Further information on the Incorporation is elaborated in Section (2) below. (2) ENTRY INTO A SHAREHOLDERS AGREEMENT WITH TEKNICAST SDN. BHD.
|
|
- Arnold Newman
- 5 years ago
- Views:
Transcription
1 PNE MICRON HOLDINGS LTD (Incorporated in the Republic of Singapore) Company Registration No M (1) INCORPORATION OF INDIRECT SUBSIDIARY PNE TEKNICAST SDN. BHD.; (2) ENTRY INTO A SHAREHOLDERS AGREEMENT WITH TEKNICAST SDN. BHD. ; AND (3) UPDATE ON USE OF PROCEEDS FROM THE PRIVATE PLACEMENT AND EXERCISE OF CALL OPTIONS (1) INCORPORATION OF NEW SUBSIDIARY The Board of Directors (the Board or the Directors ) of PNE Micron Holdings Ltd (the Company, and together with its subsidiaries, the Group ), is pleased to announce that the Company s wholly-owned subsidiary, PNE-Sino Pte. Ltd. ( PNE- Sino ) had on 23 August 2013 together with a third party, Teknicast Sdn. Bhd. ( Teknicast ), incorporated a new subsidiary known as PNE Teknicast Sdn. Bhd. ( PNE Teknicast ) in Malaysia with an initial issued and paid-up capital of RM100equivalent to approximately S$39) (the Incorporation ). Following the Incorporation, PNE Teknicast has become an indirect subsidiary of the Company. PNE Teknicast will be principally involved in the provision of spray-painting, powder coating, organic coating, metallic-finishing-technology coating, silk-screening, and other related secondary processes and operations. End markets to be serviced will include the oil and gas industry. Further information on the Incorporation is elaborated in Section (2) below. (2) ENTRY INTO A SHAREHOLDERS AGREEMENT WITH TEKNICAST SDN. BHD. The Board of Directors of the Company wishes to further announce that the Company s wholly-owned subsidiary, PNE-Sino has on 8 October 2013, entered into a shareholders agreement (the Shareholders Agreement ) with Teknicast to participate in a new investment company, PNE Teknicast to carry out the business of spray-painting of aluminum casting components that are complementary to Teknicast s high pressure precision die-casting activities ( Joint Venture ). Teknicast is currently primarily engaged in precision aluminium die-casting and machining activities in West Malaysia, with extensive experience in serving global multinational customers supplying to a range of industry segments for the last 30 years. The Joint Venture is in the ordinary course of the Company s business and the 1
2 rationale for the Joint Venture is to enable the Company to expand its service market to include the oil and gas industry sector. Teknicast is a 100% wholly-owned subsidiary of Teknicast Holdings Sdn Bhd. Pursuant to the Shareholders Agreement, the authorised, issued and paid-up capital of PNE Teknicast shall be RM5.0 million (equivalent to approximately S$1.9 million) divided into 5,000,000 ordinary shares in the capital of PNE-Teknicast ( Shares ) at RM1.00 each. PNE-Sino and Teknicast (collectively the Parties, and each a Party ) will subscribe for the following number of Shares as set out below: Party No. of Shares Shareholding Percentage PNE-Sino 3,000,000 Shares 60% Teknicast 2,000,000 Shares 40% Total 5,000,000 Shares 100% The initial issued and paid-up capital of PNE Teknicast is RM100 (equivalent to approximately S$39) comprising of 100 Shares of RM1 each. The Parties will gradually increase the issued and paid-up capital of PNE Teknicast from RM100 to RM5.0 million within the next few months after the signing of the Shareholders Agreement. PNE-Sino s investment of RM3.0 million (equivalent to approximately S$1.2 million) representing 60% of the issued and paid-up capital of PNE Teknicast ( Investment in PNE Teknicast ) will be funded by the proceeds from the Private Placement (as defined below) and exercise of Call Options (as defined below), as further elaborated in Section (3) below. Other salient terms of the Shareholders Agreement include, inter alia, the following:- (i) (ii) The total number of directors holding office shall consist of five (5) Directors. PNE-Sino and Teknicast shall be entitled to appoint three (3) and two (2) directors to the board of directors of PNE Teknicast respectively; The Chairman of the Board of Directors of PNE Teknicast ( Board of PNE Teknicast ) shall be a director appointed by PNE-Sino. As of the date of entry into the Shareholders Agreement, the Chairman of the Board shall be Mr Tan Kong Sin (Chief Executive Officer and Director of the Company); (iii) The appointment of Managing Director/ General Manager/ Chief Executive Officer for PNE Teknicast shall be a matter for the Board of PNE Teknicast as a whole; (iv) No party shall sell all or any part of its Shares, except in the event that either Party ( Offeror ) desires to purchase all of the Shares for cash from the other Party ( Offeree ), the Offeror shall send to the Offeree, a written offer ( Offer ) with the specified price for the Shares. The Offeree shall, within thirty (30) days of the receipt of the Offer, (a) accept the Offer, or (b) deliver to the Offeror a 2
3 counter-offer ( Counter-Offer ), to purchase the Offeror s Shares. If the Offeree neither accepts the Offer, nor delivers a Counter-Offer within such ninety (90) day period, the Offeree shall be deemed to have accepted the Offer and shall sell all its Shares according to the Offer. (v) If a Party proposes to sell or transfer the Shares to a third party, it shall first make an offer to the other Party. The offer shall remain valid for at least ninety days (90) days. The Incorporation and the Joint Venture are not expected to have any material impact on the earnings per share and net tangible assets per share of the Group for the current financial year ending 30 September None of the directors or controlling shareholders of the Company has any interest, direct or indirect, in the above Incorporation and the Joint Venture other than through their shareholdings in the Company. A copy of the Shareholders Agreement is available for inspection at the registered office of the Company at 996, Bendemeer Road, #07-06, Singapore during normal business hours for a period of 3 months from the date of this