Two Seacera Group Bhd shareholders are seeking to block the appointment of six new directors at an extraordinary general meeting (EGM) scheduled for early next month.
Seacera told Bursa Malaysia that it received a notice from AEV Engineering & Trading Sdn Bhd and Fantastic Fortress Sdn Bhd, who claimed to hold at least 2.5% of the company’s paid up capital, seeking to invalidate the appointment of any new person to the board, apart from nine existing directors, at the EGM to be held on Dec 3.
battle is not today... it is 29th Nov battlefield is not here in KLSE... it is in the AGM the prize is not share price appreciation... it is the 740m semenyih land...
Ron make a point... who ever lose the battle next week will certainly leave the boardroom and shareholder for good...
prepare yourself...
for now...let them chase as many shareholding as they want to push their candidate into the board...
1. Only members whose names appear on the Record of Depositors as at 22 November 2019 shall be entitled to attend, speak and vote at the Annual General Meeting.
today sell , t+2 only delivery , means t+1 still on record date which is tomorrow. Means Mr tan still have the right to vote. so strong selling power , u think is who
If u look at the situation, TWL talk so much but no power, after he enter the race to acquire Seacera, not only share price don’t move but even drop. He even sell his shares and got snooked by the old management. Until now he failed to takeover the board. Fintec is the one with power. Share price rocket after they become substantial shareholders and challenge TWL. I believe Fintec will win.
as you can see, Fintech stop buying on 6 Nov at maximum price 0.335, after that price sky rocket towards 50 cents, that must be from different parties not associated with Fintech. .. or, maybe the other parties also work along side Fintech, ..but if they have sold all at 50 cents, banyak untung wooo!!
Tomorrow AGM, both Fintec and TWL nominating 6 directors. Before Fintech it was just TWL. Now is 2 parties fighting for control. Whoever win doesn’t matter now as they will bring the co out of PN17.
Heard there was fighting at the AGM over ballot box cheating. It goes to show how valuable Seacera is. If is a piece of junk then no one bother.
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Posted by mk00001 > 2019-11-19 10:27 | Report Abuse
Two Seacera Group Bhd shareholders are seeking to block the appointment of six new directors at an extraordinary general meeting (EGM) scheduled for early next month.
Seacera told Bursa Malaysia that it received a notice from AEV Engineering & Trading Sdn Bhd and Fantastic Fortress Sdn Bhd, who claimed to hold at least 2.5% of the company’s paid up capital, seeking to invalidate the appointment of any new person to the board, apart from nine existing directors, at the EGM to be held on Dec 3.