One thing for sure... This Robertl cannot be trusted AT ALL. He claimed to write more on Xinquan but failed. He claimed to write more accounting frauds for Hevea but failed. Now he is showing piece by piece of so called "proof" but still, hiding this and hiding that... Isn't it obvious that his ultimate aim is only to pull down the prices of Xinquan and Hevea only? Use your brains to think wisely, investors...
Now the cat is out of the bag. His boss is a syndicate player, being played out. Looking at the way Hevea is being played, one day up and one day down and at this price, the standard of play is very low. For a strong and standard syndicate player, Hevea should by now be at least RM2. The low standard of play may be the reason why commission is not paid, if ever there is an agreement. Wait, wait Lii Hen boss also never pay the commsision and you wrote a serious of articles to discredit him as well. If 2 bosses renegade on their words then something must be very wrong with the syndicate player. You may not realised the series of nonsense and misleading articles you and your soh chai(s) wrote are attempts to manipulate the share of Hevea and can get you into serious problem with the Authorities. Also by your sell sell calls many of the investors who sold too early or at a loss are now cursing you. You think you are doing them a favour by your articles!
robert is obviously being paid by the disgruntled minority shareholder to spew crap shit here. this is very obvious...cos he has his hands to private documents. saltfish is accusing Marcus in CIMB being paid to write the report. its more obvious robert is working for the disgruntled monority....probably trying to push the share price down, so that they can buy up alot fromt he market at cheap price to hv some substantail holdings so that they can go make noise on the Board. filing a suit in court doesnt mean anything......again its allegations...until the court decides, as in the case of the nin-payment of dividend..which was ruled in favour of defendant. robert, we are not stupid la....the accounts for HW and Heave are signed off by accountants. if you accuse hevea of beautifying the accounts, you are also accusing the accouning firm to be in collusion with the company to conceal information and beautifying account. now you can run the risk of being sued by the accounting firm, Monteiro Heng for slandering thier good name.
Robert seems desperate to push the price down. When stock price stable again, he will write something. Just arrr CIMB publish report, he immediately fight back.
Rob earth , u r hearting most of d ikan bilis here, stop for the unecessary accusing. U won't get anything with the effort u hv worked,, so, I suggest u gorek more gossip of quanxin; then, I'll or we'll feel very much appreciate for u. Your 50% fact with 50% mixture has not success, bcos ikan bilis choose not to buy your story. So, wake up plssss .
If goreng can be alleged on court please also include plenty of bank report which give unreasonable goreng target price As you see CIMB initiate a buy call on Hevea and also strike it with a unreasonable target price of 2.00
The prices up or down no longer important. Robertsai just a small character, someone instructs him to do all of this. Obviously it is a personal hatred with hevea MD, so the important thing to do now is to find out the master who hiding behind
Is about time for you to change to a different username or account to start acting like another person and share out some other news to create panic sell then u can earn more again... Oops.. I forgot that u said that u don't hold any shares... Or do u mean u don't trade at all? Well...
This announcement is made in relation to the article published in TheEdge Financial Daily on 13 January 2016) titled “HeveaBoard rebounds as allegations against it dismissed” in relation to certain articles posted by certain parties on an online stock investor portal known as I3investor recently: (a) “HEVEA, Internal Cracks Emerging” dated 6 January 2016; (b) “HEVEA: 700 Containers Stranded in Korean Port” dated 7 January 2016; and (c) “HEVEA” Ingenuity Accounting (Bomb No.1) dated 10 January 2016. The contents made in those articles are untrue, defamatory and malicious in nature. The Company states the following:
1. It is business as usual at the Company and its subsidiaries (collectively, the “Group”).
2. Business operations of the Group have not been interrupted as a result of the allegations contained in the abovementioned articles.
3. The civil suit (“Suit”) filed in the High Court of Malaya in Seremban (“Seremban High Court”) in September 2014 is a suit brought under Section 181 of the Companies Act 1965 by the minority shareholders of HeveaWood Industries Sdn Bhd (“HeveaWood”) against the majority shareholders of HeveaWood (i.e. Yong Kian Seng @ Yoong Tein Seng, Yoong Hau Chun, Tenson Holdings Sdn Bhd, Firama Holdings Sdn Bhd and HeveaWood Industries Sdn Bhd). The minority shareholders alleged that they have been oppressed by the majority shareholders, and non payment of dividends by HeveaWood was one of the allegations made. On a separate note, the Company had not paid any dividends during the financial years ended 2009 to 2012 due to its financial position during that period of time. HeveaWood should not be confused with the Company. HeveaWood is a substantial shareholder of the Company and is a private limited company. This Suit had been decided by the Seremban High Court in favour of the majority shareholders. The minority shareholders have subsequently filed an appeal against the decision of the Seremban High Court. As the Suit does not involve the Company and is at the shareholders’ level, it is a private matter and there is no legal requirement for the Company to make any announcements to Bursa Malaysia Securities Berhad on the same. The Suit has no bearing on the governance of the Company.
4. As for the allegation of 700 containers of the Company being stranded in a port in South Korea in October 2015 due to non-conformance of quality standards, the Company reiterates that this is untrue. The South Korean authority had changed its standard of panel products from E2 boards to E1. As South Korean E1 testing standards differed slightly, the Company had decided to delay its shipment to South Korea pending clarification on new testing standards applicable to its products. As of to-date, this matter has been resolved. 5. In respect of the allegation of ingenuity accounting in that there were discrepancies between the amounts owed by related parties to HeveaWood and the amounts owed by the Company to related parties, the Company understands that in addition to the amount owing by the Company to HeveaWood, there are other amounts due from other related parties to HeveaWood. Hence, the alleged discrepancies. The amount owing to HeveaWood by the Company is intended to be repaid in 2016. The Company reserves all rights to take legal steps
I did like to see them perform on the court with their england So the allegation now is goreng goreng This Hevea like to goreng everything need to goreng so it taste better
Please hire the top legal firm that is represented by the wsj and also use a power england to ask them are you sure you want to bring this to court and all your affivdavit is valid.
3. Section 176 of CMSA- Stock Market Manipulation Stock market manipulation is the act of transacting in the securities of a company that will have or is likely to have the effect of raising or lowering or maintaining the price of the company’s securities on a stock market, with the intention of inducing other persons to purchase or subscribe for the company’s securities. Such acts are illegal under the CMSA.
Note: Essentially, the law provides that a person shall not effect, take part in, be concerned in or carry out, either directly or indirectly, any number of transactions in securities of a corporation, being transactions that have, or are likely to have, the effect of raising, lowering or fixing the price of securities of the corporation on a stock market in Malaysia, for the purpose or purposes which may include the purpose of inducing other persons, to purchase or dispose of the securities of the corporation or of a related corporation.
A person who contravenes section 176 commits an offence and shall be punished on conviction to imprisonment for a term not exceeding ten years and to a fine of not less than one million ringgit.
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Posted by fast > 2016-01-12 17:39 | Report Abuse
One thing for sure... This Robertl cannot be trusted AT ALL. He claimed to write more on Xinquan but failed. He claimed to write more accounting frauds for Hevea but failed. Now he is showing piece by piece of so called "proof" but still, hiding this and hiding that... Isn't it obvious that his ultimate aim is only to pull down the prices of Xinquan and Hevea only? Use your brains to think wisely, investors...