ElSiEm

ElSiEm | Joined since 2022-08-19

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

2

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
2
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2022-08-19 17:46 | Report Abuse

Very sneaky move by the board! I wonder how many shareholders actually picked up this news! Your shares are diluted just for them to play hanky panky with in laws!

Stock

2022-08-19 17:36 | Report Abuse

BT Investment Capital has sued ILB Group Berhad for oppression following ILB’s announcement to fully fund an RM15.9 million proposed acquisition of nine parcels of commercial land with shop lots via issuance of 37,780,000 new ordinary shares which will dilute existing shareholders’ shareholding.

The new information has revealed that ILB’s executive director and chief executive officer Tee Tuan Sem and the seller Impian Nuri Sdn Bhd’s major shareholders and directors Tan Chek Siong (51%) and Tan Chek Een (19%) are actually extended family related through marriage.

https://www.businesstoday.com.my/2022/08/18/oppression-suit-against-ilb-group-new-information-reveals-land-seller-related-to-ilb-director/