Looks like sim keng siong and mak lin kum desperate trying to put blame on everyone, fabricate 1 by 1 scam law suits to keep themselves in power. Cheap criminal, rob and sits in the bank claiming they have “rights to rob”. Cannot keep the profit they milk from white knight, and they have no shares, so burn themselves lor. Morons. Shareholders shall all go vote them out clean up the mess.
First time see lawyer use fortune telling predict the “future” and sue people. Lolol.
Am I reading it correct? Some cockroach predict francis tan “will be in control” and “will be proposing some plan”, and the plan “will be worst than” what the cockroaches sim keng seong and mak lin kum propose, and Securities commission “will be approving” in francis favor, means the cockkroaches “will not benefit”. So sue everone under the sun “including securities commission” for potential “future Armageddon”??? Huh?
Why not sue your own father for giving your mother a headless seed giving birth to cockkroach (you) knowing your future will be misery? Also sue your mother for giving birth to you without your permission lor. Lolol
Either party without sincerity and action plan to rescue RA for shareholders by correcting the mess created knowingly, but just keen in fighting for own agenda, will receive punishment and judgement one day from GOD whom he believes in at the end, for the crime committed. GOD may pardon the wrongdoings, but not shareholders who are just humans. Fair and true.
EGM tomorrow. Last chance for shareholders to fight for own monies and show stand. Those who had invested more than RM1000 in RA, worth to spend half day attending EGM to protect your own investment if your daily income is less than that.
Any anger or unhappiness with any board members or even organizer of the EGM, attend lah EGM/AGM to express yourself well in words and by votes. RA ex staff who have no share, just be a proxy and attend. There are many ex staff who hold shares, not an issue to be proxy anyway. Stakeholders only hear you during EGM/AGM, not this platform at all. How true the cases, put on table with evident to share with attending shareholders to judge and gain support.
The EGM is adjourned. The current BOD has put a voluntary liquadation to the courts to liquadate the company. Bad news & not to the interests of the shareholders.Shareholders will loose everything. The major shareholders is trying to prevent this..
klse1997. No way to prevent liquidation now as it already happened. However as shareholder, you have the rights to file an injunction to revoke, but action has to be fast.
To take back your investment even after delisting, effective way is to explore with the ex RA Board (as already dissolved) to assess how true various CBT cases lodged to police by RA headed by SKS, have solid evident to prove cases. Any shareholders who are convinced, have full rights to take legal action individually against FT to have investment back, or probably with good profit upon winning as settlement. Again, shareholders who are willing to act, always have chances to gain. When there is a risk, there is always opportunity too.
NO creditors (bank, suppliers..) can saman or sue anything on illegal cash out as they are not owner of the company. ONLY the shareholders, individual or group, have rights to do it as owner(s) of the company. Before liquidation, the Board has duty to act on behalf and it acted obviously. Now, no more.
Mr takerisk. Childish wish you think Sim Keng Siong did anything good for "you" meh? Pretend to put the blame on old boss Francis Tan, so his criminal activity can be shadowed meh? Report this Sim and his ally Mak Lin Kum for cheating RA shareholders.
Shareholders are all the victims. No meaning to know who is right/wrong, and no need to argue. Delisted = Lost Listing Status = Game Over = Total Lost.
Major shareholders [Nexgram & etc..] should take further action on this issue even it had been delisted from Bursa.. If they r willing to take it as total loss in their company acc.. then worst scenario.. as the firm {RA] is not gonna rise again..
Guys n Ladies - we gonna stand together and avoid any conflict or bad arguments.. Let's have an open discussion instead of pointing this fellow or that fellow.. Main focus - Big Picture
thx klse1997 for ur kind sharing.. Please bring the culprits to justice.. Wondering will it still report to bursa if there is an update on the suit cases..? Always check for a sudden announcement to be share if any.. ;-(
Tq @concaptured and @ckpmaksimbasket pls bring all culprits to justice and recover back shareholders fund... lets keep this forum active until justive is served and all shareholders fund could be recovered
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....
klse1997
254 posts
Posted by klse1997 > 2018-01-15 09:36 | Report Abuse
Good effort... must collect back all ilicit and dubious payment from RA to director's own company... judge must punish them severely