TWL HOLDINGS BERHAD

KLSE (MYR): TWL (7079)

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Last Price

0.03

Today's Change

+0.005 (20.00%)

Day's Change

0.025 - 0.03

Trading Volume

1,583,600


23 people like this.

8,197 comment(s). Last comment by JunHoHoHoHo 2 days ago

lbhock123

540 posts

Posted by lbhock123 > 2018-11-12 17:15 | Report Abuse

Is there any cost to exercise the ESOS?

8251313

106 posts

Posted by 8251313 > 2018-11-12 21:00 | Report Abuse

.065 cts

David Lee

131 posts

Posted by David Lee > 2018-11-13 01:32 | Report Abuse

Please to inform that it is useless to report to "MACC" or "BURSA" because the ESSOS had been approved, voted agreed and passing through by most of the Tiger's shareholders on last AGM. In fact, as most of the shareholders noted, the company directors had already exercised few more batch of ESSOS programme as before.

And the company directors have the rights to choose the relevant / actual time to exercise ESSOS programme as following:-

Meeting held on 29 May 2014 and the earlier announcement made on 17 March 2017, 2 November 2017, 9 February 2018 and 22 May 2018 on the same.

Pursuant to Paragraph 9.19 (51) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, TIGER wishes to announce the share option of ordinary shares of the Company offered under the ESOS, as follows:

(a) Date of offer : 9 November 2018

(b) Exercise price of shares offered : RM0.065

(c) Number of shares offered :22,000,000

(d) Market price of the Company’s shares on the date of the offer : RM0.080

For further information, it is also our expectation that the company directors would exercised the ESSOS programme on this very important period because by doing so, the directors would have about additional 22,000,000 voting power on these coming AGM, which is more favor to their side as accordingly.

Anyway, 22,000,000 shares is almost equivalent to 3.4% only and it is still far away from 36%, not even to 15% as mentioned before as per "BURSA" record on 13/11/2018.

David Lee

131 posts

Posted by David Lee > 2018-11-13 01:34 | Report Abuse

For further sharing purposes, also wish to inform & highlight that, basically the increment in the number of Shares arising from the conversion of the Notes will have a dilute impact on the EPS and shareholdings of the existing shareholder of Tiger S/B.

Anyway, for private placement, the Proposed Notes Issue is also expected to have a positive impact on the earnings of the Group by providing necessary funding for the purposes, amongst others, the Group’s property development expenses as well as working capital for existing projects as well as future potential projects.

David Lee

131 posts

Posted by David Lee > 2018-11-13 01:36 | Report Abuse

Dear Mr. Tiong Kung King Zien, I'm sorry because off for few days.

Below are my finding & understanding for sharing purposes.

Some how I think it is not nice / un-fair and in-correct to mention that Annual General Meeting ( AGM ) is Dato' Tan Family's meeting. As most of investors don't agreed with that statement because if AGM is just really for Dato' Tan Family's meeting, then Dato' Tan don't even need so troublesome to make an official annoucement to public and invite all shareholders to attend the AGM.

Perhaps your statement should be more related to meeting Agenda, item number 3 ( Resolution 2 ) for this coming AGM.

Item number 3 ( Resolution 2 ) as per Meeting Agenda on AGM:-

To re-elect the following Directors retiring pursuant to Article 71 of the Company’s Articles of Association (Resolution 2) :-

(a) Datin Sek Chian Nee; and
(b) Low Boon Chin.

If all Tiger shareholders are agreed to above mentioned Agenda, then all shareholders are invited & welcome and it is the shareholders' rights & freedom to give the support & vote agreed. Same things, if all the Tiger shareholders are not agreed with the Agenda, then all shareholders are also invited & welcome and it is also the shareholders' rights & freedom to show the disagreement to vote against the Agenda on this coming AGM.

Again, if above mentioned Resolution 2 have been agreed & passing through on this coming AGM, then it is also meaning that majority/most of the shareholders would have agreed & accepted it and it is inccorrect or un-fair to mention that AGM is just for Dato' Tan Family's meeting because Datin Sek Chian Nee and Mr. Low Boon Chin are also should be given chances and have their own rights to become company's directors as accordingly to Malaysia Companies Act.

