Posted by Peter Leong > 2023-10-18 10:20 | Report Abuse

Another wait game for them to buyback

Posted by soonning65 > 2023-10-18 16:23 | Report Abuse

Will it go into PN17?

Posted by Peter Leong > 2023-10-19 09:40 | Report Abuse

Nah

Posted by Peter Leong > 2023-10-20 08:55 | Report Abuse

Buy in Buy in,Buy in before the pump

Posted by soonning65 > 2023-10-20 14:27 | Report Abuse

No rush, goreng sign hasn't appeared yet

Posted by Peter Leong > 2023-10-20 15:12 | Report Abuse

Yeah,its oversold now

Posted by Peter Leong > 2023-10-24 13:27 | Report Abuse

Waiting for a rebound

Posted by imbravo > 2023-10-24 15:51 | Report Abuse

https://theedgemalaysia.com/node/687285

GAME OVER

Posted by Peter Leong > 2023-10-24 15:55 | Report Abuse

Not yet,just the beginning

Posted by Lewis Lee > 2023-10-25 14:40 | Report Abuse

1. The findings from the investigation report by Virdos Lima Consultancy (M) Sdn Bhd
Reply
The investigation report by Virdos Lima Consultancy (M) Sdn Bhd reveals that there are
irregularities concerning Caely-M’s transactions with certain parties comprising of a series
of questionable transactions, potential concealment of financial interests, and conflicting
relationships, which undermined the transparency and credibility of the Company’s
financial disclosure.
As the matter is currently pending litigation before the Court, the Company is unable to
disclose the findings in detail.
2. The operational and financial impact arising from the investigation report.
Reply
There are no operational and financial impacts arising from the investigation report.
3. The impact of the findings from the investigation report on the financial statements.
Reply
The amount due from relevant parties highlighted in the investigation report has been
fully impaired in the financial statements of the Group in prior financial years. Should
there be any amount recovered will be an income to the Group.
4. Steps taken or proposed to be taken to address the findings from the investigation
report, and timeline for the implementation.
Reply
In reliance of the preliminary findings of Virdos Lima Consultancy (M) Sdn Bhd, the
former board of directors of the Company had on 26 August 2022 caused the Company
and Caely-M to commence an action at the Ipoh High Court to recover the sum of
RM30,552,000.00 (“Ipoh Suit”). It was the preliminary findings of Virdos Lima
Consultancy (M) Sdn Bhd that the said sum was misappropriated from Caely-M.
On 29 August 2022, the former board of directors were replaced by the new board of
directors. Upon reviewing the matter, it was clear that non-related parties were named
in the Ipoh Suit. As such, the new board of directors decided to withdraw the Ipoh Suit
and directed a fresh legal action against the proper parties be commenced for the
recovery of the misappropriated fund as per the preliminary findings of Virdos Lima
Consultancy (M) Sdn Bhd to protect the Company’s interest.
On 19 October 2022, the Company and Caely-M had initiated legal action against 12
individuals which include former directors, chief executive officers and/or chief financial
officers of the Company and Caely-M.
The Company has since then made it a priority for Virdos Lima Consultancy (M) Sdn Bhd
to finalise and complete their investigation report as soon as possible due to the reasons
above taking into account that the Ipoh Suit was first commenced based on their
preliminary findings alone.
The suit is currently fixed for case management and hearing of the interlocutory
applications on 8 December 2023.
Based on the Company’s lawyer’s advice, the investigation report will be submitted to the
High Court as evidence to advance the Company’s and Caely-M’s case.
This announcement is dated 25 October 2023

Posted by Lewis Lee > 2023-10-25 14:42 | Report Abuse

"Should there be any amount recovered will be an income to the Group."
In reliance of the preliminary findings of Virdos Lima Consultancy (M) Sdn Bhd, the
former board of directors of the Company had on 26 August 2022 caused the Company
and Caely-M to commence an action at the Ipoh High Court to recover the sum of
RM30,552,000.00 (“Ipoh Suit”).


Meaning if the company can win the case against those former board members / directors, they can declare income of ard RM30 mils plus ??

Posted by Peter Leong > 2023-10-25 16:59 | Report Abuse

Yes

Posted by Peter Leong > 2023-10-26 08:38 | Report Abuse

Anytime

Posted by Peter Leong > 2023-10-27 09:47 | Report Abuse

Sooner or later

Posted by Peter Leong > 2023-10-27 10:02 | Report Abuse

There be should a rally at some point next week if not today

Posted by soonning65 > 2023-10-30 09:25 | Report Abuse

court case still ongoing, it will fly up after that

Posted by Peter Leong > 2023-10-30 09:29 | Report Abuse

Yep

Posted by blackmamba87 > 2023-10-30 15:06 | Report Abuse

@Peter Leong- How`s the court case going? It looks positive for CLASSITA?