announcement. (3) UPDATE ON USE OF PROCEEDS FROM THE PRIVATE PLACEMENT AND EXERCISE OF CALL OPTIONS The Company had on 20 December 2012, entered into a subscription agreement for the issue and allotment of 85,500,000 new shares in the capital of the Company ( New Share(s) ) ( Private Placement ) and call option agreements for the issue and allotment of up to 57,500,000 New Shares ( Call Options ) at an issue and exercise price of S$0.036 per New Share. The Private Placement and grant of Call Options were completed on 7 January 2013, whereby 85,500,000 New Shares were allotted and issued to eleven subscribers and 57,500,000 Call Options were granted to nine subscribers. As at the date of this announcement, 54,500,000 Call Options have been exercised and there are 3,000,000 outstanding Call Options. With regards to the intended use of the proceeds from the Private Placement and exercise of Call Options, the Board wishes to update that the Company had decided to re-deploy the sum of S$1.2 million out of S$4.8 million which was earlier intended for the purposes of funding new potential investments and business through acquisitions, joint ventures and collaboration in businesses involving the trading of resources as and when the opportunities arise, for the Investment in PNE Teknicast pursuant to the Joint Venture. 3
4 The Board believes that the Joint Venture will be able to further enhance the Group s continued and long-term growth and expansion objective. In addition, the redeployment of the S$1.2 million for the Investment in PNE Teknicast would also eliminate the requirement for the Group to seek additional financing and borrowings from financial institutions for the Joint Venture. Pursuant to the above, the following table shows an update on the use of the proceeds from the Private Placement and exercise of Call Options, as at the date of this announcement:- Intended Use Of Proceeds Private Placement and Exercise of Call Options Proceeds Status Of Use Amount Utilised To-Date Balance 1. Fund new investments Redeployment of S$1.2 million and businesses 4,800 for the Investment in PNE involving the trading of Teknicast resources (1,200) 3, Expenses incurred in connection with the 240 Utilised for intended use (230) 10 Private Placement and exercise of Call Options Total 5,040 (1,430) 3,610 The Company will make further announcements via SGXNET as and when the remaining proceeds from the Private Placement and Exercise of Call Options are materially disbursed. By Order of the Board Tan Tee Ching 4
5 Company Secretary 8 October 2013 This announcement has been prepared by the Company and its contents have been reviewed by the Company s sponsor, PrimePartners Corporate Finance Pte. Ltd. ( Sponsor ), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the SGX-ST ). The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr. Mark Liew, Managing Director, Corporate Finance, at 20 Cecil Street, #21-02 Equity Plaza, Singapore , telephone (65)
WE HOLDINGS LTD. (Company Registration No D) (Incorporated in the Republic of Singapore) ( Company )
WE HOLDINGS LTD. (Company Registration No. 198600445D) (Incorporated in the Republic of Singapore) ( Company ) (I) PROPOSED RENOUNCEABLE UNDERWRITTEN RIGHTS CUM WARRANTS ISSUE (II) PROPOSED NEW BUSINESS
More informationCHARISMA ENERGY SERVICES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: D)
CHARISMA ENERGY SERVICES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: 199706776D) THE PROPOSED ISSUANCE OF 200,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF CHARISMA ENERGY
More informationREX INTERNATIONAL HOLDING LIMITED (the Company ) (Company Number: M) (Incorporated in the Republic of Singapore)
REX INTERNATIONAL HOLDING LIMITED (the Company ) (Company Number: 201301242M) (Incorporated in the Republic of Singapore) PROPOSED PRIVATE PLACEMENT OF UP TO 168,000,000 NEW ORDINARY SHARES IN THE CAPITAL
More informationASIAN MICRO HOLDINGS LIMITED COMPANY REGISTRATION NO: K
ASIAN MICRO HOLDINGS LIMITED COMPANY REGISTRATION NO: 199701052K PROPOSED PLACEMENT OF 40,000,000 ORDINARY SHARES IN THE CAPITAL OF ASIAN MICRO HOLDINGS LIMITED 1. INTRODUCTION The Board of Directors (the
More informationJUBILEE INDUSTRIES HOLDINGS LTD. (Company Registration No H) (Incorporated in the Republic of Singapore) ACQUISITION OF COMPANIES
JUBILEE INDUSTRIES HOLDINGS LTD. (Company Registration No. 200904797H) (Incorporated in the Republic of Singapore) ACQUISITION OF COMPANIES Unless otherwise specified herein or where the context otherwise
More informationALLIED TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No E)
ALLIED TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 199004310E) PROPOSED PLACEMENT OF UP TO 675,164,460 NEW ORDINARY SHARES IN THE CAPITAL OF ALLIED TECHNOLOGIES
More informationPROPOSED PLACEMENT OF 28,803,000 NEW ORDINARY SHARES IN THE CAPITAL OF TRITECH GROUP LIMITED
PROPOSED PLACEMENT OF 28,803,000 NEW ORDINARY SHARES IN THE CAPITAL OF 1. Introduction 1.1 The Board of Directors (the "Directors") of Tritech Group Limited (the Company and together with its subsidiaries,
More informationPROPOSED SUBSCRIPTION OF 27,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE ISSUE PRICE OF S$0.065 PER SHARE
(Incorporated in the Republic of Singapore) Company Registration No. 200509967G This announcement has been prepared by the Company and its contents have been reviewed by the Company s sponsor, PrimePartners
More informationTHE TRENDLINES GROUP LTD. (the Company ) (Company Number: ) (Incorporated in Israel)
THE TRENDLINES GROUP LTD. (the Company ) (Company Number: 513970947) (Incorporated in Israel) PROPOSED PLACEMENT OF UP TO 100,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE TRENDLINES GROUP LTD. ("THE
More informationPART 2: LOAN FROM DIRECTOR AND CONTROLLING SHAREHOLDER
PLATO CAPITAL LIMITED PART 1: JOINT INVESTMENT IN MONTECO HOLDINGS LIMITED PART 2: LOAN FROM DIRECTOR AND CONTROLLING SHAREHOLDER Further to the announcements on 16 February 2013 and 26 March 2013, the
More informationGeneral Announcement::Joint Venture with New Hope Grp to invest in the developme...
