@weijian, thank you for sharing.
What other company might be in vol-6?
Do you think that Bestworld might qualify as a case study?
or not?
Hi Chialc,
Best world, I am not sure yet.
However, if i were to provide A/P Mak Yuen Teen with inputs; they will be" i) an update to Noble incident, ii) Fujian Zhenyun, iii) Universal Recourse- Money Disappearing Act, iv) Pacific Andes Group Structure and the forcing of sale of China Fishery, v) 8I Holdings and vi) The collapse of Rickmers Trust, vii) Sabana REIT tussle, viii) Singholdings, viii) First Ship Lease's sponsor potential sale to Navios and the conditions of dilution (test the knowledge of an investor's interpretation of Singapore's Business Trust Act)
If I were to add a special edition, it will be to investigate how a few REITS have been capable of adding fair value gains in their properties despite suffering from declining rentals and diminishing lease tenure on their local properties. This has boosted the asset value of REITS. And my pondering if they are ever going to reverse these fair value gains
Our SGX scene has a lot of stories to uncover; it is just how many of us are bothered, have the energy and guts to uncover what the regulators are not seeing
mmm....
what about Singapore shipping corp and of course St******?
(20-08-2017, 11:11 AM)CY09 Wrote: [ -> ]Hi Chialc,
Best world, I am not sure yet.
However, if i were to provide A/P Mak Yuen Teen with inputs; they will be" i) an update to Noble incident, ii) Fujian Zhenyun, iii) Universal Recourse- Money Disappearing Act, iv) Pacific Andes Group Structure and the forcing of sale of China Fishery, v) 8I Holdings and vi) The collapse of Rickmers Trust, vii) Sabana REIT tussle, viii) Singholdings, viii) First Ship Lease's sponsor potential sale to Navios and the conditions of dilution (test the knowledge of an investor's interpretation of Singapore's Business Trust Act)
If I were to add a special edition, it will be to investigate how a few REITS have been capable of adding fair value gains in their properties despite suffering from declining rentals and diminishing lease tenure on their local properties. This has boosted the asset value of REITS. And my pondering if they are ever going to reverse these fair value gains
Our SGX scene has a lot of stories to uncover; it is just how many of us are bothered, have the energy and guts to uncover what the regulators are not seeing
Very curious, why do we have viii) Sing Holdings on this list!
(20-08-2017, 02:35 PM)sgmystique Wrote: [ -> ] (20-08-2017, 11:11 AM)CY09 Wrote: [ -> ]Hi Chialc,
Best world, I am not sure yet.
However, if i were to provide A/P Mak Yuen Teen with inputs; they will be" i) an update to Noble incident, ii) Fujian Zhenyun, iii) Universal Recourse- Money Disappearing Act, iv) Pacific Andes Group Structure and the forcing of sale of China Fishery, v) 8I Holdings and vi) The collapse of Rickmers Trust, vii) Sabana REIT tussle, viii) Singholdings, viii) First Ship Lease's sponsor potential sale to Navios and the conditions of dilution (test the knowledge of an investor's interpretation of Singapore's Business Trust Act)
If I were to add a special edition, it will be to investigate how a few REITS have been capable of adding fair value gains in their properties despite suffering from declining rentals and diminishing lease tenure on their local properties. This has boosted the asset value of REITS. And my pondering if they are ever going to reverse these fair value gains
Our SGX scene has a lot of stories to uncover; it is just how many of us are bothered, have the energy and guts to uncover what the regulators are not seeing
Very curious, why do we have viii) Sing Holdings on this list!
Hi Sgmystique,
Based on what transpired here, where shareholders tried to ask the mgmt to do something with its cash hoard in 2015 and its transference of unsold Robin Residence units
He's always a sharp and deeply analytical person. I learnt a lot from his past volumes. It takes some courage to write certain things....
Kudos to Japan Food as they practise the spirit of the guidelines, although the restaurant business itself is altogether another huge factor to consider when reviewing whether Japan Food is a good investment.
On the other hand, the 2 other contrasting examples bought up later is good "food for thought".
Independent directors: From good to ridiculous
Recently, I was having dinner with Mr Tan Lye Huat, an experienced independent director, and some other friends. He shared that he had served more than nine years as an independent director (ID) at Japan Foods Holdings. Before its recent AGM, he discussed with the major shareholder and said that his continuation as an ID should be subject to a vote by the independent shareholders only. He suggested that the major shareholder voluntarily abstain from voting for his election. With that, Japan Foods has, to my knowledge, become the first company listed in Singapore to subject an independent director election to the vote of independent shareholders only.
http://governanceforstakeholders.com/201...idiculous/