Posted by winfai > 2016-06-15 08:26 | Report Abuse

Tiger show is better than no show...

Posted by tanthu > 2016-06-15 08:47 | Report Abuse

8.59 buy que missing

Posted by Diven Teh > 2016-06-15 09:46 | Report Abuse

evertime say next 16 c but never come..................

Posted by moguiyu > 2016-06-15 12:00 | Report Abuse

昨天一阵“轰”，今天冷清清。。。。

Posted by holy > 2016-06-15 15:50 | Report Abuse

day after day after day.....

Posted by bruce5113 > 2016-06-15 19:09 | Report Abuse

be patient...up up up..dps... :-D :-D :-D

Posted by Hein > 2016-06-15 21:41 | Report Abuse

Ball is round.

Posted by charlie chia > 2016-06-15 22:08 | Report Abuse

Time to rebound
Further announcement on the court case matter is around the corner

Posted by bruce5113 > 2016-06-15 23:14 | Report Abuse

hein,..what ball u mean? up up up...dps... :-D :-D :-D

Posted by mango2 > 2016-06-16 00:57 | Report Abuse

Woh, DPS is really geng!
When we expect maybe MSIG appeal to the Federal Court on the Court of Appeal decision, it is now the other way round, DPS appeal to the Federal Court !! (maybe on the COA's decision that the issue of damages to be send back to High Court for reassessment)

Case No is 08-264-05/2016, fixed for Case Management on 21/6/2016.

http://efiling.kehakiman.gov.my/eFiling/WebRequestEntry?PAGE=999998&PARAM_WS_NAME=SEARCHBYDATEWS&STR_CASE_HEARING_DATE=20160621000000&STR_COURT_LOC_ID=7fdf0bdc-9449-469f-bf37-8ccedc4d6275

Posted by charlie chia > 2016-06-16 01:29 | Report Abuse

Mango 2
What does it meant

Posted by mango2 > 2016-06-16 01:58 | Report Abuse

It mean DPS is not satisfied with the Court of Appeal's decision that damages (i.e. the amount to be paid by MSIG to DPS) to be reassessed in the High Court, and they appeal to the Federal Court on this point.
[Damages to be reassessed in the High Court mean that the amount to be paid by MSIG to DPS is to be deliberated again in the High Court with new hearings and new decision on the amount of damages]

DPS want the original Judgment Sum awarded in the High Court, which is RM19,496,398.90, WITHOUT the quantum (i.e. the amount of damages) to be reassessed in the High Court again, as any reassessment of damages may result in lower sum awarded to DPS.

If DPS win in the Federal Court, then there will no need for reassessment of damages in the High Court and DPS will get the full original Judgment Sum awarded in the High Court, which is RM19,496,398.90.

Even if DPS lose in the Federal Court, it does not mean DPS do not get any money, just that the issue of quantum whereby the matter be sent back to the High Court for a reassessment of damages.

Posted by mango2 > 2016-06-16 02:01 | Report Abuse

Charlie chia, hope that clarify.

Posted by charlie chia > 2016-06-16 07:56 | Report Abuse

Thks Mango2

Posted by sulaimanab1955 > 2016-06-16 08:29 | Report Abuse

For the past 2 years till now still same price!

Posted by winfai > 2016-06-16 08:54 | Report Abuse

Litogation in court of appeal take six months to have results, federal court will take how long??? Mayb 4th quarter only got results. If the results not favor dps, then case will forward back to high court, then another 6 months???? If you buy on material litigation bet, be prepare to keep this stock for ar least few month and hopefully everything turn out positive....

Posted by naaim207 > 2016-06-16 09:16 | Report Abuse

so, another waiting game..

Posted by Patrick13 > 2016-06-16 09:24 | Report Abuse

Why DPS want to take this risk again?

Posted by winfai > 2016-06-16 10:04 | Report Abuse

Thank u mango2 for sharing info.... two thumb up for u.

Posted by BorneobinMalaya > 2016-06-16 10:23 | Report Abuse

no risk at all. DPS already won. just the ammount need to be reassessed.
so we gonna wait again.

