Foreland Fabrictech

[sgmystique]

Wow, seems like things are moving in the right direction as far as Foreland is concerned. I just wonder what makes Mr. Yang Meng Yang (EC & ED) go after Mr. Tsoi since I am sure he would be aware of all the drama that happened at Foreland before he came in! 

"The Board of Directors (the “Board”) of Foreland Fabrictech Holdings Limited (the “Company”, and together with its subsidiaries, the “Group”) refers to the public reprimand (the “Public Reprimand”) dated 11 November 2016 made by Singapore Exchange Securities Trading Limited (“SGX-ST”) against, inter alia, the Company and Mr Tsoi Kin Chit, the former Executive Chairman of the Company. 

Further to the Public Reprimand, the Board wishes to announce that the Company has lodged a complaint (the “Complaint”) against Mr Tsoi Kin Chit with the Commercial Affairs Department (“CAD”) today in relation to possible breach(es) of securities laws or other offences arising from the Public Reprimand."

http://infopub.sgx.com/FileOpen/Announce...eID=432149

[brattzz]

Mr Tsoi is not in sg rite? Co. money all gone, he does not need to come back to sg anymore, not sure what CAD can do?

[sgmystique]

Mr Tsoi is not in sg rite? Co. money all gone, he does not need to come back to sg anymore, not sure what CAD can do?

I don't think Mr. Tsoi is ever going to set foot in Singapore again. Am just happy that the process of going after is still on. Had never expected CAD getting into the picture. The money is obviously gone, however if the crook is brought to justice someday it will reinforce belief in the system!

[cyclone]

243,000/27,000,000 = 0.009

On 8 December 2016, Mr Tsoi Kin Chit disposed 27,000,000 shares via off-market transaction for a consideration of S$243,000 and ceased to be a substantial shareholder.

[brattzz]

still got people willing to pay 0.009 cts to buy????? :O :O :O
cannot understand gosh!!!!

[cyclone]

Request for Trading Halt : Pending release of announcement.

[weijian]

RECEIPT OF LETTER OF DEMAND

The Board of Directors of Foreland Fabrictech Holdings Limited (the "Company" and, together with its subsidiaries, the “Group”) wishes to announce that the Company has received a letter of demand dated 10 August 2017 (“Letter of Demand”) from Tan Chin Hoe & Co claiming the outstanding fee owing to BDO LLP (“BDO”) of S$40,607.51 in respect of special audit services rendered in 2015.

Notice was given in the Letter of Demand that BDO expects the Company to repay full sum of outstanding fee by 31 August 2017 to prevent winding-up proceedings against the Company.

http://infopub.sgx.com/FileOpen/Announce...eID=467810