Posted by stncws > 2024-05-29 09:52 | Report Abuse

criminal ....bursa delist soon

Posted by NatsukoMishima > 2024-05-29 10:26 | Report Abuse

Habis ! No way way ,triple limit down soon

Posted by Keko789 > 2024-05-29 10:39 | Report Abuse

pergh..tukar status tanah...mmg cari mati la ini kompeni..

Posted by nasgee > 2024-05-29 10:54 | Report Abuse

haaa suda menjadi lagenda ....mat kilau ka...tok gajah kaaa...hantam sajalahh.

Posted by stncws > 2024-05-29 10:58 | Report Abuse

no more reserve land...shd be madani for all

Posted by faridfet > 2024-05-29 11:17 | Report Abuse

meninggal tok anjang

Posted by kritikos > 2024-05-29 11:18 | Report Abuse

really jialat news for the company. looking at the sell Q of 72.6 mln shares, there is very likely another round of limit down tomorrow.. and price freeze thereafter (Friday)... for those holding the stock, can only say.. brace. Coz funds are likely exiting at all cost.. price no longer matter to them when news like this come out.

Posted by khatulistiwa8 > 2024-05-29 11:25 | Report Abuse

lagenda has become legend.. but unfortunately, for the wrong reason.

Posted by vinc3362 > 2024-05-29 11:28 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2024/05/28/macc-detains-managing-director-over-malay-reserve-land-deal/

Posted by vinc3362 > 2024-05-29 11:31 | Report Abuse

From above article, the company involved is Nadi Agrobusiness Sdn Bhd.
And quote from freemalaysia today news,
"The source added that MACC was investigating criminal incidents that occurred several years ago involving the suspect’s deceased relatives."

Posted by 8u29song > 2024-05-29 11:33 | Report Abuse

thanks for the infos....

Posted by vinc3362 > 2024-05-29 11:33 | Report Abuse

Is Nadi Agrobusiness Sdn Bhd a subsidiary or associate company of Lagenda Properties ???
So far I didn't see any link in the 2023 annual report. Maybe someone with info can update us.

Posted by vinc3362 > 2024-05-29 11:36 | Report Abuse

Best to wait for company announcement.

Posted by 8u29song > 2024-05-29 11:43 | Report Abuse

normally when doing these type of criminal, the elites won't get involved directly but some other names...

Posted by derricksyl > 2024-05-29 11:45 | Report Abuse

gg loh .....

Posted by 8u29song > 2024-05-29 11:46 | Report Abuse

so daring....

Posted by Syndicates > 2024-05-29 11:53 | Report Abuse

nadicorp is owned by nadzmi salleh. epicon was formerly known as ktb, which is owned by nadicorp

Posted by 8u29song > 2024-05-29 12:18 | Report Abuse

really "salute" those bought now at LD price....

Posted by ConstructionMinion > 2024-05-29 13:40 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/05/28/lagenda-properties-to-ramp-up-its-project-launches

It has bright futrue

Posted by turbochart > 2024-05-29 14:36 | Report Abuse

Lagenda meaning:

cerita tradisional kadangkala popular dianggap sebagai sejarah tetapi tidak sahih.

Posted by warchest > 2024-05-29 14:54 | Report Abuse

https://www.nst.com.my/news/crime-courts/2024/05/1056302/macc-arrests-managing-director-assist-investigations-malay-

Posted by warchest > 2024-05-29 14:54 | Report Abuse

KUALA LUMPUR: A managing director of a real estate company was arrested by the Malaysian Anti-Corruption Commission (MACC) yesterday to assist in the investigation of a case involving the fragmentation of about 650 hectares of Malay reserve land in Manjung, Sitiawan Perak, in 2012.

It is believed that the 44-year-old suspect's company was involved in splitting up the land lots into non-Malay land, and then selling them into lots for houses and bungalows.

It is understood that the MACC investigation also found a total of 317 lots that were divided and sold to individuals and companies, most of whom were non-Malays.

The arrest comes after the arrest of a former Perak Land and Mines Office deputy registrar of titles who was charged in the Ipoh Sessions Court last month.

Posted by warchest > 2024-05-29 14:59 | Report Abuse

better don't buy first. if this proven to be true, most likely another round of limit down

Posted by raymondroy > 2024-05-29 15:07 | Report Abuse

who was arrested? Was it Datuk Jimmy Doh? statement says 44 year old.... and he is around that age?

Posted by ken2004 > 2024-05-29 15:16 | Report Abuse

wow, so many people selling.....but no taker yet...........

Posted by ken2004 > 2024-05-29 15:18 | Report Abuse

Just thinking really sweating for those no idea what is going on and jump inside this morning from 1.30 onwards, maybe those 1.17 still got chance, high risk high gain.......

