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881-900 of 1075
really con job....current market price same as rights subscribe price
They are trying hard to support the trading price to stay above the rights issue price. The risk is high that the price will fall further
For the purpose of determining the provisional allotments of
Rights Shares of the Entitled Shareholders under the Rights Issue ....
An ex date is dictated by stock exchange rules and is usually set to be two business days before the record date. In order for an investor to receive a dividend payment (or rights) on the listed payment date, he would have to have his stock purchase completed by the ex date.
The ex date is the day on which all shares bought and sold no longer come attached with the right to receive the most recently declared dividend or rights issue / bonus issue.
What is the difference between record date and ex date? ..... Read more
johnnywalker ( Date: 17-May-2016 22:18) Posted:
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What does it mean by 19 May and 23 May? Difference?
sorry !
Amendment:
Ex date for rights issue : 19 may 2016 (Thursday)
WanSiTong ( Date: 17-May-2016 20:34) Posted:
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Amendment :
Ex-dividend date : 19 May 2016 (Thursday)
PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE
- NOTICE OF BOOKS CLOSURE DATE ...... L i n k
1.1 The Board of Directors (the " Directors" ) of Addvalue Technologies Ltd (the " Company" , and together with its subsidiaries, the " Group" ) refers to the Company' s previous announcements made on 30 October 2015 and 10 May 2016 (the " Previous Announcements " ) in relation to the Company' s proposed undertaking of a renounceable non-underwritten rights issue (the" Rights Issue " ) of up to 395,785,271 new ordinary shares of the Company (the" Shares " ), on the basis of one (1) Rights Share (as defined below) for every three (3) existing Shares held by shareholders of the Company (the " Shareholders" ) held as at a time and date to be determined by the Directors on which the Register of Members and the Transfer Books of the Company will be closed for the purpose of determining the Shareholders' entitlements under the Rights Issue, fractional entitlements to be disregarded.
NOTICE IS HEREBY GIVEN that the register of Shareholders and the register of share transfers of the Company will be closed at 5.00 pm (Singapore time) on 23 May 2016 (the " Books Closure Date" ) for the purpose of determining the provisional allotments of Rights Shares of the Entitled Shareholders under the Rights Issue
Ex date : 18 May 2016
PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE
- REVISION OF ISSUE PRICE ....... L i n k
2.1 Further to the Previous Announcement, the Board wishes to announce that due to recent market conditions, the Issue Price has been revised ( " Issue Price Revision" ) from S $ 0.035 to S $ 0.031 per Rights Share.
2.2 The revised Issue Price of S $ 0.031 for each Rights Share represents (i) a discount of approximately 54.7% to the weighted average price of S $ 0.0684 for trades done on the SGX-ST on 30 October 2015, being the full market day immediately preceding the Previous Announcement on which Shares were traded on the SGX-ST and (ii) a discount of approximately 18.64% to the weighted average price of S $ 0.0381 for trades done on the SGX-ST on 9 May 2016, being the last market day immediately preceding this announcement on which Shares were traded on the SGX-ST.
2.3 The Group will be using the proceeds of the Rights Issue to reduce the indebtedness of the Group as well as for general working capital purposes, including but not limited to the MOU Working Capital Needs and to facilitate the working capital needed pursuant to the distribution contract entered into between Zhongyou Century (Beijing) Communications Co., Ltd. and the Company' s wholly-owned subsidiary, Addvalue Innovation Pte Ltd ( " AVI" ), as announced by the Company on 19 April 2016 (the " Zhongyou Working Capital Needs" ) .
