Posted by cicakman > 2023-06-14 16:42 | Report Abuse

waaaa...26.5 cts :)

Posted by Income > 2023-06-14 16:50 | Report Abuse

Can borrow from 30 biggest shareholders to sell Bv, if you want to sell it



cicakman —To q sell 26.5 got to have share.
To q buy got to have money.

How?
14/06/2023 4:07 PM

Posted by Income > 2023-06-14 16:52 | Report Abuse

Really incredible!!!
Can reach 30 to 35sen to let Vbravo escape from Bv jail. Cepat sikit operators… kasi Vbravo keluar jail. Hahaha 🤣

Posted by cicakman > 2023-06-14 16:56 | Report Abuse

Tomolo morning will tell you why today up,ok :) :)
Nothing to hide but don't be suprise.

Posted by bojed > 2023-06-14 17:16 | Report Abuse

Nice closing volume!

Can't wait for tomorrow :)

Posted by bojed > 2023-06-14 18:05 | Report Abuse

BAHVEST RESOURCES BERHAD

Type Announcement
Subject OTHERS
Description BAHVEST RESOURCES BERHAD ("BAHVEST" or the Company")
- CLARIFICATION ON ARTICLE TITLLED" BAHVEST PROCEEDS WITH EGM BUT WITHDRAWS ALL RESOLUTIONS AFTER FOUNDER-LED MANAGEMENT STEPS DOWN" IN THE EDGE ON 14 JUNE 2023
Reference is made to an article entitled "Bahvest proceeds with EGM but withdraws all resolutions after founder-led management steps down", which was published in The Edge on 14 June 2023. The Company wishes to clarify as follows:-



1) As per our announcement on 3 May 2023, only RM6 million was indeed paid to Southsea Gold Sdn. Bhd. on 10 May 2023.



2) The Company is currently in the process of negotiating the return of the RM6 million paid Southsea Gold Sdn. Bhd.



3) The Company is also in discussion/negotiation with Southsea Gold Sdn Bhd by entering into a leasing agreement for the land on which the factory is built on.



This announcement is dated 14 June 2023.

https://www.klsescreener.com/v2/announcements/view/5149031

Good news?

Posted by joyvest > 2023-06-14 19:26 | Report Abuse

Every thing seems to be in the process.nothing has been finalised with lot of issues are hanging in the air..

Perhaps they are still enjoying their honey moon.Very soon,the new mgt will be faced with more indemnities as a result of lawsuits.

Do you really believe that the landlord wants to negotiate with the party hostile to him now? cat and dog never see eye to eye to each other but an eye for an eye.

Posted by Income > 2023-06-14 19:47 | Report Abuse

Really incredible!!!
Can reach 30 to 35sen to let Vbravo escape from Bv jail. Cepat sikit operators… kasi Vbravo keluar jail. Hahaha 🤣

Posted by TCH1186 > 2023-06-14 20:00 | Report Abuse

28-30c n dump soon

Posted by kk7198 > 2023-06-14 20:37 | Report Abuse

https://theedgemalaysia.com/node/671186

Posted by Oowa > 2023-06-14 20:47 | Report Abuse

Things get brighter and brighter now.

Posted by Income > 2023-06-14 20:52 | Report Abuse

KUALA LUMPUR (June 14): Southsea Gold Sdn Bhd has accused Bahvest Resources Bhd’s new management of providing misleading information about the firm at its extraordinary general meeting (EGM) on Tuesday (June 13).
Sabah-based Southsea is 75%-owned by Datuk Lo Fui Ming, who is Bahvest's founder and its former chief executive officer.
The EGM had been called for by a group of Bahvest shareholders to remove Lo, along with his son and former executive director Loh Tek Yong as well as former non-executive chairman Datuk Seri Dr Md Kamal Bilal, after the Malaysian Anti Corruption Commission (MACC) raided Bahvest’s operation centre in Tawau.

