Tat Seng Packaging

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#51
(25-09-2020, 07:15 AM)pianist Wrote: Why he wanna give personal guarantee to hanny?

this hanny...whole day sell assets never pay out...use cash to buy other assets.
frankly dont know cash there or not...

Wont touch Allan Yap's companies...
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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#52
They are paid quite well considering the size of the company...
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#53
(25-09-2020, 06:46 PM)opmi Wrote:
(25-09-2020, 07:15 AM)pianist Wrote: Why he wanna give personal guarantee to hanny?

this hanny...whole day sell assets never pay out...use cash to buy other assets.
frankly dont know cash there or not...

Wont touch Allan Yap's companies...

I see him botak chiak bui bui, dunno if he has high BP, high cholesterol & high sugar
Where to find further news on hanny?
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#54
(25-09-2020, 09:59 PM)pianist Wrote:
(25-09-2020, 06:46 PM)opmi Wrote:
(25-09-2020, 07:15 AM)pianist Wrote: Why he wanna give personal guarantee to hanny?

this hanny...whole day sell assets never pay out...use cash to buy other assets.
frankly dont know cash there or not...

Wont touch Allan Yap's companies...

I see him botak chiak bui bui, dunno if he has high BP, high cholesterol & high sugar
Where to find further news on hanny?

This thread on valuebuddies provide some insights into Hanny: https://www.valuebuddies.com/thread-3276.html

From this website:
https://theasiancontrarian.com/hanwell-h...ng-growth/

[b]Remuneration[/b] –  it was reported in 2017, 2016 and 2015, the Executive Chairman, Dr Allan Tan and Executive Director, Dr Tang Cheuk Chee were richly remunerated despite the Group’s struggling performance.

Dr Allan Yap received:
2017: $1,639,000 (6.4% of operating income)
2016: $1,458,000 (5.7% of operating income)
2015: $1,342,000 (10% of operating income)
While Dr Tang received:
2017: $772,000 (3% of operating income)
2016: $711,000 (3.1% of operating income)
2015: $667,000 (5% of operating income)

Dr Tang Cheuk Chee, aged 47, is the spouse of Dr Allan Yap, aged 63, the former Executive Chairman of the Company. She holds the position of Marketing Director for Ette Bright International Pte Ltd. Dr. Tang is also on the board of Tat Seng Packaging Group Ltd., Hanwell Holdings Ltd., Richstream Pte Ltd. and SingExpress Travel Pte Ltd. Dr. Tang received an undergraduate degree from Sun Yat-Sen University.
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#55
(26-09-2020, 09:18 AM)weii Wrote:
(25-09-2020, 09:59 PM)pianist Wrote:
(25-09-2020, 06:46 PM)opmi Wrote:
(25-09-2020, 07:15 AM)pianist Wrote: Why he wanna give personal guarantee to hanny?

this hanny...whole day sell assets never pay out...use cash to buy other assets.
frankly dont know cash there or not...

Wont touch Allan Yap's companies...

I see him botak chiak bui bui, dunno if he has high BP, high cholesterol & high sugar
Where to find further news on hanny?

This thread on valuebuddies provide some insights into Hanny: https://www.valuebuddies.com/thread-3276.html

From this website:
https://theasiancontrarian.com/hanwell-h...ng-growth/

[b]Remuneration[/b] –  it was reported in 2017, 2016 and 2015, the Executive Chairman, Dr Allan Tan and Executive Director, Dr Tang Cheuk Chee were richly remunerated despite the Group’s struggling performance.

Dr Allan Yap received:
2017: $1,639,000 (6.4% of operating income)
2016: $1,458,000 (5.7% of operating income)
2015: $1,342,000 (10% of operating income)
While Dr Tang received:
2017: $772,000 (3% of operating income)
2016: $711,000 (3.1% of operating income)
2015: $667,000 (5% of operating income)

Dr Tang Cheuk Chee, aged 47, is the spouse of Dr Allan Yap, aged 63, the former Executive Chairman of the Company. She holds the position of Marketing Director for Ette Bright International Pte Ltd. Dr. Tang is also on the board of Tat Seng Packaging Group Ltd., Hanwell Holdings Ltd., Richstream Pte Ltd. and SingExpress Travel Pte Ltd. Dr. Tang received an undergraduate degree from Sun Yat-Sen University.

during one of the past years AGM, husband/wife's pay got grilled by one of the SH. However Board defended their pay.
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