FREE "HOW TO LEARN FROM ANTHONY LIM" BUSINESS SEMINAR
All AUSSINO SHAREHOLDERS & AFFECTED FINANCIAL INSTITUTIONS, PLEASE TAKE YOUR TIME TO CAREFULLY EXAMINE THIS POSTING & LEARN WHAT HAPPENED TO OUR LISTED COMPANY.
DISCLAIMER: 3 Aussino Group Ltd (a dissolved SGX-listed company) very insignificant shareholders are the owners of this blog. This blog is nothing but the truth! We don't personally know Anthony Lim, but we think we have learnt so much from this great Chairman of now defunct Aussino Group Ltd. And we lost so so so so so much money in Aussino Shares and hence, we think we should conduct FREE BUSINESS SEMINAR to share with more people about Anthony Lim's business strategies...
DISCLAIMER: 3 Aussino Group Ltd (a dissolved SGX-listed company) very insignificant shareholders are the owners of this blog. This blog is nothing but the truth! We don't personally know Anthony Lim, but we think we have learnt so much from this great Chairman of now defunct Aussino Group Ltd. And we lost so so so so so much money in Aussino Shares and hence, we think we should conduct FREE BUSINESS SEMINAR to share with more people about Anthony Lim's business strategies...
We are committed to FREELY sharing the success secret of Anthony Lim to whoever is interested to make his business big. "How to learn from Anthony Lim" is key to your success in building your business empire!
If any one mentioned in our blog disagrees with us and decide to sue us for defamation, we are very willing to see you in court! Just Forward your Letter of Demand to aussinoshareslosers@gmail.com , we promise we will reply you within 7 working days and publish your Letter of Demand here. We will also publish our Defense in this blog for other Aussino Shareholders' reference.
This original post: Mar 2016
Last update: Feb 2021
“LEARN FROM AUSSINO FOUNDER ANTHONY LIM”
BUSINESS SEMINAR
ALL BUSINESSMEN, in
particular listed company owners, must learn from former Aussino Group Ltd
Chairman Anthony Lim:
1.You will learn how to dump your own company stocks professionally, legally and be seen ethically.
1.You will learn how to dump your own company stocks professionally, legally and be seen ethically.
2.You will learn how to help people become richer
or overnight millionaires and laugh together all the way to the bank!'
3. You will learn how to re-own and re-do a company
business that you have lost.
4. You will learn how to become the next Jeff Bezos
or Jack Ma! Yes, no joke. The next Jeff Bezos or Jack Ma!
If
you are pursuing an MBA at Harvard Business School, you’d better quit after
attending this free “HOW TO LEARN FROM ANTHONY LIM” business seminar. Don’t waste your money and time attending useless
and expensive MBA courses or other business seminars, just learn and apply
Anthony Lim’s business strategies and you will be on your way to becoming the
next big somebody, yes, a very big & rich somebody!
INTRODUCTION
of the now defunct company –
Aussino Group Ltd
Aussino Group Ltd
THE
MOST FAMOUS PENNY STOCK in Singapore! Aussino Group Ltd was a SGX listed
company which got delisted in late 2013.
Don’t underestimate this small penny stock, Anthony Lim was the founder
of the world most famous global brand of bedding brand of AUSSINO, if you don’t
know Aussino you are not a creature from the Earth, you are from Mars, from
Juventus! A bit of digression, Singaporean Hokkien-speaking shareholders
pronounced Aussino as “Ao Sih Loh”, meaning: “Damned Lousy” in English, when
the company stocks became as worthless as toilet paper, sorry, sorry…actually
toilet paper is better than Aussino share cert (if you’re still keeping one). Aussino Shares became as good as USED Toilet
Paper! please see Aussino Share Cert below.
VERY
IMPRESSIVE RESULTS – under the outstanding leadership of Anthony Lim,
Aussino Group Ltd created a super-consistent, impressive and unparalleled record of
achieving losses for 6 Consecutive Years (from 2009-2014, should
it be 8 Consecutive Years ??? if we consider the official date of company
dissolution in Feb 2016 as the last day of operation). What a remarkable achievement if compared to
other SGX listed companies. HOW MANY OF
YOU CAN “TAHAN” 8 YEARS OF LOSSES? Must learn from Anthony Lim, ok?!
STORY IS IMPORTANT TO CREATE HISTORY…LEARN FROM
AUSSINO’S HISTORY!🔺🔺🔺🔺
1. When Aussino Group was placed on Watch-List of the Singapore Stock Exchange on 6th September 2011, something must be done…to save the company or or or to save XXX?
2. Under the excellent, innovative and creative leadership of Chairman Anthony Lim, Aussino Group Ltd suddenly announced a proposed Reverse-Take-Over (RTO) by Max Strategic Investments Pte Ltd on 18th June 2012. Max Strategic Investments Pte Ltd??? Little is known about the firm. An Accounting and Corporate Regulatory Authority (ACRA) search revealed that Max Strategic was set up only on June 15 2012, and has a paid-up capital of $2. Its sole shareholder is Mr David Wang, 27. (The Straits Times published on June 19 2012, please read it below).
1. When Aussino Group was placed on Watch-List of the Singapore Stock Exchange on 6th September 2011, something must be done…to save the company or or or to save XXX?
2. Under the excellent, innovative and creative leadership of Chairman Anthony Lim, Aussino Group Ltd suddenly announced a proposed Reverse-Take-Over (RTO) by Max Strategic Investments Pte Ltd on 18th June 2012. Max Strategic Investments Pte Ltd??? Little is known about the firm. An Accounting and Corporate Regulatory Authority (ACRA) search revealed that Max Strategic was set up only on June 15 2012, and has a paid-up capital of $2. Its sole shareholder is Mr David Wang, 27. (The Straits Times published on June 19 2012, please read it below).
Hahaha…3 days old SGD2.00 company pursuing RTO!!!
3. If you don’t know what happened then, then you
must know now! When the RTO announcement
hit the street, bankers/lawyers immediately expressed their disbelief that
Aussino Group Ltd’s proposed RTO could get through…Why???
4. Because… It
was a controversial proposed RTO as it involved a Myanmar notorious businessman
Zaw Zaw, who was sanctioned by the USA. Bankers had cautioned that it was
unlikely the RTO would be approved by SGX (read what the newspaper reported then).
WHY so AFRAID OF GIVING RTO COMMENTS?
WHY so AFRAID OF GIVING RTO COMMENTS?
5. Anthony Lim is a visionary and greatly admired Great Leader of the world greatest bedding brand, he was determined to turn the “totally impossible” into “totally possible” by simply thinking “only stupid people would think otherwise”. We must learn from Anthony Lim’s thinking approach – “don’t think what others think, think of what you want to think”. Anthony Lim stayed so focused on how to “think the proposed RTO through”, whether it would “get through” or not was secondary, you must “think through” first!
6. Nobody knew whether the proposed RTO would get
through or not, but no one was as determined as Anthony Lim – you just need to
believe, just need to believe, just need to believe, believe and believe and
believe in the unbelievable and make other people to believe it with you!… This
unbelievable characteristic makes Anthony Lim extraordinary! Very
Extraordinary!! Very Very Very Extraordinary!!!
7. Every shareholder and potential investors were
in a state of euphoria when they learnt about the proposed RTO. We must salute Anthony Lim for finding such
an unbelievable powerful personality from Myanmar and a SGD2.00 newly-established
company seemingly related to Zaw Zaw.
THAT WAS ALMOST MISSION IMPOSSIBLE for a small penny stock company to
do so but Anthony Lim made it! Let’s give credit where credit’s due.
Many people thought Aussino stock price
would shoot up to SGD0.70, SGD0.80... apiece (sigh, market hearsay can't be trusted). Of course, Aussino share price started moving upward with the unbelievably good news of RTO! hahaha…many investors like us paid a price for being naive, gullible, obtuse, un-analytical and somewhat greedy!!!
8. The Great Leader and Chairman of Aussino Group
Ltd made the announcement on 24th July 2012 that he
would pay SGD9400,000 (SGD9.4 million) to acquire entire Aussino
Group of business should the proposed
Reverse-Take-Over (RTO) materialise. Wow…you see, how sacrificial a
Great Leader like Anthony Lim was when he would sacrificially take over the
Aussino Group of business when the RTO materialise. He was NOT licking back his
spit okay!!! HE WANTED TO HELP AUSSINO SHAREHOLDERS “OUT”! THIS, WE MUST LEARN
FROM ANTHONY LIM! Be Altruistic, Be Sacrificial! Be
Very Sacrificial!! Be Very Very Very Sacrificial!!! BUT BUT BUT you know how onerous would it be for the proposed RTO to materialize??? Even if SGX approved Zaw Zaw involvement, they might not approve some other strange stuff proposed by Aussino Group Ltd (for example- transferring the Aussino Group Ltd money from Singapore bank account to Myanmar bank (controlled by Zaw Zaw). hehehe 😈😈😈
9. The Great Leader Anthony Lim was/is/has been
rich…SGD9.4 million is peanut to him! But to show and to be seen HE WAS SERIOUS
& SINCERE, ANTHONY LIM needed to dump his AUSSINO SHARES to raise SGD9.4
million. This, we must learn from
Anthony Lim who selflessly, altruistically and painstakingly dumped his Aussino Shares to all the undeserving
stock investors.
Let’s give our highest admiration to the
Great Leader & Founder of the world Greatest brand of bedding brand of
AUSSINO…Let’s also take a closer look at what transpired. Hello, why Aussino financial advisors never warned and instructed Anthony Lim he must have money to make such offer, what happened if the shares failed to move up and RTO materialised ??? Were MAS and SGX officially informed that Anthony Lim needed to dump his shares to make this buy-back offer work? Pls read Dr Anthony Soh's "mistake" below later.
A.
18th JUNE 2012: The
proposed RTO announcement was made.
B.
24th JULY 2012: Anthony
Lim made the announcement of acquiring Aussino Group of business at SGD9.4
million.
C.
27th SEPTEMBER 2012: Anthony Lim dumped 32,400,000 Aussino Shares
at SGD0.132 apiece (money collected: SGD427,6800)
D.
05th OCTOBER 2012:
Anthony Lim dumped 12,334,000 Aussino Shares at SGD0.139 apiece (money
collected: SGD2131426)
E.
8th OCTOBER 2012: Anthony Lim dumped 10668000 Aussino Shares at
SGD0.131 apiece (money collected: SGD139,7508)
F.
