OLS Enterprise   

Transcu

ELF of $72 million showed the credibility of Transcu in the eyes of big corporate lenders.  The possibility of share appreciation being one of the criteria for granting loans ELF, and this give Transcu an edge whenever it needs money for realisation of opportunities it can get the funds.

BUY if you can as usual with dd.

 

crisis opportunity

 

looking foward to 11 again.

 

... hehe

 

see, every communication a zero is being removed. so the next talk will be 7.2k . haha....

 

It should be SGD $72 millions (not S$72K)...

 

 

it burned over US$2m a mth, S$720k cant even sustain a mth


Market Bites   Read All

10-Dec	Suntec Real Estate Investment Trust - S$700 mln debt fully discharged by HSBC
10-Dec	Transcu Group Limited - Gets S$720,000 investment from Yorkville

 

Transcu, a life sciences company engaged in the research, development and commercialization of
cutting-edge technologies to improve the quality of life, may use the funds for the Group’s general
corporate and working capital purposes and to further develop its existing business portfolio which
includes pharmaceutical, cosmetics and green technology businesses. Under the terms of the ELF,
Transcu may at its discretion, raise up to a total of S$72,000,000 of equity capital in tranches, from
YA Global over a period of 24 months, in exchange for the issue of new ordinary shares, to be
based on the terms and pricing in accordance with the ELF Agreement.
Mr. Akihiko Matsumura, CEO and Executive Director of Transcu, commented, “We are extremely
pleased to welcome Yorkville as a long-term strategic capital partner to help achieve our strategic
objectives”. He further noted, “The ELF will provide us with additional financial flexibility to
fund our core businesses, in particular, our green business which has seen a lot of positive
developments recently. At the same time, we will continue to strike a balance with our ongoing
efforts to improve our operational and financial efficiency.”
With respect to its Green Business, Transcu has recently set up a Joint Venture company with
Nanomizer Pte. Ltd. for the joint development and commercialization of its Nano-Emulsion Fuel
System (“NEFS”), a technology that produces energy-efficient fuel that realises substantial fuel
savings and reduces gas emissions. Transcu is targeting to penetrate the shipping,
power-generation, logistics and construction markets in Asia and Europe for its NEFS by FY2010.
The Group has also just increased its stake in Biomass Energy Corporation, a Japanese
gastification technology company, and is currently involved in projects that deploy its
technologies in Japan. Transcu’s Green Business push is timely given the global emphasis on
environmental matters and sustaintable development with regard to global warming and resultant
climate change.
Anthony Chan, Managing Director and Head of Asia at Yorkville HK said, “We are excited about
the prospects for Transcu with its proprietary technologies and proven ability to commercialize
key product technologies. As Transcu takes proactive steps to streamline its businesses to focus on
its core strengths, we hope to contribute to the growth of this dynamic company by providing an
efficient channel for equity financing and being a capital partner.”
Philip Ho, Senior Managing Director and Head of Global Capital Markets for Yorkville added,
“Yorkville HK has advised Yorkville on the closing of twelve transactions in this region since the
first quarter of 2009. The transactions have been focused on companies with their principal
operations in Singapore, Korea, Australia and Japan. Our investment in Transcu is indicative of
Yorkville’s global investment approach, and we look forward to becoming a long term partner and
providing financial support to aid Transcu’s growth strategy.”


 

 

buying on hope for biomass

 

This counter has formed the double bottom.  So some MFT are predicting it to spike very soon.  Tg px around 22-28 cents.

ROI25per      ( Date: 23-Nov-2009 16:21) Posted: tis wil go down below 10 and later ask for 10:1 consolidation, i foresee...

 

tis wil go down below 10 and later ask for 10:1 consolidation, i foresee...

 

Think 29 million is bought back after short one lah.  Remember the brokerage that waited for the price went up near 20 cents then blacklist the counter.  Must have sold first then restrict.  This is normal and shows possibility of the fraility of human nature in terms of greed and wanton bravery..  If I from CAD definitely I'd question those who play tricks.  Hahaha.

ROI25per      ( Date: 23-Nov-2009 15:45) Posted: still quite strong @10.5

 

Some BB is holding... so could be going up...

 

still quite strong @10.5

 

 

 somebody hoot 29m @ 10c, got chance to go below 10c....


  Slingshot Server dead or Java not enabled.

 

Obviously Transcu is already at the floor, being summerslammed.  It either wakes up or stay laying there. Hehe.

woowoo      ( Date: 13-Nov-2009 14:56) Posted: yes, be careful, got chance to go up, hehe .....

 

yes, be careful, got chance to go up, hehe .....

 

You shouting it down? Becareful, it will shoot up instead,  if you want to try to shout it down. Hehe.

ROI25per      ( Date: 13-Nov-2009 11:33) Posted: selling expenses US$3.881m more than the rev US$1.991m, it is like paying pple to buy ur good tis q ~8m loss; worst than expected of 2m per mth burn rate 5cents here we come but before tat R9.6 [placement price]is a barrier

 

selling expenses US$3.881m more than the rev US$1.991m, it is like paying pple to buy ur good

tis q ~8m loss; worst than expected of 2m per mth burn rate

5cents here we come but before tat R9.6 [placement price]is a barrier

 

3 months ended 30 Sep 2009  
 
US$’000 Net loss   (8,025)

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8D4083D17E77B4B64825766B0037F628/$file/2QFY10.pdf?openelement