Asiatic    Last:0.003   -

Asiatic

Thk Qs, G.Ong

U hav been active recently in SJ, seem winning $:), as always. Sometimes player win n sometime loss,  do allow others to win too.

A portfolio balance can value itself for  one who  can manage cash built up  n balance to sum oneself yr to yr, year  in n year out. 

 

Great advice!
"Just balancing value n info on stk/shr trading interest in SJ. "

teeth53      ( Date: 09-Mar-2013 18:50) Posted: One may had form own  opinion, while many others may have of different view. Like one whom is willing to allocated S$3,250,000.oo million of dollars into Asiatic Group Holdings Ltd. (There's always next opportunities, market is as always available 24/7) There is many, too many  kind and type of players -- mainly pessimistic or other type optimistic, plus very greedy n greedy type.  Many try, many fail and yet many paid heavily to learn. Just balancing value n info on stk/shr trading interest in SJ.

 

One may had form own  opinion, while many others may have of different view.

Like one whom is willing to allocated S$3,250,000.oo million of dollars into Asiatic Group Holdings Ltd. (There's always next opportunities, market is as always available 24/7)

There is many, too many  kind and type of players -- mainly pessimistic or other type optimistic, plus very greedy n greedy type. 

Many try, many fail and yet many paid heavily to learn.

Just balancing value n info on stk/shr trading interest in SJ.

 

disappointed ..cnt even up a single cnts in this round penny play..

 

Aggregate cash consideration of S$3,250,000 for the Placement Shares, represent approximately 16.89% of the total number of issued Shares
as at the date of this announcement and approximately 14.45% of the enlarged total number of issued Shares following the issue of the Placement Shares.

Placee is a managing director of Tai Sin Electric Limited, a company listed on the Main Board of the SGX-ST.

 

http://taisin.listedcompany.com/misc/ar2012.pdf

http://taisin.listedcompany.com/

http://taisin.listedcompany.com/stock_fundamentals.html

http://taisin.listedcompany.com/directors.html

where else, none other then Bobby Lim n those who believe in it. MD of Tai Sin electric. BBs allocated S$3,170,000.00 to Asiatic. it board chairman is Prof Brian Lee.

  AGH-20120529-Ann-Settlement-Agreement.pdf (old News)


Asiatic Grp and PPSEZ have entered into a settlement agreement to resolve all ongoing disputes pertaining to the power plant project in the Phnom Penh Special Economic Zone.

In accordance with the terms of the Settlement Agreement:-

(i) PPSEZ shall withdraw 3 arbitration proceedings initiated against the Coy's subsidiaries, namely, Colben System P/L, Colben Energy Holdings (PPSEZ) Ltd and Colben Energy (Cambodia) PPSEZ Ltd (“CEZ”).

(ii) PPSEZ shall also withdraw all court proceedings commenced against the Coy and/or its affiliates whether in Cambodia or elsewhere and both PPSEZ and the Coy agree that we will refrain from commencing any further proceeding against the other in respect of the Disputes.

(iii) CEZ shall remain the exclusive supplier of all power requirements in the Zone for so long as CEZ continues operating in the Zone. In this regard, CEZ shall be supplying power directly to PPSEZ’s existing and future customers located in the Zone as well as for PPSEZ’s own consumption.

(iv) In settlement of the amt due from PPSEZ under the Power Purchase Agreement dated 10 June 2008, PPSEZ shall transfer to CEZ free of any encumbrances all of the existing transmission and distribution lines, and related equipment which are owned by PPSEZ in the Zone as well as all such easements, licenses, construction contracts and any other agreements necessary to construct such transmission and distribution lines, sub-stations and all related equipment relating to the distribution of power to existing and future customers in the Zone and the corresponding land.

The Board views entering into the Settlement Agreement as a positive (+ve)  development which enables
parties to move towards a long-term resolution.

teeth53 thot: Even though is not easy to operate in a familiar but volatile environment. Asiatic Grp is now in stronger position to grow, manage  it power program in PPSEZ (Cambodia). Like wise venturing into Myanmar. 

