Temasek - Heliconia Capital - Ron Sim - Jumbo Group

Temasek Holdings unit Heliconia Capital Management is targeting local enterprises that wish to expand abroad demonstrated by its recent cornerstone investment in local food and beverage multi-dining concept brand Jumbo Group.

Jumbo Group surged in its trading debut after selling shares in the city-state’s largest initial public offering (IPO) to date for 2015. The IPO was backed by cornerstone investors Heliconia and Osim International’s chairman and founder Ron Sim. Initially offered at S$0.25, the shares rose as much as 58 per cent to an intra-day high of S$0.395.

Jumbo operates restaurants offering pork rib soup, or bak kut teh,  as well as ramen noodles. It claims to serve more than 6000 customers daily, according to its website. A filing indicates its plans to expand abroad and deepen its footprint in Singapore with the opening of four more outlets in China and Singapore within 2016-2017 period.

Heliconia describes itself as an investment firm that focuses on growth-oriented Singapore firms, as well as investing directly into Singapore-focused private equity (PE) funds as a limited partner (LP). According to their Bloomberg profile, the funds that Heliconia infuses capital into mandates investment of at least 50 per cent of committed capital into Singapore-based ventures.

In an interaction with Bloomberg, CEO Derek Lau explained: “For Heliconia, our mandate is to identify and support Singapore-headquartered companies to be globally competitive companies. We will continue with a steady pace of investment.”

Heliconia took a S$10-million holding in Jumbo’s IPO, according to a filing by Jumbo Group. According to Lau, the Temasek unit has invested in about nine ventures focused on urbanisation and the growing middle class in the region.

Publicly available information on their website indicates a portfolio of nine ventures that includes Singapore-based gaming hardware manufacturer Razer, MRO offshore solutions provider Mencast and engineering solutions architect and provider Hope Technik, which was reported by Tech in Asia to be exploring swarm intelligence applications for drones in 2014.

In a statement to Bloomberg, Lau said, “We’re careful. We have no set targets; it depends on when the opportunities arise. There’s no fixed formula. We need the stars to be aligned. Obviously the companies themselves must see the value that Heliconia can bring.”

Also Read: Temasek unit, OSIM founder come in as cornerstone investors in seafood chain Jumbo Group’s IPO

http://www.dealstreetasia.com/stories/temasek-unit-heliconia-capital-bets-on-singapore-growth-ventures-looking-to-turn-global-18929/

Enspire - Chay Kwong Soon

The Enspire Group is a technology and business development group that assists the inspired entrepreneurs to achieve their vision and dreams to build long-lasting and highly differentiating business. Founded and led by veteran entrepreneur,

Mr Chay Kwong Soon, co-founder of Creative Technology Ltd and Chairman of Beyonics Technology Ltd, the Enspire team provides, besides financial investment, value-add to our portfolio companies through our extensive network, experience and expertise.

Enspire works with companies that are in the fast growing fields of communication, internet and medical technology.

Enspire participates in any stage of the company's growth, though our valueadd would be greatest in the early stages.

Since incorporation in 1998, Enspire has invested in more than 20 companies in Singapore, Taiwan, US and Europe.  

http://ftp.antlabs.com/index.php?option=com_content&view=article&id=58%3Ainvestor-profile&catid=38&Itemid=105

Golden Energy and Resources (GEAR) new name for United Fiber System

Just completed $1.88 billion reverse takeover exercise by a Sinar Mas related entity

Name change effective 21st April 2015

Reverse Take Over (RTO) completed 20th April 2015

New business will now focus on

1. Coal mining

2. Forestry

3. Trading businesses of GEAR post-RTO


226.5 million share placement will be conducted

Tommie Goh Thiam Poh - 2G Capital

1. Chairman of 2G Capital, a private investment company

2. Founded JIT Holdings in 1988 , a Singapore contract electronics manufacturer

3. Awarded the Public Service Medal in 2002

4. Conferred the Doctor of Philosophy by Wisconsin International University in 2000

5. Sold JIT to Flextronics November 2000 in a $640 million stock deal. Former Board Member at Flextronics International Ltd.

