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BREXIT Leave or Stay
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teeth53
Supreme |
30-Jan-2013 23:01
Yells: "don't learn through life, learn to grow with life " |
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_72F0DC40DD93687248257AFE0025AA47/$file/IPCO250113.pdf?openelement  IPCO250113.pdf
As at 22 Jan 2013, Company has increased from 3,633,299,986 ordinary shares to 4,660,799,986 ordinary shares. Further to the announcements of 18 Jan 2013, 21 Jan 2013 and 23 Jan 2013, the Board of Directors of the Company wishes -- USE OF PROCEEDS: Funds transferred to Grand Prosper Grp Ltd and its subsidiary Deshi Oil & Gas Exploration Co. Ltd (3,463,000) Funds transferred to Anlu, Dawu and XiaoChang Gas distribution network and CNG Fuel Station projects for business expansion of the Company (5,873,000) Legal professional fees for Proposed Issue (153,000) Working Capital (5,868,000). Balance 43,743,000 The above utilization (Funds transferred to Anlu, Dawu and XiaoChang Gas distribution network, Legal professional fees and working capital amounting to S$11.894 million) of the net proceeds is within the limit of the balance (approximately S$12 million) of the total estimated net proceeds of about S$59 million from the S$60 million Notes, after setting aside the 80% portion. (approximately S$47 million) intended to fund the expansion plans of the Deshi subsidiary as approved by the shareholders at the EGM held on 27 June 2008.
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ballball
Elite |
30-Jan-2013 22:45
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jovenus
Member |
30-Jan-2013 22:39
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Short term risk ,could be BB shot down to accumate more and impatient holders give up holding and take profit
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davidoch
Senior |
30-Jan-2013 22:36
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If that is the case, will be good news....
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jovenus
Member |
30-Jan-2013 22:34
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Means the conversion is over, and with the placement shares can only be sell 6 months later, selling pressure will be less. Waiting for news on how the 50 million will be used ?
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1963411
Senior |
30-Jan-2013 22:26
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Did you use Google Chrome to read the announcement? If yes, try to use Internet Explorer instead to see if it works...
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currypig
Member |
30-Jan-2013 22:14
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hmmm whats the implication of the news? | ||||
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ballball
Elite |
30-Jan-2013 22:05
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Yes Insanity has summarised the content. thanks.
I wanted to solve my computer problem. Cannot always rely on others. Many times very inconvenient. |
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ballball
Elite |
30-Jan-2013 22:00
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Dun think is the malaysian guy. vcam convert it at 0.02 vs 0.0198 . | ||||
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radiantforce
Member |
30-Jan-2013 21:58
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i have too. but person below has mentioned the content
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ballball
Elite |
30-Jan-2013 21:49
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How to make the FORM3.pdf content visible in my computer? Is it my computer too old? Need a change? I tried to download the lastest ver of acrobat reader, it still doesn't work. Anyone has this problem as me? | ||||
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radiantforce
Member |
30-Jan-2013 21:43
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maybe to the malaysian guy? the volume transacted is closely similar | ||||
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Insanity
Member |
30-Jan-2013 21:38
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I already summarised it for you lol
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ballball
Elite |
30-Jan-2013 21:27
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Unable to view the content of the FORM3.pdf Can someone copy and paste the content here? Thanks.
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Insanity
Member |
30-Jan-2013 20:59
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SGX Announcement Value Capital Asset Management Pte Ltd Ceasing to be a substantial shareholder 364,500,000 shares disposed via market transaction. Before transaction: 377,500,374 (8.1%) After transaction: 13,000,374 (0.28%) So who absorbed those?? |
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terencee
Master |
30-Jan-2013 19:02
Yells: "I don't entertain trolls." |
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LOL.. Those who bought at 0.022 already considered profits. Dont think will scream that much. Its those who just boarded that is screaming
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Bigmama
Elite |
30-Jan-2013 18:59
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Everyone is sitting in the roller coaster with seat belt fasten and scream and scream and scream and scream ..... but the roller coaster is still at the same place or move a meter only. What a funny sight! Lol | ||||
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mlfbac
Veteran |
30-Jan-2013 16:59
Yells: "Make Life Fun But Always Considerate" |
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almost time. 0.025 or 0.026?? any surprises... haha |
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ariesa_ohm
Member |
30-Jan-2013 16:52
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What " signal" r u referring to? Pls clarify.
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currypig
Member |
30-Jan-2013 16:45
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need to clear the 0.26 sell barrier first | ||||
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