China man making China a very BAD name. Why Chinese Govt allows these types of companies to cheat people is a Question Mark. Msports until now no news too. Delisted just like that. Same old story like CAP.
Malaysian are very naive. Believe ponzi game , believe low risk high return, believe people are good kind will not cheat anyone. Then only realise they are paying high risk low return and even dunno he was been cheated.
China Automobile Parts Holdings Ltd (CAP) is expected to miss the deadline to submit the 1Q2017 financial results, while adding that it is unsure on when it can submit the report. The group’s risks suspension of trading if it fails to submit the report by 8th June, 2017. Earlier, its auditor, PKF has retracted its 2015 audit report, the first time in Malaysia an auditor has renounced reliability of a given prior audit opinion involving a public-listed firm. (The Star Online)
2015 report??? Only picked up by auditor Nowwww @ Cap_requisition
Totally con company. "...it is unsure on when it can submit the report...". They, BOD know nothing what the company is doing or have done or need to be done.
Analysis of Shareholdings AND WARRANT HoldingS As at 25 April 2014 (cont’d) TOP 30 SHAREHOLDERS (without aggregating securities from different securities accounts belonging to the same registered holder) No. Name of Shareholders No. of Shares Held % 1 Guotai International Holding Limited 183,750,000 30.63 ********************************************************************************************
GUOTAI INTERNATIONAL HOLDING LIMITED 20-Jun-2016 Notice of Person Ceasing 72,125,000 0.000?????????????????????????
Audit Committee Chairman Chung Wai Choong (Independent Non-Executive Director) Members Dr. Chen Boon Heow (Independent Non-Executive Director) Dato’ Seri Datuk Dr. Haji Jalaluddin bin Abdul Rahim (Independent Non-Executive Chairman) Lim Kock Hooi (Independent Non-Executive Director
Remuneration Committee Chairman Li Guo Qing (Managing Director) Members Dato’ Seri Datuk Dr. Haji Jalaluddin bin Abdul Rahim (Independent Non-Executive Chairman) Chung Wai Choong (Independent Non-Executive Director)
Shares will be suspended ...., as the company has failed to submit its quarterly report for the period ended ..., within the stipulated timeframe accorded by Bursa Malaysia.
"Rule 9.28(5) of the listing requirements stipulates that if a listed company fails to issue outstanding financial statements within five market days after the expiry of the relevant timeframe (suspension deadline) as stated in Rule 9.22 of the listing requirements, in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of the company,"
The company also risks delisting, should it fail to issue the outstanding financial statements within six months from the expiry of the stipulated timeframe.
"Pursuant to Rule 9.28 (6) of the LR, if a listed issuer fails to issue the outstanding financial statements within six months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take, delisting procedures shall be commenced against such listed issuer,"
Toilet paper / rubbish counter. Look at the financial report can know they not capable to run the biz. Quarter report also not sure when can submit. Everything not sure hahaa... game over
Many times i comment ask people nt to buy cap at least dated 1 1/2 years bck. I already say gt accounting problem. N i even suggest bursa authority audit its bank ac see whether there is any $ at the bank since its qr is profit yt the share price droping non stop.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lovebite
160 posts
Posted by Lovebite > 2017-05-29 12:22 | Report Abuse
Aiyoyo... better run for life or admitted to icu soon... mayday mayday