g8 information not inclued in business update

I found this interesting G8 information post on another forum. regards, Seamisty
Updates on Cherie Hearts' legal suit against G8 in Singapore..

Pre-trial hearing, Monday, 8th August 2011

The Singapore High Court has once again ruled in favour of Cherie Hearts Group International ("CHGI!") in their ongoing suit against G8 Limited ("G8").

G8 tried desperately to submit its affidavit at the 11th hour on Saturday, 6th August 2011, but all attempts were in vain. The High Court Judge dismissed and disregarded their last minute affidavit at the pre-trial hearing on Monday, 8th August 2011.

At the same time, the High Court Judge also dismissed..
G8's application for the revenue from child care centre operations to be paid to them by CHGI.
the need for CHGI to transfer the ownership of the bank accounts of their subsidiaries over to G8.
Another pat on the back for CHGI! Well done

Fresh rumours just out of the oven.. G8 has asked the Singapore High Court for an adjournment of the Main Trial scheduled for 5 to 16 September 2011. Looks like they're beginning to feel the heat! They're obviously not prepared are they? Not a good sign for them..

Wonder what trick they will come up with next?? Nonetheless justice will prevail!

Recent centre inspections

Recent centre inspections carried out by CHGI involving Cherie Hearts centres managed by G8 has revealed shocking findings. G8 has seriously flouted safety and hygiene standards and regulations as stipulated by MCYS (Singapore's governing ministry for child care centres). Sharp objects such as scissors and pins were found well within children's reach. First aid kits contained expired products. Food preparation and centre hygiene standards were seriously compromised. Fire escape routes were strewn with obstacles, not to mention fire escape doors with no keys to open them! Parents' complaints have never been higher. Due to the severity of the above findings, these matters have been escalated to MCYS.

**Up until today, G8 refuses to factor in "Contingent Liabilities" into all of its agreements.