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I remember Tan sold shares to Bernard at 6 cents previously on married deals. Now it is reciprocating on willing buyer and willing seller basis .
Blame myself for a wrong investment decision in a wrong business. Let's see ..
Blame myself for a wrong investment decision in a wrong business. Let's see ..
Think not many people will want to exit at 0.016. The exercise price for our warrants was 0.017.
Thought we should applaud the Tan's family for buying at 0.016 instead of allowing the substantial holder to sell in open market and depress the price ? Also, it is a show of confidence after originally selling the shares to the Lim's previously.
Thought we should applaud the Tan's family for buying at 0.016 instead of allowing the substantial holder to sell in open market and depress the price ? Also, it is a show of confidence after originally selling the shares to the Lim's previously.
There is already rule that govern this, pls don?t fan emotion using twisted logic.
ACTIVIST_SPEAKS ( Date: 11-Jul-2018 18:49) Posted:
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A married deal is an off-the-market share transaction between two parties on an agreed price. Probably , seller cannot find enough buyers to absorb the 50mil. Buyer has big pocket for short term fluctuations as he sees outlook is good ?
This also happen in Midas more than 50million and SGX also keep quiet.
ACTIVIST_SPEAKS ( Date: 11-Jul-2018 09:29) Posted:
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So, it must be sold by substantial shareholder and he has to declare to SGX ? Gap up soon if the buyer sweep more from open market ?
If bought by substantial shareholder, we will know in SGX filing right ?
50m shares married at 0.016, 45% above the last done price.
Asistic NOTICE OF ANNUAL GENERAL MEETING is out. What is our next plan?
All Resolution can approve???
Should there a re-election of board members?
Asistic NOTICE OF ANNUAL GENERAL MEETING is out. What is our next plan?
All Resolution can approve???
Should there a re-election of board members?
50,000,000 buy at 0.016 at 15.19pm to 15.21pm.
hschsc ( Date: 10-Jul-2018 15:31) Posted:
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The fire is start. What is the next step? who call the buy??
hschsc ( Date: 10-Jul-2018 07:28) Posted:
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Waiting for the answer from Brian Chang Holdings.Over a week ,still no outcome?
ACTIVIST_SPEAKS ( Date: 09-Jul-2018 22:35) Posted:
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Waiting for the answer from Brian Chang Holdings.
smartrader ( Date: 01-Jul-2018 10:34) Posted:
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Seem like change of director is inevitable . Who will decide the next A team of directors ?
" Representatives of the Board have met up with representatives of Brian Chang Holdings (S) Pte Ltd
referred to in the Article to seek clarification on the matter and are awaiting for an official response from
Brian Chang Holdings (S) Pte Ltd"
The board still has hope that they will not have to step down. Wait for the news. Ha!Ha!
The board still has hope that they will not have to step down. Wait for the news. Ha!Ha!
ACTIVIST_SPEAKS ( Date: 27-Jun-2018 18:54) Posted:
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Later the TAN family ANGRY sell their shares away? then who gonna eat?
ACTIVIST_SPEAKS ( Date: 27-Jun-2018 11:30) Posted:
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" Chang says that he prefers to wait for the board to respond to the letter before commenting further. "
The board of directors is still unable to answer questions. According to the company' s most recent annual report, Bobby Lim, a non-executive, non-independent director at Tai Sin, owns the single-largest size of 14% in Asiatic. His son Bernard, Tai Sin' s CEO, owns 9.8%. In Total, Chang and the Lims control 37.2% of Asiatic, Calling AGM IS NO PROBLEM at all.
The board of directors is still unable to answer questions. According to the company' s most recent annual report, Bobby Lim, a non-executive, non-independent director at Tai Sin, owns the single-largest size of 14% in Asiatic. His son Bernard, Tai Sin' s CEO, owns 9.8%. In Total, Chang and the Lims control 37.2% of Asiatic, Calling AGM IS NO PROBLEM at all.
Shareholders fighting among eash other is no good for the company....look at Datapulse,Singpost Raffles Education etc...Suba Reits
johnng ( Date: 26-Jun-2018 09:49) Posted:
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got big supporter come..wow
Asiatic' s second-largest shareholder calls for EGM to replace board
https://www.theedgesingapore.com/asiatics-second-largest-shareholder-calls-egm-replace-board
https://www.theedgesingapore.com/asiatic-defends-power-plant-investments-face-shareholders-criticisms