Some advised from my remiser. He advised me not to sell off any Tiger shares.
Alex_theking ... I think the legal case have been announced on the Bursa and everyone can read about this too. And still many big guns buy buy sell sell ....
Maybe like you say ... they really have a good news soon ...
Posted by chowchow > Dec 12, 2013 03:23 PM | Report Abuse
Some advised from my remiser. He advised me not to sell off any Tiger shares.
Alex_theking ... I think the legal case have been announced on the Bursa and everyone can read about this too. And still many big guns buy buy sell sell ....
Maybe like you say ... they really have a good news soon ...
ask your remiser own self BUY !!, you sell all your to him @23 also !! if you not manage to chowwwww your OR (too bad), what you can do now is RUN as fast as possible on the mother, when you see penny stock sellers keep come out(exactly happening now in tiger)non stop ! dont ask remiser, you shout to remiser just sell !!!!!! after that all buyers just missing and follow by force selling!!!
@chowchow look like you kena trapped liow !! you got no choice on OR have to fork out another 20 sen to buy the right !! what you can do now is sell all 300 mother NOW !!!!!!!!!!!!!!!! then use 20 sen to buy right(must buy you got NO choice) hopefully new warrant will open a good price. remember must sell quick if not when right come out it will drop to 16 to 20 sen range !!!(this share is too big liow can not support punya )
(a) Amount owing to Directors represents advances from Directors which are unsecured, interest-free and repayable on demand.
(b) Included in other payables of the Group are:-
(i) deposits received of RM650,923/- from vendors for the disposal of 11 pieces of freehold lands and; (ii) deposits received of RM449,380/- from vendors for the disposal of 24 units of freehold apartments.
(iii) amounts of RM1.8 million payable to the Plaintiffs of a legal case as disclosed in Note 36(b) to the financial statements.
Pls check in page 103
36. MATERIAL LITIGATION
(a) A legal action was initiated against Minply Industries (M) Sdn Bhd, a wholly owned subsidiary of the Company by Sunliq Sdn. Bhd. for the breached Terms pursuant to a Letter of Offer dated 16th March 2011. The case currently seeking Summary Judgement pursuant to Order 26A of the Subordinate Courts Act 1980 that the Defendant pay to the Plaintiff the sum RM81,132/- at the rate of 8% from the date of the Summons till date of judgement thereof.
The Court has allowed the Plaintiff’s application for summary judgement and the said amount has been fully settled during the financial period.
(b) A legal action was initiated by Tang Yit Fun and Tang Yit Peng (“the Plaintiffs”) against Tiger Synergy Berhad (“the Company”), Goldenier Property Management Sdn. Bhd (“GPM SB”), Janavista Sdn. Bhd, Tan Wei Lian and Tan Lee Chin (“the Defendants”) for a sum of RM4,575,000 and specific performance and damages for breach of contract. This case was fixed for hearing before the Honourable Judge Tuan Vazeer Alam Bin Mydin Meera on the 16th and 17th of October, 2013.
Consent Judgement was entered without liability. The Company and GPMSB are both jointly and severally liable to the Plaintiffs for the payment of RM1.8 million and the delivery of two units of properties with the title no. HSD222956, PT No. 8650 and HSD No 222958 PT No. 8652 (“the Properties”). In the event the Company and GPMSB are unable to deliver the Properties, the Company and GPMSB shall pay an amount of RM3.2 million to the Plaintiff. Other terms of settlement were stated in the Company’s announcement to Bursa Malaysia Securities Berhad on 21st October 2013.
new investor ...tis company need to paid rm8 mil to settle legal case by early jan 2014 n 5mil short term loan with ta capital sdn bhd... total rm13 mil by early 2014... play safe... don't put all your money in tis counter it will by big trap.... later u settle their fines and loans...
Posted by Harvard57 > Dec 12, 2013 03:43 PM | Report Abuse X
Posted by chowchow > Dec 12, 2013 03:23 PM | Report Abuse
Some advised from my remiser. He advised me not to sell off any Tiger shares.
ask your remiser own self BUY !!, you sell all your to him @23 also !! if you not manage to chowwwww your OR (too bad), what you can do now is RUN as fast as possible on the mother, when you see penny stock sellers keep come out(exactly happening now in tiger)non stop ! dont ask remiser, you shout to remiser just sell !!!!!! after that all buyers just missing and follow by force selling!!!
