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JurTech
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dinghoki
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06-Aug-2009 14:44
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Can we say if the susp status continues for 1 or 2 years, then JurTech will be removed from the ST list? Heartache for my lost 5K...... When on earth the susp will be released??? |
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equitypassion
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23-Jul-2009 01:14
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Thanks for message, no particular reason :) Anybody willing to sell me @ $0.01 cents??? I am willing to buy small lots between 50 to 100. If you have big lots like 500 lots to 1000 lots, I am happy to accept. Serious Seller, Please Reply this message if you are keen to sell. Thanks in advance and Good Night :) | ||||||||||||||
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senecus
Veteran |
11-Jul-2009 22:33
Yells: "Market Fortune Telling - Senior MFT" |
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Why are you acquiring Jurtech shares? | ||||||||||||||
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equitypassion
Member |
09-Jul-2009 02:05
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can I know how many lots of Jurong tech you have? I would like to buy from you What price are you willing to sell? Can we do it at CDP? Hope to hear from you soon. Thanks and Have a nice day |
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jm2212
Senior |
19-Jun-2009 22:24
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are you still keen in buying this?
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jm2212
Senior |
04-Jun-2009 23:15
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care to share why u want to buy this? i was told situation is not so optimistic..... not easy to get white knight | ||||||||||||||
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be_a_fundmanager
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02-Jun-2009 01:24
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Anybody willing to sell Jurong Tech to me @ $0.01 per share. I am keen to buy 300 to 800 lots. If you have small lots like 10 to 50 lots, I am happy to buy as well. We can do transfer at CDP. Please call me @ 81854808 (Do not message me because this is a diverted phone, I am not able to read your message ) Thanks and Have a Nice Day :) |
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senecus
Veteran |
23-May-2009 10:58
Yells: "Market Fortune Telling - Senior MFT" |
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Anyone...who is in the market long enough is bound to encounter such experience. I did. Well, sad, angry or other mode of emotion is definitely not going to help. A wise man once said to me..."Since you play share, it must be fun." I was confused then...but gradually...begin to understand. Q: Why does a child play a toy? A: It must be fun. |
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Alligator
Veteran |
22-May-2009 13:22
Yells: "learning from past " |
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This Jur Tech had been under JM for a while already. JM has issued monthly update. the last update was dated May 1. If you are interested you can view their report . Link is below http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_AB29CC8D32E961FD482575A900297CC0/$file/Monthly_Announcement_April_2009.pdf?openelement Other company annoucement are found in SGX also.
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bikerlover
Member |
22-May-2009 12:51
Yells: "Good luck to your trading!" |
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With this company in debts, is there any chance or anytime sooner, will the suspension being removed and this stock going back to it's good old days?? Though it's in debts, the company is still making profits? |
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Alligator
Veteran |
04-May-2009 17:59
Yells: "learning from past " |
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sorry to learn u are holding this, since counter is suspense, it is too bad, you really cannot do anything until they lift the trading..
