Followers
0
Following
0
Blog Posts
0
Threads
1,665
Blogs
Threads
Portfolio
Follower
Following
2023-05-18 08:35 | Report Abuse
Datuk among six remanded over cheating Sabah govt of gold royalty
kOTA KINABALU: Six people including a Datuk have been arrested for allegedly cheating the Sabah government of RM1.25mil worth of royalty from their gold mining operations.
It is believed the individuals from two mining companies did not declare about 100kg of gold, worth some RM25mil, mined from Bukit Mantri in the east coast Tawau district.
The suspects, five men and a woman aged 42 to 67, were detained by officers from the Malaysian Anti-Corruption Commission (MACC) in Tawau around midnight Tuesday (May 16) for investigations under Section 420 of the Penal Code for cheating.
At 11am on Wednesday (May 17), they were brought separately by MACC officers to the Tawau court where prosecuting officer Asmawi Kulup Lam applied for a remand order.
Magistrate Leona Dominic Mojiliu subsequently ordered all six suspects to be remanded for three days until Friday (May 19).
It is understood that the suspects, including the chief executive officer and director of a company, had allegedly tried to deceive the Sabah government by providing statements on the sale of the gold with false details.
They had apparently avoided paying royalties to the state government from the mining operations at Bukit Mantri.
It was learned that the 100kg of gold was part of the find from mining operations in the area from 2020 to last year.
It was believed that two companies allegedly conspired to commit the crime.
2023-05-11 16:43 | Report Abuse
remember they are also shark that plays around. Down you , play you out , then suddenly goes up .As long as fundamental is strong. I doubt Bahvest will go down and thoughts of PN17 is nonsense
2023-05-11 16:39 | Report Abuse
i do not think FL team came in strongly for nothing. They have prepared things , if not you have seen the shares flop as much as you want it to go up. Good luck
2023-05-11 16:29 | Report Abuse
closed 14 ????????????????????????????
2023-05-11 16:13 | Report Abuse
Joyvest do a bit of touch on what directorship and shareholding is all about
2023-05-11 16:04 | Report Abuse
volume a lot..............but no price action . Warrant worst .
2023-05-10 12:50 | Report Abuse
Where got PN17, this is not an ailing company. Just that gimmick to cheat your money. Doing subtly cheating people.
2023-05-10 12:18 | Report Abuse
you cannot compare this with sapura or serba dinamik. You can equal this with BIG CHEATERS AND ROBBERS AND SUCCESSFULLY MADE SECURITY COMMISSION DO NOT KNOW WHAT TO DO ... KAH KAH KAH
2023-05-10 11:48 | Report Abuse
all this cheaters and gangsters and sharks ............................... they should not deserve anything
2023-05-10 07:58 | Report Abuse
Again , strategy not good by trying to remove in EGM. It should be by way of Court. This team knows they are just playing a fool. And they make a fool to all investors and me. What to do , dirty company.
2023-05-09 13:28 | Report Abuse
to whack the price down, scares people and then pick up a long the way, and press as low as they can and then build their wealth.
2023-05-09 13:28 | Report Abuse
No necessity to react in this manner. I would say this is just a planned action by both side
2023-05-09 13:27 | Report Abuse
why some people equate bahvest with Serba Dinamik ? This tussle requires them to put an application to the court. I do not think EGM can resolve this.
2023-05-08 16:22 | Report Abuse
0.185 again , going up again
2023-05-08 16:15 | Report Abuse
unload unload unload unload unload unload
2023-05-08 16:10 | Report Abuse
the game is to down it today, up tommorrow, you know all the sharks, including the bankers
2023-05-05 15:39 | Report Abuse
PN17?????? Cannot be la. Is going up , but I no more money , sigh....................
2023-05-05 10:06 | Report Abuse
are we seeing the shark(s) i.e. Bankers loading in?
2023-05-05 08:48 | Report Abuse
Vincentbravo
Did U see the latest world gold and silver price? Super high... Once all those who are scared finish selling, suddenly the bahvest problem will magically settle and the same old trick will happen again :) Haha!!
