Dear Valuebuddies,
This is an earnest request. If you know of any Foreland shareholders (No matter how small, Foreland has more than 1100 individual shareholders. I met up with just 7 of them at the AGM) please ask them to contact me/ send me a private message.
We are a small group of exisiting shareholders who feel quiet genuinely aggrieved by all that has happened.
We are hoping to get as many shareholders together as possible and give it our best shot to get any WRONGS done to us set RIGHT.
We are willing to put in as much time and effort as is required to get this done. You can be assured of that.
Please find outlined our plan of action (with timelines):
1. Prepare a detailed letter (Max of 2 pages) addressed to
(a) SGX
(b) SIAS
Timeline: To be done by 7th September 2014 (Sunday)
2. Fix meeting in Tanglin Mall for shareholders to sign the letter to SGX and SIAS
Timeline: 14th September 2014 (Sunday)
3. Submit duly signed letter (By as many shareholders as possible) personally/ by e-mail/ by courier to:
(a) SGX
(b) SIAS
Timeline: By 21st September 2014 (Sunday)
4. Write to Straits Times & Business Times Forum
Timeline: By 21st September (Sunday)
5. Plan a meeting of all shareholders after the submission of letter to the SGX/ SIAS as well as efforts in publicising the case through the local media.
Timeline: By 28th September (Sunday)
6. Make a physical representation to the SGX by visiting them (In case there is no reply to our complaint letter)
Timeline: By 3rd October (Friday)
Responsibility: As many shareholders of Foreland as possible.
We have already started work on Point 1 and we would like to make sure that the action plan detailed above is carried out by the timelines indicated.
Do wish us luck
Regards,
"You are right not because the world agrees or disagrees with you, rather you are right because your facts & reasoning are right."