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CEDAR TUA HUAT
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dekmelvie
Senior |
22-May-2013 14:51
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wow! still on the ride?? or take profit already??
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yummysukiyaki
Senior |
22-May-2013 13:57
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Yes bought at .014c...hehe | ||||
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dekmelvie
Senior |
22-May-2013 12:51
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Are u vested? Nice moved. Last time i saw it trading .014. Lol
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yummysukiyaki
Senior |
22-May-2013 10:57
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New Wave....Huat ahhhhhhhhhhhhh!!!! | ||||
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yummysukiyaki
Senior |
22-May-2013 10:05
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Its either swim or sink? | ||||
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vw2796
Senior |
22-May-2013 09:09
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This is outdated liao. In Feb 2013, they have completed the acquisition of Yess Le Green Pte Ltd and West Themes Pte Ltd as a show to SGX so as to remain listed and wait for the RTO of Hua Cheng Group.
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hmphie
Senior |
22-May-2013 08:54
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Did anyone notice this in their EGM circular? http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B07940282C0116CF48257AB700391477/$file/CTL-EGMCircular15112012.pdf?openelement 2.9 Status as Cash Company Further to consultation with the Sponsor and the SGX-ST, the Company has been informed that it will be deemed to be a cash company within the meaning of Rule 1017(1) following the completion of the Disposal and the Land Purchase. Thereafter, the SGX-ST will suspend trading in the Company’s securities following the completion. In accordance with Rule 1017(a) and (b), the Company will thereafter: (i) place 90% of its cash and short-dated securities in an account opened with and operated by an escrow agent which is part of a financial institution licensed and approved by MAS. The amount placed in the escrow account shall not be drawn down until the completion of the acquisition of a business which is able to satisfy the SGX-ST’s requirements for a new listing, except for payment of expenses incurred in a reverse takeover approved by shareholders and pro-rata distributions to shareholders and 16 LETTER TO SHAREHOLDERS (ii) provide monthly valuation of the Company’s assets and utilisation of cash, and quarterly updates of milestones in obtaining a new business, to the market via SGXNET. The Company intends to actively pursue the acquisition of the entire issued and paid-up capital of Trechance Holdings Limited pursuant to the memorandum of understanding entered into by the Company (as announced by the Company on 28 September 2012), as well as other acquisition opportunities in line with the Company’s long term plans and in the area of real estate. The Company will continue to keep Shareholders updated on a timely basis of the Company’s financial situation as well as progress in resolving issues the Company may face in order to resume trading. |
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yummygd
Supreme |
22-May-2013 07:04
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Good luck last day | ||||
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medivh
Elite |
21-May-2013 23:05
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Relax. News be out.. v. Soon | ||||
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Xiang90
Senior |
21-May-2013 23:02
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bro ballball, its tml trading halt lifted? or issit thurs.. u count monday as 1day cuz it halted before market open??
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danielngel
Member |
21-May-2013 21:50
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Hmmm. Tks bro | ||||
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vw2796
Senior |
21-May-2013 21:39
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wah!! u really know how to dig huh? u read listing rules!  u sound like a lawyer 
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ballball
Master |
21-May-2013 21:34
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Pls go read SGX-ST listing rules
Practice Notes 13.1 Procedure for Trading Halt and Suspension |
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danielngel
Member |
21-May-2013 21:15
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Are you sure it will suspended | ||||
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ballball
Master |
21-May-2013 20:38
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Max. can halt for 3 trading days. Tmr will be the 3rd, they nid to announce smthg. Will be suspended if beyond 3 days, think so. | ||||
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yummygd
Supreme |
21-May-2013 20:22
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? Lol so u meant to say will suspend la lol
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xing78
Elite |
21-May-2013 20:15
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don't worry it will not halt for too long before it get suspended
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alltimehigh
Member |
21-May-2013 16:09
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How long to HALT trading ? | ||||
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vw2796
Senior |
20-May-2013 16:39
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don't think so la. If wanna dispose share like that better not bring her in mah. She will be in the spotlight and more difficult to do. Now, as events start to unfold, come to re-think about his move of bringing her in: 1. Intention to bring her in is definitely way before the AGM. Postpone the appointment of his daughter right after the AGM to prevent questioning and unnecessary grilling by shareholders. 2. Something very positive coming and he taking this opportunity to drop his daughter in so as to elevate her profile substantially when this deal pushes thru and shareholders with shut up as long as got $ to make. He will not be grilled on this issue next AGM. 3. If he is not confident of pushing this thru, it may not be wise to parachute his daughter into corporate spotlight and risk her future corporate career reputation in a sinking ship and at the same time putting himself up for though questioning during next years AGM.
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dekmelvie
Senior |
20-May-2013 16:22
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SHares with XX=unknown value lol
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