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Hi, I believe he has nothing to do with Amedia anymore. In fact, based on the announcement released by Amedia, the company is also suing Mr. Ricky for breach of trust. If you refer to their website i.e. amedia.my, Amedia is currently running by a whole new team under the stewardship of Mr Gan. Lau, please get your facts right before you comment. Yes , I can understand what you type, I like mandarin.
(i) a proposed reduction of the issued share capital of AMGB pursuant to Section 116 of the Companies Act, 2016 (“Act”) (“Proposed Share Capital Reduction”);
(ii) a proposed private placement which entails the issuance of 20.0% of the total number of issued shares in AMGB (“AMGB Share(s) or “Shares”) (“Proposed Private Placement”);
(iii) a proposed renounceable rights issue on the basis of 3 new AMGB Shares (“Rights Share(s)”) for every 4 existing AMGB Shares held, together with free detachabl