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Latest Forum Topics / Gems TV  Post Reply
Gems TV Holding
newbie19
Supreme
11-Feb-2021 13:12     
 
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 Alert Admin 		Happy Lunar New Year to everyone here.. May Niu year brings good health not forgetting HUAT all the way to the banks..😁
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newbie19
Supreme
07-Jan-2021 13:22     
 
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 Alert Admin 		winkyes

HVRRVH      ( Date: 03-Mar-2014 08:55) Posted:

30c? Don't bet on it. The price will be 1 cent when the market open in 5 mins.

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katak88
Master
16-Jul-2014 10:35     
 
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 Alert Admin

Exit Offer Price: S$0.004039.

CLOSING DATE of  Exit Offer: 5.30 p.m. on 8 August 2014 or such later date(s) as may be announced from time to time by the Offeror (the &ldquo Closing Date&rdquo ).

Minimum Acceptance Condition. The Exit Offer is conditional upon the Offeror receiving acceptances in respect of voting rights which will result in the Offeror holding more than 50% of the voting rights of the Company. Shares held by the Offeror may count towards the 50% threshold. As at the Latest Practicable Date, the Offeror holds 231,438,440 Shares representing approximately 22.35% of the total number of issued Shares.

Compulsory Acquisition. The Offeror intends to exercise its rights of compulsory acquisition if it receives acceptances amounting to not less than 90% in value of the shares affected.

Implications of Delisting. Shareholders should note that following the Delisting,
(i) if the Minimum Acceptance Condition is not met and all acceptances are returned or
(ii) if they do not accept the Exit Offer but the Minimum Acceptance Condition is met (and the Offeror is unable to exercise its rights of compulsory acquisition under the Companies Law),
they will:
(a) continue to hold Shares in the Company, which will then be an unlisted company incorporated and based in the Cayman Islands
(b) likely find it difficult to sell their Shares in the absence of a public market for the Shares, as there is no arrangement for such Shareholders to exit and
(c) (if such Shareholders are able to sell their Shares) likely receive a lower price as compared with the Offer Price or the market prices of the shares of comparable listed companies.

Shareholders who continue to hold the unlisted shares following the Delisting should note that (save as provided for in its Articles of Association) the Company being an exempt company under the Companies Law (Revised) of the Cayman Islands is not required by law to hold an AGM, prepare, make available or file its financial statements or appoint auditors.


11-Jul-2014 09:02:49
JOINT ANNOUNCEMENT - DESPATCH OF EXIT OFFER LETTER AND ACCEPTANCE FORMS

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementLast3MonthsSecurity& F=VU5Y9OGRTMLH65KA& H=17d54fcc20bf259dce4147f8f7e1c2b4331236492b25b0a60c0ac50ad7eaeaa3#.U8Xi0PmLH6s

 
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SuperMonkey
Senior
08-Apr-2014 20:32     
 
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exit offer : S$0.00408 ,

ie: $4.08 every 1000 shares or 1 lot.
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HVRRVH
Elite
03-Mar-2014 08:55     
 
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 Alert Admin 		30c? Don't bet on it. The price will be 1 cent when the market open in 5 mins.
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ysh2006
Supreme
03-Mar-2014 08:48     
 
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 Alert Admin 		How much exit offer ? 30c ,or higher ?

edwinjup      ( Date: 03-Mar-2014 08:09) Posted:

Confirm exit sgx....last day 27 march......more and more companies in watchlist...and expect more exit from sgx....
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edwinjup
Supreme
03-Mar-2014 08:09     
 
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 Alert Admin 		Confirm exit sgx....last day 27 march......more and more companies in watchlist...and expect more exit from sgx....
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Areeb1970
Member
25-Feb-2014 15:44     
 
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 Alert Admin 		Does anyone have any news on likely-hood of Deal breaker issue going through? What is the gain Ammalay Trading will have with this kind of deal?
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johnng
Supreme
20-Jan-2014 08:50     
 
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 Alert Admin 		will it rally today?????

chongpin      ( Date: 01-Nov-2013 17:53) Posted:



 

  PUBLISHED NOVEMBER 01, 2013
Gems TV plans S$571.38m RTO to be agri product trader

GEMS TV Holdings Limited, which has been on SGX Watch-List, said on Friday that it has entered into a S$571.38 million reverse takeover (RTO), which will transform the company into a trader of basmati and non-basmati varieties of rice, cocoa beans, soya beans, cloves and other agricultural products.

The conditional business sale and purchase agreement was entered with an international commodities trading company incorporated in the Dubai Multi Commodities Centre (DMCC). It is also subsidiary of Delhi-based REI Agro Limited, a public company listed on the NationalStock Exchange of India and the Bombay Stock Exchange.

Under the plan, the new business will be injected into a subsidiary to be incorporated in the United Arab Emirates (UAE).

