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Asiatic
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teeth53
Supreme |
11-Jul-2012 21:56
Yells: "don't learn through life, learn to grow with life " |
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_1058FC8CA534C62A48257A37001D3C7A/$file/Asiatic-AGM-ADVERT-FINAL-20120712.pdf?openelement |
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teeth53
Supreme |
26-Jun-2012 22:32
Yells: "don't learn through life, learn to grow with life " |
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ASIATIC Grp - for financial closure of the 12.5MW Biomass Power Plant Project in Teluk Intan, Perak, M'sia     
MJE is the  JV co between MJEH and its local partners being Tekun Positif (M) Sdn Bhd. Tan Guan Hua Sdn Bhd and Wealthy Entity Holdings Sdn Bhd that has previously signed a Renewable Power Purchase Agreement with Tenaga Nasional Bhd for a concession period of 21 years.
As part of the development of the project, MJE has since completed the detail design and engineering aspects, and with this successful financial closure, shall begin the site construction and erection activities towards a targeted completion in the end of 2013.
“We have come a long way since the early days of the project, and this signing of the loan agreement for the Islamic Banking Facilities represents the confidence of Maybank in the project and in the ability of the company to achieve ad deliver its business objectives“, said Tn. Hj. Osman Bin Mohd, Chairman of MJE.
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smartrader
Elite |
31-May-2012 22:14
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Moving forward, exploring renewable projects in China, trading CER, expansion and financing will be the focus.   Harnessing shareholders value is important to make the company business attractive to investors  | ||||||||||||||||||||||
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smartrader
Elite |
31-May-2012 22:09
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Over 35 years of project finance/power related experience. Began career in the US independent power market spent the last 17 years in Asia 7 based in Beijing, China. Entrepreneurial mindset started and, as CEO managed one of most successful internationally owned energy efficiency companies with assets in China. Company identified, financed,acquired and managed 10 joint ventures/$200 million in assets over 8 year period. Hands on approach to management. Benefits shared among all stakeholders. Successfully sold company in 2006. SpecialtiesProject finance and corporate structuring venture start-up/management to international standards in a multi-cultural setting project development/acquisition cross border M& A strategic planning creating value added solutions to all stakeholders. Bob Anderson's ExperienceCo-Founder and CEOLakewood Carbon Corp.  January 2008  –  Present  (4 years 5 months) Lakewood Carbon is a primary buyer of Carbon Emission Reduction certificates from China. Working with its local partner, Beijing Uniufa Energy Technology Company, Lakewood Carbon develops projects with the goal of on-selling the CERs to European/Asian buyers. The company has signed over 20 projects and has in excess of 1 million CERs/year in various stages of development. The company develops both individual projects as well as programs of activity (POA). Founder and CEOThe Lakewood Capital Group, Inc.  2005  –  Present  (7 years) Headquartered in Beijing. Consulting and advisory services related to clean and renewable energy. With international companies,represent both investors interested in investing in China as well as vendors looking to access the Chinese market. Also work with companies in China looking to partner with international investors. For investments, provide identification due diligence help with acquisition asset management. For vendors, develop strategy for market access identification of potential partners and roll-out strategies. President and Chief Executive OfficerPeak Pacific Investment Company  January 1996  –  January 2005  (9 years 1 month) Directly involved in growing the company from start-up to one of President and Chief Executive OfficerPeak Pacific Energy Ventures  January 1994  –  January 1996  (2 years 1 month) Founder of the Company Managing DirectorCogentrix of Asia Pte Ltd (Singapore)  January 1993  –  January 1994  (1 year 1 month) Responsible for the start-up of Cogentrix first overseas office. |
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teeth53
Supreme |
31-May-2012 20:21
Yells: "don't learn through life, learn to grow with life " |
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More good news coming... http://info.sgx.com/webcorannc.nsf/AnnouncementToday/74C3F36F961ED9B548257A0F0040E7B5?opendocument Date of appointment -  1st June 2012. Appointment  as Chief Operating Officer (" COO" ) of the Group. Robert W. Anderson, Jr. 60, COO will primarily be responsible for operations, controls, overseeing new and on-going projects which are now in the midst of implementation and construction. Past working experience... CEO, Peak Pacific Investment Company (1994-2005) CEO, The Lakewood Capital Group, Inc. (2005-2012) CEO, The Lakewood Carbon Corp. (2008-2012) |