General Announcement::Joint Venture with New Hope Grp to invest in the developme... http://infopub.sgx.com/apps?a=cow_corpannouncement_content&b=announcem... Page 1 of 1 12/2/2015 General Announcement::Joint
More informationPLATO CAPITAL LIMITED
PLATO CAPITAL LIMITED PROPOSED SHARES ACQUSITION AND PROPOSED RCULS ISSUE AS AN INTERESTED PERSON TRANSACTION The Board of Directors of Plato Capital Limited (the Company, together with its subsidiaries,
More informationPNE Micron Holdings Ltd Annual Report
PNE Micron Holdings Ltd 996 Bendemeer Road #07-06 B-Central Singapore 339944 Tel: (65) 6291 0698 Fax: (65) 6295 0932 Website: http://www.pne.com.sg Company registration number: 200105909M PNE Micron Holdings
More information- PROPOSED ACQUSITION OF ENTIRE EQUITY INTEREST IN B.A.C.S. PRIVATE LIMITED
Incorporated in Labuan, Malaysia Company Registration No. LL07968 UPDATE ANNOUNCEMENT - PROPOSED ACQUSITION OF ENTIRE EQUITY INTEREST IN B.A.C.S. PRIVATE LIMITED Unless otherwise defined, all capitalized
More informationADVANCED SYSTEMS AUTOMATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No M) (the Company )
Asset Acquisitions and Disposals::PROPOSED ACQUISITION OF COMPANIES http://infopub.sgx.com/apps?a=cow_corpannouncement_content&b=announceme... Page 1 of 1 4/9/2018 Asset Acquisitions and Disposals::PROPOSED
More informationJK TECH HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No H)
JK TECH HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 200310813H) PROPOSED PLACEMENT OF 150,000,000 ORDINARY SHARES IN THE CAPITAL OF JK TECH HOLDINGS LIMITED 1.
More information(Incorporated in the Republic of Singapore) (Company Registration No H)
(Incorporated in the Republic of Singapore) (Company Registration No. 200613299H) DISPOSAL OF SUBSIDIARY ELITE BAY SDN BHD 1. INTRODUCTION The Board of Directors ( Board ) of Sino Construction Limited
More informationSEN YUE HOLDINGS LIMITED (formerly known as PNE Micron Holdings Ltd) Registration Number M (Incorporated in the Republic of Singapore)
SEN YUE HOLDINGS LIMITED (formerly known as PNE Micron Holdings Ltd) Registration Number 200105909M (Incorporated in the Republic of Singapore) PROPOSED ACQUISITION OF BALANCE 50% SHAREHOLDING INTEREST
More informationWILTON RESOURCES CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: D) (the Company )
WILTON RESOURCES CORPORATION LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: 200300950D) (the Company ) PROPOSED PLACEMENT OF 150,000,000 NEW ORDINARY SHARES IN THE CAPITAL
More informationPROPOSED PLACEMENT OF 26,000,000 NEW ORDINARY SHARES IN THE SHARE CAPITAL OF VIBRANT GROUP LIMITED (THE "COMPANY") AT THE ISSUE PRICE OF S$0
PROPOSED PLACEMENT OF 26,000,000 NEW ORDINARY SHARES IN THE SHARE CAPITAL OF VIBRANT GROUP LIMITED (THE "COMPANY") AT THE ISSUE PRICE OF S$0.38 FOR EACH NEW SHARE 1. INTRODUCTION 1.1 The Board of Directors
More informationE.A. TECHNIQUE (M) BERHAD ( EAT OR THE COMPANY )
E.A. TECHNIQUE (M) BERHAD ( EAT OR THE COMPANY ) JOINT-VENTURE & SHAREHOLDERS AGREEMENT BETWEEN EAT, MTC ENGINEERING SDN. BHD AND EAT MTC FLOATING SERVICES SDN. BHD. CONTENTS: 1. INTRODUCTION The Board
More informationSINCAP GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: G)
SINCAP GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: 201005161G) PROPOSED PLACEMENT OF 36,666,000 NEW ORDINARY SHARES IN THE CAPITAL OF SINCAP GROUP LIMITED 1. INTRODUCTION
More informationPROPOSED SUBSCRIPTION OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN ENERGISER ENTERPRISE SDN BHD
GRP LIMITED (Company Registration Number 197701449C) (Incorporated in the Republic of Singapore) PROPOSED SUBSCRIPTION OF REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN ENERGISER ENTERPRISE SDN BHD 1. INTRODUCTION
More informationACQUISITION OF THE REMAINING ORDINARY SHARES IN THE SHARE CAPITAL OF JEP PRECISION ENGINEERING PTE LTD
JEP HOLDINGS LTD. (Incorporated in the Republic of Singapore on 12 March 1994) (Company Registration No.: 199401749E) ACQUISITION OF THE REMAINING ORDINARY SHARES IN THE SHARE CAPITAL OF JEP PRECISION
More information(Company Registration No.: G) (Incorporated in Singapore)
(Company Registration No.: 191200018G) (Incorporated in Singapore) THE PROPOSED OFFERING AND LISTING OF THE ENGINEERING AND CONSTRUCTION BUSINESS OF UNITED ENGINEERS LIMITED 1. Introduction The Board of
More informationCHARISMA ENERGY SERVICES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No D)
CHARISMA ENERGY SERVICES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 199706776D) (A) PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 1,463,211,911 WARRANTS
