SIM TECHNOLOGY GROUP LIMITED 晨訊科技集團有限公司

Sim Tech (2000) punts RMB40m on entrusted loan products, intends to do more
Company announcement, 23-Apr-2013
Appalling behaviour alert! If a listed company starts punting its spare cash on "entrusted loans", then you shouldn't trust it with your money. Surplus funds should be returned to shareholders, not lent to the shadow banking system.
SIM Technology (2000) goes roaming from core business
Company announcement, 26-Apr-2010
The mobile phone designer buys a plot of land in Shenyang for RMB85.6m, plans to develop commercial and residential properties, fails to state what the development cost will be, but says that this is "in line with the non-core business investment strategy of the Group". Apparently, they have a strategy for non-core business - who knew? Oh and by the way, this should have been announced 4 months ago.

Sign up for our free newsletter

Recommend Webb-site to a friend

Copyright & disclaimer, Privacy policy

Back to top