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This is bad. Cannot trust anything the PRC side said. Even YZJ one of the more highly regarded chinese Coy also got some issues. I think come Monday will be another bloodshed for S-chip.
I just read the interim CEO quit because he wasn' t paid for months!
Don't know what happened to the supposed 577 millions RMB in the account. Most transparent runner up? What is SIAS doing??
HVRRVH ( Date: 30-May-2014 20:45) Posted:
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There is only 73k RMB in the account and 30m RMB debt in the same account. The company is as good as finished.
Azzaramich ( Date: 30-May-2014 13:56) Posted:
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Where is the cash?
This is not a difficult task. There is no need for a special audit for this task.
Few months have passed, and yet no one is taken to task. Sad.
Would the related local nominated Independent Directors take the responsibility and accountability too?
Azzaramich ( Date: 08-Feb-2014 16:37) Posted:
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When ?...
Azzaramich ( Date: 19-May-2014 16:43) Posted:
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Will SIAS lead a class action against the defaulters in this case?
Greed is human weakness. The stock market is a zero sum game. There are winners and there are losers. Make sure you are among the winners.
very sad.. after Eratat, still got ppl want to risk their $$$ in china shares..
Now happening to HANKORE....
Maybe bring this up to wake up those who punting Hankore sia..
I am surprised that the IDs and CFO have not taken any legal steps to recover the money. At the very least, they should have reported to the police in China and Singapore. Would it be dereliction of duties if IDs and CFO discovered serious wrongdoings by Chairman and yet not taking the necessary legal action?
No need ask already... money already go into his pocket...
feed him FAT FAT already
Azzaramich ( Date: 31-Mar-2014 18:03) Posted:
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Has the Chairman been found yet?
刑 法 第 二 百 七 十 一 条 公 司 、 企 业 或 者 其 他 单 位 的 人 员 ， 利 用 职 务 上 的 便 利 ， 将 本 单 位 财 物 非 法 占 为 己 有 ， 数 额 较 大 的 ， 处 五 年 以 下 有 期 徒 刑 或 者 拘 役 数 额 巨 大 的 ， 处 五 年 以 上 有 期 徒 刑 ， 可 以 并 处 没 收 财 产 。
实 施 《 决 定 》 第 十 条 规 定 的 行 为 ， 侵 占 公 司 、 企 业 财 物 五 千 元 至 二 万 元 以 上 的 ， 属 于 ?数 额 较 大 ? 侵 占 公 司 、 企 业 财 物 十 万 元 以 上 的 ， 属 于 ?数 额 巨 大 ?。
Did CFO and ID report the case to the local police?
CEO bring company account to shit and carelessly drop all into the toilet bowl, accidentally push the flush button and ...........gone...??
I think is a honest mistake la...
Need to add in burn.office....account.document.dropped.from.lorry....or.milk.cow.no.milk...
InvestNotTrade ( Date: 25-Feb-2014 22:38) Posted:
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Read the drama like read some drama like that, mediacorp can use it for their plot
News.out.on.sgx.website......but.to.me what new.....s chip sian
joker company, heng bo vested.
one guy was promoting all these while
Azzaramich ( Date: 24-Feb-2014 16:22) Posted:
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