Homepage
PR Newswire
30-11-2015, 10:01 PM
What a mess! The "contributions" from the 2nd Gen i.e. the son?
(not vested)
SGX reprimands Sunvic for breaking rules on 1.6b yuan of IPTs over 3 years
30 Nov 2015 18:37
By Kenneth Lim
THE Singapore Exchange (SGX) has reprimanded Sunvic Chemical Holdings for breaching listing rules related to 1.6 billion yuan (S$353 million) of interested-person transactions (IPTs) over the three latest financial years.
SGX said that Sunvic, a maker of intermediate chemical products, failed to make immediate announcements of and seek shareholders approval for IPTs that had been undertaken with associates of Sunvic executive director and chief executive Sun Xiao in the 2013, 2014 and 2015 financial years.
The company also failed to ensure that the IPTS were properly disclosed in the company's annual reports for the 2013 and 2014 fiscal years.
...
Source: Business Times Breaking News
(not vested)
SGX reprimands Sunvic for breaking rules on 1.6b yuan of IPTs over 3 years
30 Nov 2015 18:37
By Kenneth Lim
THE Singapore Exchange (SGX) has reprimanded Sunvic Chemical Holdings for breaching listing rules related to 1.6 billion yuan (S$353 million) of interested-person transactions (IPTs) over the three latest financial years.
SGX said that Sunvic, a maker of intermediate chemical products, failed to make immediate announcements of and seek shareholders approval for IPTs that had been undertaken with associates of Sunvic executive director and chief executive Sun Xiao in the 2013, 2014 and 2015 financial years.
The company also failed to ensure that the IPTS were properly disclosed in the company's annual reports for the 2013 and 2014 fiscal years.
...
Source: Business Times Breaking News
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