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Latest Forum Topics / China Hongxing  Post Reply
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newbieliu
Elite
12-Mar-2018 11:53     
 
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 Alert Admin 		Who is able to help us bring the form to vote? Please pm us thanks!

xerces      ( Date: 12-Mar-2018 11:35) Posted:

TO be frank voting Yes itself is the worse case scenario! It represent 98% loss for any investor... 

Investor or shareholder stuck will be better off throwing the money in cents at the Ex-owner (Wu Rong Zhao) face!

There is really one option, which is to vote NO.

StopChinaHX      ( Date: 08-Mar-2018 20:09) Posted:

First, may I ask, what is the best case and worst case if we vote or vote against the proposal? Anyone can explain a bit more? 
  • Vote yes or don&rsquo t vote
    • Best case?
    • Worst case?
  • Vote no
    • ​ Best case?
    • Worst case?
Thank
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xerces
Member
12-Mar-2018 11:42     
 
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 Alert Admin 		I will be writing to Businesstimes and asking them to write a column if it pique their interest on the demise of us in China Hong Xing.

http://www.sph.com.sg/contact-us/for-media/media-contacts/
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xerces
Member
12-Mar-2018 11:35     
 
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 Alert Admin 		TO be frank voting Yes itself is the worse case scenario! It represent 98% loss for any investor... 

Investor or shareholder stuck will be better off throwing the money in cents at the Ex-owner (Wu Rong Zhao) face!

There is really one option, which is to vote NO.

StopChinaHX      ( Date: 08-Mar-2018 20:09) Posted:

First, may I ask, what is the best case and worst case if we vote or vote against the proposal? Anyone can explain a bit more? 
  • Vote yes or don&rsquo t vote
    • Best case?
    • Worst case?
  • Vote no
    • ​ Best case?
    • Worst case?
Thanks

ysh2006      ( Date: 08-Mar-2018 19:35) Posted:

This case kindly appoint one or two persons who will be going we can proxiy him to vote for us!!...the person can give indicate name nric and address PM us we will proxy you to vote for us!
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ysh2006
Supreme
11-Mar-2018 17:16     
 
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 Alert Admin 		So far no chief willing to come out lead, not easy too.Aztech is lucky to have one and unite many loose retails to form a recognised forces.

Jamesbond007      ( Date: 11-Mar-2018 12:17) Posted:

Human us by nature greedy. Management is made uo of human. Your only protection in investment is looking out for the RIGHT company and the RIGHT people running it.
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Jamesbond007
Veteran
11-Mar-2018 12:17     
 
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 Alert Admin 		Human us by nature greedy. Management is made uo of human. Your only protection in investment is looking out for the RIGHT company and the RIGHT people running it.
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Poohbull
Master
10-Mar-2018 11:08     
 
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 Alert Admin 		https://www.petitions24.com/signatures/singapore_investor_left_unprotected_from_untruthful__fraudulent_listed_company/

We must make SGX answer

Poohbull      ( Date: 10-Mar-2018 11:05) Posted:

https://www.petitions24.com/signatures/singapore_investor_left_unprotected_from_untruthful__fraudulent_listed_company/

Vote out these greedy Management

Jamesbond007      ( Date: 10-Mar-2018 10:41) Posted:

Lesson for all
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Poohbull
Master
10-Mar-2018 11:05     
 
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 Alert Admin 		https://www.petitions24.com/signatures/singapore_investor_left_unprotected_from_untruthful__fraudulent_listed_company/

Vote out these greedy Management

Jamesbond007      ( Date: 10-Mar-2018 10:41) Posted:

Lesson for all.

TraderBen      ( Date: 10-Mar-2018 07:05) Posted:

Buying stocks itself is consider a higher risk investment. So be prepared to write off when things like this happened . I hv 10000 shares in hx bought with 15k cash when it was 1.50 now I am getting back $16. I hv lost quite a lot in s chips so I
Vowed never to touch any stocks that operates in China ever again . SGX isn?t gonna do anything at all. Miniority shareholders are the small
Fishes that always gets eaten by sharks .


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Jamesbond007
Veteran
10-Mar-2018 10:41     
 
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 Alert Admin 		Lesson for all.

TraderBen      ( Date: 10-Mar-2018 07:05) Posted:

Buying stocks itself is consider a higher risk investment. So be prepared to write off when things like this happened . I hv 10000 shares in hx bought with 15k cash when it was 1.50 now I am getting back $16. I hv lost quite a lot in s chips so I
Vowed never to touch any stocks that operates in China ever again . SGX isn?t gonna do anything at all. Miniority shareholders are the small
Fishes that always gets eaten by sharks .