More informationICP LTD. Company Registration No E (Incorporated in the Republic of Singapore)
ICP LTD. Company Registration No. 196200234E (Incorporated in the Republic of Singapore) PROPOSED INVESTMENT IN A HOTEL 1. Introduction The board of directors (the Board or the Directors ) of ICP Ltd (the
More informationSINCAP GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: G)
SINCAP GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No.: 201005161G) PROPOSED PLACEMENT OF UP TO 450,250,000 NEW ORDINARY SHARES IN THE CAPITAL OF SINCAP GROUP LIMITED
More informationCHANGE IN CAPITAL :: PLACEMENT :: PROPOSED PLACEMENT OF 10,000,000 NEW ORDINARY SHARES DRAGON GROUP INTL LIMITED C DRAGON GROUP INTL LIMITED
CHANGE IN CAPITAL :: PLACEMENT :: PROPOSED PLACEMENT OF 10,000,000 NEW ORDINARY SHARES Like 0 0 0 * Asterisks denote mandatory information Name of Announcer * Company Registration No. Announcement submitted
More informationJB FOODS LIMITED (Company Registration No D) (Incorporated in the Republic of Singapore)
JB FOODS LIMITED (Company Registration No. 201200268D) (Incorporated in the Republic of Singapore) PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 75,799,991 NEW ORDINARY SHARES IN THE CAPITAL
More informationCH OFFSHORE LTD PROPOSED TRANSACTIONS
CH OFFSHORE LTD (Incorporated in the Republic of Singapore) Company Registration No. 197600666D PROPOSED TRANSACTIONS 1. INTRODUCTION 1.1 Proposed Transactions. The Board of Directors of CH Offshore Ltd
More informationTAI SIN ELECTRIC LIMITED (Incorporated in the Republic of Singapore on 4 January 1980) (Company Registration No W)
TAI SIN ELECTRIC LIMITED (Incorporated in the Republic of Singapore on 4 January 1980) (Company Registration No. 198000057W) ACQUISITION BY TAI SIN ELECTRIC LIMITED OF 52.5% OF THE ISSUED SHARE CAPITAL
More informationPAN ASIAN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. : N)
PAN ASIAN HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. : 197902790N) DISPOSAL OF SUBSIDIARY DWK VALVES (TIANJIN) CO., LIMITED Introduction The Board of Directors
More informationDISPOSAL BY THE GROUP OF 50% OF THE TOTAL ISSUED AND PAID-UP SHARE CAPITAL OF PT OASIS WATERS INTERNATIONAL
HYFLUX LTD (Incorporated in the Republic of Singapore) (Registration No. 200002722Z) DISPOSAL BY THE GROUP OF 50% OF THE TOTAL ISSUED AND PAID-UP SHARE CAPITAL OF PT OASIS WATERS INTERNATIONAL 1. INTRODUCTION
More informationANNICA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No N)
ANNICA HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 198304025N) THE PROPOSED DEBT CONVERSION AND THE PROPOSED GRANT OF OPTIONS TO SUBSCRIBE FOR SHARES IN ANNICA
More informationEZION HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No E)
EZION HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No 199904364E) THE PROPOSED ISSUANCE OF 96,153,000 NEW ORDINARY SHARES IN THE CAPITAL OF EZION HOLDINGS LIMITED
More informationHALCYON AGRI CORPORATION LIMITED Company Registration No D (Incorporated in the Republic of Singapore)
HALCYON AGRI CORPORATION LIMITED Company Registration No. 200504595D (Incorporated in the Republic of Singapore) PROPOSED ACQUISITION OF CENTROTRADE RUBBER GROUP 1. INTRODUCTION Further to the announcements
More informationBANYAN TREE HOLDINGS LIMITED (Company Registration Number H) SIGNING AND COMPLETION OF THE TRANSACTION WITH CHINA VANKE CO.
BANYAN TREE HOLDINGS LIMITED (Company Registration Number 200003108H) SIGNING AND COMPLETION OF THE TRANSACTION WITH CHINA VANKE CO., LTD 1. Introduction Banyan Tree Holdings Limited ( BTH, and together
More informationMSM INTERNATIONAL LIMITED (Incorporated in Singapore) (Company Registration No.: R)
MSM INTERNATIONAL LIMITED (Incorporated in Singapore) (Company Registration No.: 200918800R) PROPOSED TRANSACTIONS RELATING TO WHOLLY-OWNED SUBSIDIARY, MARC CONLETH INDUSTRIES SDN BHD 1. INTRODUCTION The
More informationBOLDTEK HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No D)
BOLDTEK HOLDINGS LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 201224643D) PROPOSED PLACEMENT OF 15,625,000 NEW ORDINARY SHARES IN THE SHARE CAPITAL OF BOLDTEK HOLDINGS
More informationNAM CHEONG LIMITED (Company Registration No ) (Incorporated in Bermuda)) ANNOUNCEMENT
NAM CHEONG LIMITED (Company Registration No. 25458) (Incorporated in Bermuda)) ANNOUNCEMENT 1. PROPOSED CAPITAL REORGANISATION 2. PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE 1 INTRODUCTION 1.1.
