In latest Bursa announcement, it is rm9 million, court order was granted to a Nippon Oxygen to collect from Kinsteel. Winding order is issued to Kinsteel to pay in 21 days or face winding up!! Click to Kinsteel to see this.
Yes, cannot pay rm9million. Pheng Chin Guan and Pheng Yin Wah are supporting it's share price now because last Friday they bought up kinstel shares- related party transaction ma. Plus past 3 months they accumulated rm20-30million kinstel shares, then used rm10million to push up 40%. Now waiting for retail investors to buy at 23 cents to 28 cents. So whoever wants to donate rm10million to Pheng Chin Guan and Pheng Yin Wah please chase up kinstel, they need that to bayar hutang. Play shares to bayar hutang. Normal la
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bjaya
269 posts
Posted by bjaya > 2014-08-01 21:51 | Report Abuse
Trying to catch some fools ( or rather the uninformed)