Posted by moguiyu > 2016-06-16 10:35 | Report Abuse

万事俱备，只欠东风。。。。东风。。。。东风。。。。
猪哥亮说的............好像是..........

Posted by Hein > 2016-06-16 10:42 | Report Abuse

another one year to wait. we become long term investor. luckily i can focus on my pallet business. if no, wait till KI SIAO.

Posted by mango2 > 2016-06-16 12:17 | Report Abuse

Why DPS want to take this risk again? I think DPS is taking a calculated risk.

If the issue of quantum whereby the matter be sent back to the High Court for a reassessment of damages, at the end of the day, DPS may get less damages awarded, maybe say RM15 million, instead of the full High Court Judgment sum of about RM19.5 million.

If DPS appeal to the Federal Court on this issue of reassessment of damage in the High Court and if they win, they will get the full judgment sum of about RM19.5 million.

Even if DPS lose in the Federal Court, the matter will still be send back to the High Court for reassessment of the damages. DPS only got to lose the Federal Court costs and their legal fees in the Federal Court, which I expect to be around RM100K and RM500K respectively (note that the costs in the High Court and Court of Appeal matters were RM50K each, we expect more costs in the Federal Court).

So if u weight the pro and con:
- If DPS does not appeal to the Federal Court, they may "lose out" RM4.5 million in the damages (assuming the new damage amount after reassessment is RM15 million).
- If DPS appeal to the Federal Court and win, they will get the full RM19.5 million (so in a way they "earn" RM4.5 million). Even if they lose in the Federal Court, the most they lose is about RM600K (i.e. RM100K for Federal Court costs and RM500K for their legal fees in the Federal Court).

So DPS weight the pro of "profit" RM4.5 million and con of "lose out" RM600K, the pro side definitely overweight the con side. That is why DPS appeal to the Federal Court.
Wouldn't u appeal to the Federal Court if u are in their shoes?

------------------------------------------------------------------------------
Posted by Patrick13 > Jun 16, 2016 09:24 AM | Report Abuse

Why DPS want to take this risk again?

Posted by Patrick13 > 2016-06-16 13:06 | Report Abuse

mango2 thanks for your reply. Now I fully understand.

Posted by decentguy > 2016-06-16 14:13 | Report Abuse

But basically the 4m extra wont hv much effect on the share price..all this will Only more delay to the settlement...)))

Posted by Hein > 2016-06-16 17:10 | Report Abuse

Mango2, you are so good in court procedure. Thank you for sharing. Do you got idea how long have to wait.

Posted by Hein > 2016-06-16 17:24 | Report Abuse

DC, dps one year profit is so low until 4m to them is very big. what to do.

Posted by mango2 > 2016-06-16 17:44 | Report Abuse

Hein, I guess at least 6 mths and possibly more than 1 year to complete the Federal Court case.

As I said earlier on 16/5/2016, any appeal to the Federal Court from Court of Appeal must start with an application to the Federal Court for an approval to appeal, the legal term is "Leave to Appeal". This may take several months to complete.
(Pls refer to section 97(1) of the COURTS OF JUDICATURE ACT 1964 - on page 50 of http://www.vertic.org/media/National%20Legislation/Malaysia/MY_Courts_Judicature_Act.pdf)

Once the Leave to Appeal is granted by the Federal Court, then the appeal proper can proceed. The appeal proper may take another several months.

So u see, appeal in the Federal Court is proceeded in 2 stages. Once the 1st stage (i.e. "Leave to Appeal") is granted by the Federal Court, then proceed to the 2nd stage, i.e. the appeal proper.

So if DPS "Leave to Appeal" was not granted by the Federal Court, then it will finish earlier in several months and the matter be send back to the High Court for reassessment of damages.

If DPS "Leave to Appeal" was granted by the Federal Court, then it is proceeded to the 2nd stage, i.e. the appeal proper, then the whole process may about 1 year or more.

