"Under the partnership agreement, NoonTalk and Merak will incorporate a company, Verve Media Live, NoonTalk said in a bourse filing on Wednesday (Dec 31). It will have an issued and paid-up share capital of S$1,000 comprising 1,000 shares, with 81 per cent held by Merak and 19 per cent held by NoonTalk."
Paid-up capital of $1K nia? On a stock exchange??? NoonTalk isn't just any stock, it's a laughing stock. SGX why you allow such crap to list in the first place???!!!!
More at https://url1.io/HCQij