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Outgoing executive directors:
Leong Wing Kong
Teo Yi-Dar (Zhang Yida)
Incoming executive directors:
Hiroshi Takahashi
Hideki Okada
Became a japanese company....
Keep the suspense.
In apr they already announced that one of their majority shareholder is considering selling their 38.88% stake, so one possibility was that there's an offer and had to be extended to all other shareholders too.. maybe at IPO price of 0.26?
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The Board of Directors of Sin Heng Heavy Machinery Limited (the “
wishes to announce that SEAVI Advent Equity V (C) Ltd. (“
shareholder of the Company, had informed the Board that they will as part of their
investment policies, from time to time review their 38.88% investment in the
Company.
In this regard, the Board was informed that SEAVI had been in various discussions
with potential buyers of part or all of their shareholdings in the Company.
SEAVI had stressed to the Board that those discussions have not been conclusive
and there is no certainty or assurance that any definitive or binding agreement will
result from such discussions
Company”)SEAVI”), a substantial
Highly likely good news from the price movement yesterday leh....But who knows....
Good news or bad news - do you think?
Super.White ( Date: 25-May-2012 09:33) Posted:
Suspense.
No movement yet so far till 9:30am.
Watch out for action coming soon.
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Suspense.
No movement yet so far till 9:30am.
Watch out for action coming soon.
No, I'm not.
bryancbq ( Date: 25-May-2012 04:23) Posted:
you are really good. are you a full time trader?
susan66 ( Date: 24-May-2012 19:33) Posted:
Thanks, since yesterday it has been stable, wanted to enter but monitor a while. This morning price movement has improved, so don't hesitate, just went in. Glad that it closed high, waiting for more upside tomorrow. Cheers!  |
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you are really good. are you a full time trader?
susan66 ( Date: 24-May-2012 19:33) Posted:
Thanks, since yesterday it has been stable, wanted to enter but monitor a while. This morning price movement has improved, so don't hesitate, just went in. Glad that it closed high, waiting for more upside tomorrow. Cheers!
3110029 ( Date: 24-May-2012 19:27) Posted:
Su.....Interesting? Well done.  |
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Keep moving up.
More to go.
Su.....Interesting? Well done.
susan66 ( Date: 24-May-2012 10:11) Posted:
Looks like starting to move.....  |
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The number tells today.
Let's see tomorrow and decide yourself.
Looks like starting to move.....
Watch out!!
TT rushing up now ....
I won't be entirely sure the rise is due to Myanmar but I am investing heavily in Myanmar, both in the stocks and my business there.
If you have been in and out of Myanmar for the past 20 years, you can really see the difference now.
The rise of some of the counters mentioned are due to the market sentiment today.
In Myanmar, many of the companies and brands are prefixed with Super + something.
My moniker is Super White. Actually it has nothing to do with the preference of using " Super" in Myanmar. It sounds naughty in Mandarin.
Ha ha.
Hi
Are sure because of Myanmar I think basically market correct that all most counters went up.
Super.White ( Date: 22-May-2012 13:55) Posted:
Interra Res up 5.2%
Sin Heng up 2.1%
Tiong Woon up 2.2%
TT up 5.0%
Yoma up 5.6%
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Interra Res up 5.2%
Sin Heng up 2.1%
Tiong Woon up 2.2%
TT up 5.0%
Yoma up 5.6%
Thanks for the update.
I can see some Myanmar related stocks going up today, except for Yoma who is still in deep slumber.
Interra Res and TT are up.
(Reuters) - The suspension of U.S. sanctions barring investment in Myanmar in response to political reforms in the poor Southeast Asian state opens the door to U.S. companies queuing to scout for business in one of the last frontier markets.
Industrial heavyweights including General Electric Co and Caterpillar Inc are joining rivals from Asia and Europe that have already moved into a market of up to 60 million people in the former British colony. Analysts and experts have said there will be opportunities for foreign companies across the industrial landscape - from energy, mining and construction to agriculture, finance and tourism.
GE, the biggest U.S. conglomerate, said on Friday it was working with the Myanmar government on possible infrastructure projects and opportunities in the healthcare and energy sectors.
" We are looking at healthcare. We are working with the government on energy. Eventually we will look into all of the infrastructure businesses," GE Vice Chairman John Rice told Reuters in Hong Kong.
" We are looking at Yangon's power needs, working with the ministry and the government to figure out how we can help reduce some of the shortages," said Rice, who runs GE's global operations and visited Myanmar in April.
Even before the suspension of sanctions, Caterpillar sold its bulldozers and excavators in Myanmar through an independent dealer - an arrangement it uses around the world. The suspension will allow the world's biggest maker of earth-moving equipment to use its financial services arm to help that dealer expand.
" There had been prohibitions on financial services support, and as we understand it these would be lifted (with the suspension of sanctions) and we believe this will give us an opportunity to support that dealer better, to better allow them to expand and grow and support the customers in the market," said Jim Dugan, a spokesman for the Peoria, Illinois-based company.
U.S. Secretary of State Hillary Clinton announced the suspension of sanctions at a news briefing on Thursday with Myanmar Foreign Minister Wunna Maung Lwin, on his long-isolated nation's first official visit to Washington in decades.
" Today we say to American business: invest in Burma and do it responsibly," Clinton said.
Myanmar, also known as Burma, has huge gas resources, but a dysfunctional power grid, with nationwide rolling blackouts.
A spokesman for automaker Ford Asia told Reuters: " It's very encouraging to see the rapid and positive developments ... We are sure Ford will find opportunities to participate in this ongoing transformation."
Hotel chains and airlines are also looking for a chance to move in -- earlier this year executives of Starwood Hotels & Resorts and Marriott International said they were interested in opening properties in the country.
