Don't buy lah. Already PN17 still buy? Two possibilities. One stuck a long time like Wintoni. Waiting for regularization plan. Two drop until delisted. The third possibility of rising up is slim already.
Of course those stuck have to keep. What else? Already lost so much. I mean those haven't buy better don't buy. Wait for the regularization plan first.
Many are caught here playing PN17 stocks that will slowly but surely drop. Only the newbies who haven't taste the agony of losing all are still here hoping for some bargains. Those who have burnt before will know not to touch. Why play here when you can buy other stocks that can go up faster?
Bursa welcome EKA to the PN17 family. Selamat Datang diucapkan kepada EKA ke upacara menyambut kedatangan keluarga PN17.
PN17 bermaksud Nota Amalan 17/2005 yang diterbitkan oleh Bursa Malaysia; berkaitan dengan syarikat-syarikat yang berada dalam kesusahan kewangan. Syarikat-syarikat yang termasuk dalam takrif PN17 perlu mengemukakan cadangan mereka kepada Pihak Berkuasa Melulus untuk menyusun semula dan memulihkan syarikat itu untuk mengekalkan status penyenaraian .
Early morning I said Buy nobody listen? Anybody listen? TF hinted he wanted to step on the pedal for AAX....kasi pecut...nobody listen? Today gap up...suddenly nobody notice?? Early morning I told everyone in AAX will fly!
WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR EKA NOODLES BERHAD (EKA or the Company) Order under Section 176 (1) and Section 176 (10) of the Companies Act, 1965
anyone can tell me what is that mean for the above mentioned of EKA? thx
The Board of Directors of EKA wishes to inform that the Order dated 09 September 2016 is expiring on 07 December 2016.
Pursuant to the Company’s application, the High Court of Malaya in Penang has granted the Order dated 09 September 2016 a further period of 90 days effective from 07 December 2016 to restrain all further proceedings or actions against EKA Group by any party including the scheme creditors but not limited to any winding-up proceeding or taking of any action or proceeding, and so on, or in any way under any form of guarantee or indemnity granted to or conferred by EKA Group, any enforcement, detention, or any other form of execution of any judgement or order against the EKA Group, any execution of the rights or remedies or powers of appointment of any receiver and manager over any of the EKA Group (including but not limited to the taking of any actions or proceedings or continuing with the exercise or rights or remedies under any Debenture, the sale of any asset that is the subject of any security interest created by the EKA Group, repossession of any plant, equipment or machinery under lease or hire purchase and any arbitration proceedings.
The High Court also granted the EKA Group to convene the Creditors’ Meeting and Members’ Meeting pursuant to Section 176(1) of the Companies Act, 1965 within 120 days from 07 December 2016.
The new Order is not expected to have any material impact on the financial and operational matters of EKA Group as the Order is to solely facilitate the EKA Group’s scheme of arrangement.
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....
Agnes KL LIm
61 posts
Posted by Agnes KL LIm > 2016-09-02 11:47 | Report Abuse
yea, keep positive and just wait!!! coz at this moment we cant do anything