6. Spent $3.7 million on a 68th-storey unit in Tower 1 of The Sail @ Marina Bay a waterfront lifestyle condominium located in the Marina Bay area in Singapore.

7. Continues to invest in companies in Asia Pacific and is supportive of the study of entrepreneurship.

8. In 2000, donated $2m to establish the The Tommie Goh Professorial Chair in Entrepreneurship and Business at SMU.

9. Listed as the 19th largest shareholder in the Midas Holdings 2014 Annual Report

Blue Sky Power Holdings Ltd (SGX:UQ7)

Description

Blue Sky Power Holdings Limited, formerly China Print Power Group Limited, is an investment holding company. The Company is a books and specialized products printing company serving the international market. The Company specialize in the printing of books, as well as the design and manufacturing of quality specialized products, such as leather and fabric-bound diaries, journals and greeting cards. Its integrated services include pre-press, printing to finishing/binding services. The Company's segments include book product, which is engaged in the provision of suite of services from pre-press to printing to finishing/ binding services, and specialized product, which is engaged in the production of custom-made printing products. The Company serves a base of customers that includes international publishers and retail stores across Europe, North America and Asia, such as Barnes & Noble Distribution in the United States, Parragon Books Ltd. in the United Kingdom, and others.

More from Reuters »

 

http://www.google.com/finance?cid=714746701970440

SGX Healthcare Stocks - Five largest capitalised health-care equipment and services stocks

1. IHH Healthcare

2. Raffles Medical Group (RMG)

3. Biosensors International Group

4. Religare Health Trust

5.  TalkMed Group

IHH Healthcare

 Key growth markets with operations and investments in our home markets of Singapore, Malaysia and Turkey.

Key markets of the People's Republic of China, India and Hong Kong; as well as in other markets such as Brunei, Vietnam, United Arab Emirates ("the UAE"), Macedonia and Iraq.

World's second-largest listed healthcare operator by market capitalisation.

On 25 July 2012, IHH's initial public offering ("IPO") became the first ever IPO to be simultaneously listed on the main markets of Bursa Malaysia Securities Berhad ("Bursa Securities") and Singapore Exchange Securities Trading Limited ("the SGX-ST"). Deemed a major step in creating greater cooperation amongst regional bourses, the Group's dual listing was the largest ever IPO for a hospital operator in Asia, the second largest IPO in Asia for 2012 and the third largest IPO in the world for the same year.

Today, IHH's business units operate over 6,000 licensed beds in 37 hospitals as well as medical centres, clinics and ancillary healthcare businesses across ten countries, with over 3,000 new beds in the pipeline to be delivered through new hospital developments and expansion of existing facilities. We employ more than 25,000 people worldwide.

Our "Mount Elizabeth", "Gleneagles", "Pantai" and "Acibadem" brands are among the most prestigious in Asia and Central and Eastern Europe, with a growing presence in the Middle East. Each IHH-invested company is a premium brand operating in an established and growing home market and, in a number of cases, with significant inbound medical tourism growth potential.

http://www.ihhhealthcare.com/index.php

Raffles Medical Group (RMG)

Raffles Medical Group (RMG), (Chinese: 莱佛士医疗集团) (SGX: R01) established in 1976. The group runs a network of clinics, hospitals, surgical centres, speciality units and medical laboratories islandwide.

In 1976, the group's founders, Dr Loo Choon Yong and Dr Alfred Loh opened their first two clinics in Singapore's Central Business District (CBD) with the aim of providing medical services to corporate clients. By 1989, this had grown to five clinics and it was then that the two friends decided to incorporate their clinics into a medical practice group. Expanding after its incorporation, RMG moved into Singapore's HDB heartlands with their first neighbourhood clinic in 1993. More similar clinics soon followed in other estates.

In 1990, RMG tendered and obtained a contract with the Civil Aviation Authority of Singapore to provide medical services to the passengers transiting through Changi International Airport as well as airport workers. This also marked RMG's first 24-hour clinic.

