CHINA SOLAR ENERGY HOLDINGS LIMITED
China Solar (0155): 3 directors, including Chairman, uncontactable since "around August 2013"
Company announcement, 18-Oct-2013
Questions: 1. Why didn't the auditors know, or note, that the capital of the subsidiaries was not paid up? 2. Why didn't the company announce nearly 2 months ago that the directors were uncontactable?
Company announcement, 18-Oct-2013
Questions: 1. Why didn't the auditors know, or note, that the capital of the subsidiaries was not paid up? 2. Why didn't the company announce nearly 2 months ago that the directors were uncontactable?
SFC prosecutes TingKong-RexCapital Holdings Ltd, Rexcapital Partners Inc. and Tees Corp. for disclosure failure
SFC, 13-Oct-2005
SFC, 13-Oct-2005
CSFB's Toxic Convertibles
Webb-site.com lifts the lid on the toxic convertibles scam in HK, in which small, mostly naive companies surrender control over future equity issuance to an investment bank, whose principal interest is to lock in a profit by converting bonds on a rolling basis at a deep discount to market and selling the resulting shares. CSFB has led the way down this value-destroying path, with Merrill Lynch recently joining the fray. We estimate that the banks make a gross profit on money raised of about 31%, and the average stock price has fallen 30% since a toxic convertible was launched. If you are a listed company, just say no. If you are an institutional investor, take your business elsewhere. (8-Jun-2005)
Webb-site.com lifts the lid on the toxic convertibles scam in HK, in which small, mostly naive companies surrender control over future equity issuance to an investment bank, whose principal interest is to lock in a profit by converting bonds on a rolling basis at a deep discount to market and selling the resulting shares. CSFB has led the way down this value-destroying path, with Merrill Lynch recently joining the fray. We estimate that the banks make a gross profit on money raised of about 31%, and the average stock price has fallen 30% since a toxic convertible was launched. If you are a listed company, just say no. If you are an institutional investor, take your business elsewhere. (8-Jun-2005)
SFC prosecutes Kanjanapas Keeree (aka Wong Chong Shan) under the Securities (Disclosure of Interests) Ordinance
SFC, 24-Feb-1999
SFC, 24-Feb-1999
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