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teeth53 ( Date: 28-Aug-2013 17:24) Posted:
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Bintang ( Date: 28-Aug-2013 17:21) Posted:
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As of June...
| June | Shares Outstanding: | 655,439,000 |
| Chinese Renmimbi | Market Cap: | 3,178,859,487 |
| Chinese Renmimbi | Market Cap: | 3,178,859,487 |
Peter_Pan ( Date: 28-Aug-2013 17:11) Posted:
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Peter_Pan ( Date: 28-Aug-2013 17:11) Posted:
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eurekaw ( Date: 28-Aug-2013 17:06) Posted:
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hyruga ( Date: 28-Aug-2013 14:58) Posted:
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I think it is the truth la...The report have so many evidences. What you can do is pray that resume trading and you sell immediately, even @ $0.20 or $0.10...at least get some money back.
Sam1903 ( Date: 28-Aug-2013 14:38) Posted:
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Sam1903 ( Date: 28-Aug-2013 14:38) Posted:
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Tomorrow is the deadline unless CMZ request for suspension...
Judging at the slow response time/action from CMZ, one cannot help but to feel the allegation should be true.
Vested and shall write off and move on...
Public and Investor Relations
Mr. Dave Tan
Investor Relations Manager
China Minzhong Food Corporation Limited
Tel: +65 6346 7506
Mobile: +65 9839 0350
Email: dave@chinaminzhong.com
Tempest ( Date: 28-Aug-2013 14:18) Posted:
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Analysts steering clear of S-chips, China Minzhong
IN yet another blow to the already rock-bottom confidence in S-chips, Monday's short-selling attack on China Minzhong Food (CMF) by Glaucus Research has prompted some local broking houses to either cease coverage of CMF or even the entire S-chip sector.
" It's advisable to just avoid anything with China in its name," said a dealer at a local broking house. " Better to be safe than sorry." S-chips refer to stocks of China-based companies listed in Singapore.
Albeit in a weak day for the entire market, S-chips as a whole suffered from the CMF fallout with the FTSE ST China index slumping 1.1 per cent to 219.27, its lowest for the year. The China Index is now down about 8 per cent for 2013 compared with the STI's loss of 4.2 per cent.
On Monday, US-based investment house and short-seller Glaucus released a 49-page report in which it accused vegetable producer CMF of fraud and financial irregularities and estimated the shares to be worthless.