Anthony Lim dumped his Aussino Shares
through Samcorp Capital Corporation (an offshore company).
IN TOTAL: ANTHONY LIM COULD HAVE DUMPED 61 MILLION SHARES... (he continued to dump when another announcement was made in Nov 2013, pls continue to read till the end to find out what funny announcement was that).
IN TOTAL: ANTHONY LIM COULD HAVE DUMPED 61 MILLION SHARES... (he continued to dump when another announcement was made in Nov 2013, pls continue to read till the end to find out what funny announcement was that).
G.
You want to know whether Anthony Lim’s family
and business associates dumped Aussino Shares together with him? 😁😁😁😈😈😈
H.
LET’S REMEMBER THAT the dumping of
Aussino shares by Anthony Lim was to enable him to raise the money to buy back
Aussino Group of business. LET’S ALSO REMEMBER THAT ANTHONY LIM DIDN’T HAVE TO BUY BACK
AUSSINO GROUP OF BUSINESS IF THE PROPOSED RTO FAILED TO MATERIALIZE!
I.
18 OCTOBER 2012: Aussino Group Ltd
suddenly lifted the moratorium period imposed on a shareholder named Ms
Zhao Wei. The moratorium period
should end in Aug 2013. Was it quite unusual for a listed company
to lift the moratorium unconditionally?
Listed public companies will usually want to lock you up as long as they
possibly can! The person from Aussino
Group Ltd who decided and authorized the lifting of moratorium must be very
wonderfully kind-hearted, loving, generous and a very helpful guy. Who was that guy? NOBODY
KNEW EVERYBODY KNEW!!! 😈😈😈
PARAGRAPH TWO FROM "THE EDGE" - DATED 06 SEPT 2010 READ: "“The placee [Zhao] has expressed interest in a long-term investment in Aussino as she is familiar with the Aussino brand in China and Singapore,” Aussino’s chairman Anthony Lim Kuang Leong said in a separate statement dated Aug 16, which only identified Zhao’s spouse as a 50% partner in a restaurant business with him.
https://www.theedgemarkets.com/article/aussino-group-gets-new-substantial-shareholder-private-placement
PARAGRAPH TWO FROM "THE EDGE" - DATED 06 SEPT 2010 READ: "“The placee [Zhao] has expressed interest in a long-term investment in Aussino as she is familiar with the Aussino brand in China and Singapore,” Aussino’s chairman Anthony Lim Kuang Leong said in a separate statement dated Aug 16, which only identified Zhao’s spouse as a 50% partner in a restaurant business with him.
https://www.theedgemarkets.com/article/aussino-group-gets-new-substantial-shareholder-private-placement
J.
Who is Zhao Wei 赵薇? She is a very famous billionaire Chinese
celebrity whom we thought was a confidante of Jack Ma until Jack Ma said he
only met her for few times and they didn’t know each other well. As a billionaire, she should wait for the
proposed RTO to materialize and allow her investments in Aussino Group Ltd to
grow 3 folds, 5 folds 7 folds or even 10 folds…
K.
But upon receiving the lifting of moratorium,
Zhao Wei quickly dumped her 126,32000 Aussino Shares. Our guesstimation is that Zhao Wei made
between SGD1.2 -1.5 millon profit. Wow,
Wow, Wow…Anybody here can contact Zhao Wei to find out how much she had made??? DO YOU WANT TO KNOW WHO ASKED ZHAO WEI TO DUMP AUSSINO STOCKS?
WE CAN SECRETLY TELL YOU!
We must ask one question here: "Is it legal for an important person in charge of Aussino Group Ltd to tell a significant shareholder to dump Aussino stocks???"
WHY DID SOMEONE ASK ZHAO WEI TO DUMP, ESCAPE & EXIT SO URGENTLY??? GOT INSIDER'S SECRET STORY??????
WE CAN SECRETLY TELL YOU!
We must ask one question here: "Is it legal for an important person in charge of Aussino Group Ltd to tell a significant shareholder to dump Aussino stocks???"
WHY DID SOMEONE ASK ZHAO WEI TO DUMP, ESCAPE & EXIT SO URGENTLY??? GOT INSIDER'S SECRET STORY??????
L.
Zhao Wei, along with her husband Huang
Youlong, have been barred from China’s securities markets after “misleading
the market” over a deal involving a little-known animation studio, the Chinese
securities regulator has ruled.
M.
ZHAO WEI & HUANG YOULONG WERE BUSINESS
PARTNERS OF WHO WHO WHO??? YOU WANT TO KNOW? HAHAHA…I AM NOT GOING TO TELL YOU
BECAUSE NOBODY KNOWS EVERYBODY KNOWS.
*AUSSINO GROUP LTD ONLY SIGNED A NON-BINDING MEMORANDUM OF UNDERSTANDING (MOU) WITH MAX STRATEGIC INVESTMENT PTE LTD (SGD2.00 PAID-UP COMPANY). DID IT CONCERN ZHAO WEI AS A SHAREHOLDER? AS LONG AS IT HADN'T FINALIZED OR MATERIALIZED, THERE WAS NO REASON TO LIFT THE MORATORIUM.
N. WHAT IS MORE INTERESTING IS THAT…PRIOR TO THE ANNOUNCEMENT OF RTO, THERE WERE NEW PLACEMENTS OF AUSSINO SHARES IN MAY 2012.
*AUSSINO GROUP LTD ONLY SIGNED A NON-BINDING MEMORANDUM OF UNDERSTANDING (MOU) WITH MAX STRATEGIC INVESTMENT PTE LTD (SGD2.00 PAID-UP COMPANY). DID IT CONCERN ZHAO WEI AS A SHAREHOLDER? AS LONG AS IT HADN'T FINALIZED OR MATERIALIZED, THERE WAS NO REASON TO LIFT THE MORATORIUM.
N. WHAT IS MORE INTERESTING IS THAT…PRIOR TO THE ANNOUNCEMENT OF RTO, THERE WERE NEW PLACEMENTS OF AUSSINO SHARES IN MAY 2012.
O. The 2 lucky men who subscribed the Aussino
Shares 1 MONTH before the RTO announcement were Mr Ong Ah Whatt and Mr Tan
Koon Boon.
ABOUT
THE SUBSCRIBERS
Details of the Subscribers, the number of
New Shares to be subscribed by each Subscriber and
the aggregate consideration to be paid by
each Subscriber are set out below:
Name
of Subscribers / Number of New Shares Subscribed / Aggregate Consideration
Mr Ong Ah Whatt
36,000,000 SHARES S$ 1,250,640
Mr Tan Koon Boon
HOW MANY OF YOU WANT TO KNOW HOW MUCH
THEY MADE WITHIN 2-5 MONTHS AFTER THEY HAD SUBSCRIBED AUSSINO SHARES? JUST
GOOGLE THEIR NAMES TO FIND OUT YOURSELF.
THEY WERE HAPPILY LAUGHING ALL THE WAY TO
THE BANK!!! I WAS SO ENVIOUS OF THEM…WHY NOT ME? WHT NOT ME? WHY NOT ME?!!!
IN MAY 2012 THEY SUBSRIBED
AUSSINO SHARES BUT IN OCTOBER 2013 (ABOUT 2 MONTH BEFORE AUSSINO GOT DELISTED
FROM SGX), THEY HAD ALMOST OFFLOADED THEIR SHARES. THEY WERE VERY SMART
INVESTORS!!! WE MUST LEARN FROM THEM…TIMING IS VERY IMPORTANT WHEN IT COMES TO "SHARES DUMPING"!!!
LET’S TAKE A LOOK AT AUSSINO SHAREHOLDING STATISTICS
DISTRIBUTION OF SHAREHOLDERS BY SIZE OF SHAREHOLDINGS as at 1 OCTOBER 2013
WE CAN’T FIND ONG AH WHATT OR TAN KOON BOON NAMES
HERE, THEY "ESCAPED" IN LESS 3-4 MONTHS, THEY WERE THE LUCKY 2 WITHOUT TURNING THEIR AUSSINO SHARES INTO USED
TOILET PAPERS!!! OF COURSE YOU WON’T FIND ZHAO WEI NAME HERE EITHER !!! THEN HOW ABOUT ANTHONY LIM SAMCORP CORPORATION (THE LARGEST SHAREHOLER IN 2012), OF COURSE "DUMPED AND RAN, RAN RAN RAN LAHHHHHH!
SOME BANKERS AND SAVVY-INVESTORS ARE SOMETIMES
STUPID!!! AI YO YO, MY AUNTIE NAME SEEMS
TO BE 1 OF THE 21 LARGEST SHAREHOLDERS.
TWENTY-ONE LARGEST SHAREHOLDERS AS AT 1 OCTOBER 2013
Name of Shareholder No. of Shares %
1 DB NOMINEES (SINGAPORE) PTE LTD
90,085,000 SHARES 29.72% (Anthony Lim)
2 BANK OF EAST ASIA NOMINEES PTE LTD
6,920,000 SHARES 2.28%
3 DBS NOMINEES PTE LT D 6,732,633
SHARES 2.22%
4 UNITED OVERSEAS BANK NOMINEES PTE LTD
SHARES 5,366,750 1.77%
5 PHILLIP SECURITIES PTE LTD 5,023,250
SHARES 1.66%
6 DMG & PARTNERS SECURITIES PTE LTD
4,800,000 SHARES 1.58%
7 NG KIM CHOON 3,605,000 SHARES 1.19%
8 LIM GEOK HWA SARAH 2,300,000 SHARES
0.76%
9 ANG SENG TAI 2,182,000 SHARES 0.72%
10 OCBC SECURITIES PRIVATE LTD
2,131,240 SHARES 0.70%
11 STANLEY WEE WOON CHYE 2,000,000
SHARES 0.66%
12 TAN THIAM SIEW 1,900,000 SHARES 0.63%
13 RAFFLES NOMINEES (PTE) LTD 1,702,867
SHARES 0.56%
14 LIM HAN TUA 1,700,000 SHARES 0.56%
15 SIM BEE TECK 1,600,000 SHARES 0.53%
16 LEE CHOON SENG 1,501,000 SHARES 0.50%
17 VIJEYACONE ARIYACONE @ VIJEYARETNAM
1,493,000 SHARES 0.49%
18 KOH CHIAU LOT 1,432,000 SHARES 0.47%
19 OCBC NOMINEES SINGAPORE PTE LTD
1,393,500 SHARES 0.46%
20 TAN BOON CHONG 1,368,000 SHARES 0.45%
21 UOB KAY HIAN PTE LTD 1,368,000 SHARES
0.45%
TOTAL 146,604,240
SHARES 48.36% - MEANING ANOTHER 52.6% OF AUSSINO SHARES COULD BE HELD
BY RETAIL INVESTORS. WE ARE VERY WILLING TO PROVIDE FREE “HOW TO LEARN FROM ANTHONY LIM BUSINESS STRATEGIES” BUSINESS SEMINAR TO ALL RETAIL INVESTORS, THERE ARE AROUND 2000 RETAIL INVESTORS. IT WILL BE GOOD IF WE CAN GET ZHAO WEI AND ONG
AH WHATT TO BE OUR GUEST SPEAKERS. IF
ANTHONY LIM HE HIMSELF CAN COME TO FREELY SHARE ABOUT HIS BUSINESS SUCCESS “SECRETS” THAT WOULD BE “LAGI BAGUS”!!!
