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Latest Forum Topics / YZJ Shipbldg SGD    Last:2.42    -0.02  Post Reply
Cruising with the ship ..Yangzijiang
iPunter
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19-May-2010 11:09     
 
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This sounds so much like Kelly's "Sun Tze Zun Fa"...

hehehe... Smiley



rickyw      ( Date: 19-May-2010 08:47) Posted:

agree....troops retreat....

harley22ez      ( Date: 19-May-2010 08:30) Posted:

baker doesnt seem to look good and when baker shares slides....so does yzj...
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harley22ez
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19-May-2010 11:01     
 
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sold 20 lots liao...eat the dividend ;)

will buy back when timing is rite ..
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rickyw
Master
19-May-2010 08:47     
 
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Yells: "keep happy..."
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 Alert Admin 		agree....troops retreat....

harley22ez      ( Date: 19-May-2010 08:30) Posted:

baker doesnt seem to look good and when baker shares slides....so does yzj....

L.....      ( Date: 17-May-2010 17:21) Posted:

haha , not too sure, cos wont be sure unless u have a copy of the offer letter than baker accepted.. but i guess, like u go and buy a house, the seller accept the offer to purchase and back out, seller will kana from buyer..

so potentially, baker kana two times, once from scm, once from yzj.. think baker holders better run!!!!!! hahahhaa
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harley22ez
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19-May-2010 08:30     
 
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 Alert Admin 		baker doesnt seem to look good and when baker shares slides....so does yzj....

L.....      ( Date: 17-May-2010 17:21) Posted:

haha , not too sure, cos wont be sure unless u have a copy of the offer letter than baker accepted.. but i guess, like u go and buy a house, the seller accept the offer to purchase and back out, seller will kana from buyer..

so potentially, baker kana two times, once from scm, once from yzj.. think baker holders better run!!!!!! hahahhaa



tthsteve      ( Date: 17-May-2010 16:57) Posted:



you are right man.  On the contrary, YZJ may make some money if the seller cannot honour the

sale contract and may have to compensate hor.  
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L.....
Veteran
18-May-2010 16:00     
 
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 Alert Admin 		dont think it will happen today, we have to bear with it for another day

ozone2002      ( Date: 18-May-2010 15:30) Posted:



BREAK 1.35 AGAIN???????????????????

like the movie "ground hog day"...zzzzzzzzzzzz
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ozone2002
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18-May-2010 15:30     
 
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BREAK 1.35 AGAIN???????????????????

like the movie "ground hog day"...zzzzzzzzzzzz
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L.....
Veteran
18-May-2010 15:26     
 
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 Alert Admin 		wow, finally some action after sleeping in the morning haha
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L.....
Veteran
18-May-2010 14:55     
 
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 Alert Admin 		u mean the sleeping at bukit timah hill with cash or snakes captain???

Geneva88      ( Date: 18-May-2010 13:12) Posted:



Where is our captain? Got eaten by the sharks?


 
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CheongCK
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18-May-2010 14:36     
 
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WOW ! ! !



spider4079      ( Date: 18-May-2010 13:43) Posted:


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spider4079
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18-May-2010 13:43     
 
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Geneva88
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18-May-2010 13:12     
 
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Where is our captain? Got eaten by the sharks?


 
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L.....
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17-May-2010 17:21     
 
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haha , not too sure, cos wont be sure unless u have a copy of the offer letter than baker accepted.. but i guess, like u go and buy a house, the seller accept the offer to purchase and back out, seller will kana from buyer..

so potentially, baker kana two times, once from scm, once from yzj.. think baker holders better run!!!!!! hahahhaa



tthsteve      ( Date: 17-May-2010 16:57) Posted:



you are right man.  On the contrary, YZJ may make some money if the seller cannot honour the

sale contract and may have to compensate hor.  
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tthsteve
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17-May-2010 16:57     
 
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you are right man.  On the contrary, YZJ may make some money if the seller cannot honour the

sale contract and may have to compensate hor.  
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L.....
Veteran
17-May-2010 15:34     
 
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 Alert Admin 		relax, court case is between ppl holdings and scm, if scm wins, damages also paid by ppl holdings and baker tech, yzj will lose the deal, it does not harm yzj's core business of ship building... dont be too stressed haha

harley22ez      ( Date: 17-May-2010 15:30) Posted:

payment of the sum of S$59,433,522 and to order them to pay damages for disclosing or causing to disclose confidential information of PPL Shipyard Pte Ltd to Yangzijiang Shipbuilding (Holdings) Ltd in breach of the JVA.

the above doesnt sound too good...the shares seem to be sliding.



