bosskufanboy No, what if I tell u RI oversubscribe?
SURE OR NOT ? I loss OR not to take up heavily. Hope he pushed back to 0.30 and so long i gain back my cost sooner, i already thank to Fatty Liew. Let you all make millions out, i just hope to get my cost back and forget this counter.
No luck, no fate, no confidence..only remember to FFFFF Fatty Liew most of the times.
Today Net Buy of foreign funds are RM279.1 millions, a hugh amount of fund pump in that you have not seen for months. Hope tomorrow heavy funds come in to buy Finance, Oil and Steel stocks. God blessed all
my OR no one want, now all gone. Only the Cash rich fools will subscribe for RI now. Fatty Liew will take all as his game is a different one. He is owners. He knows what he plays. All shareholders loss faith and confidence. F Him
Do your simple calculation: conso 15 into 1, now its 2 5 cent × 15 = 37 5 cents (on announcement it was 4.5 cents × 15 = 67.5 cents) , just the announcement, it drops 2 cents or 44 44%. Same game like ARBB, the rights be 25 cents as indicative, ie to be at 25 cents That means it will drop further to 25 cents or 1.5 cent before conso soon. Like Arbb, on announcement on RI, it was 28 cents, and indicative right price is 12 cents. Today its 12.5 cents. Owners may have throw heavily out from 6 cents to 2 cents and collect back all at 1.5 cents.. They make few hundred % before you all fool here and dont know what to do.. This is CCB FATTY LIEW ..
See ARBB..exactly the same.. Similar to XOX group pattern...playing reverse ways to cheat shareholders and play funds from fool investors to buy listed companies.. SC and Bursa must be blinded by their actions
On behalf of the Board, Mercury Securities is pleased to announce that Bursa Securities had, vide its letter dated 6 December 2021, approved the listing and quotation of up to 1,075,350,500 Rights Shares to be issued pursuant to Proposed Rights Issue.
multinational corporations across the globe. It has advanced manufacturing facilities in Malaysia, Indonesia and China. Backed by a team of highly skilled and innovative R&D personnel, VS also serves as an Original Design Manufacturer (ODM) in addition to being Original Equipment Manufacturer (OEM). Its comprehensive services include 3 4 high-precision printed circuit board assembly, plastic injection moulding, suband full- assembly as well as tool design and fabrication. Released on behalf of V.S. Industry Berhad by Capital Front Investor Relations
PRESS STATEMENT / SIARAN AKHBAR (FOR IMMEDIATE RELEASE) JOINT STATEMENT BY VS AND MIGRANT WORKER RIGHTS SPECIALIST, ANDY HALL, WITH REGARDS TO WORKERS’ WELFARE • Andy Hall stresses that further independent third party audits and credible investigations are needed into the situation of migrant workers in Malaysian industries. • He currently has no intention to launch public campaigns against any specific companies that are open to constructive dialogue on migrant worker rights. • Both VS and Andy Hall are in discussion on areas of fruitful cooperation into the future to enhance the welfare of migrant workers at the company. Johor Bahru, 6 December 2021 – Leading Electronics Manufacturing Services (“EMS”) provider in Malaysia, V.S. Industry Berhad (“VS” or the “Group”) (“威鋮 集团”) has proactively reached out to Migrant Worker Rights Specialist, Mr. Andy Hall, following references made to VS by Mr. Hall during a recent investor briefing on the topic of migrant workers’ welfare in Malaysia. Following a discussion between both parties, Migrant Worker Rights Specialist, Andy Hall commented, “I continue to mention in my capacity as an independent guest speaker at conferences and investor briefings that there is a need to conduct further due diligence with regards to the situation of migrant workers at suppliers of many MNC brands in Malaysia. My areas of concern include the legality of the use of outsourced migrant workers through third party agents, the risks inherent in the government’s recalibration scheme as well as working hours, living wage and social dialogue issues, amongst others. However, my recent comments were not meant as a direct reference to indicate irremediable migrant worker issues at VS.” “At this juncture, I have no intention to launch further public campaigns against any specific companies that are open to constructive dialogue on migrant worker rights, given the inherent risks of publicity to the well-being of all concerned, especially the workers and their families. It is also important to ensure migrant workers’ livelihoods are sustained, while not compromising their welfare. It would not be an ideal situation if in the end, any