FDS Netw   

FDS NETWORKS GROUP LTD

Bought at 2.5 cents and sold at 2.7 cents... Hit and Run... Don't even know what this Company is....Based on gut feel

 

Share price of 0.035 and special cash distribution  of 0.0226 cts per share. Record date 17.5.12 & Payment date 29.5.12. On 13.12.11, Co also made a cash distribution of 0.02 cts per share of its contributed surplus account to its shareholders. Within a span of 6 months, Co had made 2 cash distribution to its shareholders. Very interesting Co!!.

 

FDS Networks Group Ltd  announced that the company has entered into a subscription agreement on 31 March 2011 with each of Max Summer Limited and Asset Shanghai Limited pursuant to which these companies have agreed to subscribe for an aggregate of 100,000,000 new ordinary shares in the capital of the company, The company also announced that it has entered into convertible bond subscription agreement on 31 Mar 2011 with each of Fasten Success Limited and Vision Well Holdings Limited pursuant to which these companies have agreed to subscribe for redeemable zero coupon convertible bonds amounting in aggregate to a principal sum of S$3,600,000

 

 

/sgx

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FDS NETWORKS GROUP LTD.
(Incorporated in Bermuda) (Company Registration No. 27646)

The Board of Directors of FDS Networks Group Ltd. considers it necessary to give
shareholders guidance on the results for the half year ended June 30 2008.

In our full year 2007 announcement, we outlined an expected improvement performance
in 2008. However continuing delays of projects and revenue recognition together with
slowing business conditions have delayed this improvement. We therefore expect
losses to continue in the first half of 2008.

We will continue to update the market as and when deemed necessary.

Submitted by Keith Sean Brothers, Chief Executive Officer on July 9, 2008.