According to the EGM passed on 2014, the option price will be not less than 10% discount on the five weighted average market price, or

The par value of the share which is higher

Some fishy on ESSO because according to my knowledge the price should be fixed at pre merge 4.1 cent, ie now 16.4 or 8 cents par value.

Need SC to clarify.......................................................................

now 16% vs 1%

Goh Ching Mun, the founder cum executive director of Old Town White Coffee, recently offer by Jacobs Douwe 1.47Billion for the takeover target. Their group can be rating in Bursa as one of the most aggressive group from Chongai (second board textile) to Old Town and now penetrate to property

Currently the ex old town group has ton of cash and coincidentally both 2 new substantial shareholders also from Ipoh, 14% Ipoh team vs 1% tan family irrespect of their associate or nominees.

Good future can be foreseen..........................

GAME JUST STARTED

Tan family sold another 35,000,000 shares at 5 sen losing another RM 1.75m, and current only hold 1.23%, This could be never ever in Bursa history owner can hold 1% still can sit on the board steadily. Lady & Gentlemen, Game just started

As expected they are 30% new face in 2018 shareholding list against 7% Tan family holding, we can forecast the new substantial shareholder Michelle will bring some good expectation from us.

The 75m RCN already approved in EGM and need not get approval further. Currently, the RCN already issued and converted about 20m.

We have to vote against it just to protect our minority interest. We cannot accept the board of director keep on issuing 10% new share low price every year

The Agenda No 5 Resolution in 2018 AGM is the 10% new share private placement to be issue again in coming year and the price can be 10% lower based on the last transaction period.

sorry, just to share the 10 % new share private placement approved in 2017 AGM already issued and completed as stated in 2018 annual report Pg 116 ie privated placement 139m at 5 sen pre consolidated price)

TO FURTHER CLERIFY THE 75m RCN AND 10% NEW SHARE ISSUE

Just to share the 10% new share through private placement approved in 2017 AGM already issued stated in pg 116 in18 annual report. (private placement 139,059,011 at 5 sen pre consolidated).

26 Oct : Sparkle Our Wealth

Losing remain pantie
As expected Dato sold 7995000 Tiger at 5 cents on 23 october, loss Rm399750 with original cost of 10 cents each. For director with right strategy losing RM1.2 Million to defend a hostile takeover is not a problem, The problem is don't have proper fighting strength by buy RCN converted and sell market price to defend the fighting. Cannot last for long and eventually need White Knight to save him

23 Oct : Sparkle Our Wealth

Buy high sell Low?
Dato bought 12,500,000 at 10 cent on 20, 27 August, disposed 7 cent on 17 Oct loss Rm375,000. Totalling losses RM780,000 to date form RCN. He is consider one of the very generous director, burning himself to help the new entrants.

Miss Michelle and her nominees will be laughing all the way to the bank by accumulating secretly. Market suspect he have disposed further shares in 18 oct to 22 oct by pressing down the share price.

By the way, Dato also rating as one of the most active in speculating his own company shares in Bursa by history.

16 October :Sparkle Our Wealth

Telaris Gombak alone make 35m

Initially in 2015, the above project planning to build 120 units of Apartments and now propose change to 180 units of exclusive apartments with 8 Commercial units. Gross Developments Value would be 100m and Gross Development Cost equal to 65m, Thus Tiger will be profited of 35m for the next 3 years

12 Oct : Sparkle Our Wealth

After announcement of new substantial shareholder dated 7 September 2018
Volume have been building up..................

From 8 September to now 155m totalling 27% of paid up shares have been changed hand,
it is believable that proxy fight will be happen to remove the board of directors.

Dato are very worry and have been aggressively buying Tiger at 10 cents from ACP as he is fully aware change will happen.

New shareholders will appear in the coming shareholders list in 2018 annual report to be release on 1 NOVENBER, ......

Proxy fight is the method to takeover a company by the way of buying more than 10% shares, hold EGM and convinces shareholders to vote out the current board and replace the approving board. However although it is popular in UK, USA, but never happen here.

