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Fighting Winding Up Chairman holding Fort

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Contratrader     25-Jun-2021 10:35  
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Wow if I almost want to write off the debt then money drops from the sky , Give me 10x more still dont want ? , want 40x ?
if I dont take then other creditors also dont take? how to be sure with that? 
If really 40x...Wow I really salute this stock le...

tankoksee      ( Date: 25-Jun-2021 10:29) Posted:

wow 40x?

liked that uob loans oof $800k becomes $32 mio returns..ahyes

embracez      ( Date: 25-Jun-2021 10:27) Posted:

I think BB might play it up to 0.04xx 

10x where got enough for them 


 
 
embracez     25-Jun-2021 10:32  
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Bank has been holding that bad debt since 2017

What' s wrong with demanding 32M? Plus you think they can sell everything at 0.045? Sure got some average distributed cost lower 
 
 
tankoksee     25-Jun-2021 10:31  
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so new investor pumped in 3 mio becomes $120 mio returns ah
 

 
tankoksee     25-Jun-2021 10:29  
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wow 40x?

liked that uob loans oof $800k becomes $32 mio returns..ahyes

embracez      ( Date: 25-Jun-2021 10:27) Posted:

I think BB might play it up to 0.04xx 

10x where got enough for them 

 
 
tankoksee     25-Jun-2021 10:27  
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0.002 is my entry level worth buying a 50% premium of the conversion price of 0.0012
 

makdatok      ( Date: 25-Jun-2021 10:26) Posted:

Bought at 12..Hope its e blessing

 
 
embracez     25-Jun-2021 10:27  
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I think BB might play it up to 0.04xx 

10x where got enough for them 
 

 
makdatok     25-Jun-2021 10:26  
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Bought at 12..Hope its e blessing
 
 
tankoksee     25-Jun-2021 10:22  
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these guys are so lucky...10x instant returns..

huat ah..

Joelton      ( Date: 24-Jun-2021 09:06) Posted:

Hoe Leong to resume trading of shares on June 25
Hoe Leong Corporation has announced that it has completed a series of proposed transactions in relation to its financial and corporate restructuring.
 
In a filing to SGX on June 23, Hoe Leong states it has completed all the proposed transactions set out in its circular to shareholders dated June 1 including the issue of a $3 million convertible loan note as well as the grant of 6.16 billion non-listed and non-
transferable options to Shing Heng Holding.
 
The company also issued new shares and convertible bonds as part of debt settlement and subscription agreements with RHB Bank, Sing Investments & Finance (SIF) and United Overseas Bank (UOB).
242 million new shares were issued to RHB 344 million new shares were issued to SIF while UOB was issued $833,5574 in zero-interest convertible bonds which are convertible into 476.3 million new shares. 
 
Hoe Leong Corporation also issued 65.4 million remuneration shares to Lee Tiam Nam, and appointed Yeo Puay Hin as a director of the company.
 
All the new and remuneration shares were issued at a price of 0.175 cents per share. The conversion price on UOB&rsquo s convertible bonds is also at the same price per share.
 
With the completion of the transactions, the issued and paid-up share capital of the company (excluding treasury shares and subsidiary holdings) totals 6.27 billion shares. 
 
Hoe Leon expects resumption of trading of its shares on June 25. Trading had been suspended since September 2019.

 
 
Contratrader     25-Jun-2021 10:17  
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Still got so many people buy to support the prices ...nice ah...our market..thump up la!
It gives me hope..Hahaha!
 
 
tankoksee     25-Jun-2021 09:59  
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short term squeeze lor...

creditors happy liked mad....10x $$ owed returns siah
 

 
cherintc     25-Jun-2021 09:57  
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Resumption at the right time. BUT take note no more vessel chartering services to the oil and gas industry.
3B free float, but market depth like can be easily pushed either way.

Remind me of Peter Lim and the Wonder Horse.
 
 
 
ThankYou     25-Jun-2021 09:48  
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Coming down! 😊

ThankYou      ( Date: 25-Jun-2021 09:33) Posted:

Can short some more then?

tankoksee      ( Date: 25-Jun-2021 09:29) Posted:

creditors owed $1 becomes $10..better returns than toto n 4D..blush


 
 
tankoksee     25-Jun-2021 09:47  
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1 director owed 400k becomes $4mio..siah huat till siaoooooooooo

Contratrader      ( Date: 25-Jun-2021 09:46) Posted:

So many shares to flood the market at so low prices...10x....creditors dont want to take money meh?

 
 
tankoksee     25-Jun-2021 09:46  
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stupid mkts right?

good value counters liked new wave no interest?

should be 2 cts stucked here 1 cts...
 
 
Contratrader     25-Jun-2021 09:46  
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So many shares to flood the market at so low prices...10x....creditors dont want to take money meh?
 

 
ThankYou     25-Jun-2021 09:33  
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Can short some more then?

tankoksee      ( Date: 25-Jun-2021 09:29) Posted:

creditors owed $1 becomes $10..better returns than toto n 4D..blush

 
 
tankoksee     25-Jun-2021 09:29  
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creditors owed $1 becomes $10..better returns than toto n 4D..blush
 
 
Contratrader     25-Jun-2021 09:27  
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All retailers help them to earn like siao..

tankoksee      ( Date: 25-Jun-2021 09:21) Posted:

siao...liao

should be trading around 0.002..le

all creditors got 10x $$ flowing into their pockets

 
 
tankoksee     25-Jun-2021 09:24  
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  UOB was issued $833,5574 in zero-interest convertible bonds which are convertible into 476.3 million new shares. now become $8 mio into pocket..
 
 
 
ThankYou     25-Jun-2021 09:22  
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Queued 500k at 8 to buy back. Hope can make so coffee money.

ThankYou      ( Date: 25-Jun-2021 09:19) Posted:

Looks good to short this? Goes up by so much!

Joelton      ( Date: 24-Jun-2021 09:06) Posted:

Hoe Leong to resume trading of shares on June 25
Hoe Leong Corporation has announced that it has completed a series of proposed transactions in relation to its financial and corporate restructuring.
 
In a filing to SGX on June 23, Hoe Leong states it has completed all the proposed transactions set out in its circular to shareholders dated June 1 including the issue of a $3 million convertible loan note as well as the grant of 6.16 billion non-listed and non-
transferable options to Shing Heng Holding.
 
The company also issued new shares and convertible bonds as part of debt settlement and subscription agreements with RHB Bank, Sing Investments & Finance (SIF) and United Overseas Bank (UOB).
242 million new shares were issued to RHB 344 million new shares were issued to SIF while UOB was issued $833,5574 in zero-interest convertible bonds which are convertible into 476.3 million new shares. 
 
Hoe Leong Corporation also issued 65.4 million remuneration shares to Lee Tiam Nam, and appointed Yeo Puay Hin as a director of the company.
 
All the new and remuneration shares were issued at a price of 0.175 cents per share. The conversion price on UOB&rsquo s convertible bonds is also at the same price per share.
 
With the completion of the transactions, the issued and paid-up share capital of the company (excluding treasury shares and subsidiary holdings) totals 6.27 billion shares. 
 
Hoe Leon expects resumption of trading of its shares on June 25. Trading had been suspended since September 2019.


 
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