Date of change 01 Jul 2022 Name MR PATRICK TING Age 60 Gender Male Nationality Singapore Designation Executive Director Directorate Executive Type of change Appointment Qualifications No Qualifications Major/Field of Study Institute/University Additional Information 1 Masters Master of Business Administration (MBA) George Washington University 2 Degree Bachelor of Science (B.Sc.) University of Maryland
Working experience and occupation 1. Saudee Group Berhad - Chief Executive Officer (May 2022-Present) 2. Seapower Trading Co. - Group Chief Operating Officer (Feb 2011-May 2022) 3. Premiumlink Consulting Co. Ltd. - Founder/Executive Director (Jan 2012-May 2022) 4. Talacontract INC. - Group Chief Executive Officer (Nov 2009-Dec 2010) 5. Macau Port Sun Logistics - Managing Director (Jan 2008-Aug 2009) 6. Global Golf & Gifts - Chief Executive Officer/ Co-Founder (Jun 2001-Oct 2007) 7. Exage Systems - Sales & Marketing Director (May 2000-Apr 2001) 8. DHL International - Regional Global Account Manager (Apr 1999-Apr 2000) 9. Toyota Motor Vietnam - National Country Sales/ Brand Director (Jan 1995-Mar 1999) 10. Singapore Electrical & Electronic Ltd - Business Development Manager (Oct 1993-Oct 1994) 11. Morgan Stanley - Project Manager (Dec 1991-Apr 1993) 12. MCI Telecommunications - Project Manager (Jan 1989-Nov 1991) Directorships in public companies and listed issuers (if any) Nil Family relationship with any director and/or major shareholder of the listed issuer Nil Any conflict of interests that he/she has with the listed issuer Nil Details of any interest in the securities of the listed issuer or its subsidiaries Nil
Announcement Info Company Name PERMAJU INDUSTRIES BERHAD Stock Name PERMAJU Date Announced 01 Jul 2022 Category Change in Boardroom Reference Number C03-29062022-00019
Date of change 01 Jun 2022 Name MR PATRICK TING Age 60 Gender Male Nationality Singapore Type of change Appointment Designation Chief Executive Officer Qualifications No Qualifications Major/Field of Study Institute/University Additional Information 1 Degree Decision Management Science University of Maryland, USA 2 Masters International Business George Washington University, USA
Working experience and occupation 1. Chief Operating Officer, Seapower Trading Co., Ltd (February 2011 to May 2022) Specialise in restructuring company in the initial period with focus on change management. Further acted as company's Chief Operating Officer heading marketing, logistics, IT and all other operational business functional groups. Grew the company business especially in the beverage business 10 folds during his 11 years tenure.
2. Founder/Executive Director, Premiumlink Consulting Co., Ltd (January 2012 to May 2022) Specialise in new start-ups from conception to operational and a wide range of corporate management consulting. Directorships in public companies and listed issuers (if any) NIL Family relationship with any director and/or major shareholder of the listed issuer NIL Any conflict of interests that he/she has with the listed issuer NIL Details of any interest in the securities of the listed issuer or its subsidiaries NIL
Announcement Info Company Name SAUDEE GROUP BERHAD Stock Name SAUDEE Date Announced 01 Jun 2022 Category Change in Principal Officer Reference Number C04-31052022-00005
Ada pihak dalaman mau telan syer saudee melalui pihak luaran kot?
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") (I) PROPOSED PRIVATE PLACEMENT; AND (II) PROPOSED SIS (COLLECTIVELY, THE "PROPOSALS") SAUDEE GROUP BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING Description SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY")
(I) PROPOSED PRIVATE PLACEMENT; AND (II) PROPOSED SIS
(COLLECTIVELY, THE "PROPOSALS") On behalf of the Board of Directors of Saudee (“Board”), TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company proposes to undertake the following:
(i) proposed private placement of up to 347,000,000 new ordinary shares in Saudee, representing up to 35% of the total number of issued ordinary shares of Saudee to independent third-party investors to be identified later and at an issue price to be determined later (“Proposed Private Placement”); and
(ii) proposed establishment of a share issuance scheme of up to 15% of the total number of issued ordinary shares of Saudee (excluding treasury shares, if any) to the eligible directors and eligible employees of Saudee and its subsidiaries (“Proposed SIS”).
Further details of the Proposals are set out in the attachment below.
Announcement Info Company Name SAUDEE GROUP BERHAD Stock Name SAUDEE Date Announced 17 Aug 2022 Category General Announcement for PLC Reference Number GA1-17082022-00064
Wow... that looks like 'a daylight robbery'... No point investing like this... always get swindled by related party expoitation under the name of PP/SIS/ESOS/RI.... Prices always go down...
