Thanks for posting Handy777. An informative post as compared to...

Thanks for posting Handy777. An informative post as compared to the standard drivel on these RFT threads.

So according to my research, the Executive Chairman & non executive Director of the company Yingwing Wang is associated with PUDU.

From what we can see, PUDU & other large shareholders (possibly Yung shing) and others have got together to oppose certain resolutions at the AGM. This has clearly led to the resignation of the relevant directors and CEO who have seen the writing on the wall.

What we as SHs should be concerned about at this juncture is what PUDU & the other large shareholders have in store for the company. Further, If the directors that have resigned are gone for good, does that affect the other production staff/workers, estimated to be over 100? Will these directors sell
all of their shares in the company? That would be disastrous for the company. Will Wang (PUDU & others) try to run/operate the company as is after the installation of a new board??

Lots of questions and hardly a favorable time
in the company's 30 year history. Unfortunately, there's not a lot we small retail holders can do
about it so it's a waiting game.

DYOR & AIMHO