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1-14 of 14
Ya...i wait till neck long liao.
Hopefully the BBs will have viagra and erect this sleeping bird.
johnng ( Date: 20-Sep-2013 12:13) Posted:
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rising back $0.042
zzz. gone again.
hope this time can break 58. always hit this level then weakens.
BBs starting to play?
roller coaster up and down, now is on the way up!!!
big shareholder run alr. take care if you are still in it. i was stuck in this stock at 0.18 long time ago. managed to cut at 0.102 a few days ago.
cdodkny ( Date: 27-Mar-2013 16:03) Posted:
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Any advice on this counter. 2-300million volume for a few days up alot down also. Any stance on this
Sitra Holdings (International) Limited
announced that on 16 November 2010, Wood Doctor Holding Pte Ltd has issued a writ of summons numbered Suit No. 869/2010/F against the Company in the High Court of Singapore. Wood Doctor is seeking payment of $426,538.32, $391,610.25 and $133,159.66 for goods supplied and/or services provided to the Company under 3 contracts between Wood Doctor and the Company.
/PS
oic, u r luckiier, i ganna stuck at 0.205...sad!
qwertyuiop00 ( Date: 01-Apr-2010 22:08) Posted:
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holding it at 0.18, i think the recent results caused the share price to drop, since people were expecting it to swing back to profit, i guess might have to hold till the next quarter results before it can rally again to maybe 0.20-0.25
anyone holding this counter? can share? seem like this is a dead stock.
1
Sitra Holdings (International) Limited
17 Kaki Bukit Place
Eunos Techpark
Singapore 416195
Tel: (65) 6742 3223
Fax: (65) 6472 8233
www.sitraholdings.com
FOR IMMEDIATE RELEASE
SITRA AIMS TO BE INTERNATIONAL PROCUREMENT
CENTRE FOR LEADING UKRAINIAN DO-IT-YOURSELF
HYPERMARKET, EPICENTR K
Sitra enters into a Memorandum of Understanding with Epicentr K to
explore the setting up of a joint venture company in Singapore.
The proposed joint venture company, with initial paid-up capital of
USD 10 million to be contributed by both partners in equal
proportion, is to be called BMG Global Pte Ltd.
BMG Global will source and procure building materials from within
Asia for Epicentr K?s chain of hypermarkets in Ukraine and aims
eventually to participate in the development of hypermarkets with
Epicentr as well as property development in Ukraine
Singapore, [25] September 2007 - Sitra Holdings (International) Limited (?Sitra?
or the ?Group?) announced today that it has entered into a memorandum of
understanding (?MOU?) with Ukraine?s leading Do-It-Yourself (?DIY?) hypermarket,
Epicentr K (?EpiCentr?), for a proposed joint venture in Singapore. The joint
venture company, to be named BMG Global Pte Ltd (or ?BMG Global?), is
2
expected to have an initial paid-up capital of USD10 million to be contributed by
both partners in equal proportion.
Under the MOU, BMG Global will act as a sourcing agent and supplier to
Epicentr in Ukraine, in order to procure and supply a broad range of building
material products sourced from and within Asia. In addition, BMG Global will also
act as the sourcing arm for hypermarkets in Eastern and Central Europe for a
wide range of building materials ranging from hardware, sanitary ware,
decorative items and so on.
The Group?s Executive Chairman and CEO, Mr George Chew remarked: ?We are
pleased to enter into the MOU with EpiCentr and to build upon the solid
business relationship and confidence between both companies for the past
couple of years. As we?ve mentioned before, Sitra is constantly exploring
growth in emerging markets and this MOU gives us the opportunity to
engage deeper with our partner EpiCentr who has a strong and entrenched
foothold in the Ukrainian DIY Hypermarket space.?
The Group believes that the Eastern and Central European economy will
continue to develop at a rapid pace and rising consumer spending power will
provide impetus for the demand for building materials. In the long term, BMG
Global intends to explore the possibilities of participating in the development of
new EpiCentr hypermarkets as well as property development in Ukraine.
Commenting on the positioning of the new joint venture company, Mr Chew
added: ?As a sign of confidence in Singapore, BMG Global will leverage on
Singapore?s unique position as an international procurement hub for the
Asia Pacific region with excellent logistics infrastructure.?