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investhw
Member
10-Mar-2018 10:31     
 
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 Alert Admin 		Anyone can show a screenshot on how to fill in the form to vote against it?
Can we mail the form over or have to hand it in personally?
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ysh2006
Supreme
10-Mar-2018 07:46     
 
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 Alert Admin 		I supposed those minority share holders of Azrech formed out a group and challenged management for better benefits and dividend after delisted from Sgx. HX need to learn from Aztech group of shareholders.

TraderBen      ( Date: 10-Mar-2018 07:05) Posted:

Buying stocks itself is consider a higher risk investment. So be prepared to write off when things like this happened . I hv 10000 shares in hx bought with 15k cash when it was 1.50 now I am getting back $16. I hv lost quite a lot in s chips so I
Vowed never to touch any stocks that operates in China ever again . SGX isn?t gonna do anything at all. Miniority shareholders are the small
Fishes that always gets eaten by sharks .

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TraderBen
Supreme
10-Mar-2018 07:05     
 
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 Alert Admin 		Buying stocks itself is consider a higher risk investment. So be prepared to write off when things like this happened . I hv 10000 shares in hx bought with 15k cash when it was 1.50 now I am getting back $16. I hv lost quite a lot in s chips so I
Vowed never to touch any stocks that operates in China ever again . SGX isn?t gonna do anything at all. Miniority shareholders are the small
Fishes that always gets eaten by sharks .
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ysh2006
Supreme
10-Mar-2018 03:16     
 
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 Alert Admin 		If no than I will send proxy form to chairman to request him to vote no for me loh....!! Following the Aztech way hope we can gather a force strong enough to fence off this deal.

dyingcat      ( Date: 09-Mar-2018 11:14) Posted:

Thank you for your initiative. Hope SIAS can help us. If we are lucky enough to stop the disposal, we' ll unite again to remove the management.

StopChinaHX      ( Date: 09-Mar-2018 09:45) Posted:

I have written to the SIAS admin for advice and guidance on this matter, waiting for their reply.

"
Dear SIAS officer/mdm,
 
This  is regarding the SGX listed China company - China HongXing (which was suspended for few years).
 
The Wu family is trying to call an AGM and buy the company shares at only 0.0016SGD per share, which is only 1% of it' s real value!!! (the price right before suspend was 0.11~0.12SGD).
 
The SG local investors are plan to unite together and vote against the proposal during the AGM on 28 Mar 2018.    But we are lack of accounting and legal knowledge, and also not familiar with the process. So would like to seek your advice and guidance on this matter.
 
Btw, Why after so many issues with China company listed here in SG, SGX has still taking no action to protect the local investors and allow the company owners walk away without any penalty!!
 
 
Company link:
 
 
Company announcement on SGX:
 
Discussion on famous local website  sharejunction.com:
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sbscap
Master
09-Mar-2018 21:24     
 
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 Alert Admin 		I signed liao but that was for Midas, not HX.
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Fataaa
Senior
09-Mar-2018 21:04     
 
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 Alert Admin 		Thanks for the great work! Support!
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dyingcat
Veteran
09-Mar-2018 17:36     
 
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 Alert Admin 		Signed. Thanks Poohbull for your initiative. Hope more people join in and wake up SGX. 

Poohbull      ( Date: 09-Mar-2018 16:53) Posted:

To all investor if you feel that you have suffer and its time that you want SGX to stand firm against the  unscrupulous management  , please sign

https://www.petitions24.com/singapore_investor_left_unprotected_from_untruthful__fraudulent_listed_company#form

huathuat88888      ( Date: 09-Mar-2018 16:22) Posted:

Will Sino Grabdbess become another China hong xing ?
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Poohbull
Master
09-Mar-2018 16:53     
 
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 Alert Admin 		To all investor if you feel that you have suffer and its time that you want SGX to stand firm against the  unscrupulous management  , please sign

https://www.petitions24.com/singapore_investor_left_unprotected_from_untruthful__fraudulent_listed_company#form

huathuat88888      ( Date: 09-Mar-2018 16:22) Posted:

Will Sino Grabdbess become another China hong xing ?

huathuat88888      ( Date: 08-Mar-2018 17:42) Posted:

Watch out for Sino Grandness. No matter how they play, Huang SURE WIN.

Just that some Singaporean retailers very stubborn and believe in Huang beatiful stories. E.g. HK IPO...etc

Or money used for expansions.

Or profits dont use to redeem high interest bonds.

Or profits a lot PE low but did not give out any dividends and YET still ask for more $ from retailers via Rights Issue.





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huathuat88888
Elite
09-Mar-2018 16:22     
 
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 Alert Admin 		Will Sino Grabdbess become another China hong xing ?

huathuat88888      ( Date: 08-Mar-2018 17:42) Posted:

Watch out for Sino Grandness. No matter how they play, Huang SURE WIN.

