| Latest Forum Topics / Lasseters Intl |
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JiutianC
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chiachiawee
Elite |
21-Oct-2021 08:11
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I?m not sure whether there will be another announcement follow the announcement for suspension. I did not follow this company. For now I think the holders of this counter can only hope the company announce something fruitful in near term and announce the resume of trading. Take care.
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Barcalo
Master |
21-Oct-2021 08:09
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Yes, this is really not right and unfair!
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MakeChanges
Elite |
21-Oct-2021 08:08
Yells: "No price is too low for a bear or too high for a bull" |
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Anyone shorted this counter yet to cover back ? | ||||
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Newbee88
Member |
21-Oct-2021 07:53
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The company call for an announcement yesterday for suspension just after trading hours. That' s why very sudden. Should SGX or investors take legal actions for such unfair manipulation with our money?
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Newbee88
Member |
21-Oct-2021 07:50
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For this case, the company should let the shareholders decide whether what they wanted to do with the shares after it become a cash company, and not simply suspend just like that. | ||||
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ThankYou
Supreme |
21-Oct-2021 07:49
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So far not suspended yet correct? Expect there will be a great sell down! I wonder any retailer would pick up this stock.
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Newbee88
Member |
21-Oct-2021 07:45
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How can SGX allow such company to manipulate with investors money just like that???? Is there no other authorities helping to fight for the rights n fairness for the investors???   |
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Newbee88
Member |
21-Oct-2021 07:41
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How can SGX just simply accept that suspension? If the company really want to sell off everything and become a cash company, just let the shareholders decide anf sell away their holdings, why hold up the shareholders funds and wait for the company to decide in 1.5 years? Might as well delist to be fair and return the fund to the investors. This rule is really unfair to investors!
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Newbee88
Member |
20-Oct-2021 23:15
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Friend, so the company will still need to follow up with another announcement to SGX and investors to explain what is the reason for the suspension right?
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chiachiawee
Elite |
20-Oct-2021 23:06
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I have no idea at all, friend. But there are quite a few pennies did that, suspension without previous news or notice or whatsoever. At this stage only can wait and see what the Company intends to announce. SGX, forget it. Take care. Cheers.
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Barcalo
Master |
20-Oct-2021 22:59
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What is the most possible reason? Takeover? Cash flow problem?  Can they say suspend like that without any reason or explanation to shareholders and sgx? 
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chiachiawee
Elite |
20-Oct-2021 22:55
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There is no requirement for the immediate suspension, according to listing rules. Take Broadway as example months back when they announced became cash company, they did not suspend too. So as to why this company announced suspension only the company itself knows. Just passing by, cheers.. | ||||
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Sibehboeng
Master |
20-Oct-2021 22:40
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Wait for trading to resume. Wait depends on how fast the company finds new biz and shareholders agree to it. Once ok can request to lift suspension. If by 12+6 months still no biz, need to out up exit offer.
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Barcalo
Master |
20-Oct-2021 22:38
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No prior news at all. Suddenly just suspend? 
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peterwong321
Veteran |
20-Oct-2021 22:36
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Need 6 to 12 months then can settle that why they suspended it first 
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Newbee88
Member |
20-Oct-2021 22:19
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So what happen to those investors now holding the company shares?  
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Barcalo
Master |
20-Oct-2021 22:12
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How to go aboout doing that? Already suspended still can sell off?
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MakeChanges
Elite |
20-Oct-2021 22:07
Yells: "No price is too low for a bear or too high for a bull" |
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i think still can do off market trading to sell off. Anyone tried before? | ||||
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Sibehboeng
Master |
20-Oct-2021 21:49
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The company is now only a cash company after selling all its assets. Under listing rules, need to find new biz to continue trading.
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Barcalo
Master |
20-Oct-2021 21:36
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Bro any idea why suspended?
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