Posted by hollandking > 2018-06-24 22:36 | Report Abuse

nobody knows that is why those who bought are prepared for the worst.

Posted by apolloang > 2018-06-24 22:38 | Report Abuse

now suspend,so they slow slow check who hold how much in the company.if retailers hold a lot the company will be delisted,if the directors keep buying,then there will be hope.all pakat

Posted by hollandking > 2018-06-24 23:20 | Report Abuse

i dont think retailers a lot. If u look at those 2 days, the value of trade and volume was quite low. I also dont think directors buying but not selling also. If selling, u would have seen it goes all the way to the bottom with massive volume.

Posted by apolloang > 2018-06-24 23:23 | Report Abuse

likely consolidation and rights issue in future

Posted by hollandking > 2018-06-24 23:24 | Report Abuse

think is better the bank seized and sell it.

Posted by calvintaneng > 2018-06-25 08:12 | Report Abuse

GOOD MORNING ALL

Posted by Singapore88 > 2018-06-25 09:09 | Report Abuse

All hold tightly

Posted by Linus Kt > 2018-06-25 09:31 | Report Abuse

Calvin master, how's the EG

Posted by calvintaneng > 2018-06-27 10:10 | Report Abuse

Linus Kt

EG is ok.

Hi guys,

I visited Nusa Damai yesterday.

Magligai already started construction of 2 storey houses in Bandar Nusa Damai

Looks like there is a building boom here.

Posted by joetay > 2018-06-27 10:14 |

Post removed.Why?

Posted by calvintaneng > 2018-06-27 17:25 | Report Abuse

Aiyoo joetay,
Why you so naughty?
i3 Admin got to suspend you for mischief.
Please behave yourself and grow up ok?

Posted by lachai2004 > 2018-07-02 19:54 | Report Abuse

Company announcement on 2 July 18:

The Board of Directors of the Company wishes to announce that the Company and the relevant parties are in the midst of negotiation to purchase Wisma MPL.

On 13 June 2018, the High Court has allowed RHB’S Winding-Up Petition and dismissed MPCORP application to stay the Winding-Up Petition and application for Notice of Motion to Strike Out the Winding-Up Petition.

Pursuant to the Court decision, Mr. Mok Chew Yin and Mr. Ong Hock An of BDO Consulting Sdn Bhd have been appointed as the Liquidators. The Company had on 14 June 2018 filed an appeal to the Court of Appeal against the Winding-Up Order and also application for a stay of Winding-Up Order pending the appeal.

Posted by lachai2004 > 2018-07-03 19:00 | Report Abuse

MP Corp' s announcement on 3 July 18:
"The Court of Appeal has now fixed 10 July 2018 for the Hearing of the Stay of Winding-Up Proceedings."

Posted by hollandking > 2018-07-03 19:02 | Report Abuse

wow, got show

Posted by hollandking > 2018-07-03 19:02 | Report Abuse

i suggest winding up better

Posted by chinaman > 2018-08-30 19:49 | Report Abuse

MPCon declare Qtr end June-net profit myr11million.

Posted by chinaman > 2018-10-07 12:36 | Report Abuse

Dear Calvintaneng, since you live close to Johor, need yr help as 'eagle eye' to check on the status of township JV with Binapuri. Any idea on the sales of its residential township?

Posted by hollandking > 2018-10-09 20:39 | Report Abuse

wow, chinaman, any idea why MP corp made money?

Posted by chinaman > 2018-10-10 09:15 | Report Abuse

The Group’s revenue for the current financial quarter ended 30 June 2018 increased by RM5.55 million to RM10.27 million as compared to the preceding year’s corresponding quarter ended 30 June 2017 of RM4.72 million. The increased in revenue for the current quarter was due to revenue recognition from disposal of land.

The Group’s profit before tax for the current quarter increased by 9.53 million to RM11.97 million as compared to the preceding year’s corresponding period ended 30 June 2017 of RM2.44 million. The increase was mainly due to gain from disposal of land, fair value adjustment on the financial liabilities and reversal of over provision of expenses in prior years.

As on the year to date basis, the Group revenue registered RM14.90 million which has been increased by RM4.85 million as compare to the preceding year’s corresponding financial year ended 30 June 2017 of RM10.05 million. The increase in revenue for the current financial period was mainly contributed by the revenue recognition from disposal of land.

The Group recorded RM2.07 million cumulative pre-tax loss for the current financial year ended which was RM8.03 million lower than the corresponding financial period ended 30 June 2017 of RM10.10 million. The improvement was mainly gain from disposal of land, fair value adjustment on the financial liabilities and reversal of over provision of expenses in prior year.

Posted by chinaman > 2018-10-10 09:17 | Report Abuse

Total liability to-date is myr363Million. Goyang kaki, do nothing- also got debts....wakaka

Posted by chinaman > 2018-10-10 09:24 | Report Abuse

This ctr can be saved only thru complete change of directors + RTO. Ching family must go. Then, only it can rise back. Unfortunately, the super self-centred and delusion Ching still don't want to let go.

Posted by Linus Kt > 2018-10-27 10:41 | Report Abuse

Fatimah, we are same boat... haizzz sinking boat

Posted by Nicholasming91 > 2018-10-29 21:25 | Report Abuse

140mil debt how to pay back lol

Posted by Linus Kt > 2018-11-05 14:43 | Report Abuse

any update???