More informationCEDAR STRATEGIC HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration No Z)
CEDAR STRATEGIC HOLDINGS LTD. (Incorporated in the Republic of Singapore) (Company Registration No. 198003839Z) CONVERTIBLE LOAN FROM CONTROLLING SHAREHOLDER 1. INTRODUCTION The Board of Directors (the
More informationCFM HOLDINGS LIMITED (Incorporated in Singapore under Registration No R)
CFM HOLDINGS LIMITED (Incorporated in Singapore under Registration No. 200003708R) DISPOSAL OF ALL OF THE SHARES IN HANTONG METAL COMPONENT (KL) SDN. BHD. 1. INTRODUCTION The Board of Directors of CFM
More informationCHANGE IN CAPITAL :: PLACEMENT :: PROPOSED PLACEMENT OF 30,000,000 NEW ORDINARY SHARES DRAGON GROUP INTL LIMITED C DRAGON GROUP INTL LIMITED
CHANGE IN CAPITAL :: PLACEMENT :: PROPOSED PLACEMENT OF 30,000,000 NEW ORDINARY SHARES Like 0 0 * Asterisks denote mandatory information Name of Announcer * Company Registration No. Announcement submitted
More informationTHE CORPORATE REORGANISATION AND PROPOSED LISTING OF THE SUBSEA SERVICES BUSINESS OF SWIBER HOLDINGS LIMITED ( SWIBER OR THE COMPANY )
THE CORPORATE REORGANISATION AND PROPOSED LISTING OF THE SUBSEA SERVICES BUSINESS OF SWIBER HOLDINGS LIMITED ( SWIBER OR THE COMPANY ) 1. INTRODUCTION Further to the announcement on 13 May 2010 on the
More informationDECLOUT LIMITED (Incorporated in the Republic of Singapore on 21 August 2010) (Registration No W)
DECLOUT LIMITED (Incorporated in the Republic of Singapore on 21 August 2010) (Registration No. 201017764W) PROPOSED ACQUISITION OF 30.0% INTERESTS OF VCARGO CLOUD PTE. LTD. 1. INTRODUCTION The board of
More informationAxcelasia Inc. (Incorporated in Labuan) (Company Registration No. LL12218)
Axcelasia Inc. (Incorporated in Labuan) (Company Registration No. LL12218) Unaudited Financial Statement and Dividend Announcement For the Financial Year Ended 31 December 2015 Axcelasia Inc. (the "Company")
More informationSHS HOLDINGS LTD. (Company Registration Number Z) (Incorporated in the Republic of Singapore)
SHS HOLDINGS LTD. (Company Registration Number 197502208Z) (Incorporated in the Republic of Singapore) PROPOSED ACQUISITION OF SHARES IN (1) TLC MODULAR CONSTRUCTION JOINT STOCK COMPANY, VIETNAM ( TLC
More informationPROPOSED GRANT OF A CONVERTIBLE LOAN OF AN AMOUNT OF S$1.45 MILLION
(Company Registration No.: 201119104K) PROPOSED GRANT OF A CONVERTIBLE LOAN OF AN AMOUNT OF S$1.45 MILLION Introduction The board of Directors of CNMC Goldmine Holdings Limited (the Company, and together
More informationDECLOUT LIMITED (Incorporated in the Republic of Singapore on 21 August 2010) (Company Registration No W)
DECLOUT LIMITED (Incorporated in the Republic of Singapore on 21 August 2010) (Company Registration No. 201017764W) PROPOSED ACQUISITION OF ASIA WIRING SYSTEMS PTE LTD 1. INTRODUCTION The board of directors
More informationPROPOSED ACQUISITION OF 51.0% OF THE ENTIRE ISSUED SHARE CAPITAL IN MEDICAL L & C SERVICES PTE. LTD.
HC SURGICAL SPECIALISTS LIMITED Incorporated in the Republic of Singapore Registration No. 201533429G PROPOSED ACQUISITION OF 51.0% OF THE ENTIRE ISSUED SHARE CAPITAL IN MEDICAL L & C SERVICES PTE. LTD.
More informationQUALITAS MEDICAL GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No H)
QUALITAS MEDICAL GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 200717959H) This announcement and its contents have been reviewed by the Company's sponsor, United Overseas
More informationCNMC JOINT VENTURES WITH PERAK STATE GOVERNMENT TO EXPLORE TIN MINING
6 December 2013 Company Registration No.: 201119104K PRESS RELEASE CNMC JOINT VENTURES WITH PERAK STATE GOVERNMENT TO EXPLORE TIN MINING Highlights: Having recorded its highest gold production output in
More informationSUNNINGDALE TECH LTD. (Company registration number R) (Incorporated in the Republic of Singapore)
SUNNINGDALE TECH LTD. (Company registration number 199508621R) (Incorporated in the Republic of Singapore) PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID UP CAPITAL OF ANCHORAGE SINGAPORE HOLDINGS
More informationASIAPHOS LIMITED Company Registration No G (Incorporated in the Republic of Singapore)
ASIAPHOS LIMITED Company Registration No. 201200335G (Incorporated in the Republic of Singapore) (1) REDEMPTION OF THE 7,000,000 REDEEMABLE PREFERENCE SHARES IN THE CAPITAL OF ASIAPHOS RESOURCES PTE. LTD.
