MULTI SPORTS HOLDINGS LTD

KLSE (MYR): MSPORTS (5150)

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9 people like this.

3,700 comment(s). Last comment by moornaga 2021-05-28 17:38

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-07-10 11:41 | Report Abuse

do you understand or not?....delisting but without jail terms is exactly what the Chinamen wants and have planned for.






ed by smalltimer > Jul 9, 2017 09:57 PM | Report Abuse

"Moving from the macro to the micro, Bursa’s show-cause letter issued to China-based Multi Sports Holdings Ltd on its potential delisting might, going forward, prove to be an effective lightning rod in terms of how the front-line regulator deals with errant counters who consistently and stubbornly miss deadlines for the submission of its financial statements.

As it is, Multi Sports has already failed to issue its financial statements since at least 2015, which has continued on to a couple more quarters in fiscal 2016.

The point at which delisting looms for such omissions is well-documented in the Listing Rules, but the actual act of pulling the trigger has always been a difficult one. With Bursa now telling the company, ‘no further extension of time is granted’, the ball is firmly in Multi-Sports’ court."

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-07-10 11:42 | Report Abuse

for as long as there are no jail terms........

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-07-10 13:49 | Report Abuse

after delisting, your value becomes zero

But Chinamen will asset strip it and then all the assets becomes his and only his alone.

newbie4444

1,261 posts

Posted by newbie4444 > 2017-07-10 14:20 | Report Abuse

Here M'sia never appreciate China counters. Better relist elsewhere eg HK or even China to fetch higher price. Even Taiwanese appreciate Msports more.

newbie4444

1,261 posts

Posted by newbie4444 > 2017-07-10 14:21 | Report Abuse

Msports is different from Xinquan and others. No 1 shareholder is Paramjit Singh not China man.

Posted by stockmanmy > Jul 10, 2017 01:49 PM | Report Abuse
after delisting, your value becomes zero

But Chinamen will asset strip it and then all the assets becomes his and only his alone.

Chinaboleh

687 posts

Posted by Chinaboleh > 2017-07-10 21:18 | Report Abuse

Ex-executive directors of Axis jailed for furnishing false statements
http://www.theedgemarkets.com/article/exexecutive-directors-axis-jailed-furnishing-false-statements

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-07-13 13:05 | Report Abuse

Resignation of Independent Director Mr. MR KASINATHAN A/L TULASI
http://www.malaysiastock.biz/Company-Announcement.aspx?id=986206

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-07-13 17:33 | Report Abuse

SC brought in the fujian syndicate to listed in Bursa,
never check & verify properly the fake account book is real or not!
collected huge fund via IPO from our hard earn monies.
SC now want to wash hand cleanly by delisted them?

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-07-13 17:33 | Report Abuse

stupid sc

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-07-13 17:37 | Report Abuse

SC & Bursa are the CULPRIT!!!!!!!!!!!!!!

AyamGoreng

273 posts

Posted by AyamGoreng > 2017-07-14 16:31 | Report Abuse

kikikiki..... orang cina fujian manyat pandai, selepas ambil duit sekarang tunggu delist

sengkee

2,060 posts

Posted by sengkee > 2017-07-14 21:17 | Report Abuse

Did they reply the show cause letter by 10 July 2017? So far no announcement.

Delist and all shareholders will lose their hard earned money. Minority always become the victims. Please amend these outdated/irrelavant laws especially against those red chips counters. We want to see stricter enforcement of laws against. Remember, for minority shareholders, their main concern is to get back their money. A chance to sell their shares and get back their money!

aam1932

34 posts

Posted by aam1932 > 2017-07-15 11:37 | Report Abuse

just simple like that ka? no need submit annual report and after that delist. after that they enjoy with the fund given to them. what la like this

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-07-15 11:49 | Report Abuse

that is right....maintaining listing has no advantage for China man.

alenac

2,618 posts

Posted by alenac > 2017-07-15 12:00 | Report Abuse

Being warning investors of China stocks for a very long time. Millions are lost by stock holders cos most of then are operating thru "deception" disclosure. Commonsence investment would have save lots of people here. but as usual greed overcome decision to buy such stocks.

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-07-18 12:50 | Report Abuse

2013 old video- 晋江百兴鞋材有限公司
https://v.qq.com/x/page/c01221048xk.html

687423

627 posts

Posted by 687423 > 2017-07-22 12:50 | Report Abuse

Warned the danger but many won't listen,

coolchef

115 posts

Posted by coolchef > 2017-07-24 01:35 | Report Abuse

whta lar!!.......even reported good weather,fishermen gone out sea got danger?........they are peoples even sleeping never wake up again,....dont TKC only, get the authority to just get those con man punished!!!