A lot of good analyst like CALVIN TAN, LOGIC TRADING ANALYSIS, TAN K W, EQUITY DAIRY,CP TEH etc etc should team up their followers, instead of waiting and waiting and waiting the current board to declare, to change, to hope something benefit to the minority shareholders, they should do a step ahead by accumulate the proxy enough to pressure and even to remove the board to realign their business.

Please bear in mind a lot of listed company in BURSA, the controlling stake are very loose like 11% control in Tiger currently.

12 Oct : Sparkle Our Wealth

After announcement of new substantial shareholder dated 7 September 2018
Volume have been building up..................

From 8 September to now 155m totalling 27% of paid up shares have been changed hand,
it is believable that proxy fight will be happen to remove the board of directors.

Dato are very worry and have been aggressively buying Tiger at 10 cents from ACP as he is fully aware change will happen.

New shareholders will appear in the coming shareholders list in 2018 annual report to be release on 1 NOVENBER, ......

Proxy fight is the method to takeover a company by the way of buying more than 10% shares, hold EGM and convinces shareholders to vote out the current board and replace the approving board. However although it is popular in UK, USA, but never happen here.

A lot of good analyst like CALVIN TAN, LOGIC TRADING ANALYSIS, TAN K W, EQUITY DAIRY,CP TEH etc etc should team up their followers, instead of waiting and waiting and waiting the current board to declare, to change, to hope something benefit to the minority shareholders, they should do a step ahead by accumulate the proxy enough to pressure and even to remove the board to realign their business.

Please bear in mind a lot of listed company in BURSA, the controlling stake are very loose like 11% control in Tiger currently.

12 Oct : Sparkle Our Wealth

After announcement of new substantial shareholder dated 7 September 2018
Volume have been building up..................

From 8 September to now 155m totalling 27% of paid up shares have been changed hand,
it is believable that proxy fight will be happen to remove the board of directors.

Dato are very worry and have been aggressively buying Tiger at 10 cents from ACP as he is fully aware change will happen.

New shareholders will appear in the coming shareholders list in 2018 annual report to be release on 1 NOVENBER, ......

Proxy fight is the method to takeover a company by the way of buying more than 10% shares, hold EGM and convinces shareholders to vote out the current board and replace the approving board. However although it is popular in UK, USA, but never happen here.

A lot of good analyst like CALVIN TAN, LOGIC TRADING ANALYSIS, TAN K W, EQUITY DAIRY,CP TEH etc etc should team up their followers, instead of waiting and waiting and waiting the current board to declare, to change, to hope something benefit to the minority shareholders, they should do a step ahead by accumulate the proxy enough to pressure and even to remove the board to realign their business.

Please bear in mind a lot of listed company in BURSA, the controlling stake are very loose like 11% control in Tiger currently.

12 Oct : Sparkle Our Wealth

After announcement of new substantial shareholder dated 7 September 2018
Volume have been building up..................

From 8 September to now 155m totalling 27% of paid up shares have been changed hand,
it is believable that proxy fight will be happen to remove the board of directors.

Dato are very worry and have been aggressively buying Tiger at 10 cents from ACP as he is fully aware change will happen.

New shareholders will appear in the coming shareholders list in 2018 annual report to be release on 1 NOVENBER, ......

Proxy fight is the method to takeover a company by the way of buying more than 10% shares, hold EGM and convinces shareholders to vote out the current board and replace the approving board. However although it is popular in UK, USA, but never happen here.

A lot of good analyst like CALVIN TAN, LOGIC TRADING ANALYSIS, TAN K W, EQUITY DAIRY,CP TEH etc etc should team up their followers, instead of waiting and waiting and waiting the current board to declare, to change, to hope something benefit to the minority shareholders, they should do a step ahead by accumulate the proxy enough to pressure and even to remove the board to realign their business.

Please bear in mind a lot of listed company in BURSA, the controlling stake are very loose like 11% control in Tiger currently.

