Shitt why? sunddently FINTEC comes in as a substantial shareholder! Don't you think it is comes from the same group syndicate/operator to Goreng, Pls be careful ! I think they form a big group like a pyramid network to play the game. There acquire more share into the company to join as a goreng team. The syndicate Goreng more volume or create volume or price up down like a rollercoaster & give more fake news to make everybody into the trap. This is my point of view, doesn't mean it is correct, any comment dear ?
Fintec Global Berhad, formerly known as Asia Bioenergy Technologies Berhad, is a technology incubation and investment holding company. The Company's major business activities are categorized into four segments, namely Technology incubation, Portfolio investment, Biotechnology products and Oil & gas services.
FINTEC GLOBAL BERHAD INCUBATEES The Group’s current investment focus is on six key industries: Renewable Energy (VSolar Group Berhad), Engineering (AT Systematization Berhad), Food and Beverage (Focus Dynamics Group Berhad), Financial and Application Technology (NetX Holdings Berhad), Oil and Gas (AsiaBio Petrolelum Sdn Bhd) and Halal Food Production (AsiaBio Capital Sdn Bhd)
Reference is made to the 4 Subscription Agreements dated 1 September 2020 entered into between GPA and the Subscribers (Dato’ Eddie Ong, Ang Lin Chu, Lim Poh Yit and Dato’ Tee Tiam Hock) for the subscription of a total of 294,146,000 Placement Shares to be issued pursuant to the Proposed Private Placement.
On behalf of the Board, Mercury Securities wishes to announce that the Company and the Subscribers have mutually agreed to terminate the Subscription Agreements on 8 October 2020. Following the termination, the Subscription Agreements shall be terminated and rescinded and none of the parties shall have any further rights or obligations whatsoever under the Subscription Agreements save for the surviving provisions in Clause 16.3 of the Subscription Agreements and neither party to the Subscription Agreements shall have any claim whatsoever against the other.
With Tesla coming into the picture, the imminent closure of ATW has been taken completely off the table. All 210 jobs in the company would also be preserved, which should give Tesla and its German workforce a notable boost considering the caliber of ATW’s engineers. Considering that ATW was on the way towards bankruptcy when it was acquired, speculations suggest that Tesla may have received a very good deal in the acquisition.
Reports indicated that ATW’s business partners had received notifications on Tuesday that the company had agreed to be taken over by a manufacturer of electric vehicles from California. Tesla was not specifically named in the communication, though word quickly got around in the industry. A toast in ATW’s Neuwied site was held on Friday as well, in celebration of the takeover from Tesla.
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Posted by jungleboy > 2020-10-02 10:32 | Report Abuse
sooo many parties interested in gpa...