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BURSA MASTER
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« on: February 03, 2012, 03:20:04 PM » |
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MAXBIZ WILL BE SUSPENDED ON 14FEB AND DELISTED ON 16FEB. IN THE EVEN IF THEY SUBMIT THE APPEAL FOR EXTENTION OF TIME THEN THE DE-LISTING WILL BE DEFFERED UNTIL BURSA DECIDE ON THE APPEAL REQUEST. HOWEVER THE SUSPENSION OF TRADING WILL STILL HAPPEN.
HOWEVER THE WINDINDG UP PETION BY PUBLIC TRUSTEE WILL BE HEARD ON 16FEB. IN THE EVENT THE COURT AGREE TO WILL WIMDUP MAXBIZ; THEN THERE WILL NOT BE A MAXBIZ IN EXISTENCE. SO THE REGULARISATION PLAN CANNOT BE ENFORCE SINCE MAXBIZ DON'T EXIST ANYMORE.
IT IS BETTER TO STAY CLEAR OF MAXBIZ !!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Malaysia's Biggest Investment Forum
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« on: February 03, 2012, 03:20:04 PM » |
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Tahi Lalat Franchis
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« Reply #1 on: February 03, 2012, 03:22:34 PM » |
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Like LCL last time...
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dkpm8910
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« Reply #2 on: February 03, 2012, 03:23:17 PM » |
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how can the company secured rm550 millions contracts but failed to submit a regularisation plan?? this is really CON if this is the case and SC condone???
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ginkobiloba
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« Reply #3 on: February 03, 2012, 07:48:19 PM » |
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how can the company secured rm550 millions contracts but failed to submit a regularisation plan?? this is really CON if this is the case and SC condone???
Bursa jurisdiction ma... What la u... U got read bursa website or not? Loi n loa on the verge of pn17 regularisation plan.. Very fishy lor.. Thats why bursa whack them left n right on the project.. Got read or not? If no read then become blind investor lor.. Then loose money lor... |
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God gave you a brain. Use it wisely to swing trade. Kekeke
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harry77
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« Reply #5 on: February 03, 2012, 09:52:54 PM » |
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Who bought at 0.15 ma die straight straight?
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Oly Shyte
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« Reply #6 on: February 03, 2012, 09:56:54 PM » |
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Who bought at 0.15 ma die straight straight?
That's life in a PN17 world......  |
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Disclaimer: Every "I EAT" thread created were totally owned by Oly Shyte based on personal observation. It does not represent any stock promotion, buy, hold or sell call and most importantly gathering followers. Please make your own decision wisely! - OLY Securities Research
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ginkobiloba
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« Reply #7 on: February 03, 2012, 09:57:20 PM » |
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I think u only the saddest lor.. Whole money into one big incinerator isit? Condolences lor... Harry, bila mau hantam harvest lagi? Saya lagi mau main haaaa.. Hehe |
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God gave you a brain. Use it wisely to swing trade. Kekeke
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mshahrj
Regular Member
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Posts: 31
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« Reply #8 on: February 03, 2012, 10:00:57 PM » |
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I think u only the saddest lor.. Whole money into one big incinerator isit? Condolences lor... Harry, bila mau hantam harvest lagi? Saya lagi mau main haaaa.. Hehe
Still can feel the pain with MMM and MTONE!! Never trust the appeal..... |
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harry77
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« Reply #9 on: February 03, 2012, 10:06:37 PM » |
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9342 no down ma, today up, next weds will hantam...
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ginkobiloba
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« Reply #10 on: February 03, 2012, 10:11:26 PM » |
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9342 no down ma, today up, next weds will hantam...
