SUMATEC RESOURCES BHD

KLSE (MYR): SUMATEC (1201)

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Last Price

0.005

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


143 people like this.

154,731 comment(s). Last comment by Sanatan 2 months ago

Darth

7,496 posts

Posted by Darth > 2018-12-06 21:48 | Report Abuse

Guys. Take a break.

Posted by Elitetrader > 2018-12-06 22:05 | Report Abuse

Wow Darth still very much thinking of HS.

Darth

7,496 posts

Posted by Darth > 2018-12-06 22:09 | Report Abuse

I'll do my best to expose.

Darth

7,496 posts

Posted by Darth > 2018-12-06 22:11 | Report Abuse

I don't want anymore Retailers buying counters like this m

Tongkarat

7,588 posts

Posted by Tongkarat > 2018-12-06 22:58 | Report Abuse

Aiyoyo...

Darth

7,496 posts

Posted by Darth > 2018-12-06 23:04 | Report Abuse

Sometimes we need to fall down smacking our heads to learn lessons.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2018-12-06 23:21 | Report Abuse

dead... lost underwear.

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-06 23:38 | Report Abuse

apa sula banckrup ka ini timpat....aiyooyo lama tatak tingok

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-06 23:39 | Report Abuse

dragon fluit kasi satu kati kalu.....

Tongkarat

7,588 posts

Posted by Tongkarat > 2018-12-07 07:45 | Report Abuse

Aiyooooooooooooooooooooooo...

Tongkarat

7,588 posts

Posted by Tongkarat > 2018-12-07 16:03 | Report Abuse

Left with karat only....

Posted by Elitetrader > 2018-12-07 21:13 | Report Abuse

Traffic jam

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-07 22:27 | Report Abuse

aiyooo tongkarat itu pakatan sula kencing, lain ckp lain buat,sula kena kencing simua kikikiki.....

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2018-12-07 23:48 | Report Abuse

yah gah

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2018-12-07 23:51 |

Post removed.Why?

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2018-12-07 23:52 |

Post removed.Why?

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2018-12-07 23:52 |

Post removed.Why?

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2018-12-07 23:53 |

Post removed.Why?

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2018-12-07 23:53 |

Post removed.Why?

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2018-12-07 23:54 |

Post removed.Why?

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2018-12-07 23:54 |

Post removed.Why?

DreamSorcerer

1,140 posts

Posted by DreamSorcerer > 2018-12-07 23:54 |

Post removed.Why?

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-12-08 10:31 | Report Abuse

Buy1sell2 also cut lost . Cut kuku ah

..aiyooo sakit...
Buy1sell2 dead... lost underwear.
06/12/201

Darth

7,496 posts

Posted by Darth > 2018-12-08 23:03 | Report Abuse

If at all Sumatec close shop in 5 months time. This has to go down in Bursa Malaysia's history on how a counter can be manipulated for one's or a few associated for own benefits swindling the rest.

Darth

7,496 posts

Posted by Darth > 2018-12-08 23:11 | Report Abuse

If HS is not coming forward to explain on what's happening with Sumatec than what the rest of the BOD keeping quiet for?

Darth

7,496 posts

Posted by Darth > 2018-12-08 23:13 | Report Abuse

So. Kalau kira-kira, all of them are involved in this swindling program.

Darth

7,496 posts

Posted by Darth > 2018-12-08 23:15 | Report Abuse

Aiyayooo!

Posted by DreamGladiator > 2018-12-08 23:19 | Report Abuse

yah gah

Darth

7,496 posts

Posted by Darth > 2018-12-08 23:19 | Report Abuse

The other only stupid thing can happen is for these idiots to push the price down than suddenly come out of PN17 push the price up for others to chase the next morning.
Old trick.

Posted by DreamGladiator > 2018-12-08 23:20 | Report Abuse

yah gah

Darth

7,496 posts

Posted by Darth > 2018-12-08 23:23 | Report Abuse

Ya Loh. Anything is possible.

Darth

7,496 posts

Posted by Darth > 2018-12-08 23:27 | Report Abuse

End of the day Retailers got cheated.
That's the sad story.

Alex™

12,593 posts

Posted by Alex™ > 2018-12-08 23:46 | Report Abuse

2sen rock solid confirm sure!

Posted by DreamGladiator > 2018-12-08 23:53 | Report Abuse

yah gah

Darth

7,496 posts

Posted by Darth > 2018-12-08 23:56 | Report Abuse

Yes. Maybe 2 cent is rock solid.
Why waste time winning this game who's right?

Darth

7,496 posts

Posted by Darth > 2018-12-08 23:58 | Report Abuse

This company now its about gambling.

Darth

7,496 posts

Posted by Darth > 2018-12-09 00:02 | Report Abuse

No one over here will be able to predict.

Posted by DreamGladiator > 2018-12-09 00:08 | Report Abuse

yah gah

BN_better

991 posts

Posted by BN_better > 2018-12-09 00:19 | Report Abuse

Last time 2.5, 3 sen also rock solid what happen? Blame PH?

Posted by DreamGladiator > 2018-12-09 00:19 | Report Abuse

yah gah

Darth_

96 posts

Posted by Darth_ > 2018-12-09 00:21 | Report Abuse

When can find oil? Why latest QR doesn't seem to show?

