Kingsmen Creatives said that its subsidiary Kingsmen Exhibits has resolved a dispute with Chasen Holdings' subsidiary Hup Lian Engineering. Hup Lian had sought to claim as much as $10.39mil but Kingsmen Exhibits settled for a fraction of the sum, not exceeding $1mil. The sum had been fully provided for in the company's financial statements as at Dec 31, 2012, so it will not have a material impact on earnings orNTA pershare this year.
Source: The Business Times / Bloomberg / Straits Times
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....