Posted by chinaman > 2018-11-12 19:19 | Report Abuse

SALE AND PURCHASE AGREEMENT BETWEEN TAMAN BANDAR BARU MASAI SDN BHD (TBBM), LAKEHILL RESORT DEVELOPMENT SDN BHD (LRDSB), A WHOLLY-OWNED SUBSIDIARIES OF MPCB (COLLECTIVELY KNOWN AS VENDOR) AND CHUN FU LAKEHILL SDN BHD (CHUN FU LAKEHILL OR PURCHASER) ~
land sold valued at:~ myr33million

Posted by Linus Kt > 2018-11-16 10:35 | Report Abuse

not sure how long have to stuck here... ;-(

Posted by apolloang > 2018-11-29 19:51 | Report Abuse

why nta 0.46 suspended when perisai nta -0.31 no suspend? apa ini bursa?

Posted by chinaman > 2019-03-11 19:46 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS MALAYSIA PACIFIC CORPORATION BERHAD (MPCB OR THE COMPANY) SALE AND PURCHASE AGREEMENT BETWEEN MPCB AND ASIA NEW VENTURE CAPITAL HOLDINGS SDN BHD FOR THE DISPOSAL OF WISMA MPL HELD UNDER GERAN 9980, LOT 1203 SECTION 57, IN BANDAR OF KUALA LUMPUR, DAERAH OF KUALA LUMPUR AND NEGERI WILAYAH PERSEKUTUAN KUALA LUMPUR (LAND) AT A CASH DISPOSAL PRICE OF RM 189,000,000 (SPA).

Posted by chinaman > 2019-03-12 10:05 | Report Abuse

Why bull shit Bursa halt the MPCON's trading since it's managed to liquidify its assets now? wakaka

Posted by megacity > 2019-03-12 21:10 | Report Abuse

http://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=2935906

inside Attachments

11.1 Net assets (“NA”) and Gearing

Audited as at 30 After the Proposed
June 2018 Disposal
RM'000 RM'000
Share Capital 287,660 287,660
Reserves (151,122) (221,222) *
Shareholder's funds 136,538 66,438
No of MPCB Shares
('000) 287,660 287,660
NA per MPCB Share (RM) 0.47 0.23
Total borrowings
(RM’000) 141,972 489
Gearing (times) 1.04 0.01

disposal because rhb bank force sell the assets to pay rhb bank loan and others, so the assets price not in fair value that loss in value cause nap down to 0.23 after disposal.

Posted by chinaman > 2019-05-03 12:18 | Report Abuse

MPCorpse still be walking zombie till when? When will stupid Bursa allow trading? Already got cash selling out MP building... wakaka

Posted by chinaman > 2019-05-03 12:20 | Report Abuse

Bill Ching must learn from Bandar Durian Sifu, Tan Sri Lim Kam Hoo, how to goreng ma like IWcity. wakaka

Posted by lachai1960 > 2019-05-07 18:43 | Report Abuse

On 7 May 2019, RHB Bank Berhad informed the Court to withdraw the Application and the Court struck out the Application with liberty to file afresh and no order as to costs, Latest announcement:

Posted by lachai1960 > 2019-05-07 18:46 | Report Abuse

Soon will see light after the tunnel :-) :-)

Posted by lachai2004 > 2019-05-07 19:19 | Report Abuse

6-18 months wait, not an issue as expected to let the management time to find better solution for shareholders.

Posted by Jeff Lee > 2019-05-09 15:23 | Report Abuse

Calvin, what is the fair value of MPCORP now ???

Posted by apolloang > 2019-05-09 15:25 | Report Abuse

not yet announce capital reduction 20 into 1? then open 1.00 down to 80cts? hehe

Posted by banker33 > 2019-05-10 12:53 | Report Abuse

fatimah itu konman Calvin rekomen kita beli kaunter ini!!! semua perli Holland!!!

mana dia kini?
10/10/2018 9:19 AM


semua pergi Holland makan angin hahaha,

Posted by Linus Kt > 2019-05-10 18:33 | Report Abuse

Haizzzzzz dah dekat setahun

Posted by experttanengyee > 2019-05-22 21:08 | Report Abuse

Tan eng Yee super stock bombed down 99%.

Posted by chamlo > 2019-05-22 22:56 | Report Abuse

How long suspended? When can trade again?

Posted by Veron_teo > 2019-07-02 19:28 | Report Abuse

lol Holland master calvintard

Posted by chinaman > 2019-07-06 15:20 | Report Abuse

On 09 April 2019, the Court further fixed Hearing on 08 July 2019 pending settlement between MPCorp and RHB.
On 05 July 2019, MPCorp has received a sealed copy of Notice of Discontinuance in relation to the auction filed by RHB. RHB has withdrawn the matter against MPCorp with no order as to costs.
So, since rhb debts can be settled now, when will stupid Bursa allow MPCorpse trading again? wakaka

Posted by calvintaneng > 2019-08-06 18:08 | Report Abuse

Today Mp Corp is officially cleared of legal claim from RHB Bank

Next will be relisting

Ham yi fan sang!!!

Congratulations to all here!!

Clap
Clap
Clap!!

Posted by calvintaneng > 2019-08-06 18:42 | Report Abuse

Wahaha!!

So fast?

Resumption of trading

Hooray!!!

Posted by chinaman > 2019-08-06 19:08 | Report Abuse

Further to Listing Circular No. ILC-18062018-00003, kindly be advised that the winding-up order against the Company has been terminated. Your attention is drawn to the Company's announcement dated 6 August 2019.

In view of the above, kindly be advised that the trading in the above Company's shares will resume with effect from 9.00 a.m., Wednesday, 7 August 2019.

Posted by patrickwyk > 2019-08-07 11:29 | Report Abuse

Do MPCorp still owns any land in JB or have they also sold off?Tqvm

Posted by Seek > 2019-08-07 11:54 | Report Abuse

Veron，mpcorp OK· no hollan

Posted by Linus Kt > 2019-08-07 13:20 | Report Abuse

How much your TP? Calvintan

Posted by Peter2357 > 2019-08-07 23:10 | Report Abuse

yes still owns 450 acres of jewel prime development land in JB .