APFT BERHAD

KLSE (MYR): APFT (5194)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


6 people like this.

4,154 comment(s). Last comment by Brutus121 2021-09-20 16:57

Posted by swingtrader2 > 2016-08-24 09:55 | Report Abuse

Big wave to 4.5 cents is coming.

Posted by swingtrader2 > 2016-08-24 10:01 | Report Abuse

Just joking bro. It will fly .just wait

TAH

797 posts

Posted by TAH > 2016-08-24 10:02 | Report Abuse

Company that made money cannot also performed ,company that lost money is nightmare.

TAH

797 posts

Posted by TAH > 2016-08-24 10:12 | Report Abuse

With the modern software, beautiful charts can be produce by syndicates, so don't trust the chart too much, u will landed yourself into trouble. In bear market ,chart is of less help.

TAH

797 posts

Posted by TAH > 2016-08-24 10:19 | Report Abuse

Small cap available ,have to buy penny stocks that make money, mah!

tklim

3,204 posts

Posted by tklim > 2016-08-24 10:24 | Report Abuse

que...que...que....ha...ha...ha

TAH

797 posts

Posted by TAH > 2016-08-24 10:34 | Report Abuse

I got a friend who buy shares base on the charts. He lost huge money. At last he quit the market.

TAH

797 posts

Posted by TAH > 2016-08-24 10:57 | Report Abuse

Happy trading

tklim

3,204 posts

Posted by tklim > 2016-08-24 11:14 | Report Abuse

que....que.....que....ha...ha...ha

Haha

413 posts

Posted by Haha > 2016-08-24 22:58 | Report Abuse

go go APFT !!!

tklim

3,204 posts

Posted by tklim > 2016-08-25 08:29 | Report Abuse

que...que...que......ha...ha...ha.

Posted by swingtrader2 > 2016-08-25 08:30 | Report Abuse

The appointment of receiver for the sub company will not have impact on the co

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 08:51 | Report Abuse

Too many people after obtaining pilot's license are still without job. Over saturated market. Flight schools like APFT are not doing well because of over saturation.

Posted by swingtrader2 > 2016-08-25 09:05 | Report Abuse

Collect now. Cheap cheap

Contender

523 posts

Posted by Contender > 2016-08-25 09:13 | Report Abuse

Looks like this APFT helicopter has crashed ....

tklim

3,204 posts

Posted by tklim > 2016-08-25 09:23 | Report Abuse

que...que...que......ha....ha...ha...

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 09:47 | Report Abuse

@martin555, i know you holding lots of apft at higher prices. Keep buying and best of luck to you. I am just giving my opinions why it's not going to make money. It could go down to 3 cents.

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 09:55 | Report Abuse

my bad. It won't go down to 3 cents. But I have better news for those still buying and holding.

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 09:57 | Report Abuse

Hope you APFT holders read the latest announcement.

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 09:57 | Report Abuse

what does winding up means ah???

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 10:03 | Report Abuse

WOW!! HISTORIC LOW. KEEP BUYING GUYS!! But am staying out as had lost a lot previous years buying theses type of shares. In fact, still holding stocks that have been delisted long ago until now. Gotta learn from bad experiences.

burcino

15 posts

Posted by burcino > 2016-08-25 10:06 | Report Abuse

read carefully.. it is not winding up.

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 10:06 | Report Abuse

if you believe in MAGIC guys keep buying. Help those poor fellas - the directors and majority shareholders.

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 10:12 | Report Abuse

Sorry guys, don't want to be a spoil sport.

Just read the company announcement :


WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR APFT BERHAD APPOINTMENT OF RECEIVERS AND MANAGERS IN ASIA PACIFIC FLIGHT TRAINING SDN. BHD.
APFT BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description

APFT BERHAD
APPOINTMENT OF RECEIVERS AND MANAGERS IN ASIA PACIFIC FLIGHT TRAINING SDN. BHD.

The Board of Directors of APFT Berhad ("APFT" or the "Company") wishes to announce that Asia Pacific Flight Training Sdn Bhd, an indirect wholly owned subsidiary of APFT, has on 24 August 2016 received a Notice of Appointment of Receiver and Manager dated 24 August 2016 by Kuwait Finance House (Malaysia) Berhad.

