| Latest Forum Topics / China Env |
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ChinaEnv - Its all about supply & demand
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Starship
Supreme |
21-Jun-2018 17:09
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Another SGX' s Joke of the Month: China unit won' t surrender seals, claims it did not appropriate rental monies: China Environment THU, JUN 21, 2018 - 4:34 PM CHINA Environment said that managers of a wholly owned subsidiary in China would not cede over control of the unit' s funds and also rebutted allegations of possible misappropriation of rental income. China Environment, an industrial waste gas treatment company, said that it had met with the management of Anhui Dongyuan Environmental Protection Co following an earlier unsuccessful attempt to obtain the China unit' s company seals. China Environment said that at the meeting, Anhui Dongyuan' s management cited pressure from a Chinese creditor, one Li Qun Bin, for not handing over control of the subsidiary' s funds. Anhui Dongyuan' s management said that it owed 6.47 million yuan (S$1.36 million) to the creditor, China Environment stated. Anhui Dongyuan' s management also said that it did not misappropriate any rental monies, China Environment said. In May, China Environment said that auditors uncovered possible misappropriation of rental income monies at the unit as part of the audit for fiscal 2016 and 2017. At the time, China Environment requested that Anhui Dongyuan' s management hand over company seals entrusted to them pending the resolution of the misappropriation issue. But the unit' s management declined to hand over the seals and escorted Singapore management off the premises. China Environment said then that it was looking to amicably resolve the issue before taking further action. https://www.businesstimes.com.sg/companies-markets/china-unit-wont-surrender-seals-claims-it-did-not-appropriate-rental-monies-china   |
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Starship
Supreme |
20-Apr-2018 11:59
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What a joke of a stock.    Lol. China Environment ceases China units' operations no intention to pay off civil suit liabilities FRI, APR 20, 2018 - 10:55 AM http://www.businesstimes.com.sg/companies-markets/china-environment-ceases-china-units-operations-no-intention-to-pay-off-civil-suit   |
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DummyA
Senior |
26-Nov-2017 22:35
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Yesterdays ruling but today all the glory gone | ||||
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vivivava
Veteran |
08-Sep-2016 09:34
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whats ggoing on here...change of CEO and auditors |
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tormater
Senior |
28-Jul-2016 09:20
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Any news? I am still holding this junk. | ||||
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ronleech
Elite |
25-Jun-2016 14:14
Yells: "Believe in yourself. Ride with the waves......" |
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undergoing consolidation is it? |
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ysh2006
Supreme |
25-Jun-2016 14:02
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Why it was suspend care to share ?..no money or bad mgtm...
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polarinda
Master |
25-Jun-2016 13:46
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got out at 0.51   never touch china stocks again.. |
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dyingcat
Veteran |
24-Jun-2016 08:32
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SGX allows this thing to happen again n again, at the expenses of small investors' hard earned $. | ||||
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edwinjup
Supreme |
24-Jun-2016 08:13
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Suspend......those help the company to do placement.recently...pls review.ur.process..
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goldenchasis
Member |
15-Jun-2016 16:00
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zero revenue = zero dollar time to join annica & gang? $0.000 - $0.001 ... |
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ninja1235
Member |
03-Jun-2016 21:34
Yells: "No one wins all the time!" |
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Change auditor... see my point?? Fishy Fishy??
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mistiq88
Veteran |
03-Jun-2016 11:00
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42 accumulation |
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mistiq88
Veteran |
01-Jun-2016 13:28
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pump and dump counter need to have revenue meh |
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goldenchasis
Member |
01-Jun-2016 09:41
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coy no revenue ... can still buy ...? |
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tonytan44
Supreme |
31-May-2016 10:18
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time to grab some at 0.05 or 0.051 |
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johnng
Supreme |
20-Apr-2016 16:54
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SHould run tml....!! |
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ninja1235
Member |
17-Apr-2016 17:46
Yells: "No one wins all the time!" |
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Yes Nil revenue. Got project why no revenue? Possible reason - See their new strategy to collect cash and good payment terms. Basic accounting 101, if got sales but most likely customer cannot pay = no revenue Signs of possible fake revenue pumping... see their spike in bad debts for FY2015. Problem with previous management? If not why Mr. Huang step down (health reason?) but still continue to have other businesses??? This S-chip GG  man.. tml market open... got how much sell how much!!!
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edwinjup
Supreme |
17-Apr-2016 08:53
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Did i see wrongly....company say nil rev.....avoid +avoid+ avoid..... | ||||
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johnng
Supreme |
11-Apr-2016 16:36
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DOW JONES to rally big tonite?? DBS so strong |
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