No need for AAX to submit restructuring plan since financial performance has been improved to great extent and more improvements are expected to come in coming months. With that, PN 17 criterion are no longer valid and hence PN 17 status should be lifted accordingly.

Now then AAX 's financial performance has greatly improved and Capital A will benefit from it . With the huge positive cashflow, AAX will be able to pay or advance Cap A to pay off its debts...

Previously , AAX's Shareholders’ fund less than 25% of the total issued and paid up capital has triggered PN17. Following their recent huge financial improvements and more in the coming months,Its shareholders fund is believed to have exceeded well above 25 % mark as a result of which PN 17 should be automatically lifted any moment from now ....

It is believed that AAX has assured with confidence that AAX will be able to make profitability of at least rm300m per qtr x4 = 1.2b per year. It is expected to take less than 10 years to pay off all the debts.

It is likely that Bursa would concede to AAX' s application for upliftment. I believe that Tony must have discussed this with Bursa to agree to it well in advance before submitting.

Yer,AAX applied for uplifting based on its recent improved financial performance .Do you really believe that Bursa would set a precedent for it? I doubt it ....

As expected, request for Time extention again to 28th oct 2023. Hence ,share price is expected to be stagnant if not declining.....many were caught to celebrate prematurely. Those who got stuck have no choice but to wait gruesomely for another 3 months for the final outcome ie uplifting of PN 17.

No substance but form. Hence .it is unstainable and short lived... back to square one

Even ahhuat says it is not " haut " anymore. His suggestion is akin to the bank saying to you there is no money inside the Bank.

Vashikaran... Vashikaran.... mantra......

The moustache guy keeps saying that the size matters. Size doesnt really matter but what matters the most is the " established fact of the case. A " cow" is a " cow " , it can not be twisted to be an " Ass" no matter how....

Do you really believe it will spike given the fact that its expected growths are pathetic from one QR to another? The company cant even afford to pay for the compensation for which they have admitted their guilt publicly but to delay payment by resorting to a series of futile lawsuits ... so pathetic... The current surge is illusionary.

Whether you like it or not , the facts and logics can not be twisted and distorted . You still have to face the reality and eventuality.

Now every one can hope ........

Honeymoon is over now and reality sets in . Your celebration is premature . No steady growth is expected as the future profitability is subject to the output yields which has been uncertain from one QR to another QR. Rounds and rounds of excuses /lies with creative accountings are expected to justify the expected enormous loss arising in months and years to come. The sudden surge is basically short lived.

AAX is waiting for the explosive upcoming QR whereby PN17 will be automatically lifted after that. Time extension can not be ruled out.

Honeymoon is over. Manipulation is in the process. Your ignorance is larger than your loss.

No momentum on the share price which is a harbinger of possible time extension for submission of RP again.

I Never doubt the power of AAX making big money. As said, their previous accumulated debts were not through their faults but merely attributable to natural disaster,without which,they are basically shining.

Coming to the share value,2 to 3 is within their reach.

The more confident tony feels , the more opposite the investors feel....its a funny whole world.....why?

Old men push cars but old women push aeroplanes.....

One company is targeting long haul flights while another is short to middle...

All the resolutions were collectively and duly made in the BOD. Hence ,no single directors are said to be accountable for the actions but the entire BOD. It is preposterous to single out DL as the only one who is allegedly accused of being in breach of Fiduciary duty. Breach of fiduciary duty must be proven in court ,not by MACC nor by the police. So far , no further charge brought to the PP by the MACC. Because of this reason, the new management has turned to the Police but the outcome is expected to be the same as MACC. No charge is expected. What FL and new management are doing is to buy time to delay the payment of compensation. They will face with the eventuality no matter how.

It is preposterous for the New management to challenge the Letter of Demand ( LD) in terms of fraudulent element .The LD is drafted by the legal profession and the claims stated in the LD are based on Market value of the rental on the trespassed Land. Bahvest has publicly admitted the wrongdoing of trespassing and acknowledged the claims and prepared to negotiate to settle with the non-refundable deposit of RM 13m . Now they denied it. Who doesnt respect the law ? where is the integrity of the new management ?

Basically, the new management is only buying time to delay the compensation by resorting to all these futile exercises such as lodgement of police report for fraud . The truth is that Bahvest under the new management is unable to generate cashflow from its normal operation . They are expected to make huge losses in the upcoming QR and put all the blame on the predecessor management.

AAX has no problem to get its PN 17 lifted as it is flying stronger and stronger in terms of demand...

* objection

It is learnt that RP would be submitted in time before 27/7. Shareholders of AAX have no objective and the prospects of the company is believed to be heading beyond expectation.

In view of the encouraging prospects, it is expected to fly to the moon next week....

The one who dares wins big and the one who fears loses big .... are you chickened or daring ?

We know that you are the spokeman of FL but you are kindly reminded that if a spokesperson of a PLC intentionally expressed prejudiced views to mislead investors, it would be highly unethical and potentially fraudulent behavior. Misleading investors goes against the principles of transparency and fair disclosure that are essential in financial markets.

If a spokesperson were to express prejudiced views, it could potentially misrepresent the company's values, culture, or intentions. It may create a false perception about the company's approach to diversity, inclusivity, or social responsibility, thereby influencing investors' decisions based on inaccurate or biased information.

Engaging in such behavior could not only harm investors but also have severe consequences for the reputation and trustworthiness of the company.

It is crucial for bahvest to promote transparency and provide factual and unbiased information to investors, ensuring that they have the necessary details to make informed decisions.

We trust you are wise enough to be mindful of your expression.

