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Pokka sues Vivian Lai's hubby for $6.51m
- Thread starter EunoiaJAYCEE
- Start date
https://tinyurI.com/y3mcehzf
Will Vivian Lai accept Indecent Proposals to help hubby pay off that 6MIL?
Zhang Ziyi’s golden cheesepie worth $2M per shot last time. Will Vivia’s Worth half as much?
Zhang Ziyi’s golden cheesepie worth $2M per shot last time. Will Vivia’s Worth half as much?
How about $50 per shot? Low margin, high volume.
Pokka Sues Ex-CEO Alain Ong For $6.51 Mil Over Losses During Kimly’s Purchase Of Asian Story
28 Aug 2019, 7:12 pm
Ex-Pokka CEO Alain Ong Was Suspended In Sep 2018
Last year, Pokka International was embroiled in a scandal involving ex-CEO Alain Ong and his wife Vivian Lai — a local celebrity.
Source
On Wednesday (28 Aug), Lianhe Zaobao reported that the beverage company has filed a lawsuit against Ong for losses amounting to at least S$6.51 million.
Vivian Lai’s husband allegedly inflated the value of Asian Story
Ong allegedly orchestrated and benefited from Kimly’s public listing in 2017 and its purchase of Asian Story which cost S$1.6 million, according Lianhe Zaobao.
The report, published on Wednesday (28 Aug) claims that Ong “illegally inflated Asian Story’s market value” and used Pokka’s resources to transform the company from one that only had 1 employee in 2009 to a company that now produces over 27 beverages.
Ong, through his actions, reportedly violated the Securities and Futures Act and caused losses amounting to S$6.51 million to Pokka.
Kimly cancelled Asian Story acquisition in 2018
According to Business Times, Kimly cancelled its acquisition of Asian Story after Pokka issued a 6-month notice that it would be terminating its manufacturing agreement with Asian Story.
Prior to the acquisition, Pokka International was the distributor of Asian Story’s products.
Pokka Corporation also manufactured some of Asian Story’s products on a non-exclusive basis.
Ong was suspended as Pokka CEO in Sep 2018
Back in Sep 2018, Pokka issued a letter to its business partners indicating that Ong was no longer authorised to represent Pokka International and Pokka Corporation.
The suspension was deemed necessary for company operations to continue running smoothly.
A month later, Vivian Lai – Ong’s wife and Pokka ambassador – was terminated as the ambassador of the company.
This is a developing story. The detailed write-up on the case by Lianhe Zaobao, can be found here in Mandarin.
28 Aug 2019, 7:12 pm
Ex-Pokka CEO Alain Ong Was Suspended In Sep 2018
Last year, Pokka International was embroiled in a scandal involving ex-CEO Alain Ong and his wife Vivian Lai — a local celebrity.
On Wednesday (28 Aug), Lianhe Zaobao reported that the beverage company has filed a lawsuit against Ong for losses amounting to at least S$6.51 million.
Vivian Lai’s husband allegedly inflated the value of Asian Story
Ong allegedly orchestrated and benefited from Kimly’s public listing in 2017 and its purchase of Asian Story which cost S$1.6 million, according Lianhe Zaobao.
The report, published on Wednesday (28 Aug) claims that Ong “illegally inflated Asian Story’s market value” and used Pokka’s resources to transform the company from one that only had 1 employee in 2009 to a company that now produces over 27 beverages.
Ong, through his actions, reportedly violated the Securities and Futures Act and caused losses amounting to S$6.51 million to Pokka.
Kimly cancelled Asian Story acquisition in 2018
According to Business Times, Kimly cancelled its acquisition of Asian Story after Pokka issued a 6-month notice that it would be terminating its manufacturing agreement with Asian Story.
Prior to the acquisition, Pokka International was the distributor of Asian Story’s products.
Pokka Corporation also manufactured some of Asian Story’s products on a non-exclusive basis.
Ong was suspended as Pokka CEO in Sep 2018
Back in Sep 2018, Pokka issued a letter to its business partners indicating that Ong was no longer authorised to represent Pokka International and Pokka Corporation.
The suspension was deemed necessary for company operations to continue running smoothly.
A month later, Vivian Lai – Ong’s wife and Pokka ambassador – was terminated as the ambassador of the company.
This is a developing story. The detailed write-up on the case by Lianhe Zaobao, can be found here in Mandarin.
Then mathematically, you'll need to pump her more than 40,000 times to reach $6m
This shows that the Japs are sharp, they are not gong kias, and the spirit of the bushido is strong with them.
My apologies to all her fanboys, but I don't find her attractive at all. Not her looks, not the way she speaks, not her behaviour, nothing. 
Pokkai liao
https://mothership.sg/2019/08/pokka-sues-alain-ong/
Ong allegedly cost Pokka S$6.51million in losses
Citing court documents, Zaobao reported that the 44-year-old Ong was behind the listing of Kimly on SGX, as well as the acquisition of Asian Story.
Ong’s actions, which have violated the Securities and Futures Act, have apparently cost Pokka a loss of at least S$6.51million, which the company is suing Ong for.
will CAD charge him or not ??
Ong allegedly cost Pokka S$6.51million in losses
Citing court documents, Zaobao reported that the 44-year-old Ong was behind the listing of Kimly on SGX, as well as the acquisition of Asian Story.
Ong’s actions, which have violated the Securities and Futures Act, have apparently cost Pokka a loss of at least S$6.51million, which the company is suing Ong for.
will CAD charge him or not ??
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