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Tmr will bloody day for Singapore listed S-Chips..... Can shareholders sue the directors ?
Andrew ( Date: 01-Jul-2011 00:12) Posted:
Wow, I am really surprise that the monies from the Korea listing is gone so fast.
I think other S-Chips will get screwed tomorrow.......
catalyst ( Date: 07-Jun-2011 21:55) Posted:
Typical S-chip tactics.
Why are we not surprised.
More surprising is that there are actaully people who still dare to buy an S-chip.
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Wow, I am really surprise that the monies from the Korea listing is gone so fast.
I think other S-Chips will get screwed tomorrow.......
catalyst ( Date: 07-Jun-2011 21:55) Posted:
Typical S-chip tactics.
Why are we not surprised.
More surprising is that there are actaully people who still dare to buy an S-chip.
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Keeep buying !!
Hulumas ( Date: 28-Jun-2011 08:19) Posted:
What is talking you? (" Singlish" )
warrenbegger ( Date: 08-Jun-2011 01:25) Posted:
If CGX really conduct AGM and i open new business outside their AGM area selling rotten eggs, i think my rotten eggs business will sold out super fast. After all rotten eggs used by angry shareholder, i will open new wet towel business and sell to GX CEO and its blur management. Win win for both, i will huat big big ah! Ha ha ha :)
Sorry. Am i too bad again? |
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Gone with the flood?
stan19 ( Date: 30-Jun-2011 20:26) Posted:
dun forget the extra 130mill rmb of hidden LOANs
timqoo ( Date: 30-Jun-2011 20:19) Posted:
| shortfall of RMB 1 billion.
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dun forget the extra 130mill rmb of hidden LOANs
timqoo ( Date: 30-Jun-2011 20:19) Posted:
shortfall of RMB 1 billion.
stan19 ( Date: 30-Jun-2011 20:18) Posted:
| the missing part is terrible |
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shortfall of RMB 1 billion.
stan19 ( Date: 30-Jun-2011 20:18) Posted:
the missing part is terrible~
timqoo ( Date: 30-Jun-2011 20:06) Posted:
the announcement doesn't look good.
(a) Cash and bank balances as at 31 December 2010
While the Special Auditors are still in the process of verifying bank balances of the Group, they
have todate obtained evidence which suggests that the aggregate cash and bank balance of the
Group as at 31 December 2010 was approximately RMB93 million, as compared to RMB1.1 billion
as stated in the unaudited financial statements announced by the Company on 27 February 2011
(" Unaudited Financial Statements" ).
(b) Bank Liabilities as at 31 December 2010
The Special Auditors also noted that the Group has outstanding bank liabilities of approximately
RMB285 million as at 31 December 2010, as compared to RMB157 million as stated in the
Unaudited Financial Statements.
FURTHER UPDATE TO QUERIES FROM THE KOREA EXCHANGE (" KRX" ) ON 25 MARCH 2011
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the missing part is terrible~
timqoo ( Date: 30-Jun-2011 20:06) Posted:
the announcement doesn't look good.
(a) Cash and bank balances as at 31 December 2010
While the Special Auditors are still in the process of verifying bank balances of the Group, they
have todate obtained evidence which suggests that the aggregate cash and bank balance of the
Group as at 31 December 2010 was approximately RMB93 million, as compared to RMB1.1 billion
as stated in the unaudited financial statements announced by the Company on 27 February 2011
(" Unaudited Financial Statements" ).
(b) Bank Liabilities as at 31 December 2010
The Special Auditors also noted that the Group has outstanding bank liabilities of approximately
RMB285 million as at 31 December 2010, as compared to RMB157 million as stated in the
Unaudited Financial Statements.
FURTHER UPDATE TO QUERIES FROM THE KOREA EXCHANGE (" KRX" ) ON 25 MARCH 2011
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the announcement doesn't look good.
(a) Cash and bank balances as at 31 December 2010
While the Special Auditors are still in the process of verifying bank balances of the Group, they
have todate obtained evidence which suggests that the aggregate cash and bank balance of the
Group as at 31 December 2010 was approximately RMB93 million, as compared to RMB1.1 billion
as stated in the unaudited financial statements announced by the Company on 27 February 2011
(" Unaudited Financial Statements" ).
