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Good question.
already drop near 10%, when it rebounce
anyone know why it keep drop when STI index up
Is the price drop due to the new issuance of shares for the staff/board?
3.2 Clarification
In view of the enquiries received from shareholders, the Company would also like to take the opportunity
to clarify that, based on current assessments, it reasonably expects any conversion of the Convertible
Bonds into Conversion Shares to be higher than the Minimum Conversion Price of S$0.288 per
Conversion Share, which is a floor price agreed between the Company and the Investor to comply with
Rule 811(2)(a) of the Listing Manual1.
In particular, the Company would highlight that:
(a) If the HK Dual Listing takes place within 9 months of the Closing Date by way of introduction, the
conversion price will be the lower of:
(i) S$0.40; or
(ii) 120% equivalent of the 30 days' average closing price of the Shares prior to the HK Dual
Listing (“Average Closing Price”),
subject to the conversion price being a minimum of S$0.288.
By way of illustration only, assuming the Average Closing Price is between S$0.30 to S$0.40, the
conversion price would be in the range of S$0.36 to S$0.40. In the event of the Investor
converting in entirety the Convertible Bonds, and taking into account its Placement Shares, the
Investor would own approximately 9.15% to 9.95% of the issued Shares (assuming a US$1 to
S$1.37 exchange rate)2;
(b) If the HK Dual Listing takes place within 9 months of the Closing Date by way of new Offer
Shares, the conversion price will be the higher of:
(i) the issue price per Offer Share (“Issue Price”) on the prescribed discounted basis, which
is:
(1) between 10% to 20% discount to the Issue Price where the Issue Price is
between S$0.32 and S$0.40; and
(2) 20% discount to the Issue Price where the Issue Price is above S$0.40; or
(ii) S$0.288.
By way of illustration only, assuming the Issue Price is between S$0.38 to S$0.50, the conversion
price would be in the range of S$0.323 to S$0.40. In the event of the Investor converting in
entirety the Convertible Bonds, and taking into account its Placement Shares (but before taking
into account the new Offer Shares), the Investor would own approximately 9.15% to 10.85% of
the issued Shares (assuming a US$1 to S$1.37 exchange rate); and
(c) If the HK Dual Listing does not take place within 9 months of the Closing Date, the conversion
price shall be S$0.40.
now i'm hoping the dual listing in HK don't go through... then it'll straight away be $0.40!
sgx ok for listing,see details at SGX
dc16888 ( Date: 06-Aug-2010 08:02) Posted:
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unable to see chart, 404-file not found too.
novicealex ( Date: 06-Aug-2010 06:13) Posted:
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Basically it will show 404-File not found.
Is it quite interesting that you can still see the chart...
oinkoink1999 ( Date: 05-Aug-2010 22:49) Posted:
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hi..i hv no problems viewing the chart...wat browser r u using?
Hi,
Do ensure your link works before posting.
Uptrend still in tact and also Good for long term investment.
http://mystocksinvesting.com/singapore-stocks/china-animal-health/china-animal-healthcare-up-trend-still-intact/
All good news has been priced in I suppose.
operation_pesb ( Date: 05-Aug-2010 11:00) Posted:
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0.32 is history alr... =)
Have they listed already?
Still in process meh.
ravikp ( Date: 04-Aug-2010 16:08) Posted:
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Allama...listing in HK liao...you dunno le..
alexchia01 ( Date: 04-Aug-2010 16:02) Posted:
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What news?
ravikp ( Date: 04-Aug-2010 15:58) Posted:
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Any time the news will come out...cheongggggggg ah
sarsar ( Date: 04-Aug-2010 15:21) Posted:
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Yes... good to see it moves
BBs accumulated enough alr... time to fly already.
Today is still a Good Day to Buy ChinaAniH. 
alexchia01 ( Date: 30-Jul-2010 11:29) Posted:
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