?The proposed formation of BMG Global Pte Ltd will also signal the start of
a new phase in Sitra?s growth as we look to adding substantial value to our
3
shareholders in the mid- to long-term horizon. In the coming weeks and
months, we will be bringing more news and updates to our shareholders
regarding the development of this MOU.? concluded Mr Chew.
- End -
Note: This media release should be read in conjunction with the announcement entitled
?Proposed Joint Venture with Epicentr K? released on the SGXnet today by Sitra Holdings
(International) Limited
Jointly issued on behalf of Sitra Holdings (International) Limited by
Cogent Communications Pte Ltd
Tel: (65) 6323-1060, Fax: (65) 6222-1210
Ms Celine Ooi, celine@cogentcomms.com (DID: 6323 1193)
Mr Roger Poh, roger@cogentcomms.com (DID: 6323 3178)
About Epicentr K
Epicentr K is Ukraine?s largest building material and furnishing hypermarket chain
carrying over 150,000 different products from all over the world. First opened in Kiev in
2003, with a total floor area of 17,000 sqm and a staff strength of 600 staff, the
hypermarket chain grew rapidly from one store to ten stores with an existing staff
strength of 5,000 staff over a period of three and a half years and it aims to grow to 50
stores by 2012. Their market presence expanded beyond Kiev into other cities such as
Poltava, Odesa, Kharkov, Lvov, Frankosk, Chernovci etc. To date, Epicentr occupies
over 260,000 sqm of retail space with an average visitor rate of 10,000 to 20,000
persons per day per store across Ukraine.
About Sitra Holdings (International) Limited
Sitra Holdings (International) Limited (?Sitra? or the ?Group?) is a leading brand-centric
distributor of high quality wood-based and lifestyle furniture carrying its proprietary
brands.
The Group?s products can be categorised into the two groups, namely (i) high-value
wood-based products such as decking, flooring, fencing, door and door components,
window and window components and other moulded products; and (ii) premium lifestyle
4
furniture such as outdoor garden furniture, DIY (or ?Do-It-Yourself?) fencing systems,
garden accessories, indoor furniture and contract furnishings.
Sitra was awarded one of the Enterprise 50 Awards for three consecutive years in 2004
2005 and 2006. In March 2006, the Group was awarded the RHQ (Regional
Headquarters) Award by the Economics Development Board and SPRING Singapore.
Since 1979, the Group has adopted a two-pronged strategy of differentiation, namely
creating its own product brands and developing its in-house design capabilities. These
strategies have helped the Group evolve from a commodity trader of timber to become a
leading brand-centric distributor of high quality wood-based products and premium
lifestyle furniture carrying its proprietary brands.
The Group currently serves a network of 280 corporate customers in 50 countries from
North America, Europe, Australasia and Asia Pacific.
Sitra Holdings (International) Limited
17 Kaki Bukit Place
Eunos Techpark
Singapore 416195
Tel: (65) 6742 3223
Fax: (65) 6472 8233
www.sitraholdings.com
FOR IMMEDIATE RELEASE
SITRA AIMS TO BE INTERNATIONAL PROCUREMENT
CENTRE FOR LEADING UKRAINIAN DO-IT-YOURSELF
HYPERMARKET, EPICENTR K
Sitra enters into a Memorandum of Understanding with Epicentr K to
explore the setting up of a joint venture company in Singapore.
The proposed joint venture company, with initial paid-up capital of
USD 10 million to be contributed by both partners in equal
proportion, is to be called BMG Global Pte Ltd.
BMG Global will source and procure building materials from within
Asia for Epicentr K?s chain of hypermarkets in Ukraine and aims
eventually to participate in the development of hypermarkets with
Epicentr as well as property development in Ukraine
Singapore, [25] September 2007 - Sitra Holdings (International) Limited (?Sitra?
or the ?Group?) announced today that it has entered into a memorandum of
understanding (?MOU?) with Ukraine?s leading Do-It-Yourself (?DIY?) hypermarket,
Epicentr K (?EpiCentr?), for a proposed joint venture in Singapore. The joint
venture company, to be named BMG Global Pte Ltd (or ?BMG Global?), is
2
expected to have an initial paid-up capital of USD10 million to be contributed by
both partners in equal proportion.
