| Latest Forum Topics / Avarga |
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UPP
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Skynet4321
Master |
16-Oct-2020 23:20
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Still can chiong in Monday PQ
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nott1965
Veteran |
16-Oct-2020 22:55
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Shiok! My$20k investment changing to $40k in less than a year! Now wait for power plant listing in myammar to change to $60k | ||||
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Octavia
Supreme |
16-Oct-2020 21:08
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APPOINTMENT OF ADVISER &ndash POSSIBLE LISTING OF PAPER MANUFACTURING  BUSINESS The board of directors (the &ldquo Board&rdquo ) of Avarga Limited (the &ldquo Company&rdquo ) refers to the Company&rsquo s response to the queries from the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) on  24 August 2020 regarding the unusual price movements in the Company&rsquo s shares. In the response, the Company had indicated that, as an investment company focused on creating value  through strategic investments, the Company is constantly considering possible corporate actions and  exercises to increase shareholder returns. Further, the Company is also exploring opportunities relating  to its paper manufacturing business. Such opportunities include the expansion and/or a potential listing  of this business.  The Board wishes to announce that UPP Pulp & Paper (M) Sdn Bhd, the Company&rsquo s wholly-owned  subsidiary in Malaysia, has today entered into an agreement to appoint Public Investment Bank Berhad as an adviser to explore and advise on a possible listing of the paper manufacturing business on the  Main Market of Bursa Securities (the &ldquo Proposed Listing&rdquo ). The Board would like to highlight that the Proposed Listing is at a preliminary stage and is subject to  evaluation by the Board. The Proposed Listing would be dependent on many factors such as, inter alia,  the results of the exploratory work and preparatory work to be undertaken, the approvals (whether from  the relevant regulatory authorities or otherwise) that may be required, and the prevailing market  conditions. There is no assurance that the Proposed Listing will materialise or be proceeded with. Shareholders and potential investors are reminded to exercise caution when dealing in the securities of  the Company and should consult their stockbrokers, bank managers, solicitors, accountants or other  professional advisers if they are in doubt about the actions that they should take. The Company will make further announcements of this matter at the appropriate junctures. BY ORDER OF THE BOARD Ian Tong Chief Executive Officer 16 October 2020 |
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pkli899
Supreme |
16-Oct-2020 20:53
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To be listed in Malaysia! What a let down. |
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PQTPQK
Supreme |
16-Oct-2020 20:23
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wasted didnt buy more
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Skynet4321
Master |
16-Oct-2020 20:01
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News out liao. Avarga has entered into agreement to list UPP Paper. You can see in sgx announcement. Sorry no idea how to attach. | ||||
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Skynet4321
Master |
16-Oct-2020 18:34
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Sure bou..Good u have bullets! Go go go!!
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Tradehuatt
Member |
16-Oct-2020 17:55
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Huat arhh 450 lots now i think i will add another 50lots to make it 500lots | ||||
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shk363
Elite |
16-Oct-2020 17:37
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potential listing. huat ah | ||||
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Tradehuatt
Member |
16-Oct-2020 16:59
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HAHAH too much strength for a while alrdy. Time for a rest
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shk363
Elite |
16-Oct-2020 15:52
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bull mkt but avarga no bull | ||||
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Skynet4321
Master |
16-Oct-2020 15:51
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Wait for news bah
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Tradehuatt
Member |
16-Oct-2020 15:44
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Quiet day lets see last 30min | ||||
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Tradehuatt
Member |
16-Oct-2020 09:06
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Overall sentiments for first 5 min looks good | ||||
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Skynet4321
Master |
16-Oct-2020 07:48
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I didn't take note of the major shareholders structure, thanks for sharing. My view is if this 2 mojors eat up more, then they probably better privatise. However if privatising, where are they going to raise capital for any expansion plans?
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Ligaya
Master |
15-Oct-2020 22:06
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maybe this was the good thing you saw but i dun understand the rational. I assumed since the two main insiders are holding 50% of avarga and in turn holding 70% taiga, they will buy back shares and beef up internal strength for residue dividends  https://www.nextinsight.net/story-archive-mainmenu-60/943-2020/13794-avarga-good-things-to-expect-going-forward
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Superfast
Supreme |
15-Oct-2020 20:42
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True oso.... Consolidate..... +-1c....
Then.......~ Huat ah
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Skynet4321
Master |
15-Oct-2020 20:06
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I remember something they will distribute 40% profit to shareholders
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Tradehuatt
Member |
15-Oct-2020 19:42
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Previous year is 9 nov. Wow i just realises that avarga gives about 0.01 div every year. Div is going to increase as taiga is contributing to a lot of avarga's profit | ||||
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PQTPQK
Supreme |
15-Oct-2020 17:48
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when is the result coming out ?
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