ANTHONY LIM OWNED ABOUT 72% SHARES IN JULY 2010, U KNOW HOW MANY % HE OWNED ONE MONTH BEFORE AUSSINO DIED??? ONLY 29%! ...STEADY LAH ANTHONY LIM, STEADY POM PEE PEE...WE MUST LEARN FROM ANTHONY LIM!!! ARE YOU ONE OF THOSE WHO BOUGHT THE 43% HE DUMPED DUMPED DUMPED??? hehehe...sigh, buying USED TOILET PAPERS. We Want to EXPOSE a BIG SECRET HERE. ANTHONY LIM ACTUALLY DUMPED AUSSINO SHARES BEFORE AUSSINO GROUP LTD SUBMITTED THE RTO APPLICATION TO SGX, STEADY OR NOT???.
ANTHONY LIM OWNED ABOUT 72% SHARES IN JULY 2010, U KNOW HOW MANY % HE OWNED ONE MONTH BEFORE AUSSINO DIED??? ONLY 29%! ...STEADY LAH ANTHONY LIM, STEADY POM PEE PEE...WE MUST LEARN FROM ANTHONY LIM!!! ARE YOU ONE OF THOSE WHO BOUGHT THE 43% HE DUMPED DUMPED DUMPED??? hehehe...sigh, buying USED TOILET PAPERS. We Want to EXPOSE a BIG SECRET HERE. ANTHONY LIM ACTUALLY DUMPED AUSSINO SHARES BEFORE AUSSINO GROUP LTD SUBMITTED THE RTO APPLICATION TO SGX, STEADY OR NOT???.
WHAT HAPPENED TO AUSSINO GROUP LTD
IN YEAR 2013???
Anthony Lim already dumped dumped dumped his shares in 2012, so did it really matter to him? And and and at hindsight, we came to learn that if the proposed RTO could materialize, your biological mother must still be a VIRGIN! BUT NONE OF US KNEW THE "SUPER ONEROUS" & "ALMOST IMPOSSIBLE" PRESPOSTEROUS PROPOSED RTO TERMS & CONDITIONS, as mentioned earlier, WE MUST LEARN TO THINK AS OPTIMISTICALLY & POSITIVELY AS ANTHONY LIM. Let's understand Anthony Lim Modus Operandi --
1. Anthony Lim's Aussino Group Ltd made the unbelievable & preposterous RTO announcement first...
2. Allowed the mass stupid retail investors to EAT "UP" Aussino shares (with the help of stocks brokerage firms and certain individuals)
3. Dumped, dumped, dumped, dumped Aussino shares by Anthony Lim & some "special" shareholders...
4. 8 months after making the stupid RTO announcement, only then Aussino Group Ltd submitted the stupid RTO application to SGX (in around Feb 2013).
Read The Letter by Anthony Lim below:
OUR ANSWER TO THE LETTER ABOVE
a) only stupid people like us would believe that SGX would approve US blacklisted guy to take-over a SG listed company!
b). Damned stupid for us not to even think that if the new company wanted to do petrol kiosks biz in Myanmar, SG companies (or foreigners) could not own land in the country, then how to build or own petrol kiosks??? WHY U ZAW ZAW & ANTHONY LIM WERE SO "IGNORANT & STUPID" TO THE EXTENT THAT THEY DIDN'T KNOW FOREIGN-OWNED COMPANY CAN'T OWN LAND MYANMAR???
c). SHit SHit SHit...Anthony Lim and U Zaw Zaw set the RTO bar so high (seemingly making it impossible? just kidding). Instead of putting the money in SG banks, they wanted to put 65% company cash in U Zaw Zaw's wholely-owned US blacklisted bank (after the RTO). YOU MAY ASK - Are THEY of sound mind??? A SINGAPORE LISTED COMPANY WANTED TO PUT THEIR MONEY IN A US-SANCTIONED BANK WHOLELY-OWNED BY U ZAW ZAW?!!! WE MUST SALUTE ANTHONY LIM AND U ZAW ZAW AUDACITY..... SKY IS NOT THE LIMITS, BECAUSE ANTHONY LIM CAN CONTROL THE SKY!!!
1 10. On 28th April 2013, Singapore
Exchange (SGX) rejected the Company’s application for the RTO. In fact,
about a week earlier, the Company’s financial advisor PrimePartners
Corporate Finance (PPCF) had recommended the Company to
voluntarily withdraw the application, but the GREAT CHAIRMAN Lim Anthony
rejected the advice and insisted on keeping the application valid. The GREAT
FOUNDER of AUSSINO GROUP LTD IS ALWAYS GREAT. BE PERSISTENT, BE DETERMINED, BE
GRITTY AND BE FIRM! JUST CONTINUE TO BELIEVE IN THE UNBELIEVALABLE…BUT AUSSINO SHARES EXPERIENCED UNSTOPPABLE DIARRHEA. IF YOU COULD RECALL THE DAY OF THE TRADING HALT BEFORE 10AM, NEARLY 30 MILLION SHARES QUEUED UP SELLING DOWN THE STOCKS ... THE TRADING HALT WAS BEFORE SGX ANNOUNCED ITS REJECTION , STILL REMEMBER 25 APRIL 2013 ???
WWHO WERE THOSE PEOPLE WHO HAD THE SIXTH-SENSE?????? DID ZHAO WEI AND ONG AH HWAT INFORMED SGX THEY DUMPED THEIR SHARES AS THEY WERE SIGNIFICANT SHAREHOLDERS????? AFTER THE TRADING HALT WAS LIFED ON 28TH APRIL, 119 MILLION SHARES WERE TRADED ... YOU WANNA KNOW WHO DUMPED THE MOST NUMBER OF SHARES ???????
you also can read Aussino consultant Prime Partners letter addressed to Anthony Lim. hahahaha....Someone was suffering from Denial Syndrome?!!! Institute of Mental Hospital does provide help to those who severely suffer from Denial Syndrome... WHEN YOU'RE SICK MENTALLY, SEEK HELP! (We're referring to all other people except Dr. Anthony Lim)
11. As at 30th June 2013, the Company total current liabilities exceeded the total current assets and the Company had capital deficiency of approximately SGD3.26 million. Furthermore, the Company and its subsidiaries had on-going litigations as disclosed in the Company’s FY2013 financial statements.
you also can read Aussino consultant Prime Partners letter addressed to Anthony Lim. hahahaha....Someone was suffering from Denial Syndrome?!!! Institute of Mental Hospital does provide help to those who severely suffer from Denial Syndrome... WHEN YOU'RE SICK MENTALLY, SEEK HELP! (We're referring to all other people except Dr. Anthony Lim)
11. As at 30th June 2013, the Company total current liabilities exceeded the total current assets and the Company had capital deficiency of approximately SGD3.26 million. Furthermore, the Company and its subsidiaries had on-going litigations as disclosed in the Company’s FY2013 financial statements.
12. SGX-ST noted the Company had recorded negative cashflow from its operating activities for its most recent financial year ended 30 June 2013. (SGX-ST sent a letter to The Company on to reject The Company’s application for the extension of the Watch-List Deadline and noted The Company’s negative cashflow).
13. 06 NOV 2013.. WHAT DR ANTHONY LIM WAS DOING AFTER THE FAILED RTO ATTEMPT??? HE MANAGED TO CONVINCE CREDE CAPITAL GROUP FROM USA TO INVEST SGD38 million IN AUSSINO ...hahaha, worthless used toilet papers USA investment company wanted to invest??? the shares prices SUDDENLY shot up 35-40% when they announced on 6 Nov 2013, just 1 MONTH before Aussino died died died, ANYBODY DUMPING THE SHARES???... OF COURSE SGX REJECTED THE "NONSENSE"!!! BUT WE MUST LEARN FROM ANTHONY LIM TO TRY "THE UNBELIEVABLE AND FIRMLY BELIEVE IN IT"- read the news below later...
14. The Company received Delisting Notification from SGX-ST and trading in the Company’s shares was suspended after 5:00PM 20 December 2013.
n 15. ON 13 Jan 2014, in a letter addressed to all shareholders, the GREAT
Company Executive Chairman wrote: “the
Company is NOT able to procure any cash exit offer from any shareholder
(significant or otherwise) who has the financial ability to do so nor was the
Company able procure any third party investor to make such a cash exit offer”.
16. Emmm, no one had the financial ability to do so??? Anybody dumping Aussino Shares before??? DID ANTHONY LIM & FAMILY HAVE THE FINANCIAL ABILITY TO DO SO???
17. The Company therefore called for Extraordinary General Meeting (EGM) on 28th Jan 2014 and the Company put up two resolutions for shareholders’ votes: (a) Resolution 1 - to approve and authorize the board to explore winding up of the Company (Creditors' Voluntary Liquidation); or (b) Resolution 2 –to approve and authorize the board to undertake the Proposed Recapitalisation (i.e. pursue and explore fund-raising options to recapitalize the Group’s operations and finance its working capital needs).