Judging from what you have expressed so far,it can be inferred that DL and party stand a better chance to win the case against Bahvest. It will be heavy blow to the new mgt and huge disappointment to the shareholders who are behind the new mgt.

You talk as if you were the " spokeman" of FL with a bid to persuade DL to withdraw and / or settle out of Court. Too bad,DL will not be perturbed and /or bothered to reconcile but to proceed with legal suits all the ways to recover what is due to them no matter how long it takes....

His pompousness and irrationality is larger than his loss ....

The moustache guy keeps saying that the size matters. Size doesnt really matter but what matters the most is the " established fact of the case. A " cow" is a " cow " , it can not be twisted to be an " Ass" no matter how....

Thats why I am saying it is not a matter of size but " valid grounds" to win the case. Though Apple has the size, it is not necessarily that they could win the case as their infringement of patent by Apple can be clearly established. They must respect the law and not to twist the law.

PP issured price is believed to be at around 1.74. Any price below that would be unacceptable.

Aviation biz is not easy as it is thought,certainly not to be taken over by tom,dick and Harry or proxy of creditors. License is one thing, effective and efficient operation is another thing.u may ask berjaya to take over but they still need people like Tony to manage......

Why is AAX plunging today ? It seems to be the sign of disapproval of shareholders to the RP. The shareholders are said not to be pleased with their massive sacrifice for Cap A without due consideration in return. RP could be announced to be dead again .

It is believed that the Creditors and lenders are cautious and considerate .If they are too harsh to AAX and Cap A , they will get lesser than expected when the companies are put out of business ie receivership followed by liquidation . However, they will be able to get back all the money ( its a matter of time ) if they leave a lifeline to the companies. It is believed that the shareholders of AAX are feeling the pinch of pains more than any one else...

you dont have to be rich to be righteous, similarly, you dont have to be a bxtch to be rich ...

If the shareholders of AAX were keen to salvage Cap A , they would have approved the regularisation plan( RP) fast. The way it goes with the repetitive requests for time extension for submission of RP of both companies is demonstration of the disapproval of shareholders of AAX ( Mostly ) and their being reluctant to go ahead with the RP. For Cap A, it is do or die situation, they have no choice but to be salvaged at the mercy of AAX.

Then why bother to react emotionally and blow it out of proportion if it is BS? It is clear that you are delusional.

Who is emotional now ? Certainly not me . The reason why you are pissed off is because i have hit the bulleyes with truth in it ? I believe so ....

It is observed that despite of the negative news in many occasions, the share price went opposite as some expressed "out of sense " . It was clear that the Market makers manipulated the traded stocks by artificially creating volume and price movement. A large number of shares were seen to be bought internally to create the appearance of liquidity and attract retail buyers. However, the retail investors didnt seem to fall into the trap of buying, the market makers could not dump their shares as a result. The market makers are believed to have called for the "wolves" so much so that the retail investors no longer believe them.

Your ignorance and denial of the presence of the retail investors is larger than your loss. Since your mention of retail investors is of no significant impact on the company and their participation is not important, then the company is expected to be in hibernation for a donkey years to come .........

Your mention of retail investors to be of no impact on the company and they can be easily dismissed by the said measures is preposterous . It is widely acknowledged that Retailers can have a significant impact on the movement of share prices. Companies with low participation of retailers investors are usually in hibernation for a long long times

The existence and presence of the retail investors are important . Firstly, Retail investors often have smaller portfolios with fewer holdings compared to institutional investors. This means that their trading decisions regarding a specific stock can have a more significant impact on its price, as they are more likely to concentrate their investments in a particular company or industry.

Secondly, Retail investors tend to be more active traders compared to institutional investors. They may buy or sell shares frequently, reacting to market news, rumours or their own perceptions of the company's prospects. These frequent trades can cause short-term price movements. Their active participation can not be ignored.

Thirdly, Retail collectively make up a large portion of the overall investor base. Their combined buying or selling activity and force can cause significant fluctuations in share prices, especially for stocks with a lower market capitalization. The Market capitalisation of Bahvest is less than RM 300m

Unless FL and parties are holding more than 90% of shareholding in total, the forces of the retail investors are formidable to be reckoned with. If you offend the retail investors, basically , you can kiss and say goodbye and trade of your own accord within your own fantasy.

I am who i am at liberty to express be it positive or otherwise without favouritism and/or bias....

The company is run by BOD collectively,not single directors. The whole BOD should be collectively accountable if they are said to have their duty of care and/or fiduciary duty. It is not right to targe only one and single director. Following the investigation of MACC ,no further charges have been made against anyone as at to date . No sight and / or sign of the so called the occurrence of the " embezzlement " within the company under the previous administration. All the Accounts presented under the previous mgt have been duly audited and closely scrutinised by the public in general and BURSA.

A clear distinction must be made .

Failure to discharge the fiduciary duty as a Director is different from the wrongdoing of the Bahvest for trespassing. There are two separate issues . No one has forced Bahvest to admit its wrongdoings but Bahvest has taken its initiative to make public BURSA announcement itself. The quantum of RM 20m as a claim for compensation for the wrongdoing has been duly determined based on market rate on a fair basis. Your mention of element of " cheat " in the said claim is not tenable here.

No one is pointing at you with the gun to force you to sign the agreement. You are given with the ample time to understand the terms of the agreement, It is your onus to engage legal expert to assist you if you are ignorant of the laws. Your mention of " Duress" is just an excuse. You need to prove to the court you are not in the right frame of mind when you are signing the agreement . Basically, you need to prove you are a psychopath to that extent.