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1-19 of 19
what good news can it be?
wah another 20 million taken up in 1 sec....he...he up to something.......report coming out sooon......
top vol for almost everyday for the last 10 days liao wats up............23 million gone in a few secs..........hehe.........
Anyone still holding on to this counter?
From my understanding, this Company has up to June to get itself out of the SGX-Watchlist.
Anyone care to enlighten on the prospect of this Company?
Ur attention is realized. Vol came in 3rd after MDR- 119,437,000 and HLH - 75,958,000...Happi trading.
| NexGenSCom^ | CPF | Op-0.018 | Cls-0.017 | -0.001c | -5.6% | vol-55,343,000 |
No one seems to be interested in this counter (previously 'Joojoo')...
Just wondering did anybody went in before trading halt?
sorry see wrong.. my bad..
belgeran ( Date: 10-Oct-2011 21:22) Posted:
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its not the same company..
600,000 shares for $S11.3 mil translates to nearly $18 per share when the market is trading at $0.01.. it would be a folly.
http://www.nxg-c.com/home.aspx this is the company they're investing.. likely.
TeleChoice to buy NxGen for S$11.3m
http://www.businesstimes.com.sg/sub/latest/story/0,4574,459811,00.html?
i think they have successfully transform their business venture & model, comparing to their textile business. No long those no prospect business anymore. They have recently also acquired a company in China to tap on China govt 5 yrs projects (high entry barrier) to develop their education system. Think they will make good $$ in time to come. True, once they rally...really fierce.
u think can buy for short term ?? i've seen this counter rally before.. very fierce...
Sgshares ( Date: 09-Sep-2011 11:56) Posted:
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Think they have been out from the textile business completely and profiting from their new venture in indo and china. Big business.
JUNWEI9756 ( Date: 09-Sep-2011 11:37) Posted:
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i got a feeling this counter will rally big time once STI confirms its bullish rally..
anybody vested ??
Neutral perhaps!
kc0257 ( Date: 01-Jul-2011 22:27) Posted:
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Hi Pros/Bros
Is this good news?
" The Board is pleased to announce that the Acquisition was completed today and the consideration of S$52.13 million has been fulfilled by (i) the issue and allotment of 300 million new ordinary shares in the capital of the Company (“New Shares”) to the Vendors at an issue price of S$0.06 per New Share"
Is this just to say they acquire something and they re expanding?
Ty.
The Board of Directors (the “Board”) of Next-Generation Satellite Communications Limited (the
" Company" ) refers to the announcements made by the Company on 31 March 2011, 3 May 2011, 3
June 2011 and 1 July 2011 in relation to the proposed acquisition of the entire issued share capital of
China Unifiednet Holdings Limited (the “Acquisition”) under the terms of a conditional share purchase
agreement dated 31 March 2011 entered into between Kingo Grace Limited (the “Vendor”) and the
Company (the “Agreement”).
The Board is pleased to announce that the Acquisition was completed today and the consideration of
S$52.13 million has been fulfilled by (i) the issue and allotment of 300 million new ordinary shares in
the capital of the Company (“New Shares”) to the Vendors at an issue price of S$0.06 per New Share
and (ii) S$34.13 million in cash. Following the completion of the Acquisition, China Unifiednet Holdings
Limited has become a wholly owned subsidiary of the Company.
None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in
the Acquisition.
NexGenSCom^ (B07)-- time to go all the way up.................
The Board of Directors (the “Board”) of Next-Generation Satellite Communications Limited (the
" Company" ) refers to the announcements made by the Company on 31 March 2011, 3 May 2011 and
3 June 2011 in relation to the proposed acquisition of the entire issued share capital of China
Unifiednet Holdings Limited (the “Acquisition”) under the terms of a conditional share purchase
agreement dated 31 March 2011 entered into between Kingo Grace Limited (the “Vendor”) and the
Company (the “Agreement”).
The Board is pleased to announce that it has received in-principal approval from the Singapore
Exchange Securities Trading Limited (“SGX-ST”) on 30 June 2011 for the listing and quotation of 300
million new shares in the capital of the Company (the “New Shares”) to be issued at an issue price of
S$0.06 per New Share, which are to be issued to the Vendor as part of the consideration under the
Agreement, subject to compliance with the SGX-ST’s listing requirements.
The New Shares will rank pari passu in all respects with the Company’s existing issued and paid-up
ordinary shares. The New Shares will constitute 4.7% of the enlarged issued share capital of the
Company (excluding treasury shares).
The SGX-ST's in-principle approval is not to be taken as an indication of the merits of the Acquisition,
the New Shares, the Company and/or its subsidiaries.
The Board also wishes to announce that all the conditions precedent set out in the Agreement have
been fulfilled or waived in accordance with the Agreement as at 30 June 2011 and completion of the
Acquisition is scheduled to take place on 1 July 2011. PrimePartners Corporate Finance Pte. Ltd. was
appointed by the Company to assist the Company as the coordinator in respect of the legal and
financial due diligence exercise with regards to the Acquisition.
A separate announcement will be made upon completion of the Agreement.
after name change and change of biz price keep dropping. what happen or any bad news?
when is the results coming out?