12 Oct : Sparkle Our Wealth

After announcement of new substantial shareholder dated 7 September 2018
Volume have been building up..................

From 8 September to now 155m totalling 27% of paid up shares have been changed hand,
it is believable that proxy fight will be happen to remove the board of directors.

Dato are very worry and have been aggressively buying Tiger at 10 cents from ACP as he is fully aware change will happen.

New shareholders will appear in the coming shareholders list in 2018 annual report to be release on 1 NOVENBER, ......

Proxy fight is the method to takeover a company by the way of buying more than 10% shares, hold EGM and convinces shareholders to vote out the current board and replace the approving board. However although it is popular in UK, USA, but never happen here.

A lot of good analyst like CALVIN TAN, LOGIC TRADING ANALYSIS, TAN K W, EQUITY DAIRY,CP TEH etc etc should team up their followers, instead of waiting and waiting and waiting the current board to declare, to change, to hope something benefit to the minority shareholders, they should do a step ahead by accumulate the proxy enough to pressure and even to remove the board to realign their business.

Please bear in mind a lot of listed company in BURSA, the controlling stake are very loose like 11% control in Tiger currently.

12 Oct : Sparkle Our Wealth

After announcement of new substantial shareholder dated 7 September 2018
SPARKLE OUR WEALTH

After the announcement the new substantial shareholders dated 7 Sept 2018
Volume have been building up..................

From 8 September to now 155m totalling 27% of paid up shares have been changed hand,
it is believable that proxy fight will be happen to remove the board of directors.

Dato are very worry and have been aggressively buying Tiger at 10 cents from ACP as he is fully aware change will happen.

New shareholders will appear in the coming shareholders list in 2018 annual report to be release on 1 NOVENBER, ......

Proxy fight is the method to takeover a company by the way of buying more than 10% shares, hold EGM and convinces shareholders to vote out the current board and replace the approving board. However although it is popular in UK, USA, but never happen here.

A lot of good analyst like CALVIN TAN, LOGIC TRADING ANALYSIS, TAN K W, EQUITY DAIRY,CP TEH etc etc should team up their followers, instead of waiting and waiting and waiting the current board to declare, to change, to hope something benefit the minority shareholders, they should do a step ahead by accumulate the proxy enough to pressure and even to remove the board to realign their business.

Please bear in mind a lot of listed company in BURSA, the controlling stake are very loose for example 11% control in Tiger currently.

12 Oct : Sparkle Our Wealth

After announcement of new substantial shareholder dated 7 September 2018
Volume have been building up..................

From 8 September to now 155m totalling 27% of paid up shares have been changed hand,
it is believable that proxy fight will be happen to remove the board of directors.

Dato are very worry and have been aggressively buying Tiger at 10 cents from ACP as he is fully aware change will happen.

New shareholders will appear in the coming shareholders list in 2018 annual report to be release on 1 NOVENBER, ......

Proxy fight is the method to takeover a company by the way of buying more than 10% shares, hold EGM and convinces shareholders to vote out the current board and replace the approving board. However although it is popular in UK, USA, but never happen here.

A lot of good analyst like CALVIN TAN, LOGIC TRADING ANALYSIS, TAN K W, EQUITY DAIRY,CP TEH etc etc should team up their followers, instead of waiting and waiting and waiting the current board to declare, to change, to hope something benefit to the minority shareholders, they should do a step ahead by accumulate the proxy enough to pressure and even to remove the board to realign their business.

Please bear in mind a lot of listed company in BURSA, the controlling stake are very loose like 11% control in Tiger currently.

9 Oct : Sparkle Our Wealth

Who like Tiger?
A lot of Developers who are very eager to enjoy the Lucrative development in Kuala Lumpur However, due to the limited land bank and asking price are sky high prevent their move, Tiger provide them a very golden opportunity. Buy Tiger enjoy 87M of land bank plus another 10m listed status.

I believe Michelle Looi and her associates has the same intention.........................