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teeth53
Supreme |
29-May-2012 23:36
Yells: "don't learn through life, learn to grow with life " |
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The Company and PPSEZ have entered into a settlement agreement (“Settlement Agreement”) to resolve all ongoing disputes (“Disputes”) pertaining to the power plant project in the Phnom Penh Special Economic Zone (“Zone”). In accordance with the terms of the Settlement Agreement:- (i) PPSEZ shall withdraw the three arbitration proceedings initiated against the Company's subsidiaries, namely, Colben System Pte Ltd, Colben Energy Holdings (PPSEZ) Limited and Colben Energy (Cambodia) PPSEZ Limited (“CEZ”). (ii) PPSEZ shall also withdraw all court proceedings commenced against the Company and/or its affiliates whether in Cambodia or elsewhere and both PPSEZ and the Company agree that we will refrain from commencing any further proceeding against the other in respect of the Disputes. (iii) CEZ shall remain the exclusive supplier of all power requirements in the Zone for so long as CEZ continues operating in the Zone. In this regard, CEZ shall be supplying power directly to PPSEZ’s existing and future customers located in the Zone as well as for PPSEZ’s own consumption. (iv) In settlement of the amt due from PPSEZ under the Power Purchase Agreement dated 10 June 2008, PPSEZ shall transfer to CEZ free of any encumbrances all of the existing transmission and distribution lines, and related equipment which are owned by PPSEZ in the Zone as well as all such easements, licenses, construction contracts and any other agreements necessary to construct such transmission and distribution lines, sub-stations and all related equipment relating to the distribution of power to existing and future customers in the Zone and the corresponding land. The Board views entering into the Settlement Agreement as a positive (+ve)  development which enables parties to move towards a long-term resolution.
teeth53 thot: Even though is not easy to operate in a familiar but volatile  environment.  Asiatic Grp is now in stronger position to grow, manage  it power program in PPSEZ (Cambodia). Like wise venturing into Myanmar.  Will it venture further when condition is right. (Yes. I think so). Happi Trading.  |
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smartrader
Elite |
22-May-2012 21:47
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Seldom trading halt in past years -- even for  the hydroplants  and rights issue annoucement. Must be something of significance and material. Hope it is good news to bring the company forward... | ||||||||||||||||||||||
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teeth53
Supreme |
22-May-2012 10:06
Yells: "don't learn through life, learn to grow with life " |
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teeth53
Supreme |
19-Apr-2012 17:22
Yells: "don't learn through life, learn to grow with life " |
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12-04-2012. SGX announcements. Brian Chang Holdings (S) Pte Ltd. Getting better. Great  in did, there is certain bright spot (expertise in marine and offshore experience). |
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smartrader
Elite |
14-Apr-2012 12:27
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smartrader
Elite |
14-Apr-2012 12:24
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Is this the man Brain Chang Holdings ? Our new Substantial Shareholder ? Forbes Top 40 richest singaporean ? Executive Profile Brian Chang Founder and Executive Vice Chairman, CIMC Raffles Offshore (Singapore) Ltd. Age Total Calculated Compensation This person is connected to 4 Board Members in 4 different organizations across 4 different industries. See Board Relationships 68 -- Background Mr. Brian Chang founded CIMC Raffles Offshore (Singapore) Ltd., (formerly Yantai Raffles Shipyard Limited) in 1994 and served as its Chief Executive Officer. Mr. Chang has been in the ship building industry since 1967. He serves as Executive Vice Chairman at CIMC Raffles Offshore (Singapore) Ltd and served as its Deputy Chairman. He founded Promet Pte Ltd in Singapore in 1971. (known today as PPL Shipyard). He has 40 years of experience in the shipbuilding industry, ... he pioneered the construction of Singapore's first jack-up drilling rig at Keppel FELS Limited (formerly known as Far East Levingston Shipbuidling Limited). His career started with Vosper Thorneycroft in Singapore. He served as an Executive Chairman of Yantai Raffles Shipyard Pte Ltd. until November 2008. Mr. Chang served as the Chairman of the Board of Promet Group. He has been Executive Deputy Chairman of Yantai Raffles Shipyard Limited since November 2008. He has been Director of Bergen Group since December 13, 2010. He has been Independent non-executive Director of TSC Group Holdings Limited since July 2009. Mr. Chang received a Scholarship for an Honors degree in Electrical Engineering at the City University, London and graduated in 1965. Read Full Background |
