Minorities share holders can form a group to sue the BOD if they have suffer any losses as the result of this selfish personal decision made by the board
Meanwhile- some shareholders starts to apply to malaysia book of record for category of::
Rm 800 million free encumbranced listed company with its land declare to be insolvent due to rm 200k debt
Oops.. courtesy from zul - qualufied accountant cpa from islamic uni n inmate of sg bulohneighbouring najeeb n rozmah ( renowned world class kleptocrat) ??
If not wrong, the land is pegged against the preference shares issued at subsidiary level. Believe the Malay were the subscriber. Anything to deal with the land must seek consent from the preference share holders unless or until it is fully redeemed. No one can touch the land even if TWL controls the board later
Seacera wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") has approved the request for suspension in the trading of Seacera's shares with effect from Friday, 26 April 2019 pending the release of a material announcement.
The request for suspension is made under subparagraph 3.1(c) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Securities.
My friend few days cannot sleep....he will unload at all cost during opening tomorrow and never look back. Need throw fast before big boy got force selling.
Zul 1% - when resume trading, pls make sure to sell at 1.5 c as suggested by certain sane lots here - bcos company pn17 why keep buying, cabut la, there are still many good construction company like what i had bought- ekovest wct gadang gamuda etcetc ma
Pn17- declared because zul 1% ONLY holding 1% of share so hard to hold on his position longer hence hopefully panic shareholders will dump its share to him at 1.5c then he could recontrol d company
This type of directer protect shareholder interest or ruining shareholder interest for his own interest?
I think this is tan’s doing. Zul disposing his shares, no point pushing the counter to pn17. While tan is the one accumulating the shares. Could be good news for medium to long term.
Evil Strategy by BOD Back Fires Induced PN17 Announcement cause the share price to temporary fall. Good news for predators as they can now accumulate shares on the cheap. BOD are managing on borrowed time as they will be removed ultimately.
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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....
Lam Fook Leong
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Posted by Lam Fook Leong > 2019-04-28 19:04 | Report Abuse
Minorities share holders can form a group to sue the BOD if they have suffer any losses as the result of this selfish personal decision made by the board