Aiyak,
On 28th June 24 said financial close achieved, now on 12th July said is still in the process of finalising syndicated financing facilities....
Twisted statement here and there.....
Hello Mr Tham & Mr Chew (Executive) and other Board of Director (Non-Executive), you guys think playing black jack bluffing.... Stop misleading the public!!!

While it still worth something, compare to once the news break out again....
Anyways guys, good luck.
Btw, if you keen to subsribe to my channel and shared thoughts and information backed by facts and not rumour. Can PM me.

Tq

Not bearish anymore... straight up to bankruptcy...

My Bagua analysis seems 360 angle legal suit attack will reach Toyo, thats why need legal advice to prepare now. Ahahahaha, padan muka!
Lets see, who going to initiate legal suit first to toyo......

@jakeT, ahahaha. Il be ur first bro, and hopefully more to come.

Semoga semua sentiasa dirahmati, diberkati dan diredhai oleh yang maha esa.

Hai everyone,

For those that actually took my info and do research and save yourself from the termination bloodbath. Congrats and thank you. Hope that Almighty repay me with blessing cus my only intention is to help people.

For the other that want my to hear out my suggestion. Go and look for the conglomerate blue chip. They going to get bigger and better investment than this Power Plant coming in soon. Bcause they are being execute by non-convicted director.

@StockChaser waaah, using bagua. Very good, after this can also include crystal ball in ur analysis as well. Stop luring the public in this rubbish.

Hmmm, So Im still delusion or ridiculous??? @Hai Nguyen Thanh?

Please, told u guys 900+ company in Bursa alone, find other company to invest.

Im not asking for any monetary oh to actually sharing to u guys earlier about this termination, so lesson learn for all do homework. Fundamental is the foundation, look for red flag. Misconduct is a red flag!!!!

How come a person that convicted can be an Executive Director? He had been convicted for a fraud accounting case on his own firms. What make u think he will be honest handling a PLC???? Handling ur investment???

Huyooo, skyrocket to the ground oh.
Good first 30 minutes of trading. -20% already. AHAHAHAHHAHA

Btw, @Nobody998, @HaiNguYenThanh and @StockChaser. Confirm busy melting down. Ahahahaha

Okay lah, gonna buy some hot dog. This is interesting.

Btw public investors, please also consider this. This SH2 is out, their assets in Toyo balance sheet for SH2 is about 400m+. This asset wipe out, debt still there( the one that not converted). So u know what gonna happen lah.
Ahahaha

Wuhuuu, @Nobody998 Long time no see.

Happy news for everyone that doesn't believe me.

The Ministry of Industry and Trade announced the termination of BOT Contract for Song Hau 2 Thermal Power Project
-The Ministry of Industry and Trade has just issued Document 4579/BCT-DL dated July 1, 2024, notifying Song Hau 2 Power Company Limited of the termination of the BOT Contract of Song Hau 2 Thermal Power Project.

https://baodautu.vn/bo-cong-thuong-thong-bao-cham-dut-hop-dong-bot-du-an-nhiet-dien-song-hau-2-d219215.html

Later Skyrocket yea this counter.
HEHEHE, More to come. Make sure buy popcorn watch. Premium....

Haiyoo, u both @HaiNguyenThanh & @StockChaser really like me oh.
I thought already tell u guys my job here are done, just wait few more days. Don't bark that actually reflect ur brain IQ on simple logic fact. What I had share is based on facts not something that plug from the air. Its up to the public investor where they want to invest, got 900+ public listed in KLSE alone can invest somewhere else. They should know the sick fact of this scandal of the T. Monkey.
And announcement on extension of NTP again.... And u both happy using this to lure the public money.
Ok lah, this is the last one.
If u guys can answer this 2 question, then il believe on whatever u guys have for this SH2P. But before that, I'm gonna give u guys the topic to study for my question as I had notice that u guys don't have common sense and lack of IQ as well. Better to do homework before answer my question.
The Topic for homework;
1. What is FC?
2. What is Bursa Listing Requirement?

Question are;
1. For Toyo recent announcement achieve FC, where is the proof and source of funding?
2. Where is the announcement for accepted funding for the purpose of FC? The 980m USD is not enough :), u need another 2.6B USD.

Can answer this question with reasonable answer + facts, Il listen to u guys. If not just shut up okay. And stop try to lure the public in your sick counter so that u could cash out!