@chowchow, i hope you chowww all your tiger !! as i said sure gone case punya......very soon will drop to 18 sen !!!!
hi chow chow and harvard57,jkflim... your all said that your remiser advice not to sell c now wat happen right now... went to 0.205... maybe i think your remiser advice u sell in downtrend to take lost..hahahaha lucky i sell in 0.225 last 2 week after faizal advice...
i already advice on 13/12/13 play safe... don't put all your money in tis counter it will by big trap.... later u settle their fines and loans... RM13 mil they need to paid out by early jan 2014 for legal case and short term loan with ta capital ....
@alex, read again my earlier posting before putting my name with all these jokers !!!!!!!!!!!! thank you !!! next time read and understand first then only commend !! anyway no hard feeling tq
With reference to the Company’s announcement dated 12 August 2013 and 27 September 2013. The Board of Directors of TIGER SYNERGY BERHAD (“the Company”) wish to update the Exchange on the following legal case of the subsidiary of the Company:-
A writ summon has been served by Tang Yit Fun (“ 1st Plaintiff) and Tang Yit Peng (“2nd Plaintiff’) against Tiger Synergy Berhad (“the Company”), Goldenier Property Management Sdn. Bhd. (GPMSB), Janavista Sdn Bhd (“JSB”) & 2 others [“the Defendants”] for the sum of RM4,575,000.00and specific performance and damages for breach of contract , interest and costs. GPMSB is the wholly-owned subsidiary of the Company.
This case was fixed for hearing before the Honourable Judge Tuan Vazeer Alam Bin Mydin Meera on the 16th and 17th day of October, 2013.
It is adjudged by consent and without admission of liability by any party herein that in full and final settlement of all disputes arising by all the parties hereto, the Company and GPMSB do jointly and severally:-
(1) pay to the Plaintiffs on or before 17th January 2014, the sum of Ringgit One Million and Eight Hundred Thousand (RM1,800,000-00) only by way of bankers chequein the name of the Plaintiff’s Solicitors, Najiana Wan Balbir;
(2) On or before 17 April 2014, undertake to deliver to the Plaintiff’s solicitors:
(a) the issue Document of Title HSD222956, PT No. 8650,Pekan Baru Sungai Buloh Daerah Petaling,; andHSD No 222958 PT No. 8652 Pekan Baru Sungai Buloh; free from all encumbrance and with vacant possession; (b) together with the consent to transfer from the state authority; (c) and the Memorandum of Transfer duly executed in the name of the 1st Plaintiff or the nominee duly nominated by her if she so wishes to nominate such a party with the stamp duty paid; (d) And the quit rent and assessment receipts all duly paid up to date; and (e) all requisite documents required to register the Property’s transfer.
(3) The Plaintiffs may appoint a nominee upon being notified that the Property is ready for transfer.
(4) The First Plaintiff and JSB shall discontinue the Kuala Lumpur High Court Action No 22-20-2010 with no order as to costs;
(5) the Parties hereby agree that each party shall have no further claim against each other their respective rights whatsoever against each other pursuant to the Shares Sale Agreement dated 19th December 2006 and Supplemental Agreement dated 17th January 2007 which shall cease to have effect forthwith;
(6) IN THE EVENT that the Company and GPMSB are unable to deliver to the Plaintiffs or her nominee the instruments mentioned at paragraph (2)(a) above, the Company and GPMSB shall, prior to the expiry of 17.04.2014 propose such other Properties of the equivalent value of Ringgit Three Million and Two Hundred Thousand (RM3,200,000.00) only to the 1st Plaintiff. THAT THE 1st Plaintiff may in her absolute discretion accept or reject within 7 days of such notification from the Company and GPMSB;
(7) AND if the 1st Plaintiff rejects the proposed properties in para (6) above, the Company and GPMSB hereby agree that they shall pay the balance of the Settlement Sum of Ringgit Three Million and Two Hundred Thousand (RM3,200,000.00) only within 7 days of such written notification from the 1st Plaintiff.
(8) AND IN DEFAULT of any of the terms of the settlement hereinabove, the Company and GPMSB shall pay the Plaintiffs the sum of Ringgit Five Million (RM5,000,000.00) only or any balance remaining outstanding with interest on the amount outstanding at the rate of 10% per annum from 1-1-2008 until full settlement.
