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Transview
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johnng
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23-Oct-2013 10:45
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rich golfers meet together to give new lease of life in it... | ||
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skbeng
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25-Jan-2010 13:55
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So what's the news this time for the Trading halt? So long already, whole morning waiting for annoucement, hopes its something good and not some stupid rights issue or something. | ||
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skbeng
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29-Sep-2009 14:19
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Will resume trading 2.45pm. Below is what Transview reply to SGX query. The Board of Directors of Transview Holdings Limited (“Transview” or the “Company”) wishes to announce that its wholly-owned subsidiary, Transview Resources Pte Ltd (formerly known as Transview Golf & Country Club Pte Ltd) (“Transview Resources”) has signed a Share Placement Agreement (the “Agreement”) with Trafford Resources Limited (“Trafford”) to purchase 6,203,486 new ordinary shares representing 10% of the share capital of Trafford at A$0.25 per share or total cash consideration of A$1,550,871.50 (approximately S$1,954,098). Transview Resources also has the option to acquire a further 5% (3,101,514) of new Trafford shares at A$0.25 per share. Upon exercise of the unlisted Options, Transview Resources will own 9,305,000 ordinary shares in Trafford, which represents 15% of Trafford’s current share capital. The investment is funded by the Group’s internal resources. Trafford is an Australia-based mineral exploration company listed on the Australian Stock Exchange (“ASX”) since June 2006. Trafford’s primary focus is the exploration and commercialization of Iron Ore, Copper, Gold and Uranium deposits. Trafford has interests in two other ASX-listed companies - a 50% stake in IronClad Mining Limited (“IronClad”) and 14.79% interest in Robust Resources Limited (“Robust”) (with the option to increase it to 20.66% through the exercise of 3.6 million options at 30 cents per share). Both companies have since their listings expended substantial investments in geological and drilling programs yielding positive results to date. IronClad owns 80% of the Wilcherry Hill Iron Ore Project (“Wilcherry Hill”) in South Australia’s Gawler Craton. Through its 50% interest in IronClad and 20% direct interest in Wilcherry Hill, Trafford effectively owns 60% of Wilcherry Hill. IronClad has recently discovered large quantities of high grade crystalline magnetite iron ore, which is very low in contaminants and generally suitable for low cost beneficiation with concentrate grades likely to exceed 67% Fe. The availability of Direct Shipping Ore for export can greatly improve the economics of iron ore mining because it enables the production of iron ore at lower capital and operating costs than for ore which requires upgrading. IronClad announced on 25 August 2009 a drilling programme to identify near surface DSO as a fast track development option. Also notably, Robust recently announced the discovery of 52 metres of potentially economic gold and silver mineralization, which is the widest zone of mineralization of this type identified to-date on Romang Island. Since Robust began its Romang Island drilling program in November 2008, it has received assay results from 28 diamond drill holes, of which 27 have identified reportable intersections of gold/silver/lead/zinc/copper having potential economic significance. Work is also underway to identify drilling targets at the Solat Caldera, which forms the northern two thirds of Romang Island, where exploration has revealed strong evidence for the existence of at least one gold- rich multi-commodity porphyry system. The investment in Trafford will enable the Group to gain exposure in the booming resources market. Both Transview and Trafford will work together to create greater value for shareholders. Under the Agreement, Transview will be offered a board seat in Trafford when Transview Resources exercises its Options in Trafford. The abovementioned investment is not expected to have any material effect on the earnings per share and net tangible assets per share of the Group for the financial year ending 31 October 2009. None of the Directors or substantial shareholders of the Company has any interest, direct or indirect in the above transaction. |
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skbeng
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28-Sep-2009 16:37
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Trading HALT for Transview...yumm...yumm... | ||
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skbeng
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28-Sep-2009 12:30
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Sorry, earlier post mistake, here is the image, hope it works:
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skbeng
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28-Sep-2009 12:25
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Articles from latest issue of THE EDGE about Transview: [URL=http://img17.imageshack.us/i/transview.jpg/][IMG]http://img17.imageshack.us/img17/5527/transview.th.jpg[/IMG][/URL] |
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wongmx6
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25-Sep-2009 22:32
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Substantial Shareholders Substantial Shareholders Direct Interest (%) Deemed Interest (%) TAN CHING KHOON 29.00 - TAN CHENG CHUAN 24.00 - GULF ASIA PACIFIC EQUITY 5.00 - SHEIKH PAISAL FJM AL-THAN - 5.00 |
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skbeng
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25-Sep-2009 13:47
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Is the Arab still invested in this company?
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wongmx6
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24-Sep-2009 22:37
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Long time ago, i was holding this stock, i still remember the reason for its to go up to 50 Cent was because of a Arab countries investor bought certain % of its share and it also started to expend it Golf equipments Outlet at Arab countries. |
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skbeng
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24-Sep-2009 17:12
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Hi all, new here to this forum and my first post/contribution is here. Anyone know why this counter ran up? Was monitoring it today and people are just buying it up from 4pm. This company never seems to lost money even though profit isn't that great. Their dividend yield is actually quite good if you can get it at a good price. Simple research show they are managing golf courses and retailing golf equipments and majority owned by a "Tan" family, whoever they are. My research of this share at "normal" period, this share is hovering around $0.20. Except for a period 2 years ago it ran up to $0.50 (don't know the reason though) for lack of information. Seems like it is reaching it's "normal" status trading range already. Any other contributions? |
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