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

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-12-29 12:21 | Report Abuse

Nia ma g h...itu pisang king all this while tanam pisang dekat Kazakhstan la..klu bukan. Apasal production zero tong ? Rev zero ini ..

DreamMaster

1,157 posts

Posted by DreamMaster > 2018-12-29 13:07 |

Post removed.Why?

DreamMaster

1,157 posts

Posted by DreamMaster > 2018-12-29 13:09 | Report Abuse

nia mah

ANALyst

2,808 posts

Posted by ANALyst > 2018-12-29 13:18 | Report Abuse

close shop in 2019

DreamMaster

1,157 posts

Posted by DreamMaster > 2018-12-29 13:40 |

Post removed.Why?

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-29 13:55 | Report Abuse

yah tiam tiam lah

DreamMaster

1,157 posts

Posted by DreamMaster > 2018-12-29 14:48 |

Post removed.Why?

DreamMaster

1,157 posts

Posted by DreamMaster > 2018-12-29 15:40 | Report Abuse

diu nia sing

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-29 20:59 | Report Abuse

yah niat engson mata aji semar ngesing lah

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-29 20:59 | Report Abuse

wes pulak kue rampung ngising semar tilem lah pulak

newbie5354_

1,279 posts

Posted by newbie5354_ > 2018-12-29 21:38 | Report Abuse

Who managed to buy at 0.5 sen consider sifus is it?

DreamPredator

1,507 posts

Posted by DreamPredator > 2018-12-30 04:36 | Report Abuse

yah gah

king36

1,022 posts

Posted by king36 > 2018-12-30 11:02 | Report Abuse

dragonslayer

This stk should be suspended and the CEO pay should be suspended too! Imagine draw $1 M and Revenue = 0!!!!
What a joke!
Must be a con job.

I remember some time ago some Chinese guy invested $20M(?) into this stk. Should find this guy out and ask him to take over.
Obviously, the present CEO is good-for-nothing rent seeker - just running the company into deeper depth and to bankruptcy. There is just NO HOPE to revive this company. The sooner u get rid of them the better.

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-30 11:47 | Report Abuse

yah gah gih gih gah

DreamPredator

1,507 posts

Posted by DreamPredator > 2018-12-30 15:12 | Report Abuse

yah gah

DreamPredator

1,507 posts

Posted by DreamPredator > 2018-12-30 15:12 | Report Abuse

nia mah

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-12-31 16:04 | Report Abuse

wishing you all happy new year...semoga sumatec lapat 7500 tong.

semua ala fatt kat reban ini di 2019

aiyoyoyo

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-12-31 16:05 | Report Abuse

7500 tong minyak ah....bukan 7500 tong pisang....

MamakKutty

287 posts

Posted by MamakKutty > 2018-12-31 17:55 | Report Abuse

ala pisang pun boleh jual, but ZERO revenue???

Bcyh99

37 posts

Posted by Bcyh99 > 2018-12-31 20:18 | Report Abuse

Happy New year

Crasd123

729 posts

Posted by Crasd123 > 2018-12-31 21:02 | Report Abuse

Keep0.01, future rm5 , after 9999years, Sumater rm5

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-31 21:25 | Report Abuse

yah gah new year lah aparagah

moneypedia

5,987 posts

Posted by moneypedia > 2018-12-31 21:26 | Report Abuse

podacit

Tongkarat

7,588 posts

Posted by Tongkarat > 2018-12-31 22:53 | Report Abuse

Bye bye 2018....welcome 2019.... Tong karat lobang lobang remains lobang lobang....karat berkecai....aiyoyo

Posted by derrickinvestor > 2019-01-01 01:45 | Report Abuse

Dreampredator wat happen to your buddy halim saad....? He fucked our money kaw kaw? Wb also become hell money that already burn

YgAriff

108 posts

Posted by YgAriff > 2019-01-01 02:56 | Report Abuse

Renong was bail out by the government back then. Written in news konon will be top oil producer etc., must vote againts them in paying board of directors?

