{"id":12340,"date":"2021-02-15T05:00:00","date_gmt":"2021-02-15T05:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/02\/15\/vivocom-thanks-bursa-malaysia-expresses-profound-appreciation-to-shareholders\/"},"modified":"2021-02-15T05:00:00","modified_gmt":"2021-02-15T05:00:00","slug":"vivocom-thanks-bursa-malaysia-expresses-profound-appreciation-to-shareholders","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/02\/15\/vivocom-thanks-bursa-malaysia-expresses-profound-appreciation-to-shareholders\/","title":{"rendered":"Vivocom thanks Bursa Malaysia, expresses profound appreciation to shareholders"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p>KUALA LUMPUR, MALAYSIA &#8211; <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a> &#8211; 15 February 2021 &#8211; Vivocom&#13;<br \/>\nInt&#8217;l Holdings Berhad (&#8216;Vivocom&#8217;) has expressed its &#8216;appreciation&#8217; to Bursa Malaysia&#13;<br \/>\nSecurities Berhad for its approval of the <a href=\"https:\/\/www.bursamalaysia.com\/market_information\/announcements\/company_announcement\/announcement_details?ann_id=3117683\">multiple proposals \u00a0  submitted in on&#13;<br \/>\n30<sup>th<\/sup> \u00a0  December 2020,<\/a> a corporate move that would&#13;<br \/>\nusher in an exciting period for as well as strengthening the overall corporate&#13;<br \/>\nstructure of Vivocom.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p style=\"text-align: center\"><img src=\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/124783\/vivocom-image.jpg#image-124783\" width=\"500\"\/>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p style=\"text-align: center\"><i>Vivocom CEO Dato Seri Chia Kok Teong&#13;<br \/>\nbelieves that Vivocom shares will grow strongly over time and will be worth a&#13;<br \/>\nlot more than the pre-Chinese New Year price of 89 sen.<\/i><\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Its CEO Dato Seri Chia Kok Teong praised Bursa for its constant efforts&#13;<br \/>\nto create a vibrant equity market, and personally attested to the exchange&#8217;s&#13;<br \/>\npledge of <i>&#8216;creating opportunities,&#13;<br \/>\ngrowing value&#8217;<\/i> as &#8220;one that&#8217;s real and more than just a tagline&#8221;.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;Like many other companies, Vivocom is indeed grateful to Bursa&#8217;s for&#13;<br \/>\nits continuous efforts in fostering a conducive capital market for its members&#13;<br \/>\nto grow and create wealth for the nation,&#8221; said Dato Seri Chia. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;We had submitted our proposals in December 2020, and Bursa had reverted&#13;<br \/>\npromptly and approved them; an impressive turnaround time. Accordingly Vivocom is&#13;<br \/>\nnow ready to begin its journey of transforming itself, as an Investment Holding&#13;<br \/>\ncompany.&#8221;<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Last Thursday, Vivocom had announced that Bursa had approved the&#13;<br \/>\nvarious proposals submitted which can be read <a href=\"https:\/\/www.bursamalaysia.com\/market_information\/announcements\/company_announcement\/announcement_details?ann_id=3128515\"> here <\/a> or the link in full: <a href=\"https:\/\/www.bursamalaysia.com\/market_information\/announcements\/company_announcement\/announcement_details?ann_id=3128515\"> https:\/\/www.bursamalaysia.com\/market_information\/announcements\/company_announcement\/announcement_details?ann_id=3128515 <\/a>.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p> \u00a0 <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Dato&#8217; Seri Chia also expressed his profound gratitude to all&#13;<br \/>\nshareholders for having supported the company, and is looking towards stronger&#13;<br \/>\nsupport to continue into the long term.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;My Board and Management team are totally committed to building Vivocom&#13;<br \/>\ninto a reputable public company, with sound and sustainable fundamentals of&#13;<br \/>\nsolid profits and healthy cashflow,&#8221; he said.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;We are very focussed in transforming Vivocom into a&#13;<br \/>\nbehemoth Conglomerate, via organic or inorganic growth, including expansive M&amp;A&#13;<br \/>\n(merger and acquisition) activities which may result in us acquiring strategic&#13;<br \/>\nstakes in other Public Listed Companies for investment holding purposes,&#8221; Dato&#13;<br \/>\nSeri explained.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;We shall always act in Shareholders&#8217; best interests and, as a&#13;<br \/>\npriority, would work towards getting Vivocom elevated to the Main Board of&#13;<br \/>\nBursa soonest possible,&#8221; he added.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;We will also do our utmost to&#13;<br \/>\nmaximise Vivocom&#8217;s earnings in the coming years in order to reward our&#13;<br \/>\nshareholders with a handsome dividend pay-out at the earliest opportunity,&#8221;&#13;<br \/>\nDato Seri continued.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>To show his dedication, Dato Seri&#13;<br \/>\nChia has committed to a voluntary self&#8211;imposed moratorium (or SIM) in that he&#13;<br \/>\nwill not dispose his personal stakes in Vivocom for the next 3 years.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;I am strongly focussed on &#8216;building&#13;<br \/>\nthe Vivocom legacy&#8217; while creating wealth for all shareholders of Vivocom for&#13;<br \/>\nthe long term,&#8221; he promised. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;My SIM means that I won&#8217;t be&#13;<br \/>\ncashing in on my personal stakes in the immediate term or at least for the next&#13;<br \/>\n3 years. I&#8217;m supremely confident of maximising the wealth of Vivocom in the&#13;<br \/>\nlong run.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>&#8220;In other words, I believe Vivocom&#13;<br \/>\nshares will grow strongly over time and will be worth a lot more than the pre-Chinese&#13;<br \/>\nNew Year price of 89 sen,&#8221; concluded Dato Seri Chia.<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/release.php\/View\/65143#Contact\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, MALAYSIA &#8211; Media OutReach &#8211; 15 February 2021 &#8211; Vivocom&#13; Int&#8217;l Holdings Berhad (&#8216;Vivocom&#8217;) has expressed its &#8216;appreciation&#8217; to Bursa Malaysia&#13; Securities Berhad for its approval of the multiple proposals \u00a0 submitted in on&#13; 30th \u00a0 December 2020, a corporate move that would&#13; usher in an exciting period for as well as strengthening &hellip;<\/p>\n","protected":false},"author":1,"featured_media":12341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/12340"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=12340"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/12340\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/12341"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=12340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=12340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=12340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}