Author: Mak Yuen Teen

JLJ name change not end of saga

IN August 2010, I published the first of two commentaries on JLJ Holdings, a Catalist company which was embroiled in a bribery scandal (“Apple case throws spotlight on corruption”, BT Aug 26, 2010). The scandal involved Andrew Ang, a former business development manager of JLJ’s wholly owned subsidiary, Jin Li Mould Manufacturing, who was accused of bribing an Apple global supply manager, Paul Devine. Ang has since disappeared and Devine has been indicted in the United States.

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The ABC of a corporate collapse

In the light of criticism of Olam’s way of doing business, it’s useful to revisit what happened to an Australian company

Fair dinkum: To avoid suffering the same fate as ABC Learning, Olam must use the new funds it has obtained to improve its operations, business model, strategies, capital structure and governance.

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Further questions in Apple bribery case

JLJ Holdings shareholders need to know their company’s chances of keeping Apple as a customer.

Need for more transparency: At the JLJ’s EGM tomorrow, shareholders ought to ask a lot more questions about the Apple bribery case and the potential impact on the company. They deserve a lot more answers than what the company has given so far…

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