55 minutes ago (VincentBro, you may be right , I hope so
2023-05-03 17:46 | Report Abuse
Hope this Friday the issue resolved and back to normal ........................................ positively saying.
2023-05-03 17:12 | Report Abuse
WAIT FOR TOMMORROW ........... THIS PEOPLE DO NOT CARE ABOUT PEOPLE, JUST WALLOP PEOPLE'S MONEY
2023-05-03 17:11 | Report Abuse
BHARO RESOURCES (BAHVEST, 0098, GEM) announced on Wednesday that several shareholders sent a letter requesting an extraordinary general meeting to remove the current managing director Datuk Law Wai Meng, directors Datuk Seri Mohd Kamal and Rod Young, and proposed the appointment of three new representatives.
The stock has since risen in price. Borneo Resources ended last week's trading last week at 40 sen on Friday, while the company's single Borneo Resources WA closed at 7.5 sen.
Borneo Resources' main business is mining and mining gold, silver and other metals in the 317.7 hectares of mining area in Tawau, Sabah. In the first three quarters of the 2023 financial year ending at the end of December 2022, Borneo Resources' turnover increased by 11% year-on-year to RM108.34 million.
However, the company only achieved a net profit of RM600,000 in the first three quarters, down 84% year-on-year. The net loss for the third quarter reached RM5.11 million.
Borneo Resources said in the results report that the third quarter was affected by the rainy season and production and higher costs resulting in losses. However, the company will continue to improve and strengthen gold production to boost performance.
Borneo Resources WA is still more than 1 year away from expiring, and its premium is not low at 26%. From a theoretical point of view, the ticket is not expensive because the historical volatility of the parent stock (49.9%) and the extended volatility of the ticket (47.6%) are not far apart.
2023-05-03 15:56 | Report Abuse
steady at 0.23 sen. Can buy one haaa?
2023-05-03 15:53 | Report Abuse
kah kah kah , the shark is very angry now.
2023-04-10 17:03 | Report Abuse
pang72
ooihk899
Pang, looks like when you appear in any forum, the price sure went up. Hahaha.
6 hours ago
I CONSIDERED LUCKY! ---------------------------------------------------------------------------------------------------------------------------------- Pang since you considered Lucky, I will follow u.
2023-04-07 09:52 | Report Abuse
BUT THE FACT If u WANT TO BELIEVE can try q sell see got ppl buy not.sure gone! Follow buy and keep b4 UR TOO late. Mestron LookS like YEARS AGO A SHARE , fly never stop
2023-04-07 09:48 | Report Abuse
sure mestron is so stale one ....sure go more 40 sen , maybe next year ????
2023-04-07 09:46 | Report Abuse
pushing very strong
after 3 days back people said going back to 20 sen, sigh.............
2023-04-04 17:27 | Report Abuse
that if they give me buy at 0.035. You see small fish, they played like pingpong
2023-04-04 17:26 | Report Abuse
what we can do now is queue at 0.035 and sell at 0.04 everyday
2023-04-03 17:02 | Report Abuse
the volume is too strong to deny increment
2023-04-03 12:17 | Report Abuse
technically NOT LOOKING GOOD as 20 Days Moving Average SLOPING DOWNWARD AND PRICE ACTION BELOW MOVING AVERAGE LINE. RSI IS OVERSOLD . Current events would not last , 0.40 maintained at resistance .
2023-04-03 12:12 | Report Abuse
i hope the warrant goes up fast
2023-04-03 12:12 | Report Abuse
very very smelly this Mestron. Crazy volume
Stock: [BAHVEST]: BAHVEST RESOURCES BERHAD
2023-05-18 08:41 | Report Abuse
I like to believe Moonslayer
moonslayer274
JuliusCeasar
Aiyooo!! Tomorrow look like another drop and below 10C again.
Dont despair my friend. Within the price dynamics for tomorrow, there might be a temporary fear instilled moments when the market maker test the sentiment from the news coverage to make those faint-hearted release their holdings to him. Based on the previous trading prices, the 12 sen level was being protected like crazy. .............................