18. Under the Singapore’s Companies Act, a Creditors’
Voluntary Liquidation is deemed to have formally
commenced at the time of passing of the liquidation resolution,
which took place on 28th Jan 2014. Therefore, from 28th Jan
2014 onwards, NO assets
(tangible or intangible) of the Company or its subsidiaries should be allowed
to be transferred or assigned to a third party without Liquidator or/and
(subsequently) Official Receiver’s approval ... BUT BUT BUT ANTHONY LIM WAS SO SMART & HE IS STILL VERY SMART... According to what was submitted to SGX, a majority of shareholders who were present or voting at the EGM voted in favour of the Proposed Recapitalisation, which we know is TOTALLY IMPOSSIBLE (Proposed Recapitalisation), why Anthony Lim wanted to opt for this Resolution 2 when he said no one had the financial ability to buy Aussino biz??? AND AUSSINO WAS NO LONGER a LISTED COMPANY, KENA KICKED OUT BY SGX, how could the Company seek Recapitalisation??? Aussino got de-listed due to its failure to meet the requirements for removal from the Financial Watch-List, the Company was therefore no longer subject to SGX Rules, and its corporate actions were no longer under SGX regulatory remit. And you know what, we all received a share certificate as shown above and ANTHONY LIM could start to do whatever he wanted to do without SGX supervision. HAHAHAHA... AUSSINO GROUP LTD became a Singapore PUBLIC COMPANY without its shares being listed on SGX. Without SGX supervision, you know what happened???!!! The Recapitalisation is an effort to save the company, but why the company could still not be saved even when Anthony Lim secretly sold the company???
LET'S REVISIT PART OF ANTHONY LIM'S LETTER TO US (AUSSINO SHAREHOLDERS) ON 14 JAN 2014, HE URGED US TO VOTE IN FAVOUR OF RECAPITALIZATION, WHICH WE DID!!! HOW COULD OUR COMPANY NOT BE RECAPITALIZED WHEN HE SOLD OUR ASSETS TO AUSSINO (USA) INC??? AUSSINO SINGAPORE+ AUSSINO MALAYSIA ALONE (+TRADEMARK) WOULD BE WORTH AT LEAST USD8 MILLION BECOZ THESE 2 COUNTRIES ACCOUNTED FOR NEARLY 65% OF TOTAL REVENUES. WE'VE GOT THIS CONSERVATIVE FIGURE FROM OUR TEAM MEMBER WHO IS A CERTIFED PUBLIC ACCOUNTANT WITH 27 YEARS OF WORKING EXPERIENCE WITH KPMG, DELOITTE, ERNST & YOUNG, BUT SHE WAS AS UNFORTUNATE AS THE REST OF US FOR BEING A SHAREHOLDER OF AUSSINO GROUP LTD! WE SHALL PRODUCE OUR IMPORTANT EVIDENCE IN DUE TIME... LET'S WAIT & "LEARN FROM ANTHONY LIM" IN THE MEANTIME.
19. MYSTERIOUSLY & COINCIDENTALLY, ONE DAY BEFORE AUSSINO GROUP LTD EGM – 27TH JAN 2014, A VERY MYSTERIOUS PERSON INCORPORATED A VERY FASCINATING COMPANY IN THE STATE OF CALIFORNIA, USA. THIS COMPANY NAME IS AUSSINO (USA) INC (Registration No: C3639751). THIS COMPANY WAS NOT RELATED TO AUSSINO GROUP LTD!
20. AUSSINO GROUP LTD (THE SINGAPORE LISTED THEN DELISTED COMPANY) TRANSFERRED ITS TRADE MARK TO ITS FULLY-OWNED OFFSHORE SUBSIDIARY AUSSINO INC BVI ON 3RD MARCH 2014 & ON THE SAME DAY (3RD MARCH 2014), AUSSINO (USA) INC ACQUIRED AUSSINO INC BVI. CAN YOU IMAGINE A 35 DAYS OLD NEWLY-ESTABLISHED COMPANY BUYING THE WORLD GREATEST BRAND OF BEDDING BRAND OF AUSSINO LED BY THE GREAT CHAIRMAN ANTHONY LIM? WERE YOU NOTIFIED AS A SHAREHOLDER ABOUT THE DISPOSAL OF AUSSINO GROUP LTD ASSET? MY OLD AUNTIE MIGHT NOT BE ABLE TO RECALL IT, CAN ANYBODY HELP HER, HELP HER, HELP HER??? THE COMPANY WAS SOLD FOR SGD9.4 MILLION OR SGD38 MILLION??? OR IT WAS FREE FOR SOMEONE TO SIMPLY TAKE OVER??? AUSSINO (USA) INC MUST PAY AT LEAST SGD9.4 MILLION TO OUR COMPANY IN ORDER TO ACQUIRE AUSSINO INC , DID THEY PAY ???????? AUSSINO GROUP LTD NEVER RECEIVED SGD9.4 MILLION FROM AUSSINO (USA) INC, WE ARE VERY SURE!
AUSSINO (USA) INC BOUGHT AUSSINO BUSINESS ON 03 MARCH 2014, BUT SINGAPORE OUTLETS CONTINUED TO OPERATE UNTIL THE END OF APRIL 2014, WAS IT NOT INTERESTING FOR THIS BRAND NEW USA COMPANY TO BUY A BUSINESS IN ORDER TO SHUT THEM DOWN AND DISAPPEARED FOR FEW YEARS & SUDDENLY POPPED UP AFTER THE DISSOLUTION OF OUR COMPANY AUSSINO GROUP LTD WAS COMPLETE IN SINGAPORE??? WE MUST LEARN IT FROM ANTHONY LIM...
21. ANTHONY LIM MOVED ON TO BECOME THE CEO, CFO, SECRETARY & SOLE DIRECTOR OF AUSSINO (USA) INC BUT NOBODY KNOWS WHO OWN AUSSINO (USA) INC… damn powerful lah Anthony Lim!!! We must learn from him.....
S see below (Source: Office of the Secretary of State of the State of California USA: Document File Number: 17-103019). We hope no one is attempting to change, remove and conceal important documents. Don't be afraid!
DISCLAIMER: REDACTION OF ANTHONY LIM'S ADDRESS PROVES NO INVASION OF PRIVACY & NO PDPA OFFENCE. AUSSINO (USA) INC BIZ & MAILING ADDRESS IS DEFINITELY NOT THE SAME AS ANTHONY LIM'S PERSONAL & RESIDENTIAL ADDRESS. HOW CAN ANTHONY LIM LIVE & SLEEP IN AUSSINO USA STORE OR OFFICE? HE IS A MULTI-MILLIONAIRE YOU KNOW?!
22. AUSSINO GROUP LTD MULTI-MILLION DOLLAR TRADEMARK WAS SOLD AT SGD10.00 TO AUSSINO (USA) INC & ITS USD ONE MILLION DOLLAR DOMAIN NAME AUSSINO.COM WAS GIVEN FREE TO AUSSINO (USA) INC. STEADY LAHHHHH ANTHONY LIM, YOUR GENEROUSITY WILL ALWAYS BE REMEMBERED!!! YOU MUST LEARN TO BE AS GENEROUS AS ANTHONY LIM TO BE SUCCESSFUL...
23. MANY AUSSINO GROUP LTD SHAREHOLDERS ENDED UP BEING LIKE US...KEEPING THE USED TOILET PAPERS AND SMELLING @ IT FROM TIME TO TIME TO CONSOLE OURSELVES FOR THE HUGE LOSSES...ANTHONY LIM AND SOME OTHERS MIGHT BE LAUGHING ALL THE WAY TO THE BANK!!!
WHY YOU MUST LEARN FROM ANTHONY LIM????????
BECAUSE AUSSINO WAS DYING AS EARLY AS 2012 BUT ANTHONY LIM WAS ABLE TO MAKE MONEY OUT OF A DEAD HORSE...
LET SEE FROM DOCUMENTARY PROOF. AUSSINO ANNUAL REPORT 2012 & ITS CHAIRMAN MESSAGE ON THE COMPANY GOING CONCERN.
ALL AUSSINO SHAREHOLDERS, WE SHOULD READ COMPANY'S DIRECTOR AND MANAGEMENT OPINION ONE MORE TIME. hahaha, continue to read a page of 2013 Annual Report below ... When RTO proposal seemed to have no chance to succeed, Anthony Lim never failed to FIND NEW WAYS to inspire Aussino shareholders' to believe in Aussino future with him. And he sacrificially sold more of his shares so more people could join him and believe in Aussino future with him.
So let's look at Aussino Annual Report 2013, it was the last Annual Report ... then most of us didn't hear much about the Co until its death... And its surprise comeback from the tomb has frightened us all... SEE THE CHAIRMAN MESSAGE BELOW
you see... you see... Anthony Lim never never never failed to inspire you, cheer you up as a shareholder by telling you that Aussino should be able to continue and S$9742250 ($9.7million) coming in soon... But the Co still died a miserable death under the impressive leadership of Anthony Lim. HOW ABOUT THE SGD9.7 MILLION ASSETS?????? ANTHONY LIM, DID U BUY THEM AT A SUPER LOW DISCOUNT??? OR SOMEONE ELSE DID? WE ASKING IF THE MONIES DID COME BACK TO AUSSINO COMPANY ACCT???
In total, we guess/estimate Anthony Lim and his son collected more than SGD15 million in salaries since Aussino got listed and probably made another SGD15 million (he and his gangs) from dumping the shares and how much he continued to make after that ?????- Nobody knows :)
That's why WE MUST LEARN FROM ANTHONY LIM!
AS AUSSINO GROUP LTD HAD CONTINUED TO SUFFER FROM HAEMORRHAGE FOR SEVERAL CONSECUTIVE YEARS, ANTHONY LIM & SON NEVER "FAILED" TO EARN BIG BUCKS FROM AUSSINO GROUP LTD. WE MUST THEREFORE LEARN HOW TO SUCK A LISTED COMPANY DRY LIKE A LEECH WHEN WE ARE IN A POSITION OF POWER. REMEMBER TO PUT YOUR OWN INTERESTS ABOVE ALL ELSE. Hahahaha... i must continue to earn good salary even when the company is dying ...hehehahahaha! Stupid investors deserve it 😟
----------------------------
A NEW
BEGINNING, NEW CHAPTER FOR
AUSSINO!
AUSSINO!
UNDER THE GREAT, INTELLIGENT AND INNOVATIVE LEADERSHIP OF
ANTHONY LIM, AUSSINO CONTINUED TO THRIVE IN OVERSEAS AND THE NEW COMPANY HAS FOUND A NEW DESTINATION - VIETNAM! (PLEASE READ WHAT ANTHONY LIM DID IN VIETNAM IN JAN 2016 BELOW) THEY MADE A COMEBACK IN SINGAPORE IN FEB 2018 AND THEY LAUNCHED
THEIR E-COMMERCE WEBSITE LATER OF THE SAME YEAR. AUSSINO.COM WILL TAKE ON
AMAZON AND ALIBABA… CURRENTLY AUSSINO.COM SEEMS TO CARRY TAOBAO MANY PRODUCTS (WHAT
AN INNOVATIVE WAY) BUT WE CAN BE VERY SURE ANTHONY LIM IS GOING TO GIVE JEFF BEZOS
AND JACK MA A GOOD RUN FOR THEIR MONEY.
