LSH: Interesting extracts from available AIM’s financial statements

[Confuseous]

Accumulated losses of ($25,916) and ($59,043) in 2000 and 1999

Net loss of ($706) in 1999

Net profits after tax of $33,127 in 2000

Total revenue of $58,338 (Consultancy services revenue $57,057 & Interest income $1,281) in 2000

Total revenue of $1,885 (Interest income) in 1999

Long term loan of $122,000 in 1999 and 2000

“The long term loan is unsecured, interest free, has no fixed term of repayment and is not expected to be repaid within one year.”

Expenses of $1,664 and $2,577 in 2000 and 1999

Net current assets (comprising mainly of fixed deposits and cash) of $96,236 and $63,010 in 2000 and 1999

Paid-up share capital of $2

Authorised share capital of $5 million

- http://leongszehian.com/?p=2479

 

[Logisex]

“The long term loan is unsecured, interest free, has no fixed term of repayment and is not expected to be repaid within one year.”

The loan is from Ah Gong?

 

[mojito]

“The long term loan is unsecured, interest free, has no fixed term of repayment and is not expected to be repaid within one year.”

How very generous of the vendor to offer financing to help make the sale! After the sale is done, the vendor is the customer and the customer is the vendor. What a topsy turvy world!

This is an interested party transaction. There is no running away from it. Any idiot with commercial exposure will tell you this is an improper way of doing things and these things will be scrutinized. Which bumbling fool engineered such a shoddy scheme? Finesse is clearly lacking.

 

[laksaboy]

There is only one word to describe the situation: incestuous.

 

[jw5]

“The long term loan is unsecured, interest free, has no fixed term of repayment and is not expected to be repaid within one year.”

Other than the interest free part, that sounds like your CPF!

 

[jw5]

“The long term loan is unsecured, interest free, has no fixed term of repayment and is not expected to be repaid within one year.”

The loan is from Ah Gong?

Ah Kong, not Ah Gong.

 

[Kinana]

Really? Can Leong show us where is his source for the financial statement?

 

[Debonerman]

Really? Can Leong show us where is his source for the financial statement?

Can your Prime Minister whose dick is still attached to your mouth be honorable and confront the allegations point by point instead of using the PAP LEEGAL approach?...You son of a whore!...hahahaahahaahaha

 

[Kinana]

Can your Prime Minister whose dick is still attached to your mouth be honorable and confront the allegations point by point instead of using the PAP LEEGAL approach?...You son of a whore!...hahahaahahaahaha

You mean Leong can't show us proofs to back him up?

 

[Debonerman]

You mean Leong can't show us proofs to back him up?

You mean your Prime MInister whose dick is still attached to your mouth don't have balls? You should be paid half rations for having a lighter work load! You son of a prostitute!....hahaahahaahaha

 

[chilakak]

Really? Can Leong show us where is his source for the financial statement?

Ever heard of ACRA search, moron?

Seriously, where the hell did the PAP IB dig you out from? You have the brains of an amoeba! Oh wait! That would be insulting to the amoeba!!

 

[cunnilaubu]

AIM has only filed 3 financial statements in its 21 years of existence. The last was for 2000 which LSH shown above.

The Companies Act allows small companies with yearly turnover below $5m and without corporate shareholders the option not to file its financial statements.
This is probably one of the reasons why the shares are held in the ex-MPs name instead of PAP. It may also not want others to know that it actually owns businesses / assets.

I suspect THP may have inadvertently spilled the beans.

 

[SongBoh]

Really? Can Leong show us where is his source for the financial statement?

Why you so stupid one? If not true, Leong will be sent a lawyer letter what.

If no lawyer letter means true lah. Ask where the source for what? Like that you also song. Dui!!

 

[Narong Wongwan]

Ever heard of ACRA search, moron?

Seriously, where the hell did the PAP IB dig you out from? You have the brains of an amoeba! Oh wait! That would be insulting to the amoeba!!

Kinana the dog....his intellect was deemed more than enough to handle the 60.1% by his white masters.
From the looks of things in May 2011....kinana is still doing his job as his mastes are still in power.

 

[Kinana]

Ever heard of ACRA search, moron?

Seriously, where the hell did the PAP IB dig you out from? You have the brains of an amoeba! Oh wait! That would be insulting to the amoeba!!

Give us the acra link la

 

[LonelyTREE]

Why the company is called AIM when it's intentions are less than honorable? It's obviously a front, more like a shell company that does nothing but to line coffers for no work done.

 

[Sinkie]

Left pocket, right pocket. Sounds familiar, isn't it?

 

[Bigfuck]

Give us the acra link la

Forgive Kanina PAP IB. He needs till 3013 to evolve enough to make arguments. He is still making noise.
Gotcha, Kanina PAP IB.

 

[Kinana]

Forgive Kanina PAP IB. He needs till 3013 to evolve enough to make arguments. He is still making noise.
Gotcha, Kanina PAP IB.

You mean you fellas can't even show a link?

 

[rusty]

Give us the acra link la

Here's the link Honey http://www.sammyboy.com/legacy/
Maybe you could learn a trick or two from there.