Shariff is Mahathir, is tun daim, is opporsition PAS. Najib punya enemy. Causing company to suspended and die killing all shareholders. No good people either.
Pnbbroker... really political play counter now isit? Whats the prize two groups fighting for in zero company? If true somehow mca,umno dont go hand in hand with cleaning up corruption anywhere haha
Nothing to do with politic. Think too high of the criminals. Just few robbers trying to pretend heroes but actually taking plc benefits to themselves. Shall be punished for taking all shareholders for free.
The directors why no sc report? No agm, no business and not doing any work. Later comes out some f shareholder trick like share combine scheme. 30 shares cut become 1 share type of scam. Someone do something?
OTHERS WINTONI GROUP BERHAD ("WINTONI" OR THE "COMPANY") REQUISITE ANNOUNCEMENT REGULARISATION PLAN TO THE RELEVANT REGULATORY AUTHORITIES UNDER GUIDANCE NOTE 3 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
WINTONI GROUP BERHAD
Type Announcement Subject OTHERS Description WINTONI GROUP BERHAD ("WINTONI" OR THE "COMPANY") REQUISITE ANNOUNCEMENT REGULARISATION PLAN TO THE RELEVANT REGULATORY AUTHORITIES UNDER GUIDANCE NOTE 3 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD Reference is made to the Company's announcement dated 15 February 2017 and 8 March 2017.
The Board of Directors of WINTONI wishes to announce that the Company will not be seeking an extension of time to submit the Requisite Announcement to Bursa Malaysia Securities Berhad.
As announced previously, Bursa Malaysia Securities Berhad has the right to proceed to suspend the trading of the listed securities of the Company and to de-list the Company in the event that:-
(i) the Company fails to make the Requisite Announcement on or before 16 June 2017;
(ii) the Company fails to submit the regularisation plan to the regulatory authorities on or before 26 August 2017;
(iii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; and
(iv) the Company fails to implement its regularisation plan within the timeframe or extended timeframe stipulated by any of the regulatory authorities.
Upon occurence of any of the events set out in paragraphs (i) to (v) above, Bursa Securities shall suspend the trading of the listed securities of Wintoni on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting.
WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Wintoni Group Berhad ("Wintoni" or the "Company") Appointment of Interim Liquidator
WINTONI GROUP BERHAD
Type Announcement Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR Description Wintoni Group Berhad ("Wintoni" or the "Company") Appointment of Interim Liquidator The Board of Directors of Wintoni, having formed an opinion that the company cannot by reason of its liabilities continue its business, has appointed Mohd Afrizan bin Husain of Aftaas Corporate Advisory Services Sdn Bhd as an Interim Liquidator for the purpose of facilitating a creditors' voluntary winding up pursuant to Section 440 of the Companies Act, 2016.
Further announcement on the matter will be made in due course.
Announcement Subject OTHERS Description Wintoni Group Berhad ("Wintoni" or the "Company") Lodgement of Police Report The Board of Directors of Wintoni wishes to inform that an Executive Director of the Company had on 19 June 2017, lodged a Police Report on possible wrongdoings by Dato' Tey Por Yee, a past Director of Wintoni who is suspected in causing RM53 million being unaccounted for and/or misappropriated from the Company. The Police was requested to investigate the potential wrongdoings under the Penal Code and Anti Money Laundering and Anti Terrorism Act.
Basically Mak Lin Kum the lawyer who cannot make money from Teh Por Yee had used Wintoni directors to: 1. Purposely asking to delist the company. A head of new shareholder EGM tomorrow 2. Purposely put allegation plug from sky to once again defame Teh Por Yee (like he did using other companies whom Mak Lin Kum hold ransome) 3. A head of shareholders meeting tomorrow appoint some liquidator to tarnish wintoni
If you are really wintoni shareholder, last time Mak Lin Kum bully Yap Kok Weng also using illegal method, once cannot make money from his client, is doing same to his client.
Listen to lawyers. This is what innocent investors will get into. All shareholders shall jointly pool a fund to sue these irresponsible raiders and criminals to jail. Pretenders but actually crooks. They though Bursa is part of this? If certain people in Bursa allow such to happen, investors shall really question the credibility of authority allowing PLC directors being used to blackmail shareholders. Shareholsers are the biggest losers. Are you shareholder?
