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tradersgx
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13-Nov-2009 00:42
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lawcheemeng
Master |
05-Nov-2009 13:55
Yells: "fly me to the mooon" |
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surprise.surprise.....rts over subscribe 250%...wow......because it is cheap cheap......seem when price cheap..ppl can risk...hehehe....but thk not for long lor expecting second harvest liao......after that more land under cultivation..........processing corn..is a big job.....as more country becoming more affluent...more meat....means need more corn for feeding lor................
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guangguang
Member |
05-Nov-2009 13:09
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ANNOUNCEMENT OF RESULTS OF RIGHTS ISSUE HLH GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: 199905292D) PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 706,916,965 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE "RIGHTS SHARES") AT AN ISSUE PRICE OF S$0.01 FOR EACH RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY THREE (3) EXISTING ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE "RIGHTS ISSUE") – RESULTS OF SUBSCRIPTION OF RIGHTS ISSUE Unless otherwise defined, terms used in this announcement bear the same meanings as defined in the offer information statement dated 13 October 2009 (the “Offer Information Statement”) relating to the Rights Issue of HLH Group Limited (the “Company”). The Directors of the Company are pleased to announce that based on the total issued share capital of the Company of 2,120,750,895 Shares as at the Books Closure Date, 706,916,965 Rights Shares were available for subscription under the Rights Issue, and as at the close of the Rights Issue on 29 October 2009, valid acceptances of and excess applications for a total of 1,767,705,796 Rights Shares, representing 250.1% of the 706,916,965 Rights Shares offered under the Rights Issue, were received. Details of the valid acceptances and excess applications received are as follows: (a) valid acceptances were received for a total of 648,811,389 Rights Shares, representing 91.8% of the total number of Rights Shares offered under the Rights Issue; and (b) excess applications were received for a total of 1,118,894,407 Rights Shares, representing 158.3% of the total number of Rights Shares offered under the Rights Issue. The provisional allotments of 58,105,576 Rights Shares, which were not accepted by Entitled Shareholders and/or Purchasers under the Rights Issue, were fully allotted to satisfy the excess applications for Rights Shares. In the allotment of excess Rights Shares, preference was given to Shareholders for the rounding of odd lots, and Directors and Substantial Shareholders ranked last in priority. None of the provisional allotments of 2,575,328 Rights Shares, which would have been provisionally allotted to Foreign Shareholders, were sold “nil-paid” on the SGX Main Board during the provisional allotment trading period. CDP will be sending a notification via ordinary post on or around 5 November 2009 to successful applicants, stating the number of Rights Shares credited to their respective Securities Accounts. Where any acceptance and/or excess application is unsuccessful or invalid and no Rights Shares or excess Rights Shares are allotted, or where the number of excess Rights Shares allotted is less than that applied for, the amount paid on acceptance and/or application or the surplus application monies (as the case may be) will be refunded to such applicants, without interest or any share of revenue or other benefit arising therefrom within 14 (fourteen) days after the close of the Rights Issue on 29 October 2009 by crediting their accounts with the relevant Participating Banks at their own risk (if they accepted and/or applied by way of Electronic Application through an ATM of a Participating Bank), the receipt by such Participating Banks being a good discharge to the Company and CDP of their obligations, if any, thereunder, or by means of a crossed cheque drawn on a bank in Singapore and sent to them by ordinary post and at their own risk (if they accepted and/or applied through CDP or the Share Registrar). The Company will be releasing an announcement to advise on the date for the listing of and quotation for the Rights Shares on the SGX Main Board in due course. BY ORDER OF THE BOARD HLH GROUP LIMITED Mah Peek Sze Patsy Executive Director 2 November 2009 |
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lawcheemeng
Master |
29-Oct-2009 19:38
Yells: "fly me to the mooon" |
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old news but worth taking a look.........
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guangguang
Member |
16-Oct-2009 12:49
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Any latest news regarding its top volumn and even break below 0.03? |
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lawcheemeng
Master |
29-Sep-2009 11:03
Yells: "fly me to the mooon" |
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wah...28 million sell down at 4.5cts.........heng ah ...still well supported........sure got more upside well supported.......looking at the buy Q... | ||||||||||||||||||||||||||
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lawcheemeng
Master |
28-Sep-2009 10:51
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can see the CR liao...hehehe....buy up still quite strong leh...out of my expectation.....though..... |
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IreneL
Senior |
28-Sep-2009 10:26
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Thank you for your good wishes.
