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

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0


143 people like this.

154,731 comment(s). Last comment by Sanatan 1 month ago

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2019-10-10 10:41 |

Post removed.Why?

polycarp

1,991 posts

Posted by polycarp > 2019-10-10 13:15 | Report Abuse

Dragonslayer Leoleo and Paktua
How are you?

paktua73

18,456 posts

Posted by paktua73 > 2019-10-10 13:22 | Report Abuse

hai polycarp..paktua now still alive..
just promotee boikot foodpanda..

tut tut
still believe

zul

633 posts

Posted by zul > 2019-10-10 15:42 | Report Abuse

countdown 6 trading day sumatec suspend trading emergengy hospital room and out delivery to graves.

Posted by 鹅麟依旧≈ 扫地僧 > 2019-10-10 18:18 | Report Abuse

Long ah..

Your relative earn 60% today

Posted by 鹅麟依旧≈ 扫地僧 > 2019-10-10 22:43 | Report Abuse

Long ah...

0.230 if change ticket then tell your relatives faster runaway..... If no change ticket through the road... Then will trade 20% above NTA

Posted by 鹅麟依旧≈ 扫地僧 > 2019-10-10 23:41 | Report Abuse

Everytime economic turndown CPO will come... May 2021 u will be rewarded....

Durian is amazing but low barrier of entry.... Do u want

Posted by mohdfauzi977 > 2019-10-11 09:21 | Report Abuse

Tumpang tanya. Thheavy ada pape berita ka

Posted by SirLockCro > 2019-10-11 09:42 | Report Abuse

.... Ada... Dengar2 THHEAVY nok buy out sumatec right after lunch Nanti.... Sama2 tunggu

Posted by zenbeginner > 2019-10-11 10:20 | Report Abuse

If terminated, does the bondholders, etc, still get anything?

Posted by zenbeginner > 2019-10-11 11:43 | Report Abuse

so, if they forced liquidation with mell terminating the oil fields, they get nothing as opposed to the RP where they might still get 0.15 out of each RM1.....is that the "gambit" strategy taken to get out of this situation for now?

Alex™

12,593 posts

Posted by Alex™ > 2019-10-11 11:57 | Report Abuse

wah, duit kor, long time no see

maya1301

660 posts

Posted by maya1301 > 2019-10-11 14:19 |

Post removed.Why?

RichEnigma

248 posts

Posted by RichEnigma > 2019-10-11 17:27 | Report Abuse

Dead counter!

maya1301

660 posts

Posted by maya1301 > 2019-10-11 23:53 | Report Abuse

Confirm delisted
HeHeHe

Wil789

174 posts

Posted by Wil789 > 2019-10-12 04:13 |

Post removed.Why?

Wil789

174 posts

Posted by Wil789 > 2019-10-12 04:13 | Report Abuse

NTA 0.12, with strong bal sheet, Sumatrc will shoot up after Devapali

Leoleo

5,508 posts

Posted by Leoleo > 2019-10-12 14:56 | Report Abuse

Dragon tak berhenti henti challenge zul ga
Aiyo aiyo

Posted by bargadcapital > 2019-10-13 14:17 |

Post removed.Why?

Alex™

12,593 posts

Posted by Alex™ > 2019-10-13 19:02 | Report Abuse

Positive a bit... New age philosophy say if u can believe it, then u can see it...

So who's goin to huat with me tmr?

Leoleo

5,508 posts

Posted by Leoleo > 2019-10-13 20:36 | Report Abuse

Yagah

Westeros

834 posts

Posted by Westeros > 2019-10-14 07:30 | Report Abuse

Ya lor

Posted by bargadcapital > 2019-10-14 10:19 |

Post removed.Why?

