Does not sound good . Normally when good news , it will reopen after a day. By 3rd days , they need to lift their halt otherwise they have to go to suspend
finaly minority share holder get a small piece of cake from tis company.congra. to those holding Lion AP share holder.but this make me angry about 1 of my holding counter! I D T holding..this company cash eq. is HK$481mil. zero debt that mean HK$2.73 per share.$0.48. but every year they giving me penut.last 2 year.0.5cent and 1 cent only...but what can i do?
Agree. This counter is purely for trading, buy and sell fast, for those with the time and courage to do so. I believe the $0.15 one-off dividend caught everyone by surprise and was announced only after minority shareholders petitioned the company to share in the profits after the sale of Anhui Jianghuai Automobile Co. Ltd. This company obviously doesn't have its shareholders at heart when formulating policies. Didn't dare invest in it.
joshlai86 ( Date: 31-Mar-2010 22:16) Posted:
the dividend of 15 cents is a special dividend, one off. It is a return of cash flows to shareholders after the co. sold its stake in Anhui Jianghuai Automobile Co., Ltd. It is not paying dividends out of its operating profits. It is a joke to say that the company is doing well just because it is paying dividends.
viromics ( Date: 31-Mar-2010 22:02) Posted:
It can pay 15c divident, meaning the company is rich in cash and a good forecast for its future business.
the dividend of 15 cents is a special dividend, one off. It is a return of cash flows to shareholders after the co. sold its stake in Anhui Jianghuai Automobile Co., Ltd. It is not paying dividends out of its operating profits. It is a joke to say that the company is doing well just because it is paying dividends.
viromics ( Date: 31-Mar-2010 22:02) Posted:
It can pay 15c divident, meaning the company is rich in cash and a good forecast for its future business.
"DISCLAIMER:- This announcement was prepared and issued by the below mentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement."
Interim Dividend of 15.0 cents per ordinary share (tax-exempt one-tier) for the financial year ending 30 June 2010.
Record Date *
14-04-2010
Record Time *
17:00
Date Paid/Payable (if applicable)
26-04-2010
Footnotes
NOTICE IS HEREBY GIVEN THAT the Share Transfer Books and Register of Members of the Company will be closed on 15 April 2010, for the purpose of determining shareholders’ entitlements to the interim dividend of 15.0 cents per ordinary share (tax-exempt one-tier) (“Special Dividend”) for the financial year ending 30 June 2010.
Duly completed registrable transfers received by the Company’s Share Registrar, B.A.C.S. Private Limited at 63 Cantonment Road Singapore 089758, up to 5:00 p.m. on 14 April 2010 will be registered before entitlements to the Special Dividend are determined. Members whose Securities Accounts with The Central Depository (Pte) Limited are credited with shares at 5:00 p.m. on 14 April 2010 will be entitled to the Special Dividend.
The Special Dividend will be paid on 26 April 2010.
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viromics ( Date: 31-Mar-2010 12:40) Posted:
Just wonder how Trueview know it prior to SGX announcement.
Bought 100lots @0.46 using my all available cash, can you predict the Target Price.