| Latest Forum Topics / Imperium Crown Last:0.007 -- |
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SEMBCORP MARINE - BAYBERRY
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Adtower
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19-May-2017 17:35
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I mean what will happen to those shortist if they didn' t cover back when TH? Any penalty?
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asphodeli
Member |
19-May-2017 17:29
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SGX daily buy in report on corporate announcements page on SGX website
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Lazada
Member |
19-May-2017 17:27
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how you find out this?
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Adtower
Veteran |
19-May-2017 15:05
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What will happen to them?
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mistiq88
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19-May-2017 15:00
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That is why you should never do naked short. He/she had the chance to cover back on 15th May but did not. TH was requested after market hours. Wonder what he/she is thinking. |
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asphodeli
Member |
19-May-2017 14:28
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wow someone attempted to short Imperium Crown but didn' t manage to cover back 436,500 shares...today is second day of halt...must be painful for that guy with at least $200k to throw... 
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chanbs
Elite |
19-May-2017 07:02
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Care to shed more light on the request for suspension ? & it is not necessarily up to 3 days for TH ... 
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dataminer
Member |
19-May-2017 06:57
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The trading halt is for up to 3 days. During the halt, the company announced further investment of $53mil. However, since the company has requested suspension, it means the news of $53mil is not the reason for the halt. I looked into the main shareholder buying to almost 30% of outstanding shares. It could mean a takeover if he cross the 30% mark. In that case, then more time is needed to work out a takeover offer. :) But if there is no takeover, then there should not be bad news too. Remember the company sold its properties for $80mil. No issue of having money. But what to do with this money. :) I doubt there is any bad news judging from similar price action of other listed companies before price halt. I keenly await the news on this. | ||||
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Adtower
Veteran |
18-May-2017 17:47
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Better halt for a month lol market sentiment no good now | ||||
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Adtower
Veteran |
18-May-2017 17:46
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Any impact to the share price??
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teeth53
Supreme |
18-May-2017 17:26
Yells: "don't learn through life, learn to grow with life " |
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SGX News....
IMPERIUM CROWN PROPOSES TO INCREASE ITS STAKE IN PROMINENT TOURIST DESTINATION TO 60% FOR PURCHASE CONSIDERATION OF S$53,500,000 ? The Company had earlier announced the proposed acquisition of a 27% stake in Global Entertainment Media Pte. Ltd. (?GEM?) for S$20,000,000 ? GEM via its subsidiary has secured an additional 10 years of operating rights and it now holds a 50-year operating rights to Wonder Stone Park, a prominent tourist destination in Shandong Province, PRC. It also owns a Hotel located in Wonder Stone Park ? Under the latest amended terms of the proposed acquisition, Imperium Crown intends to acquire 60% of the issued and paid-up share capital of GEM for S$53,500,000 ? Following this addendum to the sales and purchase agreement in relation to the proposed acquisition, the long-stop date for the deal has been extended to 30 September 2017 Singapore, 18 May 2017 ? Imperium Crown Limited, (?Imperium Crown? or ?the Company?, and together with its subsidiaries, ?the Group?) an SGX Catalist-listed real estate developer and property investment company, today announced its proposal to increase its stake in Global Entertainment Media Pte. Ltd. (?GEM?). GEM through its subsidiary Fei County Wonder Stone Characteristic Town Development Co., Ltd. (费 县 奇 石 特 色 小 镇 发 展 有 限 公 司 ) (?Fei County Wonder Stone?), has secured an additional 10 years of operating rights and it now holds a 50-year operating rights to Wonder Stone Park, located in a commercial precinct in Feixian County, Linyi City, Shandong province, People?s Republic of China. It also owns a hotel situated within Wonder Stone Park. |
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AndyLoss
Master |
18-May-2017 01:11
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hope there is no BAD NEWS :)
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Adtower
Veteran |
17-May-2017 19:14
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Halt for 1 week? 1 month? 1 year?  Y halt? |
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chanbs
Elite |
17-May-2017 10:51
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why sudden TH when no news / annoucement still ? | ||||
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chanbs
Elite |
17-May-2017 07:53
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TH for how long ? When is it going to be lifted ? | ||||
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AndyLoss
Master |
16-May-2017 21:53
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what is the impact on stock price ?
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teeth53
Supreme |
16-May-2017 21:15
Yells: "don't learn through life, learn to grow with life " |
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Recap - The total sale price received for the entire portfolio - $80.4 million. Imperium Crown' s Japanese property portfolio sales, when completed, will strengthen coy' s cash and financial position and enable it to move forward with its proposed business plans in the coming years, the company said in a statement on Tuesday (Apr 11).  Chief executive Wan Jinn Woei added: " As we look towards new and exciting projects to deliver higher returns for our shareholders, Imperium Crown has also been approached by interested investors seeking to partner us on potential projects.  " The coy and the board will carefully evaluate these opportunities and look into partnerships that can bring to fruition the company' s long-term growth strategies."   The coy has previously announced the proposed acquisition of a 27 per cent interest in Richardson Trust, the developer of a commercial and residential complex at 1 Richardson Street, South Perth, Western Australia.  It is also in the midst of conducting due diligence on the proposed acquisition of a 27 per cent stake in Global Entertainment Media (GEM), which holds 40 years of operating rights to Wonder Stone Park, a historical park showcasing uniquely formed, naturally occurring stone boulders and rocks native to the Shandong region in China.  GEM also owns a hotel situated within Wonder Stone Park.
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AndyLoss
Master |
16-May-2017 13:29
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they were going to give spcl dividend as per news after the sale of properties...
any confirmed news anyone ??
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chanbs
Elite |
16-May-2017 13:21
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very suspenceful .... anyone with updates? appreciate it ...
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Adtower
Veteran |
16-May-2017 08:11
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Good news coming? | ||||
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