It is windfall for those bought under $0.20. It is like striking TOTO. Congrats.
To be taken private.
What happen?
4 months down the road since I last looked at it. It has moved up to $0.255 today. In Hong Kong, it last traded at HK$1.58. But then again, such thinly traded counters (loss-making some more), serve as talking point only in this lackluster market.
Anything unusual about this forgotten loss-making counter ?
Coming up in the last 2 sessions. Very low volume. 
Only  3000 shares traded today at $0.164, up 0.007. Very wide  buy and sell spread (  40000 shares buy at $0.171 and 10000 shares sell at $0.30)
Trading at HK$1.12 (~S$0.20) in Hong Kong where the main action is.