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TAIWAN ADR rise from NT$1 to $4.30
kirana
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06-Feb-2016 21:09     
 
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Is that some Chinese wordings corrupted by web upload? AT this point in time, UE back in the news. However, nothing solid or concrete will appear. A lot of punters are still wary.
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jiazhouyangguang
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06-Feb-2016 07:52     
 
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å?¦å¤?ï¼?å?¬å?¸ä¸?MFLXç??æ?§è?¡è?¡ä¸?UELï¼?注ï¼?UELé??è¿?WTå??UWTå??计æ??æ??MFLXç??14,817,052è?¡æ?®é??è?¡ï¼?约å? MFLXå??è¡?å?¨å¤?æ?®é??è?¡ç??60.2%ï¼?ã??WTå??UWT签署ã??æ?¯æ??å??è®®ã??ï¼?SUPPORTING AGREEMENTï¼?ï¼?约å®?UELå°?ç?¨9,720,610è?¡æ?®é??è?¡ï¼?约å? MFLXå??è¡?å?¨å¤?æ?®é??è?¡ç??39.5%ï¼?æ?¯æ??ä¸?山精å¯?æ?¶è´­MFLXå?¬å?¸100%è?¡æ??äº?项ã??

Qanghoo      ( Date: 05-Feb-2016 19:35) Posted:



Wah, really kicking myself.  Mflx sale will net UE one-time gain of 115 mil.  Px up 20c from when I was watching it (but NATO) two days ago.  Monkey god not guiding me leh.  OCBC which has deemed interest of 21% in UE shd reflect a gain of 24.1 mil in their account, shdn' t they?

Qanghoo      ( Date: 05-Feb-2016 16:14) Posted:



If my antique memory is still functional, yes, through WBL.  But there again, my mchip not updated for a long time already. 


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Qanghoo
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05-Feb-2016 19:35     
 
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Wah, really kicking myself.  Mflx sale will net UE one-time gain of 115 mil.  Px up 20c from when I was watching it (but NATO) two days ago.  Monkey god not guiding me leh.  OCBC which has deemed interest of 21% in UE shd reflect a gain of 24.1 mil in their account, shdn' t they?

Qanghoo      ( Date: 05-Feb-2016 16:14) Posted:



If my antique memory is still functional, yes, through WBL.  But there again, my mchip not updated for a long time already. 

jiazhouyangguang      ( Date: 05-Feb-2016 15:40) Posted:



is MFLX still under UE?

Multi-Fineline Electronix, Inc. (NASDAQ: MFLX) (the " Company" or " MFLEX" ), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, and Suzhou Dongshan Precision Manufacturing Co., Ltd. (" DSBJ" ) (SZSE: 002384), one of the largest suppliers of precision sheet metal components, headquartered in Suzhou, China, today announced that they have entered into a definitive merger agreement providing for DSBJ' s acquisition of MFLEX. Under the terms of the agreement, MFLEX stockholders will receive $23.95 in cash for each share of MFLEX common stock held at the close of the transaction. The transaction will be funded by DSBJ through a combination of cash on hand, existing credit facilities and new debt financing, and is not subject to a financing condition. The proposed transaction values MFLEX' s equity at approximately $610.0 million, on a fully diluted basis, and represents a premium of 40.8% over MFLEX' s closing stock price on February 3, 2016 and a premium of 52.2% over its thirty-day volume-weighted average closing stock price. The agreement was unanimously approved by the respective Board of Directors of MFLEX and DSBJ.

" We are pleased to have reached this agreement, which we believe realizes significant, immediate cash value for our stockholders, offers new opportunities for our employees and supports the future needs of our customers,"   said Reza Meshgin, Chief Executive Officer of MFLEX.  " Positioning MFLEX within a larger manufacturing conglomerate will also open new market opportunities for our flexible printed circuit and assembly solutions, further supporting the Company' s long-term growth outlook. In turn, our Board has unanimously concluded that partnering with DSBJ is the best strategic path forward for MFLEX."

" This transaction is a continuation of our growth and diversification strategy, and represents a new milestone in DSBJ' s 35-year business history," said Yuan Yonggang, Chairman and President of DSBJ. " The outstanding management team and employees of MFLEX have built a global leader in flexible printed circuit design and manufacturing with a marquee customer list. Working together, we believe we can expand MFLEX' s brand and leadership in the mobility space, while accelerating market opportunities in the automotive, industrial, display and other fast-growing consumer segments. There are meaningful sales synergies we expect to realize through this acquisition given our complementary customer, product and manufacturing footprints."

The transaction, which is expected to close in the third quarter of fiscal 2016, is subject to approval by MFLEX and DSBJ stockholders, regulatory approvals, including antitrust review in the U.S. and the People' s Republic of China, review and clearance by the Committee on Foreign Investment in the U.S. and other customary closing conditions. Following the closing of the transaction, MFLEX will continue to make its headquarters in Irvine, California as an independent business unit of DSBJ. Mr. Meshgin and the MFLEX senior management team are expected to remain with MFLEX in their same capacities.   


