HIGH-5 CONGLOMERATE BERHAD

KLSE (MYR): HIGH5 (7136)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


3 people like this.

985 comment(s). Last comment by Peter Tiang 2016-06-28 10:15

Nikamir

30 posts

Posted by Nikamir > 2014-07-24 12:43 | Report Abuse

wow...any news ?

4u2c

3,553 posts

Posted by 4u2c > 2014-07-24 13:06 | Report Abuse

i really dont know..its a casino counter ...hit jackpot for die hard buyers

azta12

5,594 posts

Posted by azta12 > 2014-07-24 13:09 | Report Abuse

hihi thnks for the duit raya.

MC88

642 posts

Posted by MC88 > 2014-07-24 14:44 | Report Abuse

Fully restructured time to FLY.

Juntan

47 posts

Posted by Juntan > 2014-07-25 07:06 | Report Abuse

rebound and rebound! time to collect maybe..

Posted by danielhakimi > 2014-07-25 09:25 | Report Abuse

Save your money

jimboyz

200 posts

Posted by jimboyz > 2014-07-25 12:21 | Report Abuse

this kinda stock.. hit n run wan.. the debt's interest kept piling up.. now interest rate go up.. lagi die..

Posted by danielhakimi > 2014-07-25 14:29 | Report Abuse

No rebound.going down soon

jimboyz

200 posts

Posted by jimboyz > 2014-08-01 16:41 | Report Abuse

this kinda stock, at most also around 4.5-5c...just because of the name it's at this price.. unless u wanna eat bread everyday, enter this stock at 8c.. kekekeke

Posted by danielhakimi > 2014-08-01 21:38 | Report Abuse

Or maybe much lower...

Posted by danielhakimi > 2014-08-01 21:39 | Report Abuse

Downtrend

speakup

27,042 posts

Posted by speakup > 2014-08-01 22:45 | Report Abuse

Vincent Tan counter. Sure he support

Posted by Timmy Ng > 2014-08-06 15:25 | Report Abuse

Trading Suspend. Any news?

Hustle

3,615 posts

Posted by Hustle > 2014-08-06 15:41 | Report Abuse

limit up?

speakup

27,042 posts

Posted by speakup > 2014-08-06 15:43 | Report Abuse

either up a lot or down a lot after suspension.

Posted by Timmy Ng > 2014-08-06 15:49 | Report Abuse

Pending announcement.

jimboyz

200 posts

Posted by jimboyz > 2014-08-06 18:30 | Report Abuse

speakup: sure support.. support when it's 3c... hahaa

sheep

3,851 posts

Posted by sheep > 2014-08-06 19:09 | Report Abuse

oh oh, tomorrow sure limit down. Arreit also going down..:(

Uncle_TT

28 posts

Posted by Uncle_TT > 2014-08-06 19:13 | Report Abuse

oh dear .....holders

Posted by BeAmillionaire > 2014-08-06 19:24 | Report Abuse

Omg,delisted

sheep

3,851 posts

Posted by sheep > 2014-08-06 19:47 | Report Abuse

14 August.

ray0007

3 posts

Posted by ray0007 > 2014-08-06 22:06 | Report Abuse

should sell or keep it better? any suggestion?

AyamTua

13,598 posts

Posted by AyamTua > 2014-08-06 22:07 | Report Abuse

tukar nasib: esceram. kgb. aax. kikikiki

27055825

1,467 posts

Posted by 27055825 > 2014-08-07 00:51 | Report Abuse

keep it better because the value is better than the listed price due to assets and goodwill .It is only an issue of cashflow and operational loss.Its a very viable business that can be turn around easily but unfortunately the major shareholders chose to ignore the incompetency of the iresponsible chairman Mr Gan and his team.Can you imagine,bread being a stable food and yet the chairman and his team could not revive it.The company went into PN17 not because of lack of business and market share,its already a very established bread making factory with all logistics in place.It was only misappropriation of funds and breach of trust from the previous management Had it been another competent management team and chairman,this company would have recovered long time ago.Its basic business logic!

rlch

4,142 posts

Posted by rlch > 2014-08-07 08:31 | Report Abuse

Why going to delist counter still worth 8.5sen but Utopia only 6sen?

27055825

1,467 posts

Posted by 27055825 > 2014-08-07 08:36 | Report Abuse

read the announcements to understand the reasons.

27055825

1,467 posts

Posted by 27055825 > 2014-08-07 08:44 | Report Abuse

it is silly to sell your share cheaply to get back peanuts compare to being a shareholder of a business that is very viable and lots of potential to grow.Its only badly managed.

ray0007

3 posts

Posted by ray0007 > 2014-08-07 08:46 | Report Abuse

thanks for ur advice 27055825. Will keep it and fight it.

