Wait for the announcement by MY EG tomorrow noon

S5 win the NIIS

My EG got 20% share in S5.

muDDywater if im wrong then correct me n if u feel this counter is not worth for u dont buy.

SKIN awarded to S5

I had bought for the first round at 0.085 n make asolid profit n now for thw second round to make more thwn what i made in the First round

kseng_99 i cannot tell u more abt this n abt S5. Its up to u want to buy or not. I dont simply go in if i dont get the first hand info. Time to make money

Just buy n wait dor the announcement to be made
T0 0.50-0.70 for the first round

Kdeng_99 u need to know who is behind S5
How much share my eg hold in S5. How may share is hold by other party

Just be patient. Soon u will hear the announcement by connect county abiut the RTO by S5 n u need to know who is behind this S5. They were been awarded the contract which dsonic n prestriang didnt get

Then will shoot up to 0.60-0.70

Today the lawyer for both party will sign

connect can reach up to 0.30-0.35 n technicaly will drop back before rebounce to 0.60-0.70 n then teh RTO by S5 take plc

MyEG ada share dlm S5 n S5 akan RTO a company frpm ACE market

Projek dapat dekat S5

go go go.../.

0102 is moving slowly

monitor connect county

SKIN project awardad to different company not to Prestaring and the new company is going to RTO a listed ACE co soon

Better invest in connect county reather in netx. There will be some good news for this counter.

Do not regret if u miss the boat

Buy----Buy----Buy---going to fly

start moving

RTO going to take place soon

Im with the new chairman of this company yesterday...looking fwd for some good announcement very soon

SAAG Consolidated (M) Bhd (â??SAAG or â??the Company)
- Proposed Debt Restructuring by SAAG Group in respect of facilities from AmBank (M) Berhad (â??AmBankâ??), Export-Import Bank Malaysia Berhad (â??EXIM Bankâ??) and Collateral Loan Obligation Holders (â??CLO Holdersâ??) (collectively â??Loan Creditorsâ??) as at 31 December 2011 (â??Proposed Debt Restructuringâ??)


We refer to the announcements released on 13 February 2012 in relation to the Proposals and the Proposed Debt Restructuring.

In this connection we are pleased to advise that AmBank, vide its Offer letter (â??Offerâ??) dated 16 February 2012, has approved the Proposed Debt Restructuring subject to terms and conditions therein. The Board of Directors of SAAG have reviewed the said offer letter and agreeable to the terms and have today signed and accepted the terms provided by AmBank.

Subject to the terms of the Offer, the aggregate sum owing to AmBank as at 31 December 2011 (â??Cut-Off Dateâ??) shall be restructured as follows:

(i) Waiver of penalty interest as at the Cut-Off Date and accruing after the Cut-Off Date;
(ii) Revision in interest rates to AmBankâ??s 3 monthsâ?? C0F+1% or Exim Bankâ??s 3 monthsâ?? COF +2%, whichever is higher, with such interest rates continuing to Implementation Date;
(iii) Any remaining Fixed Deposits / Escrow Account monies shall henceforth be uplifted / withdrawn to reduce the outstanding balance;
(iv) Any costs, charges and expenses incurred after the Cut-Off Date shall be added to the amount outstanding and shall form part of the debt to be restructured;
(v) SAAG shall, on or before Implementation Date, effect or cause a payment of RM135.7 million to AmBank towards reducing the aggregate debt owing.

The balance loan outstanding, after taking into account (i) to (v) above, shall be restructured into a 7-year term loan to SAAG Consolidated (M) Bhd (â??Restructured Debtâ??). Detailed terms of the Offer and the Restructured Debt shall be included in a Debt Restructuring Agreement to be entered into between SAAG and AmBank before 30th April 2012.

SAAG shall also issue up to 1.15 billion warrants to AmBank which shall serve as an additional source of repayment of the Restructured Debt. These warrants shall be subject to a Call Option to be executed on terms mutually acceptable to both the option holder and AmBank.

The Proposed Debt Restructuring envisages the restructuring of debt owing to AmBank which is currently short term in nature. The effect of the restructuring would assist the Companyâ??s daily operations by significantly reduce interest cost, improve gearing ratios and liquidity of the group.

Therefore the only approval outstanding is that of the CLO holders (AllIance Bank Berhad).

This announcement is dated 22 February 2012.

yup that is what been told to me by the insider

Hi JT1969 im so confident that SAAG will go more than what we expectand imigine...All the debt finally will be settled than u will see the price is going to rocket....If u see the price is still not moving...so u shold know what is the sign....but its not going to heppen in very near....take sometimes too....TP above a dollar. Can collect and keep...

it will take some time.... but it will goes with flying colour...i can bet with u in that.... remember when the late tan Sri Yahya take over DRB what was the price...

yes you are right shahnd... new project will be inject soon

New team and new owner will be in....

Buy now before its too late.. Good news will be coming soon