Under this circustances, Dato' Tan Family's meeting is not correct and exist, because Datin Sek Chian Nee and Mr. Low Boon Chin have been voted, passing through or choosen by majority/most of the Tiger shareholders.

David Lee

131 posts

Posted by David Lee > 2018-11-13 01:38 | Report Abuse

Please always bear in mind that AGM must be called & held annually to provide a platform/chance for all the shareholders to meet together to discuss & decide all company's important policies & matters, including company's financial, project and investment status, situation or outlook and etc, which has been written & stated clearly in Malaysia Companies Act.

Therefore, all shareholders are entitled to forward / address all the relevant company issues/questions during AGM and company directors have to anwer all shareholders' questions as accordingly during AGM.

No shareholders or directors could make it just as a family meeting without any Agenda, decision making and voting system. It is a very wrong investment concept that to assume AGM just as a family meeting.

And it is also the shareholders' rights & freedom whether to vote agreed or aginst to the meeting Agenda/Resolution, whereby voting system is or would not be provided/allowed on just a family meeting.

Regarding the “eating & chewing” shareholders money issues through RCN programme, I think I would not to repeat my point of view again over here. For this topic, kindly to refer my priviously statement to Mr. Miniminer earlier for further understanding.

Same things, it is the shareholders' right to address the issues that got company directors are purposely “push down” the company share price with solid proof/evidence during AGM should there be any, and the company directors also should be given chances to explain the actual situation as accordingly should there be any. ( By “manipulate” company share's price, the company directors would be sued and jailed as accordingly if get caught by BURSA as per Malaysia Companies Act ).

( Please to inform that my understanding is all company directors should have their own rights to sell their shares on opened market also.

For description purposes, Tiger's share price is traded on 0.075 on 12/11/2018 or almost equivalent to 0.0185 before 4:1 shares consolidation on few months ago.

Therefore, if all the investors/shareholders think that the share price is on “high” level, then it is the investors/shareholders rights not to buy the share. Same things, if all the investors/shareholders thank that the share price is on “low” level, then for sure the investors/shareholders would make their own judgement & decision as accordingly, and it is also the investors/shareholders rights to take the opportunity to “buy or grab” the shares on opened market.

Nobody could force/stop anybody from “selling” theirs shares on opened market; it is also nobody could force/stop anybody from “buying” the share on opened market; all shares transaction are basing on willing to “sell” and willing to “buy” concept, which are protected by Malaysia Companies Act and Law of Malaysia.

The most we can share over here is... normally the company share price most likely would be affected from time to time as accordingly due to the wishes of increament of voting percentage/power on AGM.

All shares investment are traded on investors/shareholders' own risk. Therefore, all investors/ shareholders should known and awared that they either could make the profit or losses in the investment on shares market. No body could give investors/shareholders' any quaranty/warranty that could gain profit in shares market.)

David Lee

131 posts

Posted by David Lee > 2018-11-13 01:41 | Report Abuse

If the shareholders are still not satisfy with the company directors' explanation, the shareholders could even forward the solid proof/evidence & make an official report to “BURSA” for further investigation & judgement as accordingly.

Regarding Tiger's 1 billion project. I think i'm not in the position to explain/answer your question as accordingly. Perhaps the person on the right position to explain/answer to you is Dato' Tan as he is still considered Tiger's company director at this moment. Therefore, I suggest you shoud attend this coming AGM and address your concerned and this question to Dato' Tan so that Dato Tan could answer you directly on this coming AGM.

Meanwhile, we also should not claimed that Voters had disappointed to vote just because of Voters/Shareholders are never/seldom attending the AGM to carry out the shareholders duties & responsibilities to vote as accordingly.

My understanding is that as most of Malaysia shareholders are very rare/seldom ( more than 50 % shareholders are not ) to attend the AGM & to vote as accordingly if compare to those advance countries, such as US, England or Europe cuntries.

As most of the voting system would assumed and praticed “silence is agreed” by all shareholders. Therefore, if the Voters/Shareholders are never/seldom attending the AGM, Voters/Shareholders are assumed that they have no objection to AGM meeting agenda.

