Posted by firehawk > 2019-04-19 10:54 | Report Abuse

TWL gave false info. on his holding %?

Posted by Shinnzaii > 2019-04-19 10:55 | Report Abuse

Aiyo...just watch drama only...hehe

Posted by Willbegood > 2019-04-19 11:00 | Report Abuse

Flying soon

Posted by Syndicates > 2019-04-19 11:10 | Report Abuse

i'm very confused. can anyone tell me the story from the beginning?
TWL said the EGM has 51% to vote against., why the chairman simply adjourned the EGM after the result?

Posted by spider68 > 2019-04-19 11:28 | Report Abuse

On 14 Nov 2018, there was a private placement exercise whereby 37.53 million new shares were issued @ discounted/dirt cheap price of RM 0.192, representing more than 5% of total issued share capital. The private placement investor's identity were not revealed nor there was there any announcement of a new substantial shareholder owning shares more than 5%. There can be two possibilities, either: -

1) There are more than one (1) private placement investors, each holding less than 5% of the total issued share capital; or
2) The private placement investor may have sold all or part of his/her/their shareholding immediately on the open market on 14 Nov 2018, to make fast profits. On the very same day, 64.22 million shares were traded and the share price dropped from RM 0.255 to RM 0.225.

Judging from the above, I think the directors do diligently look after the shareholders interest.

Posted by Invest Apatah > 2019-04-19 11:35 | Report Abuse

Syndicates, this might answer u... TWL take legal action to stop the proceeding of EGM of the 2 motion. So on the EGM, the Chairman adjourned the meeting b4 the meeting started... MAYBE TWL smell something fishes was going on

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6128017

Once the meeting is adjourned the existing shareholders who come for the meeting proceed wt the meeting by appoint new Chairperson. Then they wanted the mtg is taken as legal

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

Now I wait for the next episode.. (eating my popcorn)

Posted by Shinnzaii > 2019-04-19 11:40 | Report Abuse

Secretary also changed...fishy fishy...hehe...so gan jeong already...faster next episode larh...if Dato TWL acquired more shares then xfer to his members then real drama lai liao...hehe

Posted by tehckosong > 2019-04-19 11:41 | 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 tehckosong > 2019-04-19 11:42 | Report Abuse

Which one is the correct one? 7.98% or 16% as published in Bursa??

Posted by tehckosong > 2019-04-19 11:43 | Report Abuse

http://malaysiastock.biz/Company-Announcement.aspx?id=1135778

Here said 16.4%

Posted by spider68 > 2019-04-19 11:48 | Report Abuse

Particulars of substantial Securities Holder
Name DATO TAN WEI LIAN
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 20 Mar 2019
3,000,000
Acquired Direct Interest
Name of registered holder Dato' Tan Wei Lian
Address of registered holder 5084, Jalan Kilat, 70200 Seremban, Negeri Sembilan
Description of "Others" Type of Transaction
2 21 Mar 2019
3,284,200
Acquired Direct Interest
Name of registered holder Dato' Tan Wei Lian
Address of registered holder 5084, Jalan Kilat, 70200 Seremban, Negeri Sembilan
Description of "Others" Type of Transaction
3 22 Mar 2019
3,500,000
Acquired Direct Interest
Name of registered holder Dato' Tan Wei Lian
Address of registered holder 5084, Jalan Kilat, 70200 Seremban, Negeri Sembilan
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of Shares in the Open Market
Nature of interest Direct Interest
Direct (units) 65,140,100
Direct (%) 13.96

Posted by spider68 > 2019-04-19 11:50 | Report Abuse

Based on the above, TWL's shareholdings as at 22 March 2019 was 13.96%.

Posted by Shinnzaii > 2019-04-19 12:04 | Report Abuse

Spider68 one is collect one before you call for EGM one....might be this secretary add something to let the pools bigger then actually you only owned 7.98%hehe...maybe include the ESOS...hehe

Posted by Invest Apatah > 2019-04-19 12:08 | Report Abuse

But why TWL calling off the EGM.. expected on 29th? Is he really owned more than 10% to call for EGM... Aiyaa he got fund or not for the RM30M to invest and settle the credit facility???? Hand on my forehead already

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6122017

http://www.bernama.com/en/news.php?id=1717946

Posted by Shinnzaii > 2019-04-19 12:12 | Report Abuse

seacera directors reject mah...hehe...treasure hunter vs treasure guardian...who will win?hehe

Posted by spider68 > 2019-04-19 12:16 | Report Abuse

I think TWL intends to call for another EGM on 15 May 2019.

Posted by spider68 > 2019-04-19 12:18 | Report Abuse

Harimau tak boleh jaga masih mahu jaga laut.

