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Addvalue Tech
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Addvalue Tech
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Trainner
Master |
11-Sep-2025 09:31
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This is interesting topic. Why EDIS reduced their stake to just below 5% and ceased to be a major share holder? It is just ~$900K, it is a very Very small sum for EDIS. My guess is that something is going to happen to Addvalue. It may be very exciting........ I have my speculation, I am going to hold to see if my intuition is correct.
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hmphie
Veteran |
11-Sep-2025 08:29
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Economic Development Innovations Singapore reduced its stake to below 5%
https://links.sgx.com/1.0.0/corporate-announcements/H4M4KU6NSYQ2O694/fb9cad680933d1f083da6307cd25ae2555542aaa650da73f753a1262bf3400f3
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Trainner
Master |
11-Sep-2025 00:12
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Didn' t see 3cts last week which was a bit of disappointment. However, it managed to stay very firmly at 2.7/2,8cts level. It looks like Addvalue is gathering sufficient energy at current level to give another break up!!!! |
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Trainner
Master |
01-Sep-2025 21:25
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The price for Addvalue was under a lot of pressure today. Suspect was due to the contrarians trying to sell due to T+3/5. The investors defended pretty well, the price was down to 2.5cts at some point but managed to recover back to 2.7/ 2.8cts. The mid term uptrend should be still intact. Hopefully, we can see 3cts again thids week. |
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spursfan
Supreme |
29-Aug-2025 16:20
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https://links.sgx.com/1.0.0/corporate-announcements/LNSWIYE39GVVFKHZ/850484_AVT-Announcement_WL_Qtrly_update_010725.pdf
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kimidai
Member |
29-Aug-2025 16:04
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Due to being on the SGX watch list AVT is suppose to report the 1st quarter results by end August lates. Curious why it' s not released yet. I do expect it to be good with next record revenue expected for this financial year. | ||||
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Joelton
Supreme |
28-Aug-2025 12:18
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Two Addvalue Technologies' independent directors quit following shareholders' pressure
Two independent directors of Addvalue Technologies have resigned, following pressure from a group of shareholders who control more than 11% of the shares.
Chua Chwee Koh will step down with effect from Oct 26 and Goh Liang Choo with effect from Nov 15.
According to Addvalue in a filing to the exchange, this group of shareholders had threatened to call for an EGM to formally remove Chua and Goh.
The company did not disclose if these shareholders had indicated why.
Addvalue says its board was " surprised" as both Chua and Goh have the " full confidence" of the board and they have " contributed significantly" since their appointments.\
The company notes that it has turned around following a couple of challenging years with these two directors on board.
" Such contributions were made throughout a very challenging period and the success of the company' s efforts has been demonstrated by its business turnaround to the current profitable state," says Addvalue.
CEO Tan Khai Pang and non-executive chairman Richard Denny separately invited the shareholders to a meeting, but according to the company, they turned down both invitations.
Following which, Chua and Goh have decided to step down voluntarily and are giving the company some time to find replacements.
Addvalue says that last month, Goh had already indicated her wish to step down from the board to " devote more time to her personal commitments."
She was previously with Shell, UBS Warburg, General Electric and EY.
Meanwhile, Chua, a retired brigadier general, received just 52% of the votes in favour of his reappointment, believes it is in the " best interest" of the company to resign.
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Joelton
Supreme |
28-Aug-2025 12:14
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Two Addvalue Technologies' independent directors quit following shareholders' pressure
Two independent directors of Addvalue Technologies have resigned, following pressure from a group of shareholders who control more than 11% of the shares.
Chua Chwee Koh will step down with effect from Oct 26 and Goh Liang Choo with effect from Nov 15.
According to Addvalue in a filing to the exchange, this group of shareholders had threatened to call for an EGM to formally remove Chua and Goh.
The company did not disclose if these shareholders had indicated why.
Addvalue says its board was " surprised" as both Chua and Goh have the " full confidence" of the board and they have " contributed significantly" since their appointments.\
The company notes that it has turned around following a couple of challenging years with these two directors on board.
" Such contributions were made throughout a very challenging period and the success of the company' s efforts has been demonstrated by its business turnaround to the current profitable state," says Addvalue.
CEO Tan Khai Pang and non-executive chairman Richard Denny separately invited the shareholders to a meeting, but according to the company, they turned down both invitations.
Following which, Chua and Goh have decided to step down voluntarily and are giving the company some time to find replacements.
Addvalue says that last month, Goh had already indicated her wish to step down from the board to " devote more time to her personal commitments."
She was previously with Shell, UBS Warburg, General Electric and EY.
Meanwhile, Chua, a retired brigadier general, received just 52% of the votes in favour of his reappointment, believes it is in the " best interest" of the company to resign
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kimidai
Member |
28-Aug-2025 11:16
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One Account and One General.
They are around when biz turn around. Does not mean they did it. I can only suspect PY as the SS that influence the moved. |
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Trainner
Master |
28-Aug-2025 10:44
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See 3cts!!!! 🥳 | ||||
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Trainner
Master |
28-Aug-2025 10:29
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Looks like market welcome the resignations of the 2 directors. the buying is very strong, many 2.9cts are bought in big quantities. If continue the momentum, all 2.9cts may be wiped out and we can see 3cts today.
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Trainner
Master |
28-Aug-2025 08:15
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It may turn out to be better for Addvalue...... IMHO....... a good business may not be suitable for a good BG......
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hmphie
Veteran |
27-Aug-2025 23:40
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No idea...but if they have an agenda, they ought to lay out their plans soon.
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Trainner
Master |
27-Aug-2025 22:04
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BG(Retd) Chua Chwee Koh joined the Board of Raffles Education in March 2022 as an Independent Non-Executive Director. BG(Retd) Chua brings with him a wealth of experience, having spent 17 years with Certis CISCO, leading and transforming the business, where he was the Chief Operating Officer for 13 years. He played a key role in integrating operations and technology in the security business and was leading the digital transformation in the last three years. He is currently a Senior Advisor in Certis. Prior to joining Certis in 2004, Mr. Chua served 22 years in the Singapore Armed Forces and retired with the rank of Brigadier General. In addition, he is also a Director of Addvalue Technology Ltd (listed on the Singapore Stock Exchange), a member of Audit Committee of Dementia Singapore (a charity), and a council member at the RHT G.R.A.C.E. Institute (a social enterprise that promotes ethical leadership). BG(Retd) Chua graduated with a Bachelor of Science in Mechanical Engineering & Economics with First Class Honours from University of Birmingham in 1985. He holds a Master of Public Administration from Harvard University and has also completed the Advanced Management Programme at Harvard Business School.
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Alignment
Elite |
27-Aug-2025 20:59
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Who is it? Weird the directors resigned so quickly. | ||||
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hmphie
Veteran |
27-Aug-2025 17:27
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Activist investors in Addvalue? | ||||
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Trainner
Master |
27-Aug-2025 15:39
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Follow the trend. Now the trend is quite strong, it has not shown the sign of weakness.
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tofudidi
Supreme |
27-Aug-2025 14:17
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zhun bo...
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tankoksee
Supreme |
27-Aug-2025 13:32
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aim for 50 hor
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tofudidi
Supreme |
27-Aug-2025 13:17
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29 clearing. Time to go above 30 | ||||
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