LearnFromPro

LearnFromPro | Joined since 2021-04-07

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2021-04-07 08:53 | Report Abuse

Learn from Dato Donald Lim in ADVANCE INFORMATION MARKETING BERHAD (AIMS).

Same Mak Siew Wei VGO tricks. Ignore him.

Real Asdion investors shall just ignore Mak Siew Wei's trick. Hold to your shares, the real business will paid off when their real business in operation. Read the real announcements, the Kelantan State concession is doing very well until greedy Mak Siew Wei came in through his nominees.

Anything else is fake.

The abuse of AT Bhd VGO is a joke, even if you sell to him, if he don't gets enough shares will just call off. Moreover with The Edge triggered the probe, the authorities already waiting for his nominees to move then step in. Like Ishak kes but 100 times bigger. Ishak charged and paid RM20 million to get himself out for 1 PLC. The Edge leaking 21 public listed companies involved, investigators might find more than 30 companies by now, and might set KPI to get RM1 billion settlement or hundred people mass crack down or go behind bar when the money scheme history repeats. If not Bursa or SC, other government agencies will do it. Too high profile especially series of VGO. Eventually will falls apart once triggered.

The VGO story is another joke how advisors spin excuse rationale for the Asdion acquisition. Copy and paste didn't even knowing what business Asdion is doing. It's a small logistic company not worth perhaps 2 million Ringgit at most, with port business contract and like any concession, cannot change beneficial owner or control. Assume ignore contingency liabilities Asdion business contracts triggered if VGO stealth succeeded, that's a GN3 with a lot of debt, creditors, liquidators will take over immediately. Many PLC happens before. Banks set rules to avoid flip and run, nothing new.

Asdion existing management also should do better and continue focus on current project rather than waste time entertaining authorities or these people. Just answer no idea and all VGO purchase reasons are bogus, made up, and not true. Let them self justify.

Let The Edge do their job. Let authorities do their job and find scapegoat else where.

Waste of time looking at the shares. If existing management send proxies, support them for business. The VGO, XO, OX, macau scheme, ignore. If share drop, buy some, else don't bother.

Mind you business.