It’s not necessarily true.. they are many ways. One of them is reverse take over that was plan earlier on. Meaning some other company take care of alll of its debts .. and I this winding up happen becoz of internal oroblem,
Even after they court had given order and reject mr cheah appeal but there’s no announcement regarding liquidation and delisting by bursa. I think there’s something going on. N hopefully I’m right
Further to the announcement made on 8 January 2018, the Company wishes to announce that Cheah Kwong Lee’s (“Applicant/Contributory”) has made an application for the following:
An appeal against the High Court decision to the Court of Appeal; and An interim injunction pending the disposal of the Applicant/Contributory’s appeal to the Court of Appeal (Encl. 42) before YA Datuk Lau Bee Lan.
Polis wanted. Mak Lin Kum the culprit, Sim Keng Siong and Mohd Afrizan. R&A and Iretex criminal captured.
Anyone found Mohd Afrizan and Mak Lin Kum inform polis. Catch the criminals causing Wintoni investors suffer. Bursa also suffer and helpless let these society garbage rob at will.
The case already been heard at court of appeal on 31 of may 2018.. and the decision of the high court was unsure/ mislead.. therefore the court of appeal decided to hear the case again at 16 of July.. looks like it will be our win this time since there’s a change in government ..
“Meanwhile, during the attendance for the case management of the above application after hearing the Appeal, the Court was informed that the High Court’s grounds of judgment is still not ready and as such, the Court fixed 16 July 2018 as the next case management date.” Dated 1 Jun 2018
if win, will take a long time to recover... last time have white knight to save the company. now become empty. not sure have anymore white knight to take over
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....
poseidon80
1,030 posts
Posted by poseidon80 > 2018-01-16 11:39 | Report Abuse
Not hope on the former director but the liquidator.. its on him either continue business or selling all the asset