Wah lauuu...can fly worrrrr.....que...que..que.....ha...ha...ha

APFT will operate like newco....new balancesheet.....Private Placement done......Que...que...que...ha...ha...ha.

que...que...que...ha...ha...ha

Tomyam ...how?.....zzzzzzzzzzzzzzzzzz

que...que...que....ha...ha...ha

PFT BERHAD
APPOINTMENT OF RECEIVERS AND MANAGERS IN ASIA PACIFIC FLIGHT
TRAINING SDN. BHD.
The Board of Directors of APFT Berhad ("APFT" or the "Company") wishes to announce that
Asia Pacific Flight Training Sdn Bhd (“APFTSB”), an indirect wholly owned subsidiary of
APFT, has on 24 August 2016 received a Notice of Appointment of Receiver and Manager
dated 24 August 2016 by Kuwait Finance House (Malaysia) Berhad (“KFH”).
Mohamed Roslan Abdul Rahman and Chan Siew Mei of KPMG Deal Advisory Sdn. Bhd. were
the appointed Receivers and Managers (“R&M”) of the Property of APFTSB under the power
contained in the Debenture dated 14 November 2008, 1 August 2011, 21 June 2012 and 9
February 2015.
Date of appointment
The appointment of Receivers and Managers on 24 August 2016.
Information on APFTSB
APFTSB is a private company limited by shares incorporated in Malaysia under the Companies
Act, 1965 on 13 December 2000 under its previous name Flight Training Systems Sdn. Bhd.,
subsequently changed its name to Forad Systems Sdn. Bhd. on 11 July 2005, Subang Flight
Training Sdn. Bhd. on 15 September 2005, Forad Aerospace Sdn. Bhd. on 11 November 2005
and adopting its present name on 26 July 2006. The authorized share capital is
RM25,000,000.00 comprising of 25,000,000 ordinary shares of RM1.00 each and its existing
issued and paid up capital is RM25,000,000.00 comprising of 25,000,000 ordinary shares of
RM1.00 each
APFTSB’s business address is at Suite 50-5-5, 5th Floor, Wisma UOA Damansara, 50 Jalan
Dungun, Bukit Damansara, 50490 Kuala Lumpur.
APFTSB is principally engaged in flight training and is an Approved Flight Training
Organisation under the Department of Civil Aviation Malaysia.
The immediate holding company and ultimate holding company of APFTSB are APFT
Aviation Sdn. Bhd. and APFT respectively.
Confirmation as to whether the subsidiary is a major subsidiary
Based on the audited financial statements ended 31 March 2015, APFTSB is not a major
subsidiary of APFT as defined under Chapter 1 of the Main Market Listing Requirements.
Net Book Value of the affected Assets
Based on the audited financial statements ended 31 March 2015, the net book value of the
charged assets was RM16,207,101.59.

The details of the events leading to the appointment of the receivers and managers
APFTSB has an outstanding loan of RM4,153,331.08 with KFH and has negotiated to pay in
full from sales of aircraft to PT. Trans Asia Pacific Aviation Training (“TAPAT”) in Indonesia.
However, the payment from TAPAT is delayed and KFH has decided to exercise their
Debenture on the assets and appointed the R&M.
The financial and operational impact of the aforesaid appointment
With effect from the appointment of the R&M, APFTSB shall cease to have power to deal with
property and assets of APFTSB, comprised in or subject to the charges contained in the
Debenture. No one shall have any power, authority, rights whatsoever to operate, remove,
relocate, dispose and/or otherwise deal with the charged assets in any manner unless sanction
in writing is given by the R&M.
The operational and financial matters are now at the discretion of the R&M.
Nonetheless, all other statutory obligations of the Directors of APFTSB still remains.
The appointment of the R&M has no immediate effect on the remaining business and
operations of APFT Group.
The expected losses, if any, arising from the aforesaid appointment
The appointment of R&M will not have any additional financial and operational impact on the
Group and the Company is not expected to incur any further loss arising from the aforesaid
appointment.
The steps taken or proposed to be taken by APFT in respect of the aforesaid appointment
The Company has taken steps earlier to dispose of assets to obtain the funds to pay KFH. The
sale of TAPAT and aircraft in Indonesia has taken place and only waiting for the proceeds
which is expected at the end of August 2016. The amount of the sale proceeds is RM3,486,963
and the shortfall of RM666,368.08 will be covered by another sale of assets from a company
(“Interest Company”) of which the executive director has interest. The Sales and Purchase
Agreement stipulated payment will be in the Interested Company by end of September 2016.

que...que...que......ha....ha...ha...

que...que...que......ha...ha...ha.

que....que.....que....ha...ha...ha

que...que...que....ha...ha...ha

swingtrader.....you sapu lah.....ha...ha....ha

que que.......ha..ha.....ha

Haiyaaa...wait for 0.25 maaaa.....

