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UPDATE ON ISSUANCE OF NOTICE OF DISPUTE TO S.A.P.R
JOINT VENTURE
Further to the Announcement, the Board wishes to update that its wholly owned subsidiary in Hong
Kong, Pan Asian Water Solutions (HK) Limited (&ldquo PAHK&rdquo ), has appointed a mediator and will be entering
into a mediation with the JV on 21 January 2022, Friday, in Hong Kong.
PAHK and the JV have agreed on the issues of mediation.
PAHK is working with its legal advisors to monitor the progress of this matter and the Company will
update its shareholders if there are any material developments. In the meantime, the Group&rsquo s
operations are unaffected by this matter.
Shareholders and potential investors are reminded to exercise caution when dealing in the securities
of the Company and should consult their stockbrokers, bank managers, solicitors, accountants or
other professional advisers if they are in doubt about the actions that they should take
JOINT VENTURE
Further to the Announcement, the Board wishes to update that its wholly owned subsidiary in Hong
Kong, Pan Asian Water Solutions (HK) Limited (&ldquo PAHK&rdquo ), has appointed a mediator and will be entering
into a mediation with the JV on 21 January 2022, Friday, in Hong Kong.
PAHK and the JV have agreed on the issues of mediation.
PAHK is working with its legal advisors to monitor the progress of this matter and the Company will
update its shareholders if there are any material developments. In the meantime, the Group&rsquo s
operations are unaffected by this matter.
Shareholders and potential investors are reminded to exercise caution when dealing in the securities
of the Company and should consult their stockbrokers, bank managers, solicitors, accountants or
other professional advisers if they are in doubt about the actions that they should take
Bro John
Our Pan Asian already doubled but no volume after the new substantial shareholder came in
Hard to sell off
Doubled on paper gains
Our Pan Asian already doubled but no volume after the new substantial shareholder came in
Hard to sell off
Doubled on paper gains
LowLow12 ( Date: 21-Jul-2020 09:10) Posted:
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Pan Asian has been rising slowly quietly.
Will go back?
des_khor ( Date: 01-Oct-2021 18:10) Posted:
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Why drop so much ?
Pan Asian shares surge 18.9%, triggering SGX query
Shares in Pan Asian surged 18.9% to 11.3 cents at 9.32am on Sept 30, prompting a query from the Singapore Exchange Regulation (SGX RegCo).At 9.41am, the SGX RegCo issued a query to the company with regard to " unusual volume movement" in its shares.
The regulator has asked Pan Asian to confirm its compliance with the Catalist listing rules, and to reveal any information that may have brought about the volume surge.
As at 2.24pm, shares in Pan Asian were trading at 1.3 cents higher or 13.68% up at 10.8 cents. In this time, the counter has seen 8.9 million shares change hands, over three times higher than the 2.84 million shares that changed hands on Sept 29.
FIRST TARGET is 12, then if break is 14, per Phillips house.. :):):) OTOT> 
WATCH, Breakout 52 week high.. Potential multi-bagger for BB to play up.. Liquidity low and therefore can pump up high high..:):) )
Pan Asian Holdings
On June 21, Pan Asian Holdings controlling substantial shareholder, Xu Jia Zu Holdings completed the sale of 56 million shares of the Catalist-listed company to businessman Sylvester Lim Wei Zhi.
The 56 million shares represented 26.14 per cent of the existing issued share capital of the company, purchased by Mr Lim at 5.36 cents per share for a consideration of S$3 million via a married deal.
The transaction reduced Xu Jia Zu Holdings' total interest in Pan Asian Holdings from 77.09 per cent to 50.95 per cent.
Pan Asian Holdings executive chairman Richard Koh Chye Heng maintains deemed interests in Xu Jia Zu Holdings, as does the former executive director and managing director cum chief executive officer Eddie Koh.
Appointed as the executive chairman since March 2009, Mr Richard Koh is responsible for the overall management of the group' s operations, as well as the formulating and implementing the group' s business strategies.
Mr Richard Koh was also the founder and managing director of the company from 1980 to 1991, in addition to being chairman from 1991 to 2004.
Pan Asia Holdings is a leading supplier of high quality pipe system and equipment for water infrastructure projects the in Asia-Pacific region.
Impacted by the global outbreak of Covid-19, the group managed to reverse its loss before tax of S$1.5 million for H1FY20 (ended June 30) to a profit before tax position of S$0.1 million for FY20.
can buy already.rebound soon.watch this
die pain pain😆 😆 😉 😉
what price u shorted?
leemenghoe ( Date: 23-Jun-2021 12:40) Posted:
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after lunch price may collapse.watch this
The Board of Directors (the ?Board?) of Pan Asian Holdings Limited (the ?Company?) refers to the
Company?s announcement dated 7 June 2021 relating to the Possible Transaction Involving the shares
of the Company (the ?Shares?) held by the controlling shareholder of the Company, Xu Jia Zu Holdings
Pte. Ltd. (?XJZ?).
The Board wishes to announce that it has been informed on 21 June 2021 by XJZ on the completion of
the sale of 56,000,000 Shares held by XJZ to Mr Lim Wei Zhi, Sylvester (the ?Purchaser?).
XJZ has transferred the 56,000,000 Shares representing 26.14% of the existing issued share capital of
the Company to the Purchaser at the price of S$0.0536 per share for a total consideration of
S$3,000,000 (?Shares Transaction?) via a married deal.....https://links.sgx.com/1.0.0/corporate-announcements/RS6IKLPGV3HEWR6O/671964_PAHL%20-%20New%20Controlling%20Shareholder%20of%20the%20Company.pdf
Singapore to halve energy use and emissions from water desalination: Fu
Singapore aims to halve the energy consumption and carbon emissions of its desalination plants and increase the efficiency of its NEWater technology, as part of its goal to enhance water security while reducing the nation&rsquo s carbon footprint.https://www.theedgesingapore.com/news/sustainability/singapore-halve-energy-use-and-emissions-water-desalination-fu
Emergence of new substantial shareholder. That is about a 26% stake.
New player new story new high.
And this is illiquid ! Yummy.
Let' s wait for the update who this new substantial shareholder might be.
New player new story new high.
And this is illiquid ! Yummy.
Let' s wait for the update who this new substantial shareholder might be.
stockman20 ( Date: 21-Jun-2021 17:54) Posted:
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big news coming up. married deal 56m shares at $0.053?
Tmr gap up?
Moving liao
Controlling shareholder of Pan Asian Holdings to potentially dispose portion of its shares to unrelated third party
Xu Jia Zu Holdings, the controlling shareholder of Pan Asian Holdings has, on June 7, announced that it has expressed an interest to dispose a portion of its shares in the company to an unrelated third party.
As at June 7, Xu Jia Zu Holdings holds a 77.09% stake in Pan Asian Holdings.
Discussions are currently on-going and no agreement has been reached between both parties.