DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD TA WIN HOLDINGS BERHAD
Subject Intention to Deal During Closed Period
No Salutation Name Designation Description Of "Others" Designation
1 DATO SRI NGU TIENG UNG, JP Executive Director Nature of Interest Direct Interest Description of Securities Ordinary Shares No of Securities Held 19,250,000 % of Securities Held 0.561
2 DATO SRI NGU TIENG UNG, JP Executive Director Nature of Interest Indirect Interest Description of Securities Ordinary Shares No of Securities Held 465,799,008 % of Securities Held 13.579
3 DATO SRI NGU TIENG UNG, JP Executive Director Nature of Interest Indirect Interest Description of Securities Warrant B No of Securities Held 182,719,602 % of Securities Held 13.382
================ Monitor trading transactions of director. Buy or sell ?
Pursuant to Paragraph 9.19(15) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors ("Board") of Ta Win Holdings Berhad ("TAWIN" or "the Company") wishes to announce that the Company had received a notice in writing dated 5 May 2023 from Messrs. Ecovis Malaysia PLT (“Messrs. Ecovis”) of their resignation as the Auditors of the Company pursuant to Section 281 of the Companies Act, 2016.
Messrs. Ecovis was re-appointed as the Auditors of the Company at the 28th Annual General Meeting ("AGM") of the Company held on 29 November 2022 to hold office until the conclusion of the next AGM of the Company. The resignation of Ecovis is on a voluntary basis. The Board is not aware of any matters that need to be brought to the attention of the shareholders of the Company.
With Audit Committee's recommendation, the Board has approved to appoint Messrs. UHY after assessing their independence, capabilities, audit team and proposed audit fees for financial year ending 30 June 2023 in place of Messrs. Ecovis subject to the Company receiving the written consent to act as Auditors of the Company from Messrs. UHY pursuant to Section 264(5) of the Companies Act, 2016.
Further announcement will be made by the Company once the written consent to act has been received.
I was very sure that ECOVIS will resign. They avoided all my questions during the online AGM last year. I have reported ECOVIS to AOB. Some PLC owners grow their companies and the stock price, some will kill the stock price and manipulate the cost of sales. It is a pity that the 2 major directors of Tawin got no qualms in reporting highly questionable losses quarter after quarter.
Company fund will be reduced by RM12 million Company fund can be easily replenished by directors via shares issuance to PP or ESOS Directors will be happy to issue shares to raise more fund Easier than generating profits from business operations
I had not analyzed financials in detail yet prima facie from financial summary alone => Losses does look like normal fluctuations.
=> Somebody with a lot of shares just took advantage of those losses to short it. Everybody just panicked, and the rest is history. => This is a normal shark attack mode.
Thats just my personal opinion from "financial summary" without any evidence to support it.
Dear Tawin Shareholders, Can we all get all our resources together, contact all our fellow shareholders and call for EGM to remove Dato Yeo and Dato Ngu. They have been proven to be useless in all three companies ie. Tawin, Asiapoly and Dolphin. Once we remove them, the company will immediate start to announce profits. You get my drift?
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....
BrightChoice
736 posts
Posted by BrightChoice > 2023-03-29 08:01 | Report Abuse
time to pamp it up