Posted by Ttstty > 2019-04-19 12:45 | Report Abuse

Dia mau kasih Harimau tengelam dalam laut

Posted by Invest Apatah > 2019-04-19 12:57 | Report Abuse

But ending story from the movie of Life of Pi, the tiger survived but missing in the jungle

Posted by firehawk > 2019-04-19 14:44 | Report Abuse

7.98%; 16.4% ..... only one of these is correct, cannot be both, right?

Posted by tehckosong > 2019-04-19 18:26 | Report Abuse

Reference is made to the Company's announcement dated 19 April 2019.



The Company refers to its announcement on the even date regarding the Notice of Extraordinary General Meeting (“EGM”) and Notice of Intention both dated 15 April 2019, both issued by Dato’ Tan Wei Lian, Datin Sek Chian Nee, Jeannie Ooi Chin Nee and Liu Zhen (“Tan Wei Lian & Others”). 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 verified with its Registrar and the Record of Depositors, and had conclusively confirmed 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). Therefore, the Notice of EGM and Notice of Intention are unlawful, null and void.



As a result, the Company wishes to announce that the Company had filed an originating summons against Tan Wei Lian & other, where the Company is seeking, inter alia-



1. Declaration that the Notice of intention and Notice of EGM notice is null and void; and



2. Damages.



The Company had also filed an application to restrain Dato' Tan Wei Lian and others from, inter alia, taking any further steps in respect of the notice of intention and notice of EGM.



The Company will make further announcement once the cause papers were extracted.



This announcement is dated 19 April 2019.

Posted by tehckosong > 2019-04-19 18:27 | Report Abuse

It is getting hotter now. I wonder how Datuk TWL will response.

Posted by spider68 > 2019-04-19 19:11 | Report Abuse

Legal fees use company's money or own money? Some directors have also sold down their shareholdings to zero or to an almost negligible percentage. Why sell if so confident & want to continue to look after shareholders interest at heart.

Posted by mach10 > 2019-04-19 19:48 | Report Abuse

those directors is trying to milking the company by issuing cheap ESOS for themself and sold for big profit.

Posted by Muhammad Shahrul > 2019-04-19 19:52 | Report Abuse

Pray for Dato TWL & the team success in take over the co..

Posted by firehawk > 2019-04-19 20:14 | Report Abuse

until now TWL keeps quiet .... the company announcement is probably true .....

Posted by spider68 > 2019-04-20 07:12 | Report Abuse

Material Litigation pls use yr own money & not the company's money.

Posted by Invest Apatah > 2019-04-20 12:02 | Report Abuse

"Tiger Synergy needs attention, too"

I saw that news... TWL was paid RM872K, his wife 365K and daughter 405K cash+shares for remuneration/ salary in 2018. If he come to Seacera it is a big money to pay for them. The minority in Tiger Synergy wonder if he can revive the company.. now he pledged to invest over RM30M in Seacera to resolve its cash flow.

I wonder how long he have been with Tiger Synergy Bhd? How strong the company's shares and many project completed when he was in the picture of Tiger. Is Minority of Seacera's shareholder going to wonder like them too. I hope TWL at the right side and he will bring Seacera to the business again.

Posted by godhand1234 > 2019-04-20 20:33 | Report Abuse

Is it the contra/margin calculation in different way?

Posted by Lam Fook Leong > 2019-04-21 00:28 | Report Abuse

Tiger share price until now still cannot move up more than 10 cent after so many years, no improvement, why? either expenses too much or company don't have much projects, do you hope this type of management teams here? i rather choose the existing team with the new share holders!

Posted by Dickyyou > 2019-04-21 23:56 | Report Abuse

DATUK MANSOR BIN MASIKON 19-Apr-2019 Disposed 150,000 - View Detail
ENCIK ZULKARNIN BIN ARIFFIN 19-Apr-2019 Disposed 1,506,733 - View Detail
ENCIK ZULKARNIN BIN ARIFFIN 19-Apr-2019 Disposed 100,000 - View Detail
ENCIK ZULKARNIN BIN ARIFFIN 19-Apr-2019 Disposed 200,000 - View Detail
ENCIK ZULKARNIN BIN ARIFFIN 19-Apr-2019 Disposed 34,700 - View Detail
ENCIK HALIM @ AB HALIM BIN ISMAIL 16-Apr-2019 Disposed 1,473,100 0.315 View Detail
ENCIK HALIM @ AB HALIM BIN ISMAIL 15-Apr-2019 Disposed 26,900 0.315 View Detail
ENCIK ZULKARNIN BIN ARIFFIN 03-Apr-2019 Disposed 463,942 0.325 View Detail
ENCIK ZULKARNIN BIN ARIFFIN 03-Apr-2019 Disposed 258,000 0.325

Posted by Invest Apatah > 2019-04-22 10:12 | Report Abuse

Hmmm... existing BOD disposed their shares, I think I can smell something terrible might happen. Plus after the issue on debt announcement and the company financial issue

Posted by SorosOnDuty > 2019-04-22 11:05 | Report Abuse

Bad news is always a good news. Malaysia stock pattern

Posted by tehckosong > 2019-04-22 13:10 | Report Abuse

Reference is made to the news article entitled "Seacera pares loss after major shareholder pledges to invest RM30mil" published on The Star Online on 19 April 2019 (“Article”).