Posted by DreamGladiator > 2018-12-09 00:23 | Report Abuse

yah gah

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-09 00:59 | Report Abuse

pakatan hancing reflecting on sumatec....hancing sehancing hancingnya.....kuang kuang kuang....(.....mayday....mayday....madey...nobita....lolemon... kula....moorthy jahanam putar alam tagteam

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-10 11:07 | Report Abuse

kidai kopi sembang pinya timpat okla cni...

cashflow

3,642 posts

Posted by cashflow > 2018-12-10 11:27 | Report Abuse

Finally 1.5 cents bled off

kenie

761 posts

Posted by kenie > 2018-12-10 11:29 | Report Abuse

Sumatec lodges police report against former director
KAZAKHSTAN / 22 NOV 2018
PETALING JAYA: Sumatec Resources Bhd has lodged a police report against one of its former directors for possible breach of trust and committing offences under the Company Act 2016 by conducting certain transactions without the approval of the board of directors .
The group told the stock exchange that Independent Director and Chairman of the Audit Committee of the Board, Datuk Khalid Ahmad had on November 20 lodged the report with the Commercial Crime Department.
The decision to lodge the police report was made in accordance with the advice and order of the Board of Directors with the recommendation from the managing director to safeguard the interests of the company, the shareholders, other stakeholders and the public.
The director who was a board member of the company from 2003 to 2017 was also a director and shareholder of Tekad Mulia Sdn Bhd during the period in which the alleged act being committed.
“The director, in acting without board authority, was acting in conflict of interest in relation to the transactions involving the divestment of Semua International Sdn Bhd (SISB) and Collateralized Loan Obligation (CLO) Debt settlement (since he was also a Director and shareholder of Tekad Mulia Sdn Bhd), a substantial shareholder of the Company during the period in which the alleged act being committed. The Director has made certain undertaking to the Purchaser and Trustee, Malaysian Trustee Bhd and Bondholders in the Settlement Agreement 2013,” said Sumatec board of directors in the filing.
Checks with Companies Commission of Malaysia (SSM’s) records list former director Chan Yok Peng as a director and shareholder in Tekad Mulia.
The former director also allegedly placed the company’s seal on an agreement without the resolution of the board for a settlement agreement for a CLO Debt for the company’s previous subsidiary SISB. This resulted in Sumatec acknowledging the undertaking to settle around RM80 million, even though the liability has been waived.
He was also found to have been allegedly negligent in handling his duties in relation to the financing of vessels under the Company’s subsidiaries, SISB and Semado Shipping Sdn Bhd, by failing to ensure the takeover of the Sumatec’s guarantees to Bank Pembangunan Malaysia Bhd and Malayan Banking Bhd to Hoe Leong Corp Ltd , a company incorporated and listed on the Singapore Stock Exchange.
As well as failed to procure the guarantee and to replace the company’s guarantee from the controlling shareholder of SISB, Hoe Leong Corporation Bhd as stipulated in the Settlement Agreement 2013 and the company’s Circular to Shareholders dated May 30 2013, which has caused the company to be summoned and face winding-up proceeding for liabilities estimated at about RM350 million.
The director had allegedly acted alone and without the permission of the board of directors in signing the Parental Company Guarantee Agreement” dated May 2, 2016 to the Continental Industrial Supply And Services Limited Liability Company Partnership (CISS.)
This was to secure the payment of the Kazakhstan based oil and gas company, CaspiOil Gas LLP (COG) contract, which resulted in the company paying for arbitration proceedings of about US$6 million.

kenie

761 posts

Posted by kenie > 2018-12-10 11:30 | Report Abuse

6 Aug 2018 SUMATEC HALIM BIN SAAD Disposed 66,000,000
29 Jan 2018 SUMATEC HALIM BIN SAAD Disposed 127,000,000
18 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 14,200,000
18 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 9,570,000
13 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 6,076,200
12 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 3,000,000
11 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 25,500,000
7 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 10,000,000
7 Apr 2017 SUMATEC HALIM BIN SAAD Disposed 22,500,000
9 Jan 2017 SUMATEC HALIM BIN SAAD Disposed 6,000,000
9 Jan 2017 SUMATEC HALIM BIN SAAD Disposed 8,000,000
6 Dec 2016 SUMATEC HALIM BIN SAAD Disposed 19,000,000
6 Dec 2016 SUMATEC CHAN YOK PENG Disposed 36,799,000
2 Dec 2016 SUMATEC HALIM BIN SAAD Disposed 77,731,000
20 Jul 2016 SUMATEC HALIM BIN SAAD Disposed 46,000,000

kenie

761 posts

Posted by kenie > 2018-12-10 11:30 | Report Abuse

SUMATEC halim saad Disposed 66,000,000 ( 474,178,800 shares 11.1500 %)
halim saad selling....want ...

Darth

7,496 posts

Posted by Darth > 2018-12-10 14:48 | Report Abuse

Last HS disposed was in Aug.
Old story.
What's happening with Sumatec today, no one knows.
What is HS up to with the balance share having in his hands @ 0.015-0.02?
Only he knows!

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