ANTHONY LIM IS GOING TO BE THE RICHEST GUY ON EARTH SOON, JACK MA OUT! JEFF BEZOS OUT!… IT SEEMS THAT AUSSINO IS GOING TO BE A “SELL EVERYTHING” E-COMMERCE SITE – IT WILL BE LARGER THAN AMAZON AND ALIBABA, NO.1 AUSSINO, NO.2 AMAZON, NO.3 ALIBABA (in few years time, the world 3 largest E-COnmerce companies AAA)… WHO WANT TO BUY AUSSINO SHARES AND BE AUSSINO 2.0 SHAREHOLDERS if it gets listed, AGAIN?!
VERY IMPORTANT:
ANTHONY LIM IS GOING TO BE THE RICHEST GUY ON EARTH SOON, JACK MA OUT! JEFF BEZOS OUT!… IT SEEMS THAT AUSSINO IS GOING TO BE A “SELL EVERYTHING” E-COMMERCE SITE – IT WILL BE LARGER THAN AMAZON AND ALIBABA, NO.1 AUSSINO, NO.2 AMAZON, NO.3 ALIBABA (in few years time, the world 3 largest E-COnmerce companies AAA)… WHO WANT TO BUY AUSSINO SHARES AND BE AUSSINO 2.0 SHAREHOLDERS if it gets listed, AGAIN?!
VERY IMPORTANT:
Dr. Anthony Lim received his PhD from Wisconsin International
University, a super good university for Doctorate Degree aspirants. You just
google “Wisconsin International University” and you may be tempted to become a
Doctorate Degree holder yourself! Remember to “Learn from Anthony Lim”!
WHAT AUSSINO.COM IS SELLING CAN ALSO BE FOUND IN TAOBAO, EXACTLY THE SAME PRODUCTS BUT TAOBAO IS 75%-80% CHEAPER. AUSSINO BRAND NAME IS POWERFUL!!! ANYTHING PASTED WITH "AUSSINO" OR SOLD AT AUSSINO.COM WOULD BECOME A PREMIUM HIGHLY QUALITY PRODUCT OF INTERNATIONAL BRAND. THAT IS WHY AUSSINO STOCKS WERE ALSO SO EXPENSIVE ...IT WAS A "PREMIUM" STOCK....HAHAHAHA
LEARN FROM DR. ANTHONY LIM - BRANDING IS VERY IMPORTANT!
If you are interested to attend this free “HOW TO LEARN FROM
ANTHONY LIM” business seminar, simply contact us. SEATS ARE SUBJECT TO AVAILABILITY, PRIORITY IS
GIVEN TO AUSSINO GROUP LTD RETAIL INVESTORS.
The
Straits Times
Jun 19, 2012
Aussino plans to sell petrol in Myanmar
Bedlinen chain in proposal to buy firm seeking to operate petrol kiosks there
By Magdalen Ng
THE beleaguered home furnishings company Aussino Group hopes to revive its fortunes by moving away from its bedlinen retail business to start selling petrol in Myanmar.
It will buy a company with a foothold in Myanmar, which is projected to be one of the best growth prospects in the region.
Aussino's strategy was outlined by the firm in a filing with the Singapore Exchange yesterday.
It disclosed that it has signed a non-binding memorandum of understanding with the Max Myanmar Group Of Companies.
Aussino proposes to acquire the entire issued share capital of Max Strategic Investments, which intends to operate petrol kiosks in Myanmar after the acquisition.
Little is known about the firm.
An Accounting and Corporate Regulatory Authority (ACRA) search revealed that Max Strategic was set up only on June 15 2012, and has a paid-up capital of $2. Its sole shareholder is Mr David Wang, 27.
Under the memorandum, Aussino will buy Max Strategic's share capital for $60 million. The funds will be raised by a share issue.
Once the acquisition has been completed, 85 per cent of all of Aussino's business and undertakings will be sold to Mr Anthony Lim, a director and controlling shareholder.
Aussino has operations in Australia, China, Malaysia and Singapore, where it has outlets in 12 locations including Plaza Singapura, The Clementi Mall and Jurong Point.
No details were provided as to how much Mr Lim will pay for the stake. It is also unclear if the company will move out of the bedlinen business completely after the deal.
In the announcement, Aussino said: 'The proposed acquisition presents an opportunity for the company to acquire a new operating business with growth potential in an emerging market.
'In addition, (it has) the potential to significantly increase the market capitalisation of the company, and potentially widen (its) investor base.'
This announcement was enough to send Aussino's shares soaring 22.4 per cent to close at 10.4 cents yesterday.
The company was placed on the Singapore bourse's watch list last September, after recording three consecutive years of losses.
Firms that lose money for three years running, or if their average daily market capitalisation falls below $40 million over 120 market days, go on the watch list. They may then have their shares suspended from trading or be delisted, but may apply to be taken off the list if their financial health is restored within two years.
Aussino's plight has not improved. It suffered a net loss of $1.04 million in the third quarter ending March 31 while revenue declined 12.8 per cent to $11.12 million from a year ago.
Its loss for the nine months was $4.39 million.
Aussino attributed the poor performances to a $3.2 million fall in sales from closed stores and counters in China.
songyuan@sph.com.sg
Jun 19, 2012
Aussino plans to sell petrol in Myanmar
Bedlinen chain in proposal to buy firm seeking to operate petrol kiosks there
By Magdalen Ng
THE beleaguered home furnishings company Aussino Group hopes to revive its fortunes by moving away from its bedlinen retail business to start selling petrol in Myanmar.
It will buy a company with a foothold in Myanmar, which is projected to be one of the best growth prospects in the region.
Aussino's strategy was outlined by the firm in a filing with the Singapore Exchange yesterday.
It disclosed that it has signed a non-binding memorandum of understanding with the Max Myanmar Group Of Companies.
Aussino proposes to acquire the entire issued share capital of Max Strategic Investments, which intends to operate petrol kiosks in Myanmar after the acquisition.
Little is known about the firm.
An Accounting and Corporate Regulatory Authority (ACRA) search revealed that Max Strategic was set up only on June 15 2012, and has a paid-up capital of $2. Its sole shareholder is Mr David Wang, 27.
Under the memorandum, Aussino will buy Max Strategic's share capital for $60 million. The funds will be raised by a share issue.
Once the acquisition has been completed, 85 per cent of all of Aussino's business and undertakings will be sold to Mr Anthony Lim, a director and controlling shareholder.
Aussino has operations in Australia, China, Malaysia and Singapore, where it has outlets in 12 locations including Plaza Singapura, The Clementi Mall and Jurong Point.
No details were provided as to how much Mr Lim will pay for the stake. It is also unclear if the company will move out of the bedlinen business completely after the deal.
In the announcement, Aussino said: 'The proposed acquisition presents an opportunity for the company to acquire a new operating business with growth potential in an emerging market.
'In addition, (it has) the potential to significantly increase the market capitalisation of the company, and potentially widen (its) investor base.'
This announcement was enough to send Aussino's shares soaring 22.4 per cent to close at 10.4 cents yesterday.
The company was placed on the Singapore bourse's watch list last September, after recording three consecutive years of losses.
Firms that lose money for three years running, or if their average daily market capitalisation falls below $40 million over 120 market days, go on the watch list. They may then have their shares suspended from trading or be delisted, but may apply to be taken off the list if their financial health is restored within two years.
Aussino's plight has not improved. It suffered a net loss of $1.04 million in the third quarter ending March 31 while revenue declined 12.8 per cent to $11.12 million from a year ago.
Its loss for the nine months was $4.39 million.
Aussino attributed the poor performances to a $3.2 million fall in sales from closed stores and counters in China.
songyuan@sph.com.sg
11 MONTHS LATER, WHAT HAPPENED??? Read The
Straits Times below…
The
Straits Times
www.straitstimes.com
Published on Apr 30, 2013
Aussino shares dive as backdoor listing slams shut
By Goh Eng Yeow Senior Correspondent
AUSSINO Group, which had set its sights on Myanmar, provides a chilling object lesson in what can go wrong if a reverse takeover turns sour.
The counter plunged 40.48 per cent to 10 cents yesterday on heavy volume of 176.43 million shares, after nose-diving as much as 58 per cent at one point.
The freefall came after the Singapore Exchange (SGX) effectively rejected the bid for a reverse takeover of a petrol kiosk business in Myanmar owned by controversial tycoon U Zaw Zaw.
Mr Zaw Zaw is on a US sanctions list and his Max Myanmar Group is at the centre of human rights allegations.
Aussino's share price dive means it is now trading back at levels last seen in June when the takeover idea was first mooted.
The company had earlier been advised by its financial adviser PrimePartners Corporate Finance to withdraw the reverse takeover application, rather than have it knocked back by the SGX.
PrimePartners had also said that the concerns raised by the SGX could not be satisfactorily addressed by Friday - the deadline to get the deal approved before new SGX mainboard rules kicked in.
But Aussino's board announced last Friday that it would not withdraw the application. This prompted the SGX's move yesterday.
In a statement before trading resumed after two days of suspension, Aussino said the SGX "is unable to proceed with the review of the application as major issues have not been adequately resolved".
The statement was accompanied by a cautionary note in bold saying that "shareholders are advised to exercise caution in trading of shares" in Aussino.
The reasons given by the SGX were essentially the same as those listed by PrimePartners when it urged the board to withdraw its reverse takeover application.
SGX cited concerns over Mr Zaw Zaw's presence on a US sanctions list and claims of human rights violations, related to forced land acquisitions by the former Myanmar government, and tax investigations by the Myanmar authorities against the businessman's Max Myanmar Group.
engyeow@sph.com.sg
See what Strait times reported ON 6TH NOV 2013
US INVESTMENT COMPANY WANTED USED TOILET PAPERS???
www.straitstimes.com
Published on Apr 30, 2013
Aussino shares dive as backdoor listing slams shut
By Goh Eng Yeow Senior Correspondent
AUSSINO Group, which had set its sights on Myanmar, provides a chilling object lesson in what can go wrong if a reverse takeover turns sour.
