crap load!
Jan. 25 (Bloomberg) --
Six of the 11 Chinese companies listed in Singapore that sold convertible bonds between 2005 and 2008 have said they are unable to repay debts, the South China Morning Post reported, citing an investor association official.
The Securities Investors Association of Singapore asked the Chinese government to discipline the companies since Singapore doesn’t have the authority to do so,
Chairman David Gerald said, according to the Hong Kong-based newspaper. The association represents 4,000 small shareholders, the report said.
Steel group Delong Holdings Ltd. and developer Sunshine Holdings Ltd. have reorganized their finances, while the other four companies are negotiating with creditors, the report said.
Delong said in September that it planned to restructure about 1.5 billion yuan ($220 million) of convertible bonds due in 2012 and Sunshine Holdings said in the same month that it reached a settlement agreement on $120 million of loans. Delong Holdings Chairman Ding Liguo didn’t return calls from Bloomberg News seeking comment today while Foo Soon Soo, joint secretary for Sunshine Holdings, declined to comment.
China Printing & Dyeing Holdings Ltd., China Milk Products Group Ltd., Sino-Environment Technology Group Ltd. and FerroChina Ltd. are the other companies named by the SCMP.
China Printing said Oct. 26 it was in restructuring talks with a potential investor, then said Jan. 21 that the Singapore Exchange ordered it to delist by Feb. 12. China Milk said on Jan. 5 that it wouldn’t be able to meet a repayment deadline for convertible bonds due in 2012 because it was awaiting approval from China’s State Administration of Foreign Exchange.
Sino-Environment, a provider of waste-treatment services, said in July that it couldn’t pay interest on S$149 million ($106 million) of convertible bonds and asked creditors for more time to review its finances. Steelmaker FerroChina Ltd. said on Dec. 17 that the Singapore bourse asked it to delist after saying in October 2008 that it was unable to repay 706 million yuan of loans amid the credit crisis.
Calls to the offices of China Milk, China Printing, Sino-Environment and FerroChina weren’t immediately answered.
whether its 3 or 6 months
i need to renew my passport
crap lah, now got new number to remember. i prefer the passport number = ic number
nothing new w/ those dragon shares in Singapore
Originally posted by kopiosatu:whether its 3 or 6 months
i need to renew my passport
crap lah, now got new number to remember. i prefer the passport number = ic number
ya! I was filling up forms in cambodia.. then i have to keep taking out my passport to see what's my new passport number ..
sibeh troublesome..
Another YES933 DJ decides to become poly lecturer
Reminds me... Tat day Renci show seeing Chua Lilian, Eric Moo & Dawn Gan was nostalgic
Originally posted by ä¸�如就æ»:ya! I was filling up forms in cambodia.. then i have to keep taking out my passport to see what's my new passport number ..
sibeh troublesome..
heng ah... my new passport number is sooooo very easy to remember as there's only like a few different numbers and it's all paired...
The down-side is, even my friends can remember my passport number after they see it for 1-2 times -____-
at least with the new passport i can go through the scanner gantry
with my current passport, i always queue up at the counter
oh my
Last week, police, ICA, CNB and even SAF MPs are called up to raid Geylang for vices...
Since when SAF is called up to raid civilian vices?
Originally posted by kopiosatu:at least with the new passport i can go through the scanner gantry
with my current passport, i always queue up at the counter
then urs is the older version passport .. my old one, i could also go through the scanner gantry ..
eh .. 11 am already ..
kopi's new phone hasn't arrive yet?
Originally posted by ^Acid^ aka s|aO^eH~:
heng ah... my new passport number is sooooo very easy to remember as there's only like a few different numbers and it's all paired...The down-side is, even my friends can remember my passport number after they see it for 1-2 times -____-
go give the number to fatum. he's the one into toto.
Originally posted by ä¸�如就æ»:then urs is the older version passport .. my old one, i could also go through the scanner gantry ..
this passport i have, suppose to expire 2001
Originally posted by ä¸�如就æ»:eh .. 11 am already ..
kopi's new phone hasn't arrive yet?
haven't leh
Originally posted by kopiosatu:this passport i have, suppose to expire 2001
HUH? then how on earth did u manage to get out of sg from 2001 until now?!
anyway, Singapore would soon have 1 more container terminal to record
1 more coming at Jurong Island to be runned by PSA.
Originally posted by sbst275:Another YES933 DJ decides to become poly lecturer
Reminds me... Tat day Renci show seeing Chua Lilian, Eric Moo & Dawn Gan was nostalgic
oooh I like cai lilian
omfg
now there's a thread saying abt post O level posting result
There's 1 poly course, 7 pts was the cut off based on 5 subject!
Originally posted by av98m:oooh I like cai lilian
she's cute and sweet
I think of all in e xinyao gang, she's e youngest.
Originally posted by sbst275:
she's cute and sweetI think of all in e xinyao gang, she's e youngest.
she's got a very nice voice
AV, good luck, if you're going to Airshow
Shuttle bus operated by SMRT. I dunno how are they going to get e enough buses for it.
Oh yeah, tat RWS public bus isn't tat public bus after all. They demanded buses to be less than 5 yrs old to serve their IR.
Originally posted by ä¸�如就æ»:HUH? then how on earth did u manage to get out of sg from 2001 until now?!
paiseh
its expire at 2000
then i extend till 2010 on paper
so the computer only recognise my yr 2000 expiry when it scans my passport
Originally posted by kopiosatu:paiseh
its expire at 2000
then i extend till 2010 on paper
so the computer only recognise my yr 2000 expiry when it scans my passport
you can do that!? so means for the past 10 years, you din have to pay ?
Originally posted by sbst275:AV, good luck, if you're going to Airshow
Shuttle bus operated by SMRT. I dunno how are they going to get e enough buses for it.
Oh yeah, tat RWS public bus isn't tat public bus after all. They demanded buses to be less than 5 yrs old to serve their IR.
I'm not. I totally forgot about it
Originally posted by ä¸�如就æ»:you can do that!? so means for the past 10 years, you din have to pay ?
pay what?
Originally posted by kopiosatu:pay what?
if ur old passport expired in 2000, u would have to make a new one mah .. new passport = pay money ..