For the 1st step of "saving our investments"
Based on the numbers of shareholders given verbal their commitment - 115 to be exact, we are expecting to cap at maximum $1K ($1000) per person. Depending on the final figures from relevant parties, it "COULD" be lower than $1K per person
Work is engaging legal service for advise, appearance and presentation in court to stop the transfer of shares at NIL consideration under unfair prejudice to shareholders, which are also members of the company
Also exploring about independent valuation to establish the value of assets of the company to prove to court that NIL consideration is unreasonable, therefore the cost is not solely based on legal team alone
We welcome shareholders to join in force, average down cost for this group action, prevent the force transfer of our shares and save our investments
For transparency, all monies involved will be deposit into the lawyer trust account upon appointment
To join this group action, please send email to
[email protected]