China Animal Healthcare

[kayhian]

finally, time to kiss goodbye.

another "quality" S-chip leaves SGX.

[grubb]

For those who remember this company.

http://blogs.wsj.com/chinarealtime/2015/...documents/

’Tis the season when publicly traded companies begin sifting through their financials to prepare their year-end fiscal reports. A Hong Kong-listed Chinese maker of drugs for animals will have to find its financials first.

China Animal Healthcare Ltd. said in a statement to the Hong Kong stock exchange on Monday that a truck loaded with four years’ worth of its original financial documents had been stolen. The theft, it explained, occurred earlier this month, while the truck’s driver was taking a lunch break.

The Beijing-based company said in its filing that it was gathering as many copies of the documents as possible for its auditors — the latest in a series of woes for the company. Its shares have been halted since March 30, pending the release of its still-undisclosed financial results for 2014. In September, it said, accounting firm Deloitte Touche Tohmatsu resigned as its auditor, saying the firm alleged misconduct by a China Animal Healthcare employee and that the two firms disagreed on bank balances.

[gzbkel]

Another one of those "dog ate my homework" kind of reasons.

According to the article, the thief stole the financial documents but abandoned the truck! Not behavior of a normal thief.

[BlueKelah]

Another sorry schip which could have caused another fiasco on sgx, lucky it relisted on hkse.

Sent from my MotoG3 using Tapatalk

[level13]

If there is a prize each year for the most creative reasons given by companies for NOT doing something,
then these china companies will definitely win it hands down year after year.