CheongCK      ( Date: 15-May-2010 23:20) Posted:

SEMBCORP MARINE LTD COMMENCES PROCEEDINGS AGAINST PPL HOLDINGS PTE LTD

 

Singapore, May 15, 2010 : The Company has today commenced proceedings in the High Court of Singapore against PPL Holdings Pte Ltd ("PPLH") and its wholly owned subsidiary E-Interface Holdings Limited ("E-Interface").

 

It has asked the High Court to rule that the Joint Venture Agreement between the Company and PPLH dated 9 April 2001 ("JVA") is no longer in force, to direct PPL Holdings and E-Interface to transfer the remaining 15 per cent of the shares in PPL Shipyard Pte Ltd to the Company against payment of the sum of S$59,433,522 and to order them to pay damages for disclosing or causing to disclose confidential information of PPL Shipyard Pte Ltd to Yangzijiang Shipbuilding (Holdings) Ltd in breach of the JVA.

 




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harley22ez
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17-May-2010 15:30     
 
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payment of the sum of S$59,433,522 and to order them to pay damages for disclosing or causing to disclose confidential information of PPL Shipyard Pte Ltd to Yangzijiang Shipbuilding (Holdings) Ltd in breach of the JVA.

the above doesnt sound too good...the shares seem to be sliding.



CheongCK      ( Date: 15-May-2010 23:20) Posted:

SEMBCORP MARINE LTD COMMENCES PROCEEDINGS AGAINST PPL HOLDINGS PTE LTD

 

Singapore, May 15, 2010 : The Company has today commenced proceedings in the High Court of Singapore against PPL Holdings Pte Ltd ("PPLH") and its wholly owned subsidiary E-Interface Holdings Limited ("E-Interface").

 

It has asked the High Court to rule that the Joint Venture Agreement between the Company and PPLH dated 9 April 2001 ("JVA") is no longer in force, to direct PPL Holdings and E-Interface to transfer the remaining 15 per cent of the shares in PPL Shipyard Pte Ltd to the Company against payment of the sum of S$59,433,522 and to order them to pay damages for disclosing or causing to disclose confidential information of PPL Shipyard Pte Ltd to Yangzijiang Shipbuilding (Holdings) Ltd in breach of the JVA.

 



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louis_leecs
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17-May-2010 11:57     
 
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Yells: "half cash"
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 Alert Admin 		no more thong liao,,,,,,,,,,,,,,,,becareful,,,,,,fund soon action
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louis_leecs
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17-May-2010 11:50     
 
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 Alert Admin 		shanghai 26000point very impotant,,,,,,,,,,,,,,,,,let see swift out fund action finish or not,,,,,,,or just start kick off before world club
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louis_leecs
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17-May-2010 11:25     
 
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ppl here hope for trading cancelle baker tech,,,,,,,,,,,,,,now look like so so expensive,,,,,,,,,,,,,,trader also try to support tis and gentine,,,,,,,,,,,,,,if tis two breakdowm mean fund already letgo other pofolio, like cosco,nol,noble,singtel,capitalland,,,,,,,,,,,,,,,they all down and top twenty at hight volume,,,,,,,,,,,sure fund cash in,,,,,,,,,,,,,,,becareful声东击C
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L.....
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17-May-2010 11:09     
 
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Bakers so insistent????

 

The Board wishes to reiterate that it has sought and received legal advice on the matters

stated above and that the legal counsels are of the view that SCM has no basis for its

claims. The Board will therefore be taking all appropriate steps to vigorously defend its

position.



L.....      ( Date: 17-May-2010 11:07) Posted:

BAKER TECHNOLOGY LIMITED

(Unique Entity Number 198100637D)

(Incorporated in the Republic of Singapore)

UPDATES IN RELATION TO THE PROPOSED DISPOSAL

The Board of Directors of Baker Technology Limited (the “

announcements dated 17 April 2010, 23 April 2010, 29 April 2010 and 13 May 2010 (the

“

Capitalised terms used in this announcement shall have the same meanings as defined

in the Earlier Announcements unless the context requires otherwise.