4. UPDATE ON THE PROPOSED DISPOSAL OF ADDVALUE COMMUNICATIONS PTE LTD
The Company wishes to update the Shareholders on the proposed disposal by the Company of its wholly-owned subsidiary, Addvalue Communications Pte Ltd, as announced by the Company on 25 March 2014 (the " Proposed Disposal" ). As of the date of this announcement, the Company is in negotiations with the buyer for some revisions to the terms of the Proposed Disposal. Shareholders should note that the Proposed Disposal is subject to a number of conditions and there is no assurance that all such conditions will be fulfilled or complied with or that the Proposed Disposal will be completed. The Company will keep shareholders updated of any material developments as and when appropriate.
why dropping i cry, when rise also cry. =_=
ADDVALUE SECURED DEAL TO SUPPLY SATELLITE COMMUNICATIONS EQUIPMENT TO THE CHINESE MARKET
FOR THREE YEARS THROUGH ITS COLLABORATION WITH ZHONGYOU CENTURY (BEIJING) COMMUNICATIONS CO LTD
( " ZHONGYOU" ), A SUBSIDIARY OF CHINA NATIONAL POSTAL AND TELECOMMUNICATIONS APPLIANCE CORP ( " PTAC" )
Singapore, 19 April 2016 - Addvalue Innovation Pte Ltd ( " Addvalue" ), a whollyowned subsidiary of Singapore' s Mainboard listed company, Addvalue Technologies Ltd, has, in furtherance to its alliance forged with Zhongyou Century (Beijing) Communications Co., Ltd. Post Century (Beijing) Communication Technology Co., Ltd. ( " Zhongyou" ) pursuant to the collaboration agreement entered into on 12 November 2015 with a view to distribute satellite communication-based products and provide customized solutions for the communication needs in China, including but not limited to the ' Belt and Road' initiative (initiative along the way) spearheaded by China, entered into a three-year distribution contract with Zhongyou to supply satellite communication terminals and provide related support services to the China regional maritime vessels market estimated to comprise more than 300,000 vessels. The first batch of supply, totaling about US $ 4 million, under the distribution contract signed, shall commence delivery from May 2016 and be completed by November 2016 and will contribute positively to the financial performance of Addvalue for the financial year ending 31 March 2017.
Zhongyou, a subsidiary of China National Postal and Telecommunications Appliances Corp. China PTAC ( " PTAC" ), has been actively pursuing commercial opportunities in the under-served and cost-conscious small vessel market.
" The ability to provide very affordable and yet reliable communication services is essential to improve the quality of life of these under-served communities in terms of operational efficiency and the safety of the crew members " , said Mr Xiao Jian Shen,
Vice President of Zhongyou. He added that " PTAC is confident that Addvalue' s equipment and its indigenous support services in China will fulfil such needs " .
Mr Tan Khai Pang, Chief Operating & Technology Officer of Addvalue, remarked that " Our alliance with Zhongyou signed last November has led to this tangible collaboration. Not only will it enable us to build a solid foundation in the China vast small vessel market over the next three years, it also marks another major breakthrough for Addvalue' s foray into the China market " .
Mr Tan further added that " Addvalue has a wide repertoire of products and technical capabilities that will help a partner, such as PTAC, to develop its business into the satellite communications arena. This is indeed exciting times as such opportunities
will inevitably latch us onto the promising China ' Belt and Road' initiative " .
