Magic Carpet Fund III, Skyven Growth Opportunities Fund Pte Ltd, Venstar Investments Ltd and Fortune Technology Fund Ltd (together, ‘the Bondholders’)
Venstar Investments Ltd, still hold somewhat 40 million shares. Around 4% of the company.
This will expose how much cash the company actually currently hold. Best thing they could do is to liquidate the whole company and return cash to shareholders.
It’d be worth at least 10 cents per share.
PEZ Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
