AGM Review, page-38

What accusations? It's all in the "Company Update with Sunbridge Managing Director Mr Xu Jia Yin".

5. Your recent announcement referenced potential acquisitions. What sort of businesses is the company assessing?
This year will be an important one for Sunbridge, and as previously communicated to shareholders, acquisition driven growth is very much on our radar – now is the right time to further capitalise on the solid profit base we have established from our current operations. Sunbridge is a prudent and well managed company and we have a track record of success in the menswear sector. Our operations are geared toward this demographic so similar bolt ons are our first priority. Of course China is the first market where we are looking to expand but we are also considering opportunities in international markets. So we are looking at a number of opportunities, but what I can say is that any acquisition must make an immediate contribution to earnings and have the same growth potential as our existing operations, otherwise they do not make sense. Having a well defined acquisition criteria is important.

Did he mention anything about potential acquisitions? Based on what Mdawg said it was just more buy backs and increased R&D spend?