A step in right direction, business is brighter then B4, n almost forgotten - Vietnam, next stop - Myanmar?.

Will it venture further when condition is right. (Yes. I think so). Happi Trading.

teeth53      ( Date: 08-Jan-2013 21:19) Posted: Asiatic has great potential, who long had established a foot hold in Cambodia, PRC, Thai, M'sia, n a possibililty oso in Myanmar, a prospective stk, with china pumping in $11 billion dollars. Asiatic got great potential to cross new   business ground n it trading prices maybe take notice by more players over short to mid term. just sharing my thot n opinion.  teeth53      ( Date: 08-Jan-2013 11:19) Posted: A small step, A new beginning....Happi n wish players huat huat for this CNY

 

Corporate: Meet Bobby Lim

by Cindy Yeap of The Edge Singapore on Sunday, 28 November 2010 16:00

Bobby Lim Chye Huat, managing director of Mainboard-listed Tai Sin Electrical, says he can’t understand why the market puts so much stock on where he has been investing his money. On Oct 1, furniture maker Lorenzo International said it had placed out 33 million shares at 11 Singapore cents each to Lim and “other prominent investors”. Shares in Lorenzo immediately shot up on enormous volume. The euphoria soon spilled over to shares in a slew of companies that counted Lim as either a shareholder or director, including HLN Technologies and his own Tai Sin.

Yet, Lim tells The Edge Singapore in a recent interview that there is no reason for his appearance on a company’s shareholder register or board of directors to stir up such excitement. “I’m just a small investor, a simple man,” he says, adding that the amount of capital he has available for equity investments is “not even mini, but micro”.

So, why is he investing in small and obscure Singapore-listed companies instead of regional blue chips like Jardine Matheson, Cheung Kong Holdings or CapitaLand? Lim says his aim is not to just generate a return on his capital, but to also help small companies like his family business.

“[Big companies] have no problem getting funding anyway.” Lim also holds himself out as something of a patriot, investing in small businesses in Singapore to help them grow. “Singapore is a good place to do business,” he says, adding that his late father, Lim Kim Hai, arrived from China’s Fujian province in the 1940s “with little more than hopes and dreams” and managed to start a small electrical product repair store. Today, the family’s business, held under Tai Sin, books over S$200 million (RM477 million) turnover and close to S$10 million in earnings a year. “Singapore companies should be given a chance,” Lim says. “There are many companies in Singapore that [are] reasonably priced.”

Lorenzo said on Oct 26 that it would use the money it raised to part fund its expansion into contract manufacturing, interior fit-out and renovation services by taking a 49% stake in a newly-formed unit of privately-held Cheng Meng Furniture Co. When approached by brokers who were placing out the Lorenzo’s shares, Lim figured it was a good opportunity to buy a “small stake” in a company that will probably grow. “So many people are coming here to live, buying properties [and] HDB [flats]. And they need furniture. Simple theory, right?” Lim adds that he believes that Lorenzo is well managed and he isn’t about to interfere in any way. “I’m not an expert in their business. Let the professionals do their jobs,” he says “I only call my managers once a year: I learned that from Warren Buffett.”

Eclectic investments
Besides Lorenzo, Lim holds 1.2 million shares, or a 0.29% stake, in Global Palm Resources, which debuted earlier this year. That makes him the seventh-largest shareholder in the oil palm planter. Lim also participated in scrap metals trader and copper balls maker Advance SCT’s S$2.8 million placement to pare debt late last year, stock exchange filings show. He was also the largest buyer of the 30 million shares that data storage product manufacturer and supplier Swing Media Technology Group placed out in mid-2009 to raise S$1.7 million for working capital, separate filings show.

 

It will be good news if the placement price is higher than Brian Chang's share placement of 44 millions.

Hope the expansion story still intact..

