4 people like this.

134 comment(s). Last comment by ocbc 2023-02-13 12:34

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 08:49 | Report Abuse

Actually the flight path to moon is fly around earth then swing to the moon. The return trip also fly around moon then swing back to earth.

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 08:50 | Report Abuse

So I took the same path around their Internal Whistleblower Dept then swing to..........

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 08:53 | Report Abuse

Bursa listing requirement/regulation (Breach of disclosure of information offence)

SC Capital Markets and Services Act 2007 (Breaches of fiduciary duties of directors and accounting fraud)

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-03 09:00 | Report Abuse

Right, but SC is not the first stop to initiate the issues.....they only follow up on the crimes being committed.

Try MACC.....might have a long queue.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-03 09:09 |

Post removed.Why?

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 09:18 | Report Abuse

A-G is directly appointed by the PM and given absolute power under Article 145(3) at his discretion to institute, conduct or discontinue any proceedings for an offence.

SO AG decided to compound SERBA instead of institute prosecution in court of law.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-03 09:25 |

Post removed.Why?

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 09:29 | Report Abuse

Dear Sir,

Reference is made to your e-mail on the above matter.

We have escalated the complaint to our line department concerned for their further action. The assessment into the matter you highlighted may take time, depending on the complexity of the issues raised. However, we will undertake the necessary actions to ensure that your complaint is looked into accordingly and will take the necessary enforcement actions if there is any breach of Listing Requirements.


As we do not play the role of ombudsman nor do we conduct arbitration, in the event of conflicts or financial losses, the aggrieved parties need to file the claims through the appropriate legal process in court.


We will also make the necessary referral to other relevant authorities should we come across any potential breaches of other regulations / Acts (other than the Listing Requirements).


Thank you and have a good day.

Bursa 2U
Bursa Malaysia Berhad

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-03 09:33 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-03 09:34 |

Post removed.Why?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-03 10:00 |

Post removed.Why?

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 10:10 | Report Abuse

I am not so smart and bright so may I ask if I am not mistaken there are thounsands of road accidents everyday so whose responsibility to report road accident?

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 10:11 | Report Abuse

Or for that matter call ambulance.

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 10:15 | Report Abuse

By the way previously SC and Bursa do call me for a joint meeting.

stockraider

31,556 posts

Posted by stockraider > 2023-02-03 11:01 | Report Abuse

Yes Hengyuan corporate governance is terrible loh!

Sc should quickly investigate b4 kon mike , kon the naive investors loh!
Posted by Sslee > 1 hour ago | Report Abuse

Please ascertain has the above acts if proven genuine violated the following Malaysia’s Law and actions should be taken by the related authorities:

1. Bursa listing requirement/regulation (Breach of disclosure of information offence)

2. Capital Markets and Services Act 2007 (Breaches of fiduciary duties of directors and accounting fraud)

3. Company Act 2016

4. Anti-Corruption Commission Act 2009

5. Anti-money laundering Act 2020

6. Anti sexual harassment Act 2022

7. Whistleblower Protection Act 2010.

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 11:47 | Report Abuse

Dear Mr. Lee,

Thank you for including MSWG in the loop for your whistleblowing process.

As MSWG is not a Regulator, no investigation or enforcement will be carried out by us. However, we will take note of the highlighted issues and raise the relevant questions at their next AGM.

Thank you.

Regards
Complaint Unit

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-03 11:50 | Report Abuse

I am 10000000% right again.....and again.....and again.......!!!

qqq47660

9,005 posts

Posted by qqq47660 > 2023-02-03 11:55 | Report Abuse

Sslee where got certain...sslee propositions are all if, assumptions, uncertainty, rumors and wild accusations....fight the wrong battle.

qqq47660

9,005 posts

Posted by qqq47660 > 2023-02-03 11:55 | Report Abuse

It borders on defamations.

stockraider

31,556 posts

Posted by stockraider > 2023-02-03 11:56 | Report Abuse

Thats why sifu sslee urge authority to investigate loh!

Posted by qqq47660 > 14 seconds ago | Report Abuse

Sslee where got certain...sslee propositions are all if, assumptions, uncertainty, rumors and wild accusations....fight the wrong battle.

stockraider

31,556 posts

Posted by stockraider > 2023-02-03 11:57 | Report Abuse

Our sifu sslee is a good samaritan fighting very hard for justice & fairness for all of us loh!

Posted by Sslee > 5 minutes ago | Report Abuse

Dear Mr. Lee,

Thank you for including MSWG in the loop for your whistleblowing process.

