Latest Forum Topics / Oceanus Last:0.006 -- | Post Reply |
OCEANUS is 'a potential takeover target'?
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teeth53
Supreme |
21-Jun-2012 22:05
Yells: "don't learn through life, learn to grow with life " |
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In case if it's and still not clear to would be Oceanus players, Punters and investors and speculators. It mean...Oceanus Grp (the " Co" and together with its subsidiaries, the " Grp" ) Wishes.....all is well and end well. Note: Just sharing,  doing some home work...if it's wrong meaning, do correct my posting. Thk Qs. |
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teeth53
Supreme |
21-Jun-2012 21:47
Yells: "don't learn through life, learn to grow with life " |
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Part 2 - settlement agreement, a new confident of expression  between two big party. Let hope best is yet to come for Oceanus shares holders, big and or small...place ur betting. Happi Trading...:)
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teeth53
Supreme |
21-Jun-2012 21:36
Yells: "don't learn through life, learn to grow with life " |
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June 21 (Reuters) - Oceanus shares closed 1.6% lower at S$0.062 on Thurday. Singapore-listed abalone producer Oceanus Grp Ltd " The aforesaid 446,317,492 Oceanus Shares are not intended by the parties to be performance shares, but are in fact for the purposes of achieving a global settlement of all matters amongst them," said in a stk mkt filing.  teeth53 thot: In other word matter is settled liao between the two party. Let hope it a happy ending. Note: A definitive agreement to be prepared according to PRC laws will be signed by the seller and the Coy’s subsidiary for the sale and transfer of " the Property" when the Co decides to exercise the right to acquire the Property. Currently, the Grp is using the " Property" as one of the farms in the PRC to rear its abalones. The Co will update Shareholders should it proceed with the acquisition of the Property. According to the provisions of the Settlement Documents, (the " Property" ) in the People’s Republic of China, to sell and transfer the Property to the Coy’s subsidiary in the PRC (if requested by the Co) at a nominal consideration of S$1.00, subject to the applicable PRC laws relating to the land transfer.   |
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teeth53
Supreme |
21-Jun-2012 19:51
Yells: "don't learn through life, learn to grow with life " |
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_0BAF8D1124F4998D48257A24003C51A1/$file/OGL_Annc_Settlement.pdf?openelement  ( OGL_Annc_Settlement.pdf) Directors (the " Board" ) of Oceanus Grp (the " Co" and together with its subsidiaries, the " Grp" ) wishes to announce that it has been informed by its substantial shareholders, Ng Cher Yew (" NCY" ) and Bestglobal Enterprises Corp. (" Bestglobal" ) as follows:- YDH" ), NCY and Bestglobal dated 21 June 2012 (" Settlement Documents" ), NCY and/or Bestglobal agree to transfer (and/or procure the transfer) of a total of 446,317,492 ordinary shares in the capital of the Coy (" Oceanus Shares" ) to YDH, and at his direction for transfer to Yu Yang (who is the daughter of YDH) and such other parties as directed by YDH according to the provisions of the Settlement Documents. Property" ) in the People’s Republic of China (" PRC" ) to sell and transfer the Property to the Coy’s subsidiary in the PRC (if requested by the Co) at a nominal consideration of S$1.00, subject to the applicable PRC laws relating to the land transfer. A definitive agreement to be prepared according to the PRC laws will be signed by the seller and the Coy’s subsidiary for the sale and transfer of the Property when the Co decides to exercise the right to acquire the Property. Currently, the Grp is using the Property as one of the farms in the PRC to rear its abalones. The Co will update Shareholders should it proceed with the acquisition of the Property. direction of the Co. Further announcements on the change of interest by the substantial shareholders of the Co will be made when the transfer of shares have been effected by the relevant parties. (a) By way of a settlement agreement and other related documents made between Yu De Hua (" (b) The settlement agreement was to resolve the parties’ previous understanding arising from a private performance-based incentive scheme for the benefit of YDH subject to the fulfilment of certain conditions (including meeting certain financial targets relating to the Co) as referred to in the Shareholders Circular dated 31 Mar 2008 issued in connection with the reverse takeover exercise involving the acquisition of the entire share capital of Oceanus Bio-Tech (Holdings) Limited, and other matters by way of a global settlement. For the avoidance of doubt, the aforesaid 446,317,492 Oceanus Shares are not intended by the parties to be performance shares, but are in fact for the purposes of achieving a global settlement of all matters amongst them. (c) As part of the global settlement, YDH will procure the owner of the land at Zhangpu County, Gulei Town, Gulei Village (collectively " Total no of 446,317,492 Oceanus Shares to be transferred as aforesaid represents 22.13% of the total issued share capital of the Co at the date of this announcement. The execution of the Settlement Documents as well as the subsequent transfer of the 446,317,492 Oceanus Shares held by NCY indirectly through Bestglobal will not result in any change to the composition of the Board or the management of the Co and thus will not affect the future |
