Again On Yung Kong Galvanised Steel's Quoted Investments.
Friday, May 8, 2009
Posted last Thursday, August 14, 2008, Listed Companies Investments: Yung Kong Galvanised Steel
Yung Kong announced its earnings just now. It lost some 6.2 million. However, I was more interested to see their quoted investments again.
Well total investments at cost was 42.2 million.
Total investments based at market value was 16.185 million.
Ahem.. paper loss of 26.015 million.
And again I repeat my issue as posted in Listed Companies Investments: Yung Kong Galvanised Steel
Firstly, don't you think that Yung Kong should give up its so-called unknown investments?
Secondly, don't you think there should be more transparency here and that it's only right that Yung Kong disclose exact information on their investments?
How?
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