Just that some Singaporean retailers very stubborn and believe in Huang beatiful stories. E.g. HK IPO...etc

Or money used for expansions.

Or profits dont use to redeem high interest bonds.

Or profits a lot PE low but did not give out any dividends and YET still ask for more $ from retailers via Rights Issue.




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ysh2006
Supreme
09-Mar-2018 13:19     
 
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 Alert Admin 		SIAS pro boss type ...will not get much help from them ( I think only)

dyingcat      ( Date: 09-Mar-2018 11:14) Posted:

Thank you for your initiative. Hope SIAS can help us. If we are lucky enough to stop the disposal, we' ll unite again to remove the management.

StopChinaHX      ( Date: 09-Mar-2018 09:45) Posted:

I have written to the SIAS admin for advice and guidance on this matter, waiting for their reply.

"
Dear SIAS officer/mdm,
 
This  is regarding the SGX listed China company - China HongXing (which was suspended for few years).
 
The Wu family is trying to call an AGM and buy the company shares at only 0.0016SGD per share, which is only 1% of it' s real value!!! (the price right before suspend was 0.11~0.12SGD).
 
The SG local investors are plan to unite together and vote against the proposal during the AGM on 28 Mar 2018.    But we are lack of accounting and legal knowledge, and also not familiar with the process. So would like to seek your advice and guidance on this matter.
 
Btw, Why after so many issues with China company listed here in SG, SGX has still taking no action to protect the local investors and allow the company owners walk away without any penalty!!
 
 
Company link:
 
 
Company announcement on SGX:
 
Discussion on famous local website  sharejunction.com:
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dyingcat
Veteran
09-Mar-2018 11:14     
 
dyingcat About Contact  Quote this Post!  
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 Alert Admin 		Thank you for your initiative. Hope SIAS can help us. If we are lucky enough to stop the disposal, we' ll unite again to remove the management.

StopChinaHX      ( Date: 09-Mar-2018 09:45) Posted:

I have written to the SIAS admin for advice and guidance on this matter, waiting for their reply.

"
Dear SIAS officer/mdm,
 
This  is regarding the SGX listed China company - China HongXing (which was suspended for few years).
 
The Wu family is trying to call an AGM and buy the company shares at only 0.0016SGD per share, which is only 1% of it' s real value!!! (the price right before suspend was 0.11~0.12SGD).
 
The SG local investors are plan to unite together and vote against the proposal during the AGM on 28 Mar 2018.    But we are lack of accounting and legal knowledge, and also not familiar with the process. So would like to seek your advice and guidance on this matter.
 
Btw, Why after so many issues with China company listed here in SG, SGX has still taking no action to protect the local investors and allow the company owners walk away without any penalty!!
 
 
Company link:
 
 
Company announcement on SGX:
 
Discussion on famous local website  sharejunction.com:


Fataaa      ( Date: 08-Mar-2018 23:59) Posted:

The best way is to form a group and perhaps approach SIAS, http://www.sias.org.sg,  for assistance. Using social media to complaint to SGX and CH may be another avenue. Wonder if XI JingPing got a social media account? Haha.
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newbieliu
Elite
09-Mar-2018 10:38     
 
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 Alert Admin 		Thank you for the help . I am also shocked after so many years this is what I got 200 dollars out of 20k we put in ?!

StopChinaHX      ( Date: 09-Mar-2018 09:45) Posted:

I have written to the SIAS admin for advice and guidance on this matter, waiting for their reply.

"
Dear SIAS officer/mdm,
 
This  is regarding the SGX listed China company - China HongXing (which was suspended for few years).
 
The Wu family is trying to call an AGM and buy the company shares at only 0.0016SGD per share, which is only 1% of it' s real value!!! (the price right before suspend was 0.11~0.12SGD).
 
The SG local investors are plan to unite together and vote against the proposal during the AGM on 28 Mar 2018.    But we are lack of accounting and legal knowledge, and also not familiar with the process. So would like to seek your advice and guidance on this matter.
 
Btw, Why after so many issues with China company listed here in SG, SGX has still taking no action to protect the local investors and allow the company owners walk away without any penalty!!
 
 
Company link:
 
 
Company announcement on SGX:
 
Discussion on famous local website  sharejunction.com:


Fataaa      ( Date: 08-Mar-2018 23:59) Posted:

The best way is to form a group and perhaps approach SIAS, http://www.sias.org.sg,  for assistance. Using social media to complaint to SGX and CH may be another avenue. Wonder if XI JingPing got a social media account? Haha.
 Useful To Me  Not Useful To Me
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