Tuesday, December 12, 2006

According to A Source..

On the weekend, there was this article on Star Bizweek: Dialog Group to list unit in Singapore Stock Exchange

  • OIL and gas player Dialog Group Bhd is planning to list one of its units on the Singapore Stock Exchange. The plan, if it materialises, may involve a sweet surprise for shareholders as the group may distribute special share dividends in the Singapore-listed unit.

    “The plans are looking good. The listing is likely to be pursued,” says
    a source close to the group.

IF it materialise. IF.

Says a SOURCE close to the group!

And guess who wrote such nonsense yet again?

One guess!

Yup. Jose Barrock!

Jose who?

This Jose..

http://whereiszemoola.blogspot.com/2006/12/zero-integrity-from-our-financial-press.html

http://whereiszemoola.blogspot.com/2006/12/where-is-integrity-of-our-financial.html

  • Subject : ARTICLE ENTITLED : "LISTING ABROAD"

    Contents :

    We refer to the query letter from Bursa Malaysia Securities Berhad ("Bursa Securities") to Dialog Group Berhad ("Dialog" or "the Company") dated 11 December 2006 on the news article that appeared on 9 December 2006 on page BW3 in the Bizweek section of The Star, which states that "…Dialog Group Bhd is planning to list one of its units on the Singapore Stock Exchange. " and "…the group may distribute special share dividends in the Singapore-listed unit.".

    We wish to clarify that in line with its business expansion regionally and globally, Dialog has continuously explore various options to fund these expansion. However, at this point in time, the Board of Directors has not made any decision in regards to a listing of any one of its subsidiaries on any stock exchange nor has appointed any consultant or adviser.

    As a responsible corporation, Dialog will make the appropriate announcement to Bursa Securities if there is any such development that requires an announcement to be made.


    Query Letter content :
    We refer to the above news article appearing in The Star, Bizweek, Page BW3,
    Saturday, 9 December 2006, a c

How?

Same nonsense!

The writer pulls a source out of thin air and writes stories, creative stories based on these sources.

Do these sources even exist?

And time after time, the plc involved has to divert their attention from their daily business operations to answer to querries based on one man's incredible sources.

Oh, are they doing their own very bit to promote the stock market in the most creative manner?

But....

For who?

Sigh!


0 comments: