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AJJ Medtech
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OEL OIL TURNABOUT THEMES?
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embracez
Senior |
19-Mar-2020 10:53
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Wow what a crappy stock most vakue investor are probably dead o |
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Joelton
Supreme |
13-Mar-2020 10:31
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OEL in non-binding pact to buy 51% stake in China healthcare firm THU, MAR 12, 2020 - 8:38 AM CATALIST-LISTED OEL (Holdings) on Thursday said it has entered into a non-binding memorandum of understanding (MOU) for the proposed acquisition of a 51 per cent stake in Shanghai Longjian Hospital Management Co. This comes after the property management company on Feb 12 said it plans to diversify into early childhood childcare and health education in Singapore, as well as the healthcare industry, through a share placement to investors led by controlling shareholder Zhang Jian. Due to commercial sensitivity, the final amount for the acquisition will only be disclosed upon entry of a definitive agreement, the company said. The MOU is not legally binding, save for the provisions relating to cost, confidentiality, duration and exclusivity, governing law and dispute resolution. The agreement sets out the key commercial terms as agreed between the company and Shanghai Longjian and the parties shall negotiate with the intention of executing the definitive agreement within six months from March 10, when the MOU was signed, OEL (Holdings) noted. Founded in Shanghai, China in March 2019, Shanghai Longjian is in the business of hospital management, medical technology, biotechnology technology development and health management consulting. The founder and legal representative of Shanghai Longjian is Ye Wenzheng, who is one of the top authorities in China' s haematology department, according to OEL (Holdings). Following the completion of the proposed acquisition, Mr Ye will continue to lead Shanghai Longjian' s healthcare business in China. Among other projects, the doctors of Shanghai Longjian are using the medical technology of a hydrogen generator to conduct " medical expert guidance, clinical services and technical specification control for Covid-19 affected patients" , the company said. This technology has been recognised by China' s authoritative experts and is being applied in Wuhan Central Hospital, Jinyintan Hospital, Zhongnan Hospital, Hanyang Hospital and Puren Hospital. Shares in OEL (Holdings) last traded at 1.6 Singapore cents on March 9, down 0.2 cent or 11.1 per cent. https://www.businesstimes.com.sg/companies-markets/oel-in-non-binding-pact-to-buy-51-stake-in-china-healthcare-firm |
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Starwar88
Supreme |
12-Mar-2020 09:01
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22 now | ||
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Casilb
Master |
12-Mar-2020 00:45
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https://links.sgx.com/1.0.0/corporate-announcements/4INOVUWQNS9B3K23/2bf830ddac6288570574d0a846567754290ffe6a8a2e661c39ce26cd3fd88bc3 lol nth much... |
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gregtan123
Supreme |
11-Mar-2020 21:36
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I think suspended go zero sian.
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gravity8888
Supreme |
11-Mar-2020 21:12
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Wow haven unhalt yet? Did die liao | ||
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gravity8888
Supreme |
11-Mar-2020 11:10
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Maybe privatise... Hahaha then win win | ||
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gregtan123
Supreme |
10-Mar-2020 18:00
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I dont know lol. its embraxez say one, i think its neutral LAME news. heavily vested but think it is a joke coy.
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gravity8888
Supreme |
10-Mar-2020 17:35
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Wow how u all know is privatised? | ||
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gregtan123
Supreme |
10-Mar-2020 16:54
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Unlikely but if so can 0.08 instead of 0.06?
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embracez
Senior |
10-Mar-2020 15:11
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How about privatisation ? offer 0.06 |
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gravity8888
Supreme |
10-Mar-2020 14:01
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Dun know the news yet.. Heee | ||
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embracez
Senior |
10-Mar-2020 13:52
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Placement cancelled = good news ? | ||
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gravity8888
Supreme |
10-Mar-2020 13:33
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Placement cancelled.. Some counter also go up cos their shares not diluted | ||
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gregtan123
Supreme |
10-Mar-2020 09:59
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Emracez vs. Casilb? Who is right? Good or bad news? Went to 0.016, whoeever bought is huat ah! | ||
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embracez
Senior |
10-Mar-2020 09:42
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Trading halt expansion plan to be announced maybe tmr GAP up to 0.03 and more to 0.035 again |
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Casilb
Master |
10-Mar-2020 08:45
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Trading halted.. cancel placement? | ||
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gregtan123
Supreme |
06-Mar-2020 15:10
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Placement will go thru not?
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pool100
Veteran |
06-Mar-2020 12:44
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Their plans are intact and their feet are wet already. They already paid money to RTO the company from Jeffrey Hing. And have come up with additional cash out of pocket to pay off debts etc. Now they' re follow up with regular updates on their expansion plans. They can only do all these and make good their word. Market is jittery and that is out of their control. For those who can hold, buy cheap can turn out to be very profitable in medium term when price rebounds. I believe it will definitely rebound one day and everyone will rush back in again. |
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embracez
Senior |
06-Mar-2020 11:30
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Luckily sell earlier Cheap can be cheaper Damn chui |
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