InnoTek
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INNOTEK LIMITED
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"DISCLAIMER:- This announcement was prepared and issued by the below mentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement." |
Name of Announcer * |
INNOTEK LIMITED |
Company Registration No. |
199508431Z |
Announcement submitted on behalf of |
INNOTEK LIMITED |
Announcement is submitted with respect to * |
INNOTEK LIMITED |
Announcement is submitted by * |
Linda Sim Hwee Ai |
Designation * |
Company Secretary |
Date & Time of Broadcast |
19-Mar-2010 17:43:17 |
Announcement No. |
00079 |
The details of the announcement start here ... |
|
Name of Overseas Exchange where Company has Dual Listing (if applicable) |
n/a |
(A) Share Buy-Back Authority |
I. |
Maximum number of shares authorised for purchase* |
23,340,742 |
(B) Details of Purchases Made |
I. |
Purchases made by way of market acquisition |
Yes
|
If answer to the above question is Yes, please fill in the following : |
 |
 |
Singapore Exchange |
Overseas Exchange |
1 |
Date of Purchases |
19-03-2010 |
|
2a |
Total number of shares purchased |
327,000 |
|
2b |
Number of shares cancelled |
0 |
|
2c |
Number of shares held as treasury shares |
327,000 |
|
3a |
Price paid per share# or |
Currency : S$
Amount : 0.485
|
Currency : [Select Currency]
Amount :
|
3b |
Highest price per share# |
Currency : [Select Currency]
Amount :
|
Currency : [Select Currency]
Amount :
|
|
Lowest price per share# |
Currency : [Select Currency]
Amount :
|
Currency : [Select Currency]
Amount :
|
4 |
Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# |
Currency : S$
Amount : 159,014.99
|
Currency : [Select Currency]
Amount :
|
II. |
Purchases made by way of off-market acquisition on equal access scheme? |
No
|
If answer to the above question is Yes, please fill in the following : |
 |
 |
Singapore Exchange |
Overseas Exchange |
1 |
Date of Purchases |
|
|
2a |
Total number of shares purchased |
|
|
2b |
Number of shares cancelled |
|
|
2c |
Number of shares held as treasury shares |
|
|
3 |
Price paid or payable per share# |
Currency : [Select Currency]
Amount :
|
Currency : [Select Currency]
Amount :
|
4 |
Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# |
Currency : [Select Currency]
Amount :
|
Currency : [Select Currency]
Amount :
|
 |
By way of market acquisition |
By way of off-market acquisition on equal access scheme |
Total |
 |
No. |
% 1 |
No. |
% |
No. |
% |
Cumulative no. of shares purchased to-date 2 |
14,131,000 |
6.05 |
0 |
0 |
14,131,000 |
6.05 |
1 Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution 2 From the date on which the share buy-back mandate is obtained |
(D) |
Number of issued shares excluding treasury shares after purchase * |
231,791,428 |
 |
Number of treasury shares held after purchase* |
14,131,000 |
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tis counter pretty cool ya, fr a low of 0.165, now ard 0.50. shld haf leave some for tis countr.
As i mention my earlier post that it NAV is ard 0.85cents and dividend wise look attractive to me.
Hi bon,agree with you since company made purchare on their own shares,we shall see,cheers.
Dun sell InnoTek lah... U wun buy back cheap aft u sold... ('',)
hotokee ( Date: 19-Mar-2010 11:03) Posted:
Very ghostly experience for me in STI stock trading. Whenever I click with the intention to sell, before I could do anything, the prices of the counters will fall. Looks like my account with CDP is linked to the brokerages, so they know what I am selling to profit and will disallow it. If I sell for a loss, no problem. This is very spooky experience for me and has been quite sometime already. It is true and please don't laugh at it. Just let me know if this is paranormal? |
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I think company maybe buying at 0.49 today,now 0.495.
