Dear readers and fellow bloggers,
Behappyalways from valuebuddies is trying to rally support from shareholders to send an letter to management of SingHoldings, asking for fairer treatment of minority owners
Below is a template of letter:
6 March 2014
Sing Holdings Limited
96 Robinson Road
#10-01 SIF Building
Singapore 068899
Dear Board of Directors and Mr Lee
We are a group of shareholders writing in to express our concern with the share performance of Sing Holdings for the past few years. We are disappointed with the Board and Management inaction towards the under performance of the share price. Shareholders’ call for a share buy-back has been resisted by the Board and Management as you feel that cash could be better utilised. But after so many years, we do not feel that we had benefitted from the growth of the company as much as the management. A bonus warrants for example (Read more...)
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