Sin Heng Mach    Last:0.66   -

New Substantial Shareholder Yeo Seng Chong

Means Mr Yeo Seng Chong (if he is indeed the same person), who runs a fund management company see value in this company ?

sbscap      ( Date: 30-Oct-2017 15:26) Posted: Thanks for the info but what exactly do you mean when you say these Yeos are related. The only Yeo I know is Yeo Hiap Seng. Lol.

 

Thanks for the info but what exactly do you mean when you say these Yeos are related. The only Yeo I know is Yeo Hiap Seng. Lol.

 

Sin Heng has gotten a new substantial shareholder Yeo Seng Chong who reportedly crossed 5% on 19th October 2017. 
The counter has dropped tremendously ever since it consolidated 5 to 1. It has an NAV of $1.0641.

More interestingly, the name Yeo Seng Chong seems to be associated with Yeoman Capital Management.
Time for the counter to go back to $0.70 the pre-consolidated price?
 

Yeoman Capital Management is a  Registered Fund Management Company (RFMC)  under Paragraph 5(1)(i) of the Second Schedule to the Securities and Futures (Licensing and Conduct of Business) Regulations (Rg. 10) of Singapore (see below for company registration and GST registration details). We serve a niche market of high net-worth individuals, family trusts, investment companies, private foundations and institutional funds that qualify as &ldquo qualified investors&rdquo under the Regulations.

Funds under management totalled S$205m (US$151m) at end September 2017. We have over 19 years track record investing in Asia ex-Japan small cap equities and 6 years in Japan small cap equities.