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Qanghoo
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05-Feb-2016 16:14     
 
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If my antique memory is still functional, yes, through WBL.  But there again, my mchip not updated for a long time already. 

jiazhouyangguang      ( Date: 05-Feb-2016 15:40) Posted:



is MFLX still under UE?

Multi-Fineline Electronix, Inc. (NASDAQ: MFLX) (the " Company" or " MFLEX" ), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, and Suzhou Dongshan Precision Manufacturing Co., Ltd. (" DSBJ" ) (SZSE: 002384), one of the largest suppliers of precision sheet metal components, headquartered in Suzhou, China, today announced that they have entered into a definitive merger agreement providing for DSBJ' s acquisition of MFLEX. Under the terms of the agreement, MFLEX stockholders will receive $23.95 in cash for each share of MFLEX common stock held at the close of the transaction. The transaction will be funded by DSBJ through a combination of cash on hand, existing credit facilities and new debt financing, and is not subject to a financing condition. The proposed transaction values MFLEX' s equity at approximately $610.0 million, on a fully diluted basis, and represents a premium of 40.8% over MFLEX' s closing stock price on February 3, 2016 and a premium of 52.2% over its thirty-day volume-weighted average closing stock price. The agreement was unanimously approved by the respective Board of Directors of MFLEX and DSBJ.

" We are pleased to have reached this agreement, which we believe realizes significant, immediate cash value for our stockholders, offers new opportunities for our employees and supports the future needs of our customers,"   said Reza Meshgin, Chief Executive Officer of MFLEX.  " Positioning MFLEX within a larger manufacturing conglomerate will also open new market opportunities for our flexible printed circuit and assembly solutions, further supporting the Company' s long-term growth outlook. In turn, our Board has unanimously concluded that partnering with DSBJ is the best strategic path forward for MFLEX."

" This transaction is a continuation of our growth and diversification strategy, and represents a new milestone in DSBJ' s 35-year business history," said Yuan Yonggang, Chairman and President of DSBJ. " The outstanding management team and employees of MFLEX have built a global leader in flexible printed circuit design and manufacturing with a marquee customer list. Working together, we believe we can expand MFLEX' s brand and leadership in the mobility space, while accelerating market opportunities in the automotive, industrial, display and other fast-growing consumer segments. There are meaningful sales synergies we expect to realize through this acquisition given our complementary customer, product and manufacturing footprints."

The transaction, which is expected to close in the third quarter of fiscal 2016, is subject to approval by MFLEX and DSBJ stockholders, regulatory approvals, including antitrust review in the U.S. and the People' s Republic of China, review and clearance by the Committee on Foreign Investment in the U.S. and other customary closing conditions. Following the closing of the transaction, MFLEX will continue to make its headquarters in Irvine, California as an independent business unit of DSBJ. Mr. Meshgin and the MFLEX senior management team are expected to remain with MFLEX in their same capacities.   

Qanghoo      ( Date: 05-Feb-2016 12:46) Posted:



If real I' ll have to bash my head against the wall for procrastinating. 


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jiazhouyangguang
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05-Feb-2016 15:40     
 
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is MFLX still under UE?

Multi-Fineline Electronix, Inc. (NASDAQ: MFLX) (the " Company" or " MFLEX" ), a leading global provider of high-quality, technologically advanced flexible printed circuits and assemblies, and Suzhou Dongshan Precision Manufacturing Co., Ltd. (" DSBJ" ) (SZSE: 002384), one of the largest suppliers of precision sheet metal components, headquartered in Suzhou, China, today announced that they have entered into a definitive merger agreement providing for DSBJ' s acquisition of MFLEX. Under the terms of the agreement, MFLEX stockholders will receive $23.95 in cash for each share of MFLEX common stock held at the close of the transaction. The transaction will be funded by DSBJ through a combination of cash on hand, existing credit facilities and new debt financing, and is not subject to a financing condition. The proposed transaction values MFLEX' s equity at approximately $610.0 million, on a fully diluted basis, and represents a premium of 40.8% over MFLEX' s closing stock price on February 3, 2016 and a premium of 52.2% over its thirty-day volume-weighted average closing stock price. The agreement was unanimously approved by the respective Board of Directors of MFLEX and DSBJ.

" We are pleased to have reached this agreement, which we believe realizes significant, immediate cash value for our stockholders, offers new opportunities for our employees and supports the future needs of our customers,"   said Reza Meshgin, Chief Executive Officer of MFLEX.  " Positioning MFLEX within a larger manufacturing conglomerate will also open new market opportunities for our flexible printed circuit and assembly solutions, further supporting the Company' s long-term growth outlook. In turn, our Board has unanimously concluded that partnering with DSBJ is the best strategic path forward for MFLEX."

" This transaction is a continuation of our growth and diversification strategy, and represents a new milestone in DSBJ' s 35-year business history," said Yuan Yonggang, Chairman and President of DSBJ. " The outstanding management team and employees of MFLEX have built a global leader in flexible printed circuit design and manufacturing with a marquee customer list. Working together, we believe we can expand MFLEX' s brand and leadership in the mobility space, while accelerating market opportunities in the automotive, industrial, display and other fast-growing consumer segments. There are meaningful sales synergies we expect to realize through this acquisition given our complementary customer, product and manufacturing footprints."

