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Berani Elite	16-Nov-2017 14:22        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	push push push !!! please Msport      ( Date: 16-Nov-2017 14:15) Posted: maybe after 4pm...0.02 will be gone... Berani      ( Date: 16-Nov-2017 13:51) Posted: got ppl eat... few million shares at 0.019.... should continue push m
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Msport Elite	16-Nov-2017 14:15        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	maybe after 4pm...0.02 will be gone... Berani      ( Date: 16-Nov-2017 13:51) Posted: got ppl eat... few million shares at 0.019.... should continue push ma Msport      ( Date: 16-Nov-2017 13:21) Posted: likely tomorrow..
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Berani Elite	16-Nov-2017 13:51        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	got ppl eat... few million shares at 0.019.... should continue push ma Msport      ( Date: 16-Nov-2017 13:21) Posted: likely tomorrow... Berani      ( Date: 16-Nov-2017 12:52) Posted: need to clear 0.02... in order for this stock to run non sto
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Msport Elite	16-Nov-2017 13:21        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	likely tomorrow... Berani      ( Date: 16-Nov-2017 12:52) Posted: need to clear 0.02... in order for this stock to run non stop Msport      ( Date: 16-Nov-2017 12:36) Posted: ARTIVISION: To transform into one of the first listed fintech companies on SGX Written by  Leong Chan Teik   Published: 02 November 2017           For all its life as a listed company, Artivision Technologies tried to make inroads with its proprietary video management and solutions technology. Didn' t happen.    It has the dubious distinction of delivering revenue averaging just S$4.5 million a year in its past 10 financial years.  And it has never had a profitable year. Instead, it burnt through a lot of cash which it raised not only at its IPO in 2008 but subsequently through rights issues, bond issues and share placements.  By 30 June 2017, its accumulated losses had come up to a staggering S$72.5 million. Time for change.  In early 2017, Artivision sought to divest its core business (Artimedia) but a potential acquirer decided against buying it. See:  ARTIVISION: Cash to exceed share price soon?   In August, Artimedia was finally sold to Artivision' s co-founder, executive director and chief technology officer, Dr  Ofer Miller. This week, Artivision said it  signed a conditional and non-binding Heads of Agreement to acquire a 100% stake in  Mobile Credit Payment (&ldquo MC Payment&rdquo ), including its  convertible bonds. This a reverse takeover attempt.  It' s spearheaded by Mr Ching Chiat Kwong, who first became a substantial shareholder of Artivision in 2012 and has since seen his initial and subsequent investments dwindle significantly in value.  (We think he missed our 2011 story:  ARTIVISION: Not a stock for the value investor) L-R: Johnny Ng, Director of MC Payment | Robson Lee, Partner of Gibson, Dunn & Crutcher LLP | Anthony Koh, Founder & CEO of MC Payment | Susan Choo, Financial Controller of Artivision Technologies | Ching Chiat Kwong, controlling shareholder of Artivision Technologies.  Photo: Sheryl Sim The target company: MC Payment was established in Singapore in 2005 and is a pioneer of omni-channel and  omni-payment solutions in the Asia Pacific region, with a presence in  Singapore, Malaysia, Hong Kong, Thailand, Indonesia, Australia and Cambodia. MC Payment  currently provides services to over 2,000 active merchants, and its proprietary product  offerings include e-wallet applications, B2B invoicing and payments processing, mobile  point-of-sale systems, and non-cash payment products. A recent acquisition was that of Genesis Payments Solutions, one of Singapore&rsquo s  merchant acquirers for Alipay for some of the largest merchants in Singapore including  Aspial, Imperial Treasure and Sincere Fine Watches. MC Payment  recently entered into several partnerships such as with Mastercard for its frictionless retail  experience through digital mobile payment app, Qkr!.  