Posted by Beststock > 2016-10-04 18:52 | Report Abuse

SGM all 9 resolutions approved. All New Directors appointed for Msports. The war has just began. More than 50 persons attended the meeting. All seats filled except
some front seats. Media and reporters there to interview and take photos.

Posted by swingtrader2 > 2016-10-04 21:42 | Report Abuse

Game is over lar. This counter sure die one. Just forget about it

Posted by riskabsorber > 2016-10-05 08:56 | Report Abuse

Company listed at Taiwan also suspended. How on earth can con so much money and get listed in both countries ?

Posted by AyamGoreng > 2016-10-05 09:49 | Report Abuse

kikikiki.....china fujian jinjiang people specialist is to con & cheat world investors money! typicaly that's their expertist!

Posted by Sslee > 2016-10-05 12:21 | Report Abuse

We need to support whatever action Mr. Paramjeet intend to take. This China con man is too much go everywhere cheating people bringing shame to chinese people and damanging their own country reputation. I hope China government will take notices and come hard on them as what they do to the tele cheating case where they even handcuff Taiwanese suspect and send them back to mainland china to face charges.

Posted by hamitouzhi > 2016-10-05 12:47 | Report Abuse

華運大股東委6大馬董事入局
http://www.klsescreener.com/v2/news/view/134681

Posted by hamitouzhi > 2016-10-05 12:48 | Report Abuse

华运控股特大通过 帕拉吉委6大马董事
http://www.klsescreener.com/v2/news/view/134747

Posted by hamitouzhi > 2016-10-05 12:56 | Report Abuse

華運控股在大馬的代理和秘書已雙雙在今年6月9日辭職。這家在百慕達註冊的公司，於該國的代表和秘書同樣已在今年5月31日辭職。根據未審核的財報，截至今年3月31日，華運控股的淨現金高達5億零270萬人民幣（約3億1136萬令吉），相等於每股51.3仙

cash in bank 51.3 sen per share

Posted by Beststock > 2016-10-05 13:26 | Report Abuse

need to support whatever action Mr. Paramjeet intend to take. This China con man is too much go everywhere cheating people bringing shame to chinese people and damanging their own country reputation. I hope China government will take notices and come hard on them as what they do to the tele cheating case where they even handcuff Taiwanese suspect and send them back to mainland china to face charges.
05/10/2016 ...Totally agreed with SSLee because this Conman practices from the Mainland China are a Norm already. Sooner or later it will affect the whole world if the Chinese Government is not serious in tackling this SHAMEFUL ACTS of their citizens.

Posted by AyamGoreng > 2016-10-05 14:06 | Report Abuse

kikikiki..... cheating investors money is their natural instinct

Posted by hamitouzhi > 2016-10-05 14:28 | Report Abuse

Msports 911626.tw will delist from taiwan on 1-11-2016

http://pchome.megatime.com.tw/news/cat1/20160922/14745080791042709102.html
https://tw.stock.yahoo.com/news_content/url/d/a/20160922/msh-dr-tdr-11-11%E8%B5%B7%E7%B5%82%E6%AD%A2%E4%B8%8A%E5%B8%82-003317408.html
http://pchome.megatime.com.tw/news/cat1/20160922/14745020408438627003.html

Posted by AyamGoreng > 2016-10-05 14:43 | Report Abuse

kikikiki..... china fujian jinjiang BRAVO ! very successful syndicate !
well done! added one more new country (taiwan) to the cheating list

Posted by Beststock > 2016-10-05 15:14 | Report Abuse

If cannot take over the MSports Assets, Mr Paramjeet Gill can bring all the responsible parties to Court. Mr Lin and his daughter. Auditors and those who conspired
like Bankers, Shares and Warrants Listing Brokers, Chinese Authorities and the Malaysian Authorities such as SC and Bursa Malaysia as well. That's why Supporting
Mr Paramjeet Singh Gill all the way to the United Nations and US Court of Justice if possible.

Posted by hamitouzhi > 2016-10-05 16:05 | Report Abuse

Multi Sports gets six new directors

http://www.thesundaily.my/news/1992341

Posted by PureBear > 2016-10-05 19:16 | Report Abuse

----------
Posted by hamitouzhi > Oct 5, 2016 02:28 PM

Msports 911626.tw will delist from taiwan on 1-11-2016
----------

The above should explain Mr Msports posting below.
It turns out Taiwanese is dumber than Malaysian :)

----------
Posted by Msports > Jul 6, 2016 08:18 PM

Purebear you haven't answered why Taiwanese willing to pay TWD 2.60 for same Msport which is still suspended with same set of financial result. Are Taiwanese stupid not to sell like what M'sian does?
----------

Posted by PureBear > 2016-10-05 19:21 | Report Abuse

MSports shares should have the same fate as its Taiwanese counterpart, unless Paramjit can get extension from Bursa to defer delisting :)

Posted by coolchef > 2016-10-05 21:55 | Report Abuse

After sgm positively...just give further supports to if required to our Malayan tiger Singh .just confident n trust 6 superheroes .. see if Lin n bitch Further dare to squat down picking soap....:)

Posted by TAH > 2016-10-07 01:39 | Report Abuse

Lin thought by sacking the auditors he can auto delist the company but was backfire .But I believe he is not doing alone. Anyway we shd Thanks to our savior Mr Paramjit if not a lot of investors going to suffer for this new type of scam. Lin n her daughter now shiver till underwear & panty wet . Ready to be jail soon .

