
Time for Oculus too ?
US$60 Billion ??!!
What's that in terms of ...... ?
Wow ..... great business potential .....
Today is the day for Oculus and Gloabl Aerial ?
Areate Ltd officials is featured over CNA news tonight...USD60billion carbon credit traded for the world this year,,s'pore has also set aside S$150milto fund research..1 carbon credit can be traded for USD35...wow Oculus got 50milworks out to be USD 1.5billion...when RTO is completed
Aretae Corporate Info:
Headquarters:
Singapore.
Registered Address:
50 Raffles Place, #37-00 Singapore Land Tower, S(048623).
Date of Incorporation:
8 August 1996.
Paid-up Capital:
$21 Million.
Directors:
David Leong, Dr. Low Chin Nam, and Tan Teik Chin.
Shareholders include:
Crimson Ventures, Keppel Group, Kerry Group, and Sirius Group.
Management Team:
CEO: Dr. Low Chin Nam.
Managing Director: Dr. Stephen Lee.
Founder & Chairman: David Leong.
CDM Manager: Dr. Yang Lei.
Headquarters:
Singapore.
Registered Address:
50 Raffles Place, #37-00 Singapore Land Tower, S(048623).
Date of Incorporation:
8 August 1996.
Paid-up Capital:
$21 Million.
Directors:
David Leong, Dr. Low Chin Nam, and Tan Teik Chin.
Shareholders include:
Crimson Ventures, Keppel Group, Kerry Group, and Sirius Group.
Management Team:
CEO: Dr. Low Chin Nam.
Managing Director: Dr. Stephen Lee.
Founder & Chairman: David Leong.
CDM Manager: Dr. Yang Lei.
sponsor-supervised board = SESDAQ
As per SGX Announcement:-
http://www.sgx.com/shareholder/documents/SGX2007SummaryReport.pdf :-
SESDAQ will be transformed to become a sponsor-supervised board.
http://info.sgx.com/webnewscentre.nsf/b9c790d0d5ba5d2548256dcf0049ce28/48256838002f07b14825736f0030f876?OpenDocument :-
Quote: |
Moving forward, SGX expects to launch the new sponsor-supervised board by end 2007 |
Oculus Announcement @SGX on 16 Oct 2007:-
Quote: |
The Board of Directors of Oculus Limited (the ?Company?) is pleased to announce that the Company has entered into a binding Heads of Agreement (?HOA?) dated 15 October 2007 with Aretae Pte Ltd (?Aretae?) and Mr. David Leong Chee Leng (?Mr. Leong?), Mr. Tan Teik Chin (?Mr. Tan?) and Mr. Lee Quee Soon (?Mr. Lee?) (the three of them to be collectively referred to as the ?Key Vendors? in this Announcement) in relation to a proposed acquisition by the Company of the entire issued and paid-up share capital of Aretae which will result in a reverse take-over of Aretae (the ?Proposed Acquisition?). The Proposed Acquisition will be subject to conditions as provided for in the HOA and the terms and conditions to be agreed and set out in the definitive agreements (the ?Definitive Agreements?) to be entered into between the relevant parties with respect to the matters contained in the HOA. In connection with the Proposed Acquisition, the Company will apply for a transfer to the proposed sponsor-supervised board (the ?New Board?) to be established by the Singapore Exchange Securities Trading Limited (?SGX-ST?), when the New Board becomes operational. |
Are U all talking about this?
ECOWISE, FIRST SINGAPORE REGISTERED COMPANY TO SIGN CARBON CREDIT SALE......
Singapore 5 November 2007 - Sesdaq-listed ecoWise Holdings Limited
(?ecoWise?), a Singapore-based integrated environmental solutions provider, today announced that its wholly-owned subsidiary, Bee Joo Industries Pte Ltd (?Bee Joo Industries?), has become the first Singapore registered company to successfully secure the sale of Certified Emission Reduction Certificates (or CERs, better known as Carbon Credits). Under an Emission Reductions Purchase Agreement (?ERPA?) facilitated by consultants KYOTOenergy Pte Ltd, Bee Joo Industries will sell to Kansai Electric Power Co Inc (?Kansai?), a leading electric power company in Japan, up to 95,000 CERs, equivalent to the reduction of 95,000 tonnes of carbon dioxide which would have been emitted into the atmosphere otherwise. The ERPA with Kansai will be for carbon credits generated from early 2008 until 31 Dec 2012............
see link for details....
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_9D26E11CDA1D74914825738A0033FC47/$file/Annt_FirstCarbonCreditSales_051107.pdf?openelement





Have you vested??
Oculus has 50million tradable carbon credits worth >S$1 billion from RTO of Areate
I think it's just a matter of time....
Ecowise right?
Aretae not mentioned in the papers leh...!
First Carbon trading is made... the 30 billion Dallor market has just started...
what is written in chinese here? can anyone kindly translate it for non-chinese?
Wow... Today is very bad. Should cut loss tomolo.
Wow the price is 0.255 ... will it go down further ? Is there still a supporting price for this counter or not ....
Pray also no use now.. My balls nearly drops....

My boss happened to hv SNF shares.
He showed me a circular this morning & asked what was it abt.
It appeared to be the existing BOD of SNF circulating to shareholders regarding the EGM for ousting the BOD...
I think This circular discredits Low & Global Ariel so as to influence shareholders to retain the existing BOD. It particularly mentioned about Oculus & Enzer...

praying...


Hmmm... Today should be a reversal in the bearish trend for Oculus. There a doji star form on 02 Nov. The gap down of the doji star may form a bullish island reversal pattern. But dunno how long can the uptrend go. Even RSI and williams% shows that it's oversold. Pray for up trend for this week.
iamalwaysin Joined: 13 Oct 2007 Posts: 173 |
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go_francis Joined: 17 Jul 2007 Posts: 1244 Location: 新加坡啦 |
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iamalwaysin Joined: 13 Oct 2007 Posts: 173 |
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iamalwaysin Joined: 13 Oct 2007 Posts: 173 |
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better not be like banjoo, fall to 0.14