I received news from friends in Jinjiang and Xiamen, Fujian that Eratat Chairman has gone missing in Fujian. I cannot verify the truth in this matter. It is down to you whether you believe or not. The latest scandal to Fujian companies listed in Singapore.
To think that SIAS actually gave them an award for corporate governance back in November.
Lunar New Year is the best time for Chinese bosses to go missing as there is a lengthy time lag before the factory starts work and people discovered the truth.