Datuk Joseph Lee Yok Min @ Ambrose was appointed as an Executive Director of Borneo Oil Berhad on 27th March 2019. Prior to his appointment as an Executive Director, he acted as a consultant on legal and financial matters. He graduated with a Bachelor of Law (Honours) Degree from Central Lancashire University, United Kingdom (1980) and qualified as a Barrister At Law (Lincoln’s Inn) London in 1981. He was called to the Sabah Bar in 1982 and is an Advocate and Solicitor of the High Court of Sabah and Sarawak.
He is a Practicing Legal Consultant and an established businessman with more than 30 years of experience in various industries. He currently spearheads the strategic and sustainable growth of Borneo Oil Berhad.
Go Figure - Spearhead the strategic and sustainable growth......
now why would legal consultant topping up shares? i did some digging on the announcement on minetec MOU
Financial Effects and Percentage Ratio
The effects on the total issued shares, substantial shareholders’ shareholdings, financial position in respect of the netassets and gearing ratio of BOB as well as earnings level of BOB cannot be determined at this juncture as formal agreements in relation to the Joint Collaboration are yet to be identified. Similarly, the highest percentage ratio applicable for the Joint Collaboration is not available at this juncture. The above information will be announced immediately upon the signing of the formal agreements in relation to the Joint Collaboration.However, upon the successful implementation of the terms and the intention as set out in the MOU, the Group may see a potential benefit in terms of its financial performance.
thus, i am guessing some form of agreement would be on the way
#not a buy or sell call#
but if you are selling, then i am waiting (one of the few hundreds queueing to buy)
Datuk Joseph Lee holds 93,476,100 direct Ordinary Shares representing approximately 1.7504% equity in Borneo Oil Berhad. He also holds 26,163,085 indirect Ordinary Shares representing approximately 0.4899% equity in Borneo Oil Berhad.
From 1929 until January 1933, the shares of Homestake Mining, the largest gold producer in the U.S., rose 474%. Dome Mines, Canada’s largest producer, soared 558% – this while the Dow lost 73% of its value…[and if] you…[had] bought both stocks 5 years earlier ( at half their 1929 price) five years earlier…you would…[have had] gains of around 1,000%.
firewal9301, be patient, do not talk shit about bornoil.
You said no quantity no quality gold? You must be noob, do you know the Director is Legal Consultant? Do you want to be sued for false accusation? And for defamation????
Think before you type noob... it's not difficult to find you as long as you're in Malaysia. You think you are clever than Bornoil board of Director? Don't dream shit noob
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....
tkl88
8,712 posts
Posted by tkl88 > 2020-09-03 08:02 | Report Abuse
Walaoeh, Dow Jones spike up 500 points,
Super bull is coming !
Dow Jones closed at=>
29,100.50 (+454.84) (+1.59 %) !