Shares & Derivatives
CAD investigating Independent & Non Executive Chairman and CEO/MD of Tee International for market rigging
By Kevin Scully-Financial Blog  •  April 3, 2012
CAD investigating Independent & Non Executive Chairman and CEO/MD of Tee International for market rigging Tuesday, 3 April, 2012  6:49 AM Posted by Kevin Scully  Tee International was added to my Stock Picks Yield and Growth on 5 July 2011 when the share was S$0.265.  I was attracted by its steady growth and strong order book, its foray into property and its dividend of 2.2 cents.   I was surprised last night to receive a telephone call that both the Indepdent and Non Executive Chairman Bertie Cheng and its CEO/MD CK Phua were assisting the CAD and were the target of a CAD investigation in an announcement filed on the SGX website.  The second announcement clarified the first that the two persons were the target of the investigation for an offence apparently committed between July 2008 and to March 2009. We dont have any information on ......
Read the full article
By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance