The Company wishes to announce that one of the conditions precedent in the SPA for the Proposed Disposal, i.e. to obtain the Golden Power Clearance, has been rejected by the Italian Government, vide its letter dated 7 November 2023, which was received by the Company on 8 November 2023.
According to Vietjet, it safely operated 36,000 flights and transported 6.8 million passengers in Q3, including 2.3 million international travelers, an increase by 10 per cent over the third quarter of the pre-pandemic 2019 and up to 127 per cent year-on-year.
Assume there is RM 1 profit per passenger, this may translate to additional profit of RM 6.8m for tune protect
Some said current BOD is very transparent, but i think not to shareholders. What is going on for their Thailand ethanol and UK project? Borsig listing in SGX, now at which stage? Anybody know? Keep saying saying the same thing from last december, no meaningful update
I happen to know the Tunku and some of the board members. They are very decent and dedicated doing their best for the business. But I don't know the board of all the companies I invest in. So I don't rely on trust, I look at the performance only. So far, KNM management managed to work very well with the creditors. This is very critical to the survival of PN17 companies. So, to me their performance for the past year has been excellent or extraordinary bcos the figure involved is billion.
Tunku is my ex-employee. Do you believe? I can talk whatever I can without providing a proof.