UPDATE 1-SembCorp Marine seeks court help on BNP paymenthohoho... another forex trader bites the dust...
Tue Nov 27, 2007 2:36am EST
SINGAPORE, Nov 27 (Reuters) - Singapore rig-builder SembCorp Marine (SCMN.SI: Quote, Profile, Research) is seeking a court injunction to stop France's biggest bank BNP Paribas (BNPP.PA: Quote, Profile, Research) from demanding a payment of $50.7 million from its subsidiary for currency trades.
BNP Paribas told a court in Singapore it would not file an application to wind up SembMarine's subsidiary Jurong Shipyard until the court has heard the case from SembMarine, the rig-builder said in a statement on Tuesday.
The case will be heard around January 14. BNP Paribas declined to comment.
SembMarine has said it lost $303 million due to alleged unauthorised currency trades by its former finance chief, the biggest trading loss in Singapore since 2004 when China Aviation Oil (CNAO.SI: Quote, Profile, Research) lost $550 million in botched bets on oil prices.
no wor . . .Originally posted by AndrewPKYap:I thot you said, "stop feeding the troll"?![]()
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Not referring to me ah? OWN GOAL!....
... referring to yourself? another OWN GOAL!....
and I say "some people" hor, because some people, unlike you can get awards without reference to family income ... another OWN GOAL!....![]()
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I better stop before "some people" accuse me of bully kit chit...
bye...![]()
Originally posted by AndrewPKYap:in usual Andrew fashion, he picks out a newsarticle describing a "forex trader" who has no mandate to trade in the forex and uses it to justify why forex traders fail.
hohoho... another forex trader bites the dust...
... it is just that you don't get to hear of it... but this sort of things happens daily but because the losses are on a smaller scale, it never gets reported... [b]Gambling, like forex trading, never pays.... [/b]
Originally posted by AndrewPKYap:seems like typical Andrew day.
[b]EVERYONE PLEASE STOP FEEDING TROLLS....![]()
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OK I have identified 3 trolls for you guys... let the trolls suck each other... until they dry up...
In the meantime enjoy their porn performance...[/b]
Originally posted by AndrewPKYap:... so are you guys enjoying their porn performance? a bit sick but that is as good as it gets from low class performers ...
[b]EVERYONE PLEASE STOP FEEDING TROLLS....![]()
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OK I have identified 3 trolls for you guys... let the trolls suck each other... until they dry up...
In the meantime enjoy their porn performance...[/b]
Originally posted by hloc:AnyoneMore than $10 bucks.....


We must help Mr Yap on his book sale meh...... if not end up under the bargain bin how......Originally posted by newcomer:$10 bucks! I'll throw in a sweet wrapers!
P.S. Sorry ah, don't see why i should pay a cent more...

Originally posted by beggarchief:CAN SOMEONE SUMMARISE THE CONTENT OF THE BOOK AND PUT IT HERE FOR BEGGAR TO READ?
ENGLISH AS SIMPLE AS POSSIBLE AND SUMMARY AS SHORT AS POSSIBLE.
BEGGAR IS PAYING FOR THE SERVICE:
MONEY IN THE BAG IS ENOUGH FOR ANYONE TO GAMBLE 3 DAYS 3 NIGHTS IN GENTING AND LIVE LIKE A KING.
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