pondan youngblood29us....you the only one got PANIC liao,....kihhh 3X others stay KOOL - nothing happened . Actually the loss now become much smaller - there is positive impact from Cambodian Lottery & gaming BIZ . So now you surely regret liao pondan young !...Please BANGGG you head to the wall @ coconut tree 5 X as a lesson !
did you guys notice the volume on warrant A and B .Something is cooking because the Cambodian PM is in KL. Insider buying !!! Logically no reason for buying the warrant when the mother is down. Big push is expected for the Mother very soon!! Good times are back
KUALA LUMPUR (June 7): Luster Industries Bhd saw changes in its boardroom with 47-year-old Hong Kong-based businessman Gary How Soong Khong emerging as the company's managing director.
He is replacing 60-year-old Lim See Chea, who was redesignated as company executive director effective today.
In a filing with Bursa Malaysia today, the high precision plastic parts and components manufacturer said How's appointment was with immediate effect.
According to Luster Industries, How is the managing director of a private company in Hong Kong, Citi-Champ International Ltd, and manages his family's business which includes hotel, property, manufacturing and gaming.
Prior to this, he was involved in various managerial positions in the business arena in Hong Kong, mainly in business feasibility studies and management in the family's existing businesses and also identifying new investments.
He is also currently involved in identifying and enlarging the scope of investments for the family businesses overseas. He was also previously an executive director in a company listed on Bursa Malaysia Securities.
Aside from that, his spouse Yap Yoke Chuan and brother in-law Yap Kean Kok were also appointed as the company's executive directors with immediate effect.
Luster Industries, through its subsidiaries, assembles printed circuit boards, manufactures precision plastic parts and components and sub assembly of plastic parts and products.
In separate filings, Luster Industries said several members who sat on the current board, including two of its executive directors, Lim See Meng and Lim See Hwa, have resigned from their posts to focus on subsidiaries' business and operation.
Ng Chin Nam, who was the independent and non-executive director, also resigned from his post due to other work commitments.
How once caught media attention after he expressed an intention to take up shares in Masterskill Education Group Bhd in 2014.
In March 2014, How had entered into the option agreement with Masterskill executive chairman and single-largest shareholder Siva Kumar M Jeyapalan, in which he agreed to acquire a 29.76% stake in Masterskill from the latter at RM1.10 apiece.
The agreement allowed How until Sept 18, 2014 to exercise the option to acquire Siva Kumar's then entire 122 million shares in the company for RM134.2 million cash, while Siva Kumar had a put option to sell his shares to How between Dec 18, 2014 and Jan 18, 2015 at RM1.10 each.
But the deal fell through in October 2014. According to Siva Kumar, this was due to How being unable to deliver his end of the bargain.
At that time, How was Masterskill's group chief executive officer.
At the noon market break today, shares in Luster Industries traded unchanged at 6.5 sen, for a market value of RM112.57 million.
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....
120453
712 posts
Posted by 120453 > 2016-05-31 11:24 | Report Abuse
PN17 pretty soon . . .