QUOTE(kockroach @ Jul 14 2010, 12:50 AM)
Isn't this some insider info that might affect your company reputation?
nah... dont think so....it is all done legally...
QUOTE(Aloong @ Jul 14 2010, 10:22 AM)
Isit really that effective?
Were u really in SG that time or in M'sia?
Added on July 14, 2010, 10:36 amhow small is the inter transactions?
not big enuf to disclose in the prospectus?
Also " by rite" inter transaction with companies of proxy or nominee shareholding also need to disclose. i.e. u proxy to ur directors. in a way u are abetting with ur directors to avoid disclosure. u can get caught also by SGX, if they can prove it. why the risk?
anyway, if in US sanctioned company better bkful lor.
mana tau if the company got terrorist funding etc, and US CIA will link u to it. (a bit dramatic eg lar, but never know).
at the end of the day, cost benefit analysis, only u know lar.
around usd 100 mill per annum... in this industry it is a small amount...
cause the proxy has full power and not gag by any power of attorney letters.... no worries cause these companies dont make any profit...
no no... us sanctioned the country... not the company... and it is sanction the usd not the trades...