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Good directive to try that
Raising capital in US market where YongNam has to compete with thousands of listed companies in the same sector would be interesting
Could also try HKSE, nearer to SEAP and easier for market pariticipants to relate to
nope it's not dual listing:)
is this dual listing and will cause the local price to drop like techcomp and pan andes?
trendspotter ( Date: 10-Oct-2012 22:42) Posted:
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Just take in 40 more lots before it's too late:) Think it's time this stock rally.
up up up!!! believe it:)
The time is ripe to buy in this share as the price is still a good entry point currently. The statement just smacks of conservatism on the part of the company which is why i always trusted them. Stable share that is definitely going up in the short term.
yuncong ( Date: 10-Oct-2012 20:20) Posted:
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1) MUMBAI INTERNATIONAL AIRPORT
CONTRACT worth S$80million(50/50 JV)
Second contract win following Delhi International Airport
Construction of roof structure and composite steel columns for new intergrated terminal building
Expected completion in Nov 2012
2) NUH Medical Centre
CONTRACT worth S$18million
Supply and erect structural steelworks for a 22-storey building
Expected completion in Oct 2012
3) National Art Gallery
CONTRACT worth S$50million
Supply and erect structural steelworks for new floor structure and skybridges, plus underpinning, shoring and strengthening works
60000sqm NAG will be largest visual arts venue in Singapore
Expected completion in 2013
4) Singapore Sports HUB
CONTRACT and VO worth S$100million
Supply and erect structural steelworks for dome shaped roof structure and tertiary works.
Stadium roof is the key architectural element with a fixed and movable component
Expected completion in 3Q 2013
5) Market Street Development
CONTRACT worth $33 million
Expected completion end of 2013
6) MARINA COASTAL EXPRESSWAY- 6 CONTRACTS worth a total of S$366million
Expected completion MAR 2013
7) MRT Downtown Line 2 – 4 CONTRACTS worth total of S$97million
8) MRT Downtown Line 3 – 6 CONTRACTS worth total of $104million(ANNOUNCE 2 OCT 2012)
9) HK MTR Extension – 4 CONTRACTS worth total of HK$502million(Approx S$79m)
$475M as at 2 OCT 2012
Yongnam Holdings Limited (“Yongnam” or the “Company”) wishes to advise that the Company has entered into discussions with a Sponsor in the USA to review the probability of listing OTC American Depository Receipts (“ADRs”).
As discussions are still at a preliminary stage, the Company is not in the position to confirm whether Yongnam will proceed with this listing.
In the meantime, shareholders should note that there is no certainty that the Company will list OTC ADRs in the USA and should therefore exercise caution when dealing in Yongnam shares.
BY ORDER OF THE BOARD Seow Soon Yong Chief Executive Officer
10 October 2012
Monday, October 8, 2012
Yongnam
Yongnam: Grp did an e-roadshow on Oct 2 for some foreign investors. Key highlights focused on a large amount of infrastructure works in the pipeline. Two revelations : a. The potential for Yongnam to pursue business in the offshore sector in UK and Germany -- specifically, for the emerging wind energy industry. b. Yongnam is currently working on getting its shares traded as ADRs in the US as well. Target date for the start of trading is Nov12. Briefly, its stock data: recently 23.5 cents, market cap of $297m, dividend yield of 4.26% and 0.98 price/book.
Is this consider insider trading? Wait MAS invite you drink kopi then u know. lol
daretochiong ( Date: 08-Oct-2012 11:16) Posted:
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Something is brewing...i can sense like...kind of coporate news releasing
http://yongnamholding.blogspot.sg
I spoken to the company IR. they will be announcing something later
YONGNAM
http://3.bp.blogspot.com/-4DTspoRiwF0/UG_f1x_ixyI/AAAAAAAAALA/KraNxEH20Ow/s1600/Yongnameroadshow.png
http://yongnamholding.blogspot.sg
INDEED OPEN $0.245...........NOW going test $0.25........hoping to break
OPENING PRICE $0.245