Today, RMG runs a network of 74 multi-disciplinary clinics across Singapore, and four medical centres in Hong Kong and Shanghai. Airport clinics in Singapore’s Changi International Airport and Hong Kong’s Chek Lap Kok International Airport are also managed by them.

The Group's flagship hospital is Raffles Hospital. It is located in Bugis and consists of 20 different specialist centres which provides specialist services such as obstetrics and gynaecology, cardiology, oncology and orthopaedics.^[1]

In 2005, RMG also began offering health financing under its subsidiary International Medical Insurers (IMI). RMG also has its own consumer healthcare division which develops and distributes a full range of nutraceuticals, supplements, vitamins and medical diagnostic equipment.

RMG uses the Institutional Group Practice Model. Through this model, specialists work as a team to provide patients quality medical services that are integrated, peer reviewed and medically audited.

http://en.wikipedia.org/wiki/Raffles_Medical_Group

Biosensors International Group

Since 1990, we have been developing and marketing critical care catheter systems and related devices used during heart surgery and intensive care treatment.

Always seeking to be at the forefront of product innovation, we entered the interventional cardiology market in 2000 with our proprietary coronary stent and accompanying stent delivery system. In the same year, we further expanded our product line to include angioplasty balloons and catheters.

Since that time, Biosensors has rapidly grown to become the world’s fourth largest supplier of cardiac stents, with the BioMatrix™ family of drug-eluting stent and the Axxess™ self-expanding bifurcation stent.  Our pioneering work has continued with the development of the BioFreedom drug-coated stent, which received CE Mark approval in January 2013 and is currently available in selected markets.

The BioMatrix Family of drug-eluting stents incorporate Biolimus A9™ (BA9™), an anti-restenotic drug developed specifically for use with stents and patented by Biosensors, together with a unique abluminal biodegradable polymer coating, which fully degrades into carbon dioxide and water after six to nine months as it releases BA9. The latest addition to the BioMatrix Family, BioMatrix NeoFlex™, features an enhanced stent delivery system, bringing exceptional performance in complex lesions and challenging anatomies

The Axxess self-expanding dedicated bifurcation stent features the same winning combination of BA9 and biodegradable polymer with a conical shaped nitinol self-expanding stent platform, specifically designed to conform to the shape of the bifurcation anatomy.
BioFreedom features a microstructured abluminal surface, which permits the controlled release of BA9 without the use of a polymer or other carrier.

http://www.biosensors.com/intl/

Religare Health Trust

RHT is the first business trust listed on the SGX-ST with a portfolio comprising healthcare assets in India.

Our investment mandate is principally to invest in medical and healthcare assets in Asia, Australasia and emerging markets in the rest of the world.

The portfolio comprises 12 Clinical Establishments, 4 Greenfield Clinical Establishments and 2 Operating Hospitals. The total value of these assets are approximately S$844 million as at 30 September 2014.

The Trustee-Manger intends to pursue the following strategies in order to meet the key objective:

1. Acquisition Growth Strategy
   Source for and acquire assets, in accordance with RHT's investment mandate, with the objective of enhancing distributions to Unitholders.
2. Development Strategy
   Expand RHT's portfolio of medical and healthcare assets and services including through greenfield development projects.
3. Active Asset Management and Enhancement Strategy
   Implement pro-active measures to enhance the returns from RHT's existing and future portfolio in consultation with the current or prospective operator(s) of the assets.
4. Capital and Financial Risk Management Strategy
   Employ an appropriate mix of debt and equity in the financing of the acquisition of medical and healthcare assets and asset enhancements. The Trustee-Manager may also from time to time utilise interest rate and currency hedging strategies to manage the risks associated with changes to interest rate and currency fluctuations.

http://www.religarehealthtrust.com/

TalkMed Group

Premier provider of medical oncology and palliative care health care services in Singapore

We are a group of doctors providing tertiary healthcare services in the fields of medical oncology and palliative care to the oncology patients in the private sector in Singapore through PCC. Tertiary healthcare involves specialised care of a high complexity requiring specialised skills, personnel and support services. We have specialists with special interests in breast cancers, head and neck cancers,gastro-intestinal cancers, uro-gynaecological cancers, and haematology malignancies.

