insults but I can't help when Mike insult my idol Robert De Niro who have a very strong character.

My apology.

Windy1974 SSlee. You have lowered yourself to slandering? If you can't take the heat, just stay away.
If you enjoy the attentions, then you better withstand the heat.
06/05/2023 10:36 AM

Stock

2023-06-13 17:37 | Report Abuse

Information from AAX Q1 end 31/3/2023 financial report:
RM50 million of new capital which will serve to bolster our short term working capital requirements, strengthening the balance sheet as the Company continues to recover and grow its operations in this post-pandemic era, primarily for the reactivation and maintenance of the Company’s growing fleet.

Q1 end 31/3/2023
Maintenance and overhaul: RM (63,490,000) this is the cost to reactivare 2 aircrafts and maintenance of 9 aircrafts.

Posted by investormalaysia > Jun 13, 2023 10:12 AM | Report Abuse
Next month can buy.
Cuz last time use 20 mill buy 9 aircraft. Now 50 mill buy 22 aircraft?
How long the process of buying aircraft? 2 weeks?

Stock

2023-06-13 16:31 | Report Abuse

Insas cantiiiiiiiiiiiik!!!!

Stock

2023-06-13 13:10 | Report Abuse

Insas still hold 537,008,575 inari share.
If everything go well as plans for inari and inari share price skyrocket then most likely leno will laugh all the way to the the bank with Insas-WC

Stock

2023-06-13 11:52 | Report Abuse

I am very disappointed with Bumi Armada IR, SC, Bursa and IB's analyst.

My complaint letter only received SC case number and Bursa reference number and no-response from IR or IB's analyst.

My biggest suprised is why until now Bursa has not yet query Bumi Armada to response to IB's analyst report.

I will write a letter to Bursa CEO this weekend on bursa failure to ensure a timely full diclosure of relavant imformation to investing public.

News & Blogs

2023-06-13 08:52 | Report Abuse

Dear i3investor commentators,
For your attention

News & Blogs

2023-06-12 19:06 | Report Abuse

qqq3,
I ask you are simple question on my HRC concerns and you talk refinery capicity for what?

Stock

2023-06-12 17:50 | Report Abuse

My challenge is for loser to get lost from this i3investor forum forever.

News & Blogs

2023-06-12 17:45 | Report Abuse

qqq3,
My letter is address to:
Independent Non-Executive Director Mr. Surinderdeep Singh Mohindar Singh newly appointed to the Chair Board Whistleblowing Committee for follow up questions on HRC response to my whistle blowing questions. As my concerns were not addressed sufficiently.

Tell me what wrong with that?

Stock

2023-06-12 16:31 | Report Abuse

Just need Insas to break RM 1.16 and WC is worth RM 0.318

Stock

2023-06-12 16:28 | Report Abuse

WARRANTS 2021/2026
No. of outstanding warrants : 331,510,380
Exercise price per warrant : RM0.90
Expiry date of warrants : 28 February 2026

WC only expire on 28 Feb 2026.
Still too early to say Insas WC will soon go to 0.000 and Mr Haha will realize a loss of RM4,706,312

Stock

2023-06-12 16:21 | Report Abuse

THIRTY LARGEST WARRANTS HOLDERS as at 30 September 2022

No. of
Name warrants %
1. M & A Nominee (Asing) Sdn Bhd 48,387,500 14.60
- M&A Investments International Limited
2. Dato’ Thong Kok Yoon 21,679,405 6.54
3. M & A Nominee (Asing) Sdn Bhd 18,808,615 5.67
- For Qing Shui Wan Holdings Pte Ltd
4. Public Nominees (Tempatan) Sdn Bhd 18,759,000 5.66
- Pledged Securities Account for Lee Hock Leong (E-PDG/SAN)
5. M & A Nominee (Tempatan) Sdn Bhd 14,623,000 4.41
- Baktihan Sdn Bhd
6. M & A Nominee (Asing) Sdn Bhd 13,837,500 4.17
- M&A Investments Pte Ltd
7. Immobillaire Holdings Sdn Bhd 9,571,000 2.89
8. Tan Pau Son 5,448,800 1.64
9. Maybank Nominees (Tempatan) Sdn Bhd 5,416,900 1.63
- Pledged Securities Account for Lim Gim Leong
10. Teo Lay Choo 4,682,000 1.41
11. Dato’ Sri Thong Kok Khee 4,400,750 1.33
12. Chang Peng Hoong 4,031,800 1.22
13. HLB Nominees (Tempatan) Sdn Bhd 4,000,000 1.21
- Pledged Securities Account for Tan Teng Heng
14. Gan Peoy Hong 3,901,850 1.18
15. Maybank Nominees (Tempatan) Sdn Bhd 3,700,000 1.12
- Maybank Private Wealth Management
for Philip A/L K.O.Kunjappy (PW-M00774)(420784)
16. HLB Nominees (Tempatan) Sdn Bhd 3,489,600 1.05
- Pledged Securities Account for Chee Sai Mun
17. Alliancegroup Nominees (Tempatan) Sdn Bhd 3,200,000 0.96
- Pledged Securities Account for Christina Loh Yoke Lin (8111756)
18. Maybank Nominees (Tempatan) Sdn Bhd 3,082,250 0.93
- Pledged Securities Account for TNTT Realty Sdn Bhd
19. Kenanga Nominees (Tempatan) Sdn Bhd 2,800,000 0.85
- Pledged Securities Account for Yeo Bee Kim
20. Phoon Kin Seng 2,700,000 0.81
21. Cimsec Nominees (Tempatan) Sdn Bhd 2,500,000 0.75
- CIMB for Ong Yoong Nyock (PB)
22. Kim Poh Holdings Sdn Bhd 2,382,400 0.72
23. Thong Weng Tim 2,369,770 0.71
24. Amsec Nominees (Tempatan) Sdn Bhd 2,010,000 0.61
- Pledged Securities Account for Yap Wai Leong
25. UOB Kay Hian Nominees (Tempatan) Sdn Bhd 1,897,700 0.57
- For Ong Soon Ho
26. TA Nominees (Tempatan) Sdn Bhd 1,850,000 0.56
- Pledged Securities Account for Khor Sun Keong
27. Low Chu Mooi 1,803,500 0.54
28. Dato’ Wong Gian Kui 1,782,250 0.54
29. HLIB Nominees (Tempatan) Sdn Bhd 1,678,400 0.51
- Pledged Securities Account for Chan Swee Booi
30. Public Nominees (Tempatan) Sdn Bhd 1,544,800 0.47
- Pledged Securities Account for Teh Kian Lang (E-KLC)