The transaction, which is expected to close in the third quarter of fiscal 2016, is subject to approval by MFLEX and DSBJ stockholders, regulatory approvals, including antitrust review in the U.S. and the People' s Republic of China, review and clearance by the Committee on Foreign Investment in the U.S. and other customary closing conditions. Following the closing of the transaction, MFLEX will continue to make its headquarters in Irvine, California as an independent business unit of DSBJ. Mr. Meshgin and the MFLEX senior management team are expected to remain with MFLEX in their same capacities.   

Qanghoo      ( Date: 05-Feb-2016 12:46) Posted:



If real I' ll have to bash my head against the wall for procrastinating. 

john_ric      ( Date: 05-Feb-2016 12:45) Posted:



takve over HOPE again?


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Qanghoo
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05-Feb-2016 12:46     
 
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If real I' ll have to bash my head against the wall for procrastinating. 

john_ric      ( Date: 05-Feb-2016 12:45) Posted:



takve over HOPE again?

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john_ric
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05-Feb-2016 12:45     
 
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takve over HOPE again?
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rlong8288
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05-Feb-2016 12:43     
 
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This is this year surprise ANG POW Share, HUAT AH... to all vested this week
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Qanghoo
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05-Feb-2016 12:40     
 
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UE track record good.  Past halts used to end up positive.  Yesterday, up 3.5c I was already kicking myself.  So, yes, I expect positive announcement.  But don' t over hope so u won' t get disppointed in case it' s not. 

john_ric      ( Date: 05-Feb-2016 12:18) Posted:



you mean good news coming?

Qanghoo      ( Date: 05-Feb-2016 10:35) Posted:



Sway, I' d been bio-ing this one n forgot to jeep when hit 176 two days ago. 


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john_ric
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05-Feb-2016 12:18     
 
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you mean good news coming?

Qanghoo      ( Date: 05-Feb-2016 10:35) Posted:



Sway, I' d been bio-ing this one n forgot to jeep when hit 176 two days ago. 

john_ric      ( Date: 05-Feb-2016 10:31) Posted:



trading HALT today.

 

any NEWS??


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Qanghoo
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05-Feb-2016 10:35     
 
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Sway, I' d been bio-ing this one n forgot to jeep when hit 176 two days ago. 

john_ric      ( Date: 05-Feb-2016 10:31) Posted:



trading HALT today.

 

any NEWS??

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john_ric
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05-Feb-2016 10:31     
 
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trading HALT today.

 

any NEWS??
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kirana
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21-Oct-2015 10:57     
 
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Do you think big boys loading?
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rlong8288
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06-Oct-2015 13:58     
 
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Is it time to load some...
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kirana
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24-Aug-2015 14:11     
 
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Hey I am reading here as when ahving some time. No, not yet. Sold some cash ones at 2.48.
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Breeze
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24-Aug-2015 14:08     
 
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did u buy more ?

kirana      ( Date: 10-May-2015 16:16) Posted:



I think already got people grab. Seriously, I will grab if really 2.20. The market is anybody' s guess. Let it be and it will take time to realize true value. I don' t think Mr C is that ' small' person to grab like small traders/players/investors like many of us, who hope to get some extra cash for holidays and such. But Ms C could be that kind of mindset though anytime much much larger than all of us who posts here combined.

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Breeze
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24-Aug-2015 14:07     
 
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how ? where is ah chai ?

1.93 now
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hlfoo2010
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18-Jun-2015 12:54     
 
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Refuse to drop more???

Waiting for   2.42 less
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Qanghoo
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17-Jun-2015 22:55     
 
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In this country where corporate governance is preached almost like a religion, it is a complete letdown that time n again even large-cap blue chips with supposedly strong govenance regimes are surfacing such issues.  One has to be really circumspect to what hanky panky business goes on behind the facade of polished public statements n glossy financial reports.  I think we ought to be very concerned as to whether we have entrenched ourselves with a false sense of security. 

greenteaapple      ( Date: 17-Jun-2015 21:43) Posted:



http://btd.sg/1d0XMKY

JUN 17, 2015  8:06 PM


UNITED Engineers (UE), a diversified property and engineering company, announced after the market closed on Wednesday that it has found a series of irregular transactions in relation to its subsidiaries.

Based on available information and pending further inquiries, these transactions appear to have taken place between 2010 and 2015 and the value of the contracts amount to approximately S$11 million, the company said.

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greenteaapple
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17-Jun-2015 21:43     
 
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http://btd.sg/1d0XMKY

JUN 17, 2015  8:06 PM


UNITED Engineers (UE), a diversified property and engineering company, announced after the market closed on Wednesday that it has found a series of irregular transactions in relation to its subsidiaries.

Based on available information and pending further inquiries, these transactions appear to have taken place between 2010 and 2015 and the value of the contracts amount to approximately S$11 million, the company said.
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