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TraderBen Supreme	09-Apr-2018 08:15        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anything to with keppel Means Huat Liao! Haha
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NextEvolution Elite	09-Apr-2018 08:12        NextEvolution About Contact  Quote this Post!
x 0   x 0  Alert Admin	. KrisEnergy signs cooperation agreement with Keppel Singapore, 9 April 2018 ? KrisEnergy Ltd. (?KrisEnergy? or the ?Company?, and together with its subsidiaries, the ?Group?), an independent upstream oil and gas company, wishes to announce that it has today entered into a cooperation agreement (?Cooperation Agreement?) with Keppel FELS Limited and Keppel Shipyard Ltd, each a subsidiary of Keppel Corporation Limited (?Keppel Corporation?). In connection, an extraordinary general meeting (?EGM?) has been convened to seek shareholders? approval for the proposed adoption of a general mandate for interested person transactions in respect of the Cooperation Agreement and each contract awarded pursuant to the Cooperation Agreement (?IPT Mandate?). The EGM is scheduled to take place on 26 April 2018 at 9.30 a.m. (or as soon thereafter following the conclusion or adjournment of the annual general meeting of the Company to be held on the same day and at the same place) at Paprika Room, Level 5, Novotel Clarke Quay Singapore, 177A River Valley Road, Singapore 179031. The circular to shareholders dated 9 April 2018 (?Circular to Shareholders?) is available for download from the Company?s website: www.krisenergy.com/investors/investor-information/circulars/, and contains the Notice of the EGM which has been despatched to shareholders. Details on the Cooperation Agreement and the IPT Mandate can be found in the Circular to Shareholders. Capitalised terms used but not defined herein shall have the same meanings as ascribed to them in the Circular to Shareholders. 1. COOPERATION AGREEMENT 1.1 Introduction Pursuant to the Cooperation Agreement, the Company shall appoint Keppel Corporation and/or its affiliates (which comprises Keppel Corporation and/or its subsidiaries (?Keppel?) as at the date of this announcement) as its preferred contractor for any work (?Work?) related to products and/or services in relation to the following: (a) newbuilding, repair, conversion and upgrading of a range of marine assets and/or vessels and the use of Keppel?s yard and associated yard services for the construction and refurbishment of facilities, including but not limited to mobile offshore production units (?MOPU?), mobile offshore drilling units (?MODU?), production barges, floating production and storage units (?FPSO?) and floating storage offloading (?FSO?) and (b) lease, chartering and the use of, or the provision of services by, Keppel?s marine assets and/or vessels, including but not limited to MOPU, MODU, FPSO, FSO, floating cranes, barges and tugs. 1.2 Principal Terms of the Cooperation Agreement (a) Duration: A period of 12 calendar months, and will (subject to the terms of the Cooperation Agreement) be automatically renewed after every 12 calendar months (b) Right to Bid: For any Work that is subject to a competitive bid, the Company will give Keppel the right to bid for such Work, provided that Keppel has met all the applicable pre-qualification criteria NextEvolution      ( Date: 09-Apr-2018 08:11) Posted: General Announcement::KrisEnergy signs cooperation agreement with Keppel
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NextEvolution Elite	09-Apr-2018 08:11        NextEvolution About Contact  Quote this Post!
x 0   x 0  Alert Admin	General Announcement::KrisEnergy signs cooperation agreement with Keppel
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Octavia Supreme	08-Apr-2018 21:11        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Maybe tmor AM trading halt to announce the new SSH.
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Observers Elite	08-Apr-2018 08:36        Observers About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone knows when the FR fund has to sell all their Krisenergy shares? I only know it has to happen this year. Was it last Friday?