Posted by Beststock > 2016-10-07 16:20 | Report Abuse

KUALA LUMPUR: Shareholders of China-based Multi Sports Holdings Ltd (MSports) voted in favour of appointments of six directors at a time when concerns are raised over the company’s financial accounts.

Paramjit Singh Gill, a 11.9% shareholder of MSports, yesterday called for a special meeting for the appointment of Kasinathan Tulasi, Naren Anand Gill, Clarence Yeow Kong Chew, Cheh Chee Mun, Guan Swee Kee and Terence Selvarajah.

The were given the mandate to carry out an independent investigation of the company’s affairs, and even undertake a forensic audit, if needed.

However, Paramjit noted the new directors will have a meeting first before deciding on the next course of action.

With the experience that the new directors have in legal and accounting, Paramjit said they can help look into the company affairs, including reviewing and investigating its operations.

“We’ll find out what has gone wrong with the company. This is the final opportunity to take action to protect shareholders’ interest,” he said.

Worth noting is that prior to yesterday’s appointments, MSports was only left with two directors – chairman Lin Huozhi and CEO Lin Liying. Liying is the daughter of Huozhi.

Huozhi has been paring down his stake from over 30% in 2014 to the current 11.45%.

Speaking to reporters after the meeting, Paramjit said he had written a letter expressing concerns to the company but the management did not reply to queries.

Trading in MSports shares has been suspended since May 10 following its failure to submit its quarterly financial report ended June 30, 2016 as its external auditors RT LLP requires time to verify the company’s expenditure incurred and bank balances.

The counter was last traded at 3.5 sen, a 95% drop compared with its initial public offering (IPO) of 80 sen in 2009.

MSports swung to the red registering a net loss of RM8.93 million for the first quarter ended March 31, 2016 against a net profit of RM6.16 million in the previous corresponding period.

Paramjit also said that the regulators are monitoring the development in MSports closely.

“The Securities Commission and Bursa Malaysia are very keen to know what is happening. They have been in touch with us, he added.

Posted by Angielim9955 > 2016-10-07 20:22 | Report Abuse

TAH , maybe they no need to go to jail but just give us a lot of money for settle , example sue them give us back 85 sen per share
why because AT AN ISSUE / OFFER PRICE OF RM0.85
so fair enough
and maxwell after relist share price drop gao gao again
Msports still no relist ada werd sikit , either the cash rich is real just the boss dun want to give us

Posted by ameimari > 2016-10-10 14:11 | Report Abuse

请阻止这些 "中国福建晋江欺骗集团"， 他们已经成功骗取了世界多国投资者的血汗钱。

Posted by swingtrader2 > 2016-10-10 21:23 | Report Abuse

When this counter is to be delisted?

Posted by PureBear > 2016-10-11 11:21 | Report Abuse

Should be 1st Nov if Paramjit can’t convince Bursa to give him an extension.

Posted by coolchef > 2016-10-11 17:11 | Report Abuse

so called wise but losser ,day day must pour cold water on those new directors efforts .

Posted by PureBear > 2016-10-11 19:12 | Report Abuse

Well, if MSports is delisted, Paramjit & Erwin will be the biggest losers, losing millions!

Posted by coolchef > 2016-10-12 10:16 | Report Abuse

there r jackpots waiting to be unearthed by both to the least expectation of lin & bitch wrong moves...:)

Posted by coolchef > 2016-10-12 17:11 | Report Abuse

wise idiot but not ignorant huh!:)..........Ms. Lin Liying has been Chief Executive Officer of Multi Sports Holdings Ltd since August 2014. Ms. Liying has been Vice General Manager of Sales, Marketing and Purchasing for Baixing since Joining 2005. She joined JHX as deputy finance manager and was responsible for its accounting, finance and general administration. She is progressively accorded further responsibilities to oversee Baixing's procuremen, marketing and distribution functions. Ms. Liying has been an Executive Director at Multi Sports Holdings Ltd. since October 14, 2008. Ms. Liying graduated from Huaquiao University with a Degree in Accounting and Information Technology in 2004.

Posted by coolchef > 2016-10-12 17:18 | Report Abuse

becos$$$$,old kok putting chicken to firing squad,possible?

Posted by PureBear > 2016-10-13 10:49 | Report Abuse

I wonder whether the new directors have found Lin & daughter :D

Posted by coolchef > 2016-10-13 11:20 | Report Abuse

cookie jar untouched,many swinging bears shall be thumping balls for lossess earlier made,;)

Posted by PureBear > 2016-10-13 11:46 | Report Abuse

Worst case scenario of MSports:
(a) Lin & daughter are nowhere to be found.
(b) All the subsidiaries already changed hands & the new owners bought them legally & they are unrelated to Lin.
(c) All documents (sales, inventories, banking, accounting, etc) of MSports already disappeared without a trace. The management office also gone since it belongs to a subsidiary.

