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Seroja Investments Ltd (“the Company”) announced that Seroja-Zhushui Shipping Ltd, a company in which the Company has a 50% stake held through its fully owned subsidiary, Trellis Group Holdings Ltd, has entered into an agreement with Oversea-Chinese Banking Corporation Ltd (“OCBC”) on 5 January 2011 for OCBC to provide Seroja-Zhushui Shipping Ltd a 5-year term loan facility of up to an aggregate principal amount of US$56,340,000.
Break out ? support 0.345 ?
Seroja Investments Limited
announced that its subsidiary PT Pulau Seroja Jaya has entered into a Coal Barging Agreement with PT Adaro Indonesia on 18 November 2010. The Coal Barging Agreement was won by PT PSJ through a competitive bidding process where PT PSJ emerged as the bidding party which made the best offer. The Coal Barging Agreement is to transport coal from PT Adaro Indonesia , to various buyers located within the Indonesian archipelago. The Coal Barging Agreement is for a period of 7 years. PT PSJ estimates the contract value to be approximately US$150 million.
//PS
This counter always give you surprise , but only one day show....
worth a bet for this baby as it seems to be well supported at current 36cts level, buy b4 it is too late, this mth shld be the worse mth and it's over