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0.009 kenna dumped. wonder which SSH is being flushed out
now let them Jam each other. haha
noobnub ( Date: 18-Oct-2019 22:22) Posted:
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For this counter.. Better not play.. Dun know when will stop selling completing or halt
haha keep selling. see how much can be offloaded in the market
noobnub ( Date: 17-Oct-2019 23:31) Posted:
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well, after all, it is still a property stock. people buy service apartments from them. I don' t really think it will collapse and become zero value as that will impact too many buyers. With new MRT on the plan to join JB and Singapore, I feel the situation can improve if the company managed to survive.
China' s investment could be a rescuing force. Yuanzhiwei is actually one of the China property developers. Although he is not a big player in the market, it shows a possibility to engage more China' s investment.
China' s investment could be a rescuing force. Yuanzhiwei is actually one of the China property developers. Although he is not a big player in the market, it shows a possibility to engage more China' s investment.
For such BIG mall, how long can it's cash last ?
laksaman57 ( Date: 15-Oct-2019 17:34) Posted:
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A lousy performing mall will be very very hard to sell away, if needed.
The bigger the mall, the harder its fall
going under 0.01 soon?
dont need do any more due diligence lah........kenna query so many times by SGX in a short period of time......use convertable loans to pay convertable bonds.....in between pay arranger fee. no banks or FI willingly to loan company........haha still need to consider so long? the more they consider the more suspicious why they still want to proceed.
noobnub ( Date: 18-Oct-2019 22:02) Posted:
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EXTENSION OF TIME FOR THE DUE DILIGENCE PURSUANT TO ENTRY INTO TERM SHEET IN RELATION TO THE PROPOSED ALLOTMENT AND ISSUANCE OF 916,047,277 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY TO YUAN ZHIWEI AND CHNG CHOR TONG
Expense ↗ + Revenue↘ = Debt ↗ ↗
Haiz....how long can a ghost mall last 😱
Wind22i ( Date: 15-Oct-2019 19:40) Posted:
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no application filed yet dosent mean it will not happen in future..........in the mean time are there lots of sellers in the market?
noobnub ( Date: 17-Oct-2019 23:19) Posted:
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7. Can the Board of Directors please provide your opinion as to whether trading of the Company&rsquo s shares should be suspended pursuant to Listing Rule 1303(3).
Company&rsquo s reply:
Pursuant to Listing Rule 1303(3), the Board of Directors confirms that the trading of the Company&rsquo s share should not be suspended as described below:
1) There is no application filed with a court to place the Company (or significant subsidiary) under judicial management
Company&rsquo s reply:
Pursuant to Listing Rule 1303(3), the Board of Directors confirms that the trading of the Company&rsquo s share should not be suspended as described below:
1) There is no application filed with a court to place the Company (or significant subsidiary) under judicial management
2) There is no application filed with a court for the liquidation of the Company (or significant subsidiary) and the amount of the debt alleged is significant or
3) The Company is able to reasonably assess its financial position and inform the market accordingly.
noobnub ( Date: 17-Oct-2019 23:18) Posted:
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SGX very good and on the ball. company need to respond to 2 queries in 7 days. keep up the pressure with queries.
noobnub ( Date: 15-Oct-2019 18:06) Posted:
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Issue rights ?
Seems like gonna bankrupt..
..is a ghost mall
..is a ghost mall
laksaman57 ( Date: 15-Oct-2019 17:34) Posted:
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towkay should let the stock NOT continue as a going concern then JAM up dato chong loan not let him and his son in law continue to suck the company with simi interest rates simi introduction fee simi loan to pay simi bonds........
http://www.theedgesingapore.com/capital/management-corporate-governance/sgx-independent-auditors-raise-questions-over-health-capital
" .......auditors Messrs Ernst & Young LLP flagged the company' s high leverage and uncertainty to continue as a going concern.
As at end June, Capital World&rsquo s cash and cash equivalents stood at RM2.4 million, while its loans and borrowings amounted to RM44.6 million.
The auditors also noted the group' s working capital comprised mainly inventory properties, and raised questions over the group' s plans to resolve liquidity problems and its ability to cash in on these inventory properties amid the weak property market sentiments. "
" .......auditors Messrs Ernst & Young LLP flagged the company' s high leverage and uncertainty to continue as a going concern.
As at end June, Capital World&rsquo s cash and cash equivalents stood at RM2.4 million, while its loans and borrowings amounted to RM44.6 million.
The auditors also noted the group' s working capital comprised mainly inventory properties, and raised questions over the group' s plans to resolve liquidity problems and its ability to cash in on these inventory properties amid the weak property market sentiments. "