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-07-24 01:54 |

Post removed.Why?

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-07-24 13:24 | Report Abuse

687423,
why you don't tell us before the IPO?

aam1932

34 posts

Posted by aam1932 > 2017-07-24 23:32 | Report Abuse

687423, WHY DONT TELL US BEFORE COMPANY SETUP HEEE

coolchef

115 posts

Posted by coolchef > 2017-07-25 17:08 | Report Abuse

that 687423,stupid fella with wasting investment and accounting skills still holding many stocks like mas,haha

speakup

25,147 posts

Posted by speakup > 2017-07-26 09:46 | Report Abuse

first there is china stocks con malaysians
now there is korean stock (lctitan) con malaysians.

KL Boy

998 posts

Posted by KL Boy > 2017-07-28 16:57 | Report Abuse

YAHOO..... WE STILL GOT HOPE. MSPORTS NOT DEAD YET.......WITHIN 1ST JUNE 2017 TO NOW 27TH JULY 2017, MSPORTS MADE 10 ANNOUCEMENTS....CHANGING FROM OLD BOD TO NEW BOD......YAHOO....THAT MEANS MSPORTS STILL ALIVE AND KICKING......OUR MALAYSIAN TEAM TOOK OVER EVERYTHING AWAY FROM THE CHINA CONMAN TEAM.

KL Boy

998 posts

Posted by KL Boy > 2017-07-28 16:59 | Report Abuse

SYABAS AND KUDOS TO DATO PARAMJIT SINGH GILL'S INITIATIVE AND HIS HELP. THANK YOU ALL.

coolchef

115 posts

Posted by coolchef > 2017-07-28 18:21 | Report Abuse

YeSSSS!!!....our Malayian Tigers efforts are well commended with appreciations.

China OBOR and Jack Ma cant be affected by these linkoon n pet crooks!!!....After arsenics trace and get back those treasures until the crooks dry n in jail!!!

coolchef

115 posts

Posted by coolchef > 2017-07-28 18:25 | Report Abuse

Beruang tulin.and apek CockKing keep on dulan with your idiots sing cocks ,while having red eyes with thumpingchest in grape yard over weekend.HAAAHAAAAA!!!

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-08-02 18:24 | Report Abuse

SC never check this company properly before the company is set.
so many debtors went to the court to sue him now.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5503373

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-08-02 18:26 | Report Abuse

this company going to bankrupt very soon

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-08-02 18:27 | Report Abuse

where were the CASH in bank account now?

coolchef

115 posts

Posted by coolchef > 2017-08-02 21:31 | Report Abuse

The lin koon n both c-pets are crooks,go to the roots and send them to firing squad,whatever left must dig to the bottom, manipulated sunken ship must be rescued.

ameimari

12 posts

Posted by ameimari > 2017-08-03 12:52 | Report Abuse

最可怜的是这些马來西亞(5150.KL) 与台湾(911626.TW)散户投资者,福建的骗子把他们的血汗錢当成自己的支付债务筹资还全然不知!

Posted by Undilah_DAP > 2017-08-03 12:57 | Report Abuse

GE 14 coming. Vote DAP settle.

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-08-14 12:23 | Report Abuse

Change in Audit Committee
http://www.malaysiastock.biz/Company-Announcement.aspx?id=992581

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-08-24 12:09 | Report Abuse

Multi Sports Holdings Ltd (911626) Is Yet to See Trading Action on Aug 24
https://www.whatsonthorold.com/2017/08/24/multi-sports-holdings-ltd-911626-is-yet-to-see-trading-action-on-aug-24/

sengkee

2,060 posts

Posted by sengkee > 2017-08-30 18:41 | Report Abuse

When will it back for trading? Suspended for so long already

PureBear

249 posts

Posted by PureBear > 2017-08-31 10:57 | Report Abuse

¯\_(ツ)_/¯

coolchef

115 posts

Posted by coolchef > 2017-09-05 10:00 | Report Abuse

beruang tulin and stupid apek KS65,how is holidaying in grapeyard,grape are going green but sweet too~~

sengkee

2,060 posts

Posted by sengkee > 2017-09-05 10:12 | Report Abuse

Red chips mania. Faster open for trading

PureBear

249 posts

Posted by PureBear > 2017-09-05 11:04 | Report Abuse

3 deadlines for 3 conditions to be met to defer de-listing:

11 September 2017: condition (1)(a)
9 October 2017: condition (1)(b)
28 February 2018: condition (1)(c)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5534317

... after due consideration of all facts and circumstances of the matter including the oral presentation of the Company at the Listing Committee (“LC”) meeting held on 17 August 2017, the LC has decided:-

(1) To defer the de-listing of MSPORTS subject to the following:-

(a) the Company provides to Bursa Securities the duly executed RT LLP’s letter dated 21 June 2017 as evidence of the Company agreeing to the terms of the addendum within 2 weeks from the date hereof i.e. on or before 11 September 2017;

(b) the Company issues the annual report for the financial year ended 31 December 2015 (“the AR 2015”) within 6 weeks from the date hereof i.e. on or before 9 October 2017; and

(c) the Company announces / issues all the outstanding financial statements as at to-date (other than the AR 2015) within 6 months from the date hereof i.e. on or before 28 February 2018.

(2) To de-list MSPORTS pursuant to Paragraph 9.28 and 16.11(1)(b) of the Main LR in the event the Company fails to comply with any of the conditions set out at paragraphs (1)(a) to (c) above. In this respect, the securities of the Company shall be removed from the Official List of Bursa Securities upon the expiry of 2 market days from the date the Company is notified by Bursa Securities or on such date as may be specified by Bursa Securities.

Chinaboleh

687 posts

Posted by Chinaboleh > 2017-09-05 16:32 | Report Abuse

Paramjit Singh, Lin Huozhi are you both aware lately market has turned bullish on China counters eg Huaan, CSL, etc? No reason must suspend Msports so long as short sellers has gone away.

hamitouzhi

517 posts

Posted by hamitouzhi > 2017-09-07 12:21 | Report Abuse

still got little changes to listing back?
http://www.malaysiastock.biz/Company-Announcement.aspx?id=997862

Chinaboleh

687 posts

Posted by Chinaboleh > 2017-09-08 19:55 | Report Abuse

Looking at Huaan surge perhaps should try to relist back.

PureBear

249 posts

Posted by PureBear > 2017-10-10 10:12 | Report Abuse

What? Extension again? Will Bursa approves it? We shall see.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5567745

The Board of Directors of the Company wish to further announce that the Company had on 9 October 2017 applied for an extension of time from Bursa Securities till 9 November 2017 for the issuance of the Annual Report 2015 for the financial year ended 31 December 2015 of which is pending for Bursa Securities’ approval.

PureBear

249 posts

Posted by PureBear > 2017-10-10 10:23 | Report Abuse

Unfortunately, warrants are going to expire. It will be worthless since exercise price is much higher than market price.

Expiry/Maturity of the securities
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5567453

Instrument Type: Warrants
Exercise/ Strike/ Conversion Price: Malaysian Ringgit (MYR) 0.1800
Date & Time of Expiry: 09 Nov 2017 05:00 PM

KL Boy

998 posts

Posted by KL Boy > 2017-10-11 14:55 | Report Abuse

The counter for Msports Warrant is open. Can key in to buy and sell but rejected. Why? Not open yet?

KL Boy

998 posts

Posted by KL Boy > 2017-10-11 14:58 | Report Abuse

Msports is still alive and kicking. That Lin Huo Xhi and daughter are still the Chairman and CEO of the group. Received Notice today but dated 09 Oct 2017 from Tricor Share Registrar.

KL Boy

998 posts

Posted by KL Boy > 2017-10-11 16:21 | Report Abuse

The Board of Directors:
Lin HuoZhi (Executive Chairman)
Lin LiYing (Executive Director cum Chief Executive Officer)
Naren Anand Gill (Non-Independent Non-Executive Director)
Clarence Yeow Kong Chew (Independent Non-Executive Director)
Guan Swee Kwee (Independent Non-Executive Director)
Terence Selvarajah A/L Peter Selvarajah (Independent Non-Executive Director)
To: The Warrant Holders of Multi Sports Holdings Ltd

PureBear

249 posts

Posted by PureBear > 2017-10-11 19:09 | Report Abuse

LOL. How can you buy/sell a suspended counter? If the mother shares are suspended, so are the warrants.
You sound more like a Kampung Boy to me :D

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Posted by KL Boy > Oct 11, 2017 02:55 PM

The counter for Msports Warrant is open. Can key in to buy and sell but rejected. Why? Not open yet?

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