Posted by ideal88 > 2020-01-15 17:54 | Report Abuse

the court give the order to wind up the company

Posted by ideal88 > 2020-01-15 17:54 | Report Abuse

mean close shop.. how to get and pow?

Posted by ideal88 > 2020-01-15 17:55 | Report Abuse

ang pow

Posted by martinchua88332 > 2020-01-15 18:06 | Report Abuse

the shop will close next Tuesday.before that ,expect big show.

Posted by Depeche > 2020-01-15 18:38 | Report Abuse

Any white knight will have to shoulder the huge debts...based on profits from their historical QRs...it will take many years to recoup that amount...not a good investment....i may be wrong of course.

Posted by Michael Kwok > 2020-01-15 18:45 | Report Abuse

Come to buy Anzo 2.5 cent.Anzo restructure to have more businesses.London Biscuit got huge pile off debt.Anzo got more Ong.

Posted by tigerball > 2020-01-15 18:54 | Report Abuse

good closing.

Posted by ideal88 > 2020-01-15 19:47 | Report Abuse

after suspended next delisted what ang pow?

Posted by gohkimhock > 2020-01-15 19:48 | Report Abuse

all buyers are just throwing their money into the sea..

Posted by LONBISC > 2020-01-15 19:53 | Report Abuse

[attachement - DEBTORS_FNY2019.PDF]

List of receivables, past due and impaired as at

Posted by tigerball > 2020-01-15 20:26 | Report Abuse

2.5 cent go 5 cent is 100% gain. that simple

Posted by Trouble Huat > 2020-01-15 20:28 | Report Abuse

it already game over. dont believe those scammer word keep buying. liquitor already being appointed. game over. trust me

Posted by Alan Lobster > 2020-01-15 20:55 | Report Abuse

save yr hard earn money b4 its gone .......

Posted by bursabull > 2020-01-15 21:25 | Report Abuse

15-Jan-2020 Announcement

MATERIAL LITIGATION LONDON BISCUITS BERHAD ("THE COMPANY" OR "LBB") KINOS FOOD INDUSTRIES (M) SDN. BHD. ("KINOS"), WHOLLY-OWNED SUBSIDIARY OF LONDON BISCUITS BERHAD - WINDING-UP PETITION BY DESA POTENSI SDN. BHD. (WA-28NCC-1027-10/2019)

LONDON BISCUITS BERHAD

Type Announcement
Subject MATERIAL LITIGATION

Description
LONDON BISCUITS BERHAD ("THE COMPANY" OR "LBB")
KINOS FOOD INDUSTRIES (M) SDN. BHD. ("KINOS"), WHOLLY-OWNED SUBSIDIARY OF LONDON BISCUITS BERHAD - WINDING-UP PETITION BY DESA POTENSI SDN. BHD. (WA-28NCC-1027-10/2019)

We refer to the Company’s previous announcements dated 4 October 2019 and 11 October 2019 (“Announcements”).

The Company wishes to announce that at the hearing on 14 January 2020 and the Court has granted a winding up order against KINOS.

This announcement is dated 15 January 2020.

Posted by iwantberich > 2020-01-15 21:26 | Report Abuse

KINOS = LBB?

Posted by Alan Lobster > 2020-01-15 21:54 | Report Abuse

KUALA LUMPUR (Jan 15): The High Court has granted a winding-up order against London Biscuits Bhd's wholly-owned subsidiary Kinos Food Industries (M) Sdn Bhd for not being able to pay an RM5.003 million outstanding sum owed to Desa Potensi Sdn Bhd.

As such, Ling Sie Kiong of Messrs HC Advisory Sdn Bhd has been appointed as the liquidator of Kinos following the court order on Jan 14.

"Subsequent to the appointment of Ling Sie Kiong as liquidator, the company is currently assessing the situation," London Biscuits said in a bourse filing today.

"The company shall fully cooperate with the liquidator of KINOS to ensure the smooth running of the liquidation process," it added.

On Oct 4, 2019, London Biscuits announced it received a winding-up petition by Desa Potensi for the sum due by Kinos for the supply and delivery of goods.

Desa Potensi was claiming for RM5.003 million in unpaid invoices issued during the period from April 5 to June 21, 2019.

It is worth noting that a separate petition was served on London Biscuits by Desa Potensi on Sept 18, 2019, demanding the outstanding payment of RM16.41 million, being unpaid invoices owed by London Biscuits during the period from April 1 to June 30 last year.

It was also announced yesterday that trading of shares in London Biscuits Bhd will be suspended next Tuesday, until further notice.

Shares of London Biscuits closed at 2.5 sen, down one sen today, giving it a market capitalisation of RM7.27 million.

Still Dare to BUY ?

Posted by Jeffreyteck > 2020-01-16 08:32 | Report Abuse

... Another eg of poor market governance.... MEMBERSONE VENTURES FUND acquired 33million shares, price stated "0". Standard of Bursa requirements on disclosure?