The counter plunged 40.48 per cent to 10 cents yesterday on heavy volume of 176.43 million shares, after nose-diving as much as 58 per cent at one point.
The freefall came after the Singapore Exchange (SGX) effectively rejected the bid for a reverse takeover of a petrol kiosk business in Myanmar owned by controversial tycoon U Zaw Zaw.
Mr Zaw Zaw is on a US sanctions list and his Max Myanmar Group is at the centre of human rights allegations.
Aussino's share price dive means it is now trading back at levels last seen in June when the takeover idea was first mooted.
The company had earlier been advised by its financial adviser PrimePartners Corporate Finance to withdraw the reverse takeover application, rather than have it knocked back by the SGX.
PrimePartners had also said that the concerns raised by the SGX could not be satisfactorily addressed by Friday - the deadline to get the deal approved before new SGX mainboard rules kicked in.
But Aussino's board announced last Friday that it would not withdraw the application. This prompted the SGX's move yesterday.
In a statement before trading resumed after two days of suspension, Aussino said the SGX "is unable to proceed with the review of the application as major issues have not been adequately resolved".
The statement was accompanied by a cautionary note in bold saying that "shareholders are advised to exercise caution in trading of shares" in Aussino.
The reasons given by the SGX were essentially the same as those listed by PrimePartners when it urged the board to withdraw its reverse takeover application.
SGX cited concerns over Mr Zaw Zaw's presence on a US sanctions list and claims of human rights violations, related to forced land acquisitions by the former Myanmar government, and tax investigations by the Myanmar authorities against the businessman's Max Myanmar Group.
engyeow@sph.com.sg
See what Strait times reported ON 6TH NOV 2013
US INVESTMENT COMPANY WANTED USED TOILET PAPERS???
Aussino will issue up to US$30 million (S$37.5 million) of convertible senior notes to a United States-based institutional investor.
The investor is a wholly-owned unit of international investment firm Crede Capital Group, which is headquartered in Los Angeles and has invested in more than 60 companies.
The funds raised will be used for the company's working capital and to finance future business acquisitions.
WHAT HAPPENED IN DEC 2013??? Read The Straits Times below…
Bed linen retailer Aussino says exit offer to shareholders
unlikely
PUBLISHED
DEC 18, 2013, 11:03 PM SGT
BY rACHEL BOON
Bed linen retailer Aussino Group, which is delisting, said on Wednesday that a reasonable exit offer to shareholders was unlikely.
This was due to reasons such as making losses since 2009 and
recording a negative cash flow in recent years.
For instance, the group incurred a net loss of about $8 million
for the 2013 financial year, as announced on Oct 11.
The firm said in a statement: "The company is not able to
procure any cash exit offer from any shareholder who has the financial ability
to do so nor is the company able to procure any third party investor to make
such a cash exit offer."
(OUR REMARK: WHY AUSSINO BIZ WAS SUDDENLY SOLD TO A NEWLY-ESTABLISHED COMPANY IN THE USA (SOON AFTER THIS ANNOUNCEMENT? WHO IS A LIAR AND CROOK HERE??? DEFINITELY IT IS NOT THE PERSON WHOM WE WANT TO LEARN FROM)
(OUR REMARK: WHY AUSSINO BIZ WAS SUDDENLY SOLD TO A NEWLY-ESTABLISHED COMPANY IN THE USA (SOON AFTER THIS ANNOUNCEMENT? WHO IS A LIAR AND CROOK HERE??? DEFINITELY IT IS NOT THE PERSON WHOM WE WANT TO LEARN FROM)
It plans to get shareholders' approval for various options which
include winding up the company or fund-raising options for the group's
operations and working capital needs.
Trading of shares will continue until 5 pm on Friday and trading
will remain suspended until the delisting is complete.
GAME OVER
Aussino Shares = Used Toilet
Papers
But but but…
SOMEONE IS STILL LAUGHING ALL
THE WAY TO THE BANK!
😂😂😂😂😂😂😂😂😂
SUMMARY:
2nd Dr. Anthony
YOU MUST LEARN FROM HIM
picture taken in 29 Jan 2016 in Vietnam!
Using his earnings from Aussino and reinvesting in one of biggest listed companies in Vietnam, Dr. Anthony Lim is a significant shareholder & Board Member in that listed company and Aussino is expected going to be at least few times bigger in the future - now, through a listed company in Vietnam!
https://bamboocap.com.vn/samcorp-investment-ky-ket-hop-dong-dau-tu-chien-luoc-vao-bamboo-capital/ (you use google translation to translate the Vienamese version into English) -- Update: Someone urgently requested Bamboo Capital Group to urgently remove this link.
FINAL FINAL FINAL CONCLUSION!!!!!!!!!!!
YOU MUST LEARN FROM DR. ANTHONY LIM...
1. LEARN TO BELIEVE IN "UNBELIEVABLE"
2. LEARN TO MAKE SOMETHING
OUT OF THE "UNBELIEVABLE"
3. LEARN TO DUMP WHEN UNBELIEVABLE BECOMES BELIEVABLE!
4. LEARN TO MOVE FROM UNBELIEVABLE (SINGAPORE) TO BELIEVABLE (VIETNAM)
5. LEARN TO LAUGH ALL THE WAY TO THE BANK!!!
IT'S ALREADY TOO LATE FOR US TO LEARN ANYTHING FROM DR. ANTHONY LIM...
OUR MOST PRECIOUS LESSON LEARNT!!!
OUR AUSSINO SHARES CERTIFICATE
IS AS GOOD AS.....
PLEASE PLEASE PLEASE SHARE WITH ALL AUSSINO SHAREHOLDERS IN SINGAPORE - INCLUDING ANTHONY LIM!
Special thanks:
1. We received very special information from Mr. K, a former employee of Aussino.
2. Ms C an accountant (CPA) herself, lost around SGD45000, helped arrange certain data.
3. Mr. Fatty Lim, a humourous boss who lost about 250K, he helped coordinate a meeting (or rather a gathering in a coffeeshop).
4. Mdm WL, a humble retired lawyer who lost around 14K.
5. Ms Koh, who wrote to us to ask what happened and gave us further info she got from her boss.
6. Mr. J, who was involved in Aussino Group Ltd overseas expansion.
7. Several people who were and are anonymous - they provided equally important insights into this free training.
8. Mr. H and W, who told us something about Anthony Lim.
9. Last but not least, without Anthony Lim, we won't have learnt so much! Sir, please keep it up...there are lots of stupid people like us out there.
😂😂😂😂😂😂😂😂😂
SUMMARY:
1. ANNOUNCEMENT of Almost IMPOSSIBLE RTO PROPOSAL
2. PROPOSED BUYBACK @ SGD9.4 Mil (if ALMOST IMPOSSIBLE RTO becomes POSSIBLE)
3. SHARES DUMPING to raise money to buy back Aussino Group of Business (if ALMOST IMPOSSIBLE RTO becomes POSSIBLE)
4. Announcement of NO CASH EXIT!
5. LET AUSSINO GROUP LTD DIE A NATURAL DEATH!
6. DISPOSAL OF COMPANY ASSET TO AUSSINO (USA) INC...
7. RELAUNCH IN VIETNAM...
7. RELAUNCH IN VIETNAM...
8. AND???
IN CONCLUSION, A NON-BINDING MOU WITH A COMPANY FROM MYANMAR WAS GOOD ENOUGH FOR... ???
IN CONCLUSION, A NON-BINDING MOU WITH A COMPANY FROM MYANMAR WAS GOOD ENOUGH FOR... ???
For Defamation Suit, remember to send your Letter of Demand to us @ aussinoshareslosers@gmail.com
We will identify ourselves!
---------------------
ADDITIONAL UPDATE:
A TALE OF TWO ANTHON(IES)
WE were shocked our post received an attention from a coward who wrote to us anonymously (you are a coward for not identifying yourself) and he/she mentioned to us about the case of Dr. Anthony Soh. We got new inspiration to better promote our free business seminar by coming up with a new article topic.
Learn from the RIGHT ANTHONY to avoid 11 years of imprisonment and continue to MAKE IT BIG ELSEWHERE -
A TALE OF TWO DR. ANTHON(IES)
1st Dr. Anthony (please don't learn from him):
REPORT FROM COMMERCIAL AFFAIRS DEPARTMENT (CAD)
THE SCHEMING Dr Anthony Soh Guan Cheow (Anthony Soh) was a medical doctor turned businessman. On 18 February 2008, Anthony Soh, through his company, Asia Pacific Links Limited (APLL), launched a general offer for the shares of Catalist-listed Jade Technologies Holding Limited (Jade). The offer priced at 22.5 cents per share caused the value of Jade shares to rise to around 22 cents, a 20% increase from the average daily closing price of 18.4 cents for the month of January 2008. Many investors snapped up the shares of Jade, in anticipation of a good profit to be made. Unbeknownst to the public, A n t h o n y S o h w a s u n d e r tremendous financial pressure in the period leading up to the general offer. He had pledged a substantial amount of Jade shares to financial institutions and was facing margin calls due to a decline in Jade share price between December 2007 and January 2008. The general offer was in fact an attempt by Anthony Soh to shore up Jade share price and stall for time to settle his obligations. To launch the general offer, Anthony Soh first needed to assure his financial advisers that he had the means to complete the offer. He did this by producing a financial resources confirmation letter purportedly issued from an overseas bank.
We will identify ourselves!
---------------------
ADDITIONAL UPDATE:
A TALE OF TWO ANTHON(IES)
WE were shocked our post received an attention from a coward who wrote to us anonymously (you are a coward for not identifying yourself) and he/she mentioned to us about the case of Dr. Anthony Soh. We got new inspiration to better promote our free business seminar by coming up with a new article topic.
