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RTO by China Stationery
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lsk007
Senior |
15-Jul-2022 11:27
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They have been making losses after losses since diversifying into new business instead of building the Thai Village brand. It has become a monster beyond recogniztion. Now it gets into a situation which its payable sum is much more than the cap of the company and purpose to issue shares which will multiple the number of shares by 3X. These money is used to put out the fire with no convincing idea how to prevent fire in the future. The new shareholder is going to dilute the current main big shareholder and thus this triggered the motion. In fact if you look at the results of the previous AGM, there are already signs of tension and disunity as the motions were not fully supported. Missed the old Thai Village which is much more simple and giving regular dividends. |
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Joelton
Supreme |
15-Jul-2022 09:45
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Pavillon gets EGM request to oust chairman, director Trans-Cab boss eyes chairmanship
T
MAINBOARD-LISTED Pavillon Holdings : 596 0% has been asked to hold an extraordinary general meeting (EGM) for the purpose of ousting the executive chairman and an independent director from the board.
Previously named Thai Village Holdings, the company said in a bourse filing on Thursday (Jul 14) that a letter from Seven Star Capital, signed off by Zheng Fengwen, is requisitioning the meeting to strip the executive chairman John Chen Seow Phun and independent director Ko Chuan Aun of their directorships.
The letter also calls for the company, which is in the business of restaurant operations, franchising and financial leasing, to appoint Zheng, the largest shareholder and former executive director of Pavillon, and major shareholder Teo Kiang Ang as director and executive chairman respectively at the EGM.
Teo, the founder of taxi operator Trans-Cab and bottled cooking gas supplier Union Gas, owned 8.9 per cent of Pavillon as at Jul 5 Zheng held 25.8 per cent of the company as of March, said the Singapore Exchange website.
Pavillon said the company is consulting lawyers on the validity of the request. Its share price closed flat at S$0.041 on Thursday before this announcement.
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lsk007
Senior |
10-Mar-2022 14:40
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Inew investor onboarding --> game changer? | ||
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lsk007
Senior |
22-Jun-2021 19:07
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Next multi bagger? | ||
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lsk007
Senior |
03-Jun-2021 22:42
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Will this get into health sector? | ||
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lsk007
Senior |
28-May-2020 20:33
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Interesting AGM results. Big shareholders are divided. Resolution to issue shares not approved. Good. They will not suck in more cash from innocent investors. They had been doing funny things since 2013 and only they know the agenda. I hope justice will catch up with them soon. To all those who are in the inner circle of this company, I only have these 6 words for you 人 在 做 天 在 看 | ||
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sbscap
Master |
06-Apr-2018 10:08
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Chinese companies with generic names, other than GLCs/SOEs, generally ended up in tears ... China Sports, China Starch, China Energy, Beauty China, China Paper, etc. | ||
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lsk007
Senior |
05-Apr-2018 21:53
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The next super bagger, buy buy buy | ||
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antifragile
Senior |
18-Sep-2017 17:40
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Something is brewing..... | ||
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antifragile
Senior |
25-Aug-2017 00:35
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ORDINARY RESOLUTION 1 &ndash PROPOSED INCLUSION OF THE FINTECH BUSINESS AS PART OF THE CORE BUSINESSES OF THE ORDINARY RESOLUTION 2 &ndash PROPOSED INCLUSION OF THE AUTOMOTIVE BUSINESS AS PART OF THE CORE BUSINESSES OF THE GROUP ORDINARY RESOLUTION 3 &ndash PROPOSED INCLUSION OF THE LOGISTICS BUSINESS AS PART OF THE CORE BUSINESSES OF THE GROUP |
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Ahboi90
Member |
25-Aug-2017 00:30
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Cash Flows FY2013 FY2014 FY2015 FY2016 LTM Ending 30/Jun/2017 Operations 0.363 (0.965) (6.659) (18.272) (13.501) Shark fins are getting less popular among singaporeans in these recent years. Worrying signs for the company. |
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antifragile
Senior |
25-Aug-2017 00:10
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Market cap $25.204mio Current Share price 0.065 Total cash per share 0.052 Book value per share 0.1062 Price to book 0.612 Debt 0 |
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lsk007
Senior |
21-Mar-2017 14:32
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They might do a rights issue at 2c plus.
Sell sell sell |
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lsk007
Senior |
19-Oct-2015 20:57
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they might sell Thai village restaurants. Might give a 0.3 cent of special dividend to shareholders! Buy now for this potential development! |
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lsk007
Senior |
21-Jul-2015 20:21
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This one $0.66 by end of year! |
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lsk007
Senior |
04-Dec-2014 16:28
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wow! new high at 8c! Congrats to all shareholders! | ||
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lsk007
Senior |
12-Nov-2014 20:06
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A huge potential stock, please take note, a potential red chip, $0.001 target price in sight |
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lsk007
Senior |
15-Oct-2014 22:56
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New low for no reason. Will it divest Thai village restaurant and distribute money to shareholders ? Still no news on what new business thy are going into... |
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Tempest
Veteran |
23-May-2014 16:50
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Uptrend mode with Green light activated! HUAT ah! |
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Tempest
Veteran |
23-May-2014 14:26
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Volume increase with someone accumulating.. Monitor closely and buy when chance strike! HUAT AH! |
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