Posted by Erhern Ooi > 2016-03-16 10:57 | Report Abuse

Bursa only wants to make money by letting Chinese firm list in Malaysia. All Chinese firm share price will just go down.

Posted by Michael Puah > 2016-03-16 22:54 | Report Abuse

totally agreed with winfai on this mysterious thing.. Is not logic for a company to trade at over 90% discount from its NTA. Even the net cash per share is already more than 30 cents per share. I bought this share since IPO time... and hold till now... I really think this is a scam company. What is the auditor doing? Baker Tilly has signed account for years.. I wonder if they did a good job? How did they verified the bank balances? Through bank confirmation? Did they verify the authenticity of the bank confirmation?

Posted by WINNING > 2016-03-23 13:56 | Report Abuse

zzzzzzzzzzzz

Posted by Minion88 > 2016-04-26 11:48 | Report Abuse

hibernating now!!

Posted by darkxfs > 2016-04-27 09:05 | Report Abuse

look like no good

Posted by Fish3129 > 2016-04-27 09:31 | Report Abuse

Oh no~~~ what happen?

Posted by Minion88 > 2016-04-27 09:52 | Report Abuse

Will be suspended?

Posted by shareking1 > 2016-04-27 10:34 | Report Abuse

No eye see .

Posted by Mohd Fahmi Bin Jaes > 2016-04-27 22:50 |

Post removed.Why?

Posted by darkxfs > 2016-05-04 08:27 | Report Abuse

bankup soon

Posted by darkxfs > 2016-05-04 08:27 | Report Abuse

sell all go to mexter 0075 better

Posted by darkxfs > 2016-05-04 08:30 | Report Abuse

mexter now everyday got volume got someone playing it join mexter now better

Posted by tklim > 2016-05-05 11:24 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5082149

MAXWELL-SUSPENSION OF TRADING

MAXWELL INTERNATIONAL HOLDINGS BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2015 ("AR 2015") to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2016, pursuant to paragraph 9.23(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in the event that MAXWELL is unable to submit the outstanding AR 2015 on or before 9 May 2016, the trading in the above Company's securities will be suspended with effect from 9.00 am, Tuesday, 10 May 2016 until further notice.

Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take; de-listing procedures shall be commenced against such listed issuer.

Posted by tklim > 2016-05-05 12:35 | Report Abuse

Maybe new owner will buy out Maxwell....ha...ha...ha..

Posted by Minion88 > 2016-05-09 13:58 | Report Abuse

Will be suspended tomorrow and delisted later......RIP...

Posted by ng123 > 2016-05-10 11:28 | Report Abuse

maxwell is a scam company

Posted by Chia Hao Kee > 2016-05-10 21:03 | Report Abuse

@ng123 bro how much u holding?

Posted by travoltakeong > 2016-05-10 22:01 | Report Abuse

hmmmm.......let's see what happen next......

Posted by travoltakeong > 2016-05-10 22:06 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5069541

MAXWELL INTERNATIONAL HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description MAXWELL INTERNATIONAL HOLDINGS BERHAD ("MAXWELL" OR "THE COMPANY")
Delay in the Release of the Annual Report in respect of the financial year ended 31 December 2015 pursuant to Paragraph 9.23(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
The Board of Directors’ of Maxwell International Holdings Berhad (“MAXWELL” or “the Company”) hereby announces that the Company is unable to release to Bursa Malaysia Securities Berhad (“Bursa Securities”) and shareholders its Annual Report that includes the annual audited financial statements together with the auditors’ and directors’ reports in respect of the financial year ended 31 December 2015 (“Annual Report 2015”) by 30 April 2016 which is a period not exceeding four (4) months from the close of the financial year ended 31 December 2015 (“Timeframe”) as required under Paragraph 9.23(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Securities.

The delay was due to the fact that the Management of MAXWELL in China (“Management”) is in the midst of providing additional documents to Ferrier Hodgson MH Sdn Bhd (“FHMH”) for the extended audit on the substantial advertisement expenses and that the report on the extended audit has yet to be finalized.

The Company wishes to reiterate that the delay in resolving the advertisement expenses issues was mainly due to the time required by the Management to search for the relevant information. As Maxwell (Xiamen) Co., Ltd.'s office had already ceased operations prior to the commencement of the extended audit, certain documents (such as budgeting, approval procedures for the appointment of the 6 advertising agents etc.) were not handed over by Maxwell (Xiamen) Co., Ltd.'s staff to the Management, thus these documents could not be made available to FHMH.