It also jointly developed digital tokens  with iFashion for use in iFashion' s retail network of over 1,400 independent brands which  includes Artbox, a highly successful regional creative pop-up market.  MC Payment&rsquo s strategic  partners in the region include Cambodia&rsquo s Soma  Group, Sri Lanka&rsquo s Frostaire and Indonesia&rsquo s Sinar Mas Group. The base consideration for the acquisition of MC Payment is S$80.0 million with an additional consideration being equivalent to the  cash raised by MC Payment from the date of the HOA until the completion of the reverse takeover. The total consideration will be fully satisfied by Artivision issuing new shares to the shareholders and bondholders of MC Payment  at an issue price of S$0.014. The number of consideration shares  will represent at least 60.07% of the enlarged share capital of Artivision. To reduce the outstanding debt of Artivision and possible dilution to the vendors, Mr Ching  Chiat Kwong, the controlling shareholder, will  acquire all of Artivision&rsquo s outstanding bonds and options from their respective holders. He will be issued 2,000,000,000 newArtivision  shares  at S$0.014 apiece.  With that, Mr. Ching will hold about  25.18% of the enlarged share capital of Artivision.  Currently the executive chairman and CEO of Oxley Holdings, Mr  Ching will serve as a  consultant of Artivision  to connect brick-and-mortar industries to MC Payment&rsquo s  growing business of instantaneous, secure and efficient payment solutions.   Rationale for the Proposed Acquisition The proposed acquisition coincidentally comes on the back of Singapore&rsquo s push towards cashless payments.  The market for payment solutions in Singapore remains largely fragmented and offers  opportunities for consolidation as the country moves to simplify and integrate the industry.     MC Payment FY2016 Pre-tax loss S$1.46 m Net book value S$6.07 m Net tangible asset S$0.22m In line with its vision of perfecting payments through continual innovation and research, MC  Payment has also submitted a proposal to key government agencies in response to the  government&rsquo s call for a Request for Information (RFI) on a cashless payment solution. Artivision said its acquisition of one of Singapore&rsquo s earliest fintech firms is timely as it allows its  shareholders to participate in a business with a proven business model which has the  potential for significant growth. A New Chapter of Growth Mr Kenneth Goh, Executive Director and CEO of  Artivision, commented, &ldquo The expansion into the fintech business aims to  breathe new life into the Company as we reposition ourselves for long-term growth.    &ldquo I am reasonably confident  that the ability to capture the rising opportunities of the fintech industry will deliver a reasonable share of value to shareholders of the Company. As a major shareholder and  leveraging on my business network, I look forward to play a more active role in this new business venture and to steer the Company back to profitability.&rdquo -- Ching Chiat Kwong (photo), Controlling shareholder of Artivision " This  would also make us one of the first fintech companies to be listed on the Singapore Exchange, at a time when Singapore is positioning herself to be the world&rsquo s leading fintech  and innovation hub. We are confident that this is an exciting industry which offers a multitude  of growth opportunities that will provide long-term shareholder value.&rdquo Mr Anthony Koh, Founder and CEO of MC Payment, said, &ldquo The proposed  listing in Singapore through Artivision marks a significant milestone in our growth story. Over  the years, we have aimed to build a cashless society and our vision is to  be the region&rsquo s foremost omni-channel and omni-payment solutions provider. The result is  the establishment of a scalable infrastructure which transcends borders and payment systems  in the APAC region."
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Berani Elite	16-Nov-2017 12:52        Berani About Contact  Quote this Post!
