AF Global (formerly: LCD Global Investments Ltd)

[rainmaker]

I CALL UPON ALL SHAREHOLDERS TO VOTE AGAINST RESOLUTION 4A and 4B on the appointment of the 2 Japenese representative of J Trust. ALL MINORITY SHAREHOLDERS SHOULD DENY THEM THE ACCESS TO EXECUTIVE CONTROL OF THE COMPANY

The LUMs try to short the minority and not able to face anymore pressure, sold to JT. We need to give a chance to the new mgmt and see what value they can deliver. If voted them out, then who can come in and manage. KWS hand is full and if he is interested, he can come out with a better offer. So what is your valid reason?

The Japanese has no experience in the hospitality business. Would you also want to hand control of the company to a person who deliberately skirt the takeover code just to gain control of a company while coming up with only 29% capital outlay?

Obviously, the minority shareholders should work together to deny them access to the board. Why pay them the director fees? If they so badly want the directorship, they should jolly well extend the 30cent offer and make a GO to everybody.

What's wrong with the Japs with buying 29% if thats what it takes to control the company via the Board? Die die must cross 30% and make an offer meh???

How come you never complain when Lums controls 29%?

Thats because I willingly became a shareholder when the Lums were in charge of the company. I cannot accept a change of management with a change of controlling shareholder as well.

Theres a reason why most banks extend credit on the condition that there will be no change in management and controlling shareholder during the tenure of the loan

KWS is also not experience guy nor many of the top businessman cos they need to oversee their other business group. Sitting on board is different from day-to-day management which is anchored by another group of professionals. JT will not takover without a plan. The fees is for a group of directors same as other AGM. Will attend the AGM and voted for Jap unless KWS came out and state his intention of taking over.