
Asiatic latest NAV = 6.5 cents, made forex gains for 1st half ...
evildd ( Date: 07-Nov-2013 09:23) Posted:
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time for uptrend
Fundamental penny stock will give good returns
Nice one @smartrader.
  I bought this counter at higher price (at 60) and plan to avg some at the moment as its price movement getting more and more interesting.
  Cheers! 
Definitely . Long term investors need to buy low.
@smartrader, did you collect any at px range 40 - 45? 
Should re-trace to 6.5 cts with the penny scare gone with lifting of suspension of trading for asiasons and liongold .
Bobby Lim is still biggest shareholder with 100mil shares. Good news.
If you are holding the shares, don't do anything . The capital raising is successful - medium term outlook is good.
Let the weak holders and speculators sell down first. Many short sellers are loaning the shares from share loan market.
Let the weak holders and speculators sell down first. Many short sellers are loaning the shares from share loan market.
getting lower and lower . =/
The details of the announcement start here ...
Date of Appointment * 01/10/2013
Name * Tay Kah Chye
Age * 66
Country of principal residence * Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * The Nominating Committee had recommended and the Board had approved the appointment of Mr Tay Kah Chye as an independent director noting that Mr Tay-s extensive contacts and banking experience will enhance the Board and the Group.
Whether appointment is executive, and if so, area of responsibility * Non-Executive and Independent
Job Title * 1) Non-Executive and Independent Chairman, 2) RC Chairman, and 3) AC and NC member
Working experience and occupation(s) during the past 10 years * 1973 - 1991
Started banking career with Citibank Singapore in 1973 and held various positions in operations, credit and marketing. Last held position was Group Head and VP of Corporate Marketing Group in charge of local and foreign corporates, GLCs and other public sector customers.
1991 to 2006
(i) Senior Vice President and Head of Credit & Loan Syndication Division and
(ii) President & Chief Executive Officer - ASEAN Finance Corporation Limited (AFC)
1991 to 2006
(iii) Honorary Secretary General of ASEAN Bankers Association
2007 to 2008
Honorary Advisor to ASEAN Bankers Association
2001 - 2006
Director - Adventure Capital Management Private Limited and Adventure Fund 1 Private Limited, owned by AFC
2003 - 2013 (Jan)
Independent Director - Cambodia Mekong Bank
2007 - 2012
CEO/Chairman/Director - Monsoon Investment Holding Private Limited (MIH), GAEA(Cambodia) and Pharmalink(Cambodia). GAEA and Pharmalink are both owned by MIH.
2006 - Present
Independent Director - Wilmar International Limited
2008 to Present
Independent Director - Chemical Industries (Far East) Limited
Director - Cam Box Investment Private Limited, Cam Box Holding Private and Cam Box Private Limited (Cambodia)
2012 to Present
Director/Member - CLMV Consult Net Private Limited
2013 to Present
Director/Member - Pata International Enterprise Pte Ltd
Principal Consultant/Member - Pata Consultancy Pte Ltd
Shareholding in the listed issuer and its subsidiaries * No
Date of Appointment * 01/10/2013
Name * Tay Kah Chye
Age * 66
Country of principal residence * Singapore
The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process) * The Nominating Committee had recommended and the Board had approved the appointment of Mr Tay Kah Chye as an independent director noting that Mr Tay-s extensive contacts and banking experience will enhance the Board and the Group.
Whether appointment is executive, and if so, area of responsibility * Non-Executive and Independent
Job Title * 1) Non-Executive and Independent Chairman, 2) RC Chairman, and 3) AC and NC member
Working experience and occupation(s) during the past 10 years * 1973 - 1991
Started banking career with Citibank Singapore in 1973 and held various positions in operations, credit and marketing. Last held position was Group Head and VP of Corporate Marketing Group in charge of local and foreign corporates, GLCs and other public sector customers.
1991 to 2006
(i) Senior Vice President and Head of Credit & Loan Syndication Division and
(ii) President & Chief Executive Officer - ASEAN Finance Corporation Limited (AFC)
1991 to 2006
(iii) Honorary Secretary General of ASEAN Bankers Association
2007 to 2008
Honorary Advisor to ASEAN Bankers Association
2001 - 2006
Director - Adventure Capital Management Private Limited and Adventure Fund 1 Private Limited, owned by AFC
2003 - 2013 (Jan)
Independent Director - Cambodia Mekong Bank
2007 - 2012
CEO/Chairman/Director - Monsoon Investment Holding Private Limited (MIH), GAEA(Cambodia) and Pharmalink(Cambodia). GAEA and Pharmalink are both owned by MIH.