Posted by shanghai1975 > 2019-10-14 15:33 | Report Abuse

hahaha

maya1301

660 posts

Posted by maya1301 > 2019-10-15 10:06 |

Post removed.Why?

polycarp

1,991 posts

Posted by polycarp > 2019-10-15 10:09 | Report Abuse

Good morning dragonslayer. Any good news?

kenie

761 posts

Posted by kenie > 2019-10-15 10:09 | Report Abuse

Sumatec's PN17 regularisation plan submission deadline extended to Oct 29
KUALA LUMPUR (Oct 1): Practice Note 17 (PN17) company Sumatec Resources Bhd said today Bursa Malaysia granted the oil and gas firm a time extension of six months up to Oct 29, 2019 to submit a regularisation plan to the authorities.
In a bourse filing today, Sumatec said it had on Sept 4 received Bursa's letter on Sumatec's application for the time extension.
"After due consideration of all facts and circumstances of the application, Bursa has decided to grant the company an extension of time of six months up to Oct 29, 2019 to submit a regularisation plan to the regulatory authorities," the group said.
Sumatec had initially announced its PN17 status in April 2018. In a bourse filing on April 30, 2018, Sumatec said it became a PN17 company after its auditors expressed a disclaimer opinion in the company's audited financial statements for financial year ended Dec 31, 2017.

kenie

761 posts

Posted by kenie > 2019-10-15 10:11 | Report Abuse

Bursa Securities shall suspend the trading of the listed securities of SUMATEC on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company's right to appeal against the delisting.

This announcement serves as the monthly announcement required under Paragraph 4.1(c) of PN17 of the Main LR.

This announcement is dated 1 October 2019.

Alex™

12,593 posts

Posted by Alex™ > 2019-10-15 13:15 | Report Abuse

Har... Must suspense ah....sumatek very memorable in my trading career leh..... Pls dont give up!

Alex™

12,593 posts

Posted by Alex™ > 2019-10-15 13:16 | Report Abuse

Har... Must suspense ah....sumatek very memorable in my trading career leh..... Pls dont give up!

Posted by T800Terminator > 2019-10-15 13:40 | Report Abuse

Golden era of Y2013 when Sumatec was trading at 0.45 gone into history forever. Miss that era.

Posted by zenbeginner > 2019-10-15 13:58 | Report Abuse

Waiting for update, anyone has any?....creeping towards 29 Oct now....

336699

130 posts

Posted by 336699 > 2019-10-15 14:37 | Report Abuse

Alex™ Har... Must suspense ah....sumatek very memorable in my trading career leh..... Pls dont give up

Any white knight to the rescue.....

kirawang

240 posts

Posted by kirawang > 2019-10-15 15:12 | Report Abuse

50% up wow! kikikikikih

AppleKA

17 posts

Posted by AppleKA > 2019-10-15 22:15 | Report Abuse

Where is Paktua??
Can share some direction ahhh..
I'm locked at high price..

Banditos

698 posts

Posted by Banditos > 2019-10-15 22:45 | Report Abuse

paktua suicide bomber ramai punya.. this one sumatec if loss kacang putih for him.

Westeros

834 posts

Posted by Westeros > 2019-10-15 23:58 | Report Abuse

Appleka what price you bought?

cashflow

3,642 posts

Posted by cashflow > 2019-10-16 01:09 | Report Abuse

Any news from the court ruling?

Alex™

12,593 posts

Posted by Alex™ > 2019-10-16 08:48 | Report Abuse

Ah pek already win alot. Normal trader got cutlost limit, so even this counter gg, ah pek still no prob.

It took me several hard lessons to know the importance of protect your downside.

nickfcng

143 posts

Posted by nickfcng > 2019-10-16 11:18 | Report Abuse

When will Sumatec going to be delisted? What is your recommendation? Sell or what?

