
how much more it's gonna drop further? what is the resistance n support?
anybody can adv? thks
hi,
new on the market, what do u all think of the chances of going up or will it still go down further?
Octavia ( Date: 30-Jul-2013 16:39) Posted:
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It alrdy official the grp had terminated the proposed reverse-takeover offer by Max Strategic Investments (the energy business of Max Myanmar group, owned by Myanmar’s tycoon U Zaw Zaw).
The group also informed shareholders that it is actively seeking other potential investments and proposals to enhance its financial position and is requesting a time extension to meet the minimum listing criteria in order to be removed from SGX Watch-List by 6 Sep 13, failing which the company will be de-listed.
seanpent ( Date: 30-Jul-2013 15:17) Posted:
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Octavia ( Date: 30-Jul-2013 14:47) Posted:
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Not surprised that the deal fell though.They can come up with another sexy story again.
Sometimes I feel that these RTO deals are a syndicate devised by the SSH & BBs.Their plan is to make the counter alive and suck money from the retailers.So in the end who are the fools?Sigh.
seanpent ( Date: 30-Jul-2013 14:34) Posted:
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will it be a blessing since it's possible to open itself up to other even better choices ?
Octavia ( Date: 30-Jul-2013 14:29) Posted:
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Aussino's RTO plan with Myanmar energy group falls through
Bedlinen retailer Aussino Group on Tuesday said its reverse takeover (RTO) deal with the energy business of Max Myanmar Group has been terminated. This was because conditions to their sale and purchase (S& P) agreement signed last year had not been fulfilled or waived within the deadline of 12 months from the agreement dates. " Separately...the parties thereto are obliged to discuss in good faith and explore potential ways to restructure the transactions contemplated in the S& P agreement within three months of the SGX-ST's rejection of the application,'' the company said in a statement. " The company and the vendor had not been able to arrive at a mutually agreeable structure for the proposed acquisition," it added.

dicksonh ( Date: 25-Jul-2013 16:29) Posted:
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seanpent ( Date: 25-Jul-2013 15:13) Posted:
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Wolong ( Date: 25-Jul-2013 12:10) Posted:
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seanpent ( Date: 25-Jul-2013 11:24) Posted:
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