PART A PROPOSED RENEWAL OF AUTHORITY TO BUY-BACK ITS OWN SHARES BY THE COMPANY
PART B PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR THE EXISTING RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROVISION OF FINANCIAL ASSISTANCE PROPOSED NEW SHAREHOLDERS’ MANDATE FOR ADDITIONAL RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE AND PROVISION OF NEW FINANCIAL ASSISTANCE
--------------------------------------------------------------------------------------------------------- . The above proposals will be tabled as Special Businesses at the Sixteenth Annual General Meeting (“AGM”) of Wah Seong Corporation Berhad (“the Company”). Notice of the Sixteenth AGM of the Company together with the Form of Proxy is set out in the 2015 Annual Report of the Company. You are requested to complete the Form of Proxy for the Sixteenth AGM and deposit it at the Registered Office of the Company at Suite 19.01, Level 19, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur, Malaysia not less than forty-eight (48) hours before the time set for the meeting or any adjournment thereof should you be unable to attend the meeting. The lodging of the Form of Proxy will not preclude you from attending and voting in person at the meeting should you subsequently wish to do so. Last date and time for lodging the Form of Proxy : Wednesday, 18 May 2016 at 11.00 a.m. Date and time of the AGM : Friday, 20 May 2016 at 11.00 a.m. Place of the AGM : Perdana IV, Level 3, Cititel Hotel, 66 Jalan Penang
kolek...kolek.......kolek...kolek....support level 0.76.........NTA 1.26....share buy back in progress......TP...nothing less 1.20....no worries ...EPF still major shareholder.......ha...ha...ha...
EPF Nature of interest Direct Direct (units) 45,589,281 Direct (%) 5.899. Total no of securities 45,589,281
Wah Seong (Neutral, TP: RM0.90): Expands building materials business into Sabah. Wah Seong Corp is expanding its building materials, industrial equipment and machinery business into Sabah by forming a JV with Sabaconcrete SB, a Sabah-based company involved in ready mixed concrete supply and transportation. Wah Seong said its wholly-owned unit Syn Tai Hung Trading SB will own 70% of the JV company and Sabaconcrete the balance 30%. (Financial Daily)
epf continue selling. Another similar stock is drbhicom. Epf sold back then. Now i think they have stop selling but the price hard to recover. Will waseong face the same predicament?
and we can't always relied on NTA. Bjcorp having nta 1.60+ but share is below 0.40. There is 1 saint predict bjcorp to reach RM10. I guess not in my lifetime.
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....
waseong
202 posts
Posted by waseong > 2016-04-14 19:50 | Report Abuse
No news.