Serial System Ltd
16-11-2015, 10:57 AM
(16-11-2015, 10:25 AM)cfa Wrote: His former buddy and biz partner , Eddie Chng breached MAS rules more than 10 years ago , now his turn ?http://www.businesstimes.com.sg/hub/asia...esponsible http://www.businesstimes.com.sg/hub/asia...eds-is-key why like tat?
16-11-2015, 11:07 AM
(16-11-2015, 10:57 AM)greengiraffe Wrote:(16-11-2015, 10:25 AM)cfa Wrote: His former buddy and biz partner , Eddie Chng breached MAS rules more than 10 years ago , now his turn ?http://www.businesstimes.com.sg/hub/asia...esponsible Luck running out ?
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
16-11-2015, 11:12 AM
(16-11-2015, 11:07 AM)cfa Wrote:(16-11-2015, 10:57 AM)greengiraffe Wrote:(16-11-2015, 10:25 AM)cfa Wrote: His former buddy and biz partner , Eddie Chng breached MAS rules more than 10 years ago , now his turn ?http://www.businesstimes.com.sg/hub/asia...esponsible maybe pushed his luck too far?
16-11-2015, 11:33 AM
(This post was last modified: 16-11-2015, 11:36 AM by hh488.
Edit Reason: rewrite whole text
)
Badly need some news or updates from this company.
No news is really bad news.
16-11-2015, 08:49 PM
An update of on the matter. SFA 289, Section 197 is False trading and market rigging, and Section 198 market manipulation.
(not vested) -------- The Company wishes to clarify the following: (i) Dr Derek Goh was the subject matter of the investigations by the Monetary Authority of Singapore (the “Authority”); and (ii) the investigation by the Authority concerned Section 197 / 198 of the Securities and Futures Act, Chapter 289 of Singapore. ... http://infopub.sgx.com/FileOpen/Serial%2...eID=378706
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡
16-11-2015, 10:13 PM
(This post was last modified: 16-11-2015, 10:17 PM by greengiraffe.)
(16-11-2015, 08:49 PM)CityFarmer Wrote: An update of on the matter. SFA 289, Section 197 is False trading and market rigging, and Section 198 market manipulation. http://www.valuebuddies.com/thread-2293-...#pid121114 Not many will appreciate the true values in life. In the stock mkt place, my personal experience is that only 30% of the listed businesses have the real guys that have passion in delivering real values to all the shareholders which include themselves... For many buddies, the value of investments lie beyond just the binary ability of making profits but to hunt down these real businesses and the real man behind them. Once that objective is established, it is not IF but WHEN... Its Hard Truths but sad facts... Odd Lots Vested GG
16-11-2015, 11:20 PM
This company is practically a one-man show company , if he is in trouble , not difficult to imagine the outcome .
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over. 
22-06-2017, 02:31 PM
Request for Trading Halt : Pending release of announcement.
Specuvestor: Asset - Business - Structure.
22-06-2017, 09:23 PM
Serial System Ltd announced that the company is proposing to undertake a spin-off of its subsidiary, Serial Microelectronics (HK) Limited to be listed separately on the main board of the Stock Exchange of Hong Kong Limited.
In connection with the proposed spin-off, the company intends to transfer its listing from the Main Board of the Singapore Exchange Securities Trading Limited to Catalist. More details in http://infopub.sgx.com/FileOpen/Serial%2...eID=458792
Specuvestor: Asset - Business - Structure.
21-08-2017, 06:42 PM
Incorporation of New Company and Investment in Musang Durian Frozen Food (M) Sdn. Bhd.
Serial System Ltd announced that the Company’s wholly-owned subsidiary, Serial System International Pte. Ltd. ("SSIPL"), Mr. Derek Goh Bak Heng, Executive Chairman and Group CEO and a 39.64% substantial shareholder of the Company and Datuk Philip Ting Ding Ing, an individual, has entered into a joint venture agreement in relation to a newly incorporated company in Singapore known as Bast Investment Pte Ltd ("BIPL"). BIPL has entered into a Subscription Agreement with Musang Durians Frozen Food (M) Sdn. Bhd. ("Musang Durian"), a company incorporated in Malaysia, to subscribe for 10 new shares of Musang Durian (“Proposed Subscription”) at the subscription price of MYR 1,000,000 (US$234,000) per share totalling MYR 10,000,000 (US$2,337,000). Musang Durian, a company incorporated in Malaysia with an existing issued and paid up capital of MYR 10 (US$2.3), is principally engaged in the business of manufacturing, processing, trading and exporting of durian puree and durian related products. SSIPL will hold an effective interest of 27.5% in Musang Durian after the Proposed Subscription. More details in http://infopub.sgx.com/FileOpen/Announce...eID=467906
Specuvestor: Asset - Business - Structure.
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