x 0   x 0  Alert Admin	need to clear 0.02... in order for this stock to run non stop Msport      ( Date: 16-Nov-2017 12:36) Posted: ARTIVISION: To transform into one of the first listed fintech companies on SGX Written by  Leong Chan Teik   Published: 02 November 2017           For all its life as a listed company, Artivision Technologies tried to make inroads with its proprietary video management and solutions technology. Didn' t happen.    It has the dubious distinction of delivering revenue averaging just S$4.5 million a year in its past 10 financial years.  And it has never had a profitable year. Instead, it burnt through a lot of cash which it raised not only at its IPO in 2008 but subsequently through rights issues, bond issues and share placements.  By 30 June 2017, its accumulated losses had come up to a staggering S$72.5 million. Time for change.  In early 2017, Artivision sought to divest its core business (Artimedia) but a potential acquirer decided against buying it. See:  ARTIVISION: Cash to exceed share price soon?   In August, Artimedia was finally sold to Artivision' s co-founder, executive director and chief technology officer, Dr  Ofer Miller. This week, Artivision said it  signed a conditional and non-binding Heads of Agreement to acquire a 100% stake in  Mobile Credit Payment (&ldquo MC Payment&rdquo ), including its  convertible bonds. This a reverse takeover attempt.  It' s spearheaded by Mr Ching Chiat Kwong, who first became a substantial shareholder of Artivision in 2012 and has since seen his initial and subsequent investments dwindle significantly in value.  (We think he missed our 2011 story:  ARTIVISION: Not a stock for the value investor) L-R: Johnny Ng, Director of MC Payment | Robson Lee, Partner of Gibson, Dunn & Crutcher LLP | Anthony Koh, Founder & CEO of MC Payment | Susan Choo, Financial Controller of Artivision Technologies | Ching Chiat Kwong, controlling shareholder of Artivision Technologies.  Photo: Sheryl Sim The target company: MC Payment was established in Singapore in 2005 and is a pioneer of omni-channel and  omni-payment solutions in the Asia Pacific region, with a presence in  Singapore, Malaysia, Hong Kong, Thailand, Indonesia, Australia and Cambodia. MC Payment  currently provides services to over 2,000 active merchants, and its proprietary product  offerings include e-wallet applications, B2B invoicing and payments processing, mobile  point-of-sale systems, and non-cash payment products. A recent acquisition was that of Genesis Payments Solutions, one of Singapore&rsquo s  merchant acquirers for Alipay for some of the largest merchants in Singapore including  Aspial, Imperial Treasure and Sincere Fine Watches. MC Payment  recently entered into several partnerships such as with Mastercard for its frictionless retail  experience through digital mobile payment app, Qkr!.  It also jointly developed digital tokens  with iFashion for use in iFashion' s retail network of over 1,400 independent brands which  includes Artbox, a highly successful regional creative pop-up market.  MC Payment&rsquo s strategic  partners in the region include Cambodia&rsquo s Soma  Group, Sri Lanka&rsquo s Frostaire and Indonesia&rsquo s Sinar Mas Group. The base consideration for the acquisition of MC Payment is S$80.0 million with an additional consideration being equivalent to the  cash raised by MC Payment from the date of the HOA until the completion of the reverse takeover. The total consideration will be fully satisfied by Artivision issuing new shares to the shareholders and bondholders of MC Payment  at an issue price of S$0.014. The number of consideration shares  will represent at least 60.07% of the enlarged share capital of Artivision. To reduce the outstanding debt of Artivision and possible dilution to the vendors, Mr Ching  Chiat Kwong, the controlling shareholder, will  acquire all of Artivision&rsquo s outstanding bonds and options from their respective holders. He will be issued 2,000,000,000 newArtivision  shares  at S$0.014 apiece.  With that, Mr. Ching will hold about  25.18% of the enlarged share capital of Artivision.  Currently the executive chairman and CEO of Oxley Holdings, Mr  Ching will serve as a  consultant of Artivision  to connect brick-and-mortar industries to MC Payment&rsquo s  growing business of instantaneous, secure and efficient payment solutions.   Rationale for the Proposed Acquisition The proposed acquisition coincidentally comes on the back of Singapore&rsquo s push towards cashless payments.  The market for payment solutions in Singapore remains largely fragmented and offers  opportunities for consolidation as the country moves to simplify and integrate the industry.     