Posted by DreamConqueror > 2019-01-01 03:16 |

Post removed.Why?

Posted by DreamConqueror > 2019-01-01 03:20 | Report Abuse

Sutah manyiak lewat balu lu appear & masuk lor, Ah Lik. Klu lu awai2 sutah masuk, lu sutah untung manyiak lor.

Alex™

12,593 posts

Posted by Alex™ > 2019-01-01 07:24 | Report Abuse

Who's going to huat with me today?

Jaden

5,915 posts

Posted by Jaden > 2019-01-02 08:05 | Report Abuse

Buy lo.. dis the best chance

Jaden

5,915 posts

Posted by Jaden > 2019-01-02 08:08 | Report Abuse

Happy New Year 2019..

BN_better

991 posts

Posted by BN_better > 2019-01-02 10:15 | Report Abuse

2019 1st day HS again selling?

BN_better

991 posts

Posted by BN_better > 2019-01-02 10:17 | Report Abuse

ds now you know why BN can rule so long? PH don't know what is stock market haha.

BN_better

991 posts

Posted by BN_better > 2019-01-02 10:22 | Report Abuse

Why PH no runtuh?

Posted by terminator88 > 2019-01-02 11:01 | Report Abuse

THOSE STILL HOLD AT 1 CENT, PLS SELL LAH, DONT PROLONG YOUR SUFFERING, GIVE UP!

Posted by terminator88 > 2019-01-02 11:02 | Report Abuse

YOU ARE JUST DENYING THE REALITY. THE COMPANY WILL NOT REVIVE ANYMORE. IT WILL BE BANKRUPT SOON!

Posted by terminator88 > 2019-01-02 11:15 | Report Abuse

i think they only have 0 oil tong. cos this whole thing is a scam!

Posted by terminator88 > 2019-01-02 11:15 | Report Abuse

if got 7500, why is this stock like shit?

Posted by terminator88 > 2019-01-02 11:30 | Report Abuse

now is 1 cent. so do you expect go back 40 cents? 4000% return? my foot!! everyone pls sell off, dont deny the inevitable fact that this company is going bankrupt!

Tongkarat

7,588 posts

Posted by Tongkarat > 2019-01-02 11:49 | Report Abuse

Aiyooooooo......aiyoyo

hollandking

3,694 posts

Posted by hollandking > 2019-01-02 11:50 | Report Abuse

who bought at .015?

Crasd123

729 posts

Posted by Crasd123 > 2019-01-02 12:08 | Report Abuse

Stupid question.. Boss Sima, Halim Saad push it up

Alex™

12,593 posts

Posted by Alex™ > 2019-01-02 12:41 | Report Abuse

Hehe... Easy huat

cashflow

3,642 posts

Posted by cashflow > 2019-01-02 14:16 | Report Abuse

If HS let this ship down, it’s a disgrace to his reputation and legacy. Best he come up with a proper plan rejuvenating this Company and his shareholders. Such a shame to pronounce his entrepreneurship in this Syariah stock while doing a con job behind the scene (if proven so).

kenie

761 posts

Posted by kenie > 2019-01-02 15:24 | 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 > 2019-01-02 15:24 | Report Abuse

12 Dec 2018 HALIM BIN SAAD Disposed 25,000,000
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 > 2019-01-02 15:25 | Report Abuse

SUMATEC halim saad Disposed 54,390,000 ( 394,788,800 9.2830 %)
halim saad selling....want ...

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2019-01-02 15:34 | Report Abuse

Ada siapa sini dulu Sumatec 20 sen beli sekarang 1.5 sen sell ? Ada ? Gila. Dirt cheap. Lelong price.

Buy1sell2

2,345 posts

Posted by Buy1sell2 > 2019-01-02 15:35 | Report Abuse

Tak apalah... nanti naik balik 20 sen...tapi kena sabar tunggu. Sabar lah.

Jaden

5,915 posts

Posted by Jaden > 2019-01-02 16:40 | Report Abuse

So cheap don't want buy.. miss the boat baru tahu

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