HLH   

Need Advise

HLH Grp

___3 mths ended Sep 2009___

Net Loss (S$M)___

-$1.93

 

surprise.surprise.....rts over subscribe 250%...wow......because it is cheap cheap......seem when price cheap..ppl can risk...hehehe....but thk not for long lor expecting second harvest liao......after that more land under cultivation..........processing corn..is a big job.....as more country becoming more affluent...more meat....means need more corn for feeding lor................

guangguang      ( Date: 05-Nov-2009 13:09) Posted: ANNOUNCEMENT OF RESULTS OF RIGHTS ISSUE   HLH GROUP LIMITED (Incorporated in the Republic of Singapore) (Company Registration Number: 199905292D) PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 706,916,965 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE "RIGHTS SHARES") AT AN ISSUE PRICE OF S$0.01 FOR EACH RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY THREE (3) EXISTING ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE "RIGHTS ISSUE") – RESULTS OF SUBSCRIPTION OF RIGHTS ISSUE Unless otherwise defined, terms used in this announcement bear the same meanings as defined in the offer information statement dated 13 October 2009 (the “Offer Information Statement”) relating to the Rights Issue of HLH Group Limited (the “Company”). The Directors of the Company are pleased to announce that based on the total issued share capital of the Company of 2,120,750,895 Shares as at the Books Closure Date, 706,916,965 Rights Shares were available for subscription under the Rights Issue, and as at the close of the Rights Issue on 29 October 2009, valid acceptances of and excess applications for a total of 1,767,705,796 Rights Shares, representing 250.1% of the 706,916,965 Rights Shares offered under the Rights Issue, were received. Details of the valid acceptances and excess applications received are as follows: (a) valid acceptances were received for a total of 648,811,389 Rights Shares, representing 91.8% of the total number of Rights Shares offered under the Rights Issue; and (b) excess applications were received for a total of 1,118,894,407 Rights Shares, representing 158.3% of the total number of Rights Shares offered under the Rights Issue. The provisional allotments of 58,105,576 Rights Shares, which were not accepted by Entitled Shareholders and/or Purchasers under the Rights Issue, were fully allotted to satisfy the excess applications for Rights Shares. In the allotment of excess Rights Shares, preference was given to Shareholders for the rounding of odd lots, and Directors and Substantial Shareholders ranked last in priority. None of the provisional allotments of 2,575,328 Rights Shares, which would have been provisionally allotted to Foreign Shareholders, were sold “nil-paid” on the SGX Main Board during the provisional allotment trading period. CDP will be sending a notification via ordinary post on or around 5 November 2009 to successful applicants, stating the number of Rights Shares credited to their respective Securities Accounts. Where any acceptance and/or excess application is unsuccessful or invalid and no Rights Shares or excess Rights Shares are allotted, or where the number of excess Rights Shares allotted is less than that applied for, the amount paid on acceptance and/or application or the surplus application monies (as the case may be) will be refunded to such applicants, without interest or any share of revenue or other benefit arising therefrom within 14 (fourteen) days after the close of the Rights Issue on 29 October 2009 by crediting their accounts with the relevant Participating Banks at their own risk (if they accepted and/or applied by way of Electronic Application through an ATM of a Participating Bank), the receipt by such Participating Banks being a good discharge to the Company and CDP of their obligations, if any, thereunder, or by means of a crossed cheque drawn on a bank in Singapore and sent to them by ordinary post and at their own risk (if they accepted and/or applied through CDP or the Share Registrar). The Company will be releasing an announcement to advise on the date for the listing of and quotation for the Rights Shares on the SGX Main Board in due course. BY ORDER OF THE BOARD HLH GROUP LIMITED Mah Peek Sze Patsy Executive Director 2 November 2009

 