BTW, this big opportunity if its really true. Where are those big financial institution? They don't want to be part of it? KWSP, KWAP, PNB???
AHAHAHHA, because they knew Toyo=LAP SAP ANJING.

@NotComingForYou. Buy Popcorn, watch this horror episode by the monkeys.
The climax is soon.

@Hai Nguyen Thanh, hehehehe... "notified MOIT of FC....." And Toyo didnt declare and make announcement on the source of funding???, This is more than 5% of Toyo market cap, Breach of Listing requirement??? Ahahaha, I doubt theres any funding at all, just some monkey look for ways to stay afloat. Sabar, pandai2 tupai melompat akhirnya kena longkang juga.
Can issue NTP to SunCon??? AHAHAHA, confirm cannot lah, going to terminate anyhow.
And why today share price very sendu??? Ahahahahaha.
As i said, my job here are done. Just wait few more days yea bro. And i wish u guys goodluck.

Its okay, my knowledge and info is not within ur brain limit. Ur bird pop brain size can never digest it.
Do u know how market work? Do u even know the term goreng? Do u know recently YNH get caught for goreng?
My answer is simple, to stay afloat just to scam people off all he can.
NVM, wasting my time also trying to help u out. BTW where is FC? ahahahahaha. End of today there is no more time oh....

Er... bro. What is the purpose of letting u come to MOIT office and share to u the things that circulated by public and main-stream media. Of course I have other thing that once go out to the public, this company is sayonara.
By the way, today is FRIDAY 28/6. And I have good feeling that Vietnam PM already signed off. Wait for official announcement by Toyo on 4/7 about being terminate yea. Good Bye SH2. My job here are done.

@Hai Nguyễn Thanh, íts okay bro. Got time u come to MOIT office at Hanoi. Ok. We meet and il let u see what I have. Tell front desk u want to meet T.T.H. And here my ref number 2358.
PECC2 genius, later just go for legal suit once SH2 terminated. Extra money there. Wait waited until June because this company management is sick and like to drama to continue milk public money.
Why don't u come to my office at Hanoi, we meet up. If we lucky, we can see T. Mon Key.
If its not convenient for u, then wait on 1st July ok.

Approve the list of key projects of Vietnam's energy industry

- On April 2, 2024, Deputy Prime Minister Tran Hong Ha signed Decision 270/QD-TTg approving the list of important national and key programs, works and projects in the energy sector after the Implementation plan of Power Plan VIII was issued.

https://vietnamenergy.vn/approve-the-list-of-key-projects-of-vietnams-energy-industry-32406.html

In the list;
1. Quang Trach 1 Thermal Power Plant.
&
2. Long Phu 1 Thermal Power Plant.
Is both coal thermal power plant (ultra critical) that had signed PPA before SH2 did. Why they in the list and not SH2???
Guna OTAK and THINK, Bukan suddenly come out and say "Im from Vietnam, I know more'. Rubbish talk only without proof. Makan Tahi ke??? The brain size like bird pop.

@Hai Nguyễn Thanh, bro u ất anywhere in the world or even Vietnam doesn't make u knew the news more. I doubt u even understand Vietnam language. Same as 1MDB case, happen at Malaysia by Malaysian but first jurisdiction that have legal charge paper on 1MDB is US Justice Department. Don't talk that show how tiny ur brain is, before that green sport car and ur shared gf I put behind bar. OK.
So got Power Plant VII? Show proof lah. TIKTOK Time running up. HEHEHE.
My username is purposely to share the dire situation of this company to the public so that people like u guys can't scam public money.

Approve the list of key projects of Vietnam's energy industry

- On April 2, 2024, Deputy Prime Minister Tran Hong Ha signed Decision 270/QD-TTg approving the list of important national and key programs, works and projects in the energy sector after the Implementation plan of Power Plan VIII was issued.

https://vietnamenergy.vn/approve-the-list-of-key-projects-of-vietnams-energy-industry-32406.html

Oopss, where is SH2? Vietnam Gov confirming they going to terminate thats why the PM doesnt sign off SH2 in the list. 🤣🤣🤣

@Hai Nguyễn Thanh, hi new account with make up names.
Just curious, do u understand the meaning of financial close? and why it so significant? If u dont, please go and do homework first. Different rice like Nobody998 can raise diff type of people.
If its really that easy, Uncle Ng Lian that had been giving cash loan to Toyo for pre-development cost of the SH2 can finance toyo for the initial disbursement. He had been given 350m MYR cash, I dont think 120m USD could be a problem for him.
Reason why sign an agreement 10 days before, this Im sure just to mislead public.
Its ok, TIK TOK. Time running up, few more days left for the balance of 2.6B USD for FC.

