CNA

So late min decision by JM, will cause company to lose deposit for venue booking and postage. KNS.

Anyway during this time, many are away, postponement may be advantageous to new camp.

EGM postponed to other day decide by JM... No show on Thursday 6 Aug 2015....

darocupcake ( Date: 30-Jul-2015 19:31) Posted:

The current management also dunno what they want. Keep buying company just for the additional income. No concrete plan of what they want to do

gerryhu ( Date: 30-Jul-2015 17:46) Posted:

Yeah, same. Voted for the new management and their resolutions. The exisitng management is totally rotten and hopeless.

20th July

Singapore stocks finish higher led by penny stocks

http://www.businesstimes.com.sg/stocks/singapore-stocks-finish-higher-led-by-penny-stocks

gerryhu ( Date: 31-Jul-2015 11:07) Posted:

Penny Stocks are hot this month, which we are watching the management fight...

http://www.straitstimes.com/business/companies-markets/singapore-shares-flat-penny-stocks-frenzy-invites-scrutiny

The current management also dunno what they want. Keep buying company just for the additional income. No concrete plan of what they want to do

gerryhu ( Date: 30-Jul-2015 17:46) Posted:

Yeah, same. Voted for the new management and their resolutions. The exisitng management is totally rotten and hopeless.

Leaner ( Date: 30-Jul-2015 14:51) Posted:

Received an appeal letter from Me See Soon Hong, the proposer for the upcoming EGM with a Proxy Form and a paid return envelope enclosed (a smart move) which I sent out immediately to VOTE FOR ALL the resolutions, ie. to remove the existing rotten management which has recently caused the company to suffer legal suits and compensation. And the drop in share value.

No money no talk....

Yeah, same. Voted for the new management and their resolutions. The exisitng management is totally rotten and hopeless.

Leaner ( Date: 30-Jul-2015 14:51) Posted:

Received an appeal letter from Me See Soon Hong, the proposer for the upcoming EGM with a Proxy Form and a paid return envelope enclosed (a smart move) which I sent out immediately to VOTE FOR ALL the resolutions, ie. to remove the existing rotten management which has recently caused the company to suffer legal suits and compensation. And the drop in share value.

So must go EGM to vote...12% maybe cannot win leh...

Leaner ( Date: 22-Jul-2015 09:50) Posted:

Hope the management or JM cares for the shareholders and remove the suspension of trading only good plans and directions are announced. Otherwise, many retail investors are going to lose big time.

whoever lift the trading and let stuck shareholders to sell the share is good management

darocupcake ( Date: 22-Jul-2015 07:13) Posted:

Better to change management else they only keep asking money from shareholders

Tanahkow ( Date: 22-Jul-2015 06:35) Posted:

Got hope better than no hope, dont you think so ?

Present management, given their experience with Mr See (new management) and Vast experience in Business world, dont even know if this 12% new investor (new management) is friendly or hostile and anyhow let them come in ? Just want to grab the $4M placement ? Like that how to place hope on this type of Directors ???

In the letter to shareholders, they said they are blocking all the acquisition and plan for China as announced earlier because of due diligence...really ? or because of difference in thoughts or worry about replacement ? (Anyway, on the surface, it is to remove them and replace...)

Well, lets watch the show...it is interesting to see who will bring the $$$ to the table, shareholders will support who...

Better to change management else they only keep asking money from shareholders

Tanahkow ( Date: 22-Jul-2015 06:35) Posted:

Got hope better than no hope, dont you think so ?

Present management, given their experience with Mr See (new management) and Vast experience in Business world, dont even know if this 12% new investor (new management) is friendly or hostile and anyhow let them come in ? Just want to grab the $4M placement ? Like that how to place hope on this type of Directors ???

In the letter to shareholders, they said they are blocking all the acquisition and plan for China as announced earlier because of due diligence...really ? or because of difference in thoughts or worry about replacement ? (Anyway, on the surface, it is to remove them and replace...)

Well, lets watch the show...it is interesting to see who will bring the $$$ to the table, shareholders will support who...

teeth53 ( Date: 21-Jul-2015 23:19) Posted:

"new group gives better hope"...? A black crow is always black, don't hope, nothing is even worst off after agreed upon by both parties.