(9) That the Plaintiffs shall withdraw the claim against the 1st, 2nd, 3rd, 4th and 5th Defendants with no order as to costs;
(10) That the 1st, 2nd, 3rd, 4th and 5th Defendants shall withdraw the counterclaim against the Plaintiffs with no order as to costs.
its ok !! but let me tell you alex !!! the price come down is nothing to do with legal case !!! the price will keep coming down is BECAUSE big distribution in progress !!! i already noticed last week "people" are full force selling !!! I expect they throw out 30 50 million(base on my judgement) in open market !!! just wait few days sure got announcement on big disposal !!! play share do not stubborn !!! a share gone case mean gone case, dont ever trust those counter will push up for you to run !!!!
director where got brother ??? you are real joker !!! normally tiger boss style is this week announce bought few hundred thousand shares from his own kaki !1 week later announce sell 20 million shares !!!!! many times also like that !!! last time he gang up with azim play the same trick !!! Azim learnt from him also play the same trick on Patimas !!! what to do, too many stupid greedy fool in the market !! this type of game will only end when all retailers lost all the money. but will start again when you save enough for them to take from you again !!!!
Hi Guy... i just remind back to new invester ...not to old investor They have legal case need to settle by early Jan 2014 ...just wait until they settle legal case first... Play safe...
(a) Amount owing to Directors represents advances from Directors which are unsecured, interest-free and repayable on demand.
(b) Included in other payables of the Group are:-
(i) deposits received of RM650,923/- from vendors for the disposal of 11 pieces of freehold lands and; (ii) deposits received of RM449,380/- from vendors for the disposal of 24 units of freehold apartments.
(iii) amounts of RM1.8 million payable to the Plaintiffs of a legal case as disclosed in Note 36(b) to the financial statements.
Pls check in page 103
36. MATERIAL LITIGATION
(a) A legal action was initiated against Minply Industries (M) Sdn Bhd, a wholly owned subsidiary of the Company by Sunliq Sdn. Bhd. for the breached Terms pursuant to a Letter of Offer dated 16th March 2011. The case currently seeking Summary Judgement pursuant to Order 26A of the Subordinate Courts Act 1980 that the Defendant pay to the Plaintiff the sum RM81,132/- at the rate of 8% from the date of the Summons till date of judgement thereof.
The Court has allowed the Plaintiff’s application for summary judgement and the said amount has been fully settled during the financial period.
(b) A legal action was initiated by Tang Yit Fun and Tang Yit Peng (“the Plaintiffs”) against Tiger Synergy Berhad (“the Company”), Goldenier Property Management Sdn. Bhd (“GPM SB”), Janavista Sdn. Bhd, Tan Wei Lian and Tan Lee Chin (“the Defendants”) for a sum of RM4,575,000 and specific performance and damages for breach of contract. This case was fixed for hearing before the Honourable Judge Tuan Vazeer Alam Bin Mydin Meera on the 16th and 17th of October, 2013.
Consent Judgement was entered without liability. The Company and GPMSB are both jointly and severally liable to the Plaintiffs for the payment of RM1.8 million and the delivery of two units of properties with the title no. HSD222956, PT No. 8650 and HSD No 222958 PT No. 8652 (“the Properties”). In the event the Company and GPMSB are unable to deliver the Properties, the Company and GPMSB shall pay an amount of RM3.2 million to the Plaintiff. Other terms of settlement were stated in the Company’s announcement to Bursa Malaysia Securities Berhad on 21st October 2013.
Some advised from my remiser. He advised me not to sell off any Tiger shares.
ask your remiser own self BUY !!, you sell all your to him @23 also !! if you not manage to chowwwww your OR (too bad), what you can do now is RUN as fast as possible on the mother, when you see penny stock sellers keep come out(exactly happening now in tiger)non stop ! dont ask remiser, you shout to remiser just sell !!!!!! after that all buyers just missing and follow by force selling!!!
@chowchow, i hope you chowww all your tiger !! as i said sure gone case punya......very soon will drop to 18 sen !!!!
i hope all tiger fan here learn from this painful lesson !! stay out first !!! dont average !!!
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....
BBB79
2,689 posts
Posted by BBB79 > 2013-12-12 15:06 | Report Abuse
wah, who buy at 0.215 huat lol, tiger roar...