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  1. J

    Regulators Refusing to Act - Hyflux & Noble Group's Decline

    New 'wrongful trading' provision that removes the requirement for a criminal conviction before civil liability can be imposed. A company 'trades wrongfully' if it incurs debts or liabilities without reasonable prospect of meeting them in full when the company is insolvent, or becomes insolvent...
  2. J

    Regulators Refusing to Act - Hyflux & Noble Group's Decline

    PROPERTY developer Oxley Holdings recorded a net loss of S$296.3 million for the second half of the financial year ended June 30. The H2 net loss was a sharp reversal from the S$62.5 million net profit in the year-ago period. The latest results take Oxley's full-year net loss to S$280.6...
  3. J

    nabay abe tiok wuhan si boh?

    is it bad news? yen slightly weaker now
  4. J

    Regulators Refusing to Act - Hyflux & Noble Group's Decline

    shit, not this announcement https://links.sgx.com/FileOpen/Announcement - 27 August 2020 final.ashx?App=Announcement&FileID=629457
  5. J

    Regulators Refusing to Act - Hyflux & Noble Group's Decline

    hahahahaha FYA!!! Good points. Anyway, an important announcement is coming.
  6. J

    Is Singtel the next SIA?

    I gauge that if Singtel don't issue rights this year, banks will be reluctant to extend credit to them next year.
  7. J

    Is Singtel the next SIA?

    Airtel is a blackhole, there is no end to it. For every $1 cash, Keppel owes $7 For every $1 cash, Singtel owes $14 Singtel earnings fall amid additional Airtel charge Singapore, August 24 (ANI): Last week, Southeast Asia's largest telco, Singtel, reported lower revenues and earnings for its...
  8. J

    Regulators Refusing to Act - Hyflux & Noble Group's Decline

    I fear that Hyflux's govt-linked management reached some kind of undertable agreement with NEA to not pursue NEA's misleading demand projections.
  9. J

    Regulators Refusing to Act - Hyflux & Noble Group's Decline

    Now, more suitors are going to appear to bail out olivia Yesterday's news: HYFLUX on Thursday announced that the unsecured working group (UWG) of bank lenders has filed its application for a judicial management order...
  10. J

    Regulators Refusing to Act - Hyflux & Noble Group's Decline

    THE Securities Investors Association (Singapore), or Sias, does not plan to endorse the rescue offers for Hyflux put forth by potential white knights including Utico, Sias chief executive David Gerald said in a statement on Thursday. He was responding to a July 29 statement by Utico, urging...
  11. J

    Why like that? Why kill of my fave Mitsubishi Pajero???

    Go for a Toyota Land Cruiser
  12. J

    Regulators Refusing to Act - Hyflux & Noble Group's Decline

    BOD Gay Chee Cheong and former Hyflux's Cynthia Chia's Heliconia (Temasek) just bailed out Pacific International Lines https://www.tradewindsnews.com/finance/heliconia-hands-lifeline-funds-to-pacific-international-lines/2-1-849313 Cynthia is so ashamed of her Hyflux past that she removed the...
  13. J

    Bloomberg: Intel ‘Stunning Failure’ Heralds End of Era for U.S. Chip Sector

    Let's say you are Morris Chang, AMDK said, "I give you Intel, you gradually leave China." Will you bite? I will.
  14. J

    Bloomberg: Intel ‘Stunning Failure’ Heralds End of Era for U.S. Chip Sector

    In comparison, a greater % of AMD's workforce are Asians.
  15. J

    Forest City - Fake Islands Could Spell Real Economic Trouble

    https://asia.nikkei.com/Business/Markets/Property/Coronavirus-slows-China-funded-100bn-city-in-Malaysia KUALA LUMPUR -- Fallout from the coronavirus pandemic appears likely to delay the Chinese-backed $100 billion megacity being developed in Malaysia off the coast of Singapore. Built and...
  16. J

    Bloomberg: Intel ‘Stunning Failure’ Heralds End of Era for U.S. Chip Sector

    Intel had some tech transfer to TSMC lately. I suspect Intel wants to focus on design. They can't compete in manufacturing. If TSMC and Intel become one, Hynix, Samsung, SMIC, UMC, Toshiba and Micron will be forced to restructure.
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