27055825

1,467 posts

Posted by 27055825 > 2014-08-07 09:05 | Report Abuse

all minorirty shareholders should hold and queried the management team when its delisted afterall you are getting nothing back if you sell.If you don't sell you still can satisfy yourself with answers!!!!!

27055825

1,467 posts

Posted by 27055825 > 2014-08-07 09:19 | Report Abuse

who is buying? must be inside of course because they can get rid of all minority shareholders with peanuts and then raid the company.Don't get trick into selling,it could be intentional to slip into this situation.

Posted by MultiBillionaire > 2014-08-07 09:23 | Report Abuse

good to move it now

Posted by thunderbird > 2014-08-07 09:26 | Report Abuse

move to Holland?

Posted by MultiBillionaire > 2014-08-07 09:32 | Report Abuse

is time to collect hehehehehe

Posted by lockheed90 > 2014-08-07 09:44 | Report Abuse

Bursa Malaysia Securities Berhad ("Bursa Securities") has rejected High-5 Conglomerate Berhad's ("the Company") proposed regularisation plan.

In the circumstances and pursuant to paragraph 8.04(5) of the Bursa Securities Main Market Listing Requirements:-

(a) the trading in the securities of the Company will be suspended with effect from 14 August 2014; and

(b) the securities of the Company will be de-listed on 10 September 2014 unless an appeal against the rejection of the regularisation plan and de-listing is submitted to Bursa Securities on or before 5 September 2014 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.

In the event the Company submits an appeal to Bursa Securities within the Appeal Timeframe, the removal of the securities of the Company from the Official List of Bursa Securities on 10 September 2014 shall be deferred pending the decision on the Company’s appeal.

With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.

Alternatively, shareholders of the Company who intend to hold their securities in the form of physical certificates, can withdraw these securities from their Central Depository System (CDS) accounts maintained with Bursa Depository at anytime after the securities of the Company have been de-listed from the Official List of Bursa Securities. This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities’ General Line at 03-2034 7000 for further information on the withdrawal procedures.

Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities.

ramlimn

30 posts

Posted by ramlimn > 2014-08-07 09:58 | Report Abuse

This company surely will kaput with a lot of hutang and summons from bankers... so no hope la... just sell at 0.055 ... lost a lot, better than nothing.

ramlimn

30 posts

Posted by ramlimn > 2014-08-07 10:00 | Report Abuse

experience from patimas.... wait until last minutes, hopefully for better but nothing.

27055825

1,467 posts

Posted by 27055825 > 2014-08-07 10:08 | Report Abuse

which is better getback peanuts or still a shareholder of a business with assets n potential and also major shareholders are big guys!!

tekken

797 posts

Posted by tekken > 2014-08-07 10:39 | Report Abuse

time to skin

jimboyz

200 posts

Posted by jimboyz > 2014-08-07 11:00 | Report Abuse

oh.. goodwill can feed u... lol.. get real my friends.. high5 bread is not even the preferred one.. people usually buy gardenia (malays) or massimo (chinese).. those mamak shops use kunci emas branded roti for cheap toast bread..

high5? the new low5...

jimboyz

200 posts

Posted by jimboyz > 2014-08-07 11:05 | Report Abuse

jz 7 days ago i said this stock will be around 4.5-5c... if only malaysia can short sell, i am kaya pau d...

wt222

1,228 posts

Posted by wt222 > 2014-08-07 11:10 | Report Abuse

If they couldn't resolve their hundred millions of debts they will kaput....

wt222

1,228 posts

Posted by wt222 > 2014-08-07 11:11 | Report Abuse

Will VT and Felda dig out their money to inject into the co? Good luck..

ramlimn

30 posts

Posted by ramlimn > 2014-08-07 11:14 | Report Abuse

down n down n down... jimboyz, yr prediction r right but gamblers are always against it. Prefer to be a big loser than a gambler where u lost everything.

ericB6B

1,345 posts

Posted by ericB6B > 2014-08-07 11:15 | Report Abuse

when people in FEAR,

BUY !!!!!!!!!!

all in H5 !!!!

speakup

27,042 posts

Posted by speakup > 2014-08-07 11:22 | Report Abuse

anybody know which banks lend money to High5?

speakup

27,042 posts

Posted by speakup > 2014-08-07 11:24 | Report Abuse

my guess is VT will let High5 delist. Then his BJFood will buy over High5 cheap. This way is cheaper than rescuing High5 now.

speakup

27,042 posts

Posted by speakup > 2014-08-07 11:25 | Report Abuse

It is far cheaper to buy over High5 as a private company than a listed public company.

speakup

27,042 posts

Posted by speakup > 2014-08-07 11:25 | Report Abuse

VT is a smart guy.

wt222

1,228 posts

Posted by wt222 > 2014-08-07 11:27 | Report Abuse

Make more sense to let it delist....

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