why the drop ?
Wolong ( Date: 19-Nov-2013 11:35) Posted:
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Soup is tasteless today...hope everyone still ok.
The Board of Directors (the ?Board?) of Soup Restaurant Group Limited (the ?Company? and together with its subsidiaries, the ?Group?) wishes to announce that the Group is undertaking a group restructuring exercise to consolidate and expand its food processing business and start new lines of business in sourcing, supplying and distributing of raw materials and food products and procurement services. This is part of the Group?s strategic plans for vertical integration of the supply chain.
In line with the group restructuring exercise, the following steps will be taken:
1. A wholly-owned subsidiary, Samsui Holdings Pte Ltd (?Samsui Holdings?), has been incorporated in Singapore on 12 November 2013 with an initial issued and paid-up capital of S$2 comprising two (2) ordinary shares of Singapore Dollar one (S$1) each. The issued and paid-up capital will be increased to S$1,000,000 comprising 1,000,000 ordinary shares of Singapore Dollar one (S$1) each after its incorporation which will be funded by internal resources. The principal activities of Samsui Holdings will be that of investment holdings
2. Following the incorporation of Samsui Holdings,
(i) Samsui Holdings has also incorporated a wholly-owned subsidiary known as Samsui Supplies & Services Pte Ltd (?Samsui Supplies?) on 12 November 2013 with an initial issued and paid-up capital of S$2 comprising two (2) ordinary shares of Singapore Dollar one (S$1) each which will be increased to S$100,000 subsequently. The principal activities of Samsui Supplies will be sourcing, supplying and distributing of raw materials and food products and procurement services and
(ii) The Company will, thereafter, transfer its entire equity interest comprising of 100,000 ordinary shares in its wholly-owned subsidiary, Sure Food Pte Ltd, to Samsui Holdings.
(collectively, the ?Restructuring Exercise?).
Soup Restaurant Group Limited (UEN 199103597Z)
Page 2 of 2
Financial Effects
The Restructuring Exercise is not expected to have any material impact on the earnings per share and net tangible assets of the Company and the Group for the current financial year ending 31 December 2013.
Interests of Directors, Substantial Shareholders or Controlling Shareholders
None of the Directors, substantial shareholders or controlling shareholders of the Company has any interest, direct or indirect, in the Restructuring Exercise.
BY ORDER OF THE BOARD
TOH YEN SANG Company Secretary
12 November 2013
cha! cha! cha! to huat huat huat!
metallica ( Date: 12-Nov-2013 13:47) Posted:
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agree. cannot contra this stock, very risky. this counter likes to do cha cha till happy then move one step forward, then cha cha again...
Pauperman ( Date: 12-Nov-2013 08:16) Posted:
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huat ahh~
PapaSmurf ( Date: 12-Nov-2013 12:26) Posted:
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32-35 coming
slow and steady
put here rather than put FD
cheong ah!!! 30c coming !! still have lots of upside!
Pauperman ( Date: 12-Nov-2013 08:16) Posted:
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50c for me. Vested on long. Can see from past experience contra not recommended.
wanawin ( Date: 11-Nov-2013 22:01) Posted:
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TP? still good to jeep?
soup until nice. was there buy back today or what???
Ho Sey Liao!
Think ranging 255 260
notice no change in price of purchased shares. why?
PapaSmurf ( Date: 06-Nov-2013 18:47) Posted:
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| 1 | Date of Purchases | 06/11/2013 | |
| 2a | Total number of shares purchased | 233,000 | |
| 2b | Number of shares cancelled | 0 | |
| 2c | Number of shares held as treasury shares | 233,000 | |
| 3a | Price paid per share# or | Currency : S$
  Amount : 0.255
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| 4 | Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# | Currency : S$
  Amount : 59,604.13
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| 1 | Date of Purchases | 05/11/2013 | |
| 2a | Total number of shares purchased | 70,000 | |
| 2b | Number of shares cancelled | 0 | |
| 2c | Number of shares held as treasury shares | 70,000 | |
| 3a | Price paid per share# or | Currency : S$
  Amount : 0.255
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| 4 | Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# | Currency : S$
  Amount : 17,906.82
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an ascending breakout triangle with high volume coming. once clear 270, the new support will be at 270. The company buy back will be push up to 270 too. 
Something is brewing and charts sometimes don't lie. Waiting for more actions come forth. Huat ah!!!
danytan ( Date: 01-Nov-2013 22:46) Posted:
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Can explain?
| Pauperman ( Date: 01-Nov-2013 22:37) Posted: |
huat ahhh
[url=http://postimg.org/image/arud5usg7/][img]http://s15.postimg.org/arud5usg7/IMG_20131101_WA0038.jpg[/img][/url]
[url=http://postimg.org/image/arud5usg7/][img=http://s15.postimg.org/arud5usg7/IMG_20131101_WA0038.jpg][/url]
http://postimg.org/image/arud5usg7/
Whoa that's a huge attachment
Paiseh never scale down :)