Posted by qqq47660 > 2023-01-30 13:11 | Report Abuse

jakel family is a huge malay group. very fierce.

people write critical piece at 70 sens, now also above $ 1.

Posted by Zhuge_Liang > 2023-01-30 13:12 |

Post removed.Why?

Posted by Sslee > 2023-01-30 13:15 | Report Abuse

qqq3,
I can't be everywhere and my intention of this article is promoting and empowerment more minority shareholders to assert their rights to hold BOD and Management responsible, accountable and answerable and report red flag to SC and Bursa.

Posted by qqq47660 > 2023-01-30 13:17 | Report Abuse

Posted by Sslee > 1 minute ago | Report Abuse

qqq3
My concern is now on the wellbeing of HRC employees and the company and not about whether I got it right on Q2 and Q3 result.
======

u got nothing to carry on except defamation and potentially be sued until underwear also no more.

Posted by qqq47660 > 2023-01-30 13:19 |

Post removed.Why?

Posted by drsoo1 > 2023-01-30 15:29 | Report Abuse

an engineer will treat lying / cheating as a matter of "life or death" and accountant will treat it as business as usual...

Posted by drsoo1 > 2023-01-30 15:35 | Report Abuse

how much is 1+1 ? Engineer : it is 1.9999 +-0.000001, Doctor : I think it is 2 but you better get second opinion, Lawyer : It looks like 2, smell like 2 but may not be 2 : Accountant : 1+1 = what would you like it to be?

Posted by qqq47660 > 2023-01-30 15:55 | Report Abuse

osted by drsoo1 > 18 minutes ago | Report Abuse

how much is 1+1 ? Engineer : it is 1.9999 +-0.000001, Doctor : I think it is 2 but you better get second opinion, Lawyer : It looks like 2, smell like 2 but may not be 2 : Accountant : 1+1 = what would you like it to be?
================


lol

Posted by Sslee > 2023-01-31 08:42 | Report Abuse

Update: 31/1/2023: Thank all for your valuable comments. I make minor amend to No.5 with "concern/allegation" as suggest by SarifahSelinder. Will send out thin noon.

Posted by qqq47660 > 2023-01-31 09:53 | Report Abuse

Posted by Sslee > 20 hours ago | Report Abuse

qqq3
My concern is now on the wellbeing of HRC employees and the company and not about whether I got it right on Q2 and Q3 result.
============


u are an emotional guy....................from hy $20 company to HY a bankrupt company.................lol

Posted by firehawk > 2023-01-31 10:00 | Report Abuse

I don't really know what is happening to HY, I don't follow because I don't own .....
Just log in to give a thumb up to Sslee for his afford ..... and wish him closer to what he seek for ......
HY thread, is sizzling hot recently, but like many other threads too, most of the postings carry no value, is very hard to find meaningful postings and thus are precious ......

Hope he is safe too, in case he is exposed to threats of any kind.

Posted by qqq47660 > 2023-01-31 10:16 | Report Abuse

HY is not the enemy. BoD of hy is not the enemy.

the real enemy is controlling one's emotions.

not all FDI are enemies, not all listed companies are enemies.

actually FDI contributes to the real economy.

Posted by qqq47660 > 2023-01-31 10:17 | Report Abuse

harass the wrong company is bad for economy.

Posted by qqq47660 > 2023-01-31 10:18 | Report Abuse

we all want a good economy don't we?

Posted by nicholas99 > 2023-01-31 10:19 | Report Abuse

ask serbadk that. haha

Posted by qqq47660 > 2023-01-31 12:07 | Report Abuse

Posted by nicholas99 > 1 hour ago | Report Abuse

ask serbadk that. haha
======


to a hammer every thing is a nail.

Posted by Sslee > 2023-01-31 12:27 | Report Abuse

Send.
Will wait for HRC, SC and Bursa respond.

Posted by BobAxelrod > 2023-01-31 13:24 | Report Abuse

Don't hold your breath.

Posted by qqq47660 > 2023-01-31 16:07 |

Post removed.Why?

