UniFiber System   

UniFiber

R'.'eturning T'.'o O'.'fferer. let hope for d best outcome...Happi Trading.

UniFiber       Last Done: 0.051ctc     Volume - 17369,000 million changed hands      +0.0010cts

 

In others word, if it remain @ what is on the table...Players will have to decide up / down or stag...??.

Happi trading to all.

teeth53      ( Date: 04-Mar-2012 22:08) Posted: RTO...to, to...???. Isit for  more, or isit for less???. More mean - players will bite this apple again. Will Sinar Mas shoe  (BBs) come out with another big show..?, closer to the deal...Happi trading to all.

 

RTO...to, to...???. Isit for  more, or isit for less???. More mean - players will bite this apple again.

Will Sinar Mas shoe  (BBs) come out with another big show..?, closer to the deal...Happi trading to all.

 

Returning To Offerer...First, then following up more on the offer. Thot it RTO  offer price is set @0.035 cts. 

wildchild      ( Date: 02-Mar-2012 13:09) Posted: how? dropping like..... got chance for RTO?

 

It  is all super charging  and hit a high, toward topping 0.074 cts, there after it dip to about 0.06 cts ++ for a while, B4 it floating lower  toward till today, it closed @...Happi trading, may re-charge again - abit. 

UniFiber

Op - 0.059

Last Done 0.055

-0.004cts

-6.8%

Volume changed hands - 43,688,000

 

how? dropping like.....

got chance for RTO?

 

 

http://forum.channelnewsasia.com/showthread.php?45650-United-Fiber-in-US-1.2b-reverse-takeover-deal& p=264046#post264046

teeth53      ( Date: 28-Jan-2012 08:41) Posted: Seow liao lahh. Value at oni 3.5c a piece. in all 44.3 billion shr. All  BBs agreed. Unifiber  is to issue  at 3.5c a piece. Those bot beyond 4c - chia lat liao. It was mentioned that BBs distribution had work and it last traded price peak,  changed hands at 0.048c.

 

Seow liao lahh. Value at oni 3.5c a piece. in all 44.3 billion shr.

All  BBs agreed. Unifiber  is to issue  at 3.5c a piece. Those bot beyond 4c - chia lat liao.

It was mentioned that BBs distribution had work and it last traded price peak,  changed hands at 0.048c.

 

http://sg.finance.yahoo.com/news/2-sinar-mas-eyes-backdoor-042003786.html

India's GMR Infrastructure, which holds 30% in Golden Energy, will be offered the opportunity to sell some or all its shares to United Fiber.

Golden Energy will become a subsidiary of United Fiber after the completion of the deal, the Singapore company said. It said it will try and remain listed on the Singapore exchange. Golden Energy, which has a market value of $1.7 billion and is part of conglomerate Sinar Mas.

the statement said.

teeth53      ( Date: 27-Jan-2012 18:54) Posted: Indonesia's Sinar Mas Grp is orchestrating a backdoor listing of its Indonesian coal assets in Singapore through a $1.2 billion share-swap with a small forestry firm listed on the SG Exch. $1.2billion (big value)  meanwhile (Unifiber) it value  for United Fiber shares, valued at $76 million. A year ago, it was backup by a rich merchant and now hope is 2nd time lucky.

 

Indonesia's Sinar Mas Grp is orchestrating a backdoor listing of its Indonesian coal assets in Singapore through a $1.2 billion share-swap with a small forestry firm listed on the SG Exch.

$1.2billion (big value)  meanwhile (Unifiber) it value  for United Fiber shares, valued at $76 million.

A year ago, it was backup by a rich merchant and now hope is 2nd time lucky.

 

 

A year back, almost a dead fish, a year now - dead fish came alive

teeth53      ( Date: 10-Feb-2011 11:58) Posted: Court orders UniFiber to pay $25 million fine SINGAPORE - Mainboard-listed United Fiber System, or UniFiber, said yesterday that a Singapore court had decided that the company should pay a fine of US$19.7 million ($25.1 million). In it statement, the forestry and construction firm said the fine was payable to China National Machinery & Equipment Import & Export Corporation (CMEC). However, Unifiber, which has its main assets in Indonesia, had calculated the debt it owed to CMEC at about US$17 million. Unifiber said that the court would hear further arguments on the amount owed if both parties were unable to reach an agreement on this between themselves. The Singapore court has also decided that the company has until Feb 18 to make the payment, in which case no presumption of insolvency will arise in relation to CMEC's demand, the statement said. Unifiber said it would consider all available options for payment. Specifically, it pointed to the positive cash flows from the company's construction unit, as well as the accessibility to its undrawn financing facilities. These include an undrawn balance equity credit line of $52.5 million from a financial institution, which is available until July 2014. Travis Teo (todayonline.com)

 