Posted by Kim > 2024-05-29 15:21 | Report Abuse

Date of change 01 Jan 2020
Name DATO' DOH JEE MING
Age 40
Gender Male

THAT's 2020 so now 44yrs

Posted by EatCoconutCanWin > 2024-05-29 15:31 | Report Abuse

Tak habis habis corruption. Why Malaysia business majority likely to corrupt

Posted by speakup > 2024-05-29 15:33 | Report Abuse

Don't worry he will be let off with small fine just like Serbadk Karim

Posted by zoizai > 2024-05-29 16:16 | Report Abuse

Omg gg this company. Tmr another limit down

Posted by goodgain > 2024-05-29 16:17 | Report Abuse

Limit down mainly due to short selling option. The news is not new.

Posted by zoizai > 2024-05-29 16:20 | Report Abuse

Karim changed named that’s why small fine. Dato change name d ??

Posted by raymondroy > 2024-05-29 16:35 | Report Abuse

@Kim ... thx for confirmation, its not the fine that is the only issue..... lagenda may have also acquired these so called illegal conversion land, and need to return back to perak state..... dont know how many parcels involved?

Posted by Kim > 2024-05-29 16:55 | Report Abuse

@raymondroy

"suspect" wait company reply that UMA later. What they want to say =)

Posted by JJPTR > 2024-05-29 16:56 | Report Abuse

Lagenda today first day LDown.
2 more days to go.....

Posted by warchest > 2024-05-29 16:59 | Report Abuse

already confirmed that Dato’ Doh Jee Ming is investigated by MACC. u can see the short clip of him with orange shirt escorted by a few MACC officers

Posted by Albukhary > 2024-05-29 17:02 | Report Abuse

Lets list down the worst scenario:-

1) Director being jailed due to bribe
2) Unsold land need to convert back to Malay Title
3) Land that has been sold need to compensate by other land (mean convert its other non-malay land to malay land)
4) Company lost the trust from Government, unable to get more new land approval in future.

Best scenario is:-

1) Nothing to do with the existing director and existing company, as this Bribe is many years ago and it has nothing to do with current management and current company.

Posted by Kim > 2024-05-29 17:10 | Report Abuse

Lagenda assures business as usual after senior personnel remanded in MACC probe.

Posted by Kim > 2024-05-29 17:11 | Report Abuse

Business as usual = Bounce

Posted by Albukhary > 2024-05-29 17:21 | Report Abuse

Andy Chua Seng Hooi is from Guocoland.
Anyone who work with Hong Leong Group or Guoco Group should known that whoever that can survive in Hong Leong Group / Guoco Group until management level must be a very tough and hardworking man.

Posted by zoizai > 2024-05-29 17:29 | Report Abuse

Careful on a corrupted company. Can tipu tanah melayu , tipu gov can tipu investor just like Karim.

Debt ballooned

Posted by Sweetchocalates > 2024-05-29 17:31 | Report Abuse

A lot of margin call. LD continue tommorow

Posted by Kim > 2024-05-29 17:42 | Report Abuse

All thinking LD more LD more. Q lower 81 sen .haha
Like easy money =)

See tomorrow what happen.Let's price talk. Better silence and watch the movie =)

Posted by anonymouse66 > 2024-05-29 17:45 | Report Abuse

congrats lagenda

Posted by adamidon > 2024-05-29 18:20 | Report Abuse

What do you guys think? Tomorrow will limit down some more or will bounce?

Posted by Sweetchocalates > 2024-05-29 18:30 | Report Abuse

Likely LD again. Look at the amount of sellers there. Almost 1m lots. I think some big player kena margin call.

Posted by gladiator > 2024-05-29 18:32 | Report Abuse

Tomorrow probability of limit down very high.

Posted by Sweetchocalates > 2024-05-29 18:33 | Report Abuse

Reminds me of serbadk, ataims, rapid. Fond memories hahaha

Posted by 1lottrade > 2024-05-29 18:43 | Report Abuse

2. Whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of Bursa Securities LR.

The Board of Lagenda wishes to notify that it has become aware of news reports that the Malaysian Anti-Corruption Commission (“MACC”) has granted a 4-day remand order involving a senior personality of the Company, to assist MACC in its investigation with regards to an ongoing investigation involving land dealings.

The Board has convened an Emergency Board Meeting this afternoon to assess the implications of the above on the Group’s operations, its shareholders and other stakeholders who may be affected directly and indirectly and to determine the possible course of action to be taken.

The Board wishes to inform our stakeholders that this investigation is isolated from Lagenda’s business operations. The Board wishes to inform the shareholders and other stakeholders that the operations of the Group remain unaffected by the above event. The Group’s various operating units have been and are under the care of the various Unit Heads with proven track record. The Board shall provide all assistance and cooperation to the appropriate authorities, if required.

Posted by 1lottrade > 2024-05-29 18:45 | Report Abuse

MD remanded for 4 days. Most likely banks will continue to sell down his margin shares since he can't be contacted for 4 days.