Posted by qqq47660 > 2023-01-31 16:08 | Report Abuse

anyway, nothing there
nothing to see.

Posted by Sslee > 2023-01-31 17:31 | Report Abuse

I just exercise my rights as general public and minority sharholder as what is stated in HRC whistleblowing policy.

Nothing more and nothing less in reporting my genuine concern in good faith to Whistleblowing commitee to start an inhouse investigation for the common good of company, employees, shareholders and etc.

Posted by Sslee > 2023-01-31 17:43 | Report Abuse

Yes he was dean of chemical faculty.

Posted by qqq47660 > 2023-01-31 19:27 | Report Abuse

Huge losses at lctitan , why don't sslee complain about lctitan? Is it because China shares easier to bully compare to Korean shares

Posted by BobAxelrod > 2023-01-31 19:41 |

Post removed.Why?

Posted by Sslee > 2023-01-31 19:53 | Report Abuse

My Q3 result prediction was based on public available information on crack spread.
What I miscalculate was the high premium paid for the crude by HRC.
Note:All the korea refineries make so muck profit untill they pay their employees 10 years bonus.

Each barrel of crude oil is refine breakdown into 3 major component product, with largest component is diesel, second is RON gasoline and lastly refine jet fuel

1. Gasoil/diesel crack spread chart (historical highest level range)
https://www.tradingview.com/symbols/NYMEX-GOC1%21/

2. Gasoline/petrol RON 92 crack spread spread chart (normalize level range)
https://www.tradingview.com/symbols/NYMEX-D1N1%21/

3. Kerosene/ jet fuel crack spread (at historical highest range level)
https://www.tradingview.com/symbols/NYMEX-ASD2!/

Posted by Sslee > 2023-01-31 19:59 | Report Abuse

By Byun Hye-jin: Published: Jan 2, 2023 - 15:33 Updated: Jan 3, 2023 - 18:06
Hyundai Oilbank, one of South Korea’s leading refiners, said Monday that it handed out 1,000 percent of base salaries as bonuses to its staffers.
The company declined to disclose the specific amount of the salaries given. In 2021, its employees an average of 121 million won ($94,800) per person including bonuses at a 600 percent rate.
The refiner’s lump-sum bonuses came in line with the refining industry’ stellar performance last year. In the third quarter alone, Hyundai Oilbank’s operating profit skyrocketed by 226 percent on-year to 2.8 trillion won. Adding the fourth quarter results, last year’s cumulative profit will increase even more, sources said.

Other major refining companies – SK Energy, S-Oil and GS Caltex – will soon decide the bonus rates as well.
“We haven’t decided on the bonus yet, but it is expected to be more or less similar to Hyundai OilBank’s,” said a company official from a major oil refiner who requested anonymity.
Last year, SK Energy and GS Caltex provided 1,000 percent of base salaries as extra payment to employees, while S-Oil gave bonuses at a 1,400 percent rate

Posted by qqq47660 > 2023-01-31 23:26 | Report Abuse

Sslee > 3 hours ago | Report Abuse

My Q3 result prediction was based on public available information on crack spread.
=========


not to worry................full year results have to be audited. No more hidden profits and hidden reserves. Every thing will be adjusted in q4 results. U better buy below 4 and sell at 20 before it is too late.

Posted by qqq47660 > 2023-01-31 23:29 | Report Abuse

while interim results are not audited, full year results are subject to audit............... and if there are large variance between audited results and unaudited results for the full year, the company will have to answer for it. ...and penalised by the KlSE.

Posted by BobAxelrod > 2023-02-03 08:26 |

Post removed.Why?

Posted by BobAxelrod > 2023-02-03 08:29 |

Post removed.Why?

Posted by BobAxelrod > 2023-02-03 08:31 |

Post removed.Why?

Posted by Sslee > 2023-02-03 08:32 | Report Abuse

Good morning,
By the way my email is with CC to ....... follow by official complaint to .........