Posted by fl888 > 2023-10-30 15:32 | Report Abuse

Got nearly RM80 million in Bank after restructuring…with another RM30 million coming from coming court case…10cts can go ?

Posted by Peter Leong > 2023-10-31 08:36 | Report Abuse

Yes,they are but now pending the litigation,then they are free

Posted by Peter Leong > 2023-10-31 10:13 | Report Abuse

0.06 people should stop,can't force a price

Posted by adikkici > 2023-10-31 14:37 | Report Abuse

Tunggu habis 0.07 baru masuk

Posted by cK1973 > 2023-10-31 18:32 | Report Abuse

shark mari ma....
let's swim with them...
sustaining well at 6c
need to break 7 to see up trend....
10c?? Need some times

Posted by Peter Leong > 2023-11-01 08:35 | Report Abuse

This time break higher and then drop them deep

Posted by fl888 > 2023-11-01 09:21 | Report Abuse

10cts no problem as nta 30cts....?

Posted by soonning65 > 2023-11-01 10:16 | Report Abuse

Floating at 0.06 and 0.07 despite big trading volume .. wait ba

Posted by Peter Leong > 2023-11-01 10:35 | Report Abuse

As long as they eat and don't spit

Posted by Peter Leong > 2023-11-01 11:40 | Report Abuse

Makan rendah,muntah tinggi please

Posted by Lewis Lee > 2023-11-01 15:23 | Report Abuse

mostly fake volumes , i think, what the fatt ?! 😅

Posted by cK1973 > 2023-11-01 19:21 | Report Abuse

need to break 10c before we can see real uptrend....
or maybe drop lagi ka !!!
alamak...

Posted by Peter Leong > 2023-11-02 09:05 | Report Abuse

People don't buy high and sell low

Posted by colin888 > 2023-11-02 13:46 | Report Abuse

Got ! EPF

Posted by Peter Leong > 2023-11-02 14:40 | Report Abuse

@colin888 😂account 3 incoming

Posted by Michael Kwok > 2023-11-03 00:13 | Report Abuse

Classita 6 cents
Downgrade to 3-4 cents
Bank throw due to margin call
3/11/23 12.13am

Posted by Peter Leong > 2023-11-03 08:35 | Report Abuse

Not even a pump

Posted by Peter Leong > 2023-11-03 08:46 | Report Abuse

Eat so many, waiting for it to be thrown

Posted by GushikenNaoshi65 > 2023-11-03 13:59 | Report Abuse

where are the big fishes, cheap enough to pump come on

Posted by Peter Leong > 2023-11-06 08:50 | Report Abuse

Its time to clear the 5.5 and 6 batch,will stuck there forever

Posted by Peter Leong > 2023-11-07 08:44 | Report Abuse

Today I got a feeling

Posted by Peter Leong > 2023-11-07 09:48 | Report Abuse

Still want to eat,ate so much at 0.06 ,vomit all at a higher price then send it down to start eating again

Posted by soonning65 > 2023-11-07 10:04 | Report Abuse

Floating at 0.06 - 0.065 at the moment then ...

Posted by GushikenNaoshi65 > 2023-11-07 17:06 | Report Abuse

high buyins but low sell outs, sooner or later it will come

Posted by Peter Leong > 2023-11-08 09:13 | Report Abuse

Cmon

Posted by cK1973 > 2023-11-08 11:46 | Report Abuse

again need to break 7c only can see actual trend...
might go below 5c if not careful...
very tricky at this moment...

Posted by Peter Leong > 2023-11-08 13:52 | Report Abuse

Yeah,reaching oversold too

Posted by Peter Leong > 2023-11-09 08:44 | Report Abuse

Another day,another wait

Posted by cK1973 > 2023-11-09 12:05 | Report Abuse

wait need to break 7 first.....

Posted by Peter Leong > 2023-11-09 12:15 | Report Abuse

Soon, looking at sstoc graph,near over bought

Posted by Peter Leong > 2023-11-09 12:15 | Report Abuse

Soon, looking at sstoc graph,near over bought

Posted by Peter Leong > 2023-11-10 09:52 | Report Abuse

Another day of eating