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InnoTek
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INNOTEK LIMITED
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alexmay34
Veteran |
09-Apr-2026 00:48
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This is a vendor share sale, ceo needs money, company does not received the money, ceo takes the money, Think it wouldn' t affect the share price much, as you don' t know why the ceo needs the money! I ChatGPT it! | ||||
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Trainner
Master |
09-Apr-2026 00:28
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This is ridiculous.... As of 31-Dec' 25, the company has $57.3M of net cash. The amount raised this round is less than $16M. Why so much cash and still need to raise more cash? Did we miss anything? 
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JurongW
Elite |
09-Apr-2026 00:26
Yells: "Earnings give weight, Chart give wings" |
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Innotek -  Redefining Innovation...in diluting shareholders?   |
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Alignment
Elite |
09-Apr-2026 00:17
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Sad. And not only because they are raising money that they don' t need at a price that is too low. Not only their strategy but their execution in raising capital is wrong. First, their timing is poor. There were better times prior to the end of Feb, and will also be better times in the future for them to get a much higher price for the shares they are selling.  Second, their deal with Maybank could be more competitive. It would be interesting to know how many banks they approached if the best terms they got was 3% commission for selling shares at an almost 10% discount to the VWAP not even on an underwritten basis.  
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SmallSmall
Supreme |
08-Apr-2026 23:09
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InnoTek Limited (Company Registration No. 199508431Z) (Incorporated in the Republic of Singapore) (1) PROPOSED PLACEMENT OF UP TO 24,600,372 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT A PLACEMENT PRICE OF S$0.6506 PER PLACEMENT SHARE AND (2) VENDOR SHARE SALE 1. INTRODUCTION 1.1. 1.2. 1.3. 2. The Board of Directors (the &ldquo Board&rdquo and each, a &ldquo Director&rdquo ) of InnoTek Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) is pleased to announce that the Company has on 8 April 2026 entered into a placement agreement (the &ldquo Placement Agreement&rdquo ) with Maybank Securities Pte. Ltd. (the &ldquo Placement Agent&rdquo , and together with the Company, the &ldquo Parties&rdquo ) in relation to the Proposed Placement (as defined below). Pursuant to the Placement Agreement, the Company has agreed to offer, by way of placement, and the Placement Agent has agreed, on a best efforts basis, to procure subscriptions for an aggregate of up to 24,600,372 fully paid-up ordinary shares in the capital of the Company (the &ldquo Placement Shares&rdquo ) at a placement price of S$0.6506 per Placement Share (the &ldquo Placement Price&rdquo ), amounting to an aggregate consideration of up to approximately S$16.0 million (the &ldquo Proposed Placement&rdquo ), subject to the terms and conditions of the Placement Agreement. The Proposed Placement is not underwritten and will be undertaken on the basis of the exemptions set out in Section 272B (private placement), Section 274 (offer made to institutional investors) and Section 275 (offer made to accredited investors and certain other persons) of the Securities and Futures Act 2001 of Singapore (the &ldquo SFA&rdquo ). As such, no prospectus or offer information statement will be lodged with the Singapore Exchange Securities Trading Limited (the &ldquo SGX-ST&rdquo ) or the Monetary Authority of Singapore (the &ldquo MAS&rdquo ). Additionally and separate from the Proposed Placement, the Board has also been informed by Mr Lou Yiliang (&ldquo Mr Lou&rdquo ), the Chief Executive Officer and Executive and Non-Independent Director of the Company, that Mr Lou has separately appointed Maybank Securities Pte. Ltd. in connection with the proposed sale of 6,150,000 ordinary shares held by Mr Lou (the &ldquo Vendor Share Sale&rdquo ) on a best effort basis. Further details relating to the Vendor Share Sale are set out in Section 7 of this announcement below. THE PROPOSED PLACEMENT AND SALIENT TERMS OF THE PLACEMENT AGREEMENT  
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Alignment
Elite |
08-Apr-2026 10:39
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This company has S$67m of cash, deposits and liquid investments at hand and only borrowing S$10m. It should have ample cash in hand and borrowing headroom without the need to do a placement. Not saying it is 100% ruled out, but if they did do a placement I do not think that shows they have good capital structure management. | ||||
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kye_lin
Master |
08-Apr-2026 10:03
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Still no news... should be after closing today | ||||
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Trainner
Master |
07-Apr-2026 18:30
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Hope that you are wrong ...... I guess you are happy if you are wrong...😑   Look at Geo Energy, everything they raised capital by issuing more shares, the price of the new shares are very good for current investors....... need to get Geo Energy CEO to sit in the directors board..... Nothing we can do now, let' s wait and see....
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kye_lin
Master |
07-Apr-2026 16:28
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If placement around 0.74 still ok... if too low....  sianzzzz | ||||
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Trainner
Master |
07-Apr-2026 08:47
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If privatisation, good.....   of course, the price must be good.
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yau123
Senior |
07-Apr-2026 08:39
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no news at all. | ||||
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kye_lin
Master |
07-Apr-2026 07:32
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Maybe placement | ||||
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Alignment
Elite |
06-Apr-2026 23:53
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Hopefully not a privatisation on the cheap just as the company has developed some good AI growth exposure. | ||||
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shk363
Elite |
06-Apr-2026 19:30
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still halted no news | ||||
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superstartup
Supreme |
06-Apr-2026 13:10
Yells: "Enjoy doing Fundamental Research" |
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Trading halt.
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sgtrader
Senior |
02-Apr-2026 04:54
Yells: " Earn the right to WITHDRAW consistently." |
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Skysonn
Member |
27-Mar-2026 17:07
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Why today's candlestick is so weird in this range of price action..?? | ||||
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sgtrader
Senior |
26-Mar-2026 02:25
Yells: " Earn the right to WITHDRAW consistently." |
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cmengchan
Senior |
19-Mar-2026 11:56
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https://growbeansprout.com/innotek-chairman-neal-chandaria
 kopi-C with InnoTek Chairman: The Singapore company powering the AI hardware boomBy  Julian Wong  &bull 18 Mar 2026InnoTek makes parts most people will never see, for products that are reshaping the world. As the Singapore-listed precision manufacturer navigates a difficult FY2025&mdash EV turbulence, tariff headwinds, shrinking margins&mdash its non-executive chairman Neal Chandaria believes the company is better positioned than the numbers suggest.   |
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central
Senior |
18-Mar-2026 15:55
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Lai liao. | ||||
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