There will future international jetty development connecting Singapore, Malaysia and Indonesia at desaru. Now dragging activity is ongoing E-commerce warehouse development somewhere in Teluk Ramonia area..PBT has approved the development proposal..
MACC should investigate how so many minority and innocent investors are cheated by big boys in this manner...PPs , consolidate,ESOS etc....look at Netx,Mlabs, DGB, Vortex,Fintec, on their Modus Operandi....
Yes, keep issuing ESOS to buy at cheap price and sell at market to make huge gains. Let's attend EGM and vote against for Private Placement for issue share BELOW NTA. Give a like if you're supporting
The Board of Directors (“Board”) of Sanichi wishes to announce that the Company had on 30 October 2020 entered into a Joint Venture Agreement (“JV Agreement”) with PDZ to formalise and set out the terms and conditions of their joint venture and of regulating their relationship with each other via their respective investment participation in the joint venture through a joint venture company (“JV Company”) to be incorporated (“Proposed Joint Venture”)
Reference is made to the Company’s announcement dated 17 July 2020 in relation to the Collaboration Agreement entered into between Sanichi and PDZ (hereinafter referred to collectively as “Parties” and individually as “Party”) to jointly develop and operate a regional e-Commerce logistics hub (“Logistics Hub”) on the land located in Desaru, Johor (“the Land”).The Board of Directors (“Board”) of Sanichi wishes to announce that the Company hadon 30October 2020entered into a Joint VentureAgreement (“JV Agreement”)with PDZ toformalise and set out the terms and conditions of their joint venture and of regulating their relationship with each other via their respective investment participation in the joint venture through a joint venture company (“JV Company”) to be incorporated (“Proposed Joint Venture”).
Structure of the JV Company and Equity ParticipationSanichiand PDZ have agreed that within thirty (30) days of the execution of the JV Agreement, a JV Company shall be formed with an issued share capital of RM1,000.00 only comprising 1,000 ordinary shares to be held by the Parties in the following proportion:ShareholdersNumber of SharesPercentage of ShareholdingSanichi60060%PDZ40040%Total1,000100%Within three (3)months from the execution of the JV Agreement, the issued share capital of the JV Company shall be increased to RM22,500,000.00 comprising 22,500,000 ordinary shares to be held by the Parties as follo
Why MACC & PDRM not investigating KLSE blatant approval of such scam proposals......worse than Macau Scam·。。。 in future such scam proposals should be guaranteed by the directors of the listed company like banking loans
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....
linheng
1,373 posts
Posted by linheng > 2020-10-14 09:31 | Report Abuse
Sanichi owns 11% in metronic. Metronic very active but sanichi sleeping gaint