2014 story, drag and announce in end 2017, then the price down almost 20% in a day after series of daily down and down. God only knows, when it stop to discount the price.
Later on those 2015, 2016, 2017 bad news will all pop out in 2018, not surprise the price can just go until bottom line , then delisted , change name change company change ppl , come bac as a new one who knows...they used to change ppl change name and also with tat kind of lower price from the previous 5 years , no joke is half decade they r like tat trend and style , faster drop cnt wait to c 0.03 coming
ppl know u is Tikus wo, even the Management also went jialak kaw oni , sell the stock then everyone can be their own boss with strong cash flow , what kind of stock also can buy since now all blue chip , blue warrant damn cheap, hold tight wait here, the counter drag u to the hell oni ~dun believed cont stay ba
Ini Datuk Seri Dr Pang Chow Huat is the same 'HERO of Sanichi' LOL. After this TRIVE will consolidate 20 stock into 1 and give right issue + warrant up to WA-Z keh keh keh.
Sometimes we found us so stupid, those in Kulim also never heard obout this company. Makcik selling nasi lemak without board of directors can make more profit than this coooooon company.
Trive Property Group has proposed an issuance of up to 500m new shares to Australian bank Macquarie Bank Ltd to raise up to RM60.5m to fund a residential development project in Kertih, Terengganu. Upon completion of the exercise, Macquarie Bank will emerge as the biggest shareholder in Trive Property, holding a stake of between 25.9% and 27.2%. However, the bank does not intend to be a controlling shareholder, said Trive Property. (The Edge)
This has been completed right? now lau sai will they knn lolx
OTHERS TRIVE PROPERTY GROUP BERHAD ("TRIVE" or "the Company") - IMPOSITION OF SANCTIONS FOR BREACH OF SECTION 354(1)(A) OF THE CAPITAL MARKETS AND SERVICES ACT 2007
TRIVE PROPERTY GROUP BERHAD
Type Announcement Subject OTHERS Description TRIVE PROPERTY GROUP BERHAD ("TRIVE" or "the Company") - IMPOSITION OF SANCTIONS FOR BREACH OF SECTION 354(1)(A) OF THE CAPITAL MARKETS AND SERVICES ACT 2007 The Company wishes to inform that the Securities Commission Malaysia (“SC”) had vide their letter dated 30 November 2017 reprimanded Trive for breach of Section 354(1)(a) of the CMSA read together with Regulation 4(1) of the Securities Industry (Compliance with Approved Accounting Standards) Regulations 1999 and Section 369(b)(B) of the CMSA and directed Trive to address its financial reporting function as follows:
(i) Trive is to appoint an external auditor (“EA”) (who is registered with the Audit Oversight Board) to evaluate the adequacy of the scope, function, competency and resources of Trive’s financial reporting function and make the appropriate recommendation to improve Trive’s Financial Reporting Function (“Assessment of Financial Reporting Function”);
(ii) Trive’s Audit Committee (“AC”) is to assess the EA’s findings on the Assessment of Financial Reporting Function and make the appropriate recommendations to the Board to improve its Financial Reporting Function; and
(iii) Trive is to highlight in its next audited financial statements and announce to Bursa the appropriate action Trive has taken, given the CMSA breaches highlighted above; and the actions that the AC has taken in addressing the SC’s directive in relation to the CMSA breaches highlighted above.
Separately, two existing directors of Trive had notified the Company that SC had reprimanded and fined them for breach of Section 354(1)(a) of the CMSA read together with Regulation 4(1) of the Securities Industry (Compliance with Approved Accounting Standards) Regulations 1999 and Section 369(b)(B) of the CMSA.
The problem with the accounting wasn't something new. It happen in year 2014. Bursa already reprimanded Trive director I think somewhere in 2015. It take SC 2 years to reprimand Trive ex-director.
Because of the problem of in 2014 that why there was a restructure and change of management. Now the group is under new management. And people still react to this news. This is also good, can collect cheap cheap.
We now can buy at 4.5 cents. Way much cheaper than Macquarie Bank who have to subscribe at 12.1 cents
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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....
IANFUJI
277 posts
Posted by IANFUJI > 2017-12-05 17:51 | Report Abuse
2014 story, drag and announce in end 2017, then the price down almost 20% in a day after series of daily down and down. God only knows, when it stop to discount the price.