Addvalue Tech    Last:0.18    -0.01

FECB had inject few million to purchase Addvalue

Are you serious? This company is the exact replica of Jes Holdings. And we all know what happened to that company. Short at any price with TP 0.2cts (NTA) LOL... just kidding. But don' t count on that deal even materialising. Because it 99.9999999999999% will not. It isn' t 100% because sometimes people are just plain stupid to overpay for a company.

 

Anything go ask addvalue .. they good at adding value )

 

Beware that rights is in the picture. 

Totally overbidding for it? Will it last minute fail the deal?

 

 

corn job?

 

Retracing... i go book world tour liao

 

The coy say 1 hor ... not forummer, not media, not rumor ...

 

90,000% increase .. dont praypray

 

Anyone jeep.. wat px ok to jeep

 

Huat~~

 

Huat arh~

 



 

 

Now 87% rise . . lalala

 

7 mins liao, impressive.. how far can it go?

 

instant 62% rise.. woah . Still got 1 million shares..

 

Why, right issue again or strike toto ， 3· 5millim, if coy strike 3.5 millim, hosei liao

 

Lifting of Trading Halt

7/6/16   11:00 am

 

 

Trading to resume at 11.00am.

Now Buy and Sell queue at $0.039 !

 

without this annoucement, no one will subscribe the rights.... i hope the news is true since iam still holding on to the shares....., but is hard to believe

 

I thought you joking, but really no joke. 

file:///C:/Users/user/Downloads/AVTAnnouncement_on_revised_key_terms_governing_the_Disposal_070616.pdf

 

WanSiTong  Supreme

Posted: 07-Jun-2016 09:42

x 0    x 0

AN IMPORTANT ANNOUNCEMENT  UPDATE ON THE PROPOSED DISPOSAL BY ADDVALUE TECHNOLOGIES LTD (THE " COMPANY" ) OF THE ENTIRE ORDINARY SHARE CAPITAL OF ITS WHOLLY-OWNED SUBSIDIARY, ADDVALUE COMMUNICATIONS PTE LTD ( " AVC" ), CONSTITUTED BY 1,100,000,000 ORDINARY SHARES HELD BY THE COMPANY (THE " AVC SHARES" ) TO Glorious Tiancheng (Beijing) Technology Co., Ltd. (THE " BUYER" ) FOR CASH (THE " DISPOSAL" )  Reference is made to the announcement made by the Company on 25 March 2014 in connection with the conditional sale and purchase agreement the Company entered into with the Buyer on 24 March 2014 concerning the Disposal (the " S & P Agreement " ) and the various announcements made subsequently by the Company (Specifically or as a progress report contained in the periodic quarterly results announcement) in updating the status of the Disposal, the latest being made on 30 May 2016 wherein the shareholders of the Company (the " Shareholders" ) were informed that  the Company has had then advanced closer to firming up the key revised terms governing the Disposal with the Buyer.  The Board of Directors of the Company hereby would like to inform Shareholders that the Buyer has affirmed the following key revised terms governing the Disposal (The " Key Revised Terms" ):  1. The total consideration in cash for the Disposal is to be  revised from S $ 330 million to S $ 308 million  and  2. Subject to the terms of the S & P Agreement (including the conditions to be fulfilled prior to completion), both the Company and the Buyer are to work towards completing the Disposal within four months from the date hereof. Save for the above and whilst the Company and the Buyer are still in talks to finalize a supplemental agreement to the S & P Agreement to record the revised terms (Including the Key Revised Terms), all other key terms governing the Disposal (as previously announced) are expected to remain the same, or, if eventually varied, not to be materially or significantly detrimental to the interest of the Company.  FINANCIAL EFFECTS OF THE DISPOSAL BASED ON THE KEY REVISED  TERMS  1. Net Tangible Asset ( " NTA" ) Assuming that the Disposal had been completed on 31 March 2015, it would have resulted in an increase in the NTA per share of the Group  from US $ 0.0002 each to US $ 0.1949 each, an increase of approximately 97,350% or US $ 0.1947 for each share of the Group  2. Earnings / (Loss) Assuming that the Disposal had been completed on 1 April 2014, it would have changed the loss per share of the Group  from US $ 0.0052 each to earnings per share of US $ 0.1895 each      Read more .....L i n k  http://infopub.sgx.com/FileOpen/AVT-Announcement_on_revised_key_terms_governing_the_Disposal_070616.ashx?App=Announcement& FileID=408065

 

90,000 % increase? Since when they so good 1 .. carzy

 

AN IMPORTANT ANNOUNCEMENT

UPDATE ON THE PROPOSED DISPOSAL BY ADDVALUE TECHNOLOGIES
LTD (THE " COMPANY" ) OF THE ENTIRE ORDINARY SHARE CAPITAL OF ITS
WHOLLY-OWNED SUBSIDIARY, ADDVALUE COMMUNICATIONS PTE LTD
( " AVC" ), CONSTITUTED BY 1,100,000,000 ORDINARY SHARES HELD BY THE
COMPANY (THE " AVC SHARES" ) TO Glorious Tiancheng (Beijing) Technology Co., Ltd. (THE
" BUYER" ) FOR CASH (THE " DISPOSAL" )

Reference is made to the announcement made by the Company on 25 March 2014
in connection with the conditional sale and purchase agreement the Company
entered into with the Buyer on 24 March 2014 concerning the Disposal (the " S & P
Agreement " ) and the various announcements made subsequently by the Company
(Specifically or as a progress report contained in the periodic quarterly results
announcement) in updating the status of the Disposal, the latest being made on 30
May 2016 wherein the shareholders of the Company (the " Shareholders" ) were
informed that the Company has had then advanced closer to firming up the key
revised terms governing the Disposal with the Buyer.

The Board of Directors of the Company hereby would like to inform Shareholders
that the Buyer has affirmed the following key revised terms governing the Disposal
(The " Key Revised Terms" ):

1. The total consideration in cash for the Disposal is to be revised from S $ 330
million to S $ 308 million and

2. Subject to the terms of the S & P Agreement (including the conditions to be
fulfilled prior to completion), both the Company and the Buyer are to work
towards completing the Disposal within four months from the date hereof.
Save for the above and whilst the Company and the Buyer are still in talks to finalize
a supplemental agreement to the S & P Agreement to record the revised terms
(Including the Key Revised Terms), all other key terms governing the Disposal (as
previously announced) are expected to remain the same, or, if eventually varied, not
to be materially or significantly detrimental to the interest of the Company.

FINANCIAL EFFECTS OF THE DISPOSAL BASED ON THE KEY REVISED  TERMS

1. Net Tangible Asset ( " NTA" )
Assuming that the Disposal had been completed on 31 March 2015, it would have
resulted in an increase in the NTA per share of the Group from US $ 0.0002 each to
US $ 0.1949 each, an increase of approximately 97,350% or US $ 0.1947 for each
share of the Group

2. Earnings / (Loss)
Assuming that the Disposal had been completed on 1 April 2014, it would have
changed the loss per share of the Group from US $ 0.0052 each to earnings per
share of US $ 0.1895 each

 

Read more .....L i n k

http://infopub.sgx.com/FileOpen/AVT-Announcement_on_revised_key_terms_governing_the_Disposal_070616.ashx?App=Announcement& FileID=408065