LGE had done enough damages to the construction industry. It is time to shut him down. Created so much havoc for SST and created so much damages to Gamuda, GKent and MRCB. Created so much troubles to the Bangla and Indon. Many many thanks to all the Malaysians who voted Pakatan. You supporters really love Pakatan Harapan so much. Keep sacrificing. Its a no no problem. Only people suffer as a result in the end. Everything will be more costly instead after calculating all the compensations to be paid. Bravo New Malaysia. Malaysia Bolih !

Notice that someone was buying at 12pm for 33.5 sen but some stupid fellows threw their shares away at 31 sen after that. Shares ended 32 sen today.

If we look at Chuan Huat's accounts. NTA alone is RM1.60 but the current share price is still trading at 40 sen. Clearly it is under valued by the market by 300%. Chuan Huat is currently the best Steel Counter stock in term of net worth per share. Even rank better under-valued than Masteel.

Someone purposely push down the price pf Chuan Huat. What a joke? Is it a sign for accumulation or desperate disposal by a poor fellow who needs money?

Good news. Someone is slowly accumulating MjPerak shares today.

Why Minetec dropping like SHIT?

Thinking of buying the whole lots of 0.065 today. Over a million shares parked at 0.065

This stock is waiting to fly. Buy before it is too late. Once this group got a U Turn like LGE's case, the prices of between 20 to 35 sen become history. Watch my word. Cheers.

What happened to Masteel?

http://klse.i3investor.com/blogs/koonyewyinblog/167834.jsp

Koon Yew Yin. Your chance to help MjPerak now. So easy and MjPerak belongs to the people and the new government of Perak. MjPerak is in dire need of your assistance.

Third Car Project sounded by Tun Mahathir also pinpoint land to use near Proton City. MjPerak shareholders will rejoice soon.

Tan Sri MK now being appointed a member of the Perak State economy advisory council. Obviously MK Land shares are good to buy.

Mohammad Nizar: Perak to assit Proton to get additional sites for expansion as Proton SUV will be assembled at Tg. Malim plant in 2019.Postive news again!!!

ABLE GROUP MOVES ON STEADILY.

Moving from 9.5 sen to 10.5 sen today 25/07/2018.

Koon Yew, where are you?

Today, Sellers 22 Mil. Buyers 10Mil - 80% done at 0.15 sen. Total Done 33Mil shares.

Buying 3Mil Shares is not enough to convince investors, Erwin. Someone posted to sell 27Mil shares at 2.5sen at one point of time in the afternoon session, but retracted the post after seeing the ppl throwing at 2.0sen because the 2.5 sen waiting to sell is huge.

Think Msports should punish Lin Houzhi and Lin Liying shares and put them all to be zerorised. Can Msports do that? Or just cold storage their shares and cannot be traded until they re-appear again to see our new management under Paramjit Singh and Erwin.

Looks like Lin Houzhi and Lin Liying are full of shits being sued by so many bankers and others. As long as the company now comes clean with the blessings and agreements of all the authorities concerned...Msports can start anew as a brand new Public Listed Company in Malaysia.