More informationICP LTD. Company Registration No E (Incorporated in Singapore)
ICP LTD. Company Registration No. 196200234E (Incorporated in Singapore) (A) (B) PROPOSED ACQUISITION OF A HOTEL PROPERTY PROPOSED PURCHASE OF SHARES IN GEO HOTEL SDN. BHD. 1. Introduction The Board of
More informationHATTEN LAND LIMITED (formerly known as VGO Corporation Limited) (Incorporated in the Republic of Singapore) (Company Registration No.
HATTEN LAND LIMITED (formerly known as VGO Corporation Limited) (Incorporated in the Republic of Singapore) (Company Registration No. 199301388D) THE PROPOSED ACQUISITIONS OF THE ENTIRE ISSUED AND PAID
More informationSINGAPORE POST LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: M)
SINGAPORE POST LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: 199201623M) STRENGTHENING OF ECOMMERCE PARTNERSHIP WITH ALIBABA GROUP HOLDING LIMITED - JOINT VENTURE AGREEMENT
More informationADDVALUE TECHNOLOGIES LTD
ADDVALUE TECHNOLOGIES LTD (Incorporated in the Republic of Singapore) (Company Registration No. 199603037H) PROPOSED PLACEMENT OF 103,800,000 NEW ORDINARY SHARES IN THE CAPITAL OF ADDVALUE TECHNOLOGIES
More informationSINCAP GROUP LIMITED (Incorporated in the Republic of Singapore on 10 March 2010) (Company Registration No G)
SINCAP GROUP LIMITED (Incorporated in the Republic of Singapore on 10 March 2010) (Company Registration No. 201005161G) PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 2,603,350,000 NEW ORDINARY
More informationPLACEMENT (THE "PLACEMENT") OF 550,000,000 NEW ORDINARY SHARES (THE "PLACEMENT SHARES") IN THE CAPITAL OF VALLIANZ HOLDINGS LIMITED
PLACEMENT (THE "PLACEMENT") OF 550,000,000 NEW ORDINARY SHARES (THE "PLACEMENT SHARES") IN THE CAPITAL OF VALLIANZ HOLDINGS LIMITED 1. INTRODUCTION The directors (the "Directors") of Vallianz Holdings
More informationDUTY FREE INTERNATIONAL LIMITED (Registration No E)
DUTY FREE INTERNATIONAL LIMITED (Registration No. 200102393E) PLACEMENT OF AN AGGREGATE OF 5,500,000 TREASURY SHARES IN THE CAPITAL OF THE COMPANY 1. INTRODUCTION Pursuant to Rule 704(31) and Rule 810(1)
More information(Incorporated in Singapore) (Company Registration No W)
(Incorporated in Singapore) (Company Registration No. 200916763W) MEMORANDUM OF UNDERSTANDING IN RELATION TO, INTER ALIA, THE PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF CANASEA
More informationPENTAMASTER CORPORATION BERHAD ( PCB OR THE COMPANY )
PENTAMASTER CORPORATION BERHAD ( PCB OR THE COMPANY ) PROPOSED LISTING OF THE COMPANY S AUTOMATED SOLUTION BUSINESS ON THE MAIN BOARD OF THE STOCK EXCHANGE OF HONG KONG LIMITED ( HKEX ) ( PROPOSED LISTING
More informationProposed Merger Of Kay Hian Holdings Limited, UOB Securities Pte Ltd And Overseas Stockbroking Interests
Proposed Merger Of Kay Hian Holdings Limited, UOB Securities Pte Ltd And Overseas Stockbroking Interests Introduction The Board of Directors of United Overseas Bank Limited (UOB) is pleased to announce
More informationTT INTERNATIONAL LIMITED (Incorporated in Singapore) (Company Registration Number: D)
TT INTERNATIONAL LIMITED (Incorporated in Singapore) (Company Registration Number: 198403771D) (A) PROPOSED ACQUISITION OF CERTAIN ASSETS (THE PROPOSED ACQUISITION ) 1. INTRODUCTION The Board of Directors
More informationSEN YUE HOLDINGS LIMITED RCB REG. NO: M
SEN YUE HOLDINGS LIMITED RCB REG. NO: 200105909M Full Year Financial Statements and Dividend Announcement for the Financial Year Ended 30 September 2016 ( FY2016 ) PART 1 INFORMATION REQUIRED FOR QUARTERLY
More informationADVANCE SCT LIMITED (Company Registration No.: C) (the Company )
ADVANCE SCT LIMITED (Company Registration No.: 200404283C) (the Company ) PROPOSED ACQUISITION OF SOON SING METAL TRADING SDN BHD, 49.9% OF PAID-UP SHARE CAPITAL OF NEW TSINGYI PTE LTD AND PROPOSED SETTLEMENT
More informationOLS ENTERPRISE LTD. (incorporated in the Republic of Singapore on 24 July 1968) (Company Registration Number: E)
OLS ENTERPRISE LTD. (incorporated in the Republic of Singapore on 24 July 1968) (Company Registration Number: 196800320E) THE PROPOSED ACQUISITION OF THE ENTIRE ISSUED AND PAID UP SHARES IN THE SHARE CAPITAL
More informationREX INTERNATIONAL HOLDING LIMITED (the Company ) (Company Number: M) (Incorporated in the Republic of Singapore)
REX INTERNATIONAL HOLDING LIMITED (the Company ) (Company Number: 201301242M) (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General
More informationPROPOSED SUBSCRIPTION OF SHARES IN CUSTODIO TECHNOLOGIES PTE. LTD.