As MSWG is not a Regulator, no investigation or enforcement will be carried out by us. However, we will take note of the highlighted issues and raise the relevant questions at their next AGM.

Thank you.

Regards
Complaint Unit

qqq47660

9,005 posts

Posted by qqq47660 > 2023-02-03 11:57 | Report Abuse

Put it crudely , this sslee is an attention seeker,, trouble maker, and one day will find himself in trouble.

qqq47660

9,005 posts

Posted by qqq47660 > 2023-02-03 11:59 | Report Abuse

Good to seek justice but what about justice for HY, for current shareholders of hy?

qqq47660

9,005 posts

Posted by qqq47660 > 2023-02-03 12:00 | Report Abuse

Just nonsense

stockraider

31,556 posts

Posted by stockraider > 2023-02-03 12:01 |

Post removed.Why?

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 12:02 | Report Abuse

My main take away is not on promoting INSAS but promoting shareholders activism: Shareholder activism is not a privilege - it is a right and a responsibility. When we invest in a company, we own part of that company and we are partly responsible for how that company progresses. If we believe there is something going wrong with the company, then we, as shareholders, must become active and vocal- Mark Mobius.

I admire Jack Ma priority “Customer first, Employees second and Shareholder third”.

Without customer there will be no sales. Without employees there will be no product for sales. Without shareholders fund there will be no capital to employ employees to make product. Or in other words as long as customers is happy (Buy more), employees is happy (produce more efficiently) then for sure business will grow and shareholder will enjoy the dividend/share price appreciation and proud to be part owner of such a wonderful company. (Ask Jonny English to explain what a wonderful company is?)

But in Malaysia I am very sad that some of the CEO of public companies are self serving in dipping their hand into the cookies jar, treating the company as their own private piggy bank and their priority is Me first, Me second and Me third.

Nothing destroy the share value of the company faster than a self serving or a conman CEO and many people lose his/her life saving and some even commit suicide because of insider con job/scam. The conman/scammer get away with murder because good man do nothing until when the victim is his own family member or close friends then only they regret not doing something to stop or expose the scam.

We as minority shareholders are perfectly capable and able to stop it before it happen if we just care to attend AGM ask the hard questions and hold the BOD and external auditor accountable. Follow up and report any irregularities/red flags to SC/Bursa.

Do not live a life of regret, remorse and guilt like spider man (Peter Parker) due to his selfish misjudgment and let go a robber that he can easily caught, who later turn up as murderer of his Uncle Ben. Knowledge is power and with great power come great responsibility.

I would like to thank the organizer for giving me the opportunity to share my presentation with you. I’m grateful to i3 bloggers and commentators for sharing their knowledge in i3 because Knowledge, if kept to your-self, has no value. Only by sharing, we create the value. Let’s build a community of Giant Redwoods in i3 where we support and hold up each other.

stockraider

31,556 posts

Posted by stockraider > 2023-02-03 12:06 | Report Abuse

Kon mike action very worse loh!

He know Hengyuan kon......but he promote buy to innocent naive...I3 investor loh!

kon man mike action is despicable loh!

Posted by Mikecyc > 2 minutes ago | Report Abuse

Haha same same as in Xinquin… Kon artist sslleee is promoted … even he knew is under Accounting Fraud… until delisted… said in 2 forums that he did not sell as worry if sold to those cannot afford …

Later what he did is also wrote to BOD lah … SC lah .. etc etc .. what a Pretender like Bit ch widow Moneymaker…

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-03 12:12 |

Post removed.Why?

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 12:26 | Report Abuse

The flight to moon involved going round the earth to build up speed before you can take off to the moon.

My aim is not to win the battle but to win the war. And that war can only be won by more and more minority shareholders exercise their rights to hold BOD and management responsible, accountable and answerable.

I am eager to see how HRC talk the talk and walk the walk on their whistleblowing policy.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-03 12:33 |

Post removed.Why?

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 12:46 | Report Abuse

How to set GPS to Mars when both Earth and Mars are moving round the Sun?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-03 13:00 | Report Abuse

It's called Orbital Trajectory targeting........too scientific for my shallow mind.

Sslee

6,830 posts

Posted by Sslee > 2023-02-03 14:03 | Report Abuse

@BobAxelrod,
Thanks for the clarification.
By the way don't be too serious, I just try to pull your leg.

nicholas99

9,897 posts

Posted by nicholas99 > 2023-02-03 15:22 | Report Abuse

want play then play fair.. play belakang mari 1. ppl sure not happy. no follow the bursa rule to play.

qqq47660

9,005 posts

Posted by qqq47660 > 2023-02-03 22:22 | Report Abuse

sslee...........................
Adani Implosion Threatens Broader Blow to Indian Markets...................people write short reports can cause shares to collapse................. your short reports can do what?

