Latest Forum Topics /
Medtecs Intl
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The next journey
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AhTan888
Senior |
11-Jun-2021 10:59
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I remember they say they got approval from shareholders to go mainboard, i don't remember seeing announcement that they submitted application to go mainboard.
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AhTan888
Senior |
11-Jun-2021 10:55
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Don't even know did MT submitted the application in the first place.
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Luzern
Supreme |
11-Jun-2021 10:04
Yells: "9" |
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If only MT can come out to clear the air.   
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ETLee8
Master |
11-Jun-2021 10:00
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Certainly it is not SGX, the issue is likely at MT' s end.  As a regulator, there are KPIs to meet (timeframe to process requests).    MT has been keeping mum about the whole issue and not keeping its shareholders informed.
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lailai
Elite |
11-Jun-2021 08:59
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IMO, sgx has given itself a very bad reputation, by not approving MT after such a long application, for whatever reason that it has not disclosed. It' s quite obvious that MT shd be approved much much earlier than others whose earnings, biz performance, div are no where near MT' s. Don' t tell me none of the staff in sgx visit SJ and read the forum regarding the many ' complaints' that sgx has still not approve the much deserving mainboard transfer of MT after almost 7 months. Not surprised that hardly any ipo' s want to list here in sgx, which does not seem to be in touch with shareholders' opinion. from forums and whatnots, or even Bloomberg' s negative comment in oct 2020 that Singapore had overtaken Thailand as Asia' s worst stock market. Maybe Singapore need to revamp the stock exchange, maybe a task force, of course not from sgx itself, but something like what has been done to control the spread of covid. Just opinion. ![]()
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Gnoixed
Member |
10-Jun-2021 23:12
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The ball is in SGX court and sooner or later, they will have to approve the transfer. For now, MT will continue to enjoy cheaper listing fees for being in the Catalist board. FYI: MT Q12021 net profit > Union Gas FY2020 net profit
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ETLee8
Master |
10-Jun-2021 22:29
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Just Applied recently :  Got In-principal approval from SGX today. SINGAPORE, 10 June 2021&ndash Union Gas Holdings Limited (优 联 燃 气 控 股 有 限 公 司 ) (&ldquo Union Gas&rdquo or together with its subsidiaries, the &ldquo Group&rdquo ), an established provider of fuel products in Singapore, is set to achieve another key milestone in its corporate history as it receives in-principal approval from the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) for a proposed transfer to the Mainboard (the &ldquo Proposed Transfer&rdquo ) subject to shareholders approval at an Extraordinary General Meeting to be convened. Listed on the Catalist board of the SGX-ST on 21 July 2017, Union Gas believes that a listing on the Mainboard would provide the Company with greater visibility and recognition in the market and amongst investors and enhance the image and profile of the Company both locally and internationally. Is Medtecs serious about transfer to Mainboard ????? |
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AhTan888
Senior |
10-Jun-2021 17:21
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They slowly erode the price and since so many people say they waiting for 93, they slowly move to 93 for all to jump in and then they start to dump fast and furious.
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boyboy61
Supreme |
10-Jun-2021 17:14
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Reaching 93 soonnnnnnnnnnnnnnnn | ||||
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AhTan888
Senior |
10-Jun-2021 17:12
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Really a joke man. | ||||
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3jhuat
Member |
10-Jun-2021 16:56
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When is the company doing the share buyback again | ||||
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Luzern
Supreme |
10-Jun-2021 16:48
Yells: "9" |
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How Long Did the Flu Pandemic of 1918 Last?The  influenza pandemic of 1918&ndash 19, also called the Spanish flu, lasted between one and two years. https://www.britannica.com/story/how-long-did-the-flu-pandemic-of-1918-last   |
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Hawker80
Senior |
10-Jun-2021 16:12
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in Q3 2020 webminar, he did mentioned that MT do not have a fix dividend policy.. However, he did not, like you say,.,.. REJECTED a dividend policy. ..i repeat again, he did not REJECTED a dividend policy. in latest webminar ( FY2020), he said he is working towards a fix dividend policy.  So bro, 2 questions for you...  First, Why do you always tend to bring out old news and make it big? is it by intentional? Or you really didnt do research? i wondering why dont you take 2003 SARS policy and apply here as well? Secondly, whenever you make a statement, dont just bull shit, bring out proof?? like when and where Yang rejected a dividend policy?  
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ETLee8
Master |
10-Jun-2021 15:34
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Bro,  the summary of the minutes of the webinar is in this Post dtd way back Q3 Fy2020. He did mentioned that the CO do not hv a dividend policy. Up to u to find out more,  eg. why moving to mainboard takes so long ?     
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Hawhaw
Member |
10-Jun-2021 15:21
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I think something went wrong with the mainboard transfer. Should not take so long.  not pinning any hopes on this anymore.  no impetus for another price run up as living with Covid is becoming the new normal. |
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Abe2021
Veteran |
10-Jun-2021 14:57
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MEDTECS International is planning to transfer the company' s listing from the Catalist to the mainboard of the Singapore Exchange (SGX), it said on Monday. Separately, Medtecs also announced that the group will be included in the MSCI Singapore Small Cap Index from Nov 30, after market close on that day. The personal protective equipment and hospital service provider is hoping that a transfer to the mainboard would better allow the company to attract institutional investors and reach out to a wider investor base, both within Singapore and overseas. It added that a listing on the mainboard would enhance the image of the company and provide greater visibility and recognition in the market. Medtecs said this is " particularly critical" amid the Covid-19 pandemic, where there could be pockets of opportunity for the company to tap in order to expand its business operations.
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Abe2021
Veteran |
10-Jun-2021 14:54
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Correct lor .... anytime soon. Don' t think there is any issue afterall they are financially sound. William Yang said in due time.Whenever there is such happening the market player always will depress the price and collect as much as possible Just learned sth, can pay the media to give news free to everyone, not just subscribers. Result not good enough worrrrrh.  Supernormal demand for essential reusable hospital garb, disposable personal protective equipment and workwear helped the Taipei-headquartered company' s net income grow about 100 times in the six months ended June 30 from the previous year. The stock is the top performer for Singapore and among the best in the global health-care supply sector for 2020.  
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lailai
Elite |
10-Jun-2021 14:53
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Raphael Lim who wrote that article in BT should ask SGX why it took them so long and still no feedback whether application is approved.   Already almost 7 months liao.
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lp2000
Elite |
10-Jun-2021 14:43
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Has been any updates on the transfer to the mainboard? This news is from 16 Nov 2020.    https://www.businesstimes.com.sg/companies-markets/medtecs-seeks-mainboard-transfer-to-be-included-in-msci-singapore-small-cap-index
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Abe2021
Veteran |
10-Jun-2021 14:30
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When it is attractive enough, William Yang will buy back some to keep. Don' t worry about the fake news. Financially strong to donate and give to the needy.
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