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441-460 of 3384
Haha, one scumbag purposely sold down 500 shares at 0.123..😡
Smarty ( Date: 27-Sep-2022 10:47) Posted:
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back to Arti also no use, obviously somebody di di siao siao this counter. Either need to teach him a lesson or report to SGX regco lor
Smarty ( Date: 27-Sep-2022 10:47) Posted:
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All time Low below 0.13
bring back Arti!!
bring back Arti!!
wish all the ex staffs can move on with their life, all this hates are bad for own health too. Btw give all the retailers a break 🙏 🙏 🙏
look@bright ( Date: 22-Sep-2022 13:43) Posted:
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Co' s response to SGX Query - 22 Sept 2022:
" The ECT issued the orders in respect of the claims by Mr Anthony Koh on 16 June 2022 and the orders in respect of the claims by Ms Madeline Sam on 28 July 2022 (collectively, the & ldquo ECT Orders& rdquo ).
All sums ordered to be paid to Mr Koh and Ms Sam under the ECT Orders have been fully settled and the legal proceedings have been concluded.
The ECT Orders were not announced by the Company on SGXNet earlier as the Board was of the view that the aggregate amount of S$77,501.52 under the ECT Orders (the & ldquo Claim Amount& rdquo ) was not material to the Group and the receipt of the ECT Orders did not constitute material information which the Company was required to disclose under Rule 703 of the Singapore Exchange Securities Trading Limited Listing Manual Section B: Rules of Catalist. 4.
In determining that the receipt of the ECT Orders did not constitute material information warranting disclosure, the Board had considered that the Claim Amount constituted only (i) 1.4% of the Group& rsquo s total equity (ii) 1.5% of the Group& rsquo s free cash on hand (after excluding the amount which has been earmarked for settlement of merchant funding) and (iii) 0.3% of the Group& rsquo s total assets, based on the Group& rsquo s audited consolidated financial statements for the financial year ended 31 December 2021. In addition, the Group had sufficient cash to meet the payment of the Claim Amount at any time and doing so would not give rise to any cash flow problem for the Group. "
Ruling that the co had wrongfully dismissed the ex CEO and ex CFO should be a disclosable item to the investors. Shareholder would like to know why they were being wrongfully dismissed. CEO and CEO are the most senior positions in the Co. To compare the amount paid to the equivalent of say acquisiton and disposal of assets is not appropriate here. Even a nominal penalty being paid, and the company was at fault, would also be of concern to the shareholders as it may have relevance to good governance and the BOD' s oversight.
" The ECT issued the orders in respect of the claims by Mr Anthony Koh on 16 June 2022 and the orders in respect of the claims by Ms Madeline Sam on 28 July 2022 (collectively, the & ldquo ECT Orders& rdquo ).
All sums ordered to be paid to Mr Koh and Ms Sam under the ECT Orders have been fully settled and the legal proceedings have been concluded.
The ECT Orders were not announced by the Company on SGXNet earlier as the Board was of the view that the aggregate amount of S$77,501.52 under the ECT Orders (the & ldquo Claim Amount& rdquo ) was not material to the Group and the receipt of the ECT Orders did not constitute material information which the Company was required to disclose under Rule 703 of the Singapore Exchange Securities Trading Limited Listing Manual Section B: Rules of Catalist. 4.
In determining that the receipt of the ECT Orders did not constitute material information warranting disclosure, the Board had considered that the Claim Amount constituted only (i) 1.4% of the Group& rsquo s total equity (ii) 1.5% of the Group& rsquo s free cash on hand (after excluding the amount which has been earmarked for settlement of merchant funding) and (iii) 0.3% of the Group& rsquo s total assets, based on the Group& rsquo s audited consolidated financial statements for the financial year ended 31 December 2021. In addition, the Group had sufficient cash to meet the payment of the Claim Amount at any time and doing so would not give rise to any cash flow problem for the Group. "
Ruling that the co had wrongfully dismissed the ex CEO and ex CFO should be a disclosable item to the investors. Shareholder would like to know why they were being wrongfully dismissed. CEO and CEO are the most senior positions in the Co. To compare the amount paid to the equivalent of say acquisiton and disposal of assets is not appropriate here. Even a nominal penalty being paid, and the company was at fault, would also be of concern to the shareholders as it may have relevance to good governance and the BOD' s oversight.