Read more
创 值 公 司 近 日 与 中 国 邮 电 器 材 集 团 公 司 （ PTAC） 下 属 子 公 司 中 邮 世 纪 （ 北 京 ） 通 信 技 术 有 限 公 司 （ 中 邮 ） 达 成 为 期 三 年 的 卫 星 通 信 产 品 供 货 协 议
新 加 坡 ， 2016 年 4 月 19 日 &mdash 新 加 坡 主 板 上 市 公 司 新 加 坡 科 技 有 限 公 司 下 属 全 资 公 司 创 值 创 新 私 人 有 限 公 司 （ " Addvalue" ） 延 伸 其 同 中 邮 世 纪 （ 北 京 ） 通 信 技 术 有 限 公 司 （ 简 称 " 中 邮 " ） 于 2015 年 11 月 12 日 签 订 的 合 作 框 架 协 议 （ 目 的 为 分 销 卫 星 通 讯 产 品 和 提 供 定 制 的 相 关 服 务 以 满 足 中 国 通 讯 方 面 的 大 量 需 求 ， 其 中 包 括 但 不 限 于 一 带 一 路 倡 议 ） 签 署 了 三 年 分 销 合 约 ， 旨 在 为 中 国 海 上 约 计 超 过 30 万 艘 船 只 提 供 卫 星 通 信 终 端 及 相 关 服 务 。 根 据 合 约 条 款 ， 首 批 金 额 值 约 400 万 美 元 的 设 备 采 购 将 从 2016 年 5 月 开 始 执 行 至 2016 年 11 月 完 成 ； 这 将 增 强 Addvalue 2017 年 3 月 31 日 财 务 年 度 的 业 绩 。
中 邮 是 PTAC 旗 下 子 公 司 ， 在 中 国 一 直 致 力 于 开 发 服 务 短 缺 、 价 格 敏 感 的 中 、 小 型 船 只 通 信 市 场 。
" 改 善 那 些 因 通 信 匮 乏 而 使 工 作 效 率 和 生 命 安 全 均 得 不 到 保 证 的 人 们 的 生 活 质 量 ， 除 通 信 服 务 可 靠 外 ， 还 要 让 他 们 能 够 买 得 起 。 " 中 邮 副 总 裁 肖 建 生 先 生 说 到 。 " 创 值 设 备 及 中 国 本 地 化 技 术 服 务 完 全 能 够 满 足 这 样 的 需 要 ， 对 此 我 们 充 满 信 心 " ， 肖 先 生 补 充 说 。
创 值 公 司 首 席 运 营 官 兼 技 术 总 监 陈 开 邦 先 生 表 示 &ldquo 缔 约 标 志 着 创 值 在 中 国 市 场 上 取 得 了 又 一 个 突 破 性 进 展 。 去 年 11 月 我 们 和 中 邮 的 联 合 带 来 了 今 天 实 质 上 的 合 作 ， 这 为 我 们 未 来 三 年 在 中 国 巨 大 的 小 船 市 场 发 展 打 下 了 坚 实 的 基 础 。 陈 先 生 进 一 步 补 充 说 ： " 创 值 在 产 品 和 技 术 方 面 均 做 好 了 充 分 准 备 ， 将 全 力 帮 助 像 PTAC 这 样 的 伙 伴 在 卫 星 通 信 舞 台 上 充 分 施 展 他 们 的 能 力 。 这 的 确 是 令 人 振 奋 的 时 刻 ， 因 为 这 些 机 会 必 然 会 使 我 们 与 中 国 的 " 一 带 一 路 " 倡 议 紧 密 相 连 。 Read more
Huat ah lol1 million at 0.0.35
Addvalue Technologies ($0.04, down 0.2 cents) announced that its wholly-owned subsidiary Addvalue Innovation, has in furtherance to its alliance forged with Zhongyou Century (Beijing) Communications Co., Ltd, entered into a three-year distribution contract with Zhongyou to supply satellite communication terminals and provide related support services to the China regional maritime vessels market estimated to comprise more than 300,000 vessels. The first batch of supply, totaling about US$4mln, under the distribution contract signed, shall commence delivery from May-16 and be completed by Nov-16.
This is expected to contribute positively to the financial performance of Addvalue Innovation for FY17. Management commented that its alliance with Zhongyou signed last November has led to this tangible collaboration. This will enable the company to build a solid foundation in the vast China small vessel market over the next three years, and also marks another major breakthrough for Addvalue Innovation' s foray into the China market.
Lim & Tan
Huat arh~~
After testing and establishing a support at 4.1 cents, Addvalue decides to have a go today. But how would it fare this round ?
4.5 - 4.7 cents still a big hurdle.
no updates on the asset sale?
|
Price ($) |
Volume (x1000) |
|---|---|
| 0.047 | 4980.4 |
| 0.046 | 21368.6 |
| 0.045 | 7586.2 |
| 0.044 | 4027.4 |
| 0.043 | 1629 |
Total Transaction for 14/3/2016 = 39,591,6000 shares
same thing happening. BBs pumping and when it reaches 4.6 - 4.7 cents, dumping starts.
:) mark my word
johnng ( Date: 14-Mar-2016 10:02) Posted:
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breakout???
cleared all price range with ease
shiok.all sold