Under the MOU, BMG Global will act as a sourcing agent and supplier to
Epicentr in Ukraine, in order to procure and supply a broad range of building
material products sourced from and within Asia. In addition, BMG Global will also
act as the sourcing arm for hypermarkets in Eastern and Central Europe for a
wide range of building materials ranging from hardware, sanitary ware,
decorative items and so on.
The Group?s Executive Chairman and CEO, Mr George Chew remarked: ?We are
pleased to enter into the MOU with EpiCentr and to build upon the solid
business relationship and confidence between both companies for the past
couple of years. As we?ve mentioned before, Sitra is constantly exploring
growth in emerging markets and this MOU gives us the opportunity to
engage deeper with our partner EpiCentr who has a strong and entrenched
foothold in the Ukrainian DIY Hypermarket space.?
The Group believes that the Eastern and Central European economy will
continue to develop at a rapid pace and rising consumer spending power will
provide impetus for the demand for building materials. In the long term, BMG
Global intends to explore the possibilities of participating in the development of
new EpiCentr hypermarkets as well as property development in Ukraine.
Commenting on the positioning of the new joint venture company, Mr Chew
added: ?As a sign of confidence in Singapore, BMG Global will leverage on
Singapore?s unique position as an international procurement hub for the
Asia Pacific region with excellent logistics infrastructure.?
?The proposed formation of BMG Global Pte Ltd will also signal the start of
a new phase in Sitra?s growth as we look to adding substantial value to our
3
shareholders in the mid- to long-term horizon. In the coming weeks and
months, we will be bringing more news and updates to our shareholders
regarding the development of this MOU.? concluded Mr Chew.
- End -
Note: This media release should be read in conjunction with the announcement entitled
?Proposed Joint Venture with Epicentr K? released on the SGXnet today by Sitra Holdings
(International) Limited
Jointly issued on behalf of Sitra Holdings (International) Limited by
Cogent Communications Pte Ltd
Tel: (65) 6323-1060, Fax: (65) 6222-1210
Ms Celine Ooi, celine@cogentcomms.com (DID: 6323 1193)
Mr Roger Poh, roger@cogentcomms.com (DID: 6323 3178)
About Epicentr K
Epicentr K is Ukraine?s largest building material and furnishing hypermarket chain
carrying over 150,000 different products from all over the world. First opened in Kiev in
2003, with a total floor area of 17,000 sqm and a staff strength of 600 staff, the
hypermarket chain grew rapidly from one store to ten stores with an existing staff
strength of 5,000 staff over a period of three and a half years and it aims to grow to 50
stores by 2012. Their market presence expanded beyond Kiev into other cities such as
Poltava, Odesa, Kharkov, Lvov, Frankosk, Chernovci etc. To date, Epicentr occupies
over 260,000 sqm of retail space with an average visitor rate of 10,000 to 20,000
persons per day per store across Ukraine.
About Sitra Holdings (International) Limited
Sitra Holdings (International) Limited (?Sitra? or the ?Group?) is a leading brand-centric
distributor of high quality wood-based and lifestyle furniture carrying its proprietary
brands.
The Group?s products can be categorised into the two groups, namely (i) high-value
wood-based products such as decking, flooring, fencing, door and door components,
window and window components and other moulded products; and (ii) premium lifestyle
4
furniture such as outdoor garden furniture, DIY (or ?Do-It-Yourself?) fencing systems,
garden accessories, indoor furniture and contract furnishings.
Sitra was awarded one of the Enterprise 50 Awards for three consecutive years in 2004
2005 and 2006. In March 2006, the Group was awarded the RHQ (Regional
Headquarters) Award by the Economics Development Board and SPRING Singapore.
Since 1979, the Group has adopted a two-pronged strategy of differentiation, namely
creating its own product brands and developing its in-house design capabilities. These
strategies have helped the Group evolve from a commodity trader of timber to become a
leading brand-centric distributor of high quality wood-based products and premium
lifestyle furniture carrying its proprietary brands.
The Group currently serves a network of 280 corporate customers in 50 countries from
North America, Europe, Australasia and Asia Pacific.