Special Situation stocks

More
07 Sep 2021 09:58 #25866 by yeng
Replied by yeng on topic Special Situation stocks
King Wan has surged to 9 cents !
who's laughing all the way to the bank?

Please Log in or Create an account to join the conversation.

More
07 Sep 2021 10:57 #25867 by hh488
Replied by hh488 on topic Special Situation stocks
But the result of the right issue still unknown. Closing date for payment was 31 August. Why take so long to allocate the issue? Maybe SS deciding whether to allocate more to themselves?

Please Log in or Create an account to join the conversation.

More
07 Sep 2021 13:24 #25868 by yeng
Replied by yeng on topic Special Situation stocks
links.sgx.com/FileOpen/King%20Wan_Offer%...cement&FileID=678522

see pg 22 of above link for dates.

7 Sept: Issue of rights shares
8 Sept: Crediting of rights shares
8 Sept: Start of trading of rights shares.

Please Log in or Create an account to join the conversation.

More
10 Sep 2021 13:06 - 10 Sep 2021 13:07 #25869 by yeng
Replied by yeng on topic Special Situation stocks
King Wan holds 112.3 m shares of Kaset Thai, currently valued at SGD23 million. Stock price: 5.05 baht

Compare that with market cap of King Wan of ard SGD 43 million , post-rights issue.

King Wan has exposure to booming bulk carrier biz but it's only a 30% stake in a single ship .
Last edit: 10 Sep 2021 13:07 by yeng.

Please Log in or Create an account to join the conversation.

Share Prices

Counter NameLastChange
AEM Holdings4.180-0.070
Avarga0.285-0.010
Avi-Tech Electronics0.395-
BH Global0.260-
China Sunsine0.490-0.010
Food Empire0.760-0.010
Fortress Minerals0.365-0.025
Golden Energy0.290-0.015
GSS Energy0.073-0.004
InnoTek0.810-0.015
ISDN Holdings0.645-0.030
ISOTeam0.115-0.003
IX Biopharma0.225-
KSH Holdings0.350-
Leader Env0.079-
Medtecs Intl0.370-0.055
Moya Asia0.065-0.001
Nordic Group0.355-
Oxley Holdings0.200-0.010
Procurri0.305-
REX International0.189-0.010
Riverstone1.000-0.130
Roxy-Pacific0.4700.065
Southern Alliance Mining0.960-0.030
Sri Trang Agro1.340-0.050
Straco Corp.0.4750.005
Sunpower Group0.625-0.010
The Trendlines0.100-0.002
UG Healthcare0.345-0.060
Uni-Asia Group1.050-0.050
Wilmar Intl4.080-0.030
Yangzijiang Shipbldg1.440-0.040
Yinda Infocomm0.215-0.005

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 892 guests and no members online