
UPRR18 ( Date: 08-Jul-2013 08:08) Posted:
|
according to the article, the money (lifeline) should be in tomorrow latest. my invest paiseh i'm ikan belis fraction of 1%. Anyway just park there. Now monitor oyher counter, how you find cse one veteran said got potential ?
 
tenacious ( Date: 06-Jul-2013 22:14) Posted:
|
UPRR18, you are absolutely right. None of our investment can beat what AGT has just invested US $3,500,000   in Transcu. So if we are dumb, can I say the AGT is dumber. Of course, they are well advised. Stay invested
SUBSCRIPTION OF BONDS BY AGT As mentioned in the 5 October 2012 announcement, the Company had set aside a portion of the proceeds from the Bonds Issue to assist TL in its rental repayments. As of the date of this announcement, AGT has informed the Company that it intends to subscribe for tranches of Bond Issue amounting to US$3,500,000 and the Company should expect to receive the proceeds within the next seven (7) days. The Company anticipates that part of the proceeds received from the Bond Issue to be sufficient to settle the Judgment Debt before the Agreed Standstill Deadline. Shareholders are advised to exercise caution in trading their Shares. The Company will make the necessary announcements when there are further developments. Shareholders are advised to read this announcement and any further announcements by the Company carefully. Shareholders should consult their stock brokers, bank managers, solicitors or other professional advisers if they have any doubt about the actions they should take.
By Order of the Board Transcu Group Limited
Lawrence Komo
Chief Executive Officer
2 July 2013

rabbitfoot ( Date: 05-Jul-2013 20:07) Posted:
|
UPRR18 ( Date: 05-Jul-2013 08:39) Posted:
|

Brillent88, frankly nothing to be dismayed but something to look forward to ...   afterall a penny stock. The good news is there is a tremendous huge business awaiting the BB. Let the production quickly get ready and churn out ......
oldflyingfox ( Date: 02-Jul-2013 09:15) Posted:
|
I, however quite dismayed over the announcement of " Subscription of Bonds By AGT" .
Firstly, in order to ensure a transparent and strong governance of the company, Transcu has to update its shareholders timeliness of the material impacts & developments of the company etc. Evidently, Transcu has failed to do so. Likes most of the companies do, when they first served a Summon petition of a court case, the company has to immediately update its shareholders of its development.
Secondly, referring to the announcement " Subscription of Bond by ACT" , what does it tell the shareholders? Bond Subscription only??? Are the shareholders suppose to read the " fine line" in order to understand it's relating to a legal battling???
Thirdly, are
the shareholders being informed what is all about Both " judgement
Debt" & " Agreed standstill deadline" ??? There is no such
earlier material announcement elaborating on its progress till then ???
Thank you
the lifeline should be in by the 9 july or maybe sooner. i'm sure the agt is not stupid to put money in during this time unless he is convinced that the bb is turning around.
SUBSCRIPTION OF BONDS BY AGT
As mentioned in the 5 October 2012 announcement, the Company had set aside a portion of the proceeds from the Bonds Issue to assist TL in its rental repayments. As of the date of this announcement, AGT has informed the Company that it intends to subscribe for tranches of Bond Issue amounting to US$3,500,000 and the Company should expect to receive the proceeds within the next seven (7) days. The Company anticipates that part of the proceeds received from the Bond Issue to be sufficient to settle the Judgment Debt before the Agreed Standstill Deadline.
 
@@ never check before submit huh...
brillent88 ( Date: 02-Jul-2013 10:46) Posted:
|
Why complaining against your own interests?  
Actually, the announcement says they are in the negotiations mode.   Once they are ready and price going to climb, it would be settled.   It is always like that in the stock market. 
brillent88 ( Date: 02-Jul-2013 10:46) Posted:
|
Transcu is underperforming company!
No networth of keeping this stock. Just look at what happen after this company is released from Watch list.. Do you see any performance?
Now shareholders are all stuck in this counter due to high expectation that Transcu cannot deliver.