SEACERA GROUP BERHAD

KLSE (MYR): SEACERA (7073)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.20

Today's Change

0.00 (0.00%)

Day's Change

0.185 - 0.20

Trading Volume

3,500


12 people like this.

8,751 comment(s). Last comment by Markv572421 2024-05-07 16:11

Ron90

4,082 posts

Posted by Ron90 > 2019-05-17 01:39 | Report Abuse

study the graph and trend, you should know what is the fair value of this stock ... its time to be in the sideline.

Not necessarily got huge land banks, the price would follow in parallel.. not easy to sell big assets. not many buyers, make take years to execute, etc..

Trouble Huat

1,199 posts

Posted by Trouble Huat > 2019-05-17 07:47 | Report Abuse

New drama episode incoming

mkmk

1,513 posts

Posted by mkmk > 2019-05-17 08:43 | Report Abuse

Will76, it is just for u... it is so dumb and silly for someone who is not interested but keep commenting here too.... u wanna buy 15 sen then come back after u buy at 15 sen la... talk so much....

makcik

125 posts

Posted by makcik > 2019-05-17 09:34 | Report Abuse

usually, when someone say SELL SELL , it will be translate as BUY BUY...

aiaili

3,184 posts

Posted by aiaili > 2019-05-18 14:58 | Report Abuse

makcik oiiii......., i don't think "BUY BUY" , it could be "BYE BYE".

dealmaker

31 posts

Posted by dealmaker > 2019-05-18 15:30 | Report Abuse

is there any EGM this month of May 2019?

Posted by Aurora Borealis > 2019-05-21 08:50 | Report Abuse

I heard they will proceed with the EGM on 29th

makcik

125 posts

Posted by makcik > 2019-05-21 09:39 | Report Abuse

memang sungguh BYE BYE laaa ..hahaha..aduhaiii

mikeann

821 posts

Posted by mikeann > 2019-05-21 22:29 | Report Abuse

Selling pressure resumes. Next support level at 0.18

VenFx

14,784 posts

Posted by VenFx > 2019-05-21 22:42 | Report Abuse

This one sure kena walloped... got goreng up a bit
No goreng , terus sinking.

Posted by godhand1234 > 2019-05-21 23:20 | Report Abuse

Good news.. seacera issuing OS to DTWL & 6 persons.. please check the 6 persons name from the google.. u will know who are they..

Posted by godhand1234 > 2019-05-21 23:20 | Report Abuse

DTWL is not alone

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2019-05-22 08:21 | Report Abuse

Believe NTA will soon be adjusted.

Trouble Huat

1,199 posts

Posted by Trouble Huat > 2019-05-22 18:45 | Report Abuse

waiting tiger dispose finish

InvestorKING

5,929 posts

Posted by InvestorKING > 2019-05-23 13:15 | Report Abuse

Buy super undervalued stock: bumi Armada

Aminvest giving discount from its valuation of 36cents, hongleong giving valuation of 33cents, hwangaffin giving 31cents valuation (all these not target price, is fair valuation price), so by right the actual fair price is around 0.33 to 0.36

But the big shark still collecting the super cheap shares around 0.18 to 0.19

But before Armada being awarded the court winning for Woodside claim soon, 20cents gap up, that time will worth for 0 50+++

Will76

591 posts

Posted by Will76 > 2019-05-23 15:37 | Report Abuse

BIG SALES COMING...

Posted by BetterTomorrow > 2019-05-24 08:02 | Report Abuse

Check balance sheet carefully. The company yet to own the land if can't pay the purchase amount to former owner . Therefore is so stupid to control the company with amount owing to former owner at least RM80mil or more

Posted by small_investor > 2019-05-24 11:24 | Report Abuse

Once DTWL dispose all this holdings from margin .. then will push back to 0.4 .. forever DTWL cannot become major shareholder

Posted by godhand1234 > 2019-05-24 18:50 | Report Abuse

Fasten your seat belt. We are ready to fly.

jien183

26 posts

Posted by jien183 > 2019-05-25 10:12 | Report Abuse

We refer to the announcements dated 16 January 2019, 22 January 2019, 4 February 2019, 18 March 2019, 1 April 2019 and 10 April 2019 in relation to the Proposals ("Announcements"). Unless stated otherwise, abbreviations and definitions used throughout this announcement shall be the same as those in the Announcements.



