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loushare
Member |
15-Oct-2008 00:41
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Don't understand what SGX is doing, can't even settle this case, just delist without caring about small share holders, allow those big share holder to mess up the counter by impasses ! SGX chia sai. |
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JamieMok
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02-Oct-2007 14:13
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i have 20 lots at 0.1since it get suspended. will i ever get my money back soon...... |
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zhuge_liang
Supreme |
02-Oct-2007 13:33
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The material-handling company is the target of an $80m takeover by investors led by Vernon Khoo, who used to control Malaysian-listed Kuantan Flour Mills. The deal essentially involves injecting privately owned engineering services specialist SWTS - formerly known as Siemens Westinghouse Technical Services - into Greatronic. Mr Khoo, through his vehicle Bin Investments Pte Ltd, will purchase the entire share capital of SWTS Pte Ltd at $73.8m. Then, acting in concert with the shareholders of SWTS led by MD Sim Bee Lim, Bin Investments will sell the entire shareholding of SWTS to Greatronic for $80m. The deal comprises $48m in cash and 1.6bn new shares at $0.02 each. Greatronic will undertake a rights issue and share placement to fund the exercise. Under the terms of the deal, SWTS guarantees profits of at least $6m for this year, and a cumulative profit of $20m for '08 and '09. |
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