| Latest Forum Topics / InnoPac |
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any chance for this counter?
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calvino
Member |
02-Sep-2016 17:07
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Your father  so confident all-in on this one. 
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Practicalist
Member |
02-Sep-2016 16:59
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When did you bought this share at $10 a share?  
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XwiCkedX
Member |
02-Sep-2016 15:55
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My dad says to sell off this shares. We have 200lots bought at 20k, now worth 200 bucks ..I asked him back sell for wat sia?  Haizzz
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seanpent
Supreme |
16-May-2016 14:25
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any hint of the  start of penny fever ? |
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ruready
Supreme |
16-May-2016 12:31
Yells: "Follow the micro penny , May be this is the last train" |
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3k lot buying Liao , | ||
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ruready
Supreme |
16-May-2016 12:18
Yells: "Follow the micro penny , May be this is the last train" |
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Cannot get leh at 2 | ||
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seanpent
Supreme |
16-May-2016 12:14
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is this next ? |
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Isolator
Supreme |
29-Mar-2016 10:27
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Can long now... Enjoy.. | ||
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bishalnb
Master |
14-Mar-2016 21:47
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TERMINATION OF JOINT VENTURE AGREEMENT Innopac Holdings Limited (the &ldquo Company&rdquo ) refers to its announcement dated 27 February 2015 regarding a CJV Agreement between its subsidiary company, Extera Pte Ltd (&ldquo Extera&rdquo ), Aceford Limited (&ldquo Aceford&rdquo ) and Mr. Liang Gaocheng (&ldquo Mr. Liang&rdquo ) to establish a Chinese Joint Venture Company (&ldquo CJV&rdquo ) in Shandong Province, the People&rsquo s Republic of China, to distribute clean gasoline and diesel produced by Shandong Gaocheng Petroleum Technology Co., Ltd. The Company wishes to announce that Extera, Aceford, and Mr. Liang have today entered into an agreement to terminate the CJV Agreement. The parties have agreed and confirmed that there will be no claim, demand, debt, liability, obligation and suit of whatsoever nature against each other. Since the signing of the CJV Agreement, the necessary licenses and permits for the contemplated activities of the CJV have not been procured by Mr Liang. The CJV has not been established and the contemplated activities have not commenced. By Order of the Board INNOPAC HOLDINGS LIMITED
Wong Chin Yong
CEO & Managing Director
14 March 2016 
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bishalnb
Master |
10-Mar-2016 12:44
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is there a hope?
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guiren
Veteran |
22-Feb-2016 14:15
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Yes,,, happy 元 宵 , remember to PM me any kang tao   |
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XwiCkedX
Member |
22-Feb-2016 14:08
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Really meh? CNY last day dun make me happy leh ... |
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guiren
Veteran |
22-Feb-2016 14:01
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Ai lai liao ,, |
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HardtoWin
Member |
18-Jan-2016 14:15
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http://money.cnn.com/2016/01/12/news/economy/solar-energy-job-growth-us-economy/ Solar panel to soar in business base on above report. Innopac has a subsidiary doing Solar Panel   http://www.innopacific.com/ourbiz/pgcomms.html Will Innopac solar panel business soar?    |
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buysellbuysell
Master |
14-Jan-2016 21:23
Yells: "someone please sell down low so that others can buy low" |
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anyone got story of this counter? i read the history seems like this counter is under spotlight earlier on. |
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HardtoWin
Member |
29-Oct-2015 09:10
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Today ST report that Singapore consider to use Biofuel.. http://www.straitstimes.com/singapore/transport/govt-mulls-over-biofuel-option-at-the-pumps If this is implemented, Innopac will feel like in heaven.. |
