Mainboard-listed China Gaoxian, one of the leading suppliers of premium differentiated fine polyester yarn and warp knit fabric in China, says it has today received its listing eligibility for the listing of its Depository Receipts (KDRs) on the Korea Exchange.
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| 15-Dec-2010 22:55 |
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Ref: Taken from SGX news. CHINA GAOXIAN FIBRE FABRIC HOLDINGS LTD.
(
(" (Company Registration No. 200817812K)
(Incorporated in Singapore on 9 September 2008) (1) STATUS UPDATE RELATING TO PROPOSED KRX DUAL LISTING
(A) SUBMISSION OF REGISTRATION STATEMENTS
(B) ENTRY INTO PLACEMENT AND UNDERWRITING AGREEMENT
(2) DECLARATION OF INTERIM DIVIDEND Reference is made to the Company's announcement on 10 December 2010 ("
capitalised terms used herein, unless otherwise defined, shall have the meanings ascribed in the
Announcement. (1) STATUS UPDATES RELATING TO PROPOSED KRX DUAL LISTING (A) Submission of Registration Statements
The Company has today submitted its Depository Receipts registration statement and securities
registration statement to the Korean Financial Securities Commission.
(B) Preliminary Placement and Underwriting Agreement
The Company has also today entered into a preliminary placement and underwriting agreement
with Daewoo Securities Co., Ltd (
����
(HMC
Depository Receipts to be traded on the KRX KOSPI Market ("
would further highlight the following salient terms under the Agreement: (i) New Shares 20 New Shares will underlie each Depository Receipt, and the Company will issue and
allot up to an aggregate 600,000,000 New Shares underlying the 30,000,000 Depository
Receipts. (ii) Investors The Depository Receipts is expected to be offered to public investors and institutional
investors in Korea, in the proportions 20% and 80%, respectively. (iii) Offering Period The public offering period for the Depository Receipts is expected to take place in or
about January 2011. (iv) Final Issue Price The final issue price will only be determined subsequent to the book building and pricing
exercise in accordance with Korean laws and regulations. The final issue price will be
determined mutually between the Company and the underwriters. Subsequent to
determination of the final issue price, the Company and the underwriters will enter into a
final placement and underwriting agreement prior to commencement of the Depository
Receipts offer to the Korean public. Page 2 (2) DECLARATION OF INTERIM DIVIDEND, NOTICE OF BOOKS CLOSURE DATE AND DATE
PAYABLE The Company is pleased to announce an interim dividend of
share (tax-exempt one-tier) ("
The Interim Dividend is made in anticipation of the KRX Dual Listing, and is intended to reward
existing Shareholders. New Shares to be issued pursuant to the KRX Dual Listing will not be
entitled to participate in the Interim Dividend. For the avoidance of doubt, the Interim Dividend is
not an indication of the performance of the Group for the financial year ending 31 December 2010.
Shareholders should refer to the full year financial results announcement of the Company to be
released in due course in this regard.
The Register of Transfer and Register of Members of the Company will be closed on
2011
the Interim Dividend. The Interim Dividend is expected to be paid to Shareholders on 24 January
2011.
Shareholders whose securities accounts with the CDP are credited with Shares as at 5.00 p.m on
11 January 2011 will be entitled to the Interim Dividend. Duly completed registrable transfers in
respect of the Shares received up to the close of business by 5.00 p.m. on 11 January 2011 by
the Company's Share Registrar, Tricor Barbinder Share Registration Services at 8 Cross Street,
#11-00 PWC Building, Singapore 048424, will be registered before entitlements to the Interim
Dividend are determined.
The Company will make further announcements in due course to update Shareholders as appropriate. The Company would remind Shareholders to note the following:
(1) The proposed Dual Listing may still not materialise, for reasons including unfavourable
market conditions, adverse investors' sentiments or KRX withdrawal of the listing
eligibility etc.
(2) Shareholders and other investors are advised to exercise caution when dealing in the
Shares, and should consult their stockbrokers, bank managers, solicitors, accountants or
other professional advisers accordingly. BY ORDER OF THE BOARD Cao Xiangbin
Executive Chairman and Chief Executive Officer
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| 15-Dec-2010 22:38 |
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China Gaoxian Receives Approval For Korea Listing
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| 15-Dec-2010 21:08 |
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YES! Finally I can rejoice ^.^ (but you have said so many times you are leaving this thread... so this is another FAKE call) There has been too much clog with the predictions... from the "wise" old man PS: fyi, if you have called people here "names", that they are blind, need to see doctor, little boy and the 4 letter word *SH**, please have the decency to own up. Respect is not an obligation. Its a priviledge given to those who earns it. |
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| 15-Dec-2010 15:00 |
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Yo fren, seriously just ignore him. You know the saying "If you cannot beat them, confuse them" and also "saying the grape is sour when you cannot eat them"? That's exactly his tactics here. Don't lose focus, being caught in his trap of confusing and antagonizing people. After many weeks of his postings, you'll realise how "wise" he is. The final straw for me to ignore him was when he start trying to get our attention , calling people blind, asking people see doc and calling others names. sigh.. too bad the admin not here to ban such people.
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| 14-Dec-2010 20:45 |
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I have already posted here . beware of Bon. Don't bother even reply him.. but you guys still entertaining him .. don't you see he is just trying to get your attention? We can use our efforts for better means.