Sslee

6,830 posts

Posted by Sslee > 2023-02-04 08:14 | Report Abuse

qqq3,
My report is not a short report for shorting purpose but a report in good faith for common good of company, employees and minority shareholders.

No way HRC made such a huge losss in Q3 when all the other refineries were making profit.

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-04 09:19 |

Post removed.Why?

Sslee

6,830 posts

Posted by Sslee > 2023-02-04 09:41 | Report Abuse

According to qqq3 Q3 result is unaudit hence in Q4 all the mistery loss will become Q4 .........

But unfortunately for those call warrants holders it come too late.

Sslee

6,830 posts

Posted by Sslee > 2023-02-04 09:43 | Report Abuse

By the way, I sold all my HRC and call warrants after Q3 result out and just bought back 500 units to qualify myself as shareholder.

Sslee

6,830 posts

Posted by Sslee > 2023-02-04 09:45 | Report Abuse

102796276 01/11/2022 Brought Forward 20,000 4.3065
102947637 02/11/2022 Sell 2,000 4.9000
102947728 02/11/2022 Sell 1,000 4.9100
102947939 02/11/2022 Sell 1,000 4.9200
102947952 02/11/2022 Sell 1,000 4.9300
102948031 02/11/2022 Sell 1,000 4.9400
102948088 02/11/2022 Sell 1,000 4.9500
103056572 17/11/2022 Buy 10,000 4.4000
103056790 17/11/2022 Buy 2,000 4.3800
103092838 22/11/2022 Buy 4,000 4.4100
103108751 23/11/2022 Buy 2,000 4.4600
103136387 25/11/2022 Buy 2,000 4.5700
103136452 25/11/2022 Buy 3,000 4.5600
103136541 25/11/2022 Buy 2,000 4.5300
103139072 25/11/2022 Buy 2,000 4.5200
103139670 25/11/2022 Buy 2,500 4.5100
103140459 25/11/2022 Buy 2,500 4.5100
103153030 29/11/2022 Buy 2,000 4.5400
103160130 29/11/2022 Buy 3,000 4.5500
103161718 30/11/2022 Sell 10,000 3.7200
103161758 30/11/2022 Sell 10,000 3.7500
103162653 30/11/2022 Sell 5,000 3.6100
103163740 30/11/2022 Sell 5,000 3.7200
103164062 30/11/2022 Sell 5,000 3.7200
103164198 30/11/2022 Sell 5,000 3.7300
103165315 30/11/2022 Sell 5,000 3.6900
103165607 30/11/2022 Sell 5,000 3.7000
103174389 30/11/2022 Buy 500 3.5700
103892766 01/12/2022 Brought Forward 500 3.5700

Sslee

6,830 posts

Posted by Sslee > 2023-02-04 09:51 | Report Abuse

Thinking of top up CMSB.
BobAxelrod, what is your opinion on CMSB?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2023-02-04 10:14 |

Post removed.Why?

ks55

4,242 posts

Posted by ks55 > 2023-02-05 14:17 | Report Abuse

Don't waste time on Red Chips.

Income

12,404 posts

Posted by Income > 2023-02-06 09:09 | Report Abuse

Time is very precious. Don’t waste your time in HRC. Shareholders you can fight HRC management FOR FUN ONLY.

Sslee

6,830 posts

Posted by Sslee > 2023-02-08 08:31 | Report Abuse

Good morning I3lurker, you are most welcome with an open arm.

So tell me with listed company you want me to disturb next?

i3lurker

14,412 posts

Posted by i3lurker > 2023-02-08 08:44 | Report Abuse

sslee
take a break
all play and no work makes you dull

Sslee

6,830 posts

Posted by Sslee > 2023-02-08 08:56 | Report Abuse

https://www.insas.net/ar-gm.html

Insas AGM key matters discussed make an interesting reading.

Sslee

6,830 posts

Posted by Sslee > 2023-02-08 09:00 | Report Abuse

Y.A.M. Tengku Aishah, Dato’ Wong and Dato’ Dr Tan have declared that they are not persons acting in concert with Dato’ Sri Thong Kok Khee.

stockraider

31,556 posts

Posted by stockraider > 2023-02-11 10:10 | Report Abuse

Sslee,

Should forget about HRC and just concentrate on Insas, Inari and SYF loh!

Art of stop wasting time & effort mah!

ocbc

1,169 posts

Posted by ocbc > 2023-02-13 12:34 | Report Abuse

HRC is a china link company, transfer pricing can be done type. No hope

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