when market down trend 4 4 days ..it still stay around 0.24 - 0.245...from observation..if it can stay at this price .. so it shall rebound...this not pn17 ...this is property counter...in the past it is active counter too without dato...bravo..wish u well n tigers to revive
it needs to rest for half a year before the next uptrending wave. Let the dato dato to finish their money then they will goreng again.. 0.24 is very strong support & they wont allow its share price to drop below 0.20..
Company Name : TIGER SYNERGY BERHAD Stock Name : TIGER Date Announced : 04/06/2013
Type : Announcement Subject : TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description : TIGER SYNERGY BERHAD ("TSB" or "the Company") PROPOSED DISPOSAL OF THE ENTIRE ISSUED AND PAID UP CAPITAL IN JANAVISTA SDN. BHD. (“JSB”), A WHOLLY-OWNED SUBSIDIARY OF TIGER SYNERGY BERHAD (“THE COMPANY”)
The Board of Directors of Tiger Synergy Berhad (“TSB” or “the Company”) is pleased to announce that the Company has agreed to dispose the entire shares of JSB comprising of 1,000,000 ordinary shares of RM 1 each in JSB for a total consideration of RM 1,000.00 to Bermont Development Sdn. Bhd. (“BDSB”). The details of the announcement are started below.
As a result of this disposal, JSB will cease to be a subsidiary company of TSB.
Information of JSB
JSB (Co.No. 369412-H), a company incorporated pursuant to the laws of Malaysia and having its’ registered address at Wisma Hwa Lian, No. 482, 2nd Floor, Jalan Zamrud 6, Taman Ko-Op, 70200 Seremban, Negeri Sembilan Darul Khusus. The authorised share capital of JSB is RM1,000,000.00 comprising of 1,000,000 ordinary shares of RM1.00 each which is fully issued and paid up.
Information of BDSB
BDSB (Co. No. 1027593-A), a company incorporated pursuant to the laws of Malaysia and having its’ registered address at Wisma 1 Alliance, Unit 3A-B (Room B), 4th Floor, No.1, Lorong Kasawari 4B, Taman Eng Ann, 41150 Klang, Selangor Darul Ehsan. It has an authorised share capital of RM100,000.00 with issued paid up capital of RM2.00. The Directors of BDSB are Wong Kiew and Cheok Chen Nam.
Date and Original Cost of Investment
The original cost of investment of JSB was NIL.
Disposal Consideration
The total cash consideration of RM1,000.00 is on a willing buyer willing seller basis and was arrived at on a commercial arms length basis.
Financial Effects on the Disposal
a) Share Capital and Substantial shareholders’ shareholdings
The Disposal will have no effect on the share capital and substantial shareholders’ shareholding in the Company.
b) Earnings
The Disposal is not expected to have any material effect on the earnings per share of the Company for the financial year ending 31st December 2011.
c) Net Assets (“NA”)
The Disposal is not expected to have any material effect on the NA per share of the Company for the financial year ending 31st December 2011.
d) Gearing
The Disposal is not expected to have any material effect on the gearing level of the Company for the financial year ending 31st December 2011.
Interest of Directors, Substantial Shareholders and Persons Connected to Such Directors And / Or Substantial Shareholders.
None of the Directors and substantial shareholders of the Company and Persons connected with them has any direct or indirect interest in the Disposal.
Approval Required
The Disposal is not subject to the approval of the shareholders of the Company and the relevant government authorities.
Directors’ Recommendation
The Board of Directors is of the opinion that the Disposal is in the best interest of the Company.
Estimated Timeframe to Complete
The Disposal is expected to be completed within Thirty (30) days from the date of this announcement.
Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
The highest percentage ratio pursuant to Paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad applicable to the Disposal is 0%
no more VIP here so the excitement become less ma! just a small rebound then trap retailer/contral again and again until burnt.. better look for other hot counter (just hot)...
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....
necro
4,726 posts
Posted by necro > 2013-06-03 15:50 | Report Abuse
Waaa ramai progol HARIMAU mati