SingPost *Official* (SGX: S08)
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yihao93
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I also got few lots.Holding it to go agm eat food or collect any vouchers?
Just hold loh
Can be reminder of mistakes made :13:
galaxynote
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Going to 140plus
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WhyPayMore
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Amazon is going to have their delivery service Liao.. GG for singpost.
zzxiaoboizz
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More like glp gg first then singpost right?
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WhyPayMore
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ya loh.. i think more and more online shop will be going to follow suit soon. it make more economical sense to deliver your own products rather than rely on third party. better control and visibility, and a huge source of revenue.
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Actually GLP not postal coy, they provide warehouse for businesses... is just bad sentiments, else it has good prospect. Dats why im still holding with confidence.
Sent from your gal nex door using GAGT
fortunecat
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OngHuatHuat
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Shion
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SingPost justifies choice of special auditor in letter to The Business Times
SingPost justifies choice of special auditor in letter to The Business Times
http://www.theedgemarkets.com/sg/ar...-choice-special-auditor-letter-business-times
SINGAPORE (Jan 29): Singapore Post has responded to two articles, a letter and a commentary published in The Business Times, justifying its choice to appoint PricewaterhouseCoopers as the special auditor reviewing the group’s acquisitions of stakes in Famous Holdings, FS Mackenzie and Famous Pacific.
SingPost explains that it had appointed the special auditors voluntarily because it took a serious view of the concerns raised over Keith Tay’s position as the non-executive chairman and shareholder of Stirling Coleman Capital Ltd, which acted as an arranger or financial adviser for the sellers. Tay is the non-executive lead independent director of SingPost.
Singpost says the acquisitions are not interested-person transactions, and that it was aware of Tay’s relationship with SCCL from the time the first acquisition was entered into. However, the group adds that Tay’s interest in SCCL had no bearing or influence over the decision to approve the acquisitions, as the board followed a set of criteria to evaluate the cost, rationale and benefits of each transaction.
The letter notes that Tay was not present at the board meeting that deliberated and appointed PwC as the special auditor, and will not be involved in the proceedings relating to the special audit. Senior management of the company will also not be involved in the special audit, beyond the interviews required by the special auditors.
While PwC is the company’s existing external auditor, Singpost says that the scope set by the board for the special audit does not conflict with its role as it external auditors, and that the audit team at PwC and the team performing the special audit are separate, with the lead partner and members of the latter having no prior or existing professional relationship with the group. It also clarifies that PwC was not the external auditor of Famous Holdings at the time of the acquisition and was only appointed after the acquisition in accordance to SGX listing rules.
The full report of the special auditors will be shared with SGX, and the key findings will be made public, it says.
Furthermore, SingPost’s board says it has appointed a committee to lead a comprehensive corporate governance review of the company, which will invite a range of accounting firms to participate in a request-for-proposals exercise, and remains committed to upholding the highest standards of corporate governance and transparency.
Singpost’s shares closed 2.69% higher at $1.34.
SingPost justifies choice of special auditor in letter to The Business Times
http://www.theedgemarkets.com/sg/ar...-choice-special-auditor-letter-business-times
SINGAPORE (Jan 29): Singapore Post has responded to two articles, a letter and a commentary published in The Business Times, justifying its choice to appoint PricewaterhouseCoopers as the special auditor reviewing the group’s acquisitions of stakes in Famous Holdings, FS Mackenzie and Famous Pacific.
SingPost explains that it had appointed the special auditors voluntarily because it took a serious view of the concerns raised over Keith Tay’s position as the non-executive chairman and shareholder of Stirling Coleman Capital Ltd, which acted as an arranger or financial adviser for the sellers. Tay is the non-executive lead independent director of SingPost.
Singpost says the acquisitions are not interested-person transactions, and that it was aware of Tay’s relationship with SCCL from the time the first acquisition was entered into. However, the group adds that Tay’s interest in SCCL had no bearing or influence over the decision to approve the acquisitions, as the board followed a set of criteria to evaluate the cost, rationale and benefits of each transaction.
The letter notes that Tay was not present at the board meeting that deliberated and appointed PwC as the special auditor, and will not be involved in the proceedings relating to the special audit. Senior management of the company will also not be involved in the special audit, beyond the interviews required by the special auditors.
While PwC is the company’s existing external auditor, Singpost says that the scope set by the board for the special audit does not conflict with its role as it external auditors, and that the audit team at PwC and the team performing the special audit are separate, with the lead partner and members of the latter having no prior or existing professional relationship with the group. It also clarifies that PwC was not the external auditor of Famous Holdings at the time of the acquisition and was only appointed after the acquisition in accordance to SGX listing rules.
The full report of the special auditors will be shared with SGX, and the key findings will be made public, it says.
Furthermore, SingPost’s board says it has appointed a committee to lead a comprehensive corporate governance review of the company, which will invite a range of accounting firms to participate in a request-for-proposals exercise, and remains committed to upholding the highest standards of corporate governance and transparency.
Singpost’s shares closed 2.69% higher at $1.34.
air_pork
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May I know where to get the source for dividends date payout and %?
Bought @1.30 yesterday, am I qualify for upcoming dividends?
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air_pork
Senior Member
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Thanks V much. I love Singpost..
zzxiaoboizz
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Welcome onboard lol
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