Documente Academic
Documente Profesional
Documente Cultură
Local World Business Sports Style/Life Opinion Property Education Media & Marketing Photos
APFT shareholder files injunction to
restrain tomorrow's AGM
Posted on 25 July 2018 02:26pm
sunbiz@thesundaily.com
PETALING JAYA: A shareholder of APFT Bhd is seeking an injunction order to restrain the
company from holding its AGM tomorrow.
EXCLUSIVE STORIES
However, no reason was given for the injunction move.
Merit, not race
The aviation training provider said in a filing with the stock exchange that it was served with a Religious and Racial Hatred Act soon?
originating summons and notice of application from Hisham Mustaffa on July 24 seeking to
restrain the company from holding its AGM, which is scheduled to be held tomorrow 9am at
Today's Popular and Most Shared
Royale Chulan Seremban.
APFT was admitted into PN17 category in January after its shareholders' equity fell below the Authorities raid MonSpace premises
50% threshold. Be prepared for property bubble burst, Ideas
Ad
tells govt
Last week, the company announced that its board of directors were taking legal action against its Cut allowances of lazy MPs! (Updated)
former director Datuk Faruk Othman for allegedly misappropriating funds, causing the company's AP on importation of plastic waste for 114
fall into the PN17 category and breach the Main Market Listing Requirements. factories revoked
Chong Wei pulls out of two major tournaments
Also, APFT external auditor Messrs Adam & Co last month highlighted a material uncertainty that
due to health issue: BAM
may cast doubt on its ability to continue as a going concern.
For the period from Aug 1, 2016 to Jan 31, 2018, it reported a net loss of RM67.57 million and
RM14.51 million at the group and company level, respectively.
It had a negative operating cash flow of RM8.39 million and RM14.29 million respectively, with
total current liabilities exceeding total current assets by RM31.92 million.
One of APFT's subsidiaries was unable to meet its borrowings obligations during the financial
period, leading to letters of demand and statement of claim from a few principal bankers.
At the midday break, APFT's share price was unchanged at 2.5 sen with 9.68 million shares
changing hands.
Related articles
Auditor doubts APFT’s ability to continue as going concern
APFT active after falling into PN17
APFT takes legal action against former director
APFT now a PN17 company
Halim: I’ll continue to support Sumatec
Chess players around the world are falling in love with this Strategy game
Throne Free online games
Can you invest in commodities on your own? See how to get started here!
24option
LISTENING TO THE FINANCIAL CROWD
A new drive always awaits on the horizon #AllAboutTheDrive Top 10 talked about stocks
Toyota Malaysia
FBM KLCI STI HSI Nikkei CSI 300
1. Petronas Gas 42%
They Had No Clue This Was On Their Property
2. Tenaga Nasional 11%
3. Petronas Dagangan 8%
Skip and Giggle
4. PPB Group 8%
5. Telekom Malaysia 3%
6. Sime Darby 5%
20 Foods That Are Killing You Slowly
healthyandpretty 7. IHH Healthcare 6%
8. RHB Bank 6%
9. Digi.com 8%
Opinion
Malaysians Born Before 1981 Are Eligible For This Second Income 'Race' for the World Cup?
Survey Compare MY VIEW
THE FIFA World Cup fever is over.
Thank God we can get adjusted
back to our preferred (...
Cancer Symptoms 6 Warning Signs You Should Never Ignore
Signs You
Copyright © 2018 Sun Media Corporation Sdn. Bhd. All rights reserved.