Acma    Last:0.024    +0.001

<No Title>

Hi Silentwolf - any new updates on this counter ? there isn't much interest in the past few months but now it appeared to be heading South  !

 

Doris Chung Gim Lian invested into ACMA with up to 60% shares (after placement) of ACMA. Doris Chung Gim Lian is the wife of Chew Hua Seng, Singapore 11th Richest Man (based on his ranking of Forbes Richest 40 in Singapore) as well as the Boss of Raffles Education. We can expect a colorful and flambouyant twist to this "Old Horse" in days ahead.

Beside the strong investor, Creative Master (another SGX-listed company) is heavily vested by ACMA and it is one of the few investment that are doing pretty well in term of it's financial year, as well as it's recent share price. I believe that the fair value of ACMA should be much higher than its current level.