Suen Sze Man

Alliance Mineral Assets former CEO and wife demand 7.5 mil compensation shares
SINGAPORE (Aug 20): Former CEO Tjandra Pramoko and wife and executive director Suen Sze Man are asking Alliance Mineral Assets to issue 3.75 million shares to each as compensation for services rendered in their previous appointments. See: Alliance Mineral Assets shares edge lower on share compensation announcement See also: Alliance Mineral Assets CEO Pramoko and wife sacked Alliance ...
Pramoko and wife no longer substantial shareholders in Alliance Mineral Assets
SINGAPORE (June 4): Alliance Mineral Assets reported that former CEO Tjandra Adi Pramoko and wife Suen Sze Man are no longer substantial shareholders in the company. This comes after Living Waters Mining Australia on Friday sold 37 million Alliance Mineral shares in an off-market transaction for $12.58 million, thus reducing its stake from 5.87% to 0.02% or 104,574 shares. The average selling ...
Alliance Mineral Assets shares edge lower on share compensation announcement
SINGAPORE (Apr 17): Shares in Alliance Mineral Assets edged lower this morning after announcing on Monday night it plans to issue 13.25 million new shares valued at nearly $4.9 million to certain directors and executives including former CEO Tjandra Pramoko and wife and executive director Suen Sze Man who were both asked to step down earlier. The value of the shares was based on last Friday's ...
CEO of Alliance Mineral Pramoko and wife to remain largest shareholders on dispute settlement
SINGAPORE (Aug 15): CEO Tjandra Pramoko and his wife Suen Sze Man would still remain the largest shareholders of Alliance Mineral Assets -- albeit with a smaller stake -- if their dispute with Jonathan Lim Keng Hock has been settled as claimed. In an open letter to shareholders which was released by Alliance Mineral in a filing on Monday night, Pramoko says “there is no longer any dispute” ...
CEO of Alliance Mineral Pramoko says dispute settled, but what happened to the 72.3 mil shares?
SINGAPORE (Aug 14): Tjandra Pramoko, the CEO of Alliance Mineral Assets, says “there is no longer any dispute” between Living Waters Mining Australia and himself regarding Jonathan Lim and Grande Pacific’s interest in Alliance Mineral shares. “Any previous dispute(s) have now been settled pursuant to the terms of the Settlement Agreement on 25 April 2017,” says Pramoko in his open ...
Will ARA Asset Management CEO John Lim’s next prediction come true?
SINGAPORE (July 21): One of John Lim’s key predictions was that demand for Grade-A offices in Singapore would not crack despite surging supply. Since then, the new supply has been quickly soaked up and many commercial property market watchers are now predicting that office rents will rise over the next couple of years. Lim had also said emphatically that shares in his ARA Asset Management ...
What’s going on at Alliance Mineral Assets?
SINGAPORE (July 14): Shares in tantalum mining company Alliance Mineral Assets (AMA) were suspended from trading this morning as the company said it needed more time to release an update on its Bald Hill Project. This comes amid a dispute over an informal joint-venture agreement made eight years ago, which has cast a pall of uncertainty over the ownership of AMA. It all began when a major ...
Alliance Mineral Assets now says ‘married deal’ was ‘settlement agreement’
SINGAPORE (July 11): Alliance Mineral Assets on Monday night released more details regarding the “married deal” described in its change in interest announcement which was filed on June 17. AMA says the 46.07 million of the company’s shares transferred to Grande Pacific by Living Waters Mining Australia (LWMA) on June 16 was made under a settlement agreement. LWMA is an entity used by ...
Alliance Mineral’s CEO Pramoko says will pay Lim 'within two weeks' to free up seized shares
SINGAPORE (July 10): Tjandra Pramoko, CEO of Alliance Mineral Assets (AMA), says he will pay the $7 million due to Jonathan Lim Keng Hock within the next two weeks. This should free up the AMA shares held on June 30 following a writ of seizure ordered by the courts as part of the settlement agreement reached on April 25 between Pramoko and Lim. As Lim had told The Edge Singapore in an ...
Alliance Mineral Assets CEO’s shares seized on court order as part of claim by Jonathan Lim Keng Hock
SINGAPORE (July 10): Shares amounting to a 15% stake in Alliance Mineral Assets (AMA), whose deemed owners are CEO Tjandra Pramoko and his wife Suen Sze Man, had been seized on June 30 on a Singapore court order, said the company on Monday before the market opening. According to court documents, these 72.3 million shares were seized as part of a claim made by Singapore businessman Jonathan Lim ...