It was less than a month ago that Sino-Environment annced that S$14 million had been “secured”. https://atans1.wordpress.com/2010/03/29/sino-e-wheres-the-14m/ and implied that things were looking up
So it must have come as a shock to shareholders that the CEO had quit and the company is in interim judical mgt.
Were the independent directors doing the right thing earlier this year? https://atans1.wordpress.com/2010/01/10/sino-e-where-are-the-managers-doc/
Or were they intent on making sure they could not be sued?https://atans1.wordpress.com/2010/01/03/sini-e-the-plot-thickens/
Hopefully someone will explain to the shareholders how within the space of less than a month expectations were raised and then dashed. Though I doubt it.
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