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undervalued stock NAV 19c
used to be Chews group (selling eggs) now going into property
accumulate when few know abt it
undervalued stock NAV 19c
used to be Chews group (selling eggs) now going into property
accumulate when few know abt it
Illquid stock -only few shares
Up and down will
be big gap
Up and down will
be big gap
Spike in prices ?
Maybe something brewing.
Low volume illquid stock anytime can shoot up to 40cts
Today look at market depth sell 0.8 lot 20cts , 5 lot 30cts and 60cts
Long term play
Maybe something brewing.
Low volume illquid stock anytime can shoot up to 40cts
Today look at market depth sell 0.8 lot 20cts , 5 lot 30cts and 60cts
Long term play
OneApex purchases freehold industrial property at Kim Chuan Lane for $17 mil
Ember Properties, the associated company of OneApex Limited, has exercised an option to purchase a freehold industrial property on 7 Kim Chuan Lane for a consideration of $17 million.
The property has a land size area of around 10,506 sq ft and is zoned &ldquo Commercial/Industrial&rdquo . It is located within close proximity to the Ubi and Tai Seng area.
The property is sold subject to an existing tenancy for the use as a warehouse, factory and ancillary office for engineering-related activities.
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As at June 1, Ember Properties has paid $850,000 to the vendor which comprises the option fee of $280,000 and 5% of the consideration payable upon the exercise of the option.
The balance of $16.15 million will be paid upon the completion of the acquisition of the land, which is expected to take place within five months from the date of exercise of the option.
Ember Properties is a real estate development company incorporated on Feb 23 and is wholly-owned by OneApex.
In connection with the acquisition of the property, A38 Capital had subscribed for eight new ordinary shares in Ember Properties for $8, following which, the latter now has a total issued and paid-up capital of $10 comprising 10 shares.
Under the A38 subscription, Ember Properties is a joint investment between OneApex Development (OAD), a wholly-owned subsidiary of OneApex and A38. OAD holds 20% of Ember Properties&rsquo shares, while A38 holds the remaining 80%.
Following the completion of the A38 subscription, Ember Properties has become an indirect associated company of OneApex.
A38 is a private company limited by shares and incorporated on Jan 5 as a holding company. As at June 2, A38 has a total of 3 shares its shareholders and directors being Tan Koo Chuan, Tan Pei Hong, Alex and Tan Theng Hong, Amos.
Alex and Amos are each controlling shareholders of OneApex, while Alex is the executive director and CEO of OneApex. Koo Chuan is their father.
Alex is also the director of Ember Properties, along with Chiu Joon Sun.
As the joint investment is entered into between OAD and A38, the move constitutes an interested person transaction.
According to OneApex via a filing on June 1, Ember Property intends to either redevelop the property into halal food factory units for sale or rent, or it may sell the property to a third party for capital gains in future.
&ldquo Given the scarcity of freehold industrial properties in the property market, the board is of the view that there is potential for the property to generate substantial capital gains over time, whether by way of redevelopment or resale to a third party purchaser,&rdquo says the company.
ONEAPEX LIMITED (Formerly known as Chew&rsquo s Group Limited) (Company Registration No: 201020806C) (Incorporated in the Republic of Singapore)
ysh2006 ( Date: 27-Aug-2018 18:43) Posted:
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Happy 牛 Year to all.
Wish all good health and good wealth
Happy Lunar New Year to everyone here.. May Niu year brings good health not forgetting HUAT all the way to the banks..😁
Hi, those who profited from Chews group sale of asset/business followed by special dividend.. There is another counter going through the initial stage as what Chews group undergone.
MFG Integration. Another potential earner just like Chews.
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=19123& msgbdName=MFG%20Integration& topicTitle=MFG:%20Special%20dividend/Capital%20Reduction%20of%2031%20cent
MFG Integration. Another potential earner just like Chews.
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=19123& msgbdName=MFG%20Integration& topicTitle=MFG:%20Special%20dividend/Capital%20Reduction%20of%2031%20cent
ysh2006 ( Date: 26-Sep-2018 20:23) Posted:
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Suspension?
So 29-10=19c still got premiun har...
SmallSmall ( Date: 26-Sep-2018 20:02) Posted:
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$0.10 dividend finally declared. Book closure 4th October 2018. More or less implied mandatory unconditional takeover at $0.21 would be triggered :)
One step closer to GO based on company?s update announcement as most pre conditions are fulfilled.
Still privatised at half price no change yet! company no new announcement!!
ysh2006 ( Date: 28-Aug-2018 04:13) Posted:
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Similar to LC DEV case...or Vard case of take over...nav is high but take over price low .
ysh2006 ( Date: 27-Aug-2018 18:43) Posted:
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Not much forumers hold this shares take over at 21 c also not scare no announcement of pizsibke dividend also like this ...maybe wait till like Wheellock when announced no increase of price take it or leave it afterall I am the major shareholder can do what I want .
THe selling is absorbed by who?...if continue selling think maybe cannot tahan in afternoon...
ysh2006 ( Date: 27-Aug-2018 07:53) Posted:
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Today lifting of halt loh...see the mkt reaction with no dividend announcement.
even pay 0.31
worth o not wait so many months.
put the money in oil and gas counter... maybe already earn few times !
worth o not wait so many months.
put the money in oil and gas counter... maybe already earn few times !
ysh2006 ( Date: 25-Aug-2018 09:32) Posted:
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