| Latest Forum Topics / JES Intl Last:0.026 -- |
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JES deeply undervalued compared to peers
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starlene
Elite |
05-Aug-2013 19:46
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Avoid this counter now...will be record losses for this year..previously they artifically push to 21cts after dropped like stone..lucky to get out fast
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hmphie
Senior |
05-Aug-2013 19:45
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Tio tua liao | ||||
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dicksonh
Veteran |
05-Aug-2013 15:41
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JES INTERNATIONAL HOLDINGS LIMITED (Company Registration No. 200604831K) (Incorporated in the Republic of Singapore) LETTER OF INTENT FOR GRANT OF FACILITIES AMOUNTING UP TO US$40.0 MILLION The Board of Directors (“Board”) of JES International Holdings Limited (the “Company”) is pleased to announce that the Company has entered into a letter of intent (the “LOI”) with a US based private investment firm (the “Lender”) on 2 August 2013, pursuant to which it is proposed that the Lender makes available to the Company a facility of up to a maximum aggregate of US$20 million with the option of the Company (subject to approval from the Lender) to request an additional facility of up to a maximum aggregate of US$20 million (the “Facility”). A summary of the indicative principal terms and conditions of the Facility as set out in the LOI are as follows: 1. Facility Amount : - A facility of up to maximum aggregate of US$20.0 million - Subject to approval from the Lender, the Company shall have the option to request an additional facility of up to maximum aggregate of US$20.0 million 2. Purpose : Working capital of the Company 3. Tenure : The tenure of each Loan shall be for a period of 3 years commencing from the date of each disbursement 4. Guarantor : JES Overseas Investment Limited 5. Fees : The Company shall pay the Lender: (i) A Maintenance Fee equal to 5% per annum on each Loan (payable quarterly in arrears at the rate of 1.25% per quarter) (ii) An Upfront Fee equal to 5% on each Loan (to be deducted from the proceeds of each Loan disbursement) The shareholders of the Company (“Shareholders”) should note that the LOI is not intended to be legally binding on the Company and the Lender (the “Parties”) save for certain terms specified therein. The principal terms of the Facility as set out in the LOI are subject to the terms and conditions to be agreed and set out in the definitive loan agreement to be entered into between the Parties (the “Definitive Loan Agreement”). The Parties will use their best endeavours to negotiate and enter into the Definitive Loan Agreement within 2 weeks from the date of the LOI and the Company will continue to update Shareholders on the Facility and upon the signing of the Definitive Loan Agreement.
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dicksonh
Veteran |
05-Aug-2013 15:35
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The details of the announcement start here ... Date of Lifting of Trading Halt * 05-08-2013 Time of Lifting of Trading Halt * 1530 hours Whats the news/?? |
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Patkeane
Member |
05-Aug-2013 14:58
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Bro borrow money from ppl is it consider good news???? | ||||
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hmphie
Senior |
05-Aug-2013 08:48
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Since you already know Keppel buying over this at 30cents a share, then why ask so much?
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Patkeane
Member |
05-Aug-2013 08:43
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Is this a "s" chip company ? Is the director holding more than 70% of the company shares do you know how many shares in the hand of public ? Thanks in advance ....
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Patkeane
Member |
05-Aug-2013 08:38
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Than end of today they hv to resume trading , wait for news !!
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hmphie
Senior |
05-Aug-2013 08:35
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3 calendar days.
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Patkeane
Member |
05-Aug-2013 08:07
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Wow what a long halt ? What is the maximum days they can halt ? | ||||
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hmphie
Senior |
01-Aug-2013 17:03
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The more you say, the more you high. 
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jimmy02tan
Member |
01-Aug-2013 16:57
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Huat ah tomorrow! :) |
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Patkeane
Member |
01-Aug-2013 15:22
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Dream ....... ha ha ha.....see today kepple corp got hault or not if have ho said liao ......ha ha .... |
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halleluyah
Elite |
01-Aug-2013 15:14
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Wow, if cfm deal at 0.30/share....bro sean will profitted 81,500 fr 500 lots....really $$ drop frm heaven loh.
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Patkeane
Member |
01-Aug-2013 14:58
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hope u still hold on to your 500lots !!!!huat ar...................
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Patkeane
Member |
01-Aug-2013 14:37
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I think is Kepple corp going to buy over this company ....at 0.30 a shares....... | ||||
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hmphie
Senior |
01-Aug-2013 14:11
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Good observation Pat. Good news could be the following:
Which is your preferred good news?
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Patkeane
Member |
01-Aug-2013 11:59
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They never request for trading halt for the last 5years !!! 3directors just bought shares from market think should be good news if not how come they buy already then halt ...... cannot be bad news they go and buy ....let's hope is a good one !!!!! | ||||
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hmphie
Senior |
01-Aug-2013 10:32
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Very good question Jimmy. But unfortunately, I do not know.
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jimmy02tan
Member |
01-Aug-2013 09:39
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how come? | ||||
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