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Obtained from FY2006 Annual Report
At our doorstep in Singapore, with more than $20 billion worth of contracts waiting to be fulfi lled, the order books of our oil rig construction and marine engineering companies are stretched into the year 2010 and beyond. Over the next few years, the construction of the integrated resorts and the recently-announced multi-billion dollar petrochemicals, refi neries and LNG projects in the region, are poised to boost our economy and open opportunities for businesses in our country. To prepare SSH for these opportunities and meet the challenges ahead, we need to upgrade and better integrate our businesses. Last October, new Independent Directors were appointed, and the roles and responsibilities of some members of SSH management were redefi ned as we began working on our integration process.
Could be in play in the afternoon. Price well absorbed and wating to breakout of 32.5c. Let's see!
KS Energy is still halted. Looks like something major rather than winning contracts. Shares of SSH surged in the late afternoon after KS is halted. ANybody got news to share rather than wait for SGX announcement?
Beautiful moves when the market is under pressure!!
The power of Indon counters!
Strange! KS Energy halted and then SSH cheong later. Something must be brewing!
Merger news? Or Takeover news? Which one??
Become KSH Energy? looks like the support is at 30.5c. Next week could see more actions!
This is really great.
Merge with KS Energy on the way?
Good job by SSH.
Market cap strengthening further ?
wat's cooking?
hi -advice pls-bought ssh for 0.29cents, any news about how this stock is doing, any positive signs. thanks
How is this one doing?
KS Energy closed at $2.69. Aqua-Terra closed at $0.535. SSH closed at 29c. In absolute price terms, SSH is the lowest among the 3 counters. SSH could have room to move further. Just my opinion.
Wiluan aims for speedy merger of three companies
INDONESIAN tycoon Kris Wiluan says he hopes to officially merge the trio of KS Energy, Aqua Terra Supply (ATS) and SSH Corp 'as soon as possible' to enable the Singapore group to bid more effectively for large oil-and-gas projects overseas, including for Middle East players like Qatar Petroleum and Abu Dhabi National Oil Company. Mr Wiluan, who is ATS CEO and chairman, said that 'we have been talking to Qatar Petroleum and Adnoc, and you need a big market cap to deal with such big projects there'.
Anyone knows why it is XD?
HI All! After monitoring for a few days in this counter...there isn't any movement...I wonder how potential is the counter? anyone can advise?
Hi ksjlmp,
SSH is a penny stock counter... so TA will be inaccurate for this.
SSH is a penny stock counter... so TA will be inaccurate for this.
The Board of Directors of SSH Corporation Ltd. ("SSH Corp.") refers to the announcements made on 11 January 2007, both SSH Corp. and Aqua-Terra Supply Co. Ltd ("Aqua-Terra"), which announced that to improve their efficiencies, the operations of both companies are being reviewed for integration.
Following to these announcements, we would now like to announce that Mr. Kris Wiluan, the Chairman and CEO of KS Energy Services Ltd ("KS Energy"), Aqua-Terra and SSH Corp., in his recent interview with Bloomberg also commented that the integration for the three companies will be led by KS Energy.
By Order of the Board,
Shirley Lim
Company Secretary
17 January 2007
Following to these announcements, we would now like to announce that Mr. Kris Wiluan, the Chairman and CEO of KS Energy Services Ltd ("KS Energy"), Aqua-Terra and SSH Corp., in his recent interview with Bloomberg also commented that the integration for the three companies will be led by KS Energy.
By Order of the Board,
Shirley Lim
Company Secretary
17 January 2007