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SgTrader17 Elite	07-Apr-2018 23:45        SgTrader17 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If they are into Kris energy, don't think they will dump it unnecessarily. If they do, it wouldn't be anything less than 11cts. And if they want to dump, they would have to take into consideration KC being the SSH, which also part of Gov supported, isn't it? Anyway, still purely guessing now. Till announcements come out will be clearer picture. Then we see where Kris energy is heading. 8.3cts seems the low. Octavia      ( Date: 07-Apr-2018 21:36) Posted: Besides Ezion,they are into Marco Polo Marine Shares as well.This fund is a subsidary of Temasek Holding. See below posting. sheerluck           ( Date: 06-Apr-2018 22:20) Posted:    Temasek really good.  A short recap. On 02 Feb, UOB disposed 362 millions MPM shares @ 3.5cts in off-market transactions. Pavilion Cap (PC) bought 170millions MPM shares @3.5cts from off-market transactions. On 07 Feb, PC sold 70million MPM shares @5.9cts in open market. PC paid $5.95mil for that 170mil bought shares and received $4.1mil for that 70 mil sold shares. So the average price of that remaining 100mil shares is now 1.8cts At the last done price of 3.3cts, PC paper gain is $1.5mil and 25% gain on their invested capital for a few days work. Wow easy money for PC.  Tough life for MPM shareholders.  Good bonus waiting for PC fund managers at the expenses of further losses for SG investors. SgTrader17      ( Date: 07-Apr-2018 20:55) Posted: Tot Pavilion just into Ezion? Don't think it will plunge into two counters at the same instant timing. But the truth will only be revealed probably next week, if SGX website declared who sold that amount, if published. But, whoever let go, someone had bought it and willing to have a 27% stake (about that, I guess) into Kris energy, showing it's interest in the company. It is better for FR to sell out since it's constant selling in millions, had been affecting the upside movements of Kris energy for past any months.
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Octavia Supreme	07-Apr-2018 21:36        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Besides Ezion,they are into Marco Polo Marine Shares as well.This fund is a subsidary of Temasek Holding. See below posting. sheerluck           ( Date: 06-Apr-2018 22:20) Posted:    Temasek really good.  A short recap. On 02 Feb, UOB disposed 362 millions MPM shares @ 3.5cts in off-market transactions. Pavilion Cap (PC) bought 170millions MPM shares @3.5cts from off-market transactions. On 07 Feb, PC sold 70million MPM shares @5.9cts in open market. PC paid $5.95mil for that 170mil bought shares and received $4.1mil for that 70 mil sold shares. So the average price of that remaining 100mil shares is now 1.8cts At the last done price of 3.3cts, PC paper gain is $1.5mil and 25% gain on their invested capital for a few days work. Wow easy money for PC.  Tough life for MPM shareholders.  Good bonus waiting for PC fund managers at the expenses of further losses for SG investors. SgTrader17      ( Date: 07-Apr-2018 20:55) Posted: Tot Pavilion just into Ezion? Don't think it will plunge into two counters at the same instant timing. But the truth will only be revealed probably next week, if SGX website declared who sold that amount, if published. But, whoever let go, someone had bought it and willing to have a 27% stake (about that, I guess) into Kris energy, showing it's interest in the company. It is better for FR to sell out since it's constant selling in millions, had been affecting the upside movements of Kris energy for past any months. Octavia      ( Date: 07-Apr-2018 20:47) Posted: Cld it be investment fund Pavilion Capital behind this purchase?It has been very prominent of late into the O& M space.
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SgTrader17 Elite	07-Apr-2018 20:55        SgTrader17 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tot Pavilion just into Ezion? Don't think it will plunge into two counters at the same instant timing. But the truth will only be revealed probably next week, if SGX website declared who sold that amount, if published. But, whoever let go, someone had bought it and willing to have a 27% stake (about that, I guess) into Kris energy, showing it's interest in the company. It is better for FR to sell out since it's constant selling in millions, had been affecting the upside movements of Kris energy for past any months. Octavia      ( Date: 07-Apr-2018 20:47) Posted: Cld it be investment fund Pavilion Capital behind this purchase?It has been very prominent of late into the O& M space.
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Octavia Supreme	07-Apr-2018 20:47        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Cld it be investment fund Pavilion Capital behind this purchase?It has been very prominent of late into the O& M space.