In order to expedite the completion of the extended audit on the advertisement expenditure and also the statutory audit, the Management has taken the following steps/actions :-

(i)

the Management was in Malaysia from 8 April 2016 to 14 April 2016 to meet-up and communicate with FHMH and to provide further clarification and information to FHMH;

(ii)

in terms of the litigation cases involving Mdm Li Kwai Chun and Jinjiang Zhenxing Shoes & Plastics Co., Ltd., (“Zhenxing Shoes”) and the implications, the Management has appointed Fujian ZhiYi, Advocates & Solicitors who is in the midst of finalising its legal opinion;

(iii)

in terms of the cash placed with the asset management company, Jinjiang Jin Chuang Non-Governmental Asset Management Co Ltd (“Jin Chuang”), Zhenxing Shoes had on 6 April 2016 notified Jin Chuang to transfer all the funds;

(iv)

due to the reasons stated as (i) to (iii) above, the External Auditors, Messrs Baker Tilly Monteiro Heng (“BTMH”) would not be able to complete the audit of the Group for the financial year ended 31 December 2015 on time for submission to Bursa Securities by 30 April 2016.

The Company is still in the midst of identifying a suitable reputable firm to carry out the investigative audit on the above areas, if necessary.

The Management has been informed by Messrs Baker Tilly Monteiro Heng (“BTMH”) that BTMH are expected to commence field work in China first week of May 2016 as BTMH would require additional time to arrange for a China VISA; to obtain approval from the Ministry of Finance in the PRC to conduct the audit; and to arrange with Messrs Baker Tilly China to commence the field work in China.

MAXWELL will endeavour to announce/issue its Annual Report 2015 to Bursa Securities and shareholders not later than 2 months from 30 April 2016.

Pursuant to Paragraph 9.28(5) of the MMLR, if MAXWELL fails to announce/issue its Annual Report 2015 within 5 market days from the expiry of the Timeframe (the last day of this 5 market days shall hereinafter be referred to as "the Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend trading in the securities of MAXWELL.

The suspension shall be effected on the market day following the expiry of the Suspension Deadline and shall be uplifted on the market day following the announcement/issuance of the Annual Report 2015 unless otherwise determined by Bursa Securities. As such, the suspension will be effected on 10 May 2016.

Pursuant to Paragraph 9.28(6) of the MMLR, if MAXWELL fails to issue the Annual Report 2015 within 6 months from the expiry of the Timeframe, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against MAXWELL.

This announcement is dated 26 April 2016.

Posted by darkxfs > 2016-05-11 01:10 | Report Abuse

game over already..........

Posted by tklim > 2016-05-11 08:07 | Report Abuse

game over already kah?.............MAXWELL will endeavour to announce/issue its Annual Report 2015 to Bursa Securities and shareholders not later than 2 months from 30 April 2016.
...............sure or not?...ha...ha...ha

Posted by ng123 > 2016-05-11 15:07 | Report Abuse

Maxwell is not becoz of company unable to repay debt, only cant submit document.. I dunno why drop from RM0.54 until RM0.02.. Haha

Posted by malinfan > 2016-05-13 10:07 | Report Abuse

, , 大家 唔晒驚 ！ , , , , , , , " 守得云开 見月明 " 嗎 ! 。。。。。。

Posted by Angielim9955 > 2016-05-14 03:02 | Report Abuse

I hope Maxwell and Msport can fight back, better both price go back to 0.09 or higher to prove china is a strong and powerful country , haha

Posted by ng123 > 2016-05-17 21:54 | Report Abuse

few months can't submit few documents.Unreasonable..Maybe is a scam... Haha.. Dun too optimistic

Posted by Angielim9955 > 2016-06-01 03:14 | Report Abuse

profit up 851% what is strong china stock ,tp can be at leat 0.15

Posted by tslai38 > 2016-06-08 11:20 | Report Abuse

what is TP?

Posted by TheContrarian > 2016-06-09 00:46 | Report Abuse

Target Price

Posted by tslai38 > 2016-06-09 12:22 | Report Abuse

tq contrarian

Posted by PureBear > 2016-07-20 19:57 | Report Abuse

Auditor unable to verify Maxwell unit’s RM64.6mil ad spending
http://www.thestar.com.my/business/business-news/2016/07/20/auditor-unable-to-verify-maxwell-units-rm65mil-ad-spending/

According to the executive summary, Ferrier Hodgson MH had launched a search of the six advertising contractors (similar to the company searches made with the Companies Commission of Malaysia) and found that two of these companies “were not in existence” while one was no longer operational.

Ferrier Hodgson MH asked Maxwell International chief financial officer Tan Swee Song for actual on-site photographs of all the 390 billboards erected at the various sites before they were dismantled.

Tan, by email, forwarded 53 jpeg files which purportedly showed images of billboards of the relevant products being advertised.

“We had further conducted examination on the JPEG files particularly with respect to the properties and details of each of the JPEG files which suggests that the JPEG files have been created under Adobe Photoshop programme,” Ferrier Hodgson said.

Posted by PureBear > 2016-07-20 20:00 | Report Abuse

When asked for photographs of billboards erected, the company used Adobe Photoshop to create images. What a joke. :D

Posted by tklim > 2016-07-21 08:13 | Report Abuse

wah lauu....so many story kah?....ha....ha...ha

Posted by TheContrarian > 2016-07-21 21:05 | Report Abuse

The sad thing is SC or Bursa Malaysia can't do anything about it and the Malaysian minority shareholders are the ones who suffer.

Posted by ng123 > 2016-07-24 09:53 | Report Abuse

ya. agree, useless sc and bursa malaysia can't secure and protect shareholders..

