@spider28, the main cause of the 106.77% turnover against the enlarged capital was due to big churning of shares by certain group of peoples, most notably the owner, Tan Wei Lian. He has a bad reputation in Seremban where the company headquartered. If you walk in and go look see in their office for 5 minutes, I can almost certainly guarantee that the moment you come out, you will immediately use your hp to call your remisier and SELL all. Don't believe? I give you a hint, Dato' Bridget Lai, ex-CEO of Alliance Bank who was suspended. You go and figure the rest out
I bought Tiger 20 Lots@ 0.275 and subscribed the rights as well. But, CUT LOSS@ 0.13 this afternoon. Looking at the trend after spoken to few closed reminsers, it will surely come down to 0.09.... FXXX TIGER!!!
HOPE EVERYONE CAN PLAY THEIR PART TO KNOCK THE BURSA DOOR TO FOSTER THE WITHDRAWL OF ITS RIGHTS. AND ALL THE MONEY REFUNDED TO SUBSCRIBER!!! FXXX TIGER!!!
alex: the company just thru the right issue(0.20 per share) raised RM 85M,much much more than the 8m+5m=13m for whatever dateline you been crowing abt.....just thot u need to rethink the basis of your bearishness. Last few days volume sellers have been dumping their shares JUST SUBSCRIBED few days ago at 0.20, if this is a GENUINE disposal, the 2 major shareholders must be just discharged from Tanjung Rambutan....
This sharp downward spiral in price below 0.20 (right issue-oversubscription 22% conducted by your beloved TA) in relative thin volume within 5 days WILL PERMANENTLY damage whatever business confidence or credence or image of the major shders, if not restituted immediately,especially since TanWeelian just declared acquiring 5.5+3.0=8.0m shares IN THE OPEN MARKET on 18 n 19 December --- do you think the Surveyrence Unit of the SC will SLEEP THRU this DERANGE PLAY to plague the KLSE into the WORST 3RD WORLD BOURSE
i hope u all not greedy. pls sell out now. tiger is cocordile goreng up d. can run pls run now. if u trust ur self then just keep it. merry christmas to u all :)
I wanted to accumulate more at 14sen but my remisier said to hold first coz another 3sen drop be striking by next week... wat's going on in this counter seriously?
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.
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....
mazli
55 posts
Posted by mazli > 2013-12-23 18:05 | Report Abuse
Tomorrow dowm ?