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dinghoki
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04-May-2009 17:54
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So what can I do for my Jurong Tech shares now? Please advise. |
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senecus
Veteran |
23-Apr-2009 22:55
Yells: "Market Fortune Telling - Senior MFT" |
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Very well maintained factory with very good gardening around the compound. Who will have expected. | ||||||||||||||
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Alligator
Veteran |
22-Apr-2009 22:20
Yells: "learning from past " |
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Jurong Tech’s factory building is up for auction April 22, 2009A TWO-STOREY Tuas factory building owned by Jurong Technologies Industrial Corp has been put up for auction by the company’s judicial manager Deloitte & Touche. The property, at 18 Tuas West Avenue, is being offered at Colliers International’s auction on April 29. BT understands the property could be worth more than $3 million. The factory, which is being offered as a sale and leaseback deal, is on a 75,299 sq ft site with a remaining lease of about 17 years. Colliers will also auction a total of eight apartments and five shops at Upper Serangoon Shopping Centre. These units are understood to be part of a bigger batch of units in the ageing freehold development that had been offered for sale by tender in 2007 by the building’s developer, Hong Huat Development Co, which is in voluntary liquidation. The eight apartments on the top floor of the six-storey building will go under the hammer as a single lot at Colliers’ upcoming auction. Sources say that the opening price will be about $3 million to $3.1 million. At $3 million, the price reflects about $261 psf of strata area and a net yield of about 3.5 per cent, based on the existing lease on the units, which expires in about a year. All eight apartments are leased to a company. The shop units, which are being sold individually, are leased to various tenants. The leases expire from around the middle to end of this year. Opening bids for the shop units are expected to be in the region of $700 psf, which would reflect net yields of about 4 to 5 per cent based on existing tenancies. Besides collecting a rental return, a key attraction for potential buyers of the shops and apartments at Upper Serangoon Shopping Centre would be the prospects of a potential collective sale of the complex. Colliers is also offering at its auction two mortgagee sale properties. One is a ramp-up flatted factory unit at Tradehub 21 at Boon Lay Way. Tradehub is a site with a remaining lease of about 54 years. The unit is expected to fetch about $600,000. The other mortgagee sale is of a three-storey freehold detached house, 5B Lim Tua Tow Road (off Upper Serangoon Road). The property received offers above $2 million at an auction earlier this year, but the mortgagee bank declined to sell at the time. It could be more flexible now, given the poorer economic outlook, auction market watchers suggest. A 13th floor apartment at the freehold Orchard Towers - where a collective sale was once planned - will also go under the hammer at next Wednesday’s auction. The 1,970 sq ft unit has an indicative price of about $2.2 million to $2.4 million. Investors keen on buying strata shop units in the city can consider two basement units at High Street Centre and a couple of third-floor units at Sim Lim Square. These properties have been put up for sale by their respective owners. Some $18 million worth of properties was transacted at auctions in Singapore in the first quarter of this year, more than three times the $5.4 million notched up in the preceding quarter and also surpassing the $9.5 million in Q1 last year. Source : Business Times - 22 Apr 2009 |
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trader88.sg
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10-Mar-2009 20:01
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Huhushares, After you bought at 7.5c, the highest it traded was 11.5c, never at 13.5 leh. What is done is done. The important thing is what you have learnt from this lesson. |
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Huhushares
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10-Mar-2009 19:51
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Hope that good days will come. I think i am too greedy. I bought my jurtech at 0.075 and nv sold at 0.135..... On one of the day de stock rise about 50%.....i thought it will rise 2 days continually Haiz.............When will de stock be back? sian sian sian Currently Global crisis I lose about 20% of my money.....................sian.........Hope tmr will have a better days JURONG TECHNOLOGIES INDUSTRIAL CORPN LTD (Under Judicial Management)(the “Company”) (Company Registration No. 198600762Z) RELEASE OF FINANCIAL STATEMENTS FOR FY08 POSTPONED TO A DATE NO LATER THAN 30 APRIL 2009 Pursuant to Rule 705 of the Listing Manual ("Listing Manual") of Singapore Exchange Securities Trading Limited (the "SGX-ST"), the Company's financial statements for the financial year ending 31 December 2008 (the "Financial Statements") has to be released by the Company no later than 1 March 2009, being no more than 60 days after the relevant financial period. The SGX-ST has agreed to a waiver of Rule 705(1) of the Listing Manual by