zul

633 posts

Posted by zul > 2019-10-16 11:48 | Report Abuse

dragonslayer countdown !
berapa hari lagi suspend trading sumatec
Halim simahyang bursa kuat kuat tak mau kasi masok keranda

zul

633 posts

Posted by zul > 2019-10-16 11:50 | Report Abuse

Leoleo Halim simahyang rabu khamis jumaat harap bursa boleh tolong tolong

zul

633 posts

Posted by zul > 2019-10-16 11:54 | Report Abuse

alamak paktua pecaya bomoh ibrahim..ini hari ibrahim cakap dia ada kuasa ajaib masih boleh tahan sampai jumaat ......tak payah jumaat saja

kenie

761 posts

Posted by kenie > 2019-10-16 14:46 | Report Abuse

20 Jul 2016 SUMATEC HALIM BIN SAAD ( 849,756,000 shares 21.9790 %)

26 Oct 2016 DEFAULT IN PAYMENT
30 Nov 2016
30 Dec 2016
26 Jan 2017
28 Feb 2017
17 Mar 2017

26 May 2016- HIGH COURT OF MALAYA KUALA LUMPUR SUIT NO. WA-28NCC-427-05-2016
NFC LABUAN SHIPLEASING I LTD VS PLANTIFF
SUMATEC RESOURCES BERHAD DEFENDANTS

8 Apr 2017 HALIM BIN SAAD Disposed 14,200,000
18 Apr 2017 HALIM BIN SAAD Disposed 9,570,000
13 Apr 2017 HALIM BIN SAAD Disposed 6,076,200
12 Apr 2017 HALIM BIN SAAD Disposed 3,000,000
11 Apr 2017 HALIM BIN SAAD Disposed 25,500,000
7 Apr 2017 HALIM BIN SAAD Disposed 10,000,000
7 Apr 2017 HALIM BIN SAAD Disposed 22,500,000
9 Jan 2017 HALIM BIN SAAD Disposed 6,000,000
9 Jan 2017 HALIM BIN SAAD Disposed 8,000,000
6 Dec 2016 HALIM BIN SAAD Disposed 19,000,000
2 Dec 2016 HALIM BIN SAAD Disposed 77,731,000

kenie

761 posts

Posted by kenie > 2019-10-16 14:47 | Report Abuse

28 Apr 2017-HIGH COURT MALAYA KUALA LUMPUR SUIT NO. WA-22NCC-52-02/2017 MALAYSIAN TRUSTEES BERHAD, KERISMA BERHAD, CAPONE BERHAD AND PRIMA UNO BERHAD (COLLECTIVELY REFERRED AS THE PLAINTIFFS) VS SUMATEC RESOURCES BERHAD (DEFENDANT)

24 Jan 2018-EBONY RITZ SDN BHD ("The PLAINTIFF") VS SUMATEC RESOURCES BERHAD (THE DEFENDANT")

30 Jan 2018- IN THE HIGH COURT OF MALAYA IN KUALA LUMPUR (BAHAGIAN DAGANG) SUIT NO. WA-22NCC-382-08/2017 MALAYSIAN BANKING BERHAD (PLAINTIFF) VS SUMATEC RESOURCES BERHAD (DEFENDANT)

29 Jan 2018 HALIM BIN SAAD Disposed 127,000,000

30 Jan 2018- IN THE HIGH COURT OF MALAYA IN KUALA LUMPUR (BAHAGIAN DAGANG) SUIT NO. WA-22NCC-382-08/2017 MALAYSIAN BANKING BERHAD (PLAINTIFF) VS SUMATEC RESOURCES BERHAD (DEFENDANT)

26 Feb 2018-SINGAPORE HIGH COURT SUIT NO. 808 OF 2017 HOE LEONG CORPORATION LTD VS SUMATEC RESOURCES BERHAD AND CHAN YOK PENG

kenie

761 posts

Posted by kenie > 2019-10-16 14:48 | Report Abuse

30 Apr 2018-DISCLAIMER OF OPINION IN EXTERNAL AUDITORS' REPORT ON AUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017

02 May 2018 SUMATEC RESOURCES BERHAD - NEW ADMISSION INTO PN17

12 Jun 2018- Continental Industrial Supplies and Services Ltd LLP (the Claimant) vs. Sumatec Resources Berhad ( Respondent) LCIA Arbitration No. UN163528