(b) Bank Liabilities as at 31 December 2010
The Special Auditors also noted that the Group has outstanding bank liabilities of approximately
RMB285 million as at 31 December 2010, as compared to RMB157 million as stated in the
Unaudited Financial Statements.
FURTHER UPDATE TO QUERIES FROM THE KOREA EXCHANGE (" KRX" ) ON 25 MARCH 2011
Not to offence anyone of you invested and trapped investor of CGX, based on my understanding of the way the big Chinese cheat operates, I think this coy is a gone case. Be mentally and emotionally prepared for the inevitable default of this company. The various directors and CEO will by now has gone into hiding and not traceable.
Vanpersie ( Date: 30-Jun-2011 00:00) Posted:
I am asking if somebody happened to catch the talks on CNBC and share what it was here. I missed it.
Anyway, Hongwei has already fix the AGM in July, but it stops short of revealing the special auditor's findings, nor does it touch the lift of the suspension of share trading. No idea what they are going to talk in the AGM. CGX will have to announce in mid Aug whether AGM will be held by the end of Aug. Let us cross our fingers that they can fix the problems, such as coughing up the cash misused and resume trading of shares asap.
stan19 ( Date: 28-Jun-2011 18:01) Posted:
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I am asking if somebody happened to catch the talks on CNBC and share what it was here. I missed it.
Anyway, Hongwei has already fix the AGM in July, but it stops short of revealing the special auditor's findings, nor does it touch the lift of the suspension of share trading. No idea what they are going to talk in the AGM. CGX will have to announce in mid Aug whether AGM will be held by the end of Aug. Let us cross our fingers that they can fix the problems, such as coughing up the cash misused and resume trading of shares asap.
stan19 ( Date: 28-Jun-2011 18:01) Posted:
What is it about then
Vanpersie ( Date: 28-Jun-2011 00:31) Posted:
| Anybody caught the talk on CBNC about CGX today? |
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What is it about then
Vanpersie ( Date: 28-Jun-2011 00:31) Posted:
| Anybody caught the talk on CBNC about CGX today? |
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or smelly nutsack wahahahahha
warrenbegger ( Date: 08-Jun-2011 01:25) Posted:
If CGX really conduct AGM and i open new business outside their AGM area selling rotten eggs, i think my rotten eggs business will sold out super fast. After all rotten eggs used by angry shareholder, i will open new wet towel business and sell to GX CEO and its blur management. Win win for both, i will huat big big ah! Ha ha ha :)
Sorry. Am i too bad again? |
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What is talking you? (" Singlish" )warrenbegger ( Date: 08-Jun-2011 01:25) Posted:
If CGX really conduct AGM and i open new business outside their AGM area selling rotten eggs, i think my rotten eggs business will sold out super fast. After all rotten eggs used by angry shareholder, i will open new wet towel business and sell to GX CEO and its blur management. Win win for both, i will huat big big ah! Ha ha ha :)
Sorry. Am i too bad again? |
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Anybody caught the talk on CBNC about CGX today?
If CGX really conduct AGM and i open new business outside their AGM area selling rotten eggs, i think my rotten eggs business will sold out super fast. After all rotten eggs used by angry shareholder, i will open new wet towel business and sell to GX CEO and its blur management. Win win for both, i will huat big big ah! Ha ha ha :)
Sorry. Am i too bad again?
Typical S-chip tactics.
Why are we not surprised.
More surprising is that there are actaully people who still dare to buy an S-chip.
Why am I not surprised the AGM is again push back.. LOL
medivh ( Date: 21-May-2011 17:14) Posted:
ACTUALLY, it doesn't matter what, when, or how AGM will be conducted. The story is still the same...WHO still DAREs to buy this ? |
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What have local independent Directors done so far to protect all the Singapore investors' interests? They are all having high salary payment, have they accounted to their duties?
stan19 ( Date: 07-Jun-2011 11:29) Posted:
agm and financial report deadline further extended again.
Hulumas ( Date: 04-Jun-2011 15:09) Posted:
| You mean all the local independent Directors |
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agm and financial report deadline further extended again.
Hulumas ( Date: 04-Jun-2011 15:09) Posted:
You mean all the local independent Directors?
TradeChancellor ( Date: 02-Jun-2011 07:21) Posted:
| should just jail the directors.... |
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