Posted by CharlesT > 2017-11-07 15:23 | Report Abuse

Koon's persistence of investing in this counter from Rm1.50 (from 2011 to Rm0.03 (last trading day before suspended few months ago) and could be suffering a total loss of RM30M to RM40M should be made a classical case study to all of us.

Posted by CharlesT > 2017-11-07 15:38 | Report Abuse

https://klse.i3investor.com/blogs/koonyewyinblog/46374.jsp

(This post was dated 14 Feb 2014)

I took the opportunity to express my view. I said that 12 of the 30 largest shareholders as shown in the annual report, were members of my family. We still owned about 30 million shares. This was my worst share investment in my life but I still have some hope in Xingquan.

I am obliged to tell you that my family members own about 30 million Xingquan shares and I am not asking to buy it and if you buy you are doing it at your own risk.

FYI. price was ard RM0.90 to RM1.00 during Feb 2014.

Posted by moneycashrich > 2017-11-07 15:38 | Report Abuse

no auditors will dare to certify......if not seen bank accounts......not seen properties titles....very very fishy......if go burst....auditors kena penalty. Have to look for closed eye auditors.

Posted by malaysiakuku > 2017-11-20 15:00 | Report Abuse

mashallah!!!! tak selesai lagi kes ini ke? tak bawa ke muka pengadilan ke? hakim dan pendawaraya kat malaysia tak cakap apa-apa ke? pihak bursa securities tak ada bagi memo kat media ke? habis cerita, apa dah jadi kat saham xinquan? tak ada berita langsung? maksudnya "under the table" lah.....duit kopi bagi tutup kes???....tak bolehlah...kita tunggu berita hampir setengah tahun.... siap-siap nampaknya macam nak gulung tikarlah namanya.....

Posted by dayang_suri > 2017-11-27 21:52 | Report Abuse

Apa boleh buat...Auditors takut nak audit lah, bro..

Posted by malaysiakuku > Nov 20, 2017 03:00 PM | Report Abuse

mashallah!!!! tak selesai lagi kes ini ke? tak bawa ke muka pengadilan ke? hakim dan pendawaraya kat malaysia tak cakap apa-apa ke? pihak bursa securities tak ada bagi memo kat media ke? habis cerita, apa dah jadi kat saham xinquan? tak ada berita langsung? maksudnya "under the table" lah.....duit kopi bagi tutup kes???....tak bolehlah...kita tunggu berita hampir setengah tahun.... siap-siap nampaknya macam nak gulung tikarlah namanya.....

Posted by Raihan Azali Adam > 2017-12-17 00:51 | Report Abuse

Memang naya je suspended sampai sekarang..trade kat cryptocurrency jauh lagi baik dari invest kt sini..

Posted by Diamond7 > 2017-12-30 16:37 | Report Abuse

This counter! Must consult Koon Yew Ying! When will it be relisted
Relisted...then only buy!

Posted by malaysiakuku > 2018-01-05 16:26 | Report Abuse

Auditor takut nak audit... Bursa malaysia diam diam macam kucing...Bursa securities pula takut nak ambil tindakan tegas...apa dah jadi dengan undang-undang dan peraturan penyenaraian saham kat malaysia ini? Dah lebih 6 bulan kaunter ini dibekukan ......Bursa securities cakap bukan main besar...."tak hantar penyata kewangan dalam tempoh 6 bulan, maka delisted dari bursa saham" apa dah jadi sekarang???... mungkin sebab koon yew yin pemegang saham xinquan, jadi semuanya tunduk macam lembu dicucuk hidungnya....nak delisted atau relisted??? atau nak tunggu selepas PRU14......

Posted by huahtai98 > 2018-01-11 13:18 | Report Abuse

Nobody is infallible....this is the saddest part.