(Incorporated in the Republic of Singapore on 14 August 2015) (Company Registration Number: 201531866K) PROPOSED SUBSCRIPTION OF SHARES IN CUSTODIO TECHNOLOGIES PTE. LTD. Where capitalised terms are used
More informationOCEAN SKY INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No E)
OCEAN SKY INTERNATIONAL LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 198803225E) PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS CUM WARRANTS ISSUE OF UP TO 162,470,151 NEW
More informationSINJIA LAND LIMITED (Incorporated in the Singapore on 26 February 2004) (Company Registration No C)
SINJIA LAND LIMITED (Incorporated in the Singapore on 26 February 2004) (Company Registration No. 200402180C) PROPOSED PLACEMENT OF AN AGGREGATE OF 35,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF SINJIA
More informationIPS SECUREX HOLDINGS LIMITED (Company Registration No H) (Incorporated in Singapore)
IPS SECUREX HOLDINGS LIMITED (Company Registration No. 201327639H) (Incorporated in Singapore) PROPOSED SUBSCRIPTION OF 6,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF IPS SECUREX HOLDINGS LIMITED AT A
More informationMM2 ASIA LTD. (Incorporated in Singapore) (Registration No N)
MM2 ASIA LTD. (Incorporated in Singapore) (Registration No. 201424372N) PROPOSED ISSUE BY MM2 ENTERTAINMENT PTE LTD OF UP TO S$2,600,000 IN AGGREGATE PRINCIPAL AMOUNT OF EXCHANGEABLE NOTES, WITH A GREENSHOE
More informationACQUISITION OF 50% INTEREST IN PT OASIS WATERS INTERNATIONAL
HYFLUX LTD Company Registration No.: 200002722Z (Incorporated in the Republic of Singapore) ACQUISITION OF 50% INTEREST IN PT OASIS WATERS INTERNATIONAL 1. INTRODUCTION Hyflux Ltd ( Hyflux and together
More informationCONTINUING CONNECTED TRANSACTIONS ZOUK GENTING MANAGEMENT AGREEMENT AND ZOUK IP LICENCE AGREEMENT
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness
More informationSHARE ISSUANCE FOR DEBT CAPITALISATION AND CASH
SINO CONSTRUCTION LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 200613299H) SHARE ISSUANCE FOR DEBT CAPITALISATION AND CASH I. Introduction The Company has today entered
More informationACCRELIST LTD. ( 亚连盛有限公司 ) (Company Registration No D) (Incorporated in the Republic of Singapore) CONVERTIBLE LOAN AGREEMENT
ACCRELIST LTD. ( 亚连盛有限公司 ) (Company Registration No. 198600445D) (Incorporated in the Republic of Singapore) CONVERTIBLE LOAN AGREEMENT Unless otherwise specified herein or where the context otherwise
More informationGLOBAL YELLOW PAGES LIMITED (Company Registration No G) (Incorporated in the Republic of Singapore)
GLOBAL YELLOW PAGES LIMITED (Company Registration No. 200304719G) (Incorporated in the Republic of Singapore) PROPOSED PLACEMENT OF 34,076,000 NEW ORDINARY SHARES IN THE CAPITAL OF GLOBAL YELLOW PAGES
More informationDUTY FREE INTERNATIONAL LIMITED (Registration No E)
DUTY FREE INTERNATIONAL LIMITED (Registration No. 200102393E) PROPOSED ISSUANCE OF AN AGGREGATE OF 39,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY 1. INTRODUCTION The board of directors (the
More informationADDVALUE TECHNOLOGIES LTD
ADDVALUE TECHNOLOGIES LTD (Incorporated in the Republic of Singapore) (Company Registration No. 199603037H) PROPOSED PLACEMENT OF 100,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF ADDVALUE TECHNOLOGIES
More informationKHONG GUAN FLOUR MILLING LIMITED Company Registration No G (Incorporated in the Republic of Singapore)
KHONG GUAN FLOUR MILLING LIMITED Company Registration No. 196000096G (Incorporated in the Republic of Singapore) PROPOSED DISPOSAL OF THE LONG-TERM QUOTED EQUITY INVESTMENT IN UNITED MALAYAN LAND BHD 1.
More informationSALE AND LEASE-BACK OF 80 BENDEMEER ROAD, HYFLUX INNOVATION CENTRE, SINGAPORE
HYFLUX LTD Company Registration No.: 200002722Z (Incorporated in the Republic of Singapore) SALE AND LEASE-BACK OF 80 BENDEMEER ROAD, HYFLUX INNOVATION CENTRE, SINGAPORE 339949 1. INTRODUCTION Hyflux Ltd
More informationEDITION LTD. (Incorporated in the Republic of Singapore) (Registration No E)
EDITION LTD. (Incorporated in the Republic of Singapore) (Registration No. 200411873E) INCREASE OF INVESTMENT IN SUBSIDIARY, MEOD PTE. LTD. Unless otherwise defined herein, all capitalised terms and references
More informationTHE LEXICON GROUP LIMITED
THE LEXICON GROUP LIMITED (Incorporated in Singapore) (Company Registration Number 199407135Z) PROPOSED SUBSCRIPTION OF IN AGGREGATE 180,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE LEXICON GROUP
More informationTEHO INTERNATIONAL INC LTD. (Incorporated in the Republic of Singapore on 10 June 2008) (Company Registration Number: K)
TEHO INTERNATIONAL INC LTD. (Incorporated in the Republic of Singapore on 10 June 2008) (Company Registration Number: 200811433K) PROPOSED DISPOSAL OF PROPERTY AT 47 TUAS AVENUE 9, SINGAPORE 639190 1.
