Grand Venture   

EXPANSION INTO THE MEDICAL INDUSTRY FOR GROWTH

Time to sell?

 

Beautiful 
waiting for $1.50
with novo fund
There is hope 
chiong ah 

SmallSmall      ( Date: 18-Jan-2021 10:11) Posted: :)

 

:)

 

1/3 of AEM price can liow..

johnnytanki      ( Date: 13-Jan-2021 20:42) Posted: Will sell only when at AEM price!   john_ric      ( Date: 13-Jan-2021 15:53) Posted: sell on news??

 

Wow ,,,505/51...swee

 

Action comes...break new high

Contratrader      ( Date: 13-Jan-2021 09:46) Posted: Good news..then must buy before too late lo...

 

Wow. Bad news . Placement share at 0.33 .
Tml. Price drop.

 

Wa impressive indeed

SmallSmall      ( Date: 17-Jan-2021 09:44) Posted: https://www.nextinsight.net/story-archive-mainmenu-60/944-2021/13975-novo-tellus-on-verge-of-s-30-million-buy-of-grand-venture-technology-stake GRAND VENTURE TECHNOLOGY: Novo Tellus to buy S$30 million controlling stake Saturday, 16 January 2021 06:24 Leong Chan Teik Novo Tellus is a Singapore private equity firm which not only invested successfully in AEM and ISDN but also helped chart their operational resurgence. The latest news is that Novo Tellus has entered into an agreement to buy a stake in Grand Venture Technology (GVT) for S$23.6 million. NovoTellus1.21 GVT will issue 71,527,000 new shares at 33 cents in a placement that will give Novo Tellus a 23.4% stake in the enlarged share capital of GVT. Concurrently, Novo Tellus is in talks with Metalbank (which owns 57% of existing share capital of GVT) to acquire 19,000,000 GVT shares at 33 cents. That will take its stake up to 29.6%, just shy of the 30% level where it has to make a mandatory takeover offer. So who is GVT, which listed on the Catalist in January 2019? We excerpt a Dec 2020 SGX article: Company Overview Stock price 45 c 52-week range 19?48 c PE (ttm) 33.6 Market cap S$105 m Shares outstanding 234.3 m Dividend yield (ttm) -- 1-year return 69.8% Source: Bloomberg Grand Venture Technology (?GVT?) is a manufacturing solutions and service provider for the semiconductor, analytical life sciences, electronics and other industries, with operations in Singapore, Malaysia (Penang) and the People?s Republic of China (Suzhou). The Group serves some of the largest Original Equipment Manufacturers (?OEMs?) by providing a range of engineering, assembly, testing and product lifecycle management services for the manufacture of complex precision machining and sheet metal components and modules.

 

https://www.nextinsight.net/story-archive-mainmenu-60/944-2021/13975-novo-tellus-on-verge-of-s-30-million-buy-of-grand-venture-technology-stake

GRAND VENTURE TECHNOLOGY: Novo Tellus to buy S$30 million controlling stake
Saturday, 16 January 2021 06:24
Leong Chan Teik


Novo Tellus is a Singapore private equity firm which not only invested successfully in AEM and ISDN but also helped chart their operational resurgence.

The latest news is that Novo Tellus has entered into an agreement to buy a stake in Grand Venture Technology (GVT) for S$23.6 million.

NovoTellus1.21
GVT will issue 71,527,000 new shares at 33 cents in a placement that will give Novo Tellus a 23.4% stake in the enlarged share capital of GVT.

Concurrently, Novo Tellus is in talks with Metalbank (which owns 57% of existing share capital of GVT) to acquire 19,000,000 GVT shares at 33 cents.

That will take its stake up to 29.6%, just shy of the 30% level where it has to make a mandatory takeover offer.

So who is GVT, which listed on the Catalist in January 2019?

We excerpt a Dec 2020 SGX article:

Company Overview
Stock price
45 c
52-week range
19?48 c
PE (ttm)
33.6
Market cap
S$105 m
Shares outstanding
234.3 m
Dividend
yield (ttm)
--
1-year return
69.8%
Source: Bloomberg

Grand Venture Technology (?GVT?) is a manufacturing solutions and service provider for the semiconductor, analytical life sciences, electronics and other industries, with operations in Singapore, Malaysia (Penang) and the People?s Republic of China (Suzhou).

The Group serves some of the largest Original Equipment Manufacturers (?OEMs?) by providing a range of engineering, assembly, testing and product lifecycle management services for the manufacture of complex precision machining and sheet metal components and modules.

 

Novo Tellus PE Fund 2 makes private equity investments in the tech and industrials sector of South-east Asia, with a focus on mid-market companies.
AEM Holdings' executive chairman Loke Wai San runs technology buyout fund Novo Tellus Capital Partners.
Just this week, electronics services provider AEM launched a S$99.7 million buyout bid for mainboard-listed contract manufacturer CEI Ltd.
Last November, Sunningdale Tech also announced that its chairman Koh Boon Hwee is teaming up with Novo Tellus PE Fund 2 to take the precision plastic



https://www.businesstimes.com.sg/companies-markets/novo-tellus-to-take-controlling-stake-in-grand-venture-tech-via-placement-vendor

 

Dreaming

 

Will sell only when at AEM price!
 

john_ric      ( Date: 13-Jan-2021 15:53) Posted: sell on news??

 

sell on news??

 

Good news..then must buy before too late lo...

 

Group linked to AEM and ISDN just took a controlling stake in Grand Venture :)

 

News is out:  https://links.sgx.com/FileOpen/GVT%20Placement%20Agreement%2012Jan21.ashx?App=Announcement& FileID=644939
 

 

Halted 

 

Guess analysts are also accumulating for themselves before any buy calls.
I like it that they are likely going through an explosive demands for their products which would likely see a mutlifolds jumps in profits due to the low base. 
I see the recent holding announcement about a strategic investor coming in as an endorsement to the company' s value. Any price they are going to pay for a stake from the original founders is likely to be a premium to the market.
Ride the recovery :)

HopeToBeRight      ( Date: 22-Oct-2020 10:53) Posted: All I can say is....just by the company' s name, it is a ' grander' version of venture. Got a lot more potential. Recent financials show huge improvement due to higher demand for their 2 main line of products - (1) semi-con and (2) life-sciences/electronics. With covid ongoing and accelerated digitalisation in our economy, by now most should know the increasing demand trend for the above two items will just continue going up. Previous financials, their operating margins were affected due to lockdown. Next period financials hopefully will show improvement... meaning double whammy of persistent higher revenue and higher margins leading to even higher bottomline. If i recall correctly, they bought new property in malaysia near end Feb 2020 citing expansion of production capacity...then recently Oct incorporate new malaysian subsidiary for manufacturing activities. Signal to me that company is in fact experiencing higher volumes. As for life-sciences segment, they also get ISO certification which allows them to cater to new customers' more stringent requirements and will open up new customer channel. Expect china operations to just continue going up with recovery ... same for singapore - many news to boost manufacturing and our export data show improvement in semi-con, life science and electronics.  Have been accumulating this and am vested already. Good luck and be patient if investing in this!

 

This tech dark horse could turn out to be the big play for 2021 

SmallSmall      ( Date: 08-Jan-2021 09:32) Posted: Looking interesting. Morphing into something big ?

 

Looking interesting. Morphing into something big ?