Serious [ Singapore News ] SGX Companies Beware of Indians The Typical Troublemakers in Singapore : Mano Sabnani

[grandtour]

https://www.theedgesingapore.com/mano-sabnani-files-defence-stamford-land-defamation-suit

Mano Sabnani files defence to Stamford Land defamation suit

By: Stanislaus Jude Chan
01/10/18, 04:04 pm

SINGAPORE (Oct 1): Outspoken investor Mano Sabnani on Sunday filed his defence to the defamation lawsuit launched against him by Stamford Land Corp and its directors.

Sabnani and his defence counsel – Abraham Vergis and Zhuo Jiaxiang of Providence Law Asia – maintain that his statements were justified and not defamatory.

Stamford Land and five of its directors on Sept 7 had filed a writ of summons in the High Court against Sabnani for making allegedly defamatory remarks.

In a Sept 9 filing, the group said Sabnani had published defamatory statements in a July 27 Facebook post and a July 31 letter to The Business Times. The group alleged that Sabnani had also uttered defamatory statements at two annual general meetings, in 2016 and 2018.

 

[syed putra]

Thus must be the same stamford land that got embroiled in land grab incident when muhyiddin yassin, current no 2 in dr mad political party, was chief minister of jiu hu state.i think eventually, state forced to compensate for difference between acquired price and market price.

 

[grandtour]

When I buy shares, I do so because I see potential and growth in the company. This growth may or may not materialize and is an inherent risk that I chose to take. I don't morph into a shareholder activist and fight the company if things do not go my way. Even warren buffett lose money in investment, he moves on, wins more and make up for the loss.

If the Mano Sabnani is so sure he is right and wrongly sued, why then did he remove his defamatory facebook postings about Stamford Land and its directors ? For those who don't know, Mano Sabnani is a familiar face at AGMs of many SGX companies, not the first time being thrown out of AGMs because this Indian is always creating trouble at AGMs.

The hard truth is Mano Sabnani is a Typical Indian Snake projecting his own Indian ego of a minority Indian with victim mentality in real life onto "minority shareholder fighting oppression from majority shareholder".