| Latest Forum Topics / Imperium Crown Last:0.007 -- |
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BIG M&A COMING?
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Lazada
Member |
10-Mar-2017 16:24
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What NZ mean?
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Zindarion
Veteran |
10-Mar-2017 15:49
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Finally moved
Reach NZ also can take dividends Thanks ya. Sweet |
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teeth53
Supreme |
10-Mar-2017 14:05
Yells: "don't learn through life, learn to grow with life " |
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Hopefully better then 0.001... | |||||||||||||||
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AndyLoss
Master |
10-Mar-2017 12:45
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the dividend is only 0.001 in the past...so not sure what is the news...
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davidoch
Senior |
10-Mar-2017 09:55
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sorry, not buyer but some good news on cd or bonuses issue... |
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davidoch
Senior |
10-Mar-2017 09:49
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possible.... |
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AndyLoss
Master |
10-Mar-2017 09:42
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any news om this 6℅ up...today...have they found the buyers :) | |||||||||||||||
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Lazada
Member |
10-Mar-2017 09:34
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Move today   5HT
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teeth53
Supreme |
02-Mar-2017 08:09
Yells: "don't learn through life, learn to grow with life " |
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The Target GEM. A pte ltd coy established in S' pore in Nov 2016 and principally engaged in investment holding. GEM owns 100% equity interest in Linyi Yin Sheng Hua Mei Ti Co., Ltd. (临 沂 银 升 文 化 媒 体 有 限 公 司 ), a wholly foreign-owned enterprise (&ldquo Linyi Yin Sheng&rdquo ), incorporated in PRC. Linyi Yin Sheng in turn owns 80% of Linyi Qi Shi Cheng Ying Shi Wen Lu Co., Ltd. (临 沂 奇 石 城 影 视 文 旅 有 限 公 司 ), a coy incorporated in the PRC. The remaining 20% of Linyi Qi Shi is held by a state-owned enterprise representing the state govt of Feixian County, Shandong, PRC. Linyi Qi Shi holds 40 yrs&rsquo operating rights to Wonder Stone Park( 费 县 中 华 奇 石 城 ), which is located in Shandong, PRC, and owns a hotel situated in Wonder Stone Park. (GEM, Linyi Yin Sheng and Linyi Qi Shi shall be referred to collectively as the &ldquo Target Grp&rdquo ) As at 15 Feb 2017, based on the unaudited accounts provided by the Vendor, NTA value for Target Grp was approximately S$13,655,000. For financial period from 7 Nov 2016 (i.e. incorporation date of GEM) to 15 Feb 2017, the net loss of the Target Grp was S$2,000. The Properties Background. The Target Group, through Linyi Qi Shi, owns the Hotel and also holds approximately 40 yrs&rsquo of operating rights to Wonder Stone Park (collectively, the &ldquo Properties&rdquo ), both of which are located in a commercial precinct in Fei County, Shandong, PRC. The Properties were originally owned by the local Feixian govt. Pursuant to the local govt&rsquo s plans and policies to encourage investment and participation by private enterprises in assets of this nature, the Target Grp acquired an interest in the Properties from the local govt. This was achieved through the establishment of the aforesaid Linyi Qi Shi, 80-20 joint venture with local Feixian govt. The Wonder Stone Park is owned by the local Feixian govt. Linyi Qi Shi has acquired a 40-year operating rights to the Wonder Stone Park which allows the Target Grp to amongst others, develop and commercialise the park. The operating rights expires in 2056. The Wonder Stone Park has a total area of three million square metres and is situated within a five-minute drive from the city centre, bus terminal and a high speed rail station which would be operational in 2018. The Wonder Stone Park is currently a tourist site with an &ldquo AAAA&rdquo rating under the Tourist Attraction Rating Categories of China (旅 游 景 区 质 量 等 级 )*. It is a free-entry park exhibiting naturally occurring stone boulders and rocks of a wide variety of sizes, colour and patterns and which are native to the Shandong region. Wonder Stone Park will be developed into a commercial development and a tourist attraction with a theme park featuring rides and attractions. Development of the Wonder Stone Park is expected to commence in mid-2017 and the initial phase of the development is expected to be completed by 2018. Developing cost. Wonder Stone Park is expected to be in the range of S$40 million to S$50 million based on current development plans and estimates. Note: * The Tourist Attraction Rating Categories of China (旅 游 景 区 质 量 等 级 ) is a rating system administered by the China National Tourism Administration to determine the quality of the attraction in terms of the following factors, including but not limited to basic amenities, transportation and number of visitors. There are five categories, of which AAAA is the second highest rating. The Hotel The Hotel is owned by Linyi Qi Shi. It sits on an area of 24,156 square metres. |
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teeth53
Supreme |
02-Mar-2017 07:45
Yells: "don't learn through life, learn to grow with life " |
