| Latest Forum Topics / Sino Grandness Last:0.02 -- |
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Ipo of Garden Fresh Count Down?
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hmmhmm
Elite |
03-Aug-2019 22:53
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Based on heavy accumulation from past 2 days:-   ~ 5.5M  @ 4.5cts ~  11M  @ 4.6cts It might hv chance to chiong to 6cts ++ on Mon...Huat Ah!! Lets see how it progress on Mon... |
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hmmhmm
Elite |
03-Aug-2019 22:20
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24-May entry into side letter for 170M new share, 50% materialised. 2-Aug entry into side letter for Bal 85M new share, need to wait until lastest by 30-Sep-19 to confirm whether can it be materialised... Hope it will happen. |
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Starship
Supreme |
03-Aug-2019 12:15
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sheerluck
Supreme |
03-Aug-2019 12:06
Yells: "Work for your money first then let your money work for you" |
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The long-awaited final installment of the " Sino Grandness: The End Game" is finally coming to your town this X' mas. Swords will be broken Shields will be splintered Blood will be splattered A sure day. A red day. If this is to be the end, let it be an end that all can remember! Tickets on sale now at all SGX approved broker houses.    While stocks last! |
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Starwar88
Supreme |
03-Aug-2019 09:57
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No wonder yesterday still can close 1 bid up. Looks like Monday more upside | ||||
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Starship
Supreme |
03-Aug-2019 09:34
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Clown Stock in Circus Exchange.................... ![]() ![]() ![]() PROPOSED PLACEMENT OF 170,000,000 NEW ORDINARY SHARES IN THE SHARE CAPITAL OF THE COMPANY &ndash ENTRY INTO SIDE LETTER The Board of Directors of Sino Grandness Food Industry Group Limited (the &ldquo Company&rdquo ) refers to its announcements dated 25 March 2019, 3 May 2019, 24 May 2019,14 June 2019 and 20 June 2019 in relation to the proposed placement of 170,000,000 new ordinary shares in the share capital of the Company (the &ldquo Earlier Announcements&rdquo ).  The Company wishes to update shareholders that the Company and the Placee have on 2 August 2019 entered into a side letter, which provides, inter alia, the following:   (a) The Company and the Placee agree that the issue price in respect of the Second Tranche Placement Shares be revised from S$0.04 to S$0.043 per share, representing a discount of 6.11% to the volume weighted average price of S$0.0458 for trades done on the Shares on the Mainboard of the SGX-ST on 2 August 2019 (being the full market day immediately preceding the signing of the side letter) (b) The Company acknowledging the receipt of S$3,655,000 from the Placee as issue consideration for the Second Tranche Placement Shares, based on the revised issue price of S$0.043 (c) The Company&rsquo s obligation to proceed to complete the Second Tranche Placement Shares shall continue to be subject to the conditions precedents as set out in the Placement Agreement and the grant by the Singapore Exchange of the extension of approval in principle of the listing of the Second Tranche Placement Shares and, if such grant is subject to other conditions, such conditions being fulfilled by the Company (d) The Long Stop Date under the Placement Agreement be extended to 30 September 2019. USE OF PROCEEDS FROM SECOND TRANCHE PLACEMENT SHARES The Company intends to apply the net proceeds from the Second Tranche Placement Shares as follows: Use of Net Proceeds                                                    Amount (S$)              Percentage of Net Proceeds 1) Repayment of outstanding sums due to Soleado            2,193,000                            60% 2) General working capital purpose                                    1,462,000                            40%  |
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NoLogic
Member |
02-Aug-2019 18:46
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All  kacang putih shareholder hope that you can vote against resolution 7.  Authority to allot and issue new shares So that at least they need to host a meeting before they issue any new shares, instead of doing things they like without even explaining. |
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sheerluck
Supreme |
02-Aug-2019 18:16
Yells: "Work for your money first then let your money work for you" |
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Should ask them if they got any conscience or not.
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TeoMark
Veteran |
02-Aug-2019 17:40
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Should ask for evidence that they actually have money to clear all the debt. Where is the paperwork to prove that the money still not yet clear by SAFE.
How to IPO like this if it is technically in default.
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camelhump
Senior |
02-Aug-2019 17:21
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Question to ask : Timeline for nasdaq ipo submission, which bank for ipo this time, profit forcast ...  | ||||
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camelhump
Senior |
02-Aug-2019 17:14
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already applied leave, Next thurs will be there.
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Annoymouse
Member |
02-Aug-2019 16:48
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Anyone is going for the AGM? | ||||
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Longtermer
Elite |
29-Jul-2019 19:41
Yells: "A disciplined investor is a wealthy investor" |
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Always so sarcastic.. deserved to be F by ppl.. | ||||
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investshare
Supreme |
29-Jul-2019 10:56
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Yes break 60 can go 70
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ronleech
Elite |
29-Jul-2019 10:44
Yells: "Believe in yourself. Ride with the waves......" |
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This one looks like on standby to Jag up anytime...break 50 can go to 60 fast | ||||
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mcking
Member |
27-Jul-2019 08:39
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Not all SG shareholders...only stupid ones like you.  Mouth big big, brain small small.
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Starship
Supreme |
26-Jul-2019 16:44
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One of the ugliest Clown Stock in the equally ugly Clown Exchange......................... ![]() ![]() ![]() Sino Grandness gets further 2-week extension to hold AGM, release Q1 results FRI, JUL 26, 2019 - 8:36 AM MAINBOARD-LISTED Sino Grandness Food Industry, which is on the Singapore Exchange&rsquo s (SGX) watch list, has fixed its annual general meeting (AGM) for fiscal 2018 on Aug 8, and will also release its first-quarter financial results by Aug 29. This is after SGX gave another extension of time to the canned fruits and vegetables producer to hold the AGM and announce its Q1 results, Sino Grandness said in a filing on Thursday night. The company has not confirmed a date for the release of the results for Q1 ended March 31. The notice of AGM and annual report have been despatched to shareholders on July 24. Sino Grandness also applied for a one-month extension to release its Q2 results to Sept 14 from Aug 14, but it did not provide an update on the outcome of this application in the Thursday filing. Sino Grandness had requested the further extensions on July 16 because of a delay in finalising the financial statements and annual report for FY2018. The delay was because outstanding audit confirmation replies and follow-up matters were only completed on July 13, and external auditors needed time to assess the impact on the audited financial statements for FY2018. he latest two-week extensions &ndash to hold the AGM by Aug 14 from July 31, and to release the Q1 results by Aug 29 from Aug 15 &ndash come after SGX had already granted it extensions in March and April. SGX gave the company  a two-month extension in April to hold the AGM by July 31  and a one-month extension to release the Q1 results by Aug 15, when the group was still addressing its default on the loan from engineering firm Soleado Holdings. Sino Grandness was served a letter of demand by Soleado Holdings in January over a sum of about US$22 million. In its reasons for seeking the extension, Sino Grandness had also cited high staff turnover and reduced staff strength in the finance team in FY2018, with staff movement affecting the accuracy of the financial information and delaying the release of the results. https://www.businesstimes.com.sg/companies-markets/sino-grandness-gets-further-2-week-extension-to-hold-agm-release-q1-results |
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investshare
Supreme |
26-Jul-2019 09:16
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Results delay also never mind.
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investshare
Supreme |
25-Jul-2019 12:01
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You don?t understand, SG shareholders treat every announcement as good news, no need to discuss further.
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camelhump
Senior |
24-Jul-2019 17:26
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usually at agm, lots will be revealed. How about starting a Telegram group for serious SG shareholders ? | ||||
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