lassy Most small time shortie will have cover the position by now and waiting for the next move. Actually this small time shortie just make back some or a little bit of money by using his own EXPENSIVE share to short - maybe just like AWANG or KWSP whose share is worth more than 1 ringgit. 17/09/2021 3:07 PM
Shoplot chairman and Chef said very simple issues raised by KPMG. If so simple EY can resolve quickly. But apparently not so. Possibility of negotiation with SC and Bursa to pull back those bizarre transactions and the company reissued a new set of reports for the recently appointed auditor to audit? That decision may rest with the investigating officer in SC and Bursa?
Nowaday you short your own share holding anticipating you can buy it later CHEAP instead of holding the EXPENSIVE STOCKS doing nothing, can say NON PERFORMING CAPITAL. AWANG is smart sell FIRST and BUY BACK LATER. But now the price gap variation is TOO TIGHT for ordinary investors to SHORT his own share. Provided able to sell in the morning at 35sen and buy back now with a DRASTIC LOW VOLUME today.
I can see here the haters are using bad words, cursing people while the one which is neutral/supporter is simply cool and not using bad words. Regardless of the result of Sir, let's say it is bad result for Serba, why need to use bad words? Looks like you are working too hard
lassy Nowaday you short your own share holding anticipating you can buy it later CHEAP instead of holding the EXPENSIVE STOCKS doing nothing, can say NON PERFORMING CAPITAL. AWANG is smart sell FIRST and BUY BACK LATER. But now the price gap variation is TOO TIGHT for ordinary investors to SHORT his own share. Provided able to sell in the morning at 35sen and buy back now with a DRASTIC LOW VOLUME today. 17/09/2021 4:11 PM
I don't think CMSA 2007 section 358 (1) will yield results because Wu Qingquan, Wu Lianfa and Ng Sio Peng have gone MIA.
In addition, there will be substantial costs involved and section 358 (3)(a) will mean that the Commission will get reimbursed first.
If the directors have yet to be convicted with criminal charges, the question on extradition will not arise.
Initially I have thought of suggesting you to become a director via Companies Act Section 145 (members convening a meeting among themselves) and Section 150 (court convened meeting). But, after having had a look at the accounts and overseas bankers, it's looking like a shell company with lots of potential liabilities as a director.
You can form a group of shareholders and initiate a suit against Ooi Poh Lim and Grant Thornton for failing to flag the irregularities.
Sslee Dear PSAi3alert, Do I have a case against SC for non action?
I would like to bring the attention of SC to my long complaint case on Xingquan: [Case: SC2019-3819], [Case: SC2019-5725], [Case: SC2020-12313] (Bursa Ref: CC/43/19) First and foremost, I would like to express my gratitude and thanks to Bursa for enforcement actions against XINGQUAN and its directors for various breaches of the Listing Requirements (LR) as set out in the media release dated 29 March 2019 and also delisted Xigquan from Bursa. https://www.bursamalaysia.com/market_information/announcements/company...
Please pardon me to ask SC again Question 1: In view of the seriousness of offends/frauds committed by the fraudsters and their total disregard/contempt shown against authorities of SC and BURSA with no respect for Malaysia Law. Has SC made an extradition request with the Chinese government to extradite CEO Dato’ Wu and his brother executive director Wu Lianfu to stand trial in Malaysia Court?
Question 2: Refer google search: https://www.google.com/search?client=firefox-b-d&q=gertop Xingquan brand products (Gertop) are available for sale at many online shopping websites. This means Xingquan still has production lines and assets in China but the China owner and Management team just took us Malaysians as fools and showed utmost contempt to SC and BURSA authorities/Malaysia law. Will SC now invoke CMSA 2007 section 358 (1) in the public interest, taking legal action against Xingquan to recover loss on behalf of victims who suffers loss or damage by reason of, or by relying on, the conduct of another person who has contravened any provision of Part VI or any regulations made under this Act, the amount of the loss or damage by instituting civil proceedings against the other person whether or not that other person has been charged with an offence in respect of the contravention or whether or not a contravention has been proved in a prosecution?
Question 3: Is SC investigating Xingquan External Auditor: SJ Grant Thornton, IPO: CIMB Investment Bank Berhad and PP & RI: RHB Investment Bank Berhad principal advisor, underwriter and placement agent for gross negligence and failure to perform their fiduciary duty?
SC response with some material information on above will be appreciated Thank you 17/09/2021 7:23 AM
alieyasmart....same to me after SIR out....i buy KGB from wednesday 1.660...now already 1.800...today serbadk got 1000 buyer..the price only drop...cmon Karim..do something lorh...haha
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bojed
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Posted by bojed > 2021-09-17 15:29 | Report Abuse
How to short right now when short-selling is suspended until 31 December 2021?
https://www.sc.com.my/resources/media/media-release/intraday-short-selling-suspension-extended-to-end-of-2021
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lassy Most small time shortie will have cover the position by now and waiting for the next move. Actually this small time shortie just make back some or a little bit of money by using his own EXPENSIVE share to short - maybe just like AWANG or KWSP whose share is worth more than 1 ringgit.
17/09/2021 3:07 PM