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HardtoWin
Member |
20-Oct-2015 09:24
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INNOPAC HOLDINGS LIMITED (Company Registration Number 197301788K) (Incorporated in the Republic of Singapore) REPLY TO SGX&rsquo S QUERIES ON THE COMPANY&rsquo S &ldquo JOINT VENTURE AGREEMENT BETWEEN INNOPAC HOLDINGS LIMITED AND PRIMEFORTH RENEWABLE ENERGY LIMITED TO COMMERCIALLY CULTIVATE MICROALGAE AND ITS DOWNSTREAM ACTIVITIES&rdquo ANNOUNCEMENT (&ldquo ANNOUNCEMENT&rdquo ) ON 22 SEPTEMBER 2015.   Innopac Holdings Limited (&ldquo the Company&rdquo ) refers to SGX&rsquo s queries on the &ldquo Joint Venture Agreement between Innopac Holdings Limited and Primeforth Renewable Energy Limited to commercially cultivate microalgae and its downstream activities&rdquo announcement on 22 September 2015, and would like to reply as follows:   SGX Query 1: The Company' s Announcement on 22 September 2015 on the JV with Primeforth mentioned that &ldquo Primeforth owns proprietary and patented technologies for commercial microalgae cultivation and harvesting and know-how to recover bio-oil from microalgae&rdquo . Please disclose where the patents are filed and the jurisdictions where the patents are applicable. What are the terms of the license or under which the company or the JV will be able to make use of the relevant patents. Reply 1: As announced in paragraph 2.3 of the Announcement, the patents held by Primeforth relate to the cultivation and harvesting of microalgae are as follows: Cultivation Patent Patent for microalgae cultivation, tank utilizing aeration, to deliver CO2 and circulation of microalgae. Registration no. 1012946550000 and published on 9 August 2013 at the Korean Intellectual Property Office (&ldquo KIPO&rdquo ). Same patent was filed in Malaysia under number PI 2014002704 and is currently awaiting grant of the patent. Harvesting machine patent Two patents were filed and granted by KIPO pertaining to two versions of the harvesting machine: - Version 1: Patent Application Serial No. 1020120072821 application date on 4 July 2012 and - Version 2: Patent Application Serial No. 1020120103260 application date on 18 September 2012. Subsequently a patent was filed for version 3 of the harvesting machine and is awaiting final publication Unexamined Publication No. 1020140036751. The final patent (Patent no: 100762106) pertains to the conversion method to make biofuel. The patents are enforceable for 20 years from the date of Patent registration. Primeforth will register these patents in all the intended jurisdictions they intend to operate. Primeforth has confirmed that the joint-venture company will have free and unrestricted use of these patents and future patents on cultivation and harvesting of microalgae.   SGX Query 2: It was disclosed that Primeforth has been dormant since inception. Please disclose:- a) When was the patent approved and the duration of the patent b) Duration that the Company can use the patents c) The cost of using the patents charged to the Company and d) Whether of the patents are available exclusively for the JV and if the patents have been successfully commercialized previously. Reply 2: Primeforth is no longer dormant since entering into a joint venture agreement with MMP Resources Limited in February 2015. a) The various patent approval dates have been disclosed in the Announcement and in Reply 1 above. The patents are enforceable for 20 years from the date of Patent registration b) The joint venture company can use the patents for the enforceable period of Patent registration c) Primeforth has confirmed not to charge the joint venture company for the use of the patents d) The patents are not available exclusively for the joint venture company. The Patents have been successfully commercialized in South Korea and in Japan.   SGX Query 3: It was disclosed that &ldquo Mr Kim had six patents in his name in this specialised field (now under Primeforth)&rdquo . Please provide details on how successful these six patents have been and the commercialization of the patents so far. Reply 3: The technology has been successfully deployed in South Korea and Japan and successfully tested in Malaysia, Vietnam and the Philippines.   SGX Query 4: The Announcement mentioned that &ldquo Mr. Kim is the founder and CEO of TAC Corp (Korea), Dream Energy Inc. (Korea) and Wero Technologies Sdn Bhd (Malaysia)&rdquo . Please provide details on the businesses of TAC Corp (Korea), Dream Energy Inc. (Korea) and Wero Technologies Sdn Bhd (Malaysia) and whether any of these compete in the areas where the JV will operate and how conflicts of interests have been mitigated. Reply 4: TAC Corp (Korea) is a South Korean registered entity, primarily conducting research on microalgae and trading of biodiesel in South Korea. Dream Energy Inc (Korea) similarly is a South Korean registered entity, primarily involved in the trading of diesel fuel, supplying biodiesel fuel to construction companies in South Korea. Weros Technologies Sdn Bhd is a Malaysian incorporated company primarily conducting research & development activities in microalgae cultivation in Malaysia. These companies are private companies of Mr Kim, and are not in direct conflict with the business of the joint-venture company as the business activities of these private companies are separate and different from the joint-venture company.   