Biosensors Announces Appointment of New CEO - Jose Calle Gordo

Mr Jose Calle Gardo has led an illustrious career with over 25 years of broad business and management experience in the medical devices industry, having served in various vice president and managerial roles at Abbott, Eli Lilly, and Guidant. He led the global team that developed and commercialized Xience a family of drug eluting stents (DES) and a market leader for the treatment of coronary artery disease with global sales of more than $1.6 billion while serving as Vice President and General Manager of Drug Eluting Stents Vascular Intervention at Guidant based in Santa Clara, CA, U.S.A.

As Vice President of Abbott Vascular based in Brussels, he later led the commercial introduction of Bioresorbable Vascular Scaffolds (ABSORB) and MitraClip, the world's first percutaneous mitral valve repair therapy. During his earlier years with Abbott, he spearheaded the integration of Guidant and Abbott Vascular Devices in 2006 and managed the international operations of Abbott Vascular outside the U.S. between 2011 and 2012.
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=KD5PXZXH5ET6YSPZ

Umbrella lines - Paper umbrella candlestick patterns - Hammers - Hanging Man

The Hanging Man and Hammer Patterns

The hanging man and hammer patterns are trend reversal patterns that consist of the same type of candlestick, which are called umbrella lines because of their shape. In other words, both the hanging man and the hammer pattern have the same shape, though the one is bearish while the other is relatively bullish. What distinguishes the two is the nature of the trend that they appear in. If the umbrella line appears in an uptrend then it is known as the hanging man pattern, and if it appears in a downtrend, then it is known as the hammer pattern. Both are a single candlestick pattern in which the candlestick consists of a real body that is located at the top of the candlestick with little or no upper shadow and a relatively long lower shadow, which should be at least twice the length of the real body. The color of the hanging man or hammer candlestick is not important.


Hanging Man and Hammer Patterns

The Hanging Man

The hanging man is a bearish signal that appears in an uptrend and warns of a potential trend reversal. The candlestick pattern is called the hanging man because the candlestick resembles a hanging man with dangling legs. The long lower shadow of the hanging man is generally a bullish signal, indicating that demand for the underlying security forced the price into the upper third of the price range for that period. For this reason, confirmation of a trend reversal is should be sought. At the very least, the candlestick following the hanging man should close below the real body of the hanging man. Confirmation may also take the form of another trend reversal pattern such as an engulfing pattern or a piercing pattern. The color of the hanging man on its own is not important though the nature of the confirmation pattern may assign significant to the color of the hanging man candlestick.

The Hammer

The Japanese name for the hammer pattern is takuri, which means testing the water for its depth. The hammer pattern is quite similar in appearance to the hanging man pattern but it occurs in a downtrend and is a bullish signal that warns of a possible trend reversal. The candlestick is called a hammer because it hammers out a base at the bottom of the downtrend. The long lower shadow of the hammer is a bullish signal regardless of the color of the candlestick's real body. It indicates that the underlying sold off sharply but demand returned, forcing the price back up to close at or near the high for that period.

http://www.chart-formations.com/candlestick-patterns/hanging-man-and-hammer.aspx

Alan Wang of Asdew

SUNPOWER GROUP’S substantial shareholder Artur Jurczakowski has been regularly offloading his shares -- but a Singapore fund, Asdew Acquisitions, has upped its stake in the past year.




Jurczakowski's latest announced disposals took place in February 2013, when he sold 1.4 million shares at an average price of 20 cents on the 5th and 19th. His interest hs dipped below 5%.

Asdew Acquisitions, on the other hand, upped its stake in Sunpower from 3.57% as at 9 March 2012 to 4.29% as at 8 March 2013. Just check out the annual reports.

Asdew Acquisitions is a fund predominantly owned by former Kim Eng director Alan Wang.


In February 2013, Asdew emerged as a cornerstone investor of Mapletree Greater China Commercial Trust, one of the largest ever REIT IPOs in Singapore.