On behalf of the Board, IPS wishes to announce that certain conditions of the Settlement Agreements have yet to be fulfilled by the extended Cut-Off Date, being 6 May 2019. After several negotiations, Seacera was not able to obtain written agreements from all 28 Settlement Creditors to further extend the Cut-Off Date in relation to the Settlement Agreements. As such, considering that the Cut-Off Date has lapsed, Seacera has decided not to proceed with the Proposed Capitalisation.



As the Proposed Private Placement is conditional upon the Proposed Capitalisation, Seacera will also not proceed with the Proposed Private Placement.



This announcement is dated 24 May 2019.

mikeann

821 posts

Posted by mikeann > 2019-05-25 19:28 | Report Abuse

So how will announcement dated 24/5/19 affect the share price?? Bad??

goodgain

180 posts

Posted by goodgain > 2019-05-27 15:56 | Report Abuse

so what is the court result? EGM will proceed or not?

Posted by small_investor > 2019-05-27 16:28 | Report Abuse

EGM can proceed but DTWL still substantial shareholder or not ?? HAHAHA.. give a a PN17 DTWL have to force margin sell

goodgain

180 posts

Posted by goodgain > 2019-05-27 16:47 | Report Abuse

price increase today. maybe egm is a go.

Posted by martinchua88332 > 2019-05-27 16:48 | Report Abuse

Seacera says two directors resigned

https://www.theedgemarkets.com/article/seacera-says-two-directors-resigned-due-personal-reasons

the two directors resigned because they did not want to get implicated.the company has serious corporate issues.they did not want to end up in jail.

goodgain

180 posts

Posted by goodgain > 2019-05-27 17:00 | Report Abuse

resigned director also subject to legal issue if things happen during their directorship. I think they resign because they don't want to involve on the corporate fighting anymore. or be humiliate in EGM. EGM seems real.

Posted by SharehlderOppression > 2019-05-28 10:13 | Report Abuse

Obviously the two resigned directors know that what the company is doing is against the best interest of its major shareholder.
BoDs have a implicit fiduciary duty to shareholders and not for their own personal agenda.

spider68

460 posts

Posted by spider68 > 2019-05-28 10:47 | Report Abuse

Tmrw EGM on or off. Court to decide today at 2.30pm. Looking at the share price retreating most likely tmrw EGM off.

goodgain

180 posts

Posted by goodgain > 2019-05-28 12:23 | Report Abuse

yesterday court postponed to today?

spider68

460 posts

Posted by spider68 > 2019-05-28 13:26 | Report Abuse

Reference is made to the Company's announcement dated 21 May 2019 and 24 May 2019, in respect of the Originating Summons ("OS 268") filed by the Company against Dato’ Tan Wei Lian, Datin Sek Chian Nee, Jeannie Ooi Chin Nee, Dato’ Chan Chee Hong, Low Swee Foong, Liu Zhen and Ong Eng Teik (“DTWL & 6 Others”) in respect of the Notice of Extraordinary General Meeting ("EGM") and Notice of Intention both dated 30 April 2019.

The Company wishes to inform that the originating summons and the Company's application for injunction were heard this morning (27 May 2019 at 9.00 am) before YA Tuan Ong Chee Kwan. The Court had reserved its decision to 28 May 2019 at 2.30pm.

This announcement is dated 27 May 2019.

arv18

2,652 posts

Posted by arv18 > 2019-05-28 15:30 | Report Abuse

Altogether 4 directors have resigned.

arv18

2,652 posts

Posted by arv18 > 2019-05-28 15:31 | Report Abuse

Change in Boardroom - PUAN RASILA BINTI HAMZAH
Change in Boardroom - PUAN NORHANUM BINTI NORDIN
Change in Audit Committee - DATO’ SERI ABDUL AZIM BIN MOHD ZABIDI
Change in Nomination Committee - DATO SRI AZIZAN BIN AHMAD

goodgain

180 posts

Posted by goodgain > 2019-05-28 15:37 | Report Abuse

so tomorrow EGM?

goodgain

180 posts

Posted by goodgain > 2019-05-28 16:30 | Report Abuse

so 40cents incoming? the "promise dividend" will give or not? lol

arv18

2,652 posts

Posted by arv18 > 2019-05-28 17:00 | Report Abuse

Only 1 sen up. Market not very optimistic on "promises" from latuk... hehe

spider68

460 posts

Posted by spider68 > 2019-05-28 17:19 | Report Abuse

Why no announcement on status of EGM? Court decision not in someone's favour? Co. PN17 announce so fast.