Stock

2023-06-12 14:50 | Report Abuse

Stock [ARMADA]: BUMI ARMADA BERHAD
Announcement Date 12-Jun-2023
Reference No ALA-09052023-00017
Listing Date 13-Jun-2023
New type/class? No
Type Others
Details Management Incentive Plan
No. of shares issued 4,526,300
Issue Price MYR 0.663
Par Value 0.000
Total NOSH 5,922,666,244

Stock

2023-06-12 12:38 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2023-06-11-story-h-267933244-Hengyuan_Follow_up_questions_on_HRC_response_to_my_whistle_blowing_ques.jsp

Even I only hold 500 units HRC share that did not stop me from holding management and executive directors accountable responsible and answerable.

Stock

2023-06-12 12:10 | Report Abuse

No worries,
Mike🐁 not even hold any CapitalA share but only ka ki kong, ka ki song.

By the way if in six months time CapitalA without debts restructure or come out with the PN17 regularisation plan CapitalA price will kaput

Stock

2023-06-12 09:40 |

Post removed.Why?

Stock

2023-06-12 08:59 | Report Abuse

My suggestion please post your CapitalA holding.

Stock

2023-06-12 08:56 | Report Abuse

Stock Code Stock Name Qty Avg Price(RM) Market Price(RM) Gross Investment(RM) Market Value(RM) Unrealized P&L(RM) Unrealized P&L(%)
5210 ARMADA
98,000 0.4719 0.4750 46,246.20 46,550.00 303.80 0.66

My holding on Armada
Mike🐁 are free to post any of his holding to challenge my armada holding.

Stock

2023-06-12 06:54 | Report Abuse

Without debts restructure CapitalA is a dead meat. Avoid.

Stock

2023-06-12 06:53 | Report Abuse

Just a gentle reminder:
Technically CapitalA is an insolvent company. Period

As at 31/3/2023: As at 31/12/2022
RM'000: RM'000
Net current liabilities: (8,524,896): (8,509,066)

Equity
Owner of the Company: (5,553,254): (5,725,093)
Non-controlling interests: (3,822,946): (3,791,865)

With Net current liabilities of RM(8,524,896,000) can CapitalA stay afloat for the next 12 months?

Q1 ended 31/3/2023
Revenue: RM 2,529,713,000
NP: RM 26,013,000
NP to SH: RM 57,095,000
EPS: 1.40 cents
NAPS: RM - 1.33

Stock

2023-06-12 06:49 | Report Abuse

Just a gentle reminder:
Technically CapitalA is an insolvent company. Period

As at 31/3/2023: As at 31/12/2022
RM'000: RM'000
Net current liabilities: (8,524,896): (8,509,066)

Equity
Owner of the Company: (5,553,254): (5,725,093)
Non-controlling interests: (3,822,946): (3,791,865)

With Net current liabilities of RM(8,524,896,000) can CapitalA stay afloat for the next 12 months?

Q1 ended 31/3/2023
Revenue: RM 2,529,713,000
NP: RM 26,013,000
NP to SH: RM 57,095,000
EPS: 1.40 cents
NAPS: RM - 1.33

Stock

2023-06-12 06:45 | Report Abuse

Without debts restructure CapitalA is a dead meat. Avoid.

News & Blogs

2023-06-11 17:31 | Report Abuse

Will email out next week.
You are welcome to give your comment.

