09-Dec-2019 Insider DATO' MOHAMED FEISAL BIN IBRAHIM (a company director) acquired 1,000,000 shares on 06-Nov-2019.

Change in Boardroom
MULTI SPORTS HOLDINGS LTD

Date of change 03 Nov 2019
Name DATO' MOHAMED FEISAL BIN IBRAHIM
Age 69
Gender Male
Nationality Malaysia
Designation Independent Director
Directorate Independent and Non Executive
Type of change Appointment
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Degree
Bachelor of Economic (Hons)
University Malaya

Working experience and occupation
Officer in the Administrative and Diplomatic Service of the Malaysian Federal Government (1974-1990) Executive Chairman, Bina Puri Holdings Bhd (1999-2010) Board Director, IJM Corporation Bhd (1992-1995) Executive Director, Sriwani Berhad (1992-1994) Chairman, Aliran Ihsan Resources Bhd (2007-2010) Chairman, Latar Highway Sdn Bhd (2005-2010) Board member Suria Bistari Development Sdn Bhd (2008-current) Executive Chairman, Perkasa Sutera Sdn Bhd (1990-current)
Directorships in public companies and listed issuers (if any)
Multi Sports Holdings Ltd
Family relationship with any director and/or major shareholder of the listed issuer
None
Any conflict of interests that he/she has with the listed issuer
None
Details of any interest in the securities of the listed issuer or its subsidiaries
None



Announcement Info
Company Name MULTI SPORTS HOLDINGS LTD
Stock Name MSPORTS
Date Announced 04 Nov 2019
Category Change in Boardroom
Reference Number C03-04112019-00009
https://www.klsescreener.com/v2/announcements/view/12934

Why new auditor appointed?

OTHERS MULTI SPORTS HOLDINGS LTD ("MSPORTS" OR THE COMPANY) - MEMORANDUM OF UNDERSTANDING BETWEEN THE COMPANY AND LEWRE HOLDINGS SDN BHD
MULTI SPORTS HOLDINGS LTD

Type Announcement
Subject OTHERS
Description MULTI SPORTS HOLDINGS LTD ("MSPORTS" OR THE COMPANY)
- MEMORANDUM OF UNDERSTANDING BETWEEN THE COMPANY AND LEWRE HOLDINGS SDN BHD
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6332265

Buy more. Announcement new auditor, JV yesterday sure is better than debt laden Sumatec.

75% buy rate so far.

limsonic sell who buy? Why not like Sumatec?

limsonic why Mr Ervin Selvarajah sell all the share ? delist soon ?
01/11/2019 8:48 PM

Hopes of new lease of life for Multi Sports
https://www.theedgemarkets.com/article/hopes-new-lease-life-multi-sports

Ervin Selvarjah not no 1 shareholders cannot turnaround Msports so nothing surprised. Who bought so much from him actually?

limsonic why Mr Ervin Selvarajah sell all the share ? delist soon ?
01/11/2019 8:48 PM

What you mean dead? Dead is for persons like hamitouzhi who only own Msports as 1 ctr portfolio yet lazy to promote here or attend AGM to complain.

Multi Sports' white knight seeks its listing status

KUALA LUMPUR (May 21): PN17-status Multi Sports Holdings Ltd has entered into a Memorandum of Understanding (MoU) with construction firm Southern Score Sdn Bhd (SSSB) today which will entail the transferance of its listing status to a new entity to be set up by both parties, the company announced to Bursa Malaysia.

The MoU is part of a proposed restructuring plan by Multi Sports to regularise its financial position, which SSSB has shown interest to take part in.

Under the deal, Multi Sports will establish a new company (Newco) with SSSB that will take over the listing status of the company; undergo a capital restructuring if necessary; capitalise the accrued liabilities and debts owed by Multi Sports to its creditors; and the Newco will acquire the entire issued share capital of SSSB at a proposed price to be determined later through valuation, which will be satisfied through the issuance of Newco shares.

Shareholders of Multi Sports will become shareholders in the Newco, it said.

In consideration of the proposed restructuring, SSSB plans to issue up to RM15 million worth of Newco shares in the following manner:

i) Up to RM9 million worth of Newco shares to existing shareholders of Multi Sports which will be distributed according to the size of the stakes held by its shareholders at an entitlement date to be determined later; and

ii) Up to RM6 million worth of Newco shares as full and final settlement of the accrued debts and liabilities owed to creditors.

Both Multi Sports and SSSB plan to enter into a definitive agreement to implement the restructuring scheme no later than 30 days from the date of the MoU, unless an extension is mutually agreed upon.

The definitive agreement is contingent upon receiving the approval of Bursa Securities for an extension of time pursuant to Practice Note 17/2005 for the submission of the regularisation plan by the company, and the approval in principle from its creditors.

“In the event that any of the Approvals is rejected or shall not have been given or obtained by the Cut-Off Date (or such extended time period as the parties may mutually agree), this MOU shall forthwith lapse and be of no further effect and neither party shall have any claim of whatsoever nature against the other party under this MOU,” it said.

Trading of Multi Sports shares were suspended at 2.58pm today.
https://www.theedgemarkets.com/article/multi-sports-white-knight-seeks-its-listing-status

Erwin Selvarajah new boss? What is his plan? RTO Etika(formerly Permanis) into Msports?

Erwin Selvarajah where are you? Will you buy more today when pondans sell?
https://klse.i3investor.com/servlets/stk/annchsh/5150.jsp

All shareholders incl hamitouzhi(entire life savings in Red chips?) cut loss?

PN17 ctr MAA MD appointed as new Bursa CEO next year. So PN17 Msports got chance to revive?

