Mazbiz: The spike in its share prices prompted Bursa Malaysia to query it on the unusual market activity.'' Maxbiz said its boards is not aware of any material activities that would have contributed to the UMA. However, it saw some movements in its boardrooms. Maxbiz had appointed two new directors ' Datuk Mohamad Taufik Omar and Wong Kam Wah. Maxbiz is still bidding to recover what it alleges are missing assets after it took the listing status of Geahin Engineering via a takeover exercise.

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In late June 2011, Maxbiz filed suit against 18 defendants including accounting firm Ernst & Young, Public Investment Band Bhd and Pacific Trustees Bhd. The PN17 firm is claiming damages to the tune of rm164 million from the defendants along with general and exemplary damages.

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Maxbiz is also a PN17 defaulted on rm3 million of RULCS and rm22.62 million of RCSLS.

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GRPO: It develops IT solutions for textile and apparel mfgs, on Oct 14, 2011 appointed Christian Kwok as executive director. It is still unknown what the new shareholder has in the pipeline for GRPO. As at Oct 15,2011 he holds 24.89% stake in GRPO. Its single largest shareholder Vital Research Sdn Bhd has been reducing its stakes in GRPO to 10.29%. Its executive chairman has also been reducing its stakes to 0.12%. This is the second loss making company that Christian Kwok has bought into in less than two months. The first was DVM, which he later sold down under three weeks. GRPO has been in the red since FY2005.