 ?. Itu rc bg error market haaa.. Semua kayu company mau hantam ka? Lol. Lagi beli ayam... Lidt harvest huat big time oooo?. Kui kui kui.. |
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God gave you a brain. Use it wisely to swing trade. Kekeke
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huat8888
Junior Member
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Posts: 8
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« Reply #11 on: February 03, 2012, 10:12:52 PM » |
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this kind of announcement come out liao, think next week should b no buyer in the q liao
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ginkobiloba
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« Reply #12 on: February 03, 2012, 10:14:47 PM » |
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this kind of announcement come out liao, think next week should b no buyer in the q liao
Shud not hve been sold to the public in the first place..  But i see just now got brave heart ppl stil buying circa 4-5sen.. Respect oo.. |
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God gave you a brain. Use it wisely to swing trade. Kekeke
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harry77
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« Reply #13 on: February 03, 2012, 10:15:13 PM » |
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Wat annoucement?
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Dearep
Junior Member
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Posts: 18
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« Reply #14 on: February 04, 2012, 01:19:29 PM » |
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Saturday February 4, 2012 Maxbiz to appeal against delisting PETALING JAYA: Maxbiz Corp Bhd intends to appeal against Bursa Malaysia’s decision to remove the securities of the company from the stock exchange. In a filing with Bursa Malaysia, the company said the board intended to submit an application to Bursa Securities to appeal against Bursa Securities’ decision to remove the securities of the Company from the Official List of Bursa Securities. (See what happen next)  |
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Accerd
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« Reply #15 on: February 04, 2012, 01:20:57 PM » |
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Wat annoucement?
Delisting apa lagi....poor souls kalah teruk in this counter. |
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Current holding:
Longterm :- UOADEV SCICOM MRCB PCHEM BPLAS JCY
CSL RM 1.424
MAS RM 1.237 NICORP 0.456
HARVEST 0.617 AGLOBAL 0.1837
XDL 0.235 HARVEST-WA 0.478
HWGB 0.395
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GoGo
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« Reply #16 on: February 04, 2012, 02:43:17 PM » |
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HUAT HUAT HUAT
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gojifruit
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« Reply #17 on: February 04, 2012, 04:19:06 PM » |
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i believe next week still can play contra.... |
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$$$Money make Money$$$
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BURSA MASTER
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« Reply #18 on: February 04, 2012, 04:42:01 PM » |
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LIKE I SAID GET OUT BY ALL MEANS. IF DELISSTING DEFFERRED; BUT SUSPENSION ON 14FEB IS STILL ON
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kashaha
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« Reply #19 on: February 04, 2012, 10:16:54 PM » |
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No valentime
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ginkobiloba
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« Reply #20 on: February 04, 2012, 10:43:25 PM » |
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i believe next week still can play contra.... U must really have titanium balls.. Respect if u dive in. Hehehe |
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God gave you a brain. Use it wisely to swing trade. Kekeke
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kashaha
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« Reply #21 on: February 04, 2012, 10:48:09 PM » |
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Not the balls.. The stick is very strong
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GoGo
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« Reply #22 on: February 04, 2012, 11:16:12 PM » |
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Certified. Those who r holding', last chance to dump on wed else Lin zha du mou.
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HUAT HUAT HUAT
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PMV
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« Reply #23 on: February 04, 2012, 11:36:14 PM » |
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Certified. Those who r holding', last chance to dump on wed else Lin zha du mou.
this is the only answer    |
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P for Passion
M for Mission
V for Vision
We need all these to win!!
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snowbreeze
Regular Member
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Posts: 43
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« Reply #24 on: February 05, 2012, 01:51:26 AM » |
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pls do research lah...
in KLSE.....only less than....less than 15% get out of PN17...
so worth the bet??
