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Huat ahhh!
Coming very soon...
Look out for this gem!
Think a move is coming? Getting in Q to buy at 6 soon.
expertinvestor ( Date: 19-Nov-2013 15:21) Posted:
I suspect Simon Eng is the guy that is buying...
WanSiTong ( Date: 19-Nov-2013 14:29) Posted:
| Almost 74 m shares transacted at 0.006 |
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I suspect Simon Eng is the guy that is buying...
WanSiTong ( Date: 19-Nov-2013 14:29) Posted:
| Almost 74 m shares transacted at 0.006 |
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Almost 74 m shares transacted at 0.006
hopefully it will be the next Viking ..... a double-bagger micro-penny within a short span of time .....
kelvinleow79 ( Date: 08-Nov-2013 14:26) Posted:
really really hope you are right....
hopefully 0.006 is rock bottom already
WanSiTong ( Date: 08-Nov-2013 13:38) Posted:
| Placement Agreement?) with Lim & Tan Securities Pte Ltd as thePlacement Agent?). Pursuant to the Placement Agreement, the Company has agreed to allot and issue up to 584,375,930 new ordinary shares in thePlacement Shares? and each a ?Placement Share?) at an issue price of S$0.0065 (the ?Placement Price?) for each Placement Share (thePlacement?) and the Placement Agent has agreed, on a fully underwritten basis, to subscribe for and/or procure the subscription for............. |
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really really hope you are right....
hopefully 0.006 is rock bottom already
WanSiTong ( Date: 08-Nov-2013 13:38) Posted:
Placement Agreement?) with Lim & Tan Securities Pte Ltd as thePlacement Agent?). Pursuant to the Placement Agreement, the Company has agreed to allot and issue up to 584,375,930 new ordinary shares in thePlacement Shares? and each a ?Placement Share?) at an issue price of S$0.0065 (the ?Placement Price?) for each Placement Share (thePlacement?) and the Placement Agent has agreed, on a fully underwritten basis, to subscribe for and/or procure the subscription for.............
WanSiTong ( Date: 29-Oct-2013 13:10) Posted:
| 0.006 would be a very strong support |
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Placement Agreement?) with Lim & Tan Securities Pte Ltd as thePlacement Agent?). Pursuant to the Placement Agreement, the Company has agreed to allot and issue up to 584,375,930 new ordinary shares in thePlacement Shares? and each a ?Placement Share?) at an issue price of S$0.0065 (the ?Placement Price?) for each Placement Share (thePlacement?) and the Placement Agent has agreed, on a fully underwritten basis, to subscribe for and/or procure the subscription for.............WanSiTong ( Date: 29-Oct-2013 13:10) Posted:
0.006 would be a very strong support!
mb7269 ( Date: 29-Oct-2013 12:23) Posted:
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So high chance to collect at .002 ? or even .001? |
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65k queuing at 0.005.... seems like 0.006 resistance might be breaking soon
0.006 would be a very strong support!
mb7269 ( Date: 29-Oct-2013 12:23) Posted:
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So high chance to collect at .002 ? or even .001? |
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So high chance to collect at .002 ? or even .001?
PROPOSED NEW SUBSCRIPTION OF 584,375,930 SHARES IN ADVANCE SCT LIMITED
1.1 The Board of Directors of Advance SCT Limited (the ?
(collectively the ?
ordinary shares. In view of the changed market conditions in the last two months, the Subscribers have requested for and the Company has agreed to the termination of the
Subscription Agreements. On 28 October 2013, the Company has entered into separate agreements with each of the Subscribers to terminate the Subscription Agreements.
1.2 In lieu of the Subscription Agreements, the Company has entered into a placement agreement (the ?
placement agent (the ?
capital of the Company (the ?
?
Price on the terms and subject to the conditions of the Placement Agreement. The Placement Agent shall be obliged to subscribe for any Placement Shares for which
subscription by parties other than the Placement Agent cannot be procured. The Company shall pay to the Placement Agent an underwriting commission of 1.50% of the
aggregate Placement Price.
Placement Agreement?) with Lim & Tan Securities Pte Ltd as thePlacement Agent?). Pursuant to the Placement Agreement, the Company has agreed to allot and issue up to 584,375,930 new ordinary shares in thePlacement Shares? and each a ?Placement Share?) at an issue price of S$0.0065 (the ?Placement Price?) for each Placement Share (thePlacement?) and the Placement Agent has agreed, on a fully underwritten basis, to subscribe for and/or procure the subscription for, the Placement Shares at the Placement
Company?) refers to its announcement on 26 August 2013 in relation to six conditional subscription agreementsSubscription Agreements?) with six individual investors (collectively the ?Subscribers?) for the subscription of an aggregate number of 584,375,930 new
Directors? Opinion on Working Capital
The Group reported that it was in a negative working capital position in the earnings
announcement for the first half of 2013. The negative working capital was represented by
its net current liabilities of approximately S$4,437,000 as at 30 June 2013. Going forward,
there is no assurance that the Group will be able to generate positive operating cash
flows, especially without further injection of cash. If it is unable to obtain adequate funding,
its ability to continue as a going concern may be called to question.
The Group is negotiating with a private investment company for a working capital loan. As
of the date of this announcement, the negotiation has progressed well.
The Company has decided to undertake the Placement to alleviate its current need for
additional working capital. A successful conclusion of the Placement together with a
confirmation of the working capital loan from the private investment company will place
the Group in a position to grow its manufacturing division, capitalising on opportunities
that have been made available recently.
The Company refers to the announcement released on 30 September 2013 and 1 October 2013 in relation to the disposal of the Group?s interest in EGL
The Board of Directors wishes to inform that subsequent to the signing of the sale and purchase agreement (?SPA?) with Low Teck Lee (?LTL?), a shareholder of Sunrise Investors Pte Ltd (?Sunrise?), LTL
signed a Novation Agreement and Sunrise replaced LTL as the party to the SPA. All the conditions of the agreement remained unchanged. The conditions precedent of the SPA has been fulfilled, and the
transaction is completed.
The Board of Directors of the Company wishes to announce that the Company and its subsidiaries (collectively ?the Group?) has accepted an offer (?the Offer?) from an individual (?the Purchaser?) to
acquire the Group?s 90% stake in EGL, for a total consideration of S$900,000.00 (?the Consideration?).
my guess is that this will be best recovery story of all ..... honest and sincere approach by the management .....
Simon Eng added another 90mil share @ $0.009/share to portfolio.
kelvinleow79 ( Date: 09-Oct-2013 20:39) Posted:
| Good news...
Directors adding to their portfolio
PETER CHOO CHEE KONG - 50mil shares @ ($0.007/share)
SIMON ENG - 260mil shares @ (0.0089/share) |
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Finally got 0.007.....
hopefully.... this is rock bottom already.
kelvinleow79 ( Date: 11-Oct-2013 15:24) Posted:
| que 0.007 for last few days...hopefully today can get... |
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que 0.007 for last few days...hopefully today can get...
Just be careful. Don't plan for contra. I am in it for long. I know contra will lose. This counter will not move up easily. If you know ipco, this is even worst. So hold for long.
expertinvestor ( Date: 11-Oct-2013 14:42) Posted:
| Buy. Someone is trying to move this up. |
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Buy. Someone is trying to move this up.
