Following the appeal to stay put the decision made by high Court, its going to take sometimes for the Appeal court to hear the case as a result of which no lifting of suspension is expected to arise in the interim
The court cases are no more money game but to prevent the disclosure of pieces of evidence that could amount to criminal offences on the part of the BOD. So Fcuked other shareholders, period.
Another blow for those desperate to exit....
Following the appeal to stay put the decision made by high Court, its going to take sometimes for the Appeal court to hear the case as a result of which no lifting of suspension is expected to arise in the interim
Posted by alenac > Feb 8, 2022 1:31 PM | Report Abuse X
Another delay game in court as I said previously may end up with Bondholders winding the company up before any court decision is made.
“We are submitting an appeal to the Court of Appeal … Meanwhile, we have applied for a stay pending our appeal yesterday,” a company source told FocusM. “The outcome should be known tomorrow (Feb 9) or the day after (Feb 10).”
If Serba Dinamik gets its way, then the counter shall remain suspended indefinitely, so to speak, as “the appeal process will be three months away”, according to people familiar with the matter.
When you appoint a shoplot lawyer, this is what we have... he will find ways to stop/delay court process. Just look at what he did in Najib's case, it is the same tactic. It is a waste of resources. Just put all of them in jail, including the shoplot lawyers.
“The court went on further to rule that the IRB’s internal interpretation as contained in its Guidelines and Public Rulings are not binding on taxpayers,” said the counsel.
Actually, the worst hit not the ikan bilis as how much they accounted on this whole mess, more to EPF and our local institutes, they also keeping quiet, maybe it is not their money, no worry also, then whose money......
8dragon GLC and other institutions can get back their investment easily through other means but not the bilis or small investors... 09/02/2022 5:34 PM
Yes, if they ignore also, what can ikan bilis do beside watching, so pointless as the major losses people also no worry, then accept fate due to own judgement of investing into this......
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....
InvestorKING
5,929 posts
Posted by InvestorKING > 2022-02-08 22:19 | Report Abuse
But 1.43b is under suspicious only, not verified and confirmed one