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821-840 of 1138
Road to decadence may lead to ah Seng to buy at lelong price later
all go in 7 years then maybe ohl can buy up the company
Ah ong few years back already dump all his shares and this stock may drop even lower
There is a saying," those whom the gods wish to destroy they first make him mad" - was he mad?
Attended one AGM years ago. The board members were ARROGANT and brushed off questions from minority shareholders - same situation at OUE
Attended one AGM years ago. The board members were ARROGANT and brushed off questions from minority shareholders - same situation at OUE
luckyguy3 ( Date: 22-Sep-2024 09:34) Posted:
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Wow liao.. this counter share price last time was > $5 , even higher than singtel etc..
Why karma? what is the story.. happened to come across this counter
aragosta ( Date: 21-Sep-2024 16:18) Posted:
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wow what happened to him? just 10 years ago, he was singapore 10th richest person.. what happened sia
Lim How Teck and four other Raffles Education directors charged with disclosure breaches
All the disclosure charges stem from a loan extended by Affin Bank to two subsidiaries of Raffles Education
CORPORATE figure Lim How Teck and four fellow directors of Raffles Education : NR7 0%, including chairman-cum-chief executive Chew Hua Seng, were charged on Friday (Sep 20) with breaching disclosure obligations under the Securities and Futures Act.
Lim, Chew, Ng Kwan Meng, Ho Yan Jun, and John Teo Cheng Lok face two charges each.
The two disclosure charges stem from a loan of about RM416 million (S$125.3 million) extended by Affin Bank to the private education provider&rsquo s subsidiaries &ndash Raffles K12 and Raffles Iskandar &ndash which manage schools in Malaysia.
The Raffles Education group was first served legal letters in February 2021 the lawsuit filed by Affin Bank followed in May 2021, asking for immediate repayment of the loan. However, this was disclosed to shareholders only two months later, on Jul 29, at the request of the Singapore Exchange.
Lim resigned as chairman of Temasek-backed Heliconia Capital, months after the 73-year-old was arrested in February 2022 over the alleged disclosure breaches.
Both he and Ng, 67, are independent non-executive directors the 61-year-old Ho is a non-independent, non-executive director, says the education provider&rsquo s website.
Chew, 70, is controlling shareholder and founder of Raffles Education.
Teo, 74, stepped down as an independent, non-executive director in July 2021, having served on the board since October 2008, a period of more than 12 years.
The cases of Lim and the other four have been adjourned to Nov 1, as their counsel said they have just been engaged and needed to take instructions from the accused, who are out on bail of S$30,000 each.
Each charge prescribes a maximum punishment of up to seven years imprisonment and a fine not exceeding S$250,000.
Doris Chung Gim Lian, a director and member of management of Raffles K12 and Raffles Iskandar, and who was among those said to have been arrested in 2022, was not charged on Friday.
Raffles Education requested a trading halt on Friday morning, ahead of the market open, pending the release of an announcement.
Monday share price will become ????
moonsun ( Date: 21-Sep-2024 09:57) Posted:
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https://www.straitstimes.com/business/lim-how-teck-and-four-other-raffles-education-directors-charged-with-disclosure-breaches
Well done ! Justice !
Well done ! Justice !
never expect any good new from this group
Signs of rights warrants stuff
Price artificially supported at 46 to fix at X price for some corp exercise
This baby rarely have good news
Book price is 40 cents
Price artificially supported at 46 to fix at X price for some corp exercise
This baby rarely have good news
Book price is 40 cents
Chansenghoe1971 ( Date: 20-Sep-2024 14:54) Posted:
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Whatever ? no news is gd news..
Heading for dumps?
Heading for dumps?
Rights?
Privatisation?
More legal suit?
Building sale?
Or director get married?
Privatisation?
More legal suit?
Building sale?
Or director get married?
Chansenghoe1971 ( Date: 20-Sep-2024 08:56) Posted:
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At last! Yes, a few " good men" .
one must nver forget MIDAS
one must nver forget MIDAS
hschsc ( Date: 20-Sep-2024 14:14) Posted:
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Lim How Teck and four other Raffles Education directors charged with disclosure breaches
All the disclosure charges stem from a loan extended by Affin Bank to two subsidiaries of Raffles Education
CORPORATE figure Lim How Teck and four fellow directors of Raffles Education : NR7 0%, including chairman-cum-chief executive Chew Hua Seng, were charged on Friday (Sep 20) with breaching disclosure obligations under the Securities and Futures Act.