This cow dung might break 0.13 and if continue to dive single digit share price possible
Next AGM should question management
why share price keeping spiralling down
why share price keeping spiralling down
Change name and management may have better luck
that' s bad, not good for own health if forever cannot move on.
Smarty ( Date: 22-Sep-2022 13:06) Posted:
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Agreed! Should invite AK back and changed back to Old Team which was at previous high @ 60 cents.
Smarty ( Date: 22-Sep-2022 12:57) Posted:
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Well May be some disgruntled or spiteful ex staff did not want the share price to go up
who so free to sell 100 shares everyday? Why?
Smarty ( Date: 22-Sep-2022 12:57) Posted:
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As I said the tide turned when they sacked AK and the team over boardroom tussle and changed name from MCP which has more meaning than some cow name
Bottomless including Oxley and Aspen. Why?
Smarty ( Date: 22-Sep-2022 12:19) Posted:
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This stock worst than junk
so many tie up and collaborations with business entities yet share price sunk to bottomless pit
so many tie up and collaborations with business entities yet share price sunk to bottomless pit
report to sgx for manipulation! who keep doing that, the sour guy?
moron101 ( Date: 22-Sep-2022 11:51) Posted:
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can report this irregularities to SGX to investigate the small lot seller? Am temping to do so.. There are already so many small trades evidents SGX can look into already..
look@bright ( Date: 20-Sep-2022 13:10) Posted:
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everyday got somebody sell down small no. shares after a buy up, same behaviour everyday. Who?
OxPay ordered to pay ex-CEO, ex-CFO for wrongful dismissal
SINGAPORE&rsquo S Employment Claims Tribunal (ECT) has ordered payment services company OxPay Financial : TVV +3.68% to pay its former chief executive and chief financial officer S$77,501.52 following wrongful dismissal claims by the 2 individuals, according to copies of the orders seen by The Business Times.
Former executive director and chief executive Anthony Koh resigned from MC Payment, as Oxpay was known at the time, on Jul 1, 2021, according to filings on the Singapore Exchange. A day later, CFO Madeline Sam also resigned. Their departures came after Oxpay controlling shareholder Ching Chiat Kwong succeeded in his bid to replace the directors of the company&rsquo s board.
At the time, MC Payment said that both individuals would serve a required 6-month notice period. However, in a bourse filing on Dec 1, OxPay Financial announced the immediate termination of Koh and Sam, about 1 month before their notice periods were up.
As part of ECT orders issued on Jul 28 that were seen by BT, OxPay Financial was ordered to pay Koh S$20,000 as part of the wrongful dismissal dispute, S$20,000 for the pay he was owed for the month that he was terminated early as well as costs of S$400.
OxPay SG, a subsidiary of the company, was also ordered to pay Sam S$16,800 as part of the wrongful dismissal dispute, S$19,901.52 for the pay she was owed for the month she was terminated early, the paid annual leave she was owed as well as costs of S$400.
In response to queries by BT, OxPay Financial said that it had sought leave to appeal against the ECT&rsquo s decision. That leave for appeal has however been rejected by the Singapore High Court.
Oxpay said that it and its subsidiary do not intend to pursue any further legal action, and that it intends to &ldquo move forward and focus on growing their businesses&rdquo .
Technically, there is bullish crossover in Stochastic oscillator and RSI(14) stands at 47.9 with positive bias. Updated to buy at s g x . s t o x l i n e . c o m.