 

 

Executive Officers

Our Executive Officers as at the date of this Offer Document comprise our Executive Directors, Dr Ang Peng Tiam and Dr Khoo Kei Siong, and our CFO, Mr Quek Hiong How.

Information on the business and working experience, education and professional qualifications, if any, of our CFO are set out below:

Mr Quek Hiong How is our CFO and is responsible for overseeing the finance and accounting functions of our Group. He was the finance director of Boustead Projects Pte Ltd from October 2005 to July 2009, a subsidiary of Boustead Singapore Limited (an SGX-ST Mainboard-listed company) as well as the chief financial officer of Informatics Holdings Ltd (currently known as Informatics Education Ltd.) from October 2003 to September 2005.

Mr Quek was the chief financial officer for Keppel Communications and Transportation Ltd from February 2000 to June 2003. Mr Quek was also the Vice President (Finance and Administration) for the then-Television Corporation of Singapore Pte Ltd from 1993 to 2000.

Mr Quek is a member of the Institute of Singapore Chartered Accountants (formerly known as the Institute of Certified Public Accountants of Singapore) and a fellow of the Association of Chartered and Certified Accountants, United Kingdom.

http://www.talkmed.com.sg/

A Conceptual Approach to Singapore Taxation - Poh Eng Hin

Description



 A book on Singapore income taxation and the goods and services tax presented along the lines of a seven-point conceptual framework comprising:

(1) Jurisdiction;
(2) Base;
(3) Allocation;
(4) Person;
(5) Cross-Border Linkages;
(6) Tax Expenditures; and
(7) Administration.
General Information

 

Author: Poh Eng Hin / Deborah M.Y. Poh

(Special thanks to Ms Dora Lim for being the principal author of Appendix 23-1 of the book)

Institution author affiliated to: Nanyang Business School, Nanyang Technological University, Singapore...



(Disclaimer: The views expressed in the book are the author’s own and do not necessarily reflect those of any institution to which the author is affiliated. While every effort has been taken to ensure the accuracy and completeness of the publication, the author expressly disclaims liability for any loss that may occasion to any party from any reliance placed on the work.)

Publisher: Pearson Education

ISBN: 978-981-45-2698-2

Year of publication: 2013 (1st edition)

No. of pages (main content): 922



Table of Contents:

PART 1: INTRODUCTION AND THE CONCEPTUAL FRAMEWORK
Overview of Part 1
Chapter 1: Introduction to Taxation
Chapter 2: The Conceptual Framework and The Legal Framework
Chapter 3: The Conceptual Framework Applied to Income Taxation

PART 2: JURISDICTION
Overview of Part 2
Chapter 4: Defining the Income Tax Jurisdiction
Chapter 5: Defining Heads of Charge
Chapter 6: Determining the Residence of the Person
Chapter 7: Locating the Geographical Source of the Income

PART 3: BASE
Overview of Part 3
Chapter 8: Exemptions
Chapter 9: Deductions
Chapter 10: Capital Allowances
Chapter 11: Quantifying Statutory Income
Chapter 12: Quantifying Assessable Income
Chapter 13: Quantifying Chargeable Income

PART 4: PERSON
Overview of Part 4
Chapter 14: Income Tax Aspects Peculiar to Companies
Chapter 15: Income Tax Aspects Peculiar to Individuals
Chapter 16: Taxation of Partnership Income
Chapter 17: Taxation of Other Entities

PART 5: CROSS-BORDER LINKAGES
Overview of Part 5
Chapter 18: Double Taxation and Tax Treaties
Chapter 19: Residents Receiving Foreign Income in Singapore
Chapter 20: Non-Residents Deriving Singapore Income

PART 6: ALLOCATION
Overview of Part 6
Chapter 21: Further Allocation Issues

PART 7: ADMINISTRATION
Overview of Part 7
Chapter 22: Income Tax Administration

PART 8: TAX EXPENDITURES
Overview of Part 8
Chapter 23: Overview of Income Tax Incentives

PART 9: GOODS AND SERVICES TAX
Overview of Part 9
Chapter 24: Introduction to the GST
Chapter 25: GST in Singapore


ORDER / CONTACT DETAILS:
To order the book or to contact the author, please send a private message via this Facebook page.  


https://www.facebook.com/pages/A-Conceptual-Approach-to-Singapore-Taxation/515803501818636

 

Capitaland - TACT Proprietary Calibration Bands

Red mid-band being tested. A breakdown below this red support band will probably see a test of lower green support zone.

