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Agreed Bro Immotion.
Tigong told us that CHNG is definitely skin in the game and keep on buying and buying and buying.
Karchongg says let us all keep supporting CHNG to thumb down CHEN with his super millionaire family.
Do note the super millionaire family is Skins in the game. Thank you PEN agency
Tigong told us that CHNG is definitely skin in the game and keep on buying and buying and buying.
Karchongg says let us all keep supporting CHNG to thumb down CHEN with his super millionaire family.
Do note the super millionaire family is Skins in the game. Thank you PEN agency
Immotion ( Date: 23-Oct-2020 09:24) Posted:
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Interesting and Thank You MBULLISH for precious information. Few questions in my mind.......
How can the family support Mr. Chng Beng Hock? To Oust current board?
What is the argument from Mr. Chng that he can revive Vibropower? Apart from citing the bad set of result deliver by current management (which is really really bad), how to change the course? New business?
Very interesting is till now current Vibropower board and management still have no idea how (making announcement in SGX or public) to tell the rest of SH what are they are doing and why SH need to believe in them and not vote Mr. Chng.
Is this EGM going to be a Hand Down win by Mr. Chng?
How can the family support Mr. Chng Beng Hock? To Oust current board?
What is the argument from Mr. Chng that he can revive Vibropower? Apart from citing the bad set of result deliver by current management (which is really really bad), how to change the course? New business?
Very interesting is till now current Vibropower board and management still have no idea how (making announcement in SGX or public) to tell the rest of SH what are they are doing and why SH need to believe in them and not vote Mr. Chng.
Is this EGM going to be a Hand Down win by Mr. Chng?
MBULLISH ( Date: 23-Oct-2020 08:18) Posted:
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CHNG' s family is quite solid....with strong financial background.
With CHNG Beng Hock coming in....and he having so much stake, he will certainly do his best to revive Vibropower!!!
With CHNG Beng Hock coming in....and he having so much stake, he will certainly do his best to revive Vibropower!!!
Be extremely subtle, even to the point of formlessness. Be extremely mysterious, even to the point of soundlessness. Thereby you can be the director of the opponent' s fate.
What is 17 em?
hongchangcc ( Date: 22-Oct-2020 20:03) Posted:
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OMG....what great news...we the shareholders can?t wait to see them thump down Chen with no issues.
It will be no issues at all.
It will be no issues at all.
MBULLISH ( Date: 23-Oct-2020 08:18) Posted:
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Chng Beng hua is in intl cement
He will surely help his brother Beng hock
His father also
Their family Super millionaire
No issues to thump down Chen
He will surely help his brother Beng hock
His father also
Their family Super millionaire
No issues to thump down Chen
hongchangcc ( Date: 22-Oct-2020 23:34) Posted:
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Extract form the recent Business Times article:
From January this year, Mr Chng also tried to arrange a meeting with the chairman Mr Chen to discuss his plans and intentions for the company. But he was repeatedly put off, with the company citing Mr Chen' s unavailability or sensitive periods. (that is almost 9 months....)
On Sept 8, VibroPower had announced a placement. The company said it hoped to leverage on the networks of the two Mr Wongs to explore more investment or business opportunities in Malaysia. They were introduced to VibroPower by Mr Chen.
The placement gives the Wongs almost 15 per cent of the company while diluting Mr Chng' s stake from 12.5 per cent to about 10 per cent, and Mr Chen' s stake from 22.49 per cent to 19.13 per cent.
The new shares were placed out at a 10 per cent discount and made up 17.62 per cent of the company' s existing issued share capital - close to the regulatory limit of 20 per cent.
Mr Chng has questioned the need to place so many shares, so cheaply, and so soon after the completion of the rights-cum-warrants issue. " You already secured S$1.54 million from the rights issue and there is a potential S$1.8 million coming from the warrants issue," he said.
From January this year, Mr Chng also tried to arrange a meeting with the chairman Mr Chen to discuss his plans and intentions for the company. But he was repeatedly put off, with the company citing Mr Chen' s unavailability or sensitive periods. (that is almost 9 months....)
On Sept 8, VibroPower had announced a placement. The company said it hoped to leverage on the networks of the two Mr Wongs to explore more investment or business opportunities in Malaysia. They were introduced to VibroPower by Mr Chen.
The placement gives the Wongs almost 15 per cent of the company while diluting Mr Chng' s stake from 12.5 per cent to about 10 per cent, and Mr Chen' s stake from 22.49 per cent to 19.13 per cent.
The new shares were placed out at a 10 per cent discount and made up 17.62 per cent of the company' s existing issued share capital - close to the regulatory limit of 20 per cent.