Learn from the RIGHT ANTHONY to avoid 11 years of imprisonment and continue to MAKE IT BIG ELSEWHERE -
A TALE OF TWO DR. ANTHON(IES)
1st Dr. Anthony (please don't learn from him):
11 YEARS IN CHANGI PRISON, Don't Learn from him!!!!!!!
REPORT FROM COMMERCIAL AFFAIRS DEPARTMENT (CAD)
THE SCHEMING Dr Anthony Soh Guan Cheow (Anthony Soh) was a medical doctor turned businessman. On 18 February 2008, Anthony Soh, through his company, Asia Pacific Links Limited (APLL), launched a general offer for the shares of Catalist-listed Jade Technologies Holding Limited (Jade). The offer priced at 22.5 cents per share caused the value of Jade shares to rise to around 22 cents, a 20% increase from the average daily closing price of 18.4 cents for the month of January 2008. Many investors snapped up the shares of Jade, in anticipation of a good profit to be made. Unbeknownst to the public, A n t h o n y S o h w a s u n d e r tremendous financial pressure in the period leading up to the general offer. He had pledged a substantial amount of Jade shares to financial institutions and was facing margin calls due to a decline in Jade share price between December 2007 and January 2008. The general offer was in fact an attempt by Anthony Soh to shore up Jade share price and stall for time to settle his obligations. To launch the general offer, Anthony Soh first needed to assure his financial advisers that he had the means to complete the offer. He did this by producing a financial resources confirmation letter purportedly issued from an overseas bank.
(OUR REMARK: ANTHONY LIM DIDN'T NEED TO ASSURE ANYONE HE HAD THE MEANS TO BUY BACK AUSSINO BUSINESS, HE SIMPLY AND PUBLICLY DUMPED HIS SHARES ...HAHAHA... You and I must be wondering: What happened if Anthony Lim Aussino shares never shot up and prior to the RTO announcement, Aussino shares liquidity was super low, how was Anthony Lim going to fulfill his promise to shareholders to pay SGD9.4 million to buy Aussino biz ? (even if the RTO materialized)??? still remember Anthony Lim letter to Aussino shareholders in early Jan 2014 where he admitted no one had the financial means to offer to buy Aussino (which we believe he was also referring to himself ). No bank of "sound mind" would want to loan Anthony Lim SGD9.4 million by taking in Anthony Lim toilet paper shares as collateral!
After the offer was
launched, Anthony Soh secretly
sold some of the Jade shares held
by him and his entities and used
the proceeds to pay off his personal
debts. In total, he sold more than
$11 million worth of Jade shares
during the offer period.
The offer came to an abrupt end on
5 April 2008, after Anthony Soh’s
financial advisers found out that the
financial resources confirmation
letter was forged and that Anthony
Soh did not have the financial
means to complete the offer. When
trading in Jade shares resumed
on 7 April 2008, its share price
plummeted to 6.5 cents per share.
In total, close to $118.2 million in
shareholders’ value was wiped
out as a result of Anthony Soh’s
actions.
Anthony Soh was convicted of an
offence of announcing a take-over
offer when he had no reasonable
grounds for believing that APLL
would be able to perform its
obligations if the take-over offer
for Jade was accepted. The court
found him to be a “sophisticated
crook who engineered the general
offer and secret sale of shares for
his own benefit, but to the great
detriment of the market as well as
shareholders of Jade”. Anthony
Soh was also found guilty of
artificially inflating the price of Jade
shares via the general offer.
For his surreptitious sale of Jade
shares while he knew that APLL was
unable to perform its obligations
under the take-over, itself being
material insider information, the
court convicted Anthony Soh for
seven counts of insider trading. He
was also convicted on 30 counts
of disclosure related and false
statement offences.
Anthony Soh was sentenced to an
imprisonment term of 8 years and
9 months and a fine of $50,000. He
is currently appealing against the
judgment and sentence.
https://www.straitstimes.com/business/companies-markets/jade-technologies-ex-boss-gets-longer-jail-term-after-failed-appeal
22ND OCT 2016
- DR. ANTHONY SOH NEVER LEARNT FROM DR. ANTHONY LIM! DR. ANTHONY SOH BECAME A PRISONER FOR DOING THE "WRONG" THING WHEREAS DR. ANTHONY LIM CONTINUES TO BE A FREE MAN FOR DOING THE "RIGHT" THING!!!
https://www.straitstimes.com/business/companies-markets/jade-technologies-ex-boss-gets-longer-jail-term-after-failed-appeal
22ND OCT 2016
The record jail term imposed on former Jade Technologies president Anthony Soh Guan Cheow was extended by the High Court to 11 years yesterday following a failed appeal.
Soh was initially sentenced to eight years and nine months in jail and fined $50,000 in August last year on convictions for charges that included market rigging and insider trading.
He was given two years and six months in jail for market rigging, and jail terms ranging from six months to two years and six months for seven counts of insider trading. These sentences were then the highest imposed for such offences in Singapore.
Soh was also accused of giving false reports to the Singapore Exchange and the Securities Industry Council.The charges centred on his bid in 2008 to acquire Jade Technologies - now Cedar Strategic Holdings - via Asia Pacific Links, where he was the director and sole shareholder.
The buyout offer was made to raise Jade Technologies' slumping share price.
Soh, who did not have the money to carry out the takeover, later withdrew the offer, but over $10 million worth of Jade Technologies shares had been sold at inflated prices.
He then used the proceeds to fulfil his other financial obligations.
Both Soh and the prosecution appealed against the initial sentences.
In yesterday's High Court ruling, Judicial Commissioner See Kee Oon concluded that there was "no merit" in Soh's appeal, and the original sentences "do not fully and adequately reflect the overall criminality and gravity of Soh's misconduct".
The Judge ruled that the jail term of eight years and nine months be extended to 11 years. The $50,000 fine had been paid. - DR. ANTHONY SOH NEVER LEARNT FROM DR. ANTHONY LIM! DR. ANTHONY SOH BECAME A PRISONER FOR DOING THE "WRONG" THING WHEREAS DR. ANTHONY LIM CONTINUES TO BE A FREE MAN FOR DOING THE "RIGHT" THING!!!
IF DR ANTHONY SOH HAD ATTENDED OUR "LEARN FROM ANTHONY LIM" BUSINESS SEMINAR, HE MIGHT STILL BE STILL ENJOYING HIS MONEY "OUTSIDE"-- HE SHOULD DO THE FOLLOWING:
1. GET A FAMOUS US-SANCTIONED PERSONALITYTO OFFER THE TAKE-OVER OR RTO (ITALIAN MAFIA MARCO DI LAURO, , MACAU TRIAD LEADER WAN KUO KOI, IRANIAN BUSINESSMAN AMIR DIANAT, LOTS OF POTENTIAL CANDIDATES YOU CAN CHOOSE FROM, THE MORE NOTORIOUS THEY ARE, THE BETTER IT IS...ANYWAY, GETTING SGX APPROVAL IS SECONDARY & ALMOST IRRELEVANT) -- THESE US-SANCTIONED PEOPLE WOULD BE VERY VERY PLEASED TO BE PRESENTED THE GOLDEN OPPORTUNITY OF SGX RTO OR TAKE-OVER. TO THEM IT MAY BE A GOOD MONEY-LAUNDERING CHANNEL TO EVADE US-SANCTION...
2. DR ANTHONY SOH MUST OFFER TO BUY THE CORE BUSINESS OF JADE TECHNOLOGIES AT SGD 20 MILLION, AND DUMPED THE SHARES TO "RAISE THE FUND" IN ORDER TO BUY BACK JADE TECHNOLOGIES CORE BUSINESS. (ONLY IF THE PROPOSED TAKE-OVER OR RTO MATERIALIZE, SGX DON'T APPROVEL, THERE WON'T BE BUYING BACK...HAHAHA). THE HIGHER YOU OFFER TO BUY BACK THE BUSINESS, THE MORE SHARES YOU CAN DUMP, DUMP, DUMP...
3. ONCE THE ANNOUCEMENT IS MADE, DR ANTHONY SOH MUST QUICKLY DUMP DUMP DUMP DUMP....
4. 8 MONTHS LATER, SUBMIT THE TAKE-OVER OR RTO APPLICATION TO SGX...(WITH SOME "IMPOSSIBLE" TERMS AND CONDITIONS LIKE TRANSFERRING THE CASH TO IRAN OR BANKS CONTROLLED BY ITALIAN MAFIA, AND JUST IGNORE THE "US-SANCTIONED" PROBLEM ).
5. WHEN SGX REJECS THE APPLICATION, THEN TRANSFER WHAT ARE OF VALUE IN THE COMPANY TO A NEWLY-ESTABLISHED USA COMPANY AND CONTINUE TO BE THE CEO.
6. AND LAUGHING ALL THE WAY TO THE BANK FOR SELLING OFF "USED" TOILET PAPERS TO STUPID RETAIL INVESTORS (AND SOME VERY STUPID INSTITUTIONAL INVESTORS WHO STILL HOLD THE SHARES).
TOO LATE FOR DR ANTHONY SOH!
LET'S CONTINUE TO READ DR. ANTHONY LIM BELOW...
YOU MAY ASK: WHY SINGAPORE AUTHORITIES NEVER DARE TO TOUCH ANTHONY LIM??? NO NO NO, IT WAS BECAUSE ANTHONY LIM WAS DOING ABSOLUTELY THE RIGHT THINGS AND THE BOY SCOUTS FROM SGX, MAS, ACRA AND OTHER SINGAPORE REGULATORY AUTHORITIES MUST ALSO LEARN FROM HIM....... UNDERSTAND?!!! REMEMBER, WE ALL MUST LEARN FROM HIM.... DO THE RIGHT THINGS!!!!
YOU MAY ASK: WHY SINGAPORE AUTHORITIES NEVER DARE TO TOUCH ANTHONY LIM??? NO NO NO, IT WAS BECAUSE ANTHONY LIM WAS DOING ABSOLUTELY THE RIGHT THINGS AND THE BOY SCOUTS FROM SGX, MAS, ACRA AND OTHER SINGAPORE REGULATORY AUTHORITIES MUST ALSO LEARN FROM HIM....... UNDERSTAND?!!! REMEMBER, WE ALL MUST LEARN FROM HIM.... DO THE RIGHT THINGS!!!!
HAHAHA
2nd Dr. Anthony
YOU MUST LEARN FROM HIM
picture taken in 29 Jan 2016 in Vietnam!
Using his earnings from Aussino and reinvesting in one of biggest listed companies in Vietnam, Dr. Anthony Lim is a significant shareholder & Board Member in that listed company and Aussino is expected going to be at least few times bigger in the future - now, through a listed company in Vietnam!
https://bamboocap.com.vn/samcorp-investment-ky-ket-hop-dong-dau-tu-chien-luoc-vao-bamboo-capital/ (you use google translation to translate the Vienamese version into English) -- Update: Someone urgently requested Bamboo Capital Group to urgently remove this link.
