
looks interesting
 
Paying dividend of 0.94c per share.
Even though delisted, paying 0.94c per share for FY 2011. Better than many pennies. SGX should reinstate Rotol.
Still no news ?
Make profit of 3.9 million this yr compared to a loss of 4.1 mn last yr.
Don't understand may be delisted under rule 1314(1).
Rotol_PressRelease_FYE31March2010.pdf
MISCELLANEOUS :: CLARIFICATION ON ANNOUNCEMENT DATED 24 JUNE 2010 RE: APPLICATION FOR EXTENSION OF TIME TO SATISFY REQUIREMENTS FOR REMOVAL FROM WATCH-LIST UNDER RULE 1314(1) OF THE LISTING MANUAL
They are offering to buy at 6c per share, NAV is 5.75c. Let them have the bone.
Rotol's controlling shareholder may sell its stake |
Rotol Singapore says its controlling shareholder J.Bridge Corp is considering an offer for its entire 57.3 percent stake in the company. It says the discussions are still on-going and there is no certainty that an agreement will be reached. Rotol says it will make an appropriate announcement if any material developments arise. In the meantime, it advises shareholders to exercise caution when dealing in the company's shares. |