
YING LI INTERNATIONAL REAL ESTATE LIMITED
(Incorporated in the Republic of Singapore)
(Company Registration No. 199106356W)
ACQUISITION OF NEW SUBSIDIARY
The Board of Directors of Ying Li International Real Estate Limited (the “
announce that the Company has on 19
SHINY PROFIT ENTERPRISES LIMITED (“Shiny”). Shiny is a company incorporated in the British
Virgin Islands with an initial issued and paid-up capital of US$10,000 comprising of 10,000 shares of
US$1.00 each.
The principal activity of Shiny is that of an investment holding company.
The above transaction is not expected to have any material impact on the earnings per share and net
tangible assets per share of the Company for the current financial year.
None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in
the above transaction.
BY ORDER OF THE BOARDCompany”) is pleased toth January 2010 acquired a new wholly-owned subsidiary,
YING LI INTERNATIONAL REAL ESTATE LIMITED
Xie Xin
Director
Date: 20th January 2010
J.P. Morgan (S.E.A.) Limited is the financial adviser to the Company in relation to the reverse
takeover of the Group. This announcement has been prepared and released by the Group.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3D01BC6B24FDAA8B482576B1003A042E/$file/Yingli_Announcement_20Jan2010.pdf?openelement
14:59:12 | 0.63 | 3,000,000 | Buy Up |
15:07:25 | 0.635 | 4,322,000 | Buy Up |
15:23:31 | 0.64 | 1,057,000 | Buy Up |
15:24:31 | 0.645 | 3,444,000 | Buy Up |
15:28:50 | 0.65 | 2,000,000 | Buy Up |
15:47:06 | 0.65 | 2,539,000 | Buy Up |
qwerty84 ( Date: 19-Jan-2010 15:06) Posted:
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PLANS FOR THE DEVELOPMENT OF LU ZHU COMMERCIAL PROJECT AND ACQUISITION OF TWO DEVELOPMENT SITES IN CHONGQING’S PRIME CENTRAL BUSINESS DISTRICT.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_9B5C5E36F7853535482576AF00829920/$file/Yingli_Press_Release.pdf?openelement
qwerty84 ( Date: 19-Jan-2010 09:11) Posted:
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Load before more people saw the announcement. Announcement at 7.48am
This counter is quite attractive for mid-term investment now...
bh704428 ( Date: 14-Jan-2010 19:21) Posted:
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if can reach $1.20 in 2 years time, then really wonderful news for those vested becos 100% upside from current 62 cts.
Now if put money in Fixed deposits for 2 years , I think max also 1.5% FD interest rate only
swisssaints ( Date: 14-Jan-2010 18:19) Posted:
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maybe strong rebound instead?
btw, got many brokerages give Yingli a price target of $1plus to $1.20plus, an almost 100% upside from current 62 cts
swisssaints ( Date: 13-Jan-2010 15:11) Posted:
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