ANNOUNCEMENT OF RESULTS OF RIGHTS ISSUE  

HLH GROUP LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration Number: 199905292D)
PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 706,916,965 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE "RIGHTS SHARES") AT AN ISSUE PRICE OF S$0.01 FOR EACH RIGHTS SHARE, ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY THREE (3) EXISTING ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE "RIGHTS ISSUE") – RESULTS OF SUBSCRIPTION OF RIGHTS ISSUE
Unless otherwise defined, terms used in this announcement bear the same meanings as defined in the offer information statement dated 13 October 2009 (the “Offer Information Statement”) relating to the Rights Issue of HLH Group Limited (the “Company”).
The Directors of the Company are pleased to announce that based on the total issued share capital of the Company of 2,120,750,895 Shares as at the Books Closure Date, 706,916,965 Rights Shares were available for subscription under the Rights Issue, and as at the close of the Rights Issue on 29 October 2009, valid acceptances of and excess applications for a total of 1,767,705,796 Rights Shares, representing 250.1% of the 706,916,965 Rights Shares offered under the Rights Issue, were received.
Details of the valid acceptances and excess applications received are as follows:
(a) valid acceptances were received for a total of 648,811,389 Rights Shares, representing 91.8% of the total number of Rights Shares offered under the Rights Issue; and
(b) excess applications were received for a total of 1,118,894,407 Rights Shares, representing 158.3% of the total number of Rights Shares offered under the Rights Issue.
The provisional allotments of 58,105,576 Rights Shares, which were not accepted by Entitled Shareholders and/or Purchasers under the Rights Issue, were fully allotted to satisfy the excess applications for Rights Shares. In the allotment of excess Rights Shares, preference was given to Shareholders for the rounding of odd lots, and Directors and Substantial Shareholders ranked last in priority.
None of the provisional allotments of 2,575,328 Rights Shares, which would have been provisionally allotted to Foreign Shareholders, were sold “nil-paid” on the SGX Main Board during the provisional allotment trading period.
CDP will be sending a notification via ordinary post on or around 5 November 2009 to successful applicants, stating the number of Rights Shares credited to their respective Securities Accounts.
Where any acceptance and/or excess application is unsuccessful or invalid and no Rights Shares or excess Rights Shares are allotted, or where the number of excess Rights Shares allotted is less than that applied for, the amount paid on acceptance and/or application or the surplus application monies (as the case may be) will be refunded to such applicants, without
interest or any share of revenue or other benefit arising therefrom within 14 (fourteen) days after the close of the Rights Issue on 29 October 2009 by crediting their accounts with the relevant Participating Banks at their own risk (if they accepted and/or applied by way of Electronic Application through an ATM of a Participating Bank), the receipt by such Participating Banks being a good discharge to the Company and CDP of their obligations, if any, thereunder, or by means of a crossed cheque drawn on a bank in Singapore and sent to them by ordinary post and at their own risk (if they accepted and/or applied through CDP or the Share Registrar).
The Company will be releasing an announcement to advise on the date for the listing of and quotation for the Rights Shares on the SGX Main Board in due course.
BY ORDER OF THE BOARD
HLH GROUP LIMITED
Mah Peek Sze Patsy
Executive Director
2 November 2009

 

old news but worth taking a look.........

Introduction of Development Triangle Development Features and Conditions Cooperation Direction, Action Plans Socio-economic Development Forecasts News from Participants News from Cambodia News from Laos News from Vietnam References Web Link - Select Website Investment Newspaper Ho Chi Minh Planning&Investment Department Central economics research management institute Enterprise Information Center Bac Ninh-Potentiality&Prospect Industrial Parks Manangement Board Of Phu Tho Industrial Parks Manangement Board Of Quang Ninh Interation Network Of Ho Chi Minh Da Nang City Hai Phong City Bac Can Province Binh Dinh Province Binh Duong Province Ca Mau Province Can Tho Province Dong Nai Province Ha Nam Province Ha Tay Province Lang Son Province Lao Cai Province Nam Dinh Province Nghe An Province Quang Binh Province Quang Ngai Province Quang Ninh Province Quang Tri Province Thai Nguyen Province Thanh Hoa Province Ha Noi Capital Website - Select Website Ministry Of Industry Ministry Of Trafoc&Transport Ministry Of Sience&Technology Ministry Of Foreign Affairs Ministry Of Agriculture And Rural Development Ministry Of Finance Ministry Of Commerce Ministry Of Judiciary Ministry Of Construction Ministry Of Health UNDP Of Vietnam World Bank Of Vietnam Vietnamese Communist Party Vietnamese Fatherland Front National Assembly

News from Cambodia       Corn plant to begin exporting by year's end (13/09/2009-02:31:00 PM) HLH Agriculture Cambodia Co Ltd, a Singaporean-owned company that this year invested US$15 million in a corn-processing factory in Kampong Speu province, told the Post Thursday it would begin exporting by the end of the year. Rort Veasna, purchasing officer at HLH, said his company would export about 300 tonnes of processed red corn to Singapore in November. "It is our first phase of exports to foreign markets," he said, adding that the corn would be sold at $200 a tonne. HLH has recently produced 800 tonnes of corn on its 450-hectare farm in Omlaing commune in Thpong district, Kampong Speu, he said, adding that it purchased an additional 1,000 tonnes from local companies and farmers. An additional 10,000 hectares are being planted in nearby Oral district, he added. Rort Veasna said that demand from the region had reached 50,000 tonnes for the last quarter of this year, but that HLH had so far not been able to keep up with demand. "We have not had sufficient capacity for this huge amount because my business plan has only just been completed and some of our crop was sold on the domestic market," he said, adding that HLH had completed sales to CP Group and SCF Company to produce pet food. Overall, the company has invested $30 million, he said, and plans to spend more - current capacity is 300 tonnes a day with two Chinese-made corn-drying machines and five planting machines. "Although we cannot currently meet market demand, we will keep trying to purchase domestically and from overseas to enlarge and improve our plantation for exporting not only to Asia, but also European markets," said Rort Veasna. Cambodia last year exported more than half a million tonnes of red corn within the region, said Mao Thora, secretary of state at the Ministry of Commerce. Last year Cambodia planted 141,264 hectares of corn, according to official figures, and the Kingdom produced 561,584 tonnes in 2008. Government promotes exports "We welcome more foreign investors in the sector to export abroad," adding that Cambodian operations had consistently produced high-quality corn for overseas markets. The ministry would be ready to assist farmers in exporting the crop, said Mao Thora. "If a company wants to raise sufficient quantities for export, they should cooperate [with the ministry]," he said./. The Phompenh Post Send mail Print this news   Related news     Workers' ally urges US to cut garment tariffs (13/09/2009)

 

Any latest news regarding its top volumn and even break below 0.03?

