@fastranger... All registered shareholders, as in their registrar can attend the AGM. It is considered 'informed or having received the notice' once the registrar have done the posting. They normally have door gifts presented to attending shareholders.
Further to the Company’s announcements dated 17 October 2019, 13 November 2019 and 14 November 2019, the Board of Directors of Perisai wishes to announce that Messrs Christopher & Lee Ong, the Solicitors acting on behalf of the Defendants and the Southern Region Marine Department had been served among others, with a sealed copy of Release Order dated 29 October 2019 on the vessel “Perisai Kamelia” by Messrs Hanif & Co, the Solicitors acting for the Plaintiff, as the sum of RM172,000.00 had been placed with the Court by the Defendants as alternative security to uplift the vessel arrest.
Further announcement(s) on any material development on the above will be made to Bursa Malaysia Securities Berhad in due course.
Guys, the vessel Perisai Kamelia is currently not in service due to disputes. The payment acts like an undertaking to the court to release the vessel. Perisai needs the vessel to fulfil its contractual obligations...
@scwmike8... Never evaluate a company strictly based on its profitability. Its just theory. Businesses are subject to economic cycles. The world crude oil plunged in 2014. Perisai became a distress company as a result of the economic downturn. Things are definitely looking brighter now... economically. Perisai is a turnaround company... after this Thursday. Perisai will be profitable again... no doubt about that.
I am very confident all the shareholders will see the benefits in supporting the Management in turning Perisai around. What @fastranger said is definitely right. It will be a good & productive AGM... to us all. Its almost a 10 months wait...
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
fastranger
207 posts
Posted by fastranger > 2019-11-20 22:07 | Report Abuse
Ok will do..