Not to worry.. still a viable business.. PB is attractive,

 

Soon, it will drop to Sgd. 0.035!

vonntan      ( Date: 14-Jun-2011 10:56) Posted: United Fiber System Limited announced that Poh Lian Construction (Pte.) Ltd, a wholly owned subsidiary of the Company has been awarded a building contract from Impac Holdings Pte Ltd, a member of the City Development Limited Group, for the construction of condominium comprising of 5 blocks (19, 21, 22, 23-storey) residential flats (total 521 units) with 2 basement carparks, swimming pool and communal facilities at Sengkang West Ave / Fernvale Link. http://sgsharemarket.com/home/2011/06/singapore-company-highlights-14062011/?=Unifiber

 

Obviously FAKE!

blueprintmedia00      ( Date: 11-Feb-2011 11:40) Posted: Very Strange. Buy Volume is quite high for this morning. Is it Real or Fake? Is this company going to delist soon? Any advice?

 

United Fiber System Limited announced that Poh Lian Construction (Pte.) Ltd, a wholly owned subsidiary of the Company has been awarded a building contract from Impac Holdings Pte Ltd, a member of the City Development Limited Group, for the construction of condominium comprising of 5 blocks (19, 21, 22, 23-storey) residential flats (total 521 units) with 2 basement carparks, swimming pool and communal facilities at Sengkang West Ave / Fernvale Link.

http://sgsharemarket.com/home/2011/06/singapore-company-highlights-14062011/?=Unifiber

 

 

I don't think it will be delisted. It can be a case of probably consolidation of buy at the support price.

 

Very Strange. Buy Volume is quite high for this morning.

Is it Real or Fake? Is this company going to delist soon? Any advice?

 

Gone case . . . Sgd. 0.03 will be imminent then! CAVEAT EMPTOR

teeth53      ( Date: 10-Feb-2011 11:58) Posted: Court orders UniFiber to pay $25 million fine SINGAPORE - Mainboard-listed United Fiber System, or UniFiber, said yesterday that a Singapore court had decided that the company should pay a fine of US$19.7 million ($25.1 million). In it statement, the forestry and construction firm said the fine was payable to China National Machinery & Equipment Import & Export Corporation (CMEC). However, Unifiber, which has its main assets in Indonesia, had calculated the debt it owed to CMEC at about US$17 million. Unifiber said that the court would hear further arguments on the amount owed if both parties were unable to reach an agreement on this between themselves. The Singapore court has also decided that the company has until Feb 18 to make the payment, in which case no presumption of insolvency will arise in relation to CMEC's demand, the statement said. Unifiber said it would consider all available options for payment. Specifically, it pointed to the positive cash flows from the company's construction unit, as well as the accessibility to its undrawn financing facilities. These include an undrawn balance equity credit line of $52.5 million from a financial institution, which is available until July 2014. Travis Teo (todayonline.com)

 

Court orders UniFiber to pay $25 million fine

SINGAPORE - Mainboard-listed United Fiber System, or UniFiber, said yesterday that a Singapore court had decided that the company should pay a fine of US$19.7 million ($25.1 million).

In it statement, the forestry and construction firm said the fine was payable to China National Machinery & Equipment Import & Export Corporation (CMEC). However, Unifiber, which has its main assets in Indonesia, had calculated the debt it owed to CMEC at about US$17 million.

Unifiber said that the court would hear further arguments on the amount owed if both parties were unable to reach an agreement on this between themselves. The Singapore court has also decided that the company has until Feb 18 to make the payment, in which case no presumption of insolvency will arise in relation to CMEC's demand, the statement said.

Unifiber said it would consider all available options for payment. Specifically, it pointed to the positive cash flows from the company's construction unit, as well as the accessibility to its undrawn financing facilities. These include an undrawn balance equity credit line of $52.5 million from a financial institution, which is available until July 2014.

Travis Teo (todayonline.com)

 

Still no direction to its current business prospect, just wait and see till next year 2012 !!!

bsiong      ( Date: 14-Jan-2011 08:55) Posted:  United Fiber System Limited announced that the Company has on 12 January 2011 entered into the following agreements: (a) a subscription agreement with Asia Star Fund Ltd in relation to the proposed subscription by ASF of issued and paid up ordinary shares in the capital of the Company; and (b) a loan agreement with ASF in relation to a US$35,000,000 loan to be granted by ASF to the Company. ASF shall subscribe for 3,593,395,298 Shares to be issued by the Company, representing approximately 51% of the enlarged total number of issued Shares. The aggregate subscription amount payable by the Investor shall be S$179,669,764.90, based on a subscription price of S$0.05 per Subscription Share, which represents a premium of approximately 0.2% to the volume weighted average price of the Shares of S$0.0499 for trades done on 7 January 2011. /sgx/