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u congrats? Dunno how many people will be killed today....haha!
Wow, fantastic run. Congrats to all holders. God bless.
Liew Sen Keong Exe Chairman/CEO had responded to SGX as follows:
The Co had announced on 6 aug 2013 (the announcement), inter alia, (1) the proposed diversification of the Co's business into ppty development (Proposed Diversification) and (ii) the proposed fund raising exercise via the issuance of bonus warrants, piggyback warrants and exchangeable notes to raise approximately $41 million which are subject to shareholders' approval at a forthcoming extraordinary general meeting to be convened in due course in line with the Proposed Diversification and in the ordinary course of looking at opportunities to expand its construction business, the Co had since initiated discussions with third parties to be potential business partners in ppty development and/or construction projects (the Discussions). Such discussions are however preliminary in nature, still in the exploratory stage, and no definitive agreement has been arrived at for any specific transaction or project as at the date of this announcement, and there is no assurance that any definitive proposals or agreements will materialise from such discussions. The Co will make appropriate announcements in respect of such potential transactions or projects when there are material developments.
if the stock suddenly up... for sure there is a reason..
I hope is placement again..
if really is good news...tomorrow sure.. > 0.20
Octavia ( Date: 22-Aug-2013 14:12) Posted:
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SGX has issued a query regarding trading activities on CCM Group
Ki Seow high at 0.169. Congrats to those still holding it. God bless/
Wow, hit 52 week high at 0.158 today. I see more upside ahead. God bless.
The
Edge magazine published a write up on CCM Grp dated 19 aug 13. Gd vol and price action today. No horse run. God bless.
Chairman & CEO Liew Sen Keong & Directors Ambrose Chan Heng Fai & Teh Wing Kwan recorded the first insider buys since the stock was listed in Jul 2010 with a combined 410,000 shares purchased on aug 6 at an average of 10 cts.
Agree. High of 13.9 cts today. Great potential to be a multi bagger. Vested today. God bless.
CCM future bright star
On 3.6.13 CCM also placed out 44,000,000 placement shares at 0.092 to the following individuals/entity.
(1) Kaedjohare Ismail Chechatwala
(2) Asian Trust Investment Pte Ltd
(3) Pei Sim Kwee
(4) Peck Chuan Yong
(5) Ponnampalam Sivakumr
(6) Foo Sea Keng
(7) Patricia Lim Kai Chi
(8) Sim Siew Tin Carol
(9) Lim Yao Rong, Rachel
Further to add that SSH Chan Heng Fai Ambrose has executed a moratorium on 4 jun 2013 not to sell,transfer,assign,dispose of,realise or enter into any agreement that will directly or indirectly constitute or will be deemed as a disposal of any part of his shareholding interests for a period of 12 months.
CCM announced ytd proposing a two stage issue of wrts. In the first stage, it proposes bonus wrts on the basis of 10 wrts for every CCM shares held. Exercised at one ct each up to 3 yrs. 2nd stage, it proposes to issue one piggyback wrt for every bonus wrt exercised. A piggyback wrt holder will be entitled to subscribe for one new CCM share at 1.1 cts each. Congrats to all holders. God bless.
What happen to this counter? it raised a lot in a day!
local construction firm.??? how much can they be trust to earn.. ..
CCM Group announced a $3 million investment from Hengfai Strategic Investment (HSIPL), which is owned by Chan Heng Fai, Executive Director and Deputy Managing Director of SingHaiyi, making HSIPL the second-largest shareholder of the home-grown construction firm.
SGX-Catalist-listed CCM Group announced that Hengfai Strategic Investment has invested $3 million in new CCM shares to emerge as the second-largest shareholder of the home-grown construction specialist.
CCM, a Class-A main contractor which has built numerous residential, commercial and hotel buildings in Singapore, said it has placed out 35 million new shares at $0.086 per share to Hengfai Strategic Investment, a private investment holdings company controlled by Chan Heng Fai, who is the Executive Director and Deputy Managing Director of SingHaiyi.
The share price represents a discount of 4.4% to the volume weighted average price of CCM shares traded on the SGX between April 10 and April 12, when the placement agreement was signed. The net proceeds of 2.7 million will be used as working capital for the group.
Post-placement, Chan will hold 27.5% of the enlarged share capital base of 127.2 million shares, the second-largest after the combined deemed 42.8% held by Joseph Liew – the Executive Chairman and Chief Executive Officer of CCM – and his family.
Hengfai Strategic Investment will be granted two board seats in CCM following completion of the placement.
Listed on Catalist since 5 July 2010, CCM is also involved in addition and alteration works to, and refurbishment of, buildings as well as leasing and installation of equipment such as gondolas and mast climbing platforms for the building and marine industries.
Chan said: “I am honoured to participate in the growth of CCM, a company with tremendous potential and a strong management team, and to be invited to join the Board of Directors. I hope to be able to offer my experience and network and to work closely with Joseph and his team to build up CCM.”
Born in Hong Kong, Chan acquired substantial corporate and financial experience through ownership of a USA bank, American Pacific Bank, and later through investments and restructuring of numerous Chinese and Asian corporations.
SGX-Catalist-listed CCM Group announced that Hengfai Strategic Investment has invested $3 million in new CCM shares to emerge as the second-largest shareholder of the home-grown construction specialist.
CCM, a Class-A main contractor which has built numerous residential, commercial and hotel buildings in Singapore, said it has placed out 35 million new shares at $0.086 per share to Hengfai Strategic Investment, a private investment holdings company controlled by Chan Heng Fai, who is the Executive Director and Deputy Managing Director of SingHaiyi.
The share price represents a discount of 4.4% to the volume weighted average price of CCM shares traded on the SGX between April 10 and April 12, when the placement agreement was signed. The net proceeds of 2.7 million will be used as working capital for the group.
Post-placement, Chan will hold 27.5% of the enlarged share capital base of 127.2 million shares, the second-largest after the combined deemed 42.8% held by Joseph Liew – the Executive Chairman and Chief Executive Officer of CCM – and his family.
Hengfai Strategic Investment will be granted two board seats in CCM following completion of the placement.
Listed on Catalist since 5 July 2010, CCM is also involved in addition and alteration works to, and refurbishment of, buildings as well as leasing and installation of equipment such as gondolas and mast climbing platforms for the building and marine industries.
Chan said: “I am honoured to participate in the growth of CCM, a company with tremendous potential and a strong management team, and to be invited to join the Board of Directors. I hope to be able to offer my experience and network and to work closely with Joseph and his team to build up CCM.”
Born in Hong Kong, Chan acquired substantial corporate and financial experience through ownership of a USA bank, American Pacific Bank, and later through investments and restructuring of numerous Chinese and Asian corporations.
Danger counter..very few shareholders..loss making company due to poor justment of project they tender..expected more loss.....
bull trap!
timqoo ( Date: 02-Aug-2011 10:11) Posted:
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This one must give up since break strong support of 0.225. Lucky never enter. Never believe rumours, must refer to chart. 