JEP    Last:0.255   -

ALantac-oil rig/drill/petrochemical-star performer

New MD new ideas..paid up capital is 108,346mil minus shareholdings of 23mil listed by go_francis of 23mil ie free float is about 85mil or less if related parties are factored in...on 18July Alantac hit 70.5cts and on 20July it was still trading 59.5cts..so TP of 60cts is reasonable

 

Related Announcements at SGX:-

1.)

Name of Announcer *	ALANTAC TECHNOLOGY LTD
Company Registration No.	199401749E
Announcement submitted on behalf of	ALANTAC TECHNOLOGY LTD.
Announcement is submitted with respect to *	ALANTAC TECHNOLOGY LTD.
Announcement is submitted by *	Tan Ngee Teck
Designation *	Executive Chairman
Date & Time of Broadcast	01-Oct-2007 17:51:45
Announcement No.	00087

>> Announcement Details

The details of the announcement start here ...

 

Announcement Title *

APPOINTMENT OF EXECUTIVE DIRECTOR/VICE CHAIRMAN

 

Description

The Board of Directors of Alantac Technology Ltd. (?the Company?) wishes to announce the appointment of Mr Adam Lau Fook Hoong @ Joe Lau as Executive Director/Vice Chairman of the Company on 1 October 2007 and remained as Director and Managing Director of our subsidiary, JEP Precision Engineering Pte Ltd. The detailed template announcement, pursuant to Rule 704(7) of the Listing Manual, containing the particulars of Mr Adam Lau Fook Hoong @ Joe Lau, will be released separately to the SGX-ST. On Behalf of the Board Tan Ngee Teck Executive Chairman 1 October 2007

 

2.)

years *

Managing of a private limited company

 

Shareholding * in the listed issuer and its subsidiaries *

23,037,975

 

Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries *

Nil

 

Conflict of interest *

Nil

 

>> Other Directorship#

# These fields are not applicable for announcements of appointments pursuant to Rule 704(9)

 

Past (for the last five years)	Nil
Present	Managing Director of JEP Precision Engineering Pte Ltd