3 Oct : Sparkle Our Wealth

What happen if all RCN convert to mother share?
Assuming share price drop to 6 sen because of huge amount of share flooded,
Market Value : 1.2 billion x0.06 sen =RM72m
Cash Per Share : 75m-12m/1.2b=5.25 sen
NTA : 228m+71m/1.2b=25sen
Purely Land bank per share : 87m/1.2b = 7.2 sen
So Still not to worry too much

2 Oct : Sparkle Our Wealth

Creative Accounting
It is the exploitation of loopholes in financial regulation in order to take advantage and present favourable figures in the financial statements. perfectly legal in law.

Tiger try to capitalised its overhead in Property Development Cost amounting RM118m as at 30 June 2018, This huge amount of asset probably will be written off one day. It can be write off exactly like goodwill or research development cost. ............

So even NTA equal to 56 sen, it might not the true figure.

1 Oct : Sparkle Our Wealth
Wrong move by obtaining fund from ACP

ACP is a private opened fund management from Singapore, their main objective is to make long term profit by providing RCN (Redeemable Convertible Notes ) to penny stock listed company. Although the interest charges is 1% per year, however normally their will squeeze
the borrower until your died. Tiger have to consolidated 4 to 1 share before obtain the fund, Furthermore, ACP entitle to convert the RCN at 10 sen.

How can the director allow to do so by scarify the shareholder interest, before consolidated 18sen (4x4.5sen) after that issuing share at 10 sen. Before share issued 531m, after fully converted 1281m.

So we are expected to see a lot of new entrants soon in our 2018 Annual Report top 30 shareholders list.

Sooner of later, Takeover can be seen such as DBE, PRICEWORTH, all taking fund from ACP............

27 Sept : Sparkle Our Wealth

Tiger definitely in a collection Mode
After Miss Michelle Looi Poh Gaik accumulated more than 5%
and make announcement on 12 Sep 2018
Immediately Dato sold 1,500,000 shares at 7 sen and Datin even throw 374,000 shares at 6.5 sen, why?

Dato adopt a suicide strategy by preventing Michelle to accumulate further share just to buy RCN at 10 sen and convert it to mother share and dispose at 7 Sen just to press down the share price and flood the number of shares.

On 20 Sept Dato buy and converted further 20,000,000 share at 10 sen, however next day 21 Sept sold 12,000,000 in the open market at 7 sen again

Although this can scare new entrants but also blood bleeding himself by loss 3 sen every share sell. Currently Dato have bought and sold 13,500,00, losses totalling RM405,000 (13.500.000 X RM0.03).

This is a defences against takeover strategy by increasing more and more share in the market and send a massage to the floor that they can further convert Rm65,000,000.(650,000,000 Tiger Shares)

Who dare to come!

26 Sept : Sparkle Our Wealth

Valuable Land bank in K Lumpur
Tiger owed 87M freehold land bank mostly in KL
Example : Cheras, Gombak, Shah Alam, Seri Kembangan, Bukit Sertang etc
Most of them has Building Plan with relevant Appoval
Ready for launching subject to Economic Turn around anytime from now.

25 Sept

Why Tiger drop drastically ?
After completed the Bukit Sri Putra Project in 2013
Developer face a lot challenging

a) Oil price drop from USD120 to USD35 per Barrel
b) GST effect
c) Bank Negara tightening the Personal and Housing loan
d) Change of Government
e) SST implementation

Most of the property counter drop 50% from 2014 till now
Tiger drop more than 86% from 14sen to 1.75 sen (ie 1.75x4=7sen)
due to no project revenue and director share forceselling pressure

24 Sept

Director heavily borrowing
Director pledged all his share to Bank (refer to 2017 annual report shareholdings list)
Bank force sell all his shares as at 3 August 2018
Dato Tan remain nil
Datin Sek (0.267%)
Miss Tan Lee Chin (his sister)( 0.14%)

21 September

NO Debt

After converted 10m RCN to tiger share, the total bank debt reduced from 12m to 2m mean debtless.