Wonder if current Achieva shareholders can visit the 1Deg15 club for free now that they are gg to inject it into Achieva.. :)
 
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26-Aug SERIAL SYSTEM: Acquisition of Achieva, GSH units to propel growth |
Looks like i guessed correctly.. SUTL injecting 1deg15 in Achieva..huat ah!
| Asset Acquisitions and Disposals::Proposed Acquisition of SUTL Marina Development Pte Ltd and ONE15 Luxury Yachting Pte Ltd |
| 14 Aug 2014 08:42:59 PM |
ozone2002 ( Date: 23-Jul-2014 10:42) Posted:
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hi there i have these shares..wondering what the impact on share price will be from these? can you share your thoughts here/ thansk you as i dont understand what they are doing.
| bloodseeker ( Date: 14-Aug-2014 22:09) Posted: |
Proposed Acquisition of SUTL Marina Development Pte Ltd and ONE15 Luxury Yachting Pte Ltd
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content& B=AnnouncementByCompanyName& F=GOJMBLDTEE5DRY0Y& H=4a7f45387a89bd6568e303bb145308be835b685c518580ec6aa4adc280f171c9& fileId=Acquisition%20Announcement.pdf
Last:0.062     Vol:1085k    
+0.004
active again
Dug up some old news on Arthur Tay... will SUTL be injecting biz into Achieva after it' s IT biz been acquired by Serial?
Leisure group SUTL Global has bought 23.4 per cent of mainboard-listed IT-related firm Achieva for $15.2 million. The seller is an executive director who has stepped down for health reasons.
Achieva executive director Henry Lim sold his entire stake of about 121.5 million shares to SUTL in a married deal at 12.5 cents apiece, an 8.7 per cent premium to Achieva&rsquo s closing price of 11.5 cents yesterday.
 
bro nav is abt 0.064 only..... since achiva lost money making company, probably the deal price should be ard this level dont you think so ? 
ozone2002 ( Date: 23-Jul-2014 10:33) Posted:
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Facts
Arthur Tay bought Achieva at 12.5c, now achieva is half the price and being acquired by Serial.
As a businessman, would Arthur Tay let go Achieva at half his cost?
gd luck dyodd
ozone2002 ( Date: 21-Jul-2014 12:44) Posted:
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this one pump and dump or wat ? 
at this price still worth to invest ? 
the PLAYS continues!
Last:0.065     Vol:3061k    
+0.003
activity is good!
Last:0.063     Vol:2270k    
+0.003
end of Jul Achieva will be a shell company with loads of cash...
what will be their next move?
johnng ( Date: 17-Jul-2014 18:02) Posted:
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What happen today? hit a top of 6.5cents
 
Achieva in digestion mode today. Acculating   at 5.9c today
T
Might get shorted all the way down after ex div.
serial want buy-over Acheive
 
1. INTRODUCTION
1.1 The board of directors (&ldquo Board&rdquo ) of Serial System Ltd (&ldquo Company&rdquo ) wishes to announce that the
Company has on 21 June 2014 entered into a non-binding term sheet (the &ldquo Term Sheet&rdquo ) with
Achieva Limited (&ldquo Achieva&rdquo ) to explore the possibility of the Company or its nominee(s) acquiring
all of the shares of Achieva Technology Pte Ltd (the &ldquo Proposed Acquisition&rdquo ).
1.2 Pursuant to the Term Sheet, the parties shall negotiate in good faith with a view towards entering
into a definitive agreement (&ldquo Acquisition Agreement&rdquo ) on or before 31 July 2014 or such other
date as may be agreed in writing by the Parties (&ldquo Long Stop Date&rdquo ). Save for certain clauses, the
Term Sheet shall automatically lapse and cease to be of legal force and effect if the parties fail to
enter into the Acquisition Agreement by the Long Stop Date.