Lim, Chew, Ng Kwan Meng, Ho Yan Jun, and John Teo Cheng Lok face two charges each.
The two disclosure charges stem from a loan of about RM416 million (S$125.3 million) extended by Affin Bank to the private education provider&rsquo s subsidiaries &ndash Raffles K12 and Raffles Iskandar &ndash which manage schools in Malaysia.
The Raffles Education group was first served legal letters in February 2021 the lawsuit filed by Affin Bank followed in May 2021, asking for immediate repayment of the loan. However, this was disclosed to shareholders only two months later, on Jul 29, at the request of the Singapore Exchange.
Lim resigned as chairman of Temasek-backed Heliconia Capital, months after the 73-year-old was arrested in February 2022 over the alleged disclosure breaches.
Both he and Ng, 67, are independent non-executive directors the 61-year-old Ho is a non-independent, non-executive director, says the education provider&rsquo s website.
Chew, 70, is controlling shareholder and founder of Raffles Education.
Teo, 74, stepped down as an independent, non-executive director in July 2021, having served on the board since October 2008, a period of more than 12 years.
The cases of Lim and the other four have been adjourned to Nov 1, as their counsel said they have just been engaged and needed to take instructions from the accused, who are out on bail of S$30,000 each.
Each charge prescribes a maximum punishment of up to seven years imprisonment and a fine not exceeding S$250,000.
Doris Chung Gim Lian, a director and member of management of Raffles K12 and Raffles Iskandar, and who was among those said to have been arrested in 2022, was not charged on Friday.
Raffles Education requested a trading halt on Friday morning, ahead of the market open, pending the release of an announcement.
All the disclosure charges stem from a loan extended by Affin Bank to two subsidiaries of Raffles Education
CORPORATE figure Lim How Teck and four fellow directors of Raffles Education : NR7 0%, including chairman-cum-chief executive Chew Hua Seng, were charged on Friday (Sep 20) with breaching disclosure obligations under the Securities and Futures Act.
Lim, Chew, Ng Kwan Meng, Ho Yan Jun, and John Teo Cheng Lok face two charges each.
The two disclosure charges stem from a loan of about RM416 million (S$125.3 million) extended by Affin Bank to the private education provider&rsquo s subsidiaries &ndash Raffles K12 and Raffles Iskandar &ndash which manage schools in Malaysia.
The Raffles Education group was first served legal letters in February 2021 the lawsuit filed by Affin Bank followed in May 2021, asking for immediate repayment of the loan. However, this was disclosed to shareholders only two months later, on Jul 29, at the request of the Singapore Exchange.
Lim resigned as chairman of Temasek-backed Heliconia Capital, months after the 73-year-old was arrested in February 2022 over the alleged disclosure breaches.
Both he and Ng, 67, are independent non-executive directors the 61-year-old Ho is a non-independent, non-executive director, says the education provider&rsquo s website.
Chew, 70, is controlling shareholder and founder of Raffles Education.
Teo, 74, stepped down as an independent, non-executive director in July 2021, having served on the board since October 2008, a period of more than 12 years.
The cases of Lim and the other four have been adjourned to Nov 1, as their counsel said they have just been engaged and needed to take instructions from the accused, who are out on bail of S$30,000 each.
Each charge prescribes a maximum punishment of up to seven years imprisonment and a fine not exceeding S$250,000.
Doris Chung Gim Lian, a director and member of management of Raffles K12 and Raffles Iskandar, and who was among those said to have been arrested in 2022, was not charged on Friday.
Raffles Education requested a trading halt on Friday morning, ahead of the market open, pending the release of an announcement.
Sale of building finalised? Good news coming i think
shk363 ( Date: 20-Sep-2024 08:06) Posted:
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TRADING HALT. BBQ le just like Midas
or maybe this privatize
Ah seng bought but ah beng sold doubles of ah seng bought.....
Newcomer19707016 ( Date: 16-Apr-2024 20:19) Posted:
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Who is ah seng? Where u get the info?