Multi Sports Holdings Ltd
and its subsidiaries
77
Litigation
The Company has sought the assistance of lawyers in China to identify and confirm the existence of litigation
involving the subsidiaries and primarily, Jinjiang Baixing with a view to providing us with the official cause papers,
pleadings and evidence filed in the suits. Due to difficulties in accessing information, the lawyers have only been
able to access publicly available information. In April, 2018, we received a report on the status of the various
cases affecting the subsidiaries based on which an announcement dated25 April 2018, the relevant portions of
which are as follows:
1. Due to restrictions by the Chinese courts on the disclosure of and the means of gathering litigation information,
and legal and bureaucratic barriers to the access of private information and company documents in China
involving the PRC subsidiaries, the board in Malaysia has been forced to rely on available public information
and whatever court information is available to non-parties to the litigation, which is by nature incomplete.
2. The following information is based on the best available information from searches carried out by lawyers in
China that we have currently however it is presented with the caveat that we have been unable to access the
actual pleadings and court documents to verify the secondary sources and there may be factual inaccuracies;
further litigation; or subsequent developments in the litigation discussed below that we have yet to discover.
3. The board does warrant or undertake any liability for the accuracy and completeness of information and
materials of the cases involved that have been gathered and organized based on publicly available information.
4. We refer to the table below setting out the key details of the litigation identified.
5. According to the available but incomplete data, Jinjiang Baixing Shoe Materials Co., Ltd. was involved in 24
lawsuits from 2014 till April 2018. The financial amounts involved in the lawsuits were approximately RMB
518.13 million yuan (excluding the objects/value of subject matter of litigation where not stated.
6. Litigation in 2014: There were 2 cases in 2014. The total amount that was the subject of the litigation was
RMB 18.8 million yuan.
a. The value of litigation brought by plaintiff Quanzhou branch of China Minsheng Bank Holdings
Limited, Quanzhou Branch, was 13.8 million yuan.
b. In the second case, the value of the Plaintiff’s claim, Jinjiang Yuancheng Microfinance Co., Ltd. was
5 million yuan. Lin Houzhi is listed as a defendant. The 2 cases were settled through reconciliation
and withdrawal of the lawsuits.
7. Litigation in 2015: There were 5 cases found to have been taken in 2015. The total amount in the objects of
litigation was above RMB 30.002 million yuan (excluding the objects of litigation of unknown cases).
a. The value of the claim filed by Wang Qingyun as plaintiff was 5.8 million yuan, and the case was
settled through reconciliation and withdrawal of the lawsuit. Lin Houzhi is listed as a defendant;
b. the value of the claim filed by Xiamen Port Trading Co., Ltd. Was 2.44 million yuan;
c. the value of the claim filed by Fujian Straits Finance and Leasing LLC was 21.843 million yuan. Both
Lin Houzhi and Lin Liying are listed as defendants;
d. the value of the claim filed by Wanjiang Financial Leasing Co., Ltd. was unknown. Lin Houzhi is
listed as a defendant;
e. the value of the claim filed by JingjiangYigao Exhibition Equipment Co., Ltd. was 0.919 million yuan.
8. Litigation in 2016: There were 14 cases from 2016 and the total amount in the objects of litigation was above
RMB 450.972 million yuan (excluding the objects of litigation of unknown cases).
a. There were 2 claims by Shishi branch of the China Construction Bank Holdings Limited, the value of
the claim was 296.54 million yuan. Both Lin Houzhi and Lin Liying are listed as defendants;
b. the value of the claim by the Fengze sub-branch of Rural Commercial Bank of Quanzhou Limited
was 29.86 million yuan. Both Lin Houzhi and Lin Liying are listed as defendants;
Multi Sports Holdings Ltd
and its subsidiaries
78
c. the value of the claim by Bank of Quanzhou Holdings Limited was 18.335 million yuan. Both Lin
Houzhi and Lin Liying are listed as defendants;
d. the value of the claim by the Fuzhou branch of Ping An Bank Holdings Limited was 52.89 million
yuan. Lin Houzhi is listed as a defendant;
e. the value of the claim by the Quanzhou branch of China Everbright Bank Holdings Limited was
unknown. Lin Houzhi is listed as a defendant;
f. the value of 2 claims by the Jinjiang branch of Industrial and Commercial Bank of China Holdings
Limited was 29.499 million yuan;
g. the value of the claim by Fujian Straits Finance and Leasing LLC was 19.79 million yuan. Both Lin
Houzhi and Lin Liying are listed as defendants;
h. the value of the claim by Deng Yunhua was 0.265 million yuan;
i. the value of the claim by Cai Mingyue was 1.169 million y

11. Looking forward, pursuant to Paragraph 4.1(b) of Practice Note 17, the company is actively pursuing a
regularisation plan and the Board of MSPORTS anticipates that the said Regularisation Plan may result in a
significant change in the business direction or policy presently adopted by the Company. The Company is now
seeking a suitable business or asset that will meet the criteria to maintain the listing status of MSPORTS on the
Main Board of the Malaysian Stock Exchange within the timeframe allocated to the Company under its PN17
status.

Copied from their 2016 Annual Report :
As set out in Note 30 to the financial statements, we have confirmed (to the best of our ability given limited rights of
access to information), the existence of 24 litigation cases that were taken against the main subsidiary,
JinjiangBaixing,from2014 till April 2018. The financial amounts involved in the lawsuits were approximately RMB
518.13 million yuan and in some of the cases, either or both Lin Liying and Lin Houzhi are named as defendants to
the claims.
3. As set out in Note 20 to the financial statements, the new directors have concluded that they have no option but to
deconsolidate the Company’s subsidiaries in the PRC as at 31 December 2016 based on a pre-existing loss of
control and their inability to re-gain control of the subsidiaries since taking office. As such, the Company’s
investment in the subsidiaries will be written down as a disposal and going forward, the subsidiaries financial
statements shall not be consolidated into group accounts. In the event that the Company regains control over the
subsidiaries or underlying assets, these will be captured and recognised in the Company’s accounts again.