 

Proposed placement of 50 million shares at $0.065 each to Bobby Lim Chye Huat (Managing Director of Tai Sin Electric Ltd)

 

Today is 3rd day and max trading halt is also 3 days by SGX rule. Will announce by tonight or weekend and lift trading on Monday.

 

Halted for 4th days liao...must be something good, something  great. (think so)

 

Likely to conclude the capital raising exercise for Phase 2 Vietnam hydroplant .

Traditionally, Asiatic will not halt trading if it is a new contract - it will announce after market close.

 

me waiting too

 

Asiatic halted. Something big brewing...:) this STK got big business in Cambodia, Mekong, M'sia n maybe exploring new business venture...?. Anyone got news..?

 

http://forum.channelnewsasia.com/showthread.php?411684-Lai-lai-...argh.-Pennies-play/page3

 

http://www.seletar.sg/chu-linh-coc-san.html.

Vietnam hydroplant

 

If Asiatic's corporate  strategy still the same as 5 yrs ago, they should be  focusing on Laos, Cambodia, Vietnam and Malaysia.    Myanmar and China are two logical  expansion locations  but it will be  good if Asiatic  has strong  footprint in Vietnam, Cambodia and Malayisa.      So far, Cambodia has revenue visibility.  Malaysia and Vietnam power plants will see revenue visibility next year.

It will be good if Asiatic can leverage on its power plants business to derive synergy growth for Fire Eqpt and Controlled Power Supply in these countries.

I believe it is a good business to invest -- trading will not see great returns.

Written by The Edge

Tuesday, 26 June 2012 20:57

Share this Digg Del.icio.us StumbleUpon Netscape Yahoo Technorati Googlize this Facebook Export PDF Print E-mail Asiatic Group (Holdings) said joint venture company Maju Intan Biomass Energy Sdn Bhd in Malaysia (MJE) has obtained financing facilities totalling RM 105 million ($42 million) from the Maybank Islamic Bank Berhad, Selangor. MJE was the JV company set up by Asiatic’s subsidiary Colben Energy Holdings (Maju Intan) and its local partners Tekun Positif (M) Sdn Bhd, Tan Guan Hua Sdn Bhd and Wealthy Entity Holdings Sdn Bhd for the 12.5MW Biomass Power Plant project in Teluk Intan, Perak. The financing obtained from Maybank consists of two Islamic banking facilities, a Commodity Murabahah Term Financing-I of RM100 million, and a Murabahah Overdraft/Cash Line of RM5 million. As part of the development of the project, MJE has since completed the detail design and engineering aspects and shall begin the site construction and erection activities towards a targeted completion in the end of 2013.

http://www.theedgesingapore.com/the-daily-edge/business/38227-asiatic-secures-financing-facilities-for-perak-biomass-power-plant.html

 

 

Since  u are vested on bigger scale, got opportunities, email business prospect or considering venturing into Myanmar energy power, built. conrtruction and production of electricity...?.

Their expert is this fields.. 

smartrader      ( Date: 11-Jan-2013 06:15) Posted: This year is the best time to invest this stock due to new revenues from Malaysia biomass and vietnam hydroplant first phase completed construction in 2H13. Mgt should be looking out for new projects beyond 2013 for expansion - it is still a growth stock.

 

This year is the best time to invest this stock due to new revenues from Malaysia biomass and vietnam hydroplant first phase completed construction in 2H13.

Mgt should be looking out for new projects beyond 2013 for expansion - it is still a growth stock.

 

yes... this kind of stock... better dun touch

viewpt      ( Date: 10-Jan-2013 21:21) Posted: This stock I got stuck for a long period until yesterday managed to sell at no loss.   Becareful of no volume but price jump.   It can trap you. CWC2929      ( Date: 10-Jan-2013 20:05) Posted:   But $11Bil .......same like you throwing a stone into bedok resevoir.......will heard a loud noise after that.....................?????........................