Posted by jimmylai0415 > 2019-05-28 19:34 | Report Abuse

Reference is made to the Company's announcement dated 27 May 2019 in respect of the Originating Summons ("OS 268") filed by the Company against Dato’ Tan Wei Lian, Datin Sek Chian Nee, Jeannie Ooi Chin Nee, Dato’ Chan Chee Hong, Low Swee Foong, Liu Zhen and Ong Eng Teik (“DTWL

Posted by godhand1234 > 2019-05-28 19:58 | Report Abuse

EGM approved.. hooray... I’m ready to fly to the North with Dato... Those going to EGM tomorrow, see you there..

spider68

460 posts

Posted by spider68 > 2019-05-28 19:59 | Report Abuse

So tmrw EGM on? Can anyone advise?

Syndicates

875 posts

Posted by Syndicates > 2019-05-28 22:05 | Report Abuse

so the mentioned directors, who is still on board? dont be humiliated at last hahahhahahha

Posted by godhand1234 > 2019-05-28 22:05 | Report Abuse

EGM to be held on 29 May 2019 at 3:30 p.m. at Do2@M Meeting Room, Mezzanine Floor, Sheraton Imperial Kuala Lumpur Hotel, Jalan Sultan Ismail, 50250 Kuala Lumpur

spider68

460 posts

Posted by spider68 > 2019-05-29 00:11 | Report Abuse

Will the directors turn up for tmrw EGM?

goodgain

180 posts

Posted by goodgain > 2019-05-29 09:52 | Report Abuse

can we attend the egm even without invitation? i have the company shares

Posted by Wong Yi Ming > 2019-05-29 10:12 | Report Abuse

Sure goodgain

jien183

26 posts

Posted by jien183 > 2019-05-29 11:30 | Report Abuse

Anybody going egm?

kenie

761 posts

Posted by kenie > 2019-10-19 16:25 | Report Abuse

SEACERA GROUP BERHAD Kuala Lumpur High Court Originating Summon No: WA-24NCC-268-05/2019 between Seacera Group Berhad("Plaintiff") v Dato Tan Wei Lian, Datin Sek Chian Nee, Jeannie Ooi Chin Nee,Dato Chan Chee Hong, Low Swee Foong, Liu Zhen and Ong Eng Teik

kenie

761 posts

Posted by kenie > 2019-05-29 12:19 | Report Abuse

The High Court has fixed Monday to hear Seacera Group Bhd’s application for a declaration that a notice of extraordinary general meeting filed by a group of shareholders is null and void.
The PN17 company said this in a filing with Bursa Malaysia today with regards to the notice of EGM dated April 30.
The EGM, scheduled to be held on May 29, was requisitioned by substantial shareholder Datuk William Tan Wei Lian and six other shareholders — Datin Sek Chian Nee, Jeannie Ooi Chin Nee, Datuk Chan Chee Hong, Low Swee Foong, Liu Zhen and Ong Eng Taik.
In a separate filing, Seacera said the court has fixed May 28 to decide whether or not the company has to disclose its record of depositors to the seven shareholders.
The seven want the record in text format to be produced at or before 10am on May 28 “for purposes of the proposed EGM”.
The seven, representing a combined stake of at least 10% in the tile manufacturing company, called for the EGM to remove eight directors from the company and appoint new ones.
Rasila Hamzah, Norhanum Nordin, Halim Ismail, Mohd Fazillah Kamaruddin, Datuk Mansor Masikon, Datuk Seri Azizan Ahmad, Zulkarnin Ariffin and Datuk Seri Abdul Mohd Zabidi are the directors that they are targeting to exit the group,
In their place, they are proposing Tan Lee Chin, Razvi Abdul Halim, Datin Ida Suzaini, Clarence Yeow Kong Chew, Chua Eng Chin, Marzuki Hussain, Tengku Ahmad Badli Shah Raja Hussin and Ong Eng Taik.

Post a Comment
Market Buzz