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Why does the volume traded so low today?
ysh2006 ( Date: 08-Mar-2013 09:58) Posted:
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That is only part of my contra trading portion, I cut loss. I am keen on further accumulation and huge contra trading again when the time is approproated.
ysh2006 ( Date: 08-Mar-2013 09:58) Posted:
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Mr Hulumas
When you run away yesterday towards end trading?...
Maybe need to follow also....hope BB push it up one more time lah... no strength...
Hulumas ( Date: 07-Mar-2013 18:37) Posted:
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Today, I cut loss.
Hulumas ( Date: 27-Jan-2013 20:48) Posted:
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Suddenly awaken with huge volume, it is a good sign, I start buying again by Monday!
iPunter ( Date: 09-Jan-2013 10:12) Posted:
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PUBLISHED JANUARY 09, 2013
United Env takes 13.18% stake in Memstar for S$35m
BY ANGELA TENG
Mainboard-listed United Envirotech Ltd (UEL) on Wednesday proposed a S$35 million investment in Memstar Technology Ltd through the purchase of 350 million ordinary shares from Pan Shuhong and Dr Ge Hailin at S$0.10 per share.
The purchase will entitle UEL to own 13.18 per cent of Memstar.
In the statement, UEL said it will purchase 130 million shares amounting to S$13 million from Dr Ge and 220 million shares worth S$22 million from Ms Pan.
The investment will be satisfied in both cash and the issuance of UEL shares, said UEL.
PUBLISHED JANUARY 08, 2013
UEL gets further US$40m investment from KKR
BY CARINE LEE
UNITED Envirotech Limited (UEL) on Tuesday announced that New York-listed KKR is investing a further US$40 million in it.
KKR has inked a definitive agreement with the Singapore-listed water treatment and recycling solution provider in China to subscribe to 98.536 million of its shares at 50 cents apiece. This is an 8.5 per cent premium over its volume-weighted average price for the last 30 trading days, at 46.1 cents per share.
The shares represent 11.04 per cent of the enlarged issued share capital of UEL.
UEL plans to use the proceeds to fund the acquisition of water-treatment plants, the upgrading of existing plants and the company's working capital.
Today, this one " pengsan" after halting ... not a good sign... 
francisd ( Date: 09-Jan-2013 09:12) Posted:
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UNITED ENVIROTECH LTD
09-Jan-2013 07:31:45
PROPOSED ACQUISITION OF SHARES IN THE CAPITAL OF MEMSTAR TECHNOLOGY LTD.
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/EBE1393A50FF5A4E48257AED0039AF31?opendocument
THE PROPOSED ACQUISITION OF:
- 130,000,000 ORDINARY SHARES IN THE CAPITAL OF, AND AMOUNTING TO APPROXIMATELY 4.89% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF MEMSTAR TECHNOLOGY LTD. (“MTL”) FROM DR. GE HAILIN
AND
- 220,000,000 ORDINARY SHARES IN THE CAPITAL OF, AND AMOUNTING TO APPROXIMATELY 8.28% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF MTL FROM MS. PAN SHUHONG
3.1 Details of the Purchase Consideration
The aggregate consideration for:
(a) the purchase of the GHL Stake from GHL will be S$13 million (the “GHL Aggregate Consideration”), of which S$12 million will be satisfied in cash and the balance S$1 million will be satisfied by the allotment and issuance by the Company to GHL of 2,000,000 new ordinary shares in the capital of the Company (the “GHL Consideration Shares”) via 2 payment tranches and
(b) the purchase of the PSH Stake from PSH will be S$22 million (“PSH Aggregate Consideration”), of which S$14 million will be satisfied in cash aand the balance S$8 million will be satisfied by the allotment and issuance by the Company to PSH of 16,000,000 new ordinary shares in the capital of the Company (the “PSH Consideration Shares”) via 2 payment tranches.