Therefore, AGM is a very formal, serious and important company's meeting, which must be held annually as per Malaysia Companies Act. All shareholders and company directors have no choice, but have to obey to all the meeting Agenda and Resolutions, which have been passing through / rejected on AGM. No shareholders and company directors are dare to “manipulate” the AGM, because the shareholders and company directors would be sued & jailed as accordingly if got proof & get caught by “BURSA”.

David Lee

131 posts

Posted by David Lee > 2018-11-13 01:42 | Report Abuse

Also wish to highlight & inform that the “Major” shareholders is different with “Majority Shareholders”.

Sorry to inform that a lot of people / investors are very confusing with these 2 wording.

If all individual investors / group of “Minor” Shareholders could get together / combine in one group, then the “Minor” shareholders would be the “Majority Shareholders”, but not the “Major” shareholders is to be the “Majority Shareholders”.

“Major” shareholders doesn't mean that it must be “Majority Shareholders”; but “Majority Shareholders” should consist of many group of “Major” shareholders.

Therefore, beside the 30% new face and 4.5% ( 1.1% + 3.4% = 4.5% ) shareholders as mentioned before, we also should not forget and ignor the rest of 65.5% “majority” shareholders, which are very important to show their rights to vote on this coming AGM. And you could be one of the 65.5% shareholders over here.

Please always bear in mind that, every single vote is very important and counted on this coming very important AGM.

Therefore, If can please remind and pass this very important message to all of your others' friends who have Tiger shares as well. Just try the best to invite & welcome all Tiger's shareholders to attend & vote as accordingly on this coming AGM.

“The God only would help those, who want to help themselves.”

So, all shareholders are sincerely invited & welcome to attend & to carry out the shareholders's duties & responsibilities to vote as accordingly on this coming very important AGM.

If the shareholders really can't make themselves appear and attend on this coming AGM, the shareholders also could give the authorization as proxy to attend or vote; or sent out the Form Of Proxy as accordingly.

If the shareholders are unable to attend and vote in person at the forthcoming AGM, the shareholders could complete, sign and return the Form of Proxy in accordance with the instructions contained therein as soon as possible and in any event, so as to arrive at Company’s Share Registrar situated at Lot 10, The Highway Centre, Jalan 51/205, 46050 Petaling Jaya, Selangor Darul Ehsan, not less than 48 hours before the time set for the AGM. The lodging of the Form of Proxy does not preclude the shareholders from attending and voting in person at the forthcoming AGM should the shareholders subsequently wish to do so.

The instrument appointing a proxy shall be in writing under the hand of the appointor or of the shareholders' attorney duly authorised in writing or if such appointor be a corporation, under its common seal or under the hand of an officer or attorney of the corporation duly authorised, and shall be deposited at the registered office or at such other place as is specified for that purpose in the notice convening the meeting, not less than forty-eight (48) hours before the time for holding the meeting or adjourned meeting at which the person named in the instrument proposes to vote.

Again, whether the shareholders to vote agreed or against to meeting Agenda, all shareholders should show/give their respect to AGM and the voting result as the AGM and voting result are protected by Malaysia Companies Act and Law Of Malaysia.

Hope above mentioned clarification could share some more invesment knowledge and shareholders' right with all.

Good luck.

tklim

3,205 posts

Posted by tklim > 2018-11-13 09:29 | Report Abuse

Tiger will go wild after it breaks 0.09-010

WilburR2

869 posts

Posted by WilburR2 > 2018-11-13 09:45 | Report Abuse

going to panic buy at 0.085 ?? LOL 0.075 don't want to buy now lining up to buy 0.08

WilburR2

869 posts

Posted by WilburR2 > 2018-11-13 10:17 | Report Abuse

Tiger drinking white coffee???

JCAA168

29 posts

Posted by JCAA168 > 2018-11-13 10:21 | Report Abuse

According to the EGM passed on 2014, the option price will be not less than 10% discount on the five weighted average market price, or

The par value of the share which is higher

Some fishy on ESSO because according to my knowledge the price should be fixed at pre merge 4.1 cent, ie now 16.4 or 8 cents par value.

