Member Info for Chaebol

Wong tu clan showed the claim exists outside the SPA they dont show proof of the claims Ray, oyu won the venue not the case! just the actual law of confidence and does it exist outside of the SPA.

Its funny you told me they dont require RNS because they never changed the venue, I took a lot of flak for insisting that news be made public, why did they sit on the result for nearly a week?

They didnt even tell us that court started on the 2nd April or they had stay hearing on 14th May to potentially go back to arb, they get the result on 26th May and say nada, they mention 4th June OC and zheng zhu chong have till the 9th to file an appeal. What iof that appeal is already in ? and now they need money for the next 4 months of more nowhere procedure?

We could hit October Novmeber 2026 and after appeal zheng zhu and chong have still not filed a defence lol

Conjecture

But why did GST wait until yday to RNS the stay result from last Tuesday have Zheng Zhu already filed appeals.......and now the real issue is funding the process during the appeals that can take up to 4 months, So they tell you they win stays when they havent said anything for 4 months about the case, the appeal hits and funds are needed, do we get heavy news flow this week?

YOu are partially correct Ray, Under Singapore's strict Rules of Court 2021 (ROC 2021), the judiciary specifically engineered the cost framework to prevent structural manipulation.

https://sso.agc.gov.sg/SL/scja1969-s914-2021

However you have exemptions and other clauses always, the link shows narrow exemptions but oyull probably go on all day about it again.. What makes me laugh is you are raging over costs awards of like 10 sterling.

Serious question if GST had lost the stays on the 26th would you as shareholders expect GST to appeal it ?

Ence,

https://gsmoneyweb.caliber.com.sg/contact.php

Under FAQ’s

Do you have a regulatory license?

We do not have a regulatory license just yet. GS Fintech Ltd is currently applying for an Authorised payment institution (API) license with the FCA Financial Conduct Authority. Electronic Money Institution (EMI) licensing is to be decided.

GS fintech Ltd the dormant company in the Uk is apparently ‘currently applying’ for an API.

However this is an unfinished website on the caliber server, so we do have to take that info with huge pinches of salt. This information was on this site from November last year.

Questions to GST and Tim gain no responses on a GS fintech LTD API app being made.

Month 18 no EMI license, these license do not take this amount of time. News is due on this.

Domain angrafx.com

Registrar GoDaddy.com, LLC

Domain angraglobal.com

Registrar GoDaddy.com, LLC

Neobankers via godaddy lol

Desperate! youre trying to tell me lawyers are charging 1 million for stay apps now lol

Look at you im not conflating anything im just stating the bleeding obvious if it was costs awarded to both parties the other way round it owuld have been more than 18 its 2 differnet parties Ray, but keep going oyu oculd be up to 700 posts in 30 days here just here and you used to rage at me for hitting 450 500 a month.

Id say you need a break Ray, never seen 730 posts in 30 days, and for all that youre at .40 another price you told me it would never go to lol oh the irony x;)

Gnie gnite

Ray the costs would have been more than 18k for sement first of all it was 2 seperate parties and next it was A&G the most expesnive prestigious tier 1 frims in Singapore but you just have to disagree because its me saying it its mad!

Gnite bud !

What am i stating I know ?

Anyone know if they renewed?

https://fintrac-canafe.canada.ca/msb-esm/reg-eng

Based on the registry details you provided, yes, its FINTRAC MSB licence technically reached its listed registration period end date on 31 May 2026.

Because today is 1 June 2026, the data you pulled indicates that the registration has just ended. However, there are a few critical regulatory nuances to keep in mind regarding what this means right now

Why It Might Still Say "Registered"Processing Delays

FINTRAC often takes several days or weeks to update its public database after a renewal package is submitted. If Angra submitted their renewal paperwork prior to 31 May 2026, they remain legally "Registered" in the system while the government processes the update.T

The Grace Period

MSBs in good compliance standing that submit timely renewal applications are typically permitted to continue operating under their existing registration number (M23475402) until a formal approval or denial is rendered

And on you go if theyre buying time it is what it is. What will they pay to buy 4 months of more procedure, if thats the game plan.....and does GST have 4 months of runway without obliterating its SP on a raise ?

Yeh sement 18k cost award I tihnk zheng zhu knew the rough bill if they lost, sements would have been far higher.....

if they had to pay A&G and zheng zhu that could have been quite the sum A&G alone have probably charged 50 60k plus just for these stay hearings and pre prep. Theyvve dodged a bullet, pending potential appeals of course.