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teeth53
Supreme |
05-Apr-2012 22:40
Yells: "don't learn through life, learn to grow with life " |
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Think abit of good news (not so bad). Since this old news and only two passive  investors of father and daughter team, prices has more  then stablize. For trade investment purpose - SAsiatic future may hold some bright spot. |
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teeth53
Supreme |
05-Apr-2012 22:31
Yells: "don't learn through life, learn to grow with life " |
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C3B535878FB2EE45482579BF00447B71/$file/AGH-Ann-20120312-Proposed_Placement.pdf?openelement The Board of Directors of Asiatic Group (Holdings ) Limited (the “Company”) wishes to announce that the Company has on 12 March 2012 entered into a Subscription Agreement (the “Subscription Agreement”) with a placee, Brian Chang Holdings (S) Pte Ltd (the “Placee”), pursuant to which the Placee has agreed to subscribe for a total of 44,108,886 new ordinary shares (the “Placement Shares”) at S$0.065 (the “Placement Price”) for each Placement Share. Priced @S$0.065 each, a 10.2% premium to the vol-weighted average trading price of S$0.059 per share for trades done on the S/pore Exch Securities Trading Ltd (“SGX-ST”) for the full mkt day on 12 Mar 2012. Placee  Co incorporated in S'pore whose principal activity is investment holding. Two shareholders of the Placee, each holding a 50% equity interest, are Brian Chang and Tracy Chang. Brian Chang and Tracy Chang are father and daughter. They are also the two directors of the Placee. The Co decided on the Share Placement after the Placee approached the Co indicating their interest in acquiring Shares in the Co and that the Co’s investment in energy related project appealed to them. Placement Shares, when issued and fully paid, will rank pari passu in all respects with the existing shares issued share capital of the Co, except that they will not rank for any dividends, rights, allotments or other distributions, accruing on a record date which falls on or before date of the completion of the Share Placement. Purpose of Share Placement is to allow the Co to raise net proceeds of approximately S$2.8 mil (less expenses amounting to approximately S$70,000). The Placement is being made to the Placee, a passive investor. |
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teeth53
Supreme |
05-Apr-2012 22:06
Yells: "don't learn through life, learn to grow with life " |
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Good or bad....Proposed placement  of 44,108,886  new ordinary  shares - Listing and Quotation Notice http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_5475F5D8434AC4A9482579D7004B85CC/$file/AGH-Ann-20120405-LQ_Notice.pdf?openelement announcement made on 12 March 2012 in relation to 44,108,886 NEW ORDINARY SHARES (“PLACEMENT SHARES”) at AN ISSUE PRICE OF S$0.065 FOR EACH NEW SHARE. Placement Shares must be placed out within 7 market days from 5 April 2012, being the date of the listing and quotation notice. What all this mean..??.TQs |
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teeth53
Supreme |
06-Feb-2012 11:31
Yells: "don't learn through life, learn to grow with life " |
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Comatosh player...doing some collection first...? | ||||||||||||||||||||||
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teeth53
Supreme |
22-Mar-2011 20:02
Yells: "don't learn through life, learn to grow with life " |
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See what I mean...one lot can dammed it lower to .070c.
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teeth53
Supreme |
18-Mar-2011 09:27
Yells: "don't learn through life, learn to grow with life " |
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See what i mean.....one lot can play havoc at 0.075c, while unless BBs chose  to play up...
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teeth53
Supreme |
18-Mar-2011 09:15
Yells: "don't learn through life, learn to grow with life " |
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Asiatic--Show no sign of life...in comatosh stage, has been drop from 17c. Look cheap, then cheap can cheaper,...some bot a 7.5c, others bot at 0.080c |
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smartrader
Elite |
27-Feb-2011 06:47
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Legal works on Kemaman Biomass Plant project should complete by 28 Feb 11. Cambodia PPSEZ 2nd phase started one year ahead of schedule due to phase 1 taken up -- will see stable revenue stream. 1. Chu-Linh Coc-San hydroplant in construction. 2. Maju Intan Biomass Plant in construction.           |
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teeth53
Supreme |
06-Jan-2011 11:15
Yells: "don't learn through life, learn to grow with life " |
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Ahh, at last it move one step liao.
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