Latest Forum Topics /
Jiutian Chemical
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JiutianC
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trademaster
Supreme |
19-Oct-2020 12:55
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hopefully got meat to sell on news...placement usually dilution? lets see...
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SAINTE
Member |
19-Oct-2020 12:53
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just heard from reliable source its placement to new shareholders......meaning it lends credence to the business. SO IMO it should gap up. Imminemt coverage should be out from the same placement agent | ||||
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AttasBoss
Elite |
19-Oct-2020 12:52
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sell on news
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BullAllTheWay
Veteran |
19-Oct-2020 12:49
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Dilution. Agreement at a lower price. Will cimb comes in?
Up or down? What do you guys think? |
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AttasBoss
Elite |
19-Oct-2020 12:43
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Placement shares price will gap up after news then follow by sell down, that's it. | ||||
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watashievil
Master |
19-Oct-2020 12:42
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no good or bad leh. price will be above 6c lur. maybe sideway trading |
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Slowandsteady
Senior |
19-Oct-2020 12:30
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Say real, can short?  | ||||
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ssw518
Supreme |
19-Oct-2020 12:24
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placement too huge, i won' t rush in, at least for next few trading days, let it stable first or below placement. my view only, dyodd.  
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Justice888
Supreme |
19-Oct-2020 12:24
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Yes good
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treetops
Elite |
19-Oct-2020 12:24
Yells: "Moments Today, Memories Tomorrow!" |
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Normally price will go up first after unhalt from placement share.
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ronleech
Elite |
19-Oct-2020 12:13
Yells: "Believe in yourself. Ride with the waves......" |
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Placement at high side..looks good | ||||
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mattohoh
Elite |
19-Oct-2020 12:05
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Good news or bad news? | ||||
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ssw518
Supreme |
19-Oct-2020 12:01
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additional 170 million shares to be issue to " investor" at 0.060. ttl at 10 million sgd. Assuming all the Placement Shares are placed out, the estimated net proceeds from the Placement, after deducting estimated fees and expenses (including listing and application fees, the Placement Commission, professional fees and other miscellaneous expenses of approximately S$300,000), is approximately S$9,951,000 (the &ldquo Net Proceeds&rdquo ).  
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vju2827
Member |
19-Oct-2020 11:56
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not much detail, place to who etc?
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borneo2017
Member |
19-Oct-2020 11:54
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Trading unhalt at 1pm
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borneo2017
Member |
19-Oct-2020 11:48
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INTRODUCTION
The Board of Directors (the ?Board? or ?Directors?) of Jiutian Chemical Group Limited (the ?Company? and together with its subsidiaries, the ?Group?) wishes to announce that the Company had, on 16 October 2020, entered into a placement agreement (the ?Placement Agreement?) with CGS-CIMB Securities (Singapore) Pte. Ltd. as the placement agent (the ?Placement Agent?). Pursuant to the Placement Agreement, the Company has agreed to offer, by way of placement, and the Placement Agent has agreed to procure purchasers and/or subscriptions on a best efforts basis for, an aggregate of up to 170,000,000 new ordinary shares in the capital of the Company (the ?Placement Shares?) at an issue price of S$0.0603 for each Placement Share (the ?Placement Price?), amounting to an aggregate consideration of up to S$10,251,000 (the ?Placement?). Under the terms of the Placement Agreement, the Placement Agent may make sub-placement arrangements in respect of its placement obligations under the Placement Agreement upon such terms and conditions as the Placement Agent deems fit. The Placement is not underwritten and will be undertaken by way of an exempt offering in Singapore in accordance with Section 274 (institutional investors) and Section 275 (accredited investors and certain other persons) of the Securities and Futures Act, Chapter 289 of Singapore. Accordingly, no prospectus, offer document or offer information statement will be issued by the Company in connection with the Placement.
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lionelpoh
Member |
19-Oct-2020 11:44
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what does it mean ? | ||||
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borneo2017
Member |
19-Oct-2020 11:42
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News out placement | ||||
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borneo2017
Member |
19-Oct-2020 11:41
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Here is the contact for company in china that I can find. Maybe good to find if there is any bad news from company directly but not sure how to call them etc.
联 系 方 式 联 系 电 话 : 86-372-540-0126 地 址 : 河 南 省 安 阳 市 龙 安 区 彰 武 街 邮 编 : 455133 |
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borneo2017
Member |
19-Oct-2020 11:38
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👍 👍 👍
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