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ifallgoeswell Senior	07-Apr-2018 12:37        ifallgoeswell About Contact  Quote this Post!
x 0   x 0  Alert Admin	If they take in all FR remaining stake, should be around 60% SgTrader17      ( Date: 07-Apr-2018 12:26) Posted: Anyone knows what's the % holdings by KC now if they take in FR's stake? TraderBen      ( Date: 07-Apr-2018 10:47) Posted: I really hope not. Because at this price even if they privatize. The premium will be at most 20-30% higher. So no good for existing shareholder
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SgTrader17 Elite	07-Apr-2018 12:26        SgTrader17 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone knows what's the % holdings by KC now if they take in FR's stake? TraderBen      ( Date: 07-Apr-2018 10:47) Posted: I really hope not. Because at this price even if they privatize. The premium will be at most 20-30% higher. So no good for existing shareholders SgTrader17      ( Date: 06-Apr-2018 21:29) Posted: Could KC be making a privatisation of Kris energy? Its man from Kep unit joined Kris energy recently. Today's 270M shares deal if belongs to FR, finally let the whole selling comes to an end and no one can still use FR as an excuse to talk down the stock. And the last hour or less of share price surge shows it's more than 270M shares sales involved, ppl started to buy in. Looking forward to more news, hope for the best. Last May was 15 to 17cts. Can it make a comeback? Dyodd.
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TraderBen Supreme	07-Apr-2018 10:47        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	I really hope not. Because at this price even if they privatize. The premium will be at most 20-30% higher. So no good for existing shareholders SgTrader17      ( Date: 06-Apr-2018 21:29) Posted: Could KC be making a privatisation of Kris energy? Its man from Kep unit joined Kris energy recently. Today's 270M shares deal if belongs to FR, finally let the whole selling comes to an end and no one can still use FR as an excuse to talk down the stock. And the last hour or less of share price surge shows it's more than 270M shares sales involved, ppl started to buy in. Looking forward to more news, hope for the best. Last May was 15 to 17cts. Can it make a comeback? Dyodd.
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sbscap Master	07-Apr-2018 09:56        sbscap About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Besides Keppel, only FR has so many shares to sell. There is no question this block is from FR. The standard reporting requirement is 48 hours for substantial shareholders holding above 5%. Whoever bought more than 5% must also report. This block is about 18%. So we will get some news by Monday.
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TraderBen Supreme	06-Apr-2018 23:03        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sometimes report more than a week later.. sheerluck      ( Date: 06-Apr-2018 22:08) Posted: FR dont normally announce on the same day.  Have to wait till Monday liao.
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sheerluck Supreme	06-Apr-2018 22:08        sheerluck About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Work for your money first then let your money work for you"
x 0   x 0  Alert Admin	FR dont normally announce on the same day.  Have to wait till Monday liao.
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SgTrader17 Elite	06-Apr-2018 21:29        SgTrader17 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Could KC be making a privatisation of Kris energy? Its man from Kep unit joined Kris energy recently. Today's 270M shares deal if belongs to FR, finally let the whole selling comes to an end and no one can still use FR as an excuse to talk down the stock. And the last hour or less of share price surge shows it's more than 270M shares sales involved, ppl started to buy in. Looking forward to more news, hope for the best. Last May was 15 to 17cts. Can it make a comeback? Dyodd.
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TraderBen Supreme	06-Apr-2018 19:44        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not yet. Sometimes in May then will Report johnncheng81      ( Date: 06-Apr-2018 18:51) Posted: have they reported earnings in Mar?
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johnncheng81 Veteran	06-Apr-2018 18:51        johnncheng81 About Contact  Quote this Post!
x 0   x 0  Alert Admin	have they reported earnings in Mar?
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speed88 Member	06-Apr-2018 18:09        speed88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	the difference could be they sold some last few days, yet to report.  Should be them i guess selling out today.  Time to cheong if true. speed88      ( Date: 06-Apr-2018 18:06) Posted: First reserve fund been selling non-stop, leaving 285,003,469 shares as of last reporting.  Today married deal around 272m.  could it be them selling out???  number quite close but not matching perfectly.
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speed88 Member	06-Apr-2018 18:06        speed88 About Contact  Quote this Post!
x 1   x 0  Alert Admin	First reserve fund been selling non-stop, leaving 285,003,469 shares as of last reporting.  Today married deal around 272m.  could it be them selling out???  number quite close but not matching perfectly.
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