MC Payment FY2016 Pre-tax loss S$1.46 m Net book value S$6.07 m Net tangible asset S$0.22m In line with its vision of perfecting payments through continual innovation and research, MC  Payment has also submitted a proposal to key government agencies in response to the  government&rsquo s call for a Request for Information (RFI) on a cashless payment solution. Artivision said its acquisition of one of Singapore&rsquo s earliest fintech firms is timely as it allows its  shareholders to participate in a business with a proven business model which has the  potential for significant growth. A New Chapter of Growth Mr Kenneth Goh, Executive Director and CEO of  Artivision, commented, &ldquo The expansion into the fintech business aims to  breathe new life into the Company as we reposition ourselves for long-term growth.    &ldquo I am reasonably confident  that the ability to capture the rising opportunities of the fintech industry will deliver a reasonable share of value to shareholders of the Company. As a major shareholder and  leveraging on my business network, I look forward to play a more active role in this new business venture and to steer the Company back to profitability.&rdquo -- Ching Chiat Kwong (photo), Controlling shareholder of Artivision " This  would also make us one of the first fintech companies to be listed on the Singapore Exchange, at a time when Singapore is positioning herself to be the world&rsquo s leading fintech  and innovation hub. We are confident that this is an exciting industry which offers a multitude  of growth opportunities that will provide long-term shareholder value.&rdquo Mr Anthony Koh, Founder and CEO of MC Payment, said, &ldquo The proposed  listing in Singapore through Artivision marks a significant milestone in our growth story. Over  the years, we have aimed to build a cashless society and our vision is to  be the region&rsquo s foremost omni-channel and omni-payment solutions provider. The result is  the establishment of a scalable infrastructure which transcends borders and payment systems  in the APAC region."
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Msport Elite	16-Nov-2017 12:36        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	ARTIVISION: To transform into one of the first listed fintech companies on SGX Written by  Leong Chan Teik   Published: 02 November 2017           For all its life as a listed company, Artivision Technologies tried to make inroads with its proprietary video management and solutions technology. Didn' t happen.    It has the dubious distinction of delivering revenue averaging just S$4.5 million a year in its past 10 financial years.  And it has never had a profitable year. Instead, it burnt through a lot of cash which it raised not only at its IPO in 2008 but subsequently through rights issues, bond issues and share placements.  By 30 June 2017, its accumulated losses had come up to a staggering S$72.5 million. Time for change.  In early 2017, Artivision sought to divest its core business (Artimedia) but a potential acquirer decided against buying it. See:  ARTIVISION: Cash to exceed share price soon?   In August, Artimedia was finally sold to Artivision' s co-founder, executive director and chief technology officer, Dr  Ofer Miller. This week, Artivision said it  signed a conditional and non-binding Heads of Agreement to acquire a 100% stake in  Mobile Credit Payment (&ldquo MC Payment&rdquo ), including its  convertible bonds. This a reverse takeover attempt.  It' s spearheaded by Mr Ching Chiat Kwong, who first became a substantial shareholder of Artivision in 2012 and has since seen his initial and subsequent investments dwindle significantly in value.  (We think he missed our 2011 story:  ARTIVISION: Not a stock for the value investor) L-R: Johnny Ng, Director of MC Payment | Robson Lee, Partner of Gibson, Dunn & Crutcher LLP | Anthony Koh, Founder & CEO of MC Payment | Susan Choo, Financial Controller of Artivision Technologies | Ching Chiat Kwong, controlling shareholder of Artivision Technologies.  Photo: Sheryl Sim The target company: MC Payment was established in Singapore in 2005 and is a pioneer of omni-channel and  omni-payment solutions in the Asia Pacific region, with a presence in  Singapore, Malaysia, Hong Kong, Thailand, Indonesia, Australia and Cambodia. MC Payment  currently provides services to over 2,000 active merchants, and its proprietary product  offerings include e-wallet applications, B2B invoicing and payments processing, mobile  point-of-sale systems, and non-cash payment products. A recent acquisition was that of Genesis Payments Solutions, one of Singapore&rsquo s  merchant acquirers for Alipay for some of the largest merchants in Singapore including  Aspial, Imperial Treasure and Sincere Fine Watches. MC Payment  recently entered into several partnerships such as with Mastercard for its frictionless retail  experience through digital mobile payment app, Qkr!.  