Posted by malaysiakuku > 2018-01-12 08:56 | Report Abuse

"suspended until further notice" according to bursa malaysia securities......memang hebat betul alasan dari malaysia bursa securities....xinquan tak mahu bagi laporan penyata kewangan, tapi suspension masih boleh dilanjutkan lagi!!!!.... tak tahu apa nak cakap....kat malaysia semuanya boleh.....aku ingat suspension lepas 6 month, delisted lah......tapi ini tak pakai undang-undang...memang hebat kalau berurus niaga kat malaysia... china punya company pijak kita kepala.....bursa malaysia securities cakap tak apa. "Boleh dilanjutkan lagi until further notice".

Posted by rainbowyen > 2018-01-16 01:19 | Report Abuse

wait long long....to be suspended....approved by malaysia bursa securities.....

Posted by dayang_suri > 2018-01-23 23:03 | Report Abuse

those still holding xinquan shares can't do anything....die can not, alive also can not....

Posted by Raihan Azali Adam > 2018-01-25 18:45 | Report Abuse

Hahaha..malaysia nowadays..like ahjib gor said "cash is king".

Posted by Faiza > 2018-01-25 20:38 | Report Abuse

Toilet paper liao

Posted by limsonic > 2018-01-26 19:44 | Report Abuse

KYY , u are the 2nd Big Shareholder, pls do something...... now u win many money from HengYuan, got $$$ to push up this :p

Posted by Xinquan > 2018-01-30 05:01 | Report Abuse

If PE 7 fair TP is 28 sen not 5.5 sen.

Posted by moneycashrich > 2018-02-27 12:34 | Report Abuse

so much cash and profit every year, still can do nothing to lift suspension ? or suspend forever ?

Posted by moneycashrich > 2018-02-27 12:35 | Report Abuse

anybody still laughing ?

Posted by maunkulopdollah > 2018-02-28 12:51 | Report Abuse

Dont wori lah..later will be relisting lah..simple issue only..hello Jack Ma tolong take over this company..related to Ali Baba for SEA hub...A big dreamer..hihii

Posted by happ12 > 2018-04-02 22:51 | Report Abuse

still no action taken from Bursa?

Posted by Raihan Azali Adam > 2018-04-03 20:29 | Report Abuse

Hidup segan mati tak mahu

Posted by malaysiakuku > 2018-05-02 11:06 | Report Abuse

lingkup dah xinquan....tak ada nafas....biarkan mati begitu saja....malaysia bursa securities tutup sebelah mata....apalah sistem perundangan kat bursa saham malaysia ini? kalau kat singapura, dah lama kena saman dan kena tendang dari bursa saham.....tak sedih ke??? nak keluar tak boleh, nak masuk pun tak boleh....urusniaga terbengkalai begitu sahaja.....

Posted by michael_jackson > 2018-05-02 14:38 | Report Abuse

no news... mean die already lor.....kangarooo system...what can you expect from our bursa securities?...no wonder our government system very slow.....

Posted by limsonic > 2018-07-26 21:58 | Report Abuse

KYY , pls say something

Posted by calvintaneng > 2018-07-31 10:31 |

Post removed.Why?

Posted by calvintaneng > 2018-08-03 12:41 |

Post removed.Why?

Posted by calvintaneng > 2018-08-03 12:43 |

Post removed.Why?

Posted by calvintaneng > 2018-08-03 12:55 |

Post removed.Why?

Posted by idunwork > 2018-10-11 16:24 | Report Abuse

How chinese cheat ?


https://youtu.be/jiXcK99PxkM

Posted by Alex™ > 2018-11-02 13:49 | Report Abuse

Hello~

Posted by Ng Shu Tsung > 2019-03-29 20:48 | Report Abuse

https://www.theedgemarkets.com/article/three-chinabased-companies-found-giving-false-financial-statements-bursa

Posted by hollandking > 2019-03-29 21:07 | Report Abuse

ok, those of you still holding hopes, you can write off your investment completely now, let it go. This counter is officially over.

