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China New Town Development
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Flyordie
Veteran |
17-Jan-2013 11:49
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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Yes, but extendable? | |||||||
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StVier
Member |
17-Jan-2013 11:45
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According to SGX rules: 'A Trading Halt is a short term trading stoppage requested by an issuer to disclose material information. It is generally requested for a minimum of 30 minutes to a maximum of three market days.   When a Trading Halt is being lifted, a stock will enter into the phase that the market is then in.' So... today is the last day allowed?  |
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Flyordie
Veteran |
17-Jan-2013 11:34
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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The longer time they take to lift the halt, it is more hopeless we are. | |||||||
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guoyanyunyan
Elite |
17-Jan-2013 11:25
Yells: "uncertainty always exist" |
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  may be quite deep inside, need to be a bit more patience.   |
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happyharvest
Senior |
17-Jan-2013 11:07
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This is crazy. Up till now stil no rls news. Lol | |||||||
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StVier
Member |
17-Jan-2013 08:48
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Hmm... but isn't that only the first stage of the distribution, with the second stage being:   'As the Relevant Shares are currently held by Sinopower, upon passing of the ordinary resolution at the special general meeting of SRE approving the SRE Distribution, Sinopower will implement the Sinopower Distribution whereby all the Relevant Shares will be distributed to SRE. After the Relevant Shares have been transferred to SRE, SRE will then implement the SRE Distribution.' That's assuming that 'Mr. Shi Jian, a Director, is deemed interested in the 2,658,781,817 Shares held by Sinopower as of the date of this announcement, will be deemed interested in the 2,658,781,817 Shares which will be held by SRE immediately after completion of the Sinopower Distribution, and will be deemed interested in the 1,468,356,862 Shares which will be held by SREI immediately after completion of the SRE Distribution.' has not taken place? In which said Director would either buy all the shares held by Sinopower, in which then there would be no distribution of '1.408075 Shares for every 3 shares held in SRE', or said Director purchases a portion of those shares and the rest gets distributed to the other shareholders.   Not sure if I'm reading it correctly though. 
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happyharvest
Senior |
17-Jan-2013 02:48
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Hi Kelvin,   Please ignore my previous comment. I think I misread your comment. Also I cannot find the edit function.. 
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happyharvest
Senior |
17-Jan-2013 02:36
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Hi Kelvin,   May I ask why usually for bad news need to halt so may days? 
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kelvinLim123
Master |
17-Jan-2013 02:27
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Normally bad news, one day only halt, but so many days, it could be good news likely, from previous action by other coy. |
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happyharvest
Senior |
17-Jan-2013 02:14
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  I think maybe something to do with delisting.. maybe .. there is a distribution of share by sinopower investment limited to SRE... news should be released tomorrow. let's hope is not so bad news.. haha http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_F7FF383487A41C2248257A6B0045D28C/$file/e-20120831cntd_specie.pdf?openelement   On 3 October 2012, being 2,658,781,817 shares in the Company held by Sinopower Investment Limited (representing  59.20% of the total issued shares of the Company) were distributed by way of specie to its sole shareholder, namely SRE  Group Limited which is listed on the Stock Exchange of Hong Kong Limited, and SRE Group Limited had immediately  implemented the distribution of 2,658,781,817 shares in the Company to its shareholders proportionally. As a result,  Sinopower Investment Limited and SRE Group Limited no longer have any shareholding interests in the Company.   |
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Flyordie
Veteran |
16-Jan-2013 23:30
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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In  Cantonese, it is more cold than water..... | |||||||
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Nopainnogain
Senior |
16-Jan-2013 23:26
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you got to hold it till the counter open again
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Flyordie
Veteran |
16-Jan-2013 23:00
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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You may refer to China HongXing.....
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sgfreestyler
Member |
16-Jan-2013 22:51
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what if is suspension? what happen to the shares which were purchase? | |||||||
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guoyanyunyan
Elite |
16-Jan-2013 21:02
Yells: "uncertainty always exist" |
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not yet, not yet, still H, not yet SUSP. . . . | |||||||
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Flyordie
Veteran |
16-Jan-2013 20:42
Yells: "Sifu, Online !!!! Sea Pek Urgent !!!!" |
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oh no !!!! nightmare came through..... | |||||||
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Nopainnogain
Senior |
16-Jan-2013 20:37
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so many days... dun think is good news... maybe suspension
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Hulumas
Supreme |
16-Jan-2013 19:42
Yells: "INVEST but not TRADE please!" |
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Later Later, Later!
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ynnek1267
Master |
16-Jan-2013 16:46
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What good news will be? YZJ just raise warrant, gonna punch up side down. China property is bubble, what good news can be?
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095049s
Member |
16-Jan-2013 16:23
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should be good news.. NO WORRIES | |||||||
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