Stock

2023-06-11 15:57 | Report Abuse

Today is already june 2023 and someone is still asking questions about 2016 and 2018????

Stock

2023-06-11 09:49 | Report Abuse

I do not think Dnex management know anything about running a chip business and now Dnex need his JV partner to run the chip business for them.

Unfortunately the JV partner is now not see eye to eye with Dnex.

At the first place why MOF sold SilTerra to Dnex when Dnex has not experience at all in running a Tech company.

Stock

2023-06-11 09:21 | Report Abuse

The big money is on buying at the right time and then wait.

If waiting without buying, you can only be like tikus shit here and shit there to ka ki kong ka ki song.

Stock

2023-06-10 18:34 | Report Abuse

Bplant is undervalued because of it valuable land bank.
In term of FFB production Jayatiasa already overtake Bplant.

Bplant next quarter will be less if base on FFP production but who know Bplant can just sell a piece of land and report disposal gain in over hundreds of milllion.

Stock

2023-06-10 18:20 | Report Abuse

Why DSONIC at tge top when so few comment id DSONIC forum?

Posted by i3lurker > Jun 10, 2023 12:18 PM | Report Abuse
sslee
this moving the forum topic to Top of List using insults is always done in ALL stock forums.
remember, there is a Suiyee Sucker Bilis born every second.

Trending Now - Hot Stocks Today
Rank Company Score
1 DSONIC 1000
2 DNEX 506
3 ARMADA 471
4 SAPNRG 437
5 BPLANT 271
6 GENTING 243

Stock
Stock

2023-06-10 13:34 | Report Abuse

Armada had been good for me in trading gain for free Bintang beer and lobsters.

I normally invest in companies that pay dividend and trading on those with high share price volatility but no on PN17 companies.

Will Sapura debts restructure included haircut to creditors, debtors and shareholders (share consolidation)?

The Sapura debts restructure include:
1. Potential divestment of Sapura’s stake in its associate company (SapuraOMV Upstream Sdn Bhd)
2. The issuance of debt-to-equity financial instruments.
3. Potential financial investment of RM1.8 billion

KUALA LUMPUR (June 7): Cash-strapped Sapura Energy Bhd said the nine-month extension of the restraining orders granted to the group and 22 wholly-owned subsidiaries is necessary to finalise the group's proposed restructuring schemes with its financiers and other creditors to resolve its unsustainable debt and overdue payables.

The group is currently in the process of further refining the restructuring schemes with the aim of reaching an agreement in principle with the financiers on certain key items, said Sapura Energy in a statement on Wednesday (June 7).

This includes reaching an accord on the amount of potential sustainable debt going forward, paring down the outstanding liabilities through the potential divestment of Sapura’s stake in its associate company (SapuraOMV Upstream Sdn Bhd), and options such as the issuance of debt-to-equity financial instruments as one of the methods for resolution.

The nine-month extension of the orders, until March 10 next year, was granted after a hearing at the High Court, The Edge reported on Tuesday. The orders were initially issued on March 8 and set to expire on June 11.

The primary creditors for Sapura Energy Group are the financiers for its multi-currency financing (MCF) facilities. To reduce its unsustainable debt, Sapura Energy and the 22 subsidiaries, who are obligors under the MCF facilities, have engaged with the primary creditors with the help of the Corporate Debt Restructuring Committee (CDRC) to mediate the negotiations.

The proposed restructuring schemes will include a potential financial investment of RM1.8 billion which would further the group’s goal in preserving the industry ecosystem.

Once the proposed scheme is in place, Sapura’s 22 subsidiaries will work towards the court-convened meetings which are expected to be held by the end of October.

In February, the CDRC had extended the standstill period under the CDRC regime for Sapura Energy and its subsidiaries to come to a landing with the MCF financiers for an agreeable debt restructuring solution, until Sept 9.

Meanwhile, Sapura Energy has validated about RM1.5 billion in claims from about 2,000 vendors through its proof of debt exercise involving trade creditors. The adjudication phase is almost complete, with only eight claims still being processed, the group said.

“Whilst we acknowledge the lengthy negotiation process due to the sheer complexity and size of the restructuring, we are quite confident that we are now approaching the last few milestones of this journey,” said Sapura Energy group chief executive officer Datuk Mohd Anuar Taib.

Stock

2023-06-10 12:08 | Report Abuse

Repost:
Posted by Sslee > Jun 10, 2023 12:03 PM | Report Abuse X

I cannot understand why so many i3commentators readily stoop sooooo lowwww into Tikus level and throwing insults at each other?

Stock

2023-06-10 12:03 | Report Abuse

I cannot understand why so many i3commentators readily stoop sooooo lowwww into Tikus level and throwing insults at each other?

Stock

2023-06-10 10:00 | Report Abuse

If only someone has sold his CapitalA and buy AAX six months ago what will be his gain?

Instead he hold tight tight to his CapitalA and can't come out with resoning why CapitalA is such a good investment?