I recall a gold robbery case long time ago that the robbers melted the gold and sold it to another goldsmith in another state and after a few months someone spilled the beans and all kena jailed although the original gold can no longer be found.
Upon interrogation , If MACC is of the view that there are sufficient evidence to press for the charge , they will pass it on to the prosecutor. However , no charge has been pressed so far.....
past records provided to the auditors by whom ?? by the Management , right ? if the management is fishy, do you believe that the records provided reflect the true position??
The new management is said to be trying to cancel/offset the compensation of RM 20.4m by creating the story of the said 100 kg . They are trying their luck but of no avail. Eventually , they must pay ,which will be reflected in the upcoming QR as a huge loss
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.
On behalf of the Board, UOBKH wishes to announce that, after due deliberation and careful consideration, the Board has resolved not to proceed with the Proposed ESOS.
new management trying a strike a deal with DL. if he accepted, which could overturn the previous claim by the southsea. and also land a new leasing deal which will let bahvest continue the operation to dig gold.
What the new management is saying they are making effort to negotiate with DL but DL is adamant and is not prepared to negotiate . Do you really believe DL would nego with them who has been hostile to him? Would you kiss the dog which has bitten you before ??
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.
then suddenly want 13mil. a robber.. its a corporate world. anyone who has enough money can take over a company. its a listed company.
The following statement is very clear and self-explanatory . DL will not nego with the party hostile to him. Southsea will press for full compensation nothing more and nothing less. The newly appointed CEO, Mr.Chong who has betrayed DL is believed to have the toughest nut to crack. To make matter worse, Bahvest could be chucked out of the trespassed land after the lapse of 90 days. The game is not over yet. ---------------------------------------------------------------------------------- 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.
Joyvest , matilah if what you said was true. No mercy??? Bombshells
joyvest —The following statement is very clear and self-explanatory . DL will not nego with the party hostile to him. Southsea will press for full compensation nothing more and nothing less. The newly appointed CEO, Mr.Chong who has betrayed DL is believed to have the toughest nut to crack. To make matter worse, Bahvest could be chucked out of the trespassed land after the lapse of 90 days. The game is not over yet. ---------------------------------------------------------------------------------- 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. 15/06/2023 10:02 AM
@ Income, just some comments for joyvest and it becomes suicidal for you. Steady bro. Moonslayer274 and I are now scouting for the best jockey for Bahvest Gold. Moon suggested engaging Frankie Dettori or Ryan Moore but I prefer a local talent, Singaporeon Clyde Leck, a humble and friendly up and coming jockey. Bahvest is taking a rest before resuming its upcycle.
GC 7/34 has been formed. Anticipating GC 7/21 next. Once this is formed, EMAs 7-21-34-200 will line up admirably. Anything can still happen though but at least TA-wise I'm prepared.
Cicakman already received Bomoh seal of approval, Bojed has already configured the home run stretch technicals, and prayers for prosperity have already been recited, and the recycling numbers at the sell stages have already been set by the market maker. so get ready..... with 200 meters left to run, hello its anybody's race....... over on his outside its Bahvest.....
moonslayer274, yes he is Charles Leck's son. A humble and friendly Singaporeon up and coming jockey, bagged 2 titles last year,both apprentice and senior. Like Bahvest which is eyeing Melbourne Cup, Dubai Cup and Saudi Cup,he's too will emulate the late legendary jockey Lester Piggot.
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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....
Bullballs
1,194 posts
Posted by Bullballs > 2023-06-15 09:19 | Report Abuse
I recall a gold robbery case long time ago that the robbers melted the gold and sold it to another goldsmith in another state and after a few months someone spilled the beans and all kena jailed although the original gold can no longer be found.