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JarolLo
    18-Sep-2013 16:28  
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Wow, siao Liao. If so then all the china play kanna affected. Crazy nightmare.

eurekaw      ( Date: 18-Sep-2013 11:29) Posted:

Hopefully CAD goes hard on him, if he is guilty. This will serve as a warning to all other china companies listed in Singapore

teeth53      ( Date: 18-Sep-2013 08:07) Posted:



UPDATE ON POLICE REPORT
References are made to the Coy?s announcements dated 23 Aug 2013 and 12 Sept 2013.

Further to the Coy?s announcement on 12 September 2013, the Company has forwarded to the Commercial Affairs Department of the Singapore Police Force (?CAD?) the relevant documents that it has, as well as urged Mr Cao Xiangbin (?Mr Cao?) to attend the meeting
requested by CAD in Singapore scheduled for today.

However, Mr Cao informed the Coy that due to his health condition and work commitments, he would not be able to travel to Singapore for the proposed meeting. The Coy has informed CAD of the same and CAD has further requested Mr Cao to meetthem on a rescheduled date. The Company will convey the further request to Mr Cao and alsourge him to cooperate with the CAD.

http://infopub.sgx.com/FileOpen/Updateof...eID=256684


 
 
Peter_Pan
    18-Sep-2013 16:25  
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feifei woh lai yeh!!!
 
 
derekchong
    18-Sep-2013 16:22  
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high risk, high return.

equal chances for short or long.
 

 
eurekaw
    18-Sep-2013 11:29  
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Hopefully CAD goes hard on him, if he is guilty. This will serve as a warning to all other china companies listed in Singapore

teeth53      ( Date: 18-Sep-2013 08:07) Posted:



UPDATE ON POLICE REPORT
References are made to the Coy?s announcements dated 23 Aug 2013 and 12 Sept 2013.

Further to the Coy?s announcement on 12 September 2013, the Company has forwarded to the Commercial Affairs Department of the Singapore Police Force (?CAD?) the relevant documents that it has, as well as urged Mr Cao Xiangbin (?Mr Cao?) to attend the meeting
requested by CAD in Singapore scheduled for today.

However, Mr Cao informed the Coy that due to his health condition and work commitments, he would not be able to travel to Singapore for the proposed meeting. The Coy has informed CAD of the same and CAD has further requested Mr Cao to meetthem on a rescheduled date. The Company will convey the further request to Mr Cao and alsourge him to cooperate with the CAD.

http://infopub.sgx.com/FileOpen/Updateof...eID=256684

 
 
moneycow
    18-Sep-2013 11:13  
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don think its shortist buy holders dumping in desperation.....like many China stocks   that have   been suspended and value locked in paer value - market Zero $0 value as can't trade/...long term suspension..............

when it involves CAD, those panic phobia it can caused.   Holders will try to salvage............at willing buyer value...

anyway a ll speculations till dust settled.............but the person CAD asked           to be interviewed - give health and time reason for not coming forward to clear the air...............so   mystery lingers and uncertainity looms....   price,   which still trade-able.........

KepoChicken      ( Date: 18-Sep-2013 09:41) Posted:

alot of shortist

derekchong      ( Date: 18-Sep-2013 09:31) Posted:



looks like banks throwing other ppl. shares.

can wait and collect cheap, cheap later.


 
 
moneycow
    18-Sep-2013 11:05  
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CAD come in - mati - financial mismanagement and fake documentation case again ?

Confident shaken - holders will dump.   Worried next SGX suspension   for long term while asking for reports and documentations.................................. 

Gone case. :(

 
 

 
eurekaw
    18-Sep-2013 10:56  
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u bought? why?

merlin_magic      ( Date: 18-Sep-2013 09:42) Posted:

Done. Bought 100 lots at 9.8 cents

 
 
KepoChicken
    18-Sep-2013 10:48  
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lunch time is critical

last time transcu... ppl start to throw during lunc time 
 
 
Peter_Pan
    18-Sep-2013 10:43  
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wait for operators to finish cornering the retailers first
 
 
solidbuy
    18-Sep-2013 10:38  
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wah. siao liao loh

merlin_magic      ( Date: 18-Sep-2013 09:42) Posted:

Done. Bought 100 lots at 9.8 cents

 

 
xing78
    18-Sep-2013 10:09  
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Why your hand so itchy. Waiting for 3.5cents. Hahq

merlin_magic      ( Date: 18-Sep-2013 09:42) Posted:

Done. Bought 100 lots at 9.8 cents

 
 
merlin_magic
    18-Sep-2013 09:42  
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Done. Bought 100 lots at 9.8 cents
 
 
KepoChicken
    18-Sep-2013 09:41  
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alot of shortist

derekchong      ( Date: 18-Sep-2013 09:31) Posted:



looks like banks throwing other ppl. shares.

can wait and collect cheap, cheap later.

 
 
derekchong
    18-Sep-2013 09:31  
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looks like banks throwing other ppl. shares.

can wait and collect cheap, cheap later.
 
 
zillion
    18-Sep-2013 09:21  
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thanks Bro Jackpot.

 
 

 
edwinjup
    18-Sep-2013 09:16  
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Too high risk to bet....
 
 
francisd
    18-Sep-2013 09:14  
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GREAT SINGAPORE SALE  is back.

Good time to do dollar averaging guys. Won't regret @ this price.

Cheers.

 

edwinjup      ( Date: 18-Sep-2013 08:39) Posted:

Opening below.10cents....?

 
 
xing78
    18-Sep-2013 09:14  
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Let's bide our time to catch this falling knife. Drop to 3.5c i will surely jeep some
 
 
edwinjup
    18-Sep-2013 08:39  
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Opening below.10cents....?
 
 
Stockcham
    18-Sep-2013 08:18  
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Bro, thanks for the info! Huat ah!

Jackpot2010      ( Date: 18-Sep-2013 05:58) Posted:



New investors are paying about 3.5c (1st tranche), & 3.3c (2nd tranche)

1st tranche: 235m new shares @ 10c + 440m old shares transfer from ex-owner to new investors at nomimal $1 value = 3.5c /share

2nd tranche: 35m new shares @ 10c + 70m old shares from ex-owner at total of $1 = 3.3c / share

free warrant exercise price at 10c/share.

NAV = 9.67c/share (after 1st tranche) & 9.78c/share (after 2nd). All inclusive of new factory etc.etc.

For retailers thinking of buying, use above as guide price, note especially new investors pay ONLY 3.5c per share.

Good luck. Not vested.

 

 

 

 
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