Kena cheated again ??? What the F--K?

http://www.theedgemarkets.com/article/china-automobile-gets-onemonth-extension-submit-fy15-audited-accounts - FAKE ???

Ok, I've read the post. Kyy did take action,but BOD don't care. So it isn't kyy's fault. He got into the same situation like others. I can understand this, sometimes we do get into this kind of situation. So don't blame Kyy anymore.
Have you ever heard of John Paulson and the infamous Sinoforest.
Read the post from KL Boy.

KYY, I don't think you should be blame, as for others I don't know. Good Luck in your other ventures , Kyy. Don't think too much how others think about you. Just do what you like to.

gushan, you are right about KKY. He is just an investor got too high trust in Xingquan. Today's support at from 3.5 Sen to 6 Sen could be KKY's support. Wish him LUCK too. He had helped many investors to dispose off their shares at the last minutes. Many thanks to him too but hope he didnt help those liars BOD to dispose off BOD's shares at the last minute.

Furthermore : Param Singh Gill is a practising lawyer himself. No effect on Msports (A Chinaman company like Xingquan or CAP ).

Because KKY is so rich, he is OK throwing his last straw agst Xingquan. He is heading to sue the whole BOD and BOM in Xingquan, after this , like what Param Singh Gill did for Msports - until now - No news. (Since 28Sep2016's EGM).

gushan, Click on this and you see everything KKY did.https://klse.i3investor.com/blogs/ddsqwdwc/88943.jsp

https://klse.i3investor.com/blogs/ddsqwdwc/88943.jsp

He knew the answer after he attended the 2015 AGM. But he do not believe (like me believe Msports before) his eye even after questioning the BOD in the 2015 AGM were liars. See my next post regarding KKY;s walkout during 2015's AGM.

KKY willing to bet since he is so rich already. Do some charity to help those trapped inside here. Bravo KKY.

he above Company has failed to submit its 3rd Quarterly Report for financial
period ended 31 March 2017 ("3rd QR") to Bursa Malaysia Securities Berhad
("Bursa Securities") for public release within the stipulated timeframe i.e. 31
May 2017 pursuant to Paragraph 9.22(1) of Bursa Securities' Main Market Listing
Requirements ("LR"). Pursuant to Paragraph 9.28(5) of the LR, if a listed
issuer fails to issue the outstanding financial statements within 5 market days
after the expiry of the relevant timeframes as stated in Paragraph 9.22(1) of
the LR ("Relevant Timeframes") (the last day of the 5 market days is referred
to as "Suspension Deadline"), in addition to any enforcement action that Bursa
Securities may take, Bursa Securities shall suspend the trading in the
securities of such listed issuer. The suspension shall be effected on the next
market day after the Suspension Deadline. In view of the above and in the event
that XINQUAN is unable to submit the outstanding 3rd QR on or before 7 June
2017, the trading in the above Company's securities will be suspended with
effect from 9.00 am, Thursday, 8 June 2017 until further notice. Pursuant to
Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding
financial statements within 6 months from the expiry of the relevant
timeframes, in addition to any enforcement action that Bursa Securities may
take; de-listing procedures shall be commenced against such listed issuer.
VP, Issuers
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

KKY is trying his best to support the counter as well as to help those poor guys who wish to sell all if they want. KKY is taking the risk himself. Looks like he will battle with the China Conman after delisting. Good luck to KKY. He is certainly a good man and a risk taker. From my experience with MSPORTS, Xingquan and CAP act the same - Everything they did were the same. Just so SAD why both our government and the Chinese government all allow them to cheat. ACTION must be taken against these CONMEN.

Beware $$$$$ - China company use KLSE as platform to cheat investors like us.KLSE - AGREED. Proven by Msports, CAP, Xingquan and many others.

Authorities should arrest all the working directors at once before they go away like Msports. No news PLC from China.

All their Cash in Banks are Fake? Accounts all Fake? Very very funny. RM431 Millions in Cash are Fake - same like Msports?

China man making China a very BAD name. Why Chinese Govt allows these types of companies to cheat people is a Question Mark. Msports until now no news too. Delisted just like that. Same old story like CAP.

This XDL accounts almost similar with Msports. A lot of Cash and no borrowings - Yet no dividends declared. Many similarities detected. Better be careful.

Consolidation surely affect XDL price after 17/5, 5 sen will become 20 sen but your shareholding becomes 1/4 only. XDL doing this maybe hoping to manipulate the share prices easier in the future. Got good and got bad points. Good is shares can go up faster if there are many buyers. Bad is if share price can also goes down further, more investors kena cheated further. Sometimes, we do not know how China businesses (whether they are genuine or fake) nowadays. I really got scared by MSPORTS experience....until today, still no news either DEAD OR ALIVE. Got so much CASH yet no dividend declared...same case with XDL.???? What do you all think???

