take care of that tree during F1Mr John Lee, Executive Chairman of water treatment company Dayen Environmental, has to sell its own company shares to meet margin call when Dayen's shares dropped by more than 30% in one day.
This has led me to ask a few questions:-
- Are people in management of public listed companies in Singapore in such precarious financial position? Or are they just the minority?
- There is a conflict of interest when a senior official of a public listed company geared up and purchased shares of the company he/she is working in. I noticed that purchases of shares of such nature has to be declared. It would be good to summarise such info on the nature of their respective shareholdings for investors to review.
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