Meena indeed seek Abu Dhabi court injunction to stop International court award but failed . Refer latest FY19 Q4, zelan is in the process of registering the award in Abu Dhabi court n thereafter to proceed with the execution proceedings against the project owner .
During MCO business hold more cash secure to the business. Is means good sign and strong financial for the company. Management redtone alert what should do. Clap, clap, clap....
After 1 month of heavy promotion, ppl are realising too much noise and needs more quiet. And the Redtone has to change color to Greentone for thermometers to confirm that its getting healthier . Getting down to realistic prices is what forumers are waiting for and not to be bumped up for punters to take profit easily
CEO is keep selling shares in 2019 and resigned as remuneration committee together with ED :
Type of Board Committee Remuneration Committee Date of change 26 Aug 2019 Salutation MR Name LAU BIK SOON Age 49 Gender Male Nationality Malaysia Type of change Resignation Designation Member of Remuneration Committee Directorate Executive
Type of Board Committee Remuneration Committee Date of change 26 Aug 2019 Salutation MR Name HO MENG Age 60 Gender Male Nationality Malaysia Type of change Resignation Designation Member of Remuneration Committee Directorate Executive
Pursuant to Rule 14.08 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Company wishes to announce that it has received notifications from the following Directors and Principal Officer of the Company of their intention to deal in the securities of the Company during the closed period pending the announcement to Bursa Securities of the results for the financial quarter ended 31 March 2020. Their current interests in the securities of the Company are shown in the table below:-
Name Nature of Interest in the Company No. of ordinary shares as at 21 April 2020 % Lau Bik Soon (Director) Direct Interest 2,810,360 0.364 Dato’ Mohd Zaini bin Hassan (Director) Direct Interest 20,000 0.003 Mathew Thomas a/l Vargis Mathews (Director) Direct Interest 615,000 0.080 Lau Hock Chye (Chief Financial Officer) Direct Interest 10,000 0.001
MMC has assigned back the previous Finance-GM whom handled the Meena case to Zelan since more than 1.5 years ago, become COO now . CEO is back also just last 2 months. something is brewing...
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Johnchew5
11,780 posts
Posted by Johnchew5 > 2020-05-22 05:34 | Report Abuse
Ho ho what happened to Redtone during recession 2008 to 2009 ? EPS as below :
May2007 : 4.17 sen
May 2008 : ( - 3.69 ) sen
May 2009 : ( -1.70 ) sen
>> Redtone is badly affected during 2008 to 2009 recession but not Zhulian .