Looks like Chong ket pen funded Yap kok weng trying to take advantage and kill company by avoiding General Offer. Straight breaking law commit crime, causing company lost business and pn17. Run for cover!
Game over? Better stay off ... already goreng last time ...already taken good profit...now no more juicy juice already... Wintoni was one of the most exciting shares to play...now...going down like will not be going up so soon.
The Board of Directors of the Company wishes to announce that the Company was served with a sealed writ of Summon No: 22-NCC-273-09/2015 and Statement of Claim on 24 September 2015. The action was brought by Dato’ Tey Por Yee (the “Plaintiff”), a former director of the Company, against the Company and 39 other Defendants, being the following:
Yap Kok Weng Gan Ber Koon Low Thiam Chin Soh Hee Pin Lim Eng Tiong Thum Kok Mun Ng Giap Sheng Lau Cheh Chai Tan Chon Hoo @ Tan Choon Hoo Pau Siew Kee Tan Tze Fong Sze See Chuen Lee Chin Chow Tan Bee Kheng Tan Choon Kee Lou Ai Chou Tan Choon Yean Wong Choe Kong Tan Kwee Hong @ Tan Kwee Lian Pau Shian Hai Ngan Bee Poh Chang Khim Wah Tang Pei Ee Ong Yew Leng Sun Chu Thiam @ Soon Chu Thiam Tan Sau Mooi Loh Khee Feei Kang Choon Leu @ Kang Chee Sim Khow Eng Guan Thean Lip Chong Quah Joo Leng Credit Industriale et Commercial Quah Keat Kar @ Kuah Kiat Ka Koh Wei Sheng Lai Siew Thai @ Lai Siew Ti Chong Voon Ying Koh Wei Thong Koh Siang Siang Wong Tuck Kuan
The Plaintiff’s claim is as follows:-
A declaration that defendants other than the Company are parties acting in concert in the acquisition of control of the Company; A declaration that the defendants other than the Company have breached the Malaysian Code on Take-Overs and Mergers 2010 and the Capital Markets and Services Act 2007 in failing to make a mandatory general offer for the shares of the Company; An order directing the defendants other than the Company or one or more of them to make a mandatory general offer for the shares in the Company in accordance with the Malaysian Code on Take-Overs and Mergers 2010; and An order restraining other defendants, or any one or more of them, their servants and agents:- (a) from holding or proceeding with any Extraordinary General Meeting or Annual General Meeting or any other meeting of the Company or any adjournment thereof; (b) appointing a director to the Board of Directors of the Company; (c) from removing or threatening to remove a director from the Company’s Board of Directors or to request for the resignation of a director from the Company’s Board of Directors; (d) proposing or voting for a resolution to remove any director of the Company at any Extraordinary General Meeting or Annual General Meeting or any other meeting of the Company; and/or (e) from voting or causing to any person from voting any of the other defendants shares in the Company, whether held in their name of beneficially held for them in the name of others or held by nominees as security for the facility; (f) from disposing or dealing with any of their shares in the Company; until an offer document in accordance with the Malaysian Code on Take-Overs and Mergers 2010 is sent to the shareholders of the Company.
No remedy is sought against the Company per se and accordingly, the Company is unable at this juncture to determine the impact of this action on the financial position of the Company.
The Company has instructed its solicitors to enter appearance.
Hey Nightkids..still around in Wintoni forum...hahahah....yeah...still alive but now not easy to play as the shares uptrend are limited. Anyway look at Wintoni now...from those days....it went up everyday to now ....lying low....those were the days.. How are you doing?
i now less play tech share...kena trap by bintai...how about priva,AWC,wintoni this few counter all is u likely counter...i think earn alot this few counter rite,richkid? haha
jsflim Ya just realize also a few users like newly create keep promoting the same thing again and again... mm... trying to scare people? Dont know what they trying to do?
i'm so worried right now coz of i've buy a lot of wintoni share wt the price 0.320 and now ths stock seems like ringgit down..hi geng...i need ur advice please....
@Nightkids Relax..share market is always there. Wait for the best time to buy and accumulate and you will get back all your losses. Now cash is king. Ringgit falling down. So if you see any good quality shares that dropped to a very affordable level, you can buy some to keep...I mean buy a bit slowly. Just keep your bullets in case it still come down further. Don't buy maximum of your capital. You will get stuck and unable to move. Reserves some free flow cash. Then you will be able to move to buy lower to average and escape whenever there is a rebound. For Wintoni's case, better stay out and sell off first. The boardroom tussle and legal proceedings are going on. So don't gamble. Move on to other shares like IFCA, Systech and Thheavy. IFCA is rebounding. Systech is reliable. Thheavy although is making losses but there are some big investors coming to save it. So I buy some to keep. Others like Priva, K1, Biohldg, Scanwolf and Comcorp can monitor. Buy on dips and sell on strength.
According to bursa friend. Yap and the others all from same company. Funny why they all work together go into wintoni. No asset and so small, pn17 anytime. That is why play fire and get burn now. All have to gang up answer court and prepare money do general offer else may get jail.
Chang kim wah and yap kok weng same company. So as others one gang. They plan to take over this small company very funny. Until break law, now being sued to do GO. Those can wait may get reward, if not may get burnt. Pop corn and sofa watch the show.
Wah...Court case?? where can we read the news? in BURSA can? because shall transparent on this kind news... Reward to people got GO? how? by general offer.....it will when?
to those who trying to scare people, a public listed CEO and director with years of experience in market going to risk their reputation and break the laws? please be logical, what did they gain by doing that? people invest money in it for their own reason. you may succeed in scaring some users here but not everyone.
and when you trying to create new account with different username, please be more creative and not repeatly use back the same username pattern. copy pasting the same blog with only 2 article inside does not create fear anyway.
Yap kok weng and chang khim wah and 40 other staff of sp setia act on their own team on wintoni plan. Nothing to do with tan sri liew. Don't get it wrong. If they wants to do GO, SC is very slow so don't worry. It will take ages. Price is well controlled, will goes up. GO price 40 sen means only ringgit 200 million, not much.
Wintoni please return it back the confidence of investors. Wintoni should think of it as soon as possible solution the make it grow back...if not all will assume that wintoni was manipulated price..
After XOX , KNM-WA is my target...knm mother too expensive to play...flying like a star...cheaper to play knm-wa started flying at 8.5 sen...now only 10.5 sen..
Back door also must follow law and respect plc minority shareholders. Too late, damage done, have to do GO. Else hostile back side get jail like Anwar how? Gang back side somemore, all go in together. If no solution become gn3, then toilet paper.
The gang rapist leader brain got problem. Straight driving the fans to Holland. Pity.
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Posted by Ykwgirl > 2015-09-29 14:17 | Report Abuse
Looks like Chong ket pen funded Yap kok weng trying to take advantage and kill company by avoiding General Offer. Straight breaking law commit crime, causing company lost business and pn17. Run for cover!