However, the trio resigned their posts in Bahvest before the EGM was held.
At the meeting, Bahvest's new management claimed that just before Fui Ming exited the group, the Bahvest founder transferred RM13 million to Southsea as a non-refundable deposit to commence negotiations about compensation for alleged wrongful occupation and trespass on a plot of leased land.
In a statement on Wednesday, Southsea rejected the claim, saying the RM13 million was actually a negotiated compensation, reduced from the RM20.4 million sought in the original letter of demand.
“This RM13 million is termed as a non-refundable deposit for the purpose of continuing negotiations towards reaching a final compensation sum to be paid to Southsea as part of a temporary settlement arrived between Southsea and Bahvest in relation to the wrongful occupation (of the leased land).
"It was to be paid in two tranches in consideration of an extension of time of 90 days granted to Bahvest. RM6 million was paid to Southsea on May 10, 2023 and payment for RM7 million was to be made by May 29, 2023," said Southsea.
In the statement, Southsea said Bahvest’s crusher plant, processing factory, workers accommodation and other structures had been occupying Southsea’s leased land since 2018.
"No compensation was enforced by Southsea on Bahvest due to the goodwill between the companies and in consideration that Bahvest's operations were just starting then.
The demand for compensation was precipitated by the hostile takeover initiated by the current management, which diminished all form of goodwill between Southsea and Bahvest," said Southsea.
“A temporary settlement had been worked out following good faith negotiations between Southsea and Bahvest with full authority from Bahvest’s board of directors at an emergency board meeting held on May 3,” the firm said, adding that the temporary settlement was ratified by the board on May 15.
“Neither Datuk Loh Fui Ming nor Loh Teck Yong participated in any board of directors’ meeting relating to the temporary settlement. The terms of the temporary settlement had been announced to shareholders on Bursa Malaysia,” it added.
Southsea also said Bahvest’s position to not pay the remaining RM7 million to Southsea as per the agreed compensation, would be an act of bad faith and misleading to shareholders.
The firm also denied claims that there is an ongoing court case or material litigation between Southsea and Bahvest.
“Thus, there is nothing to run afoul of the sub-judice rule at the moment. This would seem as an excuse not to answer queries from the media and the shareholders,” it added, referring to Bahvest's new management's statement on the matter during and after the EGM.
Southsea in its statement also claimed that Bahvest had demanded via a draft agreement that Southsea refund Bahvest the RM6 million compensation paid on May 10 as part of the negotiated non-refundable deposit for the wrongful occupation.

Posted by Income > 2023-06-14 20:55 | Report Abuse

Elephant Vs Elephant, who die in the middle? BV shareholders die in the middle la. 😞

Posted by Oowa > 2023-06-14 21:08 | Report Abuse

Small matter

Posted by Oowa > 2023-06-14 21:10 | Report Abuse

I think DL will be facing more interrogations from the relevant authority concerning loads of non compliant issues while serving as CEO of Bahvest.

Posted by spyking > 2023-06-14 21:22 | Report Abuse

Wow DL still wants to fight

Posted by bojed > 2023-06-14 21:41 | Report Abuse

Radium's sub was officially served with a lawsuit but still remains unchanged.

Let's see where Bahvest will go tomorrow.

Posted by youarewelcome88 > 2023-06-14 21:43 | Report Abuse

As what @joyvest said, I fully agree. Inaction/Deliberate delay/Legal suits by the Landowner will cause lots of headache to the new management. Of course market price is a separate issue...

Posted by Catzai124 > 2023-06-14 21:53 | Report Abuse

Income and joyvest only
Know how to scare small investors. Please be gentle ok. If you want to earn money just join in now before price rise again.

Posted by youarewelcome88 > 2023-06-14 22:11 | Report Abuse

@Catzai124... It's just an opinion on the running of the company. Tomorrow Bahvest price will be up. Cheers

Posted by Income > 2023-06-14 23:19 | Report Abuse

You are Welcome to buy more for your profits in Bv. Go go go 💪💪💪

Posted by Michael Kwok > 2023-06-15 00:41 | Report Abuse

Bahvest 26.5 cents
Sell if got 1-2 cebts up
Im done,even though i wrong in my previous forecasr.but doubt will be matching the high it made this years
15/6/23 12.43am

Posted by fl888 > 2023-06-15 06:19 | Report Abuse

cicakman , good morning already…What are you going to tell today ?

Posted by CKMNOP01 > 2023-06-15 06:59 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3361786

Posted by cicakman > 2023-06-15 08:13 | Report Abuse

fl88,wait larrr
Let everybody clock in and sit infront screen.
You want to know why yesterday up?

Posted by Income > 2023-06-15 08:18 | Report Abuse

Yes up because of Goreng. What else? Nothing, just goreng nasi Bursa. Haha 😆

Posted by Bullballs > 2023-06-15 08:22 | Report Abuse

If any of these three things happens Bahvest price will increase by at least 10%. 1. Gold price hit 2000 again. 2. Korek King returns the RM 6 million he took. 3. Korek King is charged with misappropriation of 100kg of gold.

Posted by Income > 2023-06-15 08:24 | Report Abuse

Banyak hutang keliling pingang company ni

Posted by Income > 2023-06-15 08:26 | Report Abuse

No Dividend company ni. Aduhhh 😖

Posted by cicakman > 2023-06-15 08:43 | Report Abuse

Why up.
Reason No.1
When ppl sell it will goes down.