Bursa CEO appointed by LGE/Tun M? So PN17 ctrs got revival hope?

Ranjit Singh memang gaji buta. Lagi cepat retire lagi jimat M'sian govn money.

Both PH and BN govn not good either. BN better because of their BRIM(or increased BRIM had they still in power) or sure money?

Are you all aware SC chairman Ranjit Singh to resign on Oct'15? So his recent visit to China cannot help anything for those conned?

Bursa Malaysia instructs Sumatec directors to attend training
Read more at https://www.thestar.com.my/business/business-news/2018/09/25/bursa-malaysia-instructs-sumatec-directors-to-attend-training/#0Ro0ODGTAuypjobv.99

Why Lin Huozhi, CFO no need attend training like Sumatec?

Why we need MSWG(PH can close them down to save govn money?) and Bursa? What they can do since we are conned by so call cash rich QR?

hamitouzhi and Angielim not posting very long bec busy selling at 2-2.5 sen today?

No point relisting if become poorer is 3 major shareholders objective.

3 parties own >5% stakes ie Paramjit Singh, Lin Huozhi and Erwin Selvarajah. Either 1 can takeover Msports by injecting their own business. Which 1 of them to win?

RM 15 million market cap left. Cheap enough for RTO(reverse takeover)? Permanis or plantation company injection into Msports?

Paramjit Singh 11.898% is major shareholder. How is his plan to inject plantation company in Msports?

https://www.bloomberg.com/research/stocks/private/person.asp?personId=11325196&privcapId=10640071

Some take easy way out by cutting loss but will Erwin Selvarajah follow ikan bilis cutloss?

Relist on Monday 18th June. Up or down?

Paramjit Singh. Erwin Selvarajah(2 substantial shareholders) will vote for MIC?

Why no words from Bursa? GE soon BN don't care who we vote?

limsonic 2016AR is out, relist soon
26/04/2018 08:57

How abt Bursa fine impose on Lin Huozhi on QR delay? How much fine he must pay for QR release today?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5590093

2015 AR finally out after 1.5 years delay. Cash remain intact.

3 more days to issue outstanding QR. Can make it? Lin Huozhi will meet Anwar Ibrahim in Sungai Buloh jail.

Posted by tah16600 > Jun 27, 2017 10:10 AM | Report Abuse
Lin n his daughter thought can outsmart the Malayan Tigers. He forget than Bursa was established much earlier than China Stock exchange. Prepare to go to either Kajang or Sg Buluh jail. This will teach lesson to all the China RedChips listed in Malaysia.

Using Msports cash to buy plantation company?
http://www.theedgemarkets.com/article/hopes-new-lease-life-multi-sports

Hopes of new lease of life for Multi Sports
http://www.theedgemarkets.com/article/hopes-new-lease-life-multi-sports

Like you(Paramjit) and I we invest based on issued QR ie 60 sen cash. Anything less in actual meaning Lin Huozhi is a crook.

Paramjit Singh if Lin HuoZhi break law siphoning Msports money pls bring him to jail since you are a lawyer.

Audit fee problem? Surelah because Msports in China not M'sia. Of course more travelling expenses required to have details auditing hence delay issuing outstanding AR, QR. Since they have new controlling shareholder Paramjit Singh want no stones left unturned.

Not giving dividend is not a crime but if Lin siphons Msports money then he commit a crime as in Stone Master case.

Different is Msports major shareholder Paramjit Singh is a lawyer. Will he do nothing if Lin really commit crime?

Holland more likely. Gone case.

Gone case. 99.99% close shop.

winniepok below posting is for you to judge who is Purebear. I will ask him where is the proof?

Stock: [MSPORTS]: MULTI SPORTS HOLDINGS LTD
May 7, 2016 11:38 AM | Report Abuse
"Based on Bursa’s listing requirements, a substantial shareholder needs to give notice on their acquisitions or disposals two weeks from the day they buy or sell the shares."
http://www.thestar.com.my/business/business-news/2016/05/07/koon-in-the-spotlight-over-untimely-disclosures/

If Paramjit or Erwin started selling from 26 Apr (day after first suspension announcement), they have up to 2 weeks to make announcement which is 10 May (the suspension day). By the time you know, it is already too late!
http://klse.i3investor.com/servlets/cube/post/purebear.jsp

If 3 people fight for control of Msports I support Erwin become winner and inject Etika into Msports.
http://www.thestar.com.my/business/business-news/2016/08/03/etikas-sweet-outlook/

Purebear do you invest in China counters for their Profit & Loss? Why when the year they reported high profit you never praised them?

Why you seem so worried? The auditor has signed it.

TheContrarian PureBear, the cash is not probably fake. It's fake! 100% Fake!
03/08/2016 22:21

hamitouzhi nobody bother to read your posting. To them you deserve it. Nowadays world very chaos you see shooting case every weeks. Even i3 members show commenting here show sign of it. Why are they here if
don't have Msports? Promote what? Even Paramjit also lose 40% buying in 2016.

Posted by PureBear > Jul 17, 2016 11:46 AM | Report Abuse
No Paramjit, no SGM, no annual report, no agent in Malaysia, no Company Secretary, no Resident Representative in Bermuda, no audit committee, no monthly status update, no trading. How are the stock promoters going to promote this stock? :D

Some good companies not listed are PETRONAS, KFC, McDonalds etc but doesn't mean they don't exist. Why must Msports subject to daily trading which only benefit remisers? Only remisers(or bankers) want Msports to list back asap. No hurry for Paramjit to see Msports get traded again when he like us want Msports cash as true as possible.