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Any good reason to short?
contraking ( Date: 28-Mar-2010 22:02) Posted:
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ldeal target : short la
Thank you for the information, though not really updated to at least year of 2009. I read it as take over target is possible by whiteknight someday!
iPunter ( Date: 24-Mar-2010 20:08) Posted:
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I think Textile business.
Hulumas ( Date: 24-Mar-2010 15:01) Posted:
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Is Banjoo running restaurant business?
wishbone ( Date: 24-Mar-2010 10:57) Posted:
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R U referring to the one at Bendemeer Road? At the 1 st Storey of the HDB flat?
niuyear ( Date: 24-Mar-2010 09:18) Posted:
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Will >Sgd. 0.105 be back again soon? If so I 'll start buying!
ykjuay ( Date: 23-Mar-2010 17:27) Posted:
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hehehe, i know there is restaurant call Ban Heng restrnt.
iPunter ( Date: 06-Jun-2007 20:34) Posted:
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Is the selected programmes merger viewing between Starhub and Singtel cable TV has any relation with this company ?? eg. provide and supply fibre cables ??
INCORPORATION OF A SUBSIDIARY COMPANY
The Board of Directors of Ban Joo & Company Limited ("the Company", and together with its
subsidiaries, the “Group”) is pleased to announce that it has incorporated a subsidiary company in Singapore, named Telemedia Pacific Communications Pte. Ltd. (“TPC”).
TPC has an initial issued and paid up capital of S$2 divided into 2 ordinary shares and will be principally engaged in telecommunications services.
The incorporation of TPC was funded internally and is not expected to have any material impact on the net tangible assets per share and earning per share of the Group for the current financial period ending 31 March 2010.
The Board of Directors of Ban Joo & Company Limited ("the Company", and together with its
subsidiaries, the “Group”) is pleased to announce that it has incorporated a subsidiary company in Singapore, named Telemedia Pacific Communications Pte. Ltd. (“TPC”).
TPC has an initial issued and paid up capital of S$2 divided into 2 ordinary shares and will be principally engaged in telecommunications services.
The incorporation of TPC was funded internally and is not expected to have any material impact on the net tangible assets per share and earning per share of the Group for the current financial period ending 31 March 2010.
The Definitive Agreement dated 10 December 2009 was entered into between (i) a consortiumcurrently comprising Network i2i Limited (a subsidiary of Bharti Airtel Limited), Google Infrastructure Bermuda Ltd., Globe Telecom Inc., KDDI Corporation, Reliance Globalcom (through FLAG Pacific Limited), Bermuda and TPI (the “Consortium”), and (ii) NEC Corporation(the “Supplier”).
Pursuant to the Definitive Agreement, the Consortium has engaged the Supplier to develop and construct the SJC which is contemplated to be a state-of-the-art, high capacity fibre optic network spanning more than 8,300 km linking Singapore to Japan, with initial branching units to Indonesia,the Philippines and Hong Kong.
SJC is targeted to be completed by the first quarter of 2012.
TPI will construct or otherwise procure the extended link from SJC to Indonesia, thereby forming the Telemedia Pacific Cable Network (“TPCN”) which will connect Indonesia to Singapore, Hong Kong and Japan. Under the Definitive Agreement, TPI will engage the Supplier to construct the extended link, which will provide the Consortium with the exclusive link to Indonesia.
On 10 December 2009, members of the Consortium had also entered into a construction and
maintenance agreement between and among themselves, which sets out the terms and
conditions upon which the SJC shall be provided, constructed, operated and maintained. The participation in the SJC by TPI will entitle it to a capacity of up to 1.6 Tbps on the fibre optic network.
None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in TPC.
By Order of the Board
Ban Joo & Company Limited
Hady Hartanto
Executive Deputy Chairman
23 March 2010
_________________
Believe something is brewing... the company has incorporated a subsidary for telecommunications....
ykjuay ( Date: 23-Mar-2010 17:27) Posted:
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Back in action ! Maybe a takeover target or venture into other business or clinched a contract ??? Any advise ???
Huh, a huge loss of the market value as it is non marginal share, I suppose. But why it is so? Is there any good reason for it?
wait2buy ( Date: 20-Jul-2007 16:06) Posted:
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Hi Happyday, U reckon is about time to move on to others ? Whats your take pse ?
Steady at $0.245-$0.25...... Most likely, will cheong later if BB started to accumulate this counter
Vested in, vested into future......investment, what ever px they R mfg-ing...into, their final takeover px is 40 cents..patience is virtue....
The technical picture is quite bullish, though...
Today's pull-back to the break-out point on low volume is highly encouraging...
as it conforms beautifully with good technical action...
Today's pull-back to the break-out point on low volume is highly encouraging...
as it conforms beautifully with good technical action...
Banjoo is legally bound to sell 145million shares at 2.5cts to the 2 new subscribers....a contract signed in 2006...minority shareholders can't do anything..SGX's delay in granting the approval for banjoo to place out the shares to these 2 persons....fat profits $30.45m(145m shares (23.5-2.5cts)....besides there is no mortoarium on the new 145m ...such large overhang...Banjoo how to reach 30cts
Mistaken Ban Leong for Ban Joo???