Date of change 25 Feb 2016 Name DATO' MUZAFFIRAH YURHANINGSEH MAZPUTRI BINTI TUN DATO' SRI AHMAD FAIRUZ Age 45 Nationality Malaysia Type of change Appointment Designation Member of Audit Committee Directorate Independent and Non Executive Composition of Audit Committee (Name and Directorate of members after change) 1. Dato' Muzaffirah Yurhaningseh Mazputri Binti Tun Dato' Sri Ahmad Fairuz (Independent Non-Executive Director) - Member 2. Haflil Feiruz Bin Muhammad Feisol (Independent Non-Executive Director) - Member 3. Suaran Singh A/L Himat Singh (Independent Non-Executive Director) - Member
Hope Wintoni announced the qtr for December 2015 together with delayed qtr for Sept,2015 today and possible MGO and profit also or something good or....
i think the audited accounts lies more on the external auditing firm whether are they willing to pass the report or not. Audit Committee dun do all the auditing work of the accounts. correct me if I am wrong on corporate governance
Internal auditors or committe can yes man to pass the accounts but external auditors are subject to certain auditing convention by law to verify ,qualify or unqualify the accounts accordingly
Suspension n delist are the worst expectation by investors who traded in last day of trading. A very good turning point whenever submit the quarter report. And, is juz negative 0.09 sen only. believe that new management will havegood performance to make wintoniwantanmee stronger. will have to enjoy next market. Up up up !
Previous management has some matter. That's why new party disobey and be new management. They are major shareholder also. Will have scheme towards high expenditure in administrative cost and those unknown expenditure. Delist is the worst expectation, hence this share price can be 6 cent to 9 cent.
WINTONI - Resumption of Trading WINTONI GROUP BERHAD
Further to Listing Circulars No. ILC-02122015-00003, kindly be advised that the above Company has on 26 February 2016 submitted its outstanding quarterly report for the financial period ended 30 September 2015 to Bursa Malaysia Securities Berhad for public release pursuant to Rule 9.22(1) of the Bursa Securities' ACE Market Listing Requirements.
In view of the above, please be advised that trading in the Company's securities will resume with effect from 9.00 a.m., Monday, 29 February 2016.
syed23news, agree with you. now is a psychological game. most people will rush in to sell. think out the box. if you are a substantial shareholder/director, what will you do?
I predict many shareholders of Wintoni will hold because all of them is not urgently need the cash since it already suspended/hold for 3 months. If have 20% profit margin than I will let go.
Haha , u all very lucky got second chance to run , but the price will cut half atleast becos pn 17 , u can imagine the final quarter will be very bad and estimate will lose another 30-50m ! Becareful !
Delist is much worst compare with pn17/Gn3. 6 cents has already very low price. Won't have much drastic throw in Monday but have high trading at price of 6 to 7 cents or above.
but this loss quarter and disappearance of asset was from its previous quarter. they should be submitting another quarter report end of this month. again a few possibilities. there is another possible suspension due to late submit this quarter report (intentionally or unintentionally delay again). or, they will allow the panic selldown to occur so that they can accumulate at lower price on Monday, then few days later oni release the current quarter announcement. there is also possibility the earlier quarter report was mysteriously post a huge loss and this quarter the accounts show gains. try to think of it, why they need to go through all the trouble and drama? i'm listing out all possibilities here, try to think, if you see it as a threat and join in the selldown, will there be anyone seeing tat as an opportunity?
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Report Abuse
Please Sign In to report this post as abuse.
Market Buzz
No result.
Featured Posts
MQ Trader
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 312 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11544 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
cmLai
500 posts
Posted by cmLai > 2016-02-25 07:20 | Report Abuse
MGO - Mandatory General Offer