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41-60 of 96
foreign fund selling i believe.
this counter has a relatively small float, so its fluctuations tends to be a lot when it moves.
Anybody know what happen to this guy?
KIM ENG HOLDINGS LIMITED (CO. REG. NO. 198900204D) _____________________________________________________________________________ PROPOSED SALE OF PROPERTY UNITS AT BEACON HEIGHTS _____________________________________________________________________________
The Directors of Kim Eng Holdings Limited (“Kim Eng” or the “Company”) wish to announce that pursuant to Rule 910 of the Listing Manual of the Singapore Exchange Securities Trading Limited that the Board has approved the proposed sale of three units (the “Units”) in the residential development by St Michael’s Development Pte. Ltd., a subsidiary of Kim Eng. The sale of the Units in the development known as “Beacon Heights” was made to the following persons who are interested persons of Kim Eng as defined pursuant to Chapter 9 of the Listing Manual of the Singapore Exchange Securities Trading Limited:
Name of Purchasers Unit No. Sale Price % Discount given Remarks Lau Wai Kwok #23-03 $795,609 7% Director Ong Seng Gee #08-08 $545,873 7% Director Minjoot Christopher Geoffrey and Mdm Koh Hui Hwa #06-08 $539,670 7% Son and daughter-in- law of Minjoot Gerald Maxmillian, a director of the Company.
The Audit Committee of Kim Eng has reviewed the terms and conditions of the proposed sale of the Units and has approved the proposed sale. The Audit Committee is of the view that the terms of the proposed sale of the Units are fair and reasonable and are not prejudicial to the interest of Kim Eng and its minority shareholders. Mr Lau Wai Kwok, Mr Ong Seng Gee and Mr Minjoot Gerald Maxmillian had abstained from the Board’s review and approval of the proposed sale of the Units.
BY ORDER OF THE BOARD TAN CHEH IMM TERESA ASSISTANT SECRETARY DATE: 25 July 2008
| 1 |
Date of Purchases |
22-07-2008 |
|
| 2a |
Total number of shares purchased |
50,000 |
|
| 2b |
Number of shares cancelled |
0 |
|
| 2c |
Number of shares held as treasury shares |
50,000 |
|
| 3a |
Price paid per share# or |
Currency : S$
Amount : 1.4700
|
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 : 73,537.37
|
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 |
1,605,000 |
0.2751 |
0 |
0 |
1,605,000 |
0.2751 |
| 1 |
Date of Purchases |
16-07-2008 |
|
| 2a |
Total number of shares purchased |
104,000 |
|
| 2b |
Number of shares cancelled |
0 |
|
| 2c |
Number of shares held as treasury shares |
104,000 |
|
| 3a |
Price paid per share# or |
Currency : S$
Amount : 1.44337
|
Currency : [Select Currency]
Amount :
|
| 3b |
Highest price per share# |
Currency : S$
Amount : 1.45
|
Currency : [Select Currency]
Amount :
|
| |
Lowest price per share# |
Currency : S$
Amount : 1.44
|
Currency : [Select Currency]
Amount :
|
| 4 |
Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# |
Currency : S$
Amount : 150,186.77
|
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 |
1,455,000 |
0.2494 |
0 |
0 |
1,455,000 |
0.2494 |
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 * |
581,956,954 |
|
Number of treasury shares held after purchase* |
18,126,000 |
Tomorrow's estimated range 1.4-1.43. Things might start looking interesting at 1.31. Hehehe.
i'd consider 1.26. (see the charts.). haha.
Ya, may be we should wait till the downtrend is over and still buy below the directors purchased prices.
CWQuah ( Date: 15-Jul-2008 11:32) Posted:
Clue - check out the SGX announcements on the directors' purchases and buybacks; if there is spare cash, can buy and hold some. Dun buy at prices above the directors' acquisition levels of course. Not for short term.
Previous year dividends were 8c/yr; I will assume conservative derating to say, 5c this yr in view of the mkt situation. But well below NAV, so I think the risk is minimal. |
|
1. Date of change of Deemed Interest 15-07-2008
2. Name of Registered Holder PETER ONG & CO PTE LTD
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase
# Please specify details Mr Ong is deemed to have an interest in the shares held by Peter Ong & Co Pte Ltd by virtue of Section 7 of the Companies Act, Cap. 50.
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change 2,337,800
As a percentage of issued share capital 0.402 %
No. of Shares which are subject of this notice 200,000
As a percentage of issued share capital 0.034 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 1.4598
No. of Shares held after the change 2,537,800
As a percentage of issued share capital 0.436 %
Clue - check out the SGX announcements on the directors' purchases and buybacks; if there is spare cash, can buy and hold some. Dun buy at prices above the directors' acquisition levels of course. Not for short term.
Previous year dividends were 8c/yr; I will assume conservative derating to say, 5c this yr in view of the mkt situation. But well below NAV, so I think the risk is minimal.
Ya, real gem.... errr. But will it become even cheaper.......
Any ideas???
CWQuah ( Date: 15-Jul-2008 10:21) Posted:
| Hehehe this one's a real gem. Below NAV. Cheeeeeep cheeeep. |
|
Hehehe this one's a real gem. Below NAV. Cheeeeeep cheeeep.
just a factoid for fun....
