Yess drgondrong u re rite .... We re trying hard in search of the best practice and action plan to circumvent and make good the current situation for best ROI . .triggered by....emmmm suddenly pop up less likely expected things to happen last minute and timely by kicking out the finale judge....which alter generally the whole picture....

Be realistic...lots hve been said..GOM cannot run away fm its liabilities to the company and stakeholders... At the moment follow the tide...but calculatively plan exit entry wisely...... ..

Ttade wisely and with care..decision is ours.... Thats fact

The counter is ok ..awesome but please cautious and trade with care.... Everything was fine journey..but..but...the final card...beyond our control..the end of the tunnel is bright shinning star ...

HandsomeGain..true... Agreed..just be cautious.. bro

You can be the judge..but finale is for sure shining.... Worrying is in between frm now to the finale...anything can..might appear... Just imagine the judge not a judge was just put brushed aside just like that...emmmmm i just could not imagine the scale of this game.... My honest views

It was done intentionally and with motif...for sure.

Which party gain regards to the timing extension of judgement ....seems open ended dilemma..? This scripted omen... Presbhd and GOM know the answer..their games.. we traders at their mercy...
Trade smartly adn with care.

May be our bro pradeep has the answer!! Emmm

What does this lead to? Open to your own speculation and judgement...

Open ended time frame?????

Reschedule of new date of judgement need to be decided in the CMC... After that only the judgement decision alike that should taken place 1-3 July commence... But again... due unwarranted circumstances the seating did not materalise .......this is the Turning point of timeframe... Putting it into uncertainty... Not definite timeframe spell out... Only mention in general fm time to time in the official company Announcement...

Emmmm

Let me put back for sharing

What is a case management court date?
A case management conference (CMC) is when both sides, the lawyers (if any), and the judge meet to talk about how to handle the case.

Just to decide date....imagine ...

Most civil cases have a CMC and it usually happens between. * 120 and 180 days* from filing of the lawsuit. ... It asks about the status of the case and the time estimate for trial.

.Sinoboy Pertinent question now is when is the new court date and whether govt has any further tricks up its sleeves
30/06/2020 12:40 PM

Pls scroll previous chat...

pastihuat:. You rite thats fact

Newbe...lets clear our mind.
If presbhd through OS took GOM to court..all this while outside kawting failed perhaps the compy to kind pampers the GOM.... Too much ..and GOM clearly as defaulter took the comny for a ride ..

I demand full CA no way.... this is a dispute and not play playground merry go round...

GOM is just toying around the comny.
Emmm thats what i see

.khpwwl or else preshld also re-submit on the tender, then maybe government will give back to them by outside court settlement loh...
30/06/2020 11:03 AM

Very bad move by preshbhd if if.. the compny succumb to GOM knowing that GOM has devil judges abd devil advocates ..in power.... Already proven of what had happened..not theory or rhetoric tale story.. it facts.

If each party has its own interest...that why this disputes were brought to High Court.????? Wake up call....Maybe..

Preshd should press go all out for CA or reinstate give the ultimatum unless the comny have other agendas... Be remind stakeholders public interest is at stakes

Jv..emmm not viable... WhyvJV... I rather take GOM to court for my rights. . Problrmm GOM is trying to mitigate and playing hide and seek? Why?... ill intention? Motif? Knowing GOM is the looser..but why? Dirty play to me..GOM us defaulter why excuses here and there? Motif?

. . If the judge can be removed..timingly....this devil advocates must be fm high above flying down...just imagine ..the level of gaming . like i mentioned earlier all announcenents etc what transpired look alike a script....it tied up nicely to create a good time line story for them but omen to shareholders....to turn the tide..to their benefit..emmm nevertheless i still believe presbhd end result surely shining..Thats for sure....

.cicakman Both side already kaw team quietly.
29/06/2020 10:33 PM

You hve vision bro..... Most likely this is valid. I concur.
Backbenches are good for check and balance... Rishi u rite..hahaa.but its ok..its part of the environment.. No wurries...
Pradeep u great bro.. Bigtaiko..u rite i agreed....

Lee any new news...yesterday was the turnpoint.... But be resilient.
Trade with care and facts..you can never fight it but navigate couragely, mitigate...sure end outcome will be frutiful only timing.

But along the line..they manage to draw our attention like à guy going out fishing... With a nice bait..

The way i see it..

Nite time. Sleeep well.

Cicakman..i am with u bro..die hard

I will stay here.till preshbhd limit up.too..no wurries

Handsomegain....yesss i share and agreed your predicaments...
Time lapse .... For judgement for the case seems uncertain as for now... when Devil Advocates started his show....

Feeling suffocating... Emmmn

All these very much dictate the buying/selling behaviour of 5204 today...

cicakman Bemillion,is it more to settle outside court?
29/06/2020 6:29 PM.
My views

Yes and NO....

Yes outside court if presbhd believes the outcome judgement gave better or more beneficial to the com and stakeholders.. win win.
1-3 July 2020 were fixed but again deferred...its seems timely.... and intentionally...
The rest ....as what have been said in the forum.... Seems very valid.

But time frame ....for how long the GOM trying play cat and mouse gain... Knowing definitely GOM is the defaulter.

NO
If the GOM keep on bragging and giving pressure onto the company wellbeing and operations . Thats why preshbhd drag the GOM to gets its rightful rights and through OS...... Summons for compensation as in CA...to court.

Just my opinion.

Better go and hve beef beriani rice...friends.. gud luck tomollow to all me ....you and bro traders

Agree with bro robotop..true enough....

Take care bro traders.....

Tomro goingg to put on oxygen mask..for better views...

