Posted by PureBear > 2016-08-14 20:36 | Report Abuse

The company is not doing anything, how to resume trading?

Posted by PureBear > 2016-08-14 22:22 | Report Abuse

Perhaps Lin likes durian so much that he is waiting for durian runtuh. Perhaps delisting is like durian runtuh to Lin. If he waits long enough, durian will drop. :D

Posted by rockycleft > 2016-08-14 23:40 | Report Abuse

Delisting will actually be good for them and not retail investors. All up car liao...

Posted by rockycleft > 2016-08-15 00:06 | Report Abuse

The rest will be geography after that. What go jail?

Posted by Angielim9955 > 2016-08-15 00:59 | Report Abuse

but MR P is no play play one wor, newspaper got mention his story .
I think he will fight for us , delist give us back 0.10 sen per share lol .

Posted by PureBear > 2016-08-15 10:33 | Report Abuse

Let's see if Paramjit can convene SGM by the 23 Aug deadline. I will comment later.

Posted by Outsport > 2016-08-15 15:33 | Report Abuse

What is SGM?

Posted by PureBear > 2016-08-15 17:45 | Report Abuse

SGM is Special General Meeting (= EGM, Extraordinary General Meeting).

Posted by TAH > 2016-08-20 10:55 | Report Abuse

Do u think Mr Ewin n Paramjit allow it to be delisted ?

Posted by TAH > 2016-08-20 23:45 | Report Abuse

Any reasons for saying so?

Posted by TAH > 2016-08-22 09:47 | Report Abuse

The combined holding stakes of Mr Ewin n Paramjit will more than enough to kick out Mr.Lin & Miss Lin

Posted by TAH > 2016-08-22 10:09 | Report Abuse

Mr Lin n Miss Lin is answerable not only to Malaysian investors but also to Taiwan investors for delay accounting. . Taiwan is very near to China .They cannot hide.

Posted by hamitouzhi > 2016-08-22 12:02 | Report Abuse

wind up? good good good. this company got rich cash & huge net asset, at least got 30sen return each share.

Posted by hamitouzhi > 2016-08-22 12:03 | Report Abuse

pls don't burnt the factory

Posted by rockycleft > 2016-08-22 15:29 | Report Abuse

Ada factory kah?

Posted by rockycleft > 2016-08-22 17:08 | Report Abuse

Don't worry, empty shed in rural won't burn......

Posted by Angielim9955 > 2016-08-22 17:13 | Report Abuse

dont worry to much, msports too big got many assets ,not people in i3 only guess guess only, but worry is normal just cheer up, dont be too sad.
maybe will have a good news

Posted by rockycleft > 2016-08-23 09:54 | Report Abuse

No, not gone.....just a mysterious entity yet to be confirmed.

Posted by TAH > 2016-08-23 10:05 | Report Abuse

Taiwanese are aggressive species, they won't let Mr Lin go so easily. They will hunt until the worm's hole.

Posted by rockycleft > 2016-08-23 18:15 | Report Abuse

It's total loss.....

Posted by PureBear > 2016-08-24 08:29 | Report Abuse

As I expected, there is no SGM by 23 Aug deadline. SGM is no longer possible. To those who are dreaming of takeover: WAKE UP!

23 May announcement on SGM:
NOTICE OF REQUISITION TO CONVENE A SPECIAL GENERAL MEETING
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5100229

“… if the directors do not within twenty-one days from the date of the deposit of the requisition proceed duly to convene a meeting, the requisitionists, …, may themselves convene a meeting, but any meeting so convened shall not be held after the expiration of three months from the said date.”

After 21 days from requisition, Paramjit may convene the SGM by himself. The SGM must be held not later than 3 months from the requisition date (i.e. not later than 23 Aug).

Possible reasons why Paramjit didn’t convene SGM:
(1) Didn’t want to pay for the expenses of the SGM.
(2) Worried that Lin might not recognize the SGM nor release control if Paramjit won.
(3) Worried that the company was already an empty shell where most assets were already siphoned off by Lin.

Lin may not want to recognize the SGM nor release control of the company. If it is a Malaysian company, you may get a court order, get police escort & go kick out the old management. However, MSports business is in China, what can you do with M’sian court order & police?

Perhaps Paramjit & Erwin will be remembered as ‘the Big Time Losers who bet big on China stock’. :D

Posted by PureBear > 2016-08-24 10:08 | Report Abuse

Possible milestones before delisting:

(1) Still no Monthly Status Update by end of Aug.
(2) Again, no Monthly Status Update by end of Sep.
(3) No Annual Report by end of Oct.

Delisting procedures will start after these.

3 May announcement:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5082145

“… the stipulated timeframe i.e. 30 April 2016, …”

“… if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, …; de-listing procedures shall be commenced against such listed issuer.”

Timeframe = 30 April 2016, + 6 months = end of Oct. Delisting procedures start after that.

Posted by TAH > 2016-08-24 11:41 | Report Abuse

Mr. Paramjit is one of the major share holders .So he will protect himself. If not he is going to lost million. By profession ,he is a lawyer ,I believe he will know how to handle this issue. So be patient.