What happen next? The company failed to submit the Requisite Announcement b4 16 of June .. bursa has the right to delist the company... anyone has any idea what's going on?
Company die because of Tey Por Yee. Toxic. Every company he go in he steal money. Then when company die he blame the sky, the moon, the trees. Criminal
Such obvious abuses by mak lin kum, and the 3 culprit directors shariff omar, ahmad amryn and raja, for not submit annual return, no AGM, and cause investors to face delisting etc, still you can blame teh. You got fired because you are not competent. Thumbs up mate. You are qualified to enter mental illness hospital.
Forget about bursa and SC. They choose to do nothing looking at homicide live on stage. Do you think they care? Shareholders better vote for their own faith.
Bursa and SC are really good for nothing ??seeing such huge losses and liabilities, Wintoni should have been suspended for the protection of innocent investors...
Innocent shareholders already shareholders. Got nothing to do with the culprit directors and that lawyer. Go make themselves useful by commit suicide. Do society a favor. shareholders here suffer for their shares being caused by them to be suspended. Its as good as kill people in the thousands. There must be thousands of shareholders here.
Can we hold this criminal director accountable? Put this people in jail la. Or bursa personnel jailed for not doing their proper diligence. Useless people no need to protect them.
What is the result? Have too little shares else also goes there shout at the directors. Shariff, amryn and raja something. Also this Mak Lin Kum guy. Who is he?
How is egm result? Bursa anyone still functioning? The law breaking directors though of fooling people over night appoint receiver or liquidator. Its invalid lah. Else anyone can simply appoint and cause you trouble tomorrow. There is something call court. No court decision nothing is valid for any appointment.
Someone going to get in big trouble abiding with the culprits.
The culprit would be burying themselves if lied to bursa no money and got personal money go for court? Liquidator also would be such ugly conspired to even be appointed by Mak the lawyer. Bunch of rats.
The culprits Mak Lin Kum's group Shariff Omar, Amryn and Raja Kamarudin fired. New directors appointed.
100% voted. Wow! "ALL" angry shareholders! Anyone there today?
GENERAL MEETINGS: Outcome of Meeting
WINTONI GROUP BERHAD
Type of Meeting Extraordinary General Meeting Indicator Outcome of Meeting Date of Meeting 20 Jun 2017 Time 10:00 AM Venue 1st Floor, Cheng Yi Auditorium, The Kuala Lumpur And Selangor Chinese Assembly Hall, No. 1, Jalan Maharajalela, 50150 Kuala Lumpur Outcome of Meeting The Board of Directors of WINTONI GROUP BERHAD (“the Company”) is pleased to announce that all the Ordinary Resolutions as set out in the Notice of Extraordinary General Meeting ("EGM") of the Company dated 2 June 2017, were unanimously passed by the shareholders of the Company at the EGM held today, Tuesday , 20 June 2017. All the resolutions were approved by way of voting on poll and the results of the poll are as per attachment.
This announcement is dated 20 June 2017.
Please refer attachment below.
Attachments
Wintoni Poll Results.pdf 23.2 kB
Announcement Info Company Name WINTONI GROUP BERHAD Stock Name WINTONI Date Announced 20 Jun 2017 Category General Meeting Reference Number GMA-20062017-00019
Wintoni Group Bhd EGM 100% voted out former directors. Illegal liquidator, self-delist culprits ran? Author: lawyerwho | Publish date: Tue, 20 Jun 2017, 05:41 PM
20 June 2017, Kuala Lumpur - Software company Wintoni Group Bhd had today went through Extraordinary General Meeting (EGM) were 100% shareholders voted for the removal of 3 former directors namely its non-executive chairman Datuk Seri Mohd Shariff Omar and executive directors Ahmad Amryn Abdul Malik and Raja Kamarudin Raja Adnan; and successfully appointed 3 new directors to the board, namely Cheah Kwong Lee, Mohd Nasir bin Salleh, and Wong Mei Thien.
Resistance & Expelled with No Honor?
However, to transition from the now former board of directors were not handled over with honor. Instead of carrying their duty as the board of directors, which shall report to shareholders, they had 1 day before EGM rush out few announcements in Bursa website trying to smear and character assassinates their perceived former owner, Dato Tey Por Yee; as well as self-declared to Bursa Malaysia asking for delisting; and illegally self-appointed liquidator in hope to fool Bursa Malaysia and the shareholders.