" The proposed acquisition is expected to give the company a new lease of life and support the company's application to the SGXST for the removal from the SGX-ST's Watch-List,'' Gems TV's board said. 


01-Nov-2013 07:43:51 

1) THE PROPOSED ACQUISITION BY GEMS TV HOLDINGS LIMITED (THE COMPANY) OF THE VENDOR BUSINESS (AS DEFINED BELOW) FROM AMMALAY COMMODITIESS JLT (THE VENDOR), AS A GOING CONCERN (THE PROPOSED ACQUISITION) AND

(2) THE PROPOSED DISPOSAL BY THE COMPANY OF ITS ENTIRE BUSINESS TO MOUNTING HOLDINGS LIMITED (THE PURCHASING SHAREHOLDER) (THE PROPOSED DISPOSAL) 

http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=1020661#.UnN56vlTSSo 

 

 


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johnng
Supreme
18-Jan-2014 07:50     
 
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 Alert Admin 		Monday big fat rally!!
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teddytan438
Senior
17-Jan-2014 17:25     
 
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 Alert Admin 		strong buyup............

johnng      ( Date: 17-Jan-2014 16:18) Posted:

could break 30 anytime!
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johnng
Supreme
17-Jan-2014 16:18     
 
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 Alert Admin 		could break 30 anytime!
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johnng
Supreme
15-Jan-2014 12:48     
 
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 Alert Admin 		RTO DEAL to lift shareprice.......watch for it as it attempt to break $0.03!!!!

johnng      ( Date: 15-Jan-2014 12:25) Posted:

Chionging soon!!!
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johnng
Supreme
15-Jan-2014 12:25     
 
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 Alert Admin 		Chionging soon!!!
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chongpin
Senior
01-Nov-2013 17:53     
 
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  PUBLISHED NOVEMBER 01, 2013
Gems TV plans S$571.38m RTO to be agri product trader

GEMS TV Holdings Limited, which has been on SGX Watch-List, said on Friday that it has entered into a S$571.38 million reverse takeover (RTO), which will transform the company into a trader of basmati and non-basmati varieties of rice, cocoa beans, soya beans, cloves and other agricultural products.

The conditional business sale and purchase agreement was entered with an international commodities trading company incorporated in the Dubai Multi Commodities Centre (DMCC). It is also subsidiary of Delhi-based REI Agro Limited, a public company listed on the NationalStock Exchange of India and the Bombay Stock Exchange.

Under the plan, the new business will be injected into a subsidiary to be incorporated in the United Arab Emirates (UAE).

" The proposed acquisition is expected to give the company a new lease of life and support the company's application to the SGXST for the removal from the SGX-ST's Watch-List,'' Gems TV's board said. 


01-Nov-2013 07:43:51 

1) THE PROPOSED ACQUISITION BY GEMS TV HOLDINGS LIMITED (THE COMPANY) OF THE VENDOR BUSINESS (AS DEFINED BELOW) FROM AMMALAY COMMODITIESS JLT (THE VENDOR), AS A GOING CONCERN (THE PROPOSED ACQUISITION) AND

(2) THE PROPOSED DISPOSAL BY THE COMPANY OF ITS ENTIRE BUSINESS TO MOUNTING HOLDINGS LIMITED (THE PURCHASING SHAREHOLDER) (THE PROPOSED DISPOSAL) 

http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementToday& F=1020661#.UnN56vlTSSo 

 

 

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investment
Senior
22-May-2013 10:52     
 
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 Alert Admin 		after they delist,how much would you think that shareholder will get back how much.
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Hulumas
Supreme
13-Mar-2013 11:57     
 
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Yells: "INVEST but not TRADE please!"
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 Alert Admin 		Sgd. 0.005 is possible too!

bigman88      ( Date: 13-Mar-2013 09:59) Posted:

Opps!  see wrongly.  Should be 0.05c.  

bigman88      ( Date: 13-Mar-2013 09:45) Posted:

This Gem is coming back.  Analyst said it will come back to 0.10c.  Anyone have comments?
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bigman88
Senior
13-Mar-2013 09:59     
 
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 Alert Admin 		Opps!  see wrongly.  Should be 0.05c.  

bigman88      ( Date: 13-Mar-2013 09:45) Posted:

This Gem is coming back.  Analyst said it will come back to 0.10c.  Anyone have comments?
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bigman88
Senior
13-Mar-2013 09:45     
 
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 Alert Admin 		This Gem is coming back.  Analyst said it will come back to 0.10c.  Anyone have comments?
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erickkw
Member
26-Aug-2012 00:36     
 
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 Alert Admin 		0.95cents/0.035=27% return is a good return. divided pay in 15nov2012

erickkw      ( Date: 26-Aug-2012 00:13) Posted:



merlin_magic      ( Date: 24-Aug-2012 15:16) Posted:



Bought at 0.035 cents today and sold at 0.036 cents....
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