Posted by chongkahagent > 2019-11-30 16:03 | Report Abuse

Nvrmind cash settlement will be distributed to shareholder

Posted by Gem Seeker > 2019-12-01 08:04 | Report Abuse

See this

https://www.klsescreener.com/v2/news/view/606690

Took more than 12 years ...

They just need fork out cash to close the case.

Dont expect SC to do anything. World is cruel. If you have money/ power , you are basically above law.

Posted by chongkahagent > 2019-12-01 13:01 | Report Abuse

Someone shd report to sc abt ooi quickly so he will push up d price

Posted by Gem Seeker > 2019-12-03 19:44 | Report Abuse

Dont think it will work.
Malaysia is all about goreng

Posted by Gem Seeker > 2019-12-19 13:54 |

Post removed.Why?

Posted by Gem Seeker > 2019-12-19 14:09 | Report Abuse

I still remember a guy name Lim Ghin chai spoke like crown at Busy weekly dinner.
That time HHGROUP price was around 90c.
After 2 year , it drop to merely 4c...

Life is unpredictable. Too bad.

Bursa doesn't do anything too.

Posted by Gem Seeker > 2019-12-26 14:57 |

Post removed.Why?

Posted by CharlesT > 2020-01-16 13:07 | Report Abuse

10 into 1 soon...rm0.035 x 10=rm0.35..follow by rights issues 7x rm0.25=rm1.75..500% capital outlay required...crazy

Posted by CharlesT > 2020-01-16 13:09 | Report Abuse

As crazy as icon...also about 500% capital outlay required for the rights issues...OCS vs Ekuitinas....

Posted by Gem Seeker > 2020-01-16 18:39 |

Post removed.Why?

Posted by fl888 > 2020-01-16 18:59 | Report Abuse

What about Vortex shares, SC should investigate why from 27cts drop to 11.5 cts within a week and no UMA from KLSE..

Posted by Sheila James > 2020-01-17 00:08 | Report Abuse

Anybody knows when it will resume trading or suspended forever?

Posted by chongkahagent > 2020-01-17 07:53 | Report Abuse

Should jail ooi cheng sim.
He has a plan after setting deal with existing heng huat boss hng .( he usually approach medium sized conpany to speculate, ie mtronic.. recently bought binapuri
Hng sold substantial control shares to ooi..but ooi still cannot goreng bcos outsider still hold a lot of shares.so ooi formulate his usual plan-

1- sell d share from 20c to 6c
2- at 6c many investors bought higher still average down so ooi didnt accumulate much share back from wht he sold
3- so he announce 10-1 capital reduction , all investor sold their share n ooi accumulate.
4 after consolidation , 1-7 rights issue; ooi anticipate not many will buyso he will subscrice most RI n emerge controlling shareholder
5- he will crrate good result n good news and dispose cheaply bought shares then n run away ( leaving stupid investors trapped in high price n rugi besar )

Insider trades - ooi sold 20v n bought back 4c- made huge profit at d expenses of innocent investors.

So investors getting annoyed n sc is invedtigating atta n heng huat( both hold by ooi)

Atta n heng huat 30 major shareholders mostly are ooi 's proxies( so ooi can evade from suspicion of insider trading)

Sc should investigate to resume investor confidence

Posted by chongkahagent > 2020-01-17 07:57 | Report Abuse

I believe annoyed heng huat shareholder who lost big money reported sc on insider trading of ooi.

During former boss era , hh share nvr traded below 13c

But if major shareholder want to press down share price, investors cannot do anythg bcos only ppl wt lots of share can manipulare d share movement

Posted by chongkahagent > 2020-01-17 08:00 | Report Abuse

Investors who lost from this insider trading should lodge report to sc .

Msia laws- 10 years jail n rm 1 million fine upon conviction of insuder trading.

Refer supermax cheryl tan ( stsnley wife) case .. she was jailed 5 years

Posted by chongkahagent > 2020-01-17 08:04 | Report Abuse

Consulted lawyers- investors can sue sc for wrongful suspension due to suspecting a wrongdoing of ooi , sc should not suspend d tradung and now all investors are suffered loss due to ooi's mistakes.
Heard innocent atta shareholders had mulling such legal action against sc-
It is unfair to investors!!!

Posted by nava_87 > 2020-01-17 11:36 | Report Abuse

will this share trading resume trading??

Posted by chongkahagent > 2020-01-17 18:31 | Report Abuse

It will resume trading definitely after sc has completed investigation on errant practices of d director

Posted by chongkahagent > 2020-01-17 18:32 | Report Abuse

Sc will charge ooi i believe .

Jail 10 years waiting for conman

Posted by EatCoconutCanWin > 2020-01-17 18:34 | Report Abuse

same case as london biscuit?

Posted by Gem Seeker > 2020-01-17 21:18 | Report Abuse

I agree with @chongkahagent.
Ooi should be investigated for manipulating so many counters in Malaysia. Especially in HHGROUP. How does it possible to DBT with more than 80% discount! During the time DBT it was around 20c , but he DBT with 4-4.5c which is so much discount. He then disposed from 20c until 3.5c
After disposed all , he will do right issue to recollect.

Ooi chieng sim should be jailed !!! SC should investigate on him

Posted by chongkahagent > 2020-01-18 09:39 | Report Abuse

Ooi plan is :

First to reshuffle d shareholdings by reducing others percentage.

RI will receive lukewarm response , he will subscribe all n corner the share

Thereafter, he will goreng

Posted by chongkahagent > 2020-01-18 09:42 | Report Abuse

Further check with atta top 30 shareholding.


