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GenMag

Tan Jin San, 30 Mar 2010 SGX says it is delisting five companies on its watchlist. They are General Magnetics, Chuan Soon Huat, ASA Group, Fastech Synergy and Ionics EMS. The companies have registered financial losses for at least five successive years. They did not manage to turn their businesses around after two years and their market cap is less than S$10 mln each.

 

Delisting date is getting nearer. Last chance to buy

 

Yes, substantial holder has increased his stakes in the company recently.

Hulumas      ( Date: 12-Mar-2010 11:57) Posted: So, is it worth buying? ppdghius      ( Date: 12-Mar-2010 11:46) Posted: Company set to be delisted. With a nav of 0.2, the exit offer for shareholder willl be very attractive. Current trading price is less than 0.1

 

So, is it worth buying?

ppdghius      ( Date: 12-Mar-2010 11:46) Posted: Company set to be delisted. With a nav of 0.2, the exit offer for shareholder willl be very attractive. Current trading price is less than 0.1

 

Company set to be delisted. With a nav of 0.2, the exit offer for shareholder willl be very attractive. Current trading price is less than 0.1