So.... 4 more working days until officially terminated by Vietnam Gov MOIT.
And Nobody998 are biting his finger because he cant goreng to tipu public money anymore.
And the ESOS 10k unit, if this project really going to take off why only 10k paid ESOS subscribe? The senior management of TOYO also knew they cant achieve FC. And all this accumulated debt will make this company PN17 for sure on the upcoming Financial Report.
Hehehe, good luck for those that invested in this company although I had raise all the facts on this sick management. Your investment not mine. And Im happy bcause I knew I did help some to clear their mind on this investment. Take care all.
Oya ValueInvestor888, do some checking on the company that provide the equipment facilities. How a 1.4m SGD paid up company with sole director and without any track records can provide almost 1B USD financing??
This EXIM bank also very fishy same as TOYO dont want to give any comment to The Edge and other news portal.

Nobody998, congrats on the fishy 980m USD financing...
Now the 2.6B USD question to u, where is the rest for FC?
And ur comparing with JAKS?? AHAHAHAHAHAH
hehehe....TikTok Times running up Tham Mon Key.

Oya almost forgot just now, but its okay, this is the latest one on the reason why he is useless + incompetent apes.

Outcome of a Disciplinary Tribunal regarding allegations against Mr Kut Cheong Tham
A hearing in respect of a Formal Allegation against was heard before a Disciplinary Tribunal on 8 February 2024. The Disciplinary Tribunal made the following findings and Orders;

The Disciplinary Tribunal found the Formal Allegations proven and ordered be severely reprimanded and fined €6,800. Further that he pays €7,354 towards the costs of Chartered Accountants Ireland.

https://www.charteredaccountants.ie/Professional-Standards/Public-Information/Recent-decisions/Disciplinary-decisions/2024/lists/disciplinary-decisions-2024/outcome-of-a-disciplinary-tribunal-regarding-allegations-against-mr-kut-cheong-tham

Small change for him after the FREE ESOS. AHAHAHAHHA

@choop818, no worries. Sharing is caring. By helping out other investors, the universe god wills would return the favours back, thats what i believe.
Hah, Bahvest... This is interesting company, they had internal tussle recently and previous founder and MD are being suit now due to misconduct etc, and maybe fraud case...
To answer ur question, shares prices are determine by buyers & sellers + market depth. My view is its neither outperform or under perform. It just a gold mining business whereby, the gold reserve will run out and the company doesnt have new business to fully utilise their resources by expanding the business. There are none dividend paid out to its shareholders it could be due to the fact that the majority shareholders that currently running the company are earning big fat paycheque thus doesnt require to announce dividend. But more study need to be conduct in order for me to give more fair and justify opinion.

BTW, this company is SAMPAH.

Tham Kut Cheong (1790) as the sole proprietor of an audit firm, K.C. Tham & Co (‘Firm’) had been punished and imposed a fine of RM1000-00 and costs of RM4000-00 by the Disciplinary Committee of the Institute on 6/4/2022 for having failed to lodge the annual return of the Firm with the Institute for the year 2020 by 31/1/2020 as required under the Institute’s By-laws and that he had continuously failed to lodge the same untill 31/1/2021 despite repeated reminders from the Institute, untill the date a complaint was lodged against him.

This is the ED of Toyo Ventures, and he newly appointed son that seat on Board as remuneration, risk and other committee previously intern at his dad Audit firm. How can a public listed appoint this kind of people in their board????
Where is the corporate governance? The FREE ESOS, ALL THIS IS AN ALARMING SIGNAL that this company is a sick company. Counting days, and I'm looking forward to the 17 days to get financial close after deduct all the holidays. :)

So guys, please save your money from being milk and cheat by this useless + incompetent monkeys. Go invest somewhere else. Got 900+ listed company, If u want tip. Look for gold related business. They making good. Example Pajak Gadai or etc.....