Posted by decentguy > 2016-06-16 17:55 | Report Abuse

这次真的要等到花儿也谢了。。。。))

Posted by mango2 > 2016-06-16 18:06 | Report Abuse

Since we are already surprised by DPS in them appealing to the Federal Court (rather than MSIG appeal to the Federal Court), may be there will be more surprise in the future.
Such as both parties come to an amicable settlement (i.e. they agree on a claim sum) and the litigation stop. In that event DPS will get the claim soon and no need 等到花儿也谢了。

Posted by decentguy > 2016-06-16 18:16 | Report Abuse

All this dragging due to their indifferent of claim amount...so chances of out of court settlement is very very low....)))

Posted by decentguy > 2016-06-16 18:25 | Report Abuse

Mango thx for all the info...atleast we all clear now whats going on.....)))

Posted by Diven Teh > 2016-06-16 18:41 | Report Abuse

Siapa mau simpan boleh simpan. Siapa mau jual boleh jual.

Posted by DreamCenturion > 2016-06-16 18:50 | Report Abuse

Lu manyiak butut ciakap

Posted by stncws > 2016-06-16 20:06 | Report Abuse

TP RM0.30 REMAINS BY MS YEN

Posted by bruce5113 > 2016-06-16 20:29 | Report Abuse

dreamcenturion, u cakap siapa banyak buntut cakap? :-D up up up...dps... :-D :-D :-D

Posted by JJchan > 2016-06-16 20:49 | Report Abuse

Just Dps's lawyer strategy-----saved time ( prevent msig from repeating the same procedure)
If Federal Court refused to take the case then msiq has no other option but to settle the
case in High Court

Posted by Hein > 2016-06-17 02:20 | Report Abuse

Thanks Mango2 to explain so detail. 1 year time... quite long. Haha... just keep. Thanks to other for sharing opinion.

Posted by Hein > 2016-06-17 08:00 | Report Abuse

My remiser point same as you JJ

Posted by JJchan > 2016-06-17 11:14 | Report Abuse

If Federal Court takes the case on quantum basis then MSIQ must reject it immediately bcoz
they cannot appeal again if they accepted quantum basis.........now msiq is trapped......
Federal Court judgment cannot be refered back to High Court (to delay)......also Federal Court
judgement on quantum is also 1-2 days ( i said Appeal Court need only 1 day--is correct too)

Waiting for 21 June outcome

Posted by naaim207 > 2016-06-17 12:39 | Report Abuse

thanks Mango & JJchan on the legal infos. hopefully, these will lead to positive movement of DPS share price.

Posted by JJchan > 2016-06-17 12:58 | Report Abuse

Msiq is employing Delay tactics-----They should be the first one to appeal to federal Court------
But then like i first said ---what are chances Federal Court will accept the case so they like
the idea of going back to high court for quantum and the appeal again to Federal Court for
reveiw of quantum----drag until dps accept a Lower compensation value

Posted by Hein > 2016-06-17 13:22 | Report Abuse

you jj and mango like lawyer. i dont know law, just when block by police, i give them quantum. then release. this law i know, lol

Posted by bruce5113 > 2016-06-17 14:37 | Report Abuse

become attorney general lagi best, lawyer and police also scare... :-D up up up...dps... :-D :-D :-D

Posted by Bren21 > 2016-06-17 19:56 | Report Abuse

We learn something everyday.... but much more today !! Hopefully it works to the benefit of DPS community. Good luck guys !

Posted by stncws > 2016-06-18 19:26 | Report Abuse

SDIKI COLLECTS ENOUGHT...
see Monday gap up!

Posted by bruce5113 > 2016-06-19 13:40 | Report Abuse

sedikat- sedikat lame lame jadi bukat... :-D up up up...dps... :-D :-D :-D

Posted by Patrick13 > 2016-06-20 13:07 | Report Abuse

slow slow wait..

Posted by shareking1 > 2016-06-20 16:48 | Report Abuse

Tomorrow court case?

Posted by mango2 > 2016-06-20 17:16 | Report Abuse

Yes. Tmr court case. It is only for case management for the court to check status of the case and to give directions. Do not expect anything major come out. Just a new date.