Serendib Capital’s mandate for board representation has already been effected with the appointment of Mr Takeo Hirata to SCB’s Board. Serendib Capital’s rescue plan will be to first formulate and negotiate a debt restructuring scheme with SCB Group’s creditors; meetings between Mr Takeo Hirata, representing the White Knight and Management of SCB are scheduled over the next 2 weeks. Thereafter the White Knight and SCB will jointly approach SCB Group’s creditors to agree on a debt restructuring scheme. Before such creditors' acquiesce is granted, no binding financial commitments can be made between the White Knight and SCB.
Joyvest: As mention forecast at 0.40 to 0.50 If break 0.50 will be another leg up. Remember you ask everyone to sell Bahvest at 0.20 What happened it goes up until 0.50+++. I already said Scable is a good trading counter. Fantasy or not you will know this month.
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....
Chong3710
187 posts
Posted by Chong3710 > 2024-01-04 16:45 | Report Abuse
Starts to sink!!