Posted by Ng Shu Tsung > 2019-03-29 21:11 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6111293

Posted by michael_jackson > 2019-04-01 17:52 | Report Abuse

getting more serious...suspension...warning after warning....reprimanded by securities commission malaysia already.....hope something can be done for public interest...
https://www.sc.com.my/news/media-releases-and-announcements/sc-reprimands-three-china-based-companies-and-says-retention-of-four-directors-prejudicial-to-public-interest

Posted by sato > 2019-04-03 17:30 | Report Abuse

typical Fujian Jinjiang cheater, they're cheating everywhere in the world

Posted by idunwork > 2019-04-11 02:27 | Report Abuse

The old man was the last big buyer of these rubbish shares. I think he sapu all.

Posted by Jeffreyteck > 2019-06-04 11:17 | Report Abuse

Treat local laws like shit....

Posted by kenie > 2019-08-05 21:31 | Report Abuse

China companies Xingquan and China Stationery to be delisted on Aug 16
KUALA LUMPUR (Aug 5): Xingquan International Sports Holdings Ltd, which just marked its 10th year on Bursa Malaysia last month, is going to be delisted in less than two weeks, together with China Stationery Ltd.
The two China-based companies is facing regulatory action after continuously failing to issue their annual reports and audited financial statements, months after the stipulated timeframe specified under the listing requirements.
Both companies are now going to be delisted on Aug 16, unless they submit an appeal to Bursa Securities by Aug 13, according to the companies' separate stock exchange filings today.
Upon delisting, the companies will continue to exist but as an unlisted entity, the market regulator noted, adding they will still be able to continue their operations and businesses and/or proceed with their corporate restructuring, and that their shareholders can still be rewarded by the companies’ performance.
“However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities,” it wrote.
China Stationery has failed to issue its quarterly reports for the financial period ended Sept 30, 2017 until Sept 30, 2018, and its annual report for the 18 months ended June 30, 2018, for over six months from the stipulated timeframe until now.
Xingquan, on the other hand, has failed to issue its quarterly reports for its financial period ended March 31, 2017 until Sept 30, 2018; and its annual report for its financial year ended June 30, 2018, again over six months after the stipulated timeframe until now.
Trading of China Stationery shares has been suspended since Dec 5, 2017, while that of Xingquan's has been suspended since June 8, 2017.

Posted by rogers123 > 2019-08-06 10:35 | Report Abuse

Kyy, Bring all people to Hollad

Posted by speakup > 2019-08-06 12:20 | Report Abuse

speakup last time made a few k from this counter

Posted by speakup > 2019-08-06 12:22 | Report Abuse

how come kyy no sapu all & privatise xinquan?

Posted by speakup > 2019-08-06 12:23 | Report Abuse

kyy privatise xinquan will not cost him much

Posted by speakup > 2019-08-06 12:23 | Report Abuse

kyy dont want to be white knight?

Posted by CharlesT > 2019-08-06 18:57 | Report Abuse

Rip xinquan..i think superkoon still hold ard 10%

Posted by chinascamprc > 2019-08-06 19:02 | Report Abuse

Steal Malaysian Money And Still Operate Business In China https://mall.jd.com/index-189497.html https://gertop.tmall.com/

Posted by chinascamprc > 2019-08-06 19:02 | Report Abuse

Better warn chinese from China don't buy this company product, could be fake material

Posted by Ng Shu Tsung > 2020-01-20 08:30 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2020-01-18-story-h1482839952-The_Ugly_Mainland_Chinese_CSL_Xingquan_and_Maxwell.jsp

Posted by limitupupup > 2020-11-16 00:51 | Report Abuse

uncle kyy still have this????? or AT only hehe

Posted by Diamond7 > 2021-08-16 21:03 | Report Abuse

Is this counter relisted?

Posted by Sslee > 2021-08-17 09:58 | Report Abuse

Not to my knowledge.
Remain delist.