Posted by Bullish > 2019-04-16 18:09 | Report Abuse

What do u mean cancel? I mean today’s EGM

Posted by fredablim > 2019-04-16 19:07 | Report Abuse

Yes cancelled co announced:

The Board of Directors of Seacera Group Berhad wishes to announce that the elected Chairman had adjourned the Extraordinary General Meeting to a date to be advised later, pursuant to the Ad Interim Injuction granted by Learned Judge, details of which announced by the Company on 16 April 2019.

That’s why afternoon share price back up.

Posted by Muhammad Shahrul > 2019-04-16 19:31 | Report Abuse

What don juan said was correct..btw, eps nta margin..doesnt mean anything laa bro for the current situation..

Posted by Muhammad Shahrul > 2019-04-16 19:31 | Report Abuse

How many shares at bursa their NTA was much higher, but the prices remain low

Posted by mcchew > 2019-04-16 19:49 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/29035727

Posted by mcchew > 2019-04-16 19:50 | Report Abuse

General Meetings: Outcome of Meeting | https://www.klsescreener.com/v2/announcements/view/29035737

Posted by DON_JUAN > 2019-04-17 09:05 | Report Abuse

Seacera adjourns EGM, shareholder tussle intensifies - The Edge
Dangerouss & critical Nowww.....

Posted by HazByn > 2019-04-17 14:51 | Report Abuse

while others in bloodbath...seacera up 1 bid...

Posted by nckcm > 2019-04-17 19:45 | Report Abuse

Aiyo tomorrow limit down... sohai seacera tiger synergy boss kena reject... hahahha

Posted by Crash123456buil > 2019-04-17 20:20 | Report Abuse

Already sold 0.32

Posted by Crash123456buil > 2019-04-17 20:20 | Report Abuse

Tmr buy bck 0.21

Posted by saburo11 > 2019-04-17 20:37 | Report Abuse

nckcm..read the news properly..TWL have no intention to sell his share..he instead want to add some more..raised capital to pay a debt is not a good move and majority shareholders against the proposal..if his planning to launch a project at semenyih going smooth,long way to go seacera..

Posted by nckcm > 2019-04-17 20:48 | Report Abuse

I agree with them as well. Just to pay debt , econmy so bad now u want launch project in semenyih ? Even SP setia struggling to continue its project in semenyih.. i pass by there every month.

Posted by 劉尹光 > 2019-04-18 09:11 | Report Abuse

belum jatuh lagi...

Posted by James Ng > 2019-04-18 10:37 | Report Abuse

https://klse.i3investor.com/blogs/general/202895.jsp
[转贴] [Facebook live:浅谈Seacera Group bhd (Seacera)] - James的股票投资James Share Investing

Posted by Connie24 > 2019-04-18 14:17 | Report Abuse

Why no English forum james

Posted by Willbegood > 2019-04-18 15:40 | Report Abuse

suspend

Posted by legend > 2019-04-18 15:43 | Report Abuse

gone...limit down!

Posted by Shinnzaii > 2019-04-18 15:45 | Report Abuse

wew...look like got drama already...Dato TWL got interest to takeover...how long seacera directors can eat...hehe

Posted by xuxu > 2019-04-18 15:48 | Report Abuse

what news suspend?

Posted by Crash123456buil > 2019-04-18 16:12 | Report Abuse

Limit up rm0.90... Hhaha, i bought 0.18

Posted by Crash123456buil > 2019-04-18 16:13 | Report Abuse

Only idiot Don Juan, now working in Pelita as Coffee bancur kopi kia

Posted by Shinnzaii > 2019-04-18 16:24 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/04/18/seaceras-egm-resolutions-rejected/

Posted by Willbegood > 2019-04-18 16:33 | Report Abuse

https://www.theedgemarkets.com/article/seacera-says-may-default-loans-if-unable-complete-capitalisation-private-placement-time

Private placement

Posted by chia88 > 2019-04-18 16:42 | Report Abuse

Seacera very hot

Posted by spider68 > 2019-04-18 17:22 | Report Abuse

Not Good.

Posted by kelvin > 2019-04-18 19:18 | Report Abuse

limit down tomorrow.

Posted by mach10 > 2019-04-18 19:34 | Report Abuse

this company has serious corporate government issues. most of the present directors must be removed first.

Posted by DON_JUAN > 2019-04-18 19:49 | Report Abuse

BOOOOO CHOWWW CCCCC !