Gloria Lee Kim Yew (see luostock's announcement of 9th jul) is the director of kim eng futures. She's also the wife of SM Lee's brother.
| 1. |
Date of change of Deemed Interest |
14-07-2008 |
| 2. |
Name of Registered Holder |
WISE ELITE INVESTMENTS LIMITED |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| |
# Please specify details |
| Mr Ong is deemed to have an interest in the shares held by Wise Elite Investments Limited by virtue of Section 7 of the Companies Act, Cap. 50. |
|
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
1,768,800 |
| As a percentage of issued share capital |
0.304 % |
| No. of Shares which are subject of this notice |
300,000 |
| As a percentage of issued share capital |
0.052 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
1.50277 |
| No. of Shares held after the change |
2,068,800 |
| As a percentage of issued share capital |
0.355 % |
|
| 1 |
Date of Purchases |
10-07-2008 |
|
| 2a |
Total number of shares purchased |
342,000 |
|
| 2b |
Number of shares cancelled |
0 |
|
| 2c |
Number of shares held as treasury shares |
342,000 |
|
| 3a |
Price paid per share# or |
Currency : S$
Amount : 1.47
|
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 : 502,995.52
|
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 |
1,336,000 |
0.2290 |
0 |
0 |
1,336,000 |
0.2290 |
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 * |
582,075,954 |
|
Number of treasury shares held after purchase* |
18,007,000 |
| 1. |
Date of notice to issuer * |
09-07-2008 |
| 2. |
Name of Director * |
Judd Clark Kinne (Alternate to Mrs Gloria Lee Kim Yew) |
| 3. |
Please tick one or more appropriate box(es): * |
| |
Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]
|
| 1. |
Date of change of Interest |
08-07-2008 |
| 2. |
Name of Registered Holder |
Judd Clark Kinne |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| |
# Please specify details |
|
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
95,600 |
| As a percentage of issued share capital |
0.016 % |
| No. of Shares which are subject of this notice |
25,000 |
| As a percentage of issued share capital |
0.004 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
1.54 |
| No. of Shares held after the change |
120,600 |
| As a percentage of issued share capital |
0.021 % |
|
| . |
Holdings of Director , including direct and deemed interest : |
|
Direct
|
Deemed
|
| No. of shares held before the change |
95,600 |
0 |
| As a percentage of issued share capital |
0.016 % |
0 % |
| No. of shares held after the change |
120,600 |
0 |
| As a percentage of issued share capital |
0.021 % |
0 % |
| 1. |
Date of change of Interest |
08-07-2008 |
| 2. |
Name of Registered Holder |
LAU WAI KWOK |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| |
# Please specify details |
|
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
1,223,600 |
| As a percentage of issued share capital |
0.210 % |
| No. of Shares which are subject of this notice |
40,000 |
| As a percentage of issued share capital |
0.007 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
1.5125 |
| No. of Shares held after the change |
1,263,600 |
| As a percentage of issued share capital |
0.217 % |
|
| 1. |
Holdings of Director , including direct and deemed interest : |
|
Direct
|
Deemed
|
| No. of shares held before the change |
1,223,600 |
0 |
| As a percentage of issued share capital |
0.210 % |
0 % |
| No. of shares held after the change |
1,263,600 |
0 |
| As a percentage of issued share capital |
0.217 % |
0 % |
| 1. |
Date of change of Deemed Interest |
08-07-2008 |
| 2. |
Name of Registered Holder |
WISE ELITE INVESTMENTS LIMITED |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| |
# Please specify details |
| Mr Ong is deemed to have an interest in the shares held by Wise Elite Investments Limited by virtue of Section 7 of the Companies Act, Cap. 50. |
|
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
1,568,800 |
| As a percentage of issued share capital |
0.269 % |
| No. of Shares which are subject of this notice |
200,000 |
| As a percentage of issued share capital |
0.034 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
1.51490 |
| No. of Shares held after the change |
1,768,800 |
| As a percentage of issued share capital |
0.303 % |
|
| 1. |
Holdings of Director , including direct and deemed interest : |
|
Direct
|
Deemed
|
| No. of shares held before the change |
275,100 |
4,865,600 |
| As a percentage of issued share capital |
0.047 % |
0.834 % |
| No. of shares held after the change |
275,100 |
5,065,600 |
| As a percentage of issued share capital |
0.047 % |
0.868 % |
| 1 |
Date of Purchases |
09-07-2008 |
|
| 2a |
Total number of shares purchased |
994,000 |
|
| 2b |
Number of shares cancelled |
0 |
|
| 2c |
Number of shares held as treasury shares |
994,000 |
|
| 3a |
Price paid per share# or |
Currency : S$
Amount : 1.50125
|
Currency : [Select Currency]
Amount :
|
| 3b |
Highest price per share# |
Currency : S$
Amount : 1.51
|
Currency : [Select Currency]
Amount :
|
| |
Lowest price per share# |
Currency : S$
Amount : 1.49
|
Currency : [Select Currency]
Amount :
|
| 4 |
Total consideration (including stamp duties, clearing charges, etc) paid or payable for the shares# |
Currency : S$
Amount : 1,493,000.92
|
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 |
994,000 |
0.1704 |
0 |
0 |
994,000 |
0.1704 |
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 * |
582,417,954 |
|
Number of treasury shares held after purchase* |
17,665,000 |
1. Date of change of Interest 04-07-2008
2. Name of Registered Holder LAU WAI KWOK
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase
# Please specify details
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change 1,068,600
As a percentage of issued share capital 0.183 %
No. of Shares which are subject of this notice 155,000
As a percentage of issued share capital 0.027 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 1.60761
No. of Shares held after the change 1,223,600
As a percentage of issued share capital 0.210 %
