China Animal Healthcare

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#21
finally, time to kiss goodbye.

another "quality" S-chip leaves SGX.
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#22
For those who remember this company.

http://blogs.wsj.com/chinarealtime/2015/...documents/

’Tis the season when publicly traded companies begin sifting through their financials to prepare their year-end fiscal reports. A Hong Kong-listed Chinese maker of drugs for animals will have to find its financials first.

China Animal Healthcare Ltd. said in a statement to the Hong Kong stock exchange on Monday that a truck loaded with four years’ worth of its original financial documents had been stolen. The theft, it explained, occurred earlier this month, while the truck’s driver was taking a lunch break.

The Beijing-based company said in its filing that it was gathering as many copies of the documents as possible for its auditors — the latest in a series of woes for the company. Its shares have been halted since March 30, pending the release of its still-undisclosed financial results for 2014. In September, it said, accounting firm Deloitte Touche Tohmatsu resigned as its auditor, saying the firm alleged misconduct by a China Animal Healthcare employee and that the two firms disagreed on bank balances.
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#23
Another one of those "dog ate my homework" kind of reasons.

According to the article, the thief stole the financial documents but abandoned the truck! Not behavior of a normal thief.
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#24
Another sorry schip which could have caused another fiasco on sgx, lucky it relisted on hkse.

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#25
If there is a prize each year for the most creative reasons given by companies for NOT doing something,
then these china companies will definitely win it hands down year after year.
There are no good stocks. Stocks are only good when they go up after you bought them.
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