It was mentioned in the Article that "...Datuk William Tan Wei Lian, the single largest shareholder of Seacera with a 16.4% stake, has pledged to inject RM30mil, or more into the company to resolve its cash flow and credit liability, if need be".



The Board of Directors of the Company ("Board") wishes to clarify that:-



(i) the said shareholder has not engaged the management and/or the Board of Seacera on any proposal to inject RM30 million or more into the Company. Accordingly, the management and the Board of Seacera are unable to confirm on the veracity of the Article.



Furthermore, without further information, the Company is unable to assess on whether the implementation of such proposal (if any) is viable and adequately comprehensive to address the current financial concerns of Seacera. In order to ensure the successful implementation of any such proposal, the Company will also require the undertaking shareholder to provide proof for financing for verification purpose prior to the Board tabling such proposal to the shareholders for approval.



(ii) as set out in the circular to shareholders of the Company dated 1 April 2019 and voluntary announcement dated 18 April 2019, the Seacera's group of companies ("Group") is in dire need for funds to immediately address its current critical liquidity concerns. Such concerns are raised after taking into consideration:-



(a) the Group’s debt obligations towards various stakeholders including trade and other payables as well as financial institutions whereby the Group’s total liabilities (excluding deferred tax liabilities) based on unaudited statements of financial position as at 31 December 2018 stands at RM99.43 million; and



(b) the Group’s lack of liquid assets (in the form of cash and cash equivalents) to meet its financial obligations as well as working capital requirements based on unaudited statements of financial position at 31 December 2018, the Group’s cash and cash equivalents stands at RM5.47 million only.



With the Group’s total liabilities (excluding deferred tax liabilities) as disclosed above of close to RM100 million vis-à-vis its cash and cash equivalents of RM5.47 million as at 31 December 2018, the Board is of the view that an amount of RM30 million, even if available, is far from sufficient to resolve the Group’s liquidity concerns.



In view of the potential material implications of events currently affecting the Company as set out in the voluntary announcement dated 18 April 2019, the Board has been taking proactive measures/steps to address the crisis currently faced by the Group.



This announcement is dated 22 April 2019.

Posted by HazByn > 2019-04-22 16:34 | Report Abuse

suspend?

Posted by Willbegood > 2019-04-22 16:36 | Report Abuse

what's happening again???????

Posted by tehckosong > 2019-04-22 16:48 | Report Abuse

JV with OCR to develop Semenyih land...

Posted by Shinnzaii > 2019-04-22 17:00 | Report Abuse

land unlock already...Dato TWL hunt fail?mau keep share or dispose?hehe

Posted by godhand1234 > 2019-04-22 17:06 | Report Abuse

If I am TWL, I will hold.. The good news pushing the share price up and increase his wealth.

Posted by Muhammad Shahrul > 2019-04-22 17:11 | Report Abuse

Same, if I am TWL, I will hold and even purchase new shares to control the company.. even can sack any directors I want..

If I dont want to develop land, I still can wait..

Posted by Shinnzaii > 2019-04-22 17:12 | Report Abuse

Then he must do it before any agreement sign before too late...hehehe

Posted by Invest Apatah > 2019-04-22 18:02 | Report Abuse

3rd time suspend in a month????

If "I am TWL"... hehehe I dont want to be TWL

What I can conclude from his shareholding %. If the Seacera say it is less 10% but he claim more than 10%, his shares is under nominees, and that 's why the EGM notice raised by few parties. It is big money if the bank call the facility approx. (16%x 437M) x 70% finance = 48Mill++.. wow..woww... woww.. really big money to loss if bank pull back margin facility to those who use it and TWL is more feel the impact. Seacera cannot wait for him till the EGM. Later land for housing development became land for corpse.. haunted by by the neighbor... Nirvana

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

Yup. Habis already.
Wants to do a RM10bil development project but yesterday announced not enough funds to keep company afloat.
So how? Rights issue or placement ? or ?

Posted by tehckosong > 2019-04-22 18:47 | Report Abuse

Reference is made to the news article entitled "Seacera pares loss after major shareholder pledges to invest RM30mil" published on The Star Online on 19 April 2019 (“Article”).