Handsomegain i tend to agree with you..looking at the latest development... Role play Devil Advocates hahaa. Terriible.....

Just sharing info very brief...


I’ve yet to see the concept of ‘case managements’ explained simply. I thus offer the following summation of their being, at least in the Malaysian context:

-that all disputes/cases must be heard and resolved on their merits; and

-that case managements are court appearances used to regulate the procedural features of a case, so that the case may then be heard and justly disposed of on the merits.

I should emphasize case managements are neither hearings nor trials. They are court appearances mostly concerned with directions and updates.

.A ‘case management’ (or a ‘CM’, as it is more fondly referred to) is an appearance in court before a registrar or a judge, outside of hearings and trials.

So from the above brief elaboration..one can guess what next..... Emmmm

To ponder ....
Guys bro traders.... But we still fights.... No matter what......whatever presbhd will shine....no doubt only timing

TokAbah Settle out of court ?

Just sharing views..

Not necessarily bro......

Look at the statement...'' new case management date will be fixed". What does this implicates?

What is a case management court date?
A case management conference (CMC) is when both sides, the lawyers (if any), and the judge meet to talk about how to handle the case. Most civil cases have a CMC and it usually happens between *120 and 180* days from filing of the lawsuit. ... It asks about the status of the case and the time estimate for trial.

To me buying time..... Emmm

Emmm

Lets share.... the winds of change .

MATERIAL LITIGATION PRESTARIANG BERHAD ("PRESBHD") - UPDATES ON LEGAL PROCEEDINGS BY PRESTARIANG SKIN SDN. BHD. ("PSKIN" OR "PLAINTIFF") AGAINST THE GOVERNMENT OF MALAYSIA ("GOM" OR "DEFENDANT")
PRESTARIANG BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description PRESTARIANG BERHAD ("PRESBHD") - UPDATES ON LEGAL PROCEEDINGS BY PRESTARIANG SKIN SDN. BHD. ("PSKIN" OR "PLAINTIFF") AGAINST THE GOVERNMENT OF MALAYSIA ("GOM" OR "DEFENDANT")
We refer to our announcements dated 15 April 2019, 16 July 2019, 31 October 2019, 4 December 2019 and 10 June 2020.



The hearing of PSKIN’s Originating Summons (“OS”) and cross-examination of the deponents of affidavits was initially fixed for 1 July 2020, 2 July 2020 and 3 July 2020.



During a case management today, the Learned High Court Judge directed that the said hearing dates be vacated due to the elevation of the Learned High Court Judge to the Court of Appeal. PSKIN’s OS will be transferred to another High Court Judge and * a new case management date will be fixed.*



The Company will make the necessary announcements on material development in respect of this matter from time to time.



This announcement is dated 29 June 2020.

Trade cautiously..... With care....

Like i said all are in place. But .. out of no where appear Devil Advocates....when the devils came... along came the hidden hands.... Timing.... Why on earth outside court courting not done earlier.....emmm seems like a script..... Emmm but still good side prevail... still in favour of presbhd... Thats outside control..be patience..the fights still on...emmmmm

Seems uncertain... Very volatile day and dramatised. Stay cool

Emm the buying sentiment still holds..thats market share... Be resilient..thats why we need all input..out of nowhere came the Devil advocates.... YNWA..emmm

Hahaa heart attack... ... If u used to parachute down..its thrill.....but scary too

Emm..

lee_m2020 :They dont have to change the judge if just out of court settlement... just request a new date too...
Chances the price goes back to the old prices only with new good news or a big inv coming would help to bounce back.. Current KLSE condition doesnt help too.


Lee you were rite.. this time Devil advocate descending down.... All was doing fine then...
Be patience....

...Name and Address of Registered Holder:
KUMPULAN WANG PERSARAAN (DIPERBADANKAN)LEVEL 36, INTEGRA TOWER, THE
INTERMARK, 348 JALAN TUN RAZAK, 50400 KUALA LUMPUR
Details of Changes
Date of Notice : 26/06/2020
Transactions:
No. Date Transaction Type No of Shares Price (RM)

1. 22/06/2020

2. Disposed - 0

3. Circumstances by reason of which change has occurred:

Kumpulan Wang Persaraan (Diperbadankan) has ceased to be a substantial shareholder of Prestariang Berhad due to the dilution of percentage of shareholding to 4.7946% based on the enlarged share capital of 530,531,600 ordinary shares (excluding 1,698,500 of treasury shares) as a result of *Private Placement* of up to 10% of the issued shares..

I wish to share.

Regards to KWAP ceased to be substantial shareholder ...

Pls do not be misunderstood.

KWAP previously holds 5.29% ..... of the total stock .
On 22/6 with the PP...dilution effect with additional units... KWAP holding becomes 4.7946%. this means it ceases to be a substantial shareholderKWAP never never disposed her holdings... And still holds the stocks....

Ref Company Announcemenr

This forum is awesome.... Info cross check..assessment.. options being highlighted.. Then oneslf decide...

Be ahead of things..do not lag..

More to come...exciting days bull rally on this stock.... Emmmm

Kevinkl dont wurries.. believe in yourself... We enter the war zone with TA and lots of consideratiions. Tactical and strategies..... We intend to win...yess

Belief in yourself.... Trade with facts and integrity

Hahaaaaa may the force be with the presbhd fighters...ignore the naysayers... You will never walk alone ynwa....

Opening 1 min..

Lee you talking about foreigh flow. . Its normal for all bourses globally ... Its part of market behaviour. Economic recovery in the pipeline stimuli packages in billions..to be honest now political imperatives a bit hu haa ..settle those elements ..FDI will scrambling inbound ....... For sure