Posted by bearguy > 2016-08-24 12:10 | Report Abuse

If he is not a lawyer, probably he will not get into this mess shit. Not everything can tell from the paper and well regulated

Posted by TAH > 2016-08-24 12:38 | Report Abuse

Mr Lin is in the dilemma situation..He will be kick out of directorship sooner or later

Posted by bjgdila123 > 2016-08-24 12:42 | Report Abuse

ha ha ha kasi buang sama dia / kini era baru coming

Posted by PureBear > 2016-08-24 21:49 | Report Abuse

How to remove Lin from board of directors without SGM:

(a) use magic
(b) use the power of dream
(c) wish at a wishing well
(d) scold him hard in this thread
(e) all of the above

Posted by TAH > 2016-08-25 10:07 | Report Abuse

What a lawyer for?

Posted by PureBear > 2016-08-25 10:59 | Report Abuse

Only AGM or SGM can appoint or remove directors.

A lawyer can sue a director but not to remove him.

What can a Malaysian lawyer do in China?

Posted by mario888 > 2016-08-25 11:03 | Report Abuse

A stock that is listed and then falls and keeps falling will eventually be delisted from the klse. Best avoid investing in such companies.

Posted by PureBear > 2016-08-26 10:49 | Report Abuse

Swingtrader2, you switch side too easily, swing here, swing there like Tarzan, nobody like this kind of friends. :D

Posted by Purebullrun > 2016-08-26 20:51 | Report Abuse

Oh my god. What is going to happen to my investment. I have invested a lot

Posted by Angielim9955 > 2016-08-28 01:54 | Report Abuse

if this month msports still able to come out qr., very high percentage is a very good result, but the first time is must have qr first lol
all the best la

Posted by Purebullrun > 2016-08-28 10:34 | Report Abuse

Angielim9955, do u think they come out with their quarter results. I put so much money on this counter

Posted by Angielim9955 > 2016-08-29 19:11 | Report Abuse

I also trap a lot , now what can do , nothing , wait lol, I bought in when 0.07.so now hari hari eat roti

Posted by PureBear > 2016-08-31 10:10 | Report Abuse

No monthly status update, no quarterly report by end of Aug. No announcement at all since 9 Jun. What a shame!

The attitude of the company is: “I don’t care, delist delist lor, so what?”

Someone should go to China to check whether Lin has already chow lor. :D

Posted by swingtrader2 > 2016-08-31 16:43 | Report Abuse

Cannot find msport website anymore. Anybody?

Posted by PureBear > 2016-08-31 17:16 | Report Abuse

Yes, swingtrader2, the company website: http://www.multi-sports.com.cn/ cannot be reached. It said "This page can’t be displayed". The plot deepened! :D

Posted by Lulu La > 2016-08-31 17:32 | Report Abuse

the the company listed into GG.com ady?

Posted by hamitouzhi > 2016-08-31 22:28 | Report Abuse

evidoma website also can't displayed too: http://www.evidoma.com.cn/

Posted by swingtrader2 > 2016-09-01 18:13 | Report Abuse

Very funny. Why the company closed its website. Probably, no more business

Posted by leelc70 > 2016-09-02 19:10 | Report Abuse

please refer to the link http://www.bursamalaysia.com/market/listed-companies/company-announcements/5197069
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5197045

Posted by TAH > 2016-09-02 21:07 | Report Abuse

Lin smear the good name of China. He will be booted out n put into Kajang jail soon by Mr Paramjit n Erwin.

Posted by swingtrader2 > 2016-09-02 21:54 | Report Abuse

Just write off this stock.. ..

Posted by TAH > 2016-09-02 22:09 | Report Abuse

Case is still on, ada HOPE

Posted by swingtrader2 > 2016-09-02 22:11 | Report Abuse

Not easy bro

Posted by TAH > 2016-09-02 22:40 | Report Abuse

Mr Paramjit n Erwin invested millions in this cts .They won't let go so easy so do the top 30 shareholders . EGM coming soon.

Posted by PureBear > 2016-09-03 10:27 | Report Abuse

Paramjit resubmitted requisition of SGM on 16 Aug. If Lin does not proceed to convene SGM in 21 days (6 Sep), Paramjit may convene SGM by himself until 16 Nov. (However, he has to pay for the expenses of the SGM by himself. In the last requisition, he didn’t do so.)

Let’s see if Paramjit will convene the SGM by end of Oct (the final deadline before delisting). With no annual report, no quarterly report, no agent in Malaysia, no Company Secretary, no Resident Representative in Bermuda, no audit committee, no monthly status update, I doubt Bursa will grant any extension to delay delisting.

Even if SGM is convened & all resolutions passed, there are still problems of whether Lin is willing to hand over the management. Whether Malaysian court order is any good in China. Whether Lin has already sucked the company dry & run away.

Let’s grab some popcorn & watch the show in these 2 months. :D

Posted by TheContrarian > 2016-09-03 10:41 | Report Abuse

Will Paramjit be supplying some popcorns?

Posted by Angielim9955 > 2016-09-04 16:51 | Report Abuse

or maybe in company got many many money but the boss too stingy unwilling to share with us ,
so let see how rich this company is by next qr and see how much we can get benefits from this time , maybe reward gao gao time is coming
think possitive
haha