Owner injected business into the PLC but every time instead of taking cash out which most business ppl would, he took shares every time. And every subsequent time, the price was lower meaning he kept taking more shares meaning he believes in the company as he would have benefitted alot more taking cash instead.
If you are an old shareholder, you either write off or buy more at this level as too low not to avg. If ur new shareholder how much lower can this go logically. This is not a syndicate stock and owner is running a real business.
Rights issue was fully subscribed or which a portion was the excess taken by the owner himself.
OCR is suing Kumpulan Jetson Bhd over alleged breaches of a RM88.0mn contract to build four blocks of serviced apartments in Jalan Yap Kwan Seng, Kuala Lumpur. If successful, OCR will receive compensation
So called the ocr mgt emily n billy sue their own contractor partner Jetson. And con people, owe ppl money no pay, are sure bad guys. Deserve to be in pn17
The lawsuit involves a RM88.03 million contract for a project in Jalan Yap Kwan Seng, Kuala Lumpur, which JCSB allegedly failed to complete as per the contract terms
If OCR wins this case, it could potentially claim RM30.88 million, or an amount to be assessed by the tribunal, for the additional costs of appointing a replacement contractor
Elevate Your Lifestyle at Stellar Damansara: Pet-Friendly Luxury Condos from RM1.7 Million - Stellar Damansara, part of OCR Group Berhad’s Luxury Living series, caters to the upper-end market, targeting discerning residents of Petaling Jaya and surrounding areas looking to upgrade.
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