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Retiring Moderators by ...... Laserjet announcement I would like to announce the retirement of the following moderators. The MCF Admin team sincerely thanks them for their work and contribution to the forum in the years as moderators. We hope that they will continue to contribute to MCF in the status of a member. Yeoman Ace_t Sparrowgem Thinkster Yc86 Genie47 Moeykf hey, Laserjet, how about retiring yourself lets inject new blood into the admin and moderators

http://www.asiaone.com/News/Latest%2BNews/...227-318436.html I agree! Because their brain very Fresh as it was not used for so long!

It's a good move....... one more leaving SG Jackspeed founder to retire in US Jonathan Kwok 16 December 2010 Straits Times Major share sale earlier that went unexplained had raised eyebrows THE founder of Jackspeed Corp has finally disclosed why he offloaded most of his shares in the firm early this month - he is retiring and heading to the United States to be near his son. Mr Jackson Liew Ham Chow, 52, told The Straits Times on Tuesday that he had already been planning to retire and sell his stock 'for a long time'. 'I think I need to migrate. My son is in America and I want to move to be with him and his family.' He stunned many in the market when he sold almost all his Jackspeed shares in a married deal to Mr Cheng Kwee Kiang on Dec 2 but without giving the Singapore Exchange (SGX) any explanation. It also raised some eyebrows. While a major investor is not required to explain why he is selling a large stake, many do so to allay any market fears over the health of the firm. Mr Liew's transaction was certainly one to make the market sit up and take notice. He sold about 48 million shares - or about 23 per cent of Jackspeed - while retaining about 5.5 per cent of the firm, which makes leather finishings for cars, boats and planes. The deal itself was announced on the SGX website, but the sale price was not. Jackspeed shares closed unchanged at 10 cents that day, so Mr Liew could have reaped about $4.8 million. Mr Liew, who remains executive chairman, said on Tuesday that Mr Cheng was a friend and it was the first time he had bought Jackspeed shares. The thinly traded counter was unchanged at 10 cents in the days after the transaction and inched up half a cent to 10.5 cents on Tuesday. The price may have stayed steady because Mr Liew had told most major shareholders 'a few months back' that he intended to sell. Jackspeed staff and directors were also told about two years ago of his retirement plans, said Mr Liew. Mr Liew stepped down as chief executive on Aug 1 last year and was replaced by Mr Neo Gim Kiong, according to Jackspeed's latest annual report. Mr Neo is the founding director of financial advisory firm Dollar Tree and was executive director at Jackspeed from 2001 to 2004. Mr Liew said on Tuesday that he might step down as executive chairman 'maybe six months later'. He added that he has a wait-and-see attitude towards whether to sell the rest of his Jackspeed shares. Mr Cheng, who bought Mr Liew's shares, has been increasing his Jackspeed stake. He now owns 27.88 per cent of the firm, after three transactions last week, according to an SGX filing. Jackspeed has production facilities in Singapore, Malaysia and Thailand. It made a loss of about $3 million for the year ended in February, after the economic crisis affected car sales. Observers question whether Mr Liew telling some majority shareholders that he intended to sell shares some months ago constituted material information that should have been announced to the market at that time. Mr Robson Lee, a corporate lawyer and partner at Shook Lin and Bok, said that with Mr Liew 'slowly divesting' after relinquishing his CEO position around a year ago, 'there is no need to think so much about it'. 'The rules were adhered to, because when (Mr Liew) relinquished his CEO position and when he sold the shares, he told the market. 'Obviously he has his reasons for selling his shares, and I won't think too much of his reasons.' National University of Singapore professor Mak Yuen Teen, who monitors corporate governance issues, did not think having directors disclose the reasons for their sales added much value. But Mr David Gerald, president and chief executive of the Securities Investors Association of Singapore, said it is 'always good' for substantial shareholders to disclose the reasons for their sales, or make a statement to allay the fears of minority shareholders. 'One must look not only at the bare requirements of the law but should act (also) in the interest of the shareholders, especially the minorities,' he added.

Hi all , Will you consider retiring in JB even though it is not as safe ? Regards

anybody got any advice on retiring in malaysia especially in Penang please do kindly provide your perspective thanks

The baby faced assasin and super sub has decided to call it a day as a footballer.. let's all pay tribute to one of the greatest players in Man Utd's history..

Dear Skodians and Octy Kakis, My loyal 2001 Skoda Octavia will finally be traded in for a Toyota Camry this coming Friday. The Greenie-Octy has served me well over the last 5+ years and has 'suffered' the most abusive environmental damage in its initial years. Well, that's because I used to work in Jurong and near the sand-blasting shipyards. Although the car has moved indoors for the past 2+ years, I can still see the scars of scratches, dings and dents. The hardworking transporter will be remembered and missed . Even my wife (who has taken over the car and used it almost daily to send and fetch my kids to and fro the baby-sitter's place) said that it is an extremely sturdy car and she has enjoyed driving it. Now, she has to get use to driving my current Hyundai Matrix. Adios to a very good friend! I will miss the Octy... Flight_skoda With a Photo of the Car filled with fond memories. (2nd car on the left of the photo.) [inline SOG-10.jpg]