Liquidator by who for whom?
According to the law of Malaysia and Company Act, there is a time period of 30 days to call for interim liquidators, so as shall be called by "members" of a company. The word "members" was believed to be a dark chapter of Malaysia corporate history, where the other public listed company Ire-Tex Corp Bhd, happens to be held hostage by Mak Lin Kum, Shariff Omar and Ahmad Amryn, had fooled the market causing harm and damages to shareholders when court took the easy way out despite shareholders had spoken in the last EGM. The same word "members" would put a stop to the reckless extortion of the trio.
Extortion by Directors & Lawyer?
The "lawyer", market pointed out clearly leading to one Mak Lin Kum, which would explain who gives such typical excuses for the 2 announcements. The first reads "The Board of Directors of WINTONI wishes to announce that the Company will not be seeking an extension of time to submit the Requisite Announcement to Bursa Malaysia Securities Berhad." Followed by the second announcement "The Board of Directors of Wintoni, having formed an opinion that the company cannot by reason of its liabilities continue its business, has appointed Mohd Afrizan bin Husain of Aftaas Corporate Advisory Services Sdn Bhd as an Interim Liquidator for the purpose of facilitating a creditors' voluntary winding up pursuant to Section 440 of the Companies Act, 2016."
Such unusual use of BursaLink has raised serious governance and system credibility issue in the market as if directors being named to be removed means they can smear whoever they want and abuse the system as they wish, and authorities and shareholders can't do anything about it. The tumor in the system is creating precedence for more commercial brutality examples, with serious consequences which may plug the capital market if more companies follow.
Mak Lin Kum was the legal advisor who markets perceived hired by Dato Tey Por Yee back in the year 2015 which caused the hostile takeover of Wintoni by one Yap Kok Weng collapse. The modus operandi of one Mak Lin Kum was bulldozing breaking the law, and smear names to cause over 70 shareholders of Wintoni linked to Yap Kok Weng being acting in concert, alleged violating General Offer (GO) and Take Over Rules.y Yap
What's Into Smear of Names and Character Assassination?
The strange behavior and motivation behind the 3 directors and their lawyer Mak Lin Kum had seen series of strange announcements involving Ire-Tex Corp Bhd, R&A Telecommunication Bhd, and latest Wintoni Group Bhd, with the sole purpose, is to smear names and character assassinate their target, Dato Tey Por Yee. The Executive Director, one Ahmad Amryn which likely reported polis Yesterday, which is a day ahead of EGM, alleging the target Dato Tey causing some RM53 million losses. Such bizarre assumption can clearly see from Wintoni year 2015 write off of RM53 million Information Technology (IT) assets, which is common in software industry when technology is already redundant. The cause of the write-off was due to an earlier hostile takeover by a group of investors, the market believed inspired by another public listed company director, Chong Ket Pen of Protasco Bhd.
Despite speculation of greed and personal agenda, the reputation and cost of breaking all directors duty do not seem to justify their reckless action. The motive and incentive are way beyond what they did, leaving plenty of imagination in the market. Perhaps it's time for an upgrade of real corporate governance to regain investors confidence putting their money in shares.
Rather than punishing the board directors, yhe board punished shareholders by delisting Wintoni stock. What bursa and sc are doing to protect the company and shareholders? Nothing except allowing delisting which Malaysia is 1 country having the highest delisting & listing activities globally. Why the directors are let go & enjoying directors fees but not accountable?
" @willc48 Rather than punishing the board directors, yhe board punished shareholders by delisting Wintoni stock. What bursa and sc are doing to protect the company and shareholders? "
lololol
Bursa and sc loves conspiracy, rumors, and PI stories. Investigate this and that, delist this and that.
Situation like wintoni, shareholders shall ask bursa and sc give 6 months to recover properly. The poor retired investor bought into wintoni then directors "purposely made it suspend and purposely punish shareholder by delisting". If bursa and sc "help them" or "happen to fall into their maze", who shall protect shareholders then?
They are given until the end of this month to submit the requisite announcement.. let's wait till then.. hopefully good news under new management..
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Pnbbroker
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Posted by Pnbbroker > 2017-06-04 19:49 | Report Abuse
Shariff is Mahathir, is tun daim, is opporsition PAS. Najib punya enemy. Causing company to suspended and die killing all shareholders. No good people either.