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"Actually, U Zaw Zaw is the biggest losser if this deal fails. I think if you look at prime partners so call fees, they too will loss big time if this deal fails. May be its their only biggest deal, so how can they let this deal fail.
If Spore dont get ZZ, I think its a big mistake! HK or even Malaysia will be more willing to accept a IPO? ZZ has chinese connection, so not difficult?
We could be in a long ride if after listing ZZ may be even more bigger than Yoma, bring in more deals?"
I transport this from punters gallery!
If Spore dont get ZZ, I think its a big mistake! HK or even Malaysia will be more willing to accept a IPO? ZZ has chinese connection, so not difficult?
We could be in a long ride if after listing ZZ may be even more bigger than Yoma, bring in more deals?"
I transport this from punters gallery!
raise slowly everyday with well buying volume, look like will > 0.30 next week
Looks like not even running today ...... just strolling in rounds.
Listing ( Date: 26-Jan-2013 20:33) Posted:
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Will hit 0.30 soon...
Will run to 0.30 first then to further heights...
nice play by BB.. I hope touch my TP soon.. ^^
when will new business begin? n outstanding shares thereafter? ? if the new owner doesnt hv shady side, must buy as petrol expense there. even if petrol price reduced after opening. car population will increase. sur win just that will the new owner play us out???? if temsaek would to join in then this will be cool.
Myanmar Play.. I think today can reach 0.2
halleluyah ( Date: 03-Jan-2013 10:50) Posted:
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Any news. Running wild n fierce
Up or Down ???
Got the answer. No Worries.
SAMCORP CAPITAL CORPORATION REDUCES SHAREHOLDING IN AUSSINO Samcorp Capital Corporation (“Samcorp”), which is the company wholly owned by the Founder and Chairman, Mr Anthony Lim, of Aussino Group Limited (“Aussino”), announced today that it has sold 32,400,000 Aussino shares in the open market. Samcorp is the company used by Mr Anthony Lim to hold all the shares in Aussino. On 25 July 2012, Aussino Group Ltd (“Aussino” and together with its subsidiaries, the “Group”) announced the proposed acquisition of the entire issued share capital of Max Strategic Investments Pte Ltd (“Max Strategic”). This will present the Group with a new operating energy business with significant growth potential in Myanmar. Under the Sale & Purchase Agreement on the acquisition of Max Strategic, Mr Lim will buy back the Aussino Group of business. The agreed amount for the takeover of the entire Aussino Group of business is S$9.4 million. The sale of Aussino shares in the open market by Mr Lim is to raise the money to enable him to buy back the Aussino Group of business. By Aussino Group Ltd. 27/09/12
francisd ( Date: 08-Oct-2012 11:50) Posted:
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Samcorp Capital Corporation is reducing their stake in Aussino. Wonder WHY?
Cheers.
I just called my broker, she said after the 1:4 consolidation, offer will be at 32cents. Thats means if we buy now, theoretically it will be more worthwhile to buy at 8 cents. But is has risen a lot leow...
anybody got suggestion if we should buy aussino and let the shares convert into max strat or wait until consolidation is complete and buy?
that time i was foolish enough to buy at 15.9 cents - 10 lots.
i realised something was not right....
so i sold 5 lots at 15.3 cents and another 5 lots at 13.9 cents..
on hindsight, shouldn't have entered into Aussino in the first place...
aussino is in the midst of xformation, maybe some time in future it will become a bright star in Myanmar buz but for now better to leave it alone.
Well it gone down after halt lifted. Think almost 10%. So obviously market not taking this as good news.
rutheone1905 ( Date: 30-Jul-2012 09:16) Posted:
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tats bad!!!
This was in their statement released after suspension. Part of which says :-
The Transaction
Aussino has entered into a conditional sale and purchase agreement (the " Injection Agreement" ) with the shareholder of Max Strategic (the " Vendor" ) to acquire Max Strategic for a consideration of S$70 million. The acquisition consideration will be satisfied by the issue of 218,750,000 new consolidated shares (the " Consideration Shares" ) (which, for the avoidance of doubt, will be issued after the completion of the proposed share consolidation of every 4 existing shares into 1 consolidated share) to the Vendor at an issue price of S$0.32 (the " Issue Price" ) per Consideration Share.
Nett effect suggest that the valuation without consolidation is 0.08 cents. That's a discount from Friday's close. Does not help improve valuation of share I'm afraid.
rutheone1905 ( Date: 30-Jul-2012 00:57) Posted:
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shares consolidation?
i took a quick glance into the reasons for trade halt, it just mentioned abt acquiring a coy so to enter into Myanmar n also to dispose of current core business.
can anyone give a link to the 4:1 consolidation? otherwise this one is a myanmar play liao
Is this for real?
coolsan ( Date: 28-Jul-2012 01:16) Posted:
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