Last month, the fund also took a placement of new shares issued by Sino Grandness Food Industry.

http://www.nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/6745-sunpower-share-overhang-when-investor-chooses-to-offload-on-open-market


ASDEW ACQUISITION founder Alan Wang has emerged as a substantial shareholder in Memstar Technology with a 5.3% stake after he paid more than a million dollars for Memstar shares this week.

On 6 Jan, he acquired 11.888 million Memstar shares (0.4476% of the issued capital) at about 10 cents each from the open market, bumping up his interest over the 5% threshold that makes shareholding disclosure mandatory.

Memstar’s stock price has rocketed 47% over the past 3 weeks, hitting a high of 11 cents on 6 Jan, the day when Mr Wang made his latest transaction.

Memstar is currently in a supplemental agreement with SGX listed United Envirotech (UEL), which will see UEL acquiring Memstar’s businesses and assets for S$293.4 million.

The acquisition will make the combined entity a vertically integrated water solutions provider with enhanced competitiveness, leveraging on both Memstar’s proprietary membrane technologies and UEL’s strong engineering and marketing capabilities.

http://www.nextinsight.net/index.php/story-archive-mainmenu-60/924-2014/7956-memstar-stamford-tyres-smart-money-moves
 

Gay Chee Cheong - Deputy Chairman and Chief Executive Officer 2G Capital

Mr. Gay Chee Cheong is currently employed at 2G Capital as a Deputy Chairman and Chief Executive Officer. He also serves as the Board Member at Sinolac (Singapore) Pte., Ltd. Mr Gay was with JIT Holdings Limited for 4 years as Group Executive Director responsible for corporate planning, business development and investments of the JIT Group. He was concurrently the Managing Director of JIT Changi Logistics Centre (Singapore), JIT Electronics (Shanghai) Co., Ltd and JIT ... Electronics (Magyaroszag) kft (Hungary) responsible in starting up the subsidiaries. He was also the Director responsible for public-listing and the merger of JIT with Flextronics International worth S$1.1 billion. Prior to JIT, Mr Gay was with Singapore Technologies Pte Ltd and was the General Manager/Director of the joint venture company.

http://investing.businessweek.com/research/stocks/private/person.asp?personId=27197397

Tommie Goh Thiam Poh

Mr Goh was appointed as a director in March 2003 and is a member of the Compensation and Audit

Committees. Mr Goh was last re-elected in 2003.

Mr Goh is currently the Chairman of 2G Capital Pte Ltd. He also sits on the board of Vision Technologies System Inc, and SGX-listed Seksun Corporation Ltd.

 

Prior to his appointment with SingPost, Mr Goh was the co-founder and Executive Chairman of JIT Holdings Ltd from 1988 to 2000. He founded JIT Electronics in 1988 with 20 employees in a 5,000 square feet rented factory space. He spearheaded JIT Electronics’ rise to become one of the top 20 largest electronics manufacturing service providers in the world before its merger in August 2000 with Flextronics International.

 

By 2000, JIT Electronics had over 5,000 employees with over 1 million square feet of owned factory space in Singapore, Malaysia, Indonesia, China and Hungary, as well as a sales and marketing network in the Asia Pacific and the United States.

In 2000, Mr Goh was conferred the Doctor of Philosophy in Business Administration by Wisconsin International University. In recognition of his business achievements, he was named the Rotary-Asme Entrepreneur of the Year in 1997 by the Rotary Club of Singapore. He was also named Businessman of the Year in Singapore in 1999 at the Singapore Business Awards jointly organised by The Business Times and DHL Worldwide Express. In 1998, JIT Holdings Limited was awarded the Singapore Business Enterprise Award. In 2002, Mr Goh was conferred the Public Service Medal.
 

 

 

http://www.singpost.com/downloads/investor/annual_reports/AR0405/InfoonBodofE03AF.pdf