SINGAPORE, July 2 (Reuters) - The value of Indonesian conglomerate Sinar Mas's planned backdoor listing of its coal assets in Singapore through a reverse takeover of United Fiber System Ltd has been raised to S$2.2 billion ($1.74 billion).
United Fiber said on Monday a unit of India's GMR Infrastructure Ltd will sell its 30 percent stake in Golden Energy Mines Tbk to the Singapore-listed firm in exchange for new United Fiber shares valued at S$693.9 million ($547.8 million).
United Fiber previously struck a S$1.5 billion agreement with Indonesian coal miner PT Dian Swastatika Sentosa Tbk (DSS) , to buy a 67 percent stake in Golden Energy in exchange for new United Fiber shares.
DSS and GMR will control about 65.2 percent and 29.2 percent of United Fiber after the deal, the Singapore firm said. ($1 = 1.2668 Singapore dollars) (Reporting by Charmian Kok Editing by Kevin Lim)

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2BFBF72AA53B3B9A48257A2E005DB7C5/$file/UFS_Announcement_RTO_07022012.pdf?openelement
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_15CCF7920C3D9FB448257A14003822BC/$file/UFS_Announcement_05062012.pdf?openelement
Browsed through PT GEMS website & annual report. This is a very, very impressive company. Definitely will be the next Wilmar once it is listed in SGX via Unifiber. 
United Fiber System is proposing a S$2.24bn acquisition of
96.9998% stake in PT Golden Energy Mines by issuing 3205m
new shares at the issue price of S$0.70 per consolidated UFS
Share. As a condition precedent to the proposed acquisition, the
company shall consolidate every 20 UFS Shares into one (1)
Consolidated UFS Share.
RELATED QUOTES
Symbol | Price | Change |
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Is the RTO story still on...? or is orchestrating a backdoor RTO (Returnig To Offerer)
As early as Jan 27, 2012...Unifiber. Formerly called Poh Lian Construction (Pte.) Ltd.
A year back, almost a dead fish, a year now - dead fish came alive.
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=2801& recordCount=20
Indonesia's Sinar Mas Grp is orchestrating a backdoor RTO (Returnig To Offerer)  listing of its Indonesian coal assets in Singapore through a $1.2 billion share-swap with a small forestry firm listed on the SG Exch Securities.
$1.2billion (big value)  meanwhile (Unifiber) it value United Fiber shares, valued at $76 million.
Today is last day to announ   RTO , right ?
Someone , please call to CEO to check ...
RTO any news.....................................
Weekly shooting star formed .
carsem ( Date: 24-Apr-2012 17:31) Posted:
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It did super charge up on Wednesday with huge volume of 419,533,000m, > 0.060 cts to hit  0.070cts.
http://www.sharejunction.com/sharejunction/listMessage.htm?topicId=10360& searchString=& msgbdName=UniFiber& topicTitle=games
UniFiber |
CPF | Op-0.060 | Cls-0.055 | -0.005cts | -8.3% | volume changed hands-63,812,000 |
teeth53 ( Date: 02-Mar-2012 21:11) Posted:
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Unifiber cheong....... Will break 0.06 tomorrow
break 0.058......tomolo .....


unifiber cheong ah!!!!!!!!!!!!!
break 0.580 will move all the way up year high....
unifiber is moving today......
another 100% return stock...
R'.'eturning T'.'o O'.'fferer. Let hope for d best...mah. Happi Trading.
I already ran away when it was high... I personally do not put much hope on this
Next goreng unifiber.
100% profit .
haha...
1 more minute ....
shortists and sellers filling up............... run for your LIFE!!!! :)
cheonging up ... 6cts possible????
its moving up.. hit it higher!