Thank you sapulah for duit saku

Till we meet again very soon

Follow Medusa earn plofit

Follow Bobby DNEX buy high sell low

Kikiki…

To the moon 🚀🚀🚀🚀🚀🚀

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Follow ular bodo Holland coming

Kikiki…

KUALA LUMPUR (Dec 13): Practice Note 17 (PN17)-classified Sapura Energy Bhd has been thrown a lifeline, as at least 75% of the financiers of its approximately RM10.3 billion multi-currency financing facilities have provided the requisite approval-in-principle for a proposed debt restructuring scheme.

In a statement on Wednesday, the oil and gas service provider said it had received written confirmation from the Corporate Debt Restructuring Committee, marking a significant milestone for the group to address its unsustainable level of debt and amounts owed to trade creditors, particularly Malaysian vendors who are small and medium enterprises.

The exercise involves approximately RM1.5 billion in claims from vendors.

For the second quarter ended July 31, 2023 (2QFY2024), Sapura Energy reported a net profit of RM42.8 million or 0.27 sen per share, against a net loss of RM2.59 million or 0.02 sen per share for 1QFY2024. Revenue slipped slightly to RM1.14 billion from RM1.17 billion.

Sapura Energy group chief executive officer Datuk Mohd Anuar Taib said with the approval-in-principle, the group is quite confident towards approaching the last few milestones of its journey in exiting the status as a PN17 company.

Earlier, the group reported that it had applied with Bursa Securities for an additional six-month extension to submit its regularisation plan to exit from the PN17 status, stretching from Nov 30, 2023 to May 31, 2024, pending a decision by Bursa Securities.
“Given the hurdles we faced, it’s understandable that not everyone could give us their backing. Hence, we are immensely grateful to the valued partners who have consistently demonstrated their unwavering support,” Anuar Taib said.

At Wednesday's noon market break, shares in Sapura Energy settled at 4.5 sen, valuing the group at RM719.06 million.

Run for your life

New Minister is back

Kikiki…

Bursa is extending yet again

Sapulah is making another plofit

Follow medusa earn plofit

Follow bobby Holland coming

Kikiki…

Follow medusa now earn plofit

Follow bobby buy high sell low

Kikiki…

Bye Bye ytl

Government will cancel due to monopoly

Kikiki…

Follow medusa earn plofit

Follow bobby Dnex buy high sell low

Kikiki…

Follow medusa earn plofit

Follow bobby buy high sell low

Kikiki…

Follow medusa earn plofit

IB ask you sell, slowly buy

IB ask you buy, runnnnnnnnnnnnnnnn

Kikiki…

Confirm declare dividend with good QR

Follow medusa flying

Follow other Holland coming

Kikiki…

Limit down yahoo

Follow medusa earn plofit

Follow other Holland coming

Kikiki…

This is mafia scammer stock

Buy high sell higher
Buy low sell even lower

Kikiki…

Habisla anak taik mahmud keep selling

Runnnnnnnnnnnnnnnnnnnnnnnnn

Kikiki…

Flying very fast🚀🚀🚀🚀🚀

IB ask you sell, slowly accumulate

IB ask you buy, runnnnnnnnnnnnnn

Kikiki…

Once a scammer forever a scammer

When a company refused to follow rules and written off billions debts, it is going to be doomed

Kikiki…

Follow Medusa now earn plofit

Follow others buy high sell low Holland coming

Superb QR coming

Kikiki…

When IB ask you sell, slowly buy

When IB ask you buy, runnnnnnnnnn

Kikiki…

Runnnnnnnnnnnnnnnnnnnnnnnnnn

AAX failed to follow bursa’s directive

Kikiki…

Buy low sell even lower

Kikiki…

Runnnnnnnnnnnnnnnnnnnnnnnnnnn

Follow Medusa earn plofit

Follow RM 7 soon Holland coming

Kikiki…

TERENCE TAN KOON PING cannot be traced

Habislah geng mafia

Runnnnnnnnnnnnnnnnnnnnnnnnnn

Kikiki…

During the Case Management vide E Review on 27th October 2023, which was attended by the Plaintiffs’ solicitors Jeeva Partnership, the Court has given the following directions:-

The First Defendant, Flávio Porro, to file his Statement of Defence on/before 16th November 2023.

The Plaintiffs to file Reply to 1st Defendant’s Statement of Defence on/before 30th November 2023.

Parties to file by interlocutory application (if any) on/before 14th December 2023.

The matter is now fixed for case management on 15th December 2023.

Further, due to the inability to serve the cause papers i.e. Writ and Statement of Claim on the 2nd Defendant thus far, the court has now fixed 06th November 2023 for case management to update on status and to file the necessary application for substituted service.