Need SC to clarify.......................................................................

tklim

3,205 posts

Posted by tklim > 2018-11-13 11:05 | Report Abuse

Resistance 0.08 broken.......Next target...0.10>0.175>0.30>0.36>Unchartered territory

djibaok

1,183 posts

Posted by djibaok > 2018-11-13 16:22 | Report Abuse

ilu tiga olang manyak musyukkk

Posted by greenbucket > 2018-11-13 17:36 | Report Abuse

any idea that the 116,xxx,xxx ESOS options to be granted requires approval of AGM/EGM or just board of directors?

Posted by greenbucket > 2018-11-13 23:57 | Report Abuse

Can you read the announcement about 160k ESOS.. is it proposed or just scenarios?

David Lee

131 posts

Posted by David Lee > 2018-11-14 01:50 | Report Abuse

Dear all, please spent some valuable time to read & understand carefully the following statement/content:-

“In the event the Proposed Private Placement is not completed prior to the conclusion of the annual general meeting for the previous financial year after the said approval was given, the Company would be required to seek the approval of its shareholders again for the authority to issue and allot shares under Sections 75 and 76 of the Companies Act in the annual general meeting which is expected to be held in the month of December 2018.”

It is our expectation and we think that above mentioned should be more related to meeting Agenda, item number 5 ( Resolution 4 ) for this coming AGM, which have been highlighted & clarify to all early on previously statement & clarification.

Item number 5 ( Resolution 4 ) as per Meeting Agenda on AGM:-

5. AUTHORITY TO ISSUE SHARES PURSUANT TO THE COMPANIES ACT 2016 “THAT
subject always to the Companies Act 2016 (“the Act”), the Articles of Association of the Company and the approvals from Bursa Malaysia Securities Berhad (“Bursa Securities”) and any other relevant governmental and/or regulatory authorities, the Directors be and
are hereby empowered, pursuant to the Act, to issue and allot shares in the capital of the Company at such price and upon such terms and conditions, for such purposes and to such person or persons whomsoever the Directors may in their absolute discretion deem fit provided always that the aggregate number of shares issued pursuant to this resolution
does not exceed ten per centum (10%) of the total number of issued shares of the Company for the time being;AND THAT the Directors be and are also empowered to obtain the approval for the listing of and quotation for the additional shares so issued on Bursa Securities; AND FURTHER THAT such authority shall commence immediately upon the passing of this resolution and continue to be in force until the conclusion of the next Annual General Meeting of the Company.” (Resolution 4)

If all Tiger shareholders are agreed to above mentioned Agenda/Resolution, then all shareholders are invited & welcome and it is the shareholders' rights & freedom to give the support & vote agreed. Same things, if all the Tiger shareholders are not agreed with the Agenda/Resolution, then all shareholders are also invited & welcome and it is also the shareholders' rights & freedom to show the disagreement to vote against the Agenda on this coming AGM.

Again, if above mentioned Resolution 4 have been agreed & passing through on this coming AGM, then it is also meaning that Tiger's directors are empowered by most of the shareholders that to proceed to issue new ordinary shares again through RCN programme, i.e. another new aggregate number of shares issued pursuant to should not exceed ten per centum (10%) of the total number of issued shares of the Company for 2019, until the next AGM's approval by most of the shareholders.

And these process ( new shares issued ) would be repeated again and again, as long as the directors continue successfully to obtain AGM and “BURSA”s approval in future.

Therefore, this coming AGM is very important for all shareholders to further consideration, participate & decide the company's RCN programme in due course.

Good luck.

Posted by SuperWisdom > 2018-11-14 08:02 | Report Abuse

RCN and Private Placement, are they same? If not same, I think better vote No to RCN and vote Yes to Private Placement. Enlighten us.

Posted by greenbucket > 2018-11-14 09:34 | Report Abuse

RCN and PP is not the same....

tklim

3,205 posts

Posted by tklim > 2018-11-14 09:38 | Report Abuse

0.09 cracked......

========================================================

tklim Next target 0.10>0.18>0.30>0.36>....Unchartered territorry
09/11/2018 15:02

prince4

1,459 posts

Posted by prince4 > 2018-11-14 15:57 | Report Abuse

tiger 不能买的负债高,做了这样大的project还年年亏钱,下场和sanichi 一样的!

miniminer

505 posts

Posted by miniminer > 2018-11-14 15:59 | Report Abuse

Wow 0.95 now...Tiger selling fast. Mr Goh is our hero!

