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Wrong channel. But anything starts with China sounds scary for those kena from the s chips crash btw 2008 to 2011
China Everbright Water bags two wastewater treatment projects in Jiangsu
CHINA Everbright Water has obtained two wastewater treatment projects in China' s Jiangsu province. The projects command a total investment of about 122 million yuan (S$24.8 million), the environmental protection company said on Monday.
The company entered into a concession agreement with the People' s Government of Zhenglu County, Tianning District of Changzhou City, Jiangsu province for the second phase of the Changzhou Zhenglu wastewater treatment project.
The Zhenglu project is based on a transfer-operate-transfer model with an investment of about 100 million yuan. It has a concession period of 30 years and a designed daily wastewater treatment capacity of 20,000 cubic metres (cu m).
This is the company' s first project in Changzhou City. It will lay a solid foundation to further explore cooperation with the city and to bolster the company' s market status in Jiangsu province, the company said.
China Everbright Water has also bagged a Jiangsu Jiangyin wastewater treatment upgrading project. The project will be implemented on a build-operate-transfer model and commands an investment of around 22 million yuan.
The upgrading project will optimise relevant processes of the Binjiang wastewater treatment plant and both phases of the Chengxi wastewater treatment plant, which will have a total designed daily wastewater treatment capacity of 180,000 cu m.
If u never sell or accept the exit offer.....u will become private investor of china energy......lol
PROPOSED VOLUNTARY DELISTING OF AND
EXIT OFFER FOR CHINA ENERGY LIMITED
- LAST DAY OF TRADING AND SUSPENSION OF TRADING
1. INTRODUCTION
The board of directors (the ?Board?) of China Energy Limited (the ?Company?) refers to the
circular dated 13 August 2014 (the ?Delisting Circular?) issued by the Company to its
shareholders (?Shareholders?) in connection with the proposed voluntary delisting of the
Company from the Official List of the Singapore Exchange Securities Trading Limited (the
?SGX-ST?) pursuant to Rules 1307 and 1309 of the listing manual of the SGX-ST, and the
exit offer letter issued by Lianguo International Limited (the ?Offeror?) to the Shareholders
dated 15 September 2014 (?Exit Offer Letter?) in connection with the exit offer (the ?Exit
Offer?) made by the Offeror, to acquire all the issued ordinary shares in the capital of the
Company (the ?Shares?).
All capitalised terms used and not defined herein shall have the same meanings given to
them in the Delisting Circular, unless otherwise expressly stated or the context otherwise
requires.
2. LAST DAY OF TRADING AND SUSPENSION OF TRADING
As stated in the Exit Offer Letter, the Exit Offer will close at 5:30 p.m. on 7 October 2014, or
such later date(s) as may be announced from time to time by the Offeror (the ?Closing
Date?). The Board wishes to announce that based on the Closing Date, the last day of
trading in the Shares on the SGX-ST will be 29 September 2014. Accordingly, trading
of the Shares will be suspended with effect from 9:00 a.m. on 30 September 2014. If
the Closing Date is extended beyond 5.30 p.m. on 7 October 2014 before 29 September
2014, the Company will make an appropriate announcement on the new last day of trading
in the Shares.
The Board will announce the date on which the Shares will be delisted from the SGX-ST in
due course.
3. RESPONSIBILITY STATEMENT
The directors of the Company (the ?Directors?) (including any director who may have
delegated detailed supervision of this announcement) have taken all reasonable care to
ensure that the facts stated and all opinions expressed herein are fair and accurate and that
no material facts have been omitted from this announcement and the Directors jointly and
severally accept responsibility accordingly. Where any information has been extracted or
reproduced from published or publicly available sources, the sole responsibility of the
Directors has been to ensure, through reasonable enquiries, that such information is
accurately and correctly extracted from such sources or, as the case may be, accurately
reflected or reproduced in this announcement. The Directors do not accept any
responsibility for any information relating to the Delisting Proposal, the Exit Offer, the Offeror
Trespasserx ( Date: 23-Sep-2014 22:22) Posted:
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Just for Curiousity, why is the volume still relatively high and the share price didn't drop at all..
So what happen when the company delist u lost all the money in the share u invest in or will there revert back the last done price?
So what happen when the company delist u lost all the money in the share u invest in or will there revert back the last done price?
edwinjup ( Date: 23-Sep-2014 20:40) Posted:
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Pls take note...still got lots shareholders never take actions....last day trading is next monday...pls consult ur broker....