SGX:AWM - Shanghai Turbo Enterprises Ltd Shanghai Turbo
Sector: Industrials, Industry: Industrial Machinery
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Shanghai Turbo: Requisition Letter Confirmed Invalid.

13 Nov 2017 - ShareInvestor Express
After receipt of the requisition letter, which was allegedly issued by Liu Ming, formerly an Executive Director and CEO of Shanghai Turbo Enterprises Ltd, the Company has sought legal advices and written confirmations from the relevant parties concerned. As a result, the Company hereby confirms that ...
sgx:awm

Shanghai Turbo: Seeking Legal Advice On Requisition Letter.

26 Oct 2017 - ShareInvestor Express
Shanghai Turbo Enterprises Ltd received a requisition letter on 20 October 2017 at 1.10 pm, purportedly from Mr Liu Ming, former Executive Director of the Company, requisitioning an Extraordinary General Meeting to remove the entire Board and to replace with three ex-directors of the Company, Mr Huang ...
sgx:awm

Shanghai Turbo regains control of factory premises after 5-month impasse

21 Sep 2017 - Business Times Breaking News
PRECISION engineering group Shanghai Turbo Enterprises on Thursday updated that after the assault incident on a group of people - including its director Raymond Lim and CEO of subsidiary Changzhou 3D Technological Complete Set Equipment Zhang Rong - on Wednesday morning, the local government and police ...
sgx:awm

Shanghai Turbo: Regains Control Of Factory Premises.

21 Sep 2017 - ShareInvestor Express
Shanghai Turbo Enterprises Ltd is pleased to announce that the impasse, which lasted more than five months, has finally ended. The management of Changzhou 3D is taking stock of the production machinery and inventory, as well as documentary records. Some 50 employees have also returned to their work stations...
sgx:awm

Shanghai Turbo: Report Of Physical Assault By Former Personnel At Factory Premises.

21 Sep 2017 - ShareInvestor Express
Mr Raymond Lim Sian Heong, Independent Non-Executive Director of Shanghai Turbo Enterprises Ltd, and Mr Zhang Rong, Chief Executive Officer of Changzhou 3D, and three of their entourage were assaulted with plastic batons by the associates of Mr Liu Ming, former Executive Director of the Company, when ...
sgx:awm

Management fight erupts at Shanghai Turbo Enterprises' China factory

21 Sep 2017 - Business Times Breaking News
THINGS have come to a head at Singapore-listed Shanghai Turbo Enterprises following an alleged assault on the new management team of a subsidiary by a former executive director.In a filing to the bourse operator on Wednesday, the company said associates of former executive director Liu Ming hit independent ...
sgx:awm

Shanghai Turbo: Commences Legal Proceedings.

27 Jun 2017 - ShareInvestor Express
Shanghai Turbo Enterprises Ltd has issued a Writ of Summons against Liu Ming, former Executive Director of the Company, via Bernard & Rada Law Corp. The latest move is part of the Group's overall strategy to facilitate the handover of operations to the New Management of Changzhou 3D Technological Complete ...
sgx:awm

Shanghai Turbo: Temporary Stoppage Of Operations.

6 Jun 2017 - ShareInvestor Express
As part of the ongoing management changeover process, Shanghai Turbo Enterprises Ltd's operating subsidiary, Changzhou 3D Technological Complete Set Equipment Co., Limited, will temporarily stop business operations with effect from 7 June 2017...
sgx:awm

Shanghai Turbo: Continues To Face Challenging Conditions.

12 May 2017 - ShareInvestor Express
Shanghai Turbo Enterprises Ltd. eked out a small net profit of RMB 0.4 million for the three months ended 31 March 2017, with revenue and margins both affected by highly challenging market conditions...
sgx:awm

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