if the company have something fishy... sure they won appoint an auditor to do special review... company governance is in good health... just issue highlighted from the review may cause market panic... and legal action should be taken against the ex ceo.
Well,i think its for the best, How Han Lun did nothing much during his time as the CEO. Hope this guy is better.
Tuan Syed Omar has more than 20 years' experience in the corporate world and commercial business, namely, in business turnaround and capital raising exercises, property development and construction, and furniture and interior design businesses. He was the Senior Business Development Manager in Federal Furniture Holdings (M) Berhad. He was an Associate of Asset Management and Investment Risk Managing Analysis Team under turnaround Managers inc., which achievement included Debt Restructuring Scheme for Lankhorst Bhd.
He was Executive Director of Cahaya Pedoman Sdn Bhd, a construction and interior design company, which project development included terminal Bas Pudu Sentral, 28 storey Kenanga International Central office and Swiss Garden Hotel Group. He was appointed as the Economic Advisor of PERDASAMA (Malay Businessmen and Industrialists Association of Malaysia) on 25 March 2015. He was Special Executive Officer in UDA Holdings Berhad ("UDA"), assisting the Chief Executive Director of UDA in various development projects from 2008 until 2010. He was also Special Executive Officer to the Chief Executive Officer of Kumpulan Prasarana Rakyat Johor.
He was Executive Director in several companies including the Stone Empire Group, Jalex Bhd and Kedah Marble Sdn Bhd. He was also Managing Director and Group Chief Executive Officer of Damansara Realty Berhad, a company listed in the Main Board of Bursa Malaysia Securities Berhad.
Pursuant to Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that the Company has received a notification from Tuan Syed Omar bin Syed Mohamed, a Director of NEXGRAM, who is currently not holding any number of ordinary shares of RM0.05 each in the capital of NEXGRAM, of his intention to deal whether directly or indirectly, in the shares of NEXGRAM during the closed period prior to the targeted date of announcement to Bursa Malaysia Securities Berhad of the quarterly results for the financial quarter ended 30 April 2016.
Angie, Tuan Syed Omar (new CEO) intends to purchase Nexgram shares anytime now pre/post quarter-end results. As he is not holding any Nexgram shares now, he is definitely going to purchase the company's shares (coz' he got nothing to sell). He should know the company's prospect better than outsiders......
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....
DON_JUAN
1,488 posts
Posted by DON_JUAN > 2016-06-03 01:01 | Report Abuse
DR Warrant = DR Holland !