S-Chips 101

YING LI -- S'pore CEO resigned liao!
After just 1 year.


Mr. Ko Kheng Hwa has tendered his notice of resignation from his position as Group Chief Executive Officer and d Executive Director of the Company, which will take effect from 15 March 2014.

The Company is currently searching for a suitable candidate to take over Mr Ko’s role in the Company. In the interim, Mr. Fang Ming, the Company’s Executive Chairman, will assume the role of Group Chief Executive Officer concurrently. Mr Fang Ming will be supported by the Group Chief Operating Officer, Mr Tan Kiang Hwee and the Group Chief Financial Officer, Mr Johnnie Tng, in relation to the operational and financial matters of the Group respectively.

As expected, Ying Li fell sharply on news of resignation of CEO. :ohmy:
- 12.5% in 1 day, - 4.5 cents, now 31.5 cents.

Tempted to buy tmrw. U think alike?

FORELAND FABRICTECH HOLDINGS -- another S-chip to watch for going down hill all the way ???

no light at the end of tunnel. Only more darkness.

FIRST TIME SGX ISSUE THIS KIND OF ADVICE:

Singapore Exchange Securities Trading Limited (SGX-ST) wishes to draw the markets attention to the recent query SGX-ST issued to Ziwo Holdings Limited (the Issuer) on 12 March 2014 regarding the substantial increase in its share price by 136.4% between 11 March 2014 and 12 March 2014. The Issuer has responded on 12 March 2014 that it is not aware of any reasons that could possibly explain the trading in its securities.

In view of the trading activities observed and the Issuers response that it is not aware of any reasons for such activities, shareholders and potential investors should exercise caution when dealing in the securities.

The Exchange will investigate all possible transgressions and will work with the relevant regulatory agencies to pursue actions to maintain a fair, orderly and transparent market.

Thanks for all your kind advice. I'm a newbie and got burnt investing in Eratat (I failed to heed advice from forum-ers) - a painful experience but not fatal. Investing in S-chips is like dealing with fire; there's lots more opportunities in PRC than here, but if one is not careful, it could burn a deep hole in our pockets and send us to the hospital's emergency room. Let's keep one another updated when we smell a (nearly) dead fish so that we can all prosper together with minimum casualties, including investing in S-chip counters. Good luck to all!