More informationENTRY INTO A SALE AND PURCHASE AGREEMENT IN RELATION TO THE PROPOSED DISPOSAL BY THE COMPANY OF 100 SHARES IN NATURAL COOL ENERGY PTE.
(Incorporated in the Republic of Singapore) Company Registration No. 200509967G This announcement has been prepared by the Company and its contents have been reviewed by the Company s sponsor, PrimePartners
More informationCompletion of the Disposal was subject, amongst others, to the following loans together with interest accrued thereon (if any) having been waived:
GOLDTRON LIMITED (Co. No. 196200234E) DISPOSAL OF 100% INTEREST IN A SUBSIDIARY 1. SALE AND PURCHASE AGREEMENT The Board of Directors of Goldtron Limited (the Company ) wishes to announce that the Company
More informationJUBILEE INDUSTRIES HOLDINGS LTD. (Company Registration No H) (Incorporated in the Republic of Singapore) LOAN AGREEMENTS
JUBILEE INDUSTRIES HOLDINGS LTD. (Company Registration No.200904797H) (Incorporated in the Republic of Singapore) LOAN AGREEMENTS Unless otherwise specified herein or where the context otherwise requires,
More informationKENCANA AGRI LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: E) (the Company )
KENCANA AGRI LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: 200717793E) (the Company ) PROPOSED INVESTMENT BY ENCO HOLDINGS SENDIRIAN BERHAD IN KENCANA BIO ENERGY PTE
More informationMM2 ASIA LTD. (Incorporated in Singapore) (Registration No N)
MM2 ASIA LTD. (Incorporated in Singapore) (Registration No. 201424372N) PROPOSED ISSUE OF UP TO S$5,000,000 IN AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE NOTES, WITH A GREENSHOE OPTION FOR UP TO AN ADDITIONAL
More informationDECLOUT LIMITED (Incorporated in the Republic of Singapore on 21 August 2010) (Company Registration No W)
DECLOUT LIMITED (Incorporated in the Republic of Singapore on 21 August 2010) (Company Registration No. 201017764W) (1) SUPPLEMENTAL AGREEMENT IN RESPECT OF THE JOINT VENTURE AGREEMENT DATED 18 SEPTEMBER
More informationAGV GROUP LIMITED (Company Registration No H) (Incorporated in the Republic of Singapore on 2 October 2015)
AGV GROUP LIMITED (Company Registration No. 201536566H) (Incorporated in the Republic of Singapore on 2 October 2015) PROPOSED PLACEMENT OF UP TO 18,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF AGV GROUP
More informationHOE LEONG CORPORATION LTD. (Company registration number W) (Incorporated in the Republic of Singapore)
HOE LEONG CORPORATION LTD. (Company registration number 199408433W) (Incorporated in the Republic of Singapore) ACQUISITION OF 51% IN ARIES OFFSHORE SINGAPORE PTE. LTD. AND ASSIGNMENT OF SHAREHOLDERS'
More informationTHE PROPOSED DISPOSAL OF THE ENTIRE INFORMATION TECHNOLOGY BUSINESS TO MR. ANG YEW JIN EUGENE
ALPHA ENERGY HOLDINGS LIMITED (formerly known as JK Tech Holdings Limited) (Incorporated in the Republic of Singapore) (Company Registration No. 200310813H) THE PROPOSED DISPOSAL OF THE ENTIRE INFORMATION
More informationETMSSB 2,730,000 70% 2,730, UEM Sunrise 1,170,000 30% 1,170, Total 3,900, % 3,900, No. Items Details
UEM SUNRISE BERHAD ( UEM SUNRISE OR COMPANY ) PROPOSED JOINT VENTURE BETWEEN UEM SUNRISE AND EDGENTA TOWNSHIP MANAGEMENT SERVICES SDN BHD ( ETMSSB ), A WHOLLY-OWNED SUBSIDIARY OF UEM EDGENTA BERHAD (FORMERLY
More informationASIATRAVEL.COM HOLDINGS LTD (Company Registration No.: E) (the Company )
ASIATRAVEL.COM HOLDINGS LTD (Company Registration No.: 199907534E) (the Company ) PROPOSED ISSUE OF: (1) A TOTAL OF 16,666,666 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE PLACEMENT PRICE OF
More informationGLOBAL YELLOW PAGES LIMITED (Company Registration No G) (Incorporated in the Republic of Singapore)
GLOBAL YELLOW PAGES LIMITED (Company Registration No. 200304719G) (Incorporated in the Republic of Singapore) 1. PROPOSED LICENCE OF YELLOW PAGES DIGITAL SOLUTIONS TO YELLOW PAGES PTE. LTD. ( NEWCO ) 2.
More informationASJ HOLDING LIMITED (Incorporated in the Republic of Singapore) (Company Registration No N)
ASJ HOLDING LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 199601740N) PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS CUM WARRANTS ISSUE ON THE BASIS OF ONE (1) RIGHTS SHARE
More information