Posted by Victor Yong > 2020-01-16 08:46 | Report Abuse

Hwa Tai next? :)

Posted by Victor Yong > 2020-01-16 08:47 | Report Abuse

To be delisted soon. As long as above 0 sen, just sell

Posted by veronteo > 2020-01-16 09:08 | Report Abuse

victor, let them buy. like b4b4 said, delist and suspension are 2 very big difference.

Posted by EatCoconutCanWin > 2020-01-16 10:22 | Report Abuse

london bridge is falling own....yeehaa.. fgv can't die, you think lonbisc can die meh..hahaha

Posted by ahkiang > 2020-01-16 10:46 | Report Abuse

all in 1k at 0.005 ~ see u at 10.05
then i got 2million

Posted by tigerball > 2020-01-16 10:47 | Report Abuse

where those rambos that bought that day ?

Posted by EatCoconutCanWin > 2020-01-16 10:58 | Report Abuse

big shark is collecting, nothing to worried.

Posted by hamos_wks > 2020-01-16 11:12 | Report Abuse

who is buying now? seems somebody is going to prepare for the huge gain???

Posted by Naz90 > 2020-01-16 11:13 | Report Abuse

what will happen to shareholder if london stock delist ?

Posted by B4b4 > 2020-01-16 11:17 | Report Abuse

Suspension and delisted are both completely different meaning.

Posted by taitaumau > 2020-01-16 11:38 | Report Abuse

Based on the latest QR (30/9/19), NTA = negative RM 0.25
As the company is being wound up under court order,it is highly possible that no residual asset will be returned to equity shareholders.

Posted by CITADEL > 2020-01-16 12:02 |

Post removed.Why?

Posted by Daily8 > 2020-01-16 12:09 | Report Abuse

Lonbis ..... need obituary preparation

Posted by Haw Liao > 2020-01-16 12:17 | Report Abuse

hahaha...

from 60sen last year to 1sen

anything possible in bolehland

Posted by B4b4 > 2020-01-16 13:01 | Report Abuse

Lonbisc is truly a big risk now.

Posted by B4b4 > 2020-01-16 13:51 | Report Abuse

Of course, high risk comes with big rewards.

Posted by Hush77 > 2020-01-16 13:51 | Report Abuse

shows that tak byk yg makan biskut sekarang

Posted by EatCoconutCanWin > 2020-01-16 14:19 | Report Abuse

why until now still trading? why not suspend if already delisted? this all is control by big shark. same like company loss making money still survive until today.

Posted by trap666 > 2020-01-16 14:31 | Report Abuse

B4b4 go back to your DGSB lah...come here to trap people inside this stock PULA !?

Posted by RX350 > 2020-01-16 15:21 | Report Abuse

trap666 Buy Buy BUY !!!!

WOW this bastard is here!

Promoting perisai until suspended now asking people but lonbisc LOL

Posted by tigerball > 2020-01-16 15:28 | Report Abuse

B4b4 Suspension and delisted are both completely different meaning.
----------------
hope you have sailang into lonbisc

Posted by tigerball > 2020-01-16 16:02 | Report Abuse

those said high risk high return people are really worst 'investor' of all time.

Posted by trap666 > 2020-01-16 16:44 | Report Abuse

stupid lah this B4B4 and RX350....same people always attack me...TRAP inside ur DGSB cave better lah...no need come out invest other stock lah.. SAILANG DGSBBBBB

Posted by Gala Kat > 2020-01-16 17:09 | Report Abuse

Looks like ' Holland ' Biscuit now..!

Posted by B4b4 > 2020-01-16 17:13 | Report Abuse

Trap666, why you follow me here? Just to let you know. I am also in Hibiscus, Dsonic and Inari too.

Posted by trap666 > 2020-01-16 17:23 | Report Abuse

Bcos I know you got buy this and claimed yourself as high risk investor...how silly~

Posted by Angielim9955 > 2020-01-16 20:13 | Report Abuse

其实它的食物不错。很多吃的。
有水准。
好好经营因该是蓝筹股。
什么人才可以把食品包赚的公司给搞到现在这样可怜。可笑。可惜。。

Posted by Trouble Huat > 2020-01-16 20:17 | Report Abuse

gg.com for those buyer

Posted by Alan Lobster > 2020-01-16 20:26 | Report Abuse

high risk until become zero risk soon .....

Posted by TonsilBasher > 2020-01-16 20:31 | Report Abuse

haha GG already.

Posted by SweetNovember > 2020-01-16 21:59 | Report Abuse

Breaking news!!!! Announcements on Saturday & Sunday!!!!! Surprice all KLSE investor!!!

Posted by sensonic > 2020-01-16 23:05 | Report Abuse

MARKET SO STRONG, HAVE U GET YOUR CNY ANYPOW FROM THIS RALLY?

Posted by ivan9511 > 2020-01-17 00:48 | Report Abuse

Is no point to say any negative. Just hope miracle.
Must have good heart then only can do good business.
Be a good person then only can play share
This world should full of kind not evil
.