KOH BROTHERS

Trading halt. What announcement could it be for? Can't be privatisation.... LOL. Big contract to announce? Can't be - they can wait until market is closed in a matter of hours. Sale of Sun Plaza? Hmmmmm, what do you think?

No announcement yet but there is a 1,000,000 shares queuing to buy at 29 cents.
29 cents???? What do these guys know?

re post by KOH KOH which referred to possible sale of Sun Plaza by Koh Brothers.
I would say this is highly unlikely -- Heeton, who is the co-owner of Sun Plaza, has not asked for a trading halt today!

If any asset sale by Koh Bros is involved, it would be either Oxford Apartments or Alocassia Apartments. There is a write-up on the company and its stock performance & share buyback, and what not  >
KOH BROTHERS: Strong buyback but stock price flat
 

KOH BROS -- are you sure this is a good move? I wonder.....

has entered into a subscription agreement for the proposed subscription of 155 million new ordinary shares in Metax Engineering Corporation Ltd (“Metax”) for a total cash consideration of S$8.215 million, or S$0.053 for each Subscription Share. In conjunction with the issue of the Subscription Shares to Koh Brothers, Metax will also issue 165 million free detachable, non-listed and non-transferable warrants (“New Warrants”) to Koh Brothers for nil consideration.
With the investment, Koh Brothers will own approximately 41% of Metax’s enlarged share capital.

heng ah! Koh Brothers stock has touched 27.5 cents. Always thought this one was undervalued greatly (mainly because of their shopping mall) but didnt have the market support and belief to climb higher. Well, looking good now.

Koh Brothers bought back 650,000 shares today 30-30.5 cents.
Something's brewing @ Metax Engineering.... Koh Bros owns 41% of Metax.