SGX Query 5: It was also mentioned that Mr. Kim is currently the Chairman of Magnum Modular Power Generation Pte Ltd, an indirect subsidiary of a Singapore listed company. Please confirm if Mr. Kim is an Executive Chairman of Magnum Modular Power Generation Pte Ltd. What would be Mr. Kim&rsquo s role in the Joint Venture with the Company and will there be any conflict of interests arising from his chairmanship in the other company. Please provide details on how the conflicts will be mitigated. Reply 5: To the best of our knowledge and advised by Mr. Kim, he serves as the Chairman of Magnum Modular Power Generation Pte Ltd. (&ldquo MMP&rdquo ) in a non-executive role. Mr Kim shall be primarily responsible for the design and plans for the microalgae farm and advice on microalgae cultivation, harvesting and processing (for oil). He will also be responsible for the provision of the special microalgae species for the joint venture company. The joint venture company does not see any conflict of interest with MMP. The joint venture company&rsquo s business is in the microalgae cultivation business, inter alia, to produce biofuel and other high value products whereas MMP is in the business of power and electricity generation through micro power plants running on crude vegetable oil and biofuel.   SGX Query 6: It was disclosed that the &ldquo Company shall provide the procurement of all necessary permits and approval for the Project and shall also provide the initial and additional capital for the JVCO&rdquo . Please quantify the capital that the Company plans to inject into the JVCO and why capital contribution is not proportionate to their shareholding interests. Reply 6: The Company intends to inject S$1 million as initial share capital into the joint venture company upon its incorporation. In consideration of Primeforth&rsquo s contribution to the joint venture company as technology partner, with its proprietary, patented knowhow and technologies in the cultivation of microalgae and the recovery of mircoalgae oil, the Company agreed to contribute the entire initial share capital and provide necessary financial assistance for the joint venture company.   SGX Query 7: Please provide the relative figures pursuant to Listing Rule 1006 and comply with Listing Rules 1010 and 1014 where the relevant thresholds are triggered. Reply 7: This transaction is not an acquisition and Listing Rule 1006 is not applicable.   SGX Query 8: It was disclosed that the &ldquo Parties acknowledged and agreed that on the launch of the first Project, a financing commitment of up to US$12.5 million shall be provided by the Company for inter-alia, the capital investment and working capital requirements of the Project operations&rdquo . Please provide details on when the construction of the first facility will begin and the expected completion date, as well as the production capacity of this facility. Reply 8: The Company is looking for a suitable site for the establishment of the microalgae farm and ancillary facilities. Once the suitable location has been identified and secured, and ready for construction, the Company expects the construction to complete and operational within six months. Based on the US$12.5 million investment for the project, the microalgae cultivated and harvested is expected to produce up to 20 metric tonnes of microalgae oil per day.   BY ORDER OF THE BOARD OF INNOPAC HOLDINGS LIMITED Wong Chin Yong Managing Director & Chief Executive Officer 5 October 2015 |
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Shifu8888
Supreme |
21-May-2015 08:12
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Agree as well. I had actually collected at 0.7 ct. It's Nta is 1.4 and realized trying to re invent business model. Waiting for business to gestate and I am quietly confident this one will fly one day. This belongs to one of the BALI..... My pov. All the best
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topster
Member |
21-May-2015 08:05
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This penny stock   still havent run up yet. When will be its turn?  
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XwiCkedX
Member |
09-Apr-2015 12:01
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Nice to see positive on  this counter for a change! |
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