To answer ur 2nd question, kinda feels like Im Jerome Powell. Ahahahaha
The effect be on their bottom line is that this company already accumulated a very huge debt. 4x their market cap based on their annual return 2023. And once the project terminated, It will recorded as losses and the assets in their balance sheets will be wiped out because no more project but liability is still there debt that have to be settle thus the company surely will end as PN17 or bankrupt. Because currently their annual net profit is roughly few million. How they going to pay 400+million debt???
How will the market response? In terms of macro speaking, Toyo is nothing, It is just 100m market cap company so it doesn't effect the economy or market as a whole. Unless if they are blue chip, IJM or Gamuda. Surely it will impact the market. These are just my 2cents, better to conduct ur own research and weight ur judgement.

Hi @choop818. Il get to ur question 1 by 1.
On ur first question, its a good question basically and based on my knowledge Yes, the banks & other financial institution will definitely take advantage of this by hiking the rate due to the ESG but it only for the industry that don't have substitute product for example coal mine and etc. But for this power plant, the answer is No Way that it could get financing. Because it could be substitute with other power plant such as Hydrogen, Combined Cycle Gas Etc..... Its a World Recognize Effort to Carbon Free Earth. No Financial Institution will finance it, they might be risk of being boycott or etc if they do finance this SH2.

WAAAAAAHHH!!!
Very Gan Jiong OHH!!!
Tinggal only 31 days for FC, Nobody998. Who will be right? And who will wrong?
Why The Edge contact both Toyo & Exim dont want to reply? Funny Ohh. Ahahahah
See SunCon very gentle replied to The Edge query.
Everyone just dump lah this counter, this counter confirm dive kaw kaw. That old man and his son is cashing out by miliking public money. Langsung tak ada standard seperti Gibbon Apes. Ahahaha, Muka pun sama.
Guys try google "least intelligent apes". AHAHAHAHA

Well, well & well.....
Thanks for sharing curiousq. This is a fact on how sick is the current mngmt of Toyo.
And for you NguYenYen, Its up to u to decide. Im just sharing the fact to help people, that is my intention from the begining. I did not request for monetary or any benefit for the information that i had share for other investor to make their call.
And Nobody998, where are u? Can goreng to 1.43? Only 5cents from the issuance price of ESOS of RM1.3874.
AHAHAHAHA, oya just found out that K.C Tham have erectile dysfunction. AHAHAHAHA, thats why need to change GF. KANTOI + MALU

Nobody998, true one type of rise raise hundred types of people. There's thief like 1MDB, there's fraud like the ED that do fraud accounting and put his son as a PLC BOD that enjoy free salary only, maybe outside cant find any job and make decent living. And there's also normal people that make decent living investing with extra money to earn that extra but being mislead by this type of incompetent + useless people. So on this statement I'm 101% agree with u.

NguYenYen, ur right bro. The math doesnt make sense at all. Thanks for sharing the link for the other investor to view and do their homework accordingly.
Nobody998, bro may i asked. Why need to wait until 30th June to announce FC if really can get FC?

Nobody998, thank you. Btw why assume Lim Guan Lee sold his shares?
To all investors, please go thru the facts that i had comment previous, check the facts do the homework. This company is counting days, unless uncle Ng Lian rescue. KLSE has more than 900+ public listed. Invest somewhere else. The people managing this Toyo is only thinking ways to cheat more public money.
I do believe after this project they going to announce something in laos/cambodia and try to cheat public money again.

I am optimistic and sure of the facts about the company,so im short.
You(Nobody998) are confirm an insider. That trying to trick the public money for your own.
Who will be right,who will be wrong. We will know within the next 44 days.
Happy investing!
Good luck to everyone.
PS: Warren Buffet only invest after satisfied on the company fundamental. Fundamental is the foundation, check the facts, do homework.

myuptownboy, waaah u got crystal ball ke bro? When will go up again? if got magic, do at other counter lah. This toyo is a LapSapp company due to this two that get FREE SHARES.
Nobody998, hi bro. Thank you for the awesome performance on the morning session. Please continue with the same broker. I can tell from the volume, and the strategy u guys playing. UMA otw ok.
By the way thank you for sharing the link for all to see, u can see that the others have to pay RM1.25. While only MD & ED get FREE SHARES IMMEDIATELY. The others proportionately over 5 year period even for the chairman. AHAHAHA, Cannot sabar to songlap is it?

