MoneyHeist is dreaming and hope people to buy and he prepares to sell for profit then waiting price drop back to buy again

It is a secure term loan. The Board of directors already indicated the outstanding loan will be fully settled with RHB. Don't simply misled and distribute false rumors

The largest sand project from China of $28b is not a letter of intent but it is an awarded contract according to the announcement to be approved through AGM that awarded wording is confirmed by the underwriter. So market shouldn't think it is a MOU project. It should a real project. Super Good news. I only wonder who can afford to buy such a huge sands and after all the sands will be thrown to the sea.

As Peter said his counter was to keep for investment purpose during the past AGM. There is no special attractive project so far to attract price to go up under his management. If anyone want to have quick gain on the share price, it is better to find other counter.

Teh really love DPS and he doesn't mind to lost all until delisted. Very fishy with agenda to ask retailers sell then he try to collect back. His word is on the contrary opinion

As the boss said this counter is for investment only during AGM, so far they don't have special attractive project to attract price to go up. If u don't want to keep for investment, u can sell it off to invest into other counters

Loan payment only $21+m only and the figure is shown under balance sheet. Nothing to hide but Bursa put a misled announcement as a default in payment status. A wrong sentence to apply and very unethical professional regulator to abuse power to do such misled announcement

The Board of Directors of Ageson wishes to inform that the Company had on 25 September 2020, submitted a loan repayment proposal to RHB’s solicitors. The Company is confident that RHB would accept the loan repayment schedule as full and final settlement.

The Ageson’s solicitors has drafted the defence against the claim made by RHB. The next case management has been fixed on 23 October 2020.

Full settlement from internal fund. Good to know the action

Diven collected a lot today

DPS boss make a lot of wealth but under his personal account

I believe someone already sold at higher price and now keep say bad thing about this counter to let DPS drop and then collect back with huge margin profit of 50% & above

OTHERS | https://www.klsescreener.com/v2/announcements/view/3225339

Clarify the doubt to the public through Bursa announcement, very good to see the responsibility of the new management

Peter left so little warrant shares from 53m dropped to 29m. Conversation price $0.10 and sold below NTA value???

Changes in Director's Interest (Section 219 of CA 2016) - DATO' SERI DR SOW CHIN CHUAN | https://www.klsescreener.com/v2/announcements/view/3224889

If we base on part 4 episode, the company future is very bright, especially sell sand to China

https://aisahbintimohdliew.blogspot.com/2020/09/part-3-bisnes-pasir-yang-mencurigakan.html

I already clarify part 1to part 3, now this episode part 4 as author can't tolerate suddenly new owner has so many contracts to inject into Ageson. It is compulsory practice for listed company to put announcement whatever form to avoid price swing under insider trading rule. Investors will base on all this potential announcement to decide investment risk

Why not drop? Waiting to buy

If u take over a company from old owner but old owner didn't tell u clearly potential default loan but bank later detected it. what should u do?

Agree with onionchong. banks won't force borrowers to vomit the full term loan amount in one go. Instead the bank will work out a new payment term with the borrower to stretch the repayment for multiple years until it is fully settled.
The reason for the bank to take action and want to terminate old loan may due to the fissy term after realized old owners dishonesty. It is good sign for new management to move forward.

goodiewilly said Luckily 95% of Ageson sold last week at 16-17 cents..the 5% no eye see.
Hope to gain from others..
RIP
So goodiewilly is waiting to buy cheap

goodiewilly：Luckily 95% sold last week at 16-17 cents..the 5% no eye see.
Hope to gain from others..
RIP

For your information, this counter is for investment gain and not contra gain if u invested into this counter as new owner just took over the company with no track record yet

Liability of 20m/902m share outstanding
=$0.022 per share of liability provision

It is good to clear all the ex mgmt shit first, facility agreement signed on 2015, all projects running well but no dividend payout, dont know where the money have gone. New management should make report and investigate the ex-boss. No wonder so many negative post to attack new management. Hope someone can clear all the doubt

The Board of Directors of Ageson wishes to announce that on 3 September 2020, the Company wasserved with a sealed Writ and Statement of Claim both dated 28 August 2020 as the second defendant ,(“2nd Defendant”) and to Ageson Development Sdn Bhd (“ADSB”), the wholly-owned subsidiary of the Company(???), as the first defendant (“1st Defendant”), by RHB Bank Berhad (“Plaintiff”) through its solicitors, Messrs. Shook Lin & Bok. ADSB is not a major subsidiary or principal subsidiary of the Company(???).

