| Latest Forum Topics / Artivision Tech |
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look@bright
Elite |
19-Dec-2020 10:15
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correction on 16 Dec, Tee Shold 40m shares not 25m.
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look@bright
Elite |
19-Dec-2020 10:07
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Below is the annoucement on 17 September 2019 for the amended S& P with MC Payment. See Page 17. You can see Tee had $3m of Series D Bonds. Hope it helps. Artivision Technologies Ltd - Announcement on ARSPA (Final)v2 (sgx.com) Asset Acquisitions and Disposals::Execution of Amended and Restated SPA on the Proposed Acquisition of Mobile Credit Payment Pte. Ltd. (sgx.com)
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look@bright
Elite |
19-Dec-2020 10:03
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Base on the annocement disclosures, Tee Wee Sien had sold a total of 83m shares. 05 Dec - 27,505,000 @ $0.0085 11 Dec - 5,000,000 @ $0.006 16 Dec - 25,000,000 @ $0.012 17 Dec - 25,000,000 @ $0.012
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Skynet4321
Master |
19-Dec-2020 09:48
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Walao ah, he only sold 5,000,000 shares. Now it sounds like 500,000,000 shares. Maybe he need money for Christmas leh?
Next question is how look@bright know Tee bought $3m MC shares.
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kimbwu
Member |
19-Dec-2020 09:24
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I' m not stating fear but facts and possiblities. I' m saying in general if this is how SGX work then there is a possibility gaps in the system. https://links.sgx.com/1.0.0/corporate-announcements/GQPFFB4BUNI1Y8Y6/daa680c55947cb096bd93a70d4037864c2403337097427472a082719c8c51785 https://links.sgx.com/1.0.0/corporate-announcements/UFAHGETE0Y2URXUE/25e3a4eb7866fcbe2d5f1c63ad1c7161a88a05cd7f7951370ea13870ad900de1  
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tofudidi
Supreme |
19-Dec-2020 09:05
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definitely not retailers. looks like the push will come once tee sell finish
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Skynet4321
Master |
19-Dec-2020 08:56
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Agree! So whoever started this fear please confirmed Tee or Ocley sold his shares. Appreciate
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Skynet4321
Master |
19-Dec-2020 08:53
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Bro, u gave me 100% confidence to reach 30, now u want to run. Like that confidence crash liao.
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Skynet4321
Master |
19-Dec-2020 08:51
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Can't be just retailers leh
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ThankYou
Supreme |
19-Dec-2020 08:29
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👍
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look@bright
Elite |
19-Dec-2020 08:02
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Good question
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look@bright
Elite |
19-Dec-2020 08:01
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it is always good to do your own good due diligence before entering the counter. I have done mine because i read all informations and announcements. @Kimbwu, i think u shouldn' t be so upset, the biggest SSH is Oxley Ching not Mr Tee, If Oxley Ching starts selling i think then got problem. For Mr Tee, he will be issued new Artivision Shares via his $3m Series D bonds in MC Payment. Infact he will ahve more shares than he currently holds after completion of RTO. Think of it why he subscribed $3m of bonds in Mc Payment?
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look@bright
Elite |
19-Dec-2020 07:55
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emm u are sitting on a profit of $12k, why not 
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eric998
Supreme |
19-Dec-2020 07:52
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Who ate up the 12? Retailers?
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ThankYou
Supreme |
19-Dec-2020 01:32
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Like that I Monday run first and put all the money into my KittyGold.
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pepperfox
Veteran |
19-Dec-2020 00:31
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This is an illogical statement with intentional verbal efforts to twist and wrangle out the truth for his/her own benefit.
1. There is no way to run away with the funds. And if so, please state which funds, and how? 2. Artivision has not been suspended before during the start of this latest RTO. Therefore the last point of that illogical statement is taken out of context. 3. Part of trading is to have price discovery a degree of element of speculation. If everything is black and white, what is there to trade anymore? Will anyone buy the higher price? The poor volume of SGX transactions is partially due to its participants? ignorance, nonsensical mentality and inability to accept the flip side of things.
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kimbwu
Member |
18-Dec-2020 22:49
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SGX, the Company and the Shareholders has to state their reason in black and white and not let the public do the guessing game.  The missing information is an opportunity to run away with public funds. I' m sure there is such possiblities looking at some of the SGX suspended companies.
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look@bright
Elite |
18-Dec-2020 22:34
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that are many reasons why he is selling his existing Artivision shares. My guess is usually for IPO/RTO there are moratorium for new shareholders, they can' t sell their shares via certain period. 
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look@bright
Elite |
18-Dec-2020 22:31
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He will have new shares for RTO   because he subscribed for $3m series D bond in Mc Payment. Means he became a shareholder in MC Payment when the bonds are converted.
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look@bright
Elite |
18-Dec-2020 22:28
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he sold via open market, it is show in the disclosure, that explains why 0.012 sellers keep being top up 
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