 

wah...28 million sell down at 4.5cts.........heng ah ...still well supported........sure got more upside well supported.......looking at the buy Q...

 

can see the CR liao...hehehe....buy up still quite strong leh...out of my expectation.....though.....

 

Thank you for your good wishes.

 

keepnosecrets      ( Date: 26-Sep-2009 14:38) Posted: The problem is that it is not making money, and issuing of rights for loss companies should always be viewed with caution.  Furthermore, corn farming may have its own risk as an agriculture.  The happy occasions will be good harvests, but the sad ones will be when it has to face bad weather and poor crop yeilds. I hope I am not too careful, but this type of business depends much on the good old heavens above besides the good men running it.  Wish you well.

 

look like market is reacting well for its cash call.....price move up.....with high vol........look like worth putting more money in for it bussiness to grow....its 1right for 3 share  is a goood move...hehehe.......and the rights r at a goood discount too......1ct nia....... 

 

harvesting their own corn is only part of the bussiness....they brought in machinery from germany to process the corn...than sell in to other as animals feeds.......that means their are buying corns from others in the area...also a dam has been construct by the cambodia goverment..(read from other forum)...so their r eradicating so of the forseen issue.....however how this rite issue is going to affect the price we have to wait lor.....how market react......i agree with keepnosecret..that loss making compy...making cash call...usually is not well receive by share holders.....funny why the >>>SSH>>> shld keep all the small share holder inform of wat is happening over at cambodia...any way i m in for the rite issue....had been holding this for along time liao...this is the time for it to shine........gems are from stone been uncover tru polishing......HLH....has been tru many down.tru the yrs.....this the time for it to perform...for it perservence...............EVERY COW HAS ITS DAY.....hehehe.....cows are very hard working..hor.....

 

The problem is that it is not making money, and issuing of rights for loss companies should always be viewed with caution.  Furthermore, corn farming may have its own risk as an agriculture.  The happy occasions will be good harvests, but the sad ones will be when it has to face bad weather and poor crop yeilds. I hope I am not too careful, but this type of business depends much on the good old heavens above besides the good men running it. 

Wish you well.

 

I personally do not think HLH's rights issue will negatively impact the company's performance.  As the world's economy starts to crank, albeit slowly, most companies, be their blue chips or penny stocks' set-ups, would in one way or another, look to raising monies to fund their expansion.   There are numerous examples in Singapore.

I didnt watch CNA's screening , but as I know, they are big on corn cultivation in Cambodia.  And Cambodia is slowly opening up and with huge land bank available at quite reasonable cost, HLH is, in my personal view, in the right direction.

I have their shares and am holding them for the long haul.

 

keepnosecrets      ( Date: 25-Sep-2009 22:33) Posted: Aiyo.  Luckily sold off already.  Penny stocks asking for money in return for penny, not nice leh.  Double happiness did not re-enter when originally wanted to.  Thanks G for guidance.

 

Aiyo.  Luckily sold off already.  Penny stocks asking for money in return for penny, not nice leh.  Double happiness did not re-enter when originally wanted to.  Thanks G for guidance.

 

this one also issue right..........click..

 

ANYBODY  SAW THE VIDEO CLIP THIS EVENING ON CHANNEL NEW ASIA....FREE PUBLICITY........

 

today the video clip that me post was show in channel news asia again....with this screening HLH....will have more exposure.........hehe....huat ah......lai ah  lai  ah.....hong lai   haut ah.....

lawcheemeng      ( Date: 12-Sep-2009 15:40) Posted: video clip show the cornfeild begin harvest....wonder it the one farm by HLH.......at least a live video and picture of the factory in cambodia..and the heavy machinery......some big shld be here soon for this counter..........HONG LAI HAUT...ah..... lawcheemeng      ( Date: 12-Sep-2009 15:33) Posted: latest update from channelnews asia....click for video

 

video clip show the cornfeild begin harvest....wonder it the one farm by HLH.......at least a live video and picture of the factory in cambodia..and the heavy machinery......some big shld be here soon for this counter..........HONG LAI HAUT...ah.....

lawcheemeng      ( Date: 12-Sep-2009 15:33) Posted: latest update from channelnews asia....click for video

 

latest update from channelnews asia....click for video

 

THKS THAT NEWS READ AREDI...... THINK GOT SOME BETTER NEWS...... ME KEEPING THIS LOONG TIME ..... BREAK EVEN AT 6CTS LAH..... 

keepnosecrets      ( Date: 25-Aug-2009 15:53) Posted: According to the latest report, the company still losing money.  I just sold my shares today at a good price.  Bot 1.5 cents and sold 4 cents.  You can check the financial statement at SGX site by clicking the company code.

 

According to the latest report, the company still losing money.  I just sold my shares today at a good price.  Bot 1.5 cents and sold 4 cents.  You can check the financial statement at SGX site by clicking the company code.