Seacera says may default on loans if unable to complete capitalisation, private placement on time
theedgemarkets.com

theedgemarkets.com

April 18, 2019 16:01 pm +08

Posted by tehckosong > 2019-04-18 22:44 | Report Abuse

Seacera directors are threatening Dato TWL team to accept the private placement or we all die together! So irresponsible management team. Should vote them out for Dato TWL team to restructure the group.

Posted by d_trade > 2019-04-18 22:51 | Report Abuse

aiseh. when mother up, son not up. when mother down, pls dont down.....

Posted by d_trade > 2019-04-18 23:21 | Report Abuse

Dato’ William Tan Wei Lian, the single largest shareholder of SEACERA Group Berhad (SEACERA) with over 16% shares owned as of 17 April, 2019 pledges to invest RM30 million or more into SEACERA to resolve the company’s cash flow and credit liability, if need be.



This is in response to SEACERA’s management voluntary announcement to Bursa Malaysia ihttp://www.bursamalaysia.com/market/listed-companies/company-announcements/6129925 for the shareholders of the Company to assess and make their own decision in view of the potential material implications as follows:



In the event of the default in payment and the Company’s inability to provide the Solvency Declaration, the Company will trigger the prescribed criteria pursuant to Paragraph 8.04 and Paragraph 2.1(f) of Practice Note 17 of the Listing Requirements. Thereafter, as an affected listed issuer, the Company will be required to amongst others, regularise its condition within the time frames permitted by Bursa Securities, failing which Bursa Securities may:-

(i) suspend the trading of the Company’s listed securities on the 6th market day after the date of notification of suspension by Bursa Securities; and

(ii) de-list the Company subject to the Company’s right to appeal against the delisting which appeal by the Company must be submitted to Bursa Securities within 5 market days from the date of notification of de-listing by Bursa Securities.inary shares in SEACERA as consideration at an issue price of RM0.21 per new SEACERA share (“Proposed Capitalisation”)



Said Dato’ William Tan, “This is obviously a scare tactic which is uncalled for. The company has, as of 31 December, 2018 net assets amounting to approximately RM838 million and 501 acres land free from encumbrances with a book value of approximately RM784 million.”



“SEACERA’s receivables amounts to approximately RM90 million. In addition, the company raised approximately RM15 million from the issuance of the Employee Share Option Scheme (ESOS) within February and March this year,” noted Dato’ William.



“Any business owner will know the company has stable financials to grow and sustain itself without being declared insolvent,” he affirmed.



It is very obvious from the company’s announcement to Bursa Malaysia, the current Management of SEACERA has failed the shareholders in acting in their interest. “Since, the current Board of Directors are so incompetent in managing the company, they should voluntarily step down and pave the way for new batch of Directors to take over the helm and resolve the company’s financials,” he quipped.



Dato’ William Tan again urge all shareholders to attend the EGM on 15 May, 2019 at Sheraton Imperial Hotel at 11.00am to remove eight (8) of SEACERA’s current 10 directors.



A total of 45 shareholders representing more than 50% (RM240 million) of SEACERA’s shares out of a paid up capital of RM474 million, attended the EGM called by the company on 16 April, 2019 and unanimously voted against and rejected the resolutions.



Dato’ William Tan has given two notices of intention to move resolutions requiring special notice pursuant to Sections 206 (3) and 322 of the Companies Act 2016 and to give notice of intention to move resolutions for removal of Directors from Office and to propose persons for election for Directors.



The six new directors proposed are Ms. Shirley Tan Lee Chin, Encik Rizvi Abdul Halim, Datin Ida Suzaini Abdullah, Mr. Clarence Yeow, Mr. Chua Eng Chin and Encik Marzuki bin Hussain.

Posted by tehckosong > 2019-04-18 23:28 | Report Abuse

Looks like a take-over drama is on the making!

Posted by d_trade > 2019-04-18 23:47 | Report Abuse

yes.... with d assets reported, should d drama end well. but who knows......

Posted by Crash123456buil > 2019-04-19 00:06 | Report Abuse

Future tmrm15.80

Posted by tctrader > 2019-04-19 08:15 | Report Abuse

must buy. good chance to buy low.

