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http://www.anonanalytics.com/
http://www.anonanalytics.com/
Anonymous Analytics
Initial Report Date(2016/09/28)Share Price:0.620 Listed on HKEX
Initial Report Date(2016/09/28)Share Price:0.620 Listed on HKEX
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Details Link > We believe the current non-Executive Chairman is using Hsin Chong as his personal dumping ground for problematic and non-revenue generating development properties at the expense of minority shareholders. Site visits and satellite images suggest that Hsin Chong has misled investors about the commercial viability of its two biggest properties.
Hsin Chong has been OCF negative in each of 2013, 2014, 2015 and interim 2016, and recently cut its long-standing dividend. We have serious concerns over its substantial debt obligations.
By wantattse
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