Friday, 16 August 2013

Some Fundamental info regarding Liongold, Pan-United, Rex Intl and ISOTeam

LionGold Corp Ltd announced that it has on 14 August 2013 entered into an agreement with Carnegie Hall Group LLC, Platinum Partners Liquid Opportunities Fund and Spring Road Advisors LLC. Pursuant to the Subscription Agreement, the Company has agreed to allot and issue and the Subscribers have agreed to subscribe for up to: (a) 180 million new ordinary shares in the capital of the Company  at an issue price of S$1.10907 per Placement Share; and (b) 135 million new detachable warrants, each entitling the holder of such warrant to subscribe for one (1) new ordinary share in the capital of the Company at S$1.3555 per New Share, subject to the terms and conditions as set out in a deed poll constituting such warrants at an issue price of S$0.02. The Placement will be conducted in three tranches of (a) 90 million Placement Shares and 45 million Placement Warrants under Tranche 1 Placement, (b) 45 million Placement Shares and 45 million Placement Warrants under Tranche 2 Placement, and (c) 45 million Placement Shares and 45 million Placement Warrants under Tranche 3 Placement. (Closing Price S$ - , - %)

Pan-United Corporation Ltd announced that Pan-United Infrastructure Pte. Ltd, a wholly-owned subsidiary of the Company, has, together with Petroships Investment Pte Ltd, a private limited company incorporated in Singapore, on 14 August 2013 entered into a sale and purchase agreement with Macquarie International Infrastructure Holding Limited, a wholly owned subsidiary of Macquarie International Infrastructure Fund Limited, a mutual fund company listed on the Mainboard of the Singapore Exchange Securities Trading Limited, in relation to the sale and purchase of 20,000,000 shares in the capital of Singapore Changshu Development Company Pte. Ltd. (representing 40% of the total issued shares of SCDC). Pursuant to the Sale and Purchase Agreement: (a) MIHL will sell to PUI, and PUI will purchase 18,000,000 shares in the capital of SCDC (representing 36% of the total issued shares of SCDC) for a cash consideration of S$100,980,000; and (b) MIHL will sell to Petroships, and Petroships will purchase 2,000,000 shares in the capital of SCDC (representing 4% of the total issued shares of SCDC) for a cash consideration of S$11,220,000 (Closing Price S$ 0.910, 0.552%)

Rex International Holding Limited signed a term-sheet with Norwegian private equity investor Pareto Staur SPV1 AS, providing the Company with access to three new onshore exploration & production opportunities in the island nation of Trinidad and Tobago in the Caribbean. Rex International Holding will invest USD 9 million for a 51.99 per cent stake in Rex Caribbean Oil Company Ltd, while Pareto Staur will invest USD 6.5 million for a 34.76 per cent stake. The transaction will involve the initial investment into three E&P licenses; namely, the Inniss-Trinity field, the South Erin Block and the Cory Moruga Block ‘E’. These assets already have producing discoveries and Rex Caribbean Oil Company will, after completion of the farm-in activities, hold 100 per cent of the Inniss-Trinity field and working interest of 75 per cent in the South Erin Block and 51 per cent in the Cory Moruga Block ‘E’. The transaction is expected to be completed in the coming weeks and is subject to regulatory due diligence. (Closing Price S$ 0.820 3.145%)

ISOTeam Ltd. announced that the following contracts have been secured by the Group: (i) TMS Alliances Pte. Ltd., a wholly owned subsidiary of the Company, has been awarded the tender with a contract value of approximately $5.47 million by Ang Mo Kio Town Council to carry out repairs and redecoration works to 27 HDB blocks at Ang Mo Kio Avenue 6, Avenue 8 and Avenue 9. The completion of this project is expected to take place in November 2014; (ii) ISO-Team Corporation Pte Ltd, a wholly owned subsidiary of the Company, has secured a project worth approximately $1.63 million from SKK (S) Pte Ltd to undertake repairs and redecoration works at Blks 402 to 411 and Blks 413 to 417 Bukit Batok West Avenue 2, Avenue 4 and Avenue 7. The completion of this project is expected to take place in April 2014; and (iii) ISO-Team Corporation has been awarded the tender with a contract value of approximately $3.77 million by Pasir Ris – Punggol Town Council to carry out repairs and redecoration works to 17 blocks at Blks 130 to 146 Pasir Ris Street 11. The completion of this project is expected to take place in August 2014, In addition to the Contracts secured, the Board also wishes to update that based on the provisional tender results released by Jurong Town Council, TMS Alliances has emerged as the lowest tenderer in respect of the project to carry out repairs and redecoration works to 14 blocks of flats in Bukit Batok East Division. The value of this project is approximately $2.38 million. (Closing Price S$ 0.395, 2.597%)

958访谈9月21日:展望2017年股市与经济:美国联储局都不看好美国经济?

·         美国联储局都不看好美国经济? 道琼斯昨晚闭市在 22412 点,涨了 41 点。 昨晚最大的新闻就是联储局的会议。联储局的主席耶伦讲了几样事情: 1)   第一: 联储局保持利率不变 , 但耶伦也表示今年还会加息一次。 这其实和原本的预测一样...