Cute alice cheong kok fei, ckp lost son. The more he talk divert attention the more he cannot answer Chong signed and agreement and did not disclose to his board his personal interest. He further signed a SD.
24 Oct 2012 Larry Tey Por Yee via Global Cap Venture signed Term Sheet with Herman Koswara, the controlling shareholders of PT Fas. The purpose of the term sheet is to acquire project kuala simpang timur oil field. It is agreed that Larry will purchase Herman's shares priced at IDR 6billion (Larry has only paid IDR 3billion).
1 November 2012 Larry Tey Por Yee and Benny Tjokro agreed on how to move forward with handling over Benny's shares at PT Fas, i.e. Tey Por Yee paid the operational costs of PT Haseba as of the date of the agreement and Larry Tey Por Yee take over Benny's debt at Mayapada Bank in the amount or IDR 23 Billion (both conditions are not fulfilled). However in the said date Larry already received the shares of PT Fas belonged to Benny Tjokro. Tey put the shares in PT Asi.
28 December 2012: Larry Tey Por Yee sold his shares to Protasco Berhad in the amount of USD 55million.
21 May 2013 Larry Tey Por Yee sent a forged invitation for egms of PT Haseba which will be held at the office of Djamkk Asmur, the public notary in Aceh.
14 August 2013: to pay his debt to Benny, Larry wired in IDR 5billion and put Inovisi's shares as a guarantee. Few month later when Larry is in default; Benny attempted to execute the block of Inovisi's shares and finds that the value has dropped to a meager 10% of its initial value.
23 August 2013 Larry Tey Por Yee changed the directors and commisioners of PT Haseba based on the illegal egms.
24 February 2014 Herman Koswara and Benny Tjokro lodged police report against Larry Tey Por Yee alleging that he forged Herman and Benny's signature and defrauded them.
1 April 2014 Benny Tjokro through it vehicle PT Dayasakti Putradharma filed lawsuit against PT Anglo Slavic Indonesia at south jakarta district court.
25 April 2014 Koperasi Sejahtera Bersama filed lawsuit against PT Green Pine, Jerry Djajasaputra, PT Equator Securities and PT Inovisi Infracom Tbk arguing that it had invested IDR 125billion in PT Inovisi which was guaranteed by a block of Inovisi's shares. But it had not seen any profit and when they attempted to cash in on the shares, it shares dropped significantly.
11 December 2014 Benny Tjokro and Larry Tey signed settlement agreement in which Larry agreed to pay IDR 18billion, at the latest 28 January 2015. Up to this day Larry failed to honor this settlement agreement.
10 January 2015 The court ruled in favour of Koperasi Sejahtera Bersama and order Inovisi to pay IDR 200billion.
15 July 2015 Indonesian police raided the office of PT Inovisi Infracom Tbk.
December 2015 PT Inovisi Infracom Tbk closed down it business without prior notice to the investors and employees. It management went hiding.
1) due to the Company’s recent expansion plan and the unavailability of CHI's workforce 2) Thee Company is not aware of any other matters that need to be brought to the attention of the shareholders
The Board of Directors of NEXGRAM (“Board”) wishes to announce that Messrs. CHI-LLTC (“CHI”) has tendered their resignation as External Auditors of the Company vide their letter dated 18 January 2016 due to the Company’s recent expansion plan and the unavailability of CHI's workforce which has decreased recently, to handle the increasing work.
Pursuant to Section 172(15) of the Companies Act, 1965, CHI's resignation will be effective only after new auditors have been appointed.
New auditors for the financial year ending 30 April 2016 will be appointed at an extraordinary general meeting (“EGM”) to be convened.
The Board also wishes to inform that the Company is not aware of any other matters that need to be brought to the attention of the shareholders of the Company with regards to CHI's resignation.
Further announcement on the holding of an EGM will be made by the Company once the new auditors have been identified.
Bursa Securities’ position will directly affect the Take-Over Offer. In the event Bursa Securities decides not to proceed with the processing of the listing application and draft Circular, the only logical conclusion is that the condition of the Offer of obtaining Nexgram Shareholders’ approval at the EGM will not be met within the stipulated timeframe under the Code. In such circumstances, the Take-Over Offer will not succeed.
so the worst scenario is >> Take over of iretex will be lapsed >> so what...not a BIG DEAL the best scenario >> takeover done ( nothing to shout whatt ! )
>> NEXGRAM sure EXPLOSIVE tomorow >> $$$$$$ , 10 SEN is NEXT....(anytime ) TP 20 sen remained FIRMED !
## SG999 now in critical again ( life support ) in Tanjong Rambut Hosp...
If the SC's probe shows everything is in-order but still not approve, what action will Nexgram and Iretex take? Look's like Nexgram is quite confident.
Do you notice OKA was ceased as major shareholder in 21/4/15 when he disposed 3,704,700 shares. After that, on 23/12/15, OKA acquired back 4,676,100 shares from open market @0.323. Today, he is still holding 9,435,912 shares, equivalent to 7.16%.
the best solution is >> JUST push the NEXGRAM price back to at least 7 to 8 sen , everything will be settle & CALM again - no need to say this , that , issue press statement >> and paid the newpaper @ portal to write such as raising red flag , investigation deepen ,SC concern & what not....CEHHHHH to all paid writers ...shame on you !
Yess my fren Jacatez , immediate TP 7 sen , onced hit 7 sen , calm & confidence is restored ( not fully ) ,,,,hit 8 sen ( PANIC BUY - BE GREEEEEEEDY again ) , 8.5 ( FANTASTIC )...sail thru to 10 SEN ( medium size JACKPOT )....20 SEN ( a LOTTO JACKPOT $$$$$$$ )
## I am going to visit my sparing partner SG999 now warded @ Tanjong Rambut Hosp
thanks god , my fren SG 999 is still alive....! NEXGRAM UPTREND , closed 6.5 SEN ...onced hit 7 sen , PANIC BUY gradually cominggggg ! >> hit 8 sen MAD BUY again $$$$
Ejsaham, I knew that, already posted, Useless auditor, not enough workforce, not aggressive enough and not able to cope with Nexgram. Sound like fired by Nexgram, useless. Hahaha....
That is how tpy and oka do their goreng-goreng...they repeatedly sell and buy to decrease or increase the price until reach the targeted price.
Regarding the auditor; i think it was the other way around: the auditor fired their client when they found out too many "black hole" inside nexgram's financial report.
why need purposely hire special auditor got verify their subsidiary asset, this should be conduct yearly, and the current auditor should know everything on the asset, special auditor just for wayang only
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DRwarrant
8,354 posts
Posted by DRwarrant > 2016-01-20 16:51 | Report Abuse
GETTING SOLID again $$$$$$$$$$$