Posted by BobAxelrod > 2023-02-03 08:33 |

Post removed.Why?

Posted by BobAxelrod > 2023-02-03 08:44 |

Post removed.Why?

Posted by Sslee > 2023-02-03 08:49 | Report Abuse

Actually the flight path to moon is fly around earth then swing to the moon. The return trip also fly around moon then swing back to earth.

Posted by Sslee > 2023-02-03 08:50 | Report Abuse

So I took the same path around their Internal Whistleblower Dept then swing to..........

Posted by Sslee > 2023-02-03 08:53 | Report Abuse

Bursa listing requirement/regulation (Breach of disclosure of information offence)

SC Capital Markets and Services Act 2007 (Breaches of fiduciary duties of directors and accounting fraud)

Posted by BobAxelrod > 2023-02-03 09:00 | Report Abuse

Right, but SC is not the first stop to initiate the issues.....they only follow up on the crimes being committed.

Try MACC.....might have a long queue.

Posted by BobAxelrod > 2023-02-03 09:09 |

Post removed.Why?

Posted by Sslee > 2023-02-03 09:18 | Report Abuse

A-G is directly appointed by the PM and given absolute power under Article 145(3) at his discretion to institute, conduct or discontinue any proceedings for an offence.

SO AG decided to compound SERBA instead of institute prosecution in court of law.

Posted by BobAxelrod > 2023-02-03 09:25 |

Post removed.Why?

Posted by Sslee > 2023-02-03 09:29 | Report Abuse

Dear Sir,

Reference is made to your e-mail on the above matter.

We have escalated the complaint to our line department concerned for their further action. The assessment into the matter you highlighted may take time, depending on the complexity of the issues raised. However, we will undertake the necessary actions to ensure that your complaint is looked into accordingly and will take the necessary enforcement actions if there is any breach of Listing Requirements.


As we do not play the role of ombudsman nor do we conduct arbitration, in the event of conflicts or financial losses, the aggrieved parties need to file the claims through the appropriate legal process in court.


We will also make the necessary referral to other relevant authorities should we come across any potential breaches of other regulations / Acts (other than the Listing Requirements).


Thank you and have a good day.

Bursa 2U
Bursa Malaysia Berhad

Posted by BobAxelrod > 2023-02-03 09:33 |

Post removed.Why?

Posted by BobAxelrod > 2023-02-03 09:34 |

Post removed.Why?

Posted by BobAxelrod > 2023-02-03 10:00 |

Post removed.Why?

Posted by Sslee > 2023-02-03 10:10 | Report Abuse

I am not so smart and bright so may I ask if I am not mistaken there are thounsands of road accidents everyday so whose responsibility to report road accident?

Posted by Sslee > 2023-02-03 10:11 | Report Abuse

Or for that matter call ambulance.

Posted by Sslee > 2023-02-03 10:15 | Report Abuse

By the way previously SC and Bursa do call me for a joint meeting.

Posted by stockraider > 2023-02-03 11:01 | Report Abuse

Yes Hengyuan corporate governance is terrible loh!

Sc should quickly investigate b4 kon mike , kon the naive investors loh!
Posted by Sslee > 1 hour ago | Report Abuse

Please ascertain has the above acts if proven genuine violated the following Malaysia’s Law and actions should be taken by the related authorities:

1. Bursa listing requirement/regulation (Breach of disclosure of information offence)

2. Capital Markets and Services Act 2007 (Breaches of fiduciary duties of directors and accounting fraud)

3. Company Act 2016

4. Anti-Corruption Commission Act 2009

5. Anti-money laundering Act 2020

6. Anti sexual harassment Act 2022

7. Whistleblower Protection Act 2010.

Posted by Sslee > 2023-02-03 11:47 | Report Abuse

Dear Mr. Lee,

Thank you for including MSWG in the loop for your whistleblowing process.

As MSWG is not a Regulator, no investigation or enforcement will be carried out by us. However, we will take note of the highlighted issues and raise the relevant questions at their next AGM.

Thank you.

Regards
Complaint Unit