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Synear will be convening a special general meeting (?SGM?) on 4 September 2013 to seek
the approval of the shareholders of Synear (?Shareholders?) for the Delisting.
=> Who will be going to vote against delisting?
the approval of the shareholders of Synear (?Shareholders?) for the Delisting.
=> Who will be going to vote against delisting?
Circular send out today. Remain 0.186. Accept due to no choice or not to accept as still have hope more than 10% reject the offer price?
Hi, was wondering if anyone know what is the deadline for Synear delisting.
Wow price moving.. I thot they need to buy back the shares at 0.186?
Who the joker who dump 76 mio out??
Is there no chance of investors recovering some loss?
Bopanha ( Date: 16-Oct-2012 09:17) Posted:
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The offer for cash of $186 for 1000 shares is a far cry from its IPO offer of $540 per 1000 shares.
Offerors make much money whenever a company is privatized. Thus if an offeror first listed a company with an intention to delist it one day in the future, his plan will make him big profits in price differentials.
Bopanha ( Date: 16-Oct-2012 08:30) Posted:
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Another illiquid counter going for Delisting from SGX_ST.
Think it is good idea. No point listing when shares are not actively traded. Waste of time and money and harming " out of news" investors who put their money on hopes of appreciation or better yields than banks or under the pillows and suffered as a result of stagnant share price unable to come out of it.
Thus privatization is the better way out and is really a blessing for the " out of news" investors. Cheers.
Synear: has become embroiled in China's latest food safety scare after some of its products were found to be contaminated with staph bacteria.
This pathogen can cause serious infections such as pneumonia, colon infection and the deadly sepsis, which causes the immune system to attack the body's own organs and tissues.
All affected products - 350 packs of savoury dumplings - were recalled and destroyed in Jul. However, news emerged about the incident only this wk after China's list of 18 food products that had failed safety inspections was made public - which included a batch of Synear's savoury dumplings produced in Jun.
Concerns over the food safety scare sent jittery investors dumping shares of the Zhengzhou-based company here yday, sending the stock diving 7.9% to 12.8 cts.
Business Times understands that Synear has since conducted an internal investigation, including its logistics and distribution processes, and reviewed its internal quality control standards. None of its other products were affected by the recall. Historically, savoury dumpling products have accounted for ~ 40% of group revenue.
This pathogen can cause serious infections such as pneumonia, colon infection and the deadly sepsis, which causes the immune system to attack the body's own organs and tissues.
All affected products - 350 packs of savoury dumplings - were recalled and destroyed in Jul. However, news emerged about the incident only this wk after China's list of 18 food products that had failed safety inspections was made public - which included a batch of Synear's savoury dumplings produced in Jun.
Concerns over the food safety scare sent jittery investors dumping shares of the Zhengzhou-based company here yday, sending the stock diving 7.9% to 12.8 cts.
Business Times understands that Synear has since conducted an internal investigation, including its logistics and distribution processes, and reviewed its internal quality control standards. None of its other products were affected by the recall. Historically, savoury dumpling products have accounted for ~ 40% of group revenue.
LOL! They got all kind of pattern. Next time they will said all book eat by termite, or computer kanna hack by hacker and all file lose. Ha ha ha...
Or even worse excuse, all document account kanna stole by alien!!!
elizlow ( Date: 30-May-2011 07:57) Posted:
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Trading this stock in Feb to April 2008 at px. range
$0.60 to $0.70. Manage to make some money and
liquidated all the shares. Not vested in any s-chips.
Cheers and good luck.
< Sgd. 0.1 I probably, start buiyng!
out-of-the-box ( Date: 30-May-2011 10:10) Posted:
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Temasak invested in many S-Chips and wonder how much they lost? I think many go into S-Chips sighted many big organisations also invested... but really many S-Chips went bad
To protect ourselves, it is good to avoid all " S" chip in view of the recent suspension of Sino Techfibre, China Gaoxian, China Hongxing & Hongwei Tech etc. Recent news that a fire had broken out in the early hours of the morning on 20.4.11 at Sino Tech's office premises in China had destroyed books & financial records at its production facility in Shandong province. Back in 2009, after external auditors PricewaterhouseCoopers had raised concerns over China Sun Bio Chem's cash balances, accounting firm KPMG was called in to conduct a review. The KPMG team was told that all accounting records since the financial yr 2002 had been removed to the Shenyang office. The auditors were later told that the truck transporting the accounting records back from Shenyang had been stolen while the driver was having dinner.
Food related inflation is very bad now. Plus S-Chip issue.
arowana1 ( Date: 29-May-2011 21:22) Posted:
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anyone still playing this counter? it is 3.5 cents away from it's all time low.
FA ..and not even short term with some exception...... why not you share your idea and expectation......
Valdrakegon ( Date: 03-Mar-2011 22:19) Posted:
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Hmmm I see... yea... cause of the word noob right? haha... so how do you do your analysis? care to share? I always love sharing ideas around... btw nice to meet you!
My TA is horrific, but with Synear trading volume, it would be a bit difficult to get an accurate TA.
After CNY, STI has been falling.......it is really a bad time to sell.
CHX (China Hongxing) is a rather sizable company which run into accounting issue. And many S-chip listed in Singapore has also run into this type of trouble.
The impression of S-chips is that they are unreliable, prune to fraud etc.....a long long story.
If you have just started invest in shares, I suggest you try out local company counters and not S-chip.
Another terrible counter China Print & Dye gone bust within 1 year of listing due to fraud and CBT by their management. The CEO and wife when missing.
BTW, you sound like an online game character..........heeeee
Valdrakegon ( Date: 02-Mar-2011 22:27) Posted:
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