It also jointly developed digital tokens  with iFashion for use in iFashion' s retail network of over 1,400 independent brands which  includes Artbox, a highly successful regional creative pop-up market.  MC Payment&rsquo s strategic  partners in the region include Cambodia&rsquo s Soma  Group, Sri Lanka&rsquo s Frostaire and Indonesia&rsquo s Sinar Mas Group. The base consideration for the acquisition of MC Payment is S$80.0 million with an additional consideration being equivalent to the  cash raised by MC Payment from the date of the HOA until the completion of the reverse takeover. The total consideration will be fully satisfied by Artivision issuing new shares to the shareholders and bondholders of MC Payment  at an issue price of S$0.014. The number of consideration shares  will represent at least 60.07% of the enlarged share capital of Artivision. To reduce the outstanding debt of Artivision and possible dilution to the vendors, Mr Ching  Chiat Kwong, the controlling shareholder, will  acquire all of Artivision&rsquo s outstanding bonds and options from their respective holders. He will be issued 2,000,000,000 newArtivision  shares  at S$0.014 apiece.  With that, Mr. Ching will hold about  25.18% of the enlarged share capital of Artivision.  Currently the executive chairman and CEO of Oxley Holdings, Mr  Ching will serve as a  consultant of Artivision  to connect brick-and-mortar industries to MC Payment&rsquo s  growing business of instantaneous, secure and efficient payment solutions.   Rationale for the Proposed Acquisition The proposed acquisition coincidentally comes on the back of Singapore&rsquo s push towards cashless payments.  The market for payment solutions in Singapore remains largely fragmented and offers  opportunities for consolidation as the country moves to simplify and integrate the industry.     MC Payment FY2016 Pre-tax loss S$1.46 m Net book value S$6.07 m Net tangible asset S$0.22m In line with its vision of perfecting payments through continual innovation and research, MC  Payment has also submitted a proposal to key government agencies in response to the  government&rsquo s call for a Request for Information (RFI) on a cashless payment solution. Artivision said its acquisition of one of Singapore&rsquo s earliest fintech firms is timely as it allows its  shareholders to participate in a business with a proven business model which has the  potential for significant growth. A New Chapter of Growth Mr Kenneth Goh, Executive Director and CEO of  Artivision, commented, &ldquo The expansion into the fintech business aims to  breathe new life into the Company as we reposition ourselves for long-term growth.    &ldquo I am reasonably confident  that the ability to capture the rising opportunities of the fintech industry will deliver a reasonable share of value to shareholders of the Company. As a major shareholder and  leveraging on my business network, I look forward to play a more active role in this new business venture and to steer the Company back to profitability.&rdquo -- Ching Chiat Kwong (photo), Controlling shareholder of Artivision " This  would also make us one of the first fintech companies to be listed on the Singapore Exchange, at a time when Singapore is positioning herself to be the world&rsquo s leading fintech  and innovation hub. We are confident that this is an exciting industry which offers a multitude  of growth opportunities that will provide long-term shareholder value.&rdquo Mr Anthony Koh, Founder and CEO of MC Payment, said, &ldquo The proposed  listing in Singapore through Artivision marks a significant milestone in our growth story. Over  the years, we have aimed to build a cashless society and our vision is to  be the region&rsquo s foremost omni-channel and omni-payment solutions provider. The result is  the establishment of a scalable infrastructure which transcends borders and payment systems  in the APAC region."
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Msport Elite	16-Nov-2017 12:31        Msport About Contact  Quote this Post! Style: Flexible
x 0   x 0  Alert Admin	https://www.theedgesingapore.com/these-countries-are-leading-way-asean-fintech-landscape
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