Two elephant bring down each other.....but all the small ant kena hurt........

Maybe is Freddy Lim and Gang unloading.....Goreng and Goreng....

At the end all back to square except the share price........all investor hurt because of this drama.....

Bullballs

Lo No need fight and win already with this ugly skill.........major shareholder will prefer to support him for the continuous of business.....

I would suspect previously big slump of price is dump by FL if DL still holding his 16% share.......

The drama may ending soon.....most of the shareholder will force to support DL in the EGM to avoid the court fight......This is why DL so confident that he will gain the support.....

" The matter was put in abeyance due to the goodwill and relationship of both companies. However, the Special Notice of Intention to Move resolutions for the removal of key management persons namely, Datuk Lo Fui Ming, and the proposed convening of a members’ EGM on 25th May 2023 has triggered an adverse response from Southsea Gold. The possibility of incoming new management would certainly undo all goodwill between the respective companies "

Very obviously is a threaten to Opponent and warning to all shareholder, if you want continue the business then u need support Lo.....

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=136446&name=EA_GA_ATTACHMENTS

A reply to Bursa Query.....

As lesson, Don all in one stock, we don know profit or risk come first....This stock reach 12years low, all shareholder suffer no one can avoid.......

MOHD AMIR BIN MASRY very clever deal with someone at 30 sen.....he can collect back at lower range in futures.....

Actually this i not a good move by LO, he will also get into trouble:
1. The company may sue Lo for misuse any company resources or causing wrongful Loss towards the company
2. Will be investigate if got any under table transaction without shareholder permission
3. Lo loss his Bahvest resources to mine
Really don know who advise Lo in such move.......

https://www.theedgemarkets.com/node/665898

fl get a empty company and dl lose his income......

The better ways is two party sit down and talk for win win situation, if not two party also in trouble...

sell his share through open market

All those thing will only be clear when there is a court case going on.....

Alankam159

If bahvest really trespassing the land without permission or contract, then bahvest have no choice but to remove it thing although owner didn't sound for long time. Therefore I say this trespassing definition is very uncertain in here.

From the info, it show that Bahvest plant were setup in accordance with mining plan submitted to EPD Sabah......correct me if i am wrong......

Alankam159

that is the question, because Lo just give a letter say bahvest have trespass, but didt show where.......

Here are some info share by the friend in KLSE.....

https://drive.google.com/file/d/1fW6q4I1a8VVo5Xcfi6wcNE8lMTqlfrg6/view
https://drive.google.com/file/d/1nE4Zq9RZAqlUfJ78VFS32K7GiLbG9NBn/view
https://drive.google.com/file/d/1foIF2hN25C7LnbyFAV6y4XqHPu72mbjK/view
https://epd.sabah.gov.my/v3/explore/special-eia-lists/seia-the-proposed-gold-mining-mount-wullersdorf/

The are some question regarding the trespass issue which still uncertain:
1. How many area being trespass?
2. How many production being affected ?
3. How come the plant able to setting up without owner permission in first place as normally the company need do site surveying and submit a report to authority every month, don tell me u don know how to read the border line and layout plan.

the CFO should have more info regarding the finance and land contract....if Not what the purpose they take over the empty company .......

bursa different one, when get into pn17 only can fly, this u can see at Airasia......

off market dispose normally is two party inside deal,
not include in the normal share trading volumn.....

Maybe his son don want get into this tussle, therefore quit first......

just curious who buy MAB VENTURES SDN BHD off market.....

Changes in Director's Interest (Section 219 of CA 2016) - MR LO TECK YONG
2023-05-05 - 5:18 pm

Notice of Person Ceasing (Section 139 of CA 2016) - MAB VENTURES SDN BHD
2023-05-05 - 5:18 pm

The story now is the landowner also the same boss to bahvest, impossible he don know bahvest already trespass his land for 7 years......or maybe he also using bahvest resources to korek in his own land also......who knows the story behind.....

if Bahvest is the tool for him to korek the gold, do u think he will give up bahvest ?

it will take time for him to start up a new korek team again.....especially current gold price is at peak.....

if today no party block can all the way up to 30 cent.......

Alankam159

about 3 million share queue block at 0.24 disappear.....Monitoring the price.....

Half of the share at 0.24 take away lol......nice manipulate....

So huge amount of share block at 0.24....who so bad.....

Another scripts....Maybe is two party together make drama to bring down the price then they all can collect quietly.....after done come out news dispute solve and price fly....

see the buy and sell queue, the huge amount of share not a normal trader able to do it, got ppl prevent down and up.....

So many years korek on his land no problem........suddenly issue this letter when got ppl want to kick him out.....very obvious his intention to threat all the shareholder.....

Lo no need threaten the shareholder..... He just goreng Bahvest to RM 1 sure all minority shareholder will support him one....

Seem like today still continue press down.......Lo will also kena sue for misuse bahvest resources for self purpose if he lose the position.....

Mr A company pay to Mr A company this really funny....wait Friday for drama...

RM 20.4 mil small amount only to them and not the important point, today share trade also already 40mil lol....just want to know who sell and who eat the huge shares........

Today transaction around 150mil, if today 62% is share selling mean already sell about 100mil, if continue sell mean one of the party will lose the control in EGM...

You use Bahvest to korek the gold, but the earning go into Southsea Lo pocket, and Bahvest shareholder get zero, sure not happy lol....

0.23 sen is the fighting stage now...Huge volume exchange.....

Lo and Opposition still fighting, see who will run out the money first........

share value up down doesn't matter to him just a figure, important is the gold mine, which is a real big profit to him....

Maybe today drama is to goreng down the price to let the opposition shareholder force sell at current low price
Then Lo can collect at lower price and stronger he position at EGM....nice script...nice drama....

" Southsea Gold is 75%-owned by Lo, who owns 16.09% in Bahvest. " by The Edge

Very drama......

" (c) From September 2017 to April 2023, Wullersdorf has been conducting gold mining operation with structure.......wrongfully occupying Southsea Gold's Mining lease land...."

Seem like more than 3 years wrongful occupying the land, where to find this so kind landowner…..

After 3 years only sue this really funny...

can RM 1 before cny ?

Any sharing on today agm ?