I sold all my tiger share already。。。hurray cut loss and run。12 cent。。。 I lose 8 cent per unit but still consider lucky already。cb mr tan family makan gaji buta ,conpany losing money but get million salary with 5% share 。wtf 5%share get million salary?
As at end-March, Tiger Synergy had a net asset value per share of 39 sen, largely made up of its land bank. The company’s 2018 annual report states that it owns a 5.5-acre parcel of vacant development land in Rawang, Selangor, with a net book value of RM28.74 million; two acres of vacant development land in Cheras with a net book value of RM18.24 million; and 1.17 acres in Mukim Batu, Kuala Lumpur, with a net book value of RM17.64 million, as well as several smaller parcels. These parcels were acquired more than three years ago.
tiger will shoot up 0.32. Previous 0.08 , 4::1. After restructur 0.08*4=0.32 Those idiot sold 0.12 is damp idiot like pig. Wait 3 mths , 0.32++++ All idiot butard I hv collect since 0.045....500k lots only Another counter Alam, wll shoot 0.50 Those sokud 0.14 is babi bodoh
Run as fasssssst....... as you can!!. Tiger is an empty shell playing to the gallery of retailers greeds. Owner is sellin plenty and buying few to play up the market sentiments. The company has no fundamentals except some land bank and useless businesses where it can't go big or small save for the Tan family to leech up the market retail players stupidity.
TIGER? No devidend history! Net Profit FY11 1518m, FY12 -1707m, FY13 3950m, FY14 132m, FY15 -2051m, FY16 -1907m, FY17 -6091m, FY18 -3619m, and FY19 -666m. Right Issue Y13 1:1 @0.20, and Y16 2:1 @0.08. Y18 Consolidation 4:1. There must be courage to raise a tiger!
Seacera Group Bhd The battle for control of loss-making Practice Note 17 (PN17) company, Seacera Group Bhd, when news broke out sometime in April this year, had puzzled many in the investing fraternity until they realised it has a 51% stake in a massive 501.5-acre (202.95 ha) land — roughly the size of 380 football fields — in Semenyih, Selangor.
Based on a 2016 valuation, the land is worth about RM786.43 million. Seacera is reportedly partnering OCR Group Bhd to undertake a mixed project with a gross development value of RM10 billion.
So it was not surprising that some shareholders, led by Datuk Tan Wei Lian — who emerged in the company in February — together with his sister Shirley Tan Lee Chin, tried to wrestle control of the board.
To do so, Wei Lian, who is also Tiger Synergy executive chairman, sought to have an extraordinary general meeting (EGM) to remove Seacera’s existing board members and appoint new ones, including Lee Chin. But Wei Lian’s efforts were repeatedly blocked, and even when the EGM went ahead, its validity was not recognised. The once single largest shareholder of Seacera with a 16.36% stake had since pared down his stake to 1.02% as at Oct 10, according to Seacera’s latest annual report, where JS Portfolio was listed with the biggest stake of 4.72%.
In October, several shareholders, including Wei Lian’s wife Datin Sek Chian Nee and JS Portfolio, again tried to call for an EGM scheduled for Dec 3 to appoint Lee Chin and five others as directors, and to remove the existing line-up. But Seacera’s management managed to get a court injunction on Dec 2 to block the meeting.
Tiger Synergy Bhd The Tans, meanwhile, have also been busy defending their management positions in their home turf of Tiger Synergy, where another power tussle is going on with a substantial shareholder, Safari Alliance Sdn Bhd.
Wei Lian holds the executive chairmanship in Tiger Synergy, where his wife Sek is an executive director, and his sister Lee Chin the managing director.
Safari Alliance had reportedly written to Bina Management (M) Sdn Bhd, the share registrar of Tiger Synergy, to get a copy of the Register of Members/Record of Depositors, in order to call for an EGM under Section 310(b) of the Companies Act 2016. This section states that a shareholder, or shareholders with at least a 10% stake, can convene an EGM.
However, Safari Alliance’s request was not met and so it sought the court’s intervention to get hold of the list, according to Tiger Synergy’s filing with Bursa Malaysia on Aug 21, 2019.
A consent order was then recorded on Nov 26 for the list to be provided to Safari, which was duly furnished on Dec 6.
Safari Alliance, which owned an 11.83% stake in Tiger Synergy as at July 19 this year, is the vehicle of Goh Ching Mun, who has a 13.43% stake in Tiger Synergy in his private capacity.
This gives Goh, one of the founders of OldTown Bhd, control over 25.26% of Tiger Synergy. Safari Alliance and Goh are said to be vexed at some corporate deals Tiger Synergy had undertaken in the past five years.
Wei Lian, in response, filed a suit on Oct 2 against Goh, Safari Alliance and several others, claiming they have been acting in concert to seek control of the company with more than 33% of its shares, but did not make a mandatory general offer. Meanwhile, Wei Lian and his family have been increasing their shareholding in Tiger Synergy. As at Dec 18, they held 11.11%, as opposed to 5.12% as at Aug 20.
I tell you already is pussy cat not tiger。。。my lovely brother pariaking。。。。。we sell at 12cent is stupid but you sell at 8cent is very clever? we don't believe nta 30cents nta or anything about this conpany not company becos this mr tan not doing anything just con investor money。mr pariaking you still too young and childish。many thing you dunno and you believe is a big lie to con investor like you。this company more than 5 years director makan gaji buta。 I know what you mean but you dunno us, this company value is the landmark in bank only. This is a property company need to build house not put the land for borrowing money.
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Tiong Kung King Zien
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Posted by Tiong Kung King Zien > 2019-12-11 14:52 | Report Abuse
bursa malaysia sleeping? 5%share still can be director?