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ARION ENT
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MakeChanges
Elite |
14-Apr-2022 09:18
Yells: "No price is too low for a bear or too high for a bull" |
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what does the deal mean for Arion... | ||||
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superstartup
Supreme |
14-Apr-2022 09:03
Yells: "Enjoy doing Fundamental Research" |
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Another ATM machine in the making? |
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lucskywalker
Senior |
14-Apr-2022 08:56
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 https://www.theedgesingapore.com/news/company-news/ntegrator-take-control-arion-entertainment-3-mil-following-shareholders-sale Ntegrator to take control of Arion Entertainment for $3 mil following shareholders' saleControl of Arion Entertainment Singapore, an investment holdings company with its main interest in publishing magazines, is poised to change for $3 million. On April 13, the company announced that a trio of existing shareholders, including executive director Ng Kai Man (picture), are selling their combined stake of 27.44% to another listed company, Ntegrator International. Under terms of the sale and purchase agreement, Ng and two other shareholders, Ivy Chan Shui Sheung and Lee Chun Ming will sell a total of 256.3 million shares at 1.17 cents each. While the trio will no longer be substantial shareholders, Ng will remain as the executive director &ldquo immediately after&rdquo the completion of the sale. Ntegrator plans to nominate two directors to Arion Entertainment&rsquo s board. Ntegrator is headed by executive director Christian Kwok-Leun Yau Heilesen. He assumed control of network engineering firm Ntegrator last year after accumulating sufficient shares to oust the previous board at an AGM. Heilesen controls another SGX-listed company as well, Incredible Holdings. See also: Aspen (Group) receives adjudication notice from Tialoc to claim RM84.4 million The shares will change hands via two phases. First, Ntegrator will pay $1 million cash for 85.4 million shares via a married deal with Ng, Chan and Lee. The remaining 170.9 million shares will be transferred in exchange for $2 million by way of promissory notes or other payment methods mutually agreed in writing. The promissory notes bear no interest and are not redeemable at the option of noteholders. According to Ntegrator in its separate announcement, the acquisition is part of its &ldquo overall corporate strategy to pursue diversified returns and identify potential acquisition targets for long-term growth.&rdquo Ntegrator sees this deal as a strategic long-term investment with the potential for &ldquo investment income and capital gains, new revenue streams, improve its profitability and growth profile that will enhance sustainable shareholder value going forward.&rdquo See also: Singapore' s Zilingo said to suspend CEO amid probe Ntegrator expects to close this deal in the second quarter of the year. Ntegrator shares closed on April 13 at 0.5 cent, up 25% for the day but down 50% year to date. Arion Entertainment shares closed on April 13 at 0.8 cent, unchanged for the day and down 20% year to date. |
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colincheong
Senior |
14-Jan-2022 09:05
Yells: "Huat Ah...." |
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Is this going to be another Push & Dump case? seems to be active these few days |
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MakeChanges
Elite |
07-Jan-2022 09:05
Yells: "No price is too low for a bear or too high for a bull" |
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Come again.. think something brewing
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MakeChanges
Elite |
03-Jan-2022 08:49
Yells: "No price is too low for a bear or too high for a bull" |
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Saw buyers coming in last min before trading ends on the last day.....
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AnthonyWoodPeck
Member |
03-Dec-2021 07:56
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Today should be it. Counter ready with global indices green
DYODD |
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AnthonyWoodPeck
Member |
02-Dec-2021 13:18
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Collect ArionEnt $0.010. Micros coming soon | ||||
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AnthonyWoodPeck
Member |
01-Dec-2021 14:51
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Looks like it is coming. Watch closely
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AnthonyWoodPeck
Member |
29-Nov-2021 15:19
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Try collect Arion Ent $0.010.
Safe price for next run. DYODD |
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SmallSmall
Supreme |
17-Nov-2021 09:46
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Pretty high volume and top %age gainer. Whether it can gap up later depends on the number of people who do daily shorts. | ||||
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Haupapa
Member |
24-Sep-2021 11:51
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again drop.... worth to get some now? | ||||
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Charleschoong
Veteran |
21-Sep-2021 01:45
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I support 10... hope will move soon | ||||
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Lightyear
Veteran |
20-Sep-2021 23:23
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No support no news | ||||
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Lightyear
Veteran |
26-Jul-2021 12:37
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This are and it's Management team are equally hopeless... Keep dropping and dropping ... | ||||
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Sibehboeng
Master |
10-Jun-2021 14:30
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AMOS blink and missed, will Arion be the same?
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Sibehboeng
Master |
10-Jun-2021 12:26
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These counters usually shoot without warning. Very easy to miss the boat if not already holding to some...
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Redstar8730
Master |
10-Jun-2021 11:55
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Patient is the key will win. Potentially back to 18-19. | ||||
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Sibehboeng
Master |
10-Jun-2021 11:54
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13 looks like attractive price to load, queue to see if can get...
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Redstar8730
Master |
10-Jun-2021 11:34
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Waiting for your turn to run Aaron Kwok💪 | ||||
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