Got hope better than no hope, dont you think so ?

Present management, given their experience with Mr See (new management) and Vast experience in Business world, dont even know if this 12% new investor (new management) is friendly or hostile and anyhow let them come in ? Just want to grab the $4M placement ? Like that how to place hope on this type of Directors ???

In the letter to shareholders, they said they are blocking all the acquisition and plan for China as announced earlier because of due diligence...really ? or because of difference in thoughts or worry about replacement ? (Anyway, on the surface, it is to remove them and replace...)

Well, lets watch the show...it is interesting to see who will bring the $$$ to the table, shareholders will support who...

teeth53 ( Date: 21-Jul-2015 23:19) Posted:

"new group gives better hope"...? A black crow is always black, don't hope, nothing is even worst off after agreed upon by both parties.

guiren ( Date: 16-Jul-2015 17:32) Posted:

How to support them ? We paid them salary and the share prices like " shit " ,, may be new group gives better hope ,,

Whether is new or old Board, No directors fee n see how they were to fight on. It just take few miilion to takeover. Mitsubishi don't hav few million dollar business partner meh?. Plenty - right.

teeth53 ( Date: 21-Jul-2015 22:44) Posted:

Oni agree. Only if Board of Director do not take in Directors fees and CEO just pay only one dollar.

roostertan ( Date: 17-Jul-2015 09:24) Posted:

There is internal management board scuffle that seek to remove 4 directors. Who know it may be a blessing in disguise with the new proposed directors to change core business or diversify their interest to put company back to track again. Stock suspended does not necessarily mean it is 100 pct gone case. Believed there is still hope once the scuffle is settled.

"new group gives better hope"...? A black crow is always black, don't hope, nothing is even worst off after agreed upon by both parties.

guiren ( Date: 16-Jul-2015 17:32) Posted:

How to support them ? We paid them salary and the share prices like " shit " ,, may be new group gives better hope ,,

Key players. 5% from Mitsubishi. Hope mitsubishi can bring some super rich parent as major partners.

teeth53 ( Date: 17-Jul-2015 18:37) Posted:

&ldquo on 5% from Mitsubishi &rdquo playmaker ：）？。

Tanahkow ( Date: 14-Jul-2015 07:19) Posted:

If the EGM can (legally) continue, I believe the new management will win, at least for me, I will vote for new management as it will give new hope to the company...

If this case of JM is initiated by the present management, then I think they acted out of desperation...as they are counting on 5% from Mitsubishi to balance the 12% by new managment, so this is 50-50 fight...we, the retail shareholder will have the say at the EGM...so please...if possible, attend the EGM to vote...I thought director fee is supposedly paid for directors to work for and unlock value for shareholders ??? In this case, shareholders are being locked...

If this case of JM is initiated by the 175K creditor (most probably is friendly forces to new management...), then it suggested that new management do not have the power to increase 12% shareholding, therefore locking the market shares until EGM...Also means Old Management have no better ways to fight the new management but to follow their game plan...New management have more strategies and people there have more knowledge to play take-over game ???

These are all my personal opinions with limited knowledge...Do your own analysis and I maybe wrong...

PS...I am on holidays for next 3 weeks so not possible to attend EGM and bare in mind, the EGM avenue is not the company address, it has bigger space to accomodate more shareholders and this is a sign of good show on that day...

Quick checked on sharejunction, CNA Market Cap, 9.6 mil only.

...and not any others kuchin kurak Investors with limited 12% to takeover.

Leaner ( Date: 21-Jul-2015 22:26) Posted:

Those who are away or unable to attend the EGM can always send in the proxy form which is attached to the circular to vote.

Hope JM (Mgr) look for a new super rich parent to take over.

Oni agree. Only if Board of Director do not take in Directors fees and CEO just pay only one dollar.

roostertan ( Date: 17-Jul-2015 09:24) Posted:

There is internal management board scuffle that seek to remove 4 directors. Who know it may be a blessing in disguise with the new proposed directors to change core business or diversify their interest to put company back to track again. Stock suspended does not necessarily mean it is 100 pct gone case. Believed there is still hope once the scuffle is settled.

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Singapore stocks finish higher led by penny stocks