MULTI SPORTS HOLDINGS LTD ("MSPORTS" OR "THE COMPANY")
- APPOINTMENT OF AGENT IN MALAYSIA
Further to the announcement made on 9 June 2016.

Multi Sports Holding Ltd wishes to announce that Boardroom.com Sdn. Bhd. has been appointed as Agent in Malaysia of MSports with effect from 3 November 2016 pursuant to Section 333 of the Companies Act, 1965.

This announcement is dated 4 November 2016.

Yeah..I am still alive...got little announcement ...announcing the appointment of Boardroom.com as our Msports Malaysia agent.

COME TO CHINA, I TEACH YOU HOW TO MAKE MONEY. OK.

YOU ALL WANTED ME IN MALAYSIA. COME AND CATCH ME IN CHINA, MY BELOVED COUNTRY.

TAIPEI, Taiwan -- Multi Sports Holdings Ltd (MSH-DR，code: 911626) failed to issue a 2015 annual report or a 2016 half-year financial report and did not set up new litigious and non-litigious representatives, according to a press release from the Taiwan Stock Exchange Co. (TWSE).

MSH has violated the Securities Exchange Act and TWSE's regulations and has had a significant impact on shareholder's equity, the TWSE stated.

This meets TWSE's "Operating Rules of the Taiwan Stock Exchange Corporation" Article 50-3 paragraphs 9 subparagraph 11 for delisting a TDR. The TWSE Board of Directors approved that MSH-DR would be delisted on Nov. 1, the TWSE said.

KUALA LUMPUR: Shareholders of China-based Multi Sports Holdings Ltd (MSports) voted in favour of appointments of six directors at a time when concerns are raised over the company’s financial accounts.

Paramjit Singh Gill, a 11.9% shareholder of MSports, yesterday called for a special meeting for the appointment of Kasinathan Tulasi, Naren Anand Gill, Clarence Yeow Kong Chew, Cheh Chee Mun, Guan Swee Kee and Terence Selvarajah.

The were given the mandate to carry out an independent investigation of the company’s affairs, and even undertake a forensic audit, if needed.

However, Paramjit noted the new directors will have a meeting first before deciding on the next course of action.

With the experience that the new directors have in legal and accounting, Paramjit said they can help look into the company affairs, including reviewing and investigating its operations.

“We’ll find out what has gone wrong with the company. This is the final opportunity to take action to protect shareholders’ interest,” he said.

Worth noting is that prior to yesterday’s appointments, MSports was only left with two directors – chairman Lin Huozhi and CEO Lin Liying. Liying is the daughter of Huozhi.

Huozhi has been paring down his stake from over 30% in 2014 to the current 11.45%.

Speaking to reporters after the meeting, Paramjit said he had written a letter expressing concerns to the company but the management did not reply to queries.

Trading in MSports shares has been suspended since May 10 following its failure to submit its quarterly financial report ended June 30, 2016 as its external auditors RT LLP requires time to verify the company’s expenditure incurred and bank balances.

The counter was last traded at 3.5 sen, a 95% drop compared with its initial public offering (IPO) of 80 sen in 2009.

MSports swung to the red registering a net loss of RM8.93 million for the first quarter ended March 31, 2016 against a net profit of RM6.16 million in the previous corresponding period.

Paramjit also said that the regulators are monitoring the development in MSports closely.

“The Securities Commission and Bursa Malaysia are very keen to know what is happening. They have been in touch with us, he added.

If cannot take over the MSports Assets, Mr Paramjeet Gill can bring all the responsible parties to Court. Mr Lin and his daughter. Auditors and those who conspired
like Bankers, Shares and Warrants Listing Brokers, Chinese Authorities and the Malaysian Authorities such as SC and Bursa Malaysia as well. That's why Supporting
Mr Paramjeet Singh Gill all the way to the United Nations and US Court of Justice if possible.

need to support whatever action Mr. Paramjeet intend to take. This China con man is too much go everywhere cheating people bringing shame to chinese people and damanging their own country reputation. I hope China government will take notices and come hard on them as what they do to the tele cheating case where they even handcuff Taiwanese suspect and send them back to mainland china to face charges.
05/10/2016 ...Totally agreed with SSLee because this Conman practices from the Mainland China are a Norm already. Sooner or later it will affect the whole world if the Chinese Government is not serious in tackling this SHAMEFUL ACTS of their citizens.

SGM all 9 resolutions approved. All New Directors appointed for Msports. The war has just began. More than 50 persons attended the meeting. All seats filled except
some front seats. Media and reporters there to interview and take photos.