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Malaysia's Biggest Investment Forum
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« Reply #24 on: February 05, 2012, 01:51:26 AM » |
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BURSA MASTER
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« Reply #25 on: February 05, 2012, 07:30:23 PM » |
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SOME IGNORANT PUNTERS R STILL BUYING THIS CTR. I DONT UNDERSTAND THE RATIONALE
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ikan Besar
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« Reply #27 on: February 05, 2012, 07:36:40 PM » |
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SOME IGNORANT PUNTERS R STILL BUYING THIS CTR. I DONT UNDERSTAND THE RATIONALE
betul bor kia see, hor eh dia punya lau peh ada itu kim swa , u know or not |
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GoGo
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« Reply #28 on: February 05, 2012, 11:24:19 PM » |
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SOME IGNORANT PUNTERS R STILL BUYING THIS CTR. I DONT UNDERSTAND THE RATIONALE
Hoping to make a fortune from rebound. They r darenism. |
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HUAT HUAT HUAT
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gojifruit
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« Reply #29 on: February 06, 2012, 10:27:29 PM » |
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still got 3 days.... |
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$$$Money make Money$$$
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GoGo
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« Reply #30 on: February 06, 2012, 10:39:37 PM » |
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HUAT HUAT HUAT
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gojifruit
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« Reply #31 on: February 07, 2012, 06:09:19 PM » |
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$$$Money make Money$$$
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Tahi Lalat Franchis
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« Reply #32 on: February 08, 2012, 03:46:23 PM » |
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Any chances for a rebound before next Monday?
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Tahi Lalat Franchis
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« Reply #33 on: February 09, 2012, 03:28:00 PM » |
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Can buy now and wait for it to rebound?
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Dearep
Junior Member
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Posts: 18
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« Reply #34 on: February 09, 2012, 08:24:33 PM » |
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Type : Announcement
Subject : WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description : MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- APPOINTMENT OF RECEIVERS AND MANAGERS OF M.K.K. INDUSTRIES SDN BHD
Announcement Details/Table Section :
The Board of Directors of Maxbiz wishes to announce that M.K.K. Industries Sdn. Bhd. (“MKK”), a wholly-owned subsidiary of Maxbiz, incorporated in Malaysia and CIMB Bank have agreed to appoint Mr. Michael Joseph Monteiro and Mr. Heng Ji Keng of Ferrier Hodgson MH Sdn. Bhd. jointly and severally as Receivers and Managers (“R&Ms”) of MKK by virtue of debenture dated 30th May 2003 giving the holder thereof fix and floating charges of MKK. The R&Ms would also be conducting a proof of debt exercise requested by MKK as there have many fraudulent claims against MKK dating to before the listing of Maxbiz.
(a) Date of appointment of the Receivers and Managers
8 February 2012.
(b) The details of MKK
MKK is a wholly owned subsidiary of Maxbiz with an authorised capital of RM5,000,000.00 divided into 5,000,000 ordinary shares of RM1.00 each and issued and paid-up capital divided into 2,000,000 ordinary shares of RM1.00 each. Its principal activity is commercial dyeing for fabrics.
(c) Where the appointment is in respect of a subsidiary, a confirmation as to whether the subsidiary is a major subsidiary
MKK is a major subsidiary of Maxbiz.
(d) The net book value of the affected assets
The net book value of the affected assets will be furnished upon assessment of the financial impact after discussion with the R&Ms with the list of the affected assets.
(e) The details of the events leading to the appointment of the Receivers and Managers
MKK had met with CIMB Bank and agreed to appoint the R&Ms because there were creditors that claimed that the machines purchased by MKK in 2000 and 2001 were unpaid and wanted to take possession of the said machines. The records of the fixed assets of MKK states that the machines were fully paid for when Maxbiz acquired 100% of the equity of MKK, this discrepancy is one of the issues raised in the Maxbiz suit against the advisers. Ferrier Hodgson was also the investigative auditor that uncovered the irregularities.
(f) The financial and operational impact of the aforesaid appointment on the Group
The financial impact will be assessed upon discussion with the R&Ms, no operational impact as MKK is working together with the R&Ms for the continuing of the operationals.
(g) The expected losses, if any, arising from the aforesaid appointment
There could be some legal costs associated with the appointment of lawyers to advise the Company. This is not determinable at present.
(h) The steps taken or proposed to be taken by Maxbiz in respect of the aforesaid appointment
MKK will be working together with the R&Ms and the operations would continue pending the restructuring program by Maxbiz.
This announcement is dated 9 February 2012.
