Provided is a portable display panel system including a rack, upper and lower rods having pairs of upper and a lower holder ribs, and a cloth or a panel of a printable material. Each of the rods has a through-cavity. An elastic string extends through each of the upper and lower holder ribs and is attached to the outer ends of the outermost rods. Male and female couplings are arranged at the abutting ends of the rods arranged in pairs, which may be brought together in either two positions, which are turned by 180°, or four positions which are turned by 90° relative to each other. At least one pair of the rods are bent or angled.