Post Reply
1-20 of 37
GRP giving out HUGE DIVIDEND in species in the form of LUMINOR shares.
2 LUMINOR shares for every 3 GRP shares.
Ex date 24 NOVEMBER.
GRP currently trading below its NAV.
GRP last traded price 20 cents
GRP NAV 33 cents
GRP currently trading below its net cash level.
GRP market capitalisation 37 Million SGD (20 cents)
GRP cash 42 million SGD (23 cents)
Neglibible loans and borrowings
Very Undervalued company
Top 20 shareholder list include:
MORPH INVESTMENTS (successful value fund manager)
https://www.nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/7527-morph-a-successful-value-fund-manager-you-havent-heard-of
2 LUMINOR shares for every 3 GRP shares.
Ex date 24 NOVEMBER.
GRP currently trading below its NAV.
GRP last traded price 20 cents
GRP NAV 33 cents
GRP currently trading below its net cash level.
GRP market capitalisation 37 Million SGD (20 cents)
GRP cash 42 million SGD (23 cents)
Neglibible loans and borrowings
Very Undervalued company
Top 20 shareholder list include:
MORPH INVESTMENTS (successful value fund manager)
https://www.nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/7527-morph-a-successful-value-fund-manager-you-havent-heard-of
PROPOSED DISTRIBUTION IN SPECIE OF SHARES IN LUMINOR FINANCIAL HOLDINGS LIMITED TO SHAREHOLDERS OF THE COMPANY BY WAY OF CAPITAL REDUCTION
Shareholders of GRP will be given free Luminor shares via distribution in specie.
Shareholders of GRP will be given free Luminor shares via distribution in specie.
GRP Limited director Mahtani Bhagwandas assisting with CAD probe
INDUSTRIAL product supplier GRP Limited announced on Wednesday that one of its independent directors, Mahtani Bhagwandas, was recently interviewed by the authorities over an investigation involving certain private companies in which he is, or was, a nominee director.
In a regulatory filing, GRP said Mr Mahtani had attended an interview with the Commercial Affairs Department (CAD) on May 17. He had informed the group that he is " not the subject of the investigation and was assisting in the investigation" .
He also confirmed that there are no restrictions or conditions imposed by the CAD on him, and that his travel document was not retained.
He has sought legal advice on the investigation, which is still ongoing. No charges have been made against any person or entity as of now, said GRP.
There is therefore no reason to question the suitability of Mr Mahtani to continue as director, said the group. The nominating committee, excluding Mr Mahtani, will re-assess its view as and when a basis to do so arises, and when further information is available.
Mr Mahtani, a lawyer by profession, is a founding partner in LegalStandard LLP. He was recently in the news for his role as counsel for the mistress of the murder victim in the high-profile Boon Tat Street killing case in 2017.
GRP
On Aug 20, GRP chairman Daniel Teo Tong How acquired 54,000 shares of the listed company for a consideration of S$9,720.
At 18 cents per share, this increased his direct interest in GRP from 4.44 per cent to 4.47 per cent.
Mr Teo is the managing director of Hong How Group of Companies and director of Tong Eng Brothers Group.
The businesses of these companies include property development and investment holding in sectors such as commercial, residential, industrial and hospitality in Singapore, Malaysia, Australia, the US, UK, Spain and Sweden.
anyone here subscribe to the rights?
jm2212 ( Date: 14-Nov-2016 16:59) Posted:
|
current trading price below the subscribe price, they will have to adjust down the subscribe price or push up the trading price, else no one will subscribe
one warrant expired, then plan to issue another warrant.....retail investors all get sucked dry. Terrible
Full year results looks good. Dividend on the way........
There are selling pressure....Prob due to the expiry of warrants.
The ROI on GRP at this price will be greater than that of Starland eventually.
Looks like price will go up on Monday..... Hold on to your shares.....
Good News! Why not?
Bonus wrt issue is it good news har ?...
chinton86 ( Date: 10-Oct-2015 11:13) Posted:
|
Supper , you" huat" loh... share share your tactics ?..still in the red .
chinton86 ( Date: 15-Oct-2015 00:40) Posted:
|
Taking over Starland,hahaha
Huat Arh
Can we see $0.10 soon?
Fake buying q...lol
edwinjup ( Date: 28-Jan-2015 08:47) Posted:
|
Can try grp wrt if u wan to play grp....offer a.great premium and high gearing.....
Invested some wrt...lol
Invested some wrt...lol
Finally it here