It was mentioned in the Article that "...Datuk William Tan Wei Lian, the single largest shareholder of Seacera with a 16.4% stake, has pledged to inject RM30mil, or more into the company to resolve its cash flow and credit liability, if need be".



The Board of Directors of the Company ("Board") wishes to clarify that:-



(i) the said shareholder has not engaged the management and/or the Board of Seacera on any proposal to inject RM30 million or more into the Company. Accordingly, the management and the Board of Seacera are unable to confirm on the veracity of the Article.



Furthermore, without further information, the Company is unable to assess on whether the implementation of such proposal (if any) is viable and adequately comprehensive to address the current financial concerns of Seacera. In order to ensure the successful implementation of any such proposal, the Company will also require the undertaking shareholder to provide proof for financing for verification purpose prior to the Board tabling such proposal to the shareholders for approval.



(ii) as set out in the circular to shareholders of the Company dated 1 April 2019 and voluntary announcement dated 18 April 2019, the Seacera's group of companies ("Group") is in dire need for funds to immediately address its current critical liquidity concerns. Such concerns are raised after taking into consideration:-



(a) the Group’s debt obligations towards various stakeholders including trade and other payables as well as financial institutions whereby the Group’s total liabilities (excluding deferred tax liabilities) based on unaudited statements of financial position as at 31 December 2018 stands at RM99.43 million; and



(b) the Group’s lack of liquid assets (in the form of cash and cash equivalents) to meet its financial obligations as well as working capital requirements based on unaudited statements of financial position at 31 December 2018, the Group’s cash and cash equivalents stands at RM5.47 million only.



With the Group’s total liabilities (excluding deferred tax liabilities) as disclosed above of close to RM100 million vis-à-vis its cash and cash equivalents of RM5.47 million as at 31 December 2018, the Board is of the view that an amount of RM30 million, even if available, is far from sufficient to resolve the Group’s liquidity concerns.



In view of the potential material implications of events currently affecting the Company as set out in the voluntary announcement dated 18 April 2019, the Board has been taking proactive measures/steps to address the crisis currently faced by the Group.



This announcement is dated 22 April 2019.

Posted by DON_JUAN > 2019-04-23 07:01 | Report Abuse

BOOOO CHOWWWW CCCCCCC
Cap Ayam - Holland Seacera

Posted by Aurora Borealis > 2019-04-23 08:36 | Report Abuse

Reference is made to the Company's announcement dated 19 April 2019, where the Company had filed an Originating Summons ("OS") against Dato' Tan Wei Lian, Datin Sek Chian Nee, Jeannie Ooi Chin Nee and Liu Zhen ("Tan Wei Lian & Others") in respect of the Notice of Extraordinary General Meeting ("EGM") and Notice of Intention both dated 15 April 2019.


The Company wishes to inform that the Solicitors of Tan Wei Lian & Others had no instruction to accept service of the cause papers of the OS, despite the said solicitors had previously issued a letter on behalf of Tan Wei Lian & Others in respect of the said Notice of EGM and Notice of Intention.


The Company would strive to serve the cause papers on Tan Wei Lian & Others soonest possible to prevent an illegal EGM to be called, convened and held by Tan Wei Lian & Others.


Apart from the above, the Company had on 19 April 2019 officially invited Tan Wei Lian & Others to inspect the Company's Record of Depositors as at 15 April 2019, which conclusively shows that Tan Wei Lian & Others were only members of 7.98% of the total issued shares of the Company. Unfortunately, the Company had yet to receive any response from Tan Wei Lian & Others.


This announce is dated 22 April 2019.

Posted by saburo11 > 2019-04-23 17:24 | Report Abuse

Too many drama..

Posted by Syndicates > 2019-04-23 22:10 | Report Abuse

wow more splendid than game of throne. tan wei lian this time shit on pant already ahaha. after the voluntary clarification from ekovest iwcity now seacera also follow the step to make voluntary response to UMA before bursa query them.
I hope other company will also be responsible like seacera, to find out who are manipulating their counters hahahhahah. too naive la seacera, you think operator will be easily get caught? i think they are implying TWL are the one manipulating their counter hahahhahaha.

Posted by Syndicates > 2019-04-23 22:12 | Report Abuse

bite your tail dont let you go hahahhaha

Posted by Muhammad Shahrul > 2019-04-24 11:51 | Report Abuse

I still believe Seacera is super gem company.. but kindly diversify your investment wisely..

Current Seacera maybe not good enough due to mgt probs, but im looking foward these kind of stock..

I dont when its going to proper develop the land, but who know.. maybe you can invest here as your future wealth..

But still invest wisely,