True....wait till the ex-Chinaman boss and her daughter dump all their shares first afterall 0.5 sen is still the lowest we can get from both of them. Those cannot wait can buy now at 1.5 sen or 1.0 sen. Everything is possible. Buy some to keep for better announcements later coz I am sure there are something which the new mgmt found worth re-listing after doing their in-depth studies and personal interrogations and audits of the Msports properties in China. The new managements are a team of smart people, right?

if I can buy over this Msports cheap cheap, I would probably backdoor list my own company into BSKL. Why not?

Probably RMB4 Million is only the overall works done, hotel and flight costs by the new mgmt in China plus Auditors fee plus all misc and legal fees such as mandatory licences renewal in China, Bermuda and Msia. Seeking advises from all counterparts need expenses too. All anew. So no worries lah. Maybe there assets in China suddenly appear back into our Balance Sheet thus bringing back sudden gains for what Msports had written off all to losses in 2016.

Someone wants to list his or her company or companies into BSKL can now buy up Msports and the licence to list alone is worth at least a few millions. Anyone interested....pls buy up fast now.

Time to buy back your losses and win big. Msports now a Malaysian Controlled PLC. Opportunity like this seldom happen. One good announcement, this Msports will fly 500% at least. If dead, sure dead already. Why relist? Think.

Chow Chee Bai TM. I lost until I cannot see the road today. FARK THE NEW PH.

We all can support Dato Kasi to help him propose a Voluntary Liquidation for MK Land. The price is better. All Win Win situations.

in this way, Dato Kasi will get back multiple times more than the present share prices currently affecting the group.

Kg Boy thinks Dato Kasi may opt to request to dissolve MK Land and sell all the lands and properties away in view of the following :- 1. Falling Share Prices 2. Dato himself got no more say and directorship 3. RM80Million urgent payment to IRB empty up the company's cash, 4. MK's failing health and 5. MK's daughter not of MK's business quality and expertise.

Good. Will hold MJ Perak. Thanks Calvin Tan.

https://www.iproperty.com.my/property/petaling-jaya/section-51-pj-jalan-tandang-petaling-jaya/sale-4649206/ Just a simple search......small land plus office selling at RM661 psf.....Imagine Amtek having 304,809 sg ft worth RM200 Mil only reported in their latest account as RM6 Mil.

Another good buy is Amtek. Their piece of land in PJ is currently worth around RM85 mil to RM140 mil but they still report it at cost ie RM6 Mil only. There is definately a huge valuation gain if they suddenly report this valuation in their annual account. Lately I receive their annual report. They still keeping low profile on this issue. So far, Amtek shares capitalisation is only RM15 mil.

You are Right. I changed my name to Kampung Boy. Thanks Purebear.

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

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.

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

MK himself is an old man and is ever ready to let go of his business. Any takers in the market can easily take over the business at 26 sen now. The management team inside the group is well qualified and experienced in the field. No worry. Only the change of shares is coming soon once MK announced his total retirement. Same same story I assume for ASB - Ahmad Sebi for Advance Synergy Berhad. Both ASB and MK Land are very successful and cash rich companies. Only time will come that their shares will fly to the NTA levels.

.... it appears that these plots are the parcels purchased by Mammoth Empire in 2010 and 2011. Records showed that in 2010, Mammoth Empire had bought a 41-acre site and a 16.83-acre site on Jalan PJU8/8 from Saujana Triangle Sdn Bhd.

Saujana Triangle is a wholly-owned subsidiary of MK Land Holdings Bhd. Both parcels were purchased for an estimated RM130 million. The price of the larger parcel was an estimated RM55 per sq ft, and the smaller one at RM40 per sq ft.

In 2011, Foster Estate purchased another parcel of land along Jalan PJS 8/8. This 6.33-acre parcel was purchased from Crest Builder Sdn Bhd, a unit of Crest Builder Holdings Bhd, at RM57.53 million or RM208 per sq ft.


RM 40 per sq ft versus RM 208 per sq ft, why is the land bought from Crest at a price 5.2 times as high as the land bought from MK Land, roughly at the same time?

The difference looks extreme, minority shareholders of MK Land should query their company if the land was sold too cheap...Quote extracted from MA Wind.

Bought another 100K @ 0.26 today. Cheers. Keep for long term.

TQ Ivan9511. Sure want to accumulate more at 26 sen. Heard from news report asking us to make noise about MK Land sold cheap cheap to Mammoth Empire in 2011 and now ME selling at a huge profits in 2017. Pls comment. TQ.

Bought another 100K at 0.26 too.

I just bought 100K at 0.26. Bless me please. Hahahaa

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

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.

I like Calvin's posting. Keep it up Calvin.

The 7.6% investor who buy at such a price above 50 and reaching 60.5 sen could be an insider. He or a group of them may have inside news despite the fact that the company announced a small quarter loss today. Only people who know buy or else this MJPerak counter is normally very very quiet.