Skim mencuri wang pemegang syer minoriti lagi? Dahsyat :)
5157 SAUDEE SAUDEE GROUP BERHAD NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY")(I) PROPOSED PRIVATE PLACEMENT; AND(II) PROPOSED SIS(COLLECTIVELY, THE "PROPOSALS") You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Well shareholders should vote against it. Besides, offer of new shares must be made to the existing investors / shareholders. This was stated by the Malaysian Court of Appeal in Concrete Parade Sdn Bhd v. Apex Equity Holdings Bhd & Ors [2021] 9 CLJ 849.
Individual Quarter Revenue for the quarter under review (Q4 2022 vs Q4 2021) increased by RM9.81 million to RM28.11 million as compared to its preceding year corresponding quarter of RM18.30 million. The increase in sales were due to the increase in revenue of FPP product. The Group reported loss before tax (Q4 2022 vs Q4 2021) of RM7.13 million in current quarter as compared to loss of RM4.79 million in preceding year corresponding quarter under review. The Group generated operating profit of RM0.11 million in Q4 but this impact been mitigated by the followings: a) Loss in investment in quoted shares amounted to RM7.19 million due to mark to market value as at quarter under review b) ESOS expenses granted to eligible employees amount to RM1.35 million. Total non-operating expenses for the quarter under review is RM8.54 million.
--------------------------
No matter how profitable a co from its original business revenue if the boss decided to invest elsewhere ... buy high sell low or venture into non profitable jv, a nett profit can turn to nett losses..
Taktik yg sama, dilute shareholdings of minority shareholders, private placement kpd kroni pada harga lelong termasuk esos pd harga lelong kpd pengarah2 terutamanya.
Skim cepat kaya bagi kroni dan para pengarah yg tak beretika
For consistency, the abbreviations used throughout this announcement shall have the same meanings as those defined in the announcement dated 17 August 2022, where applicable, unless stated otherwise or defined herein.)
Reference is made to the earlier announcement dated 17 August 2022.
On behalf of the Board, TA Securities is pleased to announce that Bursa Securities had, vide its letter dated 27 September 2022, approved the following:
(i) listing and quotation of up to 347,000,000 new Saudee Shares to be issued pursuant to the Proposed Private Placement; and
(ii) listing and quotation of such number of additional Saudee Shares, representing up to 15% of the total number of issued Saudee Shares to be issued pursuant to the Proposed SIS.
The approval by Bursa Securities for the above is subject to, amongst others, the following conditions:
(i) Saudee and TA Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposals;
(ii) Saudee is required to furnish Bursa Securities with certified true copy of the resolutions passed by the shareholders at the extraordinary general meeting approving the Proposals;
(iii) Saudee and TA Securities are required to inform Bursa Securities upon completion of the Proposals;
(iv) Saudee is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposals are completed;
(v) TA Securities is required to furnish Bursa Securities with details of the placees as per Paragraph 6.15 of the Listing Requirements for its review, prior to the issuance / allotment of the Placement Shares;
(vi) TA Securities is required to furnish Bursa Securities with details of the placees in accordance with Paragraph 6.15 of the Listing Requirements as soon as practicable after each tranche of placement and before the listing of the new shares to be issued pursuant to the Proposed Private Placement; and
(vii) Saudee is required to submit a confirmation to Bursa Securities of full compliance of the Proposed SIS pursuant to Paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation.
Last year right issue 15sen. Now 3 sen buat pp untuk kroni2 pulak
Entitlement subject Rights Issue Type Renounceable Entitlement description RENOUNCEABLE RIGHTS ISSUE OF UP TO 475,295,394 NEW ORDINARY SHARES IN SAUDEE GROUP BERHAD ("SAUDEE" OR THE "COMPANY") ("SAUDEE SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.15 PER RIGHTS SHARE TOGETHER WITH UP TO 237,647,697 FREE DETACHABLE WARRANTS IN SAUDEE ("WARRANTS B") ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 1 FREE WARRANT B FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 21 MAY 2021 ("RIGHTS ISSUE WITH WARRANTS") Ex-Date 20 May 2021 Entitlement date 21 May 2021
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....
Good123
26,432 posts
Posted by Good123 > 2022-07-22 07:47 | Report Abuse
saudee, focus dynamic dan oversea - satu geng yang sama bersama fintec dan banyak lagi...
banyak related party transactions tak dilaporkan kononnya...
bahayalah, selalu menukar external auditor, akaun delayed dan banyak lagi..
bahayalah