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amazon83
Regular Member
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Posts: 52
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« Reply #35 on: February 09, 2012, 08:27:03 PM » |
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Type : Announcement
Subject : WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description : MAXBIZ CORPORATION BERHAD ("MAXBIZ" OR "THE COMPANY")
- APPOINTMENT OF RECEIVERS AND MANAGERS OF M.K.K. INDUSTRIES SDN BHD
Announcement Details/Table Section :
The Board of Directors of Maxbiz wishes to announce that M.K.K. Industries Sdn. Bhd. (“MKK”), a wholly-owned subsidiary of Maxbiz, incorporated in Malaysia and CIMB Bank have agreed to appoint Mr. Michael Joseph Monteiro and Mr. Heng Ji Keng of Ferrier Hodgson MH Sdn. Bhd. jointly and severally as Receivers and Managers (“R&Ms”) of MKK by virtue of debenture dated 30th May 2003 giving the holder thereof fix and floating charges of MKK. The R&Ms would also be conducting a proof of debt exercise requested by MKK as there have many fraudulent claims against MKK dating to before the listing of Maxbiz.
(a) Date of appointment of the Receivers and Managers
8 February 2012.
(b) The details of MKK
MKK is a wholly owned subsidiary of Maxbiz with an authorised capital of RM5,000,000.00 divided into 5,000,000 ordinary shares of RM1.00 each and issued and paid-up capital divided into 2,000,000 ordinary shares of RM1.00 each. Its principal activity is commercial dyeing for fabrics.
(c) Where the appointment is in respect of a subsidiary, a confirmation as to whether the subsidiary is a major subsidiary
MKK is a major subsidiary of Maxbiz.
(d) The net book value of the affected assets
The net book value of the affected assets will be furnished upon assessment of the financial impact after discussion with the R&Ms with the list of the affected assets.
(e) The details of the events leading to the appointment of the Receivers and Managers
MKK had met with CIMB Bank and agreed to appoint the R&Ms because there were creditors that claimed that the machines purchased by MKK in 2000 and 2001 were unpaid and wanted to take possession of the said machines. The records of the fixed assets of MKK states that the machines were fully paid for when Maxbiz acquired 100% of the equity of MKK, this discrepancy is one of the issues raised in the Maxbiz suit against the advisers. Ferrier Hodgson was also the investigative auditor that uncovered the irregularities.
(f) The financial and operational impact of the aforesaid appointment on the Group
The financial impact will be assessed upon discussion with the R&Ms, no operational impact as MKK is working together with the R&Ms for the continuing of the operationals.
(g) The expected losses, if any, arising from the aforesaid appointment
There could be some legal costs associated with the appointment of lawyers to advise the Company. This is not determinable at present.
(h) The steps taken or proposed to be taken by Maxbiz in respect of the aforesaid appointment
MKK will be working together with the R&Ms and the operations would continue pending the restructuring program by Maxbiz.
This announcement is dated 9 February 2012.
What means? I dont see any advantage for MAxbiz |
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PMV
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« Reply #36 on: February 09, 2012, 08:35:41 PM » |
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means nothing or delay ........ further.... u dunno whether is real / fake news........... they play behind the scene  |
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P for Passion
M for Mission
V for Vision
We need all these to win!!
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ginkobiloba
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« Reply #37 on: February 09, 2012, 08:47:08 PM » |
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Why stil got ppl buy this counter? REally omg lor....
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God gave you a brain. Use it wisely to swing trade. Kekeke
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Dearep
Junior Member
Offline
Posts: 18
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« Reply #38 on: February 09, 2012, 08:53:15 PM » |
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What means? I dont see any advantage for MAxbiz
Sharing is caring. That's all.  |
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gojifruit
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« Reply #39 on: February 09, 2012, 10:18:33 PM » |
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better RUN..........  |
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$$$Money make Money$$$
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pencecah
Regular Member
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Posts: 91
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« Reply #40 on: February 09, 2012, 10:41:10 PM » |
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I heard rumors that people buying are relatives and staff of maxbiz......feel suspicious lar.....what ar they trying to do???
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