Heng huat n atta top 30 are all ooi proxies.

Sc should investigate movement of share for proxies.

Who sold at 20c ( before annouce capital reduction) n who collect at 4c

Very easy can get d evidence at charge d culprit for insider trading

Posted by chongkahagent > 2020-01-18 09:47 | Report Abuse

Ooi plan to abnounce capital reduction so he sold all his share that he bought from hng( current boss of hh) @20c .

Then share drop to 6c.he further dampen n press down d price by annoucing 10-1 reduction..share price furtger drop to 4c.( it drag abt 2 mths n he keep collecting back)

Sc- is this not frauds? Is this bot involved insider trading??

Whoever holds heng huat all crying n lucking wounds now.

This is d dirty trick major shareholder like ooi con d shareholders.

Posted by Gem Seeker > 2020-01-18 11:07 |

Post removed.Why?

Posted by Gem Seeker > 2020-01-18 12:25 |

Post removed.Why?

Posted by chongkahagent > 2020-01-18 16:56 | Report Abuse

Why sc suspend d trading??

Ooi involved in insider trading crime sc should not punish other bona fide shareholders.

Sc should instead issue statement to disclose d ongoing development , not suspend d trading.

Why must shareholders be punished since d fraudulent syspect is ooi? Shateholder are investing in a company n promote trade n economy- why sc punish them???

Posted by chongkahagent > 2020-01-18 16:58 | Report Abuse

Shareholder os now become scapegoat n could institute an action to bring sc to court to protect their benefit.

Share not traded is like money being burned- this incident will jeopardise malaysia bursa capital credibility n integrity

Posted by chongkahagent > 2020-01-18 17:03 | Report Abuse

Sc set a wrong precedence that sharehokders have to be accountable on d conduct of Directors..

Like if u invest in public bank n its directors commit a breach of conduct, u will be punished.

Fair???

Posted by Gem Seeker > 2020-01-19 10:30 |

Post removed.Why?

Posted by chongkahagent > 2020-01-19 12:30 | Report Abuse

All 30 largest shareholders of heng huat n atta are ooi's proxies. Sc shd investigate each n every carefully .they juz borrow their account for ooi to manipulate d share trading??

During mr hng time , share price nvr drop below13c. Immediately after ooi was declared mahir shareholdwr, share drop fr 13-4c.. this is d methos ooi use to depreciate shareholder knowing that his next move is to announce restructure10-1.

Apparent insider trading CRIME!!

But disgruntled bone fide atta shareholder are being penalised by having their hard earned money n share being suspended despite they hv done no wrong..

Sc need to rectify this wrongful decision to suspend counter in order to restore investors confidence on bursa generally.

Posted by chongkahagent > 2020-01-19 12:33 | Report Abuse

Sc should suspend d proposed capital reduction instead if it intends to protect ninority shareholders interest

Posted by chongkahagent > 2020-01-19 12:33 | Report Abuse

Ex date of capital reductuob- 30 jan 2020 shs be postponed

Posted by Gem Seeker > 2020-01-19 22:21 | Report Abuse

Hope SC can see this thread. I agree. HHGROUP nvr traded below 10c until Mr Hng time.
This Ooi CB & Lim lao Shai really should be probed.

Posted by fl888 > 2020-01-20 08:51 | Report Abuse

What about Eugene Goh of Vortex....SC should investigate his Modus operandi...also..before more minority shareholders get hurt too?

Posted by bnmacai > 2020-01-20 09:28 | Report Abuse

Jho Low is from Chung Ling high school
Ooi also from Chung Ling.

Were they friends before this?

Posted by Gem Seeker > 2020-01-20 10:32 |

Post removed.Why?

Posted by Gem Seeker > 2020-01-20 10:50 | Report Abuse

Burned *

Posted by Collin Soo > 2020-01-20 10:53 | Report Abuse

Why i can't found Ooi's photo in annual report or Google search?

Posted by Gem Seeker > 2020-01-20 11:05 | Report Abuse

@Collin Soo .
Ooi just joined in Nov 2019

Posted by bnmacai > 2020-01-20 11:07 | Report Abuse

Just a simple google, you’ll be able to find his photo.

Posted by Gem Seeker > 2020-01-20 12:05 |

Post removed.Why?

Posted by chongkahagent > 2020-01-20 13:54 | Report Abuse

Called to heng huat office.secretary gave ooi tel number...

Hp: 0124867930

Posted by chongkahagent > 2020-01-21 08:55 | Report Abuse

Why no news from company or sc about d development of investigation.
when sc will charge ooi for insider trade

Posted by chongkahagent > 2020-01-21 08:56 | Report Abuse

Sc just need to interogate ppl who sold share before d price slump.sellers are all ooi's 0roxies

Posted by chongkahagent > 2020-01-21 08:57 | Report Abuse

Those big volumn seller sold from 20c -3c ..all must be interoggated.remisier who transacted for ooi should not be spared..

Posted by Gem Seeker > 2020-01-22 10:01 | Report Abuse

I have tried to call their office. No one is picking up

Posted by Sheila James > 2020-01-22 11:54 | Report Abuse

Will they suspend this counter forever? Is that possible?

Posted by Sheila James > 2020-01-22 11:55 | Report Abuse

starting to get worried.

Posted by BullRun_93 > 2020-01-22 11:59 | Report Abuse

@Sheila James
yes they may do that.....that is why never hold a PN17 counter cos you are at BURSA mercy.....a friend of mine lost all to UTUSAN (delisted PN17 counter)