This announcement is confusing whether ADSB is a subsidiary or not. This was happen in 2015. So it belongs under current Ageson management company or under ex management company

From the announcement, the board of directors mentioned that the business, financial and operational impact of the default in payment does not expect any financial and operational impact arising from the Writ and Statement of Claim, save for the legal fees disbursements and any other incidental costs.

The estimated potential liability is up to the amount claimed by the Plaintiff (RHB bank) of the sum of RM20,796,387.78 with the interest thereon until the date of full settlement, legal costs and such other relief as the Court deems fit, as set out in item 2 of this announcement. All these liabilities are created by the former boss. Now RHB bank takes action against ex-boss abused fund and 7145 acts as guarantor. It is term loan facilities.

property and construction will be trending by end of this year, until next year,
most of property counter still undervalue,
better park some capital in there,
as sector property give higher dividend,
covid in malaysia undercontrol now, as economy recover slowly,
new normal, mask, high hygiene practice,

Next, after healthcare,
5G, property and construction, and tech.
Go find it, diversify your counter. Invest.

trade if you have time,
if not, find other way to earn more capital to invest.

Well, invest opportunity will always there.
Start now, start later, also can.
Bring others, share knowledge and experience.

I guess the old management may want to utilize new management after took over to cook the same tactic but not sucessful. So someone may use old issues or technical issues to attack new management. Hope my view is true as Lai54 explained

As I said earlier, 7145 doesn't need sand AP to sell sands as they will buy sands from AP holders as a broker to deliver to buyers.

I recalled the Board of Directors did make announcement the sand revenue will contribute around third quarter of this year. We will see how much from the coming quarterly resultd

Now my main concern 28b deal is under MOU status or real?

More than 400m PA converted into mother shares with plenty of $50m cash received that can settle outstanding borrowing, perhaps interest income earned or no more finance cost appeared during last quarterly period

Most likely the new management removed Prinsiptek (M) Sdn Bhd as a subsidiary to avoid future account liabilities and asked for liquidation. So u may see retained earning or other balance sheet figure move here and there

A new company changed new auditor to avoid news leaking out is normal practice

If you read Prinsiptek (M) Sdn Bhd, not Ageson(Prinsiptek) Bhd, account and the shareholders profile, account is very fussy and it is not surprised to process under liquidation with giving up the contraction license they have under Bumi privileged status as they may don't necessarily need to have under new government.

He did dispose as shown on shareholding outstanding reducing

Or someone want to takeover his company as a cash cow with insignificant liabilities

Peter disposed his warrant B as announced on Bursa, it means he has no confidence about his company. Will mother shares go up further?

Should expect a good quarterly result to be announced before the end of this month

Ok

Cash per share is $0.045, it is a solid cash company

CCCC is on the way

Received message from Peter, he definitely will not goreng his counter. He is waiting someone goreng and unloading. So swap your shares to other potential counter

7145 is waiting AP to be released by the authority soon

August 20 will decide the company future under court decision. If company win the so called fraud case, then we will see this company coming back

If I am HS, I also refuse to play submitted game with Bursa. On this case, Bursa has not acted an independent role to balance public shareholders interest. The only outstandind court case is under fraud case status and furthermore the company did appeal to block winding up.

Why Bursa protected defenders interest instead of listed company interest to suspend the counter last year until we investors were unable to release our shares. Furthermore, this is a fraud case as mentioned under announcement, Bursa shouldn't create an excuse now to suspend it during old days. Who fault on this matter? Any hidden agenda in Bursa management?

Peter group is holding 80% of shares and the order of furniture to other listed company is fully booked. Don't know DPS got it or not. Anyhow there are no much share outstanding, easy to goreng soon

https://www.theedgemarkets.com/article/halim-saad-sues-singaporelisted-hoe-leong

7145 doesn't need AP but 11 AP holders will seek for sand business from the buyer of 7145. 7145 can go anywhere to buy sands with free move as long as PO is still on hand. One of the AP company currently incurred loss making and joint venture with Kangar listed company. It is a very small company and license lapsed on 2027. This company is unable to provide so much sands for 7145.

Any AP holders that have sands from third parties of sand owners with good price of 600m cubic meter can look for the buyer representative of 7145. Don't guess further, 7145 needs sands to buy

Any AP holders that have sands from third parties of sand owners with good price of 600m cubic meter can look for the buyer representative of 7145

Investors are still applying Pakatan practice under Tun M regime, no license no talk. So sad and disappointed of investors mentality and quality.