Posted by tctrader > 2019-04-19 08:17 | Report Abuse

https://www.enanyang.my/news/20190419/%E4%B8%9C%E5%8D%97%E4%BA%9A%E7%93%B7%E7%A0%96%E6%9C%89%E9%99%A4%E7%89%8C%E9%A3%8E%E9%99%A9br-%E9%99%88%E7%BB%B4%E5%B9%B4%E6%84%BF%E6%B3%A8%E8%B5%843000%E4%B8%87/

Posted by DON_JUAN > 2019-04-19 08:32 | Report Abuse

Critical & Dangerouss now !

Posted by icecool > 2019-04-19 08:55 | Report Abuse

pn17 ?

Posted by Shinnzaii > 2019-04-19 09:51 | Report Abuse

wont be PN17 one...except director purposely make the liability bigger larh...hehe

Posted by spider68 > 2019-04-19 10:28 | Report Abuse

The directors appears to be very competent in safeguarding shareholders interest as follows: -

1) At one point of time their margin calls fiasco had caused the share prices to nose dive.
2) All the previous private placements proposed and effected were set at dirt low prices & the investors were never revealed.
3) Continue to draw director fees & benefits despite their high level of competency.
4) Not willing to relinquish their directorship although their shareholdings are presently sold down to a negligible percentage.
5) Chose to instil panic instead of confidence vide their latest voluntary disclosure report.

Posted by Investsucess > 2019-04-19 10:30 | Report Abuse

Dont worry, william tan have just pledge 30 millions ringgit to settle the debts, buy now ,news out 5 minutes ago

Posted by Muhammad Shahrul > 2019-04-19 10:38 | Report Abuse

You can put seacera at the watchlist counter, but for the time being better dont jump in first..

What we can hope are the take over will be done and replace the incompetent directors..

Posted by Invest Apatah > 2019-04-19 10:40 | Report Abuse

Why this two announcement is contravene to one another? TWL said he got 16% now company claim request from this 4 shareholders to hold the EGM is less 10%... Sorry I'm just the beginner, still try to understand

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6131209

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6130785

Posted by prince4 > 2019-04-19 10:40 | Report Abuse

seacera 死死啦 ！

Posted by Invest Apatah > 2019-04-19 10:45 | Report Abuse

A good day to 死死啦

Posted by firehawk > 2019-04-19 10:47 | Report Abuse

The Board of Directors of SEACERA wishes to announce that the Company had on 15 April 2019 received a Notice of Extraordinary General Meeting (“EGM”) dated 15 April 2019 for an EGM to be held on 15 May 2019 at 11:00 a.m. pursuant to Section 310(b) of the Companies Act 2016 (“Act”) to consider resolutions to appoint six (6) persons as new Directors and to remove eight (8) existing Directors (“Notice of EGM”). The EGM is called by four (4) members of the Company, namely Dato’ Tan Wei Lian, Datin Sek Chian Nee, Jeannie Ooi Chin Nee and Liu Zhen (“Tan Wei Lian & Others”). The Notice of EGM was accompanied by Notice of Intention issued by Tan Wei Lian & Others pursuant to Sections 206(3) and 322 of the Act (“Notice of Intention”).



In the Notice of Intention, Tan Wei Lian & Others claimed that they are members of the Company holding at least ten per centum (10%) of the issued share capital of the Company in aggregate. The Company had obtained its Record of Depositors (“ROD”) as at 15 April 2019, which conclusively confirms that Tan Wei Lian & Others were not members holding 10% of the issued share capital of the Company in aggregate as at 15 April 2019 (date of the Notice of EGM). For avoidance of doubts, Tan Wei Lian & Other are members of 7.98% only of the Company.



Therefore, the Notice of EGM is in contravention of the Act. It is unlawful, null and void. The Company had engaged Messrs Lim, Chong, Phang & Amy to take necessary action(s) against Tan Wei Lian & Others.



The Company will make further announcements on the development thereof accordingly.



This announcement is dated 19 April 2019.

Posted by Investsucess > 2019-04-19 10:47 | Report Abuse

Be positive, The chinese william Tan pledge to settle the loan 30 millions 20 minutes ago, must kick out the idiots directot holding less than 1 %

Posted by Shinnzaii > 2019-04-19 10:48 | Report Abuse

Very competent...exercise ESOS throw in the market instead of buying back share to increase your shareholding...high level of competency

Posted by firehawk > 2019-04-19 10:50 | Report Abuse

Notice of EGM is unlawful ... and legal action will be taken against TWL?