Action Asia   

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I agree it is nice to have external listings in any form, be it additional or cross listings or Depository Receipt listings. All these allow foreigners who do not want to be direct shareholders of the company but desire some price action on their investments, to trade outside SGX.. Imagine in the past when we had the M'sian counters on Clob, it was so very lively market thatl Dr M put his foot on the floor brakes and destroyed the market just because he didn't like Sg to benefit, although CLOB helped Malaysian counters to become alive all those years.  Now with this depository receipts, oversea exhanges can trade the DRs and we are going to have a lively small cap in our local market.

ekekeg      ( Date: 22-Dec-2009 07:51) Posted: One will affect the others.  It will take turns.  The next one is Maptech. All dualing listings are good for company and shareholders. It is like a release from hell, sgx. Sporeguy      ( Date: 21-Dec-2009 23:41) Posted: Z-obee only proposed dual listing in HK and its share price went up from 17c to 23c, rising more than 30%. On the hand, Action Asia has no action even though it is approved for dual listing in Taiwan. Is it bcos Taiwan is lousy than HK or Action Asia is lousy than Z-obee or both reasons ?

 

One will affect the others.  It will take turns.  The next one is Maptech. All dualing listings are good for company and shareholders. It is like a release from hell, sgx.

Sporeguy      ( Date: 21-Dec-2009 23:41) Posted: Z-obee only proposed dual listing in HK and its share price went up from 17c to 23c, rising more than 30%. On the hand, Action Asia has no action even though it is approved for dual listing in Taiwan. Is it bcos Taiwan is lousy than HK or Action Asia is lousy than Z-obee or both reasons ?

 

ACTION ASIA LIMITED Shareholders' Circulars 10 Nov 2009

Proposed Allotment and Issue of New Ordinary Shares / Proposed Placement / Proposed Acquisition

Description: CIRCULAR TO SHAREHOLDERS IN RELATION TO: (1) THE PROPOSED ALLOTMENT AND ISSUE OF UP TO 240,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY (THE “NEW SHARES”) IN THE FORM OF TAIWAN DEPOSITORY RECEIPTS (THE “TDRS”) IN CONNECTION WITH THE PROPOSED TAIWAN DEPOSITORY RECEIPTS PROGRAMME (THE “PROPOSED TDR PROGRAMME”) SO AS TO RAISE GROSS PROCEEDS OF UP TO S$24 MILLION (THE “PROPOSED ISSUE”); (2) THE PROPOSED ALLOTMENT AND ISSUE OF THE NEW SHARES AT AN ISSUE PRICE OF (I) NO MORE THAN 10% DISCOUNT TO THE WEIGHTED AVERAGE PRICE FOR TRADES OF THE SHARES DONE ON THE SGX-ST FOR THE FULL MARKET DAY UP TO THE TIME THE UNDERWRITING AGREEMENT (AS DEFINED HEREIN) IS SIGNED; AND (II) NOT LESS THAN S$0.10 FOR EACH NEW SHARE (THE “MINIMUM ISSUE PRICE”); (3) THE PROPOSED PLACEMENT OF UP TO 40.0% OF THE TDRS TO BE ISSUED PURSUANT TO THE PROPOSED TDR PROGRAMME TO THE RELEVANT PERSONS (AS DEFINED HEREIN), PROVIDED THAT NOT MORE THAN 5.0% OF THE TDRS SHALL BE PLACED TO EACH RELEVANT PERSON (THE “PROPOSED PLACEMENT”); AND (4) THE PROPOSED ACQUISITION OF THE ENTIRE REGISTERED CAPITAL OF DEDE TECHNOLOGY (AS DEFINED HEREIN) (THE “PROPOSED ACQUISITION”)

 

Z-obee only proposed dual listing in HK and its share price went up from 17c to 23c, rising more than 30%. On the hand, Action Asia has no action even though it is approved for dual listing in Taiwan. Is it bcos Taiwan is lousy than HK or Action Asia is lousy than Z-obee or both reasons ?

 

MISCELLANEOUS :: APPROVAL FROM THE CENTRAL BANK OF TAIWAN FOR THE TAIWAN DEPOSITORY RECEIPTS PROGRAMME (THE "PROPOSED TDR PROGRAMME")

Dec 08 2009

05:14:16 PM

 

MISCELLANEOUS :: APPROVAL IN-PRINCIPLE FOR THE LISTING OF AND QUOTATION FOR UP TO 240,000,000 NEW ORDINARY SHARES (THE "NEW SHARES") IN THE CAPITAL OF ACTION ASIA LIMITED (THE "COMPANY") TO BE ISSUED IN THE FORM OF TAIWAN DEPOSITORY RECEIPTS (THE "TDRS") IN CONNECTION WITH THE PROPOSED TAIWAN DEPOSITORY RECEIPTS PROGRAMME (THE "PROPOSED TDR PROGRAMME")

Nov 06 2009

09:05:38 PM

 

Action Asia----3 mths ended Sep 2009Net Profit (S$M) $6.97 %Change +27.0

 

wait until sianz! no action for this ACTION stock! all gone up except this fishy burger. look goood on the ann. report. but still no action. any view on this stock??

 

parent coy is taiwanese if I'm not mistaken

 

Hi loushare, div already given (see below).

ACTION ASIA LIMITED
Company Registration No.	200206715M
Announcement submitted on behalf of	ACTION ASIA LIMITED
Announcement is submitted with respect to *	ACTION ASIA LIMITED
Announcement is submitted by *	Juliana Loh Joo Hui
Designation *	Company secretary
Date & Time of Broadcast	02-Mar-2009 11:10:23
Announcement No.	00045

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

 

Corporate Action details (e.g. Rights ratio, dividend ratio, tax rate, etc) *	First and Final One-Tier Tax Exempt Dividend of 1.2 cents per ordinary share for the financial year ended 31 Decemer 2008.
Record Date *	07-05-2009
Record Time *	17:00
Date Paid/Payable (if applicable)	19-05-2009