6 Aug 2018 HALIM BIN SAAD Disposed 66,000,000

Sep 2018- BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS SUMATEC RESOURCES BERHAD FOR BREACH OF THE MAIN MARKET LISTING REQUIREMENTS

29 Oct 2018 - In the Session Court at Kuala Lumpur Kerajaan Malaysia (Plaintiff) VS Sumatec Resources Berhad Writ No. WA-B51NCvC-71-10/2018

24 Jan 2019 HALIM BIN SAAD Disposed 197,298,800
23 Jan 2019 HALIM BIN SAAD Disposed 62,748,000
21 Dec 2018 HALIM BIN SAAD Disposed 54,390,000
12 Dec 2018 HALIM BIN SAAD Disposed 25,000,000

30 Apr 2019- ADVERSE OPINION IN EXTERNAL AUDITORS' REPORT ON AUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018

kenie

761 posts

Posted by kenie > 2019-10-16 14:57 | Report Abuse

30 Sep 2019- Acceptance of notice on suspension of gas processing activities under GDPA from Markmore Energy Labuan Limited

01 Oct 2019 - Managing Director ABU TALIB BIN ABDUL RAHMAN Resign
Working experience and occupation
1979 - 1980 : Served as legal officer of Bank Pertanian Malaysia
1980 - 1981 : Manager of Asia vest-Merchant Bankers Berhad
1981 - 1986 : Accountant in Bank Bumiputera Malaysia Berhad
1986 - 1991 : Served as partner of two legal firms
1991 - present : Managing and founding partners of Abu Talib Shahrom (a legal firm)
Any conflict of interests
He is the vendor and has 51% control in Borneo Energy Oil and Gas Limited.
He is also the partner to Abu Talib Shahrom, the advocates and solicitors to Sumatec Resources Berhad.
He is the sole director of Markmore Central Asia BV (Netherlands) that owns CaspiOilGas LLP in Kazakhstan.

HALIM BIN SAAD below 5% controlling substantial holder % holding(121,117,000 shares 2.85 %)

Sumatec's PN17 regularisation plan submission deadline extended to Oct 29
KUALA LUMPUR (Oct 1): Practice Note 17 (PN17) company Sumatec Resources Bhd said today Bursa Malaysia granted the oil and gas firm a time extension of six months up to Oct 29, 2019 to submit a regularisation plan to the authorities.
In a bourse filing today, Sumatec said it had on Sept 4 received Bursa's letter on Sumatec's application for the time extension.
"After due consideration of all facts and circumstances of the application, Bursa has decided to grant the company an extension of time of six months up to Oct 29, 2019 to submit a regularisation plan to the regulatory authorities," the group said.
Sumatec had initially announced its PN17 status in April 2018. In a bourse filing on April 30, 2018, Sumatec said it became a PN17 company after its auditors expressed a disclaimer opinion in the company's audited financial statements for financial year ended Dec 31, 2017.

7 October 2019.
The Board of Directors of Sumatec wishes to announce that Sumatec Oil And Gas LLP (“SOG”), a wholly-owned subsidiary of Sumatec, had on 7 October 2019 received a notice from CaspiOilGas LLP (“COG”) terminating the JIA and Novation Agreement effective 17 October 2019 (“Termination Notice”).

kenie

761 posts

Posted by kenie > 2019-10-16 14:58 | Report Abuse

2016-2019 government,supplies,company,bank and creditor all sued sumatec in courts.Sumatec no ability to settle the big financial problem !

kenie

761 posts

Posted by kenie > 2019-10-16 15:00 | Report Abuse

The aforesaid extension of time is without prejudice to Bursa Securities right to proceed to suspend the trading of the listed securities of SUMATEC and to de-list the Company in the event:

the Company fails to submit a regularisation plan to the regulatory authorities on or before 29 October 2019;
the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; or
the Company fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.
Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of SUMATEC on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting.

Posted by SirLockCro > 2019-10-16 15:08 | Report Abuse

.... Plz. Feed us with the latest news... Not nasik basi laaa.... Ha.. Haa.. Haa

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