workers, whether Malaysian or migrant, lose their jobs due to exploitation of situations that could and should be remedied.” “Nevertheless, I do believe my concerns are valid and should be treated seriously by companies, the government and investors in Malaysia and globally. Hence, I urge both suppliers, buyers and brands to urgently remediate serious social non-compliance issues and ensure a much needed strengthening in the overall sectoral and corporate approach to engaging and improving social compliance, as the ‘S’ is often left behind in the ESG concerns for the industry.” “In this regard, I am happy that the management of VS share my concerns and we are already in discussion on the subject of migrant workers’ welfare following the company’s effort to proactively reach out to me so I could share my concerns with them. I have offered my immediate suggestions for VS’s management to consider. I look forward to further exchange of communication with VS leadership that can surely bring win-win outcomes to both migrant workers and VS,” Mr. Hall added. Managing Director of VS, Datuk S.Y. Gan (拿督颜森炎) said, “At VS, we place high priority on ESG matters, and are committed to maintaining our high 2 standards of corporate governance. On the subject of migrant workers, we are serious in our efforts to safeguard the legitimate rights and interests of all employees, including migrant workers. Obviously, managing a large pool of migrant workers indeed comes with challenges. As such, we have experienced and trained personnel in-charge of the management of migrant workers.” “We are in compliance with all government regulations with regards to our migrant workers. We have also passed the latest audit checks by the Responsible Business Alliance or RBA, as well as by our key customers with no material issues highlighted. Notwithstanding this, we acknowledge and appreciate the concerns brought up by Andy Hall, and we understand where he is coming from. In response, as a transparent and responsible corporate citizen, VS wishes to once again stress we are open to working with external parties including civil society who can add value and further strengthen our ESG initiatives, including as regards enhancing the welfare of migrant workers.” “With our operating history of over 40 years, VS has established a strong reputation with our MNC clients. As such, it is certainly in our best interest to ensure all our practices are above board to uphold our reputation with our clients and build long term relationships with them.” Datuk Gan concluded. About VS VS is one of the top 5 Electronics Manufacturing Services (EMS) corporations in ASEAN, as well as one of the top 50 EMS in the world, providing vertically integrated manufacturing solutions to
Who caused forced labour to ATA ? Its known fact to Dyson as they pump and pump orders and forced ATA to produce to deliver, despite the fact that ATA has revealed facts that they are in short of labour due to MCO, yet Dyson never bother to press super heavy to ATA management.
You know, as ATA Singaporean boss and Indian man, they just care their pockets, they of course happy to see these happy problems of significant increase in orders. so, poor workers work no day no night, but i believe they are PAID WELL too. They are more than happy to earn more than 5K per month on OTs. They know it could be just these few months only as after MCO , new migrant workers will be coming in.
Forced Labour Issue ?? I think those 3rd world countries may be yes, not Malaysia.
Hall stood by his claim that “ATA IMS is by far one of the worst companies with regard to the systemic forced labour issues that have been detected in this (EMS) industry.”
“The situation at ATA is indeed far more critical for example than the situation at some other plastics and mounding manufacturers in Johor Bahru that also have their own migrant labour social compliance challenges,” he pointed out in a statement in response to questions by The Edge regarding his participation in the Credit Suisse event.
Confirmed death of ATA on Forced Labour.
VS are in good talk to Andy Hall with the hope that he drops VS in all Forced Labour topics. Therefore today VS is green green up 12 cents. Andy is in Johor Bahru, happy with VS bosses now.
How about SKP ? They sure rush to see Andy too, as ATA, SKP & VS are brothers in Dyson business. But Andy has yet to meet up with SKP, whether will they meet? unknown yet, so SKP falls 13 cents .
Look at ATA and SKP prices, when Andy in Johor Bahru, you know who is winner and who is loser. I am very sure, I am. FFFF, i still got lots of ATA shares after i cut position twice.