If that’s the case, no even a savior can save the shareholders. :D

Posted by curious2 > 2016-10-13 11:55 | Report Abuse

Anyone here think lawyer Paramjit Singh like to his RM million investment in Msports go to drain?

Posted by curious2 > 2016-10-13 11:55 | Report Abuse

Purebear why must they live like a criminal? Fear to be jailed?

Posted by PureBear > Oct 13, 2016 11:46 AM | Report Abuse
Worst case scenario of MSports:
(a) Lin & daughter are nowhere to be found.
(b) All the subsidiaries already changed hands & the new owners bought them legally & they are unrelated to Lin.
(c) All documents (sales, inventories, banking, accounting, etc) of MSports already disappeared without a trace. The management office also gone since it belongs to a subsidiary.

If that’s the case, no even a savior can save the shareholders. :D

Posted by coolchef > 2016-10-13 11:55 | Report Abuse

..like playing masak masak meh!!:)........those resigned earlier can claim ought to don't know.....Haha!!

Posted by PureBear > 2016-10-13 17:36 | Report Abuse

Let’s have a look at the poll results of the SGM:
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=728&name=IN_ATTACHMENT

There were 196 M shares voted at the SGM, which was 37% of the total shares. All voted 100% for all the resolutions except resolution 3 where 100,000 shares vote against. It was obvious that Lin didn’t vote at the SGM & neither appointed a proxy to vote for him. He simply didn’t care of the SGM.

Why didn’t he care about the SGM?
One possible explanation is that he has sold off all the company assets, transfer all cash to his account & ran away already.

Posted by hamitouzhi > 2016-10-13 18:16 | Report Abuse

晋江百兴鞋材有限公司(Msports) corporate profile:-
http://www.tianyancha.com/company/768501067
http://www.tianyancha.com/company/768501067?full=true

Posted by hamitouzhi > 2016-10-13 18:22 | Report Abuse

double clip the circle to enter

Posted by hamitouzhi > 2016-10-13 18:28 | Report Abuse

company newly approved by 2016-06-27.

核准日期： 2016-06-27

Posted by hamitouzhi > 2016-10-13 18:38 | Report Abuse

company/ factory moved to new address farmland

Posted by hamitouzhi > 2016-10-13 18:47 | Report Abuse

registration missing all the wording related "Multi Sports Holding" nor "Msports"

Posted by hamitouzhi > 2016-10-13 18:52 | Report Abuse

Lin & his daughters still holding the main position, md & ceo

Posted by sengkee > 2016-10-13 19:24 | Report Abuse

http://www.theedgemarkets.com/my/article/sc-sues-stone-master-deputy-md-causing-wrongful-loss-firm

Posted by PureBear > 2016-10-15 11:47 | Report Abuse

This is the best case scenario that some people in this thread would like to see:

An announcement is made by the new directors:
"We had gone to China & met Lin & daughter. They gave us a warm welcome & promised to cooperate fully with us to solve the audit issues. We will produce the annual report by end Oct before the delisting procedures start."

P.S. Don’t get angry lah, I’m pouring ‘warm water’ this time. :D

Posted by curious2 > 2016-10-15 13:33 | Report Abuse

Purebear why your reading skill is such poor? Can't you read sengkee post before you? No wonder so many questions on your posts here you cannot answer because you had poor reading skill.

The SC alleged of the RM11.59 million, a sum of RM11.54 million was subsequently paid by the local representatives to Chan’s personal account, in breach of sections 179 and 317A(1) of the Capital Markets and Services Act 2007 (CMSA).

The SC also wants Chan to pay the regulator the sum of RM11.54 million, which is to be held in trust for Stone Master, and for Chan to be barred from being a director of a public-listed company for a period of five years.

In addition, the SC is also seeking a civil penalty of RM1 million against Chan.
http://www.theedgemarkets.com/my/article/sc-sues-stone-master-deputy-md-causing-wrongful-loss-firm

Posted by PureBear > 2016-10-15 17:06 | Report Abuse

We shall see if Bursa can successfully fine & recover money from Lin after MSports is delisted. :D

Posted by PureBear > 2016-10-15 18:11 | Report Abuse

I have a feeling Bursa is better at fining Malaysians than non-Malaysian who do not live in M'sia.

Posted by Msports > 2016-10-15 19:18 | Report Abuse

Different is Msports major shareholder Paramjit Singh is a lawyer. Will he do nothing if Lin really commit crime?

Posted by Msports > 2016-10-15 20:08 | Report Abuse

Not giving dividend is not a crime but if Lin siphons Msports money then he commit a crime as in Stone Master case.

Posted by TheContrarian > 2016-10-15 21:43 | Report Abuse

SC can take action against Bermuda incorporated company?

Posted by curious2 > 2016-10-15 22:42 | Report Abuse

Why not? If list in Bursa must follow M'sian law not Bermuda or China law.