according to source close to the matter that the auditors are not able to give an opinion to the accounts and thus not able to submit the financial report. run for your lives...
Further to the Listing Circular no. ILC-05052016-00007, kindly be advised thatthe abovementioned Company has on 9 May 2016 submitted its annual report forthe financial year ended 31 December 2015 ("2015 AR") to Bursa MalaysiaSecurities Berhad ("Bursa Securities") for public release pursuant to Rule 9.23of the ACE Market Listing Requirements. In view ot the above, there will be nosuspension of trading in the Company?s securities on 10 May 2016.VICE PRESIDENT, ISSUERSYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com hip hiphooray.. time to roar...this normal news also can goreng 2 cents at least
Annual report shows RA has a total banking debts of 30million with 0 assets, A really fantastic company,another bursa boleh,SC boleh,malaisia boleh story!
The malaisia investment public again have been screwed big time in this case, Francis tan n salvatore dali should be jailed for cheating the minority investor.
Hopeless company. According to their AR, they have defaulted all their bank loans and with a loss after tax of RM90.4Mil. Further, in their income statement, they have recorded a hugh "other expenses" with no idea what it is of RM82 Mil. Better run fast.
they must be trying hard to get money to repay back the whatever outstanding loan. but, it's a huge amount ya.... the reverse takeover company must think twice
Buy and accumulate when general are negative. Sell and throw when general are positive and hot. White knite is made known, sunlight is seen, efforts are on,...General are negative from volume traded. Clear enough.
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Posted by richman > 2016-05-06 10:21 | Report Abuse
sorry 0.005cts