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| 14-Dec-2010 17:11 |
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Closing at 34c. Well done +2c from previous close. I see more peeps have login to view this thread as well.
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| 14-Dec-2010 10:34 |
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Attn: BEWARE of Bon3260. Now he's calling others blind ^.^ I don't know what other names he will call the other forumers in other threads.. but this guy has been posting fake predictions with no basis. For more info and evidence of his postings, look at the history.
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| 14-Dec-2010 09:29 |
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LOL , now put disclaimer liao.. say your predictions doesnt' matter. Then you should NOT POST at all! just keep your fingers tied and don't succumb to even telling others what you cannot even find a basis on. Misleading those who are new here by posting those messages makes you even less credible then before, not to mentioned all the weeks before of postings your predictions allnever came true ...
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| 13-Dec-2010 20:32 |
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To add on, all textile coys are in KRX performing v. well. GX is still performing at v. low PE. Lots of room to catch up . After listing in KRX, expect px to go up.. TREMENDOUSLY there. So what would investors/traders do? Buy here low sell higher there. GX listing in SGX during its IPO px of 25c was during the financial crisis. A lot of info has already been posted on this, so those who are not well informed, i can see you are heading no where. And what happens when more investors buy and bring the share px up? Isn't that good for the coy to see its share px up? lol thats for you to know and find out more :)
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| 13-Dec-2010 16:51 |
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Are you serious you are 64? or 10? (6+4) I am going to buy some crabs tomorrow, or maybe the following day.. I shall post my sm predictions later too?
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| 13-Dec-2010 16:46 |
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| 16:37:55 | 0.310 | 773,000 | Buy Up | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 16:37:54 | 0.310 | 1,000,000 | Buy Up | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
medivh ( Date: 13-Dec-2010 16:11) Posted:
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Bon,
you still haven't got your predictions all accurate since 2 weeks ago. You posted all the figures every day that didn't even meet the correct targets you've set. Its a wonder when you say you don't have GX and have a cool head ^^
You made so many predictions about the coming week (which is this week) being all cautious as well and telling ppl to sell at 27.5 c etc...
anyway I agree with Zhixuen.. just need to ignore you for the time being.
Bon3260 ( Date: 13-Dec-2010 16:18) Posted:
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An investor will have a clear head..Every investor should have a px target to sell/buy
Instead those who are thinking of in out fast will lose their cool heads ^^. Cause they see the screen till their eyes all going in circles
*fake queue* Sell volume seen here at GX. 4K lots haha..
Bon3260 ( Date: 13-Dec-2010 16:02) Posted:
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hahaha Now you know whose side they are on.. *All men for themselves*
Bulls vs. Bears.
Anyway, based on the marriage deal. We will still some upside for now..
zhixuen ( Date: 13-Dec-2010 15:19) Posted:
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To those bros and sis who held on till now
Good job ^.^
Those who short today .. a pity.. poor judgement. learn from your mstakes. I've learnt my sometime ago...
medivh ( Date: 11-Dec-2010 16:12) Posted:
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So those who say black candle, chart not good... will fall below 28 or 27.5c.. please relook now..
| 14:02:35 | 0.300 | 335,000 | Buy Up |
| 14:02:30 | 0.300 | 20,000 | Buy Up |
| 14:02:29 | 0.300 | 30,000 | Buy Up |
| 14:02:26 | 0.300 | 128,000 | Sell Down |
| 14:02:23 | 0.300 | 452,000 | Buy Up |
| 14:02:22 | 0.300 | 100,000 | Buy Up |
| 14:02:21 | 0.300 | 180,000 | Buy Up |
| 14:02:21 | 0.300 | 50,000 | Buy Up |
| 14:02:20 | 0.300 | 1,000,000 | Buy Up |
| 14:02:18 | 0.300 | 50,000 | Buy Up |
| 14:02:16 | 0.300 | 50,000 | Buy Up |
| 14:02:16 | 0.300 | 100,000 | Buy Up |
| 14:02:12 | 0.300 | 100,000 | Buy Up |
| 14:02:07 | 0.300 | 1,000,000 | Buy Up |
| 14:01:52 | 0.300 | 1,000,000 | Buy Up |
Where ARE THE Bullets coming from? :)
medivh ( Date: 13-Dec-2010 13:59) Posted:
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Last week also got people say chart not good, black candle stick, RSI too crappy blah blah..
Price still hovering around here. Consolidating IMO.
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FYI those who haven't catchup on this thread
| 09:29:08 | 0.295 | 2,000,000 | X |
| 09:27:59 | 0.290 | 13,000 | Sell Down |
| 09:26:54 | 0.290 | 10,000 | Sell Down |
The marriage deals are getting higher.. will cross 30c :)
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Quoting on my post few weeks back...about 30c and higher
And those wishing they had bought when it was 20c or even 23c, sorry to say this, the boat has left...
medivh ( Date: 02-Dec-2010 10:49) Posted:
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V. good. Now hopefully monday will open up ^.
With DJ overnight having trade deficit gap narrowing and index also up, the coming week is a good week.
Good thing I still holding on to the shares and didn't listen to those who say sell on Friday's trade. *remember trade at your own risk*
bsiong ( Date: 11-Dec-2010 13:29) Posted:
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