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http://infopub.sgx.com/FileOpen/Imperium%20Crown%20-%20Proposed%20Acquisition%20of%20GEM.ashx?App=Announcement& FileID=441813 Imperium Crown, wishes to announce, Coy had on 27 Feb 2017 entered into a sale and purchase agreement with Fortsmith Investments Limited to acquire 27% of the issued and paid-up capital of Global Entertainment Media Pte. Ltd. (the &ldquo Sale Shares&rdquo ) (the &ldquo Target&rdquo or &ldquo GEM&rdquo ) (the Proposed Acquisition and the Coy, the Vendor and the Target shall be referred to collectively as the &ldquo Parties&rdquo ). 1.2 - Upon completion of the Proposed Acquisition, shareholding structure of target will be as follows:  No. of shares after Completion Imperium Crown Limited (27%) Fortsmith Investments Limited (73%). Upon completion of Proposed Acquisition, GEM will be an associatd coy of the coy. The Vendor&rsquo s sole shareholder and director is Sun Bowen. 2 Sun Bowen is a PRC national and MD of Fabchem China Ltd, a commercial explosives coy listed on the Mainboard of SGX Exch Securities Trading Limited. He has more than 20 yrs of experience in explosives industry and has diverse investments in PRC. Sun obtained his degree in Chemical Engineering from Qingdao Uni of Science & Technology. As at the date of this announcement, neither the Vendor nor Sun has any shareholding interests (direct or indirect) in the Coy. The Coy announced on 1 Nov 2016. A proposed acquisition of a 30% stake in two cineplexes from the vendor, Shandong Yinguang Wen Chuang Yuan Co., Ltd. Sun Bowen is one of the ultimate shareholders of the said vendor. The said proposed acquisition has since been aborted, as announced by the Coy on 23 Feb 2017. Save as disclosed, the Vendor and Sun Bowen are independent third parties who are unrelated to the Directors and/or controlling shareholders of the Coy and their respective associates.    |
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Lazada
Member |
02-Mar-2017 06:48
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trading half lifted   02 Mar 2017
  02 Mar 2017
  02 Mar 2017
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NoRiskNoGain
Veteran |
28-Feb-2017 16:23
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Hopefully is news about divestment on jap properties above valuation value 😀
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Zindarion
Veteran |
28-Feb-2017 12:51
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not lifting halt yet... more news to come?
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AndyLoss
Master |
28-Feb-2017 00:31
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Feb 27 Imperium Crown Ltd: * Proposed acquisition of shares in Development West Pty Ltd * Aggregate consideration for purchase of sale shares is S$2.5 million * Co entered into a conditional sale and purchase agreement as purchaser, with Lionbridge Asset Management Limited as vendor * Proposed acquisition is not expected to have any material impact on consolidated earnings per share of group for FY ending 30 june 2017 Source text for Eikon: Further company coverage:
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AndyLoss
Master |
28-Feb-2017 00:27
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what is the impact of this news ? :) |
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teeth53
Supreme |
27-Feb-2017 22:49
Yells: "don't learn through life, learn to grow with life " |
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The purchase of the Sale Shares is SGD  S$2,450,000  which will be paid by the Coy in the following manner: (1) SGDS$1,000,000 (" Good Faith Deposit" ) to be paid to Vendor' s lawyers upon execution of Agreement, held in escrow for Coy in client' s account of Vendor' s lawyers, payable on completion of Proposed Acquisition and (2) SGDS$1,450,000 payable on Completion. The Consideration was arrived at pursuant to arms' length negotiations between Coy and Vendor on a willing-buyer willing-seller basis, after taking into account the value of the land held by Trust for Development. Land valuation reported provided to the Coy by Trustee, provides a valuation of Australian Dollar A$10,400,000. The valuation report provided was issued by Savills Valuations Pty Ltd as of 19 Oct 2016. With respect to Valuation Report that Coy was provided with, Coy was satisfied with the &ldquo As-Is&rdquo market value approach used by Savills for its valuation of the Land. As part of the due diligence process that will be undertaken. Coy will commission an independent valuation report in respect of the Land as part of completion to the Proposed Acquisition. The " Good Faith Deposi" t will be returned to Coy if agreement is terminated before Completion. Completion conditional is upon conditions set out in agreement being satisfied, or waived in writing by Coy or Vendor, on or before  longstop date, being 30 April 2017 or such time and date as Parties may from time to time agree in writing. |
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teeth53
Supreme |
27-Feb-2017 22:28
Yells: "don't learn through life, learn to grow with life " |
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Located at 1 Richardson Street, South Perth, Western Australia.  http://infopub.sgx.com/FileOpen/Imperium%20-%20acquisition%20of%20shares%20in%20Development%20West.ashx?App=Announcement& FileID=441084 Upon completion of Proposed Acquisition, Development West will become a wholly-owned subsidiary of the Coy. Imperium Crown has on 25 Feb 2017 entered into a conditional sale and purchase agreement as the purchaser, with Lionbridge Asset Mgt Limited as vendor, to acquire 100% in the issued share capital of Development West Pty Ltd. The Vendor wholly owns Development West.   Development West owns approximately a 27% interest in Richardson Trust, (trust deed dated 16 April 2013) and administered by Richardson 1, Pty Ltd, a coy acting as trustee. The Trust through the Trustee is the developer of, and controls and manages a mix development comprising residential and commercial units at 1 Richardson Street, South Perth, Western Australia, A property development project of prime real estate. The Development is specially designed, (to be built) and developed into a boutique commercial and residential complex comprising 75 strata-titled units of boutique art-featured apartments and commercial units which are designed to be used as offices.  |
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AndyLoss
Master |
27-Feb-2017 12:50
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hope they have sold the properties at good price...
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Zindarion
Veteran |
27-Feb-2017 12:31
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hopefully the management found something to invest.   |
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Zindarion
Veteran |
27-Feb-2017 12:29
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standard halt is 3 days maximum
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