Posted by cicakman > 2023-06-15 08:46 | Report Abuse

That 2 slupid counters ( P & S ) coming soon going to goreng

Posted by cicakman > 2023-06-15 08:49 | Report Abuse

Reason No.2
Gold need to be polish to make it shine.

Posted by cicakman > 2023-06-15 08:53 | Report Abuse

Anything closed at high are always pening kepala.

Posted by joyvest > 2023-06-15 08:57 | Report Abuse

Bahvest has admitted publicly of its guilt to trespass. It is believed that DL would not negotiate with the party who is hostile to him. As a landowner , he would insist the compensation of RM 20.4 million nothing more and nothing less. The new management keeps saying the negotiation is in the process and everything seems to be in the process but in actual fact , no progress at all.

Irrespective of gold price, no gold mining , no production of gold. Every thing is back to square one. The integrity of the new management is in question after misleading to the public with the false information . Deliberate or not is up to your interpretation.

On another note, DL was alleged to possess the 100kg of gold which seems to be non-existent . As at to date, the said 100kg has yet to be found by the authority. The said gold can be easily detected by metal detector no matter how deep you bury them. Perhaps they are lying on the seabed....

Posted by cicakman > 2023-06-15 08:59 | Report Abuse

Hello bro,
BOD did say they will safeguard the interet of the shareholders.
If they fail add value the reason it went up.
Coming kita ramai ketuk kepala dia org if dont add value to share px.

Posted by joyvest > 2023-06-15 09:02 | Report Abuse

They can say they safeguard your asx but in actual fact they screw you more

Posted by MusaAman > 2023-06-15 09:04 | Report Abuse

ko mmg mmg buduhx100kg tahap luarbiasa.
trespas tu kononya nak ikut stail omputih buat poison pill.. akhirnya skg kena telan sendiiri.
100kg tu dah lama sdh jual bah.. buat apa nak simpan.
cukup bah.. buduh.

Posted by joyvest > 2023-06-15 09:07 | Report Abuse

Before you sell , you must have got them physically in hand. Where was the source of the said 100 kg ? We are not focusing on the sale here but the source of them. Who is the simpleton here?

Posted by cicakman > 2023-06-15 09:08 | Report Abuse

Got fight bah.
Focus to details.

Posted by bojed > 2023-06-15 09:09 | Report Abuse

Back to 0.265 LOL!

Let's go!

Posted by Catzai124 > 2023-06-15 09:10 | Report Abuse

Joyvest, early morning stop barking. Have you buy any share just now? Small discount, haiyar, you missed it again?

Posted by cicakman > 2023-06-15 09:12 | Report Abuse

Don't care lah about gold or safeguard.
What is impotant px up ok larr. :)

Posted by nicholas99 > 2023-06-15 09:12 | Report Abuse

the origin is not important.. for all i know. he could use the 100kg gold dig from bahvest operation and trade with a warlord from Philippines and exchange a new batch of unmarked gold.. The thing is the government noticed from somewhere (maybe a record) that there is this batch of missing gold. It has to be from bahvest. Or else, where macc get the jurisdiction to get the record?

Posted by cicakman > 2023-06-15 09:14 | Report Abuse

Kasi gosok lampu Alladin biar jin kluar ramai2 bah

Posted by nicholas99 > 2023-06-15 09:14 | Report Abuse

the record tell it is 100kg missing. DL has to be responsible for it. That's all you have to know. if he has to sell all his share to pay for it or sell his house to pay for it. whatever.. the government have to collect the tax money.

Posted by nicholas99 > 2023-06-15 09:15 | Report Abuse

MACC don't simply go and catch someone and remand them if there is no proof. that's self explanatory..

Posted by joyvest > 2023-06-15 09:17 | Report Abuse

DL is innocent until proven guilty. Bahvest is required to rove to the court that the said 100 kg was produced by the company. Until then, DL is still a free man. Who knows Bahvest borrowed the said gold from him to boost the profitability in the QR.

Posted by cicakman > 2023-06-15 09:18 | Report Abuse

When ppl sell it goes down
BUT
When ppl buy it will goes up.

Which one ?😁

Posted by nicholas99 > 2023-06-15 09:18 | Report Abuse

The government won't trust fabricated proof from DL himself. thats not legal to make a stand in court. you can't simply write a new record and says the past record is false. things don't work this way if you know law.

Posted by nicholas99 > 2023-06-15 09:18 | Report Abuse

Clearly, you don't know the law. so a waste of my breathe to write.