Meiban Gp

30-Jul-2010 (Fri) - Expecting last 0.300, worst 0.295.

Again, pls dun stop BBs 2 draw e chart nice nice k...

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Bingo!!! Meiban Gp last 0.300 on 29-Jul-2010 (Thu). The chart looks v v nice...

Tmr 30-Jul-2010 (Fri) expecting last 0.300 worst 0.295...

Meiban Gp closed 0.300 aft 12:30pm. Keep it up...

Note:

Meiban Gp needs 2 b closed @ 0.300 today 29-Jul-2010 (Thu). Pls dun stop BBs 2 draw e chart... If not, e chart'll not nice liao.

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Tis time Meiban Gp's support might chng fm 0.285 to 0.270 liao...

Once break 0.270... Nxt'll b 0.260.

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• 28-Jul-2010 (Wed) - Was last 0.305.
• 29-Jul-2010 (Thu) - Expecting last 0.300.
• 30-Jul-2010 (Fri) - Expecting last 0.300, worst 0.295.
• 02-Aug-2010 (Mon) - Expecting last 0.290.
• 03-Aug-2010 (Tue) - Expecting last 0.285.
• Fm 04-Aug-2010 (Wed) onwards - Expecting fm 0.260 to 0.285 range...

Hi,  thank you & huat! 

Dunno... How I wished got rite issues ley...

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Insider info?

Support at 0.285

Resistance at 0.325

I'm waiting Meiban Gp 2 announce issue rites.

Cos once announced, Meiban Gp'll cheong sky high...

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MEIBAN GROUP LTD

(Incorporated in the Republic of Singapore)

(Company Registration Number 198602811M)

PROPOSED DIVERSIFICATION INTO MACHINING AND DRILLING SERVICES

The Board of Directors of Meiban Group Ltd (the "

The Company is looking into providing machining and drilling services, including services such as deep hole drilling, honing, CNC lathe machining and milling operations to facilitate material sizing.

As the Group’s core competencies are in moulding, tooling and contract manufacturing, the Company believes that the Proposed Diversification is an extension of the existing capabilities of the Group and presents an opportunity for the Group to diversify and expand to serve new market segments, which is timely in view of the shift of the plastics moulding business in recent years to lower-production costs countries, and increasing price pressures from competitors in its existing businesses.

The Company intends to incorporate a new joint venture company in Singapore ("

The Company will make an announcement in due course when the terms of the Proposed Joint Venture are finalised and a definitive binding agreement entered into between the Company and GKC Holdings Pte Ltd in relation to the same.

Save for the proposed participation of the controlling shareholders and directors of the Company in the Proposed Joint Venture and Proposed JV Co as aforesaid, none of the Directors or controlling shareholders of the Company will have any interest, direct or indirect, in the Proposed Joint Venture or Proposed JV Co. Company") is pleased to announce that the Company intends to diversify and expand its existing business to include the provision of machining and drilling services (the "Proposed Diversification"). Proposed JV Co") to undertake the provision of machining and drilling services contemplated under the Proposed Diversification, where the Company will initially own 70% of the Proposed JV Co and the remaining 30% of the Proposed JV Co will be owned by GKC Holdings Pte Ltd., a company in which our directors, Goh Tiong Yong, Goh Su Min, Carol Goh Su Lin, have shareholding interests in (the "Proposed Joint Venture").

By Order of the Board

Lee Pih Peng

Company Secretary

23 July 2010

Once Meiban Gp hit 0.365 high, Meiban Gp'll cheong like Frencken today. But there was outsiders queuing sell @ 0.325 today & hv 13 lots done. Suspect it was Elephant-C... Dat's y BBs dun push further today...

Once Meiban Gp breaks e record high...

Meiban Gp'll cheong all e way...

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