Impressive closing price, today volume like a blue-chip conglomerate PLC. Thank you for burning money to goreng.
No one will believe this company, because everything that I shared here is a fact that the other investors will surely do their homework.
Oya guys, GO AND GOOGLE 'KC THAM AUDIT FIRM FINED'. How come can be a BOD in PLC? Bursa and SC should check him.

So my 2 cents, just dump this counter while it still worth something. Before end up PN17

Nobody998, could u please check the facts atleast? They have not exercised their ESOS?
Bursa announcement 15/3- 9m ESOS (Special Issue)
Bursa announcement 15/3- 4.5m to Mr Chew (Group MD)
Bursa announcement 15/3- 4.5m to Mr Tham (ED)
If got ESOS for the others why only issue 9m unit and only them get each 4.5m. The other BOD or management staff dont want? Okay maybe because the other BOD is Independent Director, hello your chairman not Independent. Why he doesnt get any?
You very funny bro, they way ur comment. Confirm u an insider and suddenly today the counter goreng to 0.9.
Continue goreng, the investors will surely do their homework and check the facts.

Nobody998, Received last year. Till today not signed. Tell me why a gov want to dispute a financial date? We Malaysian bringing a BIG INVESTMENT to their country. Thanks to Uncle Ng Lian.
Im sure this company cant get financial close, just dump the shares. Let it dive, later buy low. Within 2 month lost 33% value already.
And also see their AGM minutes, there a shareholder ask several question regarding Power Plant to the MD. His answer "refer to public announcement". From here can see, this MD is useless and at the same time doesnt respect the right as a owner of this PLC.

choop818, Yes true bro. Can see when 33 years old boy with diploma and intern at dad firms can seat on PLC board. Confirm useless, free salary only. Dad audit firm i already check get fined due to false accounting more than 3 times. I think already barred from being auditor anymore.
Nobody998, to answer u which carry more weight. Please digest this 3.2B USD power plant is not a 2 man show only. Why reward this 2 person and not the other? Never seen a well-managed PLC doing this. My guess, this 2 is the hantu milking the public money.

If the project is going to take off and going to get financing. Why this 2 directors resign and sell their shares? They could make tonne of money. No one going to sell their shares, if the power plant going to take off. Toyo previously hit high of RM2.00. Why sell at RM0.90?
So guys, use your brain and do homework.

Its a Coal fire power plant, due to ESG (Environment, Social, Governance). Give me 1 bank or financial institution that goinng to finance this power plant.
This power plant project since Year 2017 i started follow this company. Half-way Year 2022, Group MD resigned and sold his shares until his not a substantial shareholder too.
Lim Guan Lee, as u said not insider anymore because resigned recently. Selling his shares until ceased to be substantial shareholder.

Curiousq, hi bro. Yes i sell all. Why keep rubbish? ahahaha
Nobody998, I like your positive thinking attitude, but bro, seriously use your brain.

Nobody998, hi 😀.

Toyo Ink’s Vietnam Power Plant Project Brink Of Termination? News Report

Dear Investors, please refer link on the news;
1. https://www.businesstoday.com.my/2024/04/30/toyo-inks-vietnam-power-plant-project-brink-of-termination-news-report/
2. https://smartf.vn/article/tv2-nhiet-dien-song-hau-2-vi-pham-bo-cong-thuong-canh-bao-cham-dut-hop-dong/

If project terminate by July 24, I wonder what happen to all those debt accumulated by Toyo, RM355million burn?
Or a big scandal coming? Serba Toyo?

Regards,
I know......... 😁

Toyo Ink’s Vietnam Power Plant Project Brink Of Termination? News Report
Dear Investors, please refer link on the news;
1. https://www.businesstoday.com.my/2024/04/30/toyo-inks-vietnam-power-plant-project-brink-of-termination-news-report/
2. https://smartf.vn/article/tv2-nhiet-dien-song-hau-2-vi-pham-bo-cong-thuong-canh-bao-cham-dut-hop-dong/

Sunway Construction can still do Song Hau 2 Power Plant if Vietnam Gov terminate Toyo?

AHAHAHAHAHA😀

Toyo Ink’s Vietnam Power Plant Project Brink Of Termination? News Report

https://www.businesstoday.com.my/2024/04/30/toyo-inks-vietnam-power-plant-project-brink-of-termination-news-report/