Yanlord Land
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Lord of the China property market
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err...no annoucement yet? can some1 GOOGLE ard got any "rumours" from the web? kinda busy here :P
The issue from SGX is do not sell if you cannot deliver.
what happens if the halt is removed only @ the end of today..
are the shortist liable for the fine?
If i not wrong, the "penalty" will only kicks in for naked shortists for tomorrow onwards. Think today naked shortists will be "sparred", right? (From my understanding of the announucement on the sgx website)
wah, I am damn lucky, that it halt trading now. I was thinking of taking 'revenge' since I got trapped this morning and wanted to short when it was 1.06....hehehe, if not dun know what will happen to shorting and cannot cover back. I think SGX will not penalise people who got stuck due to trading halt!
yl TH. must be nerve wracking for the shortists. lol.
generally in such situations, longs have a better advantage. assuming you're not on contra.
halt.. should have done that long ago.. probably the company coming to make announcements for the bribery
shortist kenna fined $50,000 if cannot cover back by today..
Anyone wanna comments on the effect of trading halt on shortists who fail to cover back? That what I call harsh---->inhuman treatment!
Good Luck! Killing both shortlist and Contra at the same time. 1Stone kill 2 bird
wait...share trading halted !! wat happ har????CAD cases har?? woOOoowowOWWOooowWow !! :D
oh no, trading halt....... oh no, shortist get trapped and raped.... this time...
good luck folks..
panic at the disco..
time to make some $$ from YL
There is a saying...when there is trouble, there is $$ to be made. Could this case of corruption, the mkt just dump and dump that it is oversold? If daring enuf, get in now to make some $$...hehehe. Me no guts! Cheers!
lol. nice timing. i just posted abt yl on my blog.
not just the bribery case. if someone can explain to me why the new shares issued don't tally, i'll be much obliged, too.
lets see if the yl backer will hold this baby up. haha.
note that the sellers are strong; not willing to give up even at 102. when news spread, likely the usual panic and dumping.
it's a common thing tho, for prop owners to give either apartments or heavy discounts to prominent people. we have it here too in s'pore. all hush hush cases. haha.
there goes the reputation..
n prob out of STI index as well..
Bribery in China is a BIG ISSUE esp. when it involved the city's top leader. Communist Party will take serious action for sure. Bad news one after another for YL indeed.
Thanks for the info...yah, better stay away.
QB 1.01-322
QB 1.00-707
QS 1.04-310
QS 1.05 - 146
i love Google, they deserved to be billionaire, you have nothing cannot be found at google..
as for Yanlord... not good man..bribery case is not a rumour now, it is a real case, just that how's the inspection progress and the end results is unknown at this point of time, if the judge result is confirmed, i think the nightmare will come..
so, better stay clear this counter first la... no point risking yourself..
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CORRECTION -Singapore-listed Yanlord Land linked to bribery case - state media
10:19
Xinhua Newsfeed |
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SHANGHAI (XFN-ASIA) - Singapore-listed property developer Yanlord Land Group has been linked to a bribery case in Shanghai involving the former deputy chief of Shanghai's Pudong district, the official Shanghai Daily newspaper reported.
The report said prosecutors allege that former deputy chief Kang Huijun accepted a 4.89 mln yuan, 189 sq m apartment at the Yanlord Gardens complex in Pudong in 2001 in exchange for land development rights.
Yanlord Land is the developer of Yanlord Gardens in Pudong.
Yanlord had no immediate comment.
Kang, 50, went on trial yesterday for allegedly accepting nearly 6 mln yuan in bribes and illegally owning properties worth 11 mln yuan, the newspaper said.
Yanlord was up 0.050 sgd or 4 pct at 1.310 sgd in early trade. |
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http://www.quamnet.com/newscontent.action?articleId=963160&listSectionCode=NEW_ASIA