Please refer to the attachment for further details of announcement.

tklim

3,204 posts

Posted by tklim > 2016-08-25 10:13 | Report Abuse

PFT BERHAD
APPOINTMENT OF RECEIVERS AND MANAGERS IN ASIA PACIFIC FLIGHT
TRAINING SDN. BHD.
The Board of Directors of APFT Berhad ("APFT" or the "Company") wishes to announce that
Asia Pacific Flight Training Sdn Bhd (“APFTSB”), an indirect wholly owned subsidiary of
APFT, has on 24 August 2016 received a Notice of Appointment of Receiver and Manager
dated 24 August 2016 by Kuwait Finance House (Malaysia) Berhad (“KFH”).
Mohamed Roslan Abdul Rahman and Chan Siew Mei of KPMG Deal Advisory Sdn. Bhd. were
the appointed Receivers and Managers (“R&M”) of the Property of APFTSB under the power
contained in the Debenture dated 14 November 2008, 1 August 2011, 21 June 2012 and 9
February 2015.
Date of appointment
The appointment of Receivers and Managers on 24 August 2016.
Information on APFTSB
APFTSB is a private company limited by shares incorporated in Malaysia under the Companies
Act, 1965 on 13 December 2000 under its previous name Flight Training Systems Sdn. Bhd.,
subsequently changed its name to Forad Systems Sdn. Bhd. on 11 July 2005, Subang Flight
Training Sdn. Bhd. on 15 September 2005, Forad Aerospace Sdn. Bhd. on 11 November 2005
and adopting its present name on 26 July 2006. The authorized share capital is
RM25,000,000.00 comprising of 25,000,000 ordinary shares of RM1.00 each and its existing
issued and paid up capital is RM25,000,000.00 comprising of 25,000,000 ordinary shares of
RM1.00 each
APFTSB’s business address is at Suite 50-5-5, 5th Floor, Wisma UOA Damansara, 50 Jalan
Dungun, Bukit Damansara, 50490 Kuala Lumpur.
APFTSB is principally engaged in flight training and is an Approved Flight Training
Organisation under the Department of Civil Aviation Malaysia.
The immediate holding company and ultimate holding company of APFTSB are APFT
Aviation Sdn. Bhd. and APFT respectively.
Confirmation as to whether the subsidiary is a major subsidiary
Based on the audited financial statements ended 31 March 2015, APFTSB is not a major
subsidiary of APFT as defined under Chapter 1 of the Main Market Listing Requirements.
Net Book Value of the affected Assets
Based on the audited financial statements ended 31 March 2015, the net book value of the
charged assets was RM16,207,101.59.

The details of the events leading to the appointment of the receivers and managers
APFTSB has an outstanding loan of RM4,153,331.08 with KFH and has negotiated to pay in
full from sales of aircraft to PT. Trans Asia Pacific Aviation Training (“TAPAT”) in Indonesia.
However, the payment from TAPAT is delayed and KFH has decided to exercise their
Debenture on the assets and appointed the R&M.
The financial and operational impact of the aforesaid appointment
With effect from the appointment of the R&M, APFTSB shall cease to have power to deal with
property and assets of APFTSB, comprised in or subject to the charges contained in the
Debenture. No one shall have any power, authority, rights whatsoever to operate, remove,
relocate, dispose and/or otherwise deal with the charged assets in any manner unless sanction
in writing is given by the R&M.
The operational and financial matters are now at the discretion of the R&M.
Nonetheless, all other statutory obligations of the Directors of APFTSB still remains.
The appointment of the R&M has no immediate effect on the remaining business and
operations of APFT Group.
The expected losses, if any, arising from the aforesaid appointment
The appointment of R&M will not have any additional financial and operational impact on the
Group and the Company is not expected to incur any further loss arising from the aforesaid
appointment.
The steps taken or proposed to be taken by APFT in respect of the aforesaid appointment
The Company has taken steps earlier to dispose of assets to obtain the funds to pay KFH. The
sale of TAPAT and aircraft in Indonesia has taken place and only waiting for the proceeds
which is expected at the end of August 2016. The amount of the sale proceeds is RM3,486,963
and the shortfall of RM666,368.08 will be covered by another sale of assets from a company
(“Interest Company”) of which the executive director has interest. The Sales and Purchase
Agreement stipulated payment will be in the Interested Company by end of September 2016.

tklim

3,204 posts

Posted by tklim > 2016-08-25 10:14 | Report Abuse

que...que...que....ha...ha...ha

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 10:22 | Report Abuse

posted by martin555 > Aug 25, 2016 09:49 AM | Report Abuse

CHASING START < HEADING 0.06 in fast tra

Posted by martin555 > Aug 25, 2016 09:50 AM | Report Abuse

THE STEERING MAN is addict strong drug .