Very ghostly experience for me in STI stock trading. Whenever I click with the intention to sell, before I could do anything, the prices of the counters will fall. Looks like my account with CDP is linked to the brokerages, so they know what I am selling to profit and will disallow it. If I sell for a loss, no problem. This is very spooky experience for me and has been quite sometime already. It is true and please don't laugh at it. Just let me know if this is paranormal?
Cool man,agressive buying back their own shares.
Name of Announcer * |
INNOTEK LIMITED |
Company Registration No. |
199508431Z |
Announcement submitted on behalf of |
INNOTEK LIMITED |
Announcement is submitted with respect to * |
INNOTEK LIMITED |
Announcement is submitted by * |
Linda Sim Hwee Ai |
Designation * |
Company Secretary |
Date & Time of Broadcast |
18-Mar-2010 17:55:19 |
Announcement No. |
00079 |
The details of the announcement start here ... |
|
Name of Overseas Exchange where Company has Dual Listing (if applicable) |
n/a |
(A) Share Buy-Back Authority |
I. |
Maximum number of shares authorised for purchase* |
23,340,742 |
(B) Details of Purchases Made |
I. |
Purchases made by way of market acquisition |
Yes
|
If answer to the above question is Yes, please fill in the following : |
 |
 |
Singapore Exchange |
Overseas Exchange |
1 |
Date of Purchases |
18-03-2010 |
|
2a |
Total number of shares purchased |
902,000 |
|
2b |
Number of shares cancelled |
0 |
|
2c |
Number of shares held as treasury shares |
902,000 |
|
3a |
Price paid per share# or |
Currency : S$
Amount : 0.4789
|
Currency : [Select Currency]
Amount :
|
3b |
Highest price per share# |
Currency : S$
Amount : 0.48
|
Currency : [Select Currency]
Amount :
|
|
Lowest price per share# |
Currency : S$
Amount : 0.475
|
Currency : [Select Currency]
Amount :
|
4 |
Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# |
Currency : S$
Amount : 433,111.76
|
Currency : [Select Currency]
Amount :
|
II. |
Purchases made by way of off-market acquisition on equal access scheme? |
No
|
If answer to the above question is Yes, please fill in the following : |
 |
 |
Singapore Exchange |
Overseas Exchange |
1 |
Date of Purchases |
|
|
2a |
Total number of shares purchased |
|
|
2b |
Number of shares cancelled |
|
|
2c |
Number of shares held as treasury shares |
|
|
3 |
Price paid or payable per share# |
Currency : [Select Currency]
Amount :
|
Currency : [Select Currency]
Amount :
|
4 |
Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# |
Currency : [Select Currency]
Amount :
|
Currency : [Select Currency]
Amount :
|
 |
By way of market acquisition |
By way of off-market acquisition on equal access scheme |
Total |
 |
No. |
% 1 |
No. |
% |
No. |
% |
Cumulative no. of shares purchased to-date 2 |
13,804,000 |
5.91 |
0 |
0 |
13,804,000 |
5.91 |
1 Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution 2 From the date on which the share buy-back mandate is obtained |
(D) |
Number of issued shares excluding treasury shares after purchase * |
232,118,428 |
 |
Number of treasury shares held after purchase* |
13,804,000 |
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All secondliners are half priced in STI for unknown reason, but my guess is that biggies are still shorted since the big collapse and need time to cover all the short positions otherwise they may be bankrupted by any upsurge in prices of mid-caps. Sounds reasonable?
investment ( Date: 17-Mar-2010 13:25) Posted:
I check it NAV is abt 0.85cents,truly undervalue but maybe investor not keen on this share,me bought 0.46 and thinking taking a bit of profit. |
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got to be patient for your gain ....
I check it NAV is abt 0.85cents,truly undervalue but maybe investor not keen on this share,me bought 0.46 and thinking taking a bit of profit.
I remembered this is the only counter CW asked to watch out when it was 46 cents, but took such a long time to move leh.
Ah Bon eh...the share may be good eh...but many times its the low volume & lack of publicity that hinder the price movement eh...if it surge on low volume eh...better to lock in the profits eh...(,")
Goondusamy,
Base on my experiences, I was dot dat Frencken shd hv reached 0.40 by end of Feb2010. But disappointed results... & me oso kena stuck too. Give Frencken sm times & treat it as long term investment...