granting an extension of time for the release of the Financial Statements to 30 April 2009, on condition that the Company states: (a) Its rationale and justification for the extension of time; (b) That the Financial Statements are intended to be released on or prior to 30 April 2009; and (c) The conditions for the SGX-ST granting the extension of time. Accordingly, the release of the Financial Statements is postponed to and are intended to be released on, a date no later than 30 April 2009. The request for the extension of time was made by the judicial manager on 20 February 2009. The reason for this was that Mr Tam Chee Chong of Deloitte & Touche LLP was only appointed as interim judicial manager of the Company on 10 February 2009 and his appointment as judicial manager was only formalised on 20 February 2009. In the circumstances more time is required in order for Mr Tam to understand the Company’s operations and financial position and to oversee the release of the Financial Statements. Mr Tam and Mr Keoy Soo Earn of Deloitte & Touche LLP were appointed as judicial managers of the Company on 20 February 2009. |
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knightbridge
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10-Feb-2009 02:00
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Any forumer noe Jurong tech factory it is own by any Relts. Sure will be affected. The client of Jurong tech will run to which Contract manufacturers. Venture, Celestica, beyonics or flextronics.. Jurong Tech is doing a few hundred million sales a year is not small |
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dcang84
Veteran |
08-Feb-2009 11:06
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It shouldn't surprise anyone. They've had it up to their eyeballs with IOUs. I am pretty certain its curtains down for Jurong Tech even after they sell whats left of their assets. | ||||||||||||||
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Alligator
Veteran |
07-Feb-2009 22:22
Yells: "learning from past " |
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from business times Published February 7, 2009 Jurong Tech faced with judicial mgt
By CHEW XIANG
A CREDITOR has applied to put mainboard-listed Jurong Technologies Industrial Corp under judicial management, the company said yesterday. Jurong Tech, a troubled contract manufacturer, said it was served court papers by an unnamed creditor yesterday on the proposed appointment of Tam Chee Meng, of Deloitte & Touche, as judicial manager of the company. Judicial management is when a court appoints a manager to direct the affairs of a company in trouble. Under Section 227A of the Companies Act, this can happen when a company is unable to pay its debts but there is some chance of keeping the business going without having to wind it up. According to Rule 1303(3) of the SGX listing manual, the Singapore Exchange can suspend trading of shares in a company placed under judicial management. The company will then have to submit and implement resumption proposals, or face delisting. Jurong Tech has been suspended from trading ever since the Chinese New Year weekend and last traded at 2.5 cents. The company is facing legal demands for repayment of loans from at least six banks claiming in total over $200 million. The company has disclosed unsecured borrowings of $282.3 million due in one year or less as at Sept 30, 2008. Yesterday, Jurong Tech said that it had written to creditors earlier this month to suggest the immediate appointment of Mr Tam as a special accountant, ahead of his official appointment as judicial manager. Mr Tam has also been nominated as judicial manager for a key subsidiary of the company, pending a court hearing on Feb 20 initiated by DBS Bank, another creditor. Jurong Tech said that they were taking a 'proactive approach' in inviting Mr Tam before his official appointment. The company has drafted a restructuring plan which it is expected to present to Mr Tam by early next week. 'It would be in the interest of all parties for the company's management to meet up with Mr Tam and provide him with the necessary information and assistance required for an expedited understanding of the group's operations,' said Lin Li Fang, chairman of Jurong Tech in a statement. Ms Lin added that the company would 'try its best to restore the suppliers' and customers' confidence in the group'. The company recently issued a profit warning, saying that it was likely to book a material loss for the year ended Dec 31, 2008. It made a $29 million net profit for its last full financial year in 2007, but has been weighed down since Motorola, a key customer, started cutting back orders. The financial crisis in the last quarter of 2008 compounded its woes as the company found itself unable to refinance or repay its increasingly hefty debt. OCBC Bank first issued a statutory demand on Jan 9 to get the company to repay some $55 million, or face winding up. DBS then applied to put Jurong Tech's subsidiary under judicial management. Other banks clamouring for repayment include Belgian outfit KBC, ABN Amro Bank, Sumitomo Mitsui Banking Corporation, and United Overseas Bank. |
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bigboy
Member |
04-Feb-2009 10:50
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do you think an average wealthy man will buy something that is worthless? | ||||||||||||||
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