Runnnnnnnnnnnnnnnnnnnnnnnnnnnn

Kikiki…

KUALA LUMPUR (Oct 25): AirAsia X Bhd’s (AAX) bid to lift itself out of Practice Note 17 (PN17) status was rejected by Bursa Securities, as the regulator set out additional requirements for the medium-haul, low-cost airline, according to sources.
Sources said for one, the regulator wants the airline to define what is — or what isn’t — a one-off item following differences of opinion.
“Aside from ticket sales, buying and selling of aircraft, for instance, is a normal income stream for airlines. They are not extraordinary items.

“Likewise, provisions for travel vouchers that are distributed to passengers and travel agents are considered normal business from an airline perspective, such that there will be a write back if they are not redeemed before the expiry date in the next quarter, effectively reversing the provisions that have been made in the prior periods. Travel vouchers are accounted for as ancillary income to the main business of selling tickets,” a source told The Edge.
But Bursa Securities didn’t see it that way. The regulator has requested that AAX’s external auditor Messrs Ernst & Young PLT (EY) provide a certificate to state that there are no one-off items on AAX’s income statements and therefore considered part of ongoing operations, said the sources.
Sources said AAX is crying foul over Bursa Securities’ additional requirement, as there currently isn’t any definition of what items can be one-off or what can be recurring for the airline industry. “There is no accounting definition detailing an airline’s one-off items. Different industries have different one-off items,” said a source.
In the fourth quarter of 2022, AAX made a provision of RM600 million for travel vouchers to passengers and travel agents, which had resulted in a sharp increase in net profit of RM153.48 million for the December 2022 quarter, from RM25.09 million in the September 2022 quarter.
Meanwhile, analysts said Bursa Securities has also imposed an additional requirement on AAX amid increased scrutiny of airlines, following the collapse of low-cost peer MYAirline Sdn Bhd recently. AAX will now have to show four consecutive quarters of net profit to exit the stock exchange’s “PN17 financially distressed” category.
“Under Bursa Malaysia’s guidelines, a company can apply to exit [the] PN17 status, following two consecutive quarters of net profit after completion of its financial regularisation scheme. However, AAX is now required to show four consecutive quarters of net profit due to concerns about the sustainability of its business,” an analyst pointed out.

Habis ikan bilis kena scammed

Follow medusa earn plofit

Follow kaktua Holland mari

Kikiki…

Already tell many times still C2Pid

When Bank ask buy, quickly sellllllllllllllllll

When bank ask sell, slowly accumulate

Follow medusa earn plofit

Follow IB Holland coming

Kikiki….

Mafia geng is making move

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To the moooooooooooooooooooooon

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Kikiki…

LONDON/SINGAPORE (Oct 20): Abu Dhabi state fund Mubadala Investment and Japanese oil and gas explorer Inpex are among firms competing to acquire SapuraOMV in a deal expected to be worth about US$1.2 billion (RM5.73 billion), according to two sources with direct knowledge.

The sale of the Malaysian-headquartered oil and gas upstream company could help boost weak global merger and acquisition (M&A) activity buffeted by headwinds from a slowing world economy, higher interest rates and geopolitical tension.

Indonesian energy company Medco Energi is also vying for SapuraOMV, an equal joint venture of Sapura Energy Bhd and Austria's OMV, with bids due this week, the sources added.

They declined to be identified named as the matter was private.
Sapura Energy declined to comment. OMV and Inpex said they had no comment. Mubadala and Medco did not immediately respond to requests for comment.

M&A activity in the Asia Pacific region and Japan dropped 26% to a 10-year low of US$624.4 billion for the first nine months of this year, versus the year-ago period, LSEG data shows.

Deal activity in the energy and power sectors in the region fell 44.9% to almost US$53 billion, LSEG data shows.

SapuraOMV produced about 30,000 barrels of oil equivalent per day (kboepd) from its two Malaysian assets, SK310-B15 and SK408 — Gorek, Larak and Bakong, Sapura Energy said in its latest annual report for fiscal year 2023.

The planned stake divestment would help bring in fresh capital while paring debt, Sapura Energy said in the report.

With exploration interests in Australia, Mexico and New Zealand, SapuraOMV targets production of 100 kboepd through organic growth and M&A activity over the next five to eight years, according to OMV's website.

In November 2018, OMV said it was investing up to US$975 million for its 50% share of the equity in SapuraOMV in a deal the intended to springboard its Asia expansion.

