In connection with the Proposed Rights Issue,
Xinlong Investment Holding Limited (&ldquo Xinlong&rdquo ), a substantial shareholder, has provided the Company with an irrevocable undertaking (&ldquo Irrevocable Undertaking&rdquo ) pursuant to which it has undertaken to the Company to, inter alia: (a) accept, subscribe and pay for all its entitlements to the Rights Shares based on its existing shareholding as at the date of the Irrevocable Undertaking and
(b) make excess application(s) to effectively take up any and all Rights Shares which are not validly subscribed and/or applied for at the close of the Proposed Rights Issue after satisfaction of all valid applications and excess applications (if any) for the Rights Shares
Xinlong Investment Holding Limited (&ldquo Xinlong&rdquo ), a substantial shareholder, has provided the Company with an irrevocable undertaking (&ldquo Irrevocable Undertaking&rdquo ) pursuant to which it has undertaken to the Company to, inter alia: (a) accept, subscribe and pay for all its entitlements to the Rights Shares based on its existing shareholding as at the date of the Irrevocable Undertaking and
(b) make excess application(s) to effectively take up any and all Rights Shares which are not validly subscribed and/or applied for at the close of the Proposed Rights Issue after satisfaction of all valid applications and excess applications (if any) for the Rights Shares
SmallSmall ( Date: 05-Dec-2024 09:07) Posted:
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Good chance to buy. Rights issue at $0.0015.
Now $0.002. Limited downside.
Good risks vs returns
Now $0.002. Limited downside.
Good risks vs returns
This one also interesting.....$0.004
superb show..from 3 to 8 in 2 days of trading!
Will BBs flush to back to 4 and 5? 
better than jasper!
SmallSmall ( Date: 13-Jun-2024 09:10) Posted:
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Run away gun.....
nice micro penny game... break 10 coming...? dyodd  
tankoksee ( Date: 12-Jun-2024 16:15) Posted:
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can smell 8 soon!
SLLIMJ ( Date: 14-Jul-2023 11:18) Posted:
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smell good!
tankoksee ( Date: 11-Jun-2024 14:23) Posted:
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For those interested what the company is doing now
Questions Received from Shareholders
1. Shareholder A &ndash As there was a change in Company&rsquo s business activities, please explain
what are the Company&rsquo s current businesses?
The Chairman referred Shareholder A to the Company&rsquo s Annual Report on the disclosure in relation
to the Company&rsquo s current businesses and informed Shareholder A that the Company&rsquo s current
businesses include the provision of human resource, labour outsourcing related services,
infrastructure management services and food distribution service in People&rsquo s Republic of China
(&ldquo PRC&rdquo ). He added that the publishing and money-lending businesses have been disposed of by
the Company.
Mr. Yang Li, the Executive and Strategy Director of the Company elaborated to Shareholder A that
the human resources services provided by Company in PRC are provided mainly to government
agencies, financial institutions, and state-owned enterprises (&ldquo SOE&rdquo ).
2. Shareholder A &ndash What are Company&rsquo s plans for the future?
The Chairman replied that the Company&rsquo s future plan is to grow the human resources management
businesses with the SOE clients in China.
Questions Received from Shareholders
1. Shareholder A &ndash As there was a change in Company&rsquo s business activities, please explain
what are the Company&rsquo s current businesses?
The Chairman referred Shareholder A to the Company&rsquo s Annual Report on the disclosure in relation
to the Company&rsquo s current businesses and informed Shareholder A that the Company&rsquo s current
businesses include the provision of human resource, labour outsourcing related services,
infrastructure management services and food distribution service in People&rsquo s Republic of China
(&ldquo PRC&rdquo ). He added that the publishing and money-lending businesses have been disposed of by
the Company.
Mr. Yang Li, the Executive and Strategy Director of the Company elaborated to Shareholder A that
the human resources services provided by Company in PRC are provided mainly to government
agencies, financial institutions, and state-owned enterprises (&ldquo SOE&rdquo ).
2. Shareholder A &ndash What are Company&rsquo s plans for the future?
The Chairman replied that the Company&rsquo s future plan is to grow the human resources management
businesses with the SOE clients in China.
This one is interesting. It has a strong China shareholder called Dong Ling Electrical Group Co Ltd  which came in to take a 20.75% stake comprising 193,799,000 shares at $0.01494 last year.
Dong Ling is within the Conglomerates which manufactures and sell home appliances in China
 
Guangdong Xinbao Electrical Appliances Holdings Co., Ltd. (hereafter referred to as Xinbao Holdings) was established in 1995. An A-share listed firm (stock code: 002705), Xinbao Holdings specializes in the development, design, manufacturing and sale of kitchen appliances, home care appliances, electronic baby products, refrigeration appliances, electronic personal care products and other small home appliances. Xinbao Holdings is headquartered in Shunde, Guangdong. The firm has over 30 subsidiary product companies and nearly 28,000 employees, of which 2,600 form the R& D team. The firm' s revenue exceeded RMB 14.9 billion in 2021.
Dong Ling is within the Conglomerates which manufactures and sell home appliances in China
 
Guangdong Xinbao Electrical Appliances Holdings Co., Ltd.
Guangdong Xinbao Electrical Appliances Holdings Co., Ltd. (hereafter referred to as Xinbao Holdings) was established in 1995. An A-share listed firm (stock code: 002705), Xinbao Holdings specializes in the development, design, manufacturing and sale of kitchen appliances, home care appliances, electronic baby products, refrigeration appliances, electronic personal care products and other small home appliances. Xinbao Holdings is headquartered in Shunde, Guangdong. The firm has over 30 subsidiary product companies and nearly 28,000 employees, of which 2,600 form the R& D team. The firm' s revenue exceeded RMB 14.9 billion in 2021.
can smell 5/6 soon
tankoksee ( Date: 11-Jun-2024 13:58) Posted:
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got volume today..
SLLIMJ ( Date: 14-Jul-2023 11:18) Posted:
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wow can grab some since now is only 8
Married trade of 59 mil at $0.01.
Now totally quiet. All awaiting SGX to query and receive usual standard reply . Then we will see name change and disposal of the magazine business.
Will hit 5 cents then ? 🤔
Will hit 5 cents then ? 🤔
Which they will deny! deny!!,DENY!!! 😂 😂
MBULLISH ( Date: 26-Apr-2023 18:53) Posted:
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Both are friends
So is ok
Lol
So is ok
Lol
HappyBunny ( Date: 26-Apr-2023 18:25) Posted:
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Wonder which insider sold 165million shares in the open.
HappyBunny ( Date: 26-Apr-2023 18:20) Posted:
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