The Board of Directors of Annum (“Board”) wishes to announce that the Company has on 4 August 2023 received a notice in writing pursuant to Section 281(1) of the Companies Act 2016 (“the Act”) dated 3 August 2023 ("Notice") from Messrs. PCCO PLT (“PCCO”) on their resignation as Auditors of the Company. Pursuant to Section 281(2) of the Act, PCCO term of office will end after 21 days from the date of the Notice.
The Board wishes to inform that the resignation of PCCO was on a voluntary basis, due to their limitation of resources and the Board is not aware of any matter that need to be brought to the attention of the shareholders of the Company.
Further announcement will be made by the Company on the appointment of new Auditors in due course.
Hey Victim1, can trust this co or not...!? Takut lar... Auditors resign mean something not light (right)... What you think Victim1.... Also as you say they in Ageson before !
Same boss same director so you think will this annum will be like ageson. Now ageson propose a RM2 afton sdn bhd that just register company not even a month can afford to buy over ageson shares?
For those thinking of investing in this company, have a look at Eskons. https://www.youtube.com/watch?v=g1byo-eO4CM Eksons was originally a plywood manufacturer which then diversified into property development. In Jan 2023 Eksons ceased the plywood business. Doesn’t this path sound familiar when you look at Annum?
Becareful with this conman counter! News of searching for new Auditors doesn't look good, Malaysia got so many auditor firms why is it so hard to find a one? Unless you want to get someone so sign off your dubious accounts and report. Investors be cautious!
Dato Sri Larry Liew Kok Leong is using fake Dato Sri title. Why SC and Bursa allow them to cheat to share holder? They never do KYC to all director? SC and Bursa so lousy. Only protect the rich.
This is public cheat. Why Bursa allow listed company director cheat to public. Larry Liew Kok Leong use fake Dato Sri to cheat credibility from public.
Everyone, please help to submit your complaint. Let's our Fatty Dato Seri Larry Liew Kok Leong famous. He earn so much money from us. We should make him famous....
I found the link and did my complain. Others can please help to submit your complain as well? Hopefully more people complain, authority can take it seriously. I will email my complain to Bursa and SC as well.
Already warned you guys this is a CONMAN counter, same boss same company ARBB, ANNUM, AGES, all same same, from China to Malaysia and will be running to other country as his next stop to repeat the same thing. For those who think "the stock is low enough, good time to pick up", good luck to you, it will only go lower. The cash already been siphoned out gradually and what is left will be just an empty shell. BURSA not taking action, God will punish the culprit behind, just the matter of time.
You have a stock portfolio to provide a balanced and risk-adjusted exposure to the stock market. But for this to be meaningful, the stocks in a portfolio should not be correlated.
This then begs the question. Should the correlation be based on price or some business fundamentals?
The ideal case is to have uncorrelated stocks based on both market price and business performance correlation. This will achieve diversification that addresses short-term volatility and aligns with long-term investment objectives.
In practice I seldom look at price correlation in my stock portfolio as I am a long-term investor. I look at correlation from a business perspective.
Take the example of Eksons and Annum. The former was in the plywood and is now attempting to be a bigger property developer. Annum is still in the plywood business although it has ventured into construction and property development. The top chart shows the ROE trends of the 2 companies while the bottom chart shows the share price trend. https://i.postimg.cc/xCngD2cF/Eksons-vs-Annum.png Should they be in the same portfolio?
What we can do for now ? We can’t trade any I still have half of the value inside , and I checked if they can’t provide the financial report by this month , might be delisted in bursa , how about my money ?
All these problematic companies under the same hands of Dato Seri Larry Liew Kok Leong, authority didn't sense anything fishy about thier accounts? As a shareholder we are curious to know where the money goes?
From May 30 QR: "....The Group has launched the smart farming business in May 2023. In this quarter, the smart farming business has commenced to generate revenue via selling the greenhouse to agriculture entrepreneurs. Moving forward, the Group will also manage the greenhouse for the agriculture entrepreneurs. ..."
I participated in RI, because smart forming should be part of the future. Happy that the Greenhouse is in operation, pretty fast.
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....
TakeProfits
1,229 posts
Posted by TakeProfits > 2023-05-09 01:54 | Report Abuse
Betul kah Sangjero...Bila Akan Sampai 2.50....hehehe..Thix year, next year or in 5 years time !! Haha