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Technology Stocks : TSI TelSys Corporation - Satellite communications

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To: majorsamols who wrote (233)3/12/2000 5:20:00 PM
From: majorsamols  Read Replies (1) of 241
 
TSI Director, CFO Sevigny with Abrar as well...

Unbelievable that I don't read anything about this on these boards. These people are in quicksand up to their eyeballs. Last article I posted spoke about the numerous "schemes" to defraud investors perpetrated by Abrar Global Asset Managers (an affiliate of Arbrar Group) and TSI's Sevigny was their "Chief Investment Officer". Check the dates from the articles in the Malaysian papers posted earlier.

Anyone offering additional illumination, please post. I frankly was looking to invest at one time, but the DD points to a real mine field.

Copyright 1998 Canada NewsWire Ltd.
Canada NewsWire

June 1, 1998, Monday

SECTION: Financial News

LENGTH: 699 words

HEADLINE: TSI TELSYS NAMES NEW PRESIDENT/CEO AND CFO

DATELINE: COLUMBIA, Md., June 1

BODY:
TSI TelSys (Montreal: TSI.) announced today
that it has named Joseph T. "Jay" Pisula, 56, as its President and Chief Executive Officer and Mr. Paul R. Sevigny, 42, as its Chief Financial Officer.

Mr. Sevigny has been a director of TSI TelSys Corporation since January 1998 and for the past two years he was the Chief Investment Officer of Abrar Global Asset Managers, an affiliate of Abrar Group International Sdn. Bhd., TSI TelSys' majority shareholder. Earlier, Mr. Sevigny was an Associate Director at Morgan Grenfell Asia Holdings (now Deutsche Morgan Grenfell Asia Holdings) in Singapore and held various other financial positions during a
decade of work in Asia. Mr. Sevigny is a Chartered Financial Analyst (C.F.A.) and holds a Master's degree in economics from Queen's University and a Bachelor's degree in economics from Carleton University.
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