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Archive for the ‘Snippets’ Category
China Minzhong resumes trading after alleged fraud

China Minzhong resumes trading after alleged fraud

(3 Sep) - China Minzhong Food Corporation, a Singapore Exchange (SGX) mainboard-listed company, has been offered a mandatory conditional cash offer for S$1.12 ($0.88) a share after trading halt for almost a week, the company said on Monday. The offer was made by China Minzhong's largest shareholder, Indonesian food giant PT... 

S’porean man amasses 6,000 Barbie dolls

S’porean man amasses 6,000 Barbie dolls

(2 Sep, Reuters) - The white exterior and spartan grey staircase of Jian Yang's tidy rowhouse give no hint of the shock that lies within - a pink living room floor and his collection of more than 6,000 Barbie dolls. The 33-year-old Singaporean favors minimalist decor but the Barbies and 3,000 dolls of other kinds dominate three... 

Muddy Waters on Olam: Not changing the old ways

Muddy Waters on Olam: Not changing the old ways

[Note: Temasek Holdings invested heavily in Olam.] We continue to believe that, in a world where capital is allocated to maximize economic efficiency, Olam's shares have no value. The Company has simply borrowed too much money, and then invested in projects that will not generate sufficient returns to repay its debt obligations.... 



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