| Latest Forum Topics / Best World |
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THE BEST IS YET TO BE
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Superkilat
Elite |
11-May-2019 20:04
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I know someone reported. My point ishow board is going to verify? | ||||
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kerier
Veteran |
11-May-2019 19:57
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SGX wont investigate until someone reports it. You think they go take the creditor and debtor list of all companies and slowly do checks?
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Superkilat
Elite |
11-May-2019 19:48
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Last year BWL gave away $27.5mil as dividend. Where was cash coming from? | ||||
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Leehonghng
Member |
11-May-2019 18:53
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YES, as the subject company is having serious issues with our local authorities now, hence, the counter will continue to be suspended until the authorities finished the investigation. (It could take another 3 to 6 months?)
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Superkilat
Elite |
11-May-2019 18:48
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Someone ssid easy to find out. Ok, i give you someone id and address. Can you tell he is BIL of somebody? Talk easy only. If so east, why can't sgx find out themselves? | ||||
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Leehonghng
Member |
11-May-2019 18:42
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Just for your information : Auditors are employed by the subject company, and they have to follow the instructions given by the company/Board of Directors , other wise, they will be fired. Therefore, the so-called Auditors are also not doing a proper job for the shareholders! They are only looking after the directors' interest.
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sbscap
Master |
11-May-2019 18:33
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Are you something like 15 yo or just a confirmed nuthead? Every shareholder of a company has some ID, address, etc, which can be verified in seconds if it is in Singapore and within an hour if in China. Afterall, this is their major customer. No due diligence? Comeon. You are just taking rubbish and wasting other people' s time here. Zero value add.
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Superkilat
Elite |
11-May-2019 18:25
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You dun talk cok lah. Board cannot get his passport and id. You thought they are policeman. | ||||
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sbscap
Master |
11-May-2019 18:22
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You are good for saying rubbish. Yeah, just a guy with the same name, same passport number, same address, same DOB but it is not the same person. Only a nuthead like you will write something like this here.
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Superkilat
Elite |
11-May-2019 18:05
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Sgx ssid board must ensure accuracy when the company reply the qeury. But board is not trained to be investigator. How they verify if the founder deny him as BIL? | ||||
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like2learn
Veteran |
11-May-2019 18:01
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I thought the purpose of auditors appointment is for the verifying, not sure how sgx wants to verify - fly to china themselves ? 
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JarBinx
Member |
11-May-2019 17:58
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So even after BWL give their response on Monday, it may still be suspended?
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Superkilat
Elite |
11-May-2019 17:57
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Why only china sales? Other sales they are not suspecting? Sometimes sgx makes us think that they are short seller proxy. | ||||
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Sin_Cos_Tan
Veteran |
11-May-2019 17:52
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The SGX has the authority to suspend trading when it is in the interest of maintaining a fair, orderly and transparent market. That suspension will continue until it has completed its investigations into the veracity (conformity to facts accuracy) of the company' s China sales.  
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like2learn
Veteran |
11-May-2019 17:46
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Either best is yet to be OR worst is yet to see ..... 
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Shifu8888
Supreme |
11-May-2019 16:46
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Prepare for the UNEXPECTED now.... | ||||
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Leehonghng
Member |
11-May-2019 15:50
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Since late last year, no banks and/or financial institutions will take-in bwi shares as collateral as this counter is considered as a DEAD stock.
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like2learn
Veteran |
11-May-2019 15:48
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Imo the whole episode cld hv been handled better. Short sellers r part of the stock mkt ecosystem, if share price keep dropping so be it. in the long run, the share price will reflect the underlying value of the stock. If there r allegations of fraud, yes, authorities shd investigate. If there is a need to appt 3rd party audit, so be it. But halting/suspension whenever there are new developments do not serve investors(long or short) well- it defeats the purpose of a stock mkt listing. Dun really understand why all the halting/suspension r happening.
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Winnerdrama
Member |
11-May-2019 15:15
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What better way to secure loan? If share prices are low, the impact of your so called collateral will be deemed worthless to banks and organisation. Best World needs all the magic to tide through this disaster | ||||
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Superkilat
Elite |
11-May-2019 14:58
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I believe any fraud is easier to investigate given the founders and the headquarter are in Singapore. | ||||
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