Unless otherwise defined in this announcement, all terms used herein shall have the same meanings as those defined in the earlier announcement in relation to the Proposed Settlement Agreement dated 23 December 2016.
We refer to our announcements dated 23 December 2016, 2 March 2017, 21 April 2017, 17 May 2017, 24 May 2017, 10 July 2017, 17 August 2017, 27 September 2017 and 15 January 2018.
The Board of Directors of Perisai wishes to announce that on 29 January 2018, PPHSB, a wholly-owned subsidiary of Perisai has received two (2) notices from EOL both dated 29 January 2018.
By the first notice, EOL denies having committed any event of default under Clause 14.1(c) of the EVLB SHA, as alleged or at all and in the premises, EOL asserted that it remains as a shareholder in EVLB. The termination by PPHSB of the EVLB SHA is therefore disputed by EOL.
By the second notice, EOL requires the Company Secretary of EVLB to appoint a Valuer to procure the Valuation Price for the Default Shares as the Option Price of USD1 is also disputed by EOL.
Still hoping? This stocks bye bye already lah. Court case or not, if no rescue plan sure delist. Court Case like this need few years to settle (loser will appeal),,,if every company act like this, then what's the point SC set a deadline?
This stock is held by big govenment investment bodies like EPF and Tabung Haji don't think the government will allow it to simply delist and create loss to the investment holding body????
@FiveStar, MAS owned by who? It has been delisted twice. Anyway in 2017 annual report I don't see any government fund as 1 of the largest shareholders woh. So delist is possible, very possible
HAHAHA...DREAM DREAM DREAM....if so certain all in loh...use your credit card, take out all the cash,,,3 credit cards, each 30k,,,90k joh.,,,,pump in now if so certain....270k in 1 week...haha
Not enough,,,refinance your property, ask money from Ah long....put in half a million, 1 weeek 1.5 mil gain.
Credit card safer,,,worst go AKPK for help only...HAHAHAHAHAHAH
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
AlibabaInf
518 posts
Posted by AlibabaInf > 2018-01-29 17:52 | Report Abuse
Run also 0.07