*90% shareholders will dump all their shares back to DL
*Mandatory takeover is triggered when DL has held more than 30% of shares.
*Eventually, Bahvest is back to the hand of DL

*DL has gone leaving FL and gangs in charge ( FL and gangs only holding 10% in total )
* FL and gangs are to face with shareholders holding 90% in total
* If 90% shareholders are not happy with the new management , they will dump all the shares in the open market resulting in slump of the highest order....

*Now that DL is no longer the shareholder of Bahvest ( it is believed he will relinquish his directorship ) , the related party transaction is no longer in existence, DL can now whack Bahvest hard , fast and furious from now onwards.

*Basically, the honey moon is 90days, after that, the real battle will begin
*If the so called new management can not secure the factory properly , the company production will be put to a halt and back to square one.
*If you have bought any share now , you are happily holding it for 90 days after that ,it would be disastrous

Thats why I say it is premature to celebrate when the new Management is taking over. The new management is faced with the uphill task to turnaround without the " Gold digger DL" who is more hands-on in gold mining

What FL has inherited are subleased land with remaining lease of 17 years and the factory still located on the trespassed land
* monthly rental of 300k for factory still continues to be charged by DL
* Monthly rental of 60k for sublease continues to be charged for the remaining 17 years.
* The blasting has just begun....

* FL & gangs holding 10% in total have taken over Bahvest
* 90% of the rest of shareholders are watching to see if FL & gangs can deliver or not
* If FL & gangs cant deliver , share price slump again

*

Yer,no need.

The 2nd lawsuit is expected to be withdrawn by FL and gangs

What forensic accountant?

The accounts of bahvest have been duly audited and reported in good order year in year out.

Any issue of negligence, u sue the auditors

* Rental for factory not agreed and paid by FL and gangs to DL after takeover,then judgment debt will be sought by DL

* still not paid,judgment debt will be enforced to put bahvest into further trouble.

* yer,DL and his son and Amir are no longer shareholders of Bahvest with immediate effect

*It is expected that 3 of them would relinquish their directorship.

*FL and gangs are expected to take over bahvest.

* What FL has inherited are subleased land with remaining lease of 17 years and the factory still located on the trespassed land

* monthly rental of 300k for factory still continues to be charged by DL

* Monthly rental of 60k for sublease continues to be charged for the remaining 17 years.

* The blasting has just begun....

* Without doubt , the physique of Puiyi is so gorgeous that she uses it as a money making machine
* I really admired her courage to use it to fund her study singlehandedly without financial assistance from her parents
* I am pretty sure that she likes Gold but I am not too sure if she is a " Gold Digger " or not

* Puiyi quits only fans to avoid intimate privacy
* DL of Bahvest has claimed that tons and tons of gold deposit beneath the soil ground have yet to be unearthed
* Do you really believe DL ?
*Some of you are so gullible that you believe him ? what a plonker !

* If southsea 's claim is false, why wonldnt Bahvest enter into defence ? Why not challenged it ? Why would Bahvest agree to pay the compensations in two instalments within 90 days?
* No defence by Bahvest, no Court proceeding

BOD of bahvest consisting of DL and his friends.
so what ? it is still a collective decision,not DL alone whether you like it or not

* Bahvest's total share capital is 1.2 b
* At 0.10 per share , the total value of Bahvest is RM 132 m
* FL can certainly buy the whole Bahvest with his 124 m as claimed by you
* The question is , would he pay for the monthly rental for factory of RM 300k ?
* 2nd question is , would he be able to renew the sublease of gold mine ( land ) after expiry of the sublease bearing in mind the remaining sublease left is 17 years ?

* No conflict of interest here
* It is a related party transaction
* Bahvest is not controlled by DL ( 12%)
* Southsea is controlled by DL ( 75 %)
* Go and check the legal definition of control in PLC
* Rental receipt 300k is set by DL alone
* Rental charge 300k is collectively approved by BOD of Bahvest, not DL alone

* RM 300k per month, offered by DL
* Take it or leave it , DL says to Gang 5
* Gang 5 dont agree,then pack and go
* After 90 days, another battle is expected
* Thats why I say, the share price is doomed

* Without doubt, Kretam is rich enough to buy the whole Bahvest
* No point for kretam, the land is sublease with remaining lease of 17 years to go
* Buy it and plant oil palm tree ?
* The economic life of oil palm is 25-30 years vs the remaining lease of 17 years
* As a businessman, would you go for it ? you tell me

* If Gang 5 dont agree to the factory rental,then dismantle and scrap the factory for good

* If there is no market rate,then it is based on reasonableness
* As long as the rental charge is proven to be reasonable , it is not subject to be challenged
* Go and check how big the factory together with the ancillary structures on the encroached land is before you bombard here
* one Acre of land is 43560 sq feet
* The factory together with the he ancillary structures can easily exceed more than 10 acres

* Southsea has charged factory rental of RM 300,000 per month based on the open market rate.
* Plucking the amount from the sky is out of the question
* Bahvest has agreed to pay the due rental on the trespassed land , which is an acknowledgement of their wrongdoing. No question about that.
* Letter from the Gang 5 is of no effect.

