Tiger Synergy: Draws market attention. Tiger Synergy, which saw the entry of two new major shareholders recently, drew market attention yesterday as it was the most active stock with 96.9m shares traded. The stock climbed as much as 13% at the noon break after the real estate developer said major shareholders had served a notice requesting an EGM to remove the current board and appoint a new one. (Financial Daily)
Tiger Synergy Bhd's board of directors will convene a meeting by end of this month to discuss steps to be taken in respect of the letter and the notice received from Hayat Maya Sdn Bhd and Syawaras Sdn Bhd.
"It's difficult to call for a meeting now because some of the board members are overseas on holiday," Tiger Synergy Executive Director Shirley Tan Lee Chin told a media briefing today.
Tan said the company has also engaged lawyers to advise the board on the matter.
Tiger Synergy has received a letter dated Dec 7 and a notice pursuant to Section 128 and 153 of the Companies Act 1965, both from Hayat Maya and Syawaras.
The letter and notice requests for an extraordinary general meeting to beheld to propose and move a resolution to remove the entire board of directors and appoint Datuk Seri Mohd Nadzmi Mohd Salleh, Datuk Seri Abdul Azim Mohd Zabidi and Abdul Rahim Abdul Rahman as Tiger Synergy's directors. -- Bernama
If they fail to remove the directors....do you think they will keep quite....no ...no...no....they will launch plan B...general offer..as in the news at 60 sen
TIGER SYNERGY BERHAD ("TSB" or the "Company") Article Published in theNanyang Siang Pao under Business Section on Tuesday 11 December 2012
We refer to the article published in the Nanyang Siang Pao under Business Section on Tuesday 11 December 2012 whereby it was rumoured that if both Dato' Seri Azim Bin Zabidi and Dato' Sri Mohd. Nadzmi Bin Mohd Salleh are to be appointed to the Board of Directors of Tiger Synergy Berhad and with the existing Board members removed, they would bring in business contracts worth RM3.0 billion to Tiger Synergy Berhad. The Board of Directors of TSB wishes to announce that TSB has made inquiries to both Dato' Seri Abdul Azim Bin Zabidi and Dato' Sri Mohd. Nadzim Bin Mohd Salleh on the truth of the contents of the said article but as of the date of this announcement, TSB has yet to receive any replies or responses from them.
The Company will make the necessary announcement to Bursa Securities upon receipt of their replies or responses on the subject matter.
Morning.. aummmzzz.. Tiger also want to rest ma..after being chased Tiger felt so tired, need smthg umpphh to drink and don't know which drink to choose either Tiger Beer or Tiger Fluid ma... hemmm so which one?
becareful Big Snake is staring at Tiger ..waiting to swollow .. maybe at the end Tiger and Snake have to be in court to settle.. or fully settled hikhik.. smiles..
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bursabulltrader
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Posted by bursabulltrader > 2012-12-11 13:08 | Report Abuse
OxOpss...yes babystocker..TIGER.. Lets ride with tiger...its is a heart popping ride...roller coaster going to end soon...ready For rocket launch...