Posted by martin555 > Aug 25, 2016 09:52 AM | Report Abuse

HA HA HA , silly guy is talking silly things , 0.03 , your mother feed u milk NE NE .


Posted by martin555 > Aug 25, 2016 09:54 AM | Report Abuse

U see the disappear magic instead , brother 0.055 will magic disappear .

Posted by Bullhunter > Aug 25, 2016 09:55 AM | Report Abuse X

my bad. It won't go down to 3 cents. But I have better news for those still buying and holding.

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 10:22 | Report Abuse

like this gou, GREAT OPTIMIST.

burcino

15 posts

Posted by burcino > 2016-08-25 10:26 | Report Abuse

tklim is giving the real picture not half story...Read carefully

Based on the audited financial statements ended 31 March 2015, the net book value of the
charged assets was RM16,207,101.59.

The details of the events leading to the appointment of the receivers and managers
APFTSB has an outstanding loan of RM4,153,331.08 with KFH and has negotiated to pay in
full from sales of aircraft to PT.

tklim

3,204 posts

Posted by tklim > 2016-08-25 10:26 | Report Abuse

que...que...que...ha...ha...ha

tklim

3,204 posts

Posted by tklim > 2016-08-25 10:45 | Report Abuse

APFT will operate like newco....new balancesheet.....Private Placement done......Que...que...que...ha...ha...ha.

Posted by swingtrader2 > 2016-08-25 11:21 | Report Abuse

Uptrend is intact. Should go higher and higher. Waiting for quarter results

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 11:38 | Report Abuse

parabolic curve pattern? what the hell is that. Sign of sky high profits?? Please explain, am not proficient in technical analysis.

Pavillion

3,100 posts

Posted by Pavillion > 2016-08-25 11:45 | Report Abuse

I didn't buy this stock but I likes to come here to read his comments. Are you for real? Or already short circuit! People short stock lah .

ki ki ki (sorry just kidding)

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 12:05 | Report Abuse

martin, you still haven't explain your parabolic and base 1,2,3, 4 analysis. Please explain so that those convinced afpt can go sky high will also follow your buying.

tklim

3,204 posts

Posted by tklim > 2016-08-25 12:14 | Report Abuse

Wah lauuu...can fly worrrrr.....que...que..que.....ha...ha...ha

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-25 14:00 | Report Abuse

I am sure many have bought at 0.30 + cents last year and still holding and hoping for rebound.

Pavillion

3,100 posts

Posted by Pavillion > 2016-08-25 14:52 | Report Abuse

Ya maybe one day white knight coming, use as vehicle perhaps to do mro biz. Listed co can print money.

Haha

413 posts

Posted by Haha > 2016-08-25 14:58 | Report Abuse

4.5 and 5 sen are the bottom...as long as APFT have a project ...it still have a hope to go up..penny stock...price going down but still not PN17...

tklim

3,204 posts

Posted by tklim > 2016-08-25 22:42 | Report Abuse

where is martin?...he cutlost kah?......ha...ha..ha

Posted by swingtrader2 > 2016-08-26 09:43 | Report Abuse

Everybody wait and see. Kakkakakkaaka.

tklim

3,204 posts

Posted by tklim > 2016-08-26 10:02 | Report Abuse

ya lorrr...waut and see lorrrrrrr.....ha...ha....ha....

Posted by swingtrader2 > 2016-08-26 10:05 | Report Abuse

Tklim. Sapu all at 5. Sure money bro

tklim

3,204 posts

Posted by tklim > 2016-08-26 11:05 | Report Abuse

you sapu lorrrr....where is martin?....left group kah?.....ha....ha....ha

Posted by swingtrader2 > 2016-08-26 12:17 | Report Abuse

Ready to take off. Seat yr belt. Waiting for martin the pilot.

tklim

3,204 posts

Posted by tklim > 2016-08-26 14:38 | Report Abuse

Swingrader...you sapu lorrrr...test maaa...see operator got hide seller or not maaaa.....ha...ha....ha

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-26 14:45 | Report Abuse

martin the guru says SAPU

Bullhunter

1,194 posts

Posted by Bullhunter > 2016-08-26 14:46 | Report Abuse

Seriously, if you have money, there are other better stocks with strong fundamentals.

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