The outcome of today Msports SGM has direct effects on all other CHINESE STOCKS IN MALAYSIA IN PARTICULAR AND THE WORLD IN GENERAL.
ALL PEOPLE HOLDING CHINA LISTED COMPANIES SHARES IN THE WORLD, PLEASE SEE WHAT IS HAPPENING HERE TODAY. SPECIAL GENERAL MEETING IS GOING ON AT 3PM
ROYAL SELANGOR CLUB BALLROOM AT SELANGOR PADANG.

Impossible to fake the accounts of Trading, Profit & Loss. Impossible to fake the bank balances to tally up with the group's reserves. For all these, the public auditors will make themself heading for a heavy jail term other than delisting themself as a Public Auditors for sure.

WORLD MOST OPEN SCAM ON EARTH HAPPENING FROM CHINESE PUBLIC LISTED COMPANIES. WHAT IS HAPPENING ON EARTH? WAIT FOR SGM OF
MULTI SPORTS HOLDING LTD TO COMPLETE FIRST. PLEASE WAIT. MUST BRING SECURITIES COMMISSION AND SSM AND BERMUDA REGISTRAR OF C
OF COMPANIES TO COME TO ATTEND THE SGM CALLED ON 4-10-2016 AT 3PM (ROYAL SELANGOR CLUB, BALLROOM). ALL MUST ATTEND.
BRING ALONG ALL THE PRESS AND MEDIA TO ATTEND TOO.

Leno is correct. SGM confirmed to be held at Ballroom, Royal Selangor Club, Jalan Raja, Dataran on Tuesday 4th Oct 2016 at 3pm tentatively. I received this Notice Today from Paramjit Singh Gill.

Bursa Securities was informed on 20 September 2016 on the following further development concerning MSPORTS:

(i) Mr Paramjit Singh Gill, being the beneficial holder of 72,198,300 ordinary shares, representing 11.898% of the issued and paid-up share capital of MSPORTS, had on 19 September 2016 issued to its shareholders a Notice of Special General Meeting pursuant to Section 74 of the Companies Act 1981 of Bermuda ("Notice of Special General Meeting").

Please refer to http://www.bursamalaysia.com/market/listed-companies/company-announcements/5209909 for the full details of the Notice of Special General Meeting.

If Msports is gone, Then All China's Stocks are equally GONE. Just Sell. Don't Buy. A BIG DISGRACE TO THE CHINESE PEOPLE FROM CHINA.

hamitouzhi. I cannot open your links - got trojan dedected. Kaspersky warned me.

Gone case - good lah. Can wind-up so that Liquidators can be called in to finish off the company by distributing all the Cash after selling all the Assets and Buildings. This is the Best News ever if true.

Patience is virtue. Please wait. Today market crashed because UK left EU. Tomorrow, everything will be OK. Just wait lah everybody.

Think you are right. Why no announcement was made for the sell down? Maybe the sell down was not done by any substantial shareholders?

Yes, So scary. Good companies become penny stocks. Good for people who are daring to buy in and keep. Wait for the truths to prevail. Either good or bad. Real or unreal very hard to determine. But based on their Accounting Reports, we are OK. Life is uncertain and same goes to companies too. Nothing is certain and Nothing is Permanent.

Really !! Need to check CAP too.

Fam Jenny. If the Annual Accounts are not real. Then the biggest culprits are the External Auditors, Directors and our SC. I personally think human beings are really very funny.

Simply do not understand why the group is so rich and yet cannot use the money to buy back its own shares. Last year they bought back only few hundred shares. WHY?

Suffering like Msports style. Will be suspensed soon. Trend the same like Msports.

Now 8 sen already very very cheap but because of panic or fear like Msports, CSL shareholders sure cannot tahan, Some will throw or maybe it needs the taiko from China to throw one big lot, then they will panic. Or follow Msports examples - sack the Co Sec, sack the Internal Auditors and throw away a few million shares.....CSL shares will become like Msports shares. Same same.

CSL China Stationeries Ltd - now 8 sen is another Msports in the making. Follow closely CSL. I will buy if drop to 3 to 4 sen like Msports. Wait and see. Why Chinese stocks react like this?

Yes. swingtrader2 is right. Either we get ton of money or we get nothing. Let's see. God bless. Good luck.

Good. Thanks show. Either Paramjit is acting on the company or Mr Lin is doing something. Either way. Big show ahead for us to see.

Maybe Mr Lin is appointing a Liquidator to dissolve the company. ???

I sense something very bad or BIG is happening. Time to standby for something BIG. Hahahaaa...

Exactly. show is right.

Agree 100% with Tintan. Now we are waiting for EGM and AGM. Cheers.

http://multisports.listedcompany.com/financials.html