TriTech spin-off listing on Catalist

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9 years 4 months ago #20522 by MacGyver
Zane,

I am no friends of these people and have ZERO idea what they will do to this stock.

It seems quite clear that Tritech is not a fundamental stock and there are "reasons" behind the market movement.

I am no good with this type of stocks. There are many so-called experts in this area. Better if you seek their opinions.

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9 years 4 months ago #20528 by rainmaker
First the marble granite. And worse, now the waste and water management. Do they have so much resources? Likely to ask for more fund $$$. Look at Federal? End up in much bad debt ...

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8 years 11 months ago - 8 years 11 months ago #21434 by Garak
Just announced a $19.4 M contract. After falling for months, the share price jumped 22.8% todayy why?....

infopub.sgx.com/FileOpen/Tritech_Contrac...cement&FileID=326962
Last edit: 8 years 11 months ago by Garak.

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8 years 10 months ago #21632 by Garak
rainmaker, you are right -- partially. The news is a US financial institution is willing to dole out big money to TriTech.

The board of directors (“Board” or “Directors”) of Tritech Group Limited (the “Company” together with its subsidiaries the “Group”) wishes to announce that the Company had on 26
January 2015 received a non-binding letter of an expression of interest from a reputable international financial institution indicating its interest in potentially committing up to USD 3
Billion (in USD or RMB) over the next five (5) years for projects developed by the Company with the following details:

(i) Project Region: China and Asia Pacific region;
(ii) Project Nature: municipal water supply, waste water treatment, water reclamation,
water and environmental monitoring, and other water and environmental related projects; and
(iii) Type of Projects: Build-Operate-Transfer (BOT), Public-Private-Partnership (PPP), etc.
Any commitment or agreement would be subject to the satisfaction at the financial institution’s
discretion of a number of conditions, including, but not limited to:
(a) Receipt of the financial institution’s internal credit committee and Board approvals as necessary;
(b) Due diligence review of the transactions satisfactory to the financial institution;
(c) Receipt of outside consultant reports and appraisals satisfactory to the financial institution;
(d) Receipt of legal opinions satisfactory to the financial institutions;
(e) Execution of final definitive agreements satisfactory to the financial institution; and
(f) Mutual agreement on the pricing to be determined based on market conditions at the appropriate time.
Due to the confidential undertaking provided by the Company to the financial institution, the Company is unable to state the identity of the financial institution in the announcement.


Source: infopub.sgx.com/FileOpen/TGL_LetterofExp...cement&FileID=332820

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