KH Chin

198 posts

Posted by KH Chin > 2018-11-14 16:04 | Report Abuse

Will breakthrough 10cent very soon! Wake waley lil tiger

prince4

1,459 posts

Posted by prince4 > 2018-11-14 16:13 | Report Abuse

老虎不起身,一起身就想要咬人!

Posted by greenbucket > 2018-11-14 16:38 | Report Abuse

Interesting! takeover is on the card.!!...!!..!!..!!

tklim

3,205 posts

Posted by tklim > 2018-11-14 17:25 | Report Abuse

0.10 cracked......

========================================================

tklim Next target 0.10>0.18>0.30>0.36>....Unchartered territorry
09/11/2018 15:02

Posted by SuperWisdom > 2018-11-14 18:18 | Report Abuse

Thanks God... You sent to us many good saviors.

Posted by SuperWisdom > 2018-11-14 18:26 | Report Abuse

Tiger gets an attention.

https://klse.i3investor.com/blogs/PublicInvest/182231.jsp

Anthonyloh

118 posts

Posted by Anthonyloh > 2018-11-14 23:02 | Report Abuse

Read careful why the price suddenly up back, good luck!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5972013

sell

2,456 posts

Posted by sell > 2018-11-15 04:58 | Report Abuse

Loss RM 3 million can up? Bursa mata buta?

lbhock123

540 posts

Posted by lbhock123 > 2018-11-15 08:47 | Report Abuse

Mr goh jadi trader kot..
Ini counter boleh shirt sell tak?

tklim

3,205 posts

Posted by tklim > 2018-11-15 09:57 | Report Abuse

Moving Average...Long Term Bullish

miniminer

505 posts

Posted by miniminer > 2018-11-15 13:07 | Report Abuse

Hunter reload?.......oh man, the night still young. hehehe...

WilburR2

869 posts

Posted by WilburR2 > 2018-11-15 14:44 | Report Abuse

too many hunters shooting. don't get shot lol

lbhock123

540 posts

Posted by lbhock123 > 2018-11-15 15:09 | Report Abuse

Wah, ada orang sudah untung exercise ESOS

Posted by greenbucket > 2018-11-15 16:38 | Report Abuse

highly dangerous stock, offload abit first GG

ivan9511

3,854 posts

Posted by ivan9511 > 2018-11-15 16:52 | Report Abuse

all people kena Tiger food again
already said Tiger eat people with bone
why still touch
go see PUC and Orion better
PUC orion or Mlab those much ,uch 100000000% better than Tiger eat u

lbhock123

540 posts

Posted by lbhock123 > 2018-11-15 17:00 | Report Abuse

Relax bro.
Kita guna kuasa undi

miniminer

505 posts

Posted by miniminer > 2018-11-15 17:09 | Report Abuse

May be today just short consolidation...few hunters here reload, kakaka…...Market may run into low Tiger supplies soon.

Posted by greenbucket > 2018-11-15 18:12 | Report Abuse

mohamad faiz broooo relakkkk!!!!!!!! tiger wb sudah gone case!!!

Posted by SuperWisdom > 2018-11-15 18:18 | Report Abuse

Panic Buy start tomorrow?

Posted by greenbucket > 2018-11-15 18:21 | Report Abuse

i dont think it will move up tomorrow superwisdom...

Posted by SuperWisdom > 2018-11-15 18:22 | Report Abuse

Mohamad Faiz Hamzal Ismail, God heard you. May God send your message to many good saviors out there, especially our current top 1 shareholder.

alexisvics

944 posts

Posted by alexisvics > 2018-11-15 18:52 | Report Abuse

Mr Goh,please buy more and push the price to 15cent

Posted by SuperWisdom > 2018-11-15 20:03 | Report Abuse

Anyone know the limit number of RCN? I thought the limit not more than 10%. How many left?

Thank you.

Kinos

262 posts

Posted by Kinos > 2018-11-15 20:34 | Report Abuse

Hidup Goh ! Hidup Goh

lbhock123

540 posts

Posted by lbhock123 > 2018-11-16 07:38 | Report Abuse

Esos lagi, untung nya dia

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