The issue price for both the GHL Consideration Shares and the PSH Consideration Shares (collectively the “Consideration Shares”) shall be S$0.50 (the “Issue Price”). In anticipation of the signing of the Sale and Purchase Agreements, the Company requested for a trading halt from commencement of trading on 8 January 2013.Each Consideration Share will be issued at the Issue Price of S$0.50, which represents a discount of approximately 2.72% to the weighted average trading price of the shares in the capital of the Company (the “Shares”) of S$0.514 on SGX-ST on 7 January 2013.
The Issue Price for each Consideration Share (i) is not priced at more than 10.0% discount to the weighted average price for trades done on SGX-ST for the full market day preceding the day on which the Sale and Purchase Agreements are signed, being 7 January 2013, (ii) represents a premium of 8.46% to S$0.461, being the average closing price for trade done on the SGX-ST for the 30 trading days prior to 8 January 2013, and
(iii) was arrived at after negotiations between the Company and the Vendors on a willing buyer and willing-seller basis.
KKR & Co LP has agreed to make a US$40 million ($49.13) follow-on investment in China-focused water treatment and recycling company United Envirotech through a share purchase, the companies said in a statement on Tuesday. United Envirotech also plans to invest $35 million in Memstar Technology Ltd, another water treatment firm, through a share purchase from Memstar's chairman and chief executive officer.
(1) PROPOSED S$35 MILLION INVESTMENT IN MEMSTAR TECHNOLOGY LTD. BY UNITED ENVIROTECH LTD., A SINGAPORE MAINBOARD-LISTED AND A LEADING MEMBRANE-BASED WATER SOLUTION PROVIDER (2) THE PROPOSED INVESTMENT WILL BE BY WAY OF PURCHASE OF AN AGGREGRATE OF 350,000,000 SHARES AT S$0.10 PER SHARE FROM MS PAN SHUHONG AND DR GE HAILIN, REPRESENTING APPROXIMATELY 13.18% OF THE EXISTING ISSUED AND PAID-UP CAPITAL OF MEMSTAR TECHNOLOGY LTD.
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/464CC4C9B396618A48257AED00366FAE?opendocument
(1) PROPOSED S$35 MILLION INVESTMENT IN MEMSTAR TECHNOLOGY LTD. BY UNITED ENVIROTECH LTD., A SINGAPORE MAINBOARD-LISTED AND A LEADING MEMBRANE-BASED WATER SOLUTION PROVIDER (2) THE PROPOSED INVESTMENT WILL BE BY WAY OF PURCHASE OF AN AGGREGRATE OF 350,000,000 SHARES AT S$0.10 PER SHARE FROM MS PAN SHUHONG AND DR GE HAILIN, REPRESENTING APPROXIMATELY 13.18% OF THE EXISTING ISSUED AND PAID-UP CAPITAL OF MEMSTAR TECHNOLOGY LTD.
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/464CC4C9B396618A48257AED00366FAE?opendocument
Upcoming water play counter BIG POTENTIAL.
Cheers.
Memstar coming back??
Today may be some profit taking and on some Kevin Scully talk on NEXTINSIGHT about the potential upside on this stock.
The NAV is around .12cents.
Cheers.
RachelG ( Date: 03-Aug-2011 12:49) Posted:
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I think the woman CEO looks genuine and sincere. No hanky panky with accounts, I am sure
MEMSTAR: S-chip or Singapore brand?
Eastgate looks like it is going to follow hankore , addtech and memstar foot steps
I accumulated 900 lots last few days and i bought from 0.057 to 0.06 at the start of the bell for 100 lots. But sold all 1000 lots off already.
WOW, I think your r right. Something really smells sweet. WAIT for 8c man.
RachelG ( Date: 02-Aug-2011 19:11) Posted:
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This stk is a GEM in the making. Today might close slightly lower, don't panic. Hold on to your horses. You will be rewarded.
RachelG ( Date: 02-Aug-2011 19:11) Posted:
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Surely more upside to come. Smelling the dividend at the final financial report. Think can hit to 0.08
These volumes look like there may be be a possible takeover. Keeping my fingers crossed.
Cheers.