Posted by travoltakeong > 2016-07-24 19:16 | Report Abuse

unless got magic show.......Good Luck

Posted by tklim > 2016-07-29 19:08 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5163013

OTHERS MAXWELL INTERNATIONAL HOLDINGS BERHAD ("MAXWELL" OR "THE COMPANY") Status of the Issuance of the Annual Report in respect of the financial year ended 31 December 2015 pursuant to Paragraph 9.28(4)(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities")

MAXWELL INTERNATIONAL HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description MAXWELL INTERNATIONAL HOLDINGS BERHAD ("MAXWELL" OR "THE COMPANY")
Status of the Issuance of the Annual Report in respect of the financial year ended 31 December 2015 pursuant to Paragraph 9.28(4)(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities")
Reference is made to the Company’s announcements dated 26 April 2016, 31 May 2016 and 30 June 2016.

The Board of Directors’ of Maxwell International Holdings Berhad (“MAXWELL” or “the Company”) hereby announces that the Company is still unable to issue or submit to Bursa Malaysia Securities Berhad (“Bursa Securities”) and shareholders its Annual Report that includes the annual audited financial statements together with the auditors’ and directors’ reports in respect of the financial year ended 31 December 2015 (“Outstanding Financial Statements/Annual Report 2015”) as the Company’s External Auditors, Messrs Baker Tilly Monteiro Heng (“Messrs BTMH”) is still in the midst of finalising the draft audit report.

In view of the above, MAXWELL is expecting to issue and submit its Annual Report 2015 by early August 2016.

Posted by Chinaboleh > 2016-08-02 20:40 | Report Abuse

Nobody aware what announcement today? I don't hold Maxwell but Msports and Xinghe so curious about fellow China counters well being. Wonder who sold at 2 sen before suspension.

Posted by jwyap > 2016-08-02 22:54 | Report Abuse

it will come back soon.

Posted by jwyap > 2016-08-02 22:58 | Report Abuse

cash in hand rm 360m still in account, lost 65m n currency earn 76m.

Posted by richkid > 2016-08-03 07:11 | Report Abuse

PN17 triggered thats why. Drop until nothing left.

http://www.thestar.com.my/business/business-news/2016/08/02/maxwells-actual-loss-30pc-higher-than-first-reported-and-enters-pn17/

Posted by tklim > 2016-08-03 09:33 | Report Abuse

Audited 2015....loss....PN17.....


First Quarter report 2016.....Profit.....how?......ha...ha...ha....
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5111045

Posted by tklim > 2016-08-03 09:34 | Report Abuse

This China Apek company very funny lah....ha...ha...ha

Posted by Undi_PAS > 2016-08-05 14:07 | Report Abuse

If China counters really rubbish why Bursa allow listing in first place? Vote PAS GE 14.

Posted by jwyap > 2016-08-05 18:09 | Report Abuse

will be trading 8/8/2016. good luck.

Posted by tklim > 2016-08-05 23:06 | Report Abuse

MAXWELL - Resumption of Trading

MAXWELL INTERNATIONAL HOLDINGS BERHAD

Further to Listing Circular No.ILC-29042016-00024, kindly be advised that the above Company has on 5 August 2016 submitted its outstanding Annual Report 2015 for the financial year ended 31 December 2015 to Bursa Malaysia Securities Berhad for public release pursuant to Rule 9.23(1) of the Bursa Securities' Main Market Listing Requirements.

In view of the above, please be advised that trading in the Company's securities will resume with effect from 9.00 a.m., Monday, 8 August 2016.

Posted by Angielim9955 > 2016-08-06 01:10 | Report Abuse

hi tklim, inside the reports, bursa said " submitted its outstanding Annual Report "
hello s outstanding Annual Report mean a very good reports , this can be lead maxwell up back to 0.08 ?

Posted by TheContrarian > 2016-08-06 08:17 | Report Abuse

Outstanding here means late not very good! Hahaha just realized outstanding also has the meaning of very good.

Posted by jwyap > 2016-08-06 11:28 | Report Abuse

good or bad is not important for this moment, cash rm 370million, and nta rm 1.00, total liability only rm 30million. by the way, we are confident above this company account now.

the most interesting is the market price only 2 sen.

Posted by PureBear > 2016-08-06 12:53 | Report Abuse

Maxwell’s actual loss 30% higher than first reported; PN17 triggered
http://www.thestar.com.my/business/business-news/2016/08/02/maxwells-actual-loss-30pc-higher-than-first-reported-and-enters-pn17/

“Baker Tilly said, the management of Maxwell’s subsidiary Jinjiang Zhenxing Shoes & Plastics Co Ltd was unable to provide the relevant information and supporting documents on its placement of RM337.21mil with asset management company Jinjiang Jin Chuang Private Capital Management Co Ltd (Jin Chuang).”

In other words, the cash is most likely fake!

Posted by TheContrarian > 2016-08-06 13:12 | Report Abuse

Yes, cash is actually monopoly money.