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teeth53
Supreme |
08-Jun-2012 16:52
Yells: "don't learn through life, learn to grow with life " |
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oopp...Sori. This is mean for Yoma counter. Yoma (R) issue
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teeth53
Supreme |
08-Jun-2012 16:50
Yells: "don't learn through life, learn to grow with life " |
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Woww... -0.018cts or -13.7%, even cheaper to buy, more profit to own...Happi Trading. | ||||||||||||
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teeth53
Supreme |
08-Jun-2012 16:48
Yells: "don't learn through life, learn to grow with life " |
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Lucky arhh...Volume bot back. Hav to wait for DR Ng to announcement or some BBs to play/
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ykjuay
Senior |
08-Jun-2012 16:44
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Its share price now @0.057 is worse than last time its abalones kana virus  ....!@#$%^& *(  | ||||||||||||
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teeth53
Supreme |
08-Jun-2012 16:15
Yells: "don't learn through life, learn to grow with life " |
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bigman88
Member |
08-Jun-2012 15:49
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Oceanus: Land Requisition Of Dongshen Farm 1. Oceanus Group Limited wishes to announce that its subsidiary, Longze Aquaculture Co., Ltd., has pursuant to a land requisition order issued by the local government in Dongshan County, entered into a Relocation Indemnity Agreement dated 21 May 2012 with the Dongshan County Local Government in respect of the compulsory requisition of land underlying one of Longze's abalone farms located at Dongshen Village. The Dongshan County Local Governement has indicated that it intends to requisition the land for the purposes of construction planning. Longze is entitled to receive cash compensation for the Land Requisition amounting to RMB3,604,445... (sources from Share Investor - http://forum.shareinvestor.com/forum/showthread.php?588-Oceanus-%28fka-TR-Networks%29& p=1802186#post1802186) |
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teeth53
Supreme |
08-Jun-2012 15:44
Yells: "don't learn through life, learn to grow with life " |
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Woww liao argh...Oceanus buyers all dry up..??. (left oni lot oni) Bid : volume done at buyer's price Vs Ask : volume done at seller's price |
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teeth53
Supreme |
07-Jun-2012 08:05
Yells: "don't learn through life, learn to grow with life " |
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B'SIDE OLD BBS, NEW 18 BBS MILLIONAIRES OSO PROVIDED IN MILLION OF DOLLARS TO OCEANUS. NEW BBS HOLDING ABOUT 14% STAKE. I M SURE THEY KNOW WHAT THEY ARE INVESTING IN....HAPPI TRADING.  |
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ChillX
Senior |
06-Jun-2012 10:03
Yells: "Bleh!" |
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Have to wait and see if abalones grow as projected and hopefully no more large mortality lo...
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Bopanha
Master |
05-Jun-2012 16:31
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Want to know the reason right? Because once bitten twice shy, not for you and me but for the company.  They will be careful now on.
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Bopanha
Master |
05-Jun-2012 16:28
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Oceanus can buy now.  No need to think hard about it because it will become your sole big profit maker.  Huat arh. | ||||||||||||
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teeth53
Supreme |
05-Jun-2012 10:59
Yells: "don't learn through life, learn to grow with life " |
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Part 1 old story, old China ceo no liao, part 2 yes, Dr Ng, the owner, tookover as acting CEO, sound great...happi trading. | ||||||||||||
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Tomique
Master |
05-Jun-2012 10:45
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Sorry for typo, Dr CherYew, not Dr Chew.  He said he invite those Africans who have bred abalones successfully.  I also hope he got the right people because Africans are well know for being " Alibabas" just as you feared.  But there are also some good Africans.  Frankly Australians are more experienced and more high tech.  I agree with you that Oceanus should look for Australian breeders to assist the company to improve its business..
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focusy
Senior |
05-Jun-2012 10:36
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got hope or no? @ OCEANUS AGM: Strategy for recovery and 'very good result' in 2015 |
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monk999
Master |
31-May-2012 22:03
Yells: "TA is an art!" |
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ill buy only when i reaches .025.  | ||||||||||||
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risktaker
Supreme |
31-May-2012 21:49
Yells: "Sometimes you think you know, but in fact you dont" |
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If African can farm abalone..... Why would African be so poor and most brands we saw in the market are from Australia...... Do they really know what they are doing ????
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