Posted by warchest > 1 month ago | Report Abuse

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

Posted by raymondroy > 1 month ago | Report Abuse

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

Posted by ken2004 > 1 month ago | Report Abuse

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

Posted by ken2004 > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | Report Abuse

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

Posted by speakup > 1 month ago | Report Abuse

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

Posted by zoizai > 1 month ago | Report Abuse

Omg gg this company. Tmr another limit down

Posted by goodgain > 1 month ago | Report Abuse

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

Posted by zoizai > 1 month ago | Report Abuse

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

Posted by raymondroy > 1 month ago | 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 > 1 month ago | Report Abuse

@raymondroy

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

Posted by JJPTR > 1 month ago | Report Abuse

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

Posted by warchest > 1 month ago | 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 > 1 month ago | 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 > 1 month ago | Report Abuse

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

Posted by Kim > 1 month ago | Report Abuse

Business as usual = Bounce

Posted by Albukhary > 1 month ago | 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 > 1 month ago | Report Abuse

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

Debt ballooned

Posted by Sweetchocalates > 1 month ago | Report Abuse

A lot of margin call. LD continue tommorow

Posted by Kim > 1 month ago | 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 > 1 month ago | Report Abuse

congrats lagenda

Posted by adamidon > 1 month ago | Report Abuse

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

Posted by Sweetchocalates > 1 month ago | 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 > 1 month ago | Report Abuse

Tomorrow probability of limit down very high.

Posted by Sweetchocalates > 1 month ago | Report Abuse

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

Posted by 1lottrade > 1 month ago | 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 > 1 month ago | 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.

Posted by sparta > 1 month ago | Report Abuse

Limit up =)

Posted by zoizai > 1 month ago | Report Abuse

Tmr limit down. Friday same price , Monday down again

Posted by Michael Saw > 1 month ago | Report Abuse

650ha of Malay reserve land price is small potatoes to Lagenda wo. The involved land should have edi built n sold out. It no longer listed in the Annual Report. Wow what should you do if limit down tomorrow?

Posted by jackjason > 1 month ago | Report Abuse

Doing business in this country you need to give or take "XXXX" especially involve land development.

Posted by Mar2083 > 1 month ago | Report Abuse

Potentially may limit up tomorrow
Ha ha

Posted by gohkimhock > 1 month ago | Report Abuse

this is fraud. The auditor should shoulder some responsibility too since they have the duty to inspect the land title during audit.

Posted by SureWin1Woh > 1 month ago | Report Abuse

Sad that this AirAsia of property sector has a hard landing today...

Posted by zoizai > 1 month ago | Report Abuse

Karim also said business as usual before hahahhah good luck.

Posted by SorosMalaya > 1 month ago | Report Abuse

in bolehland , chinese suka bagi rasuah , malay pulak suka menerima ahahah

Posted by kakashi > 1 month ago | Report Abuse

insiders already sold yesterday

Posted by kakashi > 1 month ago | Report Abuse

best is avoid this company, i think the story ends, unless Jimmy is cleared from all charges. But unlikely. and this guy reputation..........

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

38,496.39

-356.47

0.91%

Nasdaq

NASDAQ Composite

16,944.82

-75.05

0.44%

Posted by Lukey_Greek > 1 month ago | Report Abuse

Companies’ UMA response can’t clear the air. No conclusion from the emergency board meeting except to form the investigation team to probe further.

Posted by Lukey_Greek > 1 month ago | Report Abuse

Strong margin call pressure. Limit down.

Posted by hw0706 > 1 month ago | Report Abuse

Casflow, balane sheet problem....management problem....

Posted by BE_GREEEEEDY > 1 month ago | Report Abuse

WARREN BUFFETT >>. BE GREEEEEEEDY WHEN OTHERS ARE RUNNIINGGG......$$$$$

Posted by serbatipu > 1 month ago | Report Abuse

Remember serba dinamik case ? Grab pop corn fast

Posted by Tango123 > 1 month ago | Report Abuse

IB will have a field day today with their IDSS if it's LD. Let's see if the company's UMA responses have any positive impact to stop the drop and regain its ground. Afterall, the company is performing well and given a 'buy' recommendation by at least 4 analysts. The MACC case is pending as the company businesses continue as usual.

Posted by zoizai > 1 month ago | Report Abuse

Liability from 385m (2019) become 1.14b (2023)

Cash flow always negative 😃

Posted by OKU_2020 > 1 month ago | Report Abuse

BOOOO. CHOWW. CCCCC

Posted by NatsukoMishima > 1 month ago | Report Abuse

This case very sensitive bro , beyond hope this company ! Triple limit down is conservative , who buy who lose ! Run right now is the only way!

Posted by NatsukoMishima > 1 month ago | Report Abuse

IB already ran faster than u yesterday !🤣🤣🤣🤣🤣