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ICP
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Snrocirpa
Member |
20-Jan-2013 23:52
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izzit good timing to buy now? | ||
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Listing
Senior |
20-Jan-2013 23:18
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PUBLISHED JANUARY 18, 2013
ICP unveils moves to become an O&M player BY VEN SREENIVASAN PRINT |EMAIL THIS ARTICLE ICP Ltd, formerly the electronic component subcontractor Goldtron, has emerged with new shareholders, fresh capital and a new business focused on the offshore and marine (O&M) sector. The company, which is getting on board expertise from Chuan Hup and other marine sector entities, yesterday announced plans to buy into a company controlling two petroleum tankers. The cash and share purchase amounting to some $3 million gives ICP a 51 per cent stake in tanker owner GMT Group. But the deal is subject to the two tankers, GMT Bravo and GMT Charlie, having a value of at least $17.25 million as at Dec 31 last year and the revalued net asset value of the GMT group being at least $5.9 million. The acquisition is being funded from the proceeds of a late-2012 rights issue, which saw the emergence of new shareholders led by Mercator Equity Pte Ltd. I googled Mercator Equity Pte Ltd but yielded no results. Anyone knows who they are?... Any connection to Mercator Lines Ltd? Aw Cheok Huat was just appointed Non-executive Chairman in late 2012 and he just bought 300,000,000 shares @ 0.004 on 13 Jan... |
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Listing
Senior |
07-Jan-2013 12:34
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What's the difference between this and Geo Energy coal biz beside Jim Rogers having an option to buy at discounted price! | ||
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Nopainnogain
Senior |
04-Jan-2013 17:46
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Please take note... once the rally over... this stock will die... Kful
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dingbat
Veteran |
04-Jan-2013 17:43
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This is a highly manipulated stock, really for the brave hearted but potential rewards are high. |
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Listing
Senior |
04-Jan-2013 17:32
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Sudden hi volume: any news about its Indon coal biz?
Vested.. |
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