Any upward rebound above $3.40 will see a challenge and an upward attempt to retest the blue upper resistance area.

Oei Hong Leong Stocks

 

RAFFLES EDUCATION  operates 34 colleges in 31 cities across 12 countries in Asia-Pacific. Its colleges offer a comprehensive range of internationally-recognised programmes leading to Diploma, Advanced Diploma, Degree and Masters qualifications.

IPC Corp is a Japan property developer.

DataFolio version 3 - Best SGX Stock Data Service Provider

Simple to use.

Just  click a few buttons everything done.

 Data updated and bonus, rights, etc also updated.

Great service with great price.

Did not believe it when my friends told me about it.

They use it for many years and finally I joined 6 years ago.


http://www.technical-analysis.com/prodDataFolio.html

AIMS AMP CAPITAL INDUSTRIAL REITS - Heading For Potential Gap Resistance Zone

Beautiful inverted hammer reversal on 11th Aug 2014 at lower green channel support area.

Immediate potential resistance is the black gap zone.

Next potential resistance zone if the black gap is penetrated successfully is the red mid channel resistance range.

A strong upward swing above the red mid channel will result in a challenge to test the upper blue channel resistance boundary.

Take note that any failure to clear and stay above the black gap resistance will probably see range trading between the gap resistance zone and  lower green channel support zone.

Ying Li International Real Estate - DETAILS OF THE SHARE SUBSCRIPTION

Issue Price

The issue price of S$0.260 (the "Issue Price") of each of the Subscription Shares represents a discount of approximately 10.0% to the volume weighted average price (the "VWAP") of S$0.2888 for trades done on the ordinary shares of the Company (the "Shares") on Main Board of the SGX-ST on 24 June 2014 (being the full market day on which Shares were traded prior to the date of the Share Subscription Agreement).



The Company will raise gross proceeds of S$99,060,000 from the Share Subscription.

The Issue Price was commercially agreed between the Company and the Subscriber, after taking into consideration, inter alia, the historical trading prices and volume of the Shares on the Main Board of the SGX-ST. The Company is seeking the specific approval of shareholders of the Company (the "Shareholders") for the issuance of the Subscription Shares, the Convertible Securities and the Conversion Shares as it does not intend to utilise the General Mandate (as defined in Section 10 below).



Subscription Shares
 The Subscription Shares represent in aggregate approximately 17.5% of the existing issued share capital of the Company comprising 2,175,585,804 Shares as at the date of this announcement and will represent approximately 14.9% of the enlarged issued share capital of the Company comprising 2,556,585,804 Shares on completion of the Share Subscription.
 The Subscription Shares when issued and delivered shall be free from all charges, liens and other encumbrances and shall rank in all respects pari passu

with the Shares

existing at the date of issue of the Subscription Shares, save that they shall not rank for any dividends, rights, allotments or other distributions, the record date for which falls on or before to the date of issue of the Subscription Shares. For the avoidance of doubt, as at the date of this Announcement, the Company has not declared any dividends, rights, allotments or other distributions, the record date for which falls on or before the date of issue of the Subscription Shares.


http://yingligj.listedcompany.com/newsroom/20140630_072922_5DM_OYM2BIMYTKK62HKP.1.pdf

Capitaland Potential Adam and Eve Double Top

A steeper and sharper peak as shown by the green inverted V pattern was formed in April 2014. A pullback from this Adam Top Peak saw price dropped towards the blue support zone and a hammer candlestick was formed on 12th May 2014.