On e 20-Jan-2010, Frencken has annonced "PROPOSED SALE OF ASSETS RELATED TO THE KEYPAD PRODUCT SEGMENT". Hope Frencken can improve nxt Qtr...
('',)
goondusamy ( Date: 17-Mar-2010 08:41) Posted:
Eh Ah Bon eh... Give tips again eh...later no reach how eh...gonna say quit thread again eh...(,") |
|
i have mentioned before, this stock is undervalued, should move up slow and steady
Eh Ah Bon eh... Give tips again eh...later no reach how eh...gonna say quit thread again eh...(,")
I dun understand why they just bought 7 lots only.
InnoTek'll climb 0.70 & abv by end of tis yr... ('',)
Note: On 16-Mar-2010, InnoTek was last 0.475...
* Asterisks denote mandatory information |
"DISCLAIMER:- This announcement was prepared and issued by the below mentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement." |
Name of Announcer * |
INNOTEK LIMITED |
Company Registration No. |
199508431Z |
Announcement submitted on behalf of |
INNOTEK LIMITED |
Announcement is submitted with respect to * |
INNOTEK LIMITED |
Announcement is submitted by * |
Linda Sim Hwee Ai |
Designation * |
Company Secretary |
Date & Time of Broadcast |
16-Mar-2010 18:04:50 |
Announcement No. |
00095 |
The details of the announcement start here ... |
|
Name of Overseas Exchange where Company has Dual Listing (if applicable) |
n/a |
(A) Share Buy-Back Authority |
I. |
Maximum number of shares authorised for purchase* |
23,340,742 |
(B) Details of Purchases Made |
I. |
Purchases made by way of market acquisition |
Yes
|
If answer to the above question is Yes, please fill in the following : |
 |
 |
Singapore Exchange |
Overseas Exchange |
1 |
Date of Purchases |
16-03-2010 |
|
2a |
Total number of shares purchased |
7,000 |
|
2b |
Number of shares cancelled |
0 |
|
2c |
Number of shares held as treasury shares |
7,000 |
|
3a |
Price paid per share# or |
Currency : S$
Amount : 0.46
|
Currency : [Select Currency]
Amount :
|
3b |
Highest price per share# |
Currency : [Select Currency]
Amount :
|
Currency : [Select Currency]
Amount :
|
|
Lowest price per share# |
Currency : [Select Currency]
Amount :
|
Currency : [Select Currency]
Amount :
|
4 |
Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# |
Currency : S$
Amount : 3,264.44
|
Currency : [Select Currency]
Amount :
|
II. |
Purchases made by way of off-market acquisition on equal access scheme? |
No
|
If answer to the above question is Yes, please fill in the following : |
 |
 |
Singapore Exchange |
Overseas Exchange |
1 |
Date of Purchases |
|
|
2a |
Total number of shares purchased |
|
|
2b |
Number of shares cancelled |
|
|
2c |
Number of shares held as treasury shares |
|
|
3 |
Price paid or payable per share# |
Currency : [Select Currency]
Amount :
|
Currency : [Select Currency]
Amount :
|
4 |
Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# |
Currency : [Select Currency]
Amount :
|
Currency : [Select Currency]
Amount :
|
 |
By way of market acquisition |
By way of off-market acquisition on equal access scheme |
Total |
 |
No. |
% 1 |
No. |
% |
No. |
% |
Cumulative no. of shares purchased to-date 2 |
12,902,000 |
5.53 |
0 |
0 |
12,902,000 |
5.53 |
1 Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution 2 From the date on which the share buy-back mandate is obtained |
(D) |
Number of issued shares excluding treasury shares after purchase * |
233,020,428 |
 |
Number of treasury shares held after purchase* |
12,902,000 |
displayAttachments_LN::
displayAttachmentsLength_LN::
Attachments |
Total size = 0 (2048K size limit recommended)
|