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Veteran Hotokee, you said, " Transcu is in dormant mode temporarily. This sleeping beauty will wake up one day full of glamour and grace and you will love it very much" It was said during the worst disaster in Japan, Tsunami. Did you see something that the rest did not ?
Could it be the MISSION OF THE COMPANY, the quest or pursuit they have in acquiring Biomass Energy Corporation. Initiation of Phase 1 Clinical Study in Japan of a Pharmaceutical Drug Formulation which is the subject of the Licensing Agreement with Otsuka Pharmaceutical Co., Ltd concluded in 2007.
It took them 6 long years to finally announce, Transcu’s biomass business appoints manufacturing partner and enters into a joint development agreement in Japan.
FINALLY, there no need to guess anymore ......
Transcu’s biomass business appoints manufacturing partner and enters into a joint development agreement in Japan.
SINGAPORE – 22 March 2013 – Mainboard-listed Transcu Group Limited (“Transcu” and together with its subsidiaries, “the Group”), a Life Sciences company engaged in the research, development and commercialisation of cutting-edge technologies to improve the quality of life, is pleased to announce that the Group’s subsidiary, Biomass Energy Corporation (“BME”), has recently signed two agreements in Japan with Olympia Kogyo Co Ltd (“Olympia”) and Chiyoda Technol Corporation (“Chiyoda”) respectively.
Founded in 1965, Olympia has operations in Japan and China. The partnership with Olympia provides an established manufacturing platform for BME that major Japanese customers recognize and trust, and will be pay a strategic role for the BME business expansion going forward.
Meanwhile, Chiyoda is a pioneer and leading radioisotope applications manufacturer in Japan, and is handling products of Areva of France which is known as the prime brand for radioactive and nuclear energy related technologies. BME has entered into an agreement with Chiyoda to jointly develop biomass energy plants to remove radioactive cesium from the contaminated wood in Fukushima prefecture. Established in 1958, Chiyoda has taken over the production responsibilities of radioisotopes from the Japan Atomic Energy Research Institute in April 2000, and has expanded their business activities to cover the medical, nuclear energy and general industrial fields.
Some may have said this " one really rubbish stock" , Don't dismiss it just yet, check it up for yourself ...... as the saying goes " You can count the seeds in an apple, but you can't count the apples in a seed." ..... who would have known that this ugly duckling could turn into a ........ " Beautiful Swan"
Cheers
Want to know why and what is emerging from Transcu, now this is precisely what you need to know ...
While others are starting to enter into the market. Transcu's subsidiary, BIOMASS Energy Corporation (" BME" ) already started in 2010, three of its biomass projects received grants from the Ministry of Agriculture, Forestry and Fishery in Japan which focuses on developing novel technologies to produce renewable energy alternatives, ..... watch out for this BB before it is too late ..
" Biomass is a renewable source of energy that is expected to be more economical than fossil fuel and its worldwide demand has been increasing significantly," said chief executive Christopher Do. He added that IEV's entry into the renewable energy sector will allow the group to explore the " vast opportunities" beyond biomass in the Asia-Pacific region. " With that we are able to deliver renewable energy to markets that the company cannot serve with its current mobile natural gas business,"
However, IEV said it had conducted extensive study and market research over nine months to determine the feasibility of the business. It aims to target the international market for its biomass products, beginning with North Asian countries including Taiwan and Korea, for power generation and industrial use.
I was told major restructuring is taking shape with " THE APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER"
" The Company is pleased to announce that ASIAN CORPORATE ADVISORS has been appointed as the independent financial adviser (the “IFA”) to opine that the transactions contemplated under the Proposed Transactions, being interested person transactions as defined under Chapter 9 of the Listing Manual, are on normal commercial terms and are not prejudicial to the interests of the Company and its minority Shareholders. The IFA has also been appointed to advise the Company’s independent Shareholders in relation to the Whitewash Resolution."
NOW IS THE TIME ......... YOU DECIDE before the train leave the station.
Senior,
Understand BB has new strategic direction in both USA and Japan. Also breakthrough in their R& D and they have signed a comprehensive sale order.
Maybe that's why they are getting funding.
Today queue whole day for $0.011, did not kana .... maybe should ...... let see how the market response today. Tired already Zzzzz......
Thanks for the tips. This BB has something that really need to watch and see ..... enter when it is good ... anyway market is starting
Just take note of the previous few private placement price, below that will be a good entry point.
Yeah, but they can also in potential to be multi-penniless.
If it does not rebound from here, it most likely on its way down to new historical low of $0.09 if the severe correction kicks in.
Bopanha ( Date: 11-Mar-2013 11:50) Posted:
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SlimGrade ( Date: 11-Mar-2013 11:42) Posted:
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APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER
The Board of Directors (the " Board" ) of Transcu Group Limited (the " Company" ) refers to the announcement of the Company on 31 January 2013 in connection with the Proposed Transactions (the " Announcement" ). Unless otherwise defined, capitalized terms used in this announcement shall have the same meaning as defined in the Announcement. ASIAN CORPORATE ADVISORS has been appointed as the independent financial adviser (the " IFA" ) to opine that the transactions contemplated under the Proposed Transactions, being interested person transactions as defined under Chapter 9 of the Listing Manual, are on normal commercial terms and are not prejudicial to the interests of the Company and its minority Shareholders. The IFA has also been appointed to advise the Company’s independent Shareholders in relation to the Whitewash Resolution.
TRANSCU GROUP LIMITED
Lawrence Komo
Chief Executive Officer
27 February 2013
The Company is pleased to announce that
Shareholders are advised to exercise caution in trading their shares. The Proposed Transactions are subject to numerous conditions. There is no certainty or assurance as at the date of this Announcement that the Proposed Transactions will be completed, or that no changes will be made to the terms thereof. The Company will make the necessary announcements when there are further developments on the Proposed Transactions. 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 advisors if they have any doubt about the actions they should take.
By Order of the Board
tankuku ( Date: 18-Feb-2013 14:27) Posted:
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So all bond convert to share around $0.012 which is good news. Next if will definately move higher. Good luck to all who vest and huat ah $$$$$$
Wa ....So many maybe .....
Maybe canbuy ....
Maybe too late liao ....
Remenber see it drop from 20 till 12 recently .......
Maybe really canbuy......
Bopanha ( Date: 18-Feb-2013 14:20) Posted:
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