2006 - Present
Independent Director - Wilmar International Limited
2008 to Present
Independent Director - Chemical Industries (Far East) Limited
Director - Cam Box Investment Private Limited, Cam Box Holding Private and Cam Box Private Limited (Cambodia)
2012 to Present
Director/Member - CLMV Consult Net Private Limited
2013 to Present
Director/Member - Pata International Enterprise Pte Ltd
Principal Consultant/Member - Pata Consultancy Pte Ltd
Shareholding in the listed issuer and its subsidiaries * No
Good restructuring .
Tay Kah Chye
Independent Director
Mr Tay Kah Chye, 66, is currently the Executive Chairman of CLMV Consult Net Private Limited, a regional consulting company headquartered in Singapore. He has served as the Honorary Advisor of ASEAN Bankers Association, a regional banking industry group from 2008 to 2010. Prior to his retirement on 31 December 2007, Mr Tay was the President and Chief Executive Officer of ASEAN Finance Corporation Limited, a regional merchant bank based in Singapore and owned by various leading banks and financial institutions in ASEAN since 1991. Mr Tay has vast experience in banking and finance. Mr Tay was with Citibank N.A. Singapore Branch, where he started his banking career in 1973. His last held position in Citibank was Vice President and Head of its Corporate Marketing Group. During his 18 years with Citibank, he held various positions in banking operations, credit management and marketing. Mr Tay was a director of Cambodia Mekong Bank Public Limited from 2003 to 2012 and his last held position was Chairman of the Board of Directors. He is a member on the board of directors of Chemical Industries (Far East) Ltd. Mr Tay holds a Bachelor of Social Sciences degree in Economics from the then University of Singapore. Mr Tay was appointed on 14 July 2006 and was last re-elected on 27 April 2012.
Tay Kah Chye
Independent Director
Mr Tay Kah Chye, 66, is currently the Executive Chairman of CLMV Consult Net Private Limited, a regional consulting company headquartered in Singapore. He has served as the Honorary Advisor of ASEAN Bankers Association, a regional banking industry group from 2008 to 2010. Prior to his retirement on 31 December 2007, Mr Tay was the President and Chief Executive Officer of ASEAN Finance Corporation Limited, a regional merchant bank based in Singapore and owned by various leading banks and financial institutions in ASEAN since 1991. Mr Tay has vast experience in banking and finance. Mr Tay was with Citibank N.A. Singapore Branch, where he started his banking career in 1973. His last held position in Citibank was Vice President and Head of its Corporate Marketing Group. During his 18 years with Citibank, he held various positions in banking operations, credit management and marketing. Mr Tay was a director of Cambodia Mekong Bank Public Limited from 2003 to 2012 and his last held position was Chairman of the Board of Directors. He is a member on the board of directors of Chemical Industries (Far East) Ltd. Mr Tay holds a Bachelor of Social Sciences degree in Economics from the then University of Singapore. Mr Tay was appointed on 14 July 2006 and was last re-elected on 27 April 2012.
Does Friday's red candlestick indicate end of selling? Note that last few days was on a downtrend. Also, time and sales data shows buy-ups from many people with small lots (eg, 6 lots, 8 lots, 3 lots etc...) Could be a sign of few big fishes eating all the small fish up. Should be a little cornered and ready for move up on Monday.
Like Bobby Lim, Singaporeans can support good home-grown business and be rewarded when they are succeed - win-win.
I'm collecting some around there too despite of the good news was out on 26th. Will you buy warrant too?
mb7269 ( Date: 27-Sep-2013 15:02) Posted:
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Let's see whether the other substantial holders still maintain or up their % shareholdings - Brian Chang, Bobby Lim and Bernard Lim - should see the filing for substantial shareholders soon.
If they are still there, the buying interests is not over.
Warrant trading on Monday.
If they are still there, the buying interests is not over.
Warrant trading on Monday.
So you are expecting it to go up to what price? haha
mb7269 ( Date: 27-Sep-2013 15:02) Posted:
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i think will be played up next week... 
my reasons:
they released press news about their rights 300% over subsription few days back but hasn't caught bb attention. today you see the price is pressed down for bb to collect. quite unusual because normally the price will not go down this much pts. am thinking of picking up some. i believe they are collecting at 5.7/5.8 cts
chartwise (if you believe in TA for pennies) it is at resistance line. if break it will go lower, otherwise will go higher. i believe will see the latter next week. anyway dyodd..
ysh2006 ( Date: 27-Sep-2013 10:22) Posted:
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any advice on this counter?
still vested at high px
Is your hope still there?...
mb7269 ( Date: 20-Sep-2013 17:14) Posted:
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