>>>""With the cessation of the Group¡¯s business activities, the workings and information flow between the management in Changshu, PR China and the Board members in Singapore have been minimal. It is difficult for him to discharge his duties as an Independent Director without timely information and regular updates from the management.<<
Is this how the chor boh lan Prataman oversee Sporns' reserves too? Being paid millions, but just wait for info to cum from the Familee instead of taking an active role in preventing it from being punted away?
<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>
Coffeeshop Chit Chat - Letter to Eric Low, ID of Ferro China</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>xlandjy <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>Oct-8 11:03 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 8) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>22475.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Mr Eric Low,
You had been the Independent Director of Ferror China Limited, a listed company in SGX ipo more than 3 years ago. I am a shareholder of the company.
I attended the agm of the company and you were always there with other board members and all (including you) spoke well of the company. The share price once hit $3 a share. I was told that the company is now in negative asset and not worth even 1 cent.
Ferro China has been suspended since 9 Oct 08. Since then NO news were forthcoming from you and the other Independent Dir, a lawyer. The owner and CEO She Chun Tai has gone into hiding and never heard since. Less than six months later, you resigned as Independent Director giving the following reason I quote:
""With the cessation of the Group¡¯s business activities, the workings and information flow between the management in Changshu, PR China and the Board members in Singapore have been minimal. It is difficult for him to discharge his duties as an Independent Director without timely information and regular updates from the management.
In addition, he had a surgery and received medical advice to recuperate for time being. ""
You claimed to have a surgery and received medical advice to recupeerate for time being. I noticed that you have become very active again in politics. It seems that you have recovered very fast ha...
I wish you good luck and good health.
From your respectful Shareholders of Ferro China
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
Is this how the chor boh lan Prataman oversee Sporns' reserves too? Being paid millions, but just wait for info to cum from the Familee instead of taking an active role in preventing it from being punted away?
<TABLE id=msgUN border=0 cellSpacing=3 cellPadding=0 width="100%"><TBODY><TR><TD id=msgUNsubj vAlign=top>
You had been the Independent Director of Ferror China Limited, a listed company in SGX ipo more than 3 years ago. I am a shareholder of the company.
I attended the agm of the company and you were always there with other board members and all (including you) spoke well of the company. The share price once hit $3 a share. I was told that the company is now in negative asset and not worth even 1 cent.
Ferro China has been suspended since 9 Oct 08. Since then NO news were forthcoming from you and the other Independent Dir, a lawyer. The owner and CEO She Chun Tai has gone into hiding and never heard since. Less than six months later, you resigned as Independent Director giving the following reason I quote:
""With the cessation of the Group¡¯s business activities, the workings and information flow between the management in Changshu, PR China and the Board members in Singapore have been minimal. It is difficult for him to discharge his duties as an Independent Director without timely information and regular updates from the management.
In addition, he had a surgery and received medical advice to recuperate for time being. ""
You claimed to have a surgery and received medical advice to recupeerate for time being. I noticed that you have become very active again in politics. It seems that you have recovered very fast ha...
I wish you good luck and good health.
From your respectful Shareholders of Ferro China
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