The A&G angle never stops amazing me in this case tbh. LEts see how this twist windy road goes im sure it has way more deviations coming.

This is GST after all.

But you didd say this Ray

Its weird Ray when I was saying yday that GST need to RNS this news, whatever the news is, you said to me they dont need to rns the stay dismissal because the venue hasnt changed.

Why is it great now they rns'd it but not great when I said yday they should RNS whatever the result is?

Lol win 18k its a costs award whoppee doo.

I was very surprised, but at least they RNS'd it, this info has been with various individuals since Tuesday and again the RNS was imprecise with the court hearings verdict and very vague. They need dough Ray ! are zheng zhu gambling on time running out for GST and playing procedural patience, its a well known litigative strategy. We will know the game if they appeal.

Its weird Ray when I was saying yday that GST need to RNS this news, whatever the news is, you said to me they dont need to rns the stay dismissal because the venue hasnt changed.

Now they have RNS'd it and the venue hasnt changed nothing much has changed you won procedure battle number 1.

But nownits great theyve RNS'd it I said it owuld be regarded as good news if you won the stay nad it needs to be rns'd but you even disagreed with me on that its mental.

The appeal would be a blow and would be a good tool to use from zheng Zhu. especially if they get stay on proceedings until result of appeal.

Lets see.

You argue that until the 4 June hearing takes place, nobody can know precisely what directions will be given.

In a complex, fluid commercial trial, the substance of future arguments is unknown.

But the procedural steps following a dismissed stay application are entirely predetermined by law.

Under Singapore civil law

The defendants filed SUM 1210/2026 and SUM 1211/2026 instead of a Defence to preserve their arbitration rights.

On 1 June 2026, the RNS confirmed those stays were dismissed.Because the stay failed, the lawsuit is live.

A defendant cannot progress a live High Court action without filing a Defence.

Therefore, the 4 June Case Conference (which was explicitly preserved by the court to handle the next steps if the stay failed) must issue a timeline for the Defence.

To call this an 'assumption masquerading as fact' is like claiming that predicting the sun will rise tomorrow is just a wild guess. It is the mandatory, mechanical next step of the Singapore judicial system.

Am i missing stuff Enki ? What costs have been awarded to Sement in this case?

Janice listened and judged on the stays she has gone now and its back to Sim.

Why Chaebol is Right on Civil Procedure (BFD)

Chaebol states: "Zheng Zhu have not filed a defence yet the court will give a timeline on when that defence needs to be filed..."

This is factually exact under Singapore's Rules of Court 2021

No Defence Filed Yet:

Under Singapore law, filing a substantive Defence constitutes taking a "step in the proceedings," which automatically waives a defendant's right to request a jurisdictional stay. To preserve their rights, the defendants filed Stay Applications instead of a Defence.

The Automatic Next Step

Because the defendants' stay applications were just dismissed on 26 May (and confirmed by RNS today), the clock now officially resets.

The 4 June 2026 Hearing:

The Case Conference listed for 4 June 2026 is the standard procedural mechanism where the Assistant Registrar will issue binding directions. Because the stay was defeated, the very first direction the court will give the defendants is the mandatory timeline to file their formal Defence.

Chaebol's estimated timeline of 3–6 weeks depending on case complexity is standard procedure.

Why Bfdinvestor is Wrong

Bfdinvestor claims that the 4 June direction to the defence "could mean several things, one of which is settle your spurious claim."

The Error: A Singapore High Court Assistant Registrar at a Case Conference does not issue directions telling a defendant to settle a claim because they perceive it as "spurious."

The Procedure: Under Order 9 of the Rules of Court, a Case Conference is strictly for case management.

The registrar's administrative duty on 4 June is to dictate pleadings timelines, document discovery dates, and exchange of affidavits.

Summary Verdict

Chaebol's post relies on objective, black-and-white Singapore High Court rules. The defendants have not filed a Defence yet, and the 4 June Case Conference exists precisely to order them to do so. (Factually Correct)

Bfdinvestor's post injects emotional speculation about "settling spurious claims," fundamentally misinterpreting a routine procedural step as a substantive judgment on the case's merits. (Factually Incorrect)

You think my ego needs tick ups lol

Enki was it in Singapore and near 4.2 million usd ? and been in arb and court for a year ? whats the similarities.

Lost twice, youre funding a 4.2 million writ with huge gaping holes in your balance sheet and lost revenues.

Zheng zhu lost procedure not the case.

Yes BFD because Zheng Zhu have not filed a defence yet the court will give a timeline on when that defence needs to be filed, its usually 3-6 weeks depending on complexity.