Post Reply
1161-1180 of 1300
good news or bad news?
HANKORE ENVIRONMENT TECH GROUP LIMITED
(Incorporated in Bermuda)
(Company Registration No. 34074)
_____________________________________________________________________________
PROPOSED PLACEMENT (THE “PROPOSED PLACEMENT”) OF 293,617,000 ORDINARY
SHARES IN THE CAPITAL OF HANKORE ENVIRONMENT TECH GROUP LIMITED (THE
“COMPANY”)
_____________________________________________________________________________
The Board of Directors of the Company refers to the announcement dated 18 July 2013 (the
“Announcement”). Unless otherwise defined, all capitalised terms shall bear the same meanings
ascribed to them in the Announcement.
Further to the Announcement, the Board is pleased to announce that the Company has on 1
August 2013, received approval in-principle from the SGX-ST for the listing and quotation of up to
293,617,000 new ordinary shares in the capital of the Company on the Main Board of the SGXST (the “Approval In-Principle”).
The Approval In-Principle is subject to the following conditions:
(a) Compliance with the SGX-ST’s listing requirements
(b) Announcement of the breakdown of the use of net proceeds from the Placement
(c) Submission of:
(i) A written undertaking from the Company that it will comply with Rules 704(30)
and 1207(20) of the Listing Manual in relation to the use of the proceeds from the
proposed placement of shares and where proceeds are to be used for working
capital purposes, the Company will disclose a breakdown with specific details on
the use of proceeds for working capital in the Company's announcements on use
of proceeds and in the annual report
(ii) A written confirmation from the Company that it will comply with Rule 803 of the
Listing Manual and
(iii) A written confirmation from the Company that it will not issue the Placement
Shares to persons prohibited under Rule 812(1) of the Listing Manual.
Please note that the SGX-ST’s in-principle approval is not to be taken as an indication of the
merits of the Placement, the Placement Shares, the Company and/or its subsidiaries.
A separate announcement will be issued by the Company upon the allotment and issue of the
Placement Shares.
BY ORDER OF THE BOARD
Chen Dawei, David
Executive Chairman
1 August 2013
Exactly! I wonder how many shorted on this counter. Looks like tomorrow another round of shortist!
Not a bad news right??
isaacsgx ( Date: 01-Aug-2013 18:04) Posted:
|
NEWS RELEASE
Successful inaugural issuance by HanKore of S$50 million 7.50%
Fixed Rate Notes Due 2015 – off the newly established S$300 million
Multicurrency Medium Term Note Programme
Singapore, 2 August 2013
Hallelujah!! NOT a bad news, just issued 50m notes (bonds). Hope they use the $ fr right purposes eg. expansion of coy lah. Only afraid of rights issue or placement which will dilute the shares. Am still vested. Hope will go up again.
My chart expected it to go down...but then it shld b a pullback from a previous rise. Tomorrow will b a better day!
They need the money to buy up the notes!
Sgx website did not announce anything bad...what actually happen tat caused this fall?
Next resistance is 0.47! Loss $$!!
Ai Ya! Got conned into!
whats going on with this stock ah?
Fixed rate note news come out, dropped??
0.052,WHAT THE FUCK!
This one must be a shareholder one. No contra play.
?????????????????
Wat the hack...go back to square 1...
Going up another tick soon!
United Envirotech is racing to increase its stake in its other subsidiaries in China right after announcing its plan to acquire 100% Memstar. Looks like there is a race in china to expand !
More than 500 mil to move a tick...hmm.
spathway ( Date: 01-Aug-2013 09:38) Posted:
|