* Appointment of DL as CEO is duly approved by the BOD of Bahvest
* BOD is accountable collectively , no DL alone
* Southsea is a separate entity owned by DL which is a separate issue
* Sublease is created between Bahvest and southsea under sublease agreement ,
* It is a related party transaction. It is believed that the auditors have duly checked this and reported in their report accordingly.
* Related party transaction is allowed as long as it is transacted at arm's length. No issue here

* why addressing the issue?
* Bahvest has agreed to pay the compensation in two installments which is a demonstration of their wrongdoing
* Again, you are ignorant of the fact
* The Auditors will report this compensation as loss to the company as a matter of fact

*Upcoming QR is expected to show huge loss taking into account of the compensation payout of RM 21m .
*Taking away of the the normal trading loss ( It is expected to be significant ) , the loss for sure by now is RM 21m
* Embedded with the legal lawsuits against bahvest by its own company officers and shareholders, the share price is destined to be doomed
* The surge in this morning is short lived and unstainable

If you trust what the AI says , then you report to the SC for insider trading then.
You need to prove beyond reasonable doubts that they were involved insider trading as it is clear stated below
It is important to note that determining liability for insider trading requires a thorough examination of the specific facts and circumstances of the case. Legal authorities, such as the Malaysian Securities Commission, courts, or regulatory bodies, would need to investigate and evaluate the evidence to determine whether insider trading has occurred and if the directors should be held liable.

No positive news but all negative news surrounding the company ,thats the fact. I am afraid.
When the tiger appearing right in front of you, I cant pretend it by saying it is a " Pusxy cat" ,not a tiger. Got it ?

The share price is expected to reach penny stock by today if not 2moro.

joyvest

*One legal case has yet to be settled in order.

*Another legal case is served upon the company bahvest through FL & gangs.

*It is reported that Shareholders are seeking to replace three directors sue Bahvest for record of depository.

*One of the shareholders initiating the above 2nd legal case is FL.

*Bahvest is embedded with all these legal cases,how can the share price rebound?

*It is reckoned that the action of FL and gangs further aggravates the plight of bahvest

* FL and gang are said to be sabotaging in retaliation at the expense of investors

DL is set to get 21m in total within 90 days.

This compensation can partially compensate his loss in the value of his shareholding.

No big deal to him

Bahvest has agreed to pay the compensation in 2 instalments within 90days is already a demonstration of their wrongdoing..

Le the lawyer Fight out for what?

More lawyers fees go to the drain ,constraining the cash flows of the co further.

The date of the LOD is the effective date,not the date of the receipt of LOD and certainly not the date of the announcement.

Pl check your facts right before you bombard in this forum

*What new mgt?

*DL ,his son and Amir are still directors in the incumbent BOD.

* no chance.

* what has changed is the extension of 30 days to 90 days

* Bahvest can continue to dig

* after 90 days,back to square 1

* bahvest trepassed the land illegally, bahvest pays compensation in 2 instalments to the landlord. Whether landlord is related to bahvest is irrelevant. Bahvest is not 100% owned by DL

*DL 's son and Amir offloaded their shares after letter of demand was served upon Bahvest.your mention of insider trading is not tenable.

* Raising fund through PP during the depressed share price is unwise.the company need to issue more shares at low share price which means more shares need to be issued leading to more dilution.

Bahvest suing DL for what?

Breach of fiduciary duties ?

How about other members in the BOD?

Unworkable

BOD collectively is accountable .not DL alone.

If there is Penalty as claimed , it will be borne by the company.

The cash flow of the company is already constrained.

The compensation and the so called penalty will make the company even more cash stricken.

Whoever takes over is a uphill task.

Who is the culprit to put the bahvest into this mess/trouble now?

Is it DL or FL?

Who provokes who?.
Who provoked DL with removal of him from BOD? U tell me

What court?

The company has publicly admitted of its guilt and didn't even enter into defence.

no defence,no court proceeding.

*The current BOD of the company is accountable for their guilt on trespassing.

*Go and Ask the auditors who audited their accounts much earlier on.The auditors are very much concerned with full disclosure.

joyvest

*The onus is not on DL to get the court order.
*It rests with the company to get the injunction order to prevent DL from removing the factory by force.
* understand?

*DL is adamant to shut the factory down.
*DL doesnt bother if he benefits or not.

What conflict of interest? No such a thing. Its a related party transaction basically

Why don't you understand?

*You look but you don't see
*You hear but you don't listen
* something's wrong with you?

2 demands

Hollow, 2 demands
1)compensation + 2) immediate removal of factory

You pay 1 or 2 ,it is not acceptable. It must be 2

*If the factory is located on trespassing land, they should vacate the land immediately and seek legal assistance in finding a proper location for their operations.

*Alternatively, they could negotiate with the landowner for a lease or purchase of the land at the discretion of DL.If DL says no ,then its kiss and say goodbye

*Continuing operations on the land could result in legal consequences.

Basically,it is akin to closing shop

* Did the company enter into defence of trespassing?
* No.Right?
* The company has publicly announced they are in breach.of trespassing.
* Due to their admission of breach,the company must remove the factory as demanded by DL.
* Are you ignorant of the law on trespassing
* The landlord has his right to protect his property from trespassers.He can shoot you down if you trespass on his land

* FL and gang are believed to be able to pay the compensation of 21M
* To FL , 21M is nothing to him

FL & gangs do not need the so called experts in gold mining who are always fantasizing tons and tons of gold underneath the ground awaiting to be unearthed

* FL and gang are believed to be able to pay the compensation of 21M
* FL and gang scrap the factory to fetch some money
* After that , change the object clause to plant oil palm for the remaining lease term of 17 years
* In the end, still able to make money in addition to recoup their initial investment