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101-120 of 354
later can Q to short 26
noobnub ( Date: 27-Jun-2022 09:05) Posted:
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still so strong with vol
sold bal 25 huat man
noobnub ( Date: 24-Jun-2022 14:42) Posted:
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swee we make money together
SLLIMJ ( Date: 24-Jun-2022 17:02) Posted:
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swee i still holding those i bought at 23
noobnub ( Date: 24-Jun-2022 17:01) Posted:
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i already make 1 pip but sti holding half
SLLIMJ ( Date: 24-Jun-2022 17:00) Posted:
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bro i bot some too. Hopefully next week got movement
noobnub ( Date: 24-Jun-2022 15:22) Posted:
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sold half 24 bal wait for market close huat
add more 23
noobnub ( Date: 24-Jun-2022 14:42) Posted:
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bought 23 think can easily huat
Q to buy 24 try my luck
can short 27?
P5 going to cheong?
LNG play P5
P5 Capital to acquire 51% stake in GashubUnited Utility for S$12.5m
P5 Capital $ P5 Capital: 5AI 0% announced on Friday (Dec 31) that it has entered into a sale and purchase agreement with GashubUnited Holdings to purchase a 51 per cent stake in GashubUnited Utility for about S$12.5 million, depending on the final valuation of the company.
In its bourse filing, the Catalist-listed manufacturer of electrical switchboards and generator control panels as well as automation and lighting provider said that the acquisition is in line with the group' s desire to diversify its business and unlock additional streams of income.
Furthermore, the acquisition allows the group to grow and venture into the energy and natural gas related business, which has seen increasing demand in the region.
GashubUnited Utility specialises in LNG distribution and helps companies replace existing fuel sources such as diesel and fuel oil. Notably, it was also a finalist in Emerging Enterprise Award 2021, which is jointly presented by The Business Times and OCBC Bank.
The company said that the purchase consideration was arrived at on a willing-buyer, willing-seller basis and makes reference to S$22.5 million that GashubUnited Utility is valued at. Chay Corporate Advisory will determine the final valuation of GashubUnited Utility and set out its formal valuation report within the next 3 months.
Under the agreement, P5 capital will issue shares to GashubUnited Holdings at S$0.0305. At the current purchase consideration, the company will issue 409.7 million shares to GashubUnited Holdings, representing about 37.27 per cent of the enlarged issued and paid-up shares in the capital of the company.
The completion will only be fulfilled after a number of conditions are met, including the issue of opinion of the audit committee of the company and the opinion of independent financial adviser Provenance Capital, as well as approval of shareholders at an extraordinary general meeting.
If the acquisition had been completed on Mar 31, 2021, the pro-forma net tangible assets per share would have fallen to S$1.05, from S$1.88.
Had the acquisition been completed on April 1, 2020, the pro-forma net loss would also have increased to S$3.8 million, from S$3.2 million.
PROPOSED ACQUISITION OF SHARES IN THE CAPITAL OF GASHUBUNITED UTILITY PRIVATE
LIMITED-
The Board wishes to announce that the Parties have on 31 December 2021 entered into a sale
and purchase agreement (the ?SPA?) in relation to the Proposed Acquisition by the Company of
such number of the Shares representing approximately (but not less than) 51% of the total
enlarged number of the Shares at Completion, rounded up to the nearest whole Share (assuming
Conversion (as defined below) prior to Completion) (?Sale Shares?) from GHPL...
https://links.sgx.com/1.0.0/corporate-announcements/JG9B1F7AXSHRA4RU/696312_211231%20P5%20Annc%20-%20Proposed%20Acquisition%20of%20Gashub%20Shares.pdf
Building up volume..... slowly moving up
0.032 x 30
tankoksee ( Date: 22-Nov-2021 16:52) Posted:
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$1 possible
mattohoh ( Date: 22-Nov-2021 13:32) Posted:
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something brewing, today high volume on accumulation mode, action coming soon