Posted by Shareholder99 > 2020-07-02 12:13 | Report Abuse

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Let’s reciprocate to Yee Lee Major Shareholder Unfair Privatization
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These cunning fellow first trying to buy out minority shareholders’ shares, in big discount to net asset value. After minority shareholders have been supporting the company for so long, it immorally kicks out minority shareholders, so it can enjoy the large valuable asset in the company by themselves. Then, taking advantage of the Covid-19 outbreak, using Bursa rules loophole to further lower the privatization price, squeeze the last drop out of dissenting minority shareholders.

Well, we all lose out in this battle to protect our interest, but we can at least do something to reciprocate to our selfish and disgraceful major shareholders, who are Dato' Lim A Heng @ Lim Kok Cheong, Datin Chua Shok Tim @ Chua Siok Hoon, Lim Ee Young and Langit Makmur Sdn Bhd.

From now on, lets reciprocate to their unfair privatization:
(1) Make sure don’t invest in any company that these people owned or involved in, else you may end up in same story, being forced to sell your shares in lost.

(2) Boycott all Yee Lee products, such as Red Eagle (Helang Oil), Vesawit, SunLico, NeuVida, Vecorn, Vesoya, Sabah Tea, Sabah Tea Tarik, Red Bull. Anyway, in the first place I also think these products are of low quality, mainly targeting low and cheap market.

(3) Make their business conduct difficult, by voting against any resolutions, if they purposely not sending annual report, circular, complain to company commission, make them trouble to needing to answer to authority.

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Posted by Shareholder99 > 2020-07-02 12:17 | Report Abuse

We should punish major shareholder, boycott all Yee Lee products, such as Red Eagle (Helang Oil), Vesawit, SunLico, NeuVida, Vecorn, Vesoya, Sabah Tea, Sabah Tea Tarik, Red Bull. Then only they will learn their lesson, not dare to treat minority shareholders unfairly.