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bayduck Member	13-May-2019 08:09        bayduck About Contact  Quote this Post!
x 0   x 0  Alert Admin	1. Changsha incorporated in 2014 with $100k, and imported $75m of products from BW in 2017. I am skeptical. 2. The board gave a cop out answer to question 4. The board said it thinks Changsha is independent based on the confirmations given by Dora, BIL, Yan and Tang. If shit happens later, board will just say it got deceived by the perpetrators. So the board assessment of independence has v little weight. 3. It is kind of ridiculous to say that BIL is passive -  https://www.ipopang.com/blog/business-in-china/should-you-be-legal-representative-in-china/
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1035834 Senior	13-May-2019 07:45        1035834 About Contact  Quote this Post!
x 0   x 0  Alert Admin	To me this type of transactions should fall under interested party transactions, even his Brother in law not involved in business but he is still ultimate beneficiary of the company . Sole declaration by founder   is not enough . This can explain why they will pay a lump sum to BWI when switching to franchise model . In fact this company should be part of BWI , based on all factual
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Qanghoo Supreme	13-May-2019 07:17        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	So, BWI' s business transactions with the primary import agent are clearly ' interested-person' transactions n BWI knows, or ought to know, this.  It' s hard to construe it otherwise than a deliberate avoidance of disclosing disclosable information by a public listed coy to shareholders n potential investors. Qanghoo      ( Date: 13-May-2019 07:07) Posted: If he is ' passive' , one wonders how he became from just an investor with seed $$$ to being the sole shareholder (as I understand from what I read in the response by BWI).
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Qanghoo Supreme	13-May-2019 07:07        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	If he is ' passive' , one wonders how he became from just an investor with seed $$$ to being the sole shareholder (as I understand from what I read in the response by BWI).
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investshare Supreme	13-May-2019 06:59        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	(a) while Koh Kim Chuan was the sole shareholder and legal representative of the Primary Import Agent, he was a passive investor, and neither he nor his wife, Mary Huan, were involved in the management or business operations of the Primary Import Agent or the Group5 This answer is very unprofessional. Director is the legal representative of the companyz
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runaway Senior	13-May-2019 06:57        runaway About Contact  Quote this Post!
x 0   x 0  Alert Admin	I dont think SGX is happy to accept the explanations. Just wait for rebuttal and more queries. SGX doesnt suspend a listed member lightly.
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Superkilat Elite	13-May-2019 01:39        Superkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bonitas alteady made a huge profit in shorting. As they said in disclaimer, they can switch to long position without any reasons and notice. Once trade resumes, i suapect this is what they are going to do. After all, on the records, their short sell report did not have a high accuracy in meeting the outcomes. But who know they are laughting at those forumers here.
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Superkilat Elite	13-May-2019 01:30        Superkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Report to China authority. But they should have done so in thier first report. If i am him, to maximise the power of short, report it rather than hope its report can alert the authority.
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Qanghoo Supreme	13-May-2019 01:28        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Blood is thicker than wate so to speak.
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Qanghoo Supreme	13-May-2019 01:27        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha, are they not able to do anything other than short?  Let' s watch .... Superkilat      ( Date: 13-May-2019 01:21) Posted: Short seller will not do knockout punch tmr as trading remains suspended. They will do so only when trade resumes. So, expect truce for longer time.
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Superkilat Elite	13-May-2019 01:21        Superkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Short seller will not do knockout punch tmr as trading remains suspended. They will do so only when trade resumes. So, expect truce for longer time.
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Qanghoo Supreme	13-May-2019 01:15        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is this the tip of the Iceberg (no reference to the famous Noble SS)?  Maybe tmr short seller punch another knockout blow ..... Qanghoo      ( Date: 13-May-2019 01:10) Posted: So, no neeed for review by PWC?  In fact, I' d think that PWC also kena blinded by this great story of independence, etc.  What a great wayang.
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Superkilat Elite	13-May-2019 01:12        Superkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	You guys just hatam without reasoning. To me, their explanation made sense.
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Qanghoo Supreme	13-May-2019 01:10        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	So, no neeed for review by PWC?  In fact, I' d think that PWC also kena blinded by this great story of independence, etc.  What a great wayang.
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Leehonghng Member	13-May-2019 00:48        Leehonghng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let the authorities concerned take appropriate actions against the con peoples. Please continue to shorts if deemed fit. guards80      ( Date: 13-May-2019 00:33) Posted: Best World: Response to SGX Queries out.
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guards80 Supreme	13-May-2019 00:33        guards80 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Best World: Response to SGX Queries out.
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Qanghoo Supreme	12-May-2019 20:45        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tmr is bil day !!! Berani      ( Date: 12-May-2019 20:18) Posted: today mother day leh... all ppl need to go celebrate mother' s day. need to wait till come back only write announcement. destinykraze      ( Date: 12-May-2019 19:40) Posted: I agree, should give them benefit of doubts. Just wait for their answer. But the time taken is quite long, so I certainly hope they can give a good answer if not, it is going to make things worse
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Berani Elite	12-May-2019 20:18        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	today mother day leh... all ppl need to go celebrate mother' s day. need to wait till come back only write announcement. destinykraze      ( Date: 12-May-2019 19:40) Posted: I agree, should give them benefit of doubts. Just wait for their answer. But the time taken is quite long, so I certainly hope they can give a good answer if not, it is going to make things worse. Shifu8888      ( Date: 12-May-2019 18:50) Posted: Go read the announcement. They said 13th May (Monday) before 8.30am. Why are you so impatient? You heavily vested? Innocent unless proven guilty.
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destinykraze Elite	12-May-2019 19:40        destinykraze About Contact  Quote this Post!   Yells: "Reality is only a matter of perception"
x 0   x 0  Alert Admin	I agree, should give them benefit of doubts. Just wait for their answer. But the time taken is quite long, so I certainly hope they can give a good answer if not, it is going to make things worse. Shifu8888      ( Date: 12-May-2019 18:50) Posted: Go read the announcement. They said 13th May (Monday) before 8.30am. Why are you so impatient? You heavily vested? Innocent unless proven guilty. Leehonghng      ( Date: 12-May-2019 18:02) Posted: They are not able to answer a few simple queries as requested by SGX! You think what type of company they are??? The peoples behind the door are able to address the matters to both SGX, BR and VV, this will lead to have more issues from all parties concerned. The counter will be continue being suspended and will drop to as low as 10 to 20 cents.
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Shifu8888 Supreme	12-May-2019 18:50        Shifu8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Go read the announcement. They said 13th May (Monday) before 8.30am. Why are you so impatient? You heavily vested? Innocent unless proven guilty. Leehonghng      ( Date: 12-May-2019 18:02) Posted: They are not able to answer a few simple queries as requested by SGX! You think what type of company they are??? The peoples behind the door are able to address the matters to both SGX, BR and VV, this will lead to have more issues from all parties concerned. The counter will be continue being suspended and will drop to as low as 10 to 20 cents. pool100      ( Date: 12-May-2019 16:36) Posted: Previous day' s naked shorts are not covered the following day. they' re covered off-market by SGX buy-ins. Also, any strong opening prices are further opportunities to add short positions. Once more shorts have been loaded, Bonitas and VV will send in a rebuttal to BW' s rebuttals and send the prices tanking again. This is a typical short selling cycle and BW can' t blame anyone but themselves. After all, if they have nothing to hide, they won' t need 4 days to answer a few straight-forward questions. They must have something to hide and are scrambling to fabricate something now. My long term view of BW is that it will go back to 20 cents
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