Mr Chng has questioned the need to place so many shares, so cheaply, and so soon after the completion of the rights-cum-warrants issue. " You already secured S$1.54 million from the rights issue and there is a potential S$1.8 million coming from the warrants issue," he said.
| Base on latest disclosure, Chng just increase holding from 15% and founder Chen hoiding is only 17.8%, Chng is catching fast and may overtake Chen. |
Do note that Chng is the only knights with the skin in the game who can help us.
#TIMEFORCHNGE
We the shareholders of Vibropower, pledge to keep our SKIN IN THE GAME.
Do note that there are many forces who can help us, be the chnge you want to see.
PHILLIP SECURITIES PTE LTD
CHNG BENG HUA
CHNG BENG HOCK
(CHNG BENG GUAN)
LIM ENG TIONG
LIM SIM BENG
(LIM ENG KHENG)
ONG HWEE PING
WONG ANNIE
KOH BENG HONG MICHAEL
(ALEX, CHNG BENG HOCK)
OCBC SECURITIES PRIVATE LIMITED
UOB KAY HIAN PRIVATE LIMITED
OCBC NOMINEES SINGAPORE PRIVATE LIMITED
Do note that there are many forces who can help us, be the chnge you want to see.
PHILLIP SECURITIES PTE LTD
CHNG BENG HUA
CHNG BENG HOCK
(CHNG BENG GUAN)
LIM ENG TIONG
LIM SIM BENG
(LIM ENG KHENG)
ONG HWEE PING
WONG ANNIE
KOH BENG HONG MICHAEL
(ALEX, CHNG BENG HOCK)
OCBC SECURITIES PRIVATE LIMITED
UOB KAY HIAN PRIVATE LIMITED
OCBC NOMINEES SINGAPORE PRIVATE LIMITED
WBdisciple ( Date: 22-Oct-2020 22:46) Posted:
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Yap...they are brothers. They are a positive force...both brothers have " skin in the game" for the companies that they are involved in.
johnng ( Date: 22-Oct-2020 19:33) Posted:
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Deep pockets got to stand up and put the skins in the games, as WBullish taught us. Soon he will tell us about 17 em.
This is our hard earned moneys..as Vibropower shareholders we need to unite behind CHNG KAY.
#VOTEFORCHNGE #CHENGOHOME
This is our hard earned moneys..as Vibropower shareholders we need to unite behind CHNG KAY.
#VOTEFORCHNGE #CHENGOHOME
So does it mean can push this one to 26 cents within 2 weeks. Get SH confidence. If EGM no win drop back to 13 cents😃
johnng ( Date: 22-Oct-2020 19:33) Posted:
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PHILLIP SECURITIES PTE LTD
CHNG BENG HUA(https://internationalcementgroup.com/board-of-directors/ link to CRAZY INTL CEMENT GROUP 3.5cents go nearly 7cents in 1 week
CHNG BENG HOCK
CHNG BENG HUA(https://internationalcementgroup.com/board-of-directors/ link to CRAZY INTL CEMENT GROUP 3.5cents go nearly 7cents in 1 week
CHNG BENG HOCK
Yes....all the BIG SKINS please stand up.
everyone please ask your friends and fellow shareholders to RENEW THE SKIN, as what Bro WBullish said.
everyone please ask your friends and fellow shareholders to RENEW THE SKIN, as what Bro WBullish said.
hongchangcc ( Date: 22-Oct-2020 00:13) Posted:
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CHNG committment is proven with his increased shareholdings....
We need Vibropower shareholders to unite and make positive change to Vibropower with this upcoming EGM....
We need Vibropower shareholders to unite and make positive change to Vibropower with this upcoming EGM....
OMG....my prayers are being answered..skins in the game.
We NEED a CHNGE in the board, where there are many baffling questions day by day for the shareholders in the skin where the mouth of the money is.
SUPPORT CHNG!!!! #CHENGOHOME
We NEED a CHNGE in the board, where there are many baffling questions day by day for the shareholders in the skin where the mouth of the money is.
SUPPORT CHNG!!!! #CHENGOHOME
Base on latetst disclosure, Mr. Chng just increase holding to 15% and founder Mr Chen hoiding is only 17.8%, Chng is catching fast and may overtake Chen.
Interested Parties Transactions can be found here in the SIAS quereis: https://links.sgx.com/FileOpen/VCL_Annt_100520.ashx?App=Announcement& FileID=609997
MAson industries address is from GOOGLE....try it out...
MAson industries address is from GOOGLE....try it out...
SpinAround ( Date: 21-Oct-2020 21:58) Posted:
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@SpinAround bro: Karchongg would like to point your attention to the 3 letters I highlighted in green in this post....connect the dots as to what bro WBullish is saying and who he is..
Now I leave you with some more thoughts..1 3 5 7 9 m
Skins in the game.
Now I leave you with some more thoughts..1 3 5 7 9 m
Skins in the game.
hongchangcc ( Date: 19-Oct-2020 09:22) Posted:
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