Sino Grandness

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Fy2020
https://links.sgx.com/1.0.0/corporate-an...0e31c57e10
You can find more of my postings in http://investideas.net/forum/
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4 years late and the title of the PDF seems to be "China Entertainment Sports" Big Grin Interesting why there is no notice for delisting or exit offer (for formality)

(04-12-2020, 09:15 PM)specuvestor Wrote: Frankly I am pretty impressed that they could actually last into 2020
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
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hi specuvestor,

I guess this is where the "vague" SGX listing rules in theory, come into practice. Big Grin

As long as they continue to pay their listing and compliance fees - the show will carry on. Why shouldn't it? At the end of the day, the folks that are higher up on the capital structure, ie. the bond holders should have the honor (or burden) to end the show. If these bond holders choose the pretend option, no point for anyone benefiting from the pretense, to put a stop to it.
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yes definitely "vague" as per what we discussed in another thread:

https://www.valuebuddies.com/thread-8947...#pid171237

bondholders close the show for the company as an entity. SGX has the responsibility when the entity is listed.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
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