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PROPOSED DISPOSAL OF 75% EQUITY INTEREST IN KSB CHINA HOLDINGS PRIVATE LIMITED - COMPLETION
Capitalised words which are not defined in this announcement shall carry the same meanings ascribed to them in the announcement dated 18 June 2013 and circular to shareholders dated 2 August 2013.
Further to the extraordinary general meeting held on 29 August 2013, the Board of Directors of Elite KSB Holdings Limited (the "
BY ORDER OF THE BOARD
Company" ) is pleased to announce that the disposal of the Company?s entire 75% equity interest in KSB China has been completed on 6 September 2013 and accordingly, KSB China has ceased as a subsidiary of the Company.
6.6c
nothing like dat...money is from sale of subsidiaries...one of which is Jordan that had been in the pork supply biz....so ... I cannot buy loh....
WanSiTong ( Date: 05-Sep-2013 05:57) Posted:
Bro, May we know what does it regarding?
Hmmm.... very serious shareholder / potential SH hor!
tea444u ( Date: 05-Sep-2013 01:35) Posted:
hmm..mainly chicken then... still got pork though right? gosh...i have written a mail and now waiting for a reply from them.
thanks wan si tong .. |
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They sold off everything liao. Empty Shell now
Bro, May we know what does it regarding?
Hmmm.... very serious shareholder / potential SH hor!
tea444u ( Date: 05-Sep-2013 01:35) Posted:
hmm..mainly chicken then... still got pork though right? gosh...i have written a mail and now waiting for a reply from them.
thanks wan si tong ...
WanSiTong ( Date: 04-Sep-2013 21:01) Posted:
The Company was incorporated in Singapore on 8 February 2001 under the name of KSB Food Industries Pte Ltd. On 23 September 2003, the Company changed its name to Elite KSB Holdings Pte Ltd and adopted the current on 26 November 2003.
Its primary business is that of chicken slaughtering, processing and distribution of fresh chicken products. Its products are marketed and sold under the in-house brands of Singapore's major supermarkets such as the Cold Storage Group and NTUC FairPrice. The Group also markets its products under the " PERGAS" brand and has its own retail line of fresh chicken products marketed under the " Ayam21" and " Top Fresh" brands. |
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Yes they disposed off their KSB Singapore operations already (That why they paid 35c +5.5c dividend). Now they are going to dispose the KSB China (EGM oredi approved).
Currently they do not have any
significant operations. They are investment holdings Co.ZeeZee ( Date: 05-Sep-2013 03:40) Posted:
didnt they sell their business already?
Elite KSB Holdings Limited does not have significant operations. Previously, it was engaged in importing, processing, and distributing chicken, pork, and other meat products in Singapore. The company was incorporated in 2001 and is based in Singapore.
tea444u ( Date: 05-Sep-2013 01:35) Posted:
hmm..mainly chicken then... still got pork though right? gosh...i have written a mail and now waiting for a reply from them.
thanks wan si tong .. |
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didnt they sell their business already?
Elite KSB Holdings Limited does not have significant operations. Previously, it was engaged in importing, processing, and distributing chicken, pork, and other meat products in Singapore. The company was incorporated in 2001 and is based in Singapore. tea444u ( Date: 05-Sep-2013 01:35) Posted:
hmm..mainly chicken then... still got pork though right? gosh...i have written a mail and now waiting for a reply from them.
thanks wan si tong ...
WanSiTong ( Date: 04-Sep-2013 21:01) Posted:
The Company was incorporated in Singapore on 8 February 2001 under the name of KSB Food Industries Pte Ltd. On 23 September 2003, the Company changed its name to Elite KSB Holdings Pte Ltd and adopted the current on 26 November 2003.
Its primary business is that of chicken slaughtering, processing and distribution of fresh chicken products. Its products are marketed and sold under the in-house brands of Singapore's major supermarkets such as the Cold Storage Group and NTUC FairPrice. The Group also markets its products under the " PERGAS" brand and has its own retail line of fresh chicken products marketed under the " Ayam21" and " Top Fresh" brands. |
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hmm..mainly chicken then... still got pork though right? gosh...i have written a mail and now waiting for a reply from them.
thanks wan si tong ...
WanSiTong ( Date: 04-Sep-2013 21:01) Posted:
The Company was incorporated in Singapore on 8 February 2001 under the name of KSB Food Industries Pte Ltd. On 23 September 2003, the Company changed its name to Elite KSB Holdings Pte Ltd and adopted the current on 26 November 2003.
