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besotted files for bankruptcy?

CENWEN

Alfrescian
Loyal
Home > Breaking News > Singapore > Story
April 3, 2009
Chef files for bankruptcy
<!--10 min-->
<!-- headline one : start --> <!-- headline one : end --> <!-- show image if available --> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr></tr> <tr> </tr> <tr> </tr> </tbody></table> <!-- START OF : div id="storytext"--> CHINESE restaurant Canton Wok in Joo Chiat has closed and its chef-owner Ang Song Kang, popularly known as Chef Kang, has had to file for bankruptcy after a failed business venture in China. The 44-year-old chef has made a name by serving innovative dishes such as baked crabs in white cream sauce and strawberry pork ribs at zi char prices. He tells Life! he invested in a Guangzhou motor and machine oil plant in 2005 with two Chinese nationals. He had known one of them for about three years. He invested $200,000 of his savings in the business and got a 25 per cent stake in it. All seemed well until the middle of last year, when his business partners asked him to pump in more money as the recession had affected business.
Read the full report in Saturday's edition of The Straits Times LIFE!
 

makapaaa

Alfrescian (Inf)
Asset
Home > Breaking News > Singapore > Story
April 3, 2009
Chef files for bankruptcy
<!--10 min-->
<!-- headline one : start --><!-- headline one : end --><!-- show image if available --><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR></TR><TR></TR><TR></TR></TBODY></TABLE><!-- START OF : div id="storytext"-->CHINESE restaurant Canton Wok in Joo Chiat has closed and its chef-owner Ang Song Kang, popularly known as Chef Kang, has had to file for bankruptcy after a failed business venture in China. The 44-year-old chef has made a name by serving innovative dishes such as baked crabs in white cream sauce and strawberry pork ribs at zi char prices. He tells Life! he invested in a Guangzhou motor and machine oil plant in 2005 with two Chinese nationals. He had known one of them for about three years. He invested $200,000 of his savings in the business and got a 25 per cent stake in it. All seemed well until the middle of last year, when his business partners asked him to pump in more money as the recession had affected business.
Read the full report in Saturday's edition of The Straits Times LIFE!


Moral of the story is not to delve into biz that one is not familiar is. This explains the Familee's $260B of MASSIVE LOSSES from punting in the markets using Sporns' CPF savings. The only thing the Familee is good at is bullying a "Chinese society" within a Peesai. That's their core competency. Accept it!
 

singveld

Alfrescian (Inf)
Asset
dun trust PRC women and chinaman

our ancestor got con of their money and have to come to suffer in south east asia in blazing heat.

now, sinkies want to go to china to get con again?

what fools.
 

halsey02

Alfrescian (Inf)
Asset
dun trust PRC women and chinaman

our ancestor got con of their money and have to come to suffer in south east asia in blazing heat.

now, sinkies want to go to china to get con again?

what fools.

FIRST WAVE: The thoes of forming a nation: Fighting the Japanese & Foreign Countries, KMT fighting the CCCP fighting the warlords, the formation of ROC (Chung Hua Ming Guo), and then PRC.

SECOND WAVE : The red tide revolution, "escaping from the bamboo curtain", refugess of a communist system.

THIRD WAVE : Lifting the bamboo curtain, allowing hordes of hungry hordes of humanity, to NANYANG & beyond.

FOURTH WAVE : "lemmings" fascinated to what we call China today, as CATHAY was to Marco Polo, just blindlyfollow,to the sound of the Chinese piper to their doom; more like a backwards exodus from Nanyang to China.:rolleyes:
 
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