China Gaoxian   

ChinaGaoxian

UPDATE ON POLICE REPORT
References are made to the Coy?s announcements dated 23 Aug 2013 and 12 Sept 2013.

Further to the Coy?s announcement on 12 September 2013, the Company has forwarded to the Commercial Affairs Department of the Singapore Police Force (?CAD?) the relevant documents that it has, as well as urged Mr Cao Xiangbin (?Mr Cao?) to attend the meeting
requested by CAD in Singapore scheduled for today.

However, Mr Cao informed the Coy that due to his health condition and work commitments, he would not be able to travel to Singapore for the proposed meeting. The Coy has informed CAD of the same and CAD has further requested Mr Cao to meetthem on a rescheduled date. The Company will convey the further request to Mr Cao and alsourge him to cooperate with the CAD.

http://infopub.sgx.com/FileOpen/Updateof...eID=256684

 

New investors are paying about 3.5c (1st tranche), & 3.3c (2nd tranche)

1st tranche: 235m new shares @ 10c + 440m old shares transfer from ex-owner to new investors at nomimal $1 value = 3.5c /share

2nd tranche: 35m new shares @ 10c + 70m old shares from ex-owner at total of $1 = 3.3c / share

free warrant exercise price at 10c/share.

NAV = 9.67c/share (after 1st tranche) & 9.78c/share (after 2nd). All inclusive of new factory etc.etc.

For retailers thinking of buying, use above as guide price, note especially new investors pay ONLY 3.5c per share.

Good luck. Not vested.

 

 

 

 

It's factory tot inv is 1.84 billion rmb, this is no small fry

teeth53      ( Date: 17-Sep-2013 22:28) Posted: Don know they will start low and end high?, or start high end low? or start high end higher?, or start low end low? or start go n down, up n down. Be prepare for the roller coaster ride...Happi for some LOL.

 

Don know they will start low and end high?, or

start high end low? or start high end higher?, or

start low end low? or start go n down, up n down.

Be prepare for the roller coaster ride...Happi for some LOL.

 

 

Thot BBs bot 500m shr@3cents.

 

Wow, go and see photos of gaoxian new factory. Super duper impressive. We need a cheerleader here

 

So...anyone buying the warrants? 

 

http://infopub.sgx.com/FileOpen/ChinaGaoxian_RequestforRTPandMaterialUpdates_17Sep2013.ashx?App=Announcement& FileID=256559

Resume trading tml....wish CGX players huat huat...arhh.

 

resumption is good news but they come out another bad new today

 

http://infopub.sgx.com/FileOpen/ChinaGaoxian_RequestforRTPandMaterialUpdates_17Sep2013.ashx?App=Announcement&FileID=256559 A. RESUMPTION OF TRADING B. COMPLETION DATE FOR INVESTMENT ANDWARANTS ISSUANCE C. REVISED EXPECTED COMPLETION DATES FOR NEW PRODUCTION FACILITIES AND OFFICE PROPERTY References are made to the nnouncement dated 23 August 2013 and 30 August 2013. Terms not otherwise defined herein shall have the same meanings as ascribed to them in the aforesaid announcements. A. RESUMPTION OF TRADING The Company would like to inform Shareholders that it has requested for the Resumption of Trading of its Shares on SGX-ST with effect from 9.00am (Singapore time) on 18 September 2013. B. COMPLETION DATE FOR INVESTMENT ANDWARANTS ISSUANCE Following the Resumption of Trading, the Company has scheduled to complete the First Tranche Transactions also on 18 September 2013. Upon the completion of the First Tranche Transactions, all Shareholders (including the Investor) will be issued theWarrants as announced previously and trading of theWarrants on SGX-ST will commence on 20 September 2013. C. REVISED EXPECTED COMPLETION DATES FOR NEW PRODUCTION FACILITIES AND OFFICE PROPERTY Subject to (A) and (B) above taking place, the expected dates for the commencement of production of the New Production Facilities and completion of Office Property have been revised to first quarter of 2014 and fourth quarter of 2013, respectively.

 

Trading count down to the day...CGX. Coming Wednesday - right. Wish concern players huat arhh n have a enjoyable  Sunday.

teeth53      ( Date: 01-Sep-2013 10:47) Posted: Maybe, just a wild wild  guess...Q-ing?. 10,000 lots@0.019c by adding a zero in front of nineteen. Was wonder?, is Unlikely to trade off on opening at one cent. Last stop trading@0.19c. (suspended) eurekaw      ( Date: 31-Aug-2013 16:05) Posted: Hmm...finally a good chance for those who got stuck to change hands, at leasts not zero value now.

 

Oh..Thanks stan. Then I'll definitely not buy it. 

stan19      ( Date: 02-Sep-2013 16:20) Posted: one per two ordinary shares. but u need to pay 0.10 per warrant to exercise it inorder to convert into share. dun think u can sell it in warrant form... so its not free... if it share drop below 0.10 warrant is not worth anything actually. james87      ( Date: 02-Sep-2013 13:23) Posted: Thanks rabbitfoot. I remember reading somewhere mentioning every 1 share is to a certain number of warrant but forgotten the exact number..care to tell me that as well :)

 

one per two ordinary shares. but u need to pay 0.10 per warrant to exercise it inorder to convert into share. dun think u can sell it in warrant form... so its not free... if it share drop below 0.10 warrant is not worth anything actually.

james87      ( Date: 02-Sep-2013 13:23) Posted: Thanks rabbitfoot. I remember reading somewhere mentioning every 1 share is to a certain number of warrant but forgotten the exact number..care to tell me that as well :)    rabbitfoot      ( Date: 02-Sep-2013 13:03) Posted: Yes, warrant is 0.10

 

Thanks rabbitfoot. I remember reading somewhere mentioning every 1 share is to a certain number of warrant but forgotten the exact number..care to tell me that as well :) 

 

rabbitfoot      ( Date: 02-Sep-2013 13:03) Posted: Yes, warrant is 0.10 james87      ( Date: 02-Sep-2013 12:15) Posted: How to sell the warrants ar? Just sell it like ordinary shares in open market?

 

Yes, warrant is 0.10

james87      ( Date: 02-Sep-2013 12:15) Posted: How to sell the warrants ar? Just sell it like ordinary shares in open market?

 

How to sell the warrants ar? Just sell it like ordinary shares in open market? 

 

 

great news! finally can take some money back.

but sorry. just want to ask. what you mean by they giving free warrants? sorry. newbie here.

 

Resumes trading on 18 sept and giving free warrants. Huat la!!!

 

Maybe, just a wild wild  guess...Q-ing?. 10,000 lots@0.019c by adding a zero in front of nineteen.

Was wonder?, is Unlikely to trade off on opening at one cent. Last stop trading@0.19c. (suspended)

eurekaw      ( Date: 31-Aug-2013 16:05) Posted: Hmm...finally a good chance for those who got stuck to change hands, at leasts not zero value now.

 

Hmm...finally a good chance for those who got stuck to change hands, at leasts not zero value now.