Charisma Energy   

CHARISMA ENERGY SERVICES

_{CHARISMA. FOR THE RESUMPTION OF TRADING -  NO OBJECTION LETTER.  SGX REGCO}

Company wishes to update its shareholders that it had on, 3 February 2022, received a no objection letter from the SGX RegCo in relation to its Further Extension Application of approximately six (6) months from 31 December 2021 to 30 June 2022 to submit the Resumption Proposal (the &ldquo Waiver&rdquo ). The Waiver is subject to the Company announcing the Waiver granted, the reasons for seeking the Waiver, the conditions as required under Catalist Listing Rule 106 and if the Waiver conditions have been satisfied. If the Waiver conditions have not been met on the date of the announcement, the Company must make an update announcement when the conditions have all been met. The Company had previously disclosed the reasons for seeking the Waiver in its announcement dated 30 December 2021 and together with this announcement, the Company deems that the Waiver conditions have been met. To the best of the Board&rsquo s knowledge and belief.
 

 

woohoo huat liao ?

 

any view?

 

https://links.sgx.com/FileOpen/Entry%20into%20Subscription%20Agreement%20Announcement%20-%20Standalone.ashx?App=Announcement& FileID=697173

consolidation of share!

 

Ok.......😀 😀

Timer78      ( Date: 11-Jan-2022 09:38) Posted: CES revival plans announced! Hurray!

 

CES revival plans announced! Hurray!

 

Any news??

 

CHARISMA ENERGY SERVICES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 199706776D) MONTHLY UPDATE Unless otherwise defined, all capitalised terms used in this announcement which are not defined herein shall have the same meanings ascribed to them in the Company&rsquo s announcements dated 13 March 2020, 18 May 2020 and 17 June 2020 in relation to the updates on the going concern assessment of the Company, announcement dated 31 May 2020 on the release of the Company&rsquo s annual report for financial year ended 31 December 2019, announcement dated 10 June 2020 on the release of the Company&rsquo s first quarter results for the financial period ending 31 March 2020, announcement dated 14 August 2020 on the release of the Company&rsquo s second quarter results for the financial period ending 30 June 2020, announcement dated 13 November 2020 on the release of the Company&rsquo s third quarter results for the financial period ending 30 September 2020, announcements dated 21 August 2020, 28 August 2020, 15 September 2020 and 20 November 2020 in relation to the proposed disposal of shares in Rising Sun Energy Private Limited, the Circular dated 15 September 2020 to the shareholders of the Charisma Energy Services Limited (the &ldquo Company&rdquo ) and the monthly update announcements dated 2 October 2020 and 4 November 2020 (collectively the &ldquo Previous Announcements&rdquo ). The Board of Directors (the &ldquo Directors&rdquo or the &ldquo Board&rdquo ) of Charisma Energy Services Limited (the &ldquo Company&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ) refers to its Previous Announcements and would like to update that since the previous monthly update announcement on 4 November 2020, the standstill agreement in relation to the maturity of US$7,299,270 Redeemable Exchangeable Preference Shares in CES Hydro Power Group Pte. Ltd. had been further extended from 31 October 2020 up to and including 31 March 2021. In relation to the disposal of the accommodation module in Port Melville, the buyer had requested the Group for a further one-year extension to complete the transaction so as to convert the final lump sum payment due in October 2020 to a 12-month progressive payment plan. The buyer has submitted their revised proposal and the Group is in consultation with the bank lender that provided the Group the debt financing for the accommodation module. On 30 September 2020, shareholders had approved the disposal of all of the Company&rsquo s effective interest of 48.45% in the issued and paid-up share capital of Rising Sun Energy Private Limited, which holds two solar photovoltaic plant within the Bhadla solar complex in India. On 20 November 2020, the Company has entered into a supplemental agreement to extend the longstop date to 22 December 2020. The Company is continuously working towards satisfying all the remaining conditions precedent to complete the transaction. As announced on 4 November 2020, the Group as of the date of this announcement, (i) continues to engage in discussion with the lenders and creditors to formalise their commitment to provide continued support to the Group (ii) is working closely with the relevant authorities to qualify the Group for payments for the three mini hydro plants in Sri Lanka that have had their PPAs extended for another five years and (iii) continues to follow up on central government subsidies in relation to our China photovoltaic power plant. In accordance with Catalist Rule 704(22), the Company will continue to update its shareholders via SGXNet regarding the financial situation of the Company and its subsidiaries. The Company will make further announcements as and when there are material developments. Shareholders and potential investors are advised to read this announcement and any further announcements by the Company carefully. Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company. Shareholders and potential investors who are in doubt as to the action they should take should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers. By Order of the Board Tan Wee Sin Company Secretary 3 December 2020 This announcement has been reviewed by the Company&rsquo s sponsor, PrimePartners Corporate Finance Pte. L

 

still no news? how our money all stuck inside. can suspend so long?
 

 

Is this going to be another SWEE HONG? 
That is BAD...

 

guys any news? holding and slowly died?

 

can suspend so long? 
anyone attended the AGM? any news?

 

Ezion and charisma bite the dust liao

 

Already negative last round....

vincentchean      ( Date: 26-Nov-2019 18:37) Posted: Q3 result just release. Think bye bye Liao. Negative equity....

 

Q3 result just release. Think bye bye Liao.

Negative equity....

 

Suspension to be lifted soon? Hope for the best!

 

high debts, low profit margins.. just to generate revenue..

 

往 事 只 能 回 味 。 I?m also holding it sianzzz

sjZheng      ( Date: 24-Mar-2019 19:29) Posted: So sad, this stock once hit very high.. now  suspend

 

So sad, this stock once hit very high.. now  suspend

 

Think charisma and ezion can just merged together