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waiting for the wife to take action as she has been quiet so far. She has 17.1% while the husband has 23.2% if she starts to collect and pump up her holding to 30%, easily she would be able to kick out her husband. unless Stanley somehow managed to raise some funds and out buy each other. that probably would push back Supermax easily to RM1
if the ex wife wanna seize control of the company, she can start to acquire now at low price since the husband is dirt poor now with all his accounts and assets frozen.
all depends on how the court decides on the marital assets split. we never know. for now, I wonder what transpired during the AGM until such sell down. anyway am waiting for 0.29-0.3 to enter more
unsure on US market but in Malaysia and Singapore, there have always been lot of illegal online casino operating. they are already part of the competition whether the existing license operators like it or not.
Been a while since I last checked this as the court case may take some time. apparently the management and the board still not negotiating an out of court settlement with the plaintiff. that could mean Seacera Board has high confidence in the case of terminating the winding up petition and win the case during appeal.