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lawcheemeng
Master |
28-Sep-2009 10:04
Yells: "fly me to the mooon" |
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look like market is reacting well for its cash call.....price move up.....with high vol........look like worth putting more money in for it bussiness to grow....its 1right for 3 share is a goood move...hehehe.......and the rights r at a goood discount too......1ct nia....... | ||||||||||||||||||||||||||
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lawcheemeng
Master |
26-Sep-2009 15:45
Yells: "fly me to the mooon" |
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harvesting their own corn is only part of the bussiness....they brought in machinery from germany to process the corn...than sell in to other as animals feeds.......that means their are buying corns from others in the area...also a dam has been construct by the cambodia goverment..(read from other forum)...so their r eradicating so of the forseen issue.....however how this rite issue is going to affect the price we have to wait lor.....how market react......i agree with keepnosecret..that loss making compy...making cash call...usually is not well receive by share holders.....funny why the >>>SSH>>> shld keep all the small share holder inform of wat is happening over at cambodia...any way i m in for the rite issue....had been holding this for along time liao...this is the time for it to shine........gems are from stone been uncover tru polishing......HLH....has been tru many down.tru the yrs.....this the time for it to perform...for it perservence...............EVERY COW HAS ITS DAY.....hehehe.....cows are very hard working..hor..... |
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keepnosecrets
Master |
26-Sep-2009 14:38
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The problem is that it is not making money, and issuing of rights for loss companies should always be viewed with caution. Furthermore, corn farming may have its own risk as an agriculture. The happy occasions will be good harvests, but the sad ones will be when it has to face bad weather and poor crop yeilds. I hope I am not too careful, but this type of business depends much on the good old heavens above besides the good men running it. Wish you well. |
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IreneL
Senior |
26-Sep-2009 12:25
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I personally do not think HLH's rights issue will negatively impact the company's performance. As the world's economy starts to crank, albeit slowly, most companies, be their blue chips or penny stocks' set-ups, would in one way or another, look to raising monies to fund their expansion. There are numerous examples in Singapore. I didnt watch CNA's screening , but as I know, they are big on corn cultivation in Cambodia. And Cambodia is slowly opening up and with huge land bank available at quite reasonable cost, HLH is, in my personal view, in the right direction. I have their shares and am holding them for the long haul.
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keepnosecrets
Master |
25-Sep-2009 22:33
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Aiyo. Luckily sold off already. Penny stocks asking for money in return for penny, not nice leh. Double happiness did not re-enter when originally wanted to. Thanks G for guidance. | ||||||||||||||||||||||||||
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lawcheemeng
Master |
25-Sep-2009 21:48
Yells: "fly me to the mooon" |
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this one also issue right..........click.. | ||||||||||||||||||||||||||
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lawcheemeng
Master |
19-Sep-2009 20:02
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ANYBODY SAW THE VIDEO CLIP THIS EVENING ON CHANNEL NEW ASIA....FREE PUBLICITY........ | ||||||||||||||||||||||||||
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lawcheemeng
Master |
17-Sep-2009 15:42
Yells: "fly me to the mooon" |
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today the video clip that me post was show in channel news asia again....with this screening HLH....will have more exposure.........hehe....huat ah......lai ah lai ah.....hong lai haut ah.....
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lawcheemeng
Master |
12-Sep-2009 15:40
Yells: "fly me to the mooon" |
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video clip show the cornfeild begin harvest....wonder it the one farm by HLH.......at least a live video and picture of the factory in cambodia..and the heavy machinery......some big shld be here soon for this counter..........HONG LAI HAUT...ah.....
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lawcheemeng
Master |
12-Sep-2009 15:33
Yells: "fly me to the mooon" |
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latest update from channelnews asia....click for video | ||||||||||||||||||||||||||
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lawcheemeng
Master |
25-Aug-2009 15:58
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THKS THAT NEWS READ AREDI...... THINK GOT SOME BETTER NEWS...... ME KEEPING THIS LOONG TIME ..... BREAK EVEN AT 6CTS LAH.....
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keepnosecrets
Master |
25-Aug-2009 15:53
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According to the latest report, the company still losing money. I just sold my shares today at a good price. Bot 1.5 cents and sold 4 cents. You can check the financial statement at SGX site by clicking the company code. | ||||||||||||||||||||||||||
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