So many c2pid commenting

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Kikiki…

Follow medusa earn plofit

Follow mafia kenneth Vun Holland coming

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Same syndicate pump & dump

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Follow bobby Holland coming

Kikiki…

Mafia is going to cabut

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Kikiki…

@sslee limit down coming soon

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Kikiki…

Tunku Kamariah cries foul

The month-long saga to wrest control of KNM was supposed to come to a conclusion today but the outcome of the voting has erupted in controversy after Tunku Kamariah alleged possible irregularities in the vote count.

She said the proposed board of directors collectively do not recognise the outcome of today’s EGM. “We will be calling for an investigation over possible irregularities in the vote count of today’s EGM,” she said in a statement today.

“It became clear during the virtual voting that one resolution was not voted on with Heeschen’s 323 million shares. The importance of that point is it proves that the physical proxy form as given by Heeschen prior to the EGM was not recognised,” she claimed.

She also alleged KNM denied their request for an independent lawyer to observe the vote count at the EGM.

Meanwhile, Heeschen said the group is assessing the situation and will discuss with its advisers. “Our options range from conditional offers to dialogues with creditors and other stakeholders,” he added.

In a press briefing in Kuala Lumpur last week, Heeschen said his presence in Malaysia was to protect his investment and that this was not a “hostile takeover”.

This time retail investors damn smart & clever put in Andreas Heeschen & William two foreigners to provide check & balance on current management to supervise incompetent board

Bravo retail investors

Kikiki…

@purple

3. “THAT Tan Sri (Dr) Zulhasnan bin Rafique be and is hereby removed from office as a Director of the Company, with immediate effect.”

9. “THAT Steve Ho Soo Woon be and is hereby removed from office as a Director of the Company, with immediate effect.”

Zulhasnan geng UMNO should kick out immediately

Kikiki…

@bigwhitesand

Nama pun lurker. Obviously trolling to collect cheap price🤭🤭😂😂🤣🤣

Kikiki…

Told u 99.90% Kenneth Vun mafia gang will be kicked out

Listen medusa fly to the moon

Listen others fly to Holland

Kikiki…

It is common for 1st reso to complete before moving to 2nd reso.

You must be noobie & newbie

Kikiki…

If you look at track record of scammer Kenneth Vun and his mafia geng, all 100% bungkus, the most rugi is retail investors.

I will go all out ask all my geng to vote against that scammer mafia geng.

Mark my word

Kikiki…

Sorry I would not vote for Kenneth Vun mafia geng they keep manipulating most penny stocks

Be assured you have million shares from here

99.90% current board will be retained. Then the mafia geng will sell all their shares. Expect limit down coming soon

Kikiki…

Told u same geng syndicate pump and dump

4.5c coming soon

Kikiki…

@doubleup

Im not in blacklist because Im genuine rich investor not create account just for one particular stock. I have invested millions that stupiiid boy thought im here to support any team.

I only attack scammer mafia in any post like serbuk dinamik another Chinese turned Muslim scammer Mohd karam

Runnnnnnnnnnnnnnnnnnnnnnnnnnn

Kikiki…

Lies Kepala bapak Hang. Which news are fake? If too stoopiid to know who is scammer Kenneth Vun, suggest you to read more court charges against mafia scammer Kenneth Vun

Runnnnnnnnnnnnnnnnnnnnnnnnnnn

Kikiki…

Latest update: Police in the midst of calling Kenneth Vun mafia geng to assist investigation probably arrest

Runnnnnnnnnnnnnnnnnnnnnnnnnnnn

Kikiki…

1. INTRODUCTION



The Board of Directors of KNM wishes to inform that KNM Group Berhad, Deutche KNM GMBH, and Borsig GMBH (‘Plaintiffs’) had on 11 October 2023 filed a writ action at the High Court of Malaya at Kuala Lumpur vide Civil Suit No WA-22NCC-731-10/2023 against Flavio Porro and Terence Tan Koon Ping (‘Defendants’).



The matter is now fixed for case management on 25 October 2023.



2. PARTICULARS OF THE CLAIMS UNDER THE CIVIL SUIT NO: No WA-22NCC-731-10/2023



The Civil Suit is to seek the following reliefs:



(a) An order that the Defendants, whether jointly or severally, pay the Plaintiff the amount of EUR 3,444,832.16 (equivalent in currency exchange EUR 1 x RM 5.01= RM 17,258,609.12) or any other sum quantified by this Honourable Court within fourteen (14) days from the date of the order herein;



(b) An order that in the event the Defendants fail to comply with prayer (a) above, all assets and properties of the Defendants wheresoever situated and whatsoever in nature be traced, and thereafter be paid over to the Plaintiffs whether for, inter alia, the purpose of satisfying all loss and/or damage suffered by the Plaintiffs;



(c) General damages to be assessed;



(d) Exemplary and/or aggravated damages;



(e) Post-judgment interest at the rate of 5% per annum on the total sum awarded by this Honourable Court from the date of judgment until the judgment sum is settled in full;



(f) The order herein be endorsed with a penal notice pursuant to Order 45, Rule 7(4) and Form 83 of the Rules of Court 2012;



(g) Costs; and/or



(h) Any other reliefs this Honourable Court deems fit and/or appropriate.