Its primary business is that of chicken slaughtering, processing and distribution of fresh chicken products. Its products are marketed and sold under the in-house brands of Singapore's major supermarkets such as the Cold Storage Group and NTUC FairPrice. The Group also markets its products under the " PERGAS" brand and has its own retail line of fresh chicken products marketed under the " Ayam21" and " Top Fresh" brands.
tea444u ( Date: 04-Sep-2013 20:44) Posted:
| hi they are also in pork supply business right |
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The Company was incorporated in Singapore on 8 February 2001 under the name of KSB Food Industries Pte Ltd. On 23 September 2003, the Company changed its name to Elite KSB Holdings Pte Ltd and adopted the current on 26 November 2003.
Its primary business is that of chicken slaughtering, processing and distribution of fresh chicken products. Its products are marketed and sold under the in-house brands of Singapore's major supermarkets such as the Cold Storage Group and NTUC FairPrice. The Group also markets its products under the " PERGAS" brand and has its own retail line of fresh chicken products marketed under the " Ayam21" and " Top Fresh" brands.
tea444u ( Date: 04-Sep-2013 20:44) Posted:
hi they are also in pork supply business right?
WanSiTong ( Date: 04-Sep-2013 17:11) Posted:
Hope this chicken can fly like Ocean Sky!!
There are similarities between these 2 Cos |
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hi they are also in pork supply business right?
WanSiTong ( Date: 04-Sep-2013 17:11) Posted:
Hope this chicken can fly like Ocean Sky!!
There are similarities between these 2 Cos.
WanSiTong ( Date: 04-Sep-2013 10:27) Posted:
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Hope this chicken can fly like Ocean Sky!!
There are similarities between these 2 Cos.
WanSiTong ( Date: 04-Sep-2013 10:27) Posted:
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Elite KSB lai leow !!?
Dividend date payable not announce yet.
Miss the 35c CD last yr.Then come the 5.5c and now 6.6c.Share px has yet to recover fully after the 5.5c payout.Very slowing moving..no vol..bb not in.RTO or new business deal still vague.
Monitor first.:)
WanSiTong ( Date: 03-Sep-2013 11:21) Posted:
CA 6.6c soon...................... |
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CA 6.6c soon......................
is it still in pig slaughtering biz? or is the money from the dividend payout coming from the outright sale of all of its abbatoir biz in China?
Can anyone confirm ? thanks
Wolong ( Date: 28-Aug-2013 20:48) Posted:
| This is a good stock,can start to accumulate more...look at the chart,slowly climb up.Must confident dun missed out this rarely chance.
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Hopefully they will announce any RTO news soon.............
Question....usually such news is considered positive n ideally moves the stk px?
Thx.
WanSiTong ( Date: 29-Aug-2013 20:32) Posted:
The Board of Directors of Elite KSB Holdings Limited (the Company) is pleased to announce that at the Extraordinary General Meeting of the Company held on 29 August 2013, all resolutions relating to the matters as set out in the Notice of Extraordinary General Meeting were duly passed.
WanSiTong ( Date: 27-Aug-2013 10:09) Posted:
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The Board of Directors of Elite KSB Holdings Limited (the Company) is pleased to announce that at the Extraordinary General Meeting of the Company held on 29 August 2013, all resolutions relating to the matters as set out in the Notice of Extraordinary General Meeting were duly passed.
WanSiTong ( Date: 27-Aug-2013 10:09) Posted:
WanSiTong ( Date: 20-Aug-2013 10:20) Posted:
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NOTICE OF EXTRAORDINARY GENERAL MEETING that an Extraordinary General Meeting of Elite KSB Holdings Limited (the ?Company?) will be held at 8 Wilkie Road, #03-01 Wilkie Edge, Singapore 228095 on 29 August 2013 at 10.00 a.m. for the purpose of considering and, if thought fi t, passing with or without modifi cations, the following resolutions:-
NOTICE IS HEREBY GIVEN
SPECIAL RESOLUTION
PROPOSED CAPITAL REDUCTION AND CASH DISTRIBUTION
(a) the share capital of the Company be reduced by an amount of approximately S$8.94 million and that such reduction be effected and satisfied by returning to shareholders of the Company an amount of S$0.066 per share in cash
(b) ......
ORDINARY RESOLUTION - PROPOSED DISPOSAL
THAT:
(a) approval be hereby given for the Company to dispose its 75% equity interest in KSB China Holdings Private Limited for a consideration of S$10,572,331 to Chew Ghim Bok, subject to the terms and conditions of the disposal agreement dated 18 June 2013
(b) ....... |
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Still no News ? Anyone attend the EGM this morning?