Tuan Syed...Where are you?....Sudah jual kah?.......ha...ha...ha

ya lorrr ...selll lorrrr....buy back at 0.32 sen lorrrrr.....ha....ha...ha

Haiyaaa...this counter uptrend maaaa.....kolek...kolek....ha...ha...ha

haiyaaa....public and kenanga target oredi met maaa....all cabut oredi maaaa....I oso follow public and kenanga maaaa....hit and run loorrrr.....now follow MIDF target maaa ha...ha...ha

haiyaaa...your target 0.40 only kah?...I thought 0.80....ha....ha...ha

I think can go below 0.68 worrrr......careful worrr...MIDF make sense worrr.....

http://klse.i3investor.com/servlets/ptres/36950.jsp

http://klse.i3investor.com/blogs/UOBKayHian/102313.jsp

consolidating maaaa.......look at the chart lorrr.....can go as low as 1.46 lorrrrrr........careful worrrrr...

can limit up kah?.......ha...ha...ha

BJ Auto now retracing worrr........careful worrrr......

ya lorrrr...how lehh......ha...ha...ha

ya lorrrr......walk oso cannot...crawl oso cannot.....sleep lorrrr....ha..ha..ha

uptrend worrrr....kolek...kolek.......ha...ha...ha

haiyaaa...operator use diesel engine lah.....ha....ha...ha.....

que...que....que....kolek...kolek...kolek......will shoot up.....ha...ha....ha

haiyaaaa.......no hurry lorrrr......retrace first maaa......maybe 10 months worrrr.....ha...ha...ha

Wah lau.....all chart showing Uptrend worrr........how?..........can kolek kah?....ha...ha..ha...

testing engine.....vooommm....vrooom......kolek...kolek.....ha....ha...ha

ya lorrrr...kolek-kolek lorrrr....anytime can zoom-zoom lorrrr....ha....ha...ha

haiyaaa.......no hurry maaa...work oso not yet start....ha..ha..ha

haiyaaa....sure or not?......everyday oso start engine...off engine.......ha,,,,ha,,,ha,,,

how?.....can kolek kah?........ha....ha...ha

Ya lorrr.....very scary worrrr......wait for 0.05 to kolek....ha....ha...ha....

no hurry maaaa......sure retrace further maaaa......ha...ha...ha

ya lorrr...kolek...kolek...kolek...ha...ha...ha

kolek...kolek as much as you can........best deal on bursa maaaa.......ha...ha...ha

wah lau.......kolek..kolek.......Sure Fly anytime....ha...ha...ha

ya kah?.....no wonder sedania zzzzzzzzzzzz........ha...ha...ha

----------------------------------------------------------------------------------------
sharktank i heard sedania operator commit suicide already leh.
10/08/2016 12:56

wooo hooooo.....kolek...kolek...kolek...before too late...ha....ha...ha

wah lau...now stock with momentum somemore.....this one really China Boleh worrr....ha..ha...ha

http://klse.i3investor.com/blogs/the_edge_stock_with_momentum/101733.jsp

ya lorrr...this china apek company account very good one but share price half sen oso got.......sell shoe oso got 350 million cash......I oso want to sell shoe leh....ha....ha,...ha

haiyaaa....when people scared you kolek lorrrr......ha....ha...ha

haiyaaa....don't worry...just kolek.....sure up one .....ha...ha...ha

this counter tidor worrrr....no sign of waking up maaaa.......ha...ha...ha

haiyaaa...0.03 sen counter oso want to argue kah?....this is not blue chip counter lah.......ha...ha...ha...ha

haiyaa...follow operator maaaa....kolek...kolek....ha...ha...ha...

kolek...kolek..kolek......ha...ha,,ha