During the months of May and June 2014 a rounded Eve Top Peak indicated by the red curve was formed. Thus resulting in a potential Adam and Eve Double Top formation. The yellow immediate support zone is being tested now.

 A successful bounce upwards may retest the highs of the Adam and Eve Double Top Peaks. This upward swing will negate the double top pattern. Conversely. if the yellow support zone breaks down price will retreat downwards to the next support range indicated in blue.  A breakdown below this blue support zone will confirm this double top pattern.

A Conceptual Approach to Singapore Taxation - Poh Eng Hin

 

Description



 A book on Singapore income taxation and the goods and services tax presented along the lines of a seven-point conceptual framework comprising:

(1) Jurisdiction;
(2) Base;
(3) Allocation;
(4) Person;
(5) Cross-Border Linkages;
(6) Tax Expenditures; and
(7) Administration.



General Information

 

Author: Poh Eng Hin / Deborah M.Y. Poh

(Special thanks to Ms Dora Lim for being the principal author of Appendix 23-1 of the book)

Institution author affiliated to: Nanyang Business School, Nanyang Technological University, Singapore...



(Disclaimer: The views expressed in the book are the author’s own and do not necessarily reflect those of any institution to which the author is affiliated. While every effort has been taken to ensure the accuracy and completeness of the publication, the author expressly disclaims liability for any loss that may occasion to any party from any reliance placed on the work.)

Publisher: Pearson Education

ISBN: 978-981-45-2698-2

Year of publication: 2013 (1st edition)

No. of pages (main content): 922



Table of Contents:

PART 1: INTRODUCTION AND THE CONCEPTUAL FRAMEWORK
Overview of Part 1
Chapter 1: Introduction to Taxation
Chapter 2: The Conceptual Framework and The Legal Framework
Chapter 3: The Conceptual Framework Applied to Income Taxation

PART 2: JURISDICTION
Overview of Part 2
Chapter 4: Defining the Income Tax Jurisdiction
Chapter 5: Defining Heads of Charge
Chapter 6: Determining the Residence of the Person
Chapter 7: Locating the Geographical Source of the Income

PART 3: BASE
Overview of Part 3
Chapter 8: Exemptions
Chapter 9: Deductions
Chapter 10: Capital Allowances
Chapter 11: Quantifying Statutory Income
Chapter 12: Quantifying Assessable Income
Chapter 13: Quantifying Chargeable Income

PART 4: PERSON
Overview of Part 4
Chapter 14: Income Tax Aspects Peculiar to Companies
Chapter 15: Income Tax Aspects Peculiar to Individuals
Chapter 16: Taxation of Partnership Income
Chapter 17: Taxation of Other Entities

PART 5: CROSS-BORDER LINKAGES
Overview of Part 5
Chapter 18: Double Taxation and Tax Treaties
Chapter 19: Residents Receiving Foreign Income in Singapore
Chapter 20: Non-Residents Deriving Singapore Income

PART 6: ALLOCATION
Overview of Part 6
Chapter 21: Further Allocation Issues

PART 7: ADMINISTRATION
Overview of Part 7
Chapter 22: Income Tax Administration

PART 8: TAX EXPENDITURES
Overview of Part 8
Chapter 23: Overview of Income Tax Incentives

PART 9: GOODS AND SERVICES TAX
Overview of Part 9
Chapter 24: Introduction to the GST
Chapter 25: GST in Singapore


ORDER / CONTACT DETAILS:
To order the book or to contact the author, please send a private message via this Facebook page.  


https://www.facebook.com/pages/A-Conceptual-Approach-to-Singapore-Taxation/515803501818636

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

Genting - Down Hill Eversince Break Down From Diamond Formation

Line chart as at 5th March 2014 1036 am.

Diamond breakdown since mid Jan 2014 has maintained bear pressure on price.

Immediate support is the yellow zone.

Any downward movement will most probably be guided by the down channel projection shown.

Immediate resistance is the upper down channel boundary.

Next resistance is the blue area indicated.

Any further upward thrust above the blue band will retest the pink region.