FINAL FINAL FINAL CONCLUSION!!!!!!!!!!!
YOU MUST LEARN FROM DR. ANTHONY LIM...
1. LEARN TO BELIEVE IN "UNBELIEVABLE"
2. LEARN TO MAKE SOMETHING
OUT OF THE "UNBELIEVABLE"
3. LEARN TO DUMP WHEN UNBELIEVABLE BECOMES BELIEVABLE!
4. LEARN TO MOVE FROM UNBELIEVABLE (SINGAPORE) TO BELIEVABLE (VIETNAM)
5. LEARN TO LAUGH ALL THE WAY TO THE BANK!!!
IT'S ALREADY TOO LATE FOR US TO LEARN ANYTHING FROM DR. ANTHONY LIM...
OUR MOST PRECIOUS LESSON LEARNT!!!
OUR AUSSINO SHARES CERTIFICATE
IS AS GOOD AS.....
PLEASE PLEASE PLEASE SHARE WITH ALL AUSSINO SHAREHOLDERS IN SINGAPORE - INCLUDING ANTHONY LIM!
YOU MUST LEARN:
ANTHONY LIM'S SECRET "SELF-WIN-WIN" STRATEGY!
ANTHONY LIM'S SECRET "SELF-WIN-WIN" STRATEGY!
HEADS I WIN,
TAILS YOU LOSE!
HAVE YOU HEARD OF "SURE WIN"?
TAILS YOU LOSE!
HAVE YOU HEARD OF "SURE WIN"?
Special thanks:
1. We received very special information from Mr. K, a former employee of Aussino.
2. Ms C an accountant (CPA) herself, lost around SGD45000, helped arrange certain data.
3. Mr. Fatty Lim, a humourous boss who lost about 250K, he helped coordinate a meeting (or rather a gathering in a coffeeshop).
4. Mdm WL, a humble retired lawyer who lost around 14K.
5. Ms Koh, who wrote to us to ask what happened and gave us further info she got from her boss.
6. Mr. J, who was involved in Aussino Group Ltd overseas expansion.
7. Several people who were and are anonymous - they provided equally important insights into this free training.
8. Mr. H and W, who told us something about Anthony Lim.
9. Last but not least, without Anthony Lim, we won't have learnt so much! Sir, please keep it up...there are lots of stupid people like us out there.
---------
LAWYER LETTER FROM SHOOKLIN & BOK TO SILENCE US!
WE WON'T APOLOGIZE AND WE WANT SHOOKLIN & BOK TO EXPLAIN CLEARLY WHAT'S WRONG WITH OUR FREE BUSINESS SEMINAR! The lawyer accused us of making malicious statement against his client "WITHOUT FOUNDATION", pls check each and every paragraph we put up above and rewrite a better Letter of Demand to us! ... Shooklin & BOK or any Law Firm in Singapore, please tell us what's wrong with Learning From Anthony Lim and have we maliciously made FALSE & BASELESS ALLEGATIONS ???TELL US EXACTLY & PRECISELY THE FALSE & BASELESS ALLEGATIONS WE HAVE MADE AGAINST YOUR CLIENT!
PLEASE DON'T SIMPLY ACCUSE US SAYING YOUR CLIENT IS POOR, IS DISHONEST, IS UNSCRUPULOUS WHEN WE ARE SAYING EXACTLY THE OPPOSITE!
WE WILL RESPOND TO YOU IMMEDIATELY IF YOU PROVIDE US WITH A LETTER OF DEMAND THAT EXAMINES EACH & EVERY PARA ABOVE (AS WELL AS THE EVIDENCE WE PUT UP TO SUPPORT OUR STATEMENT), WE WILL PROVIDE FURTHER EVIDENCE WHEN WE GO TO COURT TO FACE THE MUSIC ...
NEARLY 150+ of us will prepare Statutory Declaration (SD) and be very ready to face anyone in a Court of Law in Singapore. We (150+ of us) will identify ourselves and wait for 2nd Letter of Demand. We have prepared a big banner and will go to SPEAKER'S CORNER to protest against a case of injustice!
WE HOPE TO SEE THIS LAWYER IN COURT & KINDLY SUE 150+ OF US (AS THIS IS A COLLECTIVE EFFORT OF "POOR AUSSINO GROUP LTD SHAREHOLDERS")...
WE HAVE GATHERED 150+ AUSSINO GROUP LTD SHAREHOLDERS WHO WANT TO LEARN FROM ANTHONY LIM, YOU ARE FREE TO JOIN US IF YOU ALSO A SHAREHOLDER OF AUSSINO GROUP LTD, LET'S STAY UNITED & LET'S STAY UNDAUNTED -- GO TO FACEBOOK: https://www.facebook.com/aussino.stupid.investors
WE HAVE LAWYERS AMONG US, FEAR NOT!
10++ years ago someone threatened to sue one of us 😛😛😛Did he receive free Aussino Group Ltd Shares???
http://edition.cnn.com/ASIANOW/asiaweek/technology/2000/0811/com.netgains.html
> technology
Caveat Poster
AUGUST 11 , 2000 VOL. 26 NO. 31 | SEARCH ASIAWEEK
Chatrooms can be helpful sources for stock tips, but they can also be gigantic rumor mills leading the unwary astrayBy ASSIF SHAMEEN
Ten years ago, before the Internet became part of the vernacular, there were electronic bulletin boards that anyone with an acoustic coupler (forerunners of today's modems) could access. What struck me then about those crude public forums was the genuineness of the users. Almost everyone was a geek or aspired to geekhood, so the primary discussion topic was computers. Once in a while someone would post something about the wild swings on Wall Street and most visitors in the chatroom would ignore him as if he had a contagious disease.
That was before Nasdaq became hip and investment bankers discovered the nerds could be milked for billions of dollars. Now the Internet bristles with thousands of financial chatrooms where hundreds of thousands of small investors swap stock tips, rumors, investment advice and insults. And a lot of that trustworthy sincerity, that "insider" ambience, that marked the early boards is gone. Today, you have no clue if that anonymous chatter who just trashed your pet company has real knowledge or if he is a short-seller sowing doubt to stampede the novices into dumping their shares.
I don't spend much time on financial chat sites anymore. I consider them to be of dubious veracity and therefore of limited utility. They are more of an amusement than a primary source of information. Still, one of my favorite financial websites is clearstation.com. Along with news and investor tools, clearstation has an active forum. Whenever I log in to check the price of my sinking Nokia shares, clearstation.com alerts me to all the new postings on the company since I last visited. With one click, I can make a stock trade through E*Trade, which owns the site.
While waiting for clearstation to expand its coverage to Asia, I have lately been cruising some of the Southeast Asian financial chat sites. Singapore has several of them. The granddaddy is the Market Talk forum at POEMS (Phillips Online Electronic Mart System), the Internet platform of Singapore's Phillips Securities. Another is shareinvestor.com. U.S.-based stockhouse.com is testing its Singapore service and expanding throughout the region.
Several other U.S. portals are preparing to launch their own Asian financial chatrooms because they draw and keep traffic. But due to the unmoderated nature of the information being posted — it's difficult to hold anonymous posters accountable for the things they say — running chatrooms can be risky business. Recently, Singapore-based Aussino.com, an online retailer of lifestyle goods and lingerie, engaged in a very public spat with shareinvestor.com and one of its members, who alleged in a chatroom that two Aussino directors had received 250,000 free shares in the company. The Aussino chief executive denied the allegation and demanded an apology from shareinvestor.com, as well as the suspension of all discussions about the company on the site. Shareinvestor says its members have the right to express their opinion about any stock listed on any bourse, but they complied by removing Aussino. The e-tailer is threatening to sue anyway.
http://edition.cnn.com/ASIANOW/asiaweek/technology/2000/0811/com.netgains.html
> technology
Caveat Poster
AUGUST 11 , 2000 VOL. 26 NO. 31 | SEARCH ASIAWEEK
Chatrooms can be helpful sources for stock tips, but they can also be gigantic rumor mills leading the unwary astrayBy ASSIF SHAMEEN
Ten years ago, before the Internet became part of the vernacular, there were electronic bulletin boards that anyone with an acoustic coupler (forerunners of today's modems) could access. What struck me then about those crude public forums was the genuineness of the users. Almost everyone was a geek or aspired to geekhood, so the primary discussion topic was computers. Once in a while someone would post something about the wild swings on Wall Street and most visitors in the chatroom would ignore him as if he had a contagious disease.
That was before Nasdaq became hip and investment bankers discovered the nerds could be milked for billions of dollars. Now the Internet bristles with thousands of financial chatrooms where hundreds of thousands of small investors swap stock tips, rumors, investment advice and insults. And a lot of that trustworthy sincerity, that "insider" ambience, that marked the early boards is gone. Today, you have no clue if that anonymous chatter who just trashed your pet company has real knowledge or if he is a short-seller sowing doubt to stampede the novices into dumping their shares.
I don't spend much time on financial chat sites anymore. I consider them to be of dubious veracity and therefore of limited utility. They are more of an amusement than a primary source of information. Still, one of my favorite financial websites is clearstation.com. Along with news and investor tools, clearstation has an active forum. Whenever I log in to check the price of my sinking Nokia shares, clearstation.com alerts me to all the new postings on the company since I last visited. With one click, I can make a stock trade through E*Trade, which owns the site.
While waiting for clearstation to expand its coverage to Asia, I have lately been cruising some of the Southeast Asian financial chat sites. Singapore has several of them. The granddaddy is the Market Talk forum at POEMS (Phillips Online Electronic Mart System), the Internet platform of Singapore's Phillips Securities. Another is shareinvestor.com. U.S.-based stockhouse.com is testing its Singapore service and expanding throughout the region.
Several other U.S. portals are preparing to launch their own Asian financial chatrooms because they draw and keep traffic. But due to the unmoderated nature of the information being posted — it's difficult to hold anonymous posters accountable for the things they say — running chatrooms can be risky business. Recently, Singapore-based Aussino.com, an online retailer of lifestyle goods and lingerie, engaged in a very public spat with shareinvestor.com and one of its members, who alleged in a chatroom that two Aussino directors had received 250,000 free shares in the company. The Aussino chief executive denied the allegation and demanded an apology from shareinvestor.com, as well as the suspension of all discussions about the company on the site. Shareinvestor says its members have the right to express their opinion about any stock listed on any bourse, but they complied by removing Aussino. The e-tailer is threatening to sue anyway.
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