The Company would like to draw shareholders’ attention to the announcement made by

SCM on 15 May 2010 that it has commenced proceedings in the High Court of

Singapore against PPLH and its wholly owned subsidiary, E-Interface Holdings Limited

(“

Court to rule that the Joint Venture Agreement is no longer in force, to direct PPLH and

E-Interface to transfer the remaining 15% of the shares in PPL Shipyard to SCM against

payment of the sum of S$59,433,522 and to order them to pay damages for disclosing or

causing to disclose confidential information of PPL Shipyard to the Purchaser in breach

of the Joint Venture Agreement.

The Board wishes to reiterate that it has sought and received legal advice on the matters

stated above and that the legal counsels are of the view that SCM has no basis for its

claims. The Board will therefore be taking all appropriate steps to vigorously defend its

position.

The Company will keep Shareholders apprised of any material developments, where

appropriate.

By Order of the Board

Baker Technology Limited

Aw Seok Chin

Company Secretary

16 May 2010

Company”) refers to theEarlier Announcements”) in relation to the Proposed Disposal.E-Interface”). The announcement made by SCM stated that it has asked the High

CheongCK      ( Date: 16-May-2010 16:25) Posted:

Looks like SCM belief that YZJ already obtained what they, YZJ wants from Baker Tech.

Sounds like SCM belief that 15% of PPL Shipyard for US$155 million is just a payoff.
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L.....
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17-May-2010 11:07     
 
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BAKER TECHNOLOGY LIMITED

(Unique Entity Number 198100637D)

(Incorporated in the Republic of Singapore)

UPDATES IN RELATION TO THE PROPOSED DISPOSAL

The Board of Directors of Baker Technology Limited (the “

announcements dated 17 April 2010, 23 April 2010, 29 April 2010 and 13 May 2010 (the

“

Capitalised terms used in this announcement shall have the same meanings as defined

in the Earlier Announcements unless the context requires otherwise.

The Company would like to draw shareholders’ attention to the announcement made by

SCM on 15 May 2010 that it has commenced proceedings in the High Court of

Singapore against PPLH and its wholly owned subsidiary, E-Interface Holdings Limited

(“

Court to rule that the Joint Venture Agreement is no longer in force, to direct PPLH and

E-Interface to transfer the remaining 15% of the shares in PPL Shipyard to SCM against

payment of the sum of S$59,433,522 and to order them to pay damages for disclosing or

causing to disclose confidential information of PPL Shipyard to the Purchaser in breach

of the Joint Venture Agreement.

The Board wishes to reiterate that it has sought and received legal advice on the matters

stated above and that the legal counsels are of the view that SCM has no basis for its

claims. The Board will therefore be taking all appropriate steps to vigorously defend its

position.

The Company will keep Shareholders apprised of any material developments, where

appropriate.

By Order of the Board

Baker Technology Limited

Aw Seok Chin

Company Secretary

16 May 2010

Company”) refers to theEarlier Announcements”) in relation to the Proposed Disposal.E-Interface”). The announcement made by SCM stated that it has asked the High

CheongCK      ( Date: 16-May-2010 16:25) Posted:

Looks like SCM belief that YZJ already obtained what they, YZJ wants from Baker Tech.

Sounds like SCM belief that 15% of PPL Shipyard for US$155 million is just a payoff.



CheongCK      ( Date: 15-May-2010 23:20) Posted:

SEMBCORP MARINE LTD COMMENCES PROCEEDINGS AGAINST PPL HOLDINGS PTE LTD

 

Singapore, May 15, 2010 : The Company has today commenced proceedings in the High Court of Singapore against PPL Holdings Pte Ltd ("PPLH") and its wholly owned subsidiary E-Interface Holdings Limited ("E-Interface").

 

It has asked the High Court to rule that the Joint Venture Agreement between the Company and PPLH dated 9 April 2001 ("JVA") is no longer in force, to direct PPL Holdings and E-Interface to transfer the remaining 15 per cent of the shares in PPL Shipyard Pte Ltd to the Company against payment of the sum of S$59,433,522 and to order them to pay damages for disclosing or causing to disclose confidential information of PPL Shipyard Pte Ltd to Yangzijiang Shipbuilding (Holdings) Ltd in breach of the JVA.

 




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