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 Repco's Low acquitted in share scandal case

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ts1
post Nov 27 2006, 04:38 PM

Look at all my stars!!
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Joined: Jun 2005
who cares...he is the man of history...wait for resurrection of john soh
kaito11
post Nov 27 2006, 05:41 PM

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Yes He Did...

QUOTE(Darkmage12 @ Nov 27 2006, 01:03 PM)
earlier this year they were saying that he playing with Iris .... did he do that?
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kaito11
post Dec 5 2006, 11:39 PM

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Joined: Nov 2006
Tuesday, December 5, 2006
Subject: Proposed Change of Company's Name and Proposed amendments to the M&A
Stock Code: 7036
Proposed Change of Company's Name and
Proposed amendments to the M&A

Submitted by / Contact Person:


Proposed Change of Company's Name and
Proposed amendments to the Memorandum
andArticles of Association of the
CompanyProposed Change of Company's
NameThe Board of Directors of Sugar
Bun Corporation Berhad is pleased to
announce that the Company proposes to
change the name of the Company to
Borneo Oil Berhad ("Proposed Change of
Name").The rationale of the Proposed
Change of Name is to have a new
corporate identity for its existing
and future undertakings in view that
the Company is proposing internal
restructuring to strengthen its
business , financial position and
operations.The name " Borneo Oil
Berhad" has been approved by the
Companies Commission of Malaysia and
the name change will be subject to the
approval of the shareholders of the
Company at an Extraordinary General
Meeting (EGM) to be convened at a
later date.The Proposed Change of Name
will be effective from the date of
issuance of the Certificate of
Incorporation on Change of Name by the
Companies Commission of Malaysia.A
Circular to Shareholders in relation
to the Proposed Change of Name
together with the Notice of EGM will
be dispatched to the shareholders of
the Company indue course. Proposed
Amendments to the Memorandum of
Association of the CompanyThe Board
also recommended that the Memorandum
of Association of the Company
beamended by way of addendum to the
main objects clause by inserting into
clause (1) the following :1(a) To
carry on the business of oil , gas and
energy related industries in whatever
form or nature including
trading ,research , mining , both
domestically and internationally.1(b)
To carry on the business of
manufacturing and dealership of oil ,
gas , energy and other related
petroleum products ,marketing and of
other mineral products and in
particular deal with exportation,
importation , distribution ,
suppliers , services to oil figs ,
locations , supplier and marketing
generally of petroleum and mineral
products of any kind of description
which the company considers expedient.1
© To undertake the work of
searching , inspection , examination
and exploration of mineral oil and
petroleum and for that purpose to take
on lease , purchase or otherwise
acquire land and places which may seem
to the company capable of affording
supply of mineral oil , and to
establish and being apply the pumping
stations , pipe lines and other works
and conveniences suitable forthe
purpose extraction of fuel oil , gas ,
energy and lubricants of any kind
nature and description including the
petroleum and other mineral products.1
(d) To acquire license as a dealer or
dealers or manufacturer for all
classes of petroleum products.1(e) To
establish companies and associations
for the prosecution , execution
ofundertakings , works , projects , or
enterprises of any description ,
whether of a private or public
character and to acquire , underwrite
and dispose of shares and interests in
such companies or association , or in
any other companyor associations , or
undertaking thereof. The Proposed
Amendments to the Memorandum and
Articles of Association of the Company
are subject to the approval of
shareholders of the Company.


intanwasih
post Sep 13 2011, 11:49 AM

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Latest News :

Source : http://www.thesundaily.my/news/140672

Ex-Sime Bank CEO acquitted and discharged of acting beyond authority

KUALA LUMPUR (Sept 12, 2011): Former Sime Bank chief executive officer Datuk Ismail Zakaria was today acquitted and discharged by the Sessions Court here from four charges of acting beyond his authority to approve credit facilities totaling RM175 million to an investment company.
Judge Datuk Khadijah Idris said the defence succeeded in casting reasonable doubts on the prosecution's case.
In her ruling, she said from the evidence adduced, Ismail approved the credit facilities based on his authority accorded by the bank's board of directors.
Ismail, 70, was charged with approving RM59 milion, RM50 million, RM40 million and RM26 million to Everise Capital Sdn Bhd.
He was accused of committing the offences between Sept 20 1997 and Oct 21, 1997 in his office on the second floor of Sime Bank Building in Jalan Sultan Ismail here.
The charges under Section 65(1) of the Banking and Financial Institutions Act (Bafia) 1989, and punishable under Section 103(1)(a) of the same Act, provide for jail terms of up to five years or maximum fine of RM5 million, or both.
Bank Negara deputy public prosecutors Anthony Kularaj Kulasingam and Yip Kah Kit prosecuted while counsel Ahmad Zaidi Zainal and Kitson Foong defended Ismail. – Bernama


Look at this info :-

Source :http://pg8.biz/viewtopic.php?f=26&t=1509&start=0

REPCO HOLDINGS BERHAD
No. 12, Lorong Tenggiling 4 Jalan Maktab Gaya,
Luyang Kota Kinabalu, Sabah
+60-8-8250000 (Phone)
+60-8-8266662 (Fax)

Company Brief:
Repco Holdings Berhad is an investment holding and management company in Malaysia. Through its subsidiaries, the Company is mainly engaged in the auto parts, gaming and property sectors. Repco's main activities are the blending of brake fluids and the assembly of automotive parts for distribution; the trading pf automotive parts, brake fluids and lubricants; organizing and managing four-digit forecast pools, and property management. The Company's active subsidiaries include Repco (Malaysia) Sdn. Bhd., Repco Industries Sdn. Bhd., Everise Capital Sdn. Bhd[cool.gif., Everise Ventures Sdn. Bhd., Even Horizon Sdn. Bhd. and Antara Reka Sdn. Bhd.

QUOTE
15 Nov 2006



--------------------------------------------------------------------------------
KUALA LUMPUR: Former Repco Holdings Bhd executive chairman Low Thiam Hock was acquitted...


exactly same fate as Repco Low..

fishy or not??

maybe just coincidence... hmm.gif hmm.gif hmm.gif hmm.gif

This post has been edited by intanwasih: Sep 13 2011, 11:54 AM

 

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