3. BASIS OF THE CLAIM AGAINST THE DEFENDANTS.



(a) The Civil suit is in relation to the sale of the 3rd Plaintiff to Vorsprung Industries GmbH (‘the Borsig sale’) which was later terminated in December 2022.



(b) The Plaintiffs contend that the Defendants as the Directors, at the material time, owed to the Plaintiffs, amongst others, obligations under common law, equity and the Companies Act 2016 (“CA”):



(i) To at all times exercise their powers for a proper purpose and in good faith in the best interests of the Plaintiffs;

(ii) To at all times exercise reasonable care, skill and diligence.

(iii) To ensure that the affairs of the Plaintiffs are properly managed and that their assets are not disposed or exploited in a manner prejudicial to the Plaintiffs.

(iv) To manage the assets of the Plaintiffs as trustees of the Plaintiffs.

(v) To make good business decisions and judgment in the best interest of the Plaintiffs.



(c) However, Plaintiffs aver that the Defendants breached their duties owed to the Plaintiffs in the following manner:-



(i) The Defendants did not obtain prior approval from the 1st Plaintiff’s Board of Directors and/or bring to the 1st Plaintiff’s Board of Directors’ attention in executing a document entitled "Project Bear Cost Cover and Break-Up Fee Arrangement" in particular Clause 1 which exposed the 2nd and 3rd Plaintiff to the Due Diligence Costs regardless of the circumstances.



(ii) The 1st Defendant caused the execution of the “Amendment Agreement to Project Bear Cost Cover and Break-Up Fee Arrangement” without any authorization or approval from the 1st Plaintiff’s Board of Directors. The said agreement exposed the 2nd Plaintiff and the 3rd Plaintiff to unlimited Due Diligence Costs regardless of the circumstances.



(d) As the sale of Borsig was aborted in December 2022, due to the obligations imposed under the “Project Bear Cost Cover and Break-Up Fee Arrangement” and “Amendment Agreement to Project Bear Cost Cover and Break-Up Fee Arrangement” to absorb the Due Diligence Costs regardless of the circumstances, the Plaintiffs were compelled to enter into a settlement with Vosprung, although the cancellation of the sale was due to Vosprung.



(e) In furtherance the Plaintiffs’ claim against the Defendants are based on conspiracy to injure, breach of duty of loyalty and fidelity, negligence and breach of statutory duties.



The Company will make the necessary announcements as and when there are further developments in relation thereto.



This announcement is dated 12 October 2023.

Habisla same syndicate pump and dump

Runnnnnnnnnnnnnnnnnnnnnnnnnn

Kikiki…

Heeschen now holds a 7.91% stake in KNM. Together with Mahmud’s 5.03% and those of eight other shareholders, Tunku Kamariah’s side now has control of 15.71% of the interests.

Negeri Sembilan prince Tunku Yaacob Khyra, who is chairman of KNM, is also the largest shareholder. He has a 9.5% indirect stake, according to the company’s local bourse filing dated Oct 6.

Coupled with MAA Group Bhd’s 8.55% stake, Tunku Yaacob’s interest in the company now amounts to 18.05%.

15.71% vs 18.05%

Which side would win? Place your bet.

Would scammer Kenneth Vun mafia conquer and turn to another penny stocks or otherwise.

Stay tune for final countdown for EGM

Kikiki…

The wife of founder Lee Swee Eng sold on 5&6 October NOT 10 October. You baru keluar gua kah?

In fact, Taib Mahmud son bought 200m shares on 6 October you totally ignore never mentioned.

Today dumping shares is mafia geng Kenneth Vun proxy

Follow stupiiid investors Holland coming

Follow medusa earn plofit

Kikiki…

Yes. Geng mafia Kenneth Vun scammer will be soon arrested

Geng mafia keep dumping shares to ask stupiiiid blind retailers to buy

Wait below 10c baru enter

Follow medusa earn plofit

Follow scammer Holland coming

Kikiki…

Stuppiiiid only say fake news.

Terang2 geng mafia Kenneth Vun is behind the scene. German is only his puppet to sell become like other penny stock. Bank also dont